War echoes lift US industry as production hits new highs
In a week shaped by the Korean conflict, heavy industry revived idle plants and rehired workers. President Truman pressed for potential price controls and new taxes while business leaders urged readiness, with General Motors and others moving toward mass production of war materiel and peacetime output expanding across steel, autos, and electronics.
MENTIONED IN THIS ARTICLE
Richard Fiske
New York
Truman
Heardy
United States
Senate-House Economic Committee
General Motors
Cadillac
Buffalo
American Car and Foundry Company
Atomic Energy Commission
Reynolds Metals Company
New York Stock Exchange
Taxi longing and political jabs echo in columnists tale
A humorous aside about wishing Gerald were a taxi frames a nostalgic moment. The piece then contrasts a historian’s note on Louis Johnson’s defense cuts with dissenting voices, suggesting Collier's editors resisted printing Blueprint for Disaster by a pale W. Winchell.
MENTIONED IN THIS ARTICLE
A. Schlesinger, Jr
Louis Johnson
Alsops
Johnson
Collier's
W. Winchell
Liggett & Myers Reports June Quarter Earnings
Liggett & Myers Tobacco Co. announces net income before preferred dividends of 7,873,000 dollars for the June quarter. After the 365,300-dollar preferred-dividend deduction, earnings come to 1.92 dollars per common share versus 1.80 dollars the year before. The note ends with an unrelated cooking tip about par boiling green peppers before stuffing.
MENTIONED IN THIS ARTICLE
New York
Liggett & Myers Tobacco Co
President Truman Seeks Ten-Billion Korea War Aid
Leslie Gould argues the $10 billion request for the Korean War and armament signals likely higher taxes and inflation, noting prior plans for larger sums and criticizing wartime missteps. He questions the fate of $100 billion in equipment and $65.6 billion spent since 1946 and the fate of surplus goods and aid.
MENTIONED IN THIS ARTICLE
Leslie Gould
New York
Truman
Washington
Money Center
Europe
Air Corps
America
Britain
Her
Commonwealth
Western
Philippines
Chamber Of Commerce Seeks Growth And Expansion
High Point Chamber directors and committee chairs reviewed its small staff and budget compared to nearby chambers. President Brant Snavely noted growth since 1919, urging larger office space and staff, plus a membership drive led by Amos Kearns and the membership committee.
MENTIONED IN THIS ARTICLE
High Point
Thomasville
Lexington
Asheboro
Amos R. Kearns
Winston-Salem Man Appeals Denton Sentence
Ervin Davis of Winston-Salem received a two year road sentence in Denton recorder's court for violating prohibition laws. The sentence was suspended for five years with Davis to leave North Carolina within 30 days and stay outside the state five years. Davis appealed to Davidson superior court. Companion Lester Ragan received $500 fine and two year road sentence, suspended on prohibition-violation conditions. Police found 20 cases of whisky in a 1950 truck near Denton on June 22. Davis had prior liquor tax judgments totaling $213,222.32 filed in Forsyth Guilford and Davidson counties.
MENTIONED IN THIS ARTICLE
Lexington
Ervin Davis
Winston-Salem
Denton
Davis
Superior Court
Forsyth
Guilford
Davidson Counties
DAV Backing Korean Stand Highlighted by NC DAV
Burlington July 22 North Carolina Disabled American Veterans announce full backing of the U S position in Korea led by Commander N Henry Godwin with Durham and state officials arranging for a state executive committee meeting. They endorse military aid to South Korea support calling reserves to active duty and restoring the draft. They condemn the Stockholm peace petition advocating troop withdrawal and banning the atomic bomb.
MENTIONED IN THIS ARTICLE
Burlington
North Carolina
N. Henry Godwin
Durham
Godwin
South Korea
Stockholm
Korea
Also Mentioned on This Page
Congress
Furniture Executive
Ontario
Canada
Toronto
Try
Harry S. ‘Truman
Member
Federal Deposit Insurance Corporation
Securities Dealers, Inc
Acme al Alloys
Sou
Ty Alabama Mills
American Enka Corp
American Marietta Co
American Trust Co
Am Yn & Proc Co
Am Yn & Pro Co
Atlanta Gas Lt
Seeee
Auto Finance Co
Pfd
Bank of Manhattan
N.Y
Bassett Furn Industries
Bausch & Lomb Optical
Bly
Black Siralls & Bryson
Blue Bell, Inc
Bludgins Co of Shelby
Buffalo Bolt Co
Butler’s Inc
Butler's, Inc
Cannon Millis
Carolina Mtn Tel Co
Caro Pow & Lt Co
Carolina Tel & Tel
Hos Mills, Inc
Commy
Chad Hos Mills
Caase Nat'l Bank
Cable Dairy
Col'n Stores, Inc
Dan Riv Mills
Delaware Rayon “A
Dixie Home Stores
Douglas and Lomason
Drexel Furniture Co
DuMont Labs
Allen B
Dun & Bradstreet, Inc
Edison, Thomas A “B
Ero Manufacturing Co
Erwin Cotton Mills
Frmst Dairies, Inc
Gamble Brothers
Garfinckel, Julius & Co., Inc
Garfinckel, Julius & Co
International Delucation Prod Co
Si Irving Trust Co
Ivey, J. B. & Co
Jeff Ltd Life Ins Co
Atly
Kellogg Co
Seaboard
Esese
Southern Webb Mills
Spindale Mills
Standard Stoker Co
Stonecutter Mills Oe
Del
Victor Prod Corp
Wachovia Bank and Trust Co
Warner & Swasey Co
West Point Mfg Co
Wilmington Savings & Trust Co Esesesecees
Gerald
Liggett & Myers
U. S
Census Bureau
States
States Inc
Alabama
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California
Colorado
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Col
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Utah
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Wisconsin
Chamber of Commerce
G. Curtis Smithdeal
R. T. Amos, Jr
J. A. Johnson
W. B. Hall
Jesse H. Washburn
O. A. Kirkman
Edgar Hartley
T. C. Kirkman
A. Glenn Smith
E. C Cridlebaugh
H. N. Williard
Henry A. Foscue
Horace Haworth
O. V. Kester
T. V. Rochelle
CU Tra
Maxee Refrigerator
Aled
State Dav
Paty
Goodfyear Service
N. Main ST
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