New York Business Reacts To Truman Budget Proposals
Business leaders see two clear trends in the new budget. First, defense spending will stretch out, ensuring steady government orders this year and next, with profits for manufacturers and workers. Second, a shift from pay as you go to deficit financing signals more government money for industry but risks inflation and a weaker dollar by year end. Critics warn the overall size and aid levels prompt concern over military buildup and long term debt.
MENTIONED IN THIS ARTICLE
New York
In-Ggstef
Forsees
William J. Grede
National Association of Manufacturers
Greede
Kidney function focus drives Doan's Pills ad line
An old advertisement highlights kidney health and backache relief. It promotes Doan's Pills as a mild diuretic used for over six decades, claiming relief from frequent urination, nighttime trips, and general discomfort by supporting kidney function.
MENTIONED IN THIS ARTICLE
Doga
Milliona
Doan
Carfean Cleared by Coast Guard Inquiry Hearings
Capt Kurt Carlsen may return to sea after Coast Guard Board of Inquiry found no final findings released yet. Hearing heard Carlsen blame storm for Flying Enterprise sinking caused by improper cargo loading. Final determinations on possible negligence will go to Coast Guard headquarters for action or license review.
MENTIONED IN THIS ARTICLE
New York
Kurt Carleen
Aca
Coast: Guard Board of Inquiry
Flying Enterprise
Lewis Shackleford
Carlsen
Shackleford
Woodbridge
N. J
Enterprise
Batton
Carlsenalka
Coast Guard
Officer seeks reinstatement after discharge in Hot Springs
Hot Springs January 23 Pres Lt E W Rowe former officer planned to ask Circuit Judge C Floyd Huff today for reinstatement on the force. Rowe was discharged by the city civil service commission Monday night on charges of conduct unbecoming an officer. The commission also demoted Police Chief Dan Watkins to lieutenant and he resigned. Judge Huff ordered Watkins reinstated pending a final hearing on the matter Monday.
MENTIONED IN THIS ARTICLE
Hot Springs
E.W. Rowe
Circuit
C. Floyd Huff
Rowe
City Civil Service
Dan Watkins
Hoff
Watkins
Fannie Ward Suffering Stroke in Park Avenue Home
Actress Fannie Ward in New York in critical condition after suffering a stroke during the weekend in her Park Avenue apartment where she has lived alone. The diamond studded star, famed for youthful appearances on and off stage, remains hospitalized with unclear prognosis.
MENTIONED IN THIS ARTICLE
New York
Fannie Ward
Peter Pan
Park Avenue
Tax proposals spark oil industry alarm over depletion rule
Business leaders oppose new tax hikes and urge Congress to reject higher taxes. They defend the 27 2 percent depletion allowance, arguing reduction would curb oil exploration and threaten national defense. Stakeholders from Standard Oil of California warn that cutting depletion harms incentives to search for oil.
MENTIONED IN THIS ARTICLE
Congress
R. G. Forlls
Chaiman
Board of Standard Oil Co
California
Taft End Tour of Wisconsin
Taft ended his Wisconsin visit with a speech at Monrog in which he proposed farmer focused production controls as needed and government aid to farmers. He urged local control by communities and praised Sen. McCarthy, indicating support if McCarthy seeks the Republican Senate nomination. Taft planned to return to Washington.
MENTIONED IN THIS ARTICLE
Monrog
Wis
Sen
Taft
Ohio
Wisconsin
Willeh
Ohio Républié
Chamber of Commerce
McCarthy
Regis
Nawsmen
Mee Carthy
Senate
Washington
Oil Production Shows Increase in United States Daily
Nation sees higher daily crude output with gains in Oklahoma California Mississippi and many others while several states report declines led by Colorado and Kansas as Texas remains a large contributor with a total around 2,749,035 barrels.
MENTIONED IN THIS ARTICLE
Yon
United States
Ledse
Jkn
OP Ahad
Kanes
Colorado
Oklahoma
California
Mississippi
Alabama
Arkansaa
Uinola
Pac
Indiana
Kentucky
Louisianna
Michigan
Montana
Nebraska
Utah
Wyoming
Florida
Texas
Churchill Heads Home From United States
Prime Minister Winston Churchill sailed from the United States aboard the Queen Mary after 18 days in North America. He waved to crowds, cigars lit, with Bernard Baruch, Sarah Churchill, and city officials present. He held six policy talks with President Truman in Washington during his visit. The note adds Libya as Africa’s fourth independent country.
MENTIONED IN THIS ARTICLE
New York
Waina
Winston Churchil
United States
Canada
Bernard Baruch
Sarah Churchill
Washington
Truman
Suggested Pragy Doms Bond Sale Aimed at Juvenile Thrift
A restructuring proposal in Congress would authorize selling “pragy bonds” bought with children’s pennies to fund defense and other programs. Rep Selin aki proposes an $8.78 annual charge per buyer, with proceeds offsetting rising costs and long term interest impacts.
MENTIONED IN THIS ARTICLE
Aressivnl
Dea
Rep
Selinaki
DIND
Plitag Tnthia
Wasshington
Central Seeks Beecher Air Line
Washington reports May-Keith Kahle, president of Central Ale, stated at a board hearing that the airline’s plan for a five year renewal of feeder line permissions and extension of operations to Oklahoma and Kansas faces CAB approval challenges.
MENTIONED IN THIS ARTICLE
Central
Beecher Air Line
Washington
Keith Kahle
Alvitho
Rastic
Comnisey
Prassengera
Whiv Revonduts
Kalle
Ite Gerr
Oklahom
Kanga
Aouth Actosa Arimansag
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Carfean
Coech Guard
Loa Lee Ee
America
By Don Whitehead
Tay
U. S. Bureau of Narcotics
Crime Investigation Committee
Baltimore
Reefer
Withiher
Herolf
Mme
Rick
Mother's Oats
Ware Trery
Oats Company
Retrigeveter Space Powes
Radan
Borden
Bordens
Churchill
England
Kingdom
Libya
Africa
Pragy
Doms’ Suggesed
Mary of Pew
Nates
Maite
Worth
Uui
Walt
Thornton
Todey
Thornton Minop
Goth
Hope
Gibson Drug
Emilee Mh
Meads
Chiatae
Bet Monte
Eira
Ay Rey