Indianapolis Times, Indianapolis, Marion County, 18 November 1950 — Page 10
: ory HOWARD
“PAGE 10
WALTER LEC LECKRONE HENRY W. MANZ Busiriess Manager :
Saturday, Nov. 18, 1950
== Ouirea goo @ally oF indianapolis [Imes Publish ; wv" Maryland Be Postal Zone 9. Member of es Scripps-Howard Newspa paper Alliance NEA Serv. and Cireul Hons
ice Audit Buresu of
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LAgh 4 the Pen Wits Find Thew Uwn Woy SeTIAaN ona 18 bie on "the subject yesterday.
We Are on the Spot
HE United States will take every. honorable step to © prevent any extension of hostilities in the Far East, President Truman said. If the Chinese Communists think otherwise, the President said, it can only be because they are being deceived by those whose advantage it is to prolong and extend hostilities against the interests of all Far Eastern people. This was an obvious appeal to Red China not to be used as a Kremlin catspaw by involving itself in-an allout war with the United Nations. : Similar appeals to the Chinese Reds have been made * before by American and British spokesmen. Yet the ugly fact remains that, as the President said, “United Nations forces now are beirig attacked from the safety of a privjleged sanctuary” in Red China. If. this latest appeal for an honorable understanding brings no results, we must decide what to do about. this unprovoked attack upon Amerlean troops.
» ” s ° - ” MEANWHILE, with our troops in the precarious position of heing attacked from bases at which they cannot strike back; Gen. MacArthur is being undermined abroad , by vicious attacks from a most unexpected quarter—the British Labor Party. Charging that if there is a third world war in the next few months Gen. MacArthur will have to share a great deal of responsibility for it. Lord Chorley, a Labor Party peer speaking in the House of Lords, has sought to make “it appear that Gen. MacArthur crossed the 38th Parallel without authority from the United Nations. That, of ‘course, is not true, as the record of United Nations proceedings shows clearly. BS "Britain applauded the American decision to intervene in Korea on behalf of the United Nations. Now that Red China has entered the lists against us, some of our British friends indicate that they would like to run out on us. This newspaper does not like to think of the British _ as fair-weather friends. They have been our resolute Allies "in the past. But American patience is being tried by these stabs in the back. Some reassurance from responsible spgkesmen for the British government: would be in order.
WASHINGTON, Nov.
someplace else,” : president of
of the the Development.
s 8 prove that
the
would have
Mr. Ruml . ..
Must save.
groups ..bating inflation.
damn all savings, Taxation.
said. Hquidity. Most Desirable Means?
save. They
they don’t mention how
bought.”
(CED), 10 balance
Wise Decision
PRESIDENT TRUMAN has displayed good judgment by deciding not to call Congress back into session before the scheduled Nov. 27 date. : . Prospects for great achievements by the “lame-duck” _gession aren't too bright, anyway. They could have been made dimmer if the President had attempted to play a - whip-cracking role. Whether Mr. Truman is prudent in asserting that he hasn't changed his mind about his “fair deal” program ‘and will press the new Congress which meets in January to enact every plank of it—that's another question.
the federal
“It is of course true,”
and program, is one that a great many observers do not through. Systematic’ savings.
expect that they should have no partisan differences, but not too much to hope that in times of stress they'll always be. patriots first. : ;
<1f the
inflation,” he said.
na to the United Nations FOR DEFENSE .
HE CHINESE Communists Have rejected an invitation by the United Nations to appear before the Security Council and reply to Gen. MacArthur's charges that their troops are fighting the United Nations forces in Korea The Peking regime is sending a delegation to Lake ft aii te discisa- it AE ATTIS aggression” i Korea and Formosa. Hs--arrogant attitude should satisfy even the State - . Department and British foreign office that this outlaw regirge has no desire to establish normal diplomatic relations with the free: world. There can be no further excuse for delaying action on the problems raised by Red China's : armed intervention in Korea. . - ha Ta the
applied [inflation
Ww ASHINGTON Nov the post-mortems, iia 2 dat ole debbil inflation. {wo ‘months-ago,’ h controls unless noncompulsory efforts to stem inflation failed. whether noncompulsory. measures thus far. have curbed or whether they have
question 1§
#5 : o 2 = =» THE FACTS are well established. Unless the troops
representing the Peking government withdraw to their OWN. been able to do’ady good at territory, Gen. MacArthur should be given authority to A te there have: Tac { date er 1aV po bomb their air bases and troop - concentrations north of paif-a-dozen of these actions
the Ko rean-Manchurian border. = 1A prefiminary tax-inerease
ArH bill intended to soak .up $5 bilMoreover, since the Chinese Reds refused to recognize = = c= ioniial spending
United Nations jurisdiction over their own acts, the Pek- power, 2-A voluntary agreeowed to use the Security Coun- ment to allocate steel . for ing puppets should not be allowed to us Re I a3 cil as a sounding board for their propaganda attacking the "construction of band “United States. Their attitude is an insult to the United stands, race tracks and 40 . other types of nonessential Nations. They should be allowed none of the privileges of lite. fi neiony that organization until they are prepared to recognize ItS controls over 30-odd: critical materials. 5 Federal Reserve gutherity. 1 + Board's new regulations W - Any United Nations vacillation in dealing with these and X. .cutbing installment
buying and home repairs. 8 A curb on tion of rubber A 35 per eent cutback in the ~usé of aluminum for civilian consumer goods has just been ordered for Jan. 1 by the National Production - Authority. Similar orders are expected on
Boor would only encourage them to further excesses.
ou
Special Treatment Hol JAURICE THOREZ, ailing leader of the French Communists, has been thoughtfully summoned to Soviet Russia for treatment in “a specialized clinic,” as the Com2 ‘munists announced. To make sure that he got there, a tn and other scarce + Soviet plane was flown from Moscow to fetch him. ’ ‘Though recently Thorez had been reported as improy- THERE % ue on , there were rumors in France that he was suspected : Ce have latent Titoism. It will be interesting to see what the
3 ” Le
that’ soft
‘means - tapped inflation, sor
30 scared. it.’
/ the e ought that George Dimitrov, Bolgaridn TY for exampie, ‘have more ealled to Russia for special “than doubled in four months. 2 le and farm prices are we 2 months Jater. pd ap ipo sent over : 2aT ago.
FOR THE PRESENT .
FLUSHING MEADOW, Nov. "ening as it is, the situation in Korea still does . not warrant emergency United Nations. action, in the estimate of the United States delegation. Yet emergency action would be sought if the situation su denly worsened, 11, 8. have support built up for a conciliatory resolution which it and five other members of the
rice in Marion County » gents : : tor Su $ ered by Sarre anily iv and Sundas yo 11-nation Security Council laid before that body
a weeK ago in an attempt to induce the Chinese Communists to get out of Korea. * SO
CASH TALKS .... By Earl Richert Business Lauds Savings Bonds
Ruml Asserts Liquidity : Is Positive Guard to Freedom
J18-—Government savings bonds are receiving strong defense from prominent business groups and leaders. : “You can't prove the case that a man would have ‘been better off to have put said J. Cameron Thompson,
Bancorporation and chairman fiscal ‘Subcommittee of Committee of
“In the first place, you can’t the average man would have saved the money that went in war bonds. second place prove that, if he had saved, he invested place that would have brought him a better return.’ Defense. of bond is ‘general among business concerned with com-
“It you damn the savings bond, you have to ” gzaid Beardsley Ruml, York economist and an organizer of the new Business Committee on Emergency Corporate
“You've got to have savings and have them liquid if you're going to have a free people” “And the savings bond
« “THE PEOPLE who criticize savings bonds haven't got the guts to tell’ the people not to point to index numbers on prices and say that if a person had bought land or bricks he would have made more m the individual might well have lost money on the land or bricks he
The Committee for Economic Development in advancing its one-year tax program ” budget, necessity of a program to promote savings by the people. It cited the government savings bond program as the most desirable means. ; the committee said, “that persons who bought savings bonds during the war would have been better off -if there had been no inflation. But this does not mean they would have been better off to have saved less or, considering the needs of most have saved. less in savings bonds. “And if we look ahead to a period in which inflation is a risk, rather than back to a period, in which inflation is a historical fact, vantages of saving .for the individual are even
. Sg Ty An clearer.” IT'S NATURAL, of course, that he should attempt to 5 : put the outcome of the recent eléctions in a favorable Dem. Fight U. 5. Inflation ocratic light. But his professed opinion that the Repub- : THE CED said the government sayings. bond lican gains stemmed from local issues, and did not indicate Hered oe investor > Dee * dissatisfaction with the Truman national administration. ree asd. Id oppovidnity” for
of this money in government bonds, he said, people don’t reinvest this money and start waving more - bonds than they cash, then no tax program is going to be able to check
When Pre sident Truman signed the detens se produc
civilian consump-
is ample evidence
‘and easy measures have by no |
‘he prices on rubber “and
18— Threat-
is satisfied to
THE resolution is not, likely to be voted on = for days, though the Council talked itself out On that occasion Soviet Representative Jacob A. Malik served notice that a Russian veto awaits even that mild-mannered approach to the Chinese Reds.
his ‘money
the Northwest
Economie
And in
you can't
some-
the savings.
New
is tops for
money. But
stressed the
individuals, to
IN THAT way the Korea question, an issue, could be carried to the United Nations General Assembly, under newly adopted rules. and an averriding decision could be won there on any action later deemed necessary. The
OVERHAULING? .
By Clyde Forrisworth
U.S. ‘Satisfied To Delay Emorganiy Action By UN In Korea
Some members of the Council, particularly 'U. 8. wants ‘the most solid possible United Na‘India, want the voting delayed until a Chinese Communist delegation, now en route, reaches __ the United Nations to elaborate the Peking government's charges of “American aggression” against Formosa. Council's invitation to talk about Chinese Red troops in Korea, While the U. action should depend on the presence of the Peking delegation, the Americans nevertheless want 10 favorable Council votes in the face of Russia's eventual veto,
Peking has refused the
8. itself doesn't think Council
+ 0b if still
TROY nh AHIR
——A AN
esi
Nov. 18 —Politics, and par-
be main topic amang the 600 delegates to the
annual
the ad- Chicago.
liquidity and interest earn-self-discipline
but could
CIO convention, Analyzing election results,. the CIO United
feeling
opening Monday In
Auto Workers’ publication: declared that elections against people like Taft (Sen. Taft) when it campaigns on the very narrow basis of issues that directly: affect only labor. ... Labor must have a far broader approach in
~all political campaigns than it
displayed in this contest.” The
~Aute- Workers. are -headed. by.
share. Mr. ‘Ruml said the handling of the gdvern- Walter Reuther, a powerful What seems certain, hqwever, is that the next two ment's bond program was of crucial importance ClO leader. : . years will see many issues upon which the President and in vattling inflation. Me Rauber oe ection osuils Jive C must stand and work together for the sake of More than $24 billion in World War II savings. Mr I Ee ongress 8 bonds mature during the next four years and new approach Bohai on whether the CIO's national safety and world peace. It would be too much 40”. {he success of the government's program to re political division hasn't been ‘combat inflation depends an the reinvestment too aggressive and too prone to get out on linibs
its opponents conld saw off, There is no talk .of discontinuing CIO-PAC, there is be helped
that its future success by a general overhauling * of
Poise and tactics. .
By Peter Edson
Stricter U. s. Controls - To Halt Inflatio
RW theveh it would behoove politieiatis of “start paving attention to. something
n?_
HP “HH
both -parfies to
really Foran Namely tion -act said) he would not im pos TH price and- wage Manufacturing wages: are $5
a week higher on- the aver than a year ago, Most ratioh profits are .at record highs... ; The cost of living points over-a year ago
Where price
rises are said to
he most marked, however, are in the cost of munitions “planes, fanks and gums
ntrols
If selective had been slapped on after Korea was invaded wouldn't have happened. ' : s r] n THERE is little of rolling back is no authority
price ( the day
this
possibility prices; There
in the defense
production act for subsidies. and little. Hkelihood Congress will enact them unless things get much worse. It {is now entirely a matter of keeping prices from going any higher. Ore idea seems to be that no further restrictions should be: placed on business until the military requirements are known. Secretary of Com-
merce Charles Sawyer’s business. advisory meeting with 90 leading industrialists at Sea Island, Ga., did develop ‘the rumor. that Defense Secretary George Marshall was preparing a fourdfear plan. Gosgip in Washington has been that the preliminary esti
mates of this/ plat’ cam¥ to, that they ‘
“such huge, totals .could not be cortsidered, realistically or ‘politically. The: fa-
vorable October Le of events
SIDE GLANCES
"pia
w-18
in Korea may have given the military the impression. they had more time in which to re‘ine their estimates.
The new estimates may be _
ready” for the special session
of the lame duck Congress. Thes may not be fully pre‘sented; however, until . the
. President's budget message is
sent to, the/new Congress next January, . In the "meantime,
the new defense stabilisation,
“labor cannot win
production ‘and manpower au--
I'd like to make an appointment
teetn ana not: tif
-. ments would aid his
. ganizing staffs,
tions front.
The purpose behind the pending Fesolution, sponsored by Cuba, Ecuador, France, Norway, . Britain and the U. S.—a council majority—was largely served by the very introduction of the measure, it is said. The U. S. delegation sees no point in foreing a showdown now,
TA
THE SIX sponsors are assured of Nationalist China's vote, probably Egypt's and possibly That would make 10. ~New “General Assembly rules make it possible for that body to meet threats to peace with ‘which the Security Council—because of the veto rights of the five permanent members
Yugoslavia’ s and Indiajs.
—may be unable to deal.
This outline of the American Fosiuen is
. By Fred W. Perkins
PAC Gets ‘Big Eye’ From CIO
WASHINGTON, ticularly whether changes are indicated in policies of the CIO Political Action Committee, will
Convention delegates also are expected to discuss the possibility of a compromise by organized labor on its stand for repeal of the
Taft-Hartley Law.
The compromis se. would be made if unions supported a series of amendments sponsored by They were passed by nearly 18 months ago, but have been pigeonholed since then in the House Labor Committee. The charged intent was to preserve the Taft- . Hartley Law intact as a political issue for this
Sen. . Taft.
year’s campaign.
Remove Unfairness IT IS believed that the election results wiped out all chance of repealing the law during the next two years, at least, and it is admitted that _the Taft amendments would make the law more workable and remove some recognized unfair-
ness to labor unions
Sen. Taft has jus st ‘restated his support for President Truman has not for
these amendments. publicly altered his repeal.
stand
Isadore Katz, general ‘counsel for has said that the Taft union in
Textile Workers,
union workers. This union view,
the law's repeal. By Galbraith Tr
COPR. 1950 BY NEA SERVICE. INC. T. M. REC. U. 8 PAT. OFF
it YOR d any cavities!’ marking time, ormaking survevs (as if there” weren't enough. surveys already) and listening to complaints from people who: claim. they are be-
thorities are
~ ing murdered by..the relatively mild
restraints so ‘far nounced. ~ Ed) 5 These groaners and writhers
in, mock’ agony have to be
ridden over roughshod, Busi ‘ness as veual can't go on in these timed, | Na
—
TIE ALRURT
enrolling nonit was believed, might be the starting point of an alternative to
guarantee that ‘the
an-
based on an ‘explanation by Ernest A. Gross, U. 8. representative, ing Thursday's council debate. : " Ambassador Gross had wound up those proceedings with the insertion in the Council record of President Trumah’s latest statement of reassurance to the Chinese Reds. Mr. Gross did that to top Malik’s insertion of a long Peking
Ambassador follow-
statement picturing Chinese Red intervention as
Parallel.
spontaneous, natural, just, magnanimous, local and voluntary. By Peking’s lights, the new Red ~ horse is so many good-neighborly LaFayettes " helping Koreans throw off the: American yoke. Mr. Gross said the present situation differs from that of last June 25 when the North Koreans launched their assault across the 38th Now no {immediate showdown is called for, he sail. . 2
“1 do not agree - with a word that you say, but | will defend to the death your right to say it."
* Freedom and Controls
ment?
©
mine, hearts
. act
sentatives in your wishes.
By A. S. Schpeider, City MR. HASSIL SCHENCK, president of the Indiana Farm Bureau, and I, have disagreed on numerous occasions, on one fact—that if wage and price controls are again saddled on ‘our. economy, we will never ‘again be free from the police state controls, unless we fight a bloody civil war to rid ourselves of the bureaucrats, : Already, just to operate the allocation of essential materials, that job recently, has announced that thousands of employees will be needed, and about six months to set up the administration. he pay these thousands of bureaucrats out of his own funds? powers, and make their own laws, and act as prosecutor and judge .and jury inh the enforce-
but we agree absolutely
the bureaucrat named for
Will
And will they adopt: police
Once we surrender the right to engage in man-to-man relations, we have lost our freedom—and this applies to rent controls as well as wage and price controls. imposition. of controls by areas or other discriminatory ‘selective methods.
Worse even, is the
bo»
AS PROOF of Mr. Schenck’s contention, and is the rent control measure, Witness the evasive manner in which our legislators apptoached the problem which they knew in their should be done—end rent controls as well as all others— but the original rent control is still not terminated. weak-minded discussion of controls at the 1939 rentals. Now is the time to write or wire Your ‘repreWashington to If you wish to hasten the Communistic police - state era, just urge them to . hurry the controls. fcan freedom, without the necessity to obtain the approval of some petty bureaucrat to. continue to live your own life, it known to those who represent you.
And now there is reimposing rent
let them know
But if you like your Amer-
by all means make
Not Enough Light? .
By OBL, Brownsburg -
NOW that you have the brilliant Mr. hart re-elected,
Capeis it asking too much to have
some of your good editorial writers returned? Did Marquis Childs die or did you just kill him off . because his writing didn’t fit with your
plans? . Do
deserve
Will Peter Edson dare to tell the truth’ about the tax picture? : you really marvelous stories about his wife and their farm the present Earl Wilson's column about a lot of poor little nobodies plus his own personal greatness is any
think Othman, with his
location? Do you think
less barren and disgusting because you ‘have
the Senate Light and Way”
dinary
the People above your editorial horse-thief would have received better treatment than you gave Alex Campbell.
given it a better location? Do you think you are entitled to print, “Give Find Their Own
Will
column? An or-
MR. TICK TOCK
man...
perk ..
Taft-Hartley bright . ..
the CIO amend-
heart . .
10c EXCUSES .
Behind Aluminum p
EABHIN GON Nov. Ta EAPIANETISRN £6 & dime & dozen In mobilization: cireles today for the FUver ments “poor record in
gtockpiling alumintim, =
Reason for the explanations,
~~ IF YOUR watch is ever broken... a look into... recommend to you. . . has made it his life’s work . . a timepiece that is sick ... ..you'll always find him in his shop... each marning to each night . .:. can catch 'him*in , . . he wears a pair of specks that are . . . as ancient as himself , . them off to check ... . not only do 1 guarantee . . .: fix. your clock ... . this man folks call tick-tock.
. or it needs take it to a man that I... will this rather.old but clever
and make it run and
and often you when stars are shining
. and only takes his timepiece on the shelf that he will but he will win your very
—By Ben Burroughs
. By James Daniel :
What Is the Story
10 fix
BE
If last tion. the e: the spotlig] And Vv
card consis year. ; Sacred H county seq season, pou holding Mt, Spartans’ f Southport ing Roland csaching de Butler and ming Frank dn. The Conference good grace opener to UC five straigh Cathe Two othe ations. pull of” the fire.
Car
_ men in a S
turn back School five, lin Townsh! year's sav Bpeedway, ¢ In. ‘othe; Grove gave Mendenhall tory with a Pike. Town: host quintet perienced \ 49 ‘to 38. The War three senior omores. The youn, count five t
quarter bu to. a 10 to stop. Coach
tingent hur time advan 38 to 27 le: Warren's turning le points in a the visitors ted 14 to le Namesa Coach Mz net win wa sake Mend banged eig winners. The Horn lead early to lead the was 12 to and 34 to Beech Gro way in the Anderson |} Coach Bill A - newco varsity, M; stuffed in Plugs bowe utes,
Sacred Hear
Cathedral hrader.t ; f -
‘of course, is that 35. per cent.
less aluminum will be used next year for vacuum cleaners, windows, pots and pans, “toasters, percolators, ete., than was used In
the first six months of 1950. This is to get more. alum-
fnum in the government's practically rem pty aluminum stockpile. - Since the Koréan
War started, civilian consumptibn rates are well ahead of the. first, six. months of this vear, so the cutback in 1951 actuially will be more than 35 per cent. Commerce Department officials frankly anticipate some unemployment among aluminum processors. 5 = 5
HERE .is how the stockpilers °
explain their fajlure to hoard
adequate aluminum against the present emergency: ONE: Lack of money. Muni-
tions Board officials say Con-
gress didn't ‘begin: appropri- . ating substantial sums. for stockpiling until last “ear.
When the money did, start
- flowing, they had other items
that seemed more critical than aluminum. They did buy and stockpile some bauxite, the aluminum ore. '
TWO: Fear of interfering with civilian‘ business. Up to 1948, board officials say, they were instructed by Congress
not to let stockpile ‘purchases
get’in thé way of réconversion.
They didn't buy aluminum be"cause it might” have checked
the growth of the. “big new
Jost. war Buminum fabricating’
«industry. |
THREE: A low priority give en to _aluminus. Up to
>
+
mid-1950 aluminum was only on a secondary list of stockpile . items. Since . aly went on the primary list; none has been for sale to the government stockpile at the price the stockpilers are willing to
. pay.
» - » Industry sources answer the explanations this way: ONE: “Lack of money.” The stockpilers have returned part of their appropriations to the Treasury at a time when the aluminum industry was begging them ta buy. Moreover, the stockpilers passed up an opportunity only this vear to take aluminum as payment on government loans,
«TWO: “Fear of interfering with civilian business.” In-
dustry sources say it had been
assumed that the military stockpilers would. help business by buying metals in slack periods. There “have been several serious slumps in the “aluminum business, notably in
1947 and 1949, but the stock-
pilérs wouldn't buy.
THREE: “A. low priority given to’ aluminum.” The industry replies to ‘this by pointing to the aluminum" cutback order, the first required for a major metal. "Had the government bought
aluminum instead of pig alum- .
, inum (an unrefined metal), industry sources say, it would have saved electric. power, transportation costs and time.
atin
aluminum .
a
mat 5 oO ial H xo Pike Townshi K nell hea { ’ £1 : Cor i i Res ialitin = I Frey a ; 1 me Ww 3 A Franklin Twi wa er M er
etereel Ra Gis
