Congress Eyes Deep Cuts in Truman Budget as Republicans Call It Fantastic
Washington Republicans dub President Truman's proposed budget fantastic and say a $10 billion cut is feasible while Democrats resist tax hikes. Leaders Taber Bridges Reed state the budget can be slashed and taxes cut, with Reed promising balance and a 5.5 percent personal income tax cut. Cannon calls the plan realistic noting three fourths funds go to national security.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Mr. Truman
Daniel A. Reed
Taxwriting House
Ways and Means
Taber
Reed
Clarence Cannon
D-Mo
House Appropriations Committee
Submerged Wreckage Probed After B 50 Collision
In Savannah, authorities renewed a hunt for six missing crewmen after two B 50 bombers collided during a routine training flight. One plane crashed in a coastal swamp killing at least three airmen. the other returned to Hunter AFB with a damaged tail. Remains were recovered but not identified. a blimp and helicopter scouted the area as searchers waded the flooded site.
MENTIONED IN THIS ARTICLE
Savannah
Air Force
Hunter Air Force Base
Tom Meridith
Hunter Afb
Meridith
Bernard G. Lane
Birmingham
Ala
Carl D. Blankenship
Madisonville
Meredith
Chris Brady
Savannah Morning News
Civil Aeronautics Administration
Travis Field
T. B. Byrd
Herb River
Bona Bella
$50 Million School Bond Bill Heads to Legislature
Legislation to provide 50 million dollars for county school construction is proposed with 25 million from the general fund surplus and 25 million from state bond sales. A companion bill would raise minimum retirement benefits for teachers and state workers, to 50 dollars monthly for 20 years of service, rising to 60 for 30 years.
MENTIONED IN THIS ARTICLE
Raleigh
General Assembly
T. J. Collier
House
John W. Umstead
Orange
Umstead
Andrew del Vescovo
Burlington
Amvers
Stocks Slip in Irregular Trading Amid Lower Volume
The market closed mixed with industrial shares leading the decline while railroad stocks edged up a few cents. First hour volume reached 300000 shares, below yesterday’s 350000, and New York Central saw a large block trade at 25.25. Southern firms and Santa Fe posted small gains, Texas GulfProducing rose 1 1/8 to 39 1/8, and Bethlehem Steel and U S Steel held steady or unchanged.
MENTIONED IN THIS ARTICLE
New York Central
Southern Pacific
Southern Railway
Santa Fe
Texas Gulf
Bethlehem Steel
I. S. Steel
Lovett Seeks Tougher Spy Laws and Unified Command Changes
Washington Congressmen backed Secretary Lovett’s call for stiffer anti espionage laws but resisted a broad overhaul of military command. He urged stripping Joint Chiefs of administrative duties to focus on strategy under the defense secretary while strengthening civilian control. lawmakers expect hearings but doubt rapid passage.
MENTIONED IN THIS ARTICLE
Washington
Robert A. Lovett
Congressional
Red Hunters
Lovett
Bult
Harold H. Velde
R-Il
House Un-American Activities Committee
Defense Secretary
Truman
Defense Department
House Armed Services Committee
Joint Chiefs of Staff
Armed Services Committees
Senate
House Armed Services Committees
Capitol Hill
Congress
North Carolina Farm Bureau to hold four day convention
Charlotte reports the State Farm Bureau will hold its annual four day convention February 14 with Governor Umstead among principal speakers. About 1,500 delegates are expected, per executive vice president R Flake Shaw. In Raleigh the House elected Carl Goerch as permanent reading clerk for 1953, replacing Ralph Monger Jr who declined another term. Geordh beat out D T Perry and William Fleming after auditions.
MENTIONED IN THIS ARTICLE
Charlotte
North Carolina Farm Bureau
William B. Umstead
R. Flake Shaw
Raleigh
House Today
Carl Goerch
Ralph Monger, Jr
Sanford
Geordh
D. T. Perry
Fayetteville
William Fleming
Raleigh libel suit settled for five hundred dollars
A $100,000 libel suit filed by Robert W. Redwine against Raleigh State Senator James H. Pou Bailey and 18 defendants including weekly papers was settled out of court for $500. Thompson Greenwood of the North Carolina Merchants Association said a retraction and apology were made.
MENTIONED IN THIS ARTICLE
Raleigh
Thompson Greenwood
The
North Carolina Merchants Association
Robert W. Redwine
Greenwood
James H. Pou Bailey
Redwine
Greenwood and Bailey
Rail conference set on rate problem at new terminal
Wilmington railroad men and the State Ports Authority will meet January 22 to discuss switching rate issues. Col. George W. Gillette asserts high rates discriminate against the $5 million terminal. An SPA spokesman notes flat rate proposals by Atlantic Coast Line would set $22.66 per car within the area.
MENTIONED IN THIS ARTICLE
Wilmington
State Ports Authority
George W. Gillette
SPA
Atlantic Coast Line Railroad
Intensified search for transport missing with 40 aboard
More than a score of military and civilian planes combed the Wyoming Idaho border mountains for a C-46 missing with 40 men since early Wednesday. Reports of wreckage near Cokeville were not confirmed as searchers scoured rugged terrain and Bear Lake area amid cold nights and intermittent snow storms.
MENTIONED IN THIS ARTICLE
Montpelier
Ida
Wyoming- Idaho
Wyoming
Army
Hill Air Force Base
Utah
Idaho
Pocatello
Cokeville
Wyo
Union Pacific
Air Force
Bud Lind
Bear Lake
Scott C. Johnson
Truman seeks record 1954 atomic budget for weapons and power
President Truman urged a $2.7 billion fiscal 1954 atomic program to expand weapons, accelerate atom engine development for ships and planes, and speed civilian atomic power. The plan includes naval and submarine projects and a first atom-powered submarine by 1954 with aircraft carrier power by 1957.
MENTIONED IN THIS ARTICLE
Truman
Atomic Energy Commission
AEC
Savannah River
Navy
Truman Budget At a Glance
Washington report on President Truman's fiscal 1954 budget outlines estimated spending of 78.587 billion dollars with 46.296 billion for military services and receipts at 68.665 billion, yielding a 9.922 billion dollar deficit. It argues taxes should stay high or rise to fund pay as you go rearmament and a balanced budget and that automatic tax cuts in 1954 should not take effect.
MENTIONED IN THIS ARTICLE
Washington
Truman
Republican Congress
GOP
Eisenhower
Robert A. Taft
Congress
Mr. Truman
Truman Budget Requests 2.1 Million for Blue Ridge Parkway
President Truman's 12 month budget proposal seeks 2,132,000 for the Blue Ridge Parkway in Virginia and North Carolina, far above the 670,000 current appropriation. The plan would leave about 42.75 million in work and total project cost at 82.08 million with unclear state allocation.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Blue Ridge Parkway
Virginia
North Carolina
Scenic Mountain Top Parkway
Park Service
Parkway
Colonial National Monument
Yorktown-Jamestown, Va
Mt. Vernon
Great Falls
Potomac
Wind and Rain Across Carolinas Prompt Storms and Damage
The Associated Press reports thunderstorms with damaging winds and heavy rain across the Carolinas. A tornado hit Effingham in Florence County causing up to 200000 dollars in damage. Colder weather expected tomorrow as rain subsides. Charleston reached 72 degrees while Mt. Mitchell fell to 33.
MENTIONED IN THIS ARTICLE
Associated Press
Carolinas
South Carolina
Florence County
Effingham
Weather Bureau
Charleston
Spartanburg
Mt. Mitchell
States
Coronation Lamp Posts to Be Greased
Sir Hugh Casson said lamp posts along the procession route will be greased to prevent people from climbing them during the coronation of Queen Elizabeth II.
MENTIONED IN THIS ARTICLE
London
Hugh Casson
Elizabeth II
Tobacco Sales Report From Raleigh Auction
A total of 236032 pounds of flue cured tobacco sold on the Old Belt for 34.76 per hundred. Danville's market completed Wednesday sales while Reidsville and Winston Salem remained open. The average fell by 1.24 from Tuesday.
MENTIONED IN THIS ARTICLE
Raleigh
Old Belt
Danville
Reidsville
Winston-Salem
Truman Seeks 1954 Budget With High Taxes Stated
President Truman sent Congress a 1954 budget of 78.6 billion dollars centered on national security. He urged Republicans to maintain or raise taxes to fund military aid, atomic programs, and Europe enlistments. He warned that a full budget would require large deficits if tax cuts proceed, insisting on a balanced approach.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Europe
Truman seeks record 1954 budget for arms build up
President Truman sent Congress a 46.3 billion dollar military budget aiming to peak in fiscal 1954 amid Cold War tensions. The plan boosts Air Force to 143 wings, maintains Army and Navy, orders a third super carrier, and funds missiles, planes, and ships while warning of higher taxes if needed.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Joint Chiefs of Staff
America
Free World
Russia
Air Force
Army
Navy
Marine Corps
Defense Department
Weather outlook with cool night and mild day
Tonight's low expected near 35 degrees with a high around 50 tomorrow. Today's high was 45 with last night's low at 35. Sunset is 5 23 p m and sunrise tomorrow at 7 31 a m.
Also Mentioned on This Page
Beco E Fae
John Taber
Styles Bridges
Senate Appropriations Committee
Bridges
Dwight Eise
U. S
George Washington
Ace An
Ike
March OF Dimes
Dwight D. Eisenhower
New York
Pamela O'Neil
Patricia
N. C
Bill
Capitol
Legislative Committee of the Amvets
Durham
Tom Sawyer
Sepiatatee "4 Ont
State
Amvets
Sawyer
Covsee SA
Farm Bureau Meeting
Atomic Energy
Max Min
Asheville
Atlanta
Boston
Sccacssons
Chicago
Ssss
San Francisco
Ceceres
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