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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Dec 27, 1948
Page
6
A report notes that Great Britain maintains only about one acre of cropland for each resident, highlighting limited agricultural land amid population pressures.
Congressional spy investigators seek at least two more couriers for Communist rings. The UN American Activities Committee plans to pursue missing runners, questioning Elizabeth Bentley and Whittaker Chambers. Mundt notes gaps from 1938 to 1941 and after World War II. A joint major investigations committee is proposed to improve coordination.
Four drivers were arrested by West Monroe police during the holidays and charged with operating motor vehicles while under the influence. Percy Adams, 29, Natchez Mississippi, C A Wood, 28, West Monroe, and W W Gilbert Jr, 23, West Monroe were released on bonds under 300 dollars. Sam Stuckey, 38, 404 South Sec
The Federal Reserve Board reported that bank loans slackened abruptly in October and November as inflationary pressures waned. Sharply reduced loans to finance autos, appliances, and furniture followed the September credit controls, with diminished real estate and consumer lending growth cited as key factors.
The board reports slower expansion in total loans with gains concentrated in oil and clothing industries retailers and utilities while other sectors show less growth.
New York dispatch says Mrs William Paley former Barbara Cushing Mortimer leads the New York Dress Institute poll of 150 editors and designers naming the 10 best dressed women of 1948. Other picks include Mrs Millicent Rogers and the Duchess of Windsor with five designers in a special category.
In Washington on December 27 James Marlow reports the president's Council of Economic Advisers issued its annual, lengthy yet criticized dull review. He notes the council, created in 1946, sketches work for the coming January economic report to Truman, aims to balance boom and bust, and faces labor management tensions while avoiding strong criticism.
Frederic Ullman Jr a Beverly Hills film producer died at his home from an apparent heart attack. He led Pathe News from 1942 to 1947 and produced the This is America series. Born in Buffalo he worked in New York and later joined RKO after Pathe sale. He leaves widow Janine Pinshot Ullman a son Anthony and a daughter Abby.
The Veterans Administration estimates about 108000 war veterans are in hospitals this holiday season. Roughly 50000 are long term patients, men and women hospitalized a year or more, and chaplains urge public visits to those able to receive visitors. A new U S postage stamp honors the Brahma chicken, ancestor of many breeds.
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