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September 18, 1949

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Headlines from September 18, 1949

COMPENSATION DEAL URGED AS TRADE AID; Emmerich Says Use Is Getting Wider Attention to Ease Dollar Shortage, Exchange Muddle

By Thomas F. Conroy

"Compensation deals" are receiving greater attention in certain quarters in the foreign trade field as an apparent solution of the dollar shortage and the handicaps of a muddled foreign exchange situation. The idea itself is not new and has been used to some extent, but Government restrictions here and abroad were said to militate against its use in regular foreign trade channels.

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Notable Births

Beth Grant

1949Beth Grant, American actress[†]

Beth Grant is an American character actress. Her credits include Rain Man (1988), Miss Kettlewell in Child's Play 2 (1990), Speed (1994), To Wong Foo, Thanks for Everything! Julie Newmar (1995), A Time To Kill (1996), Donnie Darko (2001), Wonderfalls (2004), Little Miss Sunshine (2006), Jericho (2006-2007), No Country for Old Men (2007), Pushing Daisies (2008), The Artist (2011), Flatliners (1990), Sordid Lives (2000), Dear Lemon Lima (2009), Bad Words (2013), Mockingbird Lane (2012), As I Lay Dying (2013), Consumed (2015), Jackie (2016),, Faults (2014), The Mindy Project (2012-2017), Lucky (2017), A Series of Unfortunate Events (2019), and Dollface (2019-2022), Grace and Frankie (2022), Mayfair Witches (2023), Carol & the End of the World (2024), and The Bondsman (2025).

Kerry Livgren

1949Kerry Livgren, American guitarist and songwriter[†]

Kerry Allen Livgren is an American musician, best known as one of the founding members and primary songwriters for the American rock band Kansas.

Mo Mowlam

1949Mo Mowlam, English academic and politician, Minister for the Cabinet Office (died 2005)[†]

Marjorie "Mo" Mowlam was a British Labour Party politician. She was the Member of Parliament (MP) for Redcar from 1987 to 2001 and served in the Cabinet of Tony Blair as Secretary of State for Northern Ireland, Minister for the Cabinet Office and Chancellor of the Duchy of Lancaster.

Peter Shilton

1949Peter Shilton, English footballer and manager[†]

Peter Leslie Shilton is an English former professional footballer who played as a goalkeeper.

Notable Deaths

Frank Morgan

1949Frank Morgan, American actor (born 1890)[†]

Francis Phillip Wuppermann, known professionally as Frank Morgan, was an American character actor. He was best known for his appearances in films starting in the silent era in 1916, and then numerous sound films throughout the 1930s and 1940s, with a career spanning 35 years mostly as a contract player at Metro-Goldwyn-Mayer. He was also briefly billed early in his career as Frank Wupperman and Francis Morgan.