Door Wide Open for Color TV Progress Says FCC Chief
FCC Chairman Wayne Coy told the Senate committee that color television development remains open and not closed by the Supreme Court ruling on CBS method. He predicted a long transition with receivers needing costly upgrades and emphasized public interest in new developments. Johnson and Magnuson pressed delays in licensing and questioned FCC policies as Coy seeks a new seven year term.
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Wayne Coy
Federal Communications Commission
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Senate Inter- State Commerce Committee
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Supreme Court
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Columbia
Sen. Magnuson
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Magnuson
Commission
Truman Embarks Five Day Holiday Cruise on Williamsburg
President Truman begins a five day leisure cruise aboard the USS Williamsburg from the Potomac to the lower Chesapeake Bay. He sails today for a quiet break from the heavy schedule after a busy April and May, accompanied by ten staff members and a few callers.
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New York Stores Cut Prices But No War Looms
New York department stores cut many nationally advertised items below fair trade prices today but nationwide sentiment shows little likelihood of a price war. Macy’s cut about 5978 price-fixed items while rivals say they are meeting all prices. Across the country merchants weigh options after a Supreme Court ruling on fair trade agreements.
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National Retail Dry Goods Association
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Retailers Scan Rivals Tags in Price War
SACRAMENTO May 29 California retailers eye price tags as rumors of national price wars spread after a Supreme Court ruling. Assistant Attorney General Edward G Benard warned fair trade laws may be overturned for goods like refrigerators and hardware, while California rules still bar selling below cost. A San Francisco spokesman noted uncertainties on farm marketing orders.
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Universal Training Believed Assured
Advocates of universal military training UMT believe a compromise measure will allow a three-point bill to advance. Congress must approve a code of conduct disability benefits and safety welfare and morals provisions before UMT can begin operations.
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