Our Daily Bread Sliced Thin by the Editor
A compact column by Alex H. Washburn discusses financial matters facing readers. It references the Mo. Pac line and offers concise commentary on economic themes of the era.
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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Oct 05, 1950
Page
5
A compact column by Alex H. Washburn discusses financial matters facing readers. It references the Mo. Pac line and offers concise commentary on economic themes of the era.
Federal Judge George H. Moore approved a plan to end the railroad's 17 year receivership and move Missouri Pacific into a solvent operating company. The capitalization after writedown reaches 612 million dollars. The decision matters for Arkansas and states along the line, with Hope seeking a second underpass and changes to train stops to ease travel between Dallas and Texarkana.
Washington report says Harold Stassen’s idea of a citizens conference with Joseph Stalin drew mixed reactions in the United States and silence from Moscow. The State Department noted no official backing though it said a Stalin meeting could help a Moscow passport. Stassen called the move non political, while critics warned of dangers and Soviet press hostile reaction. The proposal aims for a conference with Stalin and top politburo members, plus several prominent Americans, though Stassen declined to name participants.
The Bethel A. M. E. Church announces a fourth quarter conference to review activities and plans. The notice provides no further details on date or location.
The National Production Authority seeks a steel allocation plan to shield civilian producers from defense orders. A proposed 20 percent cap on priority orders per company would shift excess demand to capable firms. Labor Secretary Tobin urged rapid defense plant expansion to speed mobilization while noting civilian production may still decline.
Former Hot Springs City Attorney Jay M. Rowland is free on parole after serving three and a half months of a one year sentence for accepting bribes from gamblers. The Arkansas Board of Pardons and Paroles approved 38 paroles including Rowland and four sentence commutations and one governor furlough. Other paroled individuals include Chester Box, Wright Chambless Jr., Jim R. Doyle, Harry Hulsey, Jasper Johnson, George Jones, Nathaniel Jones, Ernest Lidsey, Roger Steele, Raymond Stevens, Frank Stewart, Jesse James Stewart, Charley Taylor, and James Ochhs Williams with varied offenses from burglary to murder and grand larceny.
The defense department notified American families of 20 756 Korean battle casualties through September 29. This total increases by 3 563 from the last announced 17 200 as of September 22. Cumulative figures include 2 660 killed in action 13 953 wounded and 4 143 missing in action. Wounded in action include 394 who died of wounds, raising battle deaths to 2 954.
Mrs Sid Henry a longtime Hope resident and former educator and society editor of the Star died last night at Hope Hospital. She taught in Hope, served as secretary at the old Hope Lumber Co and held a long local presence. Funeral at 10 a.m. Friday at the family home on South Main with burial at Rose Hill Cemetery. Active pallbearers listed.
The Japanese press details a retreat toward North Korea strewn with graves and victims. Reports claim 25 000 civilians and soldiers were killed or missing with many buried in mass graves along the retreat route. U S officers fear some Americans were murdered before UN forces arrive. Figures from Seoul Taejon Woanju and Chinju areas are cited, with investigations by U S Army units ongoing. Continued on Page Three.
The State versus William Chesshir of Nashville Ark was continued at the request of the prosecuting witness and her mother after they said they did not wish to testify. The offense is alleged to have occurred Aug 5 1950 in Hempstead County. The case is set for April 1951 term. J S Rhodes and Billy J Childress pled guilty to contributing to the delinquency of a minor, each fined 50 with stay of execution on 40. Sam White faces a second degree murder trial near Ozan.
The United Nations moved to implement an American backed plan for postwar Korea with U N forces possibly crossing the 38th parallel. The 60 nation political committee approved the proposal 47 to 5 with seven abstentions and only the Soviet bloc voting no. The plan aims for a unified Korea, limited UN forces, economic rehabilitation, and a seven member commission to oversee implementation.
Denver October 5 President Truman rejected a jokey suggestion to appoint United Mine Workers leader John L. Lewis as ambassador to Russia. Colorado Senator Neal Bishop disclosed the reply saying the President valued humor but had already named a good man for the post. Lewis offered no comment.
More than two hundred residents from Hempstead County filled the county court room last night to view Arkansas wildlife films. Educational Director Tom Mull of the Arkansas Game and Fish Commission spoke as 4-H clubs, with Lester Wade and Earl Barham, toured sites at the Blevins area. The group studied bi color lespedera plants, with estimates of 150,000 plants for quail food and cover, to be marketed to the Game and Fish Commission at three dollars per thousand.
Police in Shreveport said Floyd Ray Reed, 20, of Fort Worth, tied to a $12,206 bank robbery, was held after being identified by Chief Huckabay. Reed, an inmate at a Fort Worth public hospital, previously escaped from the Arkansas facility and admitted to the robbery while in custody. He had prior shootings and prison commitments in Little Rock and Fort Worth.
Little Rock Oct 5 Statewide school day and East Arkansas day accompany the Arkansas Livestock show with crisp weather forecast to boost attendance. A 1 15 p m rodeo coliseum program led by Miss Ocie Bevin Arkansas Education association president. East Arkansas day runs 6 30 to 7 30 p m. Veterans day featured Governor McMath praising Arkansas livestock progress.
Lepanto reports Lorenzo Delgado of Texas won the Terrapin Award worth $100. The event details are unclear due to garbled text, but the prize appears connected to a local or regional competition.
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