Allied Raiders Hold 3 Western Korean Outposts
Allied tank infantry raider teams maintain grip on three western Korean outposts within striking distance of 120000 Chinese troops. They struggle at Suwon where 1000 Red troops were driven back as Gen. Lawton Collins observed. Yongwol remains under Allied control as front lines shift toward Wonju.
MENTIONED IN THIS ARTICLE
Tokyo
Seoul
Suwon
U. S. Army
J. Lawton Collins
Han River
Yongwol
Wonju
Collins
Hoyt S. Vandenberg
U. S. Air Forces Chief of Staff
Wash
Inchon
U. S. Eighth Army
Kumyangjang
Osan
8Th Army
Matthew Ridgway
Air Forces Vandenberg States Quick Retaliation Possible
Gen. Hoyt S. Vandenberg said the Air Forces could strike back quickly against any unheralded air assault on the United States mainland. He added that even in undeclared war there would be indicators to retaliate almost immediately.
MENTIONED IN THIS ARTICLE
TOKYO
Hoyt S. Vandenberg
United States
Air Force
Price Wage Freeze Expected In 5-6 Days
Washington reports a general price and wage freeze may be issued within five to six days. The move aims to curb inflation with a nationwide ceiling on prices and wages as ESA and officials prepare a staffed framework. Key ESA steps include staffing rise to 450, rapid field offices, and commodity division heads named as readiness builds.
MENTIONED IN THIS ARTICLE
Washington
Alan Valentine
ESA
Economic Stabilization Agency
Max McCullough
OPA
Bureau of Labor Statistics
U S Tightens Stock Credit Across Markets
Washington reports a Federal Reserve Board order raising cash down payments on stock purchases and short sales from 50 to 75 percent, a move aimed at curbing inflation and speculation. The board notes it seeks a psychological restraint beyond the stock market, while the NYSE disputes rising inflationary pressures from margin buying. The credit limits also cover homes autos and major goods.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
New York Stock Exchange
Robert P. Boylan
Exchange
Lausche Attacks Gambling Before Ohio Crime Probe
Ohio Governor Frank Lausche urged the Kefauver Crime Committee to push stricter laws against commercial gambling and interstate betting wires. He linked tolerance of gambling to racketeering, law breakdowns, and harm to families. Cleveland figures like Arthur B. McBride testified about connections to gambling and racing information services.
MENTIONED IN THIS ARTICLE
Lausche
Ohio
Cleveland
Arthur B
Mickey) McBride
Kefauver Committee
Alfred
Big al) Polizzi
John Angersola
Fred Angersola
Anthony Milano
Raleigh Allsbrook
Frank J. Lausche
Senate Crime Committee
Continental Press Service
Continental Press
McBride
Miami
Fla
Cleveland Browns
Edward
University of Miami
GM Gets 106 Million U. S. Tank Contract
The Army awarded General Motors a 106 million dollar tank contract, raising GM’s total tank work to 439 million across three contracts. Don E. Ahrens of GM Cadillac division says most tank production will occur at the Cleveland tank plant, with some work alongside car production in Detroit.
MENTIONED IN THIS ARTICLE
Detroit
Army
General Motors Corporation
Don E. Ahrens
Cadillac
Cleveland
Warm Weather Seen Across Nation for Next 30 Days
The Weather Bureau predicts mostly warmer-than-seasonal conditions across the United States for the next month. The forecast highlights a broad trend of higher temperatures with regional variations in timing and intensity.
MENTIONED IN THIS ARTICLE
Washington
Weather Bureau
Baltimore pier and troopship burn in massive waterfront fire
A five million dollar Baltimore pier burned at South Harbor as wind fanned flames that spread to the historic troopship George Washington. The decommissioned vessel, once Wilson’s transport in 1919, was left a listing hulk. One Coast Guardsman and six firemen were injured. a search is underway for further causes amid ongoing FBI and Army probes.
MENTIONED IN THIS ARTICLE
Baltimore
George Washington
Woodrow Wilson
Europe
Bethlehem Steel Shipyards
Maritime Commission
Army
FBI
Ory
Dne
George Washinton
Martime Administration
Reserve Maritime
Pleven to visit Washington for policy talks with Truman
Premier Rene Pleven of France will visit Washington on January 29 for a two day policy conference with President Truman. The talks will cover Cold War strategy, French Indo China, Western European rearmament, atomic bomb discussions, and allied military aid priorities. The issue of arms production in France and closer French American control over exports and raw materials will also be on the agenda.
MENTIONED IN THIS ARTICLE
Washington
Rene Pleven
France
Truman
State Department
Pleven
Attlee
Britain
Marshall
Korea
Europe
U. S
French-Amer
China
Eisenhower Eyes Portuguese Defenses with Spain Issue
Gen Dwight D Eisenhower toured Portugal’s southwest coast and found a small fighting force. Portuguese observers said Spain’s status in the Atlantic defense system limits Portugal’s participation.
MENTIONED IN THIS ARTICLE
Lisbon
Portugal
Dwight D. Eisenhower
Spain
Portugese
Europe
Five Are Accused of Fixing Cage Games
Five men including two Manhattan College players face bribery and conspiracy charges over alleged game fixing in the 1949-50 season. Co captains Henry Poppe and John Byrnes allegedly dumped games for about $5,000 each. Corruptors Irving Schwartzberg, Benjamin Schwartzberg, and Cornelius Kelleher are named as instigators. An attempted fix of a De Paul game prompted the police alert after a room encounter involving Julius Kellogg.
MENTIONED IN THIS ARTICLE
Lusstics Allutheyy Ma Ward F. Bresiin
The
Bronx
Manhattan
Henry E. Poppe
John A. Byrnes
Poppe
Byrnes
Breslin
Irving Schwartzberg
Benjamin
Cornelius Kelleher
New York
de Paul University
Manhattan College
de Paul
Julius Kellogg
Kellogg
Kenneth Norton
Two Die In School Bus Crash In Gladwin
An ice covered rural road caused a school bus wreck near Gladwin Michigan killing two pupils and injuring about twenty four others. The bus from Gladwin Rural Agricultural School collided with a creamery truck at a one way bridge over Cedar River and plunged into 12 feet of water. Drivers and Michigan Bell workers aided survivors and saved many children from drowning.
MENTIONED IN THIS ARTICLE
Gladwin
Mich
Gladwin Rural
Michigan Bell Telephone
Escapee Davis Captured After Chillicothe Breakout
Malette E. Davis, 23, of Alabama, who escaped from the Federal Reformatory at Chillicothe yesterday, was recaptured in Washington today. Davis stole a car in Chillicothe to aid his escape and was serving time for auto theft.
MENTIONED IN THIS ARTICLE
Washington, CH
Malette E. Davis
Chillicothe
Davis
Educator Backs Universal Draft for 18 Year Olds
Massachusetts Institute of Technology chairman Karl Compton urged Congress to adopt universal military service for all 18-year-olds and create a training program immediately. He pressed for a plan or open opposition to an 18-year-old draft while senators debated concerns from Saltonstall about sending youths abroad. Johnson noted defense officials believe current 19 to 25 year olds can supply needed numbers.
MENTIONED IN THIS ARTICLE
Washington
Senate
Karl T. Compton
Corporation
Massachusetts Institute of Technology
Congress
Senate Armed Services Preparedness
Compton
Saltonstall
R-Mass
Lyndon Johnson
D. Tex
Johnson
Navy to Build Giant Carrier for Atom Bomb Planes
The House approved construction of a massive aircraft carrier capable of launching planes that would carry atomic bombs, signaling a major military expansion.
MENTIONED IN THIS ARTICLE
Washington
House
Navy
Peiping Rejects UN Korea Cease Fire Plan Calls for Conference
Peiping radio reports China rejects the UN five point Korea cease fire proposal as "impossible" and proposes a seven power conference in Communist China. Nehru says branding China aggressor blocks peace. UN in New York had no reply at press time.
MENTIONED IN THIS ARTICLE
Tokyo
Peiping
United Nations
Korea
Communist
China
Peiping Radio
Kyodo
Chou En-lai
David Owen
New York
Roberto Urdaneta Arbalaez
UN General Assembly
U.S
Britain
Soviet Russia
Formosa
Senate awaits Eisenhower report on troops to Europe
The Senate foresees a delay in authorizing manpower aid to Western Europe until General Eisenhower reports his North Atlantic defenses survey to Congress. Chairman Connally said action will wait for Eisenhower’s briefing after meetings with President Truman. Senator Smith noted the general plans to report promptly once consultations with the president finish.
MENTIONED IN THIS ARTICLE
Washington
Senate
Europe
Dwight D. Eisenhower
Congress
North Atlantic
Connally
D-Tex
Senate Foreign Relations Committee
Western Europe
Eisenhower
H. Alexander Smith
R-Nj
Truman
State Department
United Nations
Korea
Brink's Robbery Anniversary Fails to Crack Case
Boston AP reports a year after the Brink's Money Express heist five workers recall the robbery of 1.7 million dollars, with 1.219 million in cash and half a million in checks taken. Police have no solid leads or identifications for the masked gunmen, leaving the case unsolved.
MENTIONED IN THIS ARTICLE
Brink’s Money Express
Also Mentioned on This Page
Ries
Rea
Bea
Ington
General MacArthur
Vandenberg
Reds
Washington Pentagon
Walter Bedell Smith
Central Intelligence Agency
Alexander R. Bolfing
Kumyangjant
Charles E. Wilson
Office of Defense Mobilization
West Korea
Aesong
Taejon
Chunchon
Sangju
Kochang
Chinju
Yongdok
Pohang
TAEGU
New York stock = exchange
Kefauver
D-Tenn
Mounds Club
Lake County
Pettibone Club
Geauga County
Jungle Inn
Trumbull County
Colony Club
Lawrence County
Gam
Robert Long
Coast Guard
Chinook
Marine Hospital
COAST
Maryland
Chesa— Bay Bridge
Edmund B. Alexander
Bulletin
PARIS
India
Jawaharlal Nehru
Far East
Democratic Policy Committee
Foreign Relations Committee
Nebraska
Brink’s
Boston
Mh Oon Moe
Brink
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