Government asks major firms for seven day price advance notices
Washington reports that 25 large firms outside the auto industry were urged to give seven days notice before raising prices on major products. Alan Valentine, head of the Economic Stabilization Agency, telegraphed firms with annual business of 500000 or more. Names were not released, but autos were excluded as GM rollback orders stand.
MENTIONED IN THIS ARTICLE
Washington
Alan Valentine
The
Economic Stabilization Agency
G. M
Valentine
General Motors Corporation
General Motors
Harvester Company
International Harvester Company
Chicago
Truman
Wage policy drive seeks wage boosts to meet living costs
A12 group led by AFL President William Green and CIO Chief Philip Murray urged President Truman to allow wage increases to offset rising living costs and pressed for broader food price controls. They warned against relying on the Defense Production Act as rents and food costs rise. Parallel talks on wage-price policy in the automotive sector aim to craft a stabilization formula rather than wage freezes. A second item notes the Methodist Church calls a nationwide mid century prayer for peace on December 31 with 42 000 churches and 9 million members urged to participate.
MENTIONED IN THIS ARTICLE
The
Frederick
United Labor Policy
AFL
William Green
CIO
Philip Murray
Mr. Truman
White House
Cyrus W. Ching
Wage Stabilization Board
Nashville
Tenn
Dee
Methodist Church
General Board of Evangelism Today
Senate Passes Excess Profits Tax Measure
The Senate approved an excess profits tax bill aimed at draining 7.2 billion dollars from corporations this year and higher as defense spending rises. The measure, moved by voice vote to a House-Senate conference, would raise the corporate surtax to 47 percent total and retroactively tax earnings above 85 percent of the best three year average 1946 to 1949.
MENTIONED IN THIS ARTICLE
Washington
Senate
House-Senate
House
Excess profits tax debate shapes postwar revenue plan
Senate and House come to a clash over retroactive excess profits tax starting July 1 1980. Senate aims to cap total tax at 60 percent of corporate income while House favors 67 percent with several lawmakers seeking 70 percent. Conference talks begin tomorrow under Senators Douglas Connally Byrd Millikin Taft with Truman proposing four billion a year from the source. Estimates vary on annual yield for calendar 3950 and beyond as committees project between 3.4 and 5 billion dollars depending on year and spending.
MENTIONED IN THIS ARTICLE
Senate
House
Douglas D-Ill
George 'D
Connally
Tex
Byrd
Millikin
R-Cole
Taft
Ohio
Truman Acker
Truman
Finance Committee
Senate Hears Bill Aimed at Boosting Revenue Before Christmas
Debate shows the Senate expects to pass a new revenue measure despite criticisms it may not raise enough money and has inequities. Senator George, chair of Finance, says the bill was drawn in haste but can be corrected as it operates in practice. Leaders hope to send it to the President before Christmas as defense needs exceed the plan.
MENTIONED IN THIS ARTICLE
Senate
George
Finance Committee
77 Cities With Over 25000 Population
The Census Bureau says 477 U.S. cities exceed 25,000 residents, up from 412 a decade earlier. Midwest leads regions with 162, followed by the Northeast 137, South 124, and West 64. Combined population of these cities reached 61,425,669 as of last April 1, while the national total stood at 150,697,000. California leads states in number of such cities.
MENTIONED IN THIS ARTICLE
Washington
Qgensus Bureau
U. S
Midwest
Northeast
South
West
California
Population Figures by City Ranges Across Regions
The report cites city populations above 25 000 with counts for several states. It lists 35 for a region, 33 for Ohio, 30 for Massachusetts, and 28 each for New York and New Jersey. A total figure is noted as 10 340 230 in New.
MENTIONED IN THIS ARTICLE
Ohio
Massachusetts
New York
New Jersey
Population comparison in city sizes exceeds state totals
The statement notes that people in cities over 25 000 exceed the population of all states except New York California and Pennsylvania. It highlights the concentration of residents in urban areas versus smaller states and uses regional population figures to illustrate the disparity in state populations.
MENTIONED IN THIS ARTICLE
New York
California
Pennsylvania
Also Mentioned on This Page
James W. Anderson, Jr
Xmas Bikes
XMAG
Burall
C. C. Carty
E. Pat
Delphey’s Sport Store
Patrick Bi
Mensa
Hyde Park
Schroeder
East Patrick St
South Market
Moen
ASSIS
Studebaker
Commander
Prager
Manhattan
Hillside Motor Company, Inc
West Patrick Street
Kehne Furniture CO
South Market ST
Weil Brothers
Market St
Bapeee Corner
Market Streets
North Market Street
Seersucker
Dle
Gabardine
Lightfoot
SOAPS
LighHoot
America
rAnste eChiam
Rex
Hendrickson
Lewyt Vacuum Cleaners
Frederick CO
William S. Hood
U. S. 40
C. E. Cline & Son
E. Patrick ST
Aris
Tempera
Coblentz Paint & Supply Co
Frederick, Md
Bennett
Bennett’s
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