The Courier News from Blytheville, Arkansas on March 3, 1948 · Page 14
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The Courier News from Blytheville, Arkansas · Page 14

Blytheville, Arkansas
Issue Date:
Wednesday, March 3, 1948
Page 14
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' PAGE BLITHE VILLB (ARK.; COUK1KR NEWS Cotton Growers Study Price Plan Government Seeking New Pprity Policy To Replace Old Act Br Berawd Breiuur tTnlfed Priv Staff. Correspondent ATLANTA, G»., March 3. (UP) — Cotton Partners studying congrcs- •kxul and administration long- range farm proposals will find a program of somewhat lower support prices, high production goals and high total income. A recent senatorial subcommittee report recommended an equal Income plan under which support prices would be low In good years high In b«d years. Th« Department of Agriculture recommended a modernized parity price and production to meet more domestic demand than before the war. Ten million bales a year will be needed at home, the department estimates, with 3 1-2 million bales for export. The modemiied parity price for cotton »how 5 the Influence of the Improvements In cotton trowing methods made with the years alnc* 1910, and especially since MM. Parity for cotton, figured by In: present formula, was lower limn the modern parity figure until tint year. Plotted on a graph, the two figures met in that year. In 193'2 the modern parity line went under •nd remained there. The difference haa averaged about two cents a pound. (Modern purity figure.? in this case Include cash wages paid to farm hands, but no separate nl- lowance for unpaid family labor) The parity price Itself h Just the beginning in a farm price support program. Cotton currently Is supported at 92 1-2 per cent of parity, but under current law this can continue only through 194«. Unless « new act Is passed, a 1938 law will return to effect, with Its provision that cotton, wheat and corn oe jnipported at between 52 and 75 per cent of parity. USDA officials say this gives them enough leeway to operate—in the spirit of the senatorial "equal income" proposal—with high support prices in thin crop years, low jirlc- e» in time of surplus. With the old parity formula, cotton prices on the market fell below 75 per cent of parity 12 times In the last 27 years. With the modern formula, prices dipped below the M per cent murk nine times In 27 yean. At 60 per cent of modern parity, the market would have been above the support price in nil but, a few years. World Price a Factor Another factor that will be weighed by Congress in the world cotton price. If American cotton is supported at a price above the world level, the government must buy from farmers at the support price. sell overseas at the world rate, and pocket the loss. If the support level had been as low as 80 per cent of modern parity, that would still have happened in several years. The USDA has proposed setting some kind of a rock-bottom price floor. Officials say their studies indicate that JO per cent of parity would not be enough to keep the shirt on the farmer's back, and 90 per cent "might force us into a completely managed economy." Somewhere between, Congress will find an answer, probably in IMS. Buttons-Buttons- Deetnof US. Woman Investigated in Cuba HAVANA, March 3. (Up)_p 0 - Hce and the American Embassy Investigated yesterday the death of an American woman Identified as Mrs. kula Nash S|)radlfng, 58 whose body wu found Sunday morning on Varadero Beach, 40 miles East of Havana. Mrs. Spradling was Identified as a former Kansas City, Mo., civil service worker In the Bureau of Internal Revenue who came to Cuba late last year on a vacation. Varadero police said their autopsy disclosed traces of poison. They said Mrs. Spradling arrived at the Summer resort late Saturd»y night by bus In company with her husband, Jesus Cost*, a Cuban many years her Junior whom she married In January. Embassy sources sald'Mrs. Sprad- Senator Glen H. Taylor, Democrat from Idaho, third parly candidate for the vice presidency, displays hts Wallace campaign buttons at the formal opening of headquarters of tlie National Wallace for President Committee, INEA Tclcphoto) Vandenberg Stays Silent On Nomination WASHINGTON, Mllr 3. (UP)— Seimlp President Arthur H. Vandenberg yesterday in-olectcd his strong position us a potential compromise Republican presidential nominee by refusing R yes-or-no Answer to the big question us to whether he would accept. Raymond A. McConrvMl, Jr., editor of the Nebraska State Journal, asked Vanrtenberg by tcle- grnph this point blank question: "If you were nominated by the Republican convention would you accept?" Vandenberg replied that the "unknown ultimate events" of the future iiuulo a yes-or-no answer impossible. Vnndcnberg In the past has repeatedly sn!d he would not. seek the nomination or connive at a "draft." But hU action today kept him in the apparent ranks of-those "available." McConncll had advised Vandenberg yesterday that a bl-partlsan Nebraska committee would enter his name, among others, in the state's April 13 preferential primary unless the Sennle made It clear that, he would not accept a tendered nomination. McConnell Is committee chairman. The Senator accompanied his reply with a renewed plea that his name be left off the ballot. His telegram said: "I decline to speculate with utter Improbable contingencies. Your question defies Intelligent answer without full knowledge of unknown ultimate events." Narcotics Agents Sofve Nashville Drug Case NASHVIUj;, Tenn., Mnr. 3. <UP) —Federal Narcotics Agents today believed they had solved the "biggest case In Nashville history of a druggist selling narcotics without a physician's certificate." The arrested James P. Arnold, pharmacist and drug store operator, yesterday to end what. Nat B. Williams, agent In charge, said was the climax ol a six-year investigation Arnold was relcnscd on 510,000 bond pending' a preliminary Fed- crul Court hearing this afternoon on a charge he sold dilaurilrt, a derivative -of opium and four times BS powerful as morphine, without a prescription. Publisher Has Detectives Investigate Attacks on Him; Distrusts Police PENSACOLA, fin., March 3 — <U1>> — Newspaper Publisher Kenneth Jirou'ii, who Is at odtfs with the local iwttce, today had five Nca- Orleans detectives Investigating acts of violence directed ngaliisl ling's son, Robert Spradling, Pittsburgh, hurt been notified by telephone of his mother's death Police prohibited burial services pending outcome of the investigation. A spokesman for the national police In Havana said Mrs. Spriuillnij had drowned and that it was believed her young Cuban husband liaci ended his own life with her In a suicide pact. him. Blown said he had no conlldcn/c In the local police and said "I ft m getting no cooperation from them," Se said he believed a scries of attacks on his home and office Including the firing of a ahotgun through windows, were connected with recent editorials criticizing the ]»ltco department and Hie city hospital. The editorials were published In Brown's paper, the Pcnsacola Weekly Times. Tr* addition' < phorus compound* to fuel treated with tetra-ethyl lead checks the unsparked '.811111011 due to the lead without reducing Its anti-knock l>ropcriic.s, according to » recent, patent. WEDNESDAY, MARCM |, lva | Heartburn J 111 >• or ICI.II II 1*1 tie v> u, l..TOWy U« S i KU.-ANS for Acid todige$tiM2^ Don't Forget the Big BINGO PARTY Wednesday, March 3, 8:30 p. m. attht LEGION HUT Admission $1.00 Sponsored by the Ladies of the Catholic Church Get your cor set for wonderful days ahead It's time to rid your car of winter-weariness and restore it to clean, responsive running condition. Then the first nice Spring day thai comes along ... you'll be set to hop in and go ... set to get (he mosl in comfort and pleasure from your car. Pick-up and Delivery Service Phone 519 LEE MOTOR SALES GMC TRUCKS — OLDSMOBILE 307 East Main Street Spring Suit Tailored by HART SCHAFFNER & MARX Exclusively at MEAD'S PICK YOUR STYLE, COLOR AND FABRIC FROM 35 SHORTS TO 48 PORTLY LONGS Hard finish worsteds, sharkskins, lustrous gabardines, soft flannels, rugged tweeds in single or double breasted models. You'll find your Hart SchafFner & Marx suit and you'll buy America's finest dollar for dollar clothing value! $40 to $75 -I'"* ill MAIN ITKIlt

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