Hoover calls RFC liquidation urged by Hoover
Former president Herbert Hoover told the Senate Banking Committee that the Reconstruction Finance Corporation should be abolished or sharply reformed. He accused the RFC of favoritism and corruption, urging small business loans be shifted to Federal Reserve banks and only nonemergency loans over $100,000 to be examined.
MENTIONED IN THIS ARTICLE
Washington
Herbert Hoover
Reconstruction Finance, Corporation
Hoover
RFC
Senate Banking
Dormer
Federal Reserve Banks
REC
Congress
NPA Steel Curbs May Be Replaced
Washington officials and industry leaders debated replacing the 20 percent steel-use cut with a blanket reduction in passenger car output. If approved by the National Production Authority the plan would likely extend to other consumer durable goods and shift the economic impact across manufacturing sectors.
MENTIONED IN THIS ARTICLE
Washington
NPA
Back Seat Stolen From Car, Perry Says
Alfred A. Perry, 63, of S47 W. Onondagase, told Patrolmen George Rayhend and Harold Boyle his car parked in front of 1003 Harrisonst last night had its back seat stolen when he returned a short time later.
MENTIONED IN THIS ARTICLE
Alfred A. Perry
S47
W. Onondagase
Reed
George Rayhend
Harold Boyle
Harrisonst
MacArthur Hearing Set Behind Closed Doors
Washington UP reports Senators will question Gen Douglas MacArthur on Far East policy in private sessions. Senator Sparkman called the closed approach substantial. A public hearing is planned for Thursday with a press-friendly, redacted transcript to follow.
MENTIONED IN THIS ARTICLE
Washington
Douglas MacArthur
Far East
MacArthur
Sparkman
D-Ala
Senate Armed Services and Foreign
Truman
Ruseaul
D.ga
Russell
Armed Services Committee
Mac
Tims
Five hundred Reds salute Old Glory in Vienna
In Vienna today five hundred Russian officers and men saluted as the American flag was raised and the hammer and sickle flag lowered. American troops also saluted amid marching bands and mixed ceremonies marking the turnover of military responsibility as East West harmony was celebrated in the capital. The event occurred in the inner city sector amid an impression of ongoing U.S. economic strength and a pause in the upward swing of inflation. Regular features are listed on the following pages with editorials and columns noted.
MENTIONED IN THIS ARTICLE
Vienna
Marquie Childs
Await Reply From Prague On U S Aid Request
In Frankfurt Germany the U S Embassy reported no answer yet from Czechoslovak authorities regarding a permission request. Associated Press chief of bureau and embassy counsel discussed the pending decision as officials awaited guidance.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
U.S
Ite
Qa&us
Ime
Pritoneg
Associated Press
Tyler Ompson
Home Town Welcome for General MacArthur in Murfreesboro
Mrs. MacArthur and family returned to Murfreesboro after a celebration at Sewart Air Force Base. Honor guard Pvt Melvin Haput, a Fort Campbell recruit and grandson of Elizabeth Rove, joined the greeting as General MacArthur and the Bataan arrived at 10:58 AM. An Air Force salutation party and welcoming delegation added to the procession through a city festooned with anticipation.
MENTIONED IN THIS ARTICLE
Murfreessoro
Tenn
Jean Faircloth MacArthur
Stalenush
Sewart Air Force Base
Murfreesboro
Melvin Haput
Elizabeth Rove
Peek
Broe- Arthur
Muorfreesboro
Eastwooi High
Fort Campbell
Bataan
Air Force
Air Fote
Guilph
Grand Jury Hears 23 Witnesses in Syracuse Trust Co. Probe
A federal grand jury in Syracuse began hearing 23 witnesses in a probe into a 2.7 million overdraft at Syracuse Trust Co. Howard Imsmeister, treasurer, and James H. Irish of Carthage, a former employee, were to produce bank records. Also present were FBI agents. Foreman Warman Engelnandt, former treasurer of One Onondaga County Savings Bank, leads the panel with Deputy Charles J. Ryan as acting foreman.
MENTIONED IN THIS ARTICLE
Syracuse
Drawia
Syracuse Trust Co
Howard Imsmeister
James H. Irish
Carsthage
Federal Building
James Carroll
Wlarshal
Fai Juul
Deuaonly
A. M. W. Hancoge
Shornos
US 3
Irving J Higbee
Gancock
Paul Shanahan
Higbee
Grand Jury
Warman J Engelnandt
Sedgwick Rd
Ono
Blanche Lobdell
Stillewater
Allen J. Noyes
Woyes
Glens Falls
More Wives at Sea Held Skipper Bait
London reports the Mercantile Marine Association says more British youth may be drawn to sea as wives accompany captains abroad. Gov. Gordon Browning welcomed the idea while shipowners complain progress is conservative and skippers urge honoring service with wreaths at the air base memorial in Smyrna.
MENTIONED IN THIS ARTICLE
London
Mercantile
Gordon Browning
Smyrna
Weather and Supreme Court ruling blend in daily briefing
Syracuse forecast calls for a fair today then slightly cooler tonight with cloudiness and a warmer pattern tomorrow. Temps rose to 70 yesterday, with 0.11 inch rainfall bringing April total to 3.77 inches, above normal. In Washington the Supreme Court voided hearings on three subversive groups under Truman’s loyalty program, sending the cases back for hearings on constitutionality.
MENTIONED IN THIS ARTICLE
Syracuse N
Mercury
Milax
Keller Sach
Rochester
Binghamton
Washington
Siskeme
Truman
National Council of American-Soviet Fiiendship, Inc
International Workers Order, Inc
New York City
U. S
Fresh Troops Move Up Reds Tighten Seoul Siege Ring
Tokyo dispatch reports China forming a 30 mile siege ring around Seoul as massive reinforcements move to attack United Nations forces. Skirmishes occur along lines, with one patrol counting about 1000 enemy dead in recent fighting. Air reconnaissance notes tightened Communist positions and night convoy bombings destroy 250 trucks heading south.
MENTIONED IN THIS ARTICLE
Tokyo
China
Seoul
United Nations
Forc
No-Mat
Lney
Creek Fence Issue Raised By Drowning
George L. Richardson and city officials face a push for 21,000 to fence 1900 east of Onondaga Creek after the drowning of 5 year old Richard Bailey near Midland Avenue. Two open streams claimed victims in three weeks, with eight year old Clifford Gullipea pulled from Harbor Brook near Marcellus Street. Richardson notes efforts to obtain easements from landowners, as previous requests and an ordinance stalled last July. The council expected to act next Monday on the fencing appropriation as officials seek alternatives and surface work along the creek.
MENTIONED IN THIS ARTICLE
George L. Richardson
Onondaga Creek
Richardson
Yesleay
Richard Baley
Midland Av
Clikerd Gullipea, S R
Auy St
Marcellus St
Harbor Brook
Richardson Sam Frank F. Harmon
Public Works
Council
Courie
Harman
Corporation Course
Clarence M Oswald
First City
Yuna Creek
Truman Seeks $60 Billion Defense Fund to Halt War Threat
President Truman asked Congress for a 60.7 billion defense budget to cover U S military costs and arm allies. He warned that Soviet rulers could trigger general war and urged strong defenses as the safest path to peace. The total includes 1.424 billion for various payments. details shown in the breaking sub totals.
MENTIONED IN THIS ARTICLE
United States
Congress
Sam Rayburn
Truman
Soviet Union
Poston
Senator Cheerful On Korea Retreat in White House Meeting
Senator McFarland of Arizona, House Speaker Rayburn, Leader Mack, and Senator Jonason met with the President after a briefing. McFarland offered brief, non elaborated remarks on Korea as withdrawals appeared to continue. The group held their regular Monday morning huddle with White House officials.
MENTIONED IN THIS ARTICLE
Washington
Senati
McFarland
White House
Korea
Arizona Democrat
White Hotta
Rayburn
House
wieCarmack
Jonason
D. Tex
Hig
Reds Rebuild Rail and Road Links in Reich
Russian engineers began rebuilding rail lines and a road network across East Germany linking Germany with Poland and Russia as part of a peacetime restructuring. The plan doubles tracks on main lines and weakens the tax cap debate by enabling Congress to suspend amendments for defense needs.
MENTIONED IN THIS ARTICLE
Reds
Reich
Tata
Tinil
Atrail
Bowery
Congress
Germany
Poland
Russia
Vogelaars Leave Vienna for United States Flight
Robert A. Vogeler and his family depart Vienna by Pan American flight to the United States after 17 months in a Communist jail in Hungary. Ambassador Walter J. Donnust accompanied the group to Tulln Airport in the Soviet-occupied zone of Austria. The flight, with stops in Frankfurt, took off at 3 PM local time.
MENTIONED IN THIS ARTICLE
Vienna
Austria
Robert A. Vogeler
United States
Hungary
Walter J. Donn
Ust “J
Aufis
Lucille
Pla J
Vogelers
Bobby
Billy
Vogeler
Pan American Airways
Tulln
Frankfuct
Germany
Costello and Adonis Named in Saratoga Crime Inquiry
In Ballston Spa, Costello and Adonis are named by Special Prosecutor John Minton as he questions prospective grand jurors for a $100,000 state investigation into organized crime in Saratoga Springs. He hints at calling gamblers to testify and asks jurors about Kefauver witness opinions.
MENTIONED IN THIS ARTICLE
Ballston Spa
Pranls Costello
Joey Adonis
Saratoga Springs
John Mm.minton
Costello
Adonis
Jspewal Grand Jury
Minton
Jtelevision
Sherif Frank
Hathorn
Sherif Malhkorn
Marthe Hathorn
Les
NBC TV to Carry Vogeler Interview Tonight
New York um A television interview made yesterday in Vienna with Robert A Vogeler will be broadcast on NBC TV at 735 tonight. The American businessman was freed Saturday after 17 months in a Hungarian Communist jail.
MENTIONED IN THIS ARTICLE
New York
Vienna
Robert A. Vogeler
National Broadcasting Company
Robbery Reported At Montreal Singer Patti Page Hotel
Police say burglars stole jewelry valued between $2,000 and $23,000 from Patti Page’s hotel room while she was absent. A mink coat was not taken. Page is currently performing in Montreal.
MENTIONED IN THIS ARTICLE
Monireal
Patti Page
Paga
TODAY'S CHUCKLE Two heads are NOT better than one
A lighthearted gag notes that two heads do not outperform one for tasks like washing ears, closing with a playful jab at Bayern and a punny twist on listening.
Also Mentioned on This Page
Jean Sen
Doug
Sthal Rad
Tennessee
Mrs. Mac
Saratoga
Manchurian
Colum
Richard Bailey
Defense Fund
Alden
Enmwatok
Marshall Islands
Atomic Energy Commission
Iwey
Nbc-Tv
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