Truman ends revival of OPA as Korea crisis looms
President Truman said no revival of the World War II price and controls office. He favored existing agencies for emergency measures and signaled discretionary power on prices and wages but urged restraint on broad executive tools. Congress debated price and credit controls with partisan amendments while production goals and tax proposals also moved.
MENTIONED IN THIS ARTICLE
Washington
Truman
Senate
House
Capitol Hill
Office of Price Administration
White House
Communists Press North as U.S. Forces Contain Push Near Chinju
U S and South Korean forces closed a trap on about 1000 North Korean troops near Chinju while North Korea pressed threats around Pohang Yongdok and Taegu. U S forces reported heavy fighting with hundreds of enemy dead and prisoners, and Mustang pilots faced losses defending airstrips.
MENTIONED IN THIS ARTICLE
U. S
Naktong River
Chinju
Waegwan
Naktong
Taegu
Red Bridgehead
Sinam-ni
Pohang
MacArthur
Uisong
Yongdok
Korea
U. S. First Cavalry Division
U. S. Eighth Army
U. S. 24Th Division
Nakton
Stroy
Changyong
U.S
24Th
U. S. First Cavalry
Walton Walker
Truman Drops Two RFC Directors in Board Shakeup
President Truman ousted Chairman Harley Hise and Harvey Gunderson from the Recon struction Finance Corporation board and named three new members C Edward Rowe Walter F Cosgriff and W Elmer Harber. The move shifts a five man board still needing Senate confirmation and keeps Willett and Dunham on board.
MENTIONED IN THIS ARTICLE
Washington
Truman
Reconstruction Finance Corporation
RFC
Congress
Commerce Department
Harley Hise
Lustron Corporation
Nevada
Mr. Truman
Sawyer
White House
Hise
Harvey Gunderson
William FE. Willett
Maryland
Walter Lee Dunham
Michigan
C. Edward Rowe
Massachusetts
Walter F. Cosgriff
Salt Lake City
W. Elmer Harber
Seminole
Shawnee
Okla
Henry A. Milligan
Senate
Senatorial Courtesy Still Works Says President
President Truman blamed senatorial courtesy for the rejection of four nominees. Hutchinson of Virginia, Hook of Michigan, M. Neil Andrews, and Carroll O. Switzer were all rejected after recess appointments. Hutchinson faced strong opposition from Byrd, while Lucas noted the unusual four-denial day.
MENTIONED IN THIS ARTICLE
Washington
Truman
Senate
Martin A. Hutchinson
Virginia
Federal Trade Commission
Hutchinson
Byrd
D.-Va
Frank E. Hook
Michigan
Motor Claims Commission
M. Neil Andrews
Georgia
Carroll O. Switzer
Iowa
Farmer Senate Democratic
Lucas
Bain elected Army and Navy Legion chaplain at Boston
Edgar H. Bain of Goldsboro North Carolina was named the new chaplain of the Army and Navy Legion of Valor. He won election at the Legion of Valor's 60th annual convention in Boston yesterday.
MENTIONED IN THIS ARTICLE
Boston
Edgar H. Bain
Goldsboro
N. C
Army and Navy Legion of Valor
Legion
Elderly Woman Murdered in Berth on the Golden State
In a Golden State Limited sleeper car near Bisbee Arizona an elderly woman from Grinnell Iowa was choked to death during a rape attempt. Harold T. Lantz a 28 year old discharged railroad employee from Tucson confessed to Sheriff I V Pruitt of Cochise County.
MENTIONED IN THIS ARTICLE
Pruitt
Bisbee
Lantz
Senate Tax Bill Advance Boosts Corporate Rate
President Truman signaled eventual enactment of an excess profits tax but urged delaying action on his broader plan. At the same time the Senate Finance committee backed a 1.5 billion dollar annual rise in corporate taxes raising the top rate from 38 to 45 percent.
MENTIONED IN THIS ARTICLE
Washington
Truman
White House
Congress
Senate Finance Committee
Senate Finance Panel Near 1.5 Billion Corporate Tax Increase
The Senate Finance Committee moves toward a 1.5 billion dollar yearly boost in corporate taxes. Members balk at retroactivity to all 1950 income. Chairman George says the increase will largely match the President's request but not in every detail. The plan may set effective dates July or October 1950.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Truman
George
Dga
New Universal Training Plan Signals Congress Soon
Washington August 10 A Defense Department spokesman told the Senate Armed Services Committee that a new universal military training plan for youths likely ages 18 and 19 is under intensive study and should reach Congress soon. Admiral H A Houser noted no details while acknowledging the effort to address manpower for the services.
MENTIONED IN THIS ARTICLE
Washington
IPA
Defense Department
Congress
H. A. Houser
Senate Armed Services Committee
Tydings
D.-Md
Army
Navy
Air Force
Houser
Department of Defense
National Guard
Senate
Armed Services
Home Front Security Legislation Faces Senate Clash
Senate leaders from both parties pursued separate paths to tighten home front security against Communist and subversive activity. Two policy committee meetings set the stage for a head-on floor clash, while the chamber signaled readiness to vote tougher defense controls once agreement is reached. The Senate passed three internal security measures without dissent.
MENTIONED IN THIS ARTICLE
Washington
Senate
United States
Mundt
R.-S.c
Ferguson
R.-Mich
Johnston
D.-S.c
Justice Department
May Delay Market Openings On Eastern and Old Belts
Raleigh August meeting handles possible delays to flue-cure tobacco markets in North and Virginia to rebalance auctioning across Georgia Florida South Carolina and border belts Weather has slowed Georgia Florida belt sales and border belt markets opening dates would shift if needed Eastern belt may delay one day from August 18 to 21 Virginia North Carolina old belt opening planned September 11 while border belt details await further data from markets and officials
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Virginia
Georgia
Florida
South Carolina
Fred S. Toyster
Henderson
Bright Belt Warehouse Association
Association
Royster
South Caro
Georgia- Florida
Virginia-North Carolina
Border Belt
Old Belt
Three Violent Deaths Reported In State
RALEIGH Aug. 10 W Alpheus Stancil 55 of Kenly Rt 2 was killed when his car ran off Highway 22 and overturned six miles north of Kenly. Dan Bailey Sanford Negro was killed when a train struck his wagon at Sanford. Milton Williams 12 Negro died from injuries suffered Monday when a power line knocked him from a wagon loaded with oats at Kinston.
MENTIONED IN THIS ARTICLE
Raleigh
W. Alpheus Stancil
Kenly
Rt. 2
Highway Patrol
Dan Bailey
Sanford
Kinston
Milton Williams
Danville Pilot Killed In Farm Dusting Crash
William Light a 25 year old Danville pilot was killed when his light plane crashed and burned on the John Albert farm about 10 miles southwest of Danville while dusting tobacco. The Danville Flying Service owned plane. witnesses said it struck a tree after beginning a turn and could not be saved. Light worked for Joe Smith at Danville Municipal Airport and as general manager of the flying service.
MENTIONED IN THIS ARTICLE
Danville
Madison
William Light
John Albert
Here
Danville Flying Service
Light
Joe Smith
Flying Service
State officials head east for Morehead City meetings
Governor Scott and a delegation travel by special train to Morehead City for State Ports Authority and Atlantic and North Carolina Railroad stockholders meetings. A luncheon at Chevy Point honors Maj. Gen. Louis Woods. Port development bids of 2,000,000 await approval by the Council of State.
MENTIONED IN THIS ARTICLE
Raleigh
Scott
Morehead City
State Ports Authority
Atlantic and North Carolina Railroad
Carolina
Kinston
Council of State
A & NC
Chevy Point
Louis Woods
Marine Corps Air Station
Ports Authority
Morehead
A & NC Company
Truman Says U N Progress With MacArthur Optimistic
President Truman claimed complete agreement with General MacArthur on Korea progress and optimistic military leaders guide UN forces. In New York and Lake Success briefings he rejected meeting Stalin but left open future high level talks if Korea settlement changes.
MENTIONED IN THIS ARTICLE
Washington
Truman
Soviet Russia
United Nations Security Council
Warren Austin
U. S
Council
Stalin
United Nations
Douglas MacArthur
Unit Nations
Korea
Far East
MacArthur
Tokyo
Quakers Back U S Korea Policy At Guilford Meeting
At Guilford College August 10, the 253rd North Carolina yearly meeting of Friends heard Raymond Wilson of the Friends National Committee on Legislation say most Quakers support the U S decision on Korea. He called the choice tragic but preferable to UN action or inaction, and urged peace, economic betterment, and human respect while opposing Communist expansion.
MENTIONED IN THIS ARTICLE
Guilford College
United States
Raymond Wilson
Friends National Committee of Legislation
North Carolina
United Nations
Wilson
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Oes
Drala
Kochang
Umyong
Joso
Sanchong
Kaep Odong
Korfans
Syuchon
OPA
Leon Keyserling
President's Council of Economic Advisers
Keyserling
THE
Associated Press
RFC Directorate
Edgar Bain
Golden State
Russia
Yugoslavia
New York
Gladwyn Jebb
Britain
Arne Sunde
Norway
Malik
Peace Board of Five Years Meeting
American Friends Service Committee
Friends National Legislation Committee
Peace Board of Five Years
Samuel Levering
Ararat
38Th Parallel
Levering
Lev