Democrats Seek Open War Assets Scrutiny in Observed Surplus Debacle
Washington murmurs echo debates inside the War Assets Administration as small business leaders urge frank airing of surplus property losses. The House-like panel under Senator Murray probes 50 plants, highlighting Geneva Utah steel disposals to United States Steel for 47.5 million in May, with calls for civilian leadership, agency overhaul, and a clear standard to curb monopoly and ensure fair competition.
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WNU Service
Eye Street
N.W
Washington
D. C
War Assets Administration
White House
Mead Committee On War
Wup
Geneva
Utah
United States Steel Corporation
Colorado Fuel and Iron Corporation
Rockies
Chenoweth
Colorado
Small Business Committee
Murray
Robert Littleishn
WAA
Seniority and the Reorganization Act Shake Senate Power
The piece argues that seniority across committees under the reorganization act weakens liberal Democrats and concentrates power in southern chairmen aided by larger staffs. It notes only Walsh and Wagner among northern Democrats would keep chairs, and predicts tighter, more influential committees as the new Congress forms.
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Senator la Follette
Couness
Democratic Party
Congress
Senate
Walsh
Massachusetts
Wagner
New
Strike Front Spreads As Meat Shortage Deepens
A wide range of shortages hits households and industries as the meat crisis sharpens. OPA suspensions and feeder reluctance tighten supplies while agriculture promises late fall grass-fed relief. Union actions push toward free markets and parity price adjustments amid widespread layoffs.
MENTIONED IN THIS ARTICLE
Department of Agriculture
Worry No Longer Vets Allow Insurance To Lapse
Washington reports that World War II veterans let 90 billion dollars in government life insurance lapse from non payment. More than 10 million policies lapsed. about 2.7 million kept policies in force. Reinstatement requires two monthly premiums and a signed statement of unchanged health. Conversions to higher cost coverage are allowed with specific deadlines. 430,000 have converted to ordinary or 20 pay and 30 pay plans, with 20 payment the most popular.
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Washington
Veterans' Administration
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