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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
May 13, 1948
Page
18
Full page ad listing low prices on innerspring mattresses 252 coil and box springs. Includes twin and full sizes, matching sets, Hollywood bed frames with various options, headboards, couches, youth beds, bunk beds, and accessories with prices and configurations. Some items emphasize coil innersprings, frames, and sterilized components.
Washington May 13 A party line split looms as Senators McGrath and Hatch propose a substitute to the earlier immigration bill. The plan doubles the displaced persons quota to 200 000 and expands eligibility including orphans and those from zones of occupation with dates set differently from the prior measure. The bill prioritizes skilled entrants and relatives of U S residents and omits the DP camp housing restriction disputes. Senator Wherry questioned Republican support while McGrath noted no GOP sponsorship.
NYSE president Emily Schram told the Senate House economic committee that the United States has entered a postwar period of stabilization if Congress avoids unbalancing the budget. She warned against excessive inflation fears and criticized a 75 percent down payment rule on stock purchases as discriminatory to one market.
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