Keyserling Urges 3–4% Annual Rise in US Output
Leon Keyserling, member of President Truman's Council of Economic Advisers, told Disabled American Veterans that goods and services in the United States must grow 3 to 4 percent yearly to meet a rising population. He noted a second quarter GNP drop to a $256 billion annual rate and projected a $80 to $100 billion rise in a decade, while Truman predicted output could top $300 billion in a few years as Federal Reserve data show banks lifting business loans by $80 million in the latest week.
MENTIONED IN THIS ARTICLE
Washington
Leon Keyserling
Truman
Council of Economic Advisors
United States
Commerce Department
Keyserling
Federal Reserve Boards
Senate inquiry continues into molasses deal links
Wisconsin senator Vaughn pressed for Justice Department indictments based on prior testimony conflicting with Maragon’s account of dealings. Hoey promised action at the proper time while Campbell pledged vigorous prosecutions for committee referrals. The panel heard more on Vaughan and Maragon’s suspected roles in the molasses fix and adjourned to hear Vaughan, Maragon, Maj. Gen. Herman Feldman, and James V. Hunt next Tuesday.
MENTIONED IN THIS ARTICLE
Wis
Justice Department
Maragon
Hoey
McCarthy
Alex M. Campbell
Vaughan
North Carolina
Herman Feldman
Army
James V. Hunt
Small steel firms seek exclusion from wage dispute hearings
Seven small steel companies asked President Truman's fact finding board to exclude them from its recommendations claiming they cannot afford wage increases. Executives urged separate consideration as hearings proceed toward an August 26 deadline. The board aims to settle the dispute between 58 steel companies and the United Steelworkers of America amid a 30 cent hourly wage demand.
MENTIONED IN THIS ARTICLE
New York
Truman
Factfinding
United Steelworkers of America
CSO
Park Attack Suspect Sought After Assault Near Brady Park
Mrs. Hoffine was attacked near Brady park, bitten and struck in the face and throat after a scream for help. Attacker, 25 to 30, 5'9" blond with Southern accent, intoxicated, left for Cheyenne after declaring plans to travel at 8 a.m. Wednesday. She was treated at General hospital then released to her mother. Police pursued several leads with no solid suspect identified.
MENTIONED IN THIS ARTICLE
Page 1
Brady Park
Bus Plunge Injures 14 Near Haven Kansas
A continental bus plunged into a ditch near Haven Kansas injuring at least 14 persons none seriously hurt according to the Sumner county sheriff's office.
MENTIONED IN THIS ARTICLE
Wellington
Kan
Haven
Sumner County Sheriff's Office
Yugoslavia Closes Frontier to Greek Guerrillas
Belgrade reports that Yugoslavia has sealed its frontier to Greek guerrillas and refugees fleeing into Albania as a Greek army offensive continues. Internment of those entering from Greece is reported.
MENTIONED IN THIS ARTICLE
Belgrade
Yugoslavia
Albania
Woman leaps 210 feet from George Washington Bridge
An unidentified woman jumped from the 210 foot George Washington Bridge into the Hudson River on Wednesday night. She was rescued alive from the river several blocks below the bridge linking New York City and New Jersey.
MENTIONED IN THIS ARTICLE
New York
George Washington
Hudson River
New York City
New Jersey
Gigantic Jean the four inch grasshopper performs stunts
In Longmeadow Massachusetts Mr and Mrs Thomas Cordis keep a four inch grasshopper named Gigantic Jean as a family pet in a fish bowl The insect was once named Jim until it laid 25 grasshopper eggs The grasshopper performs on a tiny trapeze and eats grape and iris leaves as part of its daily routine.
MENTIONED IN THIS ARTICLE
Longmeadow
Mass
Jean
Thomas Cordis
Jim
Senate Ratifies Five International Treaties in Vote
The U S Senate approved five treaties without roll calls. They cover international aviation rights, the Northwest Atlantic Fisheries agreement, a tuna science commission with Mexico, and Inter American Tropical Tuna commissions with Costa Rica, signed in 1946 to 1949 in various capitals.
MENTIONED IN THIS ARTICLE
Washington
Senate
United States
United States of America
Mexico
Mexico City
Costa Rica
San Jose
Labor Press Gets Rebuff Denied Gallery Membership Vote
A standing committee of congressional correspondents rejected by a 3 to 2 vote Labor Press Associates from joining the press galleries. AFL CIO unions back the labor sponsored group. The Alaska Highway cost during World War II is cited as $138.
MENTIONED IN THIS ARTICLE
Washington
Standing Committee of Correspondents
Congressional
Labor Press Associates
AFL
CIO
Independent
Press Association of Union
Alaska
Also Mentioned on This Page
Vaughn
NEA
Alden H. Waitt
Eft
Cherthical Corps
William G. Easton
Washington, D.C
Waitt
Parks
U. S. Senate
Geneva
Labor Press
Hollywood
Lynn Watson
Sunkist
California
Arizona
Idaho
the Post
Pocatello
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