Treasury in Red as Fiscal Year Ends in 1949
The 1949 fiscal year closes with a projected red ink figure near 31.5 billion dollars as Byrd warns the debt may rise to 36 to 38 billion without cuts. He cites record postwar spending by the Truman administration and calls for economy measures, tax hikes, or further borrowing. Some senators urge a 5 to 10 percent overall budget cut and defense items trimmed to reduce deficits. News polls show cautious support for economy.
MENTIONED IN THIS ARTICLE
Washington
United States Treasury
Harry F. Byrd
Byrd
LUS News and World Report
David Lawrence
the Magazine
United Tes
Sur
Truman
Congress
Walter F. George
Senate Finance Committee
Senate
Detroit
Mich
News
Omaha
Neb
Work-Hierald
Culver Summer Naval School Enrollment Report
David L. Nelson of Lebanon Route 3 is among 36 states the District of Columbia and five foreign countries to enroll in Culver Military Academy eight week summer camp. Admiral Harry E. Yarnell heads the naval program as the fleet’s headquarters is established in the new 150000 dollar Naval Building to be dedicated July 4.
MENTIONED IN THIS ARTICLE
Culver
Ind
David L. Nelson
R. H. Nelson
Lebanon
District of Columbia
Culver Military Academy
Nelson
Naval School
Harry E. Yarnell
Admiral Yarnell
Russia Claims Total Victory At Paris Conference
Soviet Foreign Minister Vishinsky says the western powers abandoned firm policy toward Russia as the Marshall Plan failed. He argues four power talks produced mutual concessions and accuses the West of secret Yugoslav talks with Britain. He cites U.S. officials’ replacements and dismisses Western denials, insisting four power communism was drafted by Soviet proposals.
MENTIONED IN THIS ARTICLE
Moscow
Amdrei Vashinsky
Russia
Paris
Pravda
Izteatia
George R
Potsdam Ag
Jist
Soviet Union
Britain
Vishinsky
TREK
Antitrust Suit Targets Du Pont and GM
U S Attorney General filed a civil antitrust action in Chicago federal court against the Du Pont Company General Motors Corporation and U S Rubber Co charging they form the largest single concentration of industrial power. Also named Christiana Securities Delaware Realty and Investment and 12 Du Pont family members. The suit alleges preferential pricing and market control through intercompany sales and holding companies.
MENTIONED IN THIS ARTICLE
Washington
Senate Passes 1949 Model Of Taft Hartley Labor Bill
Washington reports the Senate approved a 1949 model of the Taft Hartley labor bill by 51 to 42. The administration’s repeal effort was weakened by Taft amendments, creating a modified Taft Hartley version. The measure moves to the House, with President Truman poised to sign if enacted as is.
MENTIONED IN THIS ARTICLE
Senate
Washington
Fone
Robert A. Taft
House
Truman
Congress
A B Clark 77 Dies Early Today in Thorntown
A B Clark 77 of Thorntown dies after long illness at Witham hospital. He moved from Decatur County to Boone County in 1918 and farmed in southern and northwestern parts before retiring to Thorn Town. He was a member of the Methodist church and several fraternal orders. Survived by wife, brother Ermett Clark of Decatur County, sister Nellie Clark, a son Ronald and a daughter Glenn. Funeral services will be held at the Crain Funeral Home in Thorntown.
MENTIONED IN THIS ARTICLE
Thorntowen
Witham Hospital
Deratur County
Har Clark
Katherine
Midler) Clark
Tama
Manile
Boone County
Thorntown
Mie Edgerillg Methodist Church
Knights of Pythias Fudges
Order
Greensburg
Ermett Clark
Decatur
Nellie Clark
Decatur County
Ronald
Glenn
Saturda
Crain Yneral Home
Noble Cleared Of Two Charges
South Bend Indiana reports that St Joseph county prosecutor Wilford V. Wale reversed an earlier decision and announced a second reckless homicide charge against Robert D Noble of Iowa City Iowa would not be dropped. The charge related to the death of Notre Dame student Robert A Haller of Los Angeles. The second charge against Noble remains open and no trial date was given. The case arises from a October 1947 traffic death near Notre Dame and St Mary's campuses after a Notre Dame Iowa football game.
MENTIONED IN THIS ARTICLE
South Bend
Ind
St. Joseph County
Wilford V. Wale
Robert D. Noble
Towa City
Wale
Robert AL Hailer
Notre Dame
Los Angeles
Noble
Tabert Noble
Cts
Westere
St. Mary's
Edward Tee Noble
University of Iowa
Joseph A. Haller
Missarie Des Pres
U. S
Iowa City
World War II Veterans To Start Filing Bonus Claims July 1
World War II veterans may file bonus applications starting July 1. Local posts and Red Cross assistants will help veterans prepare forms at the Lebanon VFW home and the American Legion on West Main Street. The program requires original separation papers, outlines eligibility, payments, and deadlines, with district offices handling filings through January 4, 1951.
MENTIONED IN THIS ARTICLE
Beane
Red Cross
Apple
Woorthy
Applic
Brown Dolson
American Legion
Lebaner
Casey Nizris
Anerican
Oris Ashwell
Rhett Pond
Hoyland
Plana
Dolson Post
American iLesion
Legion Dei
Wermenday
Lebanon Veterans of Foreign Wars Post
V. F
West Main Street
Lebanon
Wayne Clinger
Glenn Cooper
Increased Gross Income Tax Set For Tomorrow
The revenue department announced a new gross income tax with surtax effects starting tomorrow. Aimed at quarterly filers, the rates range from one eighth to one quarter percent, plus individuals face one percent on annual income from January to June and another one percent for the last six months. Retail merchants, dry cleaners, and farmers see varying increases. Funds support veterans programs, with no immediate claims paid until sufficient money accrues. Total cost estimates and annual revenue from the surtax remain uncertain.
MENTIONED IN THIS ARTICLE
Revenue Department
Andries and Dry Cleaner
Arcus
Ain't Nothin To This Game Of Golf Hole In One Feat
An eight year old boy named Bobby Kirkwood achieved a hole in one at Wolferts Roost on the Pith hole after an 88 yard drive. His mother exclaimed in disbelief as the ball dropped into the cup, while Bobby remained modest about the historic shot.
MENTIONED IN THIS ARTICLE
Jane
Bobby Kirkwood
Bobby
Dees
Fourteen Hurt In Barge Explosion In Chicago Yard
An explosion aboard a steel barge at a shipyard in Chicago's south side injured fourteen workers, two seriously. Several were hurled into the Calumet River as windows shattered and nearby buildings suffered blast damage. Some victims were taken to South Chicago Hospital. one man was reported missing. The barge, under construction in a slip at 95th and Harvard, blew out its sides but did not sink. The cause remained under investigation.
MENTIONED IN THIS ARTICLE
Chicago
Lyard
Calumet Fiver
South Chicago Hospital
95Th
Harvard Streets
Boone County estimated to exceed 25000 population in 1950 census
Indiana law from the 1880s backs an estimate that Boone County will reach 25000 or more in the 1950 census. Assessors counted 6967 males in the county, and County Auditor J. Clark Mills says this implies a countywide population gain toward a 25000 threshold, with township male tallies listed.
MENTIONED IN THIS ARTICLE
Indiana
Boone County
J. Clark Mills
Pape County
Center
Sugar Care
Jackst Marion
Jefferson
Worth
Clinton
Perry
Union
Harrison
Frankfort Man Tenders Low Bid for Bridges
J Clark Mills announces TJ Fisher, Frankfort bridge contractor, submitted the low base bid for eight bridges in the county. The bid at 1935 is far under the cost estimates by county officials and four other bids were received. Lenton Pay notes four bridges require relaying and extensive repairs. bridges span Eagle and Sugar Creeks across several county sections.
MENTIONED IN THIS ARTICLE
J. Clark Mills
TJ Fisher
Frankfirt
Mills
Fisher
SBM Good
Chico
Focal County High
Fagle
Sugar Creeks
Coal Miners To Resume Work In Short Week Change
John J. Lewis ordered soft coal miners to return to work next Tuesday and work three days a week until a new wage agreement is negotiated. The contract expires midnight tonight and the order covers mines across North South and Midwest plus steel mills with five days a week for Mississippi River areas.
MENTIONED IN THIS ARTICLE
White Sulphur Springs
W. Va
Lewis
Midwest
Steele Iiles
Mississippi River
Girl Who Sought To Slay Eddie Waitkus Held To Grand Jury
Ruth Steinhagen, 19, held to the grand jury under $30,000 bond for attempted murder of baseball star Eddie Waitkus after luring him to a hotel room with a note promising a discussion. Philadelphia Phillies first baseman Waitkus testified the shooting occurred near the heart on June 14. Court psychiatrist Dr William Haines described Steinhagen as schizophrenic and immature, with plans to place her in a mental institution by nightfall.
MENTIONED IN THIS ARTICLE
Chicago
Ruth Steinhagen
Eddie Waitkus
Matthew Hartigan
Waitikus
Philadelphia Phillies
William Haines
Federal Court Jury Returns Verdict Today
A federal court jury returned verdicts in a sensational espionage case involving a young woman identified as Caplan. The jury found her guilty on two counts, one alleging intent to pass secrets to Russia and another for stealing secret documents from the Justice Department.
MENTIONED IN THIS ARTICLE
Russia
Norford Sant
Justice Department
Nerford
Geri
Army seeks college women for Asia Pacific service clubs
The Army recruiting call seeks women aged 18 to 40 with experience in recreational work to staff army clubs in the Pacific theater including Japan Guam and Korea. Positions include arts dramatics and music roles with salaries from 724 to 6727 plus foreign duty differential. librarians aged 21 to 40 may join with college or two years of college substitute for experience. Contact Mrs Jeanne C Representative Overseas.
MENTIONED IN THIS ARTICLE
Army
Pacific Theater
Soli
SRV
Wea
Japan
Guam
Korea
Or Seas
Jeanne C
Representati
Also Mentioned on This Page
Judith Coplon
U. S. Treasury
Culver Summer Naval School
A.B. Clark
Judith Copion
Fon
Otis
Hovland
Amece Veterans Organization
Inter States
Continental
Abrie
Veterans Affairs Commission
Commission
State Department
New Surtax
Tom Low
South Side
Frankfort Man
Dent
Archibald Palmer
Palmer
Rebecca Coplon
Hertram
Paul A. Reser
Norford
Pacific
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