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The Baltimore Sun from Baltimore, Maryland • 1

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The Baltimore Suni
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nnr "Weather Forecast Mostly sunny with rising temperature' today; fair and moderately cold tonight. Saturday's temperatures: 41; 27; mean, 34. Details in Section Page 23 SUN Police Question 'Suspect In Holdups Here: Page 28 jVol. 45 No. 47 D.

PAID CIRCULATION OCTOBER i Sunday 283,486 BALTIMORE. -SUNDAY; 'NOVEMBER 25. 1945 Zone 3 116 Pages Price; US? To 1 iln November, 1941, Welles ar Odds 1 Maryland Hands Virginia First Bef eat Of Season, 19-13 000 Says Ban On Overseas Greek Regent's WARMONGERS JAW-MAY ASK Chinese Buffer States TOKYO CAVALIERS Charged As Soviet Aini Commander Of Armies Pushing Toward Mukden Cites Mongolian Vote In Support Of Belief Chinese Nationalist press says Manchurian port of Hulutao has been captured Page 2 By PHILIP POTTER I Sun Staff Correspondent isend in its troops to relieve the Soviet military forces has been balked by the Chinese Communist control of the rail lines. marsnai i-i saia mai ne naa i a i a a. a a made known to the Government as early as October of 1944 his con viction that the Manchurian ports I Port Arthur and Dairen were tne Key to tne control oi me Nortn Pacific and that he felt that China interests would be best served by American occupation of those ports.

He said he was convinced at that time that the war with Germany was nearing its conclusion and that Japan would seek peace within a short time after the Nazi capitula- tion, but that Russia would in the meantime have joined the war against Japan because of her interests in the Far East. Urged Sending U.S. Force He said he urged that the United States be prepared to send lonS as possible if not to prevent it, sea and air forces to Manchuria at had but failed altogether. Japan the earliest possib'e moment to clearly headed for new con-seize control of the vital Manchu- quests against which America and rian ports of Dairen and Port Britain alike had warnsd her. Holiday Messages Off This Season Washington, Nov.

24 UP) Sol diers, sailors and the. folks back home can exchange cable and radio holiday greetings this year without restrictions. The War and Navy departments announced today the fiat ban on holiday messages, imposed last year after two previous years of message rationing, has been ended and plans made to handle a heavy volume of good cheer. Messages should be filed not later than December 18 and care taken to give the full name, rank. organization, location and APO number.

Greetings are selected from the form offerings contained in the "expeditionary force mes sage blanks," available at telegraph and radio 32,856 GIVEN MILL LOANS -Deals Negotiated By Veterans Total $130,000,000 Veterans hospitals will be located on basis of medical service, not of economic benefit to communities. Colonel Wright 15 By FRANK R. KENT, JR. Washington Bureau oj The Sun Washington, Nov. 24 Under the provisions of the so-called GI Bill of Rights, veterans of the War just ended have negotiated 32,856 loans aggregating more than $130,000,000 for the purchase of homes, farms and small businesses.

Gen. Omar N. Bradley, veterans administra tor, announced today. The number of. loans made rep resents an infinitesimal percentage of the number of men discharged from the armed forces since V-E day.

i The latest War Department figures available place the number of men discharged since May 12 at 3,114,000. The latest navy figures available place the number discharged at approximately 700,000. The num ber of loans reported by General Bradley represents roughly eight tenths of one per cent of the total number of veterans discharged since V-E day Forms Being Simplified There have been statements made that the paper work and red tape required before a veteran is able to negotiate a loan is respon sible for the small. number of those taking advantage of the provisions of the GI Bill of Rights. General Bradley announced to day that an effort is being made to speed up loan guarantee applications by authorizing regional mana gers to designate property apprais ers.

Lenders also have been author ized to select appraisers from ap proved panels. General Bradley added that forms used in applying for loan guarantees are being simplified and a number of them are being eliminated entirely. Of the total number of loans announced today, 29,861 were for the purchase of homes, 700 for farms and 2,295 for small busi nesses. Of the total home-loan guarantees approved, 1,185 once were rejected by the Veterans Administration and returned to lenders for renegotiation of sale prices. Upon resubmission they were ap- (Continued on Page 15, Column 8) ATTACKED AT UNO MEETING Preparatory Commission Hears British Leader At First Session Debate on UNO opens tomorrow in Senate.

4 By RODNEY CROWTIIER (London Bureau of The Sun London, Nov. 24 IBy Cable Philip Noel-Baker, British Min ister of State, welcoming delegates the opening session of the Pre paratory Commission of the United Nations today, strongly assailed people who "in more capitals than one" are already talking about the next world war. "It is grotesque and wicked for anyone to say that any government in the world thinks of or wants another war," he said as he gave delegates of the 50 other nations present the assurance that Great Britain, as host to the conference, places the success of the United Nations as the No. 1 objective of this country's foreign policy. 1 Protected By Royal Marines Mr.

Noel-Baker added that "it is grotesque and wicked to believe that any government is preparing for another war." The preparatory commission met at its first plenary session in the oak-paneled room of Church House, Westminster, the, administrative home of the Church of England, and at one time during the war the seat of the House of Commons. Closely protected by Royal Marines in resplendent blue and red uniforms, something over 500 representatives, deputies and assist ants assembled for this conference. They have the task of perfecting the United Nations machine which is to enforce the peace of the world. Apologizes For Quarters The Minister' of State apologized to the delegates for tho skimpy na ture of the quarters, "which are not all that we would hope for," he said. But those who knew why they are in these small quarters instead of the magnificent and Bpacious Central Hall of Church House re garded it as a proper example and a warning against all future wars.

The central debating chamber lay to the left of the delegates, the charred and ruined victim of a heavy bomb. Keynote For Conference 'L', In sounding the keynote for the conference, which will last through December, the Minister or btate said that the people of the world are waiting for the completion of this new international institution. It is through the institutions of the United Nations that the people of the world will make their Governments end forever the cfime and folly of international war," he as serted. Mr. Noel-Baker advised the Preparatory Commission that the first general assembly of the United Nations, which is to be held here in January, will be faced with some very great and very urgent tasks perhaps even the control of atomic Atomic Energy Discussion On the subject of atomic energy.

which everybody knows will be one of the predominant problems be fore the United Nations soon, tne minister said: "There is no doubt that the gov- (Continued on Page 4, Column 3) Arthur. I The marshal, one of Gencralis-I simo Chiang Kai-shek most trusted military advisers, said that he pressed his views on the Gov- (Continued on Pag 3. Column t) RICES IN JAPAN RISING RAPIDLY Muddled Finances Bring Infla tion And Hint Panic War On Gougers Shanghai. Nov. 24 An gered at the rapidly ascending prices in Shanghai.

Lieut. Gen. Albert C. Wedemeyer. com mander of American forces in China, said today he was "deter mined to smash this exploitation of Americans.

The General emphasized that his statement was "not a veiled threat I am not bluffing and noi intimidating. He told correspondents his staff was studying "a correct approach" and if that fails he will place out of bounds all price gougers. By ROBERT B. COCHRANE Tokyo' Bureau of The Sun AOKyo. xmov.

2 itsy tuiaioi Japan spiraling prices continue linufflPf iinah(1 mama ing inflation if not actual panic in the nation muddled financial sit- uanuii. baugui llKUl 111 U1C miaow UI UlC Allied, failure to set a realistic value on the currency here is the avV" A 1 BIV IUIVVU Jill B11U OTUUI a ku u.J I I Resignation Said To Be Retracted Athens, Nov. 24 (Archbishop Damaskinos.was reported in Greek Government quarters today to have withdrawn his resignation as regent, apparently yielding to requests of the newGreek Premier and the British that he remain The Archbishop refused yester day to comply with these requests, made by. Premier Themistoklcs Sophoulis, Ernest Bevin, British Foreign Secretary, and Hector Mc Neil, the British emissary to Greece. He also declined to sign any laws or decrees.

It was believed that Damaskinos might have bargained with the Gov ernment for more authority in nam ing ministers in return for with drawing his resignation. Bevin, in a letter to the regent. said he considered it "important in your country's interest that you should remain at your post and take care of your country until in tegration of the task." PARRI, ITALY'S PREMIER, QUITS 1- Consultations To Start Today For New Government Rome, Nov. 24 UP) Ferrurcio Parri, his coalition Cabinet shat tered by a Rightist revolt, stepped down from, Italy's premiership tonight after warning the nation's political leaders that a prolonged crisis would "open the road to Fascism." In a valedictory to which he summoned the world press. Parri handed his resignation to the Committee on National Liberation.

which placed him In power last June; then, driving through rain to the Royal Palace, he formally bowed out before Crown Prince Umbcrto. The Prince, for whom the crisis may provide a long-sought chance to strengthen the embattled mon archy, announced he would begin consultations tomorrow toward formation of a new government. Long Stalemate Seen With Leftists struggling bitter ly for control before general elec tions are held in the spring, ob servers predicted a long stalemate before the crisis is resolved. While Parri, 55-year-old former resistance leader, spoke to the liberation committee, a crowd estimated at 1,000 gathered In the street outside Viminale Palace and shouted, "We want Parri." Police reinforcements guarded the palace. The committee included repre sentatives of the Liberal and Christian Democrat parties, whose withdrawal from the Government coalition precipitated the Cabinet crisis.

Climaxes Weeks Of Tension Parri's decision capped several weeks of tension in the' Govern ment, with Liberals conservatives feuding with Leftists chiefly over control of machinery for elections scheduled for next spring. The Liberal party and the Chris tian Democrats broke with the Government in the face of the warning of Parri that "very grave international and internal reasons" made it necessary to avoid fall of the Cabinet at this time. In addition to disputing over election machinery, the Liberals have also opposed a decree which would extend the purge of Fascists from Government employes to pri vate citizens. The Liberals feared this would hit many industrialists and landowners. Took Over Power Last June Parri was a relatively unknown patriot leader of northern Italy when he was given the reins of the new coalition -Government last June 17.

He succeeded Ivanoe. Bonomi who had resigned five days earlier. in keeping with a pledge he would step down after all of Italy was liberated. Parri, speaking to the committee, flatly denied reports that foreign powers wanted to see a change in the Government. He said the Allies had denied that to him, declaring they were concerned only because Italy, in the period of reconstruc tion, was too vulnerable to Cabinet crises.

Rejoinder By De Gasperi The Premier indicated his resig nation would result in. Rightist withdrawals and charged that the Liberal' withdrawal was in reality a maneuver to achieve a coup d'etat. He said.the Christian Democrats had engaged in the same tactics. These statements brought heated rejoinder from Alcide de Gasperi, Foreign Minister, leader of the Christian Democrats, that his party was not "blocking a re turn to democracy." "We do not want a return to fascism; we do need the funda mental principles of liberty," de Gasperi said. During his speech Parri defend ed his leadership, declaring he bad mediated between Left and Right, and had been criticized as often to TOOL UNION'S AID IN STRIKE Auto-Parts Spokesman Sees G.M.

Tieup Halting AH Car Output Illinois telephone workers' strike is Page 15 Ira Mosher, N.A.M. president. says success of labor-management conference depends on change of labor position. Page 15 Baltimore CIO officials call strike-support meeting 28 Detroit; Nov. -24 UP) Co-opera tion of tool and die workers may be sought by the ClO-United Automobile Workers Union in the strike against General Motors Corpora tion, union sources indicated to day.

At the same time, a spokesman for the automotive parts makers as serted, the strike which already has 'made idle close to 200,000 workers in 51 cities will result in early layoff of 100,000 parts-industry employes and eventually halt all automobile production. The UAW-CIO, demanding a 30 per cent wage-rate increase within uenerai Motors present price has announced accept ance of an invitation to meet in Washington with Lewis B. Schwel-lenbach, Secretary of Labor. G.M. Refuses Comment A spokesman for General Motors, which yesterday rejected a union arbitration proposal, said no invitation had been received from the Labor Secretary.

Until it has been received, he added, there would be no management comment on the proposed conferences in Washing ton. Walter P. UAW-CIO vice president, in a prepared state ment today, asserted that General Motors has committed itself to in dustrial war all along the industrial front." America's postwar problem, the-statement said, "is not production; it is maintenance of purchas ing power so that the American people can buy back the abundance they can produce." Reuther said the union on Mon day would suggest to G.M. that the wage negotiations be resumed while the strike is in progress. "Demand For Abdication Asked at a news conference why fine union's arbitration proposal had included stipulations that the management's books should be opened to the union.

Reuther said: That an accepted procedure of bargaining. The union, Reuther added, did not plan to make another arbitra tion offer without the provisions. General Motors, in spurning the proposal, described it as "not an offer of arbitration but a demand for abdication," and "so unsound, unfair and unreasonable as to in sure its rejection." The proposal to seek co-operation of tool and die workers, union sources said, did not necessarily mean a strike among such workers, but rather an agreement on their part to refuse to work on material for General Motors. Plan "Under Advisement" Reuther said the plan had been considered by the union strategy committee, but had been "taken un der advisement." A meeting of the UAW-CIO Tool and Die Workers (Continued on Page 15, Column 1) Unified Defense L. FLEMING The question arose primarily be cause the Executive had just an nounced the appointment of a new Army Chief of Staff and Chief of Naval Operations Gen.

Dwigbt D. Eisenhower and Admiral Chester W. Nlmitz who would hold op posite views on the unification question. When this divergence of opinion was pointed out to him, the Presi dent smiled and said he thought by the time he made his statement all parties concerned would be in one boat. Presumably he meant that he anticipated unanimity.

In the magazine articles of fif teen months ago, the President emphasized at the outset that his belief in unification of the armed forces was not a new conviction. Helped Frame Policy "For he wrote, "the American Legion, out of the mem bership first-hand knowledge of the need, has urged the unification of the country's fighting forces. I helped to frame this Legion policy and indorsed it without reservation. "As senator, faced daily with the confusions and conflicts inherent in separated commands, what was a belief has grown into a sincere conviction. "But if this background had been lacking, what happened on December 7, 1941,: would have made me the ardent champion of a single (Continued on Page 15, Column 6) in PICTURED 115 Diplomat Credits Hawaii Fleet With Restrain-; ing Japanese- By MARK 8.

WATSOX Sunpapers Military Correspondent II 9lllll(fcVU1 .1 chances of avoiding war with Japan had shrunk to about one in a thou- sand by the end of November. 1941. in the belief of Sumner Welles. Under Secretarv of State at that time, as expressed today before the Pearl Harbor Investigating Com- mittee. On December 6.

when Japanese troop transports were detected en route toward Malaya, he went on. the odds had dropped to one in a million. That overt act by Japan. dis- kerned off the coast of Thailand was evidence that American nego- tiations, intended to delay war as Full Support Of Hull The special tragedy is that what was men aiscernea was oniy me Japanese expedition on th way to Southeast There was no hint of that other Japanese fleet, wholly undetected, which was about to de liver the paralyzing blow at Pearl Harbor. Mr.

Wellcs's testimony, occupy ing the entire day. was bjr his unqualified support of the views presented yesterday his wartime chief. CordeM "iis developed in answer to questioning which appeared to be aiired at getting the witness to fix on Mr. Roosevelt or Mr. Churchill some measure of responsibility for starting the war.

Several times Mr. Welles, throughout the lontt daw a monu ment of diplomatic dignity and icy courtesy and totally unrumedby the reiterated questions, repeated bis original answers, and wound up with the categorical assurance that he was entirely in agreement with Mr. Hull recital of this Government's behavior. Jap h'ott An Ultimatum These declarations in his discus sion are of special interest: 1. The Hull note to Japan, of No vember 26, was not an ultimatum.

It was the Japanese note to America, of November 20. which was the ultimatum, and so identified in the Japanese "secret" messages. 2. The State Department labored until the attack itself to avert or Miiw presented the viewpoint of Whit House, War and Navy departments, a 1. th rh.irrhiii messages the British as well.

mi c-ntintMr MP. lU.lla. rl urae nnlv th L.mntA, nr peaceful solution and consequently hostilities would be ineviuoie. Chang. I Churchill Suggestions 4.

The Roosevelt idea of a naval uu.u uau niuu.i ardson. the witness regarded not a "plan." but a "project Wh-Ch was disapproved as likely to pto- ivoxe war, ana nence never aevci loped. "wuy informed in detail of the grave situation because, in M. Welles view, publicity at that thereby serve the Japanese purpose. 6.

Mr. Roosevelt oral discus sion" (actually typed and handed to Nomura) of August 17, follow (Continued on Page 2, Column On Other Pages Editorial. 14 Sports 23, 24, 25, 26 Movies. Section A. Page 7 Music.

A. Page Theater Section A. Page 6 Society Section Pages 10-12 Radio Section Pages 18, 19 Of Special Interest Philip Whitcomb tells of French Communists presenting own bills in move to increase popularity Page 3 General MacArthur orders drastic war profits taxes to redistribute Japan's 2 U. Britain clash over airlines as tension rises in 11-week-old economic Page 14 Secret Service takes hand as New York crime wave rises. 7 BEATEN BY LONG PASS 15,000 See Terps Win Game In Final Two Minutes By CRAIG E.

TAYLOR XSun Staff Correspondent Washington, Nov. 24 University cf Maryland upset the University of Virginia, 19 to 13, as 15,000 football fans in Griffith Stadium shouted themselves into exhaustion during a seesaw contest that pro duced a thrill a minute. big moment of the game was reserved until the tag end of the fourth ouarter. when Marv land came from behind a 13-to-12 Cavalier lead to score the winning touchdown on a 45-yard forward pass play. Bill Poling, Maryland halfback, threw the long pass.

It sailed 50 yards in the air to Don Gleasner, left end, who towers 6 feet ZVz inches above ground. He the ball on the run at the five-yard line, inside two defending backs, Charley Ellis and Virgil Perry. They drove desperately as Gleasner struggled forward to fall across the goal line, but could not stop the Maryland end. Virginia's First Defeat' The timer's clock stopped with' Just one minute and five seconds left to play. There was time enough for the desperate Cavaliers to receive the kickoff and try four forward passes.

Only one was completed, gaining seven yards, so Maryland took the ball on downs, ran one play, and time expired. The Terrapin victory snaps a string of seven games without defeat or tie for the Cavaliers, and may result in the denial of a Bowl bid so confidently expected by Virginia. Many Penalties Called It was a hard, rough game, which drew an increasing number of penalties as the battling teams fought Into the dramatic final period. Maryland decisively outplayed the favored Virginians, but until the last sharp thrust overhead it appeared that chance, which so often decides the issue between teams that are reasonably wejl matched, would intervene to keep the Virginia streak unbroken. The Cavaliers scored first in the second quarter after Maryland had been turned back on the rival 14 and again on the 2, where Harry Bonk fumbled on the third down Poling, Sammy Behr and Gleasner were outstanding in the Maryland attack.

which obviously surprised the bowl-bound Cavaliers with its effective play. Virginia Uncorks Drive Virginia put together a sus tained drive in Ihe second session that covered 53 yards to the Terps 27, where Poling intercepted a pass by Ellis. Poling made a. great run of 36 yards around right end. only to have Bill Greer fumble and Rob ert.

Jamison recover for Virginia en the Cavalier 31. Ray Brown, a hard-hitting back all day for Virginia, quick-kicked over Poling's head to the Mary land 13. and after a short advance, the Old Liners were penalized their own 5 for clipping. Joe Pietrowski. sent in to punt, fumbled a Jiigh pass from center in his end zone, and Bill Pickett, Virginia end, fell on the ball for a touchdown.

Ellis placekicked the extra point Behr Runs 90 Yards Within- 15 seconds, Maryland scored a touchdown, as Behr caught the kickoff by Jim Ken- nard, on the Maryland 10-yard line and raced all the way back to score. He was aided by a perfect block of the nearest Cavalier, thrown by Bonk near midfield. He faltered as he crossed the Virginia 10-yard mark, but kept his feet and scored. Ed Scbwarcz missed the place (Continued on Page 23, Column 5) Notre Dame 32 Tulane. Penn 59 Indiana 26 Columbia 21 Michigan.

7 N'western 13 Yale 20 Harvard 60 14 7 14 Wisconsin 26 Pittsburgh 7 Cornell 6 0 Dartmouth 0 Ohio State 3 Illinois 7 14 Boston 0 0 Miss. 6 N. Carolina 7 Minnesota. 12' Penn 0 Full list of football' scores on Page 23. Stymie wins Riggs Handicap, and Star Pilot wins Futurity at Pimlico Page 25 Other Major Scores Peiping, Nov, 23 By Radio Delayed Marshal Li Tsung-jen said last night that he believed that Russian policy in Asia is aimed at the creation of buffer states carved from Chinese territory in Chinese Turkestan, Manchuria and Mon golia.

The marshal, commander of the Government 11th and 12th war zones, whose crmics now are press ing toward Mukden along the Pciping-Mukden railroad, made the statement at a dinner party for reprcsentaJves of the United Na tions Relief and Rehabilitation Ad ministration and the Chinese National Relief and Rehabilitation Administration in the luxurious hall of "Industrious Care of the State," one of the palaces of the former Manchu emperors. Recalls "Unanimous" Vote In support of his belief, he re called the recent plebiscite in So viet dominated Outer Mongolia which resulted in a "unanimous' vote for severance of that so-called independent republic from China. He also recalled the recent de velopments in Sinkiang (Chinese Turkestan), where the Kazaks within the past year have seized control of the Hi district, and Man churia, where every effort of the Chinese National Government to 26 PERSONS HURT IN BOMBAY RIOTS American Soldier Among Dead In Calcutta Outbreak Calcutta. India. Nov.

24 Twenty-six persons were injured at Bombay today in a new outbreak of rioting which already has produced scores of casualties in India, including one American killed and 26 injured in Calcutta. The death toll for three days of demonstrations against the trial of members of the Indian national army as war criminals mounted to 37 when American authorities an nounced that the charred body of a missing soldier had been found near the wreckage of a burned ambulance in Calcutta. Police Fire On Students The new clashes in Bombay broke out when students of Khalsa and Ruia colleges walked out of their classes and attempted to stage a demonstration without a permit. Police blocked the street and charged the demonstrators with canes. They later opened fire after the students showered them with bricks and stones.

Three police inspectors, three policemen and twenty students were injured by flying missiles. No one was reported hit by gunnre. The name of -the dead American soldier was withheld pending notification of next of kin. He was re ported to have left Camp Howrah for Calcutta, driving an ambulance, Thursday nieht The burned am bulance and his body were found (Continued on Page 2, Column 4) ber production if needed may rise to a total of luu.uuu tons. Thus the world faces a total po tential rubber production of 000 to 2.800.000 tons a year, al though actual production will be much more in line with requirements.

By contrast, the maximum rubber requirements of the next few years for the whole world are estimated at possibly i.auu.uuu ions annually. The study groups say that some rubber users would prefer the natural product because of its spe cial qualities, and others would pre fer synthetic. Between these ex tremes, many users may be able to employ either kind of rubber and will determine their preference on the basis of cost. Production Costs The present selling price of syn thetic rubber in this country is 18V4 cents a pound, and the experts say that more than covers the man ufacturing cost. No estimate is Riven of the probable future pro duction costr of natural rubber in the Far.

East. Of the natural product, the re port said that Far Eastern stocks were between 200.000 and 300,000 tons at the time of liberation of the producing ar--s, but it is uncertain how much of this will be exported to the rest of the world immedi ately. Natural rubber deliveries to industrial countries of the world may reach approximately 600,000 tons next year, it was said. of each pay day as he is subjected toblckde 1940 to sra.m ini SKvrnrnMinff nrir in Jinan black market, which encompasses nrartirallv th entire merrhandis- ing trade. Difficulty Over Food Th.

runit wit oitiitu ai exchange value on Japanese cur- fnr in a cumbersome barter system be- fore the nation can imDort food Article By Truman Indicates Surplus Of Rubber Forecast For World Within Few Years from abroad, which it must if wide- stage would have been used to in-sDread starvation this winter is to flame the Japanese public and Support For By DEWEY Washington, Nov. 24 Unless President Truman has changed bis opinion radically within the last fifteen months, he may be expected soon to give a strong indorsement to pending legislation for unifica tion of the nation armed forces In a signed article published in Collier's Magazine of August 26, 1944, the President then a sena tor, chairman of the Senate com mittee investigating the national defense program and Democratic candidate for Vice President took a firm stand for unification. What Truman Wrote He wrote: "An obvious first step (toward sound national defense) is a con solidation of the Army and the Navy that will put all of our defensive and offensive strength under one tent and one authoritative, responsible command. A com plete integration that will consider the national security as a whole. Absolute cohesion instead of inde pendent departments and agencies, each with its own pride of identity, its prejudices and jealous rivalries that, masquerade as esprit de corps." When he was asked at his press conference last Tuesday if he cared to comment on the unification bill, the President said he would state his position at the proper tim5.

and indicated he would do so in special communication to Congress. be prevented. No such imports have yet been authorized, though they have been recommended to General MacAr- thur by the Natural Resources Section of GHQ. A third result of the Allied delay is the piling up of large amounts of probably worthless yen by certain Allied agencies which have been permitted to resume limited activities, such as to provide world-wide news for Japan's newspapers. Must Accept Arbitrary Rate These agencies must accept pay ment in yen at the arbitrary rate when the real value of the currency, in the opinion of Japan's own bankers recently canvassed, is not more than 2 cents, or 50 yen to the dollar.

Whether it is worth even this much is questionable, since the cur rency is still rolling off the print ing presses to provide pay-rou amounts for the occupation forces and to keep money in the Government's coffers. The 2-cent value is also doubtful because most of the resources be hind the currency are already im pounded by MacArthurs economists and financiers, and may be held against occupation costs and reparations. Devaluation Inevitable The devaluation of the yen, which was inevitable already the black market is offering 70 yen for $1 of actual American currency (Continued on Page 2, Column 1) Washington. Nov. 24 (JP) Tire- hungry motorists take note the world now faces a huge ruoocr surplus for the next two or three years.

This is the conclusion of an in ternational "rubber study group" of American, British. French and Dutch experts. They have con cluded a meeting" in London, and their report was released simultaneously here and there. It contains no recommendations for -production controls among the nations which produce natural and synthetic rubber, so that the way apparently is left open for intense competition on a cost basis between the manufacturers ol synthetic rubber in this country and the producers of natural rubber in the Malaya-Dutch indies area. Developments Expected Some experts believe and the rubber study group implies that this may lead to the development of a ereat variety of new uses for rubber and new production of rub ber articles in the near future.

The international experts summed up the world's rubber situation this way: United States capacity to produce synthetic rubber stands at 1,055,000 tons a year out of a total maximum world capacity of 1, 400.000 tons. Natural rubber output in the Far East in 1946 may reach 600,000 tons, and the eventual natural rub from the Left as from the Right. is..

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