Indianapolis Times, Indianapolis, Marion County, 20 May 1946 — Page 8
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THE INDIANAPOLIS TIMES. How Hoover Pictures World Famine Crises FRYERS
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AY RISE PERIL
Union Demands Can Cause Price- Inflation” Spiral and Delay Stability, Say Harvard Experts.
By ROBERT C. ELLIOTT Scripps-Howard Staft Writer Mass, May 20—The “second round” is coming up in t that could spin the country into economists warn,
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UNITED STATES). 4,220,000 TONS } >» I OTHER WESTERN HEMISPHERE STATES 40,000 TONS
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CAMBRIDGE, y price lo Harvard labor » spiral inflation, : I of union leaders for power and members is declared to be placing the country in “a highly precarious position for the next six to 10 months that might seriously delay long-run stability.”
Sumner H. Slichter and John ADVERTISING NEWS—
En i ED 01 UB PLANS FOR ELECTION
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ERIN ML MCI s
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studies for trade union leaders, assert the danger is that the next round of strikes and wage increases will force wages to outrace indusrial productivity. Then soaring prices would prevent workers from buying more
PACIFIC OCEAN REA
with their extra dollars. “Sub- 8 NY Nous could result.” uBaplyme YT, Sogard Nominated for 3
“An intensive period of rivalry
for union leadership lies ahead this President.
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INUERNBERG KILLING
GALLED ACCIDENTAL
ERLANGEN, Germany, May 20 (U, P.).—Army criminal investigation division agents were “perfectly satisfled” yesterday that the killing of two soldiers on the staff of .the army newspaper, Stars and Stripes, was an accidefit . The agents continued to withhold pertinent facts. But they said Pfc. James C. De Vone, a North Carolina negro, who admitted firing the. fatal shots, was not shooting at the jeep in which T/4 Paul R. Shelton and S/Sgt. William Timmins were killed on the night of May 10, : They refused to say what De Vone was shooting at until their investigation was finished. The two soldiers weére killed while they, another soldier and three girls—one Briton and two Americans—were riding through a. Nuernberg suburb in a jeep.
TRUCK WHEAT
Indianapolis floor mills and grain eleyators are $1.88 per bushel for No. 1 red wheat (other grades on their merits); oats, No. 2 white or No, 2 r yellow shelled: $1.38 per. Re a No: 3 : r an o white shelled corn, ofS
TT SHAME AT or] TN 5a " i
ILCHEN ATES.
ative of Swi Here 6%
Rites for “G filchenmann, rel National Mallable 11 be read by
.__ MONDAY, MAY 20, 1946 ve Your $286 Savings? |
Doead
$37,000,000,000, equal to $286 for each person in U. S
Do You Ha
orrow in Conk Burial will follow Born in Switze snmann had beer Westside for 62 y four years he | daughter, Mrs, B Monrovia, He wi
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One of “the strongest factors in nourish Am 's curren inflation is the tremendous amount of ishing Serious Suse} citizens have piled up. In 1945, according to the Securities and Exchange commission, these totaled over $37,000,000,000 for the third successive year. This is about $286 per capita, and more than four times the amount of savings in the peak pre-war boom year of 1929, Strong desire of great numbers of people to spend their savings for goods creates a terrific pressure on price ceilings,
CURTISS-WRIGHT : orate Cop have voted to strike in ays to support d ds 1 PLANT VOTES STRIKE '20-cent hourly Es Fa Xe CALDWELL, N. J, May 20 (U.
P.) —Workers in the propeller division of the Curtiss-Wright Air-
The 1000 workers are members of the A. F. of L. International Association of Machinists.
‘year—she ©, 1 O. against the A. F. of L and, besides, within the individual unions, the struggle of one group to win leadership over another,” says Dr. Dunlop. A New Rivalry “John Lewis trying to get 8 biggor raise tham Philip Murray, in onder to prove himself the more powerfzi—that's & new kind of
“Upipes will be palling and tigging te dw memhers. Independent telephone works will go irto coe camp or sodither. The AFLCI0 struggle tn West Coast canperies is sowither nasty one
“The percartous fasts that can)
jeopardize chances for stability are these: First, the cotton textile industry, in which unions myst make any new demands by July 1
“Second, the meat packing in-|
dustry, where CIO-AFL rivalry is full of dynamite -and where each may make substantial demands to show power. “Most important, next January and February, the steel and auto - industries’ contracts with labor will come up again.” Wages Up 150 Per Cent
Dr. Slichter spells out the economics of the expected “staff wage demands.” He would not be surprised if by 1960, wages had been forced up 150 per cent and prices 75 per cent. “Unless labor efficiency can be increased fast enough to prevent future wage increases from forc-
¢
Officers of the Advertising club of Indianapolis for the forthcoming year will be chosen at the weekly meeting in the Lincoln hotel Thursday noon. The nominating - committee consisting of Fred Lahr, Joseph Kline, O. T. Roberts, T. M. Overly and Arthur Overbay has presented the following list of candidates: President, L. T. Sogard of Keeling & Co.; first vice president, A. W. Voorhis of Kingan & Co.; second vice president, Jack Millar of L. 8. Ayres & Co.; secretary-treasurer, Margaret Roberts of L. Strauss &
| Directors for two-year terms to { be voted upon are W. F. Kiley, radio | station WFBM; Horace Moorman, | Sidener & Van Riper; Don Keller, | Flanner & Buchanan, and Mrs. ‘Frank D. Walker, Walker Research, to fill the unexpired term of Margaret Roberts. In addition to the election, Thursday has been designated as Past Presidents day. Former presidents will be guests of the club and participate in the program with
activities in early days.
Keeling & Co. announces the inauguration June 2 of a new coast-to-coast radio show for its client, the ' Hastings Manufacturing Co, and associate, the Casite Corp, of, Hastings, Mich. Under the title “Right Down Your Alley,” the new show will be broadcast over the American Broadcasting network
{ {
reminiscences of the organization's
NNN EES
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as from May 1 to September 1.
I *3 : SOUTH AFRICA] | AND
NEW ZEALAND|-r 198,000 TONS | @
A
—— Serna.
Maps above show, top, possible supplies of cereal foods available for distribution to the faminethreatened areas shown below; as described by Herbert Hoover in his recent report to President Truman after a 35,000-mile tour which took him to 22 food-deficient countries and to five which have surpluses. Figures on the lower map show his estimate of the food import needs of these nations
Hoover points out that cereals, particularly wheat and rice, are the
primary need, as they can furnish 85 per cent of emergency diet. Note that there is a deficit of 3,587,000 tons between food available and total amount needed.
e
ANGRY LETTERS FLOOD CONGRESS
| Sountry Up in Arms Over
Strike Crisis.
By JIM G. LUCAS Soripps-Howard Stiff Writer WASHINGTON, May 20—Con-
gress is hearing from the country about strikes, A deluge of angry letters and telegrams is pouring down on Capitol Hill, all-demand-ing action on labor legislation. A check of nine senators—Pepper (D. Fla.), Taylor (D. 1da.), Robertson (R. Wyo.), Guffey (D. Pa), att (R. O0.), Moore (R. Okla), Lucas (D. Ill) and Tydings (D.
Lewis' Bargaini
| te
| | |
ng Power
Increases as Stocks Shrink
By ROBERT TAYLOR Scripps-Howard Staff Writer
WASHINGTON, May 20.—John L. Lewis’ puzzling tactics in coal]
a practical value to the United Min
collective bargaining. As the stockpile disappears and the need for coal ‘becomes urgent, his hand is strengthened. The - miner chief and the solid {fuels administration have been | playing a game of tag over the coal stockpile for four years. Solid fuels tried to build it up as high as it would go, as a guard against war- | time interruptions. Strikes, slow-
| downs and absenteeism reduced it.
strike negotiations aren't entirely Shakespearean dramatics—they have
e Warkers chief.
For, while negotiations are stalled and coal production far from normal, the nation’s stockpile of coal is being consumped. The bigger the nation’s stockpile, the weaker Mr, Lewis’ hand in
weeks truce—partly offset by refusal of western Pennsylvania miners to work—won’'t add materially to the stockpile. This week's production averaged 1,600,000 tons a day—about a normal day's burn, Coal-using industries were preparing for the strike several months before it came April 1, They increased stockpiles and cut consumption. Steel, power and railroad industries added to their safety
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margin, But small industries didn’t
ing price increases” Dr. Slichter|each Sunday from 3:30 to 4:00(y,i) cies to uncover a single | Early in the war, the stockpile ee
asserts, “the country will find it-|p. m. It will be heard locally over| was big enough to supply all the : self involved in a spiral of wage-| WISH. : | pro-John L. Lewis letter. : | nation's needs for ‘nearly two Sines me, sirike, Sungérvation of price advances. | “Right Down Your Alicy” willl Senator Pepper's staff said he had | months, By last January, it was | £8 and ind hustle doves Rave “To the extent that prices rise be an audience participation game received a few such letters, but they | enough for 27 days. By the time |... yo ny: 165, as a result of wage increases, of bowling yg La Suis jun oré- | could not find any in the files. | the strike started, industries had | go tons a day, railroads 335,000 labor does not get a real increase|i g oxy ng center... .rwise Mr. Pepper's mail was | built it up to 35 days. It’s still above (tons a day and the steel industry, at all; it obtains only a nominal in New York City {25 days’ supply, but that means the | throughout the war, had to buy increase.” reported to be overwhelmingly un-|4unger point for most coal users. | coal to supplement the output of its Higher productivity is the only Indications are Mr. Lewis’ two- captive mines.
G. V. Wampler, former advertis- | favorable to Mr. Lewis. sound basis Seen by Lhe ‘econom- ing manager of the Indianapolis 1 g ists for future boosts. If engi- ofe mi 8775 Hogs Sell at Ceiling; Cattle Active, Prices Firm:
>, » division of the A. & P. Tea Co. | T SQuestion. of Ty ad] recently discharged from military| 1YPical samplings neers snd: scientists i more| CC ve, has assumed new duties in ncluded: efficient Machinery and industrial o,,, sales department of ihe local _ "What has become of the guts technology; if workers and manage- | office. 4 Missourians are supposed to have?” ment produce more goods for every Leen “We want to know whether you Hogs at the Indianapolis stockyards brought ceiling prices in an active market today, while cattle also were active with prices firm. Calves were showing a stronger trend; sheep and lambs were termed steady to weak. Receipts were 8775 hogs, 1175 cattle, 400 calves and
man-hour of work, only then can| OFFICIAL SEES NEW men in congress have the courage 375 sheep.
high wages be paid withcut rais- [to do something for the people or PRICE RAISE ON CARS
ing prices, they say. whether you are going to let John WASHINGTON, May 20 (U. P.).— |
Production Is Key L. Lewis run this country.” | Production is the key. An OPA Ty | “Does any other group have any bor as | spokesman said today an rights under this government?” ncreasing the prices of new | ppt the United States submit | { automobiles on an average of about | | three per cent a year for each four or five per cent would be isunions are able t your committee ceases to be the| jo. : [email protected] | lo push up wages! The increase will be granted to J0- 18 De .. ‘1488
Dr. Slichter finds that in the) past production has risen “about | to a disaster more grave and dis- | GOOD TO CHOICE HOGS (3775) t A wig! | { man-hour of labor, but now “iff sued soon—probably this week {graceful than Pearl Harbor before 120- 140 pounds or $38 ugicx TECH HIGH FETE 10 80 poun: ree nA
faster than technological progress’ manufacturers to compensate them Political slaves of a few 1abor| yo.” 330 pounds © . 0.1!’ 14:88 raises output, an increase in the| for price hikes in steel and other leaders? LT Sidi price level will be necessary to materials, he said | “There must be something Wrong | jg. 220 pounds [email protected] | id " avert chronic unemployment. | He added the price increase would With the law and economy of a na- | Packing Sews | An alumni dinner-dance will be “Hence, the government may need | 2 Passed on to consumers at the tion that purports to exemplify Good to Choice 1010 { the features of Supreme day at either (1) to establish a national | "84 level. Lo {freedom when a coal union head is| 330. 400 pounds . . 14.10 Technical high school Wednesday. wage policy for the purpose. of! e percentage increases will vary permitted to exercise more power | “30° iso POURGE «.eeunven..n 14.10 Honor day, an R. O. T. C. inspec-
on different makes and models. over the destiny of a people than a | Medium {
250- 550 nnds . [email protected] ti rin ar Roman emperor, more Power shan | po on and a principal’s luncheon are
i Slaughter Pigs [the executive, legislative, and judi- | Medium to Good— | other features planned.
keeping the rate of increase close to the rate of technological prog- | Tess, or (2) to adopt policies de-
LOCAL ISSUES
signed to stimulate a rise in prices.” |cial combined. Labor heads are %- 120 Po a ei 11.26@13 » Major awards earned by students Nominal quotations furnished by Indi- Clothed with a majesty that tran- | during the year will be presented in { ARapolis securities dealers: *|scends the law.” Choice— Bone . Effective J 2 finer, more luxurl Books STOCKS Bid Asked.| “100 900 pounds ... [email protected] | the boy's gymnasium. Senior and ecve June © an even Ai : { Agents Pin Corp Corp com.... 74 | ~~ Wants a Teddy Roosevelt | 900-1100 pounds ............ [email protected]/ ous GOLDEN STATE LIMITED goes into SE {Agents Pin Corp pfd......... 18 20 | : 1100-1300 pounds ............ 16.750 18.05 | Commencement honors, including : Amer States pfd ........ {24 35 | “Oh how I wish we had a Teddy 1300-1505 pounds ............ [email protected]| Lohilarship awards, will be amon service! The new, faster schedule saves half The business branch of the In-| Amer Staces ei’ 33 Roosevelt in the White House now! | 390d— : ' : i i n-| Amer States cl B .....0.. 33 : 700- 907 pounds . 18.50016.50 | (1 d 4 : a day to California . . . and new, streamlined dianapolis public library has an- | 4 8 Avres 41% pid ce. 108% ..|John Lewis nor anyone else would | 900-1100 pounds oe ni 15:50 1650 e awards made. bei tooed. . fast as nounced the receipt of the follow-|Beit R Stk Yds com......... 3 @ |dare defy him. He knew how to 1300-1500 pounds rr 18.78 a8 Principal H, H. Anderson at a cars are ing placed In service as : ing new books: Dear Mork yds, pid et 62 {settle strikes. He told them what | Mediwm.- DORE «es sivaine. 13.35a15.50 luncheon will honor faculty mem- the builder turns them out...to make this one A CARTEL POLICY FOR THE Bobbs-Merrill om 12 to do, or else!” 1100-1308 pounds era 133081375 | bers retiring during the year. of America’s finest trains between Chicago UNITED NATIONS, by Corwin D. | Cirels Theater com Ww %%| “One of the most puzzling things | 100-1100 pounds . ........ [email protected]| The R. O. T. C. inspection will be and the West Coast—at NO EXTRA FARE! Edwards, | Comwith Loan 4% ptd 1032 105% to me is that when our government | Heifers reviewed by Maj. William King and SEQUENTIAL AN | Botta “Bncarar” D1d 91a lled us boys t dl 600- 800 ds [email protected] | Lt. Donald Mulvey of 2d’ army head a | 1 - un ‘ . . - STATISTIC ALYSIS OF Electronic. Lab som : ’ 18 19% | C8 - us ys. lo Var we Went an 800-1000 Pe Res tras vane ng" t d 1 lin i { AL DATA: APPLICA-|Pt. Wayne & Jackson RR pf 1030 1051, 0idn't say we wouldn't do it. But | Good— quarters and Col. Clinton Bering 0 TIONS, by staff research Broup, | Hook Drees 3AM, 12 12%, [our government can't seem to be| 600- 800 pounds ............ [email protected] | the 5th service command. + + + Only 49Y hours Columbia university. | ind Asso Tel Co 2 ptd | Ne ‘|able to make workers and manage- 300-1000 Jounas [resist 3 ip] The alumni dinner-dance will be . Chicago to Los Angeles, 48! hours on Eastbound trip STARTING AND OPERATING | lnapr Mich Elec 414% pid tl 13 ment get in line and go to Work. | Commos... {held at 6:30 p. m. in the faculty —hours faster to California and Arizona, AN ELECTRICAL OR RADIO|namntRols, Water pf 111° 11313 | Also, you people up there let John | megiume- © [email protected] junchroom, followed by a musical 9:30pm Leave....... Chicago ....... Arrive 1:30 pm BUSINESS, by H. C. Lewis. | Indple Railways on 137 33% Lewis tell the government how it is | Cows (al weights) | program by the Tech choir alumni. 11:50 pm Leave. ..St. Louis (Note)...Arrive 12:10 pm MUSIC AND SOUND SYSTEMS | Kingan. & Go orm’ i$ '.|going to Tun and don’t even try |Good 133501450] Winners of freshman scholarships 8:30 am Leave...... Kansas City.,....Arrive 2:55am IN INDUSTRY, by Barbara Ella | Xinsan So bd. 92 gg | 10 do anything about it. If I were |g0Giom oo + 3 Bali 0 Harvard university are David B. 2:10am Arrive........El Paso........Leave 8:10am Benson. Lincoln Loan Co'sts p 190 Co in your shoes, I would feel like a |Canner [email protected] | H. Best and C. Max. 9:16am Arrive.,..s... Tucson ........Leave 12:35am Barat ulory 329, 1415 Stupid fool and would resign, Bulls (all weights) Sue Rosa Fischer and Robert i 5 am Artie: cy Phossiz . reese. Leave 10.407 | -Herrihgton com 143% 15% : . . | Beef— Clark. other seniors, have won the 45pm Arrive, ..... s Angeles...... Leave 11:15am | Mas L . ; ’ LOCAL PRODUCE eo DBalt n 121 Calls Truman ‘Weak Good (all weights) ........ [email protected] | py, A R. good citizenship award ! Note—Through sleeping ear to and from Los Angeles operates be {N Ind Pub Serv 5, 108 110 | “This guy Harry Truman has | Sausage | : tween St. Louis snd Kansas City on the Missouri Pacific Ry, PRICES FOR PLANT | Progress Laundry com a1 ; Good . [email protected] (and a four-year scholarship to John PELIVERY | opi} ‘Ser tordry co 2244 proved himself too weak to cope| Medium Ci... [email protected] Poultey: Bens, 4% vs. and | pRub Serv of Ind com “oo aay Cite Herron art school, respectively, Miss under Jens, 3% 1s. and over, Me;| Bub Serv of ‘Ind 3; pa . 100 ‘101 With recopversion and seems to fr and common . + 9.00011.00| ] iar, Doo: inde: songs. 4% lbs. and over,| Bo Ind G & K 4.8% pid 11014 lf CALVES (400) Fischer also won a scholarship to . s : Leghorns, 18¢; Leghorn | Stokely-Van Camp pfd Y ear John L. Lewis to such an ex-| : , « + » Beautiful Loungey ‘hens, i 1946 springs, 30c: 1046 broil- | Btokely-Van Camp pe : 3 2 » Good and choice . [email protected] Indiana State Teachers college. 1 ini : ers, ‘30c; roosters, 16c; ducks, 1c; geese, | Terre Haute Maieap J 3 tent he has our country in the|Comomn and medium ITO barber-valet-service. Two dining cars—one affording eoffee 2c; eapons, § lbs. and over, 30; under, | U. 8. Machine com = | 3. Ps worst chaotic condition since the | Culls . . [email protected] V q shop services and prices—the other full meal service. Sal6EE, CUT resios $4 hs 10 cae | Union. Tle ors” Bruni was Fetters ant Btackr Cae sat Cavs | or a ; , A large, 34c; A medium, | American Loan 4s 55 ‘ ‘We, the undersigned, hereby in- Steers rooms, compartments, bedrooms, roomettes or 30¢; vo grade, 276. a3. 9 “wl ’ ’ {ce— lo ; reserv Coa Air-cone Butterfat: Sic. Bonds {form you that John L. Lewis is| soo. 800 space; and modern, od-sont iron, ‘A : W ! pounds . «[email protected] | re NABER CEG en | American Loan dias 60 .... 9 ....\destroying American democracy and | $00:100 pounds ............ [email protected] | “- ditioned, of course! WASHINGTON, May 20 (U.P) | Cn om Bldg Sas 01 96 ~ ....|freedom of enterprise. What are| 500- 800 pounds ........... [email protected] ‘BUSINESS HIGHLIGHTS : i O.P A S Aihotinced ote ‘| Columbia Club ig iy «+ you doing about it?" ute pounds .......... ‘ 1.30010.00 oy i The O. P. A. > AY | Consol Pin 5s 56 ‘ane sw i i that consumer ceiling prices for | Hoosler Crown sx 56 3 * 300-1000 pounds . vo: 13.50@14,80 | 0 3 any | | Momifl Lynch, Pierce eo 00 small electric appliances such as Tndbla Pa dn 107 U. S. STATEMENT Choice and SONLiy agerey 15.78 | ile , Fenner & Beans — y 5s 57 | ets a Naring pads wii De | 1ndpis ‘Water’ Co his o lou | WASHINGTON, May 20 (U. P.) —Goy-| Fey Saw) ; Every night Ro aly <a Te wer GOLDEN SaATh per cent. The | Kuhner p 0 3a 108]. ¥ : . - “| Good and choice ve [email protected] . LI ; try it on your next business or consumer price rise results from aN Ind Pub Serv iar 33 | 100 108} Current fachl year through May 18" com. | Common and medium [email protected] Monday through Friday The CALIFORNIAN — Faster tool bs ARR 9.3 per cent increase ted { Pub Serv of Ind 3's 76 10744 logs. | pared with a year ago. Lambs (Shorn) New schedules of our popular economy Tourist COAST-TO-COAST PULLMAN SERVICE gran MAanu- Pub Tel 4,8 85 100 ‘y This Year Last Year Choice and closely sorte FBM 10:30 P mM Gar and Coach train will clip § hours off run- i N d from Los Angeles J 2nd ES to compensate them for |Trec Term Corp 6s 67 98 Expenses $57 647831358 $86 198.446 000| Good and choice ............ [email protected]| Ww amin [1] » WL ning time in each direction. Effective from New York June lat and from Deion Lune on higher labor. costs. H J Williams Inc 6s 55 .. . 98 War spending = 44.928,220,052 178,133,880,200 | Medium and good ... + 13.000 14.00 | al nc mh ’ all-room sleeping oars will be operated through on the Golden Stete 8 *Ex-dividend. Receipts 37.1065.997.722 139.142.714.013 | Common [email protected] b . : - Schedule Limited via NewYork Central and Pennsylvania en siternate deys ADD | p ————— EE —— Bl kms | Net. ‘deficit 20541834534 48.988. 731,400 | cee — . CE —— — 8:48 pm Lv « Mo 530m east of Chicago. a Ee ————— aa | Cash balance "071,536, 9.838 409 362 , vrs : . ; mm Pubic debt 272.960.340.567 237.271 940,035 | S30am Ar. . . KenssOny . . Lv. 73000 For reservations and information, const Assur A Complete Optical Ser i || Gold reserve. 20,245276,013 20,351,378,342 iam ». “ein Shs “an i S33. fi for the entire family ey 5s | INDIANAPOLIS CLEARING HOUSE | By By $18 pm Ar. = Los Angeles» br. 200 pm CHAS. F. LAUTENSERGER, District Foal ht and Pahanger Agent Regu os 3 . : 4 ald : . Sov. 8 1412 M an g., Indianapolis 4, Ind, hours Monday and Friday till 8:30 p. m, || pene. EY ay the and the EA fe, + + SAV, + Le 8 "hone Lincoln $2 Rech W Es A Train Eyes Examined, Glasses Fitt YARD WwW Boy? =: EBBING ery Thote Wie Nord Yew | || Watch Repairing rl Gro } i © Mod
ff ; \ 3-DAY SERVICE - DR. H. C. FAHRBACH ||| Usual Low Prices Plometrist . 1 Work Guaranteed - 302 Kahn. Bldg. OPEN UNTIL 7:30 P. M. DAILY Meridian at Washington
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