Show WEEKLY WEEKLY NEWS ANALYSIS Fear F i ted Red R d Penetration in China Iron Out Wage Inequalities Act on Box Car Need in West RId by bJ Union Delon arr a I a h slab U it Ir z ue aI l fr al P II I Banian iI a Ii military leaders en grow grew p tap kp IRk Into army ann Ice Ufe under Rader the Soviet training r system Picture lI tare hews hows lilt new troop group of youngster admitted t I Burow Baro youth at al right was wa said 14 t to e tare have fought fu In Dents Berlin and Manchuria M eln obi CHINA CHU A U SOul SOut rt turned anxiously to 10 the Orient following the u V L B de to abandon Its peace making 1 In China and anel withdraw most mOlt of 01 the marines marin on duty there Concern Con em was wai WI expressed lest left U V 8 B S withdrawal would invite Russian 1 In In- In in Chin C ulna lna on behalf of 01 the Chinese chines Communist While Sec of f State Marshall bad had dill dill- diligently gently sought to bring the National National- 1st tI and Reds Redi Red together during hit his special Sal peace puce mission the U 8 So fL had bad proceeded on th oni the assumption that the a cOl constituted the th legal leal government la In the th na Na- Na the J 11 SahI S luul advanced an aD estimated 1 l to 10 3 I billion dollar dollars of lend tel and 4 a provided tech I tech nIc for r training f th military th v forces force tore Since Ince Hine the the Uie U V s 's S pulled out of China without wl without ou making Baking rn any strategic ar are ar- the Russians maintain A distinct in m view of their interest hall baU rl the In tithe the Manchurian rail raU road ro and their joint control of ol Port Arthur and Russia's RuIla stra tr aura talk position thua thui leaves l vee Moscow in a a key ke position It if it Jt wishes to sup up ply Chinese Chinese Communists entrenched In tb north or or actually Intervene i cW 4 hL pr prett ot of stabilizing tab condl- condl cond Ift I In the th thI I Ke w R III 1 I i IIi l f t q r gip I AM Announcement by b by the department I department that t lt c e b hid ll rl Job and robed ironed out f rite rate Inequities ln tn the Big JU Five packing plant pointed UP tip time the th growing aroma acceptance of the principle of equal pry pay for fob equal work in U a S S Industry Consisting of of representatives of the public government Industry and labor the commission cleaned up difference dl erenee between Swift Wilson Wilton Cudahy Armour Arinow and end Worrell Morrell and the tha and independent un un- unIon Ion ions over rUe rite inequalities The com com- companies and Ind unions union bad had agreed on condition for tor t jobs In hive tive bargaining procedure and the commission acted on the the remaining Job The n umber number of labor grades car car- carrying Varying pay pa rates rata was cut front frO b ito n to 23 25 under the negotiations and wage wa boosts bootI averaging 18 cents cent an am hour were awarded to approximately workers to Iron out Inequalities In Iri general enera packing packinghouse house employees doing doln the work in ID Inthe the the same tame iame geographical area now DOW draw equal pay Previously the f United ClO Steel SteelWorker SteelWorkers Workers Worker and U S Steel corporation bad ironed li ned out wage inequalities for employees Retroactive to January 4 1 1944 the cost cot of 01 readjust- readjust readjustment ment w was s estimated at 30 80 million dollars with wit many workers reedy reedy- lag ing in the equivalent of 01 a 1 cent an hour wage WI increase FREIGHT Want More Cars for Por the th fifth time Ume in three years Senator Reed Read Rep Rep Kea Kis acted to alleviate the shortage of 01 box boJI cars can canIn carsin in the West Wet caused by bJ the reten reten- does tion of rolling stock In the East by seaboard railroads railroad A As elevators elevator and miners miner clamored for cars can to move grain tacked stacked Inthe In ID the West Reed Beed threatened to draw permanent up legislation to relieve what has bat developed into a perennial problem in ID recent years On pre pre- previous occasions the railroads shift shift- shifted ed td shifted cars car west wed upon Reeds Reed's demands demand The shortage of rolling stock tock re reo re- re suiting from Inadequate additions during durin the war years Jean has baa figured inthe In the scramble cramble for cars can between East i and West Wt Once cars ears toll roll in from fromi i the West Wet with agricultural products eastern railroads railroad have bave sought to hold bold onto themI them as long ton ss II possible for tor shipment of 01 industrial goods to seaboard board point Because the rail rail- railroad roads road loath to 10 tend send the 11 cars care car back empty empty valuable time tIm is lost by shunting them westward with wit short loads load ARGENTINA Peron Scores Long Lon the target of 01 American lib train rall President Juan Peron of Ar Ar- Ar Argentina gentina shook torn om some of the th ground from front under them by em em- a firm dom dome dominated tested by bJ former y yr r New Ne Dealers Dealer to help plot the indus Indu x b trial triad and i a tural tu fa 1 development y of 01 the country A As directors director of 01 the Worldwide De- De Development De De- Development corpora corpora- corporation corporation tion of 01 New York Nathan engaged ened by Peron Economists Robert Nathan and Ind Laughlin Ll hUn Currie Currle are the two cent nent tJI New Dealers involved In the enterprise Along Alon with engineers engineer agronomist fO agronomists and Ind geologists they will outer programs program of rural rural F Electrification on boils hous bOut bOut- ing tn and harbor im tm- tm provement road construction tru ton and hydro hydroelectric electric I It c t ic plants plant In Ln undertaking the development Rear Rea Adm HowardA Howard C Currie urr I A A Flanigan retired who Is II president and board chairman of Worldwide was quoted as es saying that the firm Arm war w Interest ed in the tho deal because expansion of the Argentine economy would pro pro- provide vide lucrative trade possibilities I for the U S B S Like other Latin Amer ican nations Argentine ha has baa millions million of dollars available for purchases of foreign goods The wily wU Peron also allo has taken other steps tep to woo the U S Taking cognizance of 01 state tate department In In- In Insistence that he rid Argentina of axis firms Sr-ms and agents he promulgated ed a decree for expropriation of las fas fa cist elst enterprises CONGRESS Retain Luxury Levies Levie Bent on trimming Income taxes the th Republican congress moved to preserve other sources of revenue to carry the huge hue 48 1947 I T 48 budget budet and reduce debt by bJ extending wartime rates rate on luxury Items As AI a result result taxes tax On liquor were scheduled to remain at 9 a proof gallon raDon 20 per cent on furs fun luggage Jewelry and Ind toilet preparations preparation 1 I cent for each 5 II cent centa charged on theater admissions 8 a barrel on beer 29 25 per cent on long lone distance telephone calls calli and 15 per cent on local service eMet IS 18 per cent on trans and 20 per cent on light bulb bulbs and tubes tube Meanwhile Republican ranks were split on the proposal of Chairmen Chairman Knutson Rep Minn of the house boue way ways and mean means committee committe to reduce re re- re reduce duce Income taxes 20 per cent on earnings up to Increasing favor was wu shown hown for the ulle suggestion tion of 01 Representative Engel Enel Rep Mich that exemptions exemption be bi Increased to cut the taxes tau of low Income groups croup rather than then offering broad re re- re relief lief which might chiefly benefit the upper brackets there are nearly 86 million people dependent on ual or family Income of 2500 or orIe orless less Ie a I year rear Engel Enel said that Knut Knut son on eons eon's bill bUl would result in la a tax tax cut of only 73 72 cents a week for or a man taming earning that much or lets less Ie On the theother theother Other band hand a person drawing a year would gale gain a week If H U the Knutson bill is II passed En En- Engel Engel gel el said ald U will place into the hands handl of 01 the Democratic party the roost mot ef af campaign argument any par ty b can have ha an argument which will appeal to 80 88 million people In the theLow low tow Income group roup BUSINESS Big as as Ever Nineteen forty six was IS bonnet banner year tot for American farm fann machinery manufacturers manufacturer and all aU reported prospects for 1947 1 1 are even eveD better International Harvester en eu- eu enjoyed joed joyed total Iota sales alea of or In Iu It Its Ita fiscal year ear ending October i ISI 11 SI 1946 and Dd showed profit poodle of Sale Sales of f track part parts and aDd service accounted for fat forSI SS SI per cent of volume lum while production of farm Implements implement and part park made up ns per cent celli of ef the he total Deere Deer Co sales Jumped to flU In 1946 1948 with profits of 01 9 With a cessation in war work production of farm monk ments Increased about 23 per cent cent It was said IBid Oliver corporation a 0 r p 0 r a U a D sale amounted to la In IMI with net earnings of Unit sales alt of farm larm Item Items reached an aD all time peak despite material shortages and labor difficulties In anticipation of f continued good business Oliver plans plan Improvements In prod don tion and distribution facilities U s excess of PALESTINE P Trouble Brews Brew Having Havin heretofore let the British handle the troublesome situation In Palestine occasioned by b Jewish de do 4 mands mand for a I national haven baven In the ore e Holy Land the Arabs Arb prepared to to play a I more active role In opposition to London's London decision to create a Zionist state tate in to the embattled coin coun try tt As A the th majority in Palestine Pale tine the Arabs Arb have fought Increased Jewish immigration or partition for econom ic le ss II well weD as II political reasons reason Be B Be- Be Because cause cule the Arabs charge that the th country 1 1 is Ia not productive enough to stand tand a large seal Increase in lation the th U S S and Britain sought ought to answer this objection In m earlier discussions with promises of a sub cub loan to develop the nation nations nation's industrial and agricultural re re- re re- re resources sources While the Jews Jew forced the British into a e consideration of a Zionist state tate by keeping the Holy Land LaM In ID turmoil with a terrorist campaign the Arabs Arab also could turn on the beat heat In addition they the command the full ruu I i support luppert of the Near Eastern Arab league leacue embracing 33 million Arabs Arab whose whale dominance extends extend to oil oU rich countries in which the in U S and Brit ain ale have heavy hea Interests interest GERMANY friendly Warning Head of the th Social Democratic party in Germany ermant lean leant lean bard hard Kurt t d y the be Allied Allied ii gC letl t ta waw drew di-aw up uti upa a treaty lothe tp i th only a afelt t felt fait agreement accepted by b bya freely elected regime would assure poU teal leal stability liability Boldest of the th postwar German political leaders to speak out out macher declared that no democratic government could risk signing linIn a se- se sever e- e evere vere ver peace for fear of repudiation by the people Since he be it Is the only German political politic at leader who has hi been openly courted by bJ the western allies ames his hi declaration that he him hem self alt would not sign Im a harsh hush treaty took on special significance The specter of 01 and Ver Ver- Versa sa sallies tiles hung bun in the background as a Schumacher warned that tha The major maGr nations which played politics pI with II Hitler Borer for their own ends enda en moat mu share hare the guilt of 01 many maD Germans Germau for lor the rise rice of Annexation of 0 the wa was the UI wont form of reparations reparation It n would be senseless for lor Ger Ger- German many man to 10 accept a provisional eastern boundary determined beforehand by two major pow pow- power er BRITAIN Exports Lag Thanks Thank to the U S loan Britain managed to balance exports with imports Import last lut year ear but a consider consider- considerable able abl Increase In overseas trade must be achieved In future months U ti tithe the British are to stay heavily out of foreign debt and maintain their living standards Because of Its own limited re re- sources source Britain mutt must Import ma mar materials for home consumption and fabrication for resale oversets overseas ovene With Britain owing many countries for forwar forwar war goods government sources esti call mated that exports would have bave to tobe tobe be boosted by 75 79 per cent to help pay off ot these debts debt and still receive imports for domestic use ute While exports rose roe 17 per cent In July they dropped off to only l 3 I per cent above the t e prewar level Inel In ID I December The slump was wan attributed attrib to a scarcity of essential ma and manpower Meanwhile the British are seek leek lag ing in to balance balanc their exports with Im tm ports pork from countries with soft currency not easily convertible ID in world markets markell VETS Resume Insurance Veterans Veteran of World War II 11 are re put put- ting tin back In force lorce an n Increasing vol ume of the wartime national lerv service ice life Insurance which they per milted to lapse Up to January 1 of this year more than thin billion dollars of the ice bythe insurance had been dropped bj by b the veterans veteran but In the past part pa It few months they have put back Into force fore more than of there policies and the rat ra rat of reinstate ment meet Is h 1 reported to be increasing |