Indianapolis Times, Indianapolis, Marion County, 28 September 1951 — Page 22

8 PAGE 2

U.S. Cats in Aid

for Europe Puts | eve France on Spot Bownetaire

PARIS, Bept. 28. (CDN)—Con-: gressional cuts in European aid plus increased military programs in connection with Western Eurodefense plans threaten a na-! onal catastrophe for France. Rapidly increasing signs of deterioration in French economy are already bringing rumors of new franc devaluation before the end of the year, along with similar steps in Britain and Italy. France expects a dollar deficit in 1952 of several hundred millions due to decreased exports, constantly on the down-slope] since last April, and the easiest way to increase exports and the value of gold reserves is devaluation. France's economy is also threatened by rising living costs and § , increased government expendi-§ . tures due to wage adjustments. Since January the. prices of all commodities have been upped by, 25 per cent. i Wages have gone up 12 to 15 per cent in government services| and almost all private concerns, but workers and state employees have both announced intentions fo continue pressure for better pay. Just Wednesday the Pleven vernment decided to increase’ state officials’ salaries by 12 per cent. This alone will cost the government 135 billion francs’ {3301.5 million), Unless a financial program for fearmament is worked out at the December meeting of the North Atlantic Treaty Organization in Rome the French feel their predicament is bound to reflect against the rearmament program, particularly the promised formation of five new divisions by July,

“Between now and December the French hope to be able to con-| vince Washington that unless sound financial program is up to finance Europe’s rearmament the western part of this continuent almost inevitably faces bankruptcy. “Devaluation of the franc is not] ble before county elections; 7 nor is it likely it can be et without consultation with London and Washington.

SAVE ON DIAMONDS AT - PEDIGO JEWELERS |

A New “Nali-Bee” Fashion in “Chaminel”

an all washable rayon!

“Peace J At Last From PERSISTENT ITCH!

SIZES 10-18, 12.40, 141/-241/5, 38-44

Sue fashions by "Nali-Bee” ‘in ke

y : ihn go a taupe ran To Ley ey Style re comes n

sizes 14, to 24/3.

Phone AT 81 1} and mail orders filled promptly.

"HARRY LEVINSON

illinois & Market - 37 N. Penn |

PLEATS |

make the skiris go ‘round!

MEN'S SUITS _ SPORT COATS

Over 3000 to Pick From

ALL WOOL PLAID SKIRTS . . . pleated to flatter. Befutiful plaids with vivid backrounds of forest green, Blk or red. Sizes adi 30.

All-Wool COAT

Softest suede leather uppen

. ee yet toughest for wear,

FRIDAY, SEPT. 28,

_ THE INDIANAPOLIS TIMES

All-Wool Coverts! All-Wool Tweeds! All-Wool Gabardines!

Regular $35.00 Coats!

$20

All have 100%, wool zip-in, zip-out warmers. Luxurious rayon satin linings. Fall Colors. Sizes 10 to 18.

SUEDE LEATHER

LOAFERS

399

White Stitching on

BLACK BROWN

ho comrt, AA oe A widths in 4 RUST :

Purchase!

35” Square Printed Head Scarfs

‘o rolled edges—water repellent!

89

An outstanding assortment of beautiful Prints. Water repellent solid color scarfs. 35" squares.

Just right tor early Falt!

Wonderkil go-everywhere rayon

Joned i in new si

crepe of extra fine debe fey.

v

v : Insi

By Ed

THE 4 visit to t educations Intangible Had no

intangible

didn't kn why the di since an | that can't

understooc

But; be didn't bot long ago gaged in 2 and figuri reason for The sa that “All the buildir the eyes. that decre me.

BEFOF Tax Divisi open, piles janitors’ f corridor, offices I s: One of is going tc pile of ru building oi Anywa came into into the o a stage Ww could expe isn’t sayin He see: probably ¢ show inter the intang he told m name a se

IT WA to take on was passe thought st have quali to death. The Ge

It H By Ea

NEW 13 in Hollyw« ing his ol “You se ment to ts “Wait'll feeding un “It's going television! “You N tinued, “hu that we'll this climat “Climat

. do with

couldn't do Africa,” E “I hope I replied b “Smog! year I will snow and That n who is fir not me. “I und television,”

“Oh, ne television year.” “Oh, hc my rancor “I belie he should

“I ALS as good | TV is a pi “When they broug Jim Jorda: “If the they get sc “Anyws “Berle and York's sm “I don about stud shows bef the camer: There 1 guy who show—the So I sneer fornia sw York?” “I have ment.”

Ame By Re

NEW 3 keés, an raw young -—geem to about gut country or the Yanks late-bloom games, an

-I that the

pennant b ries as we Altoget that the years I ha the best t American they lose ¢ lously cor firebrand, in the. el miraculous vides sam

CLASS there has business ¢ ways typif that our | sity, from come in Ww they have their hind proud. The dr dream pif dream hit memberinj Germans they alwa the men s

5