Northwest Arkansas Times from Fayetteville, Arkansas on May 24, 1952 · Page 4
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 4

Fayetteville, Arkansas
Issue Date:
Saturday, May 24, 1952
Page 4
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4 HOKTHWHT ARKANSAS TIMB, toyMMvlfa, AriUMMt. Saturday, May 14, If SI Kurtfyntrrt Arkaniaa 3Jtt«f» r«ni*rir riy»BtTUit PublUMd dallr txeipl lundir br rAYETTEVlLLE DEMOCRAT PUBLISHING COMPANY Rob«rU Fulbrlshl, Prtildtal Found.d Junt 14. 1110 Intered at the pott office at Fayettevllle, Ark., as Second-Class Mail Matter. ·M E. Otarhari, Viet Prtt.-Owitral Maaaf" Ttd R. W r lli, Editor MEMBER o r The Associated Press is exclusively entitled to the use for ^publication of all news dispatches credited to it or not otherwise credited in this paper and also the local nev.'s publlihed herein. All rights ot republicatlon of »peei»l dii- patchet herein are also reserved. TM SUBSCRIPTION HATI» PIT w«k ........ ........................ ·*· Jbv carrier) '. Mall r«u.i In Wiihlnltcm, BnUn. Midiion com- 1C; Ark., Una Adalr ctiunlr. Okla. , '»», month ................. ..... ................ «e ntwt nvnlhi ------ ................ ------ - ----- 1210 I* montha ....... - ..................... -- ----- ~H-M nc y»ir ........ ........ -- -Mat! It eounllfi other than above: ni month ... ..... ................... hre« month* ....... ....... -.- ......... lie montht ..................... _ )M yftr ......... ..... ............. All mall payable In advance II a» I2.fl I4*» MOO Mtmbtr Audit Buraau of Circulation ime For The Facts If "criminal ncKlipence" hnn "clnggr.A production linns" neceiwitalinK the rationing of ammunition for Unrtcd Nations troops in Korea, Speaker Ram Rayburn 'nost assuredly is correct in demanding ;he fsitnatinn he investixatfid. He called 'or such nn inquiry yesterday in an ad- ilress to ConKresg. ; The House speaker, Mr. Rayburn rarely comes down from his chair tn address .gis fellow members. Thfs was one of those unusual occasions. He was spcakinjt in sup- part of a foreign aid bill which is pending. ? Russia now has air superiority over the Americans, and (he "margin of our ·tomfc superiority is daily disappearing," ne said. . If such is the ca«e, it isn't because appropriations have lajrgeri. Billions have been.provided for furnishing ammunition, puns and weapons of all nature and description for the American ffchtinj? man io use against the enemy. If a production lag has caused a shortage then nn investigation is in order, and the sooner the better. We in the United States can do no less than to provide our fightinpr men with the latest rn equipment so that they may suc- eeapfully defend themselves. If we do less then we are open to the harshest criticism. "I don't know who is responsible for this bit of criminal nnKliEnnce," said the speaker, "but we ought to find out quickly." Questionable Terms The recent Western Union strike cIMn't. trouble folks in this area too much--it was fnost noticeable rifrht at the start, some Jveeks aRO, when workers first went out, than it has been in days just passed. That. Kas because a number nf the employes In the offices we in this region Heal W i t h mostly, didn't stay out, on strfke. or didn't. Btrike at all. A good many of t h e m continued to render service to the public right ·long. But in some points the telegraph offices were closed and remained closed. Yesterday the terms worked out by the union to which the workers belong, and the company, were announced. Two of the conclusions sound questionable. In the first place, according to t h e Associated Press 'version of the arrange- ftients, the pay hike agreed on does not affect those workers hired before November 3.1941, but gives a 10-cents-an-hour boost to those employed after that date, and a ?22-a-month hike for those working 35 .· hours a week. Those hired before Novem: 'her 1. 1941, will have a reduced work week. In other words, if you are a more recent employe of the company, you get a pay .increase--if you have worked for the company for 10 years or more, you don't get I an increase, but you do have to work fnw- · er hours. Fewer hours work won't help ) pay the grocery bill. , : In the second place, the union shop arrangement was changed so that workers .do not HAVE to belong to a union, hut. ·they MUST pay union dues. They can get out of the union, or not join when t h e y go ,to work for Western Union. But regard- jess of this, they MUST pay regular union dues. They'll Do Itj^ THE WASHINGTON Merry-Go-Round w ·r DREW PEABBON Washington-- Nrw that Jim McOranery has becomi attorney genera!, it mlfht pay him 'to have his subordinate* dust tht cobwebs off |H the reports sent by other government department! requesting Investigation nf graft and corruption. He would get some interesting cases trim the RFC on Congressman Boykln of Alabama, and the B. and O. Railroad; from the Commerce Department nn shipping and sales of tin tn China; plus various others. And if McGranery's subordinates fall to locale all these cases underneath tht dust, thil columnist will be delighted to help. As a starfer, the new A. G. might look at a case which the Commerce Department sent to the Justice Department months ago involving surplus government tankers, this one featuring Adm. Harold 0. Bowen, former chief of naval research who assisted in developing the atom bomb. Shortly after Bowen retired in 1947, he turned up as a stockholder in the United States Petroleum Carriers, Inc. He bought 2SO shares at 12 a share, signed applications to buy four surplus tankers from the government, then sold out for |2SO a share immediately after the tankers were delivered three months later. In other words, he reaped a fabulous $(12,000 profit after investing only $500. Hhis chief contribution was use of his name to wangle tankers from the government. A similar quick killing was made by another stockholder in the same company, Robert W. Dudley, who like Bowen, parlayed a $.100 investment Into a $62.000 profit in three months. Here is (he ama/ing sequence that led to the get-rich-qulck profits by Bowen and Dudley: 1. Dudley represented a group of wealthy Greek shipowners who were trying to purchase surplus tankers from the Maritime Commission. The application was turned down September 12, 1847, on the ground t h a t the applicants were not American citizens. 2. Two weeks later the United States Petroleum Carriers, Inc.. was formed with Dudley and Bowen as stockholders. The only other stockholder was Robert L. Berenson, an intimate of the Greek shipowners, who held 100 shares. The new corporation promptly filed an application for tankers, signed by Admiral Bowen as president. 3. The Maritime Commission approved the sale of four tankers to Bowen's corporation on December .10. 11)47. Exactly one week later, both Bnwen nnd Dudley sold out to the Greek ship- owners' friend, Borenson. He, in turn, sold a 48 per cent interest to Socledad Industrial Marltima Financiers Artona, a Pamamanjan corporation owned by the same Greek shippers who had tried to purchase the tankers in the first place, but were turned down. 4. Beretmm borrowed the money tor thin deal from Simppon, Spence and Young, New. York fiscal agents, who happen also tn represent Berenson's Greek shipowner friends. Berenson was able also to borrow $1(5,*04 without putting up a nickel security. Thus, just a few we»ats aJter the Orwta had been turned down as purchasers nf the tankers, their Panama corporation turned up with the tankers--thanks to tht Influent* of American friends. * + * . This whole case was investigated by Maritime security officers and submitted to the Justice Department a year ago. And that's exactly where the rase lies today, gathering dust on a Justice Department shelf. However, this column has been able to obtain a copy of the Maritime Investigators' pecrel report. The report identifies the dominant Greek ship- owner in the case as Arlstoteles S. Onawis, who is Greek by birth, Argentine bv naturalization but lives in luxury in the United Stales. He does most of his business through South American corporations, which give him the maximum tax benefits. In case new Attorney General McGranery is unable to locate the report among tht cobwebby pigeonholes of his department, here are some important quotes from it: "Onassis and his foreien a f f i l i a t e s entered the corporate picture on January 7, 1948-- after the ( M a r i t i m e ) Commission had approved (he sale of the tankers. However, in late November and early December of 1947, United States petroleum carriers informed the commission t h a t financial and chartering arrangements had been marie .'or the vessels in the application. These arrangements were apparently made by Onassis. Therefore, it appears probable that Onassis had an undivulged interest in the corporation at the time the commission approved the sale of the tankers. "On January 7, 1'948. Berensoo owned fill per cent of ihe stock of USPC and Ariona (Onassis 1 company) owned 40 per cent." the secret report continues. "Within the succeeding six months Rercnson reduced his share to 4B per cent bv selling ten shares each to C. N. Carver, A C Storen and N. Cokkinis at a loss of $ 1,500 on each block and DO shares to Ariona on a break- even hnsis. What induced Berenson to sell this 12 per cent interest in USPC thereby giving up Ins majority Interest just at the tiro, the corporation had become a profitable operation? It waj not for the profit; he suffered a loss. It was not for ready cash; other sources of cash were open to him." + * * It was against the law, of course, for these ships to be sold to non-Americans. That is why the report points out that at least two of the three new stockholders, not counting Berenson himself, had been lied to Onassis in the past -- By Jimmy Hatlo --ii ^, OFFER VOUR PALS A RIDE, ALL 6OIM6 TO "THE SAME SPOT you r*i AHO 6B3»!0 XVE. CAH I GIVE AW Of X3O FELUJtVS A LIFT? Strange World We Live In Nowaday! So the report conclude?: "At leapt three of the American principals in USPC appear to he available to Mr. Onassis to perform tasks which require United States clizcnship as the primary qualification." The investigators asked Berenson about his amazing, non-secured loans which enabled him Io buy out Admiral Bowen and Dudley. Their report declares: "Berenson admitted that he had borrowed these funds cm a personal loan from Simpson, Spence and Young, goneral agents in the United States for the Onassis interest . . . These personal loans are three-year, non-interest hearing, non-secured loans . . . Onassis insists that he is not the guarantor of Berenson's loans, but Gmi.Miis does a large chartering business with Simpson. Spence and Young. "In investigating the possibility t h a t Mr. Berenson's loans might have been secured by foreigners," the report adds, "we examined copies of his tax returns for 1947, 1948. 1949. and 19SO. It was noted that a $12,000 dividend lecelved hy Mr. Borenson from USPC on March IB, 1949, was not declared as income on his 1949 tax return. When the question was asked fls to whether the dividend was in fact his, Mr. Berenson stated that it was his. He staled t h a t It was merely an oversight that he had not declared it on his tax return." But the final eyebrow lifter was discovered in the stocks, themselves. Though Onassis owned 4fl per cent outright nnd appeared Io control the lest of the stock, each share carried the following restricted endorsement: "These shares are hereby sold subject to the condition that they may be resold or transferred only to citizens of the United States." Thus, though it was specifically forbidden on the slocks themselves to sell or transfer them to a foreigner, Onassis ended up owning thorn. Questions And Answers Q--How many pairs of Hudson Biver tunnels connect Manhattan Island with New Jersey? A--Five. Bewttett 6e^ The parson's wife in a small Connecticut town is a wonder at making a little go a long way, and boasts that she never throws away one scrap of edible foori. One of her dinners consisted entirely of leftovers. The parson viewed the food on the table with some distaste and began picking at his food in .silence. "My dear," reproved his wife, "you've forgotten to ask the blessing." "If you can point out one item on the menu." he answered sharply, "that hasn't'been blessed at least three times before, I'll see what a little praying can do for it." * * * ,Ioe Frisco came back from the racetrack one rainy afternoon with a gimpy left leg, but the doctor could find nothing particularly wrong with it. "I guess, Joe. you'll simply have to chalk up the pain to old age." "That c-c-can't be," stuttered Joe. "My right leg feels f-f-fine. and it's exactly the s-s-same a«e as the left one." * * * For the man who is always -oreathless and .burdened with "too much to do," Karin Boon's pdvice might be useful. "Being rushed is not a virtue in itself." he points out. "It is merely a sign of had management. The art of living consists not in stuffing the day as full a possible, but in getting through that day with a sense of achievement, of enjoyment, and without excessive fatigue." * * * Bits of wisdom from Irving Hoffman, the Hollywood sage: 1. A good way to give your car a lasting finish is to try to beat a train to a crossing. 2. It used to be the father who gave the bride away; today it's some peephole columnist. 3. In cafe society, an aristocrat is a person who can Irace his ancestry back to his father. 4. A youthful figure is what you usually get when y'ou ask a lady her age. TUB STORTt Jack prlvatr dftccltTr, b o r r o w * D r . Hnnil Willlnjc't n*mt a»4 «l«, OH the MM* night «·;«* ·»« bIJnrt HI.. Katkrrln* «h«w. who w». to MTt n««(NM at th* hum* mt Dr. r.lMftter, · p*rrhl*trt*t. mlmn Urn. HrlHftlrr. wtpkrw «f Hlta 8h«w. ·iitf rMrlelte l)f«a, krr mrcrttmrr, ····!* »fcp* HKht OM the ·*** ***·«··'· 4»Htb «r her roMHtrtlOH with Dmtcgtm. tm permit of cl«e«. DdBll *or* i* 1h* country rim* · where tht ·«»prrt» metm to COM- Krrgrnrf. There he fnltta tr Brrt Cnnwlnr. who nlth Ma wife I*n1dn. wrr*! »t 7Jmnt*r** ptncc tht »lchl D«*««* w*» poUnnrd. · · · XIV DEBT CANNING snipped oft the end of a elgar and lighted U. "I didn't pay attention to you at Zimmer's that evening, I had no iden that you were Basil Willing and I had no idea that anybody was going to be murdered." Canning drew on his cigar. "Do you like working with the district attorney r « office?" "Yes, or 1 wouldn't do It Do you like polities'" "I'm not in politics." Canning's face was expressionless n his voice. "I've never been able to understand why men in their senses become candidates for of- dce." "Perhaps they like power." Tower?" Canning came as near to smiling as h« ever did--a mere parting of Ihe lips with * sour '.·.-.·lit at one corner, "It's not they who have power. It's the men behind the s e e n e t who get them elected." "And you are one of those?" "I'm not admitting anything." The stolid ryca shifted to Basil again. "But thit'a what 1 would be--If I wanted power." * "I was wondering If a m«n like you would kill (or the sake at powtr." Canning laughed harahly. "Mur- (Mrtri tain In detail. They kill (er mon«T tr IUM, (Mr tt rtvtni*. All tern o( thlnn. But, mwaUcilr, Uiey-rt ill nlltvlnc MntMa. All ·Mklnf pN«t M mind." ·How fM · man Iwvt P«K« ·! niot one* IM'I kilMT' Once more Canning laughed : A strong man doesn't feel remorse and an intelligent man doesn't get caught," "Then you believe that a strong intelligent man who had enough money to buy all the obvious safeguards could kill without being caught?" Canning was surprised. "There ire mighty few things, Dr. Willing, that intelligence plus money cannot do in the modern world." Canning twirled his glass, then took a sip. "Have you ever thought you might like to be health commissioner?" · · · BASIL was startled. Then he remembered the double brandies. 'That's a dull administrative lob," aaid Basil lightly. In the ballroom, music died There was an Influx of talk and laughter as dancers sauntered back Io their tables In the bar. Canning turned incurious eyes on them. 'Why don't you all come back to my place and finish tht tvenlng hew?" Basil was t little surprised to Ind that "you all" Included Brinsey Shaw as well ai hit own party. Cypress and rhododendron flanked he flnt-roofcd house that stood squarely on the crest ot · hill. Canning unlocked a tide door, and showed his guesti · long, low- 'eiled room, gaudy as a Christmas ackuft. There was · billiard ahlt and while the others played nd Canning was at the bar, Ba»ll ound himself beside Isold* on · green leather sofa. Sitting beside her, he had hit first good look ut her (act. Undtr distorting, almost Egyptian musk of eyeshadow, mascara ind llp- tlck. It was naive as · peasant glrl'f-- wide-spaced eyes, short not*, (ull llpt and hlfh cheek- bOMl. -W«r* drinking to* much, tart and I. U doesn't Twther Mm. But t worrm mt Btrtust It's begin- olnt t* makt mt (at. And I otnt stop. That was the first reason I went to Dr. Zimmer." She caught her breath and paused. "Please don't tell Bert I'm a patient o( Zimmer's. He thinks Zimmer is just a friend ot mine. I never meant to tell you but liquor makes you indiscreet." "Has Zimmer helped you?" · · · "1VOT very much. He says alcohol supplies all the energy I need so the food I eat Is all stored up In my body as fat But it's hard to live with Bert and cot drink." "What was your other reason for visiting Dr. Zimmer?" queried Basil. "You said that drinking was only the first reason." A look of fuzzy calculation camt Ento her eyes. "I dont know what I said. What I need Is another drink." She rost laboriously and walked with precarious steadiness toward the bar. After a few minutes he crossed [he room to the only door that led :o the rest of the houst, hoping here were no stairs or other booby .raps for her unsteady fett Isolda had seemed near coUapM. He found stairs and descended in darkness. Evidently tht btust was built against tht side of a hill with the gamt room on tht upper evel. At the bottom he frtped for a switch and (eund ont. Light blazed. Tht room was empty. Somt quality In its stillness disturbed Jaiil. He stood looking about him. t was what a modern architect calls tht "living-dining aret." Inside there were no partitions that retched tht celling. Then went merely built-in cupboards, or, ·ather, 'slortft spaces." No wonder Canning and Isolda wtrt t Ittlt tired at tach othtr. Ptr- petual Intimacy was forced Intx- irably upon tht Inhabitants of tht houst. All ht heard aa he stood thtrt was tht moan of a hoot owl JuJI outside. "Hoom" was not the right erm (or this vtst span. Every outside wall aa a huft plate-glass window, Tbw S«*» hoart iMMthUi- at If a ht*Tjr *olttt Had taUtat M «// A Column of Comnunt ·y ROHtTTA FULMIOHT . The following was written by Mr. 'Fenner Slice, general manager of the J. H. Phipps Lumber Company w h e r e Shorty Smith was employed for 8fi years. I believe that Mr. Stice here expresses the sentiments of aii who knew Shorty. Roberta Fulbright Shorty (F. E.) Smith Shorty (F. E.) Smith worked here for 35 years. He commenced as a felloe inspector's helper, and in time took on the inspection of other lumber--both wajron stock and and industrious m»n. He found thing's to do. And he surely had little patience with the lazy. He was most methodical in the matter of his personal finances. He kept books nf account--one of the well known ones being his "pocket knife book." H« was * professional knrfe swapper and while I never saw the book, it was said that he had a written record of every knife trade he had made for the past SOyaars. He had no children, hut adopted a child, Carl, edu- dimension. He became expert |cated him and Car! now lives in all three departments. He was one of the few men in this entire area who could grade lumber in strict accordance with National Hardwood Lumber Association gradmg rules. He was something of a per- in Rogers -- with Oklahoma Tire and Supply, I believe. Shorty owned his own home, owed v nothing. I understand, left some life insurance that I know of, and seemed always to have money to loan-at interest. fectionist in his lumber buy- He neither smoked nor ing. His mind simply could i drank, was most punctual and not tolerate the thought of deviation from grading rules. As a result, he srraded everyone's lumber alike. He played no favorites, nor did hfs methods vary one iota from to year. He was careful ,o see that Phipps Lumber Company got what we paid 'or, but at the same time he wag careful to see that the seller was paid fairly for what i« offered for sale. Roughly, should say that during his employment here, this company paid out about $4.000,- regular in his work habits. He liked to kid people and took kidding in return in fine spirit. Consequently he was liked well by all. Even the sawmill men, who grfped about his severe inspection, always liked to kid with him when the smoke of wordy battles over the load of lumber had cleared away. Shorty was a solid, provident, level-headed, cheerful, energetic, and useful citizen. He earned every dollar he got here way and p a i d his . _, 000 either on Shorty's inspec-1 through life--on a cash basis, .ions, or on the inspections o f : It's a great pity we don't hose working under h i s . have a lot more Shorty Smiths. We all miss him here, upervision. Shorty was a very energetic and will for a long time. !*·» l)ear Miss Dix: Do you know of the walk home alone, any respectable clubs in which ; If you become serious about any middle-aged couples can meet and i one boy, the situation would un- get acquaioted? People say that j derjo a change. A boy who likes the church is the best place lor i you considerably will not be de- such contacts, but I have not terred by distance. Don't let false found it to be the case. MARY G. Answer: There are many social pride keep you from being frank about your living conditions, clubs of high standing fulfilling should you become especially in- the function you mention. Of terested in a particular lad. course you know they charge for . membership -- sometimes quite a Dear Miss Dix: As marriage bit. Recommendation of any of j goes, my husband and I get along these clubs is impossible without reasonably well, but we do have a thorough investigation, whic-h is i trouble over the financial situ- a matter of local concern. Clubs j alion. My husband believes he is which advertise can be verified I being fair and generous with me; through your local Better Busi-1 occasionally he gives me a little ness Bureau, the clergyman of extra money for something spe- your church or any other reputable authority. The clubs themselves can be located through the classified pages of your telephone directory. Dear.Miss Dix: I live in such cial, but his usual allowance barely covers food for three of us. He earns a good salary and our rent is reasonable, so it isn't a question of not having money. When I need shoes. I have to ask him for the , money, and I feel as if I were isolated spot that I find it very j begging for charity. Am I unrea- difficult to have dates. A car can- sonable in wanting a small allow- not come closer than a mile from ance? MRS. A. H. W. the house. Many of my friends j Answer: A husband who feels don't even know where I live. I've j that his wife is entitled to nothing been meeting my hoy friends a t ' above her room and board is en- my sister's house in tbwn. I'm 17 j tirely forgetting his marriage and a senior in high school. Do .vows, in which he promised to you think I should stop dating «l- | cherish her. Certainly handing out together, or continue to meet | a niggardly household allow- friends at my sister's? EMMAL1NE N. ance when he can well afford I more is not. living up to this promAnswer: In this highly mechan- ise. Furthermore, if a wife is paid ized age, a one-mile walk is some- i strictly on the basis of work dond thing most young people would j she would be entitled to fair share hesitate to tackle. It is certainly! of the family income. Cooking, admissible that your jnaccessibil-j cleaning, washing, ironing, shop- ity would prove a hazard to most | ping, nursing, baby sitting--all am dating. Under the circumstances i highly paid services today, and casual dates could certainly be' the woman who does all this, and made at your sister's, providing that, after the date, you spend the night with her andi don't attempt more, for her family is certainly entitled to an equal ihare in its income. Arkansas Traveler : HORIZONTAL i 1,' Capital of j Arkansas 11 Concord · 12 Irocjuoian ! Indian 13 Split H Flewer !l« Dined |" More : uncommon :1» Suffix 20 Through :91 AK_« u ^.i An«w«r to PrVviixit PimlV; . - nucin tana l23Postur* ! 27 Agriculture ;28Riv«r (Sp.) '21 Gibbon '31 Mimic 132 Silkworm |33ftnnisstrokt 35 Arkansas it the " State" J. 3* Evergreen 'i 39 Body of water |41Ntw Guinea ! port ?4J Mend (ft.) : 44 Modified In color 47 Russian community ;« Stair part ' 50 Sk«tch!ng ftt Oriental »«i|ht 1.1) All S Point 4 Former Russian ruler 5 Feminine appellation t Dinner course 7Ertcts 8 Conjunctions · Quoting 10 Sharper 13 Dibble 33 Arkansas' 15 Rot flax by eastern · exposure , r! a i on g the 18 Half an em Mississippi v '24Arabiln 34 Praver ·· Z ZSClamp £RTM y m ' 1 : '45 STa'SaW 28 Mint shaft hut 38 New YoriTclty 4« Facte M£ II .H 17 37 Actress Ella . *'. 49 Not* Inm 9Llon - V · Guide's Salt 30 Scottish alder 38 Distant ^ 51 Acumen jf 39 Leather «MO| 40 Daybreak t*°4 (comb, form) 42 Unit of »·*· ' energy ·\ lUUrlati

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