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Newspaper
The Pocatello Post
Location
Pocatello, Idaho, United States of America
Date
Aug 29, 1949
Page
5
Fragment of postal notice text stating second class matter and audit bureau reference with scattered abbreviations and dates, unreadable in parts.
The piece surveys moves toward a gold standard as economists and politicians debate removing the 35 dollar fixed price and letting gold find its level. It notes the McCarran bill was defeated, outlines arguments for and against a free gold market, and mentions related political and military figures and events.
President Truman confronts a Senate confirmation battle for Carl Ilgenfritz U S Steel vice president named to head the Army Navy munitions board. Proponents cite indispensability while opponents decry outside salary ties. The clash includes Johnson Byrd Morse and Gurney amid a broader party rift.
Emily Teare struggles with a farmwoman role as director Melvin pushes for authenticity. After a tense dress rehearsal and a daring recovery, the cast abandons the set for a starlit lawn party with Gaynel and friends, setting up a planned continuation tomorrow.
Collection of quotes from Truman Bowles Morrison Shaw Fullbright Taft and others on war credit taxes housing and defense policy. Highlights include support for a Mediterranean balance of power and criticism of deficit spending and arms programs.
Marquis Childs reports Britain’s financial system is strained with ongoing gold reserves drain and a looming Christmas risk of near bankruptcy. Talks in Washington with Cripps and Bevin aim to shape temporary measures and Marshall Plan aid while considering devaluation and production cost cuts.
A New York bookie known as the Zipper is injured in a crash and treated by Dr. Lanning. While convalescing, he orders a gambling hedge on Merry Soul’s seven at Saratoga. The plan succeeds, and Big Nick repays the debt as the doctor and wife reflect on the humorous case.
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