Truman Seeks 8.5 Billion for Foreign Arms Aid
President Truman asked Congress for 8.5 billion dollars in military and economic aid to free nations to counter Soviet expansion. The package includes 6.25 billion for military aid and 2.25 billion for economic assistance, plus 1 billion to expand Export-Import Bank lending. The plan targets Europe, the Middle East and North Africa, Asia, and Latin America with a total NATO share of 6.89 billion for Europe.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Asia
Latin America
Ion
North Atlantic Treaty Organization
Formosa
Greece
Turkey
Middle East
Europe
Iran
Iran Demands Oil Nationalization from Anglo-Iranian Co
Tehran issues an ultimatum to the Anglo Iranian Oil Co to recognize oil nationalization within a week and nominate British negotiators. Iran threatens to seize oil fields if unmet while allowing continued British staff after nationalization and pressing Bahrein oil questions.
MENTIONED IN THIS ARTICLE
Tehran
Iran
Anglo-Iranian Oil Co
Mixed Commission For Oil Nationalization
Bahrein Island
Kashani
Elninent National Front
Bahrein
Saudi Arabia
Persian Gulf
Arabia
Archipelago
U. S. Seen As Theater For War
President Truman warned a third world war could turn the United States into a real battlefront with destruction nationwide. He urged unity and discussed aims to prevent another global conflict while inviting prayers for permanent peace on Memorial Day.
MENTIONED IN THIS ARTICLE
Washington
United States
Truman
Stocks Rally After Sharp Midday Slump
New York stocks rebounded after a swift late morning drop as trading picked up at 11:30 and again at 11:50. The rail and industrial averages reached new lows for recent dates before a recovering session, with Standard Oil (N J) up 3 points from a deep loss and Santa Fe climbing to 148.44, though still down. Du Pont trimmed its decline as overall volume neared 1.06 million shares by noon.
MENTIONED IN THIS ARTICLE
New York
Standard Oil
N.J
Santa
ABC to Merge With Paramount In $25 Million Tie
ABC and United Paramount Theatres announce a merger with an estimated 25 million stock transfer. Edward J. Noble and Leonard H. Goldenson reveal plans to keep ABC radio and TV networks in the new firm to be named American Broadcasting Paramount Theatres. Robert E. Kintner to lead the broadcasting division. Goldenson to be president. Paramount Chicago TV station to be sold to CBS for 6 million.
MENTIONED IN THIS ARTICLE
New York
American Broadcasting
United Paramount Theatres, Inc
Seement
Edward J. Noble
ABC
Leonard H. Godenson
Federal Communications Commission
Woll
ABC Radio and Television Networks
Robert E. Kintner
Goldenson
American Broadcasting - Paramount Theatres
Noble
Paramount
Chicago
Columbia Broadcasting System
Bradley Says Commitments By U S Probably Exceed Power To Carry Them Out
Gen. Omar N. Bradley told senators that U S diplomatic commitments may exceed military power to carry out yet are perfectly proper. He cited NATO build up, urged continued alliance cohesion, and discussed Korea policy while defending the Joint Chiefs stance on expanding the war and UN leverage with Red China in diplomacy.
MENTIONED IN THIS ARTICLE
Bradley
U.S
John L. Steele
Washington
Omar N. Brad
U. S
Joint Chiefs Staff
Douglas MacArthur
North Atlantic
Russia
North Atlantic Treaty Organization
Senate Armed Services Foreign Relations Committee
United Nations
Eneiens
Bourke B. Hickenlooper
Ria
Dean Acheson
Acheson
Army
J. Lawton Collins
Morse
MacArthur
Joint Chiefs of Staff
Hicken T Collins
Hoyt Eventeheens
Adm
Forrest P. Sherman
Naval Operations
Iowa
Truman
Hickenlooper
Cat
Film Director Joins List of Confessed Ex Reds
Frank Tuttle, veteran director, told the House Un-American Activities Committee he was a Hollywood Communist for 10 years but quit in 1947. He named 36 others as fellow communists and said remaining party members should cut ties or face scrutiny.
MENTIONED IN THIS ARTICLE
Washington
Frank Tuttle
House Un-American Activities Committee
Hollywood
Tuttle
Francis E. Walter
D-Pa
Walter
Communist Party Aneid
Cracks in Life: From Bicycles to Energy Ventures
A concise sketch traces a man's happiest life phase from early bicycle days to later energy ventures, highlighting key personal milestones and shifting interests.
Cost of Living Stagnation After 111 Month Rise
The Korean War era measure shows living costs up only one tenth of a percent between March 15 and April 15, the smallest monthly gain since June 1950. Food prices fell while eggs and fruits dropped, with rents and clothing contributing to overall increases and OPS controls recent additions.
MENTIONED IN THIS ARTICLE
James Marlow Washington
Bureau of Labor Statistics
BLS
OPA
Office of Price Stabilization
OPS
All Night Sessions Result In Stalemate In Mediation Talk
Seventeen busses, 52 bus drivers and 12 mechanics idle in High Point as a Duke Power Company strike by the Brotherhood of Railroad Trainmen begins at 5:30 this morning. The union represents 625 bus workers across High Point and neighboring cities in North and South Carolina. News of the stoppage followed failed wage and contract talks between union officials and Duke Power Company representatives.
MENTIONED IN THIS ARTICLE
Duke Powerable
South Curiosity
Jimmie Jeffries
Duke
High Point
Duke Power Company
Brotherhood of Railroad
Charlotte
Winston-Salem
Salisbury
Greenville
S. C
Spartanburg
T. E. Ian City Egg
Amos Carns
Hinson
Son
Duke Power di
UN Troops Break Through Parallel Front In Korea
UN forces cross the 38th parallel in two zones on the eastern central front driving Chinese troops back. Lt Gen Van Fleet says the 8th Army is on the offensive across its front with no limits, as Gen Almond commands the central front task force advancing from Hangye toward the Choyang River area. Allied air power targets the iron triangle around Chorwon Kuhwa and Hwachon to disrupt supplies.
MENTIONED IN THIS ARTICLE
Earnest Hoberecht
Tokyo
United Nations
38Th
Toaegue
Seoul
8Th Army
James A. van Fleet
Edward M. Almond
U.S
Almond
Ae Corps Cae
Lie Detector Test Sought In Kidnapping in Buena Park
The father of 10 year old Patricia Hull plans to urge suspect Henry Ford McCracken to take a lie detector test. Orange County investigators seek grand jury indictments for McCracken on charges of child stealing kidnapping and murder as witnesses including Holly Holland prepare to testify.
MENTIONED IN THIS ARTICLE
Buena Park
Cal
Patricia Jean Hull
Henry Ford McCracken
Leonard D. Hull
McCracken Toay
McCracken
Orange County
Hull
James L. Davis
Grand Jury
Holly Holland
Rail workers strike after protracted talks with power company
About 625 workers in North and South Carolina comprising the Brotherhood of Railroad Trainmen walk out after negotiations fail to secure a 10 per cent pay rise. The company offered five to six cents hourly, which would lift wages to 1.35 dollars. A midnight mediation in Charlotte, led by Mayor Victor Shaw, extended with brief coffee breaks but ended with no settlement. Spartanburg Mayor Whitesides reported no progress and said the strike would continue. The conference resumed with Ebenezer Whitesides noting the session stayed civil, but no agreement was reached.
MENTIONED IN THIS ARTICLE
Britt Es Hine
Cam
Carolina
Brotherhood of
Power Company
Mmeney
BRT Tea Company
Charlotte
aston-Salem
Point
Salisbury
North Carolina
Greenville
Spartanburg
South Eeena
Shaw
Cain
Victor Shaw
Bro
Thomas W. Whitesides
Whitesides
Also Mentioned on This Page
By James D. Shacter
Kremlin
Pee
Korea
Toon
Matthew B. Ridgway
Eighth Army
Machete
Icy Transit Company
Duke Power
City Planat
Herman Falk
City Transit
Official
Weather Bureau
Asheville
Atlanta
Boston
Charleston
Renee
Miami
Minn-St.p
Mt. Mitchell
Raleigh
San Antonio
Ceesees
Wilmington
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