Government freezes parts of consumer credit rules
The Federal Reserve Board posted new rules limiting easy pay loans on appliances and other goods from 50 to 5000 dollars, with 20 percent down and 15 to 18 month payment plans. The measures take effect September 20 and exclude single payments and housing loans. Public reaction split as inflation fears rise and low income buyers may be affected.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Washington
Federal Reserve Board
Truman
New York Consumers Council
New York
Forrestal To Hold Joint Chiefs Conference At Newport
Secretary of Defense Forrestal will convene a conference with the Joint Chiefs of Staff at the Naval War College in Newport Rhode Island today and Sunday following the Key West pattern. The session aims for extended policy talks away from Washington pressures and will include a report on talks with Canadian officials in Ottawa last weekend.
MENTIONED IN THIS ARTICLE
Washington
Defense Forrestal
Joint Chiefs of Staff
Naval War College
Newport
R. I
Defense Department
Key West
Forrestal
Defense
Brooke Claxton
Ottawa
Weather summary for North Carolina and national figures
Partly cloudy with variable winds and warmth across North Carolina this afternoon and tonight with increasing cloudiness in the east. Temperatures vary by location. city records show high 90s, lows in the 60s to 70s, and scattered rainfall amounts across multiple stations including Raleigh and Little Rock, with Miami and Los Angeles recording notable figures.
MENTIONED IN THIS ARTICLE
North Carolina
Alotte
Weath Bureau
Little Rock
Los Angeles
Memphis
Meridian
Miami ST
Mini St. P SB
Mobile
Mt.Mitchell
N. Orleans
New York
Raleigh
Antonio
Freiseo
Beenesburg
Washington
UN Warns Arabs and Jews to Halt Violations of Palestine Truce
The United Nations Security Council urged both sides in Palestine to punish offenders and avoid reprisals amid fears Jerusalem is spiraling out of control. Adopted by the four-nation resolution, abstentions included Soviet Ukraine and Syria, with no outright votes against.
MENTIONED IN THIS ARTICLE
Lake Success
United Nations
Palestine
Folke Bernadotte
Jerusalem
Security Council
Paris
United States
Britain
France
Canada
Russia
Ukraine
Syria
Colombia
Jacob A. Malik
General Assembly
End of World War II Observance Set in North Carolina
Governor Cherry proclaims September 2 as the third anniversary of VJ Day and urges a 30 second moment of silence at 8 59 a m to honor the cost of victory and those who achieved it across North Carolina.
MENTIONED IN THIS ARTICLE
Raleigh
Cherry
Spy Leader Sought By Committee
Washington August 20 The House Un American Activities Committee seeks missing witness J Peters linked to Peters alleged leadership of the Communist underground in the United States Whittaker Chambers says Peters introduced him to Alger Hiss and Nixon presses for Peters production by the immigration service Miller says Peters may be found and notes no public action on deportation.
MENTIONED IN THIS ARTICLE
Washington
Rep
Nixon
Calif
Immigration Service
J. Peters
Congressional
House Un-American Activities Committee
Peters
United States
Immigration Bureau
Chambers
Alger Hiss
State Department
Creech Case Heads to Jury on Death Penalty Request
Smithfield reports the murder trial of James R. Creech Jr. enters the jury phase as prosecutors seek the death penalty for the estranged husband of Mattie Woodall Creech. The defense rested after presenting evidence of drinking and temporary insanity. Creech’s father testified his son admitted killing Mattie.
MENTIONED IN THIS ARTICLE
Smithfield
James R. Creech, Jr
Creech
Mattie Woodall Creech
L. L. Levison
Jack Hooks
James R. Creech
Sandy Chapel
Middle Income Group to Get More Homes
Washington reports a new housing act aims at affordable homes for sale and rent for the average worker. It emphasizes cutting basic costs through mass production and encouraging rental housing. The plan includes more financing for small buyers and safeguards to keep prices within reach, with details to follow on financing.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Washington
Guilford Resident Killed In Motorcycle Crash
John Ransom O'Brien 20 of route 6 Greensboro died in a Greensboro hospital at 2 15 a m from head injuries after a motorcycle crash on Huffine Mill road five miles from Greensboro. The accident occurred at 7 30 p m on a sharp curve and he was thrown to the roadside. It was the 13th traffic fatality of the year and the first in August in rural Guilford county.
MENTIONED IN THIS ARTICLE
Greensboro
John Ransom O'Brien
Route 6
Guilford County
Huffine Mill
O'Brien
Red Chasing Futile China Faces Economic Overhaul
Dr Chen Li-Fu, vice president of China's legislative yuan, argues economic reform is key to stability. He says the system favors big business over farmers and lacks long-term credit for agriculture, hindering political and military success. He warns persistent civil war efforts ignore the fundamental economic fixes.
MENTIONED IN THIS ARTICLE
Dewitt MacKenzie
Forei
China
Chen Li-Fu
Chinese Legislative Yuan
Chen
Reds
Berlin border raid by Russian and German police sparks tension
Russian military police and German police in American sector conduct a black market raid in Berlin and seize five German officers. The action violates US jurisdiction and follows a day of nearby operations near Potsdamer Platz where hundreds were arrested and clashes injured several civilians.
MENTIONED IN THIS ARTICLE
Berlin
U. S
M.P
Potsdamerplatz
Potsdamer Platz
Rane Re
Greeks Open New Attack In Grammos Mountains
Greek army forces renew offensive against guerrilla strongholds in the Grammos mountains. The operation targets a 100 square mile area under Communist Markos Vafiades. Artillery and bomber planes pounded positions as Tabouri Kapsalla Theodhorai and Skertsa heights fell by noon. Large munitions were captured and reports said 500 children abducted by retreating guerrillas were left behind.
MENTIONED IN THIS ARTICLE
Athens
Grammos
Markos Vafiades
Vasiades
Tabouri, Kapsalla
Theodhorai Heights
Skertsa Peak
Skertsa
Witness testifies Howell threatened young girl's life
In Kings Mountain Mrs Gladys Burton sister of Betty Smith testified to a six man magistrate jury that Rob ert Howell threatened to kill her sister. She overheard a conversation the night of the slaying in which Howell vowed to blow somebody's brains out possibly hers. Coroner Ollie Harris presided as hearing shifted from inquest to preliminary hearing.
MENTIONED IN THIS ARTICLE
Kings Mountain
Gladys Burton
Betty Smith
Here
Robert Howell
County Recorders Court
Court Hearing Arguments On Dixiecrats Petition
In Raleigh on August 20 attorney general Harry McMullan urged that the state board of elections has authority to issue rules enforcing election laws. Judge W C Harris heard the case as States Rights Democrats sought to place their candidates on the general election ballot. Raymond Maxwell testified that petitions from 12 514 registered voters were received after review by county boards. The board originally received petitions with over 18 000 names but declined them for not being checked. McMullan argued the board must regulate party formation for all groups, and that voters who signed petitions should not have voted in primaries this year to avoid dual nominations for the same election.
MENTIONED IN THIS ARTICLE
Raleigh
Harry McMullan
State Board of Elections
W. C. Harris
Wake Superior Court
Sates Rights Democrats
A Board of Elections
Raymond Maxwell
Election Board
McMullan
Elections Board
States Rights Democrats
State Reports Three Polio Deaths and 25 New Cases
RALEIGH Aug 20 Twenty five new polio cases and three additional deaths were reported to the state board of health. Deaths include two Buncombe residents and one Person county resident, lifting the annual toll to 82 and the year’s cases to 1596. The attack rate stands at 42.9 per 100000 with a 5.1 percent death rate.
MENTIONED IN THIS ARTICLE
Raleigh
State Board of Health
Buncombe County
C. P. Stevick
Cleveland
Cumberland
Burke
Catawba
Yadkin
Avery, Craven
Durham
Iredell
Guilford
Mecklenburg Pork
Orange
Sampson
Single Men To Receive Draft Notices
President Truman orders selective service offices to mail classification questionnaires to single men aged 19 to 25 by September 7 as part of the peacetime draft act. Questionnaires go to single non veterans first, oldest registrants by birth date, with first inductions planned for about 15,000 men next week.
MENTIONED IN THIS ARTICLE
Washington
Truman
Selective Service Boards
Army
Cherry Vacation Begins for Governor and Mrs Cherry
Governor and Mrs. Cherry departed Raleigh for a vacation visiting Charlotte and Gastonia, then heading to the mountains with plans to return to peas later next week.
MENTIONED IN THIS ARTICLE
Raleigh
Cherry
Charlotte
Gastonia
Dewey Faces Taft Hartley Reform Question in Campaign
GOP nominee Thomas E. Dewey weighs possible changes to the Taft Hartley Act as Republicans seek to appeal to labor while avoiding alienating other citizens. He has suggested corrections may come, signaling an active push next month as the party pledges ongoing study to improve labor management laws.
MENTIONED IN THIS ARTICLE
Washington
Thomas E. Dewey
Dewey
Lomakin Credentials Revoked by U S in Rift with Soviet
The United States revokes the credentials of Soviet Consul General Jacob Lomakin in New York over conduct linked to the Kosenkina refugee teacher case. Washington demands Lomakin leave the United States while denying Soviet charges of officials’ wrongdoing. The note, signed by department officials, also rejects Moscow’s allegations and seeks copies of two letters from Mrs. Kosenkina.
MENTIONED IN THIS ARTICLE
John M. Hightower
Washington
United States
New York
Kosenkina
Russia
Oksana Kosenkina
Mikhail Lamarine
Quile
Charles G. Ross
Truman
State Department
Alexander S. Panyushkin
Molotov
Lomakin
U. S
Jacob M. Lomakin
Marshall
Robert Lovett
Department of State
Lovett
Somakin
Airline Fares to Rise Ten Percent Across the Board
The Civil Aeronautics Board and major U S airlines agreed on a ten percent fare increase, pushing average rates from about 5.5 cents per mile to just over six. The change, possibly in September or October, comes amid a financial crisis and ends or reduces free meal services on flights.
MENTIONED IN THIS ARTICLE
Washington
Civil Aeronautics Board
CAB
Also Mentioned on This Page
Tito
Romania
Arso Jovanovic
Jovanovic
International
Marie Provaznikova
London
Chechoslovakia
Prague
Sweden
Stockholm
Dagens Nyheter
Rosenkina
Lydia Makarova
Miss Makarova
Leningrad
House Group
Watson Miller
Forray
Salt Lake City
Moscow
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