Reds Make New Advances in Korea Worried Public View
Weekly News Analysis notes continued Communist advances in Korea with Yongdong Mokpo and Yongdok reports. Despite gains, US air strikes and reinforcements offer a brighter side as MacArthur says the Communists lost their chance for victory. Pentagon warns against rushing victory with possible spring offensive and large manpower.
MENTIONED IN THIS ARTICLE
Korea
Yongdong
Fallen Taejon
Mokpo
Yongdok
South Korea
Pusan
U. S
Douglas MacArthur
United Nations
Pentagon
Prices rise steady as wartime demand bites across nation
Average Americans face continued price climbs since the Korean War onset with foods and essentials up. Department store sales surge 24 percent year over year, Dallas records 39 percent gain while sugar coffee flour lard and eggs rise nationwide. hoarding and greed cited as drivers and talk of price controls or rationing grows.
MENTIONED IN THIS ARTICLE
America
Dallas
Texas
Population of United States Rises by 19 Million
Census bureau estimates the 1950 population at 150,520,000, nearly 19 million more than 1940, showing the nation’s population almost doubled in 50 years. Final figures await verification and revisions as needed.
MENTIONED IN THIS ARTICLE
United States
Census Bureau
Truman calls for $10 billion mobilization to win Korea war
President Truman asked Congress for a $10 billion upscale in military funds and powers to mobilize nationwide defense. He urged confiscation and prioritization of materials, loans for defense, and calls to reenforce non Communist nations while warning against new aggression. FBI tips program urged public cooperation with confidential reporting.
MENTIONED IN THIS ARTICLE
Dwight Eisenhower
Columbia University
National Defense
Truman
Korea
Congress
United Nations
Defense
Johnson
Food supply campaign aims to ease price fears
The government declared the nation's food supply ample with high production and large stocks. Officials noted price increases echo 1939 but pledged no shortages while households and retailers call for price controls and possible rationing amid inquiries into supply and demand.
MENTIONED IN THIS ARTICLE
Hersesi
Harding
Geltiet
Truman
Auto production to dip as war demand diverts materials
A spokesman warns of a sharp decline in automobile industry output in five months as steel and other critical materials shift to arms production. Dealers report booming orders, but civilian car and truck output faces downward revisions from 1950 estimates amid the Korean crisis.
First Cavalry Lands at Pohang Beachhead
U S Army First Cavalry Division made a surprise landing near Pohang on the east coast of Korea with no casualties or opposition.
MENTIONED IN THIS ARTICLE
First Cavalry
U. S
Pohang
Korea
Unemployment Benefits Drop 30 Percent in Early 1930s
The labor department reports a sharp decline in unemployment insurance payments. From January to June, the number of people drawing benefits under state laws fell by 30 percent, despite rising prices overall.
MENTIONED IN THIS ARTICLE
Labor Department
Taft urges immediate universal taxes to fund Korea war
Senator Robert Taft of Ohio proposes taxing all citizens now to cover the Korean war cost. He says the Russian threat imposes a permanent extra bill of 10 to 20 billion dollars yearly, lasting perhaps 10 to 15 years. Observers foresee mounting congressional pressure for rapid tax increases to fund defense.
MENTIONED IN THIS ARTICLE
Sen
Robert Taft
Ohio
Taft
Congress
Leopold III Returns to Belgian Throne Under Cloud of War
King Leopold III resumes reign after six years in exile with observers deeming his throne insecure. He surrendered to Nazi forces in 1944 and remained prisoner during World War II, gaining unpopularity for not resisting early German advances and displeasing many with his commoner wife.
MENTIONED IN THIS ARTICLE
Leopold III
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Tassan
Salam Hassan
Tut- Ankhamen
Union
Saga
Reds
Eisenhower
F. B
FBI
Senate de A Diller Datas Fem
Hese Rae Af Tangs
Ehad
Zama
U.S
Egn
A_ mh
Frank J. Baumbusch
Lathrop St
Columbus
Kellogg’s
Lanny Ross
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Yodora
Av Sa
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