Kingsport News from Kingsport, Tennessee • Page 3

Distress Selling May Be Thing Of Reality Shortly New York--(fP)--The reluctant customer Is keeping some overstocked businessmen awake at nights. He is also bringing on some price cuts here and there find could prove much more effective than the government in rolling back the cost of living. Distress selling is still mostly In the talking stage, but 'a few industries say they won't be surprised if it appears soon. Some even see the possibility of an- electric Eastern power Coast. output on the Inventories of other Inventory recession the one about time like two years ago, when too many producers and distributors had over-estimated the public's desire to buy.

Price cuts already have been announced by some makers of television sets, hoping to lure the reluctant customer buck. Some farm prices have been de-; textile and other non-durable goods are so high, utility men say. that production' has been cut back the goods can be moved, Converters who take goods from the mills and process them tor the clothing trade have been having their invenloryxtroubles. Some distress selling of cotton and rayon fabrics has been reported. Boston wool merchants say business is so.

slow that it hardly constitutes a market: Mine Owners Challenge New Mining Code Nashville, of coal mine operators has attacked the constitutionality of Tennessee's new mining code in a suit filed in Davidson County Chancery Court. Kashmir Tiff Becomes Danger To World Peace, Writer Says By DEWITT MACKENZIE AP Foreign Affairs Analyst The dispute between India and Pakistan over possession of the rich principality 'of Kashmir has reached a state of bitterness In fact one official nailed and Pakistan were created they dja was thing down like this: "So far as Nehru is concerned problem is settled--Kashmir is India's." If this does represent the final which bodes no good to peace. word from India, the situationJs Unhappily-this trend also has been marked by a surge American feeling among Indians. TTes4waTbroughtWednes-This hostility is due. to two day by Block Coal and Ooke Cor- 8 of the were formed largely, on the basis of race and religion.

Pakistan is chiefly Moslem while India is largely Hindu. At that time the some 600 principalities, ruled over by princes, were permitted, choose the nation which they It so" happened that ia was uii. Both nations have their armed forces in Kashmir and been some fighting, "cease-fire" status Nations here has a THE KINGSPORT NEWS Friday, April 6, 1951 much encouragement In the present position. indeed grave, for there is no m- dication that Eafcstan will meek- accept any such ultimatum; nch ana powerful especially since she regards her hmir slngny comprising ohian Coal tion at Knoxville. Southern Operators Appala- Associa- Named defendants were State Labor Commissioner James L.

Case, J. Welch, the state's chiqf mine- inspector, Eoy H. Beeler, state Attorney Gen- Australian raw wool and New men are Zealand reported nervous lest the United States stop buying their high-priced product, and some price weakness there has been reported. The National Association of eral. State Solicitor General F.

Barry said Thursday Chancellor William J. Wade set a hearing next Monday on the request for a temporary injunction to prevent 'application of the own position as strong. The over Kashmir is based on a peculiar circumstance slngn reas Qf Moslems Ho elccteci to 0in Hindu India, When Jnited States wim sponsoring a UN Security Coun-lwhich one must know order cil resolution which included ar-1 to understand the si.ua.Jon. bitration of the Kashmir ques- i tion--the Indians being strongly opposed to any arbitration. The other is the fact that the lean Congress hasn't voted a gift of grain to needy India.

Prime Minister Nehru-'himself gave this feeling a 'decided fillip by a speech in which he only condemned the arbitration pro- is now feared some authoritative quarters to be jeopardized by the anti- American feeling among Indians. Inquiry in UN circles at Lake Success indicates the peace or- has by no means abandoned hope of a settlement, Probably the greatest concern will revolve about the attitude of Nehru himself. He is a power- The ful. figure in the vast Asiatic theatre, and consequently HP Pi tea lUi-i i i --r without any reference to the either by arbitration or throu; wishes of his.subjects-arm referendum. However, many.

01 iu affairs. Should the Kashmir imbroglio result in war between India and Pakistan, it might produce an Asiatic conflagration which would have no limit. Communism most certainly would tase immediate and full advantage of such a catastrophe, and all between Pakistan and In- 1 anxious posal but declared he shared new i "the resentment of the people Kashmir." His statement was Purchasing Agents says that! The new mining law. by Some farm, prices have been de-' Purchasing Agents says tnati ne mir.mg law. i-noiici cllnlnp.

Some middlemen In the i slumping sales may actually chapter 246 of 1951, substitutes textile Industry have put bar- have as much 10 do as materials a bul; se of provisions gov- observers as Sain taps on fabrics and clothing with which they were stuck. Banks are asking some manufacturers to pay up Ihclr loans by cultlnp; prices if necessary to move their backed-up products out of warehouses. "The public just won't buy." says Defense Moblllzer Charles E. Wilson. He says' that in several Industries, which he declines to name, manufacturers, wholesalers and retailers are "backing down on their prices and unloading excessive inventories." Even in the auto Industry.

where optimism about future sales has been nt a pek. some officials are getting a little nervous privately. Used car dealers stiy the customers are proving reluctant to get going! on the traditional spring spurt, of buying. It may be that a'lot ot people have already bought cars because of the shortage fears that have been stressed since Korea. It may be that people don't have so much money to spend and can't get the easy payment terms they used to.

Jitters In the textile Industry even show up in the decline in shortages for the cut-back in production announced recently uy a number of companies. Other observers think that material controls may prove a boon to a number of Industries in the non-durable and semi- durable goods lines by giving them a chance to lighten then- substantial erning. operation of mines and providing safety measures for several existing code sections. The coal operators that the new mining code contains sections which purport to amerid existing code sections but actually repeal'them. The body of they said, is broader meaning that India won't give up any area Tt holds in Kashmir "Old at -Man, You're Crazy firo neppy -U 70.

Try ith GHIn 1 Conuilns lor.lc lor wrn due M.WJ- io At nil drat; stores everywhere--In oort, nt Cole and Klncsporl Drun. Freeman Wins Award For Neivs Commentary Washington --iff 1 )-- Dr. Douglas SouthaU Freeman, 'noted radio commentator, historian and editor of Richmond, Thursday night received the award of Virginia Associated Press Broadcasters for the best news commentary over larger radio stations in the first annual contest sponsored by the Association. Dr. Freeman, who began the broadcasting of news and comment In 1925, has been continuously on the air since that time.

He broadcasts twice each week clay and once on Sundays over WRNL at Richmond. Calvin Robinson, of WWOD, Lynchburg, won a. similar award for a commentary over stations with a smaller daily circulation, as measured by the Broadcast Measurement Bureau. The awards were presented Thursday night at a banquet at i he National Press Club after a business session of the organization and a luncheon in the i United States capitol with i ninla's senators and representatives as guests. Morgan.

Bcntty, commentator for the National Broadcasting Company and Dr. Freeman were speakers at the banquet. Awards were presented plqht categories of news broadcasting, with stations divided into three groups according to daily daytime 'circulation as measured by the Broadcast Measurement Bureau. The first uroup of stations were those with a daily circulation of more than 50.000 radio families, the second with circulation of from 25.000 to 50,000 families arid the i group under 25,000 circulation. Judges were news editors of three Baltimore stations--John Alctcreon of WFBR.

Al Stevens of WWIN and GfUen Fromme of WBAL. The period was from Jan. 1, 1950 to February 12, 1951. The award for comprehensive news broadcast over Class 1 stations went to Howard Hamrlck, of WRNL, Richmond, Harry Curran of WXGI, Richmond, won a Similar award in Class II and Dick Morgan of WRAD, Radford, In Class III. John Sure, news editor of WDBJ, Roanoke and president of the VAPB received the award for local and state news broadcasts over Class I stations; Joe Guidl of WXGI, Richmond, in Class II and Rod Lea of WWOD, Lynchburg, in Class III.

Winnie Will Visit Truman Washington (ff) --President Truman said Thursday that Winston Churchill will visit him on his forthcoming trip to the United States. The President told a news conference the former British prime minister would- not think of coming to the United States without seeing him. And he added he would not think of visiting Britain without calling on Churchill. He did not fix the date of the White House visit. Churchill has accepted an invitation to address the University of Pennsylvania on May 8.

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