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Show .4 $37,000,000 Chinesccrap i Deal To Net Him 5 Million -Y DICK SMITH. - ' United Press Staff Correspondent I THOENIX. "Arl&v'Jaiw 17 (U.. s. A $37,000,000 Chinese scrap metal i deal, said to be the largest In the r history o the American steel ln- dustry, was revealed here today. V'W.' X Davis, the man who engineered en-gineered the deal, and his bank ers said . he stood to make more & than $5,000,000. -; i , ;-. Four years ago Davis, then an J; Albuquerque, NvM contractor s was, sick, broke and "owed the est of my life to the Valley Na- tlonal bank- of Phoenix and my .bonding company." r. Tod ay he is directing from his Phoenix hotel suite the delivery n l.OnO.nnn ton n imn tmm ' m . . i .1 I a . ir-uung pacmc isianas ana uit Chinese mainland to Bethlehem ISteel, Baltimore, Md. I Da visV representatives signed $28,000,000 contract for the scrap ) with, the Central bank of China (in. Shanghai Nov. 5. Seven days later he sold it for about $37,000- rtWfl to setnienem steel. Vg when Davis recovered from jaiac water lever in is be found that a big Albuquerque t contract .'had left him bankrupt. , lie attributed his comeback to - faith of Glenn Taylor, Valley Na tional bank , vice president, and pother - Officials. Taylor and the tabank are the only ones who will r share his profit. ,..My bankers gambled on me," , he said, "and I put over several deals and then went to Honolulu on a. housing job." . ' lii uawaii, Davis became -inter-s posted 4n other people's ralvage operations. He flew to the Phil ip-' ip-' pines,' then to China. - rJThere were hundreds after the stuff, he said. "M&t of them were using KumshSw methods, trying to grease somebody's palm. I -1 decided to see if straight Amer-lfbah Amer-lfbah business methods wouldn't 1' work in China." Davis went back to Honolulu and organized General Commodities Commodi-ties corporation. Three Hawaiian-Chinese Hawaiian-Chinese were on his board, one as president of the company. Two were members of the Hawaiian legislature. Sen. William Heen - and Sen. T. Akana. a woman. The third was Ernest Kai. is'They were favorably known in China," Davis said. "That gave &e entree. I went to Shanghai ind made three deals with letters f credit from the Valley Na-T tlonal "bank that established confidence con-fidence in me. . y Then I decided to shoot the works and make a blanket contract con-tract for everything the -Chinese army owned in scrap on Saipan, Tlnlan, Guam, Okinawa, Manus and f elsewhere. ; Davis was in Phoenix when the deal was closed. He was in a barber bar-ber chair when he got a hunch to 'i rtrjr to , resell to Bethlehem. j I called them "on the " phone cold," he said. -When I told them I wanted to talk about scrap they put A. R. Thuc on. He said he'd never heard of me and where would I get a . million tops of scrap. -I told him. He said he'd call back "in 30 minutes, and he did, after talking to my bankers. The deal was' closed in Chicago four days later. Davis must deliver the scrap in 18 months. .He said that was the longest term ever written into such a contract 1 used to say I'd have a million mil-lion by the time I was SO," he said. "Four years ago it looked as If I'd owe a million when I was. 50. "I'll be 50 in May, I'll have my million plus and I'm coins to I retire." Summer Vhite Hou se Shows Winter ,W hiteness i , j - , t , i - . , i f , . -i . " , f - , - . . " r.. !vua Hungary Bans Six U. S. Movie Actors BUDAPEST. Hungary, Jan. 17 U.PJ Six top American movie actors ac-tors were twnned in Hungary today to-day because of their testimony be- m . . . . A - f SJUaaSif SilUICIi W A a for the recent congressional in- Mohandas K. Gandhi told his followers today that he is on his President Truman's summer White House. In Independence, Mo., looks anything but summery after a heavy snowstorm covered It with signs of winter. Even the- usually present secret service men are not In evidence, as the snow blanketed the building. Russia in Line, To Get 7 Ships In Italian Fleet STOIDAYHEItAlD Strndmy, Jimimry 18, IMS Gandhi On Deathbed, Begs For Hindu, Moslem Reconciliation 9 NEW DELHI, India, Jan. 17 (UJRj year-old Hindu spiritual leader vestigation of Hollywood Com munjstf. No movies starring Robert Taylor, Gary Cooper, Adolp Menjou, Allen Jones, George Murphy or Robert Montgomery may tx shown in Hungarian theaters thea-ters after Jan. 22. Communist Minister of the Interior In-terior Laso Rajk. who announced the government action, said police po-lice were authorized to confiscate any films displayed after that date. The first co-operative dairy America was established Orange county. New York, 1856. deathbed, and in a feeble, falter-jatone for its sins ing voice begged for a reunion of the independent dominions of Hindu India and Moslem Pakistan. Weakening rapidly in the fifth day of his fast "unto glorious death- to bring peace In the turbulent tur-bulent subcontinent, he was barely bare-ly able to speak over, a microphone micro-phone for a few moments at his evening prayer meeting. In it, he pleaded that Pakistan give up her new status and Join India in a single state. "If the people of Pakistan or responsible authorities do not run the state properly, they may lose Pakistan," the wizened, 78- ,1 JSSgO, -aw- v ivV if rsva His sirs said. "I have no hesitation in say ing that Pakistan will have to Feebly gasping for breath, he continued: "I do not want to bring pressure pres-sure upon. Pakistan for a union with India. Willingly and of its own accord Pakistan should re join, India. "Now that I am on my death bed. I do not want to hurt any one. But if the people of Pakistan feel hurt at what I say even though it be the truth I will fail in my duty if I don't say what I feel. "If I say anything untrue I may be told and I am prepared to withdraw. My fast is not political. This is prompted by faith. This is done to quench the flame that is consuming my soul within. Gandhi said he was comfortable and that he must reject all over tures to him to give up his fast. But tonight the British-educated champion of passive resistance developed nausea after 108 hours of fasting and was very restless He asked his attendants to recite for him from Hindu scriptures the classic Ramayana, national epic poem of Hindus, and the Bhagav ad-Gita. Gandhi's doctors have advised him to end his fast quickly. BINGHAM, Utah, Jan. 17 (U.R) Mine accidents at Bingham and Lark Friday brought serious in juries to two miners. Dushan Narovich. 23. of Mid-' vale, faced possible loss of both legs after a mishap in which a string of empty dump cars crushed and fractured them. Kennecott Copper Corp. officials said Naro vich apparently slipped and rolled under the slowly moving train as he Jumped from it. At Lark, Donald R. Larsen. 30. of Sandy, was crushed beneath a slab of lead ore while effecting repairs in a crumbled section deep in the Combined Metals Reduc tion company mine. Both were reported in serious condition in Salt Lake hospitals. J 1 in i Add convenience, luxury and gradous living liv-ing to your home with these smalt electrical appliances. Quality Hem every one, they have "built in" value and satisfaction, at prices that are small compared to the big services they will render you. 1. ELECTRIC $ CUP I Percolator. .449 i.'U'jj.-i-r.m MINUTE 'SAVOR PRESSURE COOKER WITH THE UFE-T-SEAL C0VEI 3 SEALS fO SAFETY 3' -- J IT i -- 2-CtA FLASHU3HT ifmm atari PSSJRftBSBB KARACHI. Pakistan, Jan. 17 (U.R) Pakistan's capital showed I little interest today in Mohandas . K. Gandhi s fast to bring peace I' between the two dominions and ... .... j no -responsiDie ministers maae any statements on it. The government newspaper Dawn and two Hindu-owned nevspapers carried reports of Gandhi's condition and reaction from other cities but no other comment. I 1.45 2 Quart, Reg. 11.95 NOW 9.50 r i THE GREATEST PERFORMING TABLE RADIO OF All Tlf.lEl vith PHILC0 -'v. Advanced 1 ,: i Doth for 0nly I l I I I I I I I Pay $2.90 Down The Phileo MmI1 482 rinc yn every broadca.tlnc service. Including Includ-ing FM with the revolutionary Phllc Advanced FM System. Treroend-ui Treroend-ui ranee . . . gloriously rich tone . . . electric posh button tuning. And: the SZZ.St matching walnut radle table is Included without :hnrae.;'fs.., .- , , . X 10e u. V I I I I I mi HEATING PAD A tee eeality etestrie kaatiaf fC $ld( 9 lMM IMS Security Council Intervenes in Dispute in India Wee's OVtffcftftt ... tad m 6.95 DOOR ck!l:es fra LIGHT FIXTURE Similar 4.95 Bathroom LIGHT FIXTURE 4.80 Heat Ccatrcl IRON K. M. 8.25 UNIVERSAL A WESTTNGHOU5E . 10.95 I mum Ea n AS' mm ! Stoves Prints it 0tri:d Supplies it $pcrti3 Qzzii LAKE SUCCESS. N. Y.. Jan. 17 (U.R)The United Nations se curity council intervened in the India-Pakistan dispute today and India's spokesman appealed for Moslem-Hindu peace in time to save the life of Mohandas K. Gan dhi. The council took two quick steps aimed at easing or halting the bloodshed and strife which have sent Gandhi into his "death bed" fast. 1. It sent to India and Pakis- II tan urgent appeals for new steps T ' e a a 1 inciuaing appeals io we popuwee, designed to keen both sides from aggravating the trouble plaguing the newly independent states. 1 It nnnenld informally to I the delegates of both to confer ov-I ov-I er the week-end on a possible Iinrivate settlement of the dispute 'iover Kashmir current focal point I of the India-Pakistan dispute. Indian Delegate N. Gopal-aswaml Gopal-aswaml Ayyangar and Pakistan Pakis-tan Foreign Minister Zafrul-lah Zafrul-lah Khan promptly agreed to the plan. Indicating they would confer throughout Sunday Sun-day and Monday In search of .a solution. . Khan indicated beforehand, however, that Pakistan, may de mand a UN police force for Kasn-mir Kasn-mir to halt the fighting between Indian army forces and Moslem raiders from Pakistan and the Punjab. The Pakiston spokesman re vealed that a proposal for such an international force already has been- submitted by Pakistan to Indian authorities and had been turned down. , He told reporters following a five-hour appeal tb the council that Pakistan still adhered ad-hered to the plan if attempts at more peaceable solution . fail. ' Some delegates were skeptical when the council recessed until Tuesday, that the weekend Indi an-Pakistan conference would produce results. They pinned more hope on the strongly-worded ap peal to the capitals. Karachi and New Delhi calling for "immedi ate moves to calm the peoples of botn nations. But Ayyangar said the situation was becoming graver and the fast of Gandhi ."the biggest man on earth" had resulted in "a wave of feeling in India." He agreed, to the week-end conferences, with Khan because, "this waye of feelnig must compel com-pel us to do the utmost In bring ing about Hindu-Moslem, unity." Two Miners Hurt In Two Accidents WASHINGTON.1' Jan. 17 (UJD Russia is In line to get seven com bat, vessels, including a 23 .000 ton battleship, and 30 miscellaneous miscellane-ous ships of the - former Italian fleet when and If she returns British and American - warships Ithat were . loaned to her,- It was disclosed today. This was a hitherto secret phase of a big four agreement reached at the Paris peace conference In t ebruary, 1947. The pact detailed the division ot . the Italian fleet among the wartime allies. Britain and the United States have renounced claims to their shares of the fleet, but Russia has not. The ships originally asisgned to this country and Britain are be ing scrapped by Italy. . The treaty allowed Italy to re tain a navy of about 115.000 tons The remaining 152.000 tons were to be divided among the allies,1 sunk or scrapped. The text of the four-power agreement signed Feb. 10 In Paris was made public by the state de partment last April 21. But an annex, which is still "top secret," has never been re leased officially. It lists the di vision of the Italian fleet. It was learned authoritatively that under that part of the agreement agree-ment Russia will not receive the former Italian vessels until one battleship, seven destroyers and three submarines loaned her by Britain and the U. S. cruiser Mil waukee are returned to British and American ports by the Rus sians. The annex also reveals that France, Yugoslavia, and Greece are to receive certain Italian naval units, in addition to those allotted to Russia. Gadget To Take. Hazard Out Of Forced Landings SAN FRANCISCO.-Jan. 17 XM) The U. S. navy has adopted a gadget to take the hazard out of forced landings, at sea.. The gadget, known as a "hydro- flap,' it planing surface swung beneath the fuselage as- a water ski when a pilot is forced to set his plane down In the ocean. The hydro-flap keeps the nose of the plane skimming along the surface until most forward: speed is lost. After. the plane's gradual deceleration, personnel use escape hatches and launch survival gear in the few minutes before the plane sinks. The navy said most casualties during forced landings at sea result re-sult from structural failure and "submarining" which results when the plane's nose digs into the water. Truce Signing Ends Java War BATA VIA. Java, Jan. 17 U.R) Representatives of the Dutch and Republican governments signed a truce agreeemnt ending the year- old Java war at 2:50 p. m. today aboard the American transport Renville. The truce will become efective at 9 p. m. (6:30 a. m. MST) today. Truman Orders Saving on Fuel WASHINGTON. Jan. 17 U.R President Truman today ordered all government departments and agencies to cut down "imme diately" on the use of fuel oil. gasoline and natural gas. In the face of a fuel oil and gasoline shortage, the president said office buildings and other establishments shall not be heat ed above 68 degrees during working hours and not above 60 degrees during non-working hours. This applies also to the White House. Residences and residential quarters shall not be heated above 68 degrees during working hours or 60 degrees at other times, he said. Mr. Truman said the order applies ap-plies to all 'government owned office buildings and other establishments estab-lishments including residences and residential quarters, "except where full and rigid observance would impair or endanger health or safety." Southern States Governors iMeet NASHVTTJ.E, Tenn Jan, 17 OJJs--The governors of five south ern 'states meet here. Sunday rto plan a. possible middle course between mandates; of th U. E.- supreme court and. southern tra dition on the ' question of equal educational opportunities for negroes. The plan is to establish regional schools, supported' jointly by all southern states which bar the doors of their white universities to negroes. They would offer negroes degrees in medicine, law. Journalism and other professions. The five governors are. mem bers of a special committee, on regional education of the southern governor's conference. This group was formed last October After Gov. Jim McCord of Tennessee warned that southern-states had three alternatives under recent supreme court decisionsadmit negro students to their white schools, close their white schools or set up regional schools for negroes. Last week the supreme court ruled that a negro seeking a law school education In Oklahoma "is entitled, to secure legal education' afforded by a state institution." McCord described the regional university plan as the only workable work-able system for the south. 1ASK FORCE SAILS ON 10-WEEK CRUISE PEARL HARBOR. Jan. 17 0J.R) Navy task' force 88. consisting of the carrier Valley Forge, four Quit Fight For Alloy Section SALT LAKE CITY, Jan. 17 UJ0 At the behest of Utah congressional congres-sional delegation, officials of the Utah department of publicity and; industrial development today announced an-nounced they are dropping their fight to keep the alloy section of the U. S. bureau of mine in Salt' Lake City. The congressmen advised the commissioners that the long tern outlook is favorable with the new project outlined for the Salt Lake bureau expected to more than offset the immediate loss of the alloy section. destroyers and a fleet oiler, sailed yesterday on a 10-week cruise ef the western Pacific with stop scheduled at Sydney, Hong Kong, Tslngtao. Yokosuka and Guam. 1M Tffi Ml A M 9H Find Out Tuesday Might When Wendell Noble Announces the Winners Qfc 7 F 2d fig Wir-Pre Wir-Pre tagM! Listen to Wendell lloblo and tlevsccpo, lonszi$2Q Over Your Local Mutual Broadcasting Station! 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