Truman Sets Economic Blueprint For Korea War
President Truman told Congress the nation must sacrifice and endure a wartime economy with limited controls unless the crisis worsens. He urged a no strike pledge, new defense funds of 10.5 billion dollars, five billion in taxes, rationing powers, and unity in higher taxes and production while warning against artificial shortages. The mid year economic report notes changes in policy due to Korea and Congress will see a fuller version on page two.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Korea
Beavor Townships Route Turnpike Grading Progress
Work on grading the state route through Beaver townships in Lawrence county began about a week ago and shows good progress with roughly a mile of the route under construction. Resurfacing on Route 422 Sampson Street to the city line is finishing today and improves the highway’s appearance at the city entrance. Autumn flowers are noted to bloom and evenings grow shorter as daylight hours decline.
MENTIONED IN THIS ARTICLE
State Turnpike
Beaver Townships
Lawrence County
Sampson Street
Grant Street
Daily Weather Report Forecast for South and North Regions
Rather cloudy with occasional rain this afternoon and early night in the south with some scattered showers north by night. Tomorrow looks partly cloudy and warmer in the south in the afternoon. Max 82, min 57, no precipitation. River stage 5.8 ft. Year ago, max 88, min 67, precip 1.76 inches.
MENTIONED IN THIS ARTICLE
United States
Turkish Troops to Join Battle in Korea Under UN Cmd
United Nations plans transport of 4500 Turkish troops to Korea to fight under General MacArthur. New Zealand and Australia announce combat forces. London reports a British Hong Kong brigade may join. Turkish Foreign Minister Koprulu sent a cable by offer to UN Secretary General Lie.
MENTIONED IN THIS ARTICLE
Lake Success
N. Y
United Nations
Korea
MacArthur
New Zealand
Australia
London
Hong Kong
Turkey
Russia
U.N
U. N
Trygve Lie
Koprulu
Acme Telephoto
South Korea
Walton H. Walker
Alford G. Watzin
Katzin
Walker
Johnson Asks For Support Of Truman's Plan
Defense Secretary Johnson urged Congress to provide Gen. MacArthur with the forces needed to win in Korea and to approve a permanent U S military strength increase. He cited two major factors a Korea campaign and broader global security. He said this is not a call for full mobilization but to increase our strength in being and support UN action.
MENTIONED IN THIS ARTICLE
Washington
INS
Defense
Johnson
Congress
MacArthur
Korea
U. S
Senate Appropriations Committee
Truman
United Nations
Aid to 17 Marshall Plan nations totals 3.592 billion
Foreign aid officials report that the 17 Marshall Plan nations received 3.592 billion dollars in goods and services in the year ending June 30. Since aid began Western Europe has received 9.401 billion. Between June 30 and July 25, ECA approved purchases about 47 million dollars. Principal recipients are Britain 2.562 billion, France 2.01 billion, and Italy 1.058 billion.
MENTIONED IN THIS ARTICLE
Washington
INS
Economic Cooperation Administration
Great Britain
France
Italy
229th Artillery unit Ready To Depart For Camp
On Friday evening July 29 at 8 30 the Headquarters and Headquarters Company and Service Battery of the 229th Field Artillery will entrain for Indiantown Gap to begin a two week training period Lt Col George F Mitchell commanding officer said today The two units based here are ready with only minor details left to finalize An advance detail will leave Cunningham Armory by truck Thursday at 4 am to ensure readiness for the main arrival.
MENTIONED IN THIS ARTICLE
Headquarters and Headquarters Co
229Th Field Artillery
Indiantown Gap
George F. Mitchell
229Th
Cunningham Armory
Truman Signs Arms Aid Bill
President Truman signed a 1 222 500 000 arms aid bill to supply western Europe Atlantic treaty nations Greece Turkey Iran and China. He stated the aim is to deter and defeat aggression worldwide and pledged continued resistance to new outbreaks of aggression.
MENTIONED IN THIS ARTICLE
Washington
INS
Truman
United States
Western
Europe
Atlantic Treaty
Greece
Turkey
Iran
China
All-Out Mobilization Urged by Baruch
Elder statesman Bernard Baruch urged Congress to impose a nationwide ceiling on prices wages rents and fees and prepare for all-out mobilization. In a prepared statement to the Senate Banking and Currency Committee he said the mobilization should occur before peace is won and that it will not be easier to do than now.
MENTIONED IN THIS ARTICLE
Washington
INS
Bernard Baruch
Congress
Senate Banking and Currency Committee
Baruch
Deaths Recorded in Local Notices
The notice lists deaths of Mrs. Frank Kerr age 46 of 208 South Beaver street D. Scott McCaslin age 91 of 208 North Bay street Frank W. Wimner age 81 of Portersville R D 1 Shirley Jean Gibson age 13 of 1509 Delaware avenue and Mrs. Joseph Withers age 51 of East Meyer avenue in the July 26 1950 edition.
MENTIONED IN THIS ARTICLE
Frank Kerr
South Beaver Street
D. Scott McCaslin
North Bay Street
Frank W. Wimner
R. D
Portersville
Shirley Jean Gibson
Delaware Avenue
Joseph Withers
East Meyer Avenue
U N Army Of 10000 May Be Sent To Korea
London action reports Britain ready to provide effective land reinforcements for the United Nations in Korea. Defense Minister Emanuel Shinwell said in the House of Commons that Britain will notify the U N of willingness to send ground troops to support the British far eastern fleet in Korean waters.
MENTIONED IN THIS ARTICLE
London
INS
Great Britain
United Nations
Korea
Emanuel Shinwell
House of Commons
Britain
U. N
Nations Army Pledges Grow as Korea War Aid Expands
United Nations Army forces possibly reaching 20,000 men form to support Gen. Douglas MacArthur in Korea. Thailand pledges 4,000 officers and men for ground service, followed by Turkey with 4,000 troops. New Zealand and Australia also join in.
MENTIONED IN THIS ARTICLE
Lake Success
N. Y
United Nations
South Korea
World Organization
Douglas MacArthur
Thailand
Phumiphon Adulet
Turkey
New Zealand
Australia
Air Force Calls Up Limited Reservists for Duty
The Air Force announced a very limited call up of reserve units and individual reservists to active duty as part of a Defense Department drive alongside the Army and Navy. About 80,000 to 100,000 reservists may be summoned from a total of 350,000, with 68,000 in organized drill pay units and about 36,000 attached to B 26 units.
MENTIONED IN THIS ARTICLE
Washington
Air Force
Army
Navy
Defense Department
U. S
Korea
Air Arm
P U C approves bus fare rise in New Castle service area
The Shenango Valley Transportation Co of New Castle wins an 8 1/3 cent token rate and 1 25 weekly pass price hike after a 3 to 2 PUC vote. The plan, covering New Castle Farrell Sharon Sharpsville and Wheatland, projects $103000 yearly gross rise though patronage fell since 1949. No protests filed.
MENTIONED IN THIS ARTICLE
Harrisburg
Shenango Valley Transportation Co
New Castle
Public Utility Commission
B. Frank Morgal
Camp Hill
John B. Conly
Pittsburgh
Farrell
Sharon
Sharpsville
Wheatland
Shenango
Thomas Loses In Ollahoma
Returns from Democratic primaries and run off elections in four southern states unseat a veteran Oklahoma senator deny a governor race in Arkansas and assure Russell Long of a full U S Senate term. In South Carolina Hugo S Sims loses, making him the youngest member of the 81st Congress.
MENTIONED IN THIS ARTICLE
Oklahoma
Arkansas
Russell Longson
Louisiana
U. S. Senate
South Carolina
Hugo S. Sims
Congress Sets Start on New Tax Bill to Lift Rates
Senate Finance Committee chair George explains hearings will begin next week on Truman’s plan to raise wartime taxes. Withholding taxes could rise 15 to 18 percent from Oct 1, corporate tax from 21 to 25 percent, and a 20 percent surtax on corporate incomes over 25,000 dollars. The rate for corporations becomes retroactive to Jan 1, while individual taxes are not. Hearing access will be limited to treasury spokesmen and a small tax staff. The panel will seek to amend the House bill to bypass certain excise taxes.
MENTIONED IN THIS ARTICLE
Senate Finance Committee
George
Treasury
House
Senate
Declare Motorists Can Rest Easy Now
The National Petroleum Council says there will be no change in the gas supply due to the Korean emergency. The council, made up of oil industry leaders, advises the government on energy matters.
MENTIONED IN THIS ARTICLE
Washington
INS
National Petroleum Council
Counter Attack By U S Forces Halts Korean Offensive
U S forces launched a surprise counter attack in Korea s southwest near Yongdong and Hadong driving back Red tank forces. The First Cavalry Division repelled several assaults while MacArthur reported Communist pressure but American and South Korean lines held.
MENTIONED IN THIS ARTICLE
Acme
South Korea
First Cavalry Division
James Beilstein
Butler, Penna
William F. Godfrey
Holland, Mich
Ed. Hoffman
U.S
Tokyo
Korea
Pusan
Yongdong
U.S. First Cavalry Division
Flaming Hadong
MacArthur
Fifth Air Force
Truman Seeks Labor Pact to Halt Inflation Rise
President Truman urged labor to pledge no strikes in vital industries and curb wage demands. He asked for national unity and cooperation among labor, business, and consumers to halt price rises. He warned Congress he may seek price and consumer rationing powers if his program fails. He said labor’s responsibilities grow with its rising economic influence.
MENTIONED IN THIS ARTICLE
Washington
INS
Truman
Congress
Manager weighs risky call in late inning heart of the game
With runners on first and third and the top of the ninth, the visitors lead by one. A power hitter looms as the crowd ponders whether the manager should issue a deliberate walk or pitch to the batter. The tense moment hinges on the choice and the crowd eyeing the action. The weather remains pleasant at seventy two.
Also Mentioned on This Page
Heer
Robert G. Nixon
1St Cavalry Division
Pa News
Daily Weather Report
Pierre J. Huss
Butler
Darrell Garwood
I. N. 8S
Gen. Walker
P.U.C
Thomas
Ollahoma
International News Service
By Frank B. Allen
USAF
Ed Hoffman
By Howard Handleman
I. N
Inside Today
T.V
Society Eee Eae
Arthur Memeter
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