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