Investors Fear Future Despite Bright Steelman Promises
Washington. The Steelman report touts record profits and high national income yet the stock market declines. John Steelman warns of uncertainty among business leaders while predicting rising net income for proprietors and dividends. Investors fear unions, price controls, and wage rises will erode profits, delaying the hoped for boom. AFL President Green calls to lift OPA ceilings except for rents.
MENTIONED IN THIS ARTICLE
Washington
Steelman
John Steelman
General Motors
U.S. Steel
AFL Pres
William Green
Byrd
Labor
German Education In Postwar Reform Aims For Democracy
A Washington report argues that rebuilding German education in the American zone is crucial to democracy. It notes the fourth grade division, scarce resources, and the need for acculturating reforms with strong American backing to ensure enduring peace. The piece cites denazification demilitarization and potential exchanges with German educators.
MENTIONED IN THIS ARTICLE
Washington
Germany
Old Germany
Congress
State and
War Departments
Reich
William Benton
Zook
Western
Europe
Educational Mission
Benton
Fritz
Johann
Secretary of State
Full U.N. agenda, Molotov praises Truman amid looming strikes
Molotov shakes hands with Truman at the United Nations and Waldorf Astoria as he praises Truman’s speech. The agenda includes proposals to curb veto power, set up a trusteeship council, and monitor allied troop reports. Unions press wage hikes with auto and farm equipment talks. UMW criticizes U.S. contract handling with coal pits.
MENTIONED IN THIS ARTICLE
Vyacheslav M. Molotov
Mr. Truman
United Nations
New York
Molotov
U. S
Auto
Cno-United Auto Workers
Chrysler Corporation
Chrysler
UAW
International Harvester
Cio-Farm Equipment
Harvester
United Mine Workers
UMW
John L. Lewis
Secretary of the Interior
Krug
Lewis
Recall 1920 Spiral Farm Mortgage Debt Soaring
CHICAGO farmers face rising debt for the first time in 23 years. Dr Norman J Wall head of the division of agricultural finance warns at the National Agricultural Credit committee that inflated land prices and cash abundance push farm mortgage totals higher. Non real estate credit by banks climbs 22 percent, while repayment slows as farmers use savings to buy manufactured goods.
MENTIONED IN THIS ARTICLE
Chicago
Norman J. Wall
Division of Agricultural Finance
Bureau of Agricultural Economics
National Agricultural Credit Committee
Wall
Mail orders filled Merle Norman cosmetic studio Houston
Carbon dioxide a conducive factor to poneeyity addressed to E. Jay Clemons M D at 5425 Brynhurst Ave Los Angeles California. The note lists a Houston Texas studio and a California address.
MENTIONED IN THIS ARTICLE
Merle Norman Cosmetic Studio
Kress
Houston
Texas
E. Jay Clemons
M. D
Brynhurst Ave
Los Rares
Cal
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Thesn News
Paul Mallon
Western Newspaper Union
OPA
Baukhage
WNU
Eye Street
N.W
Washington, D. C
Dr. Zook
Goebbels
Russia
U.N
U.sn
U. N
Australia
Cuba
Security Council
Sians
Mediterranean
Iran
Spain
Billy Keefe
Jersey City
N. J
Board of Health
New York Children’s Aid Society
Prompt Service
Hamy
Robinson St
Hudson, N
Farley Evaris
Uth Ata
St.Joseph
Ee Omraiere
Doan