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Independent Long Beach in Long Beach, California

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Independent Long Beach

Location

Long Beach, California, United States of America

Date

Dec 17, 1950

Page

3

Reds assault Hamhung as Hungnam port yields ground

Chinese Communist troops swarm north toward Hamhung in a nightlong, harassing push against U N forces around Hungnam. American troops abandon part of the harbor area while engineers destroy bridges and tunnels to slow the advance. An airstrip for C 47 planes begins operation as refugees flood into no man’s land.

Tokyo Dee Hamhung United Nations Hungnam North Korea United States Seventh Sen No-Man's-Land 10Th Corps Hamhung-Hungnam Harbor Hamhtung

Sanctions Also Apply to North Korea

The State Department with Treasury and Commerce froze all Red China assets in the United States and banned shipments by sea or air to that country. The order covers assets in Hawaii and Alaska and applies similarly to North Korea assets. Shipping lines are barred from loading transporting or unloading cargo if destined for Red China. Officials cannot estimate the total funds blocked but say Chinese and Formosan residents hold about 200 million dollars in U.S. assets.

State Department Treasury and Commerce Departments Red China United States Hawaii Alaska North Korea China Treasury Formosa U.S

President's speech on price controls falls short

The editorial argues the President's radio address failed to meet public demand for full all-out controls and mobilization as prices and wages rise, calling the speech a 30 minute delay in real action and noting continued inflation.

U. S. Cuts Back Car Prices After Emergency Declared

Following President Truman’s national emergency declaration the government rolled back recent automobile price increases and froze car prices for 90 days at December 1 levels. The move nullifies last two weeks’ boosts by General Motors Ford Chrysler and Nash and draws swift, hostile reactions from Detroit industry leaders and the CIO United Automobile Workers.

United Press and Tufrenational News Service Washington Truman General Motors Ford Chrysler Nash Detroit Auto

Also Mentioned on This Page

U. S Hollywood del Monte Shirley Reds Beachhead Drew Pearson Ray Tucker Moe the People Dustrialists CIO United Automobile Workers Red Europe Asia Ford Motor Co Alan Valentine Economic Stabilization Agency Leo Truman
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