Business Forecasts See Slump Through 1950
A roundup of predictions from economists and industry leaders on the postwar downturn. Analysts see the slump lasting nine to twelve months, with industrial output and prices falling sharply, while wages remain sticky and unemployment rises. President Truman defends a still-strong economy despite declines.
MENTIONED IN THIS ARTICLE
National Association of Purchasing Agents
The
Commercial Credit Co
Baltimore
Macy’s
New York
Archer- Daniels-Midland Co
Minneapolis
Bankers Trust Co
University of of Chicago
School of Business
Harvard Business School
International Statistical Bureau
Commerce Department
Commissioner of Labor Statistics
Charles Sawyer
Consolidated Groceries
General Electric
Truman
Coneres
Tost
U S Refuses to Recognize Chinese Blockade Policy
United States declines to recognize Chinese government port closures. State Department notes cannot admit legality of barriers without an effective blockade. Acheson cites historical precedents and safeguards American citizens. In Shanghai, nationalist bombers strike Chapei district killing two and injuring over 100 as rescue operations continue.
MENTIONED IN THIS ARTICLE
Washington
United States
State Department
Canton
Acheson
Shanghai
Chapei
Hundred Delegates Expected for Sunday School Meet
About 100 young people from 20 churches in the Virginia Valley Conference of Congregational Christian churches will gather in Winchester tomorrow for the annual Sunday school convention. The program includes speeches by Rev. Clyde Koon and Rev. S. E. Madren, with closing address by Dr. Wm. T. Scott, and is organized by O. A. Bazzle and convention officers.
MENTIONED IN THIS ARTICLE
Virginia Valley Conference of Congregational Christian Churches
Winchester
H. E. Liskey
Harrisonburg
Isabel Sheetz
Eugene Russell
Betty Sheetz
Betty Trenary
Elsie Rene Hauptman
Clyde Koon
S. E. Madren
Elkton
R. E. Newman
Luray
Wm. T. Scott
O. A. Bazzle
Liskey
Richard Krump
High View
Galen Salyards
Timberville
Notion of Reelection Circles Back as Talks Grow
Commentators echo the same line about his stubborn idea of securing another term. Critics suggest his bid faces renewed scrutiny and uncertain support as election chatter intensifies.
English Banned in Shanghai Ends English Dominance
Shanghai under Communist rule shifts language policy away from English toward Chinese. Foreign firms and government letters increasingly require Chinese, with translations and Chinese addresses for delivery. St John’s University students call for banning English from curricula, signaling uncertain outcomes for science and higher instruction.
MENTIONED IN THIS ARTICLE
Shanghai
Ricks
St. John’s University
Czech Communists Censor Sermons Eyed by Catholic Church
In Prague on June 29 church sources say Czech authorities began censoring sermons by Roman Catholic bishops and gagging critics of the government. The move appears to target Catholic services, though church services have been under surveillance but not yet fully suppressed.
MENTIONED IN THIS ARTICLE
Prague
Czechoslovakia
Reprisals Reported After Berlin Rail Strike Promise
Berlin union says Soviet controlled Reichsbahn began retaliations against 375 fired workers despite promise of no reprisals. About 14,000 strikers returned to work, rail traffic still stalled as repairs proceed and no definite resumption date is given. Officials offered no comment.
MENTIONED IN THIS ARTICLE
Berlin
Reichsbahn
Bomb Blast Destroys Empty Car in Cleveland
In Cleveland a parked unoccupied car exploded early today, shattering the vehicle and sending debris up to a nine story height. Police could not determine the motive or perpetrators. Two men connected with a New Jersey linen supply firm were linked to the incident.
MENTIONED IN THIS ARTICLE
Cleveland
New Jersey
Miners Face Postvacation Work Pact Impasse
Lewis demands mines resume after July 5 only if operators accept a three day work week. The contract requires workers to be “able and willing.” At Bluefield, union warns Southern Coal Producers Assn. of continued mine closures next week without a deal.
MENTIONED IN THIS ARTICLE
Lewis
Bluefield
W. Va
Southern Coal Producers Assn
Hoover Opposes Creation of JCS Chairman
Former President Herbert Hoover testified before the House armed services committee opposing a proposed chairman for the Joint Chiefs of Staff. He warned the office would place too much power in a single military officer and argued for strengthening the secretary of defense under the 1947 unification law.
MENTIONED IN THIS ARTICLE
Washington
Herbert Hoover
Joints Chiefs of Staff of the Armed Services
Truman
Hoover
House Armed Services Committee
Secretary of Defense
Britain Leaders Debate Marshall Plan Aid Standoff
An OEEC spokesman called the morning meeting formal as debate was set to continue. U S envoy W Averell Harriman attended the consultative session and denied threats to cut aid unless Britain accepts American proposals.
American ships sent to the Soviet Union in WWII
Altogether 581 naval units were sent to the Soviet Union during the war. Of this total only the cruiser Milwaukee has been returned.
MENTIONED IN THIS ARTICLE
Soviet Union
R. A
Milwaukee
Coplon Trial Ends with Final Arguments and Mistrial Motion
Defense attorney Archibald Palmer sought a mistrial before Judge Reeves as prosecutor John M. Kelley Jr. labeled Miss Coplon a spy for Russia. Kelley argued for her guilt while Palmer objected to nearly every statement. The eight men and four women on the jury heard bitter, conflicting portrayals of Coplon, and Kelley asserted the spy angle as central.
MENTIONED IN THIS ARTICLE
Archibald Palmer
Palmer
John M. Kelley Jr
Miss Coplon
Russia
Kelley
Reeves
Justice Department
Judy Coplon Case Attracts Defense Fire In Closing
Palmer labeled the defendant a innocent victim of a frame up as defense and prosecution clashed over Judith Coplon’s ties to Valentine Gubitchev and Harold Shapiro. The prosecutor accused Coplon of evasive trips in New York on February 18 and March 4 to dodge surveillance and switch papers. Both sides stressed the secret police and FBI surveillance in a vivid courtroom close.
MENTIONED IN THIS ARTICLE
Judy
Palmer
FBI
Valentine A. Gubitchev
Harold P. Shapiro
Justice Department
Miss Coplon
Gubitchev
New York
Judith Coplon
Also Mentioned on This Page
U. S
GEO
E. Pully Insurance Agency & M Bank
Virginia Machinery CO
W. Cecil Se
Berlin Union
S. Loudoun St
Youngstown
Mullins
F.H.A
Molden Electric CO. Inc
Loudoun
Fhone
Joint Chiefs of Staff
Britain
Coplon
Winchester Plate Glass CO
Bell Clothes Winchester
Front Royal
Ate
of American Business
Loudoun ST. Winchester
Masti Aleit
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