Scanning the Week's News on Korea and Economy
The 30 day Korean cease fire expired without final agreement delaying line redraws. US allies push for full accounting of over 50 000 Allied POWs while Reds level accusations of bungling and deceit. Rural price cuts by Chicago firms spark 1952 inflation concerns as savings rise. SEC FTC report notes 1951 sales and profit declines across most industries. Public interest stops as Secretary Sawyer highlights growing personal savings at 22 billion yearly gains. GOP nomination race widens with Stassen Taft Warren Eisenhower reactions. Acheson frames 1951 policy across Europe Near East Far East and Pacific showing cautious progress.
MENTIONED IN THIS ARTICLE
Korea
United Nations
James A. van Fleet
United States
Dean Acheson
San Francisco
Europe
North Atlantic
North Atlantic Treaty Organization
Near
Middle East
Suez
Kremlin
Greece
Turkey
Far East
Pacific
Australia
New Zealand
Philippines
Japan
1952 Job Peak Foreseen At 63 Million In U S
Robert C. Goodwin of the Labor Department predicts 63,000,009 Americans will have jobs in 1952, an all time high, with 62,600,000 employed as of August 1951. He cites full employment, high living standards, and strong industry, noting heavy industry and defense orders will drive a midsummer peak.
MENTIONED IN THIS ARTICLE
Robert C. Goodwin
Labor Department
Goodwin
Retailing and population trends in postwar market notes
Census and Labor Statistics data outline housing ages and owner occupancy on farms, price shifts for foods and services, and regional population changes. The report warns about scrap drives, corn crop forecast cuts, pork price implications, and textile mills considering relocation to southern states for lower costs.
MENTIONED IN THIS ARTICLE
Southwest
Pacific Coast
Florida
Michigan
Connecticut
California
Oregon
Washington State
Arizona
Texas
New Mexico
New York
Washington
District of Columbia
Steel Companies
NPA
DPA
Agriculture Department
New England
Alabama
Mississippi
Louisiana
South Carolina
Tennessee
VA doubles living theatre program for hospitalized veterans
The Veterans Administration will expand the living theatre program to 56 VA hospitals in 1952, up from 27 this year, with the American Educational Theatre Association coordinating college and community groups to bring drama to ill and disabled veterans. Also noted are ROTC officer appointments and NSLI policy reinstatement guidance for recently discharged service members, including reinstatement options and 120 day deadlines.
MENTIONED IN THIS ARTICLE
Eterans
American Educational Theatre Association
D.L
Simpson
Minn
Washington
D.C
Commerce Aircraft Program Sets Military Use of Civilians
A defense commerce plan authorizes use of commercial four engined aircraft to meet military needs during national emergencies while preserving civilian air routes. It envisions several hundred planes and crews available on 48 hours notice and balances civilian and military transport. An Army anti aircraft artillery range is established off Cape Cod in the Atlantic.
MENTIONED IN THIS ARTICLE
Atlantic
Cape Cod
Chicago Feeder Cattle Show Nets Over $1 Million
A record 257 carloads of feeder calves sold at the 7th annual Chicago Feeder Cattle Show and Sale at the Chicago Stock Yards. Auction averaged $42.11 per cwt for 257 loads totaling $1,050,633, with steer calves 132 loads at $46.48 per cwt and heifer calves 50 loads at $44.15 per cwt. Grand champion blocky Herefords exhibited by Fred DeBerard. bought by C DeBerard of Kremmling Colorado and Wanatah Indiana buyers.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Stock Yards
Fred
Fred DeBerard
C. DeBerard
Kremmling
Col
Wanatah
Indiana
DeBerard
About Face and the Publicans of Palestine
A 1951 Christian reflection contrasts Roman tax collectors with Jesus calling Matthew. It argues many Christians follow habit over Christ, urging full conversion to 100 percent like Matthew. The piece cites dope peddler turning to Christ and asks who followers really serve.
MENTIONED IN THIS ARTICLE
Palestine
Jesus
Matthew
New England
Christ
Jesus Christ
God
Matthews
Americans May Eat More Meat in Next 12 Months
The USDA forecasts 1952 meat consumption rising to an average 144 pounds per person from 141 in 1951. Beef and veal drive gains with more beef in lower grades, lamb and mutton slip slightly, pork rising early 1952 then easing, and chicken turkey output increasing with turkey production possibly hitting a new high.
MENTIONED IN THIS ARTICLE
US Department of Agriculture
Experts forecast higher cattle slaughter in 1952
Experts anticipate a pivotal 1952 as meat animal outlooks point to a substantial rise in cattle slaughter after five years of decline. With current low slaughter rates and large farm inventories, the timing and price impact of the uptick remain key questions.
Also Mentioned on This Page
Main Street
Securities and Exchange Commission
Federal Trade Commission
Secretary of Commerce
Sawyer
GOP
Harold E. Stassen
Sen
Robert Taft
Ohio
Gov
Earl Warren
Gen
Dwight Eisenhower
Stassen
Taft
Warren
Army Post Office
Tokyo
Bureau of the Census
Bureau of Labor Statistics
WNU
Walter Shead
Armed Services
National Press
Washington, D.C
National Service
J.M.C
Dalton
Lk.b
Waterville
Commerce Aircraft Program
Bible 4 Speaks
Kenneth J. Foreman
Kristian Edoocation
National Council of the Churches of Christ of the United States of America
WNU Ventures
Dr. Foreman
Barrow
Rolland Anderson
Leland, NL
G.M.C. Indcr
Rutherford Potato Co
Barlington
Iowa
Sears New Styles
DR. Leonard Fitch CO
K. E
Wanda Hayes Welch
Chaleur
Lincoln
Ebraska
U. S
U.S. Defense
Maz N. Serlick
Portland
Ora
McKesson & Robbins, Inc
Tobacco By-Products & Chemical Corporation
Richmond, Virginia
WIU
Lydia Pinkham
Lydia E. Pinkham
Pinkham
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