The Courier News from Blytheville, Arkansas on July 8, 1949 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

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BLYTHEVILLE COURIER NEWS THE DOMINANT NEWSPAP ER OF NORTHEAST ARKANSAS AND BOUTHEAST MISSOURI VOL. XLV—NO. 90 BlythevilU Dally New* Ely thev Ule Courier Blythevllle Herald Mississippi Valley Leader BLYTHEVILLE, ARKANSAS, FRIDAY, JULY 8, 1949 TWELVE PAGES SINGLE COPIES FIVE CENTS AUTOS UNUER WATER—Cars are practically covered by water In downtown Das ton, O, after a 24- inch water main broke, delaying many people on their way liome from work. Tlie main broke five minutes alter water crews had quit for the day. Man in upper led (arrow) clings to doorway as the waters rise. Thousands of Dayton residents, already suffering from 90-degree-plus temperatures, were without water lor nearly two hours. (AP Wirephoto). Britain Secretly Enters Grain Pact With Russia; Economic Chiefs Meet Dwindling Dollar eserves Result 'Barter' Deal LONDON, July 8. (API — Dollar-short Britain has secretly agreed to buy nearly 1,000,000 tons of coarse grains from Russia in the next year, official sources disclosed today. The Informants added that p.irt of a barter deal agreement was in- itialled in private in Moscow la.it week—a few days before Britain's economic planners announced a three-month standstill on dollar •pending. Talks for a one-year-Russiaii trade pact have been going on for some tjme. The grain deal would form part of that year-long pact. . Negotiations for a longer temi British-Soviet trade agreement are expected lo follow. Russia Is to supply a .big quantity of wheat over fl.-id above <V-T- roarsc sraius-^oats, bariey and corn, the informants »«id. They declined to &ay how much. '• Britain and ArgentiilA" J sigiied a five-year trade agreement in Buenos Aires un June 27. That pact was entereJ into despite United States objections that such two-nation agreements violate the spirit of free (Competitive International trade. The Buenos Aires accord provides that Britain will spend a minimum of £123,000,000 ($519,000,000) annually for Argentine products and Argentina a minimum of £121.535,002 I$1S«,140,000) for British products. American officials have expressed the fear that the British-Argentine agreement may keep United States oil and farm machinery off the Argentine market. Pact Important lo Britain Board of Trade spokesmen made no comment on the British-Soviet trade negotiations. They said there is a complete shutdown on information about the negotiations at least until talks going on in London now for the- full year-long trade pact end. The grain deal was reached in Moscow by two Ministry of Food officials. The Briton who initialed the grain deal is P. Pinnock. The arrangement is of great importance to Britain. This country buys much of its food from countries like tile United statcs-and Canada tor dollars. But Britain's dollar resources are running out and she is seeking to build up alternative sources of supply in the non-dollar "ood producing regions of the world. Russia and other Eastern Europ- an countries do not demand dollar payment. They desperately need machinery and capital equipment— things Britain can not easily sell for dollars. Britain therefore hopes to conclude a big-scale barter agreement with Russia which Is expected to exceed S400.000.000 in value bom | ways over the next 12-month period. Apart from the wheat, oats, barley and corn Russia wants to send Britain timber, some potash ana I canned fish. In return. Britain will supply machinery, ships, rubber and wool. King George to Be Asked To Declare Emergency Unless Dock Strike Ends LONDON, July 8— IJP,— King George VI will be asked to declare a state of national emergency Monday unless Britain's crippling dock workers' strike Is ended. Home Secretary chutec Ede said today. Erie told'the House of Commons the king would be advised by the government to issue a proclamation declaring "a state of emergency exists." It would enable reg- lations to be made "to restore the essentials of life to the ocm- munlty." More than 10.200 stevedores were idle in London's spreading waterfront work stoppage and British soldiers were unloading food from some of the 105 cargo ships tied up. Union Blasts Conditions fyr DP's in D/x/e e Ex- MEMPHIS, July ecutive Board of the National Farm Labor Union (AFL) has voted to ask that European displaced persons in this country be from some areas and British Financial Crisis Scheduled To Be Discussed By The Assoi-ialed Press Economic chiefs of the United States, Canada and Britain conferred in London today on the British financial crisis. U. S. Secretary of the Treasury John W. Snycter tolci newsmen, just before leaving Paris for the London talks, that he would discuss "basic policies of the rccov- to help ery program" intended make world trade freer. Sir Stafford Cripps, chancellor of the exchequer, is representing Britain at the talks and Finance Minister Douglas Abbott is representing Canada—the only dollar country in the British commonwealth. These three-nation talks are the first of a series of financial conferences aimed at solving not only Britain's problems but providing a basis for prosperous international trading on a global scale. Second Farley Seen A second monetary conference will take place in London next week when--finance ministers of the British comrijpnwealtii confer with Cripps. '•:'• , r -v Washington: observers forecast today that high level talks would follow between Britain and the United States In six or eight weeks to work out long range solutions, was pointed out in Washington Threat of Steel Walkout Brings Mediation Call Government Enters Dispute; Monday Meeting Scheduled PITTSBURGH, July 8. (AP)—A deeply-concerned federal government moved today to prevent a threatened nationwide steel strike. The government's growing anxiety became apparent last night when Cyrus s. Clilng, director of the Federal Mediation and Conciliation Service,, summoned Philip Murray, president of the United Steel Workers, and' John A. Stephens, vice president of the U.S. Steel Corp., to meet in Washington on Monday. Both Murray and Stephens promptly agreed to answer the call. Murray also repeated his charge that (lie slcel corporation was re- s|x»lslble for the Impasse in negotiations that for the last two days had made a steel strike a strong possibility on July 16. The U.S. Steel-USW negotiations —in recent years a major factor In the wage agreements reached by other industries—bogged down last Wednesday. Benjamin F. Fntrless, U.S. Steel president, rejected the stfelwork- ers demands for a fourth round post-wnr wage boost. Previously he turned down the union's demands for pensions for its 800.000 'members. Murray quickly called a meeting of his policy commitee here next Tuesday. Tills committee has the power to call a steel strike. To Consider Oaths The USW leader said that Ills past refusal to sign a non-Communist affidavit would be brought up for consideration at the committee meeting. Should he and other USW officials sign such affidavits, the steelworkers union could make use of the National Labor Relations Board machinery in charging U.S. Steel with ail unfair labor practice In refusing lo bargain on Blytheville fireman's Pension Fund Receives $4,330 in State Money LITTLE ROCK, July t. (API- Firemen's pension funds of Arkansas cities have received 1111,- 758.CS In state money. The money was realized from * tax on fire Insurance premiums. The payment's, announced yesterday by Insurance Commissioner J. Herbert Graves, incdluded: Blytheville $4.330; Camden »'.!,365; DeQueen $821; El Dorado *3,841; F.iyetlevile »3,921; Fort Smith $10.596; Helena *3,S89; Hot Springs »1.6I3; Hope 42.120; Jonesboro »5.074; Little Rock $31,414; Magnolia »1,T71; North Little Rock $4,35*; Paragould $1,851; Pine Bluff $7,812: Stuttgart »!,130; Texarkana $4.767. Congress Okays Compromise Bill For U.S. Housing Measure Is Seen As First Victory For Truman Program WASHINGTON, July S. (/]>, — Congress today completed action on multl-bllllon dollar long-range housing legislation and sent 11 to U. S. Boosts Cotton Acreage 14 Percent Over '48 Plantings WASHINGTON, July 8. (AP)-The Agriculture De- iwlmont reported today 2(3,380,000 acres of cotton were in cultivation on July 1. This j s an increase of 14.2 per cent over fi year ago. Airline Use Data Sought by C. of C. Information Needed For Submission to CAB in Washington Members of, the Blythevllle Chamber of Commerce Aviation Commerce yesterday revised and approved a questionnaire to be sent to prospective users of commercial airline service, which the committee is trying to obtain for Blytheville and this trade area. Russell Hays, chairman of the committee, said that the Information obtained through the questionnaires would be used with other information In with tile civil brief to be filed Aeronautcs Board Hiss Trial Jury Asks For Added Instructions NEW YORK. July 8— lift— A federal jury trying Alger Hiss for perjury returned to Ihe courtroom today and requested further instructions from Federal Judge Snm- L*el H. Kaufman. ^f|The jury requested that thr por- 'iion of his charge relating to "corroborative and circumstantial evidence" be restated. The jury's request came after It had been deliberating the fate of Ihe former high slate department official for a total of six hours and "Depressed agricultural areas such as the sugar cane section of Louisiana, the cotton plantation area of the Midsouth and citrus und vegetable areas of California where unemployment is growing." The resolution said some displaced persons have been placed in rural areas "where conditions are as bad or worse than the conditions in their native lands from which they fled." "Such placement." It added, "casts these persons and their families in the unwilling role further depressing the disgraceful conditions under which rural workers already in the areas are forced to live." Bragg City Man Waives Hearing in CarurhersviUe CARUTHERSVIL.LE, MO., July 8 —Jeff Davis. Bragg City. Mo., waived preliminary hearing in Pemiscot County Magistrate Court yesterday after being charged with participating in a series of five break-ins in Bragg City. On July 4. four business establishments and the post office in Bragg City were entered. The Investigation is being conducted by county and federal authorities. Davis is being held in the county jail in default of a 41,000 bond. purchases in the United States to he extent of S250.000.000 in the coming year. Tr' will lower America's exports of cotton, tobacco. :asoline and wheat to Britain, and | 51 minutes I two hours morning. t had been in session and 11 minutes this I Soybeans CHICAGO, July 8[ quotations: Soybean July t Kov Drc Mar High Low Close 24811 243H 2«V- 21514 26214 214»i 2H'i 211'i 213'i 211 207 V, xrru Mines' Work Whistles Blow But Pits Stay Empty PITTSBURGH. July 8 I.Vt— Start- io-work whistles blew at Western Pennsylvania soft coal mines today —but nobody showed up at the pits. Obeying John L. Lewis' order to work only three days a week during current contract negotiations, miners stayed at home. They worked Tuesday, Wednesday and yesterday. After this week they are heeding the United Mine Worker president's edict to work Monday. Tuesday and Wednesday—and then stop Coal operators over the nation had said they would post work orders tor a normal work week despite the Lewis order. They con tend the three-day a week order probably is Illegal on the grounds it restrains trade. That's why the mine 'whistles shrilled this morning. Operators are staying on the safe side. They provided work. pensions. Murray has described a wage boost as "an absolute essential." So far, however, he has not disclosed how much of a raise he wants for his steelworkers who .now average SI.65 an hour .Including three lr.i creases ranging from 13 to IS 1-Z cents in the last three years. • As matters now stand, the U.S. Steel negotiations are at a standstill. The corporation is the only one to date, to answer the union's demands but U.S. Steel normally sets the trend for the rest of the industry'. The steel contract does not expire until next year, but a clause permitted reopening of wage discussions this summer with July 16 the strike deadline if no agreement Is reached. means Britain probably cut will further trade, shrink U.S. export Osceola C. of C. Presents Award To Kiwanis Club The Osceola Clinmber of Com- icrce presented achievement awards to the Osccoln Kiwanis Club and one to its president, Leslie (Dukie) Si>cck and to the Negro Missionary Baptist Church for their outstanding work as a group in the city-wide clcnn-up, paint-lip, fix-up campaign just completed. This announcement was made yesterday by Charles JollifT. manager. IZobert Graves was the campaign chairman and Mrs. R. M. Fletcher headed the contest committee. Others who served with Mrs. Fletcher were Mrs. w. E. Hunt. O. W. Knight. Mrs. Charles P. Hale and Mrs. John While. This project was sponsored by the Chamber of Commerce and began June 16 and continued through June 30. $78,8/4,729 On Deposit In Four Banks Deposits in the four hanks in Blytheville and Osccola showed a total of SI8.814.729.25 at the close of business on June 30. date of a national bank call Issued by the comptroller of currency in Washington, D. C., i» was disclosed today In Blythevllle's two banks, the Farmers Bank & Trust Co., and the First National Bank, the deposits amounted lo 413,611,230 21 In Osccola the total for the two banks in that city was S5.203.493.04. The figures arc considerably under the totals shown for the first bank call of the year in January hut it was explained that deposits usually reach their peak In January and the trend Is downward until the harvest season when cotton and soybeans begin moving from the fields to market. The Blythevllle banks showed total assets and liabilities of $14603282.44. and the two in Osceola had total resources of $5,840,032.92. Loans and discounts In the four banks showed a considerable increase for the period with the total on June 30 In Blythevllle *8.825 r 737.94. The corresponding figure for the two banks in Osceola was Jl.121.794.08. • Tiie questionnaires, when returned to Ihe Chamber of Commerce office, will indicate to the committee tile amount of air mall and air freight service for this trade area, and the passenger trade that a commercial line here could sec- re. Mr. Hays said that several hundred questionnaires were being mailed to business firms and individuals in Osceola, Luxora, Wilson, Leacrrvllle, Manila. Pecan Point and olher Arkansas towns In this trade area, and were being sent also to Kenneit.,Caruthersvl]]«, Ste*]e,"Holland, Hayti, and other surrounding Southeastern Missouri towns. Ttie revision and approval of the questionnaire was finished at the committee's meeting in the chamber of commerce office yesterday afternoon. Mr. Hays said that the committee could not meet again ..nttl most of the questionnaires had been returned, so that the Interest could be determined accurately before further plans for filing the application for airline service were made. Material for the brief lias been collected for several months by the committee and the brief is almost complete now, Mr. Hays said. President Truman. The Senate shouted approval of the compromise measure shortly after the House okayed It by a voice vote. That Rave Mr. Truman the first major victory for the far-filing domestic program he calls the "Fair Deal." But. housing was about the easiest on his program. On this issue had with him Senator Tnft (R-Ohlo) who has been the nd- mhilstratlon's arch-foe on some other measures, particularly labor egislatlon. Taft got a similar housing bill through the Senate In he Republican 80th Congress but .he House refused to pass It. The legislation sent Mr. Truman >rovldes for a vast slum clearance program and sets up funds for farm housing aids. It also provides for 810,000 public housing unlLs. There was no debate in the Senate and only » brief flurry In the House. Hep. Phillips m-Callf) contended in the House ilmt there were ixol sufficient safeguards to assure, that persons displaced by slum clearance would get adequate consideration for tenancy in public housing. Krfulrs IHscrimlnailim Rep. Spence (D-Ky) told Phillips "There is no discrimination In this bill." Tlie discrimination argument. Speiice said, seemed Ui Involve the Negro population. He declared that no other segment of the population has benefitted more than Negroes from government housing. Meanwhile, Spence, chairman of the House Banking Committee, Introduced a bill—understood to have administration backing — to enlarge federal help for construction of privately-owned homes. Spence said his committee win open hearings^ on the bill Monday. The big housing measure Is a compromise, 'trimmed-down version of wlaflt Mr. Truman requested. But It still calls for construction of 810,000 publicly-owned dwellings In six years, with annual federal rent subsidies running up to $308.000,000 a year for the low-Income, families, who will occupy them. , Mr. Truman asked for construction of 1.050,000 units—through local housing authorities—in seven years, \villi the rent subsidies up to s400.000.000 annually. But, In the face of opposition cries that the program Is "socialism" and would endanger the financial stability of tile government, Congress reduced the program. No forecast on production was given and none will be miule until next month. But the crop would be about 14 770 000 bales of 500 pounds gross weight if the yield per acre equalled he five-year (1944-48) average of 269 pounds At last years yield of HI 1 pounds to the acre, the crop would Missco Now Has 64 Cases of Polio Children at Wilson And Gosnell Listed As Latest Victims Billy Wood. 10, Melvln Klmbrell, 5, iinrt K. 47-year old Negro woman were added to the list of polio vic- Mississippi County today, number of cases Sayings Bonds Sales Hit Peak As Store Purchases Decline By CharJes Molony WASHINGTON. July 8. (;!")—The American people bought, more ol the government's Series E bonds during the first hair of this year than Klan Official Jailed For Withholding Records BIRMINGHAM, Ala. July 8. <AP)A high Ku Klux Klan official is in county Jail here because he refused .to comply with a grand jury's request that he produce Klan records. William Hugh Morris, state director of Federated Ku Klux Klan, Inc., was sentenced for contempt of court yesterday by Judge Robert J. Wheeler Length of the sentence was not determined. Judge Wheeler told Morris, a Birmingham roofing contractor, that he would remain in Jail until he turns the records over to the grand Jury. A recent wave of whippings In Jefferson County (Birmingham) prompted the grand Jury to go Into special session here a week ago. The Hoggings were blamed on night- riding bands of hooded, robed men. The KKK has denied it was re- «powible lor the KU at tenor. Weather Arkansas forecast: Considerable cloudiness with scattered thundershowers this afternoon, tonight and Saturday. No important temperature changes. Missonri forecast: Partly cloudy tonight and Saturday with scattered showers and thundcrshowers. Showers becoming moderate to locally heavy southwest and e:,- rem* west portions tonight; no Important change in temperatures, low tonight 10-75; high Saturday in the 80's. Minimum this morning—15. Maximum yesterday— St. Sunset today—7H6. Sunrise tomorrow—4:44. Precipitation 24 hours from 7 a.m. today—none. Total since Jan. 1—32.05. Mean temperature (midway between high and low)— 81.S. Normal mean (or July—II1, Thin Date Ust Year Maximum this morning—69. Maximum yesterday—98. Precipitation Jan. 1 to this daw in any similar period since the war. Purchases of these bonds totaled* $2.250,000,000 for the six months' that ended June 30. This lopped 1948 1 . 1 ! previous postwar record by' S 1 ^ per cent, treasury officials said today. At tlio same time they were saving more In E bonds, people were sprnriing less in department slores. The dollar volume of department store -sales across (he country was shown In a Federal Reserve Board report for the first half of 1949 to have falbn four per cent under the first half of last year. Lower prices were a considerable factor In the decline. The Treasury-Federal Reserve data confirmed Commerce Department findings that, although their income shrank .somewhat In 1919. Americans .saved more than they had when they. were taking in a larger total. Cash-ins Drop 10!i Per Cent Cnsh-lns of E bonds, totaling S1.702.000.0CO !or the first six months of this year, dropped a solid 10 1 -; per cent under the record for the first hnif of 1948. For June alone, when department store sales stumped 8.4 per cent off last year's mark—due in part to the heat wave over much of the country—savings bond purchases were up 5 per cent over June. 1948. and cash-ins were down g',4 per cent. Treasury officials said the bond sales had surpassed the goal of $1.0*0.000.000 set for the six-week "Opportunity Drive" that ended June 30, but figures for that period alone were not available. For the first half of 1949. new purchases of E bonds exceeded cash- Ins by $548,000,000, providing a "net" to the government that topped the mark for the same part o! last year by M per cent. The very success of the bonds In absorbing money that might have been spent was criticized privately by one official outside 6f the Treasury. This officials said he thinks this U a bad time for "anti-Inflationary" bond buying. Inventor? Cain Con tin of Although the accumulating bond holdings — which hit a record 1 Utb <X *XUTIJXXfi» 00 All* M tims In Hie totji here to 04. Hilly U from Wilson and Melvln is the son of Mr. ami Mrs. Mlllard Kimlircll of Gosnell. it was not learned today if the Wood child Is being trciUeil at a Hospital, but the Gosnell child was taken to the University Hospital In Little Rock this morning, and Lucimln Drown of 500 Locust Street was to be liiken this aitcrnoon. Health authorities here Investigated rc|»rl,s yesterday that several persons on one of the river Islands near Tomato were suffering from polio ami going untreated. They found no additional case* there. In yesterday's Investigation they found, however, tliat one case had listed as a Mississippi County resident, but Dial the island where the victim lived was located In Tennessee. This kept the total of cases in the county only two above Hie number reported yesterday, 62. Tennensee Case Listed Her* Arnold King, 20. is being treated In. the University Hospital at Little Rock, biit the cane will be added (a cnses In Tennessee rather than Ark' nsas. Dr. T. T. Ross, state health offi cer. yesterday told John Mayes county school supervisor, thut In felt. It was "unwise" for any of the schools to plan to open for thcl rcglljar spll L terms at tills time. Hit decision came, however, after mos of the schools had already announced that they would not open their summer terms Monday. Rulhle Mae Brooks, 5, was taken lo the University Hospital today fo treatment. She had been under ob servation and quarantine at lly home of Henry Brooks. 1008 Soul] I4t)i Street since Wednesday. At least two of the cases from this county are in respirators the University Hospital in Llttl Rock. They are: Nancy Ellis, 5, o Luxora. who wns admitted on Jun 23; and Oncy Pikes. Jr., 4. of Bly theville, who was admitted July 3 Both fire reported as getting alon nicely The Iron lungs are used tile mast serious cases. The case of Billy Wood, rcporlc totlny. was diagnosed yesterday, bu See POI.IO on Pnje 12 * e 10,490,000 bales. Production last year was 14,868,00 bales compared with a len- ear average of 12,014,000 bales. The acreage planted, to cotton ist year was 23,110,000 acres com- arcd with 22.015.000 for the ten- ear average. The department had :t a planting goal of 21,984,000 -•res for this year's crop. Tlie big acreage Indicated by today's report foreshadowed a new cotton surplus and-a return In 19, r »o to pre-war acreage siHul- ments and marketing qutitiu* lo hold down production. 'Hie acreage plained to Amerian-Egyptian cotton was put at 6,DOO acres compared with 4,000 last c;\r and 65,200 for the ten-year .verage. Tiic acreage of cotton In ciiltlva- lon on July 1 by states and the ercentafie of lost year's acreage, espccllvcly. by stales included: Missouri SSO.OOO acres and 103 per enl of last year's acreage; Arkaii- as 2.4*0,000 and 109; Louisiana 1,- TO.OOO and 112; Oklahoma 1,200.000 .ml 1S2; Texas 10.400,000 ami UB. —formed a reservoir of future consumer buying j>ower. fresh government reports showed businessmen itill are cutting down Inventories as rapidly as possible. The commerce Department reported a $1,200.000.000 reduction In jusiness inventories in May on top of a $1,000.000.000 cutback in April. Many government economists rate inventory reduction as the major 'actor in the current business downturn. Lower prices tire partly resjion- siblc for the lower book value of goods on ham! but they say the :Iccllne hn.s been due chiefly to a slowdown in business orders which In turn pjuclucecl production cutbacks. ^ U.S. Protests Arrest Of Envoy in Shanghai WASHINGTON, July 8. (API — 325,000 Acres in Missco Estimates on the number of acre* >lantetl to cotton this year in Mississippi County range around 325,000 acres with some of the figures n.s high ss 330,000. This compares with around 300.- XX) acres in cotton last year, or an increase of nearly 10 per cent for Lhts year. The figures for Hits year exclude between 7,000 and 8,000 acres which were abandoned became of wet weather and later replanted to other crops. The jrifld (or *he eownty hut mi wt a rrrwd »Hh £%,M* *balM it port«1 -by the Onsii* KB- rean of Ihe United Sttfe* Dtp«H- ment at Commerce which compiles data on cotlon production. The average yield per acre last year was 483 pounds In this coun- Ly, find with crop.-; as good this year, it would mean that the county could produce more than 325,000 bales thJs year. No estimates, have been mad* however, by official sources concerning this year's probable yield. The acreage data announced in Washington Indicates that the plantings in Mississippi County and In Arkansas average considerably the figures for the cotton produs- ing areas of the nation. The United SUte.s ordered protest to "huh Chinese Communist authorities" against the Jail- Ing of a U-S. vice consul at Shanghai. The State Department sent instructions to the American Embassy at Nt»rikm2 rind to 'consular officials a^ Pclping to make the protest. The vice con.-ul. William M. Olive of Ironton. Mo. ,was arrested two days ago on a charge of violating traffic rules, and has bten held incommunicado since. Two fellow consular officer? who attempted lo contact him anri give him food yesterday were rebuffed. Citizenship Point Made by Defense For 'Toyko Rose 1 SAN FRANCISCO. July 8. <H'i— Tokyo Rosu tried lu conic horn from Japan l>cfon: war broke out, hut America wouldn't take her. The Consular Service said she hadn't proved her cttizcrishl])*. Tile dcfcn.se won its u^lit yesterday to Introduce those points in her treason Irlnl. Her citizenship Is » prime Is.sue. for only a. citi?.cii can Ire guilty of treason. Mv.s. Iva Tnm!ri LVAtiuturj. American-torn, was dubbed Tokyo Rose for her wartime propaganda broadcasts. The outbreak of war had caught licr vl.sl!ing in Japan. The first witness appeared late yesterday from [i.idio Tokyo, over I which Mrs. rVArinliio is alleged to have made broadcasts damaging to U. S. troop morale. Yukio U-.CTla, liir witness, identified Radio Tokyo's employment record card of the Los Angeles- borll woman. House Probe Of 'Monopoly Power' Is Set WASHINGTON, July 8. fAP)—A broad investigation of "monopoly po-Acr" will begin next week with the "blo-Ming of Prc.sicict^ Truman," Chairman Cellcr <D-NY> ol the HoiLse Judiciary CommiUee said tot'ay. Caller snirt the Inquiry will continue through next year, with legislation the- final goal, "We want to sec if the anti-tnist- la\vs tin.sset] many years ago fit the economic pattern tofhiy." lie tola a. ncw.s conference. Economist David Cu-shman Coylo, named a.s consultant lor the invcs- tiKJitlon. remarked: "Congre.ss had betler find out if the American people really want to stay out of the socialist sy.stem and wh.it they <irc willing lo pay for it. Do we n'ant to move toward more mom>iX>UsUc control or socialization?" Hirohito Pay$ Visit TOKYO. July S. (AP)—Emperor HirohUo made a courtesy call on General NCacArthur today at the United Statc.s Embaw.v. As usual, the subjcc t of their conversation wtt no* New York Stocks Closing Quotations: A T i: T Amcr Tobacco Anaconda copper Beth Steel Chrysler Coca Cola Gen Electric Cicn Motors Montgomery Ward .. N Y Central Int Harvester National Distillers .. Republic Slcel Radio Socony Vacuum .... Studebaker Standard or N J ., Texas Corp J. C. Penney U 3 Slccl Southern Pacific 141 1-4 70 27 7-8 25 1-2 48 1-4 135 36 58 3-4 50 7-8 9 3-4 25 18 .1-8 17 3-4 10 1-8 . 15 1-4 . 18 5-8 . 64 5-8 . 53 . 48 1-8 . 21 1-2 Summer School For Teachers Ends in Osceola Fifty teachers In Mississippi County and from Southeastern Missouri today completed a five-weeks training school, which has been In session at O.sccola, under the dlrcc- ti'in of Arkansas State Teachers College at Conway. since June 6. The school at Osccola was conducted by E. Hopkins, a regular member of the A, S. T. C. faculty. Teachers completing tlic course have been advised that the credits received there will be considered resident training by the Arkansas Department of Education. Two Men Arrested As Drunken Drivers H. O. Paxton was fined $150 and costs in Municipal Court this morning and Donald Orubbs forfeited « $35.25 cash bond on separate charges of driving while under the Influence of loquor. Paxton was arrested last night when the car he was driving was 35 5-81 Involved In a minor accident with 6e»r», Boebuck i8 1-21 another owned by June* Breach.

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