Truman Ends Dispute With Reserve Board Over Inflation Fight
President Truman seeks a settlement with the Federal Reserve Board on anti inflation measures. He rebuked Fed officials as he proposed constraints on monetary policy, arguing to maintain government security stability while restraining private credit expansion. The clash centers on open market operations and the level of money in circulation affecting interest rates and the budget.
MENTIONED IN THIS ARTICLE
Truman
Federal Reserve Board
Phonies
McCahe
Keanomle
Fed
Roosevelt
Federal Reserve
Wwe
Keeler
Tates Atiield
Federal
Tee Reyes Danica Deve Pareendortly Art Limited
Jeredit
Secretary of the Treasury
Snyder
Doped She Asserts Gets Annulment in Los Angeles
In Los Angeles on February 27, Mrs. Eileen A. Allman 20 testified she was doped when she wed actor Delbert D. Allman 21. The marriage, July 12 in Yuma Arizona, was annulled after she claimed marijuana was given to her by Allman at the time of the wedding.
MENTIONED IN THIS ARTICLE
Los Angeles
Eileen A. Allman
Delbert D. Allman
Arizona Water Plan Held Curb on War Effort
Washington reports Rep. Clair Engle charged that the Central Arizona Project would hinder national defense by diverting steel cement and labor from military needs. He cited potential use of material for a military highway and warned of huge interest costs. The plan delays reclamation work until after the current national emergency ends.
MENTIONED IN THIS ARTICLE
Arizona Water Plan
Washington
Clair Engle
D.calif
Central Arizona
National Defense
Engle
House Interior Committee
John R. Murdock
D.ariz
Flo
Atlantic
Pacific
Oscar J. Chapman
Murdock
Quadruple Amputee Smith Receives Support From Veteran
In Ashington Pennsylvania a war veteran recovering at Walter Reed received encouragement from James Wilson, a World War II quadruple amputee. Wilson flew from Colorado to meet Smith, who lost all four limbs in a 1944 capture. Smith held his first news conference since December surgery as his mother’s son Howard returns from Korea. A Philadelphia concert raised funds for the Bucks for Bob campaign, surpassing $90,000 toward Smith’s future. The Pennsylvania American Legion will announce the total at a dinner in Philadelphia.
MENTIONED IN THIS ARTICLE
Corp
Howard Smith
Korea
Howard
Philadelphia
Academy of Music
Philadelphia Inquirer
American Legion
Bob
Smith
Pennsylvania Department of the American Legion
Allman
Cotes
Prague Plans Industry Boom Under Communist Drive
The Communist Central Committee raised Czechoslovakia’s 1953 industrial target by 41 percent, focusing on heavy industry to boost independence from the capitalist West. Output by 1953 was set to be 58 percent higher than 1948, beyond the original 57 percent rise. Moscow prompted shifting trade to Russia and satellites with higher imports of Soviet agricultural products and more exports of manufactured goods.
MENTIONED IN THIS ARTICLE
Prague
Czechoslovakia
Communist Central] Committee
Russia
Moscow
Soviet Union
College teachers to aid VA patients at Long Beach
City College instructors will teach classes at Long Beach Veterans Administration Hospital. The Board of Education acted yesterday to have 15 patients per class. The program will not interfere with instructors regular class schedules and many patients participate in studies approved with Long Beach Unified School District cooperation.
MENTIONED IN THIS ARTICLE
City College
Long Beach Veterans Administration Hospital
Board of Education
Long Beach Unified
City to Open Bids on Alley Jobs March 27
City Council set to open bids March 27 at 11 a m for six 1911 Improvement Act alley projects totaling an estimated 23370 dollars to be paid by assessment districts. Projects include alleys north of 68th Way Orcutt to Murial Ave and alleys along Pacific Ave Walnut Ave Seabright Ave Bixby Rd Bennett Ave Osgood St Locust to Elm Ave.
MENTIONED IN THIS ARTICLE
68Th Way
Orcutt
Murial Ave
Pacific Ave
36Th
37Th Sts
Walnut Ave
3Th St
Bixby Rd
Seabright Ave
Hill
Bennett Ave
Anaheim
Osgood St
Locust
Elm Ave
Purges Cut Deeply Into Red Strength
The piece notes rising fear in Communist parties across the Soviet bloc as vast purge actions remove tens to hundreds of thousands from party rolls in Czechoslovakia Hungary Romania Bulgaria Poland and Albania. It cites Vlado Clementis arrest and questions trust within ranks amid accusing rhetoric and Titoist suspicions.
MENTIONED IN THIS ARTICLE
Moscow
Kremlin
Czechoslovakia
Vlado Clementis
Hungary
Romania
Bulgaria
Poland
Albania
Russian Empire
Stalin
Also Mentioned on This Page
Robert L. Smith
Wilson
University of Colorado
Design News Magazine
Baas Rambler
Popular Mechanics
America
Severin Motors. Inc
American Ave
Weston
Complete & Popular Mechanics Report
the Statesman Geedd
Tor Corn
Defra
Michigaw
U. S. Far East Air Force
Air Force
U. S. Army
Smith Brothers
Hera
LA Couch
Stock Exchange
Exchange
NEW York Stock Exchange
Dean Witter & CO
First St
Pine Ave
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