Texas Solon Sees Doubled Defense Cost
Washington April 23 AP says defense spending will more than double next fiscal year with a terrific impact on the civilian economy. Rep. Mahon Texas, chair of the House appropriations subcommittee, noted strains on civilian output. William H. Harrison, defense production chief, predicted a rapid buildup and a gradual easing about 18 months hence. Mahon cited a 5.46 billion defense appropriation raising total to 48 billion for the year, but only 19 billion will be spent by June 30. Harrison warned the economy can absorb the shock if more funds are authorized for future deliveries. He added the public may have to do without some items for now.
MENTIONED IN THIS ARTICLE
Washington
Rep. Mahon
Texas
House Appropriations
the Armed Services
William H. Harrison
Harrison
American Trade Association
International Telephone and Telegraph Co
Mahon
House
Defense Department
Progress toward unified electrical code outlined by city officials
Ben Wheater Long Beach chief electrical inspector reports at the Master Electricians Association inner meeting progress toward a unified electrical code. The meeting, at 6 p m Thursday, is held at the Hill Top Cafe. Ken Sanderson screens colored motion pictures of Mexico, reflecting his extensive travels in that country.
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Ben Wheater
Long Beach
Master Electricians Association
Hill Top Dafe
Mexico
Ken Sanderson
Snowstorm Traps Californians and Anglers at Bucks Lake
An 11 inch snowfall trapped about 300 opening-day anglers at Bucks Lake in Plumas County as a winter storm hit Northern California. Snow and rain ended a 51 day dry spell in the Sacramento Valley and showers were forecast to continue over the mountains. County snowplows reached the marooned group, many lacking chains, and the area was then closed by authorities. Reports across the region noted heavy snow and rain with totals from Norden to Truckee and Sacramento.
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Bucks Lake
Plumas County
California
Sacramento Valley
Weather Bureau
Oldest Kansan Lucy Woodman Dies at 109 in Irving
Mrs. Lucy Jane Woodman, Kansas’s oldest resident, died in Irving today aged 109. She would have turned 110 on May 3.
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Irving
Kan
Kansas
Lucy Jane Woodman
Universal Freedom Sole Key to Peace Says Bunche
Dr. Ralph Bunche, U N diplomat and Nobel laureate, urged readers to set partisan divides aside during the MacArthur debate and support United Nations actions in Korea. He warned that mere military force fails without universal human freedom achieved through a democratic life.
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Bunche
Pee Alto
Ralph Bunche
U. N
U. S
Korea
America
Bank Shortage Scandal Ties Syracuse Trust Co
Syracuse Trust Co faced a $2,100,000 shortage traced to two bookkeepers and “other persons” as FBI charged them with conspiracy to defraud. Depositors were overdrawn by $2,000,900. bank president Harry W. Dais said some deposits were omitted. Milwaukee police dismissed eight officers in a separate report of larceny totaling $1,286.
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Syracuse
Klock
Leslie L. Root Jr
U. A
FBI
Syracuse Trust Co
Harry W. Daivies
Milwaukee
John
W. Polcyn
Bernard E
United States proposes three man arbitration over lend lease debt
Secretary of State Acheson proposed a three member arbitration panel to resolve the ten billion dollar lend lease debt Russia owes from World War I. The panel would have one appointee from each country and a third named by the Hague court president, with a final binding decision. The note demands immediate return of 672 lend lease naval ships including icebreakers torpedo boats landing barges and tankers.
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Washington
United States
Russia
Acheson
Alexander S. Panyushkin
Atcheson
U. S
International Court of Justice
The
Hague
Fat
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