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Newspaper
Moulton Eagle
Location
Moulton, Texas, United States of America
Date
Jul 21, 1950
Page
4
Western Newspaper Union analysts warn the world of rising risk as U S ground troops enter Korea amid fears the crisis may trigger a larger war. The column notes international unease and potential for broader conflict.
As North Korea invaded South Korea, U S forces moved quickly with air naval and ground units under General MacArthur. U S troops landed within 24 hours of orders and battles formed around Seoul Suwon and the Han River as North Korean advances stalled amid Allied countermeasures.
The article surveys European nerves during the Korean conflict era, noting Berlin and Vienna jitters, rising UN and US confidence, and fears of Europe being drawn into war. It highlights American unity behind Truman, Congress debates, and Taft calling for Acheson’s resignation amid policy disputes.
The House approved the 1950 tax bill by 375 to 14, proposing $1.01 billion in annual excise tax cuts on furs jewelry luggage toilet articles admissions and more. Offsets in higher corporate taxes $433 million and loophole closures accompany the plan. Senate action is uncertain amid Korea War budget pressures. May revenue rose nearly $500 million vs last year, though 11 month totals remain over a billion below the prior year. Individual May tax receipts reached $1,878,357,644 versus $1,604,794,824 in 1949.
President Truman signed the draft bill into law, granting unrestricted authority to resume inductions and to call up the National Guard and reserves at his will. The measure lasts until July 9, 1951, covering males aged 19 to 26. Lawmakers expected a tough fight but agreed amid the Korea crisis.
A Senate subcommittee released the names of more than 2,000 subscribers to racing news wire services as part of a national gambling probe. Chairman Ernest W. McFarland cautioned most lists likely include non gamblers but believes a majority are bookmakers. Hearings are planned for Miami St Louis Kansas City and Chicago this month.
A fresh Republican faction emerged after a Philadelphia gathering of delegates from 10 states. They issued a declaration of principles aimed at revitalizing the party, said Henry V. Poor, former president of the New York Young Republicans.
Census figures show total employment rising by 750 000 to 52 436 000 in June with agricultural work up to 9 046 000 and nonagricultural jobs increasing for a fifth straight month.
In a Western tale Thunderhead banishes Crown Jewel from Idaho, frees her from a crate crash, and pursues her into the Buckhorn Mountains with Old Pete as a witness. Ken and Buck discuss Thunderhead’s whereabouts and alleged mare theft as the pursuit unfolds across rugged terrain.
Ken defends Thunderhead amid talk of gelding the famous stallion after a valley fight with the Albino. The family weighs risks of leaving him with mares versus safety of Banner as Ken races to verify if Thunderhead is free and in the valley.
Classified ad listing several sales items: a café package store for sale across from a bank in Crosby Texas. welding shop for sale by owner in Aransas Pass Texas. skating rink 50 by 120 feet on East Beach Galveston listed for 7500 dollars with optional move or ground lease. contact Wm L Dunn Galveston.
Classified notes show job seekers for guards aged 30 to 50 within 100 miles of Houston and a 56 hour week. Also offers portable skating rink, razors, nutrition book ads, and a book promotion with mailing addresses in Baytown El Monte St. Louis Pittsburgh and more.
Real estate listing for a two story river front home with six rooms two baths Venetian blinds tile floors four car garage storeroom and servant quarters annexed to garage rock wall around property carpet lawns and boat landing with outboard motor asking price 18500 details are available through E A Dutch Hartman on weekends box 305 New Braunfels Texas.
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