The Courier News from Blytheville, Arkansas on September 20, 1949 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

Blytheville, Arkansas
Issue Date:
Tuesday, September 20, 1949
Page 1
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BLYTHEVILLE COURIER NEWS . THB DOMINANT NCWSFApm n» •inonL. . • . ^^"^ * • ^^ VOL. XLV-NO. 158 -• School Election Get-Out-fhe-Vote Drive is Planned Proposed $450,000 Bond Issue, Tax Rat* Up for Ratification A telephone campaign to "get out iff vote" for the special school •pa Issue election next Tuesday was in the making today following a meeting of school patrons ni' 1 ^ 1 !;? ficlals last "tent in Blythevllle High School auditor This telephone campaign will be spearheaded by the Parent-Teach"> .^f'aUoi* of Blythevllle schools. It was suggested and urged BlythertU* Dally Nra* BlythcrUto Courier B)ythtrtn» Herald « D J!! rlJct foward the --•~-~« 0 bond issue to be decided at the polls next Tuesday. The voters, in 'addition to ballot- Ing on two directors for the Blythe- vil e district, also will decide 7 30- mill levy on real and personal property to redeem the bonds over a 30- year period and to finance operation of the schools. The bond Issue will finance construction of a new white hrh school and improvements to existing school buildings Underscoring, this Indifference was the attendance at last night's meeting. Billed as a "mass meeting.' it was attended by only 39 persons—including school officials and school board members. Most of the audience was made up of P.T.A heads, faculty members, school directors from districts annexed by the Blythevllle district »nd a handful of civic leaders. Attendance Is Disappointing The size of the audience was contrasted by the importance of the subject discussed and the effect on **e school district should the bond (sue be defeated. Superintendent of Schools W B Nicholson stated frankly that loss or the bond election "would be a tatastrophe." "We have gone so far that we cannot turn back," Mr. Nicholson »ald. referring to the physical expansion of the school system already underway. Tins includes construction of . new Negro high school> enlarging of La nge Qraae School and the summer repair program carried out at the high school .Hitting fhe'-sch, . harder- \vuuTd ,be~V ' bond system even effect:"oY the Farmers Applaud Critic of Brannan Farm Proposals MABIANNA. Ark, Stfi. tt. IJf> — AtaUUnt Secret**? of Afrleul- Inre KBOX T. "••1rhlnn» fefenrf- ed the Brauua farm rngnm l»< nl(ht IB. a ipeceh Here to a gathertnr f BUd-Swtth 1**mm wa« nrllrr reciaien4 dias»ffroTal •f the pUa. The txprasitii rant U • 1**4 bant •* apnbiue fallowing the statement oC Ranum E. AWrlch of Michigan City, Miss., president of the MlnlMippj F*TH Bureau Federation, thai *~ and his erranluthn wn . e natly •prosed U the Irannan sUn. Other ortanicaUons expressed •Pinion. on proposed farn plans. The Arksasss Fair- Bureai Federation said "we don't want jrarernment U guarantee Income. That mean; controls and more •control!. We want a program U proride aid without It eostlnc in our liberty." Arkansas farmer* union said, "we would not Unit lupporti U a few bir erops. We are wlllfnc to CO alonr with the Brannan plan with a guarantee o« a *1«.M« Income Instead of the I2C.M* originally proposed." U.N. Assembly Elects Romulo New President Bids For Real Effort to Bring Lasting Peace By Max RarrelsoD NEW YORK, Sept. 20. OT-B. pen. Carlos P. Romulo of the Phil- ippmes was elected president of the United Nations assembly today He mmediately challenged the 59 'del- asse " th ' 5 " the peace issue's defeat on teachers' salaries. Fourteen new teachers •have been added this- year, increasing the faculty to 128. •Should the bond issue fail. Mr Nicholson said, "we would have to squeeze salaries for 126 teachers out o! tne same amount paid 112 last year." This would happen, he explained •because defeat of the proposed 30- mlll levy would force a return to the 18-mili level of past years Mar B. Reid, president of'the Khool board who presided over the meeting said that If this hap•™*W. <h e school board would have the nerve to again ask the 10-mill voluntary ta*" levied during the past t<™ years. Since most taxpayers paid this voluntary levy, the total school millage was brought to 28. Hence the 30-null proposal would mean > net increase of only two mills The concens'.s last night was that no organized opposition has formed or Is likely, and that defeat of the issue would be brought about only by sheer indifference on the part of the voters. It was pointed out that a large affirmative vote Is not only desirable but in some respects necessary to insure sur-ess of the bond issue Co. Redman, president of [he Chickasawi, Athletic Club and w member of the Athletic Avisory See ELECTION Page 4 President to Address flfcmocrot/c Leaders at Dinner Honoring Boyle WASHINGTON, Sent ->0 liFl President Truman will f i o Kftn- SRS Cil.v Wednesday of next week- Sept. 28. for n two-day visit with the home folks. He Is to speak Thursday night F?'it. 29. nt a dinner there honoring William M. Boyle. Jr.. new Democratic national chairman. Boyle Is a former Knnsas City police official. White House sources said Mr. Tniman now plans to return to Washington Friday although lie once made tentative plans to stay at his home In Independence, Mo until Si'nclay. The President has an engagement to address the nation by radio Frl- ih. Bht ' Se P l - 301 ln behalf of ln ° community fund campaign, wade from the White House. It ive-minute talk on ma starting at S:55 p.m. Weather Romulo was elected a fe'w minutes after the assembly opened its fourth session In the packed blue and gold assembly chamber at Flushing Mea- '">w Park, site of the 1939 world's Romulo got 53 of the 59 votes The Soviet bloc cast fire votes for Vladiimir dementis, Czechoslovak foreign minister. The other ballot was declared invalid. • i . Romulo pleaded for cooperation among the big powers. He said world political-, conditions, already .were "inprGVii(^'."i3J^i r .;i(, : ^*j*£ • |rj, lob -of the assembly Id see that tnis trend continued. •-'• . . . . ™. '"This session," he said, "coincides with a turning point in port war international relations. >."Though many formidable obstacles to world peace remain, the danger of a new war which overshadowed our deliberations in Paris a year ago has greatly abated "I hope this session will earn for itself the title, 'the peace assembly." \ New President Foe of Ktd> The 48-year-old Philippine diplomat, soldier and former newspaperman is known as a bitter foe of Communism. What many believe will be the keynote of the session was sounded m the opening message from the 09-nation's retiring president, Foreign Minister Herbert V. Evatt of Australia. Evatt expressed regrets he was unabie to be present. He said, however, that the continuing progress end development of the U.N. will always be a matter of deep concern for him. On the economic problem Evatt said: • "Through the program of tech- JMMINANT ygWSFAPnt Of NORTHEAST AMEAN8AB AKD JSLYTHEVILLB, ARKANSAS, TUESDAY. SEPTEMBER 2fl. 1949 1II88OUM Bureau Opposes Permits to Haul Farm Laborers Missco Committee To Send Delegates To Memphis Meeting Mississippi County Farm Bureau joined in the protest, voiced recently by farming interests In Eastern Arkansas counties and those In the Mississippi Delta of Mississippi and Tennessee, relative to the hauling of farm laborer*. The Fare, Committee of the Mississippi county Farm Bureau ?„ L S H',"' a seven - mat > committee to testify before an Interstate Com"!"" Commission hearing in Mem- Phis tomorrow to protest the grant-V * ff mlt to Thomas A °™ Memphis to transport all farm or from Memphis to points In 150 mile radius. About 35 members of the MIsslss- £? C° untv Farm Bureau Commit- yesterday att he Wilson In Wilson, and voiced un- nimous disapproval of the permit and agreed to Join the Arkansas Farm Bureau Federation and the Crttenden County Farm Bureau In eirorts to keep the Memphis Labor Markets a free labor market. Permit Would Set Precedent Mr. 'Aaron is the first to ask ror such a permit and he has not made known how he proposed to transport the workers. He Is Jeport- f d y associated with a Memphis trucking concern in long distance Job hauling. J.E. Grain of Wilson, G.L. White of psceola. Jack. Muzzell of Bassett Ralph Bowden of Joiner, Roy Yel- vmgton of Frenchman's Bayou L P. Nichloson of Route 1, Tyronza J, i m? ri " *? ure! »u President H. F! •epre-sent jut they Interested Ohlendorf of Osceola, will repr the county farm bureau, but are urging all other Inter People to attend the heating In the Federal Building at 9:30 a-m. Wednesday. Ralph Trigg pf Marion, president of the Crittenden County, Farm Bureau, explained to the Mississ- ppi County Group meeting in Wilson yesterday that Hie county he represents opposed the granting of the permit, slnae if started it would ;,be.;tafcen up in other local- tie*. V' * -\ Would Require JM -Tracks TWELVE PAGES Merchants Planning For King Cotton Days BlOJl, the Chamber of Commerce's Merchant. Divi- Members of the committee in yesterday '• gession decided unammously to recommend that each merS offer at least one specially priced item during the three sumer a real saving. "In the opinion of the committee," chairman W. P. Pryor said It Is of the utmost importance that we offer the customer at least one item In every store which will represent an attractive buy. Of course we expect that many merchimts wili want to put special prices on many items during King Cotton Days " The committee also voted to recommend that each merchant participate in the plan for special window decorations. Details on the window decoration plan, which will feature the "~ Cotton Days motif, were not worked out at the meeting but It is expected that each store will be responsible tor its own decoration scheme. Price tags for use on King Cotton Days specials have already been ordered by some merchants. Others will receive order blanks from Worth D. Holder, Chamber of Commerce manager, or may obtain the tags by contacting the chamber office In city Hall. The committee, composed of Mr Pryor, Dick White, W. H. Pease and J. 0. Guard, is scheduled to meet again within a week. Labor Government in Britain Facing Fight to Retain Power Hsl Cooper MoPac Directors Voice Criticism Chairman of Board Blames Trustee for Long Reeeirership ST. LOUIS, Sept M- MV- A spokesman for four strlklnf brotherhoods laid tedar "I don't think w.,1 btl^ y h 1 ^the nnionj- part now- u settle «ie^I2-daj.old HiasMri iStclfie Kalbtttd walkout -V..,. .; ST. LOUIS, Sept 30 (AP>—The W. F. Wright, Northeast Ark- Missouri Pacific railroad* board of ansas organization director of the d f rector s took a. sharp slap last - nical assistance to economically under-developed areas the United Nations can help to remove many of the great disparities in living stan- — dards. and Its members." . nt*vv fiv «-n>'n»te talk on major networks Fair tonight armcr north - occasionally partly c i ol] Minimum this mornlnK Maximum vesterclay-w Sensel loday_«:0n. Sunrise tomorrow-Is .47 Precipitation M „<>„„ ^ 7 teday— none. ' Total since J» n , 1— 41 u Mean temperature fmidway tween high and low)— 79 Normal me«n for Sept!— 74 1 TM» T>.l« LMJ r«r Minimum this moming—jr Afaxlmitm yesterday— 92 ' ^Precipitation Jan. 1 to 'thl» date be- Secretary of State Dean Acheson and Soviet Foreign Minister Andrei Y. Vishinsky were In a Jovial mood as they shook hands for photograph-. Othr leading diplomats present included British Foreign Secretary Ernest Bevin and French Foreign i.Iimster Robert Schumnn. Yugoslav Foreign Minister Edvar Kardelj sat immediately behind Vishinsky, but the two Ignored each other. UN officials listed 18 foreign ministers at the henrt of delegations, prepared to tackle <n subjects already on schedule for debute. Arguments, speeches, deals, votes and decisions are expected to keep the delegates here for nearly three months, although u.N. officials ^A°,y- .?! hopefu'ly as the date . they should finish. Arkansas Farm Bureau Federation, said that .Joe C. Hardhi, president if the Arkansas Farm Bureau federation would voice the opposition of. the state group. lAlso meeting with the Mississippi Farm group was Mrs. Clara KItts, farm'.dlvlslcj.i of the Employment Service in Memphis, who stated that an estimated 500 trucks and busses were required to haul the farm laborers to the effected states. The Delta Council In Mississippi also is organizing opposition to the allowing of the permit by the I.C.C. Drainage District Plans Barbecue at Kennert Monday Congressmen E. C. "Took" G a things, of Arkansas, and Paul C. Jones, of Missouri, are to be among special guests at the annual barbecue of the Elk Chute Drainage District In Kennctt. Mo,, Monday. John H. Bradley, president of the district's board of supervisors, said the picnic is to be held In the City Park In Kennett at 12 o'clock noon. •we expect members of the TJ.S. Corps of Engineers to br present for the event and we feel that this will be a fine opportunity to leam what progress has been made toward putting into effect the over-dl Plan for drainaee and flood control in the St. Francis River Basin," Mr. Bradley said. New York Stocks Oct. . IJec. . Mar. . May . July High Low Close .. 2983 29T7 29T9 . . 2958 I%0 2966 .. 2953 2957 '2961 .. 2955 2950 2953 .. 2902 2895 2899 J u |y conditions that keep .the line in.receivership after 16 eyars. Their blast was Issued only a few hours after the railroad had rejected. R proposal of the four striking brotherhoods for negotiation of claims thaf precipitated the walkout, now in Its I2th dny. Haggling over procedure appears to have deadlocked the strike discussions, with no further meetings scheduled between the intons and railroad officials. R. E. Davidsdn, union spokesman said today that Guy 'A. Thompson! MbPae trustee, "1« entirely responsible for continuation of the strike because he refuses to negotiate « single case with us." Davidson termed the railroad's refusal to accept the union proposal "almost a break- off in negotiations." The receivership situation waJ! assailed after a board meeting here. T.C. Davis of New York, board chcirman, said It was "ridiculous" The normally staid and sober air or the London Stock Exchange dissolved into frenzy as prices of stocks and bonds swirled toward devaluation levels. Quotations of some gold shares were nearly triple the official ex- cliange closing price of Friday. Oil rubber and the trend. . tin shares followed Issues changed blocks. Prime Minister Attlee's cabinet was reliably reported to be planning an emergency session or parliament, now in recess. G ° l<S ' o"^ rubber and Industrial "' " hands In huge Among the. gold shares Rand- fontains, which wld for ten shillings Friday ? and zoomed to 27 In the street trading yesterday, went up to .28' »n<>n settled .baclf: to ZT. •.•„,.•: :": ' ".% ~V Rubber ranged between ten and 15 per cent above Friday's official closing levels during the morning. Economy Stand By Blytheville's C. of C. Praised The Blytheville Chamber of Commerce has been commended by two United States Senators from Arkansas .and ' the congressman from this Qistrict because of action taken relative to the chamber's commendation ,t Secretary of Defense L-uis Johnson's budget cut E. C. (Took) Oathlngs, a member of the committee on agriculture, representing the First Congressional District. Sen. J. W. Fullbright B member of the committee on banking and currency, and Sen. John L. McClellan, chairman of the committee on expenditures In the executive department, each wrote Worth D. Holder, secretary- manager of the Blythevllle Cham- Entries at Fair Overflow Space In 3 Departments Extra Tent Needed To Care for Swine On Exhibition Here A record-breaking number of entries In-the Swine Department of the Northeast Arkansas District Pair today ran the- total to more than double that of previous years and overflowed the hog barn at Walker Park fairgrounds. L. H. Autry, president of the Mississippi county Fair Association, an " "«"»rt E- Blaylock, secretary, said this morning that this year's entries of swine topiwd all nre- BWGLE COPIES FIVE CENT! Strik Half Million Coal Miners President Truman on Sidelines In Unauthorized UMW Deal vlous years. the that the now thriving railroad ber °! Ccmm "ce. stating their ap- . .. . ••"*& lAjiitjnu nmval nf fK^ flnt.-i-i -i I— should still be technically bankrupt, under court controls and operated by the trustee. In the past seven years, Davis said, the "bankrupt" railroad has been able to spend $540,075,796 of its earnings for improvements, debt retirement and Interest. Two reorganization plans of the Interstate Commerce Commission were killed off as security holders sparred in courts to gain an advantage In the division of equity In a new corporation. A third plan now is up for approval. But Davis indicated group would fight it. hii N. O. Cotton High Inw CToae 2981 2973 2STT 2963 295S 2MI 2359 2951 2957 29S1 2944 7947 28»4 3M7 2W1 proval of the Interest shown in the matter. The Chamber unanimously approved, the budget cut. and adopted a resolution citing the defense secretary for rr-vklng the first cut In expenditures for the past several years. Blast Rocks Refinery; Two Fatalities Known FORT WORTH, Texas. Sept. 20. IJP > — A terrific exolosfon rocked Mairnolla Refinery No. 1 nt about 8:55 am. today, setting off a rag- Ing fire, killing at least two men and injuring at least eight others. Obesrvers said there was danger of unothei explosion, city firemen were atop refinery super structure battling flames. One of the dead men was Identified as George Aston, 42, refinery "still m •>!,•• who lived in a company cottage near the plant. The second fatality was believed to be E. R. Harris, refinery worker, who Is missing More tlinn 1,250 swine had been entered by flits morning, with official fair opening some eight hours The fnlr opened at 5 p.m .today '<« a slx-tlay run that will end at e p.m, Sunday. I|J50 Swlne Entered v>nen entries began overflowing IB hog barn, fair officials put n a hurry-up call to a tent firm In Qulncy, 111. The tent was sent here last night and had been erected by this morning. The 1.250-plus entries compare with previous years, when the hog barn, with Its capacity of 640 animals, was sufficient to house Poultry and rabbits, too. are being entered In record numbers The number of these exhibits will be nearly four times as Inrge as In previous years, Mr. Blaylock said To house the overflow in these divisions, fnlr officials sent to the Mid-South Fnir at Memphis to get more coops. Mr. Blaylock said 150 coops are being sent from Memphis A total of 400 pens for the poultry and rabbits already have been filled, he snld. This alone Is twice the number entered In past years Meanwhile this morning, everything was nearlng readiness for the 5 o clock opening, clear skies and a warm sun greeted the opening of the fair. • Grandstand Show Tonight Mr. BJaylock said at noon that the VS. Weather Bureau In Little Rock hart Informed him that the forecast for the next two days.wis for ''clear 1 ? weather. Finishing touches'' were :being applied this morning to booths and exhibits from one end of the fairgrounds to the other. The midway was lined with rides, shows waiting for the Severn! food concessions operated by Blytheville civic "rgnnlzatlons were open this morning and doing an apparently thriving business in sales to exhibitors and carnival workers. The flr-i grandstand shows begins at 8 o'clock tonight with the first performance of Lucky I^ntt and his Hell Drivers. The show will be repented nt 8 p.m. tomorrow. Here's .toe entertainment line-up for the remaining nights: Bill Bentley, clown; The Bnllanllnls harmonica and musical act; .Vivian and Pento, musical drums: Glen and Fern Storm, skating: The Buckeye Four, musical nml comedy act; jo,. P!ligc Jug K ih, K ; PlU and Willn I.eVolo, wire net: ami Dillon and Partlow. eccentric dancing and comedy bnltroom dance net. Gates t« Open Earlier Tomorrow Judging of exhibits and entries will begin today In the Floral Department and continue tomorrow and Thursdny. Tomorrow will be 'Angus Day" mid all cattle will be Jud?ert then. Beef entile will he Judged In the morning and dairy animals will compele In the afternoon. Judging In thp Swine nenartmcnt a so will get under way tomorrow a t I p.m. Thursday will be 4-H Club Dav Entries of these grovps will be Judged then, and the 4-H dnlr» nnd livestock -udglne contests -«ljl he held. Juttshie In ihr- Rabbit Dlv- l"n also will br.etn Tlnirstlny. r.i r .,, <Ilosln ' t 1atB '"""I'lt. 'air will and concessions 'irst crowds. as* "° 97 n™ , 27,000 employers laid off coal-carrying railroads ordered more than .... — "- ttaua, V VI La II .... , lam MII aH the .. no pej,,,^ worl{ .. rpvnl i. ofjtohnj,. Lewis' 480.000 United Mine Workers entered Steel Workers Ready to Strike Negotiations Fail To Produce Signs Pointing to Truce By Norman Walker WASHINGTON, Sept 2 ™ e CIO steelworkers P went today with plans for a strategy meeting as the second day of government-sponsored peace talk, brought no sign of an agreement In the steel dispute. Philip Murray, lender of the steelworkers said nothing has developed at the government mediation *its second day. In Washington, Press Secretary Charles a. Rnss said President Truman has "nothing in the works" to offer as a formula for settling either the coal or steel dispute. "Nothing is In sight," he added J.V. Sullivan, secretary of th« Virginia Coal Association, said miners "are not striking of their " " because the * &* conferences to warrant postponing he union policy committee meet- Ing tomorrow In Pittsburgh I'lie CIO chief said 170 members of the policy group alreadv are assembling In Pittsburgh for the session. Presumably, the committee will lay the plan, for a walkout Saturday midnlghl rent truce ends. Murray ha» warned that the 100- o —"-"'"- -"• O u lt then unless In the alkout When th « settlement is reached abor-management talks here with Federal Conciliation Director Cy onln . the re-open tomorrow at a CHICAGO, Sept. •an quotations: High Ism close 22fiy, 223!i 225". 227 2.'4 225'1 227'i 224?i 226'1 Nov D?; Mar 20-Wi-Soy- I 1 "%, met "P"^^ this morh-- V»--wltri the unI<>;ibs-4,; infWstrt negotiator,. Thert"wii &^£ia' word from- him on what, tf any progress was made. John A. Stephens, vice president ,?„ rge of industrial relations for U.S. steel Corp., told reporters at mid-day that his company had taken no steps to bank it, furnace* In preparation for a possible strike Stephens added that he knew of no other company that had done President Truman, meanwhile was keeping on the sidelines. Oklahoma Courts Refuse Temporary Phone Rate Hike OKLAHOMA CITY, Sept. 20. IIP, —The state Supreme court today denied a second temporary rate increase to Southwestern Bell Telephone Company In Oklahoma. He declared In a statement that Lewis' representatives "have been In the mining districts for a week advising local unions." High union officials had said the strike was voluntary among miner locals Chairman Ralph E. Taggart of th» Pennsylvania anthracite operators' wage Agreement Committee sent m, telegram to Lewis asking the UMW chieftain to use his best efforts toward getting hard coal miners back to work. The 80,000 anthracite diggers In Eastern Pennsylvania Joined th» coal walkout In a sympathy work stoppage. Another coal carrying railroad announced to Uy off worker*. The Norfolk and Western Kail- way wld 1,85» worker* will have t* be farionghed Thnndty. Violence developed In Kentucky and West Virginia. Governor WU- liam Tuck of Virginia took a verbal swipe at Lewis. So did two other top coal Industry officials. Lewis took it aU In. He didn't aay a word. And there was no m«e»- tlon from his United Mine Worker* lifa^Uttteitfilfetfktfebiirfon ^hethi er he will show op for schedulea're- sumptlon of contract talks with Southern coal operator! at B!U«field, W. Va. '-••- ' r The Southerners are the thorn* In the UMW president's side. Members of the Southern Coal Producer* Association refused to continue pay- Ing 20 cents a ton royalties into th* union's pension and welfare fund Lewis said that refusal had force* the fund to suspend pension and welfare payments to aged and alliM miners. ^ Lewis told Southern operator* :hey were wrong in their contention that lapse of the contract Juns 30 freed them of their obligation '.o continue royalty payments. Those developments brought on :he nationwide work stoppage yesterday. Industry Rap» UMW Policy It wasn't long before Industry stepped into the battle. T . — -...». Joseph Moody, president of the It ordered the company to stand S 0 "" 16 ™ coal producers, called the UMW fund a "Frnnkensteln" annual temporary In- Increase. until the Corporation Commission rules on a permanent increase application. At the same time the court continued In force the first Increase granted on July 16 I04g The second increase also would 'have nmounted to an nnrtltlonal J3000- "00 a year. The court overruled the cornora- tion commission In 1948 In ordering he first Increase. The commission hart denied any Increase at all pending final nrgumenls. A supersedes bond of $5.000000 r^n ,i ", K ' VCn by tne company Pending fmnl outcome of the hear- Tlie telephone company rate In- commfsslon since Dec. 30, 1947. Flag Pole Kills Youth RAVENSWOOD W. Va.. Sept. 2C Ing: add- If continued as It has been In he past, It will wreck both the coal industry and the union Itself And Moody said suspension o! the fund s payments wasn't causet by the Southen if .used operators refusal .. six-foot section at th top of lhe high school flag pole •-"me off last night, plunged mto i •lad of 13-year-old Dean Housh, and killed him. . Devaluation of currencies across half the world sent traders In sterling areas scurrying for gold and commodity stocks today but brought HtHe change in United States mar- Wlth France and Canada added overnight to the list of devaluing countries, and the Netherlands today, making the total 20, others had still to fall In line. Western Germany Is to reduce the value of Its mark.,The Hong Kong doilar fell nto the <kr»raation lineup. Holland officially get tl» evaluation raw for the homeland Mid Indonesia at about 30 per cent, approximately the MRIC u Britain. Meet _ , The labor iwrtmment In Britain closed Its r»nk« for the fight of lt« '"• r^J-IUment ts due to meet neit •( WlaitoB govern- leaders. Labor unions were re.stive »t the prospect of Increases In the cost of living, set off by rises In the price of bread. London '» stock market went wild. Some gold shares sold for nearly Wple last Friday's prices. Everywhere, goit, was th< {<wst day. One reason: The VS. - ment buys gold at 135 an ounce, Wing U.S. dollars. That means ex- Portirur countries, in getting VS. aollart, can turn them Into more unlU o» their devalued local orr- rwicie* than they could before. So sold producer* stand to get more. ange in Rome, Milan and Africa *h»red the excitement. "»"«? market* the lint TIM* and cheapened. At " brokm to thousand, of order, for (old !• Jrcoi nuny parti of world. G»Ternment bond* gained ,, but they had Mff losses In the but few we«*» in anticipation «r drnrntion. Trading In foreign stocks w» barred In Paris, where the franc opened about six per cent under lut week's free market prices. That wu at the level sought by the French government. 'In Moscow, economic observer* believed the Soviet ruble will retain Its present relation to the dollar. That will be Moscow-i way ot g that its ruble U M >ound M coin. But Russia Is expected to ,' c H u * t l "« rate of 1U ruble In relation to the money of devaluing ^/llln*-J^~ • countries. Canada, * great like South Africa, . T£a i SL£ V — i ° n ~ I ° "* "*"*• gold nrodu made a co buy an American dollar in Canada. The pound's worth.was set at $3.88 in.Canadian funds. Thus the effect was to benefit Britain, since the pound would have been worth only K.80 If Canadian dollars had remained at par with U.S. dollars. Over alum* all the worW, jtoM wai khij—«•< UK U.S. dollar p-ew mightier. In Sydney, Australia, gold was the darling of traders. Twenty thousand shares In eighteen different gold companies changed hands during a bewildering morning session. A* new* of the worldwide gold Increase got around, the demand skyrocketed. l>rlme Minister J.B. Chlfley caller! a special cabinet meeting to review the financial situation ,but so far It h«» reached no decision. Expert opinion, surveying the rise In tie valu* ot gold, MM that It on Markets in United States. The effects of Britain's far- reartfns *> per cent slash In the value »f her money was frll In the home Islands in almost every walk tt life. The threal of labor rebellion and Inflation wtre among the most npscltini;. De- »Plte the JnTernrncnl'5 appeal to lold lhe waee line .railway workers began money. a slowdown for more On many sides, the press attacked Britain's economic leader, Sir Stafford Cripps, and the government for giving no Indication thnt government spending and taxes would be cut. This, It was argued, would give pound-poor Britishers morn pence to spend for ^he new, expensive good.! of devaluation. Since Britain took her startling monetary dive a string of. other na- . ., • - o-- Into the devaluation pool with a loud splash In occupied Japan, General MacArthur authorized the Japanese to buy cheaper British pounds but turned down growing Nipponese clamor for devaluation of the yen Many nations today opened their banks and stock markets, ordered closed yesterday to curb speculation and walling cautiously for repercussions on lhe money slash Fi- nanclal experts predicted several other countries will have to cheapen their currency to meet British competition. The Canadian dollar's value was slashed 10 per cent last night. That menns tourists and buyers carrying American dollars to Canada can get 110 Candln ccnls for rch that C'a-ha h U.S. dol- See OVERFLOW Page IZ Czechs Are Accused Of Jailing Priests, Huns PRAGUE, Sept. 20. wv-Thc Czechoslovak government has Jailed dozens of Roman Catholic priest* and nuns In a big new wave of! arrests aimed nt breaking spreading' resistance to state control schemes a statement from church sources said today. The report, given to correspondents here and enumerating at least 30 arrests, was termed only a Partial list. It safd more arrests «re expected as the long-slate- stae " ?ht nCared a showdow " In one case, the entire personnel or a monastery was reported seized In another the staff of a theologl- | h ith theologl- , wcre lttkc "' together their office printing equip. In some cases, the reasons for arrests were not known. New York Cotton Closing Quotations: A T it T Amer Tobacco ...."! Anaconda Copper ,.. Beth Steel Chrysler \[\ ;oca Cola Oen Electric '. Gen Motors Monlgomery Ward N Y Central nt Harvester Vatlonal Distillers . Republic Steel .... ?adlo \[ Socony Vacuum !!"i Studebakcr '' . 142 1-8 - 72 , 26 3-8 26 5-8 56 1-2 163 37 1-4 60 3-8 52 l-« 10 !6 1-3 20 19 1-2 16 1-4 21 3-8 41 7-« Standard of N J Texas Corp ',','.','. C Penney .".".".' 521.3

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