Consumer Income Hits New October Peak as Purchases Lag
U S commerce department reports October consumer income at a record annual rate of 215.6 billion dollars, up 0.9 billion from prior records. Employment data for November show earnings remaining high, with wage earners and owners seeing gains while veterans and unemployment benefits drop.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Business Economics
Pork Chops or Else With Nation's Housewives
Chicago reports pork prices rising as beef and lamb shortages push up costs. Drought in the southwest and corn price supports lift feed costs, while cattle and sheep marketed since November 1 fall sharply, reducing supply and quality. Prices trend downward despite smaller stocks.
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Nation’s Housewives
Chicago
Southwest
Midwest
Thurmond Dewey And Truman Join In Gridiron Fun
At the Gridiron Club dinner in Washington the entertainment targeted President Truman Governor Dewey of New York and guest Gev Strom Thurmond of South Carolina. The club lampooned newspaper prediction mishaps and staged song and skits with humor and satire.
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Thurmond
Dewey
Truman
Washington
Gridiron Club
New York
Statler Hotel
Gev. J. Strom Thurmond
South Carolina
States Rights Democrats
Ile
Newfoundland and Canada Sign Historic Province Pact
Ottawa report states Newfoundland will join Canada as the tenth province with union effective March 41 1948 after approvals. Canada commits cash grants totaling 42 750 000 plus services for family allowances pensions veterans and unemployment. assumes Newfoundland 63 000 000 debt and gains taxing rights and national assets including railroads hotels harbors and Gander airport.
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Ottawa
Canada
Newfoundland
Britain
Gibraltar
St. Lawrence River
Senate
Louis St. Laurenting
A. J.alsh
Newfundland
Union of
Dominion
Gander
Romania US Diplomatic Expulsion Sparks Cold War Swap
Romania ejects two American and two British diplomats amid claims of spies and saboteurs. the United States retaliates by expelling two Romanian envoys from Washington. Officials deny charges and label actions as routine. Vienna and Bucharest reports frame the dispute as a measured diplomatic exchange in a tense climate.
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Washington
Romania
United States
U. S
Britain
London
Bucharest
State Department
Rutdoph E. Schoenfeld
Anna Pauker
Schoenfeld
Michael McDermotty
Pauker
McDermott
Reds Pierce Hwai River Defenses Near Nanking
Nanking dispatch reports two Communist columns about 30,000 men crossed the Hwai river defenses 40 miles east of Pengpu and 90 miles west of Nanking. Government reinforcements arrived at Mingkuang as the Sixth army group races to liberate trapped remnants of the 12th army group about 145 miles northwest. The top officer predicts liberation in about three days, though a correspondent says the line remains 25 miles from a junction.
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Nanking
Hwai River
Mingkuang
Pengpu
Yanktze River
Sixth Army Group
12Th Army
Hwai
Harold K. Milks
The
Sixth
Duke Confers Degree On Alfred Sloan
Alfred P. Sloan chairman of General Motors received a Doctor of Science degree at Duke University during founders day ceremonies in Durham. Sloan urged industry to fund broad university research, saying pure inquiry belongs at the university level and big companies should lead in support. Governor R Gregg Cherry attended. Duke announced three new honorary council members: Alexander H Sands Jr Clyde A Dillon and Frank P Sherrill.
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Durham
Alfred P. Sloan
General Motors Corporation
Duke University
Sloan
A. Hollis Edens
Duke
Edens
R. Gregg Cherry
Duke University National Council
Alexander H. Sands, Jr
Duke Endowment
Clyde A. Dillon
Dillon Supply Co
Raleigh
Frank P. Sherrill
Charlotte
Johnson Retires From Federal Trade Commission
Otis B. Johnson will retire as secretary of the Federal Trade Commission on December 31 after a 44 year government career. D. C. Daniel of Arlington, Virginia, and formerly of Paris Tennessee, will succeed him. Daniel joined the commission after serving as secretary to Rep. Herron Pearson and served on the trial staff for ten years.
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Washington
Otis B. Johnson
Federal Trade Commission
D. C. Daniel
Arlington
Paris, Tenn
Johnson
Daniel
Herron Pearson
D-Tenn
Commission
Paris
Milligan College
Johnson City
Tenn
Cumberland University
Murray State Teachers’ College
Murray, Ky
Naval
Palestine Conciliation Plan Wins United Nations Assembly Approval
The United Nations Assembly approved a three nation Palestine conciliation commission with 385 votes to 15 and eight abstentions. The plan sponsored by the United States and Britain aims to bring permanent peace to the Holy Land and was celebrated as the crowd in Paris applauded. Israel signaled readiness for direct negotiations with Arab governments, while Lebanon Trans-Jordan and Egypt accepted armistice talks with Israel conditions.
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Paris
United Nations Assembly
Palestine Conciliation Commission
Holy Land
United States
Britains
Palais de Chanllot
Assembly
Herbert V. Evatt
Australia
Evatt
Israel
Palestine
Lebanon
Ralph Bunche
Security Council
Trans-Jordan
Egypt
Negev
France
Turkey
Conciliation Commission
Britain
China
Britain Plays Mock Atom War In Big Naval Exercise
London reports Britain's navy and air force conducted a major drill to probe if enemy fleets could approach English shores. A simulated atom bomb using bright flares was dropped near Plymouth as weather aided the operations and fighters tried to locate ships amid overcast skies.
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London
Britain
United States
Europe
Air Ministry
Admiralty
Britain Loses Fight for New Middle East Base at U.N. Session
Paris dispatch reports Britain failed to secure U.N. General Assembly approval for a forward Mediterranean base in Cirenaica Libia. London plans to push the project again at the next session in New York. U.S. support cited amid Italy Libya Eritrea Somalia issues and regional tensions.
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Paris
Britain
U.N. Assembly
Middle East
General Assembly
New York
Cirenaica
Italy
Libia
British War and Foreign Office
Mediterranean
London
Libya
Eritrea
Somalia
U.N
U. S
Costa Rica Faces Invasion Report From Nicaragua
Costa Rica says rebels led by former president Calderon Guardia invaded from Nicaragua after disbanding the army. The government cites moves to mobilize volunteers and calls for aid under the Rio de Janeiro defense pact as clashes reach De La Cruz Guanacaste and Liberia near the frontier. Costa Rican broadcasts quote Jose Sigueres and Mario Esquivel amid emergency cabinet sessions.
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San Jose
Costa Rica
Calderon Guardia
Nicaragua
Guatemala
Jose Sigueres
Mario Esquivel
Washington
Rio de Janeiro
Welles Says Only 2 Are Dangerous Documents Revealed
Secret U S government papers hidden for a decade were disclosed by the House Committee on Un American Activities. The 12 documents from confidential State Department files include microfilm material found on Whittaker Chambers’s farm. The grand jury will review the microfilms as diplomatic officials say the papers could have aided foreign powers in 1938.
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Washington
U. S
Home Committee On un-American
State Department
Whittaker Chambers
New York Federal Grand Jury
Committee
Grand Jury
Hitler
Europe
Japan
Britain
Poland
U.S
Austria
Chiang Kai-Shek
Soviets Issue Second Warning Over Berlin Airlift Corridors
Berlin dispatch reports the Soviet Union issued a second warning that Allied airlift planes marked improperly or flying in disorderly fashion over the Soviet zone may be forced down. Gen Lukjantschenko informed American Chief of Staff Brig. Gen. Gailey of the warning, amid weather and radio issues affecting corridor adherence.
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Berlin
G. S. Lukjantschenko
Germany
Charles K. Gailey
Lukjantschenko
U.S
British Air Command
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