Truman rules out revival of wartime OPA
President Truman said he does not plan to revive the World War II OPA. He noted existing federal agencies will handle any needed economic controls during the Korean crisis and that full mobilization is not imminent. He seeks discretionary power to fix prices and wages but favors keeping to his original plan without delaying it over stronger executive tools. The House votes moved toward a discretion bill with additions, while debates on credit limits and market regulation continued amid party splits.
MENTIONED IN THIS ARTICLE
Washington
Truman
Senate
House
Capitol Hill
United States
Mundt
R-Sd
Ferguson
R-Mich
Johnston
D-Sc
Justice Department
President Truman
Congress
State and Defense Departments
Atomic Energy Commission
Clark leads Idaho Senate race as margin grows
Idaho Democratic primary results show D Worth Clark ahead of Glen H Taylor by about 1,000 votes with 779 of 839 precincts counted. Clark 26 475 Taylor 25 409. Taylor awaits final tally. Republican Sen Henry C Dworshak secured the GOP nomination for the four year Senate post.
MENTIONED IN THIS ARTICLE
BOISE
U. S. Senate
Idaho
D. Worth Clark
Glen H. Taylor
Clark
Pocatello
Taylor
Sen
Henry C. Dworshak
Senate
Milk Price Raised by French Bauer in Cincinnati
Cincinnati based French Bauer Inc announces a one cent per quart milk price increase to take effect next Monday. Regular milk rises to 20 cents per quart, homogenized 21 cents, with buttermilk chocolate milk and half pints of cream also up by one cent.
MENTIONED IN THIS ARTICLE
Cincinnati
French - Bauer, Inc
Allen French
French
UN Members Set To Pressure Malik In Closed Talks
Security Council members met informally in Lake Success to urge Malik in a bid to end his procedural blockade. If no concessions emerge, a full council session could spark a flood of anti Communist rhetoric through August. Britain’s Sir Gladwyn Jebb presided. Norway’s Arne Sunde had spoken recently with Malik.
MENTIONED IN THIS ARTICLE
Lake Success
Security Council
Jakob A. Malik
Council
Malik
Russia
Yugoslavia
New York
Gladwyn Jebb
Britain
Arne Sunde
Norway
New Jersey Gas Price War Shuts Down Stations
Newark AP report details a state price war that reduced gasoline to about 20.9 cents a gallon from 24.9 in two weeks. Independent stations shut many pumps amid armed guards and pickets urging shuts. Governor Driscoll ordered an investigation as Sunoco and independents trade blame. About 3,000 stations closed voluntarily and 1,000 more after picket visits.
MENTIONED IN THIS ARTICLE
Newark
N. J
New Jersey
Alfred E. Driscoll
New Jersey Gasoline Retailers Association
Sun Oil Company
Sunoco
Woman Strangled Aboard Golden State Limited
In an early attack aboard the Southern Pacific Golden State Limited an elderly Grinnell, Iowa woman, Ada C. Parks, was choked to death in her Pullman berth while resisting. Harold T. Lantz, 28, a discharged railroad employee from Tucson, confessed to the slaying, according to Cochise County Sheriff I V Pruitt in Douglas, Arizona.
MENTIONED IN THIS ARTICLE
Douglas, Ariz
Grinnell
Southern Pacific
Golden State Limited
I.V. Pruitt
Cochise County
Harold T. Lantz
Tucson
Ada C. Parks
Tie That Blinds and the ties to beware
A humorous meditation on neckties full of bright colors and loud patterns. The piece jokes about polka dots and checks, shifting to a plea to praise sensible ties and avoid harsh fashion gifts, imagining a birthday gift from Aunt Mamie that won’t leave the wearer blinded by color.
MENTIONED IN THIS ARTICLE
Mamie
Truman backs future excess profits levy stance
President Truman said he would accept an excess profits tax if Congress votes for it but urged delaying the move until the next Congress and preferred it beyond election jitters. He noted he has not requested such a levy, favors quick enacted tax increases, and warned the tax would be controversial. He also discussed Korea, MacArthur, UN matters, and ruled out a heads of state meeting on peace.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Jacob Malik
United Nations Security Council
Korea
U. S
Douglas MacArthur
MacArthur
Japan
U.S
Trygve Lie
Senate Parties Seek Tightened Home Front Security
Senate Democrats and Republicans map diverging paths toward stronger security against subversives. They favor measures to bar suspected aliens and to expand penalties for peacetime espionage while pursuing a shared goal of stricter homeland defense.
MENTIONED IN THIS ARTICLE
Washington
Senate
Connie Mack Eldest Sons To Buy A s
Roy and Earl Mack announce purchase of controlling interest in the Philadelphia Athletics with backing from Connecticut Life Insurance. They previously held options on stock from Connie Mack Jr and heirs of Shibe partners. Life insurer participation not disclosed. Additional working capital will be raised to strengthen the team.
MENTIONED IN THIS ARTICLE
Philadelphia
Connie Mack
Roy
Earl
Philadelphia Athletics
Connecticut Life Insurance Company
Earle
Connie Mack, Jr
Benjamin F
Thomas Shibe
Big Business Tax Approved by Senate Panel
The Senate Finance Committee unanimously backed President Truman's plan for a 1.5 billion dollar annual boost in corporate taxes raising the top rate from 38 to 45 percent. The tax hike would take effect July 1, 1950, with no half year coverage. The panel may also vote on a separate 3 billion dollar increase in individual income taxes raising rates by up to 20 percent in certain brackets.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Truman
General Walker's Gamble Pays Off In Korea Drive
Lt. Gen. Walton H. Walker commands the 8th Army offensive along the Naktong front toward Chinju as U S forces drive North Korean troops back. The gamble, thinning lines and redeploying units to the south, appears to be stabilizing the Pusan pocket and protecting Taegu from a breakthrough.
MENTIONED IN THIS ARTICLE
Leif Erickson
U. S. 8Th Army
Korea
Walton H. Walker
Pusan
Naktong River
Chinju
Walker
Fifth Marine
Hawaii
Naktong
U. S. Eighth Army
Pohang
Sea of Japan
Hal Boyle
United Nations
Truman reshapes RFC board amid funding row
President Truman dismissed RFC chairman Harley Hise and Harvey Gunderson from the Reconstruction Finance Corporation board and named three new members. The shakeup leaves William E. Willett and Walter Lee Dunham on the board while adding C Edward Rowe Walter E Cosgriff and W Elmer Barber. The RFC faces criticism over loans to Lustron Corp and a Nevada hotel with gambling revenue.
MENTIONED IN THIS ARTICLE
Washington
Truman
Reconstruction Finance Corporation
Congress
Commerce Department
RFC
Harley Hise
Congressionalire
Lustron Corporation
Nevada
Hise
Harvey Gunderson
William E. Willett
Maryland
Walter Lee Dunham
Michigan
C. Edward Rowe
Massachusetts
Walter E. Cosgriff
Salt Lake City
W. Elmer Harber
Seminole
Shawnee, Okla
Wehmeier Rejected for Army Induction in Reds News
Cincinnati Reds pitcher Wehmeier was rejected for Army service after a physician found a ruptured cartilage in his left knee during induction exams. Maj. Walter E. Flagg announced the ruling, noting he was the first Reds player to be examined.
MENTIONED IN THIS ARTICLE
Cincinnati
Herman Wehmeier
Cincinnati Reds
Walter E. Flagg
Wehmeier
Military Men Soon Will Ask UNIT Measure
Washington AP A Defense Department spokesman told senators a new universal military training plan for youths 18 and 19 should reach Congress soon. Rear Admiral Houser said UMT is under intensive study and pending details. The Senate Armed Services Committee discussed suspending draft provisions to allow volunteer service for 18 year olds to avoid 19 year olds being drafted for 21 months.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Congress
H. A. Houser
Senate Armed Services Committee
Tydings
D-Md
Army
Navy
Air Force
Houser
Department of Defense
National Guard
Senate
Army, Navy
Murray Wins Democratic Nomination in Oklahoma Governor Race
Johnston Murray emerged as Oklahoma's Democratic nominee for governor after a recount trimmed his lead. The statewide recount across 77 counties reduced Murray's margin by 47 votes, leaving him ahead of William O. Coe by 1,009 votes following the July 25 run-off primary.
MENTIONED IN THIS ARTICLE
Oklahoma City
Johnston Murray
Oklahoma
Murray
William O. Coe
Truck Crash Kills Four Children In Maine Picnic Return
A truck carrying 41 singing children from a picnic in Mattawamkeag Maine swung off a roadside embankment and rolled over last night Four children died and the rest were injured, all but one of them seriously.
MENTIONED IN THIS ARTICLE
Mattawamkeag, Me
GIs surge 13 miles as Chinju push edges foe near Pohang
In Tokyo AP dispatches report US forces advancing 13 miles on the Chinju front capturing ground and encircling about 1,000 North Koreans. A Communist assault threatens Taegu and endangers the Pohang air base while guerrilla led resistance slows the Pohang advance.
MENTIONED IN THIS ARTICLE
U. S
Taegu
Tokyo
MacArthur
Pohang
Chinju
South Korea
Red
Southwes
United Nations
Masan
Associated Press Cor Nde Ent
Tom Lambert
B-29s mark war's most powerful strike on Wonsan
Seventy B-29 bombers from Japan and Okinawa bases pounded Wonsan North Korea on three targets including the railroad center and Chosen oil refinery. Over 400 tons hit Wonsan and 200 tons hit other targets north of parallel 38. The strike set a record total of 625 tons for a single day, with at least 46 consecutive days of air power against Communist targets.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Okinawa
North Korea
Wonsan
Chosen
Richard F. York
Whiti
York
Far East Air Forces Command
Pgge
Royal Australian Air Force
Naktong River
Rail strike threat complicates Korea era labor talks
The White House seeks to avert a large rail strike during the Korean War crisis. Union leaders of 300,000 conductors and trainmen demand a 40 hour week with no pay loss. John R. Steelman held closed door talks with railroads and unions for two days.
MENTIONED IN THIS ARTICLE
Washington
White House
Truman
John R. Steelman
Rickey to Speak at Columbus Summer Commencement
Branch Rickey, president and general manager of the Brooklyn Dodgers, will deliver the commencement address at Ohio State University’s summer session on September 1. The event is expected to draw a large audience.
MENTIONED IN THIS ARTICLE
Rickey
Columbus
Branch Rickey
Brooklyn Dodgers
Ohio State University
Ozarks Slayer Shot to Death
In Eminence Missouri AP reports William Harris 39 who killed three people in a Ozark Mountains shooting spree was shot by a posseman. Police intensified search for Lola Fansler 15 daughter of one victim as more family members and a four year old girl Barbara Harris were killed. Harris had been pursued by over 100 officers in rugged terrain as Lola Jean Fansler remained missing since Monday.
MENTIONED IN THIS ARTICLE
Eminence
William Harris
Ozarks Mountains
Lola Fansler
Richard Fansler
Luther
Barbara Harris
South
Tinbertone
Barbara Hareris
Lola Jean
Also Mentioned on This Page
Taylor Trails
Jakob Malik
Pullman
BY Gordon Martin
Martin
Lie
A’s
BIG Business
Liz’ Taylor
Conrad H
Nick) Hilton
Elizabeth Taylor
Lido Beach
Venice
Ameri
Victor
Boyle
Ozarks
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