The Courier News from Blytheville, Arkansas • Page 3

MONDAY, DECEMBER 14, loss BLYTHEV1LLE (ARK.) COURIER NEWS PAGE THREE Two Plans Emerge Through SmokeofRed-Hot Tariff Battle By SAM DAWSON NEW YORK (AP) The tariff battle gets white hot today. Both sides are slugging hard those who want American industries (particularly theirs) protected from foreign competition, and those who want trade barriers lowered so that they can sell more American goods (particularly theirs) to other lands. Into this welter of words today come two suggestions that maybe another way can be found to solve part of the world's trade problems that maybe the question of U. S. tariffs is getting too much stress, both here and in Europe.

One is set forth by the American Iron Steel Institute. It holds that our piecemeal tariff policy is outdated. It asks for an entirely new approach to the whole foreign trade question. The institute would set up a for- r'eign trade commission. The present U.S.

tariff commission would become merely a fact-finding board under the new one, and the Export-Import Bank would become merely its fiscal arm. The new commission would look into all phases of world trade and Kive a "constant review of changing factors in the foreign economic scene." Another some are guessing it may come close to what the administration will finally ask of set forth by Juan president of Pan American World Airways, after consultations with Washington leaders. He calls it a middle ground view. Trippe would soft-pedal the battle over tariffs by extending the reciprocal trade agreements act for two years with a mandatory review of all present tariff schedules during that period. Then he would concentrate on ending burdensome frontier formalities, on increasing duty exemption to American travelers to $1,000 from the present $500, seek ways to increase American investments abroad and boost American tourist travel.

Pan Am, engaged in international transportation, would gain from all these plans. But middle-of-lhe-road proposals won't cut off the stream of talk about tariff policy. Today the talk is particularly loua. Her is just a sampling of the pro and con arguments: In Chicago a foreign oil policy committee is, hearing proposals that imports of residual or heavy oil, which competes with coal, be cut (o five per cent of domestic demand. The National council of American Importers today asks "protective duties only" and abandon ment of tariffs as a revenue source to the government.

Undermine Security Chemical company executives, fearing West German competition, say tariff abolition "would stagger the chemical industry." The Synthetic Organic Chemical Manufacturers Assn. adds that lowering of tariffs would undermine national security since the best thing this country can do for the economic health of our allies is to keep American level of economic activity high. The National Wool Growers meeting calls for in Long Beach, "adequate tariff Sam Goldwyn Has Best Formula For Re-Releasing Old Movies By BUB THOMAS quarter the money it made on the HOLLYWOO shortage of movies has brought greater interest in reissues, and Sam Goldwyn has a formula for them. "Most theaters allow reissues to sneak out, as though they were first release, I will be happy. I have never released figures on my pictures, but I ow that it is second only to 'Gone With the Wind as a moneymaker." Variety has listed the "Best something to be ashamed of," says Years" take in this country and the wiiy proeucer.

"I'm bringing Canada at almost 10 2 million. back 'Best Years of Our Lives proudly, as though It were a new picture." Sam, who knows how to milk the most money from a picture Is putting on quite a campaign for "Best Years." He plans to spend a quarter-million dollars on an advertising campaign. He eted off the drive this week with a dinner and showing of the film for the Hollywood press. "I am bringing back this picture because of the many requests I have received from women's clubs. Veterans groups and other organizations," reported Goldwyn.

"I feel the message in this picture is just as important today as it was when it was first released. After all, men are coming back from another war, and there is a whole new audience. "We will go into towns and play important first-run theaters with this picture, starting after the first of the yearr If it makes only one It was first released in 1946 and starred Frederic March, Myrna Loy, Dana Andrews, Teresa Wright, Virginia Mayo and Harold Russell. March picked up an Oscar for it, Russell two two, William Wyler won for direction. Robert Sherwood for writing and Goldwyn got it for the picture, as well as an Irving Tahlbert Award.

The picture stands up amazingly well after seven years. The dialogue and acting are as crisp as new, and the only thing dated is the length of the women's skirts, which are a trifle short for these times. Goldwyn added that he plans to give the same treatment to some of his other classics. Among those he mentioned were "Wuthering Heights" and osdw.rthoD'" MGM is dusting off the screen's top grosser, "Gone With the Wind," for still another Like "Best Years" it will be shown on wide walls." The National Assn. of Wool Manufacturers, on the other hand, asks a gsenate committee for a "flexible tariff." The Overseas Automotive Club of New York, on the other hand, as told by Lloyd K.

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