The Courier News from Blytheville, Arkansas on October 29, 1947 · Page 4
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The Courier News from Blytheville, Arkansas · Page 4

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Blytheville, Arkansas
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Wednesday, October 29, 1947
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Page 4
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•roui Foreign Aid Hay Require Grants $2 Billion Outright Gift to Europe Looms; Rtit to Be in Loom BY-*.'H. SHACKFORI) (Ifnilrd Press staff Correspondent) "WASHINGTON, Oct. ». tup)— The administration believes tint more than one-third of the estimated »6.000,000,000 needed for the first year of the Marshall Plan will h»ve to be in outright grants rather than loans, It was learned yesterday. It Is working on a plan whereby It hones there would be some indirect benefit to this country from those granUs. It would not be a return to the United States in money, but rather the funnelling of foreign money into constructive foreign rei covery projects whlrh iri the end should cut down demands on the United States. Under such a plan, the countries which Rt-t relief supplies provided by American funds could sell them to their own people. But they would be required to place the proceeds— the francs, lira, pounds, marks, etc.. —into special funds. Such funds then would be used, with U. S. approval, for economic reconstruction projects In the country Involved. A similar plan is now in effect in the countries receiving fund.'; under the U. S. foreign relief program and in Greece and Turkey. Those pro- srair.s provide than' when Aifie'rl-. can relief suppllea sre aold in the recipient country, the'local currency received U earmarked for additional relief and relief work within the country. The 16 Kuropean nations which participated in the Paris Economic Conference estimated they would need $20.400.000,000 from the United States during the next four years. But officials are primarily concerned now with studies of the $6.000.000.000 needed for 1848—admittedly the only estimate that can even be close to realistic. This is apart from (he »1,100.000.000 in stop-gap aid to Europe which the administration is expected 'to request from the special sej- sion of CongreJis convening No;'. 17. May Attempt Reductions Senate Democrats hoped to get action on stop-gap aid before Christmas. But Sen. Tom Connally, D.. Tex., conceded that some Republicans and Democrats' might b*r expected to attempt whittling down the figure if it approaches the anticipated billion-dollar mark. In Boston, 'Chairman Robert A. Taft, ft. O., of the GOP Senate Policy Committee predicted that Congress would complete work on stopgap aid for Europe—and possibly on some Marshall Plan funds—before adjourning for Christmas. An administration source, meanwhile, revealed that some Republicans already have urged the S!acc Peparlnjent to wrap up the stopgap aid program with the Marshall Plan. This vould mean that the emergency bill would-be deducted from the Marshall Plan total. 1 As of now. no final decisions on how any of the Marshall Plan money Straus Memorial to Be Dedicated re- or President Truman will receive th« Oscar S. Straus Memorial Washington's newest monument, on behalf of the government nt iti dedication in the great plaza of the new Commerce Department building. The staluc, conceived by John Kusscll Pope, Is In memory of the diplomat, cabinet member, philanthropist who died in 1020. will be made available have been reached. The administration hasn't even decided that total it will recommend to Congress. But there Is powerful support inside the administration and in Congress—especially among Congressmen who went to Europe this Summer—to provide the aid in three broad categories: 1. !"or capital goods (transportation and Industrial equipment) — these needs'should be financed by loans, either government, private or International bank loans. The United States provides mast of the. funds for the World Bank. Privale. 1 investors could not be expected to participate vmtll the Initial states of recovery are over. 2. Raw materials and some machinery such as farm machinery— again most of these can be financed by loans. The Exporl-ltnport Bank is authorized to make such loans for industry. 3. Food and fuel—this Is llw toughest item. None of the existing governmental or Inter-eovernmcn- ta] lending organizAtions can finance these and, since they are basic to recovery, no one yet has found a way to pay [or them except by grants by the U. S. Congress. Elderly Arsonist Gets Sentence Commuted NEW ORLEANS. Oct. 29. (UP) — John G. Hendrick. a 70-year-old husband, got a break today on his two- year arson sentence. The State Board of Pardons com- mutted his sentence to lime served. Hendrick wax convicted last July for burning down an out-building on his wife's farm, after he had refused to turn his property over io her. He said his wile clapped him Into ; the out-building and locked this ' o'oor. He escaped once but was "re- REGENETROL . . . *« Jinjl. control volv» rtiot tlinplln*i Hw whoU |ok »f r<B*n«rol!on. No «ther volvtl t» boHitr wlft. Juit moy« iht honrfl. fr*m *n» poihlan t« th« n*M . . . four RIIVII and th* |°b !i din* . . . •oiily . . . •uhkly . . . i» troubl. «t oil. SIGHALARM i . . Jim Mt ft» IndliMor f>r tti« pr>p*r riming Mm* D«d (• «fi «b«i/t your work, Wh.n il^, 1, tp, th« alarm rln|i lulling y« Io r.».t th* »«lv«. No IIm« wniMd . , . no wm«r waited. Ilfn«l«mi won't | a | you •Regenetrol and Signalarm ace found only on Modern Water Softeners. They make the job of regeneration so simple . . . save Jo much tinn and bother. With them, you know the job it done right. So ... be sure yours is.a Modern Water Softener. It contains MbderneX, the extra high. capacity mineral that not only givej you all the soft water you want, but alto filters out iron and sediment.. . leaves rfw water clear and sparkling. Your Modern \Vater Softener will actually pay for itself through direct savings. There|$_a type and size to meet your needs and your budget, let us tell you more about them. HARDWARE CO.Inc H0t«e OF FAMOUS BPAMDS laSW.MA.NST. PHONE 515 A* • O I I lLl.Lli.lLl 1 1 | | T H I NAME i M r L i i i captured," be .said. Then he burned Ihe building down. Scientists to Try Rain Experiments In Parched Areas WASHINGTON, Oct. 29 (UP) — Army and Navy scientists said yesterday they will experiment, scim with "seeding" clouds with dry Ice in parched areas of the Midwest and New England in an effort to produce rain. Bui they cautioned mat the experiments would be primarily research projects and refused to predict whether they would lleve drought-stricken »re«ji forest fire hazards. Thes e experiments are an extension of work being conducted In lro)>!cnl areas to determine the effect of dry Ice attacks on hurri- caucs. There are only about three Air force planes available for th» tx- periments. These few could not hope Io cause enough rain to benefit crops in the Midwest, an Army spokesman said, The scientists want to lest the effect of dropping dry Ice pellets on various type* of. cloud formations. The seeding of supercooled clouds with dry Ice products precipitation first in the form of snow : and then as rain, but only lr the ' atmospheric conditions are right The experts believe it should be' possible to "seed" clouds that have ' | been lifted on the windward side I o( a mountain range. If this 1 could be done before the clouds I (ASK '>' COURIER NEWS WEDNESDAY, OCTOBBI », 1MT 'Birth of a Baby' for Children in tngland CAMBRIDGE, England, Oct. 29 <UP> - The American inollon picture. "The Birth If * Baby." which caused a stir In the United States *'»^ ccillfitrt yesterday as suitable lor showing to the children of .Cambridge. It allowed In London for several weeks under an "A" classiflc.itlon — jiiilnble for adults, only. When It arrived here, the Board of Review, Includlnc three married men; three married women and the chief constable, saw It and said they .saw no reason children should no (, ), e admitted too. Head Courier News Want Ads. move away from tne range and tiaporate Into the dry air, valuable mixture could be stored' on the watershed that olherwls- would be lost. The sclcnllMj have reports from Australia that such experiments worked over a mountain ran^e near Sydney. They reported that 15 minutes after seeding vith div Ice, rain fell. ' Gen. Clay fteque*<« Retirement in 1948 BERLIN, Oct. x. CUPJ _ oen. Uiclu* D. Clay, American military govtrnor In Germany, slid yesterday that he had asltid the Army to retire him in the 19« calendar year so he cluld '(tilt sll Army and public life «nd "*o cal- flshlng In Georgia." Disclosing his request for retirement at. a press conference. Clay said he expected to keep his post as military governor for "• substantial length of time." He added that his retirement wn» »ixr- haps many months away." While tail deer signal, to their kind of meant of their white ll«z, or tall. for Comp/ete Protection Againtt All INSURABLt HAZARDS Phone 3545 W.J. POLLARD AGENCY Glencoe Hotel Bid*.. ' 124W. AihSt. THERE MUST BE A REASON WHY IT'S THE MID-SOOTH'S LARGEST SELLER All, VEGETABLE FITZPATRICK'S WHERE GOES WITH You'll marvel at the beauty of the fine jewelry in our superb collection. And the lower prices moke every one an outstanding value. > \ V /? 11BER AL CREDIT TERMS 62.50 A MAN S DIAMOND ONYX BIN'G. TERMS I lADY'i tIRTHSlONI 9. T 8 RING. C6EDI7 URMS C DUMOMD WEDDING S7Q5I COM6INAIION. 15 IUDGET TERMS D MANS 1IRTHSTONE $19.75 RING. EASY TERMS I MATCHING COSIUMI $1.22 PIN AND EARRINGS CREDIT TERMS F DIAMOND ENGAGEMENT $30 7C RING. f-tr.fj TERMS G. HANDSOME ACCES- S0!5 SORIES FOR MEN. £ MJDGET TERMS H. BULOVA WATCHES IN A SOJ7S VARIETY OF STYLES. TERMS FITZPJ^TRICK 'JEWELRY STORE /t Tafces On/y 3 Minute, to Open an Account Equitable ( Llfelngurince Society of United States GUY TREECE JOE ALEXANDER, Jr. US W. Ash 8k Phone 3M1 I.Utrn to "Thlj li your FBI* Fridayi 1:3* p.m. WMFB City Radio -Service• Dial 2407 T*t ltt tut Main It Felix A. Carney We clean and dress per- fectly all types of Suede, Buckskin and While Shoei. Careful, high grade work with the finest materials Insure satisfaction. H-flLT€RS QUBLITY SHOC SHOP 121 W. M P I N ST. FARM LOANS At Lowest Rate of Interest Quick Service A. F. Dietrich United Insurance Agency ' 160 S. 1st St. Ingram Bid*. ; We Guarantee RECAPPINQ with Hawkinson Tread* Let Your Next Tires Be GENERALS Cost More — Worth More MODINGER TIRE CO. 416 E. Main Phono n«l FOR SALE 4-in. Concrete Sewer Tile Concrete Culvert Tile Size 10 in., 36 in. A. H. WEBB Hwy. «f at State Line Phone Bljtherllle 7(4 FOR SALE Concrete Building Blocks Aquella Water Proofing Paint 12-48 inch CONCRETE CULVERTS plain or reinforced Osceola Tile and CULVERT CO. We Deliver Phone 691 PEERLESS CLEANERS Now Headquarters For Guaranteed • Rug Cleaning • Curtain Cleaning Dial 2433 116 S. Franklin St. RADIO REPAIR 1 AND » DAY SERVICE ON ANT MAKE OR MODEL. RELIABLE WORKMANSHIP. , PHONE 2642 We call for and Deliver FRED CALLIHAN Electrical Appliance Co. Aathorlzed Motorola Radio Suloi and Serrln • IK South Flnt St. CLUB 61 ! 1 !!'. - Ar i Dine and Done North ^ m Open 6 Nightweekiy Orchestra Ererj Wednesday Nljthl OPERATED BY GENE POWELL Dial 2231 For Free Delivery on All Staple and Fancy Groceries Quality Meats Fresh Fryers (Live or Dreaaed) Freeman & Henley GROCERY 2016 West Main St. Allen Pickard's SHOE REPAIR SERVICE • Surplus Army Goods • Supplie. • Shoes 5« u t»~ th. T erj h*t In Army M^ta item. Nearly n «w—Re- »^H-T» Be ReMK. Haniredf for •.!«. QMBtity PH«*. AraU- aM*. EAST END 1T2 Lilly Street Vt Block South East Main " Still & Young Motor Go. Phone 3479 Lincoln-Mercury Deafer BlytherllW Ark. 112 Wahiat 9L

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