Indianapolis Times, Indianapolis, Marion County, 29 June 1946 — Page 2
' presiding judge.
. company loses the suit.
day on the receipts, hoping for
| GRAND JURY TO PROBE
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Supreme Court to Name Panel of Attorneys To Judge Suit.
By RICHARD LEWIS
Indianapolis Railways, Inc, blocked in its quest for higher fares by the Indiana public service commission, sought a temporary circuit court injunction today which would enable it to boost fares at once. Company attorneys filed an appeal in Circuit court late yesterday, barely 24 hours after the commission ordered the freezing of present rates at four tokens for 25 cents and 10 cents cash fare. The appeal asked that the commission's order be vacated as unreasonable and unlawful. It also asked the court to enjoin the commission immediately from interfering with the collection of higher fares. Judge Steps Aside The company also moved for a change of judge, declaring Circuit Judge Lloyd D. Claycomb is “biased and prejudiced” against the utility. This was granted automatically by Judge Claycomb. A panel of three attorneys to Judge the injunction suit and the appeal will be named by the Supreme court. The company and the commission may strike one candidate each, leaving the third as
Attorneys said they hoped that action would be swift, They contended the commission's ruling placed the company in serious financial jeopardy and that immediate relief was essential.
Despite fhonths of litigation before the commission, the company
ilway
. THE INDIANAPOLIS TIMES
“Firm Seeks Court “Injuncti on To
SATURDAY, JUNE 29, 1946
Joost Fare
Student May Be 'Kidnap- Killer
With him is Supt. William Milota.
»
Chicago Unive
(Continued From Page One)
print identification, they sald, points of similarity could run us high as 22, but nine were considered sufficient proof. Often, they said, identification is established on only four points of similarity. Tuohy said he had sent the prints to the federal bureau of investigation for “corroboration.” Authorities expected a telegraphic report from the FBI later today. Offers No Alibi Tuohy said Heirens, arrested Wednesday in an attempted robbery, had offered no alibi and that he had given neither a denial nor an admission of guilt. Police, however, said Heirens had feigned irrationality and had made
would be able to increase fares imstatements damaging to himself.
granted. ; Would Issue Receipts It would then boost fares to 8% cents for tokens, or three for 25¢, a two-cent increase over the 6% token rate now. The new rate would remain in effect during court hearings on a permanent injunction and the suit to set the commission’s ruling aside, While this litigation was in the company would issue a form of receipt to every passenger purchasing tokens, The rea lt 2-cent difference between the current fare and the new fare if the
Company Ready to Go Tentative plans were to sell three tokens for a quarter and issue a receipt which would be good for one fare in the event the suit fails. The company was ready to go to-
quick and favorable action on its plea for temporary injunction. The court move climaxed six months of hearings and argument before the commission on the company's petition for an emergency rate increase.
The company had contended that increased labor and materials costs plus an anticipated drop in passenger load made higher rates an emergency need. Emergency Ruled Out The commission ruled no emergency existed for hiking rates, particularly in view of a 20 per cent dividend the company paid last Year on its common stock. © The emergency petition grew out of a plea for permanent revision of fares, which still is pending before the commission. Circuit court action was the lat‘est move in the rate case which has see-sawed back and forth through the commission, state and federal courts since 1943.
POLICE ‘BRUTALITY’
DENVER, June 9 (U. P).—A
special grand jury was called yes- |’
terday. by District Judge Robert W. Steele to probe the Denver police department regarding “assaults and brutality.” In addition, the jury will be instructed to investigate the “performance” of the city’s pathologist and coroner. Judge Steele ordered the special grand jury convened as a result of at least two recent deaths in which Denver police were involved.
CATHOLIC WOMEN TO MEET MONDAY
The Indiana state convention of the Women's Catholic Order o Foresters will be held Monday a the Lincoln hotel.
A high mass is planned at St. John church at 9 a. m. for delegates prior to the opening of the
business sessions at 10:30 a. m.
OFFICIAL WEATHER
"All Data in Central Daylight Time ; 29, 1046 _ Bunrise ......5:20 | Sunset ...... 8:17 Dresipitation nce Jan, 1.,
b ananessaiarinansais ee
o 70
sll, 8. Weather Bureau
20 u
“oiber Cues jable shows the tempers
Ep oy
I killed her,” and in the next ‘breath making a conflicting statement. Police said they did not regard these statements as a confession.
to reporters at the state's attorney's office after Heirens, held in custody at the Bridwell (city jail) hospital, had been questioned for more than 10 hours. Youth Feigns Coma
a coma and fell back in bed.
statement, Heirens’
rational statement.
“tell the truth about this.”
Heirens, a towering man dressed in the uniform of a private poliiceman for the Carnegie-Illinois Steel Gorp., placed his arm about the mother. Felled by Flower Pots Heirens was arrested Wednesday fleeing from a hotel apartment in the vicinity of the Degnan home. He was felled by a rookie policeman who seized three handy flower pots and smashed them at his head. The arrest was made nine days short of six months after the Degnan murder shocked the war-hard-ened conscience of the city and the nation. The child's dissected body was found in sewers and catch basins in the neighborhood of her home, The youth's mother told police she had “always been worried”
Times 'Ti
(Continued From Page One)
July 9, when the community selections are made.
across New York st. postoffice.
eligible. or charges of any kind and the f | public is invited to attend. Adt | mission will be free, The Tiny Tot Beauty Parade is sponsored by The Indianapolis Times and the city park and recreation division. - The Times will] award a gold charm bracelet to the winner at each of the 20 city wading pools and a gold loving cup to the little girl selected as city wading pool queen in the Univers sity park finals, A parent or guardian must sign the entry form, which: appears in %|The Times. Do not send photographs with the entries. Nothing need be done after filing the entry except to appear at the pool nearest your home the night of July 9.
also known as Military park, at W.
, and Fal Creek blvd: + Finch, 8. / st. and Spann ave.; 46th and |x. George
Tuohy issued his announcement
The questioning was conducted intermittently, hour after hour, by detectives working in relays, Police said at intervals the youth feigned | the matter of price control.
Shortly before Tuohy made his parents, Mr. and Mrs, George Heirens, were taken to his. room. Police hoped that by confronting the youth with his parents they would obtain a
The parents asked their son to Again he apparently lapsed into irrationality and cried. The mother wept.| After 15 minutes the pgrents were led from the room. The elder
queen ya wthorne,
All entrants will take part at 7 p. m. July 9 in the beauty parade at the pool nearest their homes. The one selected at each pool that night will take part in the final parade at 7 p. m. July 12 at University park, which is downtown, from the
The only requirement is that entrants must be girls and not yet 6 years old. Any age under 6 is There are no entry fees
Here are the wading pools and G
5 |New York and West sts: Christian, |23 a | 4300 English ave.; ‘Coleman, 2300 W. | Michigan st.; Pall ‘Creek, College
William Heirens, 17, is pictured strapped to his bed in Chicago.
Police decided to question him in
the kidnap-slaying of Suzanne Degnan Jan. 7 after he was injured in a battle with police when arrested as a peeping -tom.
rsity Student
Quizzed in Degnan Slaying
about her son. When he was eight months old, she said, he fell out of his highchair and “hurt his head.” She said he had “been in trouble before,” and hoped he would die “if he committed this crime.” Mrs. Heirens, her dark hair streaked with grey, was near collapse, although she withstood the ordeal well. His mother said Heirens had a “religious background.” He is of German descent and has the build of an athlete, six feet tall and 180 pounds.
‘TRUMAN IS RIGHT,’ SAYS LA FOLLETTE
(Continued From Page One) Republican from Indiana, simultaneously declared he would vote to override the veto, “because I'm not going to play politics with pricecontrol, as President Truman is doing.”
Truman “Ill-Advised” “I believe the veto message was ill-advised,” the conservative Congressman Halleck declared. President Truman should have followed his congressional leaders, rather than Chester Bowles, “The President must take full responsibility for what transpired in
“We have the peculiar situation of his obviously trying to place the blame on; the Republicans in congress. “Let's look at the voting record on the conference report in the senate, * Of the 23 votes against the bill, 19 were Republican and four Democratic. Those who voted against it were taking the same posipion as the President did today. , I do not think it will be possible to hoodwink the people by his references to Senators Taft and Wherry and Congressman Crawford. “Playing Politics’ “President Truman is playing politics with price control. If I wanted to play politics, I would vote to sustain his vote. But, I shall vote to override.” Citing portions of the veto message, which pointed out that this OPA bill provided the government with responsibility but no power, Mr. La Follette said: “The President is exactly right in vetoing this fake price-control bill. I voted against the conference report because I believe in honest and adequate price-control during this inflationary period. “I shall vote to sustain the veto. “We might as well lift rent control and let all prices soar and have the riots now.”
Record Entry List Due in
iny Tot Parade’
| Dearborn and E. 30th sts.; Greer | Street, Greer and Stevens sts.; W. Washington and Mount sts.; Kansas and Meridian sts.; Meikel, Meikel and Wyoming sts.; Northwestern, 2400 Northwestern ave.; Rader, Rader and Udell sts.; Riley, 901 Oliver -ave.; Spring, Spring and Walnut sts.; Yandes, 14th and Yandes sts. Be sure to send in your entry form today, for The Times wants to use the name of each child who {plans to participate. Here are “early bird” entries received yesterday:
Arnolda—Ruth Ann. Peck, 3, of 2730 W. St. Clair st.: arman, Brookside—~Sharon Bate, Brookside ave.; N. Sherman dr.;
1'%, of
okt Owens, 4, of 153
; Marilyn E. Smith, ot Marsha Scott, 2%.
of 3302 Station st.
Cam Parks 32 Ww
tarlette Hembree Patterson, 4, of . New York st.
35 N. Gladstone; Marsha Anne Reimer,
5117 Burgess ave. of 19 N, tter ave. Coleman—Jean Lee Flelg, 5'4, W. Mich.gan st.} Julie Al ‘en, 3, of 104 N. Tremont st.;, Joyce 1420 Sharon ave. fall Orgel Judy 1a Davis, St, eph st. Apt. : Barbara Rider, 6, o Tie ‘Be lefontaine; ‘oats J. Lemke, 3, © 3131 Sutherland ave, Fin heady udy Simpson, 4, of 3125 Pros pect
Buchanan st.; Sandra Kay Lee, 3,
Spri Marta
n Upchurch Adams, 32, 2 N. Noble st.; Nanc
Gloria Dugar, 2, of 771 N
2528 Kitty Sue Blake, 4, of 2426
; Cheryl Lynne Fisher, 3 sible.”
; Joyce Gay Peace, 3,
Sullivan, alse known as Miter}
Chuistian—Melody e Ann Brown, 4, o
Marsha Noffke, 3 ; Peggy Ittner, 2, of Dianne Overman, 3%,
of 3209 Hinman, 2%, of
4, of 21 5 E In his letter of reply—addressed
f{to “Dear Chet,” the President regretfully accepted the resignation. He promised the administration would keep a watchful eye on price
a Street—Lorene Miller, 2'4; of 638 of 705
of Shepard, 2'4, of
TRUMAN VETOES OPA MEASURE
Fate of Price Control Bill Up to Congress. (Continued From Page One)
that during the next crucial six months, no ceiling would be lifted where serious price rises would clearly result. FOUR: Require adjustment of price ceilings where necessary to increase total production of needed goods. Mr. Truman said his fundamental objection to the bill passed by congress was based on the numerous amendments which, he sald, “would raise the price of cost of living commodities.”
Criticizes Taft
He singled out for special criticism the amendment by Senator Robert A. Taft (R. O.). That amendment would require OPA to allow manufacturers and processors to base their prices on levels prevailing Oct. 1-15, 1941, and to add on all subsequent increases in per unit cost. Mr. Truman .said the Taft proposal would bring especially “unreasonable” price increases on automobiles, washing machines, refrigerators and other items which are just returning to market. Mr. Truman said he also wondered whether congress was aware —when it approved the bill with the Taft amendment—that it was “voting to destroy the present wage stabilisation program” because all wage increases would have to be considered in setting prices. Mr. Truman again and again urged congress not to lower the barriers against inflation at a time when the nation is on the road to a normal economy. The President said that with his proposed extension bill, the nation could look ahead to a steady easing of inflationary pressures. The President warned that failure to hold the price line in this country would have disastrous effects throughout the world. The financial structure of the entire world, he said, is unsettled, and inflation and collapse in this country “would shake the entire world.” Want Effective Controls
“The great majority of the American people want an effective price control law,” he said. “Under such a law, we can win the war against inflation just as decisively as we won the war against the axis.” “We stand at an historic moment,” he said. “Our actions will be judged by the American people and judged again by history.”
Mr. Truman recalled that he had urged congress time and again to pass an OPA extension bill months
ago. And yet, he said, it waited until the eve of the expiration of the present act—and then came up with an “impossible” bill. The President said that his fundamental objection to the bill passed by congress grew out of the numerous amendments “which would raise the price of essential cost of living commodities.” ‘Pyramid’ Price Increases He added that amendments authored by Senator Kenneth Wherry (R, Neb.), and Rep. Fred Crawford (R. Mich.) would simply make sure that the price increases granted manufacturers by the Taft amendment would be “pyramided by generous wholesalers’ and retailers’ markups.” “The provisions of the Taft amendment are complex but they wear a superficial reasonableness,” Mr. Truman declared. “I am sure, however, that congress adopted this amendment without full appreciation of its consequences.” Mr. Bowles, whose resignation is effective July 10, strongly recom-
Senators Willis and Capehart, Indiana Republicans, voted against the OPA conference report,
mended that the President veto the bill. Announcement of the resignation was made by the White House shortly after the senate voted its approval of the measure, 47 to 23. Although Mr. Bowles gave up command of the stabilization program, there was no indication that OPA Chief Paul Porter would immediately follow suit. Mr. Porter's aides pointed out he is a “staunch #dministration supporter” and has made no statement which would necessitate his resignation.
No Alternative
Mr. Bowles left himself no alternative. He publicly had characterized the bill as “an inflationary booby trap” and had promised to quit if it were approved. His letter, prepared before the senate votqd, said administration 3{of the bill would be flatly imposHe said it would “simply serve to legalize inflation.”
wrote,
delays in production with the like-
2 | administration. Addressed ‘Dear Chet’
their locations: ; Roel, -, ot 405 Ei Minnesota at; Mary Rus, and Arnold sta. Bethel, Minesots| Foss a Ly Coit dunden Las| Mr. Bowles is expected to retura and Bethel oy 61st and B: Riley—8ana Shirley, 3. of 80 warren is home in Connecticut an ; ’ road- | ave. Sherry Lee Priefzsche, 1a, of 1149 enter the political fight for the way; Brookside, Brookside blvd. Blaine ave. Terrill Daine Walters, 4, of U. 8. senate seat now held by Reand at: Camp Sullivan, lass Oliver ave.; Judy Pgygino, 5, of ‘ LaSalle st.; ision st. publican naval veteran Thomas C.
Hart, who is not seeking -re-elec-
“Thousands of substantial price increases would be inevitable,” he “The cost of living would climb rapidly. Black markets would multiply. There would be serious
lihood of a general breakdown in
Partial Text of
(Continued From Page One)
mood there is the natural tempta tion to remove essential safeguards prematurely. This bill ylelds to that temptation. It would provide us with nc real safeguards at all. It would start prices and cost: climbing and keep them climbing It would start the value of the dollar falling and keep it falling, Far from helping production it would retard it. In the end this bill would lead to disaster. I shall not attempt to comment on all the bill's provisions. Some of them are entirely appropriate. Many others reflect minor concessions to special interest groups of the sort which the congress has heretofore resisted.
FLAYS AMENDMENTS
To these latter provisions I obect on grounds of principle. But in he last days before the expiration of legislation so vital to the nation's welfare I should not regard these concessions as a basis for withholding my approval from an extension bill, My fundamental objection to the bill is to the numerous amendments which would raise the price of essential cost-of-living commodities. Of, those by far the most damag-| ing is the price raising amendment | for manufacturers introduced by Senator Taft, (section 11), operating in conjunction with the revised
tributors introduced by Senator Wherry (section 10, par. (T)), and with the special cost-plus amend- | ments for automobile and appliance dealers first offered to the house committee on banking and currency by Rep. Crawford (section 10, par. (q) and (r)).
WOULD COST BILLIONS
The mainspring of this combination is Senator Taft's amendment. It is that amendment which would compel thousands of needless price increases amounting to many billions of dollars. The Wherry and Crawford amendments simply make sure that before the Taft amendment price increases for the manufacturers reach the consumer, .they will be pyramided by generous wholesalers’ and retailers’ markups. The provisions of the Taft amendment are complex but they wear a superficial reasonableness. I am sure, however, that congress adopted this amendment without full appreciation of its consequences. I wish it were possible to tell you exactly how many billions. of dollars the American people would eventually have to pay for the Taft amendment and its companion pieces.
GIVES EXAMPLES
Here, however, are a few examples which would enter into such a total. The first impact of the Taft and Wherry amendments in the crucial field of housing would be little short of devastating. The prices of nearly all building materials would be affected. The average increase of such materials, excluding lumber, would be approximately 20 per cent. Ceilings for steel would have to] be raised an average of $4 to $8) a ton. These increases would in|
everything made of steel. The average price of low-priced automobiles would be increased $225 to $250, on top of the substantial increases already granted. Household appliances such as washing machines and refrigerators would increase from 25 to 30 per cent. Floor coverings would go up about 17 per cent; plumbing supplies, about 16 per cent; farm machinery, about 13 per cent. The prices of clothing—already too high—would be increased to an estimated average of 15 per cent.
"FOOD AFFECTED
The bill would cause some major increases in foods immediately. It would curtail subsidy payments so that the prices of certain foods would have to gp up. Other foods would get immediate increases under the Taft amendment but these would go to processors rather than to farmers. Like the wage earnér, the white collar worker, and the millions of old people and others who must live on fixed incomes, the farm is the victim of this bill This, however, does not mean that the country would get any real protection, for long, in what it costs to eat. The same thing is true of rents. The bill does not direct any immediate increases in rents at all. In the case of both farm prices and rents, general increases would be forced upon us by simple justice and the hard facts of business and economics. The bill, therefore, gives only the delusion of protection against rising costs of food and sHelter, It would delay their rise -g little.
INCREASES EXCESSIVE
The spectacular increases in the prices of manufactured goods which the Taft amendment and its companion amendments would cause, right at the beginning, are far in excess of anything which industry needs to earn generous profits and obtain full production. The Taft amendment puts into prices the profit per unit of sales which the industry received for the
N. Davidson st.; Patricia M. Barn-|tion. . particular product in the year 1941. Rina ult oo mah one Spigot wo") Thirty-seven’ Democrats, ~ hine| That, was a year in which manuya es Nery. 3 3 |Rebulicans and one Progressive tacturers and processors received a i vi te. a + o| teamed up to pass the bill Four |m ter profit out of each dolah 2 0 Democrats. and - 19 Republicans|lar of sales than in any one of the fume on i peacetime, years which preceded
price raising amendment for dis-|
President s
Message Vetoing OPA Bill
1941 and more than in any one of he following five wartime years. Today, however, the volume of ales is greater than that of 1941 nd it is going to increase steadily [ inflation does not stop it. Thus, it the very time when we should be jetting the benefit of high volume n the form of lower prices, the aft amendment -would inflate prices.
MUST GRANT BOOSTS
Of course profits ample to provide the incentive for full production are what makes the American free enterprise system work. Prices must not be inflexibly held. Increase$ have been granted and more will have to be granted to remove impediments to production, The Taft amendment, however, in the name of stimulating production, promises peak profits on every product even where production is already going at full blast and profits are eminently satisfactory. There is a grim irony in the fact that the Taft amendment is defended as a stimulant to production when in fact it will greatly impede production. The evidence is readily at hand. For weeks we have seen meat and other commodities withheld from the market in anticipation of higher prices. The simple fact is that the average business man or farmer who knows that his price will soon be higher will not sell any more goods this week than he has to—be they suils or sewing machines or cattle,
THREATENS WAGE SETUP
The Taft amendment would wholly destroy the program of wage stabilization which has been so painstakingly, and at times, painfully, developed during the months since V-J day. Under the existing program the wage stabilization board has the task of determining the limit of wage increases which an employer can use as the basis for price increases. The Taft amendment, however, provides that, “in determining costs for the purposes of this section, all costs shall be included.” The office of price administration advises me that under this provision it wouid be required to recognize all wage increases, as a basis for price increases, even if the board had not approved them and regardless of their amount. This is the beginning of an inevitable spiral of uncontrolled inflation—a race between rising wages and rising prices.
INFLATION CERTAIN
This bill provides a sure formula for inflation: ONE: A first round of sharp and widespread price increases; TWO: Production slowdowns due to price uncertainties; Renewed demands for further wage increases due to higher living costs; FOUR: Higher production costs due to production slowdowns and stoppages and to higher labor costs; FIVE: A cost-plus pricing amendment which® requires higher production costs to be translated immediately into higher prices. And
turn be reflected in the ceilings of | ~
all this at a time when the supply |of goods is still far below the | record demand.
LEADS TO DISASTER |
The formula would lead to disaster even if it could be assumed that price control could be administered in an orderly fashion, and that the office of price administration would be able to build up a staff adequate to its new burdens. Moreover enforcement and compliance with price regulations are dependent on the general stability of prices over considerable periods of time. Once prices were set in continuous upward motion compliance would deteriorate rapidly. The reason for this is that the ceiling price of each individual manufacturer would depend upon the price which that particular manufacturer charged in the base period—usually Oct, 1-15, 1945. To this base period price each manufacturer would be entitled to add a uniform increase factor representing cost increases incurred by the industry generally since that time, ® Under this system, obviously, every manufacturer who had a different price in the base ' period would have a different ceiling price now. Uniform ceiling prices would become impossible, except in those industries which charged uniform prices in the base period. Thus, most of OPA’s dollars-and-cents regulations, which are the most readily enforceable kind, would be wiped out. Proof of any ceiling price violation would require proof of the price which the particular manufacturer charged during a two week period five years ago. Every enforcement proceeding would thus become a time consuming and often futile historical investigation. In these circumstances, the formal structure of price and rent control which the bill retains would be wholly ineffectual to stem the tide of inflation which it would set in motion. In the face of these alarming consequences to the country if the present bill should become law, I urge the congress with all the earnestness at my command to reconsider the whole problem of stabilization. Let us remember further that inflation and collapse in the United States would gravely jeopardize our efforts to bufld the kind of international economic relations that will
provide a solid basis for world peace. The whole slructure of interna-
#
WASHINGTON
will drop bomb has yet seen it. Crew probably won't see it until few minutes before takeoff. » ® ” State of the union, midwest
division: Reporters back from.
surveying Indiana, Illinois towns say they're solidly Republican, .with strong swing to Bricker for 1948 because they think Taft's gone radical
~ Spleen that once was vented in cussing F. D. R. now transferred to OPA. They blame it for shortage of steaks, shirts; are unmoved at talk of starvation abroad. fa 8 n Signs increase that consumers are fixing own ceilings. Basic steel producers report they can’t always get $5 per ton increase granted them when steel strike was settled. Some (fabricators refuse to purchase at new level because it brings their production costs to unprofitahle stage. Same trend is starting to appear in consumer goods industries. Army expects to get millionth recruit in August. Its specifications: He must meet Hollywood standards in appearance, must have wife and one young child, attractive small home. All this for promotional purposes to get more recruits. Army has $6 million to spend in its drive.
» » » 'lke' Fading Out? Look for Gen. Eisenhower to fade off front pages. Army strategists think he’s been over-publicized, is beginning to lose pulling power through too many public appearances. They plan to play up commanding generals of six U. S. armies instead, though some object.
» » 2 White House backing is In prospect for plan advanced by Bill. Batt, former vice chairman of war production board, for getting more able men into government service. Mr. Batt proposes big companies overhaul retirement systems, lower age requirements, so that executives would be free to take public jobs. Mr. Truman, chafing from too many no-thank-you'’s, hopes this is answer that it will catch on in industrial circles. » = n Silver price squeeze engineered by western senators has reduced
A Weekly Sizeup by the Washington \W
Staff of the Scripps-Howard Newspapers
(Continued From Page One)
industrial stocks so low that engravers are planning to melt down silver dollars for processing into much-needed nitrate. They have ruling from treasury that it's within the law. #
=»
Russian Competition
Back of government's removal of all import controls on leather and hides is Russia's refusal to Join international committee created to stabilize prices and allo-
-cate supplies.
Committee is disbanding because United Kingdom couldn't meet Russian buying competition and still stay within agreement.
» ” 2 Slaughter committee's investigation of surplus property disposal lags, and some congressmen are becoming impatient. Committee was created last month, was given $45,000 to start its probe but investigating stafr is not yet complete. First hearings scheduled for July. o » "w
Too Much Emphasis
Veterans administration and re-employment and retraining now fear too much emphasis has been put on abuses and irregularities in on- Job-training for veterans under G. I. bill. There are now 60,000 projects; .VA says we should have 300,000. But nation-wide publicity given employers who cheat both government and veteran has dis couraged thousands of legitimate businessmen. . a 8 =u Proposals for tighter government restrictions on credit, advocated by some administration advisers as inflation curb, are being pigeonholed in re-examin- - ation of consumer markets. Trend ‘is likely to be toward relaxation of credit regulations since surveys indicate savings are held by small percentage of population; that if there’s to be a production and buying boom, buying must be done out of current income and Borrowing. » » 2 . There'll be determined fight against Bulwinkle bill to exempt railroads froin anti-trust action if it's called up in senate, also against bill giving marginal lands to states. Both bills are intended to beat supreme court action. Senators will try to talk both to death.
(Continued From Page One)
cording instruments on the target vessels. Adm. Blandy told them every ship in the lagoon, from the cleancut German cruiser Prinz Eugen
tional prices, currency values, and financial and trade relations is still unsettled. Because of our position and influence in world trade and finance, inflation and collapse. in| this country would shake the entire world. In short, the most serious difficulties of the transition from war to peace are already behind us if only we have the wisdom and fortitude to see to it that the forces of inflation, so long held in check, are not unleashed when victory is all but won.
CALLS FOR ACTION NOW
Therefore I call upon the congress to act and act now by passing a
bill which will give the nation adequate assurance of completing a successful transition to a sound peacetime economy, such a bill should contain the following provisions: ONE: The bill should provide for extension of the stabilization laws for a full year. TWO: The bill should authorize the continuance of stabilization subsidies on a scale sufficient to avoid serious increases in food prices during the next six months and to permit the orderly termination of subsidies during the first half of 1947. THREE: The bill should lay down a congressional policy with respect to the termination of price controls and subsidies. I approve the provisions of paragraphs (A), (B) and (C) of the proposed new section 1A of the price control act continued in section 3 of the present bill FOUR: The adjustment of preduct prices to make possible the maximum total production is, of course, one of the fundamental requisites of good price administration during this final transition period. I do not believe that any change in the present law is necessary to assure that such adjustments are made. To put the matter beyond doubt, however, I would not object to a provision which expressly required the adjustment of price ceilings wherever this is necessary and would be effective to increase the ‘total production of needed goods.”
(Advertisement)
PROMPT, ALMOST AMAZING RELIEF PIMPLES-BLACKHEADS
Abandon Atom Target Ships As Bombing Deadline Nears
to the battered Japanese battleship Nagato, was ready for the test. The first crewmen to be evacuated were from the U. S. S. Nevada, the aiming point for Maj. Harold H. Wood, the bombardier who will release the high explosive.
Seamen Clyde Pewitt, 18, Franklin, Tenn., said as he went over the side, “I think we will be back. She'll stand up. She is as solid as a rock.” However, his shipmates shook ltheir heads. They said they didn’t know what to expect. Eight guinea pigs, part of several hundred animals to be used in the test, squealed noisily on the fantail unaware that for them life would possibly end soon.
A thousand yards away from the Nevada was the U. S. 8. Independence. Her decks crowded with planes, firetrucks and oil tanks, she presented a vulnerable target. In the lagoon, grouped into an area approximately three miles in circumference, were the Pennsylvania, New York and Arkansas. Aboard these ships crews packed and prepared to board transports by Monday at the latest if the order is received from Adm. Blandy. Refutes Rumors On Bikini all was in readiness. Tomorrow it will be a deserted island. Camera batteries had been installed and delicate instruments were spread over the entire island to record every reaction of an event which will last a milllonth of a second. Mr. Forrestal told reporters he was Impressed by the tight target ship array in Bikini lagoon, He sald it disproved complaints heard in the states that the vessels were too widely dispersed. Mr. Forrestal said he was interested in inspecting the former enemy ships in the array. Tomorrow he plans to visit both the Nagato and Eugen. He told the press that he hoped the world would consider the test “an objective study and not a frivolous matter as it is designed to produce a calculated result.”
INDIANAPOLIS CLEARING HOUSE
Today CIATED vovvseiiiiesiciatones $ 6,571,000 FOODIE "svn snares $16,082,000 THE WEEK CIOBFINES oovyovioioviihesdane: 38,653,000 DIOUIE . uvesvaviinessniatvnnent dion 101.000
‘WHITE'S | MARKET
401 S. Warman Ave. OPEN 3 HOURS
EVER INCLUDING SUNDAY
SHEEN
“ SATUR]
Norma Le Life; Ji Is
Police White rive Ripple viei for the bod woman wl early toda, overturned, . Her escort brought asho hoat house,’ \ hy a policé.fi The drowni fled by poliee decker of 135 in the canogy 2, of 1037 D university stu Two | He was ai 26, of 1102 1 Richard Pea at. They hel where he wa sistance. Ziegler Die also and 1. U. and Mary Jal Meridian st., Mr. Puckett fo the boat hi ning. They r Resct Puckett tol to rescue Mis became panic him under w was unable Leyer Mery father y .ago in Penngylvania He was an years. The about six mo was killed. Surviving Ernest Vehli st; two by Leyendecker,’ er, both; of | aunt, Mrs. C A native Leyendecker school gradu ber of the Li 8, and the church, She P. R. Mallo
FUGITIV: ON IR
One of tw from the Je Franklin Thi custody ef s tim of a dri: State Trooj rested 22-yea dianapolis, © Maywood las him lying in a 32-caliber containing $¢ as one stolg tinsville won His partne 10, of Morg large, state | been held a taking charg; charged wi Paul, who st., admitted Brown cousit tomobile afte The billfol taxicab invel Holt rd. and Paul was ar
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1225 TI ON 2
NEW YO! Two ships were duesbd Zanesyille Havre, with Claymont ampton, wi STUDI BURBANI «A charter here yesterc sity of Not