Show lr Ji t 1 i i 4 ll J nit 1 ik I pt 1 WI P 11 I d It t t 1 Idt t Itt r I J I t i H Rat I IN J n I I 1 1 j 1 l WASHINGTON S iVi t A i By Sh od d rM eu f es J v Jk w w save 8 d ar p 1 i gr ee w 1 I If f Ii 1 fl BIg aunes 11 a i r i Small e iii Out Oat Enterprise f 4 W I 0 TN Tit ORB ONE oi d tb he most bluer and W I report ever ever to t be bf tiled filed with a house i de In ef of feet that the freely competitive Pd vat nt vote enterprise system t about which cb we WI heat bear so much i U Is put but a myth tames something Is s done Son to 10 I end monopolies and concentration oi oj economic Dower power w rn the th com co fatties there will wm b be eventual own own- and control by government web such as u la II g now taking place In Eng Ella land and France This man n congressional sub sub- subcommittee a slaw b committee of three and two Republicans heeded headed by Con Cop gressman Efa of of Tennessee Ten ea after weeks w eQ of testimony spreads for the the record In la W printed d pages pa the th unsuccessful t Jot th pail paI 50 tIO arItO stop monopoly and ec eco cOo Domic Bomar concentration eo It n declares Ither w we U ID tn and take the step to kc possible C a competitive enterprise tem we mutt must f p btu b 1 by bl ear year by year tar ar The pori report Just flied with tri thi t congress e charge charges 1 JB economy economy a as 1 now now- pass tired operates la ln a s vicious v that both bo Big and call caD for free tree competitive enter ent f prise pr but bui but Big Bil Business works work work teon- teon c toward monopoly and aDd CeD con co t of of controls and andI I stifles e competition ao so that enterprise en rp ii fe IIno feno no longer really reap free tree That government Points point the th tinges at a monopolies but neglects to en force laws lawa such tuch aa as the Sherman and Clayton act ac acts meet aimed Jit at at anti practices and restraint of of trade trad Hypocritical l Attitudes Attitude That congress flays da government agencies for failure to enforce these thea I laws tawa law and then refugee or neglects neglect to provide the money mOD and person eel nel necessary for t enforcement That business criticizes critiCize govern govern ment meat Interference cc and end regulation but pressure groups group In to labor agri culture and business force govern l ment Interference and sad probe tim when the same business mo mOD step on on OI their tool toll That Tha t the public pubU deplores deplore and fears feill inflation depression boom land and and I bust bust but Big BI Business Business monopoly and a survival of the Attest poll loll cy In our enterprise system brings bring brID about periodic depressions cycles of ot boom bOm and bust but and Inflation That the government spends bil bU lions of ot dollars of ot the th peoples money to battle depression with public works and abel unemployment compensation That people lose more billions in Is Ise high bleb prices prieta during periods of ot e tion lion and depleted savings living and depressed property values during depressions depression Thus Thu the vicious circle works worn with wits tb those se who cry crt loudest for tor a chance chane to go co back to a tree enterprise system without government bu bw Interference ranking as al the very ones on who shackle backle fre tree free competitive enterprise and even bring about more govern overn ment regulation r Unrealistic Argument Arguments The argument most frequently hears heard the report says lay I coming from tram Big Business Is II that if It we ar are left alone our superior efficiency cap can give the th public more goods and services at lower prices price The Th com com- committee finds however that this so- so so 0 called superior efficiency has haa no not nol been demonstrated and that those thos who maintain that bat Big BIC Business 11 U not interfered with by b government will always alway maintain a competitive enterprise economy are being Just justas as 81 unrealistic as 81 those thoe Small Bust Bust- Business ne ness proponents proponent who would Ignore lenor the fact set that In hi most most mOlt of the key ke Industries size Ilze up to a certain point is L necessary for tor efficient op opo The report declares that If U eco ceo power is II to be reduced then theD there 1 is Ia no avoiding government in with business and l some om om expenditure of government fund And it says to the extent that con con- of ot economic power IN IN- IN INCREASES CREASES THE SEVERITY OF RECURRING DEPRESSIONS the tbt funds fund spent on public work and II un un- employment payment are So to huge bugs bu ai as a to dwarf to Insignificance the funds fund which an effective e anti trust anU UlI program would warrant w We are re drifting toward t ward almost complete government regulation r the th report asserts with th the only alter native a concerted concerted effort and aid a gen gen gen- general en- en eral public recognition of III the th ifs need Deed to reduce economic concentration concentration and place a statutory prohibition on GO the size of business This condition your Home Homo Town T wo Reporter believes affects alec every small an business man maD and every farm tann- tanner farm farm- farmer er The only way war to obtain tree free fre cope com COlI- COlI enterprise is I to to bring mo mOo under the pitiless light ol ot the th trust anti and restraint of trade trad lawa laws I i f r li Vl IJ I J h jI 1 j i l g ae ceD no eha 1 e Ia Is i famous t Eisen 1 i hewer bOwer mlle Gen y s Dwight f 01 E r s 's abs bita J 1 hi his f ob J the aua aad r that the Ia s Hoosier far political p tIr ll t i iwI w nf q r I In Y ii bi Ha pI I J l i wh 11 I jh 1 JOSS MEB MAYOZ t Mr un Mrs Mr's arIe t Hoyt Bm It 80 wile wHo ei of newspaper min man and mother er of f district attorney was elevated vice mayor 01 te to tor tomajor r I maJor ef tr Calif ing surprise lle triple resignation of Filch Fitch aa as mayor ma manager and laced t fj 8 jI F P 1 i I SEEING EYE CAT Mrs Mra Cato Care lyn 1111 Swanson Los Lei Lo Angeles del shown aho with her white Persian Oat at which recently was waa w awarded warded a a humane medal for tor faithful devotion to te his hla blind mistress Baby leads lead his hla blind bUIld owner wherever she aile goes roes s- s OUTSTANDING PLAYER Charley sU star fallback ef of Georgia university who has baa been awarded the Robert Bobert W Max well Memorial trophy M the ont oat standing football player ef et 1948 s r w wg g y t ANNAPOLIS um HEAD DEAD Rein Bear Adm James Jamea L Jr has haa been bee appointed superintendent at ef t the be V TO V Tal academy An- An As Md II succeeding Vice Adm Mm Aubrey Aub W rUeh Fitch Admiral BoDa had bad aa as outstanding rec- rec reea rec- rec record erdl ord la Its Weald War War n U II seeing action actio A ta III both boUa theaters 1 t r a y wy w ti tit til v y t l id vid f W I f fit 1 v X e e ems's mss ms's f fv co aA 1 t J H JJ td I 1 f j r It j i HA CO PLEIN a IIi f and J 1 low 4 hwa Iowa wh who we were selected t aa as the ppl Happiest e In Ia t R fa In with tot till lb low Iowa Centennial T ire are ilia f t a II en their dipper where wb te the lit ep if It Iowa low made frienda with the hospitable ba table fuse tires tire's el Hawaii t 1 n contest wen won oD by py tW h aroused ID Iri II lye y section elf r el 1 j t w w s of entered Jam and j t i f r MW lRi i i r W J i Jj j o J Jv v t t t 9 a 7 z e F P II J Jr Z l l f f YOUNG Dom TALMADGE W AS iAn t named aa u Geer governor for fer the next nest tour few years yean by by tune tare Hermaa nn Herman Talmadge dIe tight rIP son era af at the toe late Talmadge t received too the oath eath ef of office us as Georgias Georgia's chief j from fro from Georgia A A W IT GOT tills ArnaH Arnall refused te to recognise Talmadge Talmadge a M u D new chief blet executive uA 4 1 accused Talmadge TaID ef being pretender CoI may be ti cI the t t fJ i i r lV j I j tr fM rI hl rl i Wit I f r 1 Ii BRITISH TROOPS DELIVER FOOD Soldiers rl In JD taUpe fatigue uniforms handle care carcasses of ot meat at London's tamed lamed Smithfield market after aft r the government sent seat troops PI to Ie take taki tI t ever ule deliveries of or meat kneat m to t to Insure essential supplies of food feed for fer the ne transport strike tied up all aU deliveries of or food Following the I employment of or troops matters matten became worse wane for a rash of ef sympathy th strikes t broke out ent aH aU ever over England Ragland r p 1 f A 11 PI Dl MAO IRAO FEELING a FINS FINE A 7 rioe toe Dl b Mk glo New is wn New New loo hr at t his hla east cast t set f the removal romna of t a A buns b found f In a heel was wa ala cleared up Ills Db doctor reports that bat toe lee should 14 be be able abl te to Milia play playas aa WeD M u he ever ever Dl Mag- Mag M tie ct Cl says a that he be thinks he lie can can lla break tile nera set daring the Jaa teat LII baseball season season and all win will be In better slier after |