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February 6, 1948

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Headlines from February 6, 1948

Truman Predicts a Crash Unless Curbs Are Enacted; It Is Up to Congress to Halt Spiral, He Holds -- Stands on His Ten-Point Program as the Means to Remedy Situation ILLUSTRATING THE UPWARD SPIRAL OF PRICES PRESIDENT SEES DANGER IN PRICES

By Anthony Levierospecial To the New York Times

Truman predicts crash unless his 10-point plan is adopted, news conf; his chart on price rises illus; Econ Advisers Council portfolio on price rises discussed

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WHEAT IS DOWN 10C; Nearly All Other Grains Fall Limit for Day on U.S. Markets TWO THEORIES ADVANCED One Group Holds Turning Point in Inflation Reached, Other Sees a Price Adjustment COMMODITIES DROP 2D STRAIGHT DAY

By Unknown Author

Major commodity prices in the nation's markets declined for the second successive day yesterday coincident with renewed selling on the New York Stock Exchange. The decline on the Exchange was not so severe as on Wednesday, however.

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O'DWYER ASSAILS JEWISH ARMS BAN; Mayor, at Protest Meeting, Calls for U.N. Police Force to Succeed British O'DWYER ASSAILS JEWISH ARMS BAN

By Unknown Author

Urges Palestine arms embargo end, s, NYC protest rally

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Committee Forces Senate To Act on Ives FEPC Bill; FLOOR FIGHT IS SET ON FEPC MEASURE

By C.p. Trussellspecial To the New York Times

com 7-5 vote releases Ives bill for Sen action; Southern Dems comment

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Shortages of Gasoline, Fuel Loom Despite Record Output; Industry Hopes to Get Materials Needed to Avert Scarcities, but Several Years Would Be Necessary to Catch Up RECORD OIL OUTPUT CAN'T MEET NEEDS

By Frank S. Adams

Holman, Secs Forrestal and Krug views cited

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EISENHOWER SCOFFS AT FEARS OF A WAR STARTED BY RUSSIA; He Declares That No Country, Including Soviet, Can Support a Global Conflict HAILS ERP FOR SECURITY Army Chief of Staff, Retiring Tomorrow, Stresses Ties With MacArthur, Lauds Bradley SIGNING THE 'LITTLE GOLD BOOK' EISENHOWER TALK DECRIES WAR FEARS

By Harold B. Hintonspecial To the New York Times

Gen Eisenhower stresses strategic importance for US

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By Unknown Author

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Reuther Says Industry Cuts Back Production Vital to U.S. and ERP; REUTHER ACCUSES INDUSTRY OF CUTS

By Felix Belair Jr.special To the New York Times

com hearings end

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3,000 RALLY HERE FOR UMT SUPPORT; Truman and Patterson Warn of Danger to World Peace if U.S. Is Not Prepared THOUSANDS ATTEND UMT RALLY HERE

By Will Lissner

UMT rally, NYC

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NAVY RELEASES OIL FOR HOME HEATING TO STATE AND CITY; Latter to Get 2,730,000 Gallons Due for Delivery Tomorrow in 3 or 4 Day Lots DEWEY SIGNS LOAN TERMS Deal for 8,400,000 Gallons of Heavy Fuel Runs Into Snag on Distribution Details MEETING THE OIL SITUATION IN NEW YORK YESTERDAY NAVY RELEASES OIL TO STATE AND CITY

By Charles Grutzner

Army-Navy Bd assigns over million bbls for E Coast civilian use

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HOUSE GROUP URGES PACT WITH GERMANS TO EASE U.S. COSTS; Proposes Congress Establish New Authority to Direct U.S. Occupation Policies WOULD END DISMANTLING Report of Survey Also Asks Washington to Encourage 'Free States' to Unite HOUSE GROUP URGES U.S.-GERMAN PACT

By William S. Whitespecial To the New York Times

US House subcom asks suspension of indus plant dismantling program in western zones

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SENATE BILL ASKS NO-LIMIT RENT PACT; Banking Group Would Extend Controls 14 Months, Aid Owners, Decontrol Areas SENATE BILL ASKS NO-LIMIT RENT PACT

By Samuel A. Towerspecial To the New York Times

various owners

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