Britain Devalues Pound After Cripps Announcement
The piece explains Britain's devaluation from 4.03 to 2.80 dollars per pound under Sir Stafford Cripps. It weighs hopes for cheaper exports, risks of inflation, and the options of revaluing upward or setting a closer rate like 3.20. It notes France and other currencies reacting, and the expected US and Canada backing to help England push the move.
MENTIONED IN THIS ARTICLE
Britain
Stafford Cripps
Cripps
France
Paris
Sir Stafford
Words of the Wise and Oyster Shipments in History
Notes on Addison’s view of true happiness as retired and intimate friendship. Then a historical line about oysters in the shell shipped to Europe starting in 1861. A final note that photographs can reveal stars beyond human vision.
MENTIONED IN THIS ARTICLE
Joseph Addison
Europe
Not Ready To Recognize Mao
Acheson agrees to consult with western powers and Congress before any policy decision on recognizing Mao's regime. U.S. recognition would require a regular government with territorial control and assumption of international obligations. Western powers are not in a hurry, likely to act only for political necessity without approving Communist rule in China.
MENTIONED IN THIS ARTICLE
Acheson
Senate Foreign Relations Committee
United States
China
Blackmer Exiled Returns Face Tax and Contempt Edicts
Blackmer returns from exile facing tax charges and past contempt fines totaling 3.67 million dollars. He faces perjury and grand jury charges in Denver from 1928 and may plead next Monday or Tuesday. His family and lawyers push for a settlement with the Justice Department as he recalls Denver.
MENTIONED IN THIS ARTICLE
Treasury Department
Denver
Blackmer
Myron
Erle Kistler
Justice Department
Constitutional and safety topics in state notes and taxes
The article reviews a federal court appointment dispute involving judges William and Burney and notes a constitutional question on special assignments. It reports on North Carolina labor efforts with Japan’s occupation forces, fire insurance tax implications, August building permits totaling 8.33 million, and reflections on state highway and school construction compared with private building activity.
MENTIONED IN THIS ARTICLE
William and
Burney
High Court
Meadows
Sam Ervin
Michael Schenck
State Labor Department
U. S. Army of Occupation
Japan
Forrest Shuford
North Carolina
U. S
Labor Information Bulletin
Dale Rose
GHQ
Tokyo
Canada
Steelworkers Accept White House Request in Steel Strike Talks
Murray telegram to President Truman accepts extension of work terms to 12:01 a m October 1 1949 to pursue mutually satisfactory collective bargaining. Wage policy committee session ends with cheers as Pittsburgh plants close and pickets appear. President calls for resumption of bargaining and a new deadline. Fairless pledges to weigh findings from the president's board in negotiations. No method yet for steel production without manganese.
MENTIONED IN THIS ARTICLE
Murray
Truman
International Executive and International Policy Committee
United Steelworkers of America
Pittsburgh
Universal Cyclops
Superior Steel Company
Benjamin F. Fairless
U. S. Steel
Big Steel
Resist Melancholy and Hold Steady in Life
A guiding maxim encourages steady resistance to melancholy and persistent daily effort. It stresses maintaining a proactive mindset, avoiding despair, and building resilience through consistent action.
MENTIONED IN THIS ARTICLE
Sidney Smith
Coal Strike End Hinges on Steel as Payment Row Grows
In Bluefield West Virginia Southern Coal Producers and union negotiators clash over a 20 cent welfare royalty payment. Three major southern operators withheld funds since June 20 triggering pension and welfare cuts. Ezra Van Horn resigns as operator trustee amid criticism with calls to replace him by Charles I Dawson.
MENTIONED IN THIS ARTICLE
Bluefield
West Va
Southern Coal Producers Association
Southern
Lewis
Welfare Fund
Southern Group
Ezra van Horn
Cleveland
Styles Bridges
R-Nh
Charles I. Dawson
Louisville
van Horn
Weather North Carolina Fair Warmer Friday
North Carolina forecast calls for fair skies and warmer conditions today and tonight. Friday will be partly cloudy and warm. The sun rises at 6 08 and sets at 6 16. A strange note about starfish attaches to an oyster and feeds after narcotizing the prey.
MENTIONED IN THIS ARTICLE
North Carolina
Opposition to Atlantic pact aid faces funding split
Gillette labeled the proposed Atlantic pact aid as a near endless down payment. The bill would authorize 500 million dollars cash and 500 million in contract authority for pact nations, with 314.01 million to Greece Turkey Korea Iran the Philippines and the China area. George amendments seek to cut cash to 300 million and contract to 200 million while boosting congressional review of defense plans.
MENTIONED IN THIS ARTICLE
Turkey
Korea
Iran
Philippines
China
George
Congress
Knowland
Calif
Mrs Morgenthau Dies at 57 in New York
Mrs Henry Morgenthau Jr wife of the former treasury secretary and niece of ex New York governor Herbert Lehman died yesterday in New York at age 57.
MENTIONED IN THIS ARTICLE
New York
Henry Morgenthau, Jr
Secretary of the Treasury
Herbert H. Lehman
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