Kaiser Seeks Probe of Steel Subsidy and RFC Write‑offs
Kaiser calls Senate committee inquiry into RFC actions he says handed U S Steel a 160 million subsidy. He denies an 85 million write‑off on the Fontana loan, urges action against a steel monopoly, and plans a meeting with 11 western states to press the case.
MENTIONED IN THIS ARTICLE
Oakland
UPI
Henry J. Kaiser
Senate
Reconstruction Finance Corporation
U.S. Steel
West Coast
Fontana
Sen
Ferguson
Mich
Brewster
Ri Maine
Tve
Republican
Democratic Party
Washington
Howard Hughes
Kaiser
U. S. Steel
Geneva
Utah
RFC
Inan
World Bank Financing Seen for Marshall Plan
A.P. reporting from Washington indicates the international monetary fund and world bank will likely participate in the Marshall plan. Camille Gutt and key officials prepare to discuss aiding European recovery with a 16 nation committee, potentially easing US funding needs.
MENTIONED IN THIS ARTICLE
Ashington
A.P
World Fund
Europe
Camille Gutt
Paria
Ashough
John J. McCloy Alkeady
I Fund
Bank
United States
State Marshall
Gutt
E. M
France
Netherlands
V J Day Fire Burns 55 at Johnstown Celebration
A V J Day skyrocket exploded over a Johnstown Pa grandstand injuring 55 people. The burning magnesium caused panic but police and firemen acted quickly. Some injured were treated at a Red Cross tent and others rushed to three area hospitals.
MENTIONED IN THIS ARTICLE
Johnstown
Manhattan Project Ends as Civilian Atomic Energy Commission Forms
Aug 15 report says the Manhattan Project ceased to exist as a paper organization when control moved to the civilian Atomic Energy Commission on Jan 1. Armed Forces Special Weapons Project heads the new Army Navy research body. Maj. Gen. Leslie Groves, who ran the bomb plants, criticizes postwar delays and says atomic energy remains largely a military project with potential industrial power decades away.
MENTIONED IN THIS ARTICLE
Washington
Manhattan Project
Army
Civilian Atomic Energy Commission
Manhattan Projet
Armed Forces ‘Special Weapons Project
Army-Navy
Groves
Car Plunges Off Cliff Kills Two Brothers Near Happy Camp
YREKA August 14 police report two brothers Richard Arndt 65 and Frederick Arndt 69 were killed when their car fell 500 feet into the Klamath River four miles east of Happy Camp in Siskiyou County late Wednesday. The tragedy was confirmed by authorities this morning.
MENTIONED IN THIS ARTICLE
Yreka
Richard
Arndt
Frederick
Klamath River
Happy Camp
Siskiyou County
Russ Turned Down on Vienna Oil Field Grab
Vienna Aug 15 Soviet high commissioner Gen V V Kurasov rejected US and British protests over the seizure of Lobay oil plant in the Soviet zone. Russians said the German asset is in the Russian area and denied Allied Control Commission authority or military involvement. The plant tied to Zistendorf fields was owned by a German subsidiary of Socony Vacuum and Anglo-Saxon Shell. Kurasov also rejected a US offer to supervise the Soviet zone by distributing food, arguing it would threaten Austrian independence.
MENTIONED IN THIS ARTICLE
Vienna
Serzice
Lown
V. V. Kurasov
Austria
2One
Zistendorf
Socony Vacuum Oil Company
AngloSacon
Shell) Petroleum, Ltd
Kura3ov
U.S
Number of Jobholders Expected to Drop Soon
Washington August 15 The United States Employment Service projects about 60 million jobs to falter this year driven by veterans returning to school farmers laying off harvest workers and other seasonal factors. About 2.6 million people are jobless now with 3 million more expected unemployed by year end but not necessarily higher unemployment. World War II veterans total 12,044,000 employed with 700,000 veterans still seeking work and more than a million enrolled in schools or colleges.
MENTIONED IN THIS ARTICLE
Washington
United States Employment Service
Office of War
Robert C. Goodwin
USES
Goodwin
SIU
Aids
Colts
Stocking
Louis Levine
Local Co op Couples Return From Sierra Meet
L B Couples return from a week in the High Sierras after attending a National Co operative Association meeting. Mr and Mrs Bevjer Robinson hear an informing talk by Dr E R Bowen, executive secretary of the Cooperative League of the U S A. The group plans to attend a semiannual cooperative meeting in Santa Monica on Sunday August 17 to discuss voting procedures and entry of Associated Cooperatives into manufacturing.
MENTIONED IN THIS ARTICLE
Bevjer Robinson
C. L
Fred C. Greeley Rej
High Sierras
National Co-operative Association
E. R. Bowen
Cooperative League of the
Santa Monica
Also Mentioned on This Page
Tom Breneman
Hollywood
Colonial Motel
Dominic Deamelia
Faneuil Hall
Boston
Mercury
Associated Press
L. B
Bunn
Atlantic
Robida Supply CO
Curry ST. Long Beach
Calif
Husky
Western Giants
Milexgeselt
Sara Tse
Western Auto Supply
Anaheim
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