The Courier News from Blytheville, Arkansas on December 19, 1947 · Page 1
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December 19, 1947

The Courier News from Blytheville, Arkansas · Page 1

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Friday, December 19, 1947
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VOL, XL1V—NO. 226 Blythevllte Cornier BlythevUle Dally Nevsa BLYTHEV1LEE COURIER NEWS — ! ^DOMINANTNEWSPAPKK OF NORTHEAST ARKANSAS AKD BoS^f^t^.T -L 1 -Lj T? |^ Mississippi Vallev Leader BlythevUle Herald Commodity List Request Before House for Action Some Fear Decision May Be Postponed Until Next Month WASHINGTON, Dec. 19. [Up) —The House today rejected a Jar- reaching proposal wiifch would nave authorized congressional committees to obtain income tax fiels from the treasury department on demand. The proposal was rejected, 89 to 41. BLVTHKVILLE, ARKANSAS, FRIDAY, DRCKMBER 19, 1947 WASHINGTON, Dec. 19. (UP) —Speaker Joseph w. Martin, jr. held out hopes that the House may act today on the Senate resolution ordering Secretary of Agriculture Clinton p Anderson to make public a list of big commodity speculators. But Republican Leader Charles A. Halleck indicaed he was doubtt- ful whether there would be time to consider, the measure in the last-minute adjournment shuffle Another top Republican also hinted the House may sidestep the matter for the tlmo being. The Seriate last night approved a resolution ordering Anderson to turn over the list to Congress and make public the names. The resolution requires Hou.se approval. Martin was asked If there |. danger the resolution might be f/eldetrackcd in the House's efforts to clean up r its remaining business to members could [;et started home on their holiday vacations. "I certainly hope not," Martin replied. "I would like to see the resolution brought up and passed." House Has Separate Probe There were some signs, however, that the House may prefer to •tand pat on its own new Investi- Rt\ting committee headed by Rep. August H. Andersen, R. Minn. The special seven-member group was set up to make Its own check into commodity speculation It Is not involved in Andersen's iquabble with Senate investigators in which the agriculture secretary was the victor in having his way that a joint resolution be passed before he would reveal names.' Secretary Anderson, however, presumably would be no more willing to give the House group his list of names than he was to hone It over to the senators yesterday The House committee could make Its own Investigation o £ the com or to Ifttt'on^the Semite resolution before quitting for Christmas "still is in the dubious sta "I don't know how we can lose even if we* don't pass the resolution right away." he said. "We Btill have Rep. Andersen's committee which should be ready to oi>en jt.s investigations when Congress returns in .January." Meanwhile, Edwin \v. Paulcy, special assistant to the secretary of war, cracked back at sen. wil- Blytheville Girt Phones Santo, But Now the Line Is Very, Very, Very Busy Ever since little six-year-old Faith Penny talked to Santa Cluus over the telephone Wednesday the BlythevUle Telephone Exchange has been flooded with calls from boys and girls who wanted to tell Santa what they wauled for Christmas 'We receive lots of calls every day," Miss Pauline Burr, chief ot>era- tor told Courier News reporter "but we just can't get the calls through. The line stays busy the biggest pnrt of the time and we have to tell them to be good and they will hear from him Christmas." Faith, who is the daughter of Mr and Mrs. W. o. Penny of 100 Sast Cherry St., dialed the operator and asked to speak to Santa Claus. Tha operator, whose name was not revealed, tried Santa's number but as usual It was busy. So, the operator rang the next best number, that of Santa's helper here hi BlythevUle who took Faith's Christmas Jfst and relayed It on to the North Pole. But telephone officials arc today advising kiddies that the helper is no longer here. He left shortly after the call and went to join St. Nick In his Northern hideaway. K1GHTKKN PACKS Billions Asked to Battle •INOH OOPOM FTn|. Commodity Market Speculators Face Prospect Of Having to Do a Lot of Fancy Explaining By I.yle C. Wilson Unll«J Press staff Corre*pondent Congress Rushes Appropriations Final Action Pending On Funds for Aiding France, Italy, Austria By John I,, steele Unileil Press staTf Correspondent WASHINGTON. Dec 1G (UP) Congress raced the clock today m is efforts to provide funds for President Truman's emergency foreign relief program. With Congress scheduled to end tonight, the Senate was called Into session an hour earlier than usual Chairman styles Bridges of the Appropriations Committee predicted quick Senate approval for an emergency $570,000,000 fuel and famine relief bill to aid France China, Italy and Austria. This Is' apart from rr.H^. m Say Bridges' committee . assistance : under the Which Caplto1 First, commodity prices have boomed like nothing else has boomed in tills country since suckers thought they were getting rich In Cities Service and Montgomery Ward stock way back in the late 1920's. Ilor Instance: Week Wheat per bushel $3.25 Corn per bushel 2.19 Cotton per pound .37 Year Ago $235 1.57 .33 , Meantime, on the strictly regu- laled securities exchanges stocks have been steady. The price level of stocks on the New York Stock Exchange last week was substantially what It was a year ago. Factors such as the short, corn crop have of course affected the grain market more than the stock mar- get. Harold E. Stassen nnd some others contend, however, that strict stock market regulations have diverted speculators to the commodity markets where they do not have to put up so much money to trade In a big way. The further charge' is that government Insiders are among the commodity market speculators and that they appear improperly to have had advance ln- iormation of government purclms- es by which to guide their own op- crutions. lhe (peculator list Is a hot potato. There are lm|illrallon* thai among the gamblers are member! of Congress—perhapi Republican members. The chnncej are certainly pretty good that some wealthy Republicans who are not In official life will be listed, it is not Illegal for officials or others to go into the commodity markets. But If officials profited by inside knowledge there will be trouble. Stasscn is n candidate for He- publican presidential nomination. He stands to gain plenty If administration big shots are caught In the market, and the Truman administration would ba badly hurt. All of this has the makings ot a political scandal If the charges can be proved. They will be proved or disproved by publication of the list or big commodity market operators which is reported regularly as a matter of law by the Commodity Exchange Administration to the secretary of agriculture. Cause fur Much Debate One of the questions hotly debuted is whether Secretary ot Agriculture Clinton p. Anderson should not have made the speculator list public long ago. The com- modity exchange act which requires the report* has certain safeguards for tha business secret* of commodity market traders. But It also says the secretary has this authority: "To communicate to the proper committee or officer of any contract market nnd lo publish the full facts concerning any Irnnslllon or ism GOP Bill to Curb Marshall's Plan" For Europe Urged To Forestall War Inflation Passed, Sent to Truman President Expected To Sign Measure Pushed by Opponents WASHINGTON, Dec. It. U)r>)_ The House today completed congressional action on n, D 1H n,i R(! . . - ---— • ..._..- l->J f Tiling] |H tho Judgment of (he secretary of agriculture, disrupts or lend, disrupt any market or Is otherwise harmful or against the best Interests oi producers and consumers." If higher prices are agnlnsl Un best Interests of producers and consumers. it looks to most Republicans, »nri some Democrat* like Anderson could have marie the Hit of speculators publlo almost any time during recent months. On the other hand most Democrats in Congress, and some Republicans, support Anderson's contention that the above section of the law applies only lo spectacularly unusual Individual transactions and not to the stream of day-today trading, however speculative. President Truman and Attorney General Tom Olark backed Ajider- lam Jenner, R., Ind.. had last nleht gap lid sent to the floor a . stop- program carrying «50,000,<xxr to 1 uro P? a " 'countries -ju, for the Chinese tionnlJst government or G Marshall Back In Washington Truman and Cabinet Greet Secretary Home from London /„ ,, By Jame » C. Austin ^A C c5L Pr '* i Staff <-'<"T«Dondent) WASHINGTON, Dec. 19 (UP)— Secretary or State George C. Mar- Goodfellows* Drive Lags at Half-WayPoint Contributions to the American Legion's Goodtellow Fund received this morning totaling $24 50 brought the drive to within $3«50 of ILs fgoo goal, drive officials re- iwrted today. Contributions received this morning brought the total amount re- i cclvcd to date to nys reninh was ^"Se ^EtV:, ""• l >- ™'*«- Wlth on * g In which to Chest Campaign Reaches $16,176 Another $10,000 Must Be Provided To Reach 1948 Goal Th»- 1M7-48 Community Chest r,.n.»- i J -- -- ...... U...VJT WUCSfc fund today was p«t the JIB 000 mark when a list of, additional contribution, totalfni The fund . this morning, contaln- e£«<(,m.76, leaving another »10- patlon -purpose; Before the $1.091,546,500 supply bill can be sent to President Tru man's desk these three legislative steps were required: 1 The Senate must approve it 2. A Senate-House conference must pose differences between the Senate bill and the House versions ine House voted $509,000,000 n aid for the European countries, but none for china . L 1 ?,l nir _,. co ' lfe , ren '* compromise pproval by granted The full presidential"cabinet also- „,„ was on hand to greet n™ -»—» Olfice who had tried unsu«™._.. v ,„ achieve agreement on peace terms for Germany and Austria at' the London conference. Returning with Marshall on tin ellow Fund. clu T d h cd: li5t °' t0dn> " 5 d ° naUons '" J Ba™ W(wt Woodson presidential plane, the Sacred Cow E - wer e Lewis W. Douglas. U. S Am- Mr - «"d Mrs. J. p. Bracken bassador to Britain, and Stanton """ must be given final a,,, both Houses of Congress. Tlie Senate committee rane all but $47,000,000 of the admSnTs stratum's request 'for Prance, Italy and Austria while adding $20.000,000 for China:. President Truman, in calling the current emergency session, asked $597,000,000 In winter lwestern Europe but the f min China deferred. l ration wanted action claimed that Pauley used his government job to get Information to guide his commodity market speculation. Stasscn Starts Stampede It was the demand by Harold Btasscn, Republican aspirant for president, for a check of Pauley's commodity holdings that set off the congressional investigation. Pauley said Jenner is wrong He said "I have never at any "time In my life used any government position or any inside information or any information not available to the public for my personal gain." Both House and Senate members are anxious to (ind out if any government "insiders"—either ad- j ministration officials or congressmen—profited in the commodity kfiarkets. This Is why the Senate (^appropriations committee asked Secretary Anderson for his list of traders. Anderson insisted, however that he entire Congress must take responsibility for ripping away what he considered the presnt Igal rc- miirement that the names be kept secret. Faced with this impasse, the Senate passed its resolution. President Truman at, his news conference yesterday gave Andcr- Bon his strongest support. He said the cabinet olflcer was absolutely right- In Insisting that Congress give hm the authority to release th ^> names ,° f Iar S e speculators. j The food strike was ordered yes- is. U. S. Ambassador to Po- Byron, Mlley Mrs. Cecil Wrolen John Moore ...... President Truman told Marshall James Wren that ho should "take a good rest" clnir Miller But the "good rest" will be de- J - T Sudbury ferred until a meeting oi the C ab- Inet at the White House and after I Total Marshall has put the finishing ouches to his report to the na- i _. _ tion tonight on the unsuccessful j Fire Destroys 8-Room Italians Face New Strike by Food Workers ROME, Dec. 19. (UP)-A nationwide strike of 300,000 rood industry emplojes appeared certain today •--- .—.. „,, to ,°f?. ln on schedule tomorrow. thc entire Congress must take re- 1 While negotiations in the food ~ !1 f'T lke dragged hopelessly, Sicilian labo work agitation ended in back 10 movements In Catania and Palermo, but spread around rio-- .pvn Caltanissetta, Agrlgento, Messina and Trapanl. The Sicilian situation exploded "•""ircJay in gunfire and mission. In expressing sorrow that he had ' not come home with "profitable i results, Marshall said"I'll discuss various aspects of that tonight on the radio." H e will report to the people ir House in 'Hospital Alley' An eight-room Negro rooming house in the rear or 20: South Tom , ..... Franklin was gutted by fire said -- ' " ttle to have been caused by a small nationwide broadcast at 9 n m ' oil s ' ovc snort 'y before 1 p.m. to- T tonieht. p "ay. a GET tonight Marshall told newsmen that he \ Scvc n Negroes occupied rooms In thought "we had a strong delega- i the «> *y 50-foot frame structure tion at the conference." He said' " it did hard, if unsuccessful, work ' ln and was fully competent After Marshall had been greeted > area popularly known Hospital Alley. The property was owned by Mr. and Mrs. Charles H , there mere cahlne ' members Inverehl >PeI, the Alford of BlythevUle. Alberta Gary and Clara Williams, ihone Drug store B'vllle Soybean Corp •• » 3 R. A. Copcland '.'.'.'.". •• * J. M. Cleveland .. • • 6 . IVT. W. Cannndy •• >'; Joe Carney ' •-, * Francis Damon • • 1 Elsie p. risk • -60 Freeman nnd Henley aroc'." • • •* Frowm Food •• 3 W. O. Querln'jr.".'.' ,77,: Bernard Graham ....','..'.', 24-50 Grimes Oarage .... Grapette Bottling Co C. A. Hunton H. L. Halsell jr. ...'.'.'.'.','.'.'. Harbor's Barber Shop ,'.... Miss Rosa Hardy "' B. R. Jackson Jackson's Auto Parts Tom A. Little Jr " Miss.. Co. Abstract Co. '.'...'.. Miss Co. Lumber Co. '.'.'.'.','. Jno. C. McHaney and Son.. Nunn Provision C. R. Orsburn ",'."" C. R. Penn Penn'.i Grocery W. o. Reeves Marvin Razcr Dr. M. L. Sk«ller ~ B. Woodson . 1 . 1 . JO . I) 100 Final house passage was by » roll call vote of Ml lo 13 ' The President, was expected to sign tilt) measure althouuh It Ml far short or the ]xmw 8 he a.,k«| (or when he called Congress Intn emergency session on Nov. 17. The OOP bill did, however, contain sonic of the minor powers requested by the president and tor this reason he was expected to accept IU Hut It did not B lvo him the standby rationing and wage and price control powers he asked. The measure ,-»« pushed throujli tlie hou» e under « «.„,.•. rule which limited del.ate and barred mnitiulrncnts. The Ilcnuli- llcum presented It on an "all or nothing" bxils. Thc measure, passed by the Senate yesterday, was virtually (he same as that which tho House voted down on Monday. At that tlum thc House acted under procedure requiring a two-thirds miilorllv to pass it. Today only u simple majority was necessary. Tlie bill would authorize voluntary Industry agreements to nllo- SJ..I. ^ nrce Boods, such an steel. With the approval of the attorney general these agreements wnuld be exempt rrom anti-trust prosecution. The administration had wanted compulsory allocation powers Republicans admitted that the measure Answered only In part President Truman's demand for a sweeping 10-polnt program ot an- u-lnlliillon legislation. But, they said it was all they felt could be done now and they promised to take a further look In tlic licxt regular session In Januury. However, they did give Mr. Truman pretty much what, he wanted In the way ot emergency European aid, the other — lor :purr>j6e of the emergency Ion; •• '--«.:^'~, p -.A-' — ,; v .-••.•' -.-'<'Democrats security of Uie United Stntea «B!rasiW .nd uiun th. mitinl Signs Aid Bill * '»" President acknowledged thai the program would mean some self- sacrifice and possibly more Inflationary pressures at home. But h» waned that failure to approve th» «I7,000 000,000 program or trimming 11 would Jeopardli* world peace and the "maintenance of tho civilization in which the American way of life Is rooted", While there l« no guarantee thak the plan will succeed, he »ald. itii cost would be only fl le per cent of the war errort— "small Indeed" at an Investment In peace. Mr. Truman did not mention th« Soviet, Union by name But he mad* It completely clear throughout that the Communists were to blame for the present slate or world affairs, and Hint the multi-billion dollar project was aimed to halt the spread. or that brand of totalitarianism. The President aikeri congress to underwrite the 117,000,000,000 nro- gram beginning April 1, i»u ind continuing to June 30, 1953. He aaked for approval or a »8,»00,000,000, appropriation for th. tint IB month.. Annual requests would bt mad* for th» «ucce«dlnf three yeara. 'I recommend that'our aid ahouM b» extended partly in the form of grams and partly, in the form of £ans,'i-n«:-»idi.-:J«H<j franU should M made. to counlrlee able to na* cash for all ImporU to repay Ioa£' and , occupants of two or the rooms said J Dr. L. H. Moore Bri- the blaze started from a stove In —~,..*. UJ ...in iniiu was i a room In the Northwest cnrnpr greet him. O f thc structure. Its occuoant was After „ few minutes chat. Mar- one of two unidentified^ N^ro men • nil and members or the cabinet I also living there. IS 5 •if, 10 . 10 . 2.50 . 1 . 6 . SO . 3 . 1 . 10 . 10 . 50 . 25 . 15 100 150 ' 30 100 15 . 10 S 15 . 2.50 10 25 ion abroad. Marshall's 18 latest diplomatic mis- flight from London big four- . Thc President, approve! the gen ernl prnciple of makinn the name, public. He said he would give his immediate approval to tile Senate resolution If it were passed by the House. River Commission Post Recommendation Offered WASHINGTON, Dec. ID. (UP) — DeWitt I,. Pyburn, Baton Rouge, La., was recommended to President rrurnan today for a vacancy on the Mississippi River Commission. The recommendation was made by Sen. John H. Overtoil, D., La Fyburn is now head of the Loui- If.i'.a State Department of Public Tcmperature Climbs to 57 With the official beginning ol Winter only Jhrce days away the mercury here took an upward (wins yesterday and reached a high of 57 degrees, highest reading of the past week. However, temperatures returned to their usual sub-freezing levels Buring last night as the mercury dropped to a low of 29 degrees, ac- eordmg to Robert E. Blaylock, of- Iicial weather observer. terday by the Communist-led Federation of Pood Industry Employe.?. Sources close to the government saw the food strike as another phase of Conumist agitation to discredit the new cabinet of Premier Alcide de Gasperi. De Gasperi expected to go before the national a.ssembly today to seek a vole of confidence In his new cabinet. The vote, expected to be favorable, may serve as tactit approval of government action to suppress the Communist winter strike offensive with troops and police." Bomb-Throwing Jews Slay Arab Children JERUSALEM, Dec. 19. (UP)- Palestlne officials announced today ' IMcaM 3nd " VC Kdl '"* b-throwing , - , . , -n -v. no *\j cull- form with the President's plan to meet the plane at the airport. Body of Missco Soldier, Killed in 1944, Re-buried Services for Pvt. William R. Turner of Manila, whose body was returned this week from Fort Pep- perel! Cemetery, Newfoundland, were conducted at the Manila Baptist Church Tuesday by the Rev. | w. H. Horn, pastor. Burial was in Manila Cemetery, following a military service conducted by Manila American Legion Post 197. Pvt. Turner was the first Mississippi County man whose body was returned from overseas for burial in this country. n —i ~ •" irncr, 27, was killed Oct. in an Army air transport plane crash in Newfoundland He served with the Army Ground Fore- He is survived by his mother, Kims when thc identified as Arthur Hull, Andrew Brown and Jeff Walls Only a few of the Negroes' possessions were saved as the entire building was afire within 10 minutes after the alarm was turned In. The Gary woman, who apparently rented the building and sub-let the rooms, operated a soft drink business in one of th« rooms Genera/ Meyers Indicted WASHINGTON, Dec. 19 (UI') — A Federal Oranrt Jury today Indicated retired Mai. Gen. Bennett K. Meyers, former Air Force procurement officer, on charges ol perjury and subornation of perjury. Weather . ; Dumociuts planne'ci to make tin eleventh-hour moyb to shelve Him Senate anti-Inflation bill by committing It to the House BankinK Committee. The move appears to have no chance, A dowK-llte-llnc administration supporter In thc House snld lie thought there was a good chance ' that President Truman would sign the bill, which has as lls keystone a voluntary system of imlustrywisn | allocation of .scarce materials "I.lhlnk Uie bill Is Inadequate fur short ot what Is needed, 11 said Hep. A. S. Mike Monroiicy, ».. Okln, "but I believe thc President, will sign it because It gives him at least a few ol tlic things he asked." I" addition to thc alincatlon program, the bill would extend export ..... _ ^ Senate President Arthur "vanderT- berg affixes 111, &79 million dollar aid bill in v/oshlng then tent to the \ Pi-eitMent IVuman'., nnd InmsporlaUoii controls and provide stop-gap government authority over use of grain by dis- stllleries. Tlic way was paved for House consideration of thc bill nt a hastily called night session of the rules committee. The committee permitted thc measure to come to thc Uoor under a stringent "gag" rule which barred any amendments, restricted debate lo one hour and permitted' only one motion to recommit. Major provisions of thc Debate Delayed On Big Five Veto UN Security Council Shuns Bickering in Year'* Final Session LAKE SUCCESS, N. T., Dec 19 (OP)—The United Nations Security Council formally agreed today [o discuss the Big Five veto Issue next year, but only after Russia served notice it would be "a -waste of time' and the United States advised against rushing Into the conlrover- Sovlot Delegate Andrei Oromyko objected to including the Issue on the council's docket, but delegates voted nine to two to include It Po- votc.'" ltl R " ssltl wcre tllc negative The qinuUan arose as a result of the recent, general «he program ke piaeed new aiemy^the EMnemlo oiwratlon Adminlilr«U»»— wheaa 120,00 s , a-year <«lre«ter wnld ki ™ b l«;*,. «• »»• «reeUoB of th. ,,7 r ^ rT . of . Sl *<* °° «"«ttn«- l*nl t a poilty. ~ " em«iVM He propc«ecl to Mt th.t ficipltt^cou their own, Ukn -iiJttivldtll cooperative wfiont to accomnH* genuine recovery" ' vT Becaus* of Its length, Mr. -Human aid not present his mes«a«« to Congress Jn person. With the emir- pncy senslon of Congrw. «hedutod to »<JJourn, tonight; Ithe President asked the lawmaker.^ give priority to the program as ;«oon as they M. turn to work after /(ii« holidays In blunt and challenging tenui Mr. Truman said tht^ long rang. vM vded r " over y Program pro- he only assur»nce of the cqn- cqn- tinued Independency and Integrity ot a group of nation* -who coniU- tute -wh bulwark tor the "The economic pllghk In whlcb Europe now finds Itself has intended n political struggle between those who wish to remain free mm lying under the rule ot law TnS .hose who would ii« economic di»- ress as a pretex for the establlsh- The next few years can deter- 2. Permit the President. If he finds sonic form of mandatory rationing powers necessary, to pre- ecnt a specific program to Congress and to require the Joint congressional economic committee to study the program and report legislative recommendations within 15 days. 3 ' Exlcnd for another year exist- ng . cx P° ri .""<'. transportation con- ARKANSAS — Pair and a 1 warmer tonight - Saturday nartiv ',"*, " tJon """ '""Wto'lon e cloudy with a few "Sowers In""- , ^ !' ow d " c to «l>lro Feb. 20. I Northwest portion. powers, but American officials were understood lo feel that Russia might eventually join ,„ a prlvnte « l mcnt to limit the veto's use if pressure Is applied both by tlie "Little umTdrU Sccllrlt J' hoplng to wlnd Officers Here Seek Revocation Of License for Drunken Driving Two men were fined »35 and co«ts each in Municipal Court this morning charges they driving while under the i . . ,-"° "-";> on a group I Mrs. Nannie Turner ncaf sVri 1 he Vi " age °' Knlsas brothers, Earl ' near feafacl. -n _• *.. .. 1 al'- the were wounded in °n to the 10 killed by the "-es. an official statement on lisas attack satd. broke the lull in Palestine violence since the United Nations voted for partitioning three weelu ago tomorrow. all of Manila. Howard Undertaking Co. of Manila was In charge. Soybeans Men. open high ..392 395 low close 3M 394 Influence of Intoxicating liquor and one faces revocation of his drivers license. They are C. B. Corrcll of Holland, Mo., and Henry Arnold or near B!y- thevlllc. Arnold Is said to race certain revocation of his drivers )I- ccnse ror one year by State Revenue Commissioner Olho Cook or Little Rock through a legal procedure being brought Into use here to curb extreme and flagrant cases of drunk driving as well as previous oltenA- ~s. City Attorney Percy A. Wrlglil today provided city police with Rev.,,! ,,. 1 forms It mandatory for the Revenue Commissioner to revoke the operators 4. Authorize the administration to restrict or shut olf grain supplies to liquor distillers until Feb. 5. Permit the Agriculture Department to spend up to $1,000,000 on a voluntary food conservation program. 6. Grant administration power lo seek voluntnr yngrcciuenls to regulate speculation on thc exchanges. This procedure will be followed in , For '48, Bureau Reoorts JTaS C vlolaUnn"""*/" , M ^' ' WASHINGTON, Dec wfTupf = Mr. Wright explained that violations ol thc drunken driving law had fn some cases become "so flagrant" that he deemed it advisable to bring this procedure Into use here. While this revocation procedure has been authorized In Arkansas since 1930, It now races ex- tcastve use in Blythcvllle ror the first time, Mr. Wright also pointed out tint use of this procedure docs not alter n loK.' "P U 1947 business at today's meeting without any major controversy, also took up the Issue ot Indonesia, particularly with respect to Australia's ' », UN ' S in i r {'" lon ' :sl '' n dl «P»te arter the end of this year. Australia, a mcm- ™Lm thc . cou » cl '^ three-nation committee of good offices now try- New York Stocks A T and T P.m. Slocks . , wnlcl1 ' lhe authority of the ;^ IKS, al here -n 10 years. Thc reduced pig output, result- Ing from the short 1947 corn crop, will mean less pork choixs and b.v- ! n B n con next Fall and Winter. j Q™ Thc Spring pig crop was estl- I w v mated at 48,000.000 head. Tilts IsJrnt 2,000,000 below thc goal suggested ' Amer Tobacco Anaconda Copper Beth steel ... ." ™"fc rlc 4,200,000 below this year's production. The department said the Spring crop would be nine n?r rci\i smaller than this year's total Spring :nt and Republic Steel spring Radio Socoivy Vacuum Studcbakcr Standard of N J Texas Corp crop, and 12 per cent smaller In thc Packard" *° r " b " 1 * 'Us steel .... 150 1-2 .... 673-4 .... 313-8 .... 101 3-3 ....63 ... 181 ..; 34 3-8 ... 567-8 ... 14 1-2 ... 87 3-4 ... 87-8 ... 26 1-2 ... 16 1-2 ... 20 1-4 ... 17 ... 59 1-2 ... 45-8 ... 17 despair— the philosophy whfch eonlend, that their basic wanta can be met only by the surrender of their basic rights to totalitarian eonb-oL "Such a turn of events would constitute a shattering blow to the peace of the world. It might well compel us to modify our own economic system and to forego! for the sake of our own security, the enjoyment of our freedoms and privileges." Mr. Truman blanketed Western Germany under the recovery ' program because of the vital importance or German resources to general European reconstruction. He emphasized, however, that "every presaution" would be taken to prevent a resurgence of German military power. The President 'said the aid program and the entire realm of Amtr- Ican roretgn policy are "in 'complete harmony" with the world peace objectives of the United Nations. With ••j.Hitaftr «U«I referent. U Russla'i .<*•**» U defeat the European aid frefiMa and \mtr- c»n *l*xi:ra In euryiitr « «rt, Mr. Triiman «aMi: -attempt* k» • ny nation t* ftttM.fr ntwlace S«e MESSAGE 'en Page U • New York Cotton Mar. May ,ruly Oct. Deo. ,open high low I:M 35» S5«8 «37 MM 352* 3w» 3511 KM,. MIS XB MCI lag. 1 3121 3144 JUS 31J3 MW Mi MM tint

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