House approves limited guarantees for investments abroad
The House passed a bill under President Truman's point four program to provide limited guarantees for U.S. investments abroad, authorizing up to 250 million dollars through the Export Import Bank. It imposes treaties ensuring just compensation on expropriation, dollar convertibility, and non-discriminatory practices, with a noncompetitive cap on investments duplicating American production.
MENTIONED IN THIS ARTICLE
Washington
House
Truman
Senate
Truman Mo
Texas
Congress
Walcott
U. S
United States
Cox
D-Ga
Arkansas Rice Forecast Shows Higher Output
Washington July 12 The department of agriculture predicted a 7,425,000 bag rice crop for Arkansas with 330,000 acres to harvest down from 420,000 acres last year. Average yield expected.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Arkansas
Department
Rain Lifts Arkansas Crops Across Many Areas
In Arkansas, weekly weather notes show rain prevented potential crop damage this past week though some areas still need moisture. Cotton is blooming in northern counties as older plants fruit well, with boll weevils in central and southern counties. Rice prospects look promising, but grassy late-planted fields appear. Corn is doing well overall, with a few spots needing rain.
MENTIONED IN THIS ARTICLE
Little Rock
Arkansas
Crop Reporting Service
Bradley
Ashley
Car Sales Up in Little Rock Amid War Boost
Automotive agents report a surge in sales from June 24 to July 1 driven by the Korean War. The report also notes a high team batting average of .319 for the 1930 Yankees and forecasts on corn harvest acreage yields and peach and apple production, comparing with last year’s figures.
MENTIONED IN THIS ARTICLE
Little Rock
Military Planning Up to Four Men
Four men the joint chiefs of staff form the top military planners for the United States. The 1947 act unified the armed services into army navy and air force to end wasteful conflicts and standardize planning. The JCS includes Bradley Collins Sherman and Vandenberg with a 200 officer staff in the Pentagon guiding strategy, intelligence, and operations toward unanimous decisions or referrals to the secretary of defense.
MENTIONED IN THIS ARTICLE
James Marlow Washington
Joint Chiefs of Staff
Congress
Army
Navy
Airforce
Omar Bradley
J. Lawton Collins
Forrest Sherman
Naval Operations
Hoyt S. Vandenberg
Air Force
Pentagon
Armed Forces
Arund
Korea
JCS
Russia
U. S
Arctic
Europe
Asia
Bradley
Secretary of Defense
Louis Johnson
Sugar Demand Abnormal Is Report
Sugar brokers in Little Rock report abnormal demand caused by a scare over the Korean conflict. They say there is currently a sugar surplus and no shortage. The piece also notes U.S. honors for Louis Kossuth with commemorative glass flasks from his 1951 visit.
MENTIONED IN THIS ARTICLE
Little Rock
Aca
Louis Kossuth
Kossuth
Also Mentioned on This Page
Bateaville
Urally
City Sewer Commission
Loy
Weather Bureau
Doah
Dean
New York Yankees
Oren Harris
G. I
America
United Nations
Mass
Dawson Hawkins
Panama
Childrens
Qwen‘s
Hope
Prescott
Nashville
Camden
Magnolia
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