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December 27, 1945

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Headlines from December 27, 1945

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By Unknown Author

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Truman Picks La Guardia as Aide To Attend Brazilian Inauguration; LAGUARDIA TO VIEW BRAZIL INAUGURAL

By Special to THE NEW YORK TIMES.By Frank M. Garcia By Wireless To the New York Times

F H LaGuardia to head delegation representing US at Dutra inauguration; nature of Const reptd to be major question facing Dutra; Linhares may issue decree covering interim period; pol alignment in new Cong discussed

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NEW STATE TAX CUT OF 25% IS EXPECTED IN DEWEY PROGRAM; Approval of Proposal Would Halve Present Normal Levy on 1945 Incomes SURPLUS AT $500,000,000 Largest Spending Schedule in Years Is Predicted Without Curtailing Any Activities Year of High Revenue Predicted NEW STATE TAX CUT OF 25% IS EXPECTED

By Special to THE NEW YORK TIMES

Albany circles forecast Gov Dewey recommendation of 25% cut

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TRUMAN TO REPORT ON 'WORK UNDONE'; PRESIDENT BEARS GIFTS FOR HIS MOTHER

By Felix Belair, Jr. Special To the New York Times

illus carrying gift for mother

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MONETARY ACCORD RATIFIED IN FRANCE; Assembly Approves Bretton Woods, American Loan, Franc Devaluation MONETARY ACCORD RATIFIED IN FRANCE Vote Devoid of Enthusiasm Cites Export Program Exchange Rates Listed Army Exchanges Shut

By Lansing Warren By Wireless To the New York Times

Assembly sets franc-dollar and franc-£ rates; revalues Bank of France gold reserves; Gen de Gaulle plea and Plevin figures on gold reserve and rept of US and Brit backing on rate noted; Bourses closed during debate to prevent speculation; effect on US troops in France cited; black markets not affected

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1945The International Monetary Fund is created with the signing of an agreement by 29 nations.^[†]

The International Monetary Fund (IMF) is an international financial institution and a specialized agency of the United Nations, headquartered in Washington, D.C. It consists of 191 member countries, and its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." The IMF acts as a lender of last resort to its members experiencing actual or potential balance of payments crises.

Headlines from December 27, 1945

Front Page 1 -- No Title

Truman Picks La Guardia as Aide To Attend Brazilian Inauguration; LAGUARDIA TO VIEW BRAZIL INAUGURAL

NEW STATE TAX CUT OF 25% IS EXPECTED IN DEWEY PROGRAM; Approval of Proposal Would Halve Present Normal Levy on 1945 Incomes SURPLUS AT $500,000,000 Largest Spending Schedule in Years Is Predicted Without Curtailing Any Activities Year of High Revenue Predicted NEW STATE TAX CUT OF 25% IS EXPECTED

TRUMAN TO REPORT ON 'WORK UNDONE'; PRESIDENT BEARS GIFTS FOR HIS MOTHER

MONETARY ACCORD RATIFIED IN FRANCE; Assembly Approves Bretton Woods, American Loan, Franc Devaluation MONETARY ACCORD RATIFIED IN FRANCE Vote Devoid of Enthusiasm Cites Export Program Exchange Rates Listed Army Exchanges Shut

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