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Newspaper
Raleigh Register
Location
Beckley, West Virginia, United States of America
Date
Jan 10, 1949
Page
8
President Truman outlined a 1950 budget totaling 41.853 billion dollars the largest peacetime sum in history. He said the plan includes foreign aid and a strong military buildup to meet Cold War needs while asking for higher taxes to cover deficits.
The Associated Press reports President Truman's 1950 budget proposals set total outlays at 41.9 billion with a 1.7 billion increase over the current year. Defense dominates at 21 billion, while veterans benefits decline by about 1.3 billion. The plan includes tax increases, housing and education initiatives, and a tentative universal training program. China civil war reports note Chiang Kai-shek’s government silent on mediation by the big four.
A fatal gunfight near Mattoon, Illinois leaves constable Arthur Bloom and Coles County farmer dead following a family quarrel. Investigators report a chaotic confrontation with multiple shots fired and authorities securing the scene.
A chaotic weather day in Virginia sees the north expecting rain while the south endures freezing rain sleet or snow as temperatures fall tonight. Winds rise Tuesday with colder conditions and snow in the forecast.
The nomination of Dean Acheson as secretary of state stirs a likely Senate fight over foreign policy, with Republicans split on his leftist-leaning views and his stance toward Russia. Acheson’s ties to Alger Hiss may also be questioned as critical hearings loom.
Democratic leaders may delay tax increases until Congress approves funding. President Truman sends a 41.9 billion dollar peacetime budget for the year starting July 1, sparking GOP economy demands and debates over corporate taxes and revenue measures.
Flames late this morning consumed a Crab Orchard garage destroying two cars a truck tires lathes and other equipment valued by owner Cecil Hughes at about 56000. The blaze spread to an adjoining building slightly damaging it as Beckley firemen saved nearby property. Paul Price was hospitalized for a badly burned right hand from a gasoline tank explosion during the incident.
President Truman outlines the 12 month budget plan detailing sources and destinations of revenue. Direct individual and corporate taxes, excise, duties, and other levies support national defense, international affairs, and veterans benefits.
State police report a hitchhiker robbed William Haddox departing from Charleston bound for Bluefield. Haddox, 31, was struck with a wrench or pipe on U S Rt 19 21 near Oak Hill, loosing his trousers and wallet while a suitcase worth about 100 was taken. He recovered at a hospital with head wounds and a possible skull fracture. he is described as employed at the Bluefield Social Security Office.
Washington report notes President Truman proposed a 1950 budget with a per person annual cost of 282.82 dollars for the coming year based on an estimated population of 248,098,000. The prior year’s per person cost was 271,904 dollars, and the 1961 figure reflects the pre Pearl Harbor year of 101.14 dollars with a population of 132,350,000.
A 16-year-old Philadelphia youth described as a crime comic fan is jailed on a homicide charge for the slaying of 12-year-old Ellis Simons. Police say the boy met Simons at a newsstand, lured him to a home, and fought over a chemistry set before Simons was killed with a bloodstained knife or scissors.
President Truman forecast a $1.0 billion drop in veterans spending next year and proposed canceling 24 new hospital projects while reducing capacity at 14 additional proposed hospitals. He also outlined a $5.496 billion budget for veterans benefits and services for the coming year, with major shifts in hospital construction and outlays.
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