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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Jun 21, 1946
Page
3
Secretary Patterson reported to Congress that by May 7 the Army Price Adjustment Board had recovered about 9.99 million dollars in excess profits from war contracts. The total recovered across all agencies reached nearly 10 million, with expected further adjustments to federal taxes and profits, based on wartime renegotiations.
In a terse wartime notice the War Department outlines net recovery figures after negotiations. The document asserts a substantial sum was salvaged through official channels, implying the government would have faced a larger total without negotiated settlement.
Mont details a confused incident involving a trooper, a failed robbery attempt, and a horse seized amid a struggle. The report notes two riders fleeing, a horse overturned, and an item retained as evidence near Eugene, Oregon.
Washington report details how budget chief Raitha left after claiming government pay failed to attract talent. Many officials including War Department personnel director and the treasury’s undersecretary quit for private sector pay rises, with President Truman noting the issue. The piece cites salaries from 8 500 to 60 000 annual, plus a high profile bank post.
A historical note describes a pending bill to reconfigure Congress and raise official salaries from $10,000 to $18,000 for senators and representatives, plus higher pay for top officials. It lists current salaries including the President at $75,000 and federal judges, cabinet members, and agency heads, highlighting tensions over pay increases and government economy.
German girl Krebs, 21, captured yesterday feature on United States military government court charged with murder of M/SEG Skaterhi. Peoria, Cane, Willa Guatalt prose for contended the cerian piel stot Wunagin three thes in his Mitel June 12 with an stolen United States Away pistol.
A spokesman from the agency said the economy stabilization plan aims to lift corn and cotton prices while reducing costs for lower grade crops. Officials at OPA and OBS are considering higher prices for better states of costs and lower prices for inferior grades to stabilize markets.
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