Soviet Economist Predicts Prolonged U.S. Economic Slump
A Soviet economist A Manukyan in New Times foresees a deep drawn out U.S. recession from Oct to Apr with an 8.2 percent drop in industrial production and 48 percent lower April 1949 vs a year earlier. He cites weak exports, rising bankruptcies, and limited recovery prospects amid heavy military spending. He notes postwar activity has lasted over three years, unlike 1920 21. He warns imports and consumer credit slump, but says armament expenditure could slow the depth of the crisis.
MENTIONED IN THIS ARTICLE
Wall Street
A. Manukyan
New Times
Federal Reserve
Manukyan
Department of Commerce
United States
America
Germany
Japan
Acco
Moscow
George Soriat
France
The
Literary Gazette
United States News and World Report
Japanese Scholar Matsui to Speak at Wisconsin Campus
Dr. Shichiro Matsui of Dashisha University Kyoto will discuss the Tosa Japanese Labor Movement at the University of Wisconsin on July 14. A 1927 Wisconsin alumnus, Matsui arrives in the United States on a Rockefeller foundation grant to study labor problems and American workers' education.
MENTIONED IN THIS ARTICLE
Madison
Wis
Shichiro Matsui
Dashisha University
Kyoto
Japan
University of Wisconsin
Tosa Japanese Labor Movement
Wisconsin
Pe Matsui
United States
Rockefeller Foundation
Bruntlett Hanged on 52nd Birthday in Council Bluffs Slaying
Corliss R. Bruntlett was hanged at the state penitentiary on his 52nd birthday for the killing of Percy Smith, a Council Bluffs livestock dealer. He lured Smith to his farm, forced the $9,800 check, burned the body, and confessed to the premeditated murder to repay gambling debts.
MENTIONED IN THIS ARTICLE
Fort Madison
Ila
Corliss R. Bruntlett
State Penitentiary
Council Bluffs
Bruntlett
Percy
J. E. Bennett
Smith
Hollywood-like Poster Control Proposed in Holywood
In Holywood County Down a council member proposes a local ordinance granting the council power to regulate and centralize poster advertising for Hollywood films amid local resentment toward the near-namesake in California.
MENTIONED IN THIS ARTICLE
Holywood
County Down
Erie
California
Chicago hosts 1949 summer home furnishings market
Thousands of buyers from across the country converge on Chicago for the opening day of the summer home furnishings market at the Merchandise Mart and Furniture Mart. About 25 000 buyers from 40 trade groups display 2 200 lines as the Furniture Mart marks its 25th anniversary with prices in line with consumer demand and sales expected this fall.
MENTIONED IN THIS ARTICLE
Chicago
America
Seott
Merchandise Mart
Furniture Mart
Erie government aims national drainage and irrigation push
Dublin reports the new Erie government will launch nationwide drainage and irrigation projects and asks labor leaders for economic development proposals. The plan seeks to keep workers employed and cut emigration to Britain.
MENTIONED IN THIS ARTICLE
Erie
Dublin
Britain
Madison Truck Drivers End Five Day Strike With Pay Boost
Madison truck drivers from local 442 AFL ended a five day strike by accepting a contract worth five cents more per hour retroactive to May 1. The union withdrew other wage demands. The note adds 1949 urbanization context with 57 percent living in cities and towns.
MENTIONED IN THIS ARTICLE
Madison
Wis
Local 442
AFL
Coal, Fuel Oil and Building Materials Union
Picket at Dairy Strike Faces Hearing in Shawano
In Shawano County a preliminary hearing is set for July 13 on assault battery and disorderly conduct charges against Arlie Paiser from a clash at the Consolidated Badger Cooperative dairy plant strike. Glen Allen’s resisting an officer charge was dropped after questions about deputy oath.
MENTIONED IN THIS ARTICLE
Shawano
Wis
Consolidated Badger Cooperative Dairy
Shawano County
Arlie Paiser
Glen Allen
Allen
Also Mentioned on This Page
U. S
By Eddy Gilmore
Josef Matocha
Oloumouc
Czechoslovakia
Josef Beran
Prague
Matocha
Lowan
Holywood Objects
Lacrosse Tribune
Lawrence H. Whiting
Whiting
Ad Department Store
Haiti
Biege
G Department Store
Tee Seabee
Orig
On Department Store
C. B. Dillet
Ly. Lloyd O. Warner
Senta
Horny
Softee Ann
Mary Lou
Horsman
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