The Courier News from Blytheville, Arkansas on September 13, 1950 · Page 1
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The Courier News from Blytheville, Arkansas · Page 1

Blytheville, Arkansas
Issue Date:
Wednesday, September 13, 1950
Page 1
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BLYTHEVILLE COURIER Vnr vrifr xio *cn VUU XI. VI— NO. 150 Blytheville Daily Newi Mississippi Valley BlylUevilK Courier Blytheville Herald vmts POMTKAMt mwtfArm or *o«TtntA»T ARCANA* AMI aownwABr m«sow« JJUTHISVIU.B, ARKANSAS, WKDNBgDAY, SEPTBMBKR 13,'1950 TWELV-Hi PACKS w SINGJ^g COPISS WVJC CfiWTS Aldermen Okay Ordering of 302 Street Markers Added Signs to Finish Marking of Streets; Asks En4 of Bus Rout* The City Council last night voted to order 302 more street markers to complete marking of all Blytheville streets. This will -'• include mostly streets In new residential additions that were not-marked with street signs when the first group was ordered and Installed about two years ago. In outlier action at their.monthly meeting In City Hall, the aldermen approved the millage rate for 1950 city taxes, which will be collected in 1951. The tax rate totals II.1 mills, or $11.10.for every »1,000 assessed valuation. .This is the same rate ijtft was in effact last year. (Pbe city tax rate Is broken down «s follows: general levy, rive mills; city hall bond retirement, 2.2 mills; city hospital bonds, 1.8 mills: city park, one mill; .firemen's pension «nd relict fund, one-tenth mil!;'city library, one mill. ' Asks End of Bus Run Utho Barnes, who with his father T. J. Barnes operates the Blytheville Coach Lines, appeared before the council to request Dial Ihe bus company be allowed to dlsconlinue its north side run. This run was Incorporated as a provision of Ihe bus franchise when it was renewed some two years ago. Mr. Barnes said the north side run had not brought in enough revenue during the past year to justify maintaining It. He gave the counctlmen figures showing that this run was being operated at a loss. He said the north side bus carried only from 60 to 70 passengers » day. whereas It requires carrying of 100 passengers daily lo produce » revenue of $7.50. . Increases in the number of pri- Tately-owned automobiles was blamed by Mr. Barnes for. causing .trie . PRODUCTION BOSS—William H. Harrison (above), president of International Telephone & Telegraph Corp., took office Monday in Washington as head of the "National Production Authority." He will, deal with Industry In allocation and priorities for the defense program. (AP Wirephoto). Conferees to Get Bill Curbing Reds Senators Approve Measure But Veto By Truman Looms A bill aimed st stifling Comrniiiiis activities on the home front headeu today for a Senate-House conference as the first' step toward a. probable veto by President Tru- ayer Doyle Henderson said R petition, signed by persons residing on • tfrh .but i-niite -•><) acWlj-r-that tt-na continued had 'been filed. He also said he felt the bus lines should "live up. to its franchise.." City. Attorney .Percy Wright said ; a new-franchise should be entered Into by. the city and the bus lines rather than amending the one In effect. The council voted to table the re' quest for discontinuance of the run lor. further study. ; ClUs Sanitation Needs William Mitchell, county sanitary engineer, told ihe council of the minimum needs a restaurant or cafe fbould fulfil! before It can operate In a sanitary mariner. He alco tied that an inspection be required before a restaurant Is granted » PriTllege license to operate. The council agreed that such a Health and sanitation inspection would be required before privilege license would be renewed Jan 1 wren they must again be purchased' Mr. Mitchell listed these minl- «um needs for a restaurant: ade- <tate supply of hot and cold running water, hand-washing facilities, well-screened building, -three- compartment sink to provide space for, sterilizing dishes and toilet facilities. In other action last night the council— Voied to restrict parking on the east side or Railroad Street between walnut and Chickasawba to persons having business at the Health unit. Adopted a resolution giving Chief of Police John Poster authority to order moving of a house extending over a portion of an alley. This lias wen causing trucks using the alley to drive over >>ropenv in the rear See COUNCIL F3gc 11 Weather Arkansas Forecast:—Partly cloudy, a few scattered showers and UNSETTLED thunder showers this afternoon, tonight and Thursday. No important temperature changes. Missouri Forecast: — Generally fair tonijht and Thursday; cooler south and extreme cast central tu- nlght; low tonight 42-48 iwr'.h, 5055 south; continued cool rhur.sriay. high S5-68 north to lower 70's south. Minimum (his mornlii"—to Maximum yesterday—86 Sunset today—6 : io Sunrise tomorrow—5:42 Precipitation 24 hours to 1 a an. today—none. Total since Jan. I—Si.eo. Mean lemperaturn imldway bc- U-een high and low)—75.5. Normal mean temperature for Sept.—7t.8. ' This r>»te Lnt Te»r : Minimum this morning—«. M'irlmum yesterday—m Precipitation Jan, i to mu <UU Committeemen Bypass Excess Profits Tax Bill Rules Group Seeks Speedier Action of. General Levy Hikes WASHINGTON. Sept. 13. W) - Tlie He-use Rules CommUtec today bypassed a controversial excess profits tax In order to speed final Congressional action on the $4,508.000.000 general tax boosting bill. However, proponents of Ihe corporation profits levy already had served notice that when lhc House showdown conies tomorrow they v 11 try to put that body on record for Immediate action on this levy. The rules group acted after It received assurances from Chairman Duughton fD-ND) of the House Ways and Means Committee and Rep. Reed of New York, senior Republican member, that the tax- drafting committee will bring forward an excess profits tax proposal just, as soon as It can work out practical means of applying it. Sees Threat of Bcliijr Duughlon told the rules group that the excess profits tax threatens delay of (he general tax bill and unless Congress acts quickly the higher levies on Individual incomes cannot, go into effect October 1, as now planned. The measure increases individual Income taxes by about S2.700.000.000 a year, boosts corporation taxes by 81.500.000.000 and picks up more millions by various other tax lav, WASHINGTON Sept 13 rAP)_ cnai) B ES ' I 1 ' 1 * Individual increase is i hill =im»rf .f ,'nn;;;.' ^.L-I.i-'.-i effective as of October 1, and the corporate boost Is retroactive to cover one-half of the 1950 income Doughton emphasized that Congress could act laler and make a super lax on big profits retroactive to any part of 1950 corporation, income. ' —-^—_ __ -—Says U.S.Offensive Is Near Marshall Is Named to Succeed Johnson as Defense Secretary By ELTON C. FAT WASHINGTON, Sept. 13. (AP)— eorge Catlett Marshall, soldier by profession and diplomat by experience, is headed back to the Pentagon lo become secretary of defense. President Truman turned to the >9-year-old, five-star general »nd : ormer secretary of state to repine* ' ouls Johnson. Johnson, bowing to presidential will and tlie "enemies I have acquired during the eighteen months I have served as a member of your Truman Asks Congress To Approve Marshall WASHINGTON, Sept. 13. (/P)— President Truman asked Congress today lo make an exception and let Gen. George C. Marshall serve Rs secretary of defense even though he Is a military man. The Senate Armed Services Committee immediately approved the necessary legislation. The vote was 10 to 2. It received an overwhelming m to 7 vote of approval in the Senate late yesterday after a day of hectic and often confused, maneuvering thai eventually welded two opposing measures into one. Briefly the bill provides for:, 1. The .Internment of dangerous ,Rerf-_ (uptime , f {. T?C-. .tfyaoipn. or insurrection. .. . , 3. Registration of Communist and Communist front organizations. 3. Barring Reds from government Blacktopping To Start on Armofel Jobs and passports. 4. New legal curbs on'.sabotage and espionage. ' ' 5. New weapons to be used to exclude and deport aliens considered to be subversive. 6. Outlawing conspiracies to set up a "totalitarian dictatorship" jn the United States. Senator Kilgore (D-WVa) had Introduced the Internment plan as a substitute for the sweeping catchal: bill sponsored by Chairman McCarran ID-Nev) of the S«n»te Judiciary Committee. As i substitute it was defeated M to 23. Lucij Grabs B»H Meanwhile, Senate Democratic Leader Lucas of Illinois grabbed the ball. When the voting was finally over, he had succeeded In nailing a somewhat modified version of the Kilgore plan onto the McCarran bill. ft was done by voice vote after the Senale had (A) baited down. 45 to 29, Lucas' move to substitute the plan for Ihe Communist registration section, and (B) rejected 37 to 35. his first attempt to write-Ihe plan into the bill. This vote was later reconsidered and acceptance followed. There were only two other major changes In the McCarran bill. One stripped from it a provision to set up a semi-independent office of passports and visasT Tnisamend- "<> > lMsrt 'or Inrtucllng b,t,ve ; mem. by Senator'Connolly (D-Tex), 3 .^° ""* ^^ men Into I! , was adoutcd 39 to 33. Senator Ellender (D-La), added * provision making it illegal to plckdt federal courts. It was adopted on a voice vote. A lop administration lieutenant Work on the blacktopping of 7.04 miles of. State Road 137 between Armorel .and Huffman Is scheduled to begin about Sept. 21. w. D. Cobb of Blytheville; - the State Highway Department's resident engineer for the project, said yesterday. Work order for the project was signed Monday, Mr. Cobb said, and work is to begin within 10 days. The BucTon Construction Company of Hazen holds the contract for Ihe blacktopping of Ihe road. The road is to be completely rebuilt. Mr. Cobb said, along with all drainage structures and a new concrete bridge Is to be constructed over Ditch 38. The contract for the construction of the roads calls for a grave: base with an asphalt, surface course, Mr. Cobb said. State Road 137 extends from Armorel through Huffman and intersects with State Road 150 at the Aransas-Missoiiri State line but only the stretch between Armorel and Huffman will be blacktopped Hershey Tells Of Draft Needs WASHINGTON, Sept. 13. (AP.l — Maj Qen. Lewis B. Herohcy la making plans lor inducting bf.Uvee . , armed services before next July 1. The other, an amendment by „ He l ? ld lhc Senal e Appropriations enator Ellender (D-La) added a Committee at a closed session Stpt 1 that his "most conservative estimate" was "at least 370,000, and maybe 400,000 and maybe 500.0W." K'cnhey made the stnltment— who 'nskcd that he not be fctenti- PUWlsJied by the committee yeste fied by name, told reporters the day—In asking approval of R siii<- White House already has the meas- plcmental appropriation of S2D.476.- ~ sup- T. niLt nuuac aireaoy nas tne meas- elemental approprtatic ure under study, but he did not 000 for his agency. The Hou.'. know when a decision would be which already has acted on hti re. maae - ' quest, cut it to $19,360,030. Arkansas' Legion Commander Will Address Meeting Here Hay M. O"Day of Payettevllle, Arkansas American Legion commander, will be the principal speaker at the Legion's Fifth District meet- Ing at Memorial Auditorium on South Second Street Sunday. Commander O'Day is professor of nitllitary science and tactics at the University of Arkansas and Is a veteran of both World Wars. During World War n he was a Jap prisoner nnd took part in the death march at Bataan. The northeast area conference of adjutants and commanders In posts of the Legion's Third, Fourth, F-fth, Sixth «r.d Seventh Districts will be held In conjunction with the Fifth District meeting. The district meeting will get underway with registration »t H a.m. Dinner w»l be served »l the Dud Cosohipost hut with th« business f*«ton to open »t 1 p.m. M. O'D*r Allied Commander Says Reds Will Fold Under Yank Attack By LEiF EKICKSON TOKYO, Sept. 13. (AP)— AJlied troops got word to' y Wi " Uick ° 011 the ° ffcnsive B °°" a* t cabinet," submitted his resignation yesterday. Mr. Truman accepted it with official regret—but with alac- illy. Suddenly, in a single day, there were vacancies pending : in the two top civilian posts of the huge and complex national military estab- Gcorie lishment. For what appeared to be entirely personal reasons, Stephen Early resigned as deputy secretary. He had remained well past the year's leave granted him by the Pullman Standard Car Manufacturing Co., so that he could return to government work. None of the criticism that had welled up around Johnson had touched Early. Johnson's resignation Is effective next Tuesday. Barly's Sept. 30. Johnson, in Ills resignation Idler, said that Marshall was a "mtin of such stature Hint the very act of naming him lo be secretary of defense will promote notional mid international unity." Tim President heartily agreed, and most congressional leaders ex- See MAKSHAI.l, Tag.; 12 Six Mississippi County Reservists Ordered to Active Duty with Army Six members of the enlisted Army Reserve Corps from Mississippi County have been ore ered to report for active duty with the Army, Col. H. V. Logsden, commander ot Uie Jonesboro District of the Organized Reserve announced today. The men were ordered to report to Army units in the Southwest later this monlli and will be re- fiulred to serve 21 months unless discharged sooner. Nine.Mississippi County reservists have niso been ordered to take pr«- indifctlonV'"physical '^examinations prior to possible return to active duty, Colonel Logsden said. Six were to report to- the A'rrny- Kavy Hospital In Hot Springs today and three yesterday. Following are Ihe lisls from Colonel Logsden's oclce. Ordered lo active duty *-ere: Pfc. Freeman D. Chenoweth (Inf.), of Blylheville, to report Sept. 23 to Ft. Hood. Tex.; Cpl. Robert C. Foster (AGO, Red River Arsenal, Tex., Sept. 25; M/Sgt. Robert T. Woods (Inf.), Osceola, Camp Chaffee, Ark., for re-a.rslgnment Sept. 25; Cpl. Allen H. Cox (QMC), Blylhevlllt, Ft. Sill, Okla., Sept. 25; Cpl. W. H. McGrew (MD), Manila. Ft. Hood, Ten, Sept. 25 and Pfc. Marrln WlUte (CAG), Blythevllle, Ft. Sill, OU», Sept. 25. Ordered to report for physical examinations were: E. W. Robertson Jr., Manila; James T. Short, Osceola; Sciplo J Smith, Osceola; H. J. Hill. Frenchman's Bayou; Chester E. Dlxon, Luxora; Hueddie Ankgtion, Osceola; Charles w. Graham. Bly-thevlUe; Walter T. Hale. Blythcville and Mel- vcl E. Whltley, Blytheville. Trio to be Cited For Contempt WASHINGTON, Sept. 13. (A>,~ The Senate Foreign Relations Committee voted today to ask the Senate to cite Communist leader Earl -Browder, Frederick Vandtr- bllt Field and Philip jaffe for contempt of Congress. The three were involved In in investigation by a foreign relations siibcommiuee into the charges by Senator McCarthy (R-Wis) that Communists had infiltrated the State Department. A resolution requesting contempt proceedings was adopted by a B to 0 committee vote, chairman con- nally (D-Texas) told reporters after R closed meeting. He said .ie hoped to get Senate action on It before congress adjourns or recesses. The contempt move stemmed fio:n the refusal of Browdcr, Jaffe and Field to answer questions dur- the subcommittee Inquiry. New York Stocks Closing Quotations: AT&T Aenei Tobacco Ahaconda Copper Btlh Sieel I!.. Chrysler Coca Cola . '"".'. Cien Electric ......... P'n M,tors . .'. JJonli-omirry Ward K Y Central lut Harvester « C Penney M>piiblic Steel ftadlo Socony Vacuum" '.'.'.'.'. 3tudebaker Standard of N"j .' ToxftF Corp Sears S Sle'e'l "''.'.'.'.'.'.'.'.'. ^Southern Pacific 152 3-ft 64 36 1-4 42 1-2 126 I-? 46 5-8 93 1-4 53 1.8 15 1-2 31 3-5 65 38 3-4 • 17 23 3! 3-8 «S 1-4 74 1-J 40 3-4 Twenty-Seven Missco Men Physicals and four Negroes. They were to have their physical examinations this afternoon and will relurn tomorrow. Today's call was for 35 men, Miss - T»«nt) seven Mflllloiial Mississippi County, mc(i left by chartered bus thi« morning for Stite Induction Center at Little Rock to UBe pre military service phjsical examinations. The group Included 24 white men Rcsa Saliba, clerk of the Mississippi „„ '""" ""- "~- '- County. Draft Board said, but of this number 25 reported. One man Included in today's call wns transferred to another local board and one who failed lo report for the Sept. 6 cal! left with today's group. Eight men were listed as delinquents. Included In the group that left Ihls morning were: Carllon L Pierce, c.iri=ld D. Seab. Charle; P. Crowe, Milliard Bush, Wesley W Taylor, Savaac Williams. Richard J Watts, Thomas a. Parker and William M. DeLong, of Biythevllle; Virgil L. Brlley, Carl L. Thrclkeld and Steve I,. .Davis, of Manila; Johnnla v. Hall, of Joiner; Clarence J. Mctcalfe of Doll; Jamei M. Groom, Leachvllle; James W. Allred, Kelscr; Vernon C. Russell, Elowah; Henry F. Griffin, Lusler W. Russell and Henry w. Wilson Jr., Osceola; Henry E. Colcman, .cpanlo; Larry J. Bell, Bassctt; and Carl T. Branscum, Armorel. Negroes: Dallas Hogan. and Willie H. Culpcppcr Frenchman's Bayou; James G. Mason, Luxora; ami Albert Clay of Wilson. James P. Horn, Negro, of Bly- th"ril ! i! was transferred lo Belleville, ill. He was scheduled lo leave with the Aug. 21 group. Charles E. Oarreil of r.Mctivltle was trans- Season's First Bale of Cotton Ginned in City The first bale of cotton of the 1950 season to be ginned In Blj- thevllle was ginned yesterday afternoon at the Ward Gin on North Highway 61. Cotton for the bale was grown by Charles Yarbro on the G. G. Caudlll farm three miles south of Blytheville. It Is of the Empire variety and was planted April H. The bale weighs 454 pounds and was glnner from 1,500 pounds of seed cotton. It has been consigned to the Blytheville Compress. Ward Gin Is operated by L. I,. Ward, Jr. O'Dwyef Is Approved WASHINGTON, Sept. !3. (APi — The Senate Foreign Relations Committee today aprovcd the nomination of former Mayor William O'Dwyer of New York lo bo ambassador to Mexico. The vote w:is 8 lo 0. Soybeans beans: Mar Hi<;h Low Close ............ 247?; 244'i 248-48 ........... 250'i 246*1 248',i ........... 253?; 250 251\ ........... 255',4 252!', 2.53?i U. Gen. Walton H. Walker, allied ground commander m Korea, said m a righting talk l o his frontline troops Soon we arc going to give up the attitude o£ defense . . . as soon us we start forward and break the crust in front of us, the enemy will fold. "We can feel a weakening of the* __ _ __ ^^^ enemy now. . . in some positions they actually are pulling out.'' The U.S. Eighth Army comimn- ilcr described the long weeks of delaying action' us neccsnry "agony nnd suffering." Only ihrougli such sin ordeal, he said, could the allies build up power for an offensive. Walker's fighting talk came as allied troops flattened the Red Korean bulge on the northeast front In a triple-Ducal power drive. Tlie United Nations gains in a three-day offensive were the rst la nearly a monlli. They scaled much of the sap lorn last wnak by Communists In their tnarslvc breakthrough south from Kigye near the easl coast. Resurgent South Korean troops, driving cost from Yoilgclion iincJ northwest from Kyongju, rolled back the Communists. 3.000 Kcds Trapped To tlie east, a mixed force of South Koreans and Americans rammed shut the -southern gate of a mountain corridor, trapping 3,000 Red Koreans. Tills task force wns led by 47- year-old Brig. Gen. Carl Davidson, former West Point football coach and right end. It was a brilliant end sweep west from the Pohang urea. by "Task Force Davidson" that trapped the Reds, Along lhc 125-mile allied defense perimeter, this was the picture: Pohang-Yongchon Sector—"Ta-k Force Davidson" closed a three-mils gap betwcenj Angang and P.ihai:g. From Ihe',• west, the South Korean Eighth Division thrust Ihre-foinlhs of Ihe way lo,Red-held Angnnjj. It has punched 12 miles lulhret days. A South Korean regimen! drove northwest from Kypngju to close this last gap. Hedging in .in Hill 343 southwest of Ahgang were ra- slstlng fiercely. Tacgll sector—U.S. First Cavalry Division elements attacked n strongly-fortified hill eight milc.T north of Taegu. Tills was In. '.he Immediate area where they stormed and won a hill Tuesday at heavy cost. Other units celracl high ground north of the Wticgtmt avca, a fcv/ mllcs west. The Heels pushed foot troopers off an Important nine mite.; northwc-'.t of Tiiegu. Chajignyong Sector—all quiet. Masan Sector—American big guns wiped out 200 Red Koreans as they stormed a dominant puitk four miles south of the -Nnni-Nafctong River Junction. O.S. 25th Division Enji neer.s baltled 300 Reds who had Infiltrated the line. Air support va called to help wipe out the pocket. Tobanfr Threat Knscil The Irlplc-prongcd drive on Ihe northeast front lifted n threat U> Polmng airport and cased a >,ilua- tion that was considered "dcspcr ale" only nine days ago. AP Correspondent Hem Price said the Reds' failure to exploit their massive breakthrough wns "one of ferrcd to Balcsville. He was to leave with today's group. . forty Mississippi county men are scheduled to leave for physical exams Kepi. 20. N. O. Cotton Open High Lw Clo.,c Oct 4031 4031 3M2 V-Ti Ucc 4033 4034 393-1 M"' 4028 4031 3993 May 4001 '1005 :>9WS July 3051 3S52 the rnnlor mysteries" of the war, See KOREA I'age n 3912 Census Bureau Reports Cotton Consumption of 40,392 Bales Per Day WASHINGTON. Sept. 13. |jT>>— The Census Burcnu rcporled today cotton consumption for the pc-riod of July 30 to Aug. 26 averaged 40.392 bales for each working This compared with an average 28,382 bales for the corresponding 4026! period a year ago and with 400!) • 32.1S4 lor Ihe July period this 31)12 ' year. «B! Committee Okay on Defense Bill Near . i. J* 1-'8 WASHINGTON, Sept. 13. (AP) — The Senate Appropriations Committee alined at approval U)J?,y &[ a »16,100,(X»,WO emergency defense bill. Chairman McKellar (D-Tcnn) said he hopes the tfroup can complete work on the House-approved measure by nighlfall. The bill carries $4,000,000,000 in foreign arms aid hi addition lo more than $10,000.000.000 to bolslcr this country's defenses against Communist aggression in Korea and wherever else It may crop up. The committee arranged another meeting behind closed doors (9 a.m., EST) after making public testimony by Secretary of sute Acheson thai no Western Europe defense plan will be"cffecttve unless It Include! the manpower and resources of Western Germany. .-„ r. 3-JI Achonn expressed his views at a clo-sed session Aug. 30. At Ihe h.;inc Um». thu committee was told by Jyjuis Johnson—who resigned yesterday as secretary of defense—Ihnt this country's plans for rearming Western Europe will sland up without German manpower. Painting uji reports of discord i>c- twecn Acheson and Johnson, Senator Cordon (R-Orc) loici the (wo men that .w for as he could fee their statements on the German situation were "exactly contradictory," Johnson disagreed, liownvcr. He said Achcson was talking of the political Btirt not the military aspects of lhc matter. Acheson lolci the committee: "What T am. trying [a point out Is that over a period of time if yo\i do not solve the proper need of llic German people for security and for participation In the Western Europe scheme, you will have n .siitiatkr. which will then unusc so much trouble (hat your whole plan will not be effective. "I said as clearly as I possibly can thai a program for Western Kurope thai docs not Include the productive facilities o! all rountrl^ of Western Europe—which Includes Western Germany as well as France —and does not Include the military manpower of all Western Europe xxx will not be effective in the long range political sense." Senator Wherry (R-Ncb> declared at Hie closed meeting that there are no funds in the emergency measure for the rearming of Western Germany. McKellar salt), however, that President Truman can transfer up to 10 per cent of the total milita., Hfslslancc fund for that pvirpose. If he cares to do so. Single Foreign Aid Agency Plan Being Drawn Up Economic, Military Assistance Likely To Be Consolidated WASHINGTON, Sept. 13. M>,_A Pltm to channel all foreign O ld- olh mllUnry nnd economic _ iiraiigh a single government a- Bcncy rcporlcclly Is being drawn 'P for ' President Truman's co.i- iideratlon. Kifonncd officials said today the >lan Is part of a report now being prepared by Gordon Gray, former Army secretary and new president at the University of North Carolina. • Gray and a staff of .government mid private financial experU hav« teen studying m itil economic con- miions for ihe past six months at ine request, of President Truman. tentative conclusions being put into final form, officials said, call for unified administration of ail foreign - aid programs which In-1 volve grants by the American government. These grants total billlonS of dollars annually. ' ,'•'._>'•••• First" step Iri'Vie unlficat&n'.pro- posal, It Is reported, would be the merger ol the Economic Coonera- llon Administration (KCA), whfch Is directing economic aid lo 18 Weslern European countries plus Korea and china, with the military assistance program now funnellng American billions to nearly a score of nations. These ' two principal programs presumably would be joined to the "noint four" program to encourage underdeveloped areas, and the Latin American health and sanitation programs. Part of the reasoning behind Gray's current thinking, officials say, Is thai , lighter check Is needed on the money the United Slatej Is now distributing lo overseas al- lles. Other powers suggested for thi propsed new agency, it was learned, is that it have a major voice In determining ihe policies of the Export-Import Bank, and direct the activities of the • American representative of the multi-billion dollar World Bank. The Export-Import Bank Is this government's principal agency for making foreign loans. Now, however, the Communist Invasion of Korea and the stepped- up rearmament programs of the U. S. and its allies have caused administration officials to give military rearmament first priority. In view of this, some top government officials believe that ECA dollars could be used to greater advantage lo make the produclion Of guns, lanks and other milllary supplies possible. Under the Marshall plan, this money is used only to stimulate civilian-type commerce and induslry. Wire-Topping Probe Shelved WASHINGTON. Sept. 13. (if, - A Senate investigation of wire-tapping in the nation's was put In moth balls today with little prospects of a resumption until after the November election. Senator Ncely iD-WVa), acting chairman of the District of Columbia subcommittee, making the inquiry, ordered a rece.'is when enousfh senators to make a quorum failed lo show up. The recess came as Henry W. Gruncwalkd, a self-styled private Investigator and public relations counselor, appeared for a second session in the witness chair. He lias figured In testimony regarding the relationship of a Washington police lieutenant. Joseph W, Shimon, and Senator Brewster (R- Mc). New York Cotton Open High Low close Oct 4043 4048 4011 404J Dec 4053 4054 4011 4054 Mar 4050 4<151 4009 4050 May ...... 4018 403.! 39R3 4033 July ...... 3965 3970 3930 35W

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