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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
May 03, 1949
Page
7
Marcantonio blasts New York rental regulation as a betrayal while property owners argue Woods plan underfunds relief. Housing authorities cite a federal formula for rent increases and note eligibility, timing, and adjustments may vary by property size.
A Democratic compromise on national emergency injunctions against labor disputes attracted mixed support and criticism. Republican leaders branded the move as desperation while urging labor freedom, and President Truman remained a central figure as parties debated the proposal and its departure from campaign pledges.
Washington reports a new formula to set fair net operating income for landlords under federal rent control. The plan targets 23 to 30 percent net income for owners of 14.9 million units and requires petitions to area rent offices with renters notified and allowed to object.
Palmer remained at his post as a fire department crew wired a new pump unit to the stalled train. He pumped for hours until the pump was hooked up, then finally relief as the 10 hour ordeal ended. Palmer and his wife spoke of the moment after arriving home with their 22 month old daughter Palmera Lynn and his inlaws. The Palmers are Newark natives formerly living in Encine California and Palmer was an art student in Los Angeles when his illness began.
London and Moscow radio report Russia borrows 20 600 160 wibles about 4 406000 at Russian rate in a new internal loan. It is the fourth postwar loan, redeemable in twenty years, according to officials.
Racing card lists horses Sirocco Balalaiky and Christmas Night in early odds. Fleurs De Rocaille, Beltrodgia, and Renoir appear with odds around 2.25 to 3.00, with 1.50-11.50 ranges noted for wagering.
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