08 Feb 1950
Page 1
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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Feb 08, 1950
Page
1
A fragmented report outlines a trade deficit and planned measures to cover it, including military aid. It notes exports and a total around 3000 million dollars for the 1950-51 fiscal year under a named chairmanship, with a substantial drop in figures since 1940. The source resembles an economic summary compiled in a historic context.
An overseas viewing claims Edward VII and Wallis Simpson may resume life in Britain after years of exile. The Queen Mother, Queen Mary, ailing, reportedly longs for her eldest son’s presence, amid reflections on the royal bond and past abdication for love.
City speech states that public power capacity has doubled, enabling potential industrial rate adjustments. Officials note increased plant capacity and ongoing efforts to study rates for local industries, with plans to report findings and offer competitive cash terms to stimulate expansion. Mayor Brown says Barney Gaines is employed at the city garage as a contact.
Governor McMath announced a Hope Motion Special Committee to study possible reorganization of state government. Richard L. Craig of Hot Springs will chair temporarily, with many members named from Arkansas business and civic leaders. John Hardin, Thomas Fitzmigh, J.S. Brooks, and others join the panel, while further appointments are expected.
A Moscow radio broadcast criticized the United States for pursuing the hydrogen bomb, calling it a path of the vanquished Nazis. It urged peaceful competition between the Soviet and capitalist systems and suggested overwhelming opposition to the H bomb at home. The program claimed Western trade boycotts fail to halt Soviet economic growth and urged stepping up peace.
Four Arkansas convicts escaped Tucker prison farm near Pine Bluff and killed guard William Bohannon during the breakout. James Ferry, Williams, Jack Rheuark, David Dyer, and Odus Eaton face first degree murder, grand larceny, and escape charges. Williams and Rheuark wounded. Eaton and Dyer back at Tucker. Trial likely at Jefferson Circuit Court in March.
Senators say the February British general election will influence U S approval of Marshall plan funds. A Conservative victory could ease cuts and bolster support, while Labor gains might slow release of the 3.1 billion dollars requested for the coming year.
Prague reports a second anti state trial as Rude Provo describes jailed conspirators aiming to assassinate officials and topple the communist regime. The group allegedly planned extensive terrorist acts, including murder of public figures, espionage, and economy sabotage. Most were businesspeople from the south and north sides of 12th Street.
Evanston authorities investigate the drowning of Evanston native and Northwestern University senior Ley M. Baker Jr. of Kirkwood Missouri at Lake Michigan. Police say the case involves a roommate witness, a suspect student 17, and a mysterious sequence including a note found in a desk drawer. Fire crews search the lake as investigators review Baker’s recent alcohol use and surrounding events.
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