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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 22, 1950
Page
4
The Senate on March 13 may pass a bill raising federal bank deposit insurance from 5 000 to 10 000. FDIC reports show insured deposits grew since 1933, with 96 percent fully insured, and the fund well above requirements to support higher coverage.
Bernard Baruch argues that excessive government control threatens freedom. He cites inflation as a result of state managed economics, warns against deficit financing, and compares policies to Communist patterns of control. He urges stronger savings as security and cautions against perpetual inflation.
The FDIC reports actual depositor losses under $2 million while 1930s bank failures caused $214 billion in deposits losses and over $1 billion to depositors. A Senate bill would keep current assessment rates, while Fed chair Thomas B. McCabe urged lower rates based on the fund’s size, with FDIC staff supporting a cut.
Washington see the April May farm price shifts erode support for the Truman Brannan two price proposal. Higher hog and grain prices stir demand for free market sales while job gains and rising meat demand push retail prices up, complicating administration subsidies and election fortunes.
Congressman Miller of Nebraska criticizes the ECA plan to spend 4 500 000 francs to rebuild Le Havre gambling casino. He calls the proposal frivolous and reckless at a time when only 150 000 dollars has been allocated to investigate gambling at home.
Miss Elaine Young, 19, of Purcellville won the Queen title at the Northern Virginia Beauty Pageant sponsored by the Junior Chamber of Commerce. Robert B. Hall of 18 Shirley St. earned an $1800 scholarship to Washington and Lee College and plans pre medical studies. Winchester Legion post narrowly voted 24 to 22 on rent control abolition. High School yearbook dedicated to Mrs. Virginia Boyd Barr. Nevil Nail won second prize in a national spring bud drawing contest for fourth graders. Cameron St. hosted a family party for an 80th birthday. Mr. Shirley Carter, Winchester financier, travels to Mexico to assess sugar interests. Census nears 10,000 with streets untabulated. S. H. Hable notes straw hat season. prices start at $1.50.
The Winchester Junior Board of Trade earned the Henry Giessenbier award for outstanding statewide service. Berryville defeated the Ash Hollow Sluggers 7 to 6 as Milleson pitched the full game for the winners. Mrs. Mary Miller learned her brother, Pfc. Harvey Mills, wounded in action in Germany, had received the Purple Heart.
About 500 Winchester housewives signed up for the first session of the Winchester Evening Star Cooking School held at the Sarah Zane Fire Hall. The note references the Handiian, Handi. y as the 19th volume.
Capt. Irving Buck announced plans to establish a $30,000 company for manufacturing cotton and woolen goods in Front Royal. Mrs. I. N. Good bought a three story frame building on Peyton Street for $1,505. Stage drivers were ordered to stamp revenue on all packages and mail they carried on their routes.
A historical quiz guide outlines daily IQ scoring on a 100-question test across ten days. It assigns performance levels: nine or ten correct marks Memory Genius, seven or eight Very Superior, five or six Excellent, four and below indicates lower tiers. The plan emphasizes daily practice and tracking progress.
The article explains how deafness in children arises from birth or early injuries and illnesses and stresses early recognition. It covers testing with an audiometer, use of hearing aids, lip reading, and ongoing medical care to prevent further damage.
Rainfall for 48 hours ending today shows .02 inches. Year to date rainfall is 4.49 inches, with 12.98 inches for 1950 to date. The 37 year average is 36.56 inches. Monthly averages from 1913 to 1949 list January 2.50, February 1.92, March 2.86, April 3.09, May 3.77, June 3.78, July 3.81, August 3.93, September 2.58, October 3.34, November 2.47, December 2.42 inches. Data courtesy Winchester Research Laboratory.
The set asks ten questions about history geography and science. Topics include Library of Congress founding year flag etiquette honeycomb cell count Song of Hiawatha upside down animals Minnesota twins Lake of Nemi location a constitutional amendment freeing slaves and fern light needs.
A sermon explains that true Christian life comes from faith in Christ, not merely upright conduct. Real faith leads to righteous living, and a faltering believer striving to do God's will is valued over a flawlessly moral person acting from self will. Morality rooted in faith endures, while other morality succumbs to expediency.
A European exile Eliza Forrestal leaves a luxurious life to run her late grandfather's small New Hampshire paper mill. An outsider in town, she faces suspicion while George Culbert schemes to sell the mill to a major paper trust. Annie Wilson and Hespeth stand with her as Chris Cameron appears and Tod and the others dream of futures.
In the rural setting Annie supports Tod and his fiddle lessons funded by friend Miss Cavendish while her husband Dave resists. Old Elisha’s memory and Tod’s talent spark plans, but money and duty strain the family as Annie hopes Eliza Forrestal’s mill visit will ease tensions and acceptance.
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