U. S. Forces Advance in South Pacific Blows Hit Japs
U S forces push forward in the South Pacific delivering new air sea and land blows against Japan. Berlin bombing shocks Germany as Allied air power intensifies. Farm machinery output reportedly doubled in 1944, signaling wartime home-front mobilization.
MENTIONED IN THIS ARTICLE
U. S
South Pacific
Germany
Berlin
Red
Fritz
von Mannstein
Kiev
Crumbling Outposts Mark New Pacific Blow
U S forces after securing Gilberts push again into the Pacific theater. Maj Gen Hallend Smith leads 6,000 Japanese defenders killed as American naval and air actions target Bougainville and Guadalcanal. Japanese destroyers fall to torpedoes and gunfire in swift engagements as bombardment and aviation soften Bobm.
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U.S
Hallend Smith
Gilbert Islands
Makin
Tarawa
Apamama
U. S
Gilberts
Southwest Pacific
Solomons
Botgaihville Island
Bougainville
DO. S
Itchells
Congress debates farm subsidies and wartime production
The Senate and House consider ending retail subsidies to trim prices while sustaining agricultural output. Discussions cover subsidy extensions for vegetable oils, CCC borrowing up to 3 billion dollars, and new tax measures aimed at beer, jewelry, and transportation. World War II context notes rising production needs and labor shifts, with Germany bolstering actions near Turkey as Allied casualties in Italy rise.
MENTIONED IN THIS ARTICLE
Senate
Commodity Credit Corporation
CCC
Eocal
Treasury plans world bank to lure private capital postwar
The U S treasury proposed a world bank to back long term rebuilding credit and possibly guarantee private loans. U S contributions could start at 700 million dollars, with total aid possibly 3 billion. Britain would provide under one billion, while Soviet Russia’s share would be smaller.
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U. S. ‘Treasury
World Bank
Treasury
Harry” D. White
U.S
Great Britain
Soviet Russia
Board of Governors
The
Federal Reserve Bank
Alvin H. Hansen
Hansen
Kaiser ships count tops one thousand in early year report
Henry J. Kaiser outlined at the New York Economic Club that shipyards under his management have launched 1,087 vessels since January 1, 1841. Of these, 85 are Liberty ships, 40 test tankers, and 12 aircraft carriers with two or three troop transports carrying 4,000 passengers. Navy to allow cablegrams at most overseas installations. army bans fixed holiday greetings to soldiers overseas Dec 1–25 to ease facilities.
MENTIONED IN THIS ARTICLE
Henry J. Kaiser
Kaiser
New York Economic Club
Navy
Continental
United States
Army
World Relief Big Four to cooperate under Moscow pact
The United States Britain China and Russia will coordinate with the United Nations Relief and Rehabilitation Administration to obtain and allocate supplies for postwar needy nations. They will estimate European needs and direct raw materials to prewar industrial countries with manufacturing capacity. Nations not invaded may contribute 1 percent of national income to a relief fund.
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Moscow
U. S
Britain
China
Russia
United Nations Relief and Rehabilitation Administration
U.S
United ‘Nations
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