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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Jan 27, 1948

Page

1

US Top Officials Named Insiders in Stock Trading

A Senate, ambassador, and budget aide named as traders by the Agriculture Department list Frank Pace Jr and others, with family members and aides linked to federal positions. The disclosure follows suspensions of three USDA staff for commodity speculation and a broader probe of 20 more insiders.

U. S Ashington Agriculture Department Anderson Frank Pace Jr James Bruce Argentina Elmer Thomas D.okla Edith, Thomas Ebiet Division of State Department Jesse B. Gilmer Production and Marketing Administration Awas Lst

French Premier's Gold Trade Bill Faces Defeat

Paris January 27 The finance commission of the National Assembly disapproved Premier Robert Schuman's gold trade bill by 17 to 15 with five abstentions. The measure would impose a 25 percent levy on prior holdings and allow conversion to francs or dollars, with penalties for noncompliance by July 1. The devaluation of the franc yesterday remains unaffected.

Paris Finance Commission French National Assembly Frobert Schumian France Robert Schuman

Long Beach News Briefs and Page Nine Items

A scanned roster of brief news items and page references mentions a man killed in Long Beach while a separate weather note cites high tides. Other items include parking changes, religious persecution in China, estate deficits, Russia demanding Austria payment, and assorted sections across pages A and B with sports theaters and women’s activities listed.

Long Beach Page Alabama Mississippi Russia Austria

Iraqi cabinet resigns after riot with 70 dead

The Iraq cabinet resigned amid riot violence that left about 70 people dead. Premier Saleh al Saud announced his decision to stay to enforce an accord with Great Britain while the cabinet’s resignation was submitted and accepted. Earlier four ministers and 34 deputies had resigned.

Baghdad Iraq Salehabr Great Britain Abdullah Chamber of Deputies

Third Frigid Wave of Week Moves East

The third cold wave of the week spreads from central Canada into the Midwest and eastern States. Temperatures near 30 below are reported in northern Minnesota and North Dakota with zero to subzero levels across Wisconsin Michigan Iowa and Indiana. The Ohio River remains ice clogged delaying barge traffic from Cincinnati to Mayersville as cold-related deaths mount across 16 states. New York City foresees another snowstorm while New England endures bitter lows and a long winter record is approached.

Midwest Canada Dakotas Minnesota Central Station Rocky Mountain Ohio River Evansville Ind Cincinna Mayersville Miss Mercury Wisconsin Michigan Iowa New England Rockies Ohio River Valley Texas Arkansas Tennessee Colorado Leadville New York City Metropolis New York

Potent Stuff Water Has Kick After Surgery

Dr. Robert Elman of Washington University warned at a surgeons meeting that patients may become salt deficient after operations. He said within two or three days a patient can enter an acute shock state from drinking too much water, effectively getting drunk on water.

Atlanta Robert Elman Washington University American College of Surgeons

IA FLO Asks Probe Into Profiteering

Miami Florida January 27 The executive council today proposed sweeping congressional investigation of profiteering and asked for presidential authority to impose limited price controls and ration scarce commodities. William Green warned prices may not be restrained in time to avoid wage demands.

Miami Fla Council Today Congress William Green Senate Alu

Oil exports ban urged as fuel shortages loom

A Senate committee proposal and House testimony warn of a US oil shortage. Undersecretary Foster says imports may fall if exports halt, risking collapse in dependent nations. Senator Bridges calls for direct action, noting 24 million barrels allocated for abroad shipments in Q1 1948 and total exports of 167.5 million barrels in 1947.

William.c. Foster Commerce United States House Congress Senate Wolverton R-N.j House’ Committee Foster Sei Bridges RN. H New England Tim Commerce Department

Fordham Records Distant Temblor Net New York

A sharp earthquake about 380 miles from New York was recorded today at Fordham University seismology station. Officials described the temblor as distant but felt in the area, with no immediate reports of damage or injuries.

New -York New York Fordham University

Truman Ousts Reserve Board Chief Eccles

President Truman reshuffles the Federal Reserve Board leadership, demoting Chairman Eccles and planning to appoint a new member to fill the vacancy created by the death of Vice Chairman Ransom. Capehart cited concerns over inflation and policy differences on bank credit measures in the move.

Washington A.P Truman Federal’ Reserve ‘Board Ing Thomas Bayard Philadelphia White ‘House Eccles Ransom Capehart Ind The Treasury Snyder Meas Nak Congress Senate House- Banking Wok Snyder McCabe

Coast Village in Moclips Destroyed by Fire

Fire whipped by strong winds razed two thirds of Moclips business district 27 miles north of Hoquiam. A post office, garage, grocery, cafe and gift shop burned. five homes destroyed. One unidentified homeowner suffered minor injuries.

Hoquiam Wash Moclips

Poisoned bank crew shocks Tokyo in mass murder hunt

A Tokyo bank robber wearing a ward badge gained entry to the Teikoku Bank Shiina-Machi branch and distributed a colorless medicine to 16 staff. Twelve died, two more were dying, and four remained gravely ill as police hunted a 45 year old suspect with white hair and a large nose. Surviving workers described a doctor like role and rapid, deadly effects.

Okyo Tokyo Shiina-Machi Teikoku Bank Toshima Takejiro Yoshida Yoshida

Truman Creates Emergency Board Over Rail Wage Dispute

President Truman formed an emergency board under the Railway Labor Act to investigate a wage dispute involving about 125 000 railroad operating workers. The unions have called a strike for February 1, and the board has 30 days to hearings and report to the White House with a 30 day cooling off period before any strike. Named carriers include the Brotherhood of Locomotive Engineers the Brotherhood of Firemen and Enginemen and the Brotherhood of American Railroads. The action aims to prevent disruption of commerce and essential transportation.

White House Brotherhood of Locomotive Engineers Brotherhood of Firemen and Enginemen Tehrrien's Union of North America Asvusual

Truman Plan Rejected by 19 to 5 Vote

The House ways and means Committee voted 15 to 9 for a Republican 6.3 billion tax cut and rejected President Truman's counter plan. The bill moves to the House, with Senate action possible next week. The measure would cut income taxes for 52 million Americans and refund overpayments, while extending credits and exemptions for the elderly and the blind. Democratic leaders plan a mass meeting to resist the Knutson bill.

Washington House Ways and Means Committee Truman Congress Senate Knutson R.minn Ways and Means

Icy chain of slips causes farm injuries at STAMPS

In STAMPS Arkansas on January 27 Mrs Dolly Knott slipped on ice while feeding livestock and sprained her ankle. Her sister Mrs Mattie LeMay went to help and fractured a wrist, while game warden Clint LeMasua sustained a leg injury.

Stamps Ark Dolly Knott Mattie LeMay

Also Mentioned on This Page

Stanley Nordberg Minneapolis Associated Press U. K IA Flo Fordham Temblor Reserve Board Coast Village Aisne Iineapolis Associatad ‘Pras WiFaphoto
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