Analysts Predict Early Price Drop
Commerce department officials foresee price declines by next fall for items that spiked after the OPA rise such as cotton goods and food. The cautious forecast says the downtrend will be mild and uneven with some prices still rising while others fall, and lists food, cotton goods, shoes, timber, paint, drugs, leather, fats and oils as likely to ease first. The study covers 675 wholesale products and will appear in the March issue of the Survey of Current Business.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Louis J. Paradise
Lois H. Rodriguez
Survey of
Taft seeks military view on war risk if U S aids Greece
Senator Taft urged an official top line assessment of whether Russia would declare war if the United States funds and arms Greece and Turkey. He cited Cuba as a comparable trigger and pressed for military experts’ views alongside new Truman messages from Greek leaders and lawmakers predicting broader aid.
MENTIONED IN THIS ARTICLE
Washington
Taft
Ohio
Russia
United States
Greece
Turkey
Cuba
Truman
Hungary
Middle East
Iran
Syria
Lebanon
Palestine
Willard Thorp
White House
Key West
Fla
Demetrios Maximos
France proposes German population shift to curb war potential
Paris and Moscow report that France urged an organized emigration of Germans from the Reich to lower its war-making capacity. Bi dault argued displacement would densify neighboring states and absorb Germans in France. Marshall summoned Lt Gen Lucius Clay as talks continued among the Allies amid Moscow pressure and Bevin clashed with Vishinsky over Albania participation.
MENTIONED IN THIS ARTICLE
Moscow
France
Marshall
Georges Bidault
Foreign Ministers Council
Reich
Lucius Clay
Ministr
Molotov
China
Kremlin
Stalin
Unite
Marsha
America
Mediterranean
Sovi
Russia
Secretar Bevin
Andrei Vishins
Albania
Dawei
Vishinsky
Bevin
Bidault
Germany
Poland
Adolf Hitler
Revenue Bill Is To Be Considered In Raleigh
The general assembly nears adjournment as a $311,593,086 biennial appropriation passes and a revenue bill heads for final passage next week. The gag rule sparks two house debates with amendments in Cleveland and Forsyth, while a compromise expands the bill to add 13 counties.
MENTIONED IN THIS ARTICLE
Noel Yancey Raleigh
General Assembly
House
Odus Mull
Cleveland
Mull
Finance Committee
Gass
Rex Gase
Forsyth
England Hit By Blizzard and Thames Flood Threat
Heavy snowstorms sweep the British Isles from the south to Scotland while floods raise disease risk. London’s east end and eastern northern suburbs, about 1.25 million people, are told to boil water. Reading residents, 440 miles upriver, warned water may be contaminated.
MENTIONED IN THIS ARTICLE
London
British Isles
Thames Valley
England
Scotland
East End
BBC
Reading
Thames
Three Men Die From Carbon Monoxide In Boat Near Southport
The bodies of Banks Funderburk and Johnson Keesler were found dead in their bunks aboard the Roseland II near the South Carolina line. Captain Oscar Seawell toppled from a stool as CO fumes caused the deaths. coroner Bell ruled accidental with fumes leaking into the cabin. The boat refueled last night and was en route to Cuba. Also noted is G Freemont Shepherd resigning UNC duties to become director of libraries at Cornell University.
MENTIONED IN THIS ARTICLE
Southport
N. C
South Carolina Line
Banks H. Funderburk
Johnson A. Keesler
Charlotte
Oscar T. Seawell
Wrightaville
W. F. Bell
Funderburk
Roseland II
Cuba
Trade Marts Threatened By Strike
NEW YORK March 15 The AFL United Financial Employees warned 30 day notices of contract termination would be sent to the New York stock curb and cotton exchanges as a strike by 5000 union members looms paralyzing the financial district. M David Keefe said after a talk with Emil Scram the strike could paralyze the industry. The walkout follows a dispute with A M Kidder and Company with 1444 to 114 voting to cancel contracts. Schram said the union pressed pressure on Kidder but the NYSE cannot force terms and warned of possible bankruptcy risks.
MENTIONED IN THIS ARTICLE
New York
AFL
United Financial
M. David Keefe
Emil Scram
New York Stock Exchange
Keefe
Wall Street
A. M. Kidder and Company
Schram
Kidder Company
Kidder Firm
U S Hopes To Stem Tide of Communism Far and Near East
James D. White analyzes the Truman Marshall policy as it extends beyond the Near East to the Far East. He notes reactions from Athens London and Nanking and argues that holding the line against Communism requires action in China Korea and Japan as well as Greece Turkey and the Middle East.
MENTIONED IN THIS ARTICLE
U.S
Far East
Near East
James D. White
Athens
Ankara
London
Madrid
Nanking
Tokyo
Winston Churchill
Molotov
Truman
Marshall
Moscow
China
Korea
Japan
Greece
Turkey
Middle East
Truman may prolong Key West leave after Moscow reports
President Truman, buoyed by dispatches from George C. Marshall, may extend his Florida vacation to Wednesday. Marshall, at the Moscow four power talks, was fully briefed on the President's Congress speech backing aid to Greece and Turkey and resistance to communism.
MENTIONED IN THIS ARTICLE
Key West
Fla
Truman
George C. Marshall
Moscow
General Marshall
Congress
Greece
Turkey
United States
Free Peoples
Marshall
State Department
Jewish terrorists blast NAAFI store near Hadera
A group identified as Jewish terrorists detonated a British army NAAFI post exchange store near Hadera. Police say no casualties were evident, but the building remained ablaze an hour after the explosion.
MENTIONED IN THIS ARTICLE
Jerusalem
Hadera
Fear Of Russian Pressure Spurs Greek Turkish Aid Appeal
Greek Premier Maximos warns the United States must provide immediate aid to Greece facing a subversive domestic movement aided from abroad. Turkish officials say Turkey risks instability and favor timely support to avoid costly future rescue, as Congress prepares to act on President Truman's Greece Turkey aid plan.
MENTIONED IN THIS ARTICLE
John A. Parris
Lake Success
N. Y
Mediterranean
Truman
Maximos
Congress
Greece
Istanbul
Turkey
GOP Leader Calls for Unity as Party Presses for Action
Washington reports GOP Chairman Carroll Reece and Senator Baldwin say Republicans back home demand action from Congress. Senator Morse criticizes the editorial calling for party control while Reece stresses congressional prerogatives and unity ahead of the 1948 election.
MENTIONED IN THIS ARTICLE
Washington
Carroll Reece
Republican National Committee
Baldwin
R-Conn
Reece
Republican News
Morse
R-Ore
Senate
House
Congress
Bodies of Two Unidentified Persons Found in Plane Wreck Near Roanoke
An elderly woman and a man were found dead in the wreckage of a twin engined Cessna near Bear Town mountain about ten miles from Roanoke. Investigators cannot identify the victims. The missing Dallas to Teterboro flight reportedly carried John R. Brite and his mother.
MENTIONED IN THIS ARTICLE
Roanoke
Lebanon
Bear Town Mountain
State Highway Patrol
Fenney
R. L. Williamson
Dallas
Texas
Teterboro
N. d
Woodrum Field
John R. Brite
Nashville
Congress May Be Forced To Delay Recess
Washington reports Congress may delay its Easter recess to push Truman’s Greece and Turkey aid, with a target vote by March 31. Senate discussions could spill past Easter as Republicans plan daily sessions to finish the measure.
MENTIONED IN THIS ARTICLE
Congress
Washington
House
Truman
Greece
Rkey
Senate
Senate approves farmer bonus amid partisan debate
The Senate Agriculture Committee advanced a 30 cent per bushel bonus for corn and wheat farmers not receiving the earlier 30 cent premium. Cost projections ranged from 313 million to over 1 billion dollars, covering sales from January 1, 1945 to April 18, 1946. Senator Langer urged restraint, noting no grain ceiling price increase and calling on farmers to market for patriotism.
MENTIONED IN THIS ARTICLE
Washington
Senate Agriculture Committee
Langer
R-N.d
President's Daughter Arrives In Willow Run
Margaret Truman arrives at Willow Run airport in Detroit with sparkling health amid blustery March weather. She is en route to a delayed singing debut with the Detroit Symphony Orchestra set for tomorrow night.
MENTIONED IN THIS ARTICLE
Detroit
Mich
Margaret Truman
Willow Run
Detroit Symphony Orchestra
Labor Leader Murray Claims Communists Control Guild Locals
Milton Murray, president of the American Newspaper Guild, testified that communists have virtual control of the New York and Los Angeles guild locals. He named Jack Ryan and William Brodie as labeled communists while defending most members as noncommunist and capable of voting them out if needed. The guild, a CIO union of about 25 000 editorial and business staff, faced further pressure as lawmakers weighed labor bills following testimony and threats against showman Far Carroll over union hiring requirements.
MENTIONED IN THIS ARTICLE
Washington
Milton Murray
American, Newspaper Guild
New York
Los Angeles
Far Carroll
Congress
Rep
Kearns
R-Pa
George P. McNear, Jr
House Labor Committee
Hollywood Theater
Rep. Landis
Ind
Murray
Jack Ryan
New York Guild
William Brodie
Guild
National Union
Lo Angeles
Brodie
Ryan
CIO
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Thora Chamberlain
San Jose
Robert Cornish
Berkeley
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Bleunbach Castle
Austria
Krupp Arms-Making Family
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North Carolina
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Enosville
Mass
Memphis
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Notte
Port Vt
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Beattle
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Aed Seins
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Shepherd
Cornell Chapel Hill
G. Freemont Shepherd
Library of
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University of North Carolina
Cornell University
Holy Land
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R-Sd
Senate Group