03 Nov 1948
Page 1
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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Nov 03, 1948
Page
1
Democrats claim control of Canaress after a near Senate tie, with a majority expected in the House. Voters produced sweeping changes, moving leadership away from several Republican committee chairs while confirming many incumbents, and signaling a shift in legislative power.
The piece surveys postwar party alignment and senate dynamics, noting Southern States Rights contenders and Truman’s challenge. It recounts 1948 vote patterns with Dewey and Truman leads, Thurmond’s four states, Wallace’s third party impact, and New York’s pivotal result shaping final outcomes.
The article reviews President Truman’s reelection, party shifts in state governments, and anticipated personnel changes in his administration. It notes plans by Secretary Marshall to depart, Lovett's possible exit, and the political balance after a tight national vote. It highlights gains for Democrats in several states and the likely resistance to Civil Rights reforms from some lawmakers.
Early returns from Arkansas indicate Truman wins the presidential contest with 1002 of 2,217 precincts reporting. McMath leads for governor, McClellan tops the Senate race, Trimble appears ahead in the Third District, Tackett in the Fourth, and Pisstale leads in the Fifth. Observer notes hint at a possible dramatic statewide tally reaching 22,000 votes. Sharp County reports delayed results due to a temporary outage as Miller County officials sort through ballots.
The Hope Ark market report covers hogs and lighter weights with steady to down shifts, cattle, calves, and sheep with varied prices. poultry and produce notes in Chicago with higher butter prices and firm poultry. grain and provisions show futures gains in wheat and corn, with New Orleans cotton and New York stock market closes reflecting Republican gains and heavy selling. Includes national price ranges, weights, and regional mentions.
Early dealings showed gains of up to 2.55 a bale driven by election outcomes. Much of the rise faded as hedging and profiting trimmed the advance. Traders expect Congress to support agriculture and import programs, with futures closing about 15 cents to 2.1 per bale higher.
Washington reports the Interstate Commerce Commission rejected railroad petitions for an immediate 12 percent freight rate increase as an emergency measure. The ICC will open hearings on a general 1 percent advance and will examine an 8 percent long term increase, with evidence taken on wage-driven needs. the decision delays any action until November 30 after prior appeals from shippers and state bodies.
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