U. S. Curbs Private Loans and Rubber Control
The government limits private loan funds by freezing $2 billion of bank lending and charges the NPA with taking immediate control of natural rubber as part of broader war economy measures. The Economic Stabilization Agency will open 13 regional offices, including Cleveland, to handle price and wage controls amid plans for stricter production controls. The actions aim to shift the economy from civilian to defense needs, affecting banks, loans, and essential materials.
MENTIONED IN THIS ARTICLE
Der
The
Economic Stabilization Agency
Cleveland
Ohio
Michigan
Kentucky
Nation Production Authority
U.S
Alreoty
NPA
Federal
Federal Reserve
Reserve System
U. S
City Employees In Cincinnati To Get Raise
Cincinnati city employees were assured of a wage increase costing the city more than 1.5 million dollars yearly. The city council approved the pay boost, granting 10 percent for salaries up to 2,500 and five percent for higher earnings. Financial experts projected a 430 thousand dollar shortfall in the 1951 budget, prompting talk of a payroll tax to cover the deficit.
MENTIONED IN THIS ARTICLE
Cincinnati
Chinese Seize U S Property in China Action
Hong Kong AP reports Communist China seized all United States property and froze U S bank deposits as retaliation for U S moves on December 16. Chou En-lai called the act an attempt to loot Chinese property. A Commerce official estimated the total well under 100 billion dollars. The move may remove missionary, oil firm, and Utilities Company operations from China.
MENTIONED IN THIS ARTICLE
Hong Kong
China
United States
U. S
Peiping Radio
Chou En-lai
Commerce Department
Reds
Ohio May Adopt Plan To Save Car Licenses
Governor Lausche proposes using the 1951 license plates for three years to conserve steel for defense. Starting April 1 autos would carry a single tag with windshield stickers marking paid fees. 1952 and 1958 steps would phase in renewed tags. Plan requires emergency legislation and is aimed at saving about 3,000 tons of metal for jet tag sets.
MENTIONED IN THIS ARTICLE
Columbus
Frank J. Lausche
General Assembly
Lausche
Ohio
Auto Makers Cut Back Amid Material Shortages
General Motors to close five Buick Oldsmobile Pontiac plants for a week due to an acute shortage of materials. Linden New Jersey Wilmington Delaware Framingham Massachusetts Atlanta Georgia and Kansas City Kansas sites shut down with Southgate California partially closed for inventory and rearrangement. Full operations resume January 8. About 13 000 workers idled. Packard Ford and Studebaker announce production cuts and layoffs across several plants, reflecting government restrictions on defense materials.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Buick
Oldsmobile
Pontiac
Packard
Ford
Studebaker
Linden
N. J
Wilmington
Del
Framingham
Mass
Atlanta Ga
Kansas City
Kans
Southgate
Calif
J. E. Goodman
Goodman
Packard Motor Car Company
Ford Motor Company
Metuchen
United States
MacArthur Names Walker’s Son As Aide In Japan
In Tokyo General MacArthur names Capt Sam Sims Walker son of the late Lt General Walton H Walker as his aide. Walker had served as Company A commander in the 19th Infantry Regiment, 24th Division. General Walker’s body will depart Japan by plane tomorrow for the United States.
MENTIONED IN THIS ARTICLE
Tokyo
General MacArthur
Sam Sims Walker
Walton H. Walker
Walker
24Th Infantry Division
Japan
United States
Truman Labels Hoover Plan Isolationist in Foreign Debate
President Truman pins isolationist label on Herbert Hoover’s Western Hemisphere defense proposal and says the nation will avoid isolationism as John Foster Dulles prepares to speak in New York. Dulles backs much of Hoover but hints a separate view, urging a broader national debate on security and the North Atlantic pact. He notes he speaks as an individual or as Acheson adviser, not as GOP spokesman.
MENTIONED IN THIS ARTICLE
Washington
Truman
John Foster Dulles
Trunianan
Herbert Hoover
Western Europe
Dulles
Hoover
New York
American Association For the United Nations
Acheson
State Department
Gabrielson
Republican Nationa
Congressional Republican
GOP
National Committee
jDullés
Republican Party
Congress
U. S
Gibraltar
Britain
Japan
Europe
Close tabs on Civil Defense urged by Humphrey
Senator Humphreys says he will push for a joint Senate House watchdog committee to monitor the Civil Defense Administration. The plan accompanies a compromise bill to create a centralized Civil Defense Office with broad powers and a three year, 3100,000,000 federal state local outlay. Caldwell named administrator, powers split between immediate use and presidential/congressional approval.
MENTIONED IN THIS ARTICLE
Washington
Humphreys
D-Minn
Congress
Civil Defense Administration
Humphrey
Senate
Senate House Committee
U Ted
Truman
Millard F. Caldwell, Jr
Florida
Caldwell
Civil Defense Agency
Trvan
No Tears As Mom Visits Handless Legless GI Son
Robert Smith, 20, the first quadruple amputee of the Korean War, greeted his mother at Walter Reed Hospital after being flown to Washington from the Far East. They shared a hug and spoke of home, while Mrs. Clara Smith described her travel from Middleburg, Pa. to see him.
MENTIONED IN THIS ARTICLE
Washington
Pfe
Robert Smith
Walter Reed Hospital
Clara Smith
Bob
oeeReereswees
Robert
Far East
Queenie the Beagle Daddy Chases Rabbits Again
Queenie the beagle hound resumed chasing rabbits after four days trapped with a rabbit in a five gallon can. Blackie, a mixed breed, guided two boys to brush where Queenie’s head was freed, uncovering the rabbit in the can as well.
MENTIONED IN THIS ARTICLE
Queenie
Blackie
United States presses Japan peace treaty despite Soviet veto
Washington and Moscow appear headed for a final split over drafting a Japanese peace treaty. The U S notes reject a great power veto, omit Communist China from talks, and propose Japan participate in a defense arrangement with U S troop stations. The status of Formosa remains unsettled, with U S policy diverging from the 1943 Cairo accord.
MENTIONED IN THIS ARTICLE
Washington
Russia
United States
Soviet Union
China
Japan
Peiping
Great Powers
United Nations
Formosa
U. S
Cairo
Doctors Must Register For Draft By January Fifteenth
Washington AP Virtually all physicians dentists and veterinarians under 50 not yet registered must sign up for the draft on January 15. Draft Director Hershey estimated about 210 medical men must register. Medical Deputy Meiling outlined four priority groups for call up.
MENTIONED IN THIS ARTICLE
Washington
Lewis B. Hershey
Richard L. Meiling
Defense Department
Meiling
Red Push In Korea Front Alters UN Line
North Korean Reds carved a three mile dent in the UN front south of the 38th parallel in east central Korea as U S Eighth Army officials said the attack is now contained. General MacArthur reported massed Reds and Chinese forces across Korea with 1 35 million poised to strike further.
MENTIONED IN THIS ARTICLE
TOKYO
United Nations
Korea
U. S. Eighth Army
Associated Press
Hal Boyle
38Th Parallel
Red North
Republic of South Korea
Matthew B. Ridgway
U. S
Eighth Army
Inge
MacArthur
Oron
Sea of Japan
Parallel 38
Yongpo
Imijin River
Yanchon
Hiss Granted Continued Bail as Appeal Wends Forward
In a two to one ruling the U S Court of Appeals allowed Alger Hiss to stay free on ten thousand dollar bail until the Supreme Court rules on his perjury conviction. Hiss, ex State Department aide, was convicted for lying about sharing government secrets with Whittaker Chambers and received a five year sentence.
MENTIONED IN THIS ARTICLE
NEW York
U. S. Court of Appeals
Alger Hiss
U. S. Supreme Court
Hiss
State Department
Whittaker Chambers
Plan for million-person bomb shelters in NYC plans
New York City construction plans outline shelters capable of protecting about 1,000,000 people. The envisioned network reflects wartime safety measures and urban resilience considerations amid the AP report from New York.
MENTIONED IN THIS ARTICLE
New York
New York City
Senator Wiley urges world revolt against Communism
Senator Wiley of Wisconsin urged backing underground groups inside Russia and Communist satellite states with arms funds and encouragement. He proposed a worldwide revolutionary movement patterned on Cominform to stir trouble in Russia China and elsewhere, claiming no new legislation was needed and suggesting a board of revolutionary strategy to aid guerrilla action and sabotage behind the Iron Curtain.
MENTIONED IN THIS ARTICLE
Washington
Wiley
Wis
United States
Russia
Senate Foreign Relations Committee
America
China
Congress
Wisconsin
Communist International
Board of Revolutionary Strategy
Iron Curtain
Typhoon Warns Loom Over Luzon Coast
Manila reports typhoon warnings as a tropical storm with 85 mile per hour winds nears Luzon. The storm fringe struck the southeastern coast this afternoon while the center moves at 12 miles per hour and is expected to hit southern Luzon early tomorrow.
MENTIONED IN THIS ARTICLE
Manila
Luzon Island
Luzon
Crown of Liars Club Big Freeze Tale Wins
Burlington Wis AP A Californian won the world championship liar of 1950 in a bizarre contest. The winning tale described a North Dakota pile driver incident where a crewman froze to death and a grave could not be dug. Judges gave honorable mention to Joseph Flynn of Cleveland for a lengthy canary tale on a sidetrack derailment.
MENTIONED IN THIS ARTICLE
Big Freeze Tale Cops
Crown of Liars’ Club
Burlington
Wis
WaMu
Frank J Goulette
Los Angeles
North Dakota
Joseph Flynn
Cleveland
Also Mentioned on This Page
Yank
Red Jets
James Roberts
Washington, D. C
Ward Hill
Kan
John C. Meyer
Forest Hills
N. Y
Arthur O'Connor
St. Joseph
USAF
Nea-Acme
ESA
Federal Reserve Board
Niether
Federal Reserve System
Studebaker Corporation
South Bend, Ind
Walker Son
Allied
Congressional Watchdog
White House
Chosin Reservoir
Mrs. Clara Smith
Pupyong
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