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Show National News Summary 1950 Budget? Predictions are that next January's Jan-uary's budget, which will be laid before Congress, will call for the expenditure of at least $245,000,000,000, $4,000,000,000 above income as estimated by the Administration, $15,000,000,-000 $15,000,000,-000 of the total is set as the top limit for the military program pro-gram of the nation. Aid to European Eu-ropean recovery, steadily stepping step-ping up now, is expected to hit its peak in 1950 and Government Govern-ment support prices for crops may take a huge slice of the total. German. Immigrants The U. S. is getting ready to lower the immigration bars to Germans living in the Reich, which have been up for the past seven years. The first 25,957 Germans to be eligible for admission ad-mission each year will be chosen soon after a mass registration of applicants in the Western occupation' oc-cupation' zones of Germany and Austria. R. E. A. A recent $34,386 advance to a Minnesota power cooperative bosted to $1,000,028,053 the amount loaned by the Rural Electrification Administration in the thirteen years of its existence. ex-istence. REA borrowers now operate 666,156 miles of power lines and serve 2,263,869 customers cus-tomers in the United States, Alaska and the Virgin Islands. Accidents In 1947, some 91,000 workers met with permanently disabling accidents: another 17,000 were killed outright and some 2,000,-000 2,000,-000 were injured enough to lose some time from work, according to figures of the U. S. Bureau of Labor Standards which figures that every four minutes some worker is knocked out of his future fu-ture killed or permanently disabled. Debt The public and private debt of the country jumped almost $17,000,000,000 last year to a record total of $410,000,000,000, according to the Commerce Department. De-partment. All types of private corporate and individual debt rose during the year and more than offset the continued decline in the debt of government agencies. |