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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
May 19, 1950
Page
10
A group of 43 industrial leaders from firms with assets totaling 24 billion dollars pledged to stabilize employment and create more jobs. At Boston's Faneuil Hall, they called for steady production, new markets, and investment to lift living standards while noting regulatory and tax obstacles. They warned that ongoing government overreach could threaten venture and toil.
In Washington the Senate faces fresh votes on President Truman’s reorganization agenda as five proposals fail or pass. Agriculture Department plan rejected by voice vote, Labor and Commerce efforts advance in House while Senate tests stall action on Federal Power and Federal Trade Commissions amid disputes over Hoover Commission recommendations and executive oversight.
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