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Show tttv't a it niQiv nrrnnn INCOMES : WEEKLY NEWS ANALYSIS Truman Signs North Atlantic Pact; Brannan Farm Plan Beaten in House; British Clamor for Secrets A-Bo- mb (EDITORS NOTE: When pinions ro expressed In these columns, they art those of Hooters Newspaper Unions news analysts and not necessarily of this newspaper.) t w sr ;j, 4 n yv ,v- - i if , Profits Decline Net corporation income, accord lng to the securities and exchange commission dropped to an estimated two billion, 400 million dol lars after taxes, in the first quarter of this year. THIS INCOME was approximately 16 per cent below the profits for the corresponding quarter of 1948 and 18 per cent below the preceding quarter. The drop in sales, the report said, more than offset lower costs and expenses. Experiencing the largest declines in net earning were the large corporations. Thesvs lower profits were said to have been reflected in lower rates of return on stockholders equities. The ratio The SEC reported: of profits after taxes to stockholders equity for corporations over 100 million dollars in assets dropped from an annual rate ol 18 per cent In the fourth quarter of 1948 to 14.4 per cent in the first quarter this year. SMALLEST-SIZ- A ' 'n ' 'f "A i. &SiXK .' ill ENVOY TO COSTA RICA SWORN IN . . . Joseph Flack (left) of Doylestown, Pa., places his left hand upon the Bible as he takes oath of office and is sworn In as new ambassador to Costa Rica from the United States. He succeeds Nathaniel P. Davis. The wife of the new envoy Is looking on as Stanley Woodward, chief of protocol officer at the state department in Washington, D. C., administers the oath. BRANNAN PLAN: The house approved a measure continuing the farm program in its present form. The bill was slated to go to the senate. The house vote was 383-2The retention of the 90 per cent of parity supports killed the Aiken law, passed by the Republican-controlle- d 80th congress and which was scheduled to go into effect Jan. corpor-ation- rt 1. The administration gained a parin eliminating the Aiken law but saw defeat in being denied a test run of the controversial Brannan agricultural plan. Under the Brannan plan, perishable crops would be allowed to sell at what the market would pay; then the government would pay the farmers the difference between the support level and the average price the farmers got. The Pace bill, which embodied provisions for a trial run on thiee farm products of the Brannan plan, lost out, A substitute for the Pace bill, the Gore measure, suspending the Aiken law and continuing the present farm program, won by a final vote 383-2One of the surprises of the session was the very few votes cast to keep the Aiken law alive. Corridors of the house office building where the meeting was held were filled with lobbyists for various farm organizations. Police had the area roped off. Democratic Leader McCormack (Mass.) argued that opponents of the Pace bill were obligated to offer some kind of alternative. Im concerned about the consumer, he said. When he reads about millions of bushels of potatoes being burned under the present farm program, he wants to know whats wrong. tial victory 222-15- WARNING: Pact Okayed Russia received a warning that any further aggression in Europe will be considered an attack upon the United States. The warning came in the form of an 3 ratification of the Atlantic pact by the senate. It was the first time in American history that a peacetime pledge had been made that the United States will take action (military action, if necessary) if certain other nations are attacked. UNDER the north Atlantic treaty this nation and 11 other nations pledge that an attack upon one will be considered an attack upon all. The pact also pledges that the 12 members of the treaty shall prepare for mutual defense before the need for military action actually arises. A small minority waged bitter opposition to the pact during the 13 days of senate debate upon it. Three Republicans, Wherry of Nebraska, Taft of Ohio and Watkins of Utah, tried to write a reservation into the treaty, specifying that ratification did not impose upon the United States the moral or legal obligation to supply arms to the other 11 signers. The heavy vote for ratification and the impressive vote against arms reservations were victories for the senate bipartisan foreign policy. Only two Democrats voted against ratification Johnson o f 82-1- ...WRONG By "DON'T SAY HELLO" (Dont say hello when answering the phone. Give your name or company name promptly and save time. From a telephone company appeal.) We read It again. Dont say hello when you answer the phone, it said clearly. It wastes It seemed revolutionary time. DARE not pray for you, dear friend, that The strange unwelcome guest may pass you by, I dare not even trust that each tomorrow May hold for you- a bright and cloudless sky. I cannot hope that pain, that hard taskmaster. May leave you quite untouched throughout the ... every 10 seconds. But now silence! Nobody wanted to talk to us. But we are not easily defeated. We called np a Dudley Zeek (at random out of the book) and hurriedly left word with his secretary to phone us. Presently our phone rang. We leaped to it and announced our name with no waste of time. we said. Elmer Twitchell, There was no answer. We jiggled the hook and insisted on getting the connection. Central finally asked, What differWho called you? we asked. ence does it make? We will take a call from anyshe body. Presently us. Elmer Twitchell, we repeated firmly. There Is no Elbert P. Twitchell here. You have the wrong number. No, I havent. Listen . . This is not Twitchell, the female voice insisted. we explained. Of course not, How could it be? Hello," the voice said. And you're not supposed to say we put in. Tiello, Hello. Who do you want? Hello. You must have the wrong, number. Hello. Stop slipping In all of those hellos! we yelled. Havent you years. heard about them? Or that you may escape loss and disaster; That grief may never dim your eyes with tears. isw,.,. For only sorrow brings an understanding Of others sorrow; only as we learn The slow and tortuous way, the harsh demanding That grieving make upon us, can we turn And speak the freeing word to some hurt brother, And well we know that blue skies bring no rain To heal the heart, and we can learn no other Way to sympathize save through experienced pain. I crave the best things for you, O my friend. And for what is best we can trust God to send. It was too much. We hung up and fell, wilted, into a chair. After a while the phone rang. The wife answered it. Theres a Dudley Zeek on the wire. He says you left word for him to call. Just say hello to him . . . we confour or five times, cluded bitterly. This is the season muggy When parents do their best To send their kids to summer - camps restt As parents need 0 Hi. Saw a sign in the country Cattle Crossing. 35 miles per hour. Thats too fast for any cow to move in modern traffic. Arthur McElroy. United States Deficit 98 Headline. cant be trying! Mil- lion a Day Aw, they o Russia has paid three million dollars out in bonuses to mothers of babies, Moscow announces. We await the claim that Russia originated the idea of motherhood, o With every restaurant in Reno we understand closed, hundreds of divorce applicants wiped from their suits the complaint that the wifes cooking constituted intoler- able cruelty. O o b Here a male voice put in. "Hello, it said. Are you trying to get me? No, youre trying to get me, we said. Who are you? Hello, the voice repeated. Elmer Twitchell. You are Dudley Zeek, arent you? trust that the illness of by Clark, great comedian, is We Bobtriv- ial and that, above all, the doctors will never make him give up cigars. o GOTHAM BUGLE & BANNER Cole Porter has indorsed a beer . . . Kiss Me, Keg All the Who? munitions stocks have been strong since Olsen & Johnson returned . . . Dudley Zeek. came the answer. This Ye ed watched the pair on video No, is the Economy Pastrami Factory, and got powder burns . . . HarAmos Finch speaking. vey is being played in Wales . . . Are you trying to get Elmer with a Welsh rabbit, of course . . . Twitchell?" We know a fellow who is going to No. My secretary has been try- reverse the routine and appeal his ing to get the city halL Whatre case from the supreme court to you doing on the line. Hello. There the lower tribunals . . . They seem ... law-make- g d Queen vtl d at Reds Covet Singapore, British Stronghold to direct Reds Denied Russia protested against Italian British power has been chal- switch from agitation membership in the north Atlantic action. alliance, but her protest was delenged again in Singapore. From The British acted swiftly in the nied by secretary of state Dean of Chinng the walls, pictures are being torn down and pic- face of rioting and shooting, seiz- Achcson. Russia claimed Italys Communist, ing Communist leaders and hangtures of Mao pai ticipation was a violation of a she ing some of them. Communist pow- treaty had with Russia are being tacked furtively. in the city. and other allies after the war that British rule was flaunted once er was broken Singapoie is really two cities she would join in no alliance dibefore. Last summer the Chinese Communist high command ordered mixed together a Chinese city rected against any of the victors. Achcson denounced the Soviets the Chinese Reds in Singapore to and a British city. k Us - d PROTEST: Kai-she- NOLL CROWELL GRACE sorrow, Syria and Israel have signed an armistice agreement that will keep their military forces behind their international frontiers and Istab-lisheCRAZY FISH demilitarized zones in the contested areas. Searchers after the unique can THE CEREMONY, taking place find the screwiest fish acquar-iu- between the Israeli and Syrian in the world at the University lines in north Galilee, will fighting of Toledo, Ohio. it is hoped, to an early settleAs a of research into lead, ment of issues between Israel and means of boosting the stock of fish the Arab states "in the Lausanne, in the nations lakes and rivers, Switzerland, talks of the UN PalesFloyd J. Brinley, physiologist, has tine conciliation commission. developed the following: Israel has signed armistices with brown trout. all the Arab countries that took Trout with extra transplanted in the Palestine conflict hearts outside their bodies which part Egypt, Lebanon, Iraq, Jordan and continue to pulsate after the fish Syria. have died. The is another tributs Trout babies which, in the in- to the agreement skill of Dr. Ralph Bunche, terest of determining the effect of UN mediator, and Brig. Gen. Wiloxygen on the heart action of fish, liam E. Riley, US chief of staff live in oxygen tents. IT HAS been agreed that un restricted civil life may be reATOM DATA: sumed in the demilitarized zonei England's Needs pending final peace negotiation! Reports say the administration when an international boundary has investigated the possibilities will be clearly defined. of sharing atom-bomsecrets with The agreement calls for tht Britain by executive agreement withdrawal of defensive forces t without action by congress. Some a line three and a half miles deej have sought to tie the on either side of the armisticl Presidents hands. line. This keeps the Arab legioi The idea has been discussed but and the Israeli troops out of gren no decision has been reached to distance of each other carry it through. It is considered senate-house atoma matter of the GUATEMALA: ic committee, the state departRebellion Off armed and the the services ment, A atomic commission. energy A military revolt In Guatemalt secret meeting at Blair House was against the government of Pres thought to have been called by Ident Juan Jose Arevalo died out Truman to discuss the matter. Calm spread over the capital aftei The United Kingdojn and Cana24 hours of fighting that followed in atomic develop- the assassination of Col. Francisci da ment during the war and are be- Javier Arana, chief of the armed lieved to know all about the war- forces. time bomb. The atomic energy FORT GUARDIA DE HONOR law of 1946 has forbidden further the seat of the revolt, was regained exchange of information. by loyal troops and civilian vol Some sources say Great Britain unteers. All fighting ceased. can produce an atom bomb of its were reported Forty persons own if it decides to concentrate on killed, according to the police di the problem. rector. No United States citizen! Britain may have threatened were among the casualties. the United States with loss of Observers said the colonel wai uranium ore from British-ownekilled because he refused to lead U.S. Belgian Congo mines if the an uprising against the governrefuses to yield atomic secrets. ment, and then his death was used Britishers have been resentful as an excuse to attack the governthat their observers were not al- ment. lowed at the Eniwetok bomb test. Among those fighting were manj Roosevelt established the precewho belonged to a political party dent of presidential All with Britain in things atomic with- backing Arana for president. state ministers were loyal to thi out congressional authorization. president. THE GOVERNMENT armed HOUSING: groups of civilians for the large Modest Home battle against the rebels. A modest home may be built for $5,900, federal rent director Tighe Woods has proven. He was trying to solve the militarys hous"X 'w ing difficulties. is of over-alhouse l the The size 15 by 38 feet. The price includes " ' ' ' sewer and water systems. of Chairman Vinson (D., Ga.) the house armed services committee said he was going to examine Woods home near Fort Belvoir, Va. The committee has studied a military construction bill authorizing the armed services to spend more than 449 million to house 7,795 military families. THE BILL would limit homes in the United States to $16,509 cost Is there anyone to dispute the each with no limit on those built decision of the judges in select abroad. ing Janice Ilarvcll, 18, of CaroColorado and Taylor of Idaho, lina Beach, N. C., as queen of the Lions? The smiling miss Henry Wallaces running mate in 1943. won the title In competition President Truman then asked with beauties of other nations. The crowning occurred at the congress for a billion, 450 million prodollars to finance an arms-ai32nd annual convention of Lions International gram for western Europe after Madison signing the pact. Square Garden, N. Y, Thirty-three-eye- It is strange how long one has to wait for the phone to ring when one is not busy. If we had been absorbed in a book, tied up in a conference, trying to find a rhyme or busy at reassembling a Swiss watch there would have been a call Whatever Is Best Accord a but reasonable. After all, why not with the company? So we sat dowm and awaited a phone call . . . THINKS NUMBERS, TWITCHELL H. I. PHILLIPS s ARMISTICE: OUTPOST IN JEOPARDY Tse-tun- But the Company Would Ban" Hellos" Instead with less than $250,000 in assets showed an increase from a small loss to 8.4 per cent. All but two of 22 industry groups showed declines in profits after taxes from the fourth quarter ol 1948 to the first of 1949. Israel-Syri- ittatt PHONE COMPANY SHOULD ELIMINATE . . . d Loses Trial price-suppo- CLASS E TUTriTFcrVFL STAGESCREENlkici BY INEZ GERHARD TRVING MANSFIELD, young pro- ducer at Columbia broadcasting, proves that lightning can strike twice. He conceived and produces the tremendously successful Arthur Godfreys Talent Scouts; using a different twjst on the same idea, he came through with the new hit show, This Is Broadway," also on CBS. He began in radio In 1943 as coordinator of the Fred Allen show, then, r rrs IRVING MANSFIELD In 1944 and 45, produced the Milton Berle program. Realizing what they had, CBS assigned him to originate and develop new comedy and variety shows, and he came through with the Godfrey gold mine, which made Its first appearance on the air on July 8, 1946. The Fountainhead in rived, was seen, and proved to be disappointing, despite the excellent cast and the money lavished on the production. As with Arch of Triumph, a good book just was not good screen material. Well, At luncheon in New York months ago Macdonald Carey announced that a second visit from the stork was slated for his home. Elizabeth Macdonald Carey arrived July 12th, ending a long, tedious sojourn in bed for her mother. Carey Installed a television set In the bedroom to entertain his wife. He commented sadly that she didnt care to watch football games and ha did. On the lookout for new acting talent, Columbia has signed Benno Schneider as top drama coach. He is rehearsing a group of players, some of whom will be selected for screen tests. Meanwhile Richard Quine, a talent scout, is touring the summer theaters In Denver, Omaha, Chicago and the East. He co produced recently and Leather Gloves for Columbia. 'D glad to learn that you had obtained such a satisfactory position. I am sure that you will make a most efficient secretary. Frankly, 1 have been entertaining some misgivings about your future. Serving in the capacity of guardian to modern young ladies Is, after all, hardly in my line, although I was only too glad to look after the daughter of my close Tom friend, when Creighton, he so unexpectedly passed away. I imagine you are quite a growm up young lady now, though it is hard for me to visualize you in any other form than a girl in pigtails and short dresses Aaron Bell, 34, looking 10 years younger, abruptly ceased dictating and stared hard at his stenographer. The stenographer, Miss Daniels by name, was small, dark, vivacious and exceedingly attractive. She had come to work In the law office of Attorney Aaron Bell two weeks previous. She was a capable girl, yet for some unexplainable reason Aaron hadnt been able to get used to her. That is to say, he felt nervous whenever he was dictating letters. During the next few days Aaron began to get an inkling of why it was that he felt uneasy when dictating letters to -Miss Daniels. He began to wonder If heretofore he hadnt been attempting to evade an issue. He asked himself, secretly, if Miss Daniels was becoming to mean more to him than just a secretary, rpVVO DAYS LATER Aaron was rudely swept out of the realm of ecstasy (a state of mind brought about by his dinner date with Miss Daniels), by receiving another letter from his ward. Dear Guardian: My boss is really quite lovely, and has been displaying an unusual amount of interest In me since my last letter. 1 am not a little flattered by his attention and very much thrilled. In fact, I believe I could fall in love with him very easily. Aaron rang for Miss Daniels. Dear Temple: I demand that you resign from your present position at once. Its silly and absurd to think of a girl your age falling in love, especially with a man who makes love to every stenographer he employs. That night Aaron suggested a drive through the country and was delighted when M.ss Daniels accepted. It was a beautiful June evening, with a full moon and a cooling breeze blowing off the ocean. It might have been the atmospher the slumbering romance that lurks within the breast of every man, or it might have been the simple desire of a man for a mate. At any rate Aaron took Miss Daniels in his arms and kissed her and whispered nonsensical things that somehow seemed to fit the occasion. THE NEXT MORNING he found 4 another letter from Temple Dear Creighton on his desk. Guardian: Im sorry, but com mands and demands from folks like you dont mean a thing when a girl is in love. And your little Temple is certainly in love. I expect shell be proposed to in the very near future. Aaron buzzed for Miss Daniels. Dear Temple: This thing has gone far enough. Its a pity you couldnt have been en dowed with at least a fraction of your fathers good sense. It Is my wish that you Immediately send me the name and address of this boss of yours. I shall write to him at once. Aaron had hoped that that night he would find himself courageous enough to offer a proposal of marriage to Miss Daniels. Yet when again they were seated on the cliff watching the moon come up out of the ocean, his courage failed. Heavy-eye- d he went to the office next morning to find a letter awaiting him from Temple Creighton-Dea- r Guardian: You were right. He isnt the man I thought he was. Apparently he has Just been amusing himself, with no idea of asking me to marry him. I do wish youd talk to him. His name is Aaron Bell. Lovingly, Temple. ZI1E ACROSS 1. . 1. School the palm prophet (Bib.) Water graduation document 2. Measure of land cooler 3. 5. A 9. DOWN Fruit of 10. Wagon 11. A merry frolic 12. .Test 14. .Set Anger (dial.) 4. Upright 5. Division of a play Disfigure 6. close 7. Constellatogether, as the teeth tion 8. Begin 16 Metallic rock 11. Large ladle 17. Hawaiian 13. Sign of bird zodiac 18. City (Ont, 15. Goblin Can.) 21. Independent 19. mouth Indefinite article 23. River (Afr.) 26. Food fish 28. Masurium (sym.) 29. Completely 30. A pricker 32. Marry 34. Habitual drunkard 35. President of Argentina 36. Appearing as if eaten Obstacle The whole range 31 Humble 33, Slat 34, Exceeded speed limit 38. Toward 39. Over (poet.) 40. Sliding, boxlike compartment 43. Edible game fish of the oak 47. Bones 46. Seed (anat.) FU7ZLE NO. Large roofing 22. Terror Slay 49 Require 50. Whirlpool ANSWER slate state, 48. WEEK S 20. Taken by S. E. Arabia 24. 25, 27, LAST 11 Anower to Fusilo No. 37. Male duck 41. Tart 42. Treeless tract of land (Eng.) 44. Employ 45. Little boy 1 |