Lustron Deal Heads for Congressional Investigation
Rep. Cole vows a thorough inquiry into the 37.5 million RFC loan to Lustron of Columbus Ohio. Lustron president Carl Strandlund plans to seek more federal financing while RFC contemplates foreclosure and demands a recovery plan by January 6.
MENTIONED IN THIS ARTICLE
Washington
Lustron
Cole
R-Kan
Reconstruction Finance Corporation
Columbus
Ohio
Carl G. Strandlund
House
RFC
Jending
Harvey J. Gunderson
Strandlund
Gunderson
Congress
White House
No Rail Crisis Yet in Short Mining Week
The government says a three day work week for coal miners has not yet caused a transportation emergency. The ICC delayed curtailing rail passenger service but may act next week if coal stocks fall. An advisory panel notes a 30 day coal supply above ground and a Tuesday survey will decide on any passenger restrictions.
MENTIONED IN THIS ARTICLE
Washington UP
Gov Pa
Interstate Commerce Commission
ICC
J. Monroe Johnson
John L. Lewis
United Mine Workers
Lewis
Cole
Iron Properties
New York City
State to process 46000 World War II veteran bonus applications
The State Bonus Bureau will start processing 46 000 applications from veterans living outside New York. A constitutional amendment allows payment to nonresidents who were state residents when they entered service. Estimates suggest 150 000 nonresidents may be eligible and costs could exceed 30 million dollars.
MENTIONED IN THIS ARTICLE
Albany
New York
New Jersey
State
Ives Denies FEPC Will Hurt South
Senator Ives argues there is no real basis for Southern fears that a federal fair employment practices act would harm industry. He cites eight states with fair employment laws as evidence of positive impact and predicts no disaster from FEPC. Senator Russell says Southern Democrats will fight the bill when it is chosen for debate next session.
MENTIONED IN THIS ARTICLE
Washington
Ives
Russell
D-Ga
FEPC
Lie Urges UN to End Basic Fight
Trygve Lie urges the United Nations to resume step by step negotiations between East and West for a settlement. He cites the Mexican resolution and calls for renewed efforts in 1950 to extend political understanding amid UN tensions. Malik challenges Nationalist China representation in the Security Council as Tsiang defends a constitutional government.
MENTIONED IN THIS ARTICLE
Lie
Lake Success
LSE
Paris
General Assembly
China
Security Council
Jakob A. Malik
Soviet Union
T. F. Tsiang
Malik
Tsiang
Council
Bandits Hold Up Buffalo Grocer for 1706 Dollars
Four men robbed Walter J. Friedly and clerk Edison J. Russell as they returned from a bank in Kenmore. The car used belonged to Friedly, who operated a suburban Buffalo grocery. Police investigated the suburban Buffalo crime scene.
MENTIONED IN THIS ARTICLE
Buffalo GP
Walter J. Friedly Log
Ponawanda
Friedly
Kenmore
Edison J. Russell
Bookkeeper Is Hunted In $200000 Shortage Case
New York police issued a state alarm for Louis Chazen missing since Christmas Eve amid an estimated 200000 shortage at Publix Shirt Company. Aiding in the probe are prosecutors and 15 detectives as district attorneys pursue allegations of padded expenses and inflated costs. George Washington Carver Day proclaimed in Albany on January 5.
MENTIONED IN THIS ARTICLE
New York
Louis Chazen
Mount Vernon
Cele Chazen
Publix Shirt Company
Leonardst
Chazen
Manhattan
Albany
New
Governor Dewey Honors Negro Educator Carver’s Memory
The governor proclaimed a day to honor material benefits from the memory of the Negro educator I Carver. The speech praised progress and the achievements attributed to his influence, urging New Yorkers to remember his contributions.
MENTIONED IN THIS ARTICLE
York State
Dewey
Carver
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