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Newspaper
Graettinger Times
Location
Graettinger, Iowa, United States of America
Date
Aug 25, 1949
Page
6
Weekly news analysis notes President Truman's approval of the North Atlantic Pact as Cold War pressure intensifies. The House rejects Brannan’s farm plan, signaling legislative clashes over agriculture policy. British demands for atomic bomb secrecy spark controversy and strain alliance dynamics.
The House approved a measure preserving the current farm price support at 90 percent parity by a 383 to 25 vote, killing the Aiken law and denying a test run of the Brannan plan. Pace’s trial provisions failed 222 to 152, Gore’s substitute won 383 to 75, while lobbyists crowded corridors as the chamber shaped farm policy amid sharp partisan clashes. Russia warns that further European aggression will trigger U S action, following an 82 to 13 Senate ratification of the Atlantic Pact.
A report on unusual fish research at the University of Toledo includes thirty three eyed brown trout and transplanted beating hearts. It also covers England sharing atomic secrets with Britain, potential disruptions from the atomic energy law, and fears Britain may threaten uranium supplies. Housing plans mention a $5900 modest home for military housing needs near Fort Belvoir with sewer and water systems, and a push for a large military construction bill to house thousands of families.
British power challenged in Singapore as Chiang Kai-shek portraits are torn down and Mao Zedong images are secretly tacked up. The episode echoes a prior instance when British rule was flaunted and follows a directive from Chinese Communist leaders.
British forces switch from agitation to direct action seizing and executing Communist leaders as they quell unrest. The city’s Communist power is broken while Singapore remains a clash of two distinct areas, a Chinese city and a British city, in one urban landscape.
The Securities and Exchange Commission reported a drop in after tax profits to about 2.4 billion dollars for the first quarter of 1949, about 16 percent below the 1948 quarter. Large corporations saw the steepest declines, with returns on stockholders equity shrinking from 18 to 14.4 percent, while smaller firms under 250 thousand dollars in assets rose to 8.4 percent.
Israel and Syria sign an armistice to keep forces behind frontiers and establish demilitarized zones. Ceremonies near the fighting lines aim to advance Lausanne talks under UN mediation. Armistices also exist with Egypt, Lebanon, Iraq, and Jordan. Civil life to resume in zones pending final boundary accord.
In Guatemala a military revolt against President Juan Jose Arevalo ended after 24 hours of fighting. Fort Guardia de Honor, the revolt’s stronghold, was retaken by loyal troops and civilians. Forty killed, none U.S. citizens among casualties. Army officials say Col. Francisco Javier Arana was killed for refusing to lead the uprising.
At the 82nd annual Lions International convention held at Madison Square Garden in New York, Janice Harvell of Caro Lina Beach, N. was named queen of the Lions. The event featured competitors from multiple nations as judges announced the winner amid celebration.
A protest by Russia claiming Italy violated postwar alliance terms was rejected by U.S. Secretary of State Dean Acheson. The issue centered on Italy's participation with Russia and other allies after the war and whether it implied a bloc directed against the victors.
The piece surveys the 1949 NL season with the Cardinals and Dodgers led the pack and Braves and Phillies as potential threats. It notes the Pirates collapse and shifts to golf etiquette from F A W urging pace, quiet, and proper conduct on course while praising DiMaggio’s return to form.
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