PAGE SIX BLTTHEVTLLE, (ARK.) COURIER NEWS Business Refuses to Believe Direct Controls Are Coming MONDAY, NOVEMBER 20, 1950 By KADKK W1NGET (For Sam Dawson) NEW YORK, NOV. 20. (A*)— Bus! nessmen's ears ring with discussions of defense controls, but their reactions split sharply. Reactions range all the way Iron: shocked disbelief to enthusiastic compliance with the new order of things brought on by ihe Koreai: War. - There is even an element of bemused tolerance indicated towarc the whole thing, the attitude that if we all keep quiet our troubles will Just go away. The stock market, for example, Is attracting investors and traders , .^vho are seeking securities so avidly •'•that prices on average have been pushed to a 20-year high. i. This demand for securities con- -tinue despite statements that new *'and higher texea on business are Imperative, that business must adept itself to defense regulations, that production in free and competitive markets must give way to production for defense with profits limited. But the stock market continues stror.g in the expectation that the nation's future business will be profitable as usual, • v llusiness As C/sual And business is going on as usual in the retail trade. Sales are mounting in department and specialty stores, and total retail trade is ..nulled down only by sluggishness In "big ticket, items," like automobile. The fact that aluminum for civilian use will be cut back 35 per cent Jan. 1 has not prevented some merchants from offering aluminum • cooking utensils in sales nt attractive prices to clear out top-heavy Inventories. By all reports the public just '-hasn't gone into a tailspin panic of buying because of control possibilities as was done in the July- .August war scare hoarding spree. •- For one thing prices still are high at retail. Average wholesale prices, hit a'new all-time high last ' week, the Bureau of Labor Statistics reported, and that presages more boosts at retail later. r «5 Business -expects a new srdcr ^cutting back civilian use of copper, impossibly even more than the 35 i slice In aluminum, other vital met( Bis are expected to fnli under rcgu- l latory bans. : You can pick up predictions all most any place that this means an J end - to unrestricted production of household hardware, appliances, auto trim, beer cans, and other '. consumer metal effects. There's ' nothing official yet and no dates i have been set, but the rumors are '. circulating .fast. I Those who don't believe direct » controls are coming as predicted or f won't be so harsh as anticipated ;. point to a number ,of reassurances > coming-from high sources' / ' Truman Optimistic < ( At the, top of the list-Is President . Truman who at hie 'latest press * conference said /direct price and ' wage" controls aren't needed now } but will be used whenever required, j Secretary of the Treasury Sny- i tier in a Chicago speech defended \ direct controls but stressed such < Indirect controls over inflation as ', higher taxes, more savings "and : self restraint" to aid the war ef- ; fort. M.,5. Szymczak, Federal Reserve - Governor, in a. New York speech j forecast higher taxes and tighter 'credit controls and said: "But taxes ~- r and credit measures are much more , equitable than inflation Itself. They ; are also much more compatible with i our free enterprise economy than DEFENSE NEWS CHIEF Clayton Fritchey, above, editor of (he New Orleans Mem since 1944, has been named public information director tor the Defense Department. Fritchey. 18, is a nalive of Bcllefontaine. O. He will take ollice in Waslung- ton about Dec. 1. COLO SNAP—While his chow warms on an improvised outdoor fireplace somewhere in North Korea, NEA-Acme Staff Photographer Ed Hoffman tries to thaw out his camera and himself for further duty. Says Hoffman of the sudden Korean winter, "Unbutton your parka and you freeze to death." Photographers and news correspondents, no less than fighting G.l.'s, are enduring severe winter hardship to fulfill their missions in the Korean conflict. Wisconsin Men Forfeit $100 Bonds In Labor Case Here HUGE HARVEST — Despite government planning restrictions, U. S. farmers turned out the fourth biggest foot! and fiber crop in history, according to Agriculture Department's semifinal report But, as-Ncwschart shows, this year's corn and wheat crops are not up to 1949 figures. But our potato surplus will be increased. The Department has predicted next year's crop output will probably, smash all records. * Two Racine, Wis., men each forfeited $100 cash bonds In Muni- ilpal Court this morning on iharges of enticing away labor. Jesus Hcnera and Frank John Centrnnn, were charged with enticing five Mexican fnrm laborers who were under contract to Harold . Ohlendorf of Grlder, to leave their employment before their contract expired. At the time of their arrest, officers said. Hencra. Centrana and the five laborers were In a car enroute to Racine. One was fined and another forfeited a cash bond on charges of driving while under the influence of'liquor Fined $35 and costs wns Clude P. Kemp and Raymond Bard forfeited a S45.25 bond. Hearing for E. H. sisemore on a charge of obtaining personal property under false pretense was continued until tomorrow. .Sisemore is charged with giving a worthless check_ in the amount of $5 to the Motor Supply Company here. arc price and wage controls rationing." and All last week others reiterated that theme, nnd today the Federal Reserve Jjoard In Washington through its chairman Thomas B. McCabe asked banks to cut clown on their inflationary lending to business. Voluntary control was advocated because of the record breaking «5,000,000,0"0 increase in bank loans since July 1, when Ihe Korean War got hot. Observers don't look for mandatory lending controls right now. Other industries, notably steel are promising to take care of th' DISSTON Ughf Convertible CHAIN SAW • Con be operated by one or two men • Rugged ye | |i g (,| ;„ we ,- gh , • New (otl cutting chisel type chain • Powered with the Mercury Gaio- line- Engine 30" tight C«n»ct(lbr c *357 5(> Helptr Hand;.,... | | 5* Riechman-Crosby Go, >33 S. fr«M, M«mpMt • Phono $-2464 lovermnent control. CIO Asks Change In Mobilization Murray Seeks Louder Voice for Labor as • 12th Convention Opens CHICAGO. Nov. 20. IIP}— A major revamping of America's mobilization setup—with a louder voice for Ial»r—was demanded today by • the CIO. The demand came from President Philip Murray ns the CIO opened Its Twelfth National Convention in the Palmer House, He made It In his report to the (jOO delegates representing some 6.000,000 CtO members. Murray concentrated so much of his 72-page report on Ihe moblllza- 'lon program that he made it ob- .'lous he considers it labor's most irsent Item of business. He said the Federal Defense Pro- luctlon Act, which sets up the p ro ;ram, "fails In Its purpose us tin mti-tnflationary weapon" and will 'serve only to weaken the mobilization effort." This is so, he said, because the law was "hobbled with special in-crest amendments ami loopholes that make effective price control practical .Impossibility." The CIO. said Murray, "has no intention of permitting rapacious special Interest groups to profiteer on our national emergency, or to shift the burden of its cost onto the backs of the millions of persons In the lower Income nroups." Defense Act Criticized Murray criticized virtually every phase of the Defense Production Act, He said price control provisions vere inadequate; wage controls could be invoked "without regard for economic reality" and credit controls put the "squeeze" on the ow Income groups. The emphasis on mobilization eco- lomics left room for only passing ncnllon of such things as commn- ilsm In the ranks—the hottest issue at last year's convention. Speakers will Include Chairman W. Stuart Symington of the Na- ional Security Resources Board Sen. Paul Douglas (D-II1), former Secretary of the Treasury Henry Morgenthau, Jr., and two present Cabinet members—Secretary of Lalor Maurice Tobin and Secretary of he Interior Oscar . Chapman. Murray, finishing off ten years at he CIO helm, will Ire re-elected late his week, probably Friday. HOLLAND (Continued from page 1) there in bed when the wreck occurred. Police snid the fnrin s'outh's own eagerness to get information on the wreck led to his surest. He returned to the scene of the wreck nbout 4 a.m. and officers said he followed them around asking them what they had learned about the cause of the derailing. After he was taken into custody. Godscy was most co-operative with officers and showed them where he had thrown the hacksaw (iijtt, n corn Held) used to cut the lock flange. Questioned jail after the n Pcmiscol County wreck, young Godsey said, "I'm sorry I did it now. He added that he felt bad about It and guessed that his parents felt "pretty bad" about it, too. He Is the son of Mr. and M Leon Goilsey, sharecroppers, nation's production needs without live about one mile south of Holland. Obituaries PHONE Continued from Page 1. iromlse, both sides actually receded rom their hard-and-fast strike po- Itlons. In the key Western Electric dispute, the union had demanded a 15- ent hourly raise, but accepted a eries of Increases from nine to 14 enls. These averaged, by company igiires. 11.3 cents—or slightly better ban Western Electric's last offer of HVi cents. Previous wages aver- iged from $1.55 to $1.62 an hour. The union • came closer to Its vishes in length of contract, accepting a 15-month term instead of the one-year pact It desired. The union also won some other issues Western Electric said its raises would cost about S4.000.000 a year "lichigan Bell said Its increases of rom $3 to S5 a week would cost :9,400,000 a year nnd call for n rntc boost. The new Michigan contract also is for 15 months. WAR (Continued Irom page 1) toward the Soviet border, is miles beyond Myongchon. The left flank, nine miles beyond Myongchon, beat off n counterattack by a Red battalion. Chinese Communists, shocked by the might of O. N. firepower, were digging in on a new defense line on the northwest front. Their withdrawal permitted the ROK Second Corps to move up \\i t to 3 mile, straightening the u. N. line. The ROK second corps front now runs from a point about eight miles east of Tokchon, along a line Final Rites Held For Osceola Wreck Victim Final rites for Mrs. Helen Vandervoort Jackson of Osceola, wife of Hale Jackson, 'ormer Misslsslpp County sheriff, were conducted yesterday at the First Baptist Church in Osceola by the Rev. Percy F Hearing, pastor. Burial was in the family mausoleum at Ermcn Cemetery | n Osceola. Mrs. Jackson was killed Instantly Friday afternoon when the car she- was driving collided head-on with n gasoline transport truck on Highway 70 near par-rest city. Active [Mil bearers were Ben Butler, Sr., Charles Lowrance, Frank Williams, and L. C. B. Young of Osceola; Charles Rose of Raseland; John Cooper of west Memphis- B O. Swant of Kansas City; and B. Snow Wilson of Little Rock * * * J. L. Thompson Dies at Little Rock Hospital Services will be conducted at 2 p.m. tomorriw for John Lewis Thompson, BlyUieville mechanic of 1143 Willow St., who died yesterday In a Little Rock hospital He was G7. The Rev. W. J. Fitzhugh, rector of St. Stephen's Episcopal Church, will conduct the funeral In Cobb Funeral Home Chapel. Burial will be iti Elnnvood Cemetery. Horn in Shawnee Town, in., Mr Thompson had lived in Blytheville for the past 36 years. He is survived by his wife, Mrs. Clara Thompson; two sons. John L. Thompson. Jr., of New York City, nnd Hal R. Thompson, a sthden't 'it the University of Arkansas; two sisters, Mrs. Mary Bahr of Kansas City, Mo., and Miss Margaret Thompson of St. Louis; and one brother. Hal E. Thompson of Louisville. Ky. Pallbearers will be Abe Kennlng- ham, Damon McLeod, Joe Lintzen- Ich, Jim Gardner, Jake Holstead and Jack Holstead. Cobb Funeral Home Is In charge. CHINA (Continued from page 1) received some unusual instructions: Papers Destroyed Destroy all letters and papers that might Identify them r« Chinese Red Army regulars. Don't talk or otherwise fraternize, with Koreans living in Manchuria. Don't speafc Chinese In the presence of Korean civilians. The army arrived opposite Man- pojin. a border point in north central Korea, Oct. 20 and immediately began crossing the Yalu River boundary. The railway bridge has been destroyed; troops crossed on a narrow wooden bridge. At the same time, other Chinese Red units apparently were crossing into Korea from Sinuiju in the northwest. At Manpojin .the three divisions separated, taking different routes south. One division alternately marched and rode rail cars to Kanggye. Korean commander center southwest of Manpojin. Court Rules on Peru Rebel THE HAGUE. The Netherlands. Nov. 20. (IF}— The World Court ruled today that the sheltering of Peruvian revolutionary Victor Paul Haya De La Torre In Colombia's embassy tn Lima violates present treaties and that Peru is not obliged to give him safe conduct from the country. about three and a half miles north of Tokchon to a point Just short of Knngjong. tastes its age! ..no wonder it's America's largest-selling 5 year old straight Kentucky bourbon! Str.iigllt boiirlm ...it's Hie wiiiskey uij|p 'n its flavor! SO proof. Ancient Age Disl.Co., Frankfort, K)-. ./ U. S. No. 1 Permanent Type ANTI FREEZE 3 Per Gallon 50 GOODYEAR SERVICE STORE _,. 1-1 — --•f i —^~-.. »i^»»v*v.i^vii, wui iiiuc vvi-^i diiuuiiia 11 tinjr. Ihe group favors higher taxes on corporations a ml individuals, but opposes an excess profits (ax. COURT Continued nrcm Pngc 1 lost entirely withdrawn. leav \ he burden of financing the work i the county. W. O. Stinnett, malaria control ipervisor for the county, reviewed he history of the control program 3w in its fifth fiscal year. He said le government will leave trucks i those comities where the pro•am is to continue and that the lit was in "good [Shape". In re- ard to vehicular equipment. Costs Up The county. Mr. Stinnett told he court, will have to spend 15 cuts per occupied house in the ounty—a total of $8,5CO—is the rogram is to continue. -This will tilt necessitate payment of'a yi ee by each householder who wants is house sprayed. He cited an ncrease of 30 per cent in the cost f insecticide. He pointed out that chloradane ad been added to the DDT solu- ion- because houseflies have de- eloped a resistance to the DDT. This chloradane spray will be used isidc homes next year instead of ist outside as it was applied this ear. f Hays Sullivan, of Burdette, a nember of the Quorum Court, olnted out that it wouft be "a ackward step" not to continue he malaria control program in a elta area such as Mississippi Coun- Tlie other Increased appropria- on was for the child welfare fund, 'hich was increased from S4 000 to 5.000. One item 1 was droppeo! from the 051 budget. It was the $1,000 vot- d last year to help defray cost of olding primary elections in the ounty this year. The Court also voted, as it did ast year, to authorize application f any excess funds to the roads nd bridges fund. Several Items Unchanged Budget items which were not hanged follow: County clerk, salaries ami expenses—$10.500. Circuit clerk, salaries and expenses—513,900. Jails—$20,000. Hospltalization—$800. Justices of the peace and con;tables--$2.500. Circuit Court—$17.000. ' Municipal Court—54,600. Arkansas Tuberculosis Sanitar- um, tor care of Mississippi County paticnts—$1,000. County farm and poor home $20,000. Arkansas Children's home and Hospital —$1.000. Roads and bridges—$100,000. Appropriations for the county library were altered but not increased. The amount for operation of the library was increased from $7,500 to 310,000 and the appropriation for the building was cut from S5.000. to $2.500. Ill other action, the court named the following as members of. the county Tax Equalization Board: W P.-Hale of Osceola. W.. W. Prewltt of Osceola, Byron Morse of Blylhe- ville, M. R. Griffin of Dell nnd M. D. Reid of Lciichville. Mr. Reid succeeds Arch Pierce of Leachville. Members of this board serve two years terms. It was pointed out that collection of the county hospital taxes in 1052 was contingent upon the receipt of federal funds to supplement the $600,000 bond Issue to be floated for construction.of the units. These 'federal funds are to comprise two-thirds of the total construction costs. This three-mill levy will be'pledg- ed to retire ihe bonds until- the units are paid for. The one-mill levy, however, must be voted ,it each annual session of the Quorum Court as. long as It is needed for maintenance and operation of the hospital units. Before adjourning, the court also adopted a resolution commending the work of county agents, the health units, the county library and other similar agencies and calling for appointment of a board to correlate activities of agencies whose activities involve children. The Quorum Court is composed of justices of the peace or. the various townships In the county. The following were present at today's session: Bob Greene, C. Ci. Alexander G. w. Raines nnd W. P. Hale, all of Osceola; Richard Thomas of Luxorn. J. H. Luiisford of Etowah, Charlie Felts of Joiner, H. C. Smith of Joiner, Sidney Chrestman of Dyess. Byron Morse of Blytheville, G. C. Marrs of Dell, Arch pierce of Leachville, G. W. Potter of Bli'- theville. C. B. Gauf of Leachv|H*' Jake Richardson of BlythevMeT Andy Harsman of Tomato, w. E. Hagan of Blytheville. Oscar Scott of Manila. Hays Sullivan of Burdette, M. E. Cook of Blvtheville and P. E. Cooley of Blytheville. Miss Elizabeth Blythe. county- clerk, also attended the session and Mr. Cooley also was present in his capacity as county auditor. Stumbles on Prey RIVEHPORT, N.S. —W)— Capt. Donald Cook, hunting for deer, tripped and fell into a bear's den near here. A mother bear and her four cubs were at home. Capt. Cook blasted away and bagged mama bear, who weighed 400 pounds. He escaped without Injury, You Reach More People Through the Want Ads Ads pieced before 9 a.m. will appear same day. AM classified advertising payable in advance. BLYTHEVILLE COURIER NEWS'
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