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Newspaper
Reporter Boyden
Location
Boyden, Iowa, United States of America
Date
Apr 22, 1943
Page
2
Western Newspaper Union releases a weekly news analysis column noting editor’s opinions on current events. This feature presents interpretation rather than straight reporting, reflecting the service’s viewpoint.
The president warned special economic groups to end price and wage competition as inflation risks grow. The four point plan freezes wage increases beyond the Little Steel formula, imposes ceilings on cost of living goods, stops most hiring, and stabilizes carrier and utility rates. Draft classifications expand as boards reassign registrants under new rules.
The report covers U S air and naval strikes across the Pacific from the Aleutians to Guadalcanal, including American airmen destroying 37 of 98 Japanese planes near Guadalcanal and losses of seven U S planes. It notes a proposed 1944 defense budget of 24 551 070 000 and a 35 billion effort to recapture surplus spending power, with calls for higher taxes and war bond investments.
The British white paper details a clearing union to replace gold as the governing medium, with offices in New York and London and operations like a bank of nations. Observers see it as a trial balloon balancing American and British views on postwar trade and finance. Eden's praise of U S alliance on policy toward France hints at progress in North Africa diplomacy as Eisenhower delays De Gaulle in Algiers due to Tunisia’s battle.
The Agriculture Department blames black market activity for reduced livestock marketing and shortages at federally inspected plants. In Newark, seven meat packing firms were indicted by a federal grand jury for conspiring to violate meat price regulations and quotas.
Secretary of the Navy Frank Knox said salvage of the 83,000 ton former French liner La Fayette, formerly Normandy, is progressing and the ship should be righted by midsummer. London reports a 10,000 American alarm clocks shipment to Britain to aid waking coal miners for 2 a.m. shifts amid war strain.
Reports from Europe say Axis leaders doubled down on anti invasion measures as Germans and Italians oversee defenses in Belgium and Holland. Intelligence indicates high commands met at Brenner Pass to plan Italy defense.
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