EDITORIAL-COMMENT
0^^ IoJoMoOoJ
^fjCTORY^FUND^ANJJ C^QMMUNITY JIHEST
AN EDITORIAL:
OUR GI’S AT HARVARD
It may not be a world-shaking event, but the fact
that the Harvard Trade Union Fellowship has now
agreed to accept women unionists selected by their .
unions to study under the free scholarship arrange
ment is, beyond doubt, both a novel and interesting
bit of news.
That staid, ivy-covered Harvard was persuaded
to depart from its no mixed-classes tradition is dis
tinctly an achievement for women in general and,
in view of the fact that this exception was made for
Trade Union Fellowship courses, for the labor move
ment in particular. The ILGWU, which initiated
this move, has reason to feel especially gratified,
we believe.
Two other points may be emphasized in connec
tion with ILGU student enrollment in the Harvard
courses this year. First, three out of our group of
fourt students are GI’s. The two women have just
been honorably discharged from the WAC, and both
of them have seen many years of active service in
ourr union. The second point is that one of the ■
girls, a veteran activist in the ILGWU, is a Negro.
This attests a breadth of vision for which the admin
istration of the Trade Union Fellowship at Harvard
may justly be congratulated.
When this labor study project was first launched
at Harvard lour years ago, it created considerable
stir both in trade u:*'m and in educational circles
as ai earnest effort 1<> equip young and ambitious
trade unionists with an intellectual and scholastic
trainin'* that would substantially supplement thei :
practical know-how in the complexities of labor
employer relations. The war and the outflow of
the younger men into the armed forces has gravely
interfered with the ILGWU, whose membership is
preponderantly female, the exclusion of women
from the Harvard campus lias made the choice of ,
student candidates even more difficult.
With the conclusion of the war and the admission
of women students to the Fellowship course, it may
be expected that the labor studies at Harvard will
proceed at a faster and more productive tempo. The
score of other universities and colleges which have
taken the cue from Harvard in this relatively new j
field of adult education may also expect larger en
rollments in the coming years.
I
What this experimental work may mean to the j
labor movement, however, cannot possibly be meas
ured at the moment, by a common yardstick. Some
of the labor unions looking forward to immediate
“dividends” from this investment in training for
leadership may find the results not altogether grat
ifying. But educational programs, by and large,
are not short-range propositions. A good deal will
depend on the human material the unions will send
to the labor courses at these colleges and upon their •
eventual loyalty to the movement from which they
have sprung.
In any event, the labor unions can stand only to
gain from these generous endeavors on the pa'rt of
leaders in higher education to bring “town” and
“gown” closer and to make the study of the applied
social sciences available to union men and women on
a level of complete impartiality and scientific in
tegrity.
Dead Wood
By GEORGE S.BENSON
President of Harding College
Searcy. Arkansas
E3 - —
IN MY early 20’s I had frequent
dealings with a small but old and
reputable manufacturing corpo
ration. One day I lunched with
a gray-haired employee, the su
perintendent, who was quite un
happy. They had lost their big
gest contract. The lost customer
was a young and thrifty retail
firm whose needs had finally
grown too large for the old
manufacturer to supply
Price had been a consideration,
of course. My companion ad
mitted that several competitors
opuld quote a lower price and
tfake a profit when his plant
could not. It was on account of
the modem, high-speed .equip
ment which the competitors used
Naturally 1 asked why the old
house couldn’t install better ma
chinery The superintendent sim
ply wagged his head and said,
"dead wood.”
Unused “OUR big bo>> is the
Hands chairman,” he explain
ed. “His brother is
president of the company Each
of them has a son who is a vice
president. The secretary and the
treasurer are both sons-in-law.
1 don’t see any of them twice a
year but they all draw salaries as
big as mine We can’t buy new
equipment. Sometimes we are
hard put to pay for current ma
terials promptly.”
I
This was 25 yearu ago when a
'lot of ranting (not altogether un
justified} was heard about the
“idle rich.’’ But the tables have
turned. America's threat now is
“idle poor.” They are more nu- ;
merous. Idle hands can ride any
business to the ground because
they retard production. Indiffer
ent workers are no less guilty
than pampered payrollers.
Foes of I WAS much impress
Freedom ed by an article in the
Houston Press a few
weeks ago, written by a returned j
service man. He had started to
work in an office soon after he
was discharged and, six weeks i
later, penned his contempt for
civilian workers, men and women.
They systematically fritter away
50% of their working time, he
charged They can do it because
of the scarcity of workers.
There is an imported, alien
doctrine that capitalists will make
too much profit for the good of
the public unless workers retard
production some way. The theory
is venomous America’s unique
place among world powers, the
singularly high standard of living
among workers and farmers, our
national income and our national
safety, depend on efficient pro
duction.
The wide world soon will he a
market of millions of people in j
poverty. If America fails to sup
ply it, cheap-labor countries will
take the business. Dead wood
can cheat Uncle Sam out of world
trade and leave us to stew again
in our own over-supply, with low
wages and poor living conditions
which we don’t want and which
aren’t necessary
Wallace's Job Program
Packs Political INI
Reorganization of Commerce Department
First Step Forward in Formulation
Of Full Employment Policy.
By BAUKHAGE
News Analyst and Commentator.
WNU Service, 1616 Eye Street, N.W.
Washington, D. C.
The recent operating and or
ganization program for the depart
ment of commerce created very lit
tle excitement in Washington or else
where when it was released. I think
it made page 15 of the New York
Times. The Times gave much more
prominence recently to another doc
ument from the pen of Henry Agard
Wallace—his new book, “Sixty Mil
lion Jobs,” of which I shall speak
later.
Congress may slumber on the re
organization report for yet a little,
but when Washington wakes to the
real significance of this 10-page,
mimeographed document it will find
between the lines much upon which
to ponder. (Maybe that is why it
was double-spaced.)
To me, this is a three-in-one in
strument—just as its author, Henry
Wallace, revealed himself as a
three-in-one personality when I
called on him just before the pub
lication of his program, his first ap
proach to the governmental lime
light since the change in adminis
tration.
The report on what Mr. Wallace
in his capacity as secretary of com
merce hopes will mean the revitaliz
ing and expanding of his depart
ment, envisions the metamorphosis
of that somewhat turgid and impo
tent institution into a vigorous and
human organization which will reach
out and touch millions of individuals
just as the government’s most virile
department, agriculture, does. Sec
retary Wallace said frankly at his
press conference and also in more
detail privately to me, that he
thought that the department of com
merce should do for the business
man, big and little, what the de
partment of agriculture does for the
farmer, big and little. And it will, if
he has his way.
Active Department
Secretary's Goal
Wipe out of your mind, if you will,
that one-time problem child of the
New Deal, the agricultural adjust
ment administration. Now weigh
the testimony of observers, includ
ing anti-Wallaceites, and I think you
will learn that as secretary of agri
culture, the author of “Sixty Mil
■ lion Jobs’’ did a good job in re
vitalizing his department.
How much it will cost to do as
much for commerce, we couldn’t get
aim to estimate, but he finally told
us that it would be less than one
sixth of the cost of one day’s war
at V-E Day. By a series of calcula
tions we arrived at the figure of 40
million dollars. Since the commerce
department spent about 121 million
dollars last year, Mr. Wallace’s
changes would make a total cost for
ais revitalized department of 161
million dollars.
Those who cry economy will
shudder at that figure but they will
aear this answer: If business, big
and little, wants help similar to that
which agriculture demands and gets
it will cost something. The depart
ment of agriculture cost approxi
mately 769 million dollars to run last
year, and the farmers wouldn’t
want it to do less.
There will also be another explan
ation of the figures which will at
tempt to show that part of the ex
pansion of the reorganized depart
ment is really contraction, and that
brings us to the second integer of
the three-in-one composition of Mr.
'Wallace’s plan. The plan is more
i than a blueprint for changes in a
single governmental institution. It
is definitely a part of President Tru
man’s reorganization plan which it
is fair to assume would bring back
under the commerce rooftree the
horde of agencies and commissions
which have to do with industry and
business.
And now we come to part three of
[ the tri-partible function of the Wal
' lace program. It is by his own
i implication, a part of his recipe for
full employment included in his
book, "Sixty Million Jobs,” and men
tion of that brings me to an ex
amination of Mr. Wallace himself.
I said that like the program of re
organization for bis department, Mr.
Wallace seemed tripartitent to me.
When I called upon him, he came
down the great, cavernous room
which Herbert Hoover planned for
his successor and we sat in chairs
about a little table that made a hos
pitable oasis in the midst ol the
desert vastness of high walls and
lofty ceiling.
A Presidential
Ghost Emerges
I had really come to see Henry
Wallace, the author of “Sixty Mil
lion Jobs," which had just been re
ported a best seller in two New
York stores. We discoursed at some
length on that opus and gradually I
found myself also talking to Henry
Wallace, secretary of commerce,
for, as I suggested earlier, many a
strand from “Sixty Million Jobs”
may be discovered in the warp and
woof of the department reorganiza
tion plan.
As the conversation moved from
book to report and back to book
again, never getting far from the
theme of full employment, I thought
I could make out an ectoplasmic
form arising from what had been
up until then my two-part, author
secretary host. The third being, al
though not yet completely mate
rialized, little by little became I
translucently visible to the naked
eye. This party of the third part I
thought I recognized as Henry Wal
lace, presidential candidate (1948
or at least 1952).
Perhaps I would not have believed
my eyes if it had not been for a
statement which a stout supporter
of Mr. Wallace had made to me:
“ ‘Sixty Million Jobs’ comes pretty
near to being just about the best
political platform the Democratic
party can run on in the next elec- .
tion.”
In one place, Author Wallace says:
“There are a few, of course, who
think that any government servant
who uses the phrase ‘full employ
ment’ is engaged in some deep dark
plot. But they are the exceptions
that prove the people’s sanity and
soundness as a whole.”
Senator McClellan might be con
sidered one of the exceptions from
his remarks in the debate on the
full employment bill. He said that
the measure “says a great deal
and actually means nothing except
to create an erroneous impression in
the minds of the people.” He later
described it as “soft soap.”
‘Sixty Million Jobs’
Draws Commendations
Whatever the lawmakers think,
the reviewers certainly are full of
praise for Wallace’s book. The New
York Times calls it "a thoughtful
and thought - provoking discussion
of American political economy,” and
the Saturday Review of Literature,
agreeing with the Times, adds that,
“more than any recent work on
economics or politics, it can serve
as a moral testament and intel
lectual guide in the eventful, diffi
cult days ahead.”
The work appeared first in a busi
ness-letter-sheet size with paper
cover; it followed in orthodox book
form. Later the author hopes, he
told me, that it will be printed in a
cheap, pocket-size edition.
When Mr. Wallace said that I
thought I caught his ectoplasmic ■
triplet nodding emphatic approval !
while ghostly lips formed the words, !
“for every voter’s pocket.”
Much water will pass beneath the
Potomac bridges between now and
1948 or 1952. We have with us at
present a conservative congress and
the political veterans say that no
matter which way the wind may
blow abroad, it is blowing to the
right on Capitol hill and, they add
hopefully, perhaps not too leftward
at the other end of Pennsylvania
avenue.
Secretary - author - candidate Wal
lace’s full employment program re
quires much more legislation than
the full employment bill. That is
only the first step. The expansion
and re-orientation of his and other
departments will be required. Then
there will be special taxation- there
will be at least the blue-printing of
public works; there will have to be .
a settled policy providing for foreign
loans—the Bretton Woods program
and other stimulants of world trade
and tourist traffic.
If a too conservative congress did
not grant the minimum legislative
implementation, the “Sixty Million
Jobs’’ plan could not be carried out.
That, however, Mr. Wallace’s sup
porters insist, will simply make 60
million people who want jobs, plus
their families, vote for the man
who believes they can be produced.
BARBS . . . by Baukhage
Two hundred thousand of Berlin’s
three million population are mem
bers of trade unions. But what have
they got to trade?
• • •
If anybody asks you: '‘Don't you
know there’s a war on?” the an
swer is “yes" and whether you
like it or not it will be for six
months after a formal declaration of
peace which isn't even in sight yet.
LETTERMEN:
A survey by the American Col
lege Publicity association shows
that only 4 per cent of college letter
men were turned down as physical
ly unfit for military service, thus
debunking the impression of a high
rate of rejections among athletes.
According to the survey, only 358
students out of a total of 9 635
letter men in 119 colleges and uni
versities in 1941 were found unfit for
service.
The White House had its first real
paint job since the war began and
looks like a new place. The scaffolds
were up before J-sunender day. I
wonder if the painters had a tip?
• • •
We have 2C million less horses and
mules to feed than we once had in
this country. But the land used to
raise food for them is now feeding
human beings.
I ___
■ Push Fight on Polio
In the mounting drive against
polio, the National Foundation
for Infantile Paralysis allotted
the unprecedented total of
$4,157,814.15 for research, edu
cation and the treatment in the
year ending last May 31.
As yet no preventive or cure
for polio has been found, al
though it is generally recognized
as an infectious, communicable
disease caused by a virus.
*7-4eJ4ame
k^bum
H&p&ite/i
in WASHINGTON
By Walter Shead
^ j WN LI Corresponded
WNU Washington Bureau.
1616 Eye St.. N. W. I
A World Department
Of Agriculture
—
p'VERY farmer and rancher, every
person connected with the food i
and agricultural industry in these
United States from producer to
processor, and citizens generally,
should watch with deep interest the
meeting of the food and agriculture
organization of the United Nations
in Quebec, starting October 16.
This is the first of the permanent
new United Nations agencies to be
launched after the end of hostilities,
which marks the importance at
tached to its deliberations by our
government and the governments of
all the 44 United Nations. As this
is written, the list of American dele
gates to the conference has not been
announced. It is liHely, however,
that the delegates from the United
States will be headed by Howard
Talley of the department of agricul
ture, who has acted as the United
States representative on the Interim
commission of the organization.
The food and agricultural or
ganization ratified by the 44 na
tions at San Francisco is part
and parcel, and a most impor- j
tant function of the United
Nations organization. It is not I
a relief agency. Its aim is to im
prove world agriculture and to 1
increase food production; to
provide a higher standard of diet
and raise the levels of nutri
tion and the standards of living
throughout the world ... all of
which is intended to contribute
to an expanding world economy.
The organization will likely set up
machinery which will function for
world agriculture and production
much like our own department of
agriculture functions in the United
States ... in an advisory capacity,
passing along scientific development
. . . the dissemination of agricul
tural knowledge . . . technical in
formation and the results of sci
entific agricultural research ... to
aid in setting up agencies in all the
44 countries for combating soil ero
sion, to improve soil and crops, to
develop better livestock . . to
take into consideration reforestation
. . . rural electrification . . . farm
to market roads . . . exploration of
new sources of food ... to provide
better tools for primitive farmers
to increase production . . . attention
to surplus crops and a better dis
tribution of these crops and many
other subjects necessarily attendant
to the huge and complicated task of
providing more and better food for
a world and its population ravished
by years of total war.
Not Enough Land
There are now about 2.200,000,000
human beings populating this old
world on which we live, and the ex
perts predict that at present rate
of^ increase there will be a billion
more by the end of the century.
These experts further point out that
there are at present only about 4,
000,000,000 acres of arable land in
use, which is less than 2% acres
per capita. Even in our own coun
try there is only a fraction more
than seven acres per capita in farm
lands, including woodlands and pas
ture lands. If we would take into
account only the crop lands har
vested, approximately 321,250,000
acres, our per capita acreage would
just about equal the world aver
age.
So without an expanding acreage
of arable lands, without basic re
sources in India, in China, in Rus
sia and many other countries, such
as we have in this country, the ex
perts say that the world will con
tinue to produce insufficient food to
feed its billions of humans.
What the representatives of
these 44 nations . . . what our
own delegation does at Quebec
to commit this country to a pro
gram of world agricultural re
habilitation will determine in
large measure whether we as a
people were honest when we sub
scribed to the Atlantic charter
and the charter of the United |
Nations at San Francisco.
For with this charter in exist
ence and binding upon us . . . with
our nation emerging from the war
as the most fortunate, the most pow
erful . . . with a new conception
and in a new position as the lead
er of the world . . . the time has
passed when we can watch the peo
ple of India, China or any other
nation starving, and salve our con
science with a check to some relief
society.
Two-thirds of the people of the
world are farmers. These hundreds
of millions are striving to raise food
on worn out land.
And from the selfish few comes
the comment: “Why should we help
the rest of the world raise food
when there continues to be surplus in
our own crops?” And the answei
of course, is that with proper dis
tribution; that with the rest of the
world eating and living on a par
with our own diet; there would be
no surplus, with a continuing ex
panding world economy calling al
ways for increasing production.
Church Warning
Meanwhile the Federal Council of
the Churches of Christ in America
called upon the government “to
state now its intention to place the
new discovery under a world-wide
authority as soon as all states will
submit to effective controls,” and
to “press for such controls.”
The statement also warned that
unless international control can be
achieved in the short period while
the United States alone possesses
atomic bombs, it may be difficult or
impossible to achieve.
The Omaha Guide
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!-WEEKLY NEWS ANALYSIS_
Chart Economic Reform for Japs;
Back Vets' Rights to Old Jobs;
U.S. Acts to Settle Oil Strike
- Released by Western Newspaper Unton _
(EDITOR'S NOTE: When opinions are expressed in these columns, thev are those of
Western Newspaper Union’s news analysts and not necessarily of this newspaper.)
Out on strike of elevator operators' union in New York, girls picket
Empire State building. As a result of walkout, thousands of workers were
forced to toil up flights of staircases to reach offices.
JAPAN:
Economic Checkup
To Gen. Douglas MacArthur went
the task of supervising the economic
reformation of Ja
pan as a part of the
- U. S. program to de
stroy Nippon’s war
■ making potential
and promote wide
' spread opportunity
in a nation formerly
dominated by four
great business
Ihouses.
As MacArthur
bent to the task, the
Hirohito prospects rose that
Not a Pauper the personal fortune
of Emperor Hiro
hito would be divulged, revealing
him as one of the world’s wealthiest
persons. Though the Mikado's as
sets are known to only a select few,
the imperial family maintains a
four-story concrete building com
plete with stall on the palace
grounds to keep its accounts.
Indicative of the vastness of Hiro
hito’s holdings, the emperor pos
sesses stock in every Japanese
enterprise, since a bloc of shares
are allotted to the emperor by a
corporation upon organizing. Of the
300,000 shares of the Bank of Ja
pan, Hirohito reputedly owns 140,000.
Besides the Mikado, the great
business houses of Mitsubishi, Sumi
tomo, Yasuda and Mitsui possess the
greatest holdings in Japanese enter
prise, with their share estimated
at over half the total.
Under the U. S. program, steps
will be favored for the dissolution
of these politically influential insti
tutions with their grip over banking,
industry and commerce. Policies
will be pushed for a wider distribu
tion of income and ownership of
productive and sales facilities, and
encouragement given for the devel
opment of democratic labor and
agricultural organizations.
In stripping Japan of its war
making potential, the U. S. will pro
hibit the operation of industries
adaptable to war production. As in
the case of Germany, manufacture
of aircraft is to be prohibited and
shipping is to be limited to immedi
ate trade needs. U. S. authorities
also will supervise Japanese indus
trial research.
As MacArthur’s staff undertook
an accounting of Japanese assets as
the first step in the implementation
of economic reform, the general or
dered Premier Higashi-Kuni’s gov
ernment to institute immediate wage
and price controls and ration com
modities to head off extreme priva
tion among the country’s 80,000,
000 people.
With Japanese experts figuring it
would take Nippon from two to five
years to get back on its feet, they
proposed that the U. S. sell the coun
try 250 million pounds of cotton with
in the next year in addition to 60 mil
lion pounds of wool; 3 million tons of
rice; 2 million tons of salt; 500 thou
sand tons of sugar; 3 million barrels
of oil, and 3 million tons of steel.
FOOD:
To Curb Output
Declaring commodity production
goals should reflect consumer de
mand rather than maximum abili
ty for output. Secretary of Agricul
ture Clinton Anderson indicated that
the government’s 1946 farm pro
gram may call for smaller harvests
in view of decreased military and
civilian needs.
In making his views known in a
conference with farm bureau repre
sentatives in Washington, D. C., An
derson also raised the possibility of
imposing marketing quotas to re
strict the heavy output of certain
crops.
At the same time, Secretary An
derson joined President Truman in
assuring the farm bureau men that
the government would back its com
mitment to support commodity
prices at not less than 90 per
cent of parity for two years after
the official end of the war.
VETS:
Job Rights
Clarifying the rehiring provision
of the selective service act, draft
officials declared that a returning
veteran has an absolute right to his
former position, or one of like
status, even if it means the dis
charge of a worker with higher
seniority.
At the same time, the officials
stated that no veteran would be re
In further lowering the point
score for overseas duty, the army
revealed that enlisted men wrhose
credits or age, as of September 2,
1945, equal or exceed 36, or who
are "7 j ears old or 34 years old
with more than one year of serv
ice, will be exempt. Also exempt
are male officers with 48 points;
army doctors and dentists with 45
points or 40 years of age; vet
erinary and medical administra
tive officers with 30 points or 35
years of age; dietitians and phys
ical therapy aides with 18 points
or 30 years of age, and nurses
with 12 points or 30 years of age.
quired to take union membership in
regaining his old position, since the
law makes no provision for such
conditions as a basis for his re-em
ployment.
In handing down its ruling on vet
job rights, draft officials directly
clashed with the unions, which have
stood for the rehiring of soldiers on
a seniority basis, but opposed their
re-employment in preference to oth
ers with longer working records at
affected plants.
LABOR:
Fuel Threat
Secretary Lewis Schwellenbach’s
new streamlined labor department
received its first real test as federal
conciliators moved to bring about
settlement of the CIO oil workers’
demands for a 30 per cent wage in
crease before a growing strike threat
imperiled the nation’s fuel supply.
Early negotiations were snagged
by the union’s demand that discus
sions be held on an industry-wide
basis and the companies’ equal in
sistence that agreements be effect
ed by individual refineries. In ask
ing a 30 per cent wage increase,
the oil workers reflected the general
CIO aim of maintaining wartime
“take-home” pay by bringing 40
hour-per-week wages up to the total
of the former 52-hour week.
In other labor trouble, 60,000
northwest AFL lumber workers
struck to press demands for a $1.10
hourly minimum compared with the
present scale ranging upward from
70 cents, while 15,000 AFL elevator
operators and building service em
ployees paralyzed service in over
2,000 New York skyscrapers by
walking out in protest of a War La
bor board grant of $28.05 for a 44
hour week instead of the $30.15 asked
for 40 hours.
GERMANY!
Occupation Progresses
Following close on General Mac
Arthur’s announcement that no more
than 200,000 troops would be needed
within the next year to occupy
Japan, it was revealed that U. S.
authorities hoped to trim the post
war force in Germany to less than
400,000 by next spring and reduce
it to skeletonal dimensions within a
few years.
Disclosure of occupation plans for
the shattered Reich coincided with
reports that the co-operative attitude
of the defeated Germans will permit
the early election of local govern
mental officials with balloting on a
county and state level following.
Meanwhile, the army revealed that
i it was training hand-picked German
prisoners of war to aid in the ad
ministration and policing of occupied
territory. Selected after careful
screening, the PWs are taught Amer
ican and German history, the Eng
lish language and military govern
ment, and also are being accli
mated to democratic surroundings.
BIG FIVE:
No Results
Failing of settlement of one im
portant problem, the Big Five coun
cil of foreign ministers meeting in
London to map postwar Europe
moved for adjournment, with possi
bilities that the creation of peace
treaties with former axis satellites
may be directly negotiated between
the U. S., Britain and Russia.
The magnitude of the task of rec
onciling the conflicting interests of
the Allied powers in the European
theater was reflected in the difficulty
of disposing of pre-war Italian col
onies and strategic islands of the
Mediterranean: reshaping the Ital
ian-Yugoslav border; drawing up
peace treaties for the Russian dom
inated Balkans, and internationali
zation of the vital waterways.
While the foreign ministers of the
Big Five were scheduled to reas
semble in November to receive the
recommendations of their deputies
on settlement of the thorny issues,
Russian opposition to French and
Chinese participation in the deliber
ations raised the possibility that di
rect negotiations between Washing
ton, D. C., London and Moscow may
be established as an alternative.
U. S. Gets New Auto
The most colorful mass produc
tions of World War II. Henry
Kaiser announced arrangements for
his entrance into the low-priced
automobile field in league with the
Graham - Paige interests at the
sprawling Willow Run plant original
ly set up for manufacture of B-24s.
To effect the greatest efficiency
and economy, Graham - Paige will
also produce its medium-priced car
and line of tractors, farm imple
ments and rototiller along with the
new vehicle at Willow Run. Joseph
Joseph VV. Frazer (left) and Henry
Kaiser.
W Frazer, president of Graham
Paigo. wil! act in the same offi
cial capacity in the new company
to be called the Kaiser-Frazer cor
poration, and Graham - Paige will
share in a 250,000 purchase of stock
valued at $5,000,000 in the new firm.
Indicative of the cost of establish
ing a modern mass-production auto
mobile factory, Kaiser-Frazer will
invest $15,000,000 to be received
from total private and public stock
sales as follows: $2,000,000 for ma
chinery and equipment; $1,750,000
for tools, dies, jigs and fixtures; $1,
500,000 prepaid expenses; $1,750,000
deferred charges, and $8,028,800 for
general corporate purposes.
ATOMIC BOMB:
Future Use
While congress worked up steam
over the future of the atomic bomb,
Pres. Harry S. Truman disclosed
that the lawmakers would be given
full responsibility for the control of
the devastating explosive.
Mr. Truman’s decision to submit
the issue to congress came as Rep
resentative Arends (Rep., 111.) told
the house that he had learned that
an even more destructive missile
than the one which razed Hiroshima
had been developed. Calling upon
the government to establish a sci
entific board to devise a defensive
weapon against the atomic bomb,
Arends said one such explosive
could kill millions of city-dwellers.
Meanwhile, Senator Downey
(Dem., Calif.) asked that the U. S.
turn over the atomic bomb to the
United Nations organization so that
general possession would lessen the
chances of its military development
while at the same time encouraging
further scientific research for an
adaptation to peaceful usage.
