Inflation Costs Taxpayers Seven Billion Annually
Secretary Marshall told Congress inflation costs the United States about 7 billion dollars yearly in military supply purchases. He urged extending the 1950 Defense Production Act to curb inflation as critics and supporters spar over its renewal. Marshall linked inflation to higher war mobilization costs and predicted rising defense procurements through 1952 and beyond.
MENTIONED IN THIS ARTICLE
Washington
Marshall
Congress
Senate
House
Ways and Means Committee
Senate Banking Committee
Office of Price Stabiliza
Price ceilings hike for Atlantic oils and beef price listings
The government authorized a 17 to 31 cent per barrel rise for residential fuel oils on the Atlantic seaboard. Meat markets nationwide received a two week extension until June 18 to post official beef ceiling prices. Farm prices trend lower for the third straight month, down about 1 percent in the month to May 15 yet still roughly 27 percent above a year ago. Whiskey and wines were removed from the general price freeze, permitting future price increases tied to rising production costs, though most changes won’t appear soon due to aging.
MENTIONED IN THIS ARTICLE
the News
Frederick
Atlantic Seaboard
Department of Agriculture
Michael V DiSalle
Seven Say They Favor Phone Rate Increases Baltimore
At least seven Marylanders urge the Public Service Commission to approve a rate increase for the Chesapeake and Potomac Telephone Company. Carlton Pyles, a Baltimore dealer, says the company is justified as costs rise faster than rates and provides more service per dollar than other utilities.
MENTIONED IN THIS ARTICLE
Baltimore
Auto Agencies Presidents Named In Request Increase
The notice lists F. W. Williams and W. J. Freas as presidents of auto agencies at Silver Spring, Rev Richard Minndberg of Pikenville, J Norman Lane of Baltimore auto dealer, and J. Bliss Brill with J. F. Benham as Baltimore contractors. The company has not specified the amount of the requested increase.
MENTIONED IN THIS ARTICLE
F. W. Williams
W. J. Freas
Silver Spring
Richard Minndberg
Pikenville
Baltimore PSC Hearing Push Stalls Despite Mayor’s Push
The commission has not acted yet while the Public Service Commission faces pressure to hold a hearing. Mayor Thomas D'Alesandro announced opposition to any rate increase as Baltimore residents await a decision on utility pricing.
MENTIONED IN THIS ARTICLE
Commission
PSC
Thomas D'Alesandro
Baltimore
Juries Award $24,661.11 Against Weil in Two Judgments
In Circuit Court Tuesday afternoon the Free State Oil Company and the Free State Oil Company of Virginia won two verdicts totaling 24,661.11 against Irving H. Weil. The larger award was 17,764.61 for the first plaintiff and 6,876.50 for the Virginia company. The suits claimed Weil promised payment for Congress Oil Company of Washington’s account, with Weil cited as stockholder in that firm. Weil disputed making such assurances.
MENTIONED IN THIS ARTICLE
Jate
Free State Oil Company
Free State Oil Company of Virginia
Irving H. Weil
Weil
Congress Oil Company of
Washington
Washington Concern
Patrick M. Schnauffer
Devereux urges bold U S moves in foreign policy
Westminster May 29 Rep James P Devereux says a basic error in U S foreign policy is waiting to see what Russia does before acting. He argues the United States should act first while noting Russia is ready to declare war when it chooses. He praised Senate hearings for clarifying administration thinking and informing the public.
MENTIONED IN THIS ARTICLE
Russia
Kiwanis Club
Westminster
Taneytown
Senate
Devereux
Also Mentioned on This Page
Allen
Hiltner—Roelke
Colonial Music Shop
East Patrick St
Burall
Carky
Mervin L. Green
Walkersville
Clara Green
Green
Clyde Z. Green
Near Walkersville
Laura Virginia Wilhide
Cof
Carey E Wilhide
Willys Jeeps Station Wagons Trucks
Parts & Service
Eyler’s
NO. 40
Rivgfvilee, MT
AMY
Delphey
West
Patrick St
Mullins
Damascus Electric CO
Damascus
New Market
MT. Airy
Frederick CO
William S. Hood
U. S. 40
Eas
Western Maryland Trust Company
Federal Deposit Insurance Corp
Mobilieat
Socony
Economy Oil CO
Fisher Bros
Dumont
Wayside Rt 422
Wast
Patrick Street
Mathias and
Mathias
Robert E. Clapy, Jr
Herbert RR. O'Conor, Jr
John R. Fitzpatrick
Messrs. Lynch and Melrod
Bennetts
Bennett's
Monarch
Seamprote
Dem
Lez
Delphey’s
Columbia and Schwinn
Chevrolet
Plymouth
ConYander Studebaker
Helen Powell
Hendricksons
Mary Long Wimp
Tiursd
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