The Courier News from Blytheville, Arkansas on November 12, 1947 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

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Wednesday, November 12, 1947
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BLYTHEVILLE COURIER NEWS THE DOMINANT NKVVSPAnfo ns> unnTuviK-r .>,,-..,, ^^"^ ' • ""^ VOL. XLIV—NO. Blytheville Courier BlytbevUJ* Daily New» Mississippi Valley Leader Blytnevilla Herald Profits Probers Get Details on Big Bond Deals Committee Seeking Facts on Hughes' Offers to General WASHINGTON, Nov. u. (U.P.) —Retired Ma]. Gen. Bennett E Meyers testified today that he I bought $4,000,000 of government bonds on margin during the war after getting from former Secretary of Treasury Henry Morgen- tliau. Jr.. the impression "that 1 could not go wrong." Thc wartime Air Force procurement officer told a Senate Investigating subcominltt.ee he got tliis Impression at a conference with' Morgenthau and Chairman Mar- rlner S. Eccels of the Federal Reserve System. The subcommitlec Investigating $40,000,000 of war contracts awarded to Howard Hughes, went into the bond deal because the West Coast planemaker had testified Meyers tried to borrow $200,000 for margin operations. Meyers snid r thls and other charges voiced by Hughes were "unadulterated lies" He said that what really happened was that Hughes offered him $250,000 for bond purchases but he turned it down. Confers With Morjentbau Meyers said he conferred with Morgenthau. and Eccles about investment of funds belonging to a couple of service welfare organizations, the Army Emergency committee and the Air Force Service Committee. The general, as trustee of these lunds, brought up the advisability of putting them into government bonds. He did not. Meyers testified, lell Morgenthau and Eccles that he .intended to invest in bonds himself He said the officials told him he "could not go wrong." and subcommittee chairman Homer Ferguson, R., Mich, asked: "The whole theory was that the bonds would be supported at par level and therefore you couldn't lose!" "That was the Inference I got" Meyers^eaid. ;. ' The general said he mentioned the bonds-on-margln method of "making money" to Gen. H. H Arnold, wartime Air Force chief He said he told Arnold that he THE DOMINANT NEWSPAPER Of NORTHEAST ARKANSAS AND SOUTHEAST •MISSOURI 1 " " ~ '" " BLYT11KV1U,K, ARKANSAS, WKUNKSDAY, NOVEMBER 12, 1947 would give it __ __„.... Meyers told the "subcommittee his method. He said he borrowed money at one per cent and bought bonds on one per cent margin, with the banks putting u the remaining 99 per cent. Bond Deal Disclosed The bonds, short-term Issues maturing in 1852-1954, bore two per cent interest, thereby assuring him n net of one per cent, Meyers said "Then you could double your money in a year?" Ferguson asked. "That is correct . . . plus the value of appreciation If the market value went up," Meyers said. Meyers said he and his family bought a total of $4,000,000 worth of the bonds. He said the initial purchase was $2,000,000 of two per cent bonds. He mlded that these had been Sec HUGHKS on Page 16 Merchants To Discuss Plans for Fair » Members of the Blytheville Re' tall Merchants Association will meet in City Hall at 7:30 tomorrow night to discuss possibilities of increasing th e number of commercial exhibits to be displayed at the 1848 Northeast Arkansas District Fair here. Murray Smart, president of the Association, today said the possibility ol staging parades here during the Christmas hollidnys will also be discussed. The merchants will discuss a plan that calls for devoting the en- L n ii Exhiba Building at Wal- Ker Park to commercial exhibits. This would result in a visual business directory O f Blytheville firms 5™ thclr Products Thousands of Pair visitors from Northeast Arkansas and Southeast Missouri annually view exhibits at thc district exposition. Exhibit Building 5 has a hou5 h ed 'bo'th commercial displays and exhibits set up b v farm and home groups ||ln a talk before thc Rotary Club J»ncre Oct. 9. L. H. Autry of Bur- octte. president of lh c Mississippi County Fair Association, lisle* as contemplated Improvements at Wnl- kcr Park Ihe construction of a women s exhibit building. This, he pointed out, would leave the Main Exhibit Building free for housing commercial exhibits only. Rotary Club to Hear Gathings at Luncheon ,..?. r , I) ., E :_F: '!° 010 Gainings of ers present a re- gated the food situation there. His talk here Is the last of a series of addresses on his European trip. The First District congressman will leave for Washington, D. C., late this week for the opening Striking Students Hang Superintendent in Effigy On Columbus, Go., Street COLUMBUS, G»., Nov. 12. (UP) — Some 100 angry students of Jordan High School hanged City School Superintendent W. H. Shaw In effigy today on the second day ol a strifce In protest against the firing of the basketball coach, B. r (Shorly) Register. Some 200 students were still absent from classes on the second day of the strike. Yesterday students had marched down the city's main street, chanting "Down with Shaw." Living Cost Hike Looms in Britain High Official Offers Proposal to Remove Food, Clothing Subsidy LONDON. Nov. 12. (UP)—chancellor of Ihe exchequer Hugh D.il- ton was scheduled lo present to the House of Commons today a "crisis budget" that may stir up a tempest in the ruling Labor Party because It reporledly will remove I clothing and food subsidies in whole or part, and raise tile cost of living 10 or 15 per cent. Late last nipht, Cimmons approved on second—the crucial reading, the Labor Party's bill that will hold up a measure that has passed Commons. Winston Churchill charged it was "another step toward dictatorship." but Commons defeated his motion to reject the bill 34S to 194. A little earlier, the labor government had announced Britain's first peacetime labor draft order. Under it, 500,000 to 750,000 Britons, ranging from peers to hatchcck girls, may be drafted from unessential jobs or idleness into essential occupations. There actually was no advance, official information on the nature of the crisis budget, although reports were widespread that it would remove partly or altogether lood and clothing subsidies lo "mop up" inflation. Fear Hike In Living Costs This, it was said, would raise the cost of living lo or 15 per cent. Trade union leaders said the inevitable result would be another costly wave of strikes, since food already lakes 35 to 40 per cent of the working man's pay. Moreover, the unions charged "'ton does tamper with sub will do so al the Insisteh conservatives'.•' la-- Ifcte ;;o. , union" leaders recalled th.. . government tobacco "ration :e." Prices were raised so high, they said, that tobacco became too deur lor working people, but the well-lo-do can still afford to smoke. Labor Party leftists have protested that rationing by higher prices is "deleatist" and the very antithesis of ,the Labor Party's creed. /Work or Go to Jail Decreed /The labor draft law will go into effect on December 12. All men from 18 to 51 and all women from \ 18 to 41 "nol making a contribution lo Hie national well-being, "must register, or make themselves liable to a $2.000 fine andior two years in prison. It was aimed mainly at "spivs," a group of shady characters who exist by making books, selling in the black market and similar activities. But peers, ir they are not engaged in produclive work, writers, doormen and hatchcck girls in nightclubs nnd carnival workers must register. A labor ministry spokesman said the order will not apply to chorus girls and other proressi'oiial c-nter- laiueio and musicians. Those conscripted will have the choice of going inlo the coal mines, into farm work, textile production or other industries that the government considers essential to its "export, or die'' program. Marshall Asks for $597,000,000 SecreUiry of {jtnle George Marshall, left, comers wllh his lo,, aides, Lewis Douglas, center, U. 3. Am- bassndor to Great Britain, and Undersecretary of stale, Robert A. Lovell right, during a Joint session me senate Foreign Relations Committee and the House Foreign Affairs Committee. At this meeting In Washington, the administration nrp.smiteri 11* f,,-ci rm-... n , »i^« *«.. i,_ ,^. ... pro to.' . ----.-__---„... ^"•"••""n^'-.ni'LiiLnmtuuiiui.n he admlniriralton printed Ms i.rst formal plan for Its European aid programs. (NBA Tele- Plucky Pilot Brings Flaming Luxury Plane Down for Safe Landing in Gallup, N. Mexico WASHINGTON, Nog. 12. (U.P.)-All airlines lls in K Don K las DC-6 planes grounded ess trin"i?"' y ? t0 r ay U , nUI R Can be ^frmlncd what cniwe two fires in f™ K ht in less than three weeks. Five domestic lines and the Beligian Line Snbena took the action on the recommendation of the Douglas Aircraft Company itself ' thc?G5QO °' 000 flcct ' of I )la " C3 ' "'eluding President until De Gaulle Voices Fear of Russia French Leader Sees ommunists as Foe Worsfe TKan Hitler' MARSEILLE, -Nov. 12 (TJI'I — Communist -led demonstrators hlirsl into Hie Marseille City Hull loday and beat Mayor finrlinl, who was elected on (In- IV Cnullisl ticket in (lie recent municipal elections, anil several other persons. By JOSEPH W. GKIGC. (United Press Staff Correspondent) PARIS, Nov. 12. (UP) Gen ** • Investigations Launched • • GALLUP, N. M., Nov. 12 (UP) — I Investigators swarmed over an 1 American Airlines DC-6 plane today, attempting to lenrn how thc big four-engincd ship caught fire while in night, yesterday. It was the second time within three weeks that a DC-G had caught fire. Last month, n United Airlines plane crashed nt Brycc Canyon with n loss of 52 lives after the pilot and crew fought to keep the ship in the air ngalnst a fire which destroyed itS controls. The Investigation under way to day might provide n clue to what happened In both mishaps. I'rompt action by Cnpt. W. Chatfield. Tulsn, Okla., saved the ship with Its 21 pnssenycrs and four crew members ycsterdny. He landed :t safely at Thunderblrd Field here despite thick smoke which hampered vision from his flight deck. The plane was en route from San Francisco to New York with n stop nt Pedestrian Hit by Car; Dell Man Under Arrest H. G. Marlindale oi' Dell was placed under $1000 bond in Munici-' pal Court this morning nrter he pleaded guilty to a drunk driving charge that arose from traffic accident late yesterday In which Hugh Smith, 22, was injured. Mr. Smith, a grocery store em- ploye, was struck when Martindale's ! one-ton Ford truck struck him and sideswiped a new Buick belonging to Fred Dean of Number Nine. He was taken to Walls Hospital for treatment and was dismissed last night. His injuries are not regarded as serious. Mrs. Bean said today that she was parked in front of Luttrell's (•-ocery and Market on Highway 61 near Chickasawba Avenue about 5 p.m. yesterday when Martindale's truck hit her car and struck Mr. Smith, who was loading groceries in it. Municipal Judge Graham Sudbury continued Martindale's case until Saturday for Judgment. Ark-Mo Power Company Bond Hearing Scheduled LITTLE ROCK, Ark , Nov. 12. (UP) — The Arkansas Public Service Commission will hold a hearing at 2 p.m. Monday on an application of the Arkansas-Missouri Pow- I er Company o f Blytheville, lo sell Great Britain and France lo stein world Communism and promote the reconstruction of Europe. Addressing his first, press conference since the landslide victory or his rally o r the French people- in the Oct. 19, nationwide municipal elections, DC Gaulle said Soviet Russia was n greater threat to France's existence than any power in history, including Adolf Hitler's Germany. Asked if he believed World War III was in the making, De Gaulle replied: "It would be crazy not lo look facts in the face and not to keep our eyes open to realities. A new war is a possibility. It is only R possibility, but we must face that possibility and prepare for it." Asked if he believed his right- wing movement could take power in France without a civil war, DC Gaulle said "I don't believe public opinion in this country is directed toward civil wnr or armed violence. But ir it, should come, force must remain on Hie side of the la-,%-." French Communist newsmen appeared to have boycotted thc conference. Calling for the United Slates British - French alliance against communism, he warned. "France todny fs probably the most seriously threatened nation. We arc confronted by a foreign |»wer much greater than any oilier In history — greater than that ol Charlemagne or Germain- or Wilhelm II or even or Hitler. The threat Is all the greater because thnt organization exists inside our own state. "It is natural," he said, "that, those who arc menaced should organize against the worst eventualities. That Is why ive must have complete agreement with other powers such as the United States and Great Britain ill Ihe form of a treaty which would be concrete and broad and in which each should have its own advantage ami make its own contribution, not as beggars but as equals. And it Is France as the most threatened nation that should take the Initiative in such an alliance." H c also sligscstcd a Franco-Kalian alliance lo right Communism and reorganize Western Europe. Weather T, , , j Joiner Man Dies In Memphis Hospital Ira E. Thomas, So, of Joiner died Sunday afternoon at Kennedy Veterans Hospital in Memphis, where he had been a patient fnr two weeks. He Is survived by his wire, Mrs. Mozella Thomas; his father, Sam Thomu ol GaUlii, m. I As result of the Incident. |]ie I plane's mnmifactuiers. Douglas Aircraft corporation, sugyesled Hint all airlines withdraw their DC-fi's | from service until all possible lire haznrds linve been eliminated. Four airlines. American Branift, Uniicd anil National, already had pulled theirs oul of service. Experts from the Civil Aeraimu- t lies Board, various airlines, Uoug- | las. nnd the Airline Pilots Association (AFL) began an inch by inch examination of thc plane to determine where thc fire started, what started it, and what course It was following through the ship. The plane was impounded nfter Ihe passengers were removed nnd was gunrdcd closely by watchmen last night. I The Federal Bureau of Invrstii-n- (ion was expected to Investigate also, (o determine wlicthcr thc plane had liccii sahiilajeil. ChiUtleld landed Hie plane ere five minutes ->ftcr the fire was discovered. "We discovered the fire no more : than five minutes afler we had passed over the Gallup airport," he I .snid. "We circled nnd cnmc In from thc North. Thc cockpit nnd cabin were filled with smoke and I couldn't see very well. "I knew when I passed the end of^thc runway but I couldn't see The smoke was so dense thnt Chatfield missed the regular concrete landing strip and landed 100 feet to one side. The passengers praised the crew for their airmanship In bringing Ihe plane to cnrth safely. Besides Chatfield, the crew consisted of firsl officer Vcrnon II. Brown nnd Hostesses Evelyn Apilx nnd Marilyn Humphries. All are from Tnlsa. They remained here loday lo answer questions tor investigators. Miss Apitz said Ihsl nflcr thc plane landed, thc passengers—nil adults—s.U Quietly In their scats until n ramp was rolled against the door. Then they filed out in orderly fashion. The passengers laler were taken to Albuquerque, N. M , where they boarded another DC-6 lo continue Iheir flight Eastward. American Airlines said it was thc only DC-C kept in Hie air after thc olhcr ships of thnt type were pulled oul of service last night. The 300 mile-an-hour transports provide luxurious, extra-fare service. Amerlenn flic.-, about 41 of them across the United Slates and to Mexico. United us':.s about 35 on tiansconlincnlal routes and lo Hawaii. National operates about four between New York and thc South. Oilier I'lancs Sulislilufwl While there were certain to DC . disruptions in service, the airlines planned as far ns possible lo sub- Set PLUCKY PILOT on Fa(e 16 Tax Structure Changes Urged Public Expenditure Council Submits., Recommendations' LITTLE HOCK, Ark., Nov. 1!— Recommendations for sweeping re. vision of Arkansas' lax system wll be, presented to members or the Arkansas Public Expenditure Council at its annual meeting here Dec 5 Snm Hays, Little Rock, executive dl rcclor, said yesterday. He explained that council -mem. bers hope the organization's sur\^ will point l.ic way lo elimination o] maladjustments, laxities • and discriminations In the present ta> structure. "We do not say that Arkansn.- tax system will overnight beconn perfect ns a result of this study,' Mr. Hnys snld, "but the rccom- 'inendnlions, If followed, will glv( thc stnte an improved tax system' Mr. Hays said the recommendations resulted from more than * year's research nnd analysis of the Arkansas tax structure. He said adoption of the council' program would not result In eltlie increased or decreased lax rcve hues. "But taxpayers will get, more lor cnch tnx dollnr paid out, and in the long run this represents sav ings lo nil taxpayers In Arkansas he added. Among recommendations to bt made arc a reduction of the clgaret tnx from six cents to four cents reduction of Ihe gasoline tnx; ellm nmtion of double taxation rcsultlni from properly nnd severance taxe ns applied to natural resources elimination of differences bctwcei the Ferlcrnl and state Income In- laws, and revision of tax laws ap plying to intangibles. Prosecutor Charges Trio With Robbery of Visitor Informntlons charging three Lenchvlllc men with robbery have been Issued by H. o Partlow, deputy prosecuting attorney, and filed In Circuit Court here, It was disclosed today. The defendants are charged with having robbed Murrel Spencer of Pontinc. Mich, of $895 near thc stale Line recently Tiie men are George Robert McCain, 27, whose bond was scl at SI.500, and Jewell Dates, 28, and Jesse Fleeman, 25. Bond for Oates and Fleeman was set »l (1,000. All three men ar c In Jail. New York Stocks 2 p.m. Slocks ! A T anil T 154 3-8 Amer Tobacco 693-4 Anaconda Copper 35 1-8 Beth steel 89 1-1 Chrysler 61 3.4 Coca Cola 189 Gen Electric .153-8 Gen Motors 59 1-t Montgomery Wnrrt ... 573-4 ! N Y Central 13 3-4 jlnl Harvester 88 1-2 j North Am Aviation 8 1-8 Republic Sicel 27 1-2 i Radio 9 3-8 | Socony Vacuum 163-4 Sludebakcr 203-8 Standard of N J 17 3-4 Texas Corp 58 1-4 Packard s 1-H U S Steel 75 J-4 Marshall Urges Prompt Approval Of Huge Loan $597,000,000 Termed Minimum Figure for France, Italy, Austria WASHINGTON, Nov. 13. (UP) — Secretary of State George C. Mar- Minll said today that protupl approval of $597,000,000 In emergency »ld lo Franco, Italy anil Austrln In Imperative unit mnile u c tenr that this Is the rock-bottom figure. Marshall testified before Ihe House Foreign Affairs Committee »* his request for $2,567,000.000 in new funds lor aid lo Kuropc and Hie Fur Rut din-Ing Uu> nfx i SOV eii months bumped into slrong H< piibllciins opiiositlon. Chairman Hobcrt A Tall of II.- Sonnle Koimbltcun y'ollcy Committee culled Ihe proposals "excessive" and snid lie wns "nbsoliiU-ly O p- ixwed to them. Marshall told th« House com- mlltee In reply to questions lluil thc figures for Ihe emergency iilr program were "likely lo remnli constant" and not be subject to further revisions. He said the "linmcdlnle problem was Ilnly which win be "at, the end of the lelhcr" bv Dec. 1. Ho snld France's funds 'for expenditures nbrond will be exhausted by Dec 31. The slvorl-rntiRe cmcrp.enc,f nl< program, Mnrshnll sstri. should b enacted Immediately "to keep the pipelines filled." Marshall ngrced "completely' wllh nep Frances p. Bolton. R. O.. who snld It was "Imperative' at this very moment llml we give th» French people" the feelliiK tlm lie United Stnte.i I* supporting them itRnlnst Communism. Rtiiulanx Am Busy Mrs. Bolton snld her recent vlsli lo Prance convinced her that iiiis- »ln was "putting In every bit o heavy artillery, trying lo din- credit m" but that local Frentf election!! were a defeat fo rlhe Communists. Meanwhile, Secretary of Coin mcrcn W. Avcrell Hairlmait told the Senate Foreign Relations Com mltte there were supply problem: for some of the llemii ip thc emcr jjency program but that he w«i "confident that the requirement. can be substantially me." "In my Judgmj fives to meet! a* vastly-to- » difficulties vihie sent." he said t w _ jtawt Hnrrlmnn henrte'fVn i9-rh~rih com mltlee. which recommended $12, 000.000,000 to $17,000,000,000 hi Ions: range aid under the Marshall plan Tli e coming battle concerned no the need for aid but the mnounl Senate and House committees deal Ing wtlh foreign affairs ap|>rovc< ft report holding that Communls- "demagogy nnd sabotage" mnd. American assistance Imperative ti wnr ravaged democracies nbronc Meanwhile, the House Foreign Af fairs Committee was reported glv Ing serious considernllon lo a plni whereby foreign countries would re pny tlic United States In scare materials for nt least part of th American nld they receive. • Hope for Some Ilclurm Rep. Donald I, Jnckson. R.. Cnl who proposed the Idetv, snid I would not Interfere with Europcnn reconstruction. The critical mnler inl.s —- tin, innngnncsc, copper nm lend — would not be delivered lo thc U.S., he snld, until the foreign nations could spare them, Jackson snld It would be easier to win public support for the foreign aid prof-rnm If Amcrlcnns knew they ultimately would get, some return In the form of mn- tcrlnls vltnlly needed for nntlonnl defense. He outlined his proposnl ns administration spokesmen continued the ftght for their long and short range nssi.slnnce plans on cnpltol hill. Marshall yesterday gnve the Senate committee this breakdown on thc money President Truman will ask CongreM to approp>lnte 'before June 30. 1948: Emergency nld for France Itnly nnd Austrln to be expended before April 1, 1048 — $507.000,000; addi- Il9nal occupation costs for Ihe American zones of Germany. Japan nnd Korea. $500.000.000; long range European recovery to be expended next April, Mny. and June, $1,500.000.000; and aid to China for a three month slart on this program, $60,000.000. Heavy frost Reported; Temperature Drops to 29 Bringing Fall's third and heaviest frost the mercury here during last nipht plummeted to Ihe first below freezing reading or Ihe season AS a low of 29 degrees was recorded. Yesterday's highest leniixrature tied n previous rending as the coldest day of the season. H wns 65 degrees, according lo Robert E. Blaylock, official weather observer. The coldest spot in Ihe nation early today was Grand Forks, N. D., were thc temperature drovipcd to one decree below zero. James- loan. N. D., reported zero; Mlno',, N, D., rme above, and Bemidji, Minn.. tvio above. The low spot in Ihe stale—as usual—was Gilbert with 20 degree's recorded. H was followed bj Harrison with 21; Newport end Morrilton 26; Batcsville 27; Camdcn 28; Arkadelphia 29 and Little Rock 30. U.S. Not to Ship Oil to Russians, Or to Satellites WASHINGTON, Nov. !3. (UP)— Russla and her satellites will get 10 part of the 12,000,000 barrels if gasoline and petroleum product* which the Untied Slate, will thlp o foreign eountrlei during th« rest ol this year, commerce de- urtmenl flumes revcnled today. 'Hi* rteiwrtment, which controls oil shipment! through UB power to license exports, announced a joimtry-by-country allocation of the quota for Ihe fourth quarter of 1947, Book Fund Part Of Chest Budget New List of Donors Brings Contributions To Total of $3,145 Supplementary rendeiK fur lllythe- vlllo grade school pupils will be provided by thc $25 set aside on Ihi- 1941-4B Community Oliest Budget for Iho Eleincnlnry Hook Fund, An additional $1,540.60 has been added lo the drive for » total of (2(i,7BO. Thu second list of contributions reported Uius far by noloclta- llon tennis was compiled today. Total reporled to date amount* lo $3.145.f>0 With the $25 received from the Community Chest « new set of supplementary renders will be added Uthe supply of text books fur Blythe. vlllo grade schools, There are at present a total of 16 KcUs of readers uvullnblo lo Ihe primary teachers of Ihe Blytheville school syslcm. The Elementary Book Fund Is headed by Miss Winnie Vlr- gll Turner, a member of Ihe Blyth vllle hlBh school facility. When a new set ol readers Is nrl- dcd. an old sel is remr-ved from the shelves, Miss Turner snld the Slate Department of Rdiicnllon has numerous text books for use In the first through eighth grades but there Is a need for a greater variety, especially In grades one to lour. Additional contributions reported lixlay follow: L, K. Ashcratt ft Comuiuvy . .$50,00 Miss Tressle Allen H.75 Adam's Appliance 200.00 Miss Tlielma Atkins l.bo L, E, Baker 26,'25 W. W. Bryanl, Jr. 15.00 Soviet Ukraine Wins Seat on UN Security Council Withdrawal of Inaltfv Ends Long Fight '• With U.S. the Lour LAKE SUCCESS, N. Y- Nov. 12. <U.P.)_Indi» WitW drew today from the ion* fight with the Soviet U^rkmA- for the llthseatontlieUnfO Nnlions Security Council;*. The decision, announced;^ the press .by Mrs. Viiayi limi Pandit of the In- 5 dian delegation, resolved in Huasia's favor one of? ' thl bitterest American - Soviet deadlocks in the UN General Assembly. It assured ! tin election of the Ukraina V succeed Poland on the Coun% cil Jan. 1. Mrs. Pandit emphasized In hcl withdrawal Ihat India, is not accepting present geographical allocation of seal* on the Security Council which she said "Is so unfair lo Asia and leave such viUJ and well defined areas without ren- resenlatlon In the council." Slie served notice that India proposed to ralso this question formally the election of the Ukra|n« to thn vacant council scat. India's withdrawal w »s a'"febufl for the United States, which prc- clpitated the East-West fight earlj 111 the assembly by encouraglhg a (lu)xirUire from the tradition ;'tha! Knslorn Europe gets one seat besides Russia's on the most Important UN agency. Secretary of Statfr George" - <X Marshall decided to back India after C/.echoslovakla, ordinal American nominee, said It would hot «erv« and Russia indicated a preference for the Ukraine. ?/•> News of Hie Indian delegation'! decision spread relief In many sectors of the UN, where It was contended Quite openly that the United Slates, had created a dangerous and iwrhaps unnecessary addition to the pile of American-Russian dH- ugreemcnlj »l thla assembly '»e»- slon. ^ . . . Paltttlne Isuua Wai Soybeans npen blph low close Nov 36R 370-12 368 370-12 U*r 363 36S ' J63 36* O'. Cash Bill Corctcll E.L. Crouch .". Herman Cross ,.., Courier News Douglas & Dougln* Family Shoji store Gay * Billings, Inc Frank Grigsby S. M. Hood TUoi: as C. Hopper Eugen Henson Hcrrlck's Watch Shop Paul D, Huinnn IOIIC'B Beauty Shop Forrest Jarrett John's Store Jlcdcl's 'Clothing store Ted King Miss Sue Long Arch Lluclsey ., W. C. Morris W. D. Miiyo ! Mls.s Iliith Mrtlln Urs. NIes & Nies New York Store W. R. Oennlng L. E. Old, Jr. i W. O. Penny VV. J. Roilgcrs I. Roscnthnl, Inc VVnyne Skclton DelslE Stewart Ross Elevens W. Leon Smith Miss Alice Sailba C. W. Short Miss Winnie Virgil Turner E. M. (Buddy) Terry James Terry Terry Abst. & Realty Co. ... James L. Verhocff Warren's Grocery Williams Insurance ....... Dr. Floyd Webb A. It. Wallace . .. J. D. Wldcncr H. G. Wcsl Cotton Co Frank Whltworth . . , Cpo. C. W. Wcatherford .... PIcns Yarbro Zcllncr's Slipper Shop ..5.00 ...2.00 7.50 .. .6,0(1 .176.00 ..25.00 . .25,110 ..25.1,0 ..15.00 ...B.OO 2.00 5.00 . ,10.00 .,.5.)0 ...5.00 2.0I) ..25.00 ..75.00 ...l.UJ 2.60 5.00 .. . 3.00 2.50 ...5.00 ..30.00 ..85.00 l.TO .. 10.00 ...1.00 ...5.00 ,26.00 5,00 . . . 5.00 .50.00 .20.00 .10.00 ..5.00 ...3.00 . . 10.00 ..40.iXl ..85.00 ..25.00 5.00 ..25.00 . .60.00 ...5.00 ...1.00 ..40.00 ..15.00 1.00 ..10.00 . .25.00 Dud Cason Post Membership To Exceed Quota Dud-Carson Post 24 of the American Legion has reached 1st membership quota of Ml new members It was announced by Ed Rice, member of Die membership drive committee, at the weekly meeting of Ihe Post in the Legion Hut lust nighl. The quota for the post set by the Arkansas Department of the Legion lo be reached by Armistic Day. Figures on Ihe post's membership drive will exceed this number slightly according to Mr. Rice's report. In oilier business transacted at last night's meeting, members discussed plans for the building of the auditorium which Is scheduled to get underway In the near future. New York Cotton open high low close- Mar. 3375 3380 3364 3380 Mny 3370 3371 3353 33t» July 329« 3297 3280 3296 0:1 302S 3031 3024 3WH rjm ,,,.,, }-}^0 33j0 3341 MJC peeled to be * formal announcement by Great Britain that it would not enforce the Americaai-Boviel, compromise program'for Palestine partition. Partition supporters held ou» hope lor » lusl-nirnute rewmf'-ol Britain's previous refusal to ,p!a.y a major role In carrying out division ol the Holy Land. 2. Delegates of Slav and Latin American states worked out, a compromise proposal for unleashing Ircsh UN condemnation or Generalissimo Francisco Franco and opening Ihe way to Securily Council consideration of sanctions and other nction against his Spanish..dictatorship. Palestine deliberation In the M- scmbly wns slowed down by delay In Britain's answer to Ihe American-Soviet suiinestlon that British troops be used to maintain law and order In thc Holy Lnnd be- Isvcen an assembly decree of par- lilion and the nssmnyiUon of Arab and Jewish independence on next May 1. Three Boys Held Under Bond for Theft in Manila Preliminary hearings for three Manila youths, ranging in age from 14 to 19 years, on charges of burglary and grand larceny were continued until Saturday in Municipal Court this morning. Bonds were set nt $500 each. The three, Ross and Roy Hoyla nnd Donald Cox, were arrested by Lee Baker, town marshal in Manila Friday morning and charged wllh the burglary of the American Legion Hut there Thursday night. They are alleged to have taken between »75 and $100 in cash, several cartons of cigarettes ana some, candy from the liut. Entrance was gained by .breaking the glass in A a small ticket window in the lobby. The outside doors of the building leading into thc lobby were Itlt unlocked, Mr. Baker stated. The three boys were arrested on the streets of Manila Friday morn- Ing, he said, and at the time of their arrest they had $44.21 in Uieir possession. W.C.Cates Elected President of Real Estate Board W. C. Catcs was elected president nt the Blytheville Real Estate Bcajd at the board's monthly dinner-meeting in Hotel Noble last night. Mr. Cates will serve for one year and will succeed H. C. Campbell as president. Other officers elected were Oscar Alexander, vice-president; and E. M. Terry, secrclary- Ireasurer. >' v . During the business session which preceded the election of officers, members of the bowrd heard • report on the state convention which was held in Eurelca Springs-la»t month from nwmbers of the Blyilie- ville delegation, and reports Irim the varioui ocomituw, v ;

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