The Courier News from Blytheville, Arkansas on January 9, 1948 · Page 1
Get access to this page with a Free Trial

The Courier News from Blytheville, Arkansas · Page 1

Blytheville, Arkansas
Issue Date:
Friday, January 9, 1948
Page 1
Start Free Trial

BLYTHEVILLE COURIER NEWS I'll R IIOM I N A NIT W VYX7.UU A Uk 1 D f\K> li)sxl_><1<UIPA C'l' *[i£-kjii<**n...m>-, n . ...... -, . . . " ' ^^^^r THE DOMINANT NEWSPAPER OF NORTHEAST ARKANSAS AND SOUTHEAST MISSOURI VOL. XLIV—NO. Z4S Blytheville Courier BlythevUle Daily New* Mississippi Valley Leader BlythevUle Herald BLYTHEV1LLB, ARKANSAS, KIUUAY, JANUARY 8, 1948 T1CN P. SINGLB COPIES FTVH CENTS Self-Help Proviso *May Be Requisite For Aid to Europe WASHINGTON, Jan. 9. (U.P.) Chairmnn Artluir H. Vandenberg of the Semite Foreign Relations Committee asked the administration today to serve notice on Western Europe that long-range American aid is contingent on Europe's own "delivery of self-help." Expressing dissatisfaction with administration proposals requiring Europe to "help herself," Vandenberg said that the recovery program legislation should include a 'categorical statement" that continuation of U. S. aid is dependent on Europe's own efforts. His remarks were directed at* . I-owis W. Douglas, U. S. ambassador to Britain, who told Hie Foreign Relations Committee tliat Congress faced a choice between the Marshall plan and "tyranny In Europe" which would require "an armed camp at home." Sen. Tom Connally of Texas, ranking Democrat on the committee, likewise expressed concern regarding the role the 16 recipient nations must piny in' the recovery effort. Referring to to administration warnings that U. S. aid must not abridge th c sovereignty of recipient nations, Connally acidly declared: FBI Agents Break Secret Palestine Arms Ring But Continue Search for Trucks Hauling TNT FREE HOLD, N. ,,., Jan. 9.— (U.P.)— Two trucks, each carrying enough illegal ex- losu-es to level a city, were sought by ixilice of eight states today, nflei- a secret Pale's- ine arms ring was broken with seizure of nine men and 120,965 pounds of explosives FIJI agents captured eight of the men and 71,900 jwumts of explosives—described y army authorities as cyclamile, 6>/i limes more powerful than TNT—at a lonely New crsey farm. A truck and driver with 49,005 iwunds more of cyclamile were sci'/.od in "They 'European nations) can't simply sit on a feather bed and sa y you do it, Mr. United States!" Douglas Submits Facts f Douglas submitted a "facts and figures 1 ' review supporting secretary of State Oeorge C. Marshall's request for an initial 56,800.000,000 grant for th e plan. "This country will be turned Into an armed camp, a society relatively Isolated and alone with a variety of regulations, and controls Incompatible" a free economy If Europe falls, he said. Douglas used six-foot, multi-colored charts to 'emphasize Western Europe's Importance to this nation's welfare in terms of' world trade, industrial and farm production and poulation. ' '.. He strongly urged the Congress provide tine financial assistance necessary to maintain a healthy economy among the non-Communist nations of Western Europe. Tile Bank Robbers Get $130,000 New Orleans Scene Of Bold Haul After Porter is Slugged NEW ORLEANS. Jan. 9. (UP) —Pour bandits forced their way into a mid-city branch bank today and smoothly and expcrtlj stole what officials said might amount to $100.000. The bandit foursome operated swiftly after forcing their way into thc building as a Negro porter opened the door for early-arriving employes at thc branch of the Hi- bcrnia National bank at 7 a.m Joseph L. Thomas, porter was slugged. He told police he couu have shut the door in the faces 01 the bandits but he didn't want t< slntn it on a woman employe whc was entering the building. The bandits waited patiently for employes to arrive. They shuttled the women into one closet and the men into another chamber. The; waited for four tellers to arriw with keys to four "money buses' in the vault. Personnel Director G. C. Babin said the men escaped In a getawa- car which was parked in front o alternative, he said, is "tyranny In j llle bank. Thomas reportedly was Europe." I l "e only employe whom the ban Economy demands persisted !n 1 dits mistreated. He was treated Congress despite Marshall's warn- a hospital for head injuries, ing that any slash in the program] .. Ge . or Ee W. Plco.u, manager would moke it. all.but usejcss, ,. T»t»l "" gta.!- aid . . Behave' Democrat, the revested »MOO ,000.000 the bank, was, n.pUjpresejit. durin 'tbe'', : Drew P 't« >l*i2*^*e»nptaiJS and announced that he had no 1m mediate statement to. make. Asbury Park, N. Police said that two more truck- oads ot the explosives were known o have been obtained by the or- anlzation yesterday from the Se- eca Ordnance Works, Romulus, . Y., a war surplus depot. An ighl-slate police alarm was sent ut to Intercept them. The more than 61) tons of cycla- lite seized was in addition to 65,500 pounds of TNT captured last week aboard a Palestl'ic-bouiid relghter In jersey city. Farm Owner Arrested Charles Lowy, owner of an excess company upon whose farm he cyclamlte was discovered, was arrested and held In $15.000 ball (tcr pleading Innocent to charg- s of storing explosives without a Icensc. It wns at one of Lowy's vat-chouses In Asbury Park tlmt he truckload of 25 tons of cycla- nite was seized last night. Zimel Resntck, a member of the emergency council (or Palestine and a friend of Lowy's. said he he knew of an organization called | plosives. All were released on «500 (he American Friends of Haganah i ball, (the Jewish underground nnny In Palestine) but dented he wns a member of thc group. '1'he other eight men arrested, nil employes of i*wy, were: Hubert Pond, 29, of, N. Y.; Harry It. Sessions, 28. of North stockholnT, N. Y., David Chandler. George Evans, Edwnrd Robinson. Charles Bond, Major Dny. and Angela R. Tettllo, all of Astniry Park. Pond wns (he driver of the (ruck sel/.ed In Asbury Park. He pleaded innocent to a charge ol transporting explosives. One Driver Pleads {iullly Sessions, truck driver arrested at Lowy's farm, pleaded guilty to a similar charge. The truck he wns driving was leased from the Gen- cssec Trucking Company of New York. Of Ihe Stassen Charges Insiders' Made Millions in Profits Through Food Speculation other six men. Bond Pond's truck wna found by police In front or Lowy's warehouse In Anbury Park, crammed full ol 015 boxes of the yellow, waxy cyclu- mlte—enough to have wiped out the town. Pond was arrested when he returned to the truck after attending B movie. He told police Ihul It wn.i hts (irst Job for Ix>wy and that after he had driven (ht truck from the Romulus depot lo the warehouse he had been imal>l c to contact anyone, go went to the movie. J. Victor Carton, Monmoulh County prosecutor, said he was certain tlmt thnl cychiinlte seized yesterday "ties wltrt the TNT seized In Jersey city las! week. Authorities sntd they were sure the explosives had been destined for use In the undeclared war In Palestine. They snUl they believed the arrests had broken H smoothly - --.pleaded Innocent and the rest I functioning organization that mav vonld attempt to raise the express pleaded guilty (o charges of aiding I have been making arms shipment's company owners ball. Resuick said and abetting the storage of ex- (or some time. faft Emphasizes WelfareProgram Ohio Senator Offers GOP Social Measures Instead of Truman's By Raymond Lalir (United Press Staff Correspondpnt) WASHINGTON, Jan. 9 (UP1 — Sen. Robert A. Taft, R., O., wns still fighting today for a Republican program of social legislation In the face "of continuing silence from House Republican leaders. Taft asserted that the Republican- controlled Congress would proceed with its own social welfare program as a substitute for President Truman's. He gave the pledge last night In a radio speech making a general ind<-tment of the administration "Sai.,^ Claus" program submitted to Congress by Mr. Truman. He said the President's program tills froup to generally would add up to "national UcMl precn Ten Missco Residents Are Selected For Tonight's Radio Quiz Program Ten contestants, all Mississippi County (armors, liave been selected to compete In R special audition qulr. contest In the. Mirror Room ol Hotel Noble for thc right to represent Arkansas on » radio network farm quiz program "R. p. D America.' The selections were made by T. f W. Lcu-ellcn of. Oaslon, Ind., advance audition, man for the radio program, and County Agent Keith Bllbrey. Mr. Lcwcllcn, 'himself a farmer, will act as quizmaster for tonight's contest. Contestants Selected Mr. Lewellen chose six men and lour women, all representatives of farm families, to compete tonight. They are Mrs. Pauline. Abbott, Mrs. Leota Sugg, Mrs. Lois Young and Jim Smotherman of BIytheville; Mrs. Mary Grace Wyult and. William Wyatt of Number Nine; Vance Dixon of New Liberty; Hays Sullivan of Burdetle; M. R. Griffin of Dell and Earl Wildy of Leaf' jVllle. .Three conlcslants, ( two Mbn anil one woman, will be selected Iioin town " -payment still looked "tool '*• was estimated 25'persons wcr high." He said Congress should j '" tlle a b"k when the holdup wa move carefully in light of reports I staged, that the administration's new fed- • Police Supt. A. A. Walters an eral budget will hit $41,000,000,000. PDI agents went to the scene 1m Many other senators shared I mediately. George's views and there were some raised eyebrows at Marshall's all- or-nothing challenge — that Congress appropriate the full request or "don't undertake it at al!." Some legislators asked privately if the secretary would remain in the cabinet- if the program were seriously altered in Congress. Meanwhile, Douglas presented to the committee a balance sheet on administration proposals Jor foreign spending in the 15-month period , The 10 Hollywood" writers and di- Trials Are Set For Accused Film Writers WASHINGTON. Jan. 8 (UP) — ending June 30. 1949. I rectors who refused to tell a Con- Marshall's testimony before the' gressional committee whether or committee yesterday touched oft considerable discussion and debate. Vandenberg expressed "most not they were Communists pleaded innocent today to charges of contempt of Congress. prayerful" hopes to Marshall that | ThBy were arraigned before Fede- he seek a new administrative setup j ra i District Judge Richmond B that would give more authority to Keech. He ordered the 10 to stand the Marshall plan administrator. tria , Ior the charee in scparate Vandenberg predicted that the is- col ,rt proceedings beginning here sue of State Department versus in- p cb 9 dependent control of the purse strings would be a "key question" in J the congressional debate. Writer John Howard Lawson will be the first to be tried. After his trial is out of the way the other For many legislators, there was | nillc win be tr i cd in , d _ more than passmg interest in Mar- ' • — snail's "all or nothing" statement g" sta of yesterday, which was regarded ^hy some as a call for a vote of confidence. These sources pointed to Marshall's assertion that the recovery program now comprises the basic plank in administration foreign pol- sion. The last case, involving Lester Cole was tentatively set for March 24. Eight of the 10 men were indicted on a second contempt charge because they refused to tell thc House UnAmerican Activities Committee uii^ther or not they were, members of the Screen Writers Guild. The icy and to his repeated use of the ! ei ht Ica(ict , innoccnt words 'if Im stdl secretary of- r to this ».„.„••, v, ,1 - . jcharsc too. 1 Lawson and Edward enacted recovery program Is j rjymtryk wcre the two men Indic- Laundry Truck Driver Fined on Traffic Charge Marvin (Busier) Branscum nf BIytheville. laundry truck driver, was filled $230 and costs in Municipal Court this morning on a charge of driving while under th? influence ol liquor that icsultivi from an auto nc.-idcnl In which 1« was involved Dec. 22. Pcm'ins restitution for damas's and on good behavior, S125 of tile line was ordered suspended. Braiis- rum plcadcii guilty to the charge toliowiiiB his arrest and the cas? was continued until today for judgment. Brnnsnnr.-s arrest followed an ac- cider.t on the air base road Dec. 22. •Jyoad Inlo » car driven by Jim Jack- I T'SOII ol Biytheville. New York Cotton ted on only one charge. Weather Arkansas forecast: Partly cloudy and somewhat colder tonight, clear, ing but continued cold early Saturday morning- Saturday clear and cold. Minimum this morning 45. Maximum ye.sterdny 62. Sunset today 5.16 Sunrise tomorrow 7:16 Precipitation, 24 hours to 7 a.m today—none. Total since Jan. 1—3:30 inches. bankruptcy" and that th«'"io yea* Truman plan would leave about M much freedom in this country as Stalin's five year plan has left In Russia." , Seeks Support of House Taft, a presidential aspirant and his party's Senate spokesman on domestic policy, has been pressing for months for the inclusion of social legislation in the Republican legislative program this year. His colleagues believe the Senate ill approve the Taft program but. ihcy do not know whether the House will agree. House leaders have said little about it. A decision on how far they will go probably will await an agreement between House and Senate leaders. Taft attacked Mr. Truman's proposals for social legislation—particularly the President's request for national health Insurance —on grounds that they would vest all power in Washington. Swatting at other sections of Mr. Truman's message, Taft said: 1. Administration proposals would boost federal budget by an estimated $10,000,000.000 a year with additional increases in costs later. Says Truman ri;ijin|r Politics 2. The President's lax plan—a S40 lax credit for each Individual with the revenue loss offset by higher corporate taxes—is 'discriminatory" and a threat to Industrial production. 3. In its tax strategy, the administration is "playing politics with your money." Congress has given the President all ihc powers he needs to check inflation but he has not used them. I" Ills nt Mr. Truman's social legislation plans, Tafl swum? hardest at the health insurance program which he said would mean socialization" of the medical profession. He said that program alone would cost $4,000.000,000 or $5 000 000.000 a year. Taft has estimated hi.s own fc • New York Stocks !Kay 35-45 Ju y 3147 Ojl 3167 Dec 3133 open liinh low 3574 3553 3561 3542 3-S55 3435 3174 3158 3134 3118 3D68 A T ft T Anaconda copper Beth Stcc) Chrysler Cosa Cota Gen Electric Gen Motors Montgomery Ward Y. central Electric lamp manufacture encompasses the lowest and highest temperatures In industry—from 350 drevecs rjrlow zero to 6000 degrees above »ero jr. .. 152 3-8 .. 68 .. 34 1-4 .. 101 3-4 .. 62 3-8 .. 182 .. 3o 1-2 .. 57 5-8 .. 54 .. 15 1-8 .. 92 1-4 93-8 Republic Steel 20 3-4 fl 1-2 . 17 . 20'7-8 . 78 Flexible Farm Program Urged Kansas Republican Sees Chance to Get Action During 1948 WASHINGTON, .Jan. 9. (UP>- Chalrman Clifford Hope said toda his Agriculture Committee ma come up with a new wrinkle fo the govfeminciil/.i controverslr r natcs In Chicago The rfale for the program County contestants will compete will be announced later, Mr. Lewel- Icu said. The radio quiz program was originated by the producers of the "Quiz Kids" and is sponsored by the FOJ t; Motor Company. Participants on the program are chosen from the nation's farmers, he said, and each different slate is represented. Sponsored by Farm Bureau The winner of each weekly program is Riven the UUe of "Master Farmer of the Week." and is allowed to compete each week until he is eliminated. Thc Mississippi County contest is being sponsored by the County Farm Bureau and will be open to the public. Winners will be announced next week. The contest will stavt nt 7:30 and \viU last for approximately 45 minutes. Questions on the contest will deal primarily with agriculture and farming in this area, he said, but some humourous and current event questions will be asked. Winners ot the county contest and their wives or husbands will be Ihe gue.iUs ol the radio program sponsors for a three-day visit to Chicago which will be climaxed by the network broadcasts. Schoolmasters' Club Guest of BIytheville Group The Northeast Arkansas School- had given the program only 50 chance this year. He said the new plan would to aimed »t satisfying congressme who want to continue supportln farm prices at 90 per cent of parlt. ns well H.I those who favor a Ilex Ible scale of price supports to hoi down government costs. Hope said the committee ma recommend that Congress ado[ the flexible system and then ho It In reserve until farmers ha had a real chance to scale (tow their production to tnore near normal levels. Another possibility. he *ni * would be to adopt the progra • but tack on an amendment gua anteclng that the present prii floor under farm commodities w: not be cut more than a small pe coinage cnch year. The government now is rcqiiln by law to guarantee the fnrnn that his Income from most maji commodities will buy at least « per cent as much as It would have I bought In the base period 1009-14. This law runs out Dec. 31, A bl-pnrttsan group of senator)! already Is considering\ & flexible scal e of price supports ranging from 50 to 90 per cent of parity. Hope Is said to fnvor a more moderate scale ranging from perhaps 70 to 90 per cent_ lordes of Arabs nvade Palestine British Soldieri Us« Light Artillery to Stop Border Attack JERUSALEM. Jim. 0 (UP)—Arab xpcitttlonnry forces perhaps 2,000 trong Invaded Palestine from the .evnnt In a number of Imrdi'r cross- IBs today and slormed scattered ewlsh towns In Iho furs of strong cslstnnce by British army uml Jcw- sh defense units. Reports from llle Novllinislmi tip f Palestine snld some 800 Arabs warmeil across from Syria nt .in. toduy niul luld siege to the cttlemcnls of Dun and Kcfar Szold. Hi'ltlsh soldiers from border posl.s nd Hngannh groups converged on lie area and engaged thc Arabs In IghtliiK on a scale not made clour rnmcdlatcly. The British were re- poitcd firing Inlo the ranks of he Arabs with Unlit artillery. Responsible sources lu Ucinit rc- lorlcd that about 1,000 Arab volun- ecrs struck across thc frontier from -cbanon during Ihc night. Advices rom Beirut said Ihe Invaders were ntcnt oil wtpltiK out the I'i.OOO 01 o Jewish settlers In the Sufiul ivt riberins districts, the Northcnstcn In Palestine. Aruhs In Syrian Uniform* The Arabs planned lo sweep across he Pnlcsllnlnu thumb jutting to he Northensl. and cut off tht: in habitants before aid could rcncl hem from oilier Jewish centers IJclrut dispatches said. While there were references .„ .lie march of the Arabs in a proclaimed Holy War, early reporls of Developed by Candidate Could Bring New Developments By KKKI) MUI.I.KN llnlteil IVrss Stuff Correipondeiit WASHINGTON, J,m. 9. (U.P.)—Harold E. Stassen •Red today Hint "tfovernmont insiders" made a f4,000 .i killuijf in jjrain nml commodity speculationg since th« ond of the war. The -JO-yenr-old Uepublican presidential aspirant told beiwte niVcsliRutors that Kdwin W. Pauley was one of those) wno urofitod most—to the tune of $1,000,000 Turks Sea Power Bolstered by U.S. 15 Ships, Including Four Submarines, to Be Used in Black Sea WASHINGTON, Jan. 8. (UP) — The U. B. Navy disclosed today that It Is bolstering anti-Communist Turkey's naval power with IS shins. Including four 1.600-ton submarine.). The ships are bring turned over to thc Turkish navy under the $400000.000 U. S. program to help Turkey and Greece hold out. against Communist pressure. Turkey's share military, in Ihe program, nil amounts to $100.000,000. The submarines are unmodcrnlz- ctl craft of 1044 vintage but still packing a mighty wallop and callable of tiring single patrol. (10 torpedoes on , lh« Invasion suggested that It ot relatively limited scops find pur- strike from Lebnnon were short on detail, United rY'.ss advices from navy nlso Is preparing for delivery lo Turkey eight molor mlnc-swcepers. one gasoline tanker, one repair ship, and oue net-laying era It. Turki-y t:onlriils thr Bosporus and llarcllinrlh-s, (hr. nfr4tej(ti-a!l; w ,.|,. „ „ , , , vlui trulls which keep Russla'n *-"f..A h '. B . cl ™ 1 rc " orw °< ^"1 "'""k K« naval f,,rc« nut of Ih. Muilltfrrum-an, And nrurly une- Imll <vf the ""' " ~ l><-!<jntK In TurkcjC" Although Turkl'-*- 1 for dt'funse on - motorized formations. One stopped outside Kcfnr Swld, three miles below (he Northern border, and attacked the village, made up predominantly of American Zionists, at the Biblical town marking the Northernmost boundary of civilization as It was known then,.struck at a settlement on Ihe outskirts mid wounded two. The Jewish seiucrncm.s sen! urgent appeals to Ilngnunh forces nt neighboring centers. Reinforcements were dispatched lo Ihe scene, n'n-lv- ing about the same lime as did British troops sent from Mctulla. One group of HiiRiinah relnforcc- nienls wns ambushed by Arabs at llle village of Chnsns. One Hnganah man was reported killed and three wounded. Itrltlsh Artillery The British wheeled up light artillery nml were reported to have destroyed scvernl houses across the- bolder In Syrian territory. Accounts from the scene of b«tll< masters Club dinner-meeting held iu monthly last night in the Arkansas Editors Hold Mid-Winter Convention LITTLE ROCK. Jan. 9 <UP» — -' newspaper editors con- Harvard Co-Op Loses $50,000 To Bandit Trio CAMBRIDGE, Mass.. Jan. 9. (UP) —Three bandits held up the famous Harvard Co-Op In bus}' Hnrvnrcl Square today sind escaped wltli $50,000 In cnsh after hurling three smoke bombs. Aproxlmately 200 cuslotncrs niul employes were choked and blinded temporarily by the smoke. The tinma-sked robbers seized a cloth money bag from Ihe cashier's cage and Tied through a rcnr door. I Sidney Lee of Little Rock, supervl- They escaped In A stolen automo- sor of thc school plan service. They bile. made an inspection of school prop- It was the biggest robbery In BIytheville High School cafeteria. Miss Effie Lee Terrell, guidance counselor at the high schol here, spoke on aspects ol thc guidance counseling program and Miss Cecil the cosl of! Cassidy, also a faculty member, dis- social welfare proposals atJ cu^ed thc financial system used in about 51,000.000,000.. They include Iiandlil| 6 funds of school clubs and federal atd for health, education other organizations. and housing and broadening social Guests at the meeting were H. L, security coverage with higher bcnc-' Ta > lor of Little Rock, state direc i tor of school administration and Arka erty yesterday to serve ss a basis Ior recommendations as to remodeling the present structures and construction of new buildings. How,. fl _ . r t* n \. v" |jti u^Liirii ui in; « vuiLUJilg.l.. iiv w- »>,» ?r., e , Rock todBy for| cver, no report of the Inspection the .61, annual Arkansas Press! «, s prc?cntod last night. Association convention. , Approximately 31 members of the me Doara ol directors will meet i Schoo:mast°rs Club attended Sup- hiitfA ii™ s ,°" '" the morning, r mntcmUnt Uoyd Golf oi Jones,>,L™' .,, m ^?lfe ° f "w.n<-*'-V! l»ro, president, presided. papcrincn the highlight of todaj's general session was to be addresses by Univcrslt' Greater Boston since Oct. 30 when four gunmen scly.ed a $107,997 payroll at a Hyrtc Park factory. The Harvard Co-Op, which caters, to students on a cooperative basis, normally docs not have so much cash on hand. The money seized liad Just been delivered from a bank to be used In cashing checks for Harvard students. "Store Official Revokes Agitation in Italy Spreads 3357 [ j n t Harvester 3440 North Am Aviation 3110 3129 Radio Socony Vacuum Studebakcr . Standard ot N J Texas Corp .... P.-.ckarrt | U 6'Steel 4 7-8 Hie increasingly bitter political The permit Usued to R. H. Chtl- fight between the moderate gov- dress of Leachville was revoked af- crnment and extreme leftist par- ter he was reported to have been convicted on a drunkenness charge In Municipal Court, Mr. Cook said. The other permit revoked had pay and paralyzed the payrolls of Company. Soybeans Prices f. o. b. Chicago Mar. open high low l-.30p.rn. 424 428'4 424 423'iB'brcn issued E. J. Hooker of pine hundreds "or thousands 41114 *» 416Vi 41* B| Bluff. 200,000 bank higher said thc British repelled the f nl , " i T TTO', t " wnve of Arabs to cros ! fcr °' sMp * to nirkcy vave of Arabs to cross the frontier. Women and children In Hie Jewish settlements were herded quickly Inside their houses as the fighting went on. Hagannh troops were reported fighting side-by-slde with the British. Officials In Palestine .said they lad no details of thc fighting. Rc- iriblc sources said (he Invaders were believed to be Palestine Arabs' who hnd completed their course ot training In Syria preparatory to tile Holy War proclaimed by the Arab lenders. 'Those .sources said the Palestine Arabs, If such they were, probably were on their way home with the double purpose of a "lest attack" and n preparation for thc big showdown still to come. HaKiinnh sources said the organization's Intelligence hnd anticipated the Arab Invasion, and had "successfully repulsed" the invaders. One Hagnnah source said ttic Arabs had ncen driven back across the bonier. artillery, strung su . ____ also ure Important to protection not only tlie Bosporus and Dnidanellcd but to Turkish HlAck Sea Interests. Turkey already lilts 10 submarines, but the newest U five years old and together they probably would not possess the ship-killing power ot tin /our new ones. Kussla Hun Umlcrst-ui Craft Itussla la vaslly more iiowerful In undersell us well as surface strength than Turkey, nut it | s assumed that the bulk of the Soviet naval power Is not. In the Ilaltlc.' Russia obtained ninny ol acrmauy's most, modern submarines niter World War II and Is close to Ihe top among, ihc major powers In undersea strength. The Navy's announcement *as the second in a week disclosing U. S. steps to increase Turkey's sea power. The Stale Department last, week disclosed tlml this country seven surplus Cliainnnn Walter O. Andrews. H., N. Y., of thc House Armed Services Committee approved the new traiis- a "sound" Vinson, D., Ga., memlicrs of the * And Slassen said lh»l President I'liiiimir.s physician. Brig. Qen Wai- ace H, Graham, "was not truthful" In statements about his wheat speculations.* Contrary to Qraham'i assertions thnt he lost money, Stassen charged that the White House doctor In fuel mautj * profit. As for Qrnham's statement that ho ordered Ills brokers to close out lib accounts after President Trunmn denounced "grain gamblers" In an October speech, Stassen said that was not true. Grahatn'i Report Disputed The former Minnesota governor said "It Is our Information" that Graham did not leave the market "until after I specifically charged" that government Insiders vert profiting In commodity speculations, Slassen made that charge In a speech at Doylestown, Pa,, on Dec, 10. Slassen, In a dramatic appearance before a Senate Appropriation* Subcommittee Investigating speculation, named no new government nnines. He repealed that Pauley, a ipeclal assistant to the secretary of the army, Graham, and Ralph K. Duvlcs, wartime deputy petroleum administrator, had speculated. He said he would not disclose publicly any other government Insider*. but would be glad to tell the committee In confidence "the leads" uncovered by liU staff. Slassen centered most of hU fir* at Pauley. HB recommended that the committee Investigate Pauley'x trading activities while he was in Europe as reparations commissioner In 1945 and 1946. He said Pauley bought 60.000 bushels of oats futures while he wai abroad "travellli with the rank of ambassador." Pauley profited on this and other deal». Stasscn «atd. He recommended also that th« hnd sold Turkey minesweepers. action. Rep. Carl ranking minority Josephus Daniels Losing Strength, Doctor Reports RALEIGH. N. C. IU P.I—Jo- scpus Daniels. World War 'i secretary of thc Navy and editor-publisher or the Raleigh News and Observer, "tost ground" during the night In his fight against a severe committee, said he would take the navy's word /or It that the traiu- Icr wns "prudent." Navy spokesmen snld they believed this was the first expansion of Turkey's fleet since 19-16. second morning, hts, Daniels 'failed lo n-sk today. IIr the [ai Wy said, lor a copy of the News and Observer. Doctors reported "no marked crange" but held little hope for his recovery. The 85-year-old .statesman and editor, who became ill Sunday with a severe cold, was in an oxygen tent. The man Franklin D. Roosevelt always called "chief," Daniels served eight years in Woodrow Wilson's cabinet with Roosevelt as his assistant. Later Roosevelt named him ambassador to Mexico BIytheville Banks' Combined Assets Top $19,400,000 ISIyllievillc's two. banks at tlic close of business on Dec. 31, 1947 had total assets of !19,413.48«.i9, according lo consolidate! statements prepared in response to a bank call issued by the federal comptroller of currency in Washington. Deposits in thc two BIytheville SI8.582.007.23 and the loans and discounts amounted to $3,356.803.31. Marshall Denies He Will Resign if Plan Is Modified WASHINGTON, Jan. 9 (UP)— Sccrclary of Slate George C. Mar- shnll today branded as wholly Incorrect speculation that he would resign if thc European recovery program Is substantially modified by Congress. Marshall lold I atriklnc worker*. non- 1 i" 1935, and he served In that post | for fwn. a news conference that such action would be inconsistent with everything he has learned during his long years in the Army and government. He added emphatically that such action was the last thing he would do. But he added with a smile that of course In such a case he might be Invited lo return to Virginia, his home, Marshall's denial was prompted by a question as to whether he was prepared lo go ahead with the Marshall Plan even if Congress failed to appropriate the $6,800,000,000 he says Is necessary for the first 15 J month*. committee compare the times of th« market transoctlons of all big speculators, Including Pauley, with government purchases. An analysis of Pauley'i Account Slassen uld, showed a pattern of similarity to government pur- ehasri which "was more than «o- IncJdental." "No one could have that rood a crystal ball," Slassen said. Stassen also posed some questions about the FBI getting records of Graham's account with the brokerage firm of Bache * Co. The company said the FBI asked for and gok copies of the physician's 1 account* before the Department of Agriculture revealed that Oraham was on a list of speculators. "I think the question should b« asked why the Department of Justice should move In and seize records at a time when commltees of Congress are carrying on this Investigation," Stasscn said. Graham was scheduled to follow Stassen »» » witness belore th« Senate appropriations subcomimtr tee. But he was not present when .the balding 40-year-old Republican presidential aspirant made' his charge. Stasscn told the subcommittee tlmt he hoped the investigation he precipitated by his Dec. 10 speech at Doylestown, Pa., would bi followed through "thoroughly," and added: "II you do, I believe you'll find that administration insiders dealing In over $20,000.000 worth of commodities made a profit of mora than M.OOO.OOO." Slassen then charged that Pauley did not make "full disclosures' 1 when he was before the full appropriations committee on Dec. 12 lo explain his speculations. Stasscn Says Pauley Profited "At least there was an inference he lost IIO.OOO." Stassen said. "In fact, he made a profit of more than $1,000,000 approximately :n the food and commodity markets since the war." Stasscn then added that other* who profited were Graham and Di- vies. Pauley, in his appearance befor* thc committee, testified that when he was appointed to his post last September he began an orderly liquidation of till his commodity accounts and it was on this stipulation that he took the army post. But subsequently he disclosed that he did enter the commodity market alter his appointment, but h» said only to provide a "bonus" for his employes. Graham also said that "frankly, I lost my socks" when his grain speculations were disclosed. Meanwhile, Secretary of Agriculture Clinton p. Anderson published a list of oat traders which included Pauley as one of the big operators. The list showed that he held 300,000 bushels last Oct. 31, almost two months after he became special assistant to th« secretary of Array. All the names, released today had appeared on 'previous rlsts. The la* commodity trader list probably b. out if

Get access to

  • The largest online newspaper archive
  • 11,200+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free