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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Aug 17, 1945
Page
19
Government and industry prepare for peaceful transition after victory with price and wage controls kept in mind. Key officials warn that inflation could derail reconversion plans for industry and the economy. Reconversion Director John W. Snyder and Price Administrator Ches report the danger of laying past mistakes to rest.
After World War I delays in peacetime reconversion caused a two year stumble. Officials feared inflation and a ruinous economy if price controls were lifted too soon. The era’s lessons, echoed by Snyder, urged unity among management, labor, farmers and government to steer the nation through a risky transition. The War Production Board planned to shrink controls while keeping food price ceilings and essential rationing in place.
The Northside infant once near starvation at Cobdes Hospital is improving after doctors allowed a baby carriage outing. Nurses report weight gain and brighter behavior, while the father returns from Navy service. The court seeks to shield the child from publicity in ongoing custody matters.
The article notes an 11 year era of music and the ongoing deficit after the federal government withdrew backing for the symphonic program, forcing local officials to rethink funding and operations amid ongoing financial strain.
The hospital association has been granted by Supreme Court Justice William Murray the right to sell two Albany properties for a total of 6225 dollars. One parcel on Lexington Avenue is sold to Casistance Cook for 256 dollars, the other on Hamilton Street to Mary E. Ward for 287 dollars. The proceeds appear tied to a bequest from the late Troy Historical Association figure Ennen McCrefrey, who died February 19, 3942, with proceeds directed to beneficiaries in Albany.
A fragmented note cites intended support from wealthy Oklahomans in Oklahoma guiding a drive to raise 260000 dollars for a medical detictt project.
Julius Goss, 59, argued his innocence over fires at St. Peter's Church and two other Catholic churches, claiming a life of crime funded by robbing church poor boxes since age 11. Police said his explanation undermined arson suspicions as they reviewed the case.
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