The Courier News from Blytheville, Arkansas on February 13, 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, February 13, 1948
Page 1
Start Free Trial

BLYTHEVILEE COURIER NEWS VOL. XL1V—NO. 273 Blytheville Courier BlythevilJe Daily Newt THE DOMINANT NEWSPAPER OF NORTHEAST ARKANSAS AND SOUTHEAST MISSOURI Mississippi Vallev Leader Blytheville Herald RIA'THKVILI.K, ARKANSAS, FRIDAY, FEBRUARY 13, 1018 Blytheville to Get Lower Insurance Rates, Mayor Says Reduction of fire insurance rates for Blyllieville residents was a step nearer reality today with the announcement by Mayor K. R- Jackson that the Arkansas Inspection and Rating Bureau in Little Rock has informed him that the city will be advanced to a Class Six rating when the elevated water iank under construction by the Blytheville " — * Water Co. is completed C. of C. Arranges Annual Banquet Charles T. Evans of Little Rock to Be Principal Speaker Charles T. Evans of Little Rock, vice president of Arkansas Power and Light Co.. will be principal speaker at the annual Chamber of Commerce banquet at 7:30 Friday night in the Hotel Noble, it was announced today by B. A. Lynch, chairman ol the program committee, and Chamber of Commerce Manager Worth D. Holder. Mr. Evans, also public relations official for AP & L, is a civic leader in the capital city and is noted as a speaker. Mr. Lynch said. Mr. Evans' topic was not known here today. The annual banquet also will serve as a greeting to businessmen who have come to Blytheville during the past year. They will be introduced at the banquet. Preceding Mr. Evans' address, retiring Chamber of Commerce President Farmer England will present a report on the organization's activities of Ihe past year. C. Murray Smart, president for 1948, will present plans for activities during the coming year. Members of the program committee, in addition to Mr. Lynch, are M-. England and B. a. West. Banquet arrangements are being made by the Chanter's entertainment committee, consisting of R. A. Nelson, chairman, T. P. (Doc) Dean, L. E. Old and J. W. Adams. The banquet is open to all Chamber of Commerce members and their wives. • >.Ir. Holder said this morning that due to the shortage of • tick-' -"*" .first] 200 he MfT HbWer'-sald tie has tickets for the banquet and that others from whom they may be purchased will be announced later. In a letter to Mayor Jackson, the bureau officials also listed four recommendations based on an inspection of fire-fighting facilities made here earlier this month by an engineer of the stale agency. One of the recommendations called for an increased force of volunteer firemen and the letter also suggested replacement or complete overhaul of the 25-year-old flre truck now kept at Fire Station No 2, 1900 West Main. George D, Suter, manager of the bureau, said in the letter to Mayor Jackson that the inspection of the city's fire defenses "reveals thnt Blythevilte is in a very favorable position to advance to Sixth Class." "We will regnule your city when the new elevated tank is put into use and at that lime we feel sure that Blytheville will qualify for a better rating," Mr. Suter wrote. The water company's tank, located at the South end of lath Street, Is half-completed today, Bernard Allen, manager of the utility, said this morning. When completed, U will hold 500,000 gat- Ions and will be 102 feet high. Being built at a cost of approximately 5G5,000, the tank is expected to be completed by the end of March, weather permitting, Mr. Allen said. To "insure your city of lower insurance rates," the Bureau recommended thru: 1. The elevated tank be completed as contemplated. 2. An eight-inch cross-connecting main be installed along Eighth Street between Ash Street and Chickasawba Avenue. 3. A systematic series of drills be inaugurated In the Fire Department under (be direction of the State Fire Department Instructor ami that these drills he carried on at least once * month in the £uturc. 4. The call force of volunteer lire- men be increased to 27 me _____ _ '"""",i- Greek Guerrilla Band Ordered to Kill Americans Officer Captured After Salonika Raid Bares Instructions By Daniel L. Thrapp United Press Slatf Correspond"!! SALONIKA. Feb. 13. (UP)— Cheek guerrillas have been ordered lo kill any American military observers found ••interfering with operations" on the battlefield, a captured guerrilla political leader who participated in Tuesday's attack on Sal- onika said today. The guerrilla, Joim Potindcs, slalf officer in the Stcfamidcs battalion, sakt these orders were issued to him in October, 1047, at the Greek guerrilla training camp at Boulkes, Yugoslavia. Potlaries said he fought with UN. Oreck guerrillas against Hie Germans In 1914 and 1945. He was taken to Boulkes for polillca September, 1946, and TEN PACKS *39 Crippled Children Attend Clinic A total of 39 children from Mississippi, Craighcad. Grittenden and Poinsctt Counties were examined here yesterday at a criyipled children's clinic conducted at the First Church of the Nazarene by the State Department of Public Welfare. Dr. W. Vernon Newman, orthopedic surgeon, and Dr. Vida Gordon, pediatrician, both of the Crippled Children's Division of the Welfare Department in Little Rock, conducted the examinations during the clinic, held under the auspices of the Mississippi County Medical Society. Specialists from Little Rock assisting with the clinic Included Miss Myrtle Horton. orthopedic nursing consultant: Miss Louise James, director of Public Health Nurses, and Miss Ruth Rorie. district superintendent of the Welfare Department. B. R. Walker, representative of (he 'ate Vocational Rehabilitation Dision. also was present. Also assisling were workers of x the County Welfare Department. Health miming . , ordcrct back into Greece a year later. "Before I left Boulkes I was told 'You must kill Americans and driv. them away because they are the conquerors of Greece.'" he said. 'You must shoot Americans whenever they interfere in operations.'" He sneered, spread his hands and shrugged his shoulders when questioned about Americans, although previously he had answered other questions freely and without expression. Fotiades was one of 121 guerrillas who were captured by the Greok army after they shelled Salonika early Tuesday with a 15 millimeter cannon ami several mortars. The captives were marched through the streets of Salonika yesterday in 3 victory parade. Poliadcs, 36. Is a stocky pcasiuit- type similar 10 almost all guerrillas. His head was shaven Rnd he wore a collection of nondescript clothing with enough khaki to pass as a partial uniform. He said he was born 1 Asia Minor, and came Greece, 24 years ago. He salt! there were 520 men in the attack on Salonika, including a 40-man gun crew, mortar crews and three battalions of 140 men each. The mortar section had three three- inch mortars. Fotiades said the attack against Salonika was carried out under the direct command of Lt. Col. Nikitas. guerrilla commander for central Macedonia. Retailers Profit Margins Fixed By Britain's Labor Government By Homer J*nki United Prw Staff <:one>poiid*nt LONDON, Feb. 13. (U.P.)—The British press general- welcomed today a government program to roll prices back to their December-November level for manufacturers and fix profit margins for distributors and retailers More than 200 articles will be included in (lie roll back order mcludin R furniture, cutlery, china, glassware, cooking ulensils, and electrical equipment,. Press support o[ the plan warn-* — ed. however, that price controls nuibl not continue Indefinitely lest they imrnljzo industry. Across the channel In Europe Prance battled Inflation with » government bill freezing prices at Ihe Jan. 15 level and Belgium conscripted utility workers to stop what was described as inflationary wage demands. Officinl nelgian circle* said that coal mine' workers might be mobilized In ndditicm to gas, water an.l electricity workers lo keep wages stabilised. Tlip British Riiti-lnflationiiry measure was announced In Commons liust night by Sir Stafford SINGLE COPIES FIT! CENT* Cri]))>s. chancellor ot the exchequer, m answer to workers' demands for stria pries control In lieu of wage incicR. c cs. Cripps said a government order freezing manufacturers prices at the year end levels would be issued by Board of Trade Presidnt Harold Wilson as soon as possible. Authoritative sources said this would b« two weeks. Tlic order wilt fix profit margin.'; or distributor* and retailers and will remain In effect until Industry ders comply with (lie government request to submit * voluntary plan for reducing prices ami prol Aulhorilative reports said the order will apply to everything sold In shops except food, clothing, newspapers, oooks. Jewelry and certain luxury Items. The price of food will depend on Import prices ami thai of clothing on Imported raw materials. Cripps' announcement cut the ground from under trade union leaders who have demanded wai'C Increases [or nearly 6.000,000 work- er.s. Watch and Wait Policy May Delay House Action on Economic Issues By R*x Chancy United 1-rms Staff Correspondent WASHINGTON, Feb. 13. (U.P.)-House Republican, cocked inxlous eye at tumbling prices today and decided lo adopt . , and-sce attitude toward rent and other economic• control*. Ohalrman Jesse p. Wolcolt of* the House Banking committee said he thought thnt Instead of passing cut control law, it might Fonlos, to Kcivnlla, be given Teplaemg (he old pumper in the West End station." TliiE truck, he said, "is in rnther poor condition and will shortly need replacing or complete overhauling." Stressing the need of a city for adequate fire-lighting equipment, Mr. Suter wrote "The necessity of maininining good and sufficient lire defenses was amply demonstrated in the recent severe fire suffered by your city. "Ha>i either the water supply o\the (ire department fniied lit that crucial time, it is almost cerium than an entire block of your bu.s- ine.^s section would have been destroyed." Refers In $100,000 Fire Mr. Suter was referring to the 51CO.OGO fire that destroyed tre Western Auto Associate Store and the Family Shoe Store in the 300 block on West Main Street early in the morning of Jan. 31. A pointed discussion of whether or not t he city should another new fire truck to replace the outmoded truck at Fire Station No, 2 arose at the City Council meeting Tue.sday night. A three- man committee of aldermen was named to confer with Mayor Jackson and Fire Chief Roy Head on the mauei. The city's fire defenses were bolstered earlier this month by delivery of a new ton-and-a-haU fire truck mounting a 500-gallon per minute pump and a ISO-gallon por minute booster. This truck alno carries 1,000 feet of hose and ?s Department, Tuberculosis Assocla-i completely equipped with ladders, lion. Child Welfnre Department and I chemical and water extinguishers the Chlckasawba Chapter of the nn( * other fire-fighting equipment Red Cross. ', ! Lay workers included Miss Marv ! •Jo Hall. Mrs. S. C. Owens. Mrs. .If." '> Craflon. Mrs. J. C. Drokc, Mrs. r Garth Castlio and Mrs. Mary Alice i Johnson. i Lunch furnished by the Arkansas! Association for Ihe Crippled was' prepared and served by the Hope] Americanism Week Being Observed Here Missionary Group of the First Chris- i Man Church, Homer Fisher tur- ! uished for moving and setting un' the clinic. ' Gym Facilities Offered Free To Children Formal opening of the Air Base gymnasium as a community center for use of grade school 'youths of this vicinity tomorrow, was announced today by Bill Godwin fo mer Blytheville High School ball coach and slur and member of the Boston professional football team. Godwin stated that the gym recently leased from the city, will be open to all grade school children of Blytheville and surrounding territory and that the facilities of the gym will be mndc available free of charge. A used by thc Army training program, available. Godwin, who played a major role in the inaugural of the grade school football program here last year, staled that the opening of foot- now Yankees, football field, In its physical will also be community center tlie gym as a for the grade school voiiths was being done because "Ihe kids of this area have no suitable place to spend (heir weekend school holidays." A complete program of phy- being sical training activities planned, he said. Tlie Air Base gym. construe' ed by the United states Air Force during its occupation of the area from 1942-1846, is one of the best in this area The larse athletic plant includes a basketball court. sta?e. dressing rooms and showers. However, lie pointed out lhat sections of the buildins: will not be ready for use un.til minor repairs arc made. The gym will be open at the pros- time on Saturdays only, Mr. Godwin staled. However, he indicated that it may be open six days a week during the Summer. "This remains to be worked out," he said. Large Oklahoma Gas Line Breaks And Catches Fire Observance of . "Americanism Week" began here yesterday as plans were completed for programs in schools and before civic clubs by the Junior chamber of Commerce! Mar. Americanism Week." Feb. 12-22. is I May scheduled for Ihe Jaycee meeting July Oct. Dec. New York Cotton 1:30 Monday night, to be proceeded by a supper. Programs in observance of the week are being planned for weekly Feh 11 ,TID, , I mceli »Bs ol the Lions. Kiwanis and Feb. 13. (UPi-Al Rotary Clubs this week. A poster contest lor grade and high school students is underway. Theme of the contest posters is to be "What Americanism Means lo Me." There are Ihrce divisions in the competition, for grade -school pupils, ror ninth and 10th grade students, and for those in the lull TULSA. Okln high pressure gas line supplying the Tulsa area blew up and caught tire 10 miles south of Oklahoma City today, causing fuel to be shut off from all Industrial users here. D. W. Reeves, general sales man- of the Oklahoma Natural Gas announced at 8:30 a.m.. that •ndustrirU users In Tulsa will not j and 12th grades have fuel a good part of thc day." cash * He said residential areas, however would be semd. The blast and fire apparently were not as serious at the scene as were the consequences here. Reeves said no one was Injured, and In Oklahoma City, Tom Slerlin, district manager for the gas company, said the break in the 12-Inch line had been repaired hj- 8 ».m. prizes will be awarded !5 winners nnd the entry deadline has been act as Feb. 19. Soybeans (t. a. h. Chicago) open high low 333 334 .133 M8V, 1:30 333 a open 3110 3110 3045 2885 2865 high low 3172 3103 3185 3100 3122 3045 2038 2885 2915 2865 p.m. 3152 3161 3101 2926 2912 New York Stocks p. m. Stocks 2 AT * T Amer Tobacco Anaconda Copper Beth Steel Chrysler Coca Cola Gen Electric Gen Motors Montgomery Ward N Y Central Hit Harvester North Am Aviation Republic Steel Radio . .'.' Socon v Vacuum ... Studebaker Standard of N J ... Texas Corp Packard U S StMl 14!) K2 3-4 31 1-8 31 1-2 54 3-4 156 33 51 1-8 SO 1-8 12 3-4 82 I-S 9 3-8 22 3-1 7 3-4 15 17 1-3 70 52 5-8 4 1-* M 1-3 be a good idea for Congress to extend Ihe present law lor 30 days lo see what's going to happen to the nation's economic structure. It's possible, he said, lhat Congress might "pprove an entirely different rent control bill al the end of March than it would, within the next few days. The present rent control law expires in 16 days. "H prices continue to drop for 10 rta.vs to two weeks, or do not K« ba<k up, we cm assume that this is the stalHUfinj recension we're bctn wallin.t'for," the Michigan !tcpulil!c»n sald.'j President Truman's mews conference statement yesterday thnt he still wants C_ his whole ]0-[iDm»j, procrani. includin trols rind rationinj- on deaf ears on Capitol Hill. Wolcott. in fact, said the lime may have come when the legislators will have to do more thlnkiiij about supporting markets than try- Ing to bring prices down, "If the tendency Is for prices to go further down then nil need for further controls Is dissipated" he said. Chairman Charles W. Tobcy, R., N. H.. of the Senate Banking Com- millee already has said he would be receptive t« the Idea of emending thc present rent control law for 30 or 60 days to give Congro.« more time to work on new legislation. Tobey, however, doubts thai anything that has happened yet lo prices would be a tactor In rent The Senate and House ing Committees are scheduled Moivlay to.oanvBM th» «it- Bungling Blasts Fired in Lincoln Day Addresses GOP Hopefuls Rap Democratic Regime; Ask for a Change By Unliee! I'rcM Republican Lincoln Day speakers accused the Democratic, administration of bungling r.t home am JiingHim abroad, and predicted the election o( » aoi' president In November. In the flurry of Republican mil lory in the past 24 hours. CH>v Thomas E. IVwey, Sen. nobert A raft, and Hurold R. Stasseit truin- ed their Rims on (he foreign policy of President Truman whnu each hopes to succeed in the \vlilu House. sjicaker Joseph w, Martin Jr., Senate Whip Kenneth Wlierrj uiul others blasted the President'' domestic Iwlleles. Democrats will reply next Thursday ul their annuivl Jackson-Jefferson Day dinners. Dewey, In his Mrsl major ad dress since announcing his uvall ability for the OOP nomlnatlnn denounced some admlnlstiutloi foreign ixillcle.s as a "Ijetraynl o the American Ideal." The" Nei York governor told a lioston audl ence thai U. a. mistakes and com promises have, helped Ihe "vcrj scheme or Soviet world conquest. DrniiMTulK Illume.) Taft declared that the "losing o the peace thus far" Is a "clear cut Democratic responsibility." Speaking in Stassen's home clt of St. Paul, Minn.. Tall pledgee himself to an "entirely courteous campaign for delegates iiKiitnst hi rival in olllo. Hn recalled hnvln asked atassen to sleer clear o the Ohio Primary and lulded wit a smile: "By May 4, 1 think h will find that my advice wiis good. Stasscn, mantown, a speech al Pa.. urged Unit Oer Mil Woman in Industry fro Challenge Provisions of U.S. Income Tax Act country slop .tending nmchinerj' IliiMln unless (lie sovk-t govern ncnt coo.icintes in Ilin relinWIItn tlon or Europe. HP cnutlom: Kninst a surrender lo -llio in ildlous whisper Ihnl wnr (5 1. ivlUblo." Highlight* M other major i\d dresses: Qov. Knrl Wnrren or Citllfnrn fan RVowcd prc.siilcntlitl enndl (Intel 5(>enkln K from 1m Angelp.i "I'lie nopuljllcnn Parly M'lll no for ward If we. like Lincoln, hrc |«o_>l who cal'«." Speaker Martin, from New York Wliat w« need \a mate of Hi splrll of '78, nnd less ol tlie spli nf 76,000 biirenucrHtlc regulation To gel tlmL spirit we must hnv RDpublicnn president mid « Re publican Congress. And Hint wlmt we will hnvc next January LOOS ANGELES, manufacturer, salt) in Angeles Rotary club income taxci from her em- feb. 13. (U.P.)-vlvieti Kellcms, Westpovt. Conn.. a speech prepared lor delivery before (.he Los locf!l >- "'"I- efrectlve at 4 p. m. BST she "de- NDcratclp" would itop withholding federal i: ployes 1 wages. "From this day I am not collecting nor pitying their income (axes for them." • Miss Kellems snld. She called for the abolition a! the Income tax as H substitute for another round of wage increases. "There are many sincere people \\-ho will censure me for breaking the law. Knowing this and having been through ones New Deal smear and persecution, J still break this law. deliberately." she said. . . She said the taxes were deducted as usual from the paychecks received today by the 100 workers she employs at Westport making steel and copper cable grips. She said a court decision would be necessary before she would do it again. "If High Tax Harry (President Tmmanl wants me to get that mon cy for him. then he must appoint me an agent for the Internal Revenue Department, he must pay me a salary for my work, and he must reimburse me for my expenses incurred in collecting that debt. "I am not a lax collector and If an American citizen can be fined and thrown into priior. for not collecting taxes from his workers, then was running a risk, she had discovered I'm the let's know about ft now. Let's see what the court lias lo say about Ihls law—It's not the first one passed In violation of the constitution. Miss Kellems said she realized she but said that that "like all bullies and blood-sucking parasites, those mangy, Communistic bureaucrats are at 'heart yellow cowards So no matter what they do, standing on my rights until court hands down its verdict." There Is no record of an employer previously refusing to withhold taxes from wages. However. » small battery shop owner once in Penn sylvaula refused lo pay social security taxes on his employes. The federal tax bureau seized one of his trucks every so often, auctioned It of mid kept the proceeds as laxcs. <In Washington a spokesman for Ihe Internal Revenue Bureau suitl lhat the Income lax law made an employer a "deputy collector." How ever, he refused to make * flat statement on whal sleps would be taken to punish an employer who refused to make the deductions.) Stock Exchange Board Chairman Now Thinks Decline 'Short-Lived ATLANTA. Ga., Feb. 13. (UP) — Robert P. Boylan, chairman ol the board of New York Stock Exchange today denied a quotation attributed to him by the United Press reporter who attended his press conference at (he Biltmore Hotel. The quotation which Boylan denied was a prediction attributed t.i iiim that markets apparently have started a general decline which would continue for about two years. Those attending the press conference in addition to Boylan were Homci Vilas. president ol thc Association of Stock Exchange Firm*; William E. Hugcr. of Courts and Co., Atlanta; Jouctt Davenport. Atlanta Journal; Hajnes McFadde.i and Willis Johnson, Jr.. UK Southern Banker. Atlanta; Al Kueltncr, United; and D. D. Hocatc, public relations official of thc New Yoik Stock Exchange. After Boylan denied the quotation alributcd to him. Kucttncr gave his office the following memo: We .were questioning Boylan about the drop in commodity prices. I asked Boylan why Ihe commodity markets have a severe break la-it week and he explained It was due to government action In get- tin.! out of the wheat program, good crops and buyer resistance. "! asked him If he thought lh« trend would lead lo anything »eri- ous and h« Mid ne, I Mk*d him how long he thought the trend would continue. "In reply he referred to diclion he had previously pre- made lhat the break m commodities was coining and my notes show he said the down-trend would last about two years when prices would level off at a somewhat lower figure than they are now." Boylan denied he said the downtrend would lasl about two years. Congressman Forecasts Early Action on UMT by ArmedServicesCommittee WASHINGTON. Feb. 13. <UPi_ Chairman Waller G Andrews ot the House Armed Services Comi mltlee said today he hopes "within two or three weeks" to get a green lig"t for house action on universal mllllary training. The New York Republican, wli committee okayed a Iralning bill last Summer, would not disclose how he plans to win a favorable vote from the powerful House Rules Committee. So far It has failed lo clear the measure for House i tlon. The American Legion meantime tssKiled what It called "evidence ot » conspiracy to sUll on unlvcrja mlliUry training, Involving policy m»k«« lor both p*rtiec" Floods Force Tennesseeans Out of Homes (By Ilnilfil I'r.'s,) An estimated 100 or more Teni csscc families fled I heir homes to day lo escape flood waters froi creeks and rivers swollen by two-dny rain. The flood onparently was al I worst along Duck River and Stone River which wind through the rlc blue-gross belt of lower Middle TCI nessec before emptying into tl Cumberland fllvcr. Sheluyville was Isolated, with wn tcr standing eight feel deep r some polnt.s nnd Duck- niver st rising. Mayor Eustlss Wllllnm called on all able-bodied men help In evacuating stranded fain lies. The water supply was In clai ger of being cut off. but food stock were reported as ample for currci needs. Parts of Columbia nnd Murfrec. boro also were flooded. Overflowing streams arc rcporlc virtually from one end of the sla to thc other. An estimated 50 fain lies were forced to flee in Knox ville when First Creek rnpl< 1.V last night. United Press correspondents Red Cross officials estimated th.i 100 or more families had lo leai their residences in eacli of tl Shelbyvlllc, Murfrcesborn anil Co umbia areas. It was estimated also that some 20 families had lo flee from lowlands near Chattanooga when the Tennessee River began to rise. Boats, army trucks and even tractors were hclng used In evacuating some families still stranded. KvnciiiUiont In Mississippi COLUMBUS. Miss.. Feb. 13 (UP) —Farm families sought the shelter of higher ground today as the rapidly-rising Tomblgbee River, swelled by rain and melted snow overflowed its banks. At least -10 families in the lowlands between here and Aberdeen near the Alabama line were evacuated. Weather Arkansas Cloudy lonighl and Saturday. Occasional rain today and slightly warmer Saturday. Minimum this morning—35 Maximum yesterday—to Sunset today—5:41 Sunrise tomorrow—6:47 Prccipllatlon, 24 hours t-> T am. today—.48 Total since Jan. I—851 Mean temperature i midway between high and low)—37.5 Normal mean for Feb.—43.4 This Wale I.sst Year Minimum this morning—26 Precipitation, Jan. 1 to this date —J.M lhat prices muy Other farmers, innrknl In the I cur drop still low Jiowcvcr, were rcjwrled hanging oii to their grnln in tho hoiw Ihe government will begin buying again and scud thc price upward. All grain markets In the United Stales were closed yesterday on Lincoln's birthday anniversary, but at Winnipeg rye dropped lo cents a bushel. Trading In rye was m virtual standstill. Tn Aflfi-l Fruits. V.'xrUMr* At Washington, Ihe Department nf Agriculture .snld prices of most 111111.1 me ux.wuled to raiuiln lower this Winter than they were last year. The department .said Him has bfetl no Increase In domestic demand, nnrt Hint exports Imvo been curtailed because of dollar short- lines. Meanwhile, It. snld, supplies of fresh mill processed fruits' have rencbud record or near-record levels. The dep:u-lmi'.t\l said Kmpe- [ruli, upple.s anil |iears are among Irnlls which will conlinue lo sell cheaper. The hog market opened slow at Chicago with prices steady with yesterday's levels. Cotton at New York opened at- masl $4 a bah: lower, but bounced upward sharply. Slock prices on thc New York Stock Exchange were al alxmt thc previous closing levels, and bonds were steadier. As the commodity break gained momentum, It also Rained in political significance. At Washington, House Republicans adopted a wait- and-see altitude on rent and other economic controls. Meanwhile. Sen. Milton R. Voting, R. N. 13., demanded a full Investigation ol commodity exchanges to determine H the price break Is thc result ol "rigging." Young said that Ihe Semite subcommittee on speculation should lind out If other itaciois joined with Edwin T, Maynard of Chicago in selling the mar- kc-1 short. Muyiiiird, who rejxn'tcdly made more Dun $.100,000 In Ihe grain market collapse. Is scheduled to testify bclorc the committee Monday. Corn Prices Drop Limit in Chicago And Then Rally CHICAGO, Feb. 13. (U.I'.)-Corn prices dropped the mil. on (he Chicago Hoard of Trade today in a renewal ->f the sharpest downward plunge in th« market'* 100-vear ustor.v. J II was Ihe sixth timo i n eight days that corn haA • roken tho full eight-cent limit. Wheat, however, opened two cenls a bu.sbel lower to four cento higher Grain prices moved upward from the day's low levels n nter Irading however. After dropping the full eight •Gills H biushcl, May corn recovered g 3.4 cenU of the loss. \ liei.t prices ralhed to range from 1-2 cent a bushel to six cents higher than on Wednesday. Meanwhile, u surrey by the Nu- + L ______ loniil Association of Hduli Grocers showed Hint Ihe big brruk In the commodity markets already has re- •ulti'd In "substiinlial price reduc- lons" nl retiill grocery nicies across he iintkm. I'rliT ciils >ii'n> reported mi flour, biirnii, hum, 1,1ml, vi'j.rt:ililn sliurtrniiijt, ruuN, hulter, pork »iid h> Mime msc« bwf. 'I'lic price ol corn for delivery In Muy dropped today to $1.01 1-4 a bushel, u nose dive of 7:1 1-2 cents since Jun. 16, when It hit an nlinini: high. July corn, too, dropped tho limit, along with soybeans tor delivery In March and May. May wheat dropped B cents at the opening of trading at Mlimc-iipoll», and 4 1-3 cents at Knnsa.s City. One huge Kiiilu brokerage said today It saw little- iriison lo change ILs prcdlcllon that corn prices would sink still lower. Another firm said "lack of confidence" In the coiumoillly imirkelK fillll provalls. A tlihd brokcrase snld there probably would l)i> mnny false milieu before Ihe markets are stabilized. Reports from tlio whcnl bell said fiivmcrs luid .shipped some- grain to Farm Program Changes Urged Sweeping Rcvisioni Contemplated for Price Supports By Dayton Moore4 I'lnKcd I>re* SUfc Corrrjpeimenl) WASHINGTON, Feb. 13. (UP)-l Some farm-bloc senators today advocated sweeping changes' In th» government's program forv»upport- I»R farm prices. ; .• The were proposed In t dilative dralt of a bill providing for a long-range farm program. Tho ?scnl support price ntw Proponents ot tho legislation said Its main purpose In to stabilize farm income mid production They .iald It would work out so that farmers would be guaranteed at least 11 per cent of the national Income, -nils Is about thrce-miarters or their normal share or 15 per cent. *^ The proiwsal calls for these two main changes In the present xys- tom or supporting farm prices' I. Changing the method of calculating the so-called parity price for various (arm commodities 1. Reviling Ihe way of applying this parity to dctirrulne wheat price th c government will guarantee the farmer for a particular commodity Tarlly Kormlil. Re-Defined Parity price-under both, present syslepi — Koiscr-Frazer Dealer Named For Blytheville Bob Lee Smith and Carl Wallace, owners and operators r,f the 61 Implement Company here, have been appointed authorized agents for .the Kalscr-Pra/er Motor Cam- aiiy In Blytheville. Mr. Wallace staled that the home would be located in the same build. Ing with the Implement company on North Highway 61 and would be known as Ihe 111 Motor Company. The Implement company will continue operation under Its present name. Mr. Wallace stated. D. f. Fatten, Formerly Of BlythcYille, Dies D. B. Patton, former Blythevillc resident, died yesterday In Jonesboro, where he, had resided for the pasl 12 years. Sen-Ices will be conducted there at 3 p.m. tomorrow Mr. Patton was vice commander of Dud Cason ?n«'_ « r.-_ _hc American Legion while here. After moving to Jonesboro, he became Fifth District commander ai.d at the time of his death was a Fifth District executive commiUecmaii. While a resident of Blytheville, Mr. Patton was In the Insurance business. He was engaged fn the feed nnd hardware buslnes* »t the llm« ot hta o>«Uv tfe J rid the new prfpo- ' sal— [g defined In terms of ' purchasing power. It; is the 'amount of money the farmer must get for hla nrocluels so they .will have the samn purchasing power, In terms of what' the farmer has to buy in the way of elothe.s, shoes, etc.— as they did In a so-called bine period. Two major /''change.* would "b« made. In the method of calculating parity. The base period would be a "moving .'one" of t_he' preceding 10 years. ;.t't' n8w- Is 'tho five years 1009-1911 for most farm commodities. ; • And the cost ot hlrec' labor would bi! added as « factor In figuring the cost of things farmers must buy. It ti not considered now. In using purity to support farm prices, thc government now guarantees the farmer a fixed percentage of parity tor each unit of a particular crop. For most crops, It 1.1 !» per cent— the minimum set by law. The national total income of farmers Is not considered. The proposed plan calls for a sliding scale of government support prices, depending upon the available supply of a particular crop. The new support price would range from 60 to 80, or maybe even 100 per cent or parity. It would go down as the supply— carryover plus current production— of a par- tlular commodity goes up. Sill! May 'Limit Acreage In other words, when crops arft short, the support price would be high. When there arc big crops, thc support price would be reduced. This Is not done under thc present system. Advocates on the plan believed Uits flexible use of parity prices would result In stabilizing both farm Income and production. For thc past 20 years, farm Income has averaged around IS per cent of the • total national Income. Proponents said the profwseit new plan 'would assure rarmers a minimum of about three-quarters of their' normtf Income — or about M per cent of th p national toW- On some crops, such as wheat and cotton, the government now can require tanners to limit acre* age and production, before a price- support program Is put Into effect. Under the proposed plan, acreage restrictions nnd production quo- las would be used "only as a last resort." ' Schoolmasters Hear Finance Discussion Crawford Greene, director of the Division of Finance of the State Department of Education in Little Rock, was the rlnclpal speaker at the monthly meeting of the Northeast Arkansas Schoolmasters Association in Wilson last night. Mr. Greene addressed members of the association on Ihe. financial problems facing the school now and for the coming year. Mr. Greene was formerly of Blytheville, having served us superintendent of schools here from 1929 to 1935. The dinner-meeting was held In the cafeteria of the Wilson High School with members of the school faculty In charge of the program, The association voted to hold Its next meeting »t the Ark»n$as SUt« Coll««« In Jonei&oro Mu. M.

What members have found on this page

Get access to

  • The largest online newspaper archive
  • 8,900+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free