| OCR Text |
Show NEWS REVIEWBig REVIEWBig REVIEW REVIEWBig Big 4 Harmony Remote ; Grain Gratin Men Ask Hearing Hearhxg - - - - - - - - BIG FOUR ' Pessimism Pesslmlsm PessimismWith With the imminence Immmcnce of the most mostVital mostvital mostvital Vital International occurrence of re recent recent recent cent months-the months the months - the Big Four foreign foreignmffilsters foreignministers foreignministers mffilsters ministers meeting in London on No No- November November November - - vember 25 23 - the mood surround ng ngthe ngthe ngthe the coming commg conference was predom predommantly predommantly predommantly mantly one of pessimism That there was much Justification Justificationfor ] ) ustificatlon ustificatlonfor ustiflcationfor for such pessimism no one doubted doubtedWhen doubtedWhen doubtedWhen When the chief representatives of ofthe ofthe ofthe the U S Great Britain Brltam France and andRussia andRussia andRussia Russia come together they will willtackle willtackle willtackle tackle the tough deadlocked prob problems problems problems lems of writ wnt ng peace treaties for forGermany forGermany torGermany Germany and AustriaDeputy AustriaDeputy Austria AustriaDeputy Deputy foreign ministers mffilsters in Lon London London London don to dispense with prel1IDlnarles preliminaries prel1IDlnarlesbefore preliminariesbefore preliminariesbefore before Marshall Molotov Bevm Bevin ana anaBldault anaBidault anaBidault Bldault Bidault put their heads together togethersaId togethersaid togethersaid saId the powers were as badly splJt split splJtas splitas splitas as ever on major IssuesIf issuesIf issues issuesIf If the conference fails falls as it IS ISvery isvery isvery very likely llkely to do the U S 5 will W111 have haveto haveto haveto to face the question of whether or ornot ornot ornot not it wants to conclude a separate separatepeace separatepeace separatepeace peace with that portion of Germany Germanyoutside Germanyoutside Germanyoutside outside the Russian occupied zone zoneSuch zoneSuch zoneSuch Such a treaty not involving mvolvmg the So Soviets Soviets Soviets viets probably would precipitate a afinal afinal afinal final spl t between this nation and andRussia andRussia andRussia andRussiaNevertheless Russia RussiaNevertheless Nevertheless sentiment has been beenrlsmg beenrising beenrising rlsmg rising in the U S 5 favoring such an anaction anaction anaction action if l ! the Soviets refuse to co cooperate cooperate cooperate operate m in straightening straightenmg out the theproblems theproblems theproblems problems of Germany James F FByrnes FByrnes FByrnes Byrnes former secretary of Mate Mateadvocated < tate tateadvocated tateadvocated advocated that course as have haveother haveother haveother other responsible officialsThe officialsThe officials officialsThe The corollary to that proposItion propositionis is that the U S 5 then must follow followthrough followthrough ' through by keepmg keeplIlg keeping Itself ltsel ! strong strongmilltanly strongmilitarily strongmilitarily milltanly militarily and economically prov pray provIng praying proving Ing to the rest of the world that it ithas ithas ithas has embarked on a definite deflmte pohcy policy pohcycourse policycourse policycourse course and that that course is the theright theright theright right oneINVITATION one oneINVITATION INVITATIONGrain INVITATION Grain Gram BattleThree Battle BattleThree Three of the nation nabon s major graIn graInexchanges grainexchanges grainexchanges exchanges smarting smarbng under Pres Presi President President I Ident dent Truman s accusation that theIrspeculation theirspeculation their theirspeculation speculation is responsible for pre prevall prevail prevail vall vail ng high prices of cereals have havecarned havecarried havecarried carned carried the attack into the enemy enemycamp enemycamp enemycamp camp by requesting a special con congresslona congressional congressional gresslona gressional ] investigation mvestlgatlOn by the jomt joint jomtcommittee jointcommittee jointcommittee committee on the economic econOIDlC reportThe reportThe report reportThe The request was made by the Chi Chicago Chicago Chicago cago board of trade Kansas City Cityboard Cityboard Cityboard board of trade and the Minneapolis Minneapolisgrain Minneapolisgrain Minneapolisgrain grain exchange in m a letter to Sell Sen SenRobert SenRobert , Robert Taft ( ( Rep 0) 0 0 O ) and Rep RepJesse RepJesse RepJesse Jesse P Wolcott ( Rep Mien Mlch Mich ) co- co cochairmen cochairmen co-chairmen co chairmen - - chairmen of the committee Taft re responded responded responded sponded immediately with a prom promIse promise promise Ise of further hearmgsCountering hearingsCountering hearings hearmgs hearingsCountering Countering Mr Truman s repeat repeated repeated repeated ed charges that gambling gamblmg and specu speculatlOn speculation speculation latlOn lation by b grain exchanges exchan.es exchanes . have haveboosted haveboosted haveboosted boosted food prices pnces h gher the ex exchange exchange exchange change officials contended that the thereal thereal thereal real cause of the rise in m gram grain prices pricesis IS the administration admmlstratJon s extraord extraordl extraordlnary extraordinary ! nary and ever increasing mcreasmg purchases purchasesof of gra n and flour tor for export Ad AdministratIOn Administration Administration ministratIOn bungling bungl1ng and lack of ofplannmg ofplanning ofplanning plannmg planning also were cited by the thegram thegrain thegrain gram grain officialsWherever officialsWherever officials officialsWherever Wherever the truth may lie-and lie and lieandIt lie - andit It probably is somewhere m d vay vaybetween vaybetween vaybetween between the government and grain grainexchange grainexchange grainexchange exchange viewpoints vlewpomts - it should be berecogruzed berecognized berecognized recogruzed recognized that a force akin akm to a v minor economic law Is operat ng in inthis inthis inthis this particular controversyNormal controversyNormal controversy controversyNormal Normal government reachon reaction reachonwhenever reactionwhenever reactionwhenever whenever gram prices shoot above abovev.hat abovewhat abovewhat v.hat vhat what . is considered a safe level is to tolay tolay tolay lay the blame on the grain ex ee exchanges eechanges exchanges changes charg ng them with ma mampulating manipulating manipulating mpulating nipulating prices through specula speculabon speculation speculation bon tion That has occurred often oftenenough oftenenough oftenenough enough in U S history to bear out outthe outthe outthe the theory Gram Grain dealers of course coursemvarlabiy courseinvariably courseinvariably mvarlabiy invariably blame the situation on onover onover onover over exportmgFrom exportingFrom exporting exportmg exportingFrom From that standpoint at least an anmvestIgation aninvestigation aninvestigation mvestIgation investigation at this time shoud should shoudshed shouldshed shouldshed ] shed some new light lJght on the long longstandmg longstanding longstanding standmg standing controversy It might even evenprovide evenprovide evenprovide provide some rea real ] information mformatJon on onwhy onwhy onwhy why prices are so high |
