Indianapolis Times, Indianapolis, Marion County, 11 December 1945 — Page 10

«

L b i

i. Hirohito's

position has developed.

OKAY PUBLIC WORKS

i “proposed city hall for East Chicago

- from the state revolving fund had

Evidence Reveals Giant | : WASHINGTON,

This is shown in testi

= senate’s Kilgore committee by 5 a NTROL zoe director of the investi- ‘ 5 igation of cartels for the U. $. office

Most Property in Hands ‘of

Few People.

TOKYO, Dec. 11

personal

economy, it was learned today.

ministry official said.

people.

- them by the government at .the time of the Meiji restoration. Tenant Farmers On Aug. 1, 1043, there were 13, 882,000 acres of farmland in Japan, -not-including Okinawa, and of this 6,305,000 acres were operated by tenant farmers. On February, 1944, there were 5,678,267 farming households of which 3,824,000 were tenant farmers. : . MacArthur's directive called for the abolition of absentee land ownership and provided a way by which small tenant farmers could buy their own farms on long-term, low-rate

Agriculture and forestry ministry officials said MacArthur's directive was generally similar to the government’s agrarian reform bill, under consideration by the current diet. ; Legal Protection ~The diet bill, however, does not provide legal protection to save the farmer from being forced back into tenancy, nor does it contemplate stabilization of farm prices and a program of technical education. All of these factors were embraced in MacArthur's directive. A Japanese official said they were under discussion and would be included in the diet bill. - The government bill calls for a compulsory purchase by the government of all land in excess of 12% acres owned by an absentee. The government will sell this land ° to tenants on a 20-year, easy payment plan. The measure provides for payment. of rents in money instead of payment in produce, the usual form of farm rent in Japan. The bill has been making slow progress in the diet house of rep- . resentatives, where considerable op-

The - Progressive party, whose members include many landowners holding & majority of 243 seats, have virtually thrown the bill out and it has been given little chance of passing during the present session, One member said the bill was an infringement of the constitutional right ‘of property allowed to every Japanese subject.

10 GOST $4 MILLION

The state board of finance today announced approval of more than - «$4,000,000 worth of post-war public projects and authorization of loans totaling $131,837 for preliminary planning,

~~ |first

ND lof loss

(U. P.).~Ap-| proximately 12,250 acres of Emperor | been mere speclandholdings ulation,” will be affected by Gen. Douglas|Bernstein’s MacArthur's directive calling for sweeping reform of Japan's agrarian

Under a directive whicH the government must carry out by March 15, 1946, there will be no discrimination between civilian-owned farmnlands and those owned by the em- . peror, an agriculture and forestry

A survey of landholdings on Hokkaido, northernmost of the Japanese islands, and on the main ' Japanese island of Honshu disclosed that a large percentage of property| is in the hands of relatively few

On Hokkaido, members of the] peerage hold large grants given

{Col. Bernstein's opinion, terms of |the Potsdam agreement ‘must be “If allied] [policy is that ‘Germany never again

ndustry Was

General Staff,

By MARSHALL McNEIL ripps-Howard Stall Writer

Dec. 11.—G. I. Farbenindustrie, the great German chemical trust, was in fact part of the Ger-|cial man general staff, and planned and worked with it and the Nazis toward their goal of world conquest.

mony presented today to the the war department after its full-scale investigation the German industrial

The witness was Col. Bernard

{of military government in Ger- § | mery. . “The investiga-

tion has con- { firmed what {heretofore has

Col. re. “and thas uncovered a wealth of -evi[dence proving conclusively that. “1. Without 1. G.'s immense productive facilities, its intensive re; search, and vast international affiliations, Germany's prosecution of the war would have been unthinkable and impossible; “2. Farben not only directed its {energies toward arming Germany, but concentrated on weakening her intended victims; and “3. This double-barreled attempt to expand the German industrial potential for war and to restrict the rest of the world was not conceived and executed ‘in the nor. mal course of business.’ ® s =»

“THE PROOF is overwhelming that I. G. Farben officials had full prior knowledge of Germany's plan for world conquest and of each specific aggressive act later under«

{port said,

Mr. McNeil

planned ‘their operations accordingly and anticipated expanding their empire on the plunder acquired.” Supporting his statements with

Part of German

'Vealers and Hogs Move in

At Small Loan

_ Senator Oweii Brewster of Maine,

tional

troleum resources. As a member {of the Truman committee, he flew! {more than 45,000 miles. i Afternoon Session Victor G. Walmer speaks at this | afternoon’s meeting on “The Super- | vision of Small Loan Licenses.” He! is director of small loans and con- | sumer credit for the Indiana Department of Financial Institutions. Among other speakers at the conclave will be Dr. A. Ray Olpin, director of the Ohio State university research foundation; Dr. Don-

{ {

Dempsey of St. Louis university, and Dr. Arthur M. Weimer, dean of the Indiana university business school. Round-table discussions scheduled.

~ SHADE HIGHER

Steady-Market.

Fat steers and heifers were active in a strong to a shade higher trade today, the U, S. department of agriculture reported. Some cows also gained up to 25 cents and vealers and hogs moved within steady brackets. Slaughter lambs looked steady to strong again.

Group's Dinner

em Sm ADEPRESSION IS

ON-GEN, AYRES

Sees No Cause for Alarm ag salesmen.

Period Was Due.

. CLEVELAND, Dec. 11 (U, P.).— agency. |Brig. Gen. Leonard P. Ayres said| Britons are not so frightened by today in his annual forecast for nationalization as to try American ald A. Laird consulting industrial business in 1945 that Amerjcan invasion, particularly since there

psychologist. the Rev. Bernard w,|Dusiness already is entering a “pri- ‘are strict provisions against flight ’ h mary” depression,

Saying that it was bad to think

of present conditions as constitut- | Lean Reduces Opportunity

are [Ing a depression because there still (“were evidences of material pros- may slow the interest of American perity,” he stated that “neverthe- industry slightly, but competent

oy less, we are techhically entering American sources predicted this depression, because unemployment |Slackening would be negligible. 5 is increasing, production is falling| Some concerns foresaw a chance

and national income is declining.”

However, he said, these conditions

were not alarming since after every |they located here. The loan tends to war there was a period of depres- disrupt the bloc, thereby somewhat sion which usually coincided with reducing this opportunity, but not the transmission from a war to peacetime economy.

Dreads Handicap “This one will last until our na-

tional‘ income stops falling and begins to increase once more,” he | said.

He looked for the change to come

in 1046, perhaps as early as midyear.

There were two possible contin-

taken pursuant thereto, that they

calves, 8025 hogs and 1500

quotations from Farben documents and Farben officials, Col. Bernstein’s report made these over-all showings: a THAT Farben made Germany self-sufficient in materials which she previously lacked; THAT Farben production was in-

the German factories “are in ruins” when he spoke last week in favor

enough to be a buffer against Russia. The impression that German industry is gone can be easily acquired if one sees the rubble of Cologne, Berlin and Hamburg, But Col. Bernstein revealed that I. G. Farben officials themselves told his investigators that on VEday, 87 per cent of the company's wartime (1043) capacity remained intact, “This is much larger,” he said, “than ‘I. G's. war potential as of the outbreak of war in September, 1939, In order to resume largescale operations these plants require only the- necessary fuel and raw materi the technigians necessary to the successful ration of these plants are available in Germany.” » - .

THIS IS but one reason why, in

carried out. ‘He said:

will threaten her neighbors or the peace of the world’ then Farben

Planning loans were made from the $500,000 revolving fund set up by the 1045 general assembly for that purpose. The program is co-or-dinated with the Indiana federfl works agency which has a federal - allowance of an additional $390,646 for blueprinting post-war projects. project approved was a

to cost $750,000. A planning loan of $20,700 was approved: A blueprint. ing loan of $20,000 was approved on Gary's proposed $500,000 sewer improvement project. , Mishawaka, Hammond, Gary, Union City, Evansville,” Vanderburgh county, Ripley county and Whiting also were on the list of

approved plans. 3 Earlier the board announced that tofal requests for planning loans

passed the $1.500,000 mark, three

capacities for war production.” The

British zone, 11.5 per cent;

French, 202 per cent: and Russian, 58.55 per cent.

times the amount of the fund. 2

Safeguard YOUR VISION

the Condition of Your

of a Germany that would be strong| = Medium

Practically all of | Good

must be destroyed together with its

700- 900 pounds 200-1100 pounds ... 1100-1300 pounds ........ 1300-1500 pounds

CALVES (380) Vealers (all weights)

Receipts at the Indianapolis stockyards today were 2150 cattle, 425

sheep.

Narr ios cians dannananns 11. 11.78 u SLANE vinN Aw ARR [email protected] Cutter and dommon 8 10.00

anapolis securities dealers:

We will examine

gencies which might retard its advent, he added. One is the possibility that reconversion and industrial production

— may be dicapped for some GOOD TO CHOICE HOGS (4725) months to Come, as they-are-now, 1%- 10 pounds este nrnb ivy "1 14.80 by thie combined restraints result- . seve vsun v 4. " p 190 pomoas unde. » reves, 143001000 {ing from labor strikes and price ediumy controls. 160- 200 vous SRE Ee 1.0 “No manufacturer can produce Good 10 Choice— goods while his own plants or thse 270- 400 pounds ............. 1.10 of his suppliers are closed by strikes. J400- 500 pounds .....ev.ur.. W.00RII0 No Meaviscte HI Produce to am capaci while ce ceilings preJeo B50 Pe Sladtior nap Wane [email protected] vent him from sell his is at edtum to - ” : 9-120 pounds ... ......... [email protected]|® PPOAL” Ayres said. ; CATTLE (488) Wage Increases

Another possibility is that the wage increases which the unions

‘too numerous and too large to be

dispensable to the German war 1878017.00/the wage structure of the nation,” effort; : i «+ 160001725 | he sald. : : THAT it was a_ Nazi agency for 100-1300 sebsscasess. 1000QIT8| He said this happened in 1037 world-wide military and economic | 700-1300 pounds ............. nga when wages advanced nearly 13 espionage: 11001300 pounds ......cocvove. [email protected] per cent pver 1936, and the wholeTHAT it was a spearhead of the| 700-1100 pounds ........ sess 10.50013.7 | sale prices of durable goods also Nazi psychological and economic - Heifers advanced by 13 per cent. warfare program; and ono POUR ire eiii 103s@1150] “AS 8 result” he said, “the genTHAT Farben was Germany's! 500-1100 pounds ............. 1650g11.75 [eral public restricted their buying greatest single source of foreign) (Qe, Lounar ............. iso0@ise0|Of SUCh items and we had the se-| exchange. ; 1000 pounds ....c....,... [email protected] | vere ‘depression of 1938. . i » » Ayres looked or " t THOSE who have made the so-| Common IIS eadjustments to work themselves called “$25-tour” of Germany since 500. 000 pounds .......ove.ue 0.00012.28 out in time, and ‘probably for the VE-day have returned believing that |, = 0" G0 weighs) most part in 1946. : allied bombers and armies did s0|Medium veiw... 100012335 | Never before has there been Shaeiive a on that industrially the Suites and commen ...,...... 13081028 so Sombinatian in favor of a “boom,” country no longer coun neral said. . . Senator Eastland said “most” of Bulls Wl). wari ‘ | During the war “debts have been

wanted, and a large part of the Cutter nd common |..." 1! adie population has been thinking and Canner ........... + 5.50@ 7.35 | planning about specific purchases to | Yeeders and Stocker Cdtile and Calves [be made after the war.

ci Steers The important thing about this Chojce-— ui fr : accumulated purchasing power, he 600 SARA r Raa h 200.1000 pounds © -..5is.. 1380@1see| ald, was that-“even after the pres. -— : ent holders of the money have made 800-1080 Bn, wey resnriy 11008135 some or all of the purchases on um ; which they have been planning, the 0-200 pounds a 1891038 | new money will still be in existence, SE : and will be surplus money with resae 700/%Pect to the available supply of 4.789 6.35 | goods.” Because of this, we must be cau- ’ Hn 14.50 | tious in our exports, he said. : 13 o0dia “After the last war we brought : 1000@1L™ about inflation in this country by . shipping out huge exports when we LOCAL ISSUES were still short of goods ourselves. in . . We ought not make that serious Nominal quotations by Indi.

| mistake again, but it seems not at all sure that we shall not repeat it.”

“ higher «++ |of price levels lies in the prospect , | that full production of most sorts

accommodated within the rest of |

showing a lively interest or in granting licenses to let can products.

concerns are releasing their New York commission agents jand sending over their own

, Royal Worcester Porcelain, for ‘example, is making a sales drive in {the U. 8S. without a commission

of capital from Britain.

The proposed U. 8S. loan to Britain

{to do business inside the so-called {sterling bloc, at sterling prices, if

too seriously. American sources, including the chamber of commerce in London, told this correspondent the U. 8. probably was over-nervous about the {effects of nationalization measures in England, even more nervous than British businessmen. . . :

Mines Nationalization

Some of the British businessmen {are taking several nationalization | phases without apoplexy, as, for instances, mines, which the conservatives earlier had considered nationalizing. One big U. 8. industry delayed heavy expansion investments when the government announced arms plants would help produce housing materials. Housing needs are so great, however, that the chamber says such government intervention would be only a drop in the bucket. National Cash Register has started constructing a plant at Dundee, and it is understood that the Ford-Fer-guson Co. is co-operating with Ford's English compdny in ‘its program for adapting production .to suit the small farms of England.

Loan Gets. Good Press

Also quite a few negotiations are under way for the licensing of American products manufacture to British industrialists, Restrictions on imports of American goods has.hastened these developments. Meantime, the loan proposal has got a good press for the most party here, although the Daily Express!

The British are making no attempt to invade America, beyond an extension of sales

‘BRITISH MARKETS

By CARL D. GROAT » Seripps-Howard Correspondent, ONDON, Dec. 11.—American industry recently has been

in establishing branches here the British turn out Ameri-

*

outlets in the U. S. Some

O'CONNOR WILL

Truman Renames Ex-Law Partner of F. D. R.

WASHINGTON, Dec. 11 (U. P.) — President Truman today reappointed Basil O'Connor, former law partner of the late President Roosevelt, as chairman of the American Red Cross. The President's reappointment of O'Connor ended speculation as. to whether a recent controversy over Red Cross policies would affect O'Connor's teriure, The controversy first reached the public in one of its aspects when Frank Kent, political columnist, criticized a working agreethent between the Red Cross and the C. I. O. and A. FP. of L. J Kent said the Red Cross paid expenses incurred by the labor organizations in campaigning among their members for contributions to the Red Cross. He said the C. 1. O. and A. F. of L. were the only organizations contributing to Red Cross which required expense payments. ‘Helped Efficiency’ - Red Cross spokesmen replied that there was nothing wrong in the arrangement. They said it contributed to the efficiency of the organization's collection campaign. More recently Mrs. Agnes Meyer, wife of Eugene Meyer, publisher and editor of the Washington Post, asserted in a speech that the fundamental controversy within the Red Cross was whether it should operate along democratic lines. She said O'Connor was among those who believed it should extend its activities democratically to include services not. supplied in the past. She strongly defendéd the arrangement with the C. I. O. and A. F of L as applying democratic principles to fund-raising. The President also named Secretary of the Treasury Fred M. Vin son to the Red Cross central committee, Undey-

HEAD RED CROSS!

Treasury secretary Daniel 'W. Bell.

| portunity to make American pur- | (chases, but the tone generally was {that there's still plenty of hard | | times ahead. ; Winston Churchill has called the {current . program “strength through | | misery,” but a check with important | rican sources reveals a feeling

i i { i

oranges, probably will use sterling to | buy a supply in South Africa, Spain! and Italy. | Inquiries arrived here today about reopening the market to New York | dress imports, bug preliminary indi- | cations is that nothing will be done | “for a while yet.” . { One important American said ra- |

| fied as helping to point industry into

England for six years starved for |

tion and other controls were justi.

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