The Courier News from Blytheville, Arkansas on December 22, 1947 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

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Monday, December 22, 1947
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feLYTHEVILLE COURIER NEWS' THE DOMINANT NEWSPAPER «» Nriuitnr* SIT IDUAUCKB ..,r-, „„.,„........_ „„„ '"^ * -^~™' F • IVi — ^ VOL. XLIV—HO. 828 Blytherllle Courier Daily New* THE DOMINANT NEWSPAPER OF NORTHEAST ARKANSAS AND 8OUTJUCABX MISSOURI Mississippi Valley Leadei Blytheville Herald BLYTHEVILLE, ARKANSAS, MONDAY, DECEMBER K, 194T EIGHTEEN PAGES Doors Left Open ¥ For Russians to Work With Big 3 There Will Be No Barriers to Peace, Britain's Bevin Says LONDON, Dec 22. (UP)—Foreign Secretary Ernest Bevin said today thaat "the door Is still open" for Russian cooperation In the reconstruction of Europe. If Soviet cooperation Is not forthcoming, Bevin said In a speech to the Association of American Correspondents in London, "there must be no barrier in building the peace." Bevin welcomed President Truman'* message to Congress on the Marshall plan, and pledged British cooperation in the task of European rehabilitation. WHOLI ooraa NLRB Announces Rice-Slix Ruling Company With Plant Here Held Unfair to Organized Labor Jack Thro, manager of the Rice- Slix garment factory here, said today that he did not know whether officials of the manufacturing firm which has headquarters In St. Louis, will appeal a decision of National Labor Relations Board In Washington which held the plant here had followed practices unfair to organized labor. The NLRB decision was announced over the week-end In Washington but Mr. Thro said no official Information had been received here, and that he did not know If St. Louis officials of the company had received an official report. NLRB Trial Examiner Max M. Goldman released the Washington report Saturday saying he had found that Rlce-Stlx had engaged In unfair labor practices and recommending that the firm take positive action other attempt would be made to to remedy the effect of such practl- Clay to Try for Harmony BERLIN, Dec. 22. (UP>—Qen. Lucius D. Clay laid today that an- aolve Ihe major German problems on a four-power basis before any steps were taken to establish a full scale Anglo-American zonal administration. The American military governor |ave qualified approval to a statement earlier In the day by Sir Brian Robertson, British military governor, that the Western powers would "take no Irrevocable step" which would rule out any future agree. dents with the Russians. No such step Is contemplated at present, Clay said. Clay said no decision had been made to complete the two-zone economic fusion with a • political merger. But he added that he always had- held that "economic fusion without political fusion cannot be auccessful." Months must elapse. Clay said, before any decision on political merger could be made. He implied that much would depend on the outcome at his efforts to solve major problems on a four-power basis. Aside from steps to strengthen the existing economic fusion,"nothing along political lines has been discussed with the British.' Clay •aid. To Discuss Currency Reform , Among the problems he expected to take up at the four-power level were currency reform, regarded by the Americans as imperative to a "'"e.-excjyuige^ot good* acrtut u>* t ~ v , •3Lr<, Mr. Goldman was trial examiner at the hearing here which lasted from early November, 1946, until mid-January of this year. The hearing Involved charges by the Amalag- mated Clothing Workers of America (CIO) that the garment factory had Interferred with the rights of its employes to organize and join this union and to bargain collectively through representatives of their choosing. The CIO group also charged that Ihe firm discharged three employes because of their union activities. No Company Decision Reached Mr. Thro said this morning that this report was still unofficial from the firm's standpoint because the report has not been received here. "All I know about It is what I read In the papers," lie said. Marshall Returns from Conference Even when the '* ' Rice-Stix firm :port, Mr. Thro company officials In St. Louis, where th factory's home office Is located. "I don't know whether the decisions will be appealed or complied with," Mr. Thro said. This will oe up to the St. Louis officials, he pointed out. In his report, Mr. Goldman recommended: 1. That th« firm desist from discouraging employe memberslilp In — .t&C&Vag Wojjw less thevOerman peo'ple expressed a desire for It. He added that that stand might be changed If the Rus-' «ians set up a government In their occupation zone. Denying that he had any plans to get out.of Berlin, clay said he was surprised to have read somewhere that such a plan existed. He said he did not consider It likely that the Russians would raise the question of the American presence In Berlin. But he added: "Any one of the four powers can decide that it is no longer bound by the agreements for the four-power arrangement In Berlin. This would Le a very serious step." Arabs, Jews In New Clash Outside Jaffa JERUSALEM, Dec. 22. (U.P.) — At least three Arabs were killed during a clash with Jews outside Jaffa today in a renewal of violence which left 17 dead over the weekend. The battle flared outside the Arab village of Yagour, where two Jews were stabbed to death and their truck bured yesterday, jews i retaliated by firing into Yagour, t killing on Arab and wounding two others. Arab snipers returned the attack this morning, firing on Jewish trucks from Irrigation ditches In orange groves. The armed escort accompanying the truck convoy returned the fire, killing at least three Arabs. Arab sources said also that the Hagana militia had made a retaliatory attack against the village of Shafaal, near Mount Scorpus, but this could not be confirmed The new clashes, coming In the wake pf weekend violence that took five lives Saturday and U yesterday, dashed hopes that Christmas week might bring a lull In the Arab-Jewish fighting as requested by Hagana in a new appeal to Arabs for peace. Three of those who fell in weekend fighting were Britons. Two, a British lieutenant and a sergeant major, were shot down on King George Avenue In downtown Jeru- »alcm. The third, Robert Stern, a British Jew and former public Information officer for the Palestine government, was riddled with bullets as he walked through the streets of Talbleth quarter. demed re-employment because of their sentiment concerning the union be re-employed without loss of seniority and paid wages which normally would have been earned during the period they were witn- out employment, '23 Claimed "lock Out" 3. That 23 union supporters locked out of the plant Dec. 10, 1943, by an anti-union group of employes, be paid for any loss they may have suffered. The charges, which were aired in a hearing that began Nov. 6, 1946, and lasted until about Jan. n, 1947] grew out of activities that started in November, 1943 and came to a head in August, 1944, with a scheduled employe election to determine whether the workers would become affiliated with the CIO union. This election was cancelled by the union on the voting day set and never was held. The firm was charged with having interferred with holding of this election. Trial Examiner Goldman and the NI.RB studied the testimony and briefs filed In the case since the end of the hearing here in January. ^*y»w. Wm. Robbins Dies; ^Funeral Rites Conducted Funeral. Services were conducted for Mrs. Maggie Jane Robbins, who died at her home In Lone Oak yesterday, at 2 o'clock this afternoon at Cobb Funeral Hcme chapel. The Rev. M. R: Griffin, paslor of the Dell Baptist Church officiated and burial was In Dagwood Cemetery. She Is survived by her husband Wiliam Robbins: two sons, Earl Robbins of Blylhevilie and Jack Robbins, of Hay, Ark; »nd one daughter, Gcldl* B*U. Supreme Court- To Decide Steel Firm Purchase WASHINGTON, Dec. 22. (Up) _ The Supreme Court today agreed lo decide whether U. S. Steel's proposed purchase of Consolidated Steel Corp. for 58,000,000 violates the anti-trust laws. The court granted the justice department a hearing on Its appeal from a ruling by a federal district court judge at Wilmington, Del, dismissing a government anti-trust complaint, The government appealed directly to the supreme court. Consolidated owns six fabricating steel plants in California, one in icxas and one in Arizona. It Is the largest West Coast consumer of U. s. steel's rolled steel products. Benjamin Fairless. president of U. S. Steel, testified at the Delaware trial lhal the sole object in buying the consolidated properties was to provide an outlet for the steel production of the big steel plant at Geneva, Utah. U. S. Steel built the Geneva plant under government contract during the war and bought It from the government as a surplus property plant earlier this year. The government complaint, charging violation of the Sherman Act, said the proposed purchase of Consolidated by U. S. Steel would eliminate substantial competition in Ihe sale of both fabricated and rolled sltel products in the West. Consolidated's marRet Includes 11 states, Arizona, California. Idaho, Louisiana, Monlana, Nebraska, New Mexico, Oregon, Texas, Utah and Washington. Weather ARKANSAS — Fair tonight and Tuetday— eooler Returning home from the London foreign Minister's conference, Secretary of State George Marshall, right was met with a firm hand clasp from President Truman, who assured him he hart done The full Presidenllal cabinet was also on hand J. A. Krug. —(NBA Telephoto.) good Job" lo greet Marshall. At center is Secretary of the Interior Merchants Plan One-Day Holiday Some Stores Change Hours to Accomodare Last-Minute Shoppers Blylhcville's retail merchants will take one day vacation during the Christmas holidays it ' was announced today by Murray shart president of the Blytheville Retail Merchants Association. All stores in the Blytheville district will close at their regular hour Christinas Eve and will reopen for business Friday morning. Mr. Smart said. Most Blytheville stores have indicated that they will remain open until approximately g . o'clock each night beginning tonight through Eve to accommodate shoppers, theville banks and the Winter Season Arrives Officially Under Blanket Of Dense Fog, Not Frost Winter rolled Inlc Blylhevilie today on a carpel of fog. In the early hours of this morn- Ing, just after midnight when the seasons officially changed, old Man winter appeared to have sneaked in from the California coast and brought with him a sample of San Francisco weather But despite (lie fog-shrouded highways and a low of 30 degrees last night, no serious accidents were reported here today by law enforcement agencies. Motorists reported that driving was extremely difficult on the recently resurfaced asphalt pavement on U. S. Highway 01 In sharp contrast to the concrete paving where a center line In the pavement served as an aid to keep cart on the right side of the highway. After R mild high of 60 degrees night was 32 v 'c7ei DiT' : only. However. Ross'ci'cr observer' Stevens, postmaster, stated that 1 °°seiver,, gift parcels will be delivered Christinas morning but no letters will be delivered on that day. The local office of the Arkansas Revenue Department, located in the City Hall, will close at the end of the regular business day Wednesday and will remain closed until Monday morning. However other offices in the City Hall, including the clerk's office, Chamber of Commerce, and the Blytheville Y will be closed Christmas Day only. All offices in the Court House here will close Tuesday evening and will, not re-open until Monday morning. Youngsters Give Fruit for Needy Theater Admissions Paid With Gifts for The Underprivileged . ' .Inning- at 9 a. m . tomorrow, tl llytlicville Junior Chamber of C .ncrce and Klwanls club will launch their annual Joint move to see that underprivileged children o( thts city share with more fortunate youngsters In having a Christmas that i« as merry as these two civic groups can make it for them. For tomorrow these less fortun- aUi youngsters will receive toy*, fruit, candy and nuts at the •li- nns] Jaycee-Kiwanls Christinas party at the Jaycec club roon Truman to Make New Effort to Throttle Prices President Expected To Approve GOP Bill, And Continue Fight Itf Dayton Moor* (united press staff Correspondent) WASHINGTON, Deo. 'lr2-_<UP> — A source clone to the White House s»ld today Hint President Truman ha» Just bt'gun his fight for price control and rationing powers to combat the high cost of living. This source «ald Mr. Tuuunn would renew hLi offensive when he signs the null-Inflation bill which Kopulillcmi.s pushed through (he emergency sraslon of Congresj as a subsllliitc for his 10-polnl pio~ gram, Mr. Trumnn, it was said, will sign the bill with reluctance and Is exacted to make clear why he feels it la Inadequate. Tin; administration's present strategy culls for President Truman to (ir c another round during Iho first, week of the regular ronsrcn- stoiml session beginning Jan. 6 He is expected lo bear down on ii in nil economic message, too and perhaps in the message on the slate of the union as well. Administration stalwarts conceded that they don't expect President Truman's efforts to swing over enough. Republicans to secure Congressional approval of his program. Bui they said he thus would make clear he is nok rclrcntlng from his position that standby rationing and waBc-prlce controls nre necessary to curb inflation. They said these mnisngon nlso would Ix; opportunities for Mr. Truman to answer charges by Sen. Robert A. Tnft, R., o., and other Republicans that, he In not making a wholehearted try to whip Inflation with his present powers. Mar Slg-n Bill Todaj Mr. Trumnn was expected lo sign the Republican-sponsored anti- inflation legislation soon, maybe today. It will extend export and transportation controls, permit Industry aureement to allocate scarce Industrial materials und «utlio:|M th e government to curtail or stop us* of grain by distilleries until Feb. 1. The last provision wus likely^lo be put into effect Immediately lo voluntary; agreement Anderson Names 711 Big Buyers Of Commodities Court Affirms Death Sentence Carroll County Man Muit Pay With Life For Brutal Grim* LITTLE HOOK, (UP-In lUl lust Ark., Dec. 2J_ session before Goodfellows Must Respond To Meet Goal Italian Food Workers End Their Strike Contributions totaling $25 received this morning through solicitations boosted the Goodfellow Fund Drive to $532.50, slightly more than S250 short of its $800 gial, It was announced at noon today by Rosco Crafton, publicity dlrei-tor for the drive. Mr. Crafton reminded the citizens of BJytlievillc that only one more day remains In which to make their contributions to the drive for funds to purchase Christmas' baskets for 200 needy families of Blythcvilic. I Distribution of the baskets will oc ! made Wednesday. Mr. Cralton sn'.tl. i Today's list of contributors In- nppioprlale background o'f a fully- uYcoruled Christmas tree and other Yuletide decorations. The toys these youngsters will be given were donated by Blytheville residents and, where necessary, were repaired and rcdncor- aled by members of the Future Farmers of America In their workshop In the Vocational Agriculture building on the high school campus. Donations of fruit which will go lo the children tomorrow poured In this morning at the nil?. Theater, where a benefit movie was seen by approximately TOO more fortunate youngsters who paid their admission with these gifts Shortly after lo a/clock this morning, when the two-hour scries ol animated cartoons began. 20 100- pound sacks filled with oranges and apples were counted In the Rilz lobby. ROME. Dec. 22. (U.P.)—A nation- elude: wide strike of 3000,000 food workers' Rlcii&rd Jieclel ended today and the biggest of ; B. B. Goodman scattered general strikes was set-IBill Crawford tied in Sicily, where 15 persons] Mosc Simon were wounded in a gun battle last' The new flureup of violence oc- j ^-j^-j-j-™^.^. curred near Palermo at the vll-' Sunday Beer Sales Brinq J Fine of $50 tin 5 cafe who fired on returned L Christmas Fre Mass VATICAN CITY, Dec. 22. (UP)— place In Treviso and Vatican authorities announced of- Police guarding the the demonstrators, the fire. Riots took N "!? cs ' . . , i licinlly today that Pope Pius XII ine food strike was called off: will not deliver the usual ponlificlal last night when agreement was midnight mass on Christmas Eve reached on dismissal pay, seniority; because of "diplomatic reasons" and holiday vacations. I Papal concillors recommended The settlement guaranteed Italy that " food supply for Christmas week Pietro Nenni. leftwing Socialist leader and Communisrt collator- [ would ator, threatened to set up a separate government of leftist organizations if Premier De dasperi's Rightist Christian Democratic Party wins in the spring elections. New violence broke out in Treviso, where police fought for six hours against a crowd of several hundred demonstrators who gathered to demand work for (he unemployed and then attacked rightist buildings with stones. The crowd finally was broken up with tear gas by police reinforcements Two civilians and two police were Injured in an exchange of gunfire between demonstrators and security agents at Naples. Osceofo Truck Driver Waives Hearing in Court R«y Scott of osceola waived prclimlnary hearing in Court Ihls morning on Municipal charges of embezzlement and was ordered held to await action of Circuit Court. Bond was *ct at $1,000. Scott, driver of a trucking concern operated by W. W. Watson Jr., ol Osceola, is alleged to have spent for other than designated funds placed in his care by his employer. He was arrested In Iowa and returned here by Deputy •fieritt DM* Your* et Ototola . because of the unusually large number ol requests to attend. The pontiff have been required personally to give communion to a least 400 persons. Agriculture Ii Industry In the the largest single United States. Joseph 350 and Martin, Negro, was fined casts In Municipal Court this morning on a charge of selling beer on Sunday. Fourteen persons were assessed a total ol $353.50 in fines or forfeited bonds on charges of public drunkenness In court this morning Three persons arrested by county officers wer e fined $10 and costs ench and three others forfeited bonds of $31.35. Four persons arrested by city officers forfeited bonds of $2025 three were fined $10 and costs and another was fined $15 and costs. Soybeans (Prices f.o.b. Chicago) open high Mch 400 401 May low 305 close 400 397A Truman Education Committee Asks $135,000,000 for Scholarships WASHINGTON. Dec. X. (UP) — President, Truman's Commission on Higher Education recommends lhat the federal government spend »135,000,000 during the 1948-49 school year for scholarships to needy college students . The commission said Ihis expenditure would be a "starting point" in its sweeping program lor equalization of education opportunities throughout the country for deserving students. Spelling out some of the suggestions for educat1cin.il Improvement made In its first report a week ago, Ihe commission said Ihe GI bill of rights fhould be supplemented by aid lo deserving non-veterans, '•Equal educational opporlunity for all persons lo Ihc maximum of their individual abilities and with- cul regard to economic slalus, race, creed, color, sex, national origin | or ancesUy to a major goal ol American democracy." the 30-member commission said. For the next (1MS-4S) school year, the commission called for S120.000.000 in scholarships or grant-vln-ald to some 300.000 students. In addition, it proposed $15,000,000 for fellowships for graduate study for 10.000 students. The commission was appointed by the President last July. He asked it to "re-examine our system of higher education in terms of Its objectives, methods and facilities; and in the light of the social role it has to play." In the Soulhern stales ,the commission urged an Immediate effort to bring Negro schools up to a level that will more nearly comply with the theory of "separate but eo.ua!" facilities. It said the long- range goal must te repeal of M- gregatiom lawi. provision which Includes exemption from anil-trust law». Meanwhile, House speaker Joseph W. Martin, Jr.. said lhat Congress probably will lake additional steps to bring the cost of living under control when it returns In regular session next month. These appear almost certain to Include extension of rent control, now slated to die Feb. 39. Meyers Freed On Bond; Trial Is Jan. 7 NEW YORK, Dec. 23. (UP)—Mil). Gen. Bennett E. Meyers, retired, wns released on $2,000 ball today and ordered to appear in Washington on Jan. 7 when arraigned on three counls of perjury and subornation of perjury growing out of the recent Senate investigation of his awarding wartime aviation contracts. Meyers, Indicted by a District of Columbia grand Jury for alleged perjury In Ins testimony before the Senate War Investigating Committee mid for allegedly inducing Bleriol II Lamarre of Day ton, O.. to Rive fnlsc testimony, was arraigned before a U. S. commissioner In Brooklyn. Lamarre, who first leslificd that Meyers hud nothing to do with the* Avintion Electric Corp., which handkd Air Force subcontracts, later changed his testimony before the Senate committee and said Meyers was the real owner of the firm. Lamnrre, who snid he was'ouly the "dummy" president of Ihc corporation and kicked back a large portion ol his salary to Meyers, was lo be arraigned on perjury charges today in Dayton. Meyers, who was a procurement officer at Wright Field for the Air Force during the war, made no formal pica today. He waived a hearing and will make his plea when he appears In Federal Court In Washington two weeks from tomorrow. OhiLstma.i, the Arkansas Supreme Court today upheld a rteatti sentence Imiwsert upon 28-year-old James HnroM Hyde by a Carroll Circuit Court Jury. He wn» sentenced lo th« elcclrlo chair for the murder of l-Yank SliniMon, (he father of hi» «wecl- hcart, "We found no evidence which would warrant a reversal of the verdict." Associate Justice Prank O. Smith wrote. Commentlin on the nhootlni; »nd brutal beating of Simpson, Justice Smith said, "the testimony showed a killing so deliberate and brutal that no defense except insanity was available." Hospital and other medical »u Ihorltles lounrt Hyde was abnormal and psychopathic but riot Insane. Hyde shot Simpson in a drunken rage afler fighting with his swcst- hearl. Margaret Simpson. Testimony showed that she had escaped from him and was hiding in a closet In her home. In hlg search for the girl, Hyde said that he woulld kill anyone who attempted lo Interfere. When Simpson broke Into the argument, "Hyde "hot him and beat his head Into > pulp with in Iron bar," Justlca Smith laid. Tlie high court held that affidavits from Jurors were not.ad- missible ns arguments for a new trial. Hyde's atlorneya h»d gotten affidavits In which some of th» Jurora said they would have voted for » llf c sentence had Hyde'» attorney been present and able to protest certain state argument!. To Fix ExecutlM D«tc ' L pov. Ben Limey wlll : let a d»te the execution. •Tn another criminal case, the * «ourt Vipheld a Jetterion lunty Jury in sentencing Albert Wllkerson and his brother. Willie Wilkerson, Negroes, for the fatal 'shooting lust Feb. » of Deputy Sheriff George cletus Bryant and C. W WInsUwn. • Albert Wllkerson admittedly fired the shots and was convicted of second degree murder. He faces a 2I-ycat sentence, Willie was in the car at the time of the shooting and was sentenced to two yean u an acces.iory. The white men were shot wh»n (hey halted the Negroes on the Cornerstone-Althclmer highway In Jefferson County to question them about speeding. The high court affirmed Madison Circuit Court and ordered County Judge Howard Hankin to begin hearings on an election contest filed by John R. Dotson, Jr. Dot-son filed the contest last May 5, contending that he was the rightful winner In the Madison county sheriff's contest against Berry Dcnuey. The supreme court ordered tht county judge to proceed with » hearing and ruled that the contest was properly filed within six months afler Ihe November, 1946, election. The opinion said thai a UM7 law setting a 20-day limit on th« filing ol an tloction contest would not apply to Dotson's claim. WASHINGTON, Deo. »-(TJP) — aecreUry of Agriculture Clinton P. Anderson today released a H<4 of 711 lirn-Kal* commodity trad- * T^S ""* ta th » m » rk « t on OeV . 1M6, and Oct. 31, 1M7. It ihowed that Bd win W now special assistant to Army Kenneth O. Royal], held 3000,000 bushel* of oat future l<« Oct. 31 thl« year and 300,000 pound* of oottorueert oU fututsa on that Pauley also held 240,000 butfieli of oats on 'Oct. 31, 1M4. T"™ The. list included only the bl* traders who „, required by !»» to make daily report* to coinodlty exchange authority on their hold- ngs. it named all those -who were Wg traders In wheat, cotton and M other comnioditlei on Oct 31 1847. It named big trade „ In wheat.' . Anderson said: "I'm «ir» then» Stalin Has Birthday LONDON. Dec. 22. (U.P.)—Rus- sian newspapers Ignored the news of Generalissimo Josef Stalin's 68th birthday Sunday, dispatches from Moscow said today, but radio Moscow said Stalin's picture was featured In Pravda In connection with the Soviet elections. However, at the request of Stalin himself, all papers Ignored his birthday In their Sunday editions Cholera Sweeps Syria DAMASCUS, Syria, Dec. 22. (UP) —Southern Syria, including the capital, Damascus, was declared * cholera epidemic area today us the death loll of cholera c*i« roe* to 1 1M IB two Mrs. John F. McArthur Dies at Home In Steel* Funeral services were conducted at 3 p.m. yesterday in the Steele Methodist Church for Mrs. Maude Shelton McArthur. mother of Mrs. Ben White of Blylhevllle, who died Friday morning at the family home near Steele. The Rev. Marvin Niblack officiated and burial followed at Mount Zlon Cemelery in Steele. Mrs. McArlhur, widow of John Franklin McArlhur. was born Aug. S, 1869 In Oblon County, Tenn., and had been a resident of Steele since her marriage in 1889. She was active In church circles until stricken with Illness four months ago. She is survived by three other daughters. Mrs. A. A. Kclley of Memphis, Miss Vcra MnArthur of Steele, and Mrs. Oliver M. Skalbeck of Cape Olrardeau, Mo., eight grandchildren and seven great grandchildren. Pallbearers were J. E. Taylor, T. W. Coleman, Marlon Barrow and J. E, Haze!, all of Csruthersville, T. A. Haggard of Steele and Roy Harper of St. Louis. LuForge Undertaking Company of Caruthersvllle wa« In charge. are no government employes on th« list except Mr. Pauley." A Hriex of llnte eoreHrif tmaN trader*— expected to ran a> U«h aa 1J.WO or U,«M nanea-^rtlt be iMHed later In anawer U Cont-rm 1 action ordering Andcr- xm (o turn the 1UU over ta ; coaireulanal eommlHeea and (xrmtlUnc him to make .them public, Ahderion »ent today'* tut* to Sen. style* Bridges, chairman of the Senate Appropriation! Committee, with an accompanying letter In which he said: "It !• expected that all of' th*' • basic material you may require wil be In your hand* when Congress reconvenes In January." The IIst.1 were broken down as to "speculative and spreading" and 'hedging" accounts. Pauley'* account wa, listed a* "apeculatlv* and spreading." J. M 1 . Mehl. chief of the ooramod- Ity Exchang* Authority, tald the ' 1948 list was "compirltlvely miall" because speculators were not to aullve then He; Mid speculation since had Increaaed rapidly. Anderson said the remainloe nimei would be released ptece- meal over a period of da'yrto enable the puhlto to aoruUnla* them carefully. . ,'. ' •';.'•" •; He emphasized the U»ta MlaaaedA/ today !ndrxt*l ccir the nan* o? big ' trader* who ar* requlnd br law to report when their holdrni» ••' • any on*^ market on any oat' Jutur* exceed* > certain r. limit. ' ' Thl* lltjnit if 300,000 biuhelt e< any grain,. 5.000, : bales of cotton, U5.000 pound* of wool topi, • X carload* of .butter, egg* or potatoea, 300,000 pounds o{ cottoruoed oil, 250,000 pounds of lard, 1,000 ton* of mill feeds and 1,000 ton* of cottonseed meal. ''.... Any trader who exceed* th* limit In any one commodity muat report all of hi* holding* eaoU day. SPECULATION INCREASES The Oct. 31, 19*7, list carried Uu names of 46 1 trader*! Some at these were listed more than one* Mchl said that of these, 261 wer« classified u "hedgers" and 311 "speculator* and ipreaderi." The Oct. 31, 1946. list showed » Iraders, some being turned mon than once on holding* of different commodities, Mehl said 154 ol these were hedgers and 66 wen speculator* and spreaders. He said the difference* in thi li<U showed the Increase In apeeu- latlon In. the put year. Anderson handed out th* llsti amid a whir of newsreel came raj and popping of photographers' flashbulb*. The ll«t was handed out In the normally-quiet agricul. ture pressroom which wa* packee 1 with newsmen. Meanwhile, Senate investigator] reminded Pauley by letter thai they want .records of hi* grals dealings "without further delay. 1 * Pauley was ordered by the Senate Appropriations committee to hand over the books n d»y* ago. Reportedly, he has left town for th« holidays. Committee Chairman Bridget said the names of big-time gral« operators were "just one phase ol what we're after." He said Anderson had offered a list of big traders to the committee last week, bul that the committee also wanted names of traders will lesser hold- Ings. Mehl said the list of big trader! had been given priority becausi "we wanted to get something out this we«k." Indianan, Former Minister To Paraguay, Succumbs INDIANAPOLIS, DC. 23 (UP)— Indiana mourned today the death of Meredith Nicholson, former U. S. minister to Paraguay and Nicaragua and last of the authors :ol the golden era of Hoosler literature. Nicholson died yesterday In a hospital where he was taken two weeks ago. He suffered diabetis and bronchial pneumonia. He was K lut DM. •. New York Stocks J P. M. STOCKS AT&T , ISO S-S Amer Tobacco ....; 67 1-2 Anaconda Copper 343-4 Beth Steel Chrysler Coca-Cola Gen Electric Gen Motors Montgomery Ward N Y Central Int Harvester North Am Aviation Republic Steel Radio Socony Vacuum ,.. Studebaker Standard of N J ..,, Packard . U S Steel 104 1-4 64 183 1-3 34 1-2 57 3-4 56 14 3-* 87 1-3 9 S7 3-8 83-4 n si' 1-4 7» ' 5 1-g" 78 3-8 New York Cotton Mar. M»y , July , Oct. , open . 3S75 . 35*5 . 3440 . 3150 high 35(7 low 1:30 3647 35i3 ' 3527 341S I1M 1125 312* ..,.11

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