Senators Demand Faster Mobilization To Aid War Effort
Senators from both parties urged President Truman to accelerate home front mobilization and wage and price controls. Maybank led with a call for a mailed fist approach and action on inflation, while Humphrey and Sparkman backed tougher measures and caps. Capehart faulted the administration, and Flanders urged blaming Congress for delays.
MENTIONED IN THIS ARTICLE
Washington
Truman
Nator Maybank
D-S. C
Maybank
Senate Banking Committee
L 1St Con
Sparkman
D-Ala
Humphrey
D-Minn
South Carolina
Congress
Senator Capehart
Indiana
Capehart
Flanders
R-Vt
Bricker
Ohio
Ives
R-N. Y
Prices Higher On Stock Market
Prices rose modestly across many issues in New York trading as hedging against inflation and renewed earnings focus prompted by military orders. Leaders gaining included New York Central, Canadian Pacific, Texas Co, Pan American World Airways, Eastern Air Lines, American Tobacco, Philip Morris, U S Steel, U S Rubber, United Aircraft, Kodak, and DuPont among others.
MENTIONED IN THIS ARTICLE
New York
New York Central
Canadian Pacific
Texas Co
Pan American World Airways
Eastern Air Lines
American Tobacco
Philip Morris
American Woolen
American Dan Eastman Kodak
Kennecott Cooper
American Telephone
U. S. Steel
Republic Steel
Goodear
U. S. Rubber
Montgomery Yard
Douglas Aircraft
Philco
Tax Increase Studies To Face Both Bodies
The 82nd Congress opens with Democratic calls for unity and Republican demands for Truman policy clarity on Korea. Taft predicts focus on military and foreign policy, taxes, and draft issues as Congress charts postwar strategy amid Korean casualties and foreign policy questions.
MENTIONED IN THIS ARTICLE
Feee
82Nd Congress
Truman
Korea
Senate
House
Taft
Ohio
GOP
Congress
McFarland
Arizona
White House
W Frank Taylor Named Speaker of 1951 North Carolina House
W Frank Taylor of Wayne county won the selection as speaker of the 1951 North Carolina House venue. The 60 year old Goldsboro lawyer defeated Fred Royster in caucus to preside over the lower chamber while Senate leader Grady Rankin was chosen president pro tem. Officers for both chambers were named with Annie Cooper principal clerk in the House and Ray Byerly principal clerk in the Senate. The legislature prepared to convene at noon amid fiscal and tax concerns.
MENTIONED IN THIS ARTICLE
Raleigh
Jan
W. Frank Taylor
Wayne County
Goldsboro
Fred Royster
Henderson Tobacconist
House Democrats
Senate
R. Grady Rankin
Gaston
H. P. Taylor
House
Rep
B. C. Brock
Davie
W. N. Ireland
Yadkin
Ray Byerly
Sanford
Robert Rasberry
LaGrange
Archie Taylor
Wake Forest College
Annie Cooper
Ralph Monger
Reading
Fred Pass
Clay County
Truman Signs 3 Billion Dollar Profits Tax Bill
President Truman signed a 3.3 billion dollar tax bill imposing a 77 percent excess profits levy on corporations and lifting annual collections beyond 45 billion dollars. He urged further tax increases and requested ongoing review of the excess profits tax to adjust provisions as needed. The measure backs defense spending and seeks pay as you go financing amid debates on equity and exemptions.
MENTIONED IN THIS ARTICLE
Truman
Washington
Congress
Treasury
America
Secretary of the Treasury
Snyder
Tito Communists Condemn Chinese In Korea Crisis
Yugoslav Communist party in Borba condemns Red China for ignoring the UN cease fire appeal and for Chinese troops crossing the 38th parallel. It also criticizes North Korea and MacArthur's advance toward Manchuria, citing Soviet arms support.
MENTIONED IN THIS ARTICLE
London
Yugoslavia
Communist Party Today
Red China
United Nations
Korea
Douglas MacArthur
38Th Parallel
Borba
Yugoslav Communist Party
Peking'sre
U.S
Du Pont Fellows Named for UNC and Duke
Du Pont announces postgraduate chemistry fellowships at Duke University and the University of North Carolina as part of a broader grant program totaling 390400 dollars. The fellowships, begun in 1918, aim to sustain graduate research and faculty and provide stipends of 1400 dollars for singles or 2100 dollars for married recipients plus 1200 dollars to the hosting university.
MENTIONED IN THIS ARTICLE
Wilmington
Del
du Pont de Nemours and Co
Duke University
University of North Carolina
du Pont
Flood toll rises in northwest Morocco with dozens missing
Officials said 21 persons died and 60 were missing after floods swept northwest Morocco. A cloudburst hit Casablanca causing traffic disruption and flooding many homes as heavy rains continued.
MENTIONED IN THIS ARTICLE
Rabat
Franch
Morocco
Casablanca
West Not Slowing Plans For Rearming Germans
Bonn reports that talks on German armed forces in the Atlantic pact continue despite a Russian note urging demilitarization as top priority. Three committees will draft German unit roles and armament, occupation controls, and economic contributions under Eisenhower command, with final approval by the Allied high commission and U.S., French, and British governments.
MENTIONED IN THIS ARTICLE
Bonn
Germany
Konrad Adenauer
Dwight D. Eisenhower
Allied High Commission
United States
France
Britain
Seoul Still in UN Hands as Reds Threaten City
Soviet Chinese forces push toward Seoul as UN troops hold the capital amid bombardment. United Nations cease fire talks fail. U N Assembly returns to debate Korea crisis with US seeking stronger condemnation of the Chinese offensive. Casualties rise on both sides with multiple divisions involved.
MENTIONED IN THIS ARTICLE
Tokyo
Seoul
United Nations
Eighth Army
Syngman Rhee
A. P. Corres
Stan Swinton
Swinton
Jim Pringle
Japan
Kimpo
United States
Korea
U.S
U. S
Far East Air Forces
A. P
William J. Waugh
Waugh
Uijongbu
Reds
U.S. 24Th Sion
First Cavalry
25Th
Old City
Prayer For Peace Offered By Truman
President Truman joined leaders from all three government branches in a National Presbyterian church service. The 40 minute ceremony included Communion and prayers for world peace and guidance for the new Congress alongside notable clergy and senators.
MENTIONED IN THIS ARTICLE
Washington
Truman
National Presbyterian Church
Congress
Hugh S. Evans
General Assembly of the
Presbyterian Church In
United States of America
Benjamin R. Lacy
Crackles Women Control Wealth and Producers Claim
Quote from MLP stating that women hold 86 percent of wealth and control 100 percent of its producers. The remark frames gender roles in economic power and production.
MENTIONED IN THIS ARTICLE
M.L.P
Information About Those Odd Folk the Russians
A Soviet mobilization portrait from the Army Information Digest details Russia’s all embracing military system. It notes conscription for all males 19 plus recalls for emergency duty, long active service, and reservist status with yearly refreshers, plus heavy use of prison labor in wartime and broad ethnic assignment for combat roles.
MENTIONED IN THIS ARTICLE
Elton C
FAYAP
Washington
Russia
Soviet Union
Army Information Digest
Caucasua
Tadzhikistan
Central Asian
Pripet Marshes
Ussr
Truman Creates Defense Production Authority
President Truman orders a new Defense Production Administration to unite emergency production agencies. William H. Harrison will head it and oversee industrial output transport fuel minerals and power reporting to Charles E. Wilson. A defense mobilization board is created with Wilson as chair and cabinet members as advisors.
MENTIONED IN THIS ARTICLE
Washington
Truman
Defense Production Administration
DPA
William H. Harrison
National Production Authority
Harrison
Charles E. Wilson
Defense Mobilization
W. Stuart Symington
National Security Resources Board
Secretary of Agriculture
Brannan
Defense Mobilization Board
Wilson
Secretary of Defense
Marshall
the Treasury
Snyder
Interior
Commerce
Sawyer
Labor
Tobin
Agriculture
Reconstruction Tion
Finance Corpora
Federal Reserve System
Also Mentioned on This Page
Wee
Yuge
Sskaesong
Korangpo
Karhyon
Anyane
Mansedan
Pochon
Chongpyong
Masogu
Kyongan
Kapyong
Hwachon
Chungpyong
Yangpyong
Byerly
General Assembly
Tito
James J. Metcalfe
Field Enterprises, Inc
UNC
Duke Get du Pont
West
South Korean
UN Assembly
Red Army
United States National War College
Voroshilov Higher Military Academy