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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Aug 03, 1950
Page
6
New York AP reports American corporations posted a 43 percent jump in profits in Q2 1950 to 1.625 billion dollars, lifting six month earnings to 2.865 billion. Yet higher defense taxes, excess profits taxes, rationing, and price fixing threaten to pull 1950 profits below the 1948 record.
Rep Frances P Bolton plans to introduce in the House a temporary freeze on wages prices rents and other economic items holding them at June 10 25 levels. She says the move gives time to evaluate needed controls and denounces the hurried passage of the proposed program noting bedlam in the chamber as lawmakers scramble to grasp the implications.
Portsmouth city council will meet Wednesday to consider an ordinance raising bus fares from seven to 10 cents for Portsmouth City Lines Inc. The ordinance, backed by City Manager E. T. Beall, had its first reading last night. A 90 day trial would follow pending study by the city.
Students from ten foreign countries will tour American government at Ohio Wesleyan University in Delaware August 9 to 16. The program begins with city government briefings from Mayor Anselm Lockhart and county government tours led by Auditor James Samson. State officials, candidates, and lobbyists will speak, with a Columbus state offices tour to follow. participants hail from England Italy France Holland Switzerland Ireland Morocco Persia Sweden and Finland.
A dump truck and a Baltimore and Ohio passenger train collided on State Route 7 one mile west of Marietta. Ervin Bernard James, 47, of Nelsonville, the truck driver, died from the crash. The two car train was northbound from Parkersburg, West Virginia to Marietta.
The Rev. Henri Vincent, president of the Baptist Federation of France, will speak at Middletown First Baptist Church Sunday morning in place of vacationing Rev. John I. Parr. On August 13, Dr. Paul Judson Morris of Granville Ohio will be the speaker. Vincent, a veteran wartime chaplain and French resistance member, has led French Baptist efforts since 1932 and holds Paris University and Colgate Rochester Divinity training.
Representatives from all transportation sectors pledged 100 percent cooperation to Ohio Civil Defense in wartime evacuation plans. Director William E. Warne noted the commitment at a meeting of experts best suited to manage mass evacuations in case of enemy bombing.
A group including rail, bus, air and freight firms plans a rapid survey of transportation and manpower resources. The remark on poultry notes broiler chickens range 1% to 3 pounds live weight. A reference to ancient census methods cites salt consumption as population proxy per period from the Book of Knowledge.
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