14 Apr 1949
Page 1
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Newspaper
Moulton Weekly Tribune
Location
Moulton, Iowa, United States of America
Date
Apr 14, 1949
Page
1
The weekly N A analysis notes price reductions across autos, radios, refrigerators, and steel while consumer buying tightens. It cites mid‑season sales, lower costs for ice cream and batteries, and warns of ongoing readjustment as the economy cools. It also covers aviation stunts, cross country attempts, and the Defense Secretary role in unifying services amid interservice friction.
Congress passes a 15 month rent control bill that preserves federal control but allows state and local bodies to trigger decontrol. It empowers the housing expediter to sue landlords for three times any overcharge and maintains veterans' priority. The Federal Reserve cuts stock down payment to 50 percent, signaling easing inflation concerns and looser installment credit for consumer goods.
Retiring Secretary of Defense Forrestal received a medal from President Harry S Truman during a farewell visit at the White House. The ceremony followed a service rally honoring Forrestal’s long service and his departure from the role.
Assistant Attorney General Squire N. Williams says a wife may swear out a search warrant against her husband in Kentucky. The ruling notes no mention of extending this to the husband’s finances, and Prestonsburg attorney Harry R. Burke says he knows of no statute banning women from taking such actions.
President Truman stands firm after the senate armed services committee rejected Mon C. Wallgren as head of the National Security Resources Board. A floor fight is anticipated as Truman plans to seek relief from committee limits, potentially rallying Millard Tydings to press the nomination. Senator Magnuson suggested a possible maneuver to bring the issue to the full senate with an unfavorable report. The panel voted 7 to 6 against Wallgren, ending hopes for quick approval.
A virologist demonstrates harvesting Newcastle disease virus from embryonated chicken eggs. Scientists see a bare possibility that an anti-patio vaccine could be developed from this virus, an ailment fatal to young fowls. The Cultural Conference for World Peace ended with boos and protests from left and right groups. A delegation of seven Commu nists including Dmitri Shostakovich attended, with plans for a nationwide speaking tour after the event. U S authorities warned the Russians to curtail travel, while the State Department might consider visa extensions. Meanwhile, a Calcutta soccer defeat sparked a mob attack on a train, injuring eleven people.
F B Hunt of Hale county Texas reports higher wheat yields with irrigation and fall ammonium nitrate fertilizer. Applying 200 pounds per acre on land summer fallowed raised yields from 40 to 55 bushels in continuous wheat, and from 15 to 30 bushels with the same treatment. Many Panhandle farmers are using irrigation to enable crop rotation and legumes.
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