Voluntary price and wage freeze planned in inflation fight
Washington reports that Alan Valentine of the Economic Stabilization Authority is considering a voluntary freeze on prices and wages at current December 1 levels, extending until March to gauge readiness for compulsory controls. Officials say enforcement would rely on compliance, with broader price limits likely to follow under the defense mobilization program led by Charles Wilson, newly named to oversee ODM as Truman tightens anti inflation measures.
MENTIONED IN THIS ARTICLE
Washington (P
Alan Valentine
Etonomic Stabilization Authority
ESA
Valentine
Charles E. Wilson
Wilson
General Electric Co
Truman
Office of Defense Mobilization
ESA to announce controls and price rollbacks on cars
The article reports ESA plans to impose mandatory controls and price rollbacks where justified amid protests from General Motors and Ford. Nash and GM indicate compliance, while Chrysler declined comment. The price ceilings, the first since 1946, apply to new cars only and target factory price levels. Valentine orders a ceiling to March 1, removing about five percent in price averaging. A separate note mentions local events: a covered dish supper by Keder Khan Caldron and a Christmas party hosted by WSCS at 6:30 PM following a business meeting.
MENTIONED IN THIS ARTICLE
ESA
General Motors
Ford
OPA
Valentine
G.M
Chrysler
Nash
Keder Khan Caldron
Housewife Slain as Six Wounded in Philadelphia Mad Sniper
Philadelphia police hunt a suspected mad sniper in Oak Lane after a 28 year old housewife, Mrs Clairte Cohen, was killed while washing dishes. The gunman allegedly fired from a terrace across the street through venetian blinds. Police staged mass patrols with 130 officers and 30 auxiliaries.
MENTIONED IN THIS ARTICLE
Philadelphia
Philadelphia UI
Oak Lane
Mar
Belese
Clairte Cohen
Igh
Regderits
3000 Sorties Reached In Nine Weeks Of UN Support
Lt. Kenneth W. Storker of Morton led the 3,000th flight in nine weeks of combat air patrols for the United Nations. The mission Saturday covered the Hungnam beachhead in northeast Korea aboard a Navy carrier aircraft.
MENTIONED IN THIS ARTICLE
Tokyo
Leyte
United Nations
Korea
Kenneth IW. Storker
Morton, I
UW J
Hungnam
Three Women and Baby Die in Bridge Crash
State Police report three women and a baby killed when a car missed a curve and rode a slanted bridge girder, crashing atop a car below. Surviving occupant Andrew Ondes of Barre, Pa, questioned by Officer Leo Armjbruster as details emerge.
MENTIONED IN THIS ARTICLE
SMNE
Leo G. Arm Joruster
Andrew Ondes
Ikes Barre
Crash Near Island Park Bridge Claims Four Lives
A car crash near the Island Park bridge on the Susquehanna River left four dead including Ondes and his 33-year-old wife and their 2 month old daughter. Also killed were Mrs Mary Lesho and Betty Lesho, both 22 from Ashley PA. Four others were in the vehicle.
MENTIONED IN THIS ARTICLE
Island Park
North Branch
Susquehanna River
Ondes
Mary Lesho
Betty Lesho
Ashley, Pa
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