Inflation and Economic Strain Spark Congressional Debate
The text cites Bernard Baruch urging wage, price and rent freezes, higher taxes, and rationing to mobilize economic strength. He calls for priority allocations, profiteering elimination, and production boosts, while Congress remains divided on his plan amid FTC data showing rising profit rates in key industries since 1940.
MENTIONED IN THIS ARTICLE
Bernard Barnch
Senate Banking Committee
Congress
Baruch
Robert A. Taft
Battle Lines and War News From Korea and Home Front
Desperate battles flare near Taegu as U S and allied forces blunt Communist assaults. Truman denies atomic use in Korea while exploring anti ship measures for harbor defense. US employment hits July peak with over 52 million. air power expansion promises thousands of new planes and workers for wartime production.
MENTIONED IN THIS ARTICLE
Korea
Truman
United States
North Korea
Defense
San Francisco
New York
Russia
Department of Commerce
Secretary of Commerce
Sawyer
Fis
U S Forces Ordered to Stand or Die on Korean Front
The article describes a pivotal moment in the Korean War as General Walker orders troops to stand or die amid a major 120,000 strong Communist offensive. Eisenhower warns that defeat could trigger a world war, while the public faces harsh realities of battle and casualties.
MENTIONED IN THIS ARTICLE
United States Air Force
Air Force
U. S
Baruch
Korea
Walton H. Walker
Americas
Walker
Ulat
Dunkerque
G. I
U.S
Eisenhower
Committee Opens Review of Nonmilitary Appropriations
The House Appropriations Committee plans a fresh look at non-military funding amid large defense spending. A spokesman said there is no fixed target but a goal to cancel all appropriations that can be cut, with observers fearing drastic reductions.
MENTIONED IN THIS ARTICLE
House Appropriations Committee
Spies Arrested as Hoover Warns of Subversion
The FBI reports two new spy suspects Abraham Brothman and Miriam Moscowitz, tied to espionage for Russia through Brothman’s engineering firm. Harry Gold names the pair as associates while seven Americans face arrest since Klaus Fuchs’ trial. Hoover urges citizen vigilance and rapid reporting to curb subversion.
MENTIONED IN THIS ARTICLE
Federal Bureau of Investigation
Abraham Brothman
Miriam Moscowitz
Harry Gold
Russia
Miss Moscowitz
Brothmen
Klaus Fuchs
England
J. Edgar Hoover
F. B. IL
F. B.J
McGrath
Justice Department
Washington
Aging Machines Show Alarming Decay in Wartime Pace
The nation’s aging population and its machine tools drift toward trouble says Willam L. Batt, former War Production Board chairman and SEE Industries president. He warns equipment deterioration could leave the country at a serious disadvantage in an emergency.
MENTIONED IN THIS ARTICLE
Willam L. Batt
SEE Industries, Inc
War Production Board
Also Mentioned on This Page
Ai 'S
Ichan Aceuy
Pan
Tex
Tom C. Gaddy
Washington Ave
Folka
Federal Trade Commission
Taegu
South Korea
Red
Chingu
Yamyang
Yondong
Hamechang
U. S. First Cavalry
Sonik Korosa
van Camp
Mati
Western Newcomers Union
U, S
America
Edwin J. Brach
Chicago
Bureau of Human Nutrition and
Home Ico Jnomics
U. N
Soviet Union
Stockholm
Security Council
Kremlin
Mike Monroney
Ben
Elmer Thomas
Oklahoma
Bedford Fils
Ealing
Kelloggs
Wm. Rogers Mfg. Ca
Kellogg
Firestone
Cutu
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