Truman Seeks Flexible Controls in Economy Plan
President Truman outlined a two edged economic program stressing maximum employment and production while warning against inflation. He urged flexible government measures, suggested extending rent controls, and proposed a 4 billion dollar tax increase mainly on corporate earnings to steer growth without stifling business. He endorsed voluntary allocations for scarce materials but warned that shortages may require stronger action.
MENTIONED IN THIS ARTICLE
Truman
State of the Union
Economy-Pledged Legislators Meet in Madison Wednesday
Wisconsin lawmakers meeting in Madison to craft a two year budget aim to avoid new taxes. They face agency requests totaling about 250 million dollars for operations and new buildings for the next biennium. Only the 1947-48 income baseline is available for comparison.
MENTIONED IN THIS ARTICLE
Madison
Wisconsin
Budget squeeze looms as lawmakers seek economy and reforms
Lawmakers face a tight 1949 session with revenue gaps and tough cuts. They vow economy, reject new taxes, and must tackle veterans bonuses housing, school aid, old age assistance, redistricting, and agriculture measures. A housing loans issue and constitutional changes loom, with a back page note on educational system reorganization.
MENTIONED IN THIS ARTICLE
Assembly
Senate
Supreme Court
General Fund Treasury
Truman backs flexible farm price supports in economic report
President Truman urged flexible farm price supports in his annual economic report, rejecting 90 percent parity in favor of adjustments to avoid income loss and avoid rigid production controls. He cited congressional splits between supporters of wartime parity and advocates of a flexible system tied to shortage and surplus cycles.
MENTIONED IN THIS ARTICLE
Ovid A. Martin
Washington
Truman
Congress
Congressional
Senate
House Agriculture Committees
Lucas
D-Ill
Aiken
Negev Desert War Halted by Israeli Cease Fire
Israel declared a cease fire in the Negev desert ending the offensive. Egyptian forces were hurled from Israeli soil and Israeli patrols advanced into Egypt before pulling back to defend positions. The halt precedes armistice talks to end the southern Palestine conflict. The cease fire took effect at 2 p.m. local time.
MENTIONED IN THIS ARTICLE
Tel Aviv
Israel
Negev
Petaff
Palestine
Gaza
Egypt
Rafa
Truman's Economic Outlook Shows Cautious Tone
President Truman outlines the nations economy with warnings and policy ideas. Employment stands at 60 million civilian jobs, production up 3 to 4 percent, prices stabilizing yet inflation risks loom in steel and power. Wages rose irregularly. December cost of living edges down. consumer income hits a record but real income is flat after inflation. Profits reach a post tax peak of 21 billion, deemed too high. He repeats a fair deal with a 4 billion tax hike on business, an eight point control program, rent control, a 1 million housing plan, higher old-age benefits, 75 cent minimum wage, and a long range farm program.
MENTIONED IN THIS ARTICLE
Mr. Truman
Democratic Congress
House
Congress
Council to Study Sewage Plant Plan Tonight
Plans and specifications for a 250000 addition to the sewage disposal plant will be studied by the city council in a special meeting tonight. The meeting was called by Mayor Frank A. Buehler after a letter from Bruno J. Hartman urging speedy action. Bids should be called soon to attract large contractors planning for 1949.
MENTIONED IN THIS ARTICLE
Frank A. Buehler
Bruno J. Hartman
Jerry Donahue Engineering Co
Sheboygan
Hartman
Council
State Board of Health
Boy for the Bogarts Lights Up Hollywood Star Family
Hollywood announces the birth of Stephen Humphrey Bogart weighing six pounds six ounces. He is the first child for screen star Humphrey Bogart and actress Lauren Bacall, born last night in Hollywood.
MENTIONED IN THIS ARTICLE
THE
Bogarts
Hollywood
Humphrey Bogarts
Humphrey Bogart
Lauren Bacall
Stephen Humphrey
Mild Temperatures Improve Driving as Ice Melts
A warm spell in Green County melts ice that had coated streets and highways for over a week. By afternoon, most icy patches on main routes disappeared leaving few icy strips on main roads. Some gravel roads remain ice bound and dangerous. Highway 11 work at Dill halted as water floods equipment. bridge remains high and dry. Forecasters expect colder weather Saturday with snow flurries statewide. ongoing blizzard and freeze tolls noted in the West and California.
MENTIONED IN THIS ARTICLE
Dill
H. J. Thompson
Wisconsin
California
County March of Dimes set goal of 6450 dollars
Green County March of Dimes campaign leaders outlined a countywide goal of 6450 dollars for the drive. Monroe will handle city and outside areas with a 4500 dollar quota, plus smaller town quotas and the parade of fund-raising activities was explained.
MENTIONED IN THIS ARTICLE
County March of Dimes
Green County
March of Dimes
Laverne C. Gallitz
Monroe
Albany
Brodhead
Monticello
New Glarus
Juda
Browntown
Palmer F. Davgs
Lake Mills
Wisconsin
National Paralysis Foundation
Leland Lamboley
Green County Paralysis Committee
Construction Rose To Record In 1948
City figures show 1948 total construction value reached a record 792 800 with 138 permits, despite a quiet December. Details: 62 new residences at 513 700, 35 garages 23 450, 19 commercial 233 000, and 22 additions 22 650. December permits totaled 31 200 with two new homes and one residential addition among the six permits.
MENTIONED IN THIS ARTICLE
G. S. Soseman
Sosemoen
Wisconsin Power and Light Co
15Th Avenue
Foreign Type Cheesemakers Association
17Th Avenue
Alvin F. Rote Co
Wendell Simmons
21St Avenue
Frederick T. Goecks
Frank Zahner
Sunrise Point
Labor Act Repeal Proposal Faces Senate Debate
Washington lawmakers clash over Senator Elbert Thomas’s bill to repeal the Taft Hartley act and restore the Wagner act. Senator Ives criticizes the measure, noting amendments could revive Taft Hartley features. Thomas acknowledges the need for more labor legislation beyond restoration, though not in that bill.
MENTIONED IN THIS ARTICLE
Washington
Elbert Thomas
Utah
Ives
Senate
Congress
Thomas
Senate Labor Committee
Five on Cabin Cruiser icebound in Illinois River
A 75 foot cabin cruiser Sonoma III owned by Dr. D N Tingley was icebound for 20 hours in the Illinois River near Peoria with five Milwaukeeans aboard. Coast Guard towed the yacht to dock as ice pryed a hole in the bow and engines failed. The five including two women pumped by hand all night to stay afloat.
MENTIONED IN THIS ARTICLE
Peoria
Ill
Illinois
U. S. Coast Guard
Sonoma III
D. N. Tingley
Dr. Tingley
Charles
Richard Vinecore
Maurine Vinecore
Richard
Mrs Wunschel Dies at St Clare in Monroe
Mrs William Wunschel 68 of 1403 15th avenue died at 9 this morning at St Clare hospital from embolism after surgery yesterday. Born Ruth Rebecca Spangler on December 26 1880 in Jefferson township she married William Wunschel February 15 1901 in Freeport. Surviving are husband three daughters two sisters two brothers eight grandchildren and a beaver lodge member. Last rites Sunday at 2 pm Shriner Neushwander funeral home with Rev J W Zimmermann, burial in Union cemetery Oakley.
MENTIONED IN THIS ARTICLE
William Wunschel
15Th Avenue
St. Clare Hospital
Ruth Rebecca Spangler
Benjamin F
Mary Agnes
Bradley Spangler
Jefferson Township
Freeport
Illinois
Monroe
Ferdinand Donker
Rock City
Guy Weckerly
Monroe Township
Frances Wunschel
Eureka
Mont
Ethel Mitchell
Rockford
Ira Spangler
Paul
Brodhead
Earl
Willis
Melvin Eugene
Wunschel
Beaver Lodge
Oakey
Shriner - Neushwander
J. W. Zimmerman
Union Cemetery
Oakley
Cheddars Sell Lower On Plymouth Market
Values drop today on the Wisconsin cheese exchange with cheddars closing at 34 cents and single daisies at 36. Trading was weak at open and about steady at close amid several unfilled bids and uncovered offers for multiple car lots.
MENTIONED IN THIS ARTICLE
Plymouth
Wisconsin Cheese Exchange
Oshkosh Man Killed Crossing Highway Near Hospital
Frank Van Handel, 65, was struck and killed by a automobile today while crossing a highway near the Winnebago state hospital in Oshkosh.
MENTIONED IN THIS ARTICLE
Oshkosh
Frank van Handel
Winnebago State Hospital
Truman Reshuffles Cabinet Replacing Marshall with Acheson
President Truman announces Dean Acheson will replace the ailing Secretary of State George C. Marshall effective January 20. He stresses the shakeup will not soften US cold war strategy and denies any move toward easing tensions with Russia. James E. Webb succeeds Lovett as undersecretary, with the changes taking effect on January 20.
MENTIONED IN THIS ARTICLE
John M. Hightower
Washington —i
Truman
Dean Acheson
America
Marshall
Acheson
Cordell Hull
Lovett
James E. Webb
Mr. Truman
Marshall resigns as secretary of state plans no immediate future
General George C. Marshall announced at his Pinehurst home that he has no plans for the immediate future after resigning as secretary of state. He said a Washington kidney operation last month was entirely successful and that he has taken brief walks at Liscombe Lodge in recent days.
MENTIONED IN THIS ARTICLE
Pinehurst
N. C
George Marshall
Washington
Liscombe Lodge
Marshall
General Marshall
Truman
Truman reshuffles State Department as Marshall retires
President Truman announces General George C. Marshall will retire as secretary of state due to health. John J. Webb is named to the state department post, with Frank Pace named to head the budget bureau. Acheson, age 55, designated to succeed Marshall, previously undersecretary of state. Truman denies Life Magazine article claims on foreign policy documents.
MENTIONED IN THIS ARTICLE
Lovett
Marshall
State Department
Truman
Acheson
White House
New York
Washington
Webb
Frank Pace
Arkansas
Budget Bureau
Fred J. Lawton
Jay Franklin
Life Magazine
Franklin
Also Mentioned on This Page
Truman Economic Report
Atkinson
Neb
Dobbin
Robert A. Lovett
Secretary of
POSS
Nae
WLDE
James EB. Webb
Pheer
and Lovett
Gallitz
Alpha Zeta _ sorority chapter
Marvin Holcomb
Monroe Woman’s Club
J. T. Etter Jr
E. O. Evans
W. S. MacDonald
Herman Stuessy
W. Howard Smith
Domenic Bongiorno
Roy McBride
C. M
Fask
Russia
Hull
Department
Hoover
Commission For
Pace
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