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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Dec 29, 1949
Page
6
The Federal Reserve Board lauds dissaving by Americans noting 12 billion dollars in 1948 spending beyond earnings versus 11 billion in 1947. It cites 32 million spending units and 155 million in red ink, but argues dissaving reflects financial strength when savings or income exist to draw on.
Midwestern lawmakers flooded the Agriculture Department with mail protests over sharp drops in pork and egg prices. Eggs bring farmers as little as 20 cents a dozen and live hogs trade at about 13 cents a pound in the corn belt. Senator Butler of Nebraska led the request for action.
Rep H Carl Andersen wired Secretary Brannan seeking more time in the egg market dispute amid producer losses from lack of a defined market. He notes protests in Ins district and stacks of telegrams from lawmakers and farmers.
In Los Angeles the Young Democrats of California demand James Roosevelt resign as Democratic national committeeman. They cite a lengthy appeal and mass testimony, with printing costs projected at 65 000 to 150 000 dollars and a four month process before a court hearing on January 3. A Roosevelt spokesman declined to comment. TAX CRACKDOWN TO RECALL Congress aims to empower Treasury agents to pursue tax evasion and loopholes, with estimates of billions lost annually.
Jacque Mercer 18 of Arizona will keep the Miss America 1949 title despite an impromptu marriage to Douglas Cook at a moonlit ceremony. Pageant directors blessed the union and stated no rule requires Miss America to remain unmarried.
In Charlottesville and New York courts the Coplon espionage case centers on wiretap evidence and destroyed recordings. Judge Ryans warns counsel as FBI agents testify regarding taps on Judith Coplon and Valentin Gubitchev and their alleged meetings.
Frankurt Germany dispatch reports Rey Marlin Kiemoeller, foe of Hitler, urged the United Nations take over the occupation of Germany to avert war. He wrote to Gustav Heinemann, West Germany interior minister, calling for peace and unification beyond the two hostile powers of Russia and the West.
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