Treasury notes boost to sav ings bonds profits amid postwar demand
In the two years since the war ended the Treasury notes that people hold have grown. Government bond data show E bonds steady and stronger than anticipated while Series F and G bonds rise with affluent buyers. Savings bonds remain a solid investment as interest income climbs by about 500 million dollars annually.
MENTIONED IN THIS ARTICLE
Treasury Department
Japan
U. S
Comparing Occupations Japan Germany and Postwar Prospects
The piece contrasts Allied occupation outcomes in Japan and Germany. It cites General MacArthur praising Japan's postwar recovery while arguing Germany suffered greater devastation with slower progress. It questions Russia’s role and the feasibility of a parallel occupation system in Germany.
Bonds Boost as Vets Cash Terminal Leave Bonds
The article notes World War II veterans cashing terminal leave bonds and suggests government promotion of old CR or savings bonds for individuals. It highlights that bonds remain a familiar form, with government messaging encouraging purchases now and promising substantially larger returns in ten years. It also mentions ongoing redemption of E bonds as people still buy bonds.
Hoover interview sparks debate on US entry to wars
Former President Herbert Hoover questions necessity of US fighting in World War II and asserts Britain could have fallen. He says Germany attacking Russia created a path to victory and that Japan provoked the United States. The remarks contrast with accepted history of mutual aggression and the onset of global war.
MENTIONED IN THIS ARTICLE
Lars Dee
Bose
Jomedian
Aros
Alabama Georgia bridge plan stalled by wartime limits
The report notes Alabama ranks high in per capita income and spending while wartime wages influence growth. Governors discuss a potential Chattahoochee River bridge linking Phenix City and Columbus, with federal funding awaited. Meanwhile criticism grows over Alabama’s single license plate for 1948, prompting debate on identification versus privacy across states.
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Chattahoochee River
Phenma City
Coslum
Alabama
Georgia
Governor Folsom dodges on dress length debate
Reporters pressed Governor Jim Folsom on the proper length of women's dresses and he dodged, calling skirts a matter of changing times and politics. The piece notes his reputation for kissing 50,000 women and questions who else might be qualified to judge hem lines.
MENTIONED IN THIS ARTICLE
Jim Folsom
Fromm
Alabama
Bradley to Be Bypassed as Ike's Successor in Army
The piece argues inner Army politicos aim to sideline Omar Bradley from the top staff job and instead create a U S theater command headed by him as a stepping stone for rivals. It recounts Eisenhower’s preference for Bradley as chief of staff and details power plays during his European tour and on Capitol Hill.
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Washington
Omar Bradley
Eisenhower
Bradley
U. S
Mediterranean
Army
Mark Clark
Italy
Europe
Veterans Administration
Columbia University
Bradiey
Veterans of Foreign Ware
Louie Starr
Truman
Starr
Omar Ketchum
Vor
This Afternoon by John Temple Graves
The piece argues for higher teacher pay to free time for quality instruction, urging basics like reading spelling and arithmetic. It criticizes excess school programs and praises parental involvement to ensure student ethics and accurate work. It notes teacher shortages and calls for restoring exactness in early education.
War and peace voices amid a tangled wartime debate
The piece cites remarks by Maj Gen Maxwell D Taylor and Gen Jacob I Devers urging vigilance and a strong steel and armament base, while Gen William J Donovan warns against relying on disarmament. Delegates discuss UN strategy, free enterprise, and potential shifts in U.S. leadership within a fractured Republican party led by Taft, Dewey, Stassen, and Eisenhower advocates.
Europe Crisis Deepens as U S Eyes Action
In a Washington dispatch, Lovett warns Europe faces a worsening economic crisis with drought, mismanagement, and scarce resources. He cites Russia’s weather luck, German paralysis, and lack of Allied coordination as fueling instability and the risk of war, prompting calls for potential U.S. intercession and early Marshall Plan momentum.
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Anerman
Lovett
Washington
Russia
Fiarstain
Finds It Doesn't Pay To Volunteer
Richmond Virginia report notes that Robert L Thuoner, sexton at Grace and Holy Trinity Episcopal Church, was off duty during a church supper when he slipped near a coal furnace and sprained his leg. The state industrial commission denied compensation, saying his leave for several days and the lack of a substitute made him a volunteer.
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Richmond
Cap
Robert L. Thuoner Sexton
Grace and Holy
Trinity Episcopal Church
Len
Bevin calls for redistributing Fort Knox gold claim
Hal Boyle notes Bevin's proposal to redistribute Fort Knox gold. He tours Fort Knox to explain the scale of U.S. gold reserves, about 12.5 billion dollars housed in bricks and vaults, and explains its role in money, currency backing, and international trade.
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Hal Boyle
Washington
Ernest Bevin
United States
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Southport
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Knox
Louisville
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Mint
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