Armistice Seen as End of Price and Wage Controls
Sen. Aiken asserted that an armistice in Korea could end the need for price and wage controls. President Truman signed a stopgap bill extending controls to July 31, freezing ceilings and delaying rollbacks. OPS warned a rollback ban could cost consumers about 10 billion annually. Production materials tightened for defense, civilian goods spared for now. Aiken argued settlement would lower prices, reducing justification for controls.
MENTIONED IN THIS ARTICLE
Washington
PI Sen. Aiken
R-Vt
Korea
Congress
Aiken
Truman
House
Senate
Michael V. DiSalle
DiSalle
Office of Price Stabilization
OPS
Sen. Aiken
Western Union Balloting On Raise Delays Strike Action
About 35,000 Western Union Telegraph Co employees planned to strike but are voting today on a 17 cent hourly wage increase. The strike was postponed indefinitely as federal mediator Mandelbaugh reviews a tentative settlement offering 13 cents now and 4 cents after September, with 8000 messengers getting immediate 74 cents then 2.5 cents after September, all pending Wage Stabilization Board approval.
MENTIONED IN THIS ARTICLE
Washington
Western Union Telegraph Co
AFL Commercial Telegraphers Union
CTU
Western Union
New York City
New York
J. R. Mandelbaugh
J. J. Wilcox
Corregidor Rock Gift To Truman In Independence Parade
In Manila on July 2 1946 President Truman will receive a 200 pound chunk of Corregidor Island on July 10 as part of Philippine independence celebrations. Maj Manuel A Acosta and a American veteran will present the rock in Washington. The slab carries inscribed bronze plaque detailing the island’s defense and smaller fragments will be mailed to officials and state governors.
MENTIONED IN THIS ARTICLE
Manila
Truman
Corregidor Island
Maj
Manuel A. Acosta
Bataan
Corregidor
Washington
Acosta
Philippines
Five Servicemen Die in N. J. Crash at Fort Dix
A C 47 transport crashed near Maguire Air Force Base in fog and pine trees, killing five airmen from Kirtland Air Force Base New Mexico. Four others were seriously injured, two injured badly, and one Navy lieutenant survived with minor injuries. The dead were all military personnel from Kirtland. One survivor was a lone female air force member, and Reaves Baysinger, former Navy quarterback, escaped with minor injuries.
MENTIONED IN THIS ARTICLE
Fort DIX
N. J
Air Force
Kirtland Air Force Base
Albuquerque
N. M
Maguire Air Force Base
Kirtland
New Jersey
WAF
Navy
Reaves H. Baysinger
Syracuse
Korea
Philippine Sea
Ridgway Given Full Authority on Korea Armistice Talks
General Ridgway has full authority and instructions to handle the Communist proposal to open armistice talks in Korea. U N officials expect consultation with Washington before the next move, with proposed dates July 10 to 15 near Kaesong. Terms under consideration include a 20 mile buffer and UN cease fire inspection of forces through a UN commission to prevent violations.
MENTIONED IN THIS ARTICLE
Washington
Matthew
Ridgway
United Nations
Kaesong
Korea
State Department
Jreaves
Connally D.texas
Senate Foreign Relations Committee
Sen. Wiley
R.-Wis
Indochina
Burma
Sen. Mundt
RS. D
Causon
Mundt
United States
Eer
Tokyo
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