Truman backs continuing peacetime curb on installments
President Truman argues in a letter to Federal Reserve Chairman Eccles that continued limits on retail installment buying are necessary. He cites wartime controls as a model for peacetime policy, warning that removing restrictions could raise prices and promote volatile business cycles while critics warn of a looming downturn.
MENTIONED IN THIS ARTICLE
Truman
Federal Reserve Board
Eccles
Control School
Control School of Thought
Fly Around the World Opens With Regular Air Route
The first regularly scheduled global air trip began from New York with a Pan American Constellation flight to London and beyond. Weekly east bound flights from New York and west bound from San Francisco will connect cities from Karachi to Bangkok and Honolulu. The journey covers 21 426 miles and takes about seven days with open stopovers. This summer sightseers can fly for a world tour and return home in a weekend. The feature calls this the start of a widespread trend for international air travel.
MENTIONED IN THIS ARTICLE
New York
London
San Francisco
Globe
Pan-America
Karachi
Calcutta
Bangkok
Manila
Guam
Wake Island
Honolulu
Debate Over UN Veto Power and World Peace
A column argues that abolishing veto rights of major powers may not fix UN effectiveness. It notes Russia's stake, compares to Prohibition, and questions enforcement without a police force or unity among powers, suggesting the veto could serve as a safety valve rather than a flaw.
MENTIONED IN THIS ARTICLE
United Nations
Russia
U. N
Moscow
Eeews
Etiquette Hint About Handling Wrong Numbers
When you dial a wrong number do not slam the receiver down. It is rude and shows poor manners to the person who answers. Stay calm and apologize briefly.
Wallace’s image stirs little real backing in U S politics
Washington reports indicate Henry Wallace faces scant sustained support despite publicity from critics and the Un American Activities Committee. His Europe and Britain tours drew audiences but few formal political recruits, with labor leaders and New Dealers largely unconvinced.
MENTIONED IN THIS ARTICLE
Washington
Henry Wallace
Wallace
House Un-American Activities Committee
Europe
United States
Great Britain
Labor Party
Jennie Lee
Labor
Aneurin Bevan
Attlee
London Tribune
Lee Pressman
Pearl Harbor
CIO
Roosevelt
Britain
Russia
England
Mr. Wallace
Good Taste Q and A on Invitations and Etiquette
Readers ask about graduation invites for two graduates sharing one card, paying for a guest’s garage storage, when to send wedding announcements, hosting a tea for a fiancé, and hotel registration rules. Answers provide practical etiquette guidance and suggest mailing replies.
Words Of Wisdom From C Buchan On Knowledge Use
A quotation attributed to C Buchan notes that every branch of knowledge a good person has may be applied to a good purpose. The statement reflects a view on virtue guiding learning toward useful ends.
MENTIONED IN THIS ARTICLE
C. Buchanan
The Power of Eyes in a Tiny Baby’s Smile
A reflective piece for parents about how a newborn’s gaze and early smiles teach children to connect. It explains that a baby’s focus on eye contact helps them feel seen and valued, and guides young siblings to use eye contact when communicating.
Psalm 89 24 Mercy and horn exalted in His name
A short biblical verse from Psalm 89 24 declares that mercy will accompany Him andHis horn will be exalted in my name, conveying a message of divine favor and strength.
Hidden Gold Strategy Says Trade Bury Plan
The state department notes 60 percent of the world gold, while nations shift to tobacco. F. E. Boone of Lexington stands as a major figure beside Truman in some views. The plan claims to trade for gold, then bury it to reclaim full possession, leaving Europe with the goods.
MENTIONED IN THIS ARTICLE
State Department
F. E. Boone
Lexington
H. S. Truman
Independence, Mo
Mr. Truman
Mr. Boone
Looking At Life Column on Labor and a Big Miner Barbecue
Erich Brandeis notes New Deal critics seek rapid constitutional change but argues basic principles endure. He contrasts labor disputes with Frostburg Maryland’s 100th anniversary barbecue at Borden Mining, praising human unity over capital and labor, as workers and management share food and camaraderie.
MENTIONED IN THIS ARTICLE
Borden Mining Company
Frostburg
William Borden
Big Savage Mountain
Borden
Croton Residents Honored For Honest Construction Efforts
Croton area residents are praised for exemplary conduct while Johnson-Bronze built a baseball diamond. The project, from grading to seeding and fencing, faced no nail missing and reflects strong community values from children to elders. Local parents are commended for supervision and teaching good citizenship.
MENTIONED IN THIS ARTICLE
Johnson-Bronze Company
Croton
Police remind motorists of new vehicle inspection window
State Police announce the regular semi annual inspection began May 1 with a July 31 deadline to submit. Authorities urge early inspection to avoid last minute delays and potential issues obtaining the required documents.
Just Folks by Edgar A. Guest
Counsel to young motorists urges safe driving and patience on the road. The poet recalls a wise man’s advice to treat all drivers with caution, yield to passing vehicles, and drive as if others may be impaired or unaware.
MENTIONED IN THIS ARTICLE
Edgar A, Guest
Universal military training urged by Princeton president
President Truman urged universal military training noting weakness could provoke fear in small nations and undermine world leadership. Ferenc Nagy, former Hungarian premier, proclaimed he remains a trustee for Hungary until people can freely elect their government. Ernest Bevin arrived in Paris for economic conferences and called for action to raise Europe's living standards.
MENTIONED IN THIS ARTICLE
Princeton
Truman
Washington
Ferenc Nagy
Hungary
Paris
Ernest Bevin
Europe
Arm Berle Warns Of Imminent Global War Threat
Adolf Arm Berle Jr, former assistant secretary of state, warns that the world stands with gun barrels pointed toward another world war, signaling rising international tensions and potential conflict.
MENTIONED IN THIS ARTICLE
Cleveland
Adolf Arm Berle, Jr
Two Leading Americans Urge Global Recovery Plan
Washington dispatch notes growing support for Marshall plan. Herbert Hoover and Bernard Baruch head a proposed commission to map assets, costs, and international aid while protecting the U.S. economy. The call stresses practicality and speed in forming a policy.
Hitler finance chiefs hid in plain sight say historians
Gen. Lucius D. Clay reveals Heinrich Himmler and Martin Bormann controlled the Reichsbank and Dresdner Bank financing Nazi Germany. The piece notes their meager incomes, lavish actions, and uses of wealth to back aggressive war while detailing Himmler’s modest Berchtesgaden villa and Bormann’s ruthless property seizures. It ends with a note on Cornish tin ore reserves lasting decades.
MENTIONED IN THIS ARTICLE
Adolf Hitler
Germany
Lucius D. Clay
Heinrich Himmler
Martin Bormann
America
Nuernberg
Reichsbank
Mhijalmar Schacht
Gen. Clay
Himmler
Gestapo
Bormann
Deutsches Bank
Dresdener Bank
Hitler
Hemmler
Berchtesgaden
Fuehrer
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