Truman Sees Commodity Drop as Stabilizing Force
President Truman, after a market alert, says the decline in commodity prices may avert a broader depression. Advisers note grocers cut prices due to psychology and headlines, not immediate cheaper raw goods. Wheat sales after January 1 and a 150 million bushel reserve weigh on grains, while industrial prices stay steadier.
MENTIONED IN THIS ARTICLE
Washington
White House
Truman
Council of Economic Advisers
Republican Congress
Bradley Birthday Party Draws In Bradley’s Office Crew
G I s best friend General Omar Bradley turned 54 and became chief of staff. Pentagon leaders debated invites to his birthday party but only Bradley’s clerks secretaries and enlisted staff attended. One senior officer General Fisenhower joined as the sole brass guest.
MENTIONED IN THIS ARTICLE
Omar Bradley
G.I
Bradley
Pentagon
Fisenhower
West Coast shipyards urged to revive idle plants
President Truman pressed West Coast representatives to push their appropriations committees to fund subsidies for west coast shipbuilders. He blamed Congress for bottlenecks, citing higher Pacific costs and the need to keep western yards ready for defense.
MENTIONED IN THIS ARTICLE
Truman
GOP
Dick Welch
California
Appropriations
Congress
White House
Henry Jackson
Washington
East
Pacific Coast
Defense
Political year splits video fun to watch and analyze
The author notes quadrennial party splits before conventions offer drama for observers. He discusses Southern Democrats, Negro voters, and a potential Wallace bid, quoting Senator Morse on Wallace not being ignored yet not decisive. Splits may influence presidential outcomes but rarely produce a Teddy Roosevelt comeback.
MENTIONED IN THIS ARTICLE
Baukhage
Congress
Adeline
White House
North
Missouri
Mason-Dixon
Sweet Adeline
Senator Morse
Progressive Magazine
Morse
Wallace
Teddy Roosevelt
Reds Assume Control Of Czech Government
After six days of crisis the Communists seized complete control of Czechoslovakia. President Benes resigned most of his cabinet as Gottwald became premier with Nosek directing police. The new government includes 12 Communists, with few allies, signaling a grim end to representative government and a push toward Soviet alignment.
MENTIONED IN THIS ARTICLE
Reds
Czech
Czechoslovakia
Eduard Benes
Klement Gottwald
Gottwald
Vaclav Nosek
Nosek
Benes
National Front
Czechoslovak Republic
Catholic Peoples Party
Jan Masaryk
Ludwig Svoboda
Prague
Hitler
Munich
Inside Info and Washington Market Rumors
An old Washington journalist recalls leaks and ethics in market plays tied to government info. He cites a brokerage pay scheme, a jailed reporter, and a wartime incident where a British embargo yielded a sharp lesson on confidential information.
MENTIONED IN THIS ARTICLE
Washington
White House
America
Great Britain
Britain
Australia
Prices Fall Quietly Steadying After Demand Drops
A Northwestern National Life study shows abundance in poultry eggs potatoes oranges and canned goods has kept prices from rising. Demand and money supply easing push prices down across small radios appliances and other manufactured items as buyers resist higher costs and sellers curb price increases.
MENTIONED IN THIS ARTICLE
Family Economics Bureau
Northwestern National Life Insurance Company
Also Mentioned on This Page
the Economic Front
G.i.s
West Coast Shipbuilding
National Association of Manufacturers
Henry Wallace
Sen
Wayne Morse
Oregon
Balkans
Finland
Austria
France
Italy
Russia
Midwest
Iowa
Northwest
Illinois
Indiana
U. S
Mexico
Chicago
Clinton Anderson
Westminster Kennel Club
New York
Madison Square Garden
William A. Rockefeller
Galle
Sunkist
Scott
Gray
BVA
Old City Gate
St. Augustine
Ceylon
India Teas
Maxwell House Tea
Mia Weill
General Foods
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!