President faces possible price controls over inflation risk
Economic advisers warn that runaway prices and inflation may persist, risking a real low mood rather than a recession. They flag heavy strain on the low income public depleting savings as bills rise, and note that reinstating price controls would face congressional resistance and risk black market growth without rationing.
MENTIONED IN THIS ARTICLE
Council of Economic Advisers
Truman
Brazil
Congress
New Yorkers Talk Wartime Britain and Budgets
WALTER WINCHELL notes New Yorkers discuss wartime protection of British boats in harbor amid fear of time bombs. Irving Berlin’s Easter Parade songcraft nets at least 600000 dollars. A United Airlines hostess on the Cleveland New York run is named A. Tomie. A Polo Grounds charity game features disabled war heroes the Broken Wings and the Flat Tires. Ernest Truex rehearses for The Big People as an undertaker. Henry Carmichael’s mother, 70, comments on his fame and bungie bounce. Oil talk with Sgt Alvin York and a New Hampshire governor bid rounds out the chatter. A perfume dispenser novelty debuts in Hollywood.
MENTIONED IN THIS ARTICLE
Irving Berlin
United Airlines
Cleveland
New York
A. Tomie
Polo Grounds
Alvin York
John O'Neil
American Legion
New Hampshire
Hollywood
New Deal Agencies Pay Off Says FDIC Returns
Walter Shead notes that several New Deal programs including the AAA, HOLC, FHA, and TVA are viewed positively. He highlights the FDIC paying back into the treasury 146.6 million dollars, covering its capital and boosting confidence in bank deposits since 1934. The piece credits Sen. Arthur Vandenberg with introducing the FDIC act, while asserting no bank losses since passage.
MENTIONED IN THIS ARTICLE
Home Owners Loan Corporation
Federal Housing Administration
The
Conservation Service
Tennessee Valley
TVA
Federa Deposit Insurance Corporation
Treasury
Federal Reserve
Arthur Vandenburg
Mich
Latest Dance Steps Are Easily Picked Up
Holiday season brings Hanksgiving and festive gatherings with Christmas and New Year parties. Learn the latest dance steps to join in the seasonal excitement and enjoy active participation in upcoming celebrations.
Most Decorated U S Army Officer Col Edgar Hume
Col Edgar Erskine Hume, linked with the War Department civil affairs division, has earned 66 medals and decorations since 1914. Of these, 12 are U S awards and 44 come from 20 foreign nations.
MENTIONED IN THIS ARTICLE
U. S
Col
Edgar Erskine Hume
Civil Affairs Division
War Department
United Statees
New York Bids to Lure Hollywood Industry
New York aims to attract the film business with a five year no strike pledge in the picture trades and a push to create a lively industry scene. The piece notes New York’s history with cinema, upcoming ventures, and comparisons to Hollywood while mentioning a playful song and Max Fleischmann’s 168 foot yacht named Nalda and eccentric yacht-naming ideas.
MENTIONED IN THIS ARTICLE
New York
Gotham
Old Man Gulf Stream
Paul Mallon Air Age Speeds Diplomacy
The article argues that Secretary of State Marshall uses rapid personal diplomacy rather than direct lines of communication. It describes discreetly dispatched emissaries to key capitals to shape European views on aid and self-help amid a Russo- atom era, citing George Kennan as a quiet envoy who influenced conference dynamics without public statements.
MENTIONED IN THIS ARTICLE
Marshall
Greece
Paris
Rome
China
Paris Conference of
U. S
State Department
Marshall Policy
George Kennan
Republican Congress
Europe
Wright Patterson Is Wright Patterson Save While We Have It
American per capita income has reached a record high at twelve hundred dollars a year for every person. The piece urges saving a portion of earnings to prepare for future downturns, recalling past low prices for wheat cotton hogs and corn to illustrate volatile prosperity.
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