The Courier News from Blytheville, Arkansas on November 13, 1954 · Page 8
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The Courier News from Blytheville, Arkansas · Page 8

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Blytheville, Arkansas
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Saturday, November 13, 1954
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Page 8
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PJKW EWHT BLYTHEVTLLE (ARK.)' COfrlHEIt TTEWl SATURDAY, NOVEMBER 18, 1954 Fishermen Sum Up Picture Of Ailing Korean Economy TOKYO (AP) of MM Korean War. While the United States and the Republic of Korea swing their oratorical roundhouses, it's the man in the street who takes the body blows. His money has little value. The price of rice—his start of life—is going up, when it should he going down after a good harvest. There is no fuel for trucks and buses, nor for lamps and stoves. The enormous machinery which pumps millions of American aid dollars into the country Is stalled. Exchange Dispute The heart of the dispute, .. ROK government says, is the e. change rate of the Korean hwar The Koreans want it held at th present 180 hwan to $1. They Insls that If the United States paid » that rate for the hwan it has bo rowed from the government. By MURRAY FI1OMSON Korean fishermen have an old saying: shrimps get hurt when the l sums up the economic picture in this country, still licking the wounds the the Korean economy would flourish American officials say the currency Issue is only a minor point a symptom of a sick economic structure. The United States wants a devaluation of the hwan to something like Its open or black market rale of 500-700 to $1, which the United States calls "more realistic." But, in addition, It lists three more "minimum" conditions that Korea must meet before Washington gives the green light to a 100 million dollar economic and mill- tan' aid program for 1955. Korea must: 1. Give full information on dollar holdings of the ROK treasury. 2. Take strong anti-inflation measures. 3. Agree to buy goods in nil non- Communist nations, Including Japan. The Koreans sny the United States is trying to intimidate them »nd shove them around. Top U.S. officials say the United States is sick and tired of being kicked in the shins by the people it is trying to help. No More Hwan The ROK government Oct. 1 refused to advance the U.S. 8th Army any more hwan until the army paid up its back accounts at the 180-1 rate. The united States In turn shut off gasoline and oil shipment to Korea to a trickle. Gen. John E. Hull, U.S. Par Bust commander, hurried to Seoul for conferences with President Syng- man Bhee. He left two days later, angrily terming his trip "n complete failure." Hull began paying his 100,000 Korean employes in American greenbacks and treasury notes. The ROKs retaliated by cracking down on Koreans who accepted the currency. Hull then offered them payment In soap, cigarettes, blankets and toilet articles from post exchange supplies. He also threatened to sell petroleum products on the Korean market to get hwan—at the 500-1 rate. The ROKs softened somewhat under Hull's strong stand. Early this week they offered, and Hull accepted, an advance of 800-milllon hwan—"no strings attached." But that is just about enough to meet one month's 8th Army payroll. It only postponed what must be the ultimate showdown. The Koreans say they an: willliiR to talk over hwan devaluation, providing the new rate would be made per manent. American officials won't buy it. They say a permanent rate would mean a permanent American subsidy of the Korean economy. SHEPPARD Continued from Pane 1 was taken there and took n photograph of the defendant in bed. The picture, introduced in evidence by Corrigan, showed Dr, Sheppard with hi.s head thrown back, eyes closed nnd face putted. Dr. Sheppard claims he wn,s injured badly fighting with his wile's slayer. But the state snys the injuries consisted of nothing more serious than a black eye and how he got that they don't know. "You went freely into the room, without interference?" Corrigan asked. "Yes." Drenkhan replied. The attorney asked who "welcomed him" and the patrolman said Dr. Stephen Sheppard and Dr. Richard Sheppard, the accused os- • teopath's brothers. | Corrigan questioned the witness J lor almost four hours and said he had still further question* to a.sk j Monday when the trial resumes Under diret-1 examination, Drenkhan testified that there was no evi- j dence of forced entry to the Sheppard home and there was no sign of a struggle on the beach. Dr. Sheppard says he fought with the slayer in the house and on the beach. ALC Will Meet On Monday ROCK (ffi-The Arknn- *as Legislative Council will meet here Monday to open Its pre-sesslon budget study with a request from the University of Arkansas for $8.862.500 a year topping the list. The university's request for the 1055-57 biennium is almost double the current operational appropriation of $4,128,000 yearly. EXPERT WATER PUMP REPAIR Hubbard Hardware jg,^ ~ -^BOBT *~*'~- "* •• PUPILS' DELIGHT—A desperately low wnlcr supply closed the schools in Fnycltcvllle, On., and mnny children were probably thrilled Principal I.. B. Hickson puts out a sign explaining the situation lo pupiln Patsy Harp and Dixie Kerlin. Authorities are tapping nn emergency supply to keep the city from running completely out ot water. Ginficr Cnkc Creek, the regular source of water, hoe dwindled to a muddy batter. Hilton Buys Fabulous Shamrock HOUSTON. Tex. till— The,, 1.100- rooni Shamrock Hotel, a luxurious mark of big-rich Texas, was under control of Conntd Hilton today. Hilton, who started in the hotel business at Cisc, Tex., many years ago, assumed control of the property yesterday. His chain controls, owns or leases 28 hotels around the world. A former oil field roustabout who built the swank Shumrock as piirt of a nuiltlmllliim-dollnr Industrial empire kept a seat on the board of directors and a chance Lo regain control. He is Glenn McCarthy, who must pay off the debt, nboiit 13 million dollars, nf McCarthy Center, Inc., to get buck what was once his proudest possession. In the ill-ill, thi: Hilton chain obtained ownership of McCarthy Center's capital stock, subject to McCarthy's right, to |my oft tlui uuirl- gngc. The stock is held In escrow by a bunk. Attend Legion Meet at Senath Elton Poster. Mr. -ami Mrs. shall nlncknrd. Mr. and Mi's. Damon imd Mr. nnd Mrs, Paul hnn iiLK-iuli-d the Mill District n inn of American Lcyton in So tht.s work. Mr. Illnckiird Is ™iimmml(T Mr. Faster is inljulsilil (if (hi 1 Dislrk't, which they n-prcsriH the mcc't.inu. McCarthy, although he owns no stock, wns re-elected president of the Center. Hilton was named chairman of the board and some of his lieutenants replaced previous members of the board. Two to Attend Bank Session S. H. Bovill of Blythevillo. Route 2 and C. K. Duncan of Blythevillo Route 4 will nllund the eighth annual meeting of stockholders of the federal Lnnd Bank of SI. Louis ill St. Louis Monday and Tuesday. Doth arc members of the board of directors of the National Farm Loan Association of Osccola. The National Farm Loan Association serves fanners In Mississippi County In the extension ol farm mortgage credit. Dinner Tonight For McCarthy Wisconsin Friends Of Senator Will Honor Him in Sudstown MILWAUKEE OR —Sen. McCarthy iR-WiK), who says he's convinced the Senate will censure him and wishes it would get H ov-r with, will he honored by Wisconsin .state admirers at a testimonial dinner tonight. Sponsors of the dinner at a Milwaukee hotel said the limit of 1,500 tickets at $5 a plate has been sold. McCarthy, interviewed, last nitfhi when he arrived from Washington with his wife, said opponents had enoiiKh votes to censure him. "The .speeches won't make any difference," he said. "I'd like to see a vote right away, so we ran get hack to work. As of ritfhi now they have enough votes. The Democrats will KO down the linr;. So will the left-win^ Republicans —f should say the left-wingers who ran under the Republican banner. Only the Taft type ot Republicans are for me." Principal .speaker at the te.stt- moniiil dinner tonight will he Sen. Goldwater (R-Ariz), who yesterday called on McCarthy, to apologize to Sen. Kent! rick son (R-N.J> during; a speech Goldwater made in the Senate. N'n Apology One of the counts on which a .special Senate committee recommended censure was McCarthy's denunciation of Hendrlckson as being "without brains or guts." "I have no plans for doing any apologizing," McCarthy said. "If there is Rome thing I can tell Bob (Hendrlckson) that will make him feel better I have no objection. I don't have any idea what might he said. Bob Hendrlckson Is a good friend of mine." Asked what effect he thought the censure resolution, if passed, would have on his political fortunes, McCarthy replied: "None at nil. I think I would not be up for censure except for the fad that I am exposing Communists." He declared that once the censure Issue Is disposed of, he would try to cleim up the work of the Senate's Permanent Subcommittee on Investigations, of which he is chairman. "Maybe we can finish it by Christmas. We have a sizable number of Communists in defense plants," he said. L/TTLi UZ- people are so Intelligent they can speak on any sublect-- others don't seem to need a subject. ««** Ark-La Gas Co. Rate Increase Hearing Delayed LITTLE ROCK (^—Resumption of hearing on Arkansas-Louisiana Gas Co.'s application for a $3,654,000 yearly rate increase has been postponed from Monday until next Wednesday. The action was taken because the Federal Securities and Exchange Commission at Washington currently is inquiring into a proposed transfer of controlling stock of Arkansas Louisiana from Cities Service Co. to W. H. Stephens Investbent Co. of Little Rocfl. Two of the three members of Arkansas Public Service Commission —Chairman Lewis Robinson and Commissioner T. S. Lovett — are at Washington for the SEC hearings. I The USC several weeks ago heard | direct and cross examination of ' company witnesses In the rate hearing. When the sessions re.smue, objectors to a rate increase will present their testimony. Practical Nurse Course Planned Women In (hi.s ureu InlcrrsLed In becoming practical nurses, may now (lie npiOicr.tion.s for training courses, It was [iimuunred today. Applications for training arc now brtrm taken lU llw OUt Hi^h School BuildiiHs" in Jowwboro. Dead line for applying For the trniniim Is Dec. H). Persons rifvitrinR further Infnrmn- tion can receive it by calling Wrb- Mrr 1!-1M7<> In .Inncsboro or Mrs, lively n Cuppas in IJlyVlwville. With The Courts COMMON 1'UvAS— Noble Gill Pontlac. Inc., vs. Ijr ClOEuntl and Irene ClegRrtt, SIM damages and recovery of automobile. CIKCIJIT— (Civil—James J. Edwards vs. Bm- mctl Cole. Sr., ct al, $28'l damages for automobile accident. JUDAISM Continued from Page 1 founded in 1836. traders of other historic congregations to receive^ special citations at a gathering in Carnegie Hall tomorrow night include: Shcarith Israel (1654), New York; Touro Synagogue, HB58), Newport. B.I.; Mikveh Israel, (114). Philadelphia; Beth Elohlm (1150), Charleston, S.C.; Beth Aha- bnh (1789), Richmond, Va.; Ro- clclph Shalmo (18, Philadelphia; Baltimore Hebrew (1823), Baltimore, Md.; K. K, Bene Israel (1824), Cincinnati: B'Nai Jeshurun (1825), New York; Touro Suna- gogue (1828), New Orleans, La.; Shaarcl Zedek (1837), New York; and Beth Emeth (1838), Albany, N.Y. Nehru Invited to Moscow NEW DELHI. IiKlIn M')- Prime Minister Nehru Mild tndny the Russians have Invited him to Mosnnv, but pressure uf work at hnme nnd other enyji^ements have mode it impossible lo (ix a date for the visit. If SMU Loses, No Classes FAYETTEVJLLE (/Pj—If Arkansas cinches a Cotton Bowl appearance in Us game \Vith SMU here today there'll bo no classes nt the University M imcifiy. University President John Tylci Cu Id well told students at. a rally Ingt night Hint "When we' find ourselves in one of those bowls, It wil' bo on n SnUirclny. "School is .supposed to shut on Monday but it will start on Tuesday. " NEA Firemen Meet at Keiser Nearly 150 Attend Session of Group Northeast Arkansas Firemen's Association met at Keiser Thursday night. The meeting was attended by 149 members of the organization who heard recently elected Circuit Judge H. G. Partlow speak on the role of firemen in protection of public property and the difficulty of detecting and convicting arsonists. Five mayors attended the dinner meeting presided over by Chief Elmo Anderson of West Memphis, president of the organization. Mayors present were Bruce Wilson of Keiser, Thurlo Berry of Monette, Herbert Sanderson of Jonesboro, J. H. Mills of Lepanto and J. D. May of Harrisburg. Welcoming speech was made by Mayor Wilson. Woodrow Smith of Harrisburg was elected to replace the resigned Whit Murphy of West Memphis on the association's legislative committee. Member fire departments were urged to develop junior flre mar- shall 'programs and to work out plans for cooperation with civil defense activities. Next meeting of the association was set for Feb. 10, 1955 at Mari- ,nna. APL Slander Suit Denied LITTLE ROCK Wj—Little Rock banker A. E. McLean has issued a blanket denial of allegations contained in a $2,000,000 slander suit filed against him by Arkansas Power and Light Co. McLean severely criticized the unsuccessful attempt of AP&L to get an annual rate increase of. $3,900,000. The AP&L suit charges that McLean, on three different occasions, made "defamatory and slanderous statements about the power company's management. The suit charges that publicity resulting from the statements was "intended and did cause loss of confidence by the public and In financial circles in the management of AP&L." Negro Deaths Sarah Wilson Services far Sarah Wilson, 68, who died Tuesday at her home In Armorel will be conducted tomorrow at 1 p.m. by Rev. T. F. Conne at Caston Funeral Home Chapel. Burial will be in Burton Spui Cemetery. Survivors include three daughters, Neona Oarrett of Chicago, Goldie Mathls of Osccola. Annie Weaver of Blytheville; two sons Jimmie Wilson of Blytheville and Ernest Wilson of Caruthersville, Mo Mamie 58 Tomorrow WASHINGTON W)—Mrs. Dtt'ighi D. Eisenhower has a big stack .ol packages to open tomorrow—her 58th birthday. Among them is one from her husband, the President, who returns today from n couple days of duck hunting on Luke Eric in order lo be buck at (he White House for the celebration. iYOUR FRIENDLY THEATRE • SUNDAY & MONDAY November 14 & 15 stakes men played for! Deadly weapons and thundering fists were the chips they used! Dale ROBERTSON Debra PAGET ..THOMAS GOMEZ SIMPLIFY SHOPPING AND SAVING WITH What do you Need? - Get it fast with a low cost want ad! Thrifty women — and men, too — read our classified ads every day for the best reason in the world: YOU SAVE! ! Want ads in this paper ar* a market place for everything you want to buy, sell, or swap and — for expert services. . . . Get the classified shopping habit, now. ... we will help you write the Ad! Ads placed before 5 p.m. will appear next day, except for Monday's paper when ads must be placed by noon Saturday. All classified advertising payable in advance. BLYTHEVILLE COURIER NEWS MCCARTHY Continued from Page 1 work" against Communism, Stennis said, this "is not a license to destroy other processes of the Senate or destroy its members, . , "If we approve, then something big and fine will have gone from this chamber and something of a wrong character something representing a wrong course, a wrong approach — will have entered and will have been accepted as a proper standard of conduct." But Sen. Goldwater (R-Ariz), told his colleagues that McCarthy's critics had "dipped in the smut pot" in an effort to destroy the Communists' "major political obstacle in America." 'It is difficult to believe that the senator Is really under attack because of the relatively trivial offenses which have been alleged against him tjy the special (Watkins) committee," Goldwater said. "I suggest that Sen. McCarthy is facing a censure vote in this body because he has put his finger fearlessly upon the men in high places who, through stupidity or muddled ideology, have stood in the way of an all-out fight against communism both in America and abroad. 'All the discredited and embittered figures of the Hiss-Yalta period of American dishonor have crawled out from under their logs to join the efforts to get even.' Sen. Carlson (E-Kan) said McCarthy had violated a rule of the Senate by his very attack on the Watkins committee, of which Carlson Is a member. This was in reply to contentions that McCarthy broke no Senate rule and therefore should not be censured. Announcing that he was opposed to voting censure, Sen. Brisker (R- Ohio) said McCarthy had dramatized the fight against communism more than any other man and "the question is whether we destroy that s y m b o 1 in a spirit of vindictiveness." Rhode Island contains no counties. Five Charged With Lepanto Baby Slaying LEPANTO, Ark. I* — Deputy prosecuting attorney H. L. Methvin said he charged five members of the same family with murder yesterday In the death of a newborn baby girl whose skeleton was found in an attic here last Sunday. Methvin said he filed information against these Lepanto residents: Laverne Fike, 24, described as mother of the child; Miss Pike's father, Charles Pike, 62; her brother, Marcus Eugene Fike, 18; her half-sister, Mrs. Kathleen Carson, 30; and Mrs. Carson's husband, Carlos, 49. A coroner's jury yesterday ruled the child had died by strangulation. Methvin quoted Miss Fike as say- Ing she gave birth to the child last January, when she, her father and her brother lived in the house. They moved in February. Hay Ride Ends In One Death HAZEN. Ark. W)—A truck carrying some two dozen hay-riding Hazen High School students collided with an automobile last night, throwing a number of the students from the truck and killing a passenger in the automobile. Bennie Samples. 20, of Hazen, who was to have reported for mill- U.ry service next \veek, was killed. Approximately half the truck passengers suffered minor cut and bruises. They were given first aid treatment but were not hospitalized. Arthur Wilson, 22. ,also of Hazen, driver of the automobile in which Samples was riding, suffered a compound fracture of the right arm. He was token to 'a Little Rock hospital. The accident occurred at tn» junction of Highways 70 and 11. COMING ' I s See Santa during his 2 Day Toy Show. He will have a gift for the kiddies. Plan to come in and see him. WATCH FOR THE DATE. Blytheville, Ark. 217 W. Main St. SEARS Sales Office DR. J. F. BROWNSON Announces the removal of his offices from 1201 W. Ash Street To 111 NORTH FIRST STREET For Fine Foods, Choose PICKARD'S GROCERY & MARKET We Deliver Nationally Advertised & Fancy Groceries 2-2043 Call In Come In 1044 Chick Jack Webb, M. D. Announces the Removal of his Building to the new EYE CLINIC 520 W. Main Practice Limited to the Eye and E.N.T Office Hours 9 lo 5 Daily Eicept Thursday Afternoons »nd by Appointment FUEL OIL G. 0. POETZ OIL CO. _ "I Sell That Stuff" _ ^V Phone 2-2089 ~ Visit Conny's Conoco Service, Ash & Division

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