President urges bold action to spur overseas investment
The President's Advisory Board on International Development warned that the U S could lose democratic allies abroad unless it rapidly stimulates American investment overseas. It called for a central permanent agency to coordinate federal and private programs as sagging living standards and rising populations in underdeveloped nations foster Communist influence.
MENTIONED IN THIS ARTICLE
Rockefeller
Wasteful Budget Cuts Promoted by Senators At Chamber Meet
Washington speakers urged trimming President Truman’s 78 billion dollar budget. Senator Byrd proposed 7.0 billion in cuts starting with a 15 percent across the board, targeting non defense and non fixed spending. Senator Douglas floated 84 billion in cuts with half in armed forces. Byrd urged trimming 300,000 to 400,000 federal payroll workers and criticized military manpower use. Ellsworth Alvord of the Chamber said 7 billion could be shaved. Assistant Price Director Phelps predicted a temporary recession amid inflationary pressures. Nelson Rockefeller cited the budget debate at the 19th annual Chamber session.
MENTIONED IN THIS ARTICLE
Washington
United States Chamber of Commerce
Truman
Douglas
D-Ill
Byrd
D-Va
The
Virginian
Ellsworth
Alvord
Committee On
Federal Finance
Edward F. Phelps, Jr
Nelson Rockefeller
Report of abortive burglary at Neal's Garage
Police reported an attempted break in at Neal's Garage on Fast Street near Seventh Street late Monday night. Officers found a broken window and scattered merchandise but no theft. Police also noted ongoing efforts to solve a cash theft at Cavell's but with little progress. Arrests were made in unrelated light collateral cases with bonds set under $100.
MENTIONED IN THIS ARTICLE
Neal
Fast Street
Seventh Street
Frank Dorsey
Ellis Carty
Tate At Cavell's Pracer
Frank A. Jake Grove
Vernon Rhoderick
Martin Kanade
John Paul Dixon
Montevur
Marty Phillips
Draft of Maryland Senate campaign report submitted in closed session
Washington May 1 The Senate subcommittee that investigated the 1950 Maryland Senate campaign submitted the first draft of a report in closed session The 45 page document was not released and may be public in about two weeks The panel closed hearings April 11 on complaints by Millard E Tidings that backers of Senator Butler violated election laws and smeared him The report by Chief Counsel Edward McDermott and Minority Counsel Ralph E Becker offers general legislative recommendations and reviews testimony The four member panel requires unanimity on recommendations Montoney said no agreement on proposals yet Also notes the subcommittee operates under unanimity and a Siamese aristocrat dish is noted as a stray item
MENTIONED IN THIS ARTICLE
Washington
For
Senate
Maryland
Monany Dr
Oklai
Millard E. Tydings
Butler
R-Md
Edward McDermott
Ralph E. Becker
Monroney
Subcommittee
Monteney
Viobra
Subpoenaed Bank Records On Campaign Inquiry
Baltimore witnesses testified about Maryland Senate race as subcommittee evidence reportedly drew no connection to the campaign. John M. Jonkel of Chicago was said to have had his personal bank records subpoenaed but showed no activity bearing on the campaign. No further investigation was scheduled.
MENTIONED IN THIS ARTICLE
John M. Jonkel
Chicago
Buller
Hilinoixland
Texas
Baltimore
Maryland Senate
Monroney
Refuses To Concur In Recommendation In Montgomery County
Montgomery County Council rejects a Medical Care Commission recommendation for additional county hospital facilities. The annual legislative session opens with four new bills. no hospital expansion likely this session. Separate items: commissions appointed in Westminster Carroll County for two-year terms. Jury ignores extortion charge against Sam Lane, with statute of limitations noted.
MENTIONED IN THIS ARTICLE
Rockville
Blay
Montgomery County Council
Medical Care Commission
J. Louis Monarch
Upper Marlboro
Carlyle J. Lancaster
Prince Georges County
Sam Lane
Lancaster
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Harry Lasane
Art Herriva
Chubby Wricht
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Coca-Cola Company
Frederick Coca-Cola Bottling CO
Market St
Frederick
Chas
K. Taylor
Baltimore City
Attorn
Bes
Frederick Bottled Gas CO
N. Market St
Wheaton
Bethesda
Westminster
Court House
Theodore R. McKeldin
John R. Reeves
A. Earl Shipley
Roger H. Anders
David Smith
Taneytown
Preston Hale
Hampstead
Board of Election Supervisors
Chester M. Nusbaum
New Windsor
Francis Crawford
Taylorsville
Election Board
J. Francis Reese
T. William Mather, Jr
Iim
ST. Joyeen
ASPIR
Lm. J. Grove Lime Co
Frederick Plant
East South St
Hagerstown
Med
Washington, D. C
Philadelphia
Frederick TO
Pittsburgh, Pa
Harrisburg, Pascece
New York, N. XY. Ce
W. Patrick St. Frederick, Md
Blue Ridge
Roadmaster
Roadmaster Bicycle
Boys of
Girta
Erame
Tvanans
Big Brother
Mercury Bicycles
Torrington
Reg
Price
Ats
East Patrick ST. Frederick, MD
Prieg
Umf
Reg. Price
Futt
Duran
E. Patrick St