Confederate Pension Fund Faces Shifting Fortunes in Texas
The Texas Confederate Pension Fund, once stretched by higher costs and lean years, now boasts a $4.6 million surplus and payouts up to $150 monthly. After years of fluctuations from 7 cent to 2 cent tax rates, the program has seen dramatic changes since its 1899 authorization, with current rolls around 100 veterans and widows and a shrinking mortality rate expected to reduce the rolls further in three years. Senator Moffett cites the surplus and questions about using funds for state buildings.
MENTIONED IN THIS ARTICLE
Austin
Texas
Confederate Pension Fund
Moffet
Chillicothe
Confederate States Army
Thomas Riddle
Walter Williams
Franklin
Senator Moffett
Texas Crop Loans Near Low Mood Peak
Dallas report cites heavy crop and feed loan demand as drought threats Texas farmers and stockmen. FHA state director L. J. Cappleman says regular loans total $13.2 million since July with $8 million under disaster programs. West Texas accounts for about 80 percent of FHA loan activity.
MENTIONED IN THIS ARTICLE
Dallas
Texas
L. J. Cappleman
Farmers Home Administration
West
Cappleman
Supreme Court Rules on Featherbedding by Unions
The Supreme Court upholds featherbedding as legal in a 6-3 decision. Justice Burton writes for the majority in two cases where unions sought pay for work the employer disputed, involving unwanted musicians and alleged bogus typesetting in newspaper plants.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Harold H. Burton
Better Mail Service At Less Cost To Public
Washington reports that the new Republican administration aims for cheaper mail delivery. The party platform pledges a more efficient and frequent service and President Eisenhower vows to eliminate waste and incompetence while improving the postal system.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Congress
Antenna tips promote better TV reception at Johnson Jewelry
The ad notes that good reception is achievable with Philco or RCA television when the antenna is properly installed. It mentions a Want Ad base price and a card of thanks pricing, published by Johnson Jewelry & Appliance.
MENTIONED IN THIS ARTICLE
Philco
RCA
Johnson Jewelry & Appliance
Orenduff
Whitewright
Post Office Cuts and Higher Rates Spark Deficit Alarm
The new Administration promises reforms after July 1 1950 service cuts and rate increases. Home delivery reduced to once daily and hours shortened. Airmail and parcel post rates rose as deficits reach an estimated 670 million dollars for the current year.
Out of gas remark sparks rye fueled exchange
Romeo declares “Out of gas” while his girlfriend reveals a flask. He exclaims with surprise that it is rye, but the gas turns out to be gas rather than liquor.
MENTIONED IN THIS ARTICLE
United States
Romeo
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