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Newspaper
Titonka Topic
Location
Titonka, Iowa, United States of America
Date
Apr 22, 1948
Page
1
Weekly News Analysis reports Congress approves foreign aid and an income tax cut. Bill Schoentgen notes U S action against communists shapes policy and politics as the year opens.
The United States moved to curb Soviet communism with a 6.098 billion dollar foreign aid package approved by Congress. The measure includes 4.3 billion for European recovery, 276 million for Greece and Turkey military aid, 463 million for China, and 2 million for Trieste. Reconstruction Finance Corp begins advancing 1.18 billion dollars to support allied nations, and Trieste is to be returned to Italy.
Congress overwhelmingly overrode President Truman on the income tax reduction bill as the House 88 to 31 and the Senate 77 to 10, marking the first major tax cut in nearly two decades. The veto, a bid to appear steadfast, faced a decided public mood in favor of tax relief amid election-year politics. The law shifts rates from 12.6 percent in the lowest brackets to 5 percent at the top, a structure benefiting higher incomes more.
At William and Mary College in Williamsburg Virginia Governor William M Tuck and President Truman exchanged cordial handshakes during convocation exercises where Truman received an honorary Doctor of Laws degree. The piece notes political tensions over tax policy and a fatal Berlin air crash involving a Russian fighter.
In Manila PF Aviston Almag Jer, a Bataan veteran, received a 49 cent army back pay check and promptly went insane, dying soon after. In Goshen Inf Harold Tinsley aged 9 nobly gave all his savings of bubble gum sticks to the Salvation Army for overseas children. In Artelia NM conscientious city fathers seek a method to stop absent minded citizens from mailing letters to trash cans.
The April issue of Business Comment, Northern Trust bulletin, reports a record high number of passenger cars on U S roads. It notes wartime production constraints and heavy scrapping, yet postwar output has not surpassed prewar peaks, with 27.5 million passenger cars registered in the U S as of July 1, 1847.
Reports say Chiang Kai-shek contemplates quitting the Chinese presidency to lead a holy war against communists while remaining a Kuomintang power figure as Hu Shih is urged to become president of China and Hu Shih chairs Peking University.
Warren R. Austin outlined a U N trusteeship plan for the Holy Land, noting possible foreign troops to maintain order if needed. The proposal signals U S willingness to deploy troops with international support, though optimism for ending Palestine’s strife remains low.
Carl C. Countryman campaigns as American Public Friend Number One with a bold slogan praising devotion to countrymen. He rejects communism and universal military training while noting no primary ballot presence and expressing support for Bricker if he cannot secure the nomination. Countryman believes he could be a good president and brings a personal sense of noble ambition to his bid.
The interior department has reserved about 40 square miles in southwest Colorado for exclusive use by the atomic energy commission to conduct a thorough survey for uranium deposits, the fuel for atomic energy.
The Washington Digest argues the U S has a prime chance to enforce peace or risk escalating savagery as government costs rise. It cites billions needed for global duties and defense, and mentions talk of a ten percent budget increase for the coming year.
A broad essay argues for universal military training and selective service, urging immediate registration and a strong peace through Pax Americana. It links preparedness to a stable world order, criticizes militarism, and notes domestic and international policy debates amid naval and fishing industry topics.
Bankhage comments on a giant dwarf cattle herd in Chicago while noting the weight comparison to a steer. He rails against revived old songs favoring Beautiful Ohio over Missouri Waltz. He cites Australian wives of American servicemen and farm egg price woes amid high feed costs.
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