Show r 4 WA I fr I r l l I i 4 to x rN ii r i f fr labor bill but passes passeS congress C will willbe be written upon the floor of the house or senate and not within either of the two committees which have h ve been conducting hearings for tor more than six Week weeks i and arid still are ire unable to reach agreement J It Is also obvious despite de the the me telephone i 1 strike and John L Ii Lewis spurious t coal strike which actually violates the court injunction and the sup sup- supreme reme court edict upholding the the lower court that no tough labor bill will get by a presidential presidential veto and the GOP lead lead- leadership does not believe it has the strength to pass a labor a-labor labor bill over the presidential veto Soa So a labor bill which is to be writ- writ written written ten from tie by amend amend- amendment amendment ment to any bill which comes come out of the e committees s likely 11 outlaw outlaw nal nals strikes s s boycotts force unions to publish member ships and financial standings and give employers equal voice with labor There will be no noI nob ban b tn on the closed shop or in in I wide bargaining ceiling is still stalemated and it looks now like a tax cut law lawwill lawwill will not get through the senate until sometime in late May or 01 June It likely lik ly will provide not no more than a 10 per cent tax re rev reo for this year maybe more for next year As a matt matt- matter m matter er of fact treasury revenue is running far above estimates for this first quarter and not only will the administration be able to balance the budget by the end of this U s fiscal year June 30 but likely there will be a three billion dollar surplus which no doubt doubt doub will be applied on the national nation l debt FAST ACTION by the senate is expected on the Presidents President's request for a billon dollar loan to Greece and Turkey That this amount is a drop In inthe the bucket as compared to loans and commitments already made and pending ending to foreign nations is evidence evidence in a study of budget bureau estimates From July 1 I 1945 to February 28 1947 American aid plus aid authorized ed or pending d before for forOI congress ital totals f billion ili dollars OI ex ex- ex exclusive elusive of payments to the In- In I v t y H W ii L Monetary Fund Fund Viand and r Various Various- short term I aA Ld iA summation of i all foreign fore t com com- from M 1 i 1840 Uto I through that war was foreign commitments s of this government gO 22 total almost 22 billon bUton dollars W tt A i r jW ta i v I In n the od odther r rii iury ii sUll i u bt carrying upon its books books boob a total of in toy tn principal and rin I interest to January 1 1947 In tn World War I debts rom m o er rie tied The record shows that that 12 dif ferent governmental agencies have ban given loans credits ad ad- ad advances vances ant and financial aid to 70 10 foreign governments and and- anden en en- en titles ti since July July- dollars a b have ve literally cove r II the I world The last the last years There There is 11 scarcely a country Hat j t Jias U not received so received sons some e sort of loans ar lo of credit arid many m colonial po sessions also yare are Jre included m About 80 60 per cent of the direct loans credits advances adv nc s and fin ancial aid however f has has gone Jone to countries CO and possessions of the British Commonwealth to Latin America to France France China and the Netherlands the pos poe possessions sessions These postwar foreign credits were were split as follows British Commonwealth France and possessions 1953 South American A E republics lies China i Netherlands Ne Netherlands erlands and pos pos- possessions sessions other na na- na nations According to the records this country Great Britain and already have put something like a billion dollars into Greece in the last six years British British- expenditures are estimated the equivalent of and imd about and another 40 from the USA In private vate vats relief In addition the ex e c port bank granted Greece a loan of 2 and nd the Maritime and Foreign Liquidation com com- commissions commissions missions have extended pro pro- property perty credits amounting amou to I each Exclusive of 01 lend-lease lend aid supplies during the war Turkey has received American credits aidI I of o more than of ot which is id a loan 1 t M Y hr J 1 I s f j IY iJ inI rt 10 Jd from frO Foreign f I ii n commis sidni nJ and bo bout U from fro m th Iha M came i J c I came OU but watt t l ti i 41 t Sl he l e U but with Y Into and protective and with IJ c du duj due j regard W t r e 9 |