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Newspaper
Mt Vernon Register News
Location
Mt Vernon, Illinois, United States of America
Date
Jun 14, 1950
Page
3
A 1940s era catalog notes a batch of mug designs with 94 patents granted on a batch. The text cites the Encyclopedia Britannica describing the St Johns River in Florida as the only major U S river flowing northward.
Conway Duncan of Blytheville Arkansas touts Hadacol as a remedy for tired nervous ailments caused by deficiencies in vitamins B Iron and niacin He recounts dramatic improvements after using the product urging others from all walks of life to try it Trial sizes cost 1 25 and large bottles 3 50 with a promotional tone and dated photography credit to The Lane Corporation 1950
AP News outlines the flag’s proportions and star history from 1777 to 1912. It notes the union width and length, stripe size, and star diameter, and tracks how new states added stars from Vermont to Arizona while stripes varied then settled at 13.
The Nation reports President Truman must sign or veto the Basing Point bill by Friday. The measure would set base prices and freight rules across steel and cement industries, impacting competition. Small businesses urge veto citing higher prices and monopolies, while big firms back it as regulatory clarity. The issue traces to the Multiple Basing Point system where mills in Pittsburgh Chicago and Birmingham set base prices and freight costs regardless of buyer location. Examples show buyers paid Chicago’s base price plus freight from that point even when sourcing locally. Cement makers faced a 1948 Supreme Court challenge to similar practices.
The text discusses a proposed law known as the Basing Point bill. It seeks to allow firms to absorb freight costs to avoid price fixing accusations if no collusion exists, and to match rival prices without conspiracy. Supporters claim it prevents price manipulation while critics fear monopoly incentives.
Liquor sales in night clubs account for about 58 percent of income and yield a 300 percent gross profit over costs, according to the Encyclopedia Britannica.
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