Printing money provokes collapse more than taxes
A United Press dispatch described how Czechoslovakia’s red regime voided money and bonds through “revaluation,” triggering 10 days of strikes and martial law. The piece warned against governments printing money without tax backing, noting currency adulteration harms wealth and erodes trust in the market.
MENTIONED IN THIS ARTICLE
Perso
United Press
Czechoslovakia
George S. Paton
Red
Slovakia
Pilsen
England
Europe
Tony
Weapons to Increase Army Strength
Washington AP Army Secretary Robert T Stevens said new weapons and equipment will raise combat ability despite a 100000-man troop cut. His statement surpasses prior administration defense remarks about manpower reductions for the coming year.
MENTIONED IN THIS ARTICLE
Washington
Robert T Stevens
Stevens
Heat Wave Grips South Central States With Five Deaths
The Associated Press reports a blistering heat wave across Kansas, Missouri, Oklahoma, Texas, Arkansas and parts of Tennessee, Louisiana and Mississippi. Temperatures topped 100 degrees for multiple days, with five heat deaths recorded Thursday and Memphis reporting two.
MENTIONED IN THIS ARTICLE
Associated Press
Kansas
Missouri
Oklahoma
Texas
Arkansas
Tennessee
Louisiana
Mississippi
Iri
Memphis
Arkansas Storms Wreak Damage Across State
Heat induced thunderstorms swept across northeast and central Arkansas with gale force winds snapping shingles uprooting trees and causing power outages. Roofs were torn from buildings in Piggott and Searcy, debris clogged Little Rock streets, and utilities reported widespread disruptions to power and telephone service affecting 18 towns. Damage estimates include $40,000 from hail in Clay County and a $20,000 loss from a lumber fire in Murfreesboro.
MENTIONED IN THIS ARTICLE
Associated Press
Arkansas
Clay County
Piggott
U. S
Little Rock
Searcy
White County
Bradford
Mammoth Spring
Mercury
Guredon
Arkadelphia
Monticello
Pine Bluff
Hot Springs
Lonoke
Conway
Jacksonville
Bald Knob
Batesville
Beebe
Judsonia
Heber Springs
Tupelo
Kensett
Newark
Southwestern Bell Telephone Co
Murfreesboro
Ashdown
Okay
Texarkana
Red Attack Seen as a Bluff on Korean Front
FOREST EDWARDS reports savage Communist attacks flare along the Korean battle line as armistice talks loom. U N leaders speculate the drive serves to deter South Korea, boast strength, use winter reserves, and contest key hills before a neutral buffer is set up after any ceasefire.
MENTIONED IN THIS ARTICLE
Forest Edwards Sequl
U.N
Republic of Korea
Log truck crash in mountains injures Mena man fatally
Jacob Padgett of Mena was killed yesterday when a runaway logging truck speeding down a mountain road threw him from the bed. Ambulance attendants reported the brakes failed while Padgett rode in the truck bed. Three other occupants escaped injury as the vehicle overran after the fall.
MENTIONED IN THIS ARTICLE
Mena
Jacob Padgett
Padgett
Padgettree
Nineteen Hempstead Men Face Pre-induction Exams
Nineteen Hempstead county men were sent up for pre-induction examinations yesterday, announced by the local Selective Service board. The list includes Matealin Darrel Crank, Benjamin Walker, Bennie Lee English, Elwin Ragton, Chester Lee Arnett, Essie Lee McFadden, Bernard Moses, Je Showard Williamson, Hayett Lindel Ells, Paul Edward Whitmore, William Achon Sinyard, Lynd Aubry Turner, Milton Edward Gree Jr, Bureal Edward Staggers, Mal Tray Gamble, George McFildyn, Thigward Spears, Momordoes, and Gebe Darrell Schneider.
MENTIONED IN THIS ARTICLE
Hempstead County
Selective Service Board
Matealin Darrel Crank
Benjamin’ Frankib Walker
Bennie Lee English
Elwin Ragton
Chester Lee Arnett
Essie Lee McFadden
Bernard Moses
Je. Showard Williamson
Hayett Lindel Ells
Paul Edward Whitmore
William]achon Sinyard
Linyd Aubry “Urener
Milton Edward Gree, Jr
Bueral Edward St
U S to Seize Red Tanker in California
Justice Department agents plan to seize a 1000 ton oil tanker at Los Angeles harbor from Persia oil cargo tied to a false vessel ownership registration. The ship allegedly funded by borrowed federal funds may be Chinese owned and is to be unloaded at Texas Company docks.
MENTIONED IN THIS ARTICLE
San Pedro
Calif
Tre
Department of Justice
Los Angele Harbor
Pershian Galt
Justice Department
Activlty
Keith R. Ferguson
San Francisco
Melittvick Hills
Texas Company
Texas ‘Company
Mrs Briant and Son Improve After Texarkana Crash
Mrs Lilla Briant of Hope suffered a concussion and a leg injury in an auto wreck near Mt. Pleasant Texas and was reported improved at Texarkana Hospital. Her son Sgt Charles R Briant’s cheekbone injury at Red River Arsenal base hospital was also reported satisfactory. Mrs Guy A Linsker, riding with them, was not seriously hurt as they were traveling to Electra for a visit when the collision occurred.
MENTIONED IN THIS ARTICLE
Lilla Briant
Hope
Mt. Pleasant
Texas
Tex-arkana
Charles R. Briant
Red River Arsenal
Guy A. Linsker
Briant
Electra
Rice farming expands in Southeast Missouri fields
Rice farms spread into Butler County Missouri as farmers from Corning Arkansas plant initial tracts near Neelyville. Everett C and Roy Thomas plant about 400 acres with terraces levees and a 2800 gallon per minute pump on 300 acres. Rice sprouts eight inches high with planting in April and maturity in September. A Roman emblem is noted in central Rome.
MENTIONED IN THIS ARTICLE
Poplar Bluff
Buller County
Missouri
Butler County
Corning
Ark
Arkansas
Everett C
Roy Thomas
Corning Brothers
Neelyville
Thormas Brothers
Army to Close Down Seven Additional Camps
An Army announcement states seven more camps will be closed with future cuts possible. Savings are estimated at 6 million dollars in the first year and about 30 million in subsequent years. Camps listed include Camp Roberts California and Camp Atterbury Indiana. others in Alabama Texas and Kentucky to be closed. Units from the affected divisions will be redistributed to installations such as Fort Leonard Wood and Fort Knox.
MENTIONED IN THIS ARTICLE
Dreckineldae
Morganfield
Kay
Camp Roberts
San Miguel
Calif
San Luis Obisoo
Calle
Camp Rucker
Dalevilli
Ala
Camp Attebsbury
Edinburg
Tel
St Airborne
7Th Armored
Camp Rob Sets
Risk Infantry
Camp Alterbury
Infantry
Telleal Divisio
Camp Ricker
Armg
PL Benning
List Division
Camp Atterbury
Legislator Kidnapped in Chicago Abduction Sparks Fear
Glen Garver 53 year old Republican state representative was seized from his west side home as three men in a car abducted him after he waved to his wife on the porch. The FBI joined the probe as police hunted for the missing man amid fears he may have been slain. Witnesses include Amelia Garver 51 and Walter Pilelis 2 precinct captain in Ward 21. Police say motive unclear and no ransom link proven.
MENTIONED IN THIS ARTICLE
Chicago
Potlee
Viethm
Glen Garver
West Side
Willian ‘Young
Baugene Mc
Garver
Touhy
FBI
Graver
Amelia
Palice
Vhion
Walter Pilelis
Eugene McNally
Maxwell Street
Arkansans Return From Korea On Transport
Twelve Arkansas veterans were aboard the USNS Gen. William Back, arriving in San Francisco. Names include SFC Jefe D. Adams Mountain Home Sgt Harold T. Atwell Rudy SFC Harold T. Brown Gordon Sgt Sammy J. Daniels El Doctorado Cpl Lehman L. Duncan Swifton WOJG Billy G. Floyd Ling M-Sgt Gerald Hancock ro PFC Robert E. Jones Oak Capt Melvin L. Martin Smith noe Blebardean.
MENTIONED IN THIS ARTICLE
San Francisco
Korea
William Back
SFC
Jefe D. Adams
Mountain Home
Harold T. Atwell
Rudy
Harold T. Brown
Gordon
Sammy J. Daniels
el Doctorado
Lehman L. Duncan
Swifton
WOJG
Billy G. Floyd
Ling
Gerald Hancock
Robert E. Jones
Oak
Melvin L. Martin
Smith
Blebardean
Magnolia Pays Off Tree Planting Ceremony Hit
Mayor Voss Godley of Magnolia leads a community planting to celebrate a recent contest win by Magnolia workers and local chambers of commerce. Representing Magnolia were Joss Craig and Robert Shan Rouse among others. attendees included contest participants and unlisted officials.
MENTIONED IN THIS ARTICLE
Voss Godley
Magtinlkaonedk
John Wilson
Ah Wade
Fiebwantt
Shanhottse Us
Tope
Magnatia
KXAR
Magiollir
Joss Craig
Clamber
Eisenhower Warns of Socialism Amid Campaign Swing
President Eisenhower warned that socialism risks creeping into government during a rally in the Buck Hills area near Mount Rushmore. He spoke after arriving from a GOP gathering and planned stops in New Hampshire and New York, including Dartmouth College and Sagamore Hill ceremonies. His day included a brief planned trolley ride. he canceled it, citing no suitable route.
MENTIONED IN THIS ARTICLE
Sagamore Will
Theodore Roosevelt
Oyster Bay
Long Island
N. Y
Trousshing
Foreign Aid Budget Slash Debated by House Panel
The House Foreign Affairs Committee voted 18-5 to approve 4.0 billion for overseas aid for the year starting July 1, far below President Mossenhower’s request and Truman’s recommendation. Lawmakers indicate deeper cuts and plan to study the bill closely, with authorization near 4.0 billion and opposition to withholding funds for European defense without a six-nation EDC formation.
MENTIONED IN THIS ARTICLE
Russell Brines Washington
Mossenhower
House Appropriations Committee
House Foreign Affairs Committee
Truman
Glenn R. Davis R-Wisi
House Appropriations Subcommittee
Senate Foreign Relations Committee
House
European Defense Community
Blytheville Donates Land for Airbase
Blytheville residents donated about 1,000 acres in a deed presented by Mayor Dan Blodgett for use by the federal government in building a Strategic Air Command base for medium and heavy bombers on the site of a 2,786 acre former area.
MENTIONED IN THIS ARTICLE
Blytheville i
Strategic Air Command
Dan’ Blodgett
Worried Over Situation In Korea Feud With Eisenhower
The article reports heightened tension between Syngman Rhee and Dwight D. Eisenhower over Korea’s armistice. An official spokesman issued a public statement as Rhee, in a seven year presidency, warned that any armistice terms would be unacceptable. The piece references U.S. messages and responses from Washington.
MENTIONED IN THIS ARTICLE
Lero Hansen
Korea
UBY
Syngman Rhee Iy
Fetter
Dwight DB
Eisenhower
Reja Ia
South Korea
Armiatce
Folnl
Hower
Jurges
Magarly
Borat Nha
Ad House
Ing Thu
Americans Halt Charge of 1500 Red Chinese
American forces repulsed heavy Chinese assaults on the central Korean front as U.S. reinforcements and artillery fought back amid driving rain and bombardment. South Korean units helped plug gaps while Red forces suffered hundreds of casualties, with reports of intense fighting across the front and air activity hampered by weather.
MENTIONED IN THIS ARTICLE
Dofandry Errery
Koran
Tha Mln
Mie
Arry
U.S
U. S
Chorwan
Iush
Sheighth Anns
Harvey
Russia Asked to Take Up Austria Peace
Paris reports that negotiations on the Austrian peace treaty stalled, with a French foreign office spokesperson saying Moscow would publish notes simultaneously in Washington Paris and London. The Allies propose a shortened treaty version to restore Austria's sovereignty and independence, aiming to sound out Russia's position before Triple Entente leaders meet in Bermuda later this month.
MENTIONED IN THIS ARTICLE
Paris
Lewies
Andheli
Moscow
Washington
London
Pam
Wiplomalie Chelea
Russia
Bip
Bermudy
TL Wad
Eiralenhat
Tate
Austria
Washburn and Davis Attend Press Meet
Washburn and Advertising Manager Jess Davis attended a press meet this morning to discuss the annual gathering of the Arkansas Press Association. They planned to return home tonight, citing the challenge of operating automobiles on gasoline from a bygone era.
MENTIONED IN THIS ARTICLE
Washburn
Davis
Jess Davis
Far Springs
Arkansas
Whey
Ladugy’s
Peach shipments rise as Nashville fires hit firms
From Nashville report shows over 1 500 bushels of early peaches shipped with full swing next week. Norwood's Department Store burned for a 75 000 fee Tuesday. Prescott Dairy Company fire damaged part of plant last Sunday. Highway 24 paving from Prescott to Nashville discussed. Ex governor Sid McMath to speak at Rosston barbecue Tuesday June 16 to dedicate Highway 19.
MENTIONED IN THIS ARTICLE
Nashville
Games
Norwood
Prescott Dairy Company
Sid McMath
Rosston
Tlosston
Henry Woods
McMath
Olen Hendrix
Truman Baker
Nevada
Haas
Diplomatic tensions rise over Korean crisis in UN briefing
A South Korean envoy and U S press conference discuss possible economic and military sanctions on North Korea amid UN involvement. Critics question motives behind claims of deception as international leaders address the growing tensions.
MENTIONED IN THIS ARTICLE
Philadephia
Republic
Ite
Albethi
Panmunjom
Dantali
South Korrea
Anibhausa
U.S
You Chan
Phat
Clarkin Dok Vious Dentaly
M. Co
Capita
Yang
Ie Bouth Bara
Col
Ben, C
Toughmont
al International
Yang Specite
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Ike
By Marvin Arrowsmith
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Rhee
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Shinyright
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Gay
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Synaman Rhee
Alea
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