Senate panel approves $1.5 billion corporate tax increase
The Senate finance committee unanimously backs President Truman's plan to raise corporate taxes to 45 percent top rate, applying from July 1 1950 with 25 percent on the first 25000 of income and 43 percent above that. Truman expects an excess profits tax later, aiming to curb inflation while avoiding delaying the main proposal.
MENTIONED IN THIS ARTICLE
Senate Finance Committee
Truman
Mr. Truman
America
An &Ex
White House
Congress
Russian Ships Concentrate in Korea Area
New York August 10 AP report notes mysterious large scale movements of the Russian merchant fleet near Korea. The American Merchant Marine Institute says floating dry docks vessels and supplies gather at Vladivostok amid long voyages from Odessa and Baltic ports. The study cites possible military material transfers and mentions Soviet transfers of dry docks and repairs at eastern German yards.
MENTIONED IN THIS ARTICLE
New York
Korea
U. S
Vladivostok
Siberian
American Merchant Marine Institute
Pacific
Institute
Black Sea
Odessa
Baltic
Mediterranean
Constanza
Batum
Suez
Viladivostok
Black Seal
Tiran
Russia
Chinnampo
North Korea
Germany
Eronium
Et Ie
Liner Removes Red Suspects From Crew
San Francisco August 10 The liner President Cleveland sailed toward the Orient nearly on schedule after nine Marine Cooks and Stewards Union members were screened. Coast Guard patrols conduct loyalty checks on foreign-bound vessels amid security concerns.
MENTIONED IN THIS ARTICLE
San Francisco
Cleveland
Orient
Marine
Nion
Coast Guard
U S Fleet Arrives in Beirut for goodwill visit
Six U S ships led by the heavy cruiser Salem pulled into Beirut Lebanon for a goodwill visit. Vice Admiral John Balentine commands the visiting group and the fleet will stay until Monday.
MENTIONED IN THIS ARTICLE
U. S
Beirut
Lebanon
Salem
Adm
John Balentine
Senate Clash Over Security Bills Expected
Senate leaders from both parties move toward tougher home front security measures. The chamber passed three internal security bills without dissent, while a major partisan clash centers on a Mundt Ferguson Johnston bill to require registration of Communist and front organizations. Democrats prefer a milder measure drafted by Justice Department officials aligned with a Truman administration message.
MENTIONED IN THIS ARTICLE
Washington
Senate
United States
Sens. Mundt
R-S. C
Ferguson
Mich
Johnston
D.S. C
Justice Department
Truman
Congress
Heavy Rains Hit North Luzon Crops and Roads
Ten days of heavy rains flooded much of Northern Luzon Island, damaging crops extensively. Landslides and washed out bridges have made many roads north of Manila impassable as the storm moves northward. Weather officials expect the storm to be 300 miles from Formosa’s north tip by tomorrow afternoon.
MENTIONED IN THIS ARTICLE
Manila
Luzon
Weather Bureau
Formosa
Tides and Temperatures Sunrise and Sunset Times
Weather data lists daily sunrise at 6 12 a m and sunset at 7 44 p m with moon rise 3 52 a m and moonset 6 53 p m. Tidal highs at 9 53 a m and 8 29 p m reach 4 0 and 6 2 feet, lows at 3 18 a m and 2 25 p m read -0 5 and 25 feet.
MENTIONED IN THIS ARTICLE
U. S. Coast and Geodetic Survey
Walker's Korea Gamble Boosts Pusan Defense
Lt Gen Walton H. Walker ordered a southern front offensive that thinned the Naktong defense and moved American divisions toward a main attack. The initial push stalled, but bridgehead actions and flanking maneuvers by the Fifth Marines and Fifth Infantry Regimental Combat Team helped prevent a North Korean breakthrough toward Pusan, preserving the supply port and keeping the line intact.
MENTIONED IN THIS ARTICLE
U.s.eighth Army
Korea
Walton H. Walker
U. S. Eighth Army
Pusan
Naktong River
Chinju
Walker
Fifth Marine Regiment
Fifth Infantry
Hawaii
Naktong
Screen Writer Sues Doctor for $231,000 in Malibu Case
Hollywood Aug. 10 Manuel Seff, screen writer, seeks 231000 dollars in damages from Dr Norman A Levy Bel Air psychiatrist claiming a fall on a pile of bone bricks at Levy s home in January left him crippled and unable to work.
MENTIONED IN THIS ARTICLE
Hollywood
Manuel Seff
Norman A. Levy
Bel Air
Levy
Jan. Co
Truman Satisfied With MacArthur's Handling of Korea
President Truman said he is satisfied with Gen Douglas MacArthur's conduct as UN and American commander in Korea. He declined comment on MacArthur's Formosa trip controversy and noted Harriman's report echoed to him. Truman affirmed he appointed MacArthur and is in agreement on policy, with no sign of appeasement among critics.
MENTIONED IN THIS ARTICLE
John M. Hightower
Washington
Truman
Douglas MacArthur
United Nations
Mander
Far Rast
MacArthur
Formosa
W. Averell Harriman
Tokyo
Harriman
Gen. MacArthur
United States
Ped
Hackman
Britain
India
China
Asia
State Department
White House
Generalssimo Chiang Kaishek
Formoss
Chiang
Far East
White House pushes to avert rail strike in Korean War era
Washington August 10 UP The White House makes a new effort to prevent a major railroad strike amid the Korean War. About 300000 conductors and trainmen seek a 40 hour week as John R Steelman meets with railroad and union leaders in closed sessions. A telegram from railroad leaders urged seizure of properties until fairness is achieved. Senate actions and a labor committee reaction shape the dispute.
MENTIONED IN THIS ARTICLE
Washington
White House
Truman
Serelat
John R. Steelman
National Mediation Board
Senate
Sen. Morse
Ore
Www
P. Kennedy
Brotherhood of Railroad Trainmen
RR. Oo
Ted
Sen
Donnell R.mo
Morse
Senate Labor Committee
Donnell
Ordered to Trial in Anti-Red Riot
Huntington Park reports Frank Zaffine ordered to stand trial in Justice Court on September 18 for riot charges connected to an anti union disturbance at a Chrysler plant. The judge denied prejudice and said political beliefs have no bearing on the case.
MENTIONED IN THIS ARTICLE
Huntington Park
Frank Zaffine
Justice Court
Aywood
Chrysler
Zaffine
Stanley Moffatt
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Warren Teuber
Marilyn
U.K
Alpha Beta
Facrth
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Geleoram Cookbooks
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Arthur J. Williams Jr
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Waegwat” . Nosak
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TAEGU
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Samhy
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Sues Doctor
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