What happened on July 18, 1950?

Headlines from July 18, 1950

• ⚛️ Civilian Officials Atom Session – Civilian officials convene to discuss atomic energy management and safety measures amid rising tensions.
• 🌍 Guatemalan Ties to U.S – Guatemalan President Arevalo pledges solidarity with the U.S. regarding the Korean situation.
• 💰 $4 Million Charity Gift – Dr. Berg's will leaves $4 million for charitable, religious, scientific, and literary purposes.
• 📈 Cotton Futures Rise – Cotton futures show a significant increase, closing 119 to 195 points higher on the exchange.
• 🚀 Airline Sale Approved – Truman and the C.A.B. approve Pan American's acquisition of American Overseas, lifting a court ban.
• 📊 Arms Aid Bill Rushed – House clears a $1.22 billion arms aid bill for debate, aiming to reassure Europe amid tensions.
• 🏦 Bank Guard for Loans – Banking association urges institutions to avoid lending for speculative purchases amid market fears.
• 🚂 Rail Viaduct Opens – A new rail viaduct opens near a wreck site, marking a significant infrastructure project completion.
• 📈 Upturn in Grains – Grain deliveries, led by soybeans, reach new seasonal highs, reflecting market optimism.
• ⚖️ Court Backs Union Ruling – Appeals court supports N.L.R.B. ruling that U.M.W. cannot mandate union membership for workers.