Endowment funds face cuts as interest rates fall
Pensioners of the Episcopal church in America face future benefit reductions due to declining security yields. J. P. Morgan signs the treasurer’s report, warning broader harms to private colleges and other tax supported institutions amid higher prices and softer endowment returns. Scrap rubber drives set a national record while aluminum scrap lags, signaling shifting public concern between autos and household items.
MENTIONED IN THIS ARTICLE
Episcopal Church In
America
American Air Forces Aid Chinese Front In Brief Gain
U S air units reportedly provided support as Generalissimo Chiang Kai-shek’s forces received bolstering aid. Chinese spokesmen said Japan had taken several cities in East China, but the front remained unsettled with fighting continuing.
MENTIONED IN THIS ARTICLE
Associated Press
Ching Kai -Shek
China
East
Kwangtung
Kiangsi
Favors Holding County Fairs Oppose Discontinuation
Asheville, June 24. Homer Adkins, presiding officer at the national governors conference, opposes ending county fairs. He supports continued fairs for education and is studying North Carolina industrialization efforts as defense transportation coordinator Joseph Eastman suggested cuts.
MENTIONED IN THIS ARTICLE
Asheville
N. C
Homer Adisins
Aransas
Defense Transportation
Joseph Eastman
Adkins
Jones Seeks War Department Review Over Attending Legislature
Governor Sam Jones asked President Roosevelt to review orders cancelling leaves for two Louisiana legislators. He argued the War Department acted without knowledge and aimed to influence politics in Lewisiana, seeking modification to allow attendance at remaining sessions.
MENTIONED IN THIS ARTICLE
Baton Tepe
Sam Jones
Roosevelt
War Department
Louisiana
Eary
Macy P. Long
Maryrit L. McIntyre
Atyesident Nousevel
United Confederate Veterans Meet Today in Chattanooga
The 52nd annual reunion of the United Confederate Veterans opens in Chattanooga with General John M. Claypool, 6 year old St. Louis minister and UCV commander in chief, to receive the city key in a morning ceremony. About 50 veterans are expected to attend as sessions begin. The report also notes Peru’s iron ore reserves extending about 60 years per Department of Commerce explorations.
MENTIONED IN THIS ARTICLE
Chattanooga
Penn
Juneau
Gelergus Leauy
John M. Claypool
St. Louis
UVC
Gray
Department of Commerce
Peru
Hoover Gibson Debunk Economic Determinism Theory
By S. Burton Heath, the piece argues that the idea wars are caused by a hidden global resource conspiracy is exposed by insights from Herbert Hoover and Hugh Gibson, showing economic determinism fails to account for complex wartime causation and political choices.
MENTIONED IN THIS ARTICLE
Herbert Hoover
Hugh Gibson
Flying War Tools to Chinese Forces Across Burma Route
United States Ferry Command keeps flying freighters and bombers from India to China to support Chiang Kai-Shek's armies. Large Douglas planes repurpose for cargo, delivering engines and parts despite monsoon and Japanese air patrols. The Burma-Yunnan corridor remains perilous, with minimal losses among American freighters.
MENTIONED IN THIS ARTICLE
Preston Grover
New Dell
India
United States Ferry Corpurnand
China
Burma
United States
Pasaine
Yunnan
Sofe
FDR and Churchill Focus on Shipping in War Talks
Roosevelt and Churchill, amid five day talks, advance plans for the United Nations war strategy with a White House conference on shipbuilding and use. They met with Dr. Soong and a list of top aides in supplies, shipping and military leadership to push shipping policy.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Churchill
Britain
United Nations
White House
Chirehill
T. V. Soong
Harry L. Hopkins
Emory S. Land
War Shipping Administration
Combined
Anglo-American Shipping Board
Arthur Salter
Lewis W. Douglas
Howard L. Vickery
Maritime Commission
Ship Construction Authority
Charles Little
Combined Chiefs of Staff
Vichy France to Form Legion for Service Everywhere
The Vichy government announced the conversion of the Anti French Expeditionary Forces into the Vircolor Legion to aid Nazi aims. Jacques Benoist-Mechin leads the central committee, with Paul Marion linking government information and Darnand aligned with veterans. Laval urged French workers to take jobs in Germany, expressing hope for victory for Germany to counter Bolshevism.
MENTIONED IN THIS ARTICLE
Cichy
Legion
Pierre Laval
Germany
Vircolor Legion
Legion of Volunteers
Jacques Benoist-Mechin
Miinistry
Thulimiain
Paul Marion
French Veterans Legion
Joseph Darnand
Halshevismn
Armistics
Laval
France
Sevastopol Hold Delays German Push As War Toll Grows
Moscow dispatch reports Sevastopol garrison halted a German wedge despite Nazi superiority in troops and tanks. Soviet summaries claim German casualties exceed 10 million with Red losses around 4.5 million, while Germany seeks to finish Sevastopol. Berlin counters with lower Russian losses, noting 1.5 million as of March.
Emden Target of RAF Planes
British bombers struck the German naval base at Emden for the third time in four days with heavy and successful fire. Six planes reported missing. CNB said three British bombers were shot down. Britain reported no Nazi raids last night.
MENTIONED IN THIS ARTICLE
London
Emden
Radweiather
Britain
Cologne
Trostock
Loneheek
CNB
Believes Indian Air Leader Still Alive in Oklahoma
Pawhuska, Oklahoma June 23. Family of Maj. Gen. Clarence L. Tinker, famed Indian commander of the Hawhathan air force, believes he may still be alive. Mrs. Villa Tinker Rippel said mass would be said Sunday for his safety, as the general has been missing since the Battle of Midway. The family has not given up hope and speculates his bomber could have landed on a nearby island or been rescued by a naval vessel unable to report.
MENTIONED IN THIS ARTICLE
Pawhauska
Okla
Clarence L. Tinker
Parisage
Hawhathan
Villa Tinker Rippel
Midway
Commons Air Libyan Defeat Loses British Ships and Planes
In the House of Commons, dissatisfactions surfaced as Britain disclosed losses in Libya. Attlee reported seven warships including a light cruiser and numerous aircraft, while reinforcements for desert fighters were noted, reflecting a sharp setback for the Eighth Army near Egypt.
MENTIONED IN THIS ARTICLE
Associated Press
London
Britain
House of Commons
Libya
House
Nvar
Clement Attlee
Dominions
Churchill
United States
Eighth Army
Navy May Soon Recruit Women For Shore Duty
Washington June 23. Senate Naval Affairs considers Walsh bill to place women in non combat shore jobs, making the auxiliary a branch of the Naval Reserve. Civilian training centers eyed at Smith Vassar and a midwestern university for enlisted and officers. Pay equal to sailors, uniforms not issued, clothing allowance $200 for enlisted and $256 for officers. Sailorettes restricted to shore duty, possibly Alaska Australia or Illinois.
MENTIONED IN THIS ARTICLE
Ruth Cowan
Washington
WAAC
Women's Auxiliary Army Corps Officer Training School
Navy
Senate Naval Affairs Committee
Senator Walsh
D-Mass
Naval Reserves
Rep
Maas
R-Minn
House
Congress
Navy Department
Mildred H. McAfee
Wellesley College
Eastern College
Smith and Vassar
Walsh
Governor Adkins Five Rules for Saving Rubber
Governor Adkins offers five tire and transport conservation recommendations. Observe speed regulations. Use public transportation to capacity. Stagger working hours to enhance mass transit. Use private cars for group rides. Walk to school and work.
MENTIONED IN THIS ARTICLE
i/P
Adkins
Tobruk Worse Than Dunkirk, Driver Recalls Fall
Private William George Downes of London, one of the few who escaped Tobruk, reports the British commander surrendered only after the town fell. He describes a brutal retreat and harbor escape amid shelling, air attacks, and burning ships as Tobruk became a sprawling inferno.
MENTIONED IN THIS ARTICLE
Harry Grockett
Tobruk
Dunkirk
William George Downes
London
Downes
Wadi Auda
Bardia
OPC to Confer This Week on Oil Pipeline in Arkansas
Little Rock June 23 Officials of the Office of the Petroleum Coordinator will visit Little Rock this week to begin preliminary work on the Texas Winds pipeline. The project would bisect Arkansas from southwest to northeast and involve cooperation with the highway department utilities commission and other state agencies. A key early issue is obtaining rights of way.
MENTIONED IN THIS ARTICLE
Little Rock
John M. Bransford
The
Agricultural and Industrial Commission
Arkansas
Tal
H. K. Thatcher
Commission
Washington
Bransford
R. B. McLaughlin
OPC
Highway Department
Utilities Commission
Thatcher
McLaughlin
Merchants to Close for July 4 Says Chamber
The Chamber of Commerce announced a canvass of local stores including dry goods grocery hardware and drug stores has led to agreement to close on July 4. More than a dozen merchants were contacted and all agreed to close despite the holiday falling on Saturday, the Chamber said.
MENTIONED IN THIS ARTICLE
Chamber of Commerce
Chamber
U S Joint RAF in Bengasi Raid
Cairo June 23 AP The United States Army and RAF conducted a heavy raid on Bengasi Libya with four motorized bombers and fighter escorts. Fires were started as bombs hit the rail and harbor. reports say German Italian vehicles near Sidi Azelz and border activity. Rommel’s potential reinforcements loom as Libyan fighting continues.
MENTIONED IN THIS ARTICLE
Edward Kennedy
Cairo
United States Army
Egypt
Bengasi
Libya
Eighth Army
Tobruk
U.S
RAF Slone
RAF
Beijing
Royal Air Force
Sidi Azelz
Fratier
Fort Capuazo
Erwin Rommel
Middle East
Rommel
Mediterranean
Funeral services for T. R. Seymour
Funeral services for T. R. Seymour, 73, Fulton farmer who died Monday, will be held at the family home in Fulton. He leaves widow, a sister Emma McWhorter of Fulton, two daughters Homey Sherman of Shreveport and Demma Seymour of Fulton, and three sons T. H. Seymour and John Seymour of Fulton and A. H. Seymour of Lockesburg.
MENTIONED IN THIS ARTICLE
T. R. Seymour
Fulton
Emma McWhorter
Homey Sherman
Shreveport
Demma Seymour
T. H. and
John Seymour
A. H. Seymour
Lockesburg
U S Planes Join Fight Expect Nazi Parachute Assault
Allied air power expands in North Africa as RAF bombers and U S planes attack Axis supply lines from Benghazi to Egypt. British desert fronts reinforced after Libya defeat amid fears of mass parachute drops. Egyptian government mobilizes 50 000 volunteers for air raid defense as Cairo notes improving situation.
MENTIONED IN THIS ARTICLE
Roger C. Greene
Associated Press War
Britain
Libya
Egypt
Bgan
Miles Larsoni
Cairo
RAF
Bengasi
Plaes
Fiers
Big Supply Bill Sent to House to Finance War Efforts
A massive wartime appropriation totaling about 205 billion dollars was sent to the House on June 23 1943 to fund army materiel and lend-lease aid for United Nations war needs. The omnibus measure appropriates over twelve billion for war material and projects a historic expansion in aircraft production with goals of 60 000 planes this year and 125 000 in 1943. The committee cites Lt Gen J T McNarney and notes potential savings from renegotiated contracts amounting to about 1.14 billion.
MENTIONED IN THIS ARTICLE
Washington
Warterial
United Nations
J.T. McNarney
Army
War Department
Congress
War Departments
Roosevelt
War Production Board freezes imported canned beef
The War Production Board froze all large stocks of imported canned beef for 90 days and made them available to the armed services. After July 2 most canned beef imports are expected to be diverted to the Army or Navy, impacting imports from Argentina Uruguay Brazil and Paraguay which averaged 63.6 million pounds annually and rose to over 100 million pounds in 1941 for military and lend-lease needs.
MENTIONED IN THIS ARTICLE
Washington
War Production Board
United States
Armed Services
WPB
Army
Navy
Argentina
Uruguay
Brazil
Paraguay
Special Tax Revenues Reach All-Time High, Arkansas
Arkansas special tax revenues are projected to hit a record high this fiscal year, with cashier N E Shuffield predicting totals exceed 35 million dollars. The $35,000,000 figure represents about 6.56 million more than the prior year.
MENTIONED IN THIS ARTICLE
Arkansas
Revenue Department
N. E. Shuffield
Shuffield
Also Mentioned on This Page
Alex. H. Washburn
Jones
United Confederate Veterans Meet
By S. Burton Heath
Fdr
Red
Sevastopol
Henry C
Cassidy
Moscow
Black Sea
Adolf Midler
U.S.S.R
Soviet Information Bureau
Berlin
Indian Air
Aleutian Islands
Siberia
Arctic Ocean
Dutch Harbor
Alaska
Fairbanks
Canada
Sewano
Kodiak
Miles
Wales
Vancouver, Estavan Point
Kiska
Aleutian
Islay
North Pacific Ocean
NEA
Telemap
Aleutian Island
Attu
Kleka
Estagian Point
Vancouver Island
Seaside
Oregon
Air Libyan
Shaohing Plain
Emperor Yu
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