Rankin Plans a New Bonus Bill for Veterans
Washington AP Rankin after steering through a 65 billion veterans pensions bill now prepares a bonus measure likely costing about the same. It would pay veterans 3 dollars per day of service and 4 dollars for overseas time up to a 5000 dollar maximum, with estimates ranging from 14 to 60 billion. Some committee members doubt another major benefit is possible this session while Rankin seeks action, aiming to offset existing GI benefits by deducting from adjusted compensation. The move faces opposition from Rep Huber and echoes Senate labor committee activity on similar measures.
MENTIONED IN THIS ARTICLE
Washington
Rankin
Miss
House Veterans Committee
Huber
Dohio
Senate Labor Committee
Veterans Insurance Dividends Delayed Until 1950
A 15 member House Republican group urged faster payout of 2 billion dollars in unused veterans insurance premiums. They criticized delays for starting in October and called the plan a political scandal while Carl Gray, head of Veterans Affairs, said payments would begin around January 1950. The funds arose from wartime premiums versus lower death claims.
MENTIONED IN THIS ARTICLE
House Republicans
Truman Administration
Carl Gray
Veterans Affairs
Buyer Calling Tune In Steel Market Today
Cleveland AP reports buyers are calling the tune in a soft steel market as sellers push to boost slipping steelmaking operations. A Steel review predicts balance between supply and demand by summer, with remaining tight spots easing. Ingot rate has fallen since March, now at 84.5 percent capacity, Cincinnati district down six points to 91 and St. Louis up 15 points to 82.
MENTIONED IN THIS ARTICLE
Cleveland
Stee
Steel
Cincinnati
St. Louis
Scrap prices slide to new low for steelmaking
Scrap for steelmaking fell to 20.17 dollars per ton, the lowest since November 1946 when ceilings applied. The previous week stood at 21.25 dollars, and a year earlier it was 40.27 dollars. Semi finished steel also dropped to 63.12 dollars from 66.72 and 68.62 a year ago.
MENTIONED IN THIS ARTICLE
CPA
Butler Court Rules On Terms Of Scripps Will
In Hamilton Ohio AP reports Judge P. P. Boli of Butler County Common Pleas Court upheld the trustees method for disbursing the 40 million dollar Scripps trust. The granddaughter, Mrs Mackey E Scripps Gallowher of Reading Vermont, failed to win a change in distribution plan. The ruling keeps shares based on net profits after taxes and expenses.
MENTIONED IN THIS ARTICLE
Hamilton
E. W. Scripps
Scripps
P. P. Boli
Butler County Common Pleas Court
Mackey E. Scripps Gallowher
Reading
Suit Over Trust Funds Splits 70 30 for Heirs and Scripps
Judge Boll states the trust fund set up in 1922 directs 70 percent to heirs and 30 percent to Scripps newspaper interests. Taxes and expenses to come from the newspapers’ share. The case centers on Scripps’ desires to expand the papers.
MENTIONED IN THIS ARTICLE
Hur
Boll
Scripps’ Trust Fund
Butler County
Scripps
Septic Tank Cleaning Ad For CESS-PEP Product
An old advertisement promotes CESS-PEP septic tank bacteria to activate the microbial bed and digest solids. It claims liquids exit the tank after treatment and warns against caustic acids. Offers one 12 ounce can three times yearly or two cans for new or reconditioned tanks with a $1.00 price.
MENTIONED IN THIS ARTICLE
Cess Pool
Britian and Argentina sign five year trade pact
Britain and Argentina signed a five year trade agreement in Buenos Aires amid President Juan Perón and officials. Ambassadors and ministers attended the ceremony broadcast on Argentine network. The accord, opposed by the United States, covers oil coal automobiles whisky and meat plus cereals with Britain supplying most imports and Argentina providing about 300000 tons of meat.
MENTIONED IN THIS ARTICLE
Buenos Aires
Britain
Argentina
United States
Juan Deron
Government House
John Balfour
Argentine National Economic Council
Nipponese War Prisoners Back in Japan
Two thousand cheering Japanese returned to Maizuru, Japan, yesterday after nearly four years as Russian war prisoners. They were the first to arrive since the Soviets suspended repatriation last winter.
MENTIONED IN THIS ARTICLE
Maizuru
Japan
General MacArthur presses Russia on repatriation of Japanese
General Douglas MacArthur says 408000 Japanese are held for repatriation while Soviet reports list 95000. In Virginia, Natural Bridge near Lexington is described as the remains of a roof from an underground tunnel or cave once linked to Cedar Creek.
MENTIONED IN THIS ARTICLE
MacArthur
Russia
Lexington
Cedar Creek
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