President Plans Multi Billion Tax On Excess Profits
President Truman intends to ask Congress for a multi billion dollar excess profits tax on corporations to help finance programs against Communist aggression. The move follows pressure from lawmakers for broader controls and possible price and wage ceilings. Reports say supporters seek about 4 billion annually, while Mills and O Mahoney push for strong anti profiteering measures. The proposal accompanies the larger 5 billion general tax package under discussion.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Capitol Hill
O Mahoney
B-Wyat
Milils
D-Ark
O'Mahoney
Mills
House Debates Automatic Wage Price Controls in Senate Move
The Senate Banking Committee backed broad discretionary wage price controls tied to living costs, while keeping key decisions to the President. A new labor disputes agency would operate under Taft Hartley limits, with some senators reserving opposition to wage price provisions. The panel also approved limited powers Truman sought to allocate scarce materials, set defense production priorities, and address consumer credit and real estate constraints.
MENTIONED IN THIS ARTICLE
Washington
Senate Banking Committee
Tate
Truman
Senate
War Labor’ Board
Waite
Maybank Co
Cagehart
R- Ind
Heredt Aimsell
Britkett
R-Ofia
Tobey
R-We
iMa
Democratic Canvass Scheduled August 23
Nashville Tenn. The State Democratic Primary Board will meet at 12 am on August 23 to canvass the August 3 state primary futures and certify the nominees. The meeting date was announced by Jack Norman, chairman of the state board.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Jack Normar
Atomic Energy Commission Chief Quits Amid ABC Clash
Carroll L Wilson resigned today as general manager of the Atomic Energy Commission and condemned ABC Chairman Gordon Dean in a sharp exchange reported from Washington. In other notes, the NSC escort cutter Dexter noted alongside the Norwegian Belfri in North Atlantic waters, destined for St John’s Newfoundland.
MENTIONED IN THIS ARTICLE
Washington
Carroll L. _ Wilson
Atomic Energy [Commission
ABC
Gordon Dean
Halifax
Soest
Dexter
Belfri
Atlantic
St. John's
Nild
Sullivan County General Election Official Results Listed
Official results for Sullivan County general election released late Monday night show J. D. Newland 5877 and A. H. Hurd 9692 for sheriff. Clyde Groseclose 4928 trustee. Rusger Hart 10273 and Henry Ford 2003 county court clerk. David R Gray 766, Walter Nucktolls 6097 for others. Ruth Warrick 9272 register of deeds. Ed Glover 6027 Otis Pendleton 10398 Joseph Casteal 208 highway commissioner. Hawars Posten 1691 H. L. Peters Jr 6443 county judge. George L. McIntyre 6771 county attorney. Clayven Davenport 5268 general sessions judge divisions. Black KR Sams 4226 Roscoe E. Edwards 4226. Sidney G. Gilbreath Jr 1061 Warren T. Trent 5883. Shelbourne Ferguson 7981 D. Bauregardiner 6095. Herman Conway Smith 5876 John E Trent 875. Frank and Gailor 60%. Tomlin sort 5984. Juckie of Court of Appeals H. Anderson 3866 RB Bapitsl 5402. John E. Swepscon 5450. Bam L. Pelts 3477 R. B. C. Howe 353. Roy Hickerson 5500. Lun e MecAmis 5884 Witfeld B. Hale 430. Peabody Howard 3520. Joe W Worley 5906. Delegate to World Constituent Assembly Eyke Farmer 3929 W A Harwell 2728. Richard W N Satter 1354. (See canvass page 3)
MENTIONED IN THIS ARTICLE
Sullivan County
J. D. Newland
A. H. Hurd
Clyde Groseclose
Rusger Hart
Henry Ford
Davidr Gray
Walter
Ruth Warrick
Ed Glover
Otis Pendleton
Joseph Casteal
Hawars Posten
H. LE. Peters, Jr
George L. Mc~Intyre
Clayven Davenport
Black KR. Sams
Fae
Roscoe E. Edwards
Sidney G. Gilbreath, Jr
Warren. T. Trent
Shelbourne Ferguson
D. Bauregardiner
Herman Conway Smith
John, E
Trent
Supreme Court
Frank 3
Gailor
Pride Tomlinsort
Allen M. Prewitt
B. Mell
Hamilton &Burnett
Juckie
H. Anderson
RB. Bapitsl
John E. Swepscon
Nigdle
Bam L. Pelts
R. B. C. Howe
Roy Hickerson
Lune MecAmis
Witfeld B. Hale
Peabody Howard
First Chancery
Joe W. Worley
jEyke Farmer
W. A Har
Well
Richard WN. Satter
Lela
Shirley Chadwick Sets Channel Crossing Record
Shirley Chadwick completed the English Channel swim from Cap Gris Nez to Dover in 13 hours 2 minutes, breaking Gertrude Ederle’s 1928 women’s mark but Shirley May France gave up eight miles from shore. Chadwick, 31, swam through rough seas, reaching the white cliffs amid thousands of spectators. France, 17, from Somerset Massachusetts, quit about a quarter mile from land after 19 minutes in the water, with no rest for her legs.
MENTIONED IN THIS ARTICLE
Doves
England
Florence Chadwick
Sam Diego Ammer
Shirley May
France
Miss Chadwick
Gertrude Ederle
Ederle Marit
Dover
Cap Gris Nez
Pramee
On &Ro
Sta Weed
George Michel
Mise Chadwick
Ederie
Mile Gade Carson
Shirley May France
Somerset
Mass
Howrs
Massachusetts
Argentine Aviator Antonio Albertone sets off for France from Gris Nez
8 Miles offshore, Antonio Albertone began his attempt to cross the channel from Gris Nez at midnight after a Dover departure. Observers along the French coast noted dusk could hide a lone craft in the dark. Shirley May, after seven hours in the water, requested food as coach Harry Boudakian tended to her. She reported relief from the prior pain, but earlier suffered stomach cramps and a left hand pain after about three quarters of a mile in the sea, with a prior attack near Dover last year.
MENTIONED IN THIS ARTICLE
Antonio Albertonde
Dover
France
Gris Nez
Shirley May
Harry Boudakian
32 New Polio Cases Reported
Richmond reports 32 new polio cases with Wythe County tallying 12 new infections and Wytheville showing 7. statewide total reaches 120 cases since July 1 with 22 deaths including a two year old in Giles County. Fourteen Wythe County residents have died.
MENTIONED IN THIS ARTICLE
Richmond
Virgina
Wytheville
Wythe County
Wrytheville
Groma Giles County
Russians Seen Likely to Veto Korea Proposals at UN
The United Nations Security Council faced a Korean crisis as Russia prepared for a fourth veto while two main proposals from the United States and the Soviets sparred. Delegates anticipated procedural wrangling as the second week opened, with the Soviet plan seeking China and Korea in talks and an immediate end to hostilities, and the American plan condemning North Korea and urging parties with influence to curb fighting. The stalemate was not expected to halt aerial operations in Korea.
MENTIONED IN THIS ARTICLE
Eike
Russie
United Nations
Korea
Buch
Security Council
Russia
United States
Jone
U.S
Truman Seeks Act To Combat Sabotage
President Truman asked Congress for legislation to counter sabotage and Communist influence. The White House said the message would be sent this afternoon and warned against hysteria while outlining internal security measures during international unrest.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
White House
Reserves Expanded Marines to Mobilize More Men
Nashville dispatch reports the Marine Corps plans to call up all Volunteer Reserves to reach about 200000 active personnel. A Defense Department request for an additional military appropriation, including extended funding, is anticipated in January. lawmakers urge keeping the force at a minimum strength of 90000 and warn against further cuts.
MENTIONED IN THIS ARTICLE
Wingoti
House, Armed Services Committee
Sanday
Defense Department
Marine Corps
Nashville
Mansfield
D+ Mom
Coast Guard
Red Bridgehead Gains 2 Miles as 3 Battles Flare in Korea
North Korean troops crossed the Naktong River defense line and pushed two miles east on a 2,000 yard front. General MacArthur reports the bridgeheads pose a primary concern while the two-day offensive gains about 10 miles, with Maw 12 miles east of Chinju.
MENTIONED IN THIS ARTICLE
MAF
U.S
Masa
Chinju
34Th
Sth
Naktong River
Pugongat
Fae
Taeru
Eine
Anciont
Yongdok
Tokyo
Korea
MacArthur
Kingsport Time
U.S Eighth Army
Waegwan
Taegu
Changhyong
Man Found Dead Beside Tracks Near Kingsport
A man identified as Matt Hutson of Rock Springs was found dead beside railroad tracks near the Knoxville Highway underpass late Monday night. Police report a crushed head suggests being run over by a train on Clinchtfield Train No. 97's route to Elk Holm City. Deputy Coroner J E Upchurch said death was likely instantaneous.
MENTIONED IN THIS ARTICLE
Matt Hutsch
Rock Springs
Knoxville
Hingeport
Kingsport
Clinchtfield
Elk Holm City
Starnes
Ivestipate
Hutson
Boise
J. E. “Monty” Upchurch
France to Receive Two Warships Under U S Program
Under a foreign military aid program, France will receive two 1,240 ton destroyer escorts, Samuel P. Mills and Riddle, from the United States. They will be renamed Arabe and Kabyle when transferred to French service in August, with Ambassador Henri Barnet accepting them from Rear Admiral B. Schuitmann.
MENTIONED IN THIS ARTICLE
Washington
France
Philadel Iphia
Samuel P| “Mills
Riddle
Lin
Hensi ‘Barnet
BR. B. Schuitmann
iFourth Naval District
Defense Department
United
Nether
Indochina
Turkey
Cherokee Lake Levels Noted At 87 Feet Amid Flooding
A terse report records Cherokee Lake at 87 feet with Doughs Lake nearby at bank full levels as water management agencies monitor rising flood risks and potential impacts on nearby communities.
MENTIONED IN THIS ARTICLE
Cherokee Lake
Doughs Lake
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Weraeg R” P
Firvomasan
Howe
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U. S
Senemboy Magnuser
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Ieee
Trumann
Johnson
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Hurd
Hart
Gray
Chadwick
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Barbara Bartis
T. A. Tandy
State Highway Patrol
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Hiteers
Ie Fills
Camain Tandy
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Barris
Owhes
Hubert Wright
Morris
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Homer L
Buchanan County
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Rosa
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Brother
Smyth
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Coupe College
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D-tMass
Collins
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Joint Chiefs
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Atv
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Bao Seth
MG Hess
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