18 Feb 1948
Page 1
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Feb 18, 1948
Page
1
The measure from Sen Millikin faces hearings next week amid talk of a large budget plan to curb debt and fund government, with estimates ranging from billions to multiple trillions. Senate leaders push for action as fiscal controls loom.
Republicans claim the spending ceiling could save more than Truman’s figures as new costs arise in the aid-for-China program. Senate figures on the budget show the White House may send the aid request to Congress, with the State Department estimating roughly 579000. The surplus funds, around 7500000000, are eyed to reduce the national deficit, while lawmakers split on the Millikin plan. Birth cards combining birth registration and ID are being issued in several states.
Chile asserts foreign powers cannot seize Antarctic territory and warns of aggression against all American nations. Britain stands by its claims west and southwest of the 70th parallel amid a three nation dispute with Argentina. Australia rules out sending warships but keeps options open. The issue may go to the United Nations for possible settlement.
The column discusses the impact of an income tax cut on prices and inflation. It questions how extra consumer money versus corporate funds would affect supply and demand, production, and relief. It notes partisan posturing in Washington as both parties seek voter support.
Market report shows poultry and eggs with mixed prices and steady to lower receipts. Grain and provisions note late rally on pessimistic Kansas crop forecasts, with wheat, corn, oats, and soybeans fluctuating and a later rally in 1948 futures on farm crop outlooks. NY stocks slow with narrow changes and low volume. St. Louis livestock reports steady to higher bids for hogs with typical weights. overall market activity subdued.
Hope Star reports subscription details and staff listings for the Star Publishing Co. The issue includes livestock market data with prices for cattle, sheep, and hogs, noting receipts and market activity. Prices show steers, cattle, and bulls with mixed gains and losses, plus hog and lamb figures and early sales impacts.
Wallace as third party candidate thrives in New York Bronx race. Isacson’s ALP backed win signals rift in Democrats led by Flynn and O'Dwyer. Democrats worry ALP and Wallace shift 1944 Dewey margins. GOP weak in district while turnout drops from 1946.
London February 18 Prince Philip driving a limousine narrowly bumped a taxi near Buckingham Palace while Princess Elizabeth waited to be dropped at the palace. Court sources say King George warned Philip about his driving after a prior crash and both royal occupants escaped uninjured. The cabbie apologized, traffic was heavy, and officers let all proceed.
Active mill buying and short covering in the final hour lifted cotton futures to best levels of the day. Traders noted prices had earlier fallen nearly two dollars per bale before closing 40 cents to 1 dollar higher than the prior close.
New Orleans early trading shows cotton futures dipping then climbing as oil buying and short covering push prices higher. Closing levels vary per grade with most futures ending up modestly higher after the day’s volatile session. Water safety gains traction with a process using electrical precipitation to remove germs from water.
In Dublin on February 17 Costello aged 56 of Fine Gael was elected prime minister after Parliament defeated de Valera in a bid for reelection. Costello’s 74 to 6 victory ends de Valera’s 16 year rule and follows defections from his party. The Dail comprises 147 members with Fine Gael as the second largest party.
About 100000 government postal and telegraph employees, aligned with the Communist directed Lallan Labor Confederation, staged a one hour strike nationwide to press wage and seniority demands. They resumed work at 9 am after the government council of state promised prompt action on their demands.
In a party rift survey, Democrats debate Wallace’s potential impact this fall. A local official notes Wallace may hurt Truman in key states like California and Illinois, while Minnesota unrest grows as the party’s central committee considers delegates and unity.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.