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The Chronicle Telegram in Elyria, Ohio

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Articles on This Page

This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Oct 19, 1950

Page

16

Behind The News In The World Of Business

Leslie Gould argues that the United States has lost its favorable trade balance due to government programs. He claims the nation now runs a trade deficit as imports exceed exports, citing August figures of 761 million dollars exported and 819 million imported. He labels the situation a fundamental misalignment driven by policy.

New York Washington United States

U.S. foreign aid and trade deficits amid postwar concerns

The piece argues that 272 million in foreign aid includes 51 percent for arms shipments to Western Europe, producing an actual deficit of 330 million. It cites last year’s 5.357 billion trade surplus, eased by 6.016 billion in aid, leaving a net deficit of 659 million. Britain and Commonwealth nations benefit from U.S. giveaways while marking up raw material prices.

Western Europe Department of Commerce Britain ECA England Commonwealth U. S

Rive away program send token or no fighting forces

The fragment notes a copyright line from 1950 King Features Syndicate and mentions a program related to a token and fighting forces, but readable context is unclear and no further facts are discernible.

King Features Syndicate, Inc

Kiel says brakes caused collapse. witnesses back claim

Glen D. Kiel, 24, told police he merely braked and a building fell on him. Witnesses supported his account, saying Kiel skidded on tracks, struck a curb, and knocked out construction company building supports.

Grand Rapids, Mich Glen D. Kiel Kiel

Also Mentioned on This Page

Studebaker Stang Motorshones Chronicle-Telegram Leslie Gould Matic Water Warden Save Bendix Wome Appuances Bendix Niewspaptern Ab Commerce Department Akring The U. S. Treasury U. N Lowe Brothers Lowe Brothers Neptunite Neptunite W. Broad St Andy Broad St
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