Pauley Testifies He Is $100000 Worse Off After Liquidating Holdings
Edwin W. Pauley told the Senate Appropriations Committee he sold about 90 percent of his commodity holdings after becoming special assistant to the secretary of the army. He said he is more than $100,000 worse off and has not participated in army purchases. He described his actions as hedging against inflation. In Rome, police used force to contain a general strike as Premier de Gasperi’s government faced mounting protests in Piazza Colonna. Two AP photographers were struck by clubs but unharmed.
MENTIONED IN THIS ARTICLE
Washington
Edwin W. Pauley
Secretary of the Army
Senate Appropriations ‘Committee
Pauley
Congress
Harold Ickes
Bridges
R-Nh
Royall
Army
Taft
R-Orio
Senate
Department of the Army
Rome
Alcide de Gasperi
Piazza Colonna
Foreign Ministry
Associated Press
United States
Walter Green
Frank Noel
Chamber of Labor
Haifa
Hebron
Palme
Holy Land
Middle East
Ernest Bevin
House of Commons
Iain
Ahmad Sharafi
Syria
Cairo
Creot
Lestine
Palestine
Tireh
Ext Stern
Irgun Zvai le
Ramile
Southern Conference rejects post-season bowl ban proposal
Roanoke Virginia December 12 conference officials held a quiet session at the conventions. President William Couper of Virginia Military Institute asked for a motion to ban post season games but there was no discussion and the rule to continue stood without debate.
MENTIONED IN THIS ARTICLE
Roanoke
Southern Conerence
Hes
Weather summary for the Carolinas and across cities
Cloudy conditions prevail across the Carolinas with lingering light drizzle along the coast through Saturday. Forecast covers 7:30 p m Friday to 7:50 p m Saturday December 17 1947 with cool temperatures and light to moderate rainfall in places. Rain likely Sunday into Monday with temperatures rising and falling by region including Charleston Charlotte Columbia Raleigh and Spartanburg with records and hourly readings listed.
MENTIONED IN THIS ARTICLE
Carolina
Carolinas
Baturday
Cold Weather Grips Much of United States
The Weather Bureau reports pervasive cold across the nation with readings near zero in parts of the Midwest and subfreezing in Central Texas. Wisconsinites record lows including 5 below and minus zero in northern and central areas as light rain falls in the Great Lakes and Ohio Valley regions. Yesterday's highs reached 79 in Tampa and 78 in Miami.
MENTIONED IN THIS ARTICLE
Associated Press
Midwest
Texas
Florida
California
Federal Weather Bureau
Chicago
Wausau
Wis
Wisconsin
Minnesota
Great Lakes
Ohio Valley
New England
Atlantic States
Tampa
Fla
Miami
Foreign Aid Talks Reach Critical Dicker Stage
Washington dispatch reports the stop gap foreign aid program moving into dicker stage with possible senate approval for China if Europe aid moves. Five members from each chamber begin work. leaders aim for a Monday compromise. The aid targets fuel and food for France Italy and Austria this winter with Europe totaling about 597 million while the House trims to 590 million with 60 million for China. Senator Smith cautions resistance to cutting China but notes Senate data favors full Europe aid.
MENTIONED IN THIS ARTICLE
Washington
Senate
China
House
Europe
France
Italy
Austria
Truman
H. Alexander Smith
RNJ
Foreign Relations Committee
Marshall
Smith
High Point Gets Extra Seats on Southerner Night Train
Frank Sizemore announced he withdrew the protest to restore two additional seats for High Point on car S-5 of the Southerner, bringing High Point space to four seats. The arrangement, effective Jan 6, shifts Train 40 through High Point at 2 30 a m from Dec 19, enabling overnight service from Atlanta to Washington with better southern-point connections.
MENTIONED IN THIS ARTICLE
Frank Sizemore
North Carolina State Utilities Commission
Commission
The
Southern Railway
Sizemore
High Point
Southerner
New York
Atlanta
Washington
D.C
Youth winter conference set at Winston-Salem YWCA
The North Carolina State Grange youth hold its annual winter conference at the Winston Salem YWCA December 26 to 28. Forsyth County grange hosts with the theme Individual Responsibility.
MENTIONED IN THIS ARTICLE
Winston-Salem
North Carolina State Grange
Winston- Salem Ywca
Forsyth County Grange
Polio Soprano Sings Standing Uphold with Support
Chicago reports Marjorie Lawrence, crippled by infantile paralysis since 1941, singing the title role in Elektra at Orchestra Hall while standing, supported by a railing as she performed with the Chicago Symphony Orchestra.
MENTIONED IN THIS ARTICLE
Chicago
Marjorie Lawrence
Metropolitan Opera
Mexico
Dua
Orchestra Hall
Elektra
Chicago Symphony Orchestra
Rome braced as workers strike paralyzes transport system
Police in Rome guard converted trucks pressed into service amid a citywide strike. Officers in carbines and trench helmets kept routes clear while demonstrators clashed at Piazzas Argentina and Colonna. Arrests numbered around 70 as partisans massed from the north, raising fears of violence.
MENTIONED IN THIS ARTICLE
Rome
Mmove
Argentina
Ministry of Interior
Via Nomentana
Piazza
Colonna
Piazza Risorgimento
Vatican
Byrnes Elected Director of Newmont Mining
Former U.S. Secretary of State James F. Byrnes of Spartanburg South Carolina has been elected a director of Newmont Mining Corporation.
MENTIONED IN THIS ARTICLE
New York
James F. Byrnes
Spartanburg
S. C
Newmont Mining Corporation
GOP Senators Advance Anti-Inflation Plan
The Senate Republican policy committee backs a voluntary anti inflation program to cut living costs. Taft says a principles statement will be issued after checks with House Republicans and a GOP conference. Proposals align with parts of the Walcott bill while Democrats push to include Truman anti inflation ideas. Schwellenbach testifies price controls would cover essential commodities and items tied to production and foreign policy.
MENTIONED IN THIS ARTICLE
Washington
Senate
Republican Policy Committee
Taft
Ohio
House Republican Policy Group
Truman
Rayburn
Tex
Congress
Schwellenbach
United States
Democrats push for procedural debate on cost of living bill
Reporters note that with the Wolcott bill approved for voluntary cost of living action the committee action heads to the house next week. Democrats promise broad amendments as Rayburn weighs options while Truman plans administration bills to come to Congress shortly.
MENTIONED IN THIS ARTICLE
Wolcott
House
Rayburn
Mr. Truman
Congress
Women Granted Equal Insurance Rates by Mutual of New York
New York December 12 The Mutual Life Insurance Co of New York will charge identical waiver of premium rates for disability for men and women starting January 1. Previously women paid twice the amount. The change rests on past records showing equal susceptibility to disability.
MENTIONED IN THIS ARTICLE
New York
Mutual Life Insurance Co
Twenty Killed As C-47 Dives Into Hillside
MEMPHIS Tenn Dec 12 An Army C-47 plane crashed into a hillside near Memphis after takeoff killing 20 to 21 people. The craft hit a wooded area near the municipal airport scattering bodies over a quarter mile. Col Donald K Fargo of the 468th Air Forces base unit announced the toll. Names withheld awaiting relatives. Two believed to be Negroes among the dead.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Here
Ihark
Donald K. Fargo
468Th Air Forces Base
Automobiles Given Veterans Exemption From Ad Valorem Tax
Attorney General Harry Mc Mullan rules that federally supplied cars to veteran amputees are exempt from ad valorem taxation as compensation for service connected disability. Other rulings include speed limit enforcement, eligibility of newspapers for legal notices, local improvement funds, municipal taxation on street transportation, child support obligations after divorce, municipal public works via own employees, and limits on gubernatorial pardon authority.
MENTIONED IN THIS ARTICLE
Raleigh
Harry McMullan
North Carolina
Soviet Maps New Economic Program
London reports Molotov may seek deferment of Germany reparations until its economy balances. Russia wants central control of German economic agencies, while the U S favors limited decentralization. Marshall’s remarks prompted a Soviet rebuttal promising proof.
MENTIONED IN THIS ARTICLE
London
V. M. Molotov
Russia
Germany
Reich
Molotov
U. S
United States
France
Great Britain
Tomor
U.S
Marshall
Cone Merger Vote On Cone Mills Plan Today
Greensboro stockholders of Proximity Manufacturing and Revolution Cotton Mills vote on merging into Cone Mills, a $50 million venture. If approved, the merger would create a 475000 spindle 14000 loom operation across 15 plants with 5000000 shares authorized. Proximity holders exchange one old for three Cone shares. Revolution holders get about 16.71 new shares per old.
MENTIONED IN THIS ARTICLE
Greensboro
Proximity Manufacturing Company
Revolution Cotton Mills
Cone Mills Corporation
Revolution
Proximity
Big Cone Textile Group
Also Mentioned on This Page
Missouri-Kansas-Texas Railroad
New Braunfels
Capital City
Bulletin
Wea
Perature
Charleston
Charlotte
Columbia
Denver
Detroit
Kranaville
Galveston
Davidsonville
A Little Rock
Tae Angeles
Meriian Az
Mobile
MiMitchell
Orleans
Antonio
Byrnes
GOP
Tion
Board of Education
Cone
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