Editorial calls RFC a scandal-ridden relic to be junked
The piece argues the Reconstruction Finance Corporation, born in crisis, has outlived its purpose. It notes RFC served 1930s needs and wartime finance, then became unnecessary as private credit expanded. It urges ending RFC, transferring defense lending to Defense Mobilizer Wilson and leaving civilian loans to private banks. It warns ongoing taxpayer-funded loans stain public trust.
MENTIONED IN THIS ARTICLE
Washington
Congress
Reconstruction Finance Corporation
RFC
Jesse Jones
Defense
Wilson
Argentina Atomics Claim Sparks Skepticism Amid Conference Timing
The article questions President Peron's claim of a new cheaper method of producing atomic energy in Argentina. Critics note lack of independent verification, point to timing before the Inter-American foreign ministers’ conference, and suggest potential political motives. Foreign Minister Jaramillo of Colombia voices cautious skepticism about the claim.
MENTIONED IN THIS ARTICLE
Jaramillo
Colombia
Peron
Inter-American Foreign Ministers
Argentina
United States
Russia
Lifeguards’ 1950 work load outlined in city report
Captain Roy J. Miller details a busy year for Long Beach lifeguards with 674 rescues, 1263 first aid incidents, and 187 lost children returned to parents. He urges beachgoers to follow safety rules and supervise children, noting the service’s heavy demand and the need for responsible behavior.
MENTIONED IN THIS ARTICLE
Roy J. Miller
Long Beach
Miller
Lifeguard Service
Capt. Miller
Junior
Women Congress Members Stage Five Basket Act Drama
In a dramatic House hearing billed as entertainment, five Republican women use staged baskets to compare purchasing power from 1919 to 1951 on income tax day March 15. Frances Bolton leads. Marguerite Church, Cecil Harden, Ruth Thompson, and Katharine St. George present baskets with food items to illustrate inflation and policy impacts. The act ends with critique of Truman administration and inflation.
MENTIONED IN THIS ARTICLE
Senate Crime Investigating Committee
Congress
House
Sr. Speaker
America
Indiana
Cecil M. Harden
Michigan
Ruth Thompson
Bolton
Truman
Hankin
New York Herald Tribune, Inc
Basement Complex Defined as Geological Term
A reader notes a misapplied psychoanalytic term and cites Webster’s New International defining basement complex as the geologic assemblage of metamorphic and igneous rocks underlying stratified rocks in a region. The quip ends by affirming a basement complex in geology and rejecting the erroneous shopping metaphor.
MENTIONED IN THIS ARTICLE
Webster
New International
Christian Science Monitor
Iran Weak Link in Chain of Freedom
The piece argues Moscow seeks broad war only with the West and cites Iran as a weak spot. It criticizes Britain and the United States for bungling Iran policy after World War II, noting Anglo-Iranian Oil Co concessions, aid failures, and a damaged Western image. Russia capitalizes on these failures amid Razmara’s assassination.
MENTIONED IN THIS ARTICLE
Iran
Kremlin
Russia
Germany
Yugoslavia
United States
Soviet Union
Moscow
Kremlins
Free World
Indochina
de Tassigny
Southeast Asia
U.N
Korea
Britain
Anglo-Iranian Oil Co
U. S
Saudi Arabia
Congress
Tehran
Nestiess
Razmara
Ruussia
Churchill May Yet Turn Tides for Conservatives in Commons
British Conservatives led by former Prime Minister Winston Churchill wage a long run strategy to topple Attlee's Socialist government. They seek to delay routine business to exhaust the house while socialists face late hours and limited transport home. A budget presentation in three weeks may decide the critical moment.
MENTIONED IN THIS ARTICLE
Britain
Winston Churchill
House of Commons
Churchill
Attlee
London
Just Folks and the New Typewriter Hype
A whimsical piece by E A Guest praises a modern typewriter, imagining its impact on political rhetoric and daily work. It playfully notes the machine’s friction with old habits, hints at a counting device in a money-flagged theft context, and muses on relative time and fame.
Airport funds eyed for Long Beach aid plan
Long Beach officials say the president seeks 2 477 060 for airport aids if congress allocates it. Police chase an escaped monkey through city streets to a rooftop before animal shelter workers rescue it and return it to its owner. Deposits totaling 53 million from seven Long Beach banks are reported. Municipal Judge Percy Hight replaces Harry J Moore as Optimist Club president. City Hall prisoners amid demolition plans spark questions about temporary housing. Population up 20 percent since last federal census per Newspaper Feature Bureau estimates. A Chinese Red team scores against Russian players who brought their own rules and referee in a rare game remark.
MENTIONED IN THIS ARTICLE
Long Beach
Congress
Eighth St
Pacific Ave
Percy Hight
Harry J. Moore
Optimist Club
City Hall
Newspaper
Feature Bureau
Wheeling
W. Va
Long Beach Press Gelearam masthead and notices
Long Beach Press Gelearam details ownership editors and office at Fett Street c and Fine Avenue Long Beach California with publication schedule subscription rates and postage information. The document lists W Price as President Neva Price Paddock as Vice President and a secretary-treasurer, advertising and circulation notes, and copyright rights statements.
MENTIONED IN THIS ARTICLE
W. ¥. Prise
Neva Price Paddock
Fett Street c
Fine Avenue
Long Beach
Calif
Readers' Opinions on Forum Current Affairs
A set of readers letters criticizes city bus service and election-time excuses by Councilman Carleson. Bruce Galbraith, G. York, and Harry Friendson argue about public utilities, communism, and tax policy, urging accountability and competent leadership.
MENTIONED IN THIS ARTICLE
Press-Telegram
Bazil Carleson
Carleson
Bruce Galbraith
Linden Ave
Controversial Bathing Beauty Contest Idea Emerges
An article notes Catalina Inc and Pan American World Airways eye a Hollywood Miss Universe contest to rival Atlantic City's Miss America. Winners would be Miss Universe with runners up possibly Miss Milky and Miss Solar System, sparked by claims Miss America has become too high toned for bathing suits.
MENTIONED IN THIS ARTICLE
Catalina, Inc
Pan American World Airways
Atlantic City
Hollywood
Clarice
St Louis Post- Dispatch
Not Extinct Says Commerce Reports Growth in Business Units
The Department of Commerce reports a net increase of 59 000 in the number of business units during 1950, contradicting fears that big business would swallow the little fellow. The small businessman is described as thriving despite anticipated extinction, though facing more bookkeeping chores.
MENTIONED IN THIS ARTICLE
Department of Commerce
Oakland Tribune
Just for You My Life Is Yours in a Vow
A poetic dedication promising lifelong devotion and fidelity. The speaker pledges to stand by their beloved, share happiness, ease sorrow, and remain true and sincere. The verse moves from autumn to spring as a pledge of companionship and selfless love.
Also Mentioned on This Page
Editorial
Atomics
Krupp
By Mark Sullivan
SiBans
By Bruce Biossat
Dewitt MacKenzie
Foreign Affairs Analys
E. A. Guest
Boller
Harper's
Six
Gelearam
Long
Nereta
Ted
Ooe Ae Lis
Herbert Hoover
Europe
Joseph Stalin
Joe
Hitler
Adolph Hitler
Red Russia
G. York
Elm Ave
William Mer Jeffers
Washington, D. C
Sacramento
Jefferson
Harry Friendson
Poppy
Neibors
George Clark
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