Loan By RFC Is Attacked By Probers
A Senate banking subcommittee exposes a Reconstruction Finance Corporation loan history to Central Iron and Steel of Harrisburg. It alleges political influence touched the 1949 1950 $3,950,000 loans, notes staff advice ignored, and records not volunteered by RFC. The inquiry is handed to the Justice Department as RFC undergoes leadership shake-ups amidst moves to abolish it.
MENTIONED IN THIS ARTICLE
Washington
Senate Banking Subcommittee
Reconstruction Finance Corporation
RFC
Pennsylvania
Central Ironnd Steel Company
Harrisburg
White House
Department of Justice
Congress
Fulbright
Dark
Hubert B. Steele
Joseph H. Rosenbaum
Central
Communists May Be Jailed Next Month
United States 11 homegrown Communist leaders convicted of teaching violent overthrow may begin prison terms next month. Justice Jackson denied pleas for stay of sentence until the Supreme Court returns from summer recess. Convicted include Eugene Dennis and ten advisers forming the politburo. Sentences ranged from five years to ten years plus fines. The 1940 Smith Act underpins the case.
MENTIONED IN THIS ARTICLE
Washington
United States
Jackson
Supreme Court
High Court
Eugene Dennis
Communist Party of the United States
Executive Council of Communism
Dennis
R. G. Thompson
Pacific
U.S
Senators Seek Cuts To Largest Tax Bill Ever Seen
Senate leaders said they hope to soften a massive 7.2 billion dollar tax boost approved by the House yesterday. They remain cautious about predicting sizeable reductions as the revenue measure stands as the largest single bill of its kind in Congress.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Congress
George
D-Ga
Senate Finance Committee
McFarland
D-Ariz
Senate Democrats
Pleads Guilty on Tax Increases for Individuals and Corporations
Senators George and McFarland discussed a House bill to raise federal taxes by about 2.8 trillion dollars annually for individuals and 1.25 trillion for excises, with corporate rates climbing to 52 percent and higher excess profits taxes. The plan would also widen the base for the excess profits tax and impose new taxes on bookmakers, gamblers, and a 50 dollar occupational tax.
Warren to Get Subpoena From Crime Probers
Florida Governor Fuller Warren faces a Senate Crime Investigating Committee subpoena to appear in Washington on July 9. The Miami hearing ended with Warren's subpoena handed to U.S. Marshal Peeples as spectators cheered. Warren offered no comment from Ormond Beach. The committee seeks six questions about campaign contributions from 1948, including links to gamblers or racketeers.
MENTIONED IN THIS ARTICLE
Miami
Fla
Florida
Fuller Warren
Senate Crime Investigating Committee
Washington
Senate
Herbert O’conor
D-Md
U. S
Jack F. Peeples
Warren
Ormond Beach
O’conor
South America
Ohio GOP To Use Low Tax Record In 1952 Campaign
Springfield Ohio AP Senator Roscoe R Walcutt outlines GOP led 99th General Assembly gains and tax record ahead of 1952 campaign He notes no new taxes aside from a trucks tax and cites measures on dependents salaries school funding highway planning and anti gambling reforms while acknowledging many proposed laws were ignored or defeated.
MENTIONED IN THIS ARTICLE
Ohio
Springfield
Couifors
Senate
Roscoe R. Walcutt
Franklin
Ohio Commercial Executives Association
Walcutt
99Th General Assembly
Iran Seeks $25 Million loan from U S Export-Import Bank
Iran signals willingness to accept a $25 million loan from the United States Export-Import Bank as Washington weighs aid amid Britain Iran oil nationalization dispute. State Department notes Iran shifts from coolness to interest, aligning with US policy to bolster free nations against Communist pressure.
MENTIONED IN THIS ARTICLE
Washington
Iran
U. S
State Department
United States
Britain
Tudeh Party
Floods Threaten Kansas as Rain Fails to Let Up
More rain was forecast for flood-stricken Kansas over the weekend. Damage from floods winds and hail ran into the millions as several rivers and streams surged, threatening crops and property.
MENTIONED IN THIS ARTICLE
Kansas
Resistance From Reds Stiffening On Korean Front
Tokyo AP reports bitter local battles as Communist resistance stiffens along the Korean front. Signs point to a possible new southward attack. Allied patrols report heavier Communist artillery and east coast troop movements between Hamhung and Wonsan. Sabrejets claim five straight victories over Russian MiG fighters, with 11 enemy planes downed in five days and two Allied planes lost. Captain Richard H. Heyman of Stillwater Oklahoma claims a night-flying biplane shot down. Frontline officers foresee a limited objective attack around Monday, the war’s first anniversary, though leaders doubt a major offensive is ready.
MENTIONED IN THIS ARTICLE
William C. Bernard
TOKYO
Hamhung
Wonsan
U. S S
Fifth Air Force
World Court Intervenes in Iran Oil Dispute
The International Court of Justice at The Hague agreed to hear Britain and Iran’s oil clash. Hearings set for next Saturday as Iran nationalizes the Anglo-Iranian Oil Company, taking control of offices while Abadan refineries still operate. About 3,000 British workers face uncertain futures as Iran directs the firm’s assets under the new national oil company.
MENTIONED IN THIS ARTICLE
International Court of Justice
Hague
United Nations
Britain
World Court
Mohammed Mossadegh
Middle East
Anglo-Iranian Oil Company
Abadan
Iran
Iranian National Oil Company
Speeding Arrest in Pekin Lands Driver Paul Revere
In Pekin yesterday a man named Paul Revere was arrested for speeding by a blue coated police officer. Revere, the son of a trucker, requested a lawyer and a delay for his hearing but Magistrate Julian Janssen denied keeping his driving license.
MENTIONED IN THIS ARTICLE
Pekin, Il
Paul Revere
Revere
Julian Janssen
Harriman Testimony Sought in MacArthur Ouster Probe
Washington AP says a move to summon W Averell Harriman from Europe for testimony could extend Senate probe into General Douglas MacArthur’s removal. Senator McMahon plans to press committees Monday to hear Harriman in rebuttal to Patrick Hurley’s Yalta testimony.
MENTIONED IN THIS ARTICLE
Washington
W. Averell Harriman
Europe
McMahon
Harriman
Patrick J. Hurley
China
Hurley
Russia
Yalta
Manchuria
Roosevelt
Airship search hampered by rain in Dakar jungle
Rain laden skies slowed the vast air and ground search for a Pan American Constellation bound for New York with 40 aboard, missing over jungle near Dakar. US Air Force B-17s joined civil and Liberian planes as tribesmen ventured through flooded streams chasing clues while the stranded crew radioed a blacked out beam en route to Roberts Field Liberia.
MENTIONED IN THIS ARTICLE
Dakar
United States Air Force
Kakar
Azores
Constellation
Roberts Field
Liberia
Constellation Ad
Prelate Agreed To Take Over In Hungary Trial Court Told
Testimony in Budapest shows Archbishop Jozsef Groesz allegedly drafted a plan to seize Hungary’s state leadership with American help. Klajos Pongracz, a legation employee, described typing the document and delivering it to US officials including Albert Sherer Jr. and Nathaniel Davis.
MENTIONED IN THIS ARTICLE
Josef Groesz
People’s
Budapest
Hungary
Josef Cardinal Mindszenty
Endre Marton
Klajos Pongracz
Legation
Jozsef Groesz
Bishop
Pongracz
Archbishop Groesz
U. S
Albert Sherer, Jr
Nathaniel Davis
Davis
Five Argentine Officers Arrested In Plot To Revolt
Five Argentine army officers are under arrest for allegedly trying to trigger a revolt against President Peron. The Army Ministry linked the arrests to a probe into plans to disrupt public order, noting the case was reported by newspapers.
MENTIONED IN THIS ARTICLE
Buenos Aires
Juan D. Peron
Army
Francisco Figueroa de la Vega
Atilio Jose Demicheli
Julio Enrique Villa Melo
Edgardo Arturo Fehrmann
Alberto Attias
Wall Street
Wright Field to Accept Non-Veteran Recruits
Dayton AP Wright-Patterson Air Force base will begin enlisting non veterans on Monday first time since World War II. Enlistments run until July 15 as part of a drive led by Gen. Hoyt S. Vandenberg to recruit 23000 men. Those with induction notices are not eligible.
MENTIONED IN THIS ARTICLE
Dayton
Air Force
Wright-Patterson Air Force Base
Wright-Patterson
Hoyt S. Vandenberg
Mrs Toscanini Dies In Italy
Carla Toscanini, 75, wife of conductor Arturo Toscanini, died in Milan after a long illness. The husband wept at her bedside, joined by son Walter and daughters Wally and Wanda Horowitz. Funeral planned in Milan with burial at Monumen do Cemetery. Married 1897 in Conegliano Veneto. Toscanini arrived April 6 to be with her.
MENTIONED IN THIS ARTICLE
Milan
Italy
Carla Toscanini
Arturo Toscanini
Walter
Wally
Castelbarco
Wanda Horowitz
Toscanini
Monumendo
Conegliano Veneto
Shorter Hours and Higher Wages End NMU Seamen Tie-up
Federal mediators announced a complete agreement between about 40 shipping companies and the CIO National Maritime Union ending a seven day disruption affecting up to 650 ships along the Atlantic and Gulf coasts. The two year contract grants a 44 hour work week at sea, 40 hours in port, and an eight percent across the board wage rise with pay scales to 315.35 a month, plus up to three weeks vacations and semi annual wage reviews.
MENTIONED IN THIS ARTICLE
New York
CIO
Atlantic
Gulf Coast
CIO National Maritime Union
NMU
Fits
Wage Stabilization Board
San Francisco
Lurline
Honolulu
Independent Marine Cooks and Stewards Union
Powerful UN Proposed At Rabbis Assembly
NEW LONDON Conn AP The Central Conference of American Rabbis urges a stronger United Nations with its own army to become a world government as the only path to lasting peace They call for the UN to control armaments and for the US to lead in comprehensive disarmament plans The group backs strengthening UN authority abolishing veto and placing Point Four aid under UN sponsorship They urge using excess profits taxes to fund defense before new income taxes.
MENTIONED IN THIS ARTICLE
New London
Conn
United Nations
Central Conference of American Rabbis
United States
Griswald Hotel
Canada
U. S
U.S
Also Mentioned on This Page
Truman
NEA Radio-Telephoto
Associated Press
THE
Tce
U. S. Seventh Infantry
Koia
David G. Barr
MacArthur
Moscow
U. S. State Department
Stalin
Emmett
Rosie) O'Connell
Far Eastern Air Force
Korea
Monrovia
Free African Republic
Johannesburg
Uth Africa
Leopoldsville
Belgian Congo
Accra
Gold Coast
Lisbon
Portugal
South Atlantic
Brazil
Equator
E. Clower Mott
Marshak Plan
Cairo
Marshall Plan
Stonhewer I. Lewis
Mott
Lewis
Richard Dunning
John C. Leventis
Atlantic Or Company
J. ®. Hoffman
William Stott
Los Angeles
Calif
Jozsef Goesz
Marton
Peron
Wall
Wright Field
American Radio Association
Joseph Curran
Curran
Assembly of Rabbis
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