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Monroe News Star in Monroe, Louisiana

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Aug 08, 1950

Page

2

War moves, naval air actions widen Korea front

Detailed report from the Korean War front describes Changnyong and Chindong offensives, U S forces resisting Red counterattacks, Marines and army units extending lines, and naval air and surface bombardment from multiple ships. Western warships bombard Inchon while carriers launch hundreds of sorties with land air support.

Changnyong Fifth Regimental Combat Team U. S. First Cavalry Division Naktong Chindong Chinju General Pershing Korean Peninsula Tanchon 38Th Parallel Inchon Seoul Kimpo

Truman plan shapes senate finance committee tax push

The senate finance committee moves toward approving new levies totaling about 3.0 billion dollars annually on personal incomes raising the overall at nearly 22.0 billion. It may adopt a graded or flat across the board tax increase with October 1 effective dates affecting individual filers and include a 1.5 billion dollar rise in corporate taxes bringing corporate taxes to around 12.0 billion. The panel also targets taxation of unrelated business activities by tax exempt groups and life insurance investment income with a withholding tax on corporate dividends to capture unreported income.

Senate Finance Committee Truman

Cotton futures rise on smaller crop forecast

General buying in cotton futures at New Orleans today pushed prices up as much as 8.45 a bale before profit taking trimmed gains. By 11 a.m. the market stood 5.40 to 6.10 a bale higher amid demand driven by a government crop report showing 1950 yield at 10,308,000 bales versus 16,128,000 last year, well below private estimates.

New Orleans

Senate appoints Sevier as president pro tempore

Senators McCormick and Crothers offered a resolution declaring the pro tempore post vacant and calling for a successor. Maxime Roy protested but was voted down as Sevier was elected by acclamation after Richardson praised his long service and contributions. Sevier would preside in the lieutenant governor's absence and stand high in gubernatorial succession.

John McCormick West Monroe B. C. Crothers Ferriday McCormick Maxime Roy Lafayette Sen H. H. Richardson Bogalusa Sevier Richardson Senate

Louisiana Governor Perez clash over constitutional convention

Perez and Governor Long traded sharp charges on a proposed constitutional convention. Perez defended representative democracy and argued against a politburo styled constitution, challenging Long to public debate and asserting he would run as a local delegate. The exchange touched on voter registration, party alignments, and who would name convention delegates.

Wallace Russell Long Senate Plaquemines Perez National Democratic Party Senate Committee Louisiana Stalin Politburo A. O. Rappelet Truman Dudley Leblanc George Wallace Russell Long Plaquemines Parish North Louisiana Joint Assembly Oscar Guidry Finance Committee Times- Picayune Dad Dudley Times Picayune Shreveport Times Maestri

Heavy Vote Signals Broad Primary Battles Across States

Idaho voters nominate two U S house seats and all state offices including governor. Nebraska has no senate race this year while Governor Val Peterson seeks a third term. Democratic governor contenders number at least five with four U S House contests. Arkansas primary battles mostly decided in the first July 25 vote as Fulbright and six House members run unopposed.

Idaho Nebraska Senate Val Peterson House Arkansas J. William Fulbright

Gunman killed during wild shooting incident

Harris forced Fansler's daughter Lola Jean and friend Joyce Thomas to his car. Miss Thomas is a friend of the Fansler family.

Harris Fansler Lola Jean Joyce Thomas Miss Thomas

Car in ditch spurs chase as Lola Jean abducted

A car left the road and rolled into a ditch about a mile and a half away. Two farmers were shot at but unharmed. Harris fled with Lola Jean. Miss Thomas was released unharmed. Thunderstorms hindered search efforts with plans for a patrol plane once weather cleared as 50 to 75 armed men scoured the hills.

Harris Lola Jean Miss Thomas Highway Patrol

Military briefing details tank program and defense rise talks

Marines chief of staff presented a progress report on the army tank program to a house subcommittee. Rep. Philbin declined to comment on Collins report. President Truman received a 30 minute briefing from the joint chiefs, usually briefed by Gen. Omar Bradley. Senator Byrd hinted at planned defense spending increases and urged Truman to inform Congress.

House Rep. Philbin D.-Mass Collins President Truman Joint Chiefs of Staff Truman Omar Bradley Joint Chiefs Byrd D.-Va Mr. Truman Congress

GM Dividend Lifts Auto Stocks in New York Trade

Auto mobile shares surged as General Motors announced a $2.50 special dividend, pushing motor stocks higher with GM leading the gains. The market showed strength as GM stock rose to around $4 a share while other auto makers tracked the advance.

New York General Motors

Hog market summary from Chicago grain trade report

Livestock notes from Chicago show salable hogs around 8,000 head with prices across weights. Top at 24.25, ranges from 23.75 to 24.25 for 190 to 240 pounds, and 22.00 to 23.00 for 280 to 320 pounds, with lighter and heavier categories also listed.

Monroe Stan Chicago USDA

Mauna Loa Emerges From Pacific Crack

A long fissure in the Pacific Ocean floor gave birth to Mauna Loa, one of the world’s most active volcanoes, forming its massive shield and shaping the Hawaiian landscape over geological time.

Mauna Loa Pacific

Ex-Lax Heats Up The Happy Medium Laxative Ad

The advertisement touts Ex-Lax as the popular laxative used by millions and doctors alike. It pitches Ex-Lax as not too strong or mild and highlights its chocolate taste. The copy emphasizes easy natural relief and a price of 10 cents.

Also Mentioned on This Page

156Th Infantry Leon Sugar Squenchy Nettles Marvin DuBos Karl Krueger Steinway Steinways Hewitt Grammont Leblanc Mer Robert Maestri Silverstein Ilverstein Lydia E. Pinkham Pinkham A. Burtenshaw Edwin M. Holden Rol L. Summerfield Mrs. la Vera Swope the Dykes Co. Inc Louisville Sherwin- Williams Catalpa I Monroe North Second ST the Bernhardt Public Loan Corporation Mercury America Merchry South Grand St Jackson Motors Inc Seer GALT Monroe, la
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