House Passes Restricted Point Four Investment Guarantee
The House approved a 195 to 1 vote on a bill offering limited guarantees for American investments abroad under Truman's Point Four program, sending it to the Senate. The measure, worth 250 million dollars, aims to spur private capital flow and complement existing technical aid to underdeveloped nations while Republicans dubbed it folly.
MENTIONED IN THIS ARTICLE
Washington
House
Truman
Senate
Congress
U. S
Motion to Return Bill to Committee by Rep Wolcott
A motion by Representative Wolcott of Michigan seeks to send the measure back to committee for reconsideration. The procedural move tests legislative appetite and schedules future debate and action.
MENTIONED IN THIS ARTICLE
Rep. Wolcott
R-Mich
Savings Bond Drive Extended to Monday
Milwaukee Wisconsin extends the savings bonds drive to Monday to meet a $5,000,000 goal. Committee chairman Walter Kasten said the treasury extended the deadline from Saturday and final E bond sales reports can be mailed by close of business Monday.
MENTIONED IN THIS ARTICLE
Milwaukee
Wisconsin
Walter Kasten
Treasury
Also Mentioned on This Page
William D. Olson
de Forest
Wisconsin Power and Light Company
Buick
Dynaflow
Trafic
Four-Way
Fisher
Henry J. Taylor
ABC Network
Badger Motors
Iste
Wlad
Monroe
Seersucker
Panamas
Hinokes Comfort
Sepep