Northwest Arkansas Times from Fayetteville, Arkansas on January 29, 1952 · Page 5
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January 29, 1952

Northwest Arkansas Times from Fayetteville, Arkansas · Page 5

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Fayetteville, Arkansas
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Tuesday, January 29, 1952
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MORTHWKT AUKANIA* TIMH, Foy.tftvlllt, Arkonwrt, TiMxIoy, January if, Eisenhower, Taft Anu Stassen Expected to Fight It Out In New Hampshire Race (By The Associated Press) The possibility of a three-way Republican' race loomed today in New Hampshire's March II presidential preference balloting, first in the nation this year. Gen. Dwight D. Eisenhower already is qualified; backers say Senator Taft of Ohio will enter, and it is possible Harold E. Slas- sen will file by deadline tomor- NEW RIFLE FIRES AT 700-ROUNDS-A-MiNUTEjATE^ |Rj ver Boat Captain Unafraid Of Flood, " ;Slay$ In House Oulside Protective Will row. The word on Taft came from st rat ing "to the Republicans the I drawn! of his name. ! plain truth that they can win A l a - 1 Sen. Harry Byrd of Virginia , bama and the South with Eiscn-J predicted that if President T r u - j howcr." A group spokesman said its members all were former down-thc-line Democratic voters, MAC Arthur Leaves Race MacArthuY made his .statement in n letter to New Hampshire supporters asking that his name be withdrawn from the state's March man runs for reelection, "He will i be defeated by the .Republican j nominee." ! Byrd is known to be lined up i with other Southern Democrats who plan to back Senator Rusprll of Georgia for the Democratic j presidential nomination. Friends of Senator K c f u u v n r o f ' Tennessee--sn far the only an- I nounced candidate f o r , I h e Demo-j cratic nomination--said he has I made it clear to them he would | support the president for another I I orcsidcnlinl primary, the first ...,, ,. ,, , in the nation this year. Ted Johnson in Concord, head o f ! J- Wesley Colburn, one of 10 New Hampshire's Bob Taft Club, j candidates for delegate to the Ilc- Taft stumping in Florida, had no publican national convention who ' comment. But he spoke out, he- had filed as "favorable to MacAr- ..._ fore cheering crowds, on issues I thur" in the New Hampshire race, term if Mr. Truman 'becomes the ]ike foreign policy and honeslv in j said he felt the letter made it j nominee. Kcfauvcr supporters .said government.-He talked at Tampa, plain that MycArthur regards Taft the senator's announcement last 1 St. Petersburg and Orlando. j as an "ideal man for president." i Eisenhower has said lie would 1 accept the Republican nomination but won't seek it. He entered officially in the New Hampshire primary by virtue of his non-with- Stasscn, on leavers president of. the University of Pennsylvania! opejied his Illinois preferential primary campaign at a dinner in Dccalur last night. He discusser! foreign policy, saying lie disagreed ·with both President Truman and Senator Taft. In Orlando, Senator Taft said the Korean War was "useless" and · "undertaken by mistake." He drew ^applause from a crowd of 3,000 when he .said Gen. Douglas 'MacArthur -"w a n t e d to win the war and the administration i did not want to do it. A statement by Mac-Art hur. week that he was in the race "until the finish" meant he would nol pull out in advance of selection of a nominee at the party's July convention--regardless- of whether Mr. Truman is a candidate. Higher Wages For Steel Workers, Increased Prices, Come Closer As Meetings To Talk De-lails Of Problem Are Scheduled SHiLlS FLY KCKITY-tPLIT *a a suklier liics the new experimental lightweight .30 caliber rifle developed b\ Army ordnance. The weapon la on full automatic in Ihe photo. H weighs about eight pounds, hnji n 2U- round magazine, can be fired in ttcml or full automatic. At f u l l . It f\r»:a new TBS cartridges m rale nt JUU roundi'* minute. 1*65 la half-inch shorter than standard .30 caliber. Dnfcn«o jihuto. {hitvrnatiutmlj By SAM DAWSON New York-(/Pj-A steel wage- meanwhile, cmatcd ripples in Re- price boost moves a couple- of publican congressional circles, i steps nearer this week. MacArthur said yesterday, in Steel executives meet ttmor- letlcr asking t h a t his name be | row with Rovcrnment officials to -withdrawn from the New 1 lamp- i discuss steel prices. A way is re- shire primary, that voters choose a "civil" leader as president. Senator Brewstur (R-Mc) interpreted this ns a strong indication ported found to raise prices by $4 or $5 a ton. using the Capchart pricing formula. Friday Wage Board panel meets Stabilization New York of MacArlhur's support of Taft. j to hear the industry's position on j Senator Tobcy ( R - N H ) labeled i t j t h c union's demand for an 18!i "a left-handed slap" at Eisonhow- | cent an hour average pay boost cr. j'for -tool workers. In Montgomery, Ala., a nnn- j A clue to the dollars and cents profit corporation was set up with i arguments to be used tiiis same trend, steel officials believe they'll show the rise in operational costs--the f a l l i n g ratio of profits to sales--on which they could base their claim . t o higher prices under the Capcrcr* formula. And also these profit statements i could furnish argument for the steel executives when they try Friday to rebut the Pulnam-Di- Salle contention that steel companies can absorb at least part of another wage hike. The unions on the other hand, both the avowed purpose of demon- . meetings may be given tomorrow (when United Slates Steel Corpor- jation. the giant o£ the industry, j reports on how it made out fi- i niuiciatly last year. If its earnings drop sharply from Spring Blooming MAGNOLIA TREES SPECIAL Mail Order Offer! ONLY tfft Thanks it. K uol "9 g growing conditions. if. ca - Macnolia Trees arc rf in adequate supnly(2 for $3.50) tills year, so \vc ran olfi-r .vou hardy. Snrlne-Moom- .tiK Magnolias for Ihc atmizine lou- oriee of only 5L ca.. o, 2 Ior 5.1.50! (fs a Jiooo. idea 1o nrder two be- uansc the price nia- nut 5jc this low again -or yejrs. Produce hip wmic blossoms, wilh rosy p i n k .-dRcs. Plant nou- to Rive them a cond start for next Spring. Shipped he ideal t r a n s p l a n t i n g size, a lar^e l-s ft.t Send cash and we pay post- .IRC, or C. O. D. jlus pnstace guaranteed to satisfy loir,, or linney back. Write TODAY. KRUSE NURSERIES, Dept. IU10, ·Inmineton. ill. Magnolia Trees N'ame \ddrrsi will waic!. the profit statemcnls elosely, hopinR to cite their still impressive dollar t o t n i a ; * argument the companies a n afford a wage boost. Any price hike under the Capehart formula, of course. would not reflect any wage hike f h a t might be granted next month I.cfore the strike truce of the union expires. The Capchart .formula . , docs nol recognize operational 1950, a. industry loaders have pre- ^ ^ ^^ -J^ Ju|y " 2(j dieted, management can use those ligurcs in arguing against a wage ; rise. Both Price Chief DiSalle and Economic Stabilizer Tvilnam contend industry earnings arc high I enough t" absorb "a certain ' amount" of wage increases without boosling prices. This arlds signi- ! ricance lo U. S. Steel's report tomorrow. And Ihc "Big Steel" report also should give an indication of how much costs have risen in a year. It is on these vising costs that the industry could set a price hike under the Capehart formula. The Capchart amendment to the price controls law permits companies to raise prices by takinc the highest price for tlicir product in the first half of 1950 and adding to it the ri.'.c in operation costs from then until last July 20. Within that period--in December, 191)0- -sleel prices were boosted hy an average of $0.60 a ton. Price controllers arc now reported to aproo with industry officials t h a t 'operation costs l.ave risen enough to justify another price hilce under the Capchart amendment. Industry and Washington, however, may not sec eye to eye on just liow much is justified. Nine-months earnings (statements of the steel companies, issued three months ago, si owed net profits after taxes considerably below the similar pcriou in 1950. Sales, on the other hand, had climbed. The result was that the ratio of net profits to sales was considerably down, lower in fact than anytime since 194G. If the year-end statements show January Clearance Sale Dresses SSSiSr choice 5,00 3 Coals ] sizc 20 - w ° s 59 95 ' now 3QM 1 size 12, was 34.95, now 17.50 1 size 10, was 64.95, now 35.00 3 Corduroy Coals 2 Tweed Jackets £ 5.00 w e rc 25 .oo 15.00 Suits 3 woo! siie 14 18 4 rayon, site 9-1 1-1 8 15.00 W ° o1 ' Corduroy, Gabardinc4, 00 7.95 fo 14.95, now 4,00 Formal* Dinner Dresses, 15.00-20.00 Pastel Satin Negligees 17.95, now 7.50 10E. Ctnrer ALL SALES FINAL ALL SALES CASH The steel workers base tiicir demands on the rise in the cost of living sin-.c their last \va«e boost in December, 1050--at the lime the steel price went up $6.60 a ton. They also want wage increases tied lo rising productivity, contending they arc turning out more steel per man hour now. And they seek a guaranteed a n n u a l '.var'.e. Productivity lias been rising, largely due, the companies say. lo the new steel mills being put into operation with advanced operating techniques, and to improvements in existing plants. The steel industry ii spending about five billion dollars on ths expansion program The f n a l word in the wage-price demands will doubtless lie with Washington. The steel industry contends lhat without a price hike it cannot consider the wage demands. And the union s ys that it will strike at the end of next month if wages are not raised. The hearings this week should go a long way toward indicating what .formula of raising wages and prices Washington will hit upon to meet 'he demands of both sides and avert a strike. Two Killed, Four Hurt In Mexico Gun Bailie Tijuana, Mcxico-f/Pj-A policeman and an unidentified man were slain last night during a running; gun fight. Four other persons were wounded. The policeman, AdalbcrU Villa Lamadrid, -10, was shot five times during n chase after a two-gun assailant. He had reprimanded the man for annoying women at a bus station. The officer's assailant was rid-, rtled with gunfire from several policemen who joined the two- block chase. He died in a hos- i pital. "·The Peshtigo forest fire in Wisconsin in October, 1871, covered 1.280,000 icrcs and caused the death of about 1,500 persons, tlonal Geographic Society. 1 2 GALLON Vanilla Ice Cream 64c Holland Broi. leckti Plant Small Loans Law Rejected By Chancellor Companies Say They Will Take Case To High Court Little Tlock-(/P)-Chaiues provided in the so-called Arkansas small loans law have been rejected niiftin by a court as borrowers continue to allack the legality of the 1951 act. Pulaski Chancellor Frank II. Podge yesterday ruled three Little Rock loai. companies made excessive charges under act 20,1 of 1051 on loans. He set aside the loans and mortgages involved. Attorneys for the defendants-Seaboard Finance Company, Qua- oaw Finance Company, and Family Finance Company--said they would appeal the decision to the Arkansas Supreme Covirt. which has not yet ruled on legality of act 203. A similar case from - J e f f - erson County is pending before the court. Judge Dodge held that service charges made by the firms were excessive; that l i f e insurance requirements were unwarranted and that such charges were designed to evade the i n per cent m a x i m u m interest permitted under the usury law. One of t h e cases, that of "Richard and Alma Fac Brodcrson against Seaboard, involved a promissory note for $1,224 payable in 18 months. To obtain the loan, the Brodcrsons delivered a chattel mortgage on household goods and a car. Extra charges included .interest nf $91.BO; service charge $40.96; filing fee, $1.25; automobile transfer, SI. and a $30.72 premium on a life insurance policy. An insurance premium of $59 also was required on the car, leaving a net balance of $993.27 received by the Brodcrsons. !; Judge Dodge ruled that the service charge "was not reasonably relative to service rendered the borrower," and that "the requirement that the p l a i n t i f f secure life insurance in addition to securing insurance on the ncr- ;onal properly to secure the loan was unreasonable and unwarranted." Furthermore, Judge Dodge said, interest charged on the loan is in excess of the 10 per cent on the amount of the loan, less interest, when figured on the partial payment plan ns required by Jaw. Similar decisions^ were handed down in the other two suits, which were almost identical. Kan., wre married January 20 by County Judge Witt Carter. Art KnUen and Mrs. Annie R. Kiii^hlcn, both of Dcnnard, Ark., were married January 23 by the Rev. M. B. .McEnr.ro. Theodore R. Simmons, Lawton, Oklii., jintl Miss Violet Annabr-llc Catc, Springdalc, were married .January Hi by tlxc Rev. Mary Taylor Hull. ;'. , ' Jack H. Loring and Miss Dorothy M a e ' A l l e n , hnth of \Vobslcr City, Iowa, were married January 14 by the Rev. i.). L. Dykes, Jr. ' . D. Wflgruin and Miss Nellie Baker, both of Fayettrville, were i.:.. ..,,,.. u ,..:ui:t;y 3 by the Rev. IVL;; L'. Waggoner. Harry Dale n u f f r i r h l , Colorado Spring;-, Colo., unu iMiss Gei'aldine Lucy Bel flower, Oklahoma City,: OUIa.. were married J a n u a r y 1 by: the Rev. William 11. Ludwig. i P a l l a d i u m , one of the precious p l a t i n u m metals, is one of the newest of the rare metals used in jewelry today, mo.stly for making settings ior precious .Clones. The felt tents of the Mongol tribes of Asity arc called yitrts. Advertise In tti« TIMK8-- It p»yi Puinl Puessant, U'. V.r-MVA , three 59-year-old river br»Hl en plain trot! the "deck" of the f r o n t porch of his \t\K cement block hou.se last night a rut defied Ihe boiling waters of two flooding rivers a.^ i his fcllmv ton nsmen nestled bc- I hind the shelter of a new flood [wall. i Veteran H i \ r i m a n Clutrfcs C. ! SlniH' iuf-l doesn't " t h i n k much | about floods. He'* ready to prme . t h a t his imu.'e "U i w i t h n very wide, ! I Ion." | The house Is situated a fi-w.; i hundred yards from the j u n c t i o n 1 ; of Itic great K a n a w h a and Ohio' j rivers which were reaching for U.s : doorstep la«t nishl. It find two others ;ire outside the c u r v i n g : heights "f a now. 20-font flood 1 wi.|f t h a t c'c.st Sil.OfHl.imo to build. For the first time in the town's cif-'.-ii-upt hislnry v i r t u a l l y atl the other -1,500 residents of Point PlensfiiH were safe behind the \v;iU ; ns the rivers climbed toward an I expected .Mi-fool crest Wednesday-- K) feet nhove flooti stage I There are 13 residents in thi .housex outfiidf the fJocd wall. None of the 13 had moved late yesterday, but furniture wan being carried upstair* In alt but-' the house in which Stone Uvti. He estimated that the flooding w.iierx will fall three feet "short of his livma room. He moved, tlilnir.'i.out of his basement ind ' prepared lo sit it out. The U.S. citizen uses more ilecl than any other commodity except water, says the American Oeo- a strona one. · firaphlt . n , Society. solid ^ouiu'^n- _TM^^^=^T -i--^ with Rich Maple Flavor! WE STOP YOUR COLD WAR" Don't Itt (taking faucttt, knocking radiator* a n d other minor illi grew lnt» major repair jobf. it«(l th*m now and lavcl Call today for our tervict. ^ Job To* lif NeJobT»o Small D PIUMBIHC CO. 231 W. Mountain Marriages · Norcy A. Centers, Winslnw. and Miss Evelyn Cromcr, A linn, were married January'25 by n. V. Morrison, justice nf the peace. -Turk U n i t and Miss Allcnc Perry, both of independence, K;m., were married January 24 by tlic ! Rev. A. !.. Lcakr. | i!. D. MtVnhollanrt and Miss ; ' vclja Hccrp, both of THhlef|uah. · Okla., were married J a n u a r y 21 i - .' -mes H. Kays, justice nf the · peace. j Cecil B. Mi-Kcc and Mi.ss F-ctt? ' J a n e Hall, both of Kansas City, U. of A. Basketball Games OPEN TO THE PUBLIC Thursday Night, January 31 Razorbacks Vs Pittsburg, Kan. Teachers Garni Time 8:00 Arkansas Freshmen vs Beebe Junior College Gam* Tjm« 6:00 UNIVERSITY OF ARKANSAS FIELD HOUSE Adults $1.00 Children and High School Studtntt SOc It's Loaded--So Be Careful! Before you drive tlic Golden A n n i v e r s a r y Cadillac, there is one t h i n g we should like tu impress upun y o u ; It's haded--MI be cartful! There's more power in t h a t d y n a m i c engine thitn you'll firr need--except for tile rarest emergency. And it should never, never be used for dramatic display on t h e get-away. , I f somebody else w a n t s the honfcrs when the light t u r n s green--let 'cm go. Vou don't have tu piovc a n y t h i n g , a n y w a y . Hut t h a i grcal power \cnrks for you--even when you're not unleashing it tf the l i m i t . It works for you as a rcicrsc-- and gives vou i h a i easy, q u i e t , flowing ride which makes a Cadillac such a joy to own and such a t h r i l l to d r i v e .. . I t giver, you t h a t slow-moving e n g i n e -- t h a t simply hnji at all legal speeds -- a n d w l n t h is a literal M e t h u s e l a h when it comes to long life . . . Till: COIJIKN A.VNIYKIHMKY Ami it is a primary reason for that unbelievably luw upkeep expense, at which Cadillac owners never cease to marvel. Some fleet o'wners have found, for instance, t h a t Cadillacs cost less to operate ind m a i n t a i n than any other cars they have ever used. And the easy-going engine, t h a t nectr operates under strain, is a big factor in this economy. Yes--Cadillac's great power vorki for you--and is nffciinry--and is one of the vital reasons why Cadillac's performance is so outstandingly different. Hut we t r u s t lhai no Cadillac owner will ever use it for dominating the highway."To 1 do' so is not only counter to the rules of s a f e t y -- b u t 'it is not in keeping with ihc graaousness the moloung public has conic lo expect from the person who sits at the wheel of a Cadillac. Have you seen t h i s great Golden Anniversary creation? If n o t , we ''iiould U*: pleased to welcome you lo our b h o w i u u m s -- a t any lime. HATFIELD PONTIAC CO. 22-24 EAST MEADOW FAYETTEVILLE, ARK.

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