The Courier News from Blytheville, Arkansas on September 27, 1950 · Page 5
Get access to this page with a Free Trial

The Courier News from Blytheville, Arkansas · Page 5

Blytheville, Arkansas
Issue Date:
Wednesday, September 27, 1950
Page 5
Start Free Trial

WEDNESDAY, SEPTEMBER 27, 1950 "BLYTH'EVIU,]! (ARK.)' COUNTER NEWS PAGE FTV* Taft Rips Truman Administration for '50 Mild Inflation By MA11VIN L. AKKOWSM1TH WASHINGTON, Sept. 27. (API- Senator Taft (R-Ohlo) declared today that the Truman admlnlstra- i deliberately promoted "a mild tton" and so Is to blame lor prices. 'Senator McFarland (D-Ariz) disagreed. He said President Truman nsfed for anti-inflation powers as far back as the GOP-controlled 80th Congress In 1941-48—?nd that members blocked that credit almost impossible." McFarland, on the other hand,I old a rejwrter "it 111 behooves the Republicans to say the responsibility '.or inflation rests on the ad- mnistration." The Republicans, he I •Vdded, must shoulder blame for the ack of any anti-inflation law on He books until after the lighting 1 n Korea started. Taft said that if the government falls to apply credit controls vlg- | Republican request. Taft, chairman of the Sepate Republican Policy committee, express ed his views in the column he writes weekly for Ohio voters. Taft Is candidate for re-election. "What the people should real ize," he said, "is that the Increas In prices is directly due to the IlnUonary policies of the admlnls tratlon." He added that unless there Is a third world war serious inflation can be prevented by: 1. Levying taxes "sufficient lo pay our way as we go," and— 2. "Courageously using the government's power" to prevent expansion of credit. "Pay.As-You-Go" On ihe tax question, Taft was in agreement with Roy. Blough, one of the Presidents' three economic advisers. Blough said in a speech at Lake Placid, N.Y., last night there Is no reason why this country cant' pay for Its defense effort —U there is no general war—out of cwrent taxes. "lough said heavy taxation is the best way to prevent Inflationary price rises and expressed the opinion that taxes "should have been much higher" during the second wcrld war. Taft, called the $4,700,000,000 tax Increase which Congres enacted last wee ki step in the right direction. He said, however, that eomplcte tested of the situation must be made in January "when we man better judge the actual expenses of the government necessary to meet the Communist threat.." Mild Inflation Seen Taft declared the administration pursue da deliberate policy moting "s. mild Inflation during W50." He added: "Prices began to rise three months before the Korean war, and they rose because of a deliberate credit expansion policy of the administration. "The treasury and the Federal orously. price consols n\ay be nee-1 essary in the long run. "But whether such controls can succeed In lime of peace is certainly open .lo question," Tall added. "After the second, world war \ve saw (as a result of price controls) nothing but shortages and black markets. The remedy was worse than the disease." Taft said price curbs would have to be accompanied by wage controls | "and nil the bureaucracy of an OPA." lW hat's This? Legion to Reform At Convention in Los Angeles LOS ANGERS, Sept. 71, (AP) — Rowdytsm is out for (he American Lcglcn national convention here Oct. 8-12, Its officials promise. Stnff members arriving to prepare (or the Invasion ot perhaps 150.000 Legionnaires, families and guosis snid I/* Angeles residents who recall the rough-and-tumble antics of the last national convention here In 1938 won't recognize the boys this lime. "Today's t-cglonnturcs have a lot ore on Ihclr minds than horseplay id have proved it since World r ar II." said Ed McGlnnls, the Le- Communists Defy British Eviction Try SMALL SUSPECT ON THE KOREAN SCENE—A military police I man ol the. U. S. 24th division s«ar:h«s tiny Korean along Naktong rive bank after youngster was brought frcm western shore with hundreds o | North Korean prisoners and refugees, following successful Allied rive | crossing west of Tacgu. Gl's trust no Korean civilians since their ex perienccs with fake refugees carrying hidden weapons. (AP Wlrcphoto). DUESSELDORF, .Germany, Sept. 27, I/PI— West German Communists clung irritably to their de luxe five- story headquarters today and challenged the British to enforce their eviction order. A "scandalous, arbitrary measure," Ihe Heds called the British decision to requisition the $480.000 building, described as the fanciest Communist Parly headquarters in Europe. Tiie Communist central committee declared "we will never voluntarily obey' Ihe order. Ma). Gen. W, H. A. Bishop, British commissioner in North Rhine- Westphalia stale, yesterday gave the ommunists 48 hours to move (rom e requisitioned .building. He said was needed to hous? British re- forcemcnts to the occupation oops. There was no explanation why, mong numerous possible choices, his particular site was chosen. As the Communists "dug in''—at •ast verbally :— German police .larded the building to enforce a ritish order against icmoval of a rstly printing press and certain ther Communist Party equipment. Gang-Style Slaying of Two Spurs Probe in Chicago He-serve Board easy, wllh .the had made credit result that bank loans in 12 months increased bj S-i.OOO.OOO.OOQ. The government's fusing program resulted iri-an~in : £reose in total mortgage loans b; more than $3,000,000,000 in the sami period. "Consumer credit—that is, cred It on the purchase of automobiles refrigerators and other goods—In creased $3500.000,000. The govern ment liself had a deficit of mor than $3,000,000,030 for the fisca year ending June 30, 1950." Board Reverses Stand Taft said that after the start the Korean War, the Federal Re serve Board reversed its stand bi that the treasury did not folio suit. The treasury has contcnde that an increase In interest rate while boosting the cost to it of car Tying the national debt, would ha little effect on the volume of bus iness loans. Taft said, however, that fsh treasury's maintenance of low in terest rates is "making restraint ruman's Marine Letter to Be Sold •FRfcSTBURG,'•• Md.. Sept. . 27. CAP) —.For ^Insurance purposes, 'resident Truman's explosive letter about the Marines is "fine art". And for other purposes, says Rep. Bcall (R-Md), it will be auctioned off. . Beall said last night he has sold $10,000 fine arts insurance policy on the letter, in which the President said the Marines "have a propaganda machine . . . almost equal to Stalin's". The letter was wrilten to Rep. McDonoiigh (R-Calif). It was followed by a public furor, which was followed by an apology from Mr. Truman to the Marine Corps. Beall snid McDonough bought the insurance policy from him last Friday and plans to sell the letter to the highest bidder, then turn the money over to the "Marines' publicity bureau so SUIin won't get ahead of them." CHICAGO. Sept. 27. W) — Tbe< gang-style slaying of two Investigators In crime has spurred the probe of Chicago underworld activities. Federal deputy marshals hunted today tor some former members of the old Capone gang to have them testify before a U.S. Senile committee Investigating crime. The committee plans a hearing In Chicago next week. More than a dozen summonses were turned over to the U.S, marshal yesterday by a committee Investigator, less than 24 hours after the two killings. The process servers tor the Chicago crime commission, a private group of businessmen aiding In the Investigation of crime, were unable to unearth the persons named In the summonses. ; George S. Robinson, a commute* attorney, said he expects the investigation in Chicago to be stepped up In view of the outbreak of gang guns Monday night. Committ*e Chairman Estes Kefauver (D-Tenn"> said In "Washington the committee's hearing in Chicago ' will start "fairly soon." He refused to confirm a report the hearing .would start on Oct. 5. Kefauver said no change has been > , , made for the bearing because of' •£!, *_. the slayings. The committee is sas City Thursday. Kefauver said the date for the Chicago sessions Instructions to put any Legionnaire In Jail," he added, "if he attempts to make 'lun' with any electrical shpclt device, lirccracker, siren, water pistol or liva or Imitation reptiles." gion'i national public reltlloiv director, "The spread of Communism throughout the world and the current crisis In Korea Just aren't funny." Six hundred members of the Los Angeles Police Department' and other law enforcement agencies are members of the Legion service committee. McGlnnts said they and Mayor Fletcher Dowron, Police Chief William Parker and Shcrlll Eugene Blscailui are cooperating• to wipe out any sporadik hoodlumism at the convention. "Policemen and Legion MP'» have Accused Memphis Bandits Charged With Murder MEMPHIS, Tenn., Sept. 27. I/Pi— Two accused bandits, captured after running gunbaltle last Friday, have been charged with murdering Negro bystander killed by a police bullet. Police Chief Claude Armour said Ihe men attempted to commit rob' bery and "set In motion a chain of events which was the direct and proximate cause of the woman's death." The prisoners—A. R. Meek, 25. and James Eugene Wright, 18. both of Nashville—were Jailed after ! desperate two-hour 15-ntlle fight 'with a covey of police cars through a crowded crosslown district. Coa, India, has an rea of about 1,300 square miles. BLYTMtVllXC* ONLV ALL WHITE THEATRE Open We«k Days 6:45 Show SI arts 7:00' Satnnlnys £ Stintliiys 1 -.00 Always a Double Feature Scabrin, a new inMctleldt M« under study by .the U. S. Depart^ mciit of Agriculture, has been found more potent thin pyrathruM *>> gainst filet. Last Times Today DOUBLE FKATUKK W«ol1i«r.Birdi outw.or ofdinory itioej o miU! Sp«cin1ly comtruct«d of lop gtadf l«olh»n to Hand rough abut*. *b«y'v« gol rtyle and imari- ne« youngiltri demand. W«otri«f. Soviets Seize British Ship probably will be announced at the conclusion of ,th* :Kansai City hearinj. In 1I2T, the American Investor ol pressing glass—pouring melten glass inlo a mold, then lulng a plunger to press It into all parti of the mold—contributed one of the few technical changes In its production since glass blowing was first attempted in the pre-Christian era. OSLO, norway, Sept. 71. (AP) — A Russian coastal vessel, was re- today Lo have seized " the 684-ton British trawler SWanella I yesterday In the White Sea anc 1 escorted it to a Russian harbor. The White Sea, which-straddles the Arctic circle, Is surrounded on three sides by Russian territory. The Vardoe radio, in Northern Norway, reoprted the seizure. It saic the Incident was witnessed by an other British trawler, the Kings ton Agate, which reported the oc currence. The radio said the British agen in Tromso, Norway, was Informed Official sources said not othe details were available. LAST TIMES TONITE ROBT. AVA CHARLES Taylor' Gardner Laughton Air Conditi*ned By Rtfrigeration N E W "Your Coma unit; Centtr" MANILA, ARK. Matinees Sit. A Ph. Sft Sun. . —IN— THE BRIBE 1 THURS.-FRI. Wednesday A Thursday Kill the Umpire 7 WILLIAM BENDIX THE PLACE STROMBOLI Th< Star Under the Inspired Direction of BERGMAN ROSSOLINI ALSO \S'1LL1AM LUNDIGAM 1N FOLLOW ME QUIETLY" RITZ THEATRE Manila, Ark. »gt Priced from 3.65 lo 6.50 according and style. Try our Sho« Repair for Longer Wtar. Cleaning and Dyeing a Specialty HEUER'S SHOE STORE •122 W. Main Phone 3549 •—Plus- 2 Selected Shorts Thursday & Friday __ — Plus— COLOR CARTOON Mr. David Brunk, Route 1, Box M. Lovclancl, Ohio, says that Just about vcrylhiiiK thrse days on the farm KIS changed to the modern way of olng things—a man practically ha* 0 be a mechanic to be. th» farmer, nit says he, the only thin* about .1 arming [hat hasn't changed from he old days U a farmer himaelf— , le Just has lo be In good condl- , Ion. That's one worry Mr. Brunk says he doesn't have—became now 1C has HADACOL,. By taking HAD- ACOL, he has overcome hfa| deficiencies of Vitamins Bl, B2, Iron, and i Nlacin. ' • Hem Is Mr. Bnnik's own *Ut«^ ment: "My main IrouMt before . 1 started taking HADACOL, via a. lack of sleep and nervousnes«. Seem* •*, like everything I did I f«lt 'but. • Food f ate—didn't UsU good—I - hnrt no appelile. And energy—why, t I didn't have enough energy to hard- ,, ly pick up my feet. 1 tried doaena >» of different things—nothing did m» any good. Then 1 heard about HAD- a ACOL, and started taking It limn*- .; dlntely—I guess It was the second ^ bottle of HADACOI, when:I atiri*d •,, IcellnK good. Now I feel line. G«* plenty of sleep, have a' good app*- 1 tile—enjoy my food, and beal of alU ' I'm not a bit nervous. So far !>• iken i; bottles of HADACOL. I-'-•• hlnk HADACOL, Is wonderful—Ju*t • ook what It did for me." - . < IIADACOI, In Doing Omut • All Over Th« C«»olry . : ' >y helping lhoiisftnd!i 'of dUtnMtd oiks get Ihe necessary elemanta hey need when they lack VltamtrU ' 11, Jia, Iron, and Nlacin. Yen, HAD- ACOL, helps to build up the hemoglobin content of your blood (wh«n ron Is needed) to carry the&e precious .Vitamins and Mineral* to every organ, and every, part, of your body—to the heart, liver, kidney* and lungs. *Ven to the tye«, hair and nails. Thousand! whooe iiiliem were deficient in Vitamlna Bl, Bl, Iron, and Niacin are benefiting frQin DACOL. . . . even huadnda at doctors have recommended HADA* COL to their patientN. , ^ Give HADACOL a chant* to hel» yon. Don't let anyone tell you aocoe-, thing else'la '.'juat an good. 1 * ImUt on genuine HADACOL. Ton riak nothing because HADACOL It add only on a utrtct moriejr-b»ek fia»r- antee. You'll feel better with th« first few bottle* you takeVor^ your money will be refunded. T^at'SIa* only I1.2.V ijarge r»milj or Hoepl- tal Sir*. $3 SO. !-, ; Copyright 1»M, Tti« L«BUM tlr>n. Wednesday & Thursday "Fighting , Command" Robert Mitchum, Richard 1.. Qulne, and Ann Gwynne ALSO NEWS t SHORTS SHOW STARTS 7:00 P.M. LAST TIMES TONITE DOUBLE FEATURE Pint Showing in Blythcville Alt* Cartoon Fro Playground for th« Kiddi«t Children 11 and Und«r Admitted FrM Above; 1JO-H? PACCAJD "300"—M« ol nine eKltifg n«w mod«ll lot 'il N«<-f;-ls;S^^;f--^ - ' 1 ' ..,.^^%^m ASK IKl MAN WHO OWNS ONJ MOTOR~ SALES COMPANY 217 WM» Walnut, «lyt«««YUU, Ark.

Get access to

  • The largest online newspaper archive
  • 11,800+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free