Subsidy Restored in Senate Housing Bill Fight
Washington April 9 The Senate voted 53 to 20 to restore a 600 million dollar subsidy fund to a housing bill aimed at building 2.7 million homes in two years. The House had removed the subsidy. President Truman calls subsidies essential for veterans housing. Taft and Capehart led opposing stands, with supporters citing market guarantees for prefab homes and production boosts. A joint committee will reconcile with the House before forwarding to the President. Also Louis Newsom’s car damaged in a taxi collision near Philadelphia Athletics headquarters. minimal damage reported and no charges filed.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Truman
Capehart
R-Ind
Taft
Ohio
Wherry
R-Neb
Overton
Law
Barkley
D-Ky
American Federation of Labor
Carpenters
House Committee
Senszior Revercomb
R-Wva
Revercomab
Bobo
Louis
Bobo” Newsom
Philadelphia Athletics
Chrysler
Moin Court Street
Athletics
Franciscott Key Hotel
William “Gene
Newsom
Court
Patrick Streets
Douglas Stup
MacArthur tightens controls as bullion hoard grows
Tokyo reports General MacArthur acts to regulate Japanese finances by barring further government loan guarantees and forcing Zaibatsu to sell holdings for long term government bonds. He notes 1,100 bars of silver plus gold and platinum ingots in Bank of Japan vaults and bay mud treasure valued at billions. Argentina's Peron wins sweeping congressional mandate in Buenos Aires.
MENTIONED IN THIS ARTICLE
Tokyo
MacArthur
Bank of Jaapan
Tokyo Metal
Jtwo
Tokyo Bay
Go Wharf
Japan
General MacArthur
Batsu
Zaibatsu
Argentine legislative forecast with partial seat tallies
Final tabulations show incomplete results in Argentina with 109 of 158 Chamber of Deputies seats and 26 of 30 Senate seats reported. The data reflects early counts from the presidential history period, indicating ongoing proportional outcomes and party standings as officials finalize results.
MENTIONED IN THIS ARTICLE
Chamber of Deputies
Senate
Washington Jail Orgies Described in Senate Testimony
Howard B. Gill testified before a House committee on jail corruption, detailing two inmates who organized ventures including Engineers Group in 1941, a New Jersey coffee business, and an alleged New York vice syndicate connection. He said visits to Mayflower Hotel and other places supported clandestine activities, with guards tipping and whiskey and party props brought into the jail.
MENTIONED IN THIS ARTICLE
Washington
District of Columbia
Howard B. Gill
House
Gill
Engineers Group
War Contract Brokers
James M Currey
Mass
Boston
Curley
New Jersey
Ion Enterprises
New York
Vice
Mayflower Hotel
Ray L. Huff
Hebert
D-La
Memorardum
Veterans advised against buying overpriced houses in Hagerstown
A Hagerstown real estate board spokesman told veterans on April 9 not to buy houses at inflated prices. The warning followed reports of rising costs and speculative bidding. Officials urged careful valuation and verification of listings before purchase.
MENTIONED IN THIS ARTICLE
Veterans
Hagerstown
Hagerstown Real Estate Board
Housing costs and veterans pivot market risks noted
The speaker argues that reproduction costs are higher due to the danger of values slipping below mortgage obligations in later years. He notes veterans, aided by housing shortages, are buying homes they would not normally consider and that developments in the next decade will loom over aging houses bought now.
MENTIONED IN THIS ARTICLE
Hugh
Also Mentioned on This Page
Eurall
Manaakanes Sud AD
C. C. Carty
Patrick St
Vaaneseco
Bartara Fritchie Motor
W. Patrick St. Frederick, Md
Coe
Frank Keefer
Warwick Thomas
Hugh V. Giltinger
James Mirabella
Grandview Company
Buenos Aires
Juan D. Peron
Argentina
Siness
Laer Then
Deny Nan
Ans Gaiecs ON Tive
West
Allen's
Allen
Helena Rubinstein
Ion
Allen’s Corner Market & Second
Frederick
Southmarket
Junny
Bac
Kristin
C. £. Cline & Son Funeral Directors
Western Maryland Trust CO
Member
Federal Deposit Insurance Corporation
Esay Wi
N. Market Street
Weil Brothers
N. Market St
Spe
En’s Corner Market & Second
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