Show NEWS REVIEW panama branam ali bases Dases Meli tletA if d list grain sw speculators jr lec 11 LAL gators unanimous rejection by pan ama s national assembly of a treaty which would have given the U S the right to lease and man 14 mill mih tary and airfield sites to defend the panama canal not only precipitated a diplomatic disaster but also left this nat on in the position of a fighter without a left hand to guard his jaw the action strongly opposed by panama panamas s president jiminez left the U S with just one alternative to pull out since commitments had been given that no american troops would remain in panamanian tern tory without sanction of 0 an author iced treaty military officials later announced that the withdrawal of some 2 U S soldiers from the 14 bases sur rounding the canal would be begun immediately that meant probably that the troops would be pulled into the canal zone proper which the U S leases from panama this was by all odds the most crucial issue to arise in U S pan ama relations since this country purchased the canal from france in 1904 and it was aggravated by the fact that the inability to man de tense bases around the canal left this most vital point in american military security dangerously ex posed rep albert engel rep mien mic h chairman of the house eions subcommittee on defense stated his belief that the national assembly s 51 to 0 vote against the treaty was influenced at least in part by the communist movement in panama and he suggested that the U S build a new atlantic pa cefic canal outside panama if that nation continued to refuse use of bases there did not appear to be much chance of further negotiations how ever the assembly s rejection of the pact probably closed the door on that course some officials were speculating on whether the problem might not wind up in the lap of the united natio s for solution SERIAL grain opera secretary of agriculture clinton anderson at the behest of the sen ate appropriations committee in vesti gating commodity speculation on the part of govern government men t officials came through with the first install ment of the names he had prom ased to name there were of them big traders in grain and other commodo ties but except for the name of the man who precipitated the hinves ti gation edwin W pauley bial advisor and special assistant ANDERSON S LIST to army secretary kenneth royall there were no spectacular discalo on the list while there Is s no law against spec spee the current investigate invest igat ons ordered by congress stem from re ports that government officials have profited from inside information on government commodity buying plans anderson s name list was the first installment in a series which the agriculture secretary will tor for ward to the senate appropriations committee simultaneously making each list public an estimated 14 names are available for such list ing mg meanwhile the senate ap allons committee as well as a house committee were ready to start sift ing the rolls for possible irregular i ties and especially for leaks of in side information WARNING on prices the president presidents s council of eco advisers an astute group that sometimes functions as mr truman s conscience has warned that the U S must return to real price competition if the present boom period is not to collapse into a shapeless economic mess in its annual report the council sharply criticized monor monopolistic practices and declared also that many industrial prices must come down at least in relation to other prices and many rates of profit must subside while reasonable profitability is established in other areas the report surmised that the pres ent era of prosperity was abnor mal because of such factors as heavy exports short crops and great military expenditures to remedy the situation the council of these recommendations i elimination of deliberate delibera te cur I 1 bailment tail ment of output as practiced by some labor organizations discontinuance of the practice 2 of big business of hampering the development of new small busi nesses development of natural re 3 sources and increase in the in du facilities of the nation |