No Recession Seen Despite Pessimistic Forecasts
Washington analysts argue doom is overstated as underlying economic factors offset union shocks and wartime taxes. They note two year wage price stabilizations, Bellwether contracts in motors steel and electrical sectors, and cautious corporate planning. A stock market slowdown before Labor Day is unlikely and farm prices may hold firm.
MENTIONED IN THIS ARTICLE
Washington
New York Area
Motors, Steel and Electrical Industries
Phil Murray
National Corporation
Truman
National Trade Organizations
Agricultural Bureau
Communists Foresee Depression Echoes in U S Economy
In a column by a News Analyst, the piece discusses how Washington moods reflect fears of inflation and a possible downturn. It cites a 1929-like scenario voiced by a Communist observer and notes workers seeking wage gains amid booming business and rising prices.
Fanciers and Bantams: Elmer Clementine and Adeline
A personal sketch of acquiring three bantams Elmer Clementine and Adeline from Iowa to Florida. The piece notes bantam farming as a US industry with birds bred for exhibition and beauty, and traces bantam history from China to European estates.
MENTIONED IN THIS ARTICLE
Elmer
China
Europe
Greek Warfare Flares and United States Involvement
The United Nations Security Council rejected an emergency debate on the Balkan crisis though two special meetings were scheduled after American pressure. Reports from Athens claim U.S. troops may aid Greece to stop invasions and help border protection against Yugoslavia Bulgaria and Albania as fighting intensifies near Ioannina with multiple guerrilla units and a 2000-strong invader force surrounded.
MENTIONED IN THIS ARTICLE
United Nations Security Council
Balkan
Greece
Herschel V. Johnson
U. S
Andrei Gromyko
France
United Nations
Council
Europe
Russia
Athens
Elinikon Aima
United States
War Ministry
Napoleon Zervas
Defense Minis
Truman proposes a 250 million flood control program
President Truman urged Congress to start a 10 year 250 million dollar plan to control floods in the Mississippi basin. The proposal calls for storage reservoirs levees flood walls and diversion channels to protect cities towns and farms along major tributaries. Soil conservation would be expanded upriver to slow runoff and reduce topsoil loss. Dr Allan Bates condemned universal military training as a vicious political racket and urged a strong reserve air force and National Guard instead.
MENTIONED IN THIS ARTICLE
Truman
Congress
Mississippi
Allan Bates
Chicago
House
Armed Services
United States
Bates
Sugar shortage ends as U S and Cuba forecast record crops
Sugar industry spokesmen say the United States and Cuba will harvest record crops this year, with U S production reaching about 2.2 million tons and Cuba exceeding 6.4 million tons. Household sugar supplies are ample and wartime substitutes use may fall, though industrial rationing could linger until October 31.
MENTIONED IN THIS ARTICLE
Chicago
United States
Cuba
U. S
Hawaii
Puerto Rico
Virgin Islands
Philippine Islands
For Sale 26 Acre Riverfront Near Seguin Texas
For sale in Seguin Texas area a 26 acre riverfront property improved and ready. The listing notes shade pecans fruit and a furnished house with immediate possession. F F Kleen owner contact for details. Also baby chicks available White Rocks Reds Barred Rocks New Hampshires two large hatches weekly. Texas State Hatcheries Houston Texas 1300 Texas Ave Houston 2.
MENTIONED IN THIS ARTICLE
Seguin
Texas
F. F. Kleen
New Hampshires
U. S
Texas State
Texas Ave
Houston 2
Also Mentioned on This Page
GOP
Vandenberg
U.S
Baukhage
Bureau of Labor Statistics
Congressional Record
Gallup
Columbia
Kremlin
Josef Vissarionovich Djugashvili
Marshal Stalin
Harold Stassen
Minnesota
Josef Stalin
Georgia
U.S.S.R
U.S.R
Stassen
Stalin
Sis
Newburyport
Potomac
John Lewis
Bankhage
Colorado
Monte Vista
Colo
NEWS_REVIEW
Yugoslavia
Bulgaria
Albania
Ter
Ioannina
Soviet Union
War Department
Johnson
Bee County
Atascosa County
Live Oak Way
New Braunfels
Austin
L. A
East Evanser
East 22Nd
Denver
P. L. Marquess
Wharton
M. H. Dickson
Berkley Drive
Anderson
Sa. Carolina
Klinger Mfg. CO
Simpson St
San Antonio
Thomas H. Sullivan & CO
S. Main
Houston
St.Josepn Ae
McKessom Laboratories
WNU
Dean
Doan
Doans
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