Economic advisers flag high prices and inflation alarms
President Truman faces a harsh economic report from the cabinet's Council of Economic Advisers. They warn runaway prices will persist, risking a deep mood not a recession, and note low income households are depleting savings to cover bills. They also consider price controls and rationing, which the administration fears would trigger black markets.
MENTIONED IN THIS ARTICLE
Council of Economic Advisers
Truman
Brazil
Congress
New Yorkers Talk Wartime Britain and Show Biz Buzz
New Yorkers discuss wartime protected British boats in the harbor amid fears of time bombs. Irving Berlin’s Easter Parade film number draws $600,000. A United Airlines hostess named A Tomic flies Cleveland to New York. A polo game at the Polo Grounds features disabled war heroes in arms and leg amputee teams. Ernest Truex mourns a mother while rehearsing The Big People. Carmichael’s mother, 70, outperforms her son in boogie bounce. Sgt Alvin York’s heroism fuels oil wells at 80 barrels a day. John O Neill rises in American Legion politics aiming at New Hampshire governor. A Hollywood perfume dispenser gadget appears as gift accessory.
MENTIONED IN THIS ARTICLE
Irving Berlin
United Airlines
Cleveland
New York
A. Tomic
Alvin York
John O'Neil
American Legion
New Hampshire
Hollywood
New Deal Agencies Stand Up To Critics
The piece defends New Deal programs noting the Home Owners Loan Corporation saved millions of homes and the FDIC has paid into the treasury while protecting bank deposits. It credits AAA FHA and TVA services for farm and housing stability and recalls the FDIC act of 1934 pitched by Senator Vandenburg as part of New Deal legislation.
MENTIONED IN THIS ARTICLE
Home Owners Loan Corporation
Federal Housing Administration
The
Conservation Service
Tennessee Valley
TVA
Federal Deposit Insurance Corporation
Treasury
Federal Reserve Banks
Arthur Vandenburg
R., Mich
New York Bids For Hollywood And A Yeast Themed Yacht
New York pursues film industry revival with five year no strike pledge in Goth am area. Meanwhile Max Fleischmann unveils a new 168 foot yacht named Haida with playful nautical puns referencing yeast and cake.
MENTIONED IN THIS ARTICLE
Max Fleischmann
Marshall Diplomacy Shifts Tactics In Postwar Foreign Policy
Air age diplomacy moves away from long distance communications toward personal emissaries. Marshall uses discreet air missions to key capitals to shape European negotiating stance and press France Greece Rome and China for self help amid a donor conference. George Kennan leads the quiet outreach to influence policy and counter Republican pressure.
MENTIONED IN THIS ARTICLE
Marshall
Greece
Paris
Rome
China
Paris Conference of
U. S
State Department
Marshall Policy
George Kennan
Republican Congress
Europe
Remembering Yesterdays The Need to Save for Tomorrow
Merima warns that annual per capita income has reached a peak and urges saving a portion of earnings. He recalls past prices for wheat cotton hogs and corn to illustrate volatile prosperity and stresses preparing for hard times ahead.
MENTIONED IN THIS ARTICLE
Merima
Department of Agricular
Samuel Williams
Beltsville, Md
Missing Kaiser's Widow Jewels Spark Murder Probe
Berlin an Army CID investigator raises the possibility that Princess Hermine widow of Germany's last Kaiser was killed by underworld figures seeking royal jewels valued between 500000 and 2000000. Prince Ferdinand reports 29 of 95 jewels stolen from his trunk in the American sector Berlin with Russian authorities being asked to help.
MENTIONED IN THIS ARTICLE
Berlin
U. S
Hermine
Germany
O. R. Carlucci
Army Criminal Investigation Department
Frankfurten-the Oder
Prince Ferdinand
Carlucci
Underworld
CID
Ferdinand
Farmer reports pomato crop in Minnesota fields
John Ogden visited Petersburg to share his pomato discovery. He planted tomatoes beside potatoes this spring and now tomatoes grow atop potato plants while potatoes sprout from the roots, a result he attributes to pollen transfer by bees.
MENTIONED IN THIS ARTICLE
Petersburg
Mnd
John Ogden
Ogden
Waitress Fulfills Long Ambition in Pie Slap Incident
A Jackson cafe operator said an off duty waitress entered his restaurant seized a chocolate pie and slammed it in his face. She reportedly exclaimed this was something she had wanted to do for six months. Her landlady noted the woman had gone to Texas.
MENTIONED IN THIS ARTICLE
Jackson, Miss
Texas
Woman Drowns in Lake as Husband Watches Nearby
Mrs. Margaret Flaherty, 40, drowned near Burden Lake as her partly paralyzed husband Dr. Charles Flaherty sat in a rowboat a few feet away. She swam beside the boat and sank in 40 feet of water, state police reported.
MENTIONED IN THIS ARTICLE
Troy
N Y
Margaret Flaherty
Burden Lake
Charles Flaherty
Flaherty
Mongrel Dog Heroically Saves Child From Train Tracks
In Chadron Nebraska a mongrel named Sport dragged a two year old girl named Renne Christy to safety off railroad tracks as a freight train passed. The child, daughter of Mr and Mrs George Christy, escaped unharmed and the dog escaped injury.
MENTIONED IN THIS ARTICLE
Chadron
Sport
Renne Christy
George Christy
Also Mentioned on This Page
Sewing Circle Needlecraft Dept
San Francisco 6
Calif
Jeases
America
Stull
3Rd St. San Francisco &X
WNU
Doans
Drew Pearson
Walter Winchell
New Yorkers
Ernest Truex
Tloagy
Star Dust
Carmichael
Oth
Walter Shead
New Deal
H. S. Phillips
Gotham
Old Man Gulf Stream
East Coast
Arthur Godfrey
Paul Mallon
Wright. Patterson
Canada
Hubbards
Nova Scotia
New York Harbor
D.P
Hanau
Kaiser
Army
Tot
Scott's
Rener Colas
Wits
TM AE
Brees
McKessom Laboratories
the McCoy
P.O
Jacksonville
Florida
Eoans
Pinkham
Lydia E. Pinkham
Yor Et Gaia
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