Economists Call for Realistic Economic Mobilization
Washington leaders of the Twentieth Century Fund urge pay as you go taxation and a labor management truce to curb inflation and price pressures. They favor tighter monetary policy and selective rationing, warning direct controls need broader tax and credit support. The four study authors are John Maurice Clark Arthur Smithies Theodore W. Schultz and Donald H. Wallace.
MENTIONED IN THIS ARTICLE
Washington
Economic Stabilization Committee
Twentieth Century Fund
John Maurice Clark
Columbia University
Arthur Smithies
Harvard
Theodore W. Schultz
Naval Academy eliminates plane trigonometry from entrance rules
Annapolis drops plane geometry trig and elementary physics from admission requirements aligning with West Point. Navy football officials welcome the move noting it should help the program, while West Point had already removed the subjects years earlier.
MENTIONED IN THIS ARTICLE
Annapolis
Naval Academy
West Point
Navy
Railways reached peak mileage around 1916
The record mileage of American railways was achieved circa 1916, marking the high point of network expansion before the ensuing shifts in transportation patterns.
New Rules Expand Family Benefits For Servicemen
Redbook Magazine explains the Class Q allotment system with a chart. The February issue shows larger monthly checks for families and a limit of three dependents, with government contributions varying by rank and dependents.
MENTIONED IN THIS ARTICLE
America
Redbook Magazine
J. Robert Moskin
Spelling Decline in Austin Schools Warned by UT Expert
Dr. Fred C. Ayer of the University of Texas notes reduced emphasis on spelling in elementary grades is lowering high school students' spelling skills. His 1950 survey parallels 1915 and 1925 findings, showing a drop from 100 percent spelling "trouble" in ninth grade in 1915 to 91 percent in 1950.
MENTIONED IN THIS ARTICLE
Austin
Fred C. Ayer
University of Texas Distinguished
Ayer
Doctor Has Good News for Slumping Posture Seekers
Dallas surgeon Dr. Paul Williams says slouched posture lowers back pain risk by avoiding the old chest-out, shoulders-back habit. He advises a slight seated slump, low chair, forward chest, and sleeping with knees propped. In Washington, Lyndon B. Johnson notes Texas will receive about 125 million dollars in federal grants in the new fiscal year.
MENTIONED IN THIS ARTICLE
Dallas
Paul Williams
American Academy of Orthopedic Surgeons
Williams
Associated Press
Washington
Lyndon B. Johnson
Texas
Hirohito Buys Big U S Car
Emperor Hirohito purchases a 1951 Cadillac his first new car in sixteen years. The imperial household says the vehicle will save gasoline and not be extravagant.
MENTIONED IN THIS ARTICLE
Tokyo
Hirohito
Imperial Household
Texas Receives Federal Aid Totals And Allocations
Federal funds for Texas show highway construction at 25,583,720 with prior year figures higher. Nine programs lack current year totals while many allocations through next June include school lunch, hospital construction, aid to the blind, and other public works.
MENTIONED IN THIS ARTICLE
Texas
Unemployment Compensation and Employment Commission
Administration of Veterans
Public Housing Administration
Public Works
Oil washable from cloth advances textile industry
Petroleum research scientists develop a machine oil that can be washed out of fabric, promising easier cleaning and maintenance for textile products.
Taft Demands Ok On Troops From Eisenhower Report
Senator Robert Taft urged President Truman to submit any agreement on dispatching American troops to North Atlantic Pact allies to Congress. Taft said Eisenhower impressed Congress but was not definite about European defenses or troop numbers, and transparency is needed to judge ratios.
MENTIONED IN THIS ARTICLE
Washington
Robert Taft
Ohio
Truman
Congress
Taft
Republican Policy Committee
Dwight D. Eisenhower
Europe
Eisenhower
Coal miners pay climbs over manufacturing through 1949
The Bituminous Coal Institute graphs earnings from 1935 to 1950 showing soft coal miners at $22.16 weekly in 1935-39, beating manufacturing at $22.42. By 1944 miners earned $57.27 vs $46.08 for all manufacturing. 1948 $72.12 vs $54.14. 1949 $63.28 with a three day week, while manufacturing averaged $54.92. Hourly earnings followed and 1950 production up 15.6 percent.
MENTIONED IN THIS ARTICLE
Bituminous Coal Institute
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S. H. Montgomery Agency
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First National Bank
Member
Federal Deposit Insurance Corporation
U.S
State of Texas
Goldie May Lindsey
A. D
District Court of
Grayson County
Court House
Sherman
Lester O. Lindsey
S. V. Earnest
Nancy Drake
Maternal and Child Health Service
National Forest Funds
American Printing House For the
Community Public Service Company
Your Friendly Electric Company