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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
May 17, 1949
Page
2
Washington May 17 AP reports Americans cut spending sharply in Q1 1949 as incomes sagged and prices fell, boosting savings. GNP slid to an annual rate of 255.9 billion, down 8 billion from late 1948 while still above 1948 quarterly average. Government spending rose on foreign aid and domestic purchases, countering private demand decline.
Rep Mills proposes a painless 5.0 billion boost by making corporations prepay 1949 taxes by July 1, 1950. The plan, developed with Secretary Snyder, would erase new tax rates and shift about 4.8 billion from July–December 1950 into June 1950, boosting near-term receipts without affecting individuals. It aims to turn a projected 3.0 billion deficit into a 1.7 billion surplus for fiscal 1950 and retire part of the 251.6 billion federal debt.
Muddy details from Amarillo and Stratford follow a Panhandle twister that struck late Sunday and early Monday. Five died in Amarillo, three were injured elsewhere as homes and outbuildings were leveled. Damage exceeded three million dollars with hundreds of homes destroyed and several residents injured or killed.
Cleveland May 17 AP The A F L political league maps future strategy after setbacks over repeal of Taft Hartley Act The leadership committee reviewed House votes on the compromise and tougher bills, testing labor strength Keenan said another 15 20 votes could be won with a clause on seizure of strike bound mines or plants The building trades department voted to abandon the voluntary labor management plan and support arbitration by an impartial umpire with input from two unions and two contractors, effectively restoring pre Taft Hartley authority
A strong earthquake lasting long jolted Lima at 1:28 am after a milder tremor just before midnight. No injuries or damages are reported in the initial dispatch.
Two million units of tiny glass ant villages and harvester type ants were shipped to Minneapolis for use in an advertising project. Hornaday, a glass ant maker, will distribute these items to clients of the Peckation as a goodwill gesture.
Washington May 17. Philip Murray, head of the CIO, urged the 52 member executive board to curb Communist led unions that have defied CIO policy for nearly two years. He proposed recommendations agreed by eight of nine CIO vice presidents, with Albert J. Fitzgerald absent. The plan targets unions led by Harry Bridges and Donald Henderson, aiming to force compliance or removal.
Prague reports condemnations for treason and spying of three Czechoslovak officials. General Karel Kutivsz, once hailed for the Prague uprising, was sentenced to life imprisonment for spying for foreign reaction. Nine other defendants received sentences ranging from two to 25 years, with military ranks stripped.
Four hundred production workers at the Nash Motors plant in El Segundo returned to work today after being laid off May 12 due to a brake parts shortage. Parts are typically produced at a Bendix Aviation Corp plant in the East, which has been strikebound. A company spokesman said production was shifted by removing dies from the El Segundo plant.
Two men drowned when a 50 foot cabin cruiser traveling from Norfolk to Wilmington exploded and sank near Bedville Chesapeake Bay. Victims were Herbert Smith 35 of Woodcrest Delaware and William Dill Jr 13 of Concord Manor Delaware.
A deaf mute from Los Angeles claimed the $12,208 found by two patrolmen in a rag in a gutter a week earlier. Herbert G. Laird, 37, said he lost the money while arriving from Florida to buy a house with his wife, also a deaf mute, and two month old son. He said the money was mostly his wife’s, and he avoided claiming it to prevent a potential prosecution.
Showers in the Dakotas and into the Canadian grain belt today broke a long drought. Elsewhere the weather was largely unchanged. U S forecasters said the Dakota rains offered relief to dry conditions in the region and northern plains.
MEMPHIS May 17 J R Kinderer of Oklahoma City donates 25000 to City Hospital. He once was a charity patient there sixty years ago and is nearing his 80th birthday.
Washington May 17 Coast Guard headquarters received a letter from Cambridge Nebraska that asked for free airplanes and ships. The letter was signed with initials and the sender’s name was not disclosed. The Coast Guard promised to reply once a suitable answer could be devised.
U S Steel Corp said John A Lewis president of the United Mine Workers sent a letter offering to meet on a new coal contract. Harry Moses of H C Frick Coke Co confirmed receipt. The current contract expires June 30 and talks focus on captive mines in Pennsylvania Ohio West Virginia and Kentucky.
Washington on May 17 officials said a new outbreak of foot and mouth disease in Mexico may force moving the quarantine line closer to the US border. The highly contagious disease threatens meat and milk supply. about 20 cattle near the northern line were slaughtered.
Rep Price accuses railroads of delaying safety upgrades and urges Congress to mandate 20 law to install modern telegraph phone and radio train communication systems amid laxity in adoption in HiNGiM on May 17.
Manhattan voters in the 7th assembly district decide in a special congressional race if Franklin D. Roosevelt Jr. can overcome a split Democratic machine and win the seat held by the late Bloom. Roosevelt faces Shalieck with McIntyre and Rubinstein also fielding, in a district spanning 26th to 126th Streets along Eighth Avenue. About 138,054 are qualified to vote.
A flaming engine caused the crash of a C47 cargo plane near Roswell Field killing six air f orest men. Officers sought the wreckage at the blaze after the plane went down shortly after takeoff during a training flight yesterday. One man parachuted at Cooter Missouri.
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