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Show The Salt Lake Tribune, Sunday, April 15, 1962 2A K? Europe Hails Steel Break r. VC! V--- vv v V v- i, NOTHING LIKE It has been seen since the days of the New Deal. . . The man in the White House has brought big business to heel to win the biggest political victory of his career. In West Germany steel exBut the Financial Times, In a dispatch from New York, ecutives kept a public was not so sure. The relations between government and busiSome of the London head- ness may have been perma There seemed something lines: akin to awe in the way the nently damaged, the newspa said. per KENNEDY TAMES the news was given equal footing s Edmond with Dally Herald. IN HOME, H Messaggero steel barons" death sentence in Paris called the Presidents victory, "U.S. steel giants cave in, and even the latest soccer "A triumph of first import- Dally Express, , a... scores. ance." To Milana Corriere Steel firms beat a retreat Sera it was a "lightning The Guardian. THE LONDON Evening Della like News said it tried to conjure to epilogue to the struggle hold the price line. up the unlikely picture of The Paris newspaper Le Prime Minister Harold MacMillan doing battle with Brit- Monde said, The battle will or later. The -KITS tv ish steel Industry leaders. But resume sooner '1 the papers financial commen- newspaper said even though tator did not mention that steel the President made the steelprices here are controlled by men back down, the central the governments Iron and question still remained: Steel Board. Must the federal governThe Daily Express reported, ment ask Congress for addi"The single-mindefury with tional powers to make the HI-F- I, which Kennedy turned on the large companies conform to steel giants amazed them with the Interests of the eoun- its intensity; try. ' ' , - t LONDON, April 14 (UPI) Blazing headlines In West European newspapers told Saturday of President Kennedy's success in forcing the big American steel companies to rescind their price hikes. A typical one was in the ' Kennedy Dally a Herald: Tames the Steel Kings. " fM ' ?? ,,$ c v -- 4 J .)& '. Vv Aaiwia ., ' ?vK v' - ' rf "$" x f , . ,;-- - " "'S W "s 'i ' &$ J , :. ; V P?,!vr v ' , c ? l!.2 Tt xrjr rsTti rv --- ' , - 5'f,TC'N i Vj'J V V. 1 -- k i U , , i5- -, ' ; - 4 I- rv -- V rC a. jswt Steels Backdown Fails To Curb Congress Ire ' C rtfcr A V sk &r-;i-- v b r"x Continued From Page l! idential authority to halt certain types of strikes. ANOTHER BILL would the same give the courts yardstick to apply to breaking up existing large concentrations that Is already applicable In preventing proposed mergers and acquisitions, Gore K'vV it- L - V p. wH ' '';'t V? ; k&dLLL: iuj -- AisocUUd Fms WlrtphoU No Home, but We Have Each Other moke. They were unhurt, but father, Max, Buffered Injuries hunting through the home for daughters before they were found safe. SEATTLE Sobbing Carnie Montoya, 5, tries to comfort her 4 year-olslater, Dolores, as their home disappears In flame and QMSXW&D crQjwQjGt ar Q&$ziA ar QJWSQX&D at QJW& GAS RANGES CALL CR or CR IN aMBwaraaiaas STEREO KITS 'A;? r of Free Standing Spring Clearance d r 'f l, ''if "r wrv f;t r,cr' on Do Reduced Luxe and Standard Models HOUSE OF S1 r- :r Sfa Apt. Price Drastically Jou-haud- ex-Ge- v STEEL VICTORY to Mr, The Daily Tel Kennedy graph. Steel firms retreat Daily "Mr. Kennery wins his steel Mirror. The Times. battle" Le Monde gave an outline barbuckles steel rehis routs "Kennedy Kennedy of the steps taken by Mr. KenThe Evening News. volt MaiL Daily nedy and termed the outcome a ons "grave defeat for the companies. , Kennedy beats steel men Daily Sketch. study of whether the antitrust laws need strengthening. He added, with reference to the price Increase cancellations, that "thp penitent shall not be punished." and COMPONENTS Top quality equipment you've wanted and needed at clearance prices you must not pass up! This Is only a few of many outstanding buys be here earlyl so don't delay but quantities are limited ... ... FAMOUS BRAND 12" ,..19 Indoiurai - .... 24 39 . 99 39 35 NAME TURNTABLES DUAL CONE SPEAKERS In Walnut GORE CHALLENGED the contention of Roger . M. STEREO AMPLIFIERS T Blough, board chairman of U.S. Steel, that the company needs larger profits to modAM-FHOME INTERCOM with wlra and 4 Italian ernize Its machinery in order! to remain In a competitive po-- ' said. WIREIESS INTERCOMS sitlom 'A third meaS--' $T This type of argument Is ure would establish a nationeconomic nonsense, Gore OFFICE INTERCOMS said. "Domestic steel cannot al consumers admeet price competition from visory board, with fact finding foreign steel or from such & substitute materials as preand information - dissemina- Sen. Gore - stressed concrete by making! USED tion authority to bring public its prices even less competl- opinion to bear against what tive. AM-FSTEREO TUNER, EICO ST96, Factory Wired It might find were unjustified Even ecodisregarding price increases. RADIOS (No License Required) CITIZENS BAND nomics, what are the equities? Is U.S. Steel not makU.S. marshals are expect15" STEVENS' COAXIAL SPEAKER, University Enclosure ed to serve the Kefauver ing a good profit? subcommittees aubpoenaea Thu equipment is vtry Can it not afford to make the first of next week. slightly m td tnd HI proper expenditures for plant ptrftct condition. The subpoenas call for sub- and equipment? mission of the requested data Gen. KenneF. Robert Atty within a month. Staff aides dy said a New York Federal said it probably will take an- Grand Jury investigation into HU 2949 SOUTH STATE other two to three months to the price increases will conanalyze the figures. tinue, adding that the rollback The steel companies are di- "will not have any effect on rected to furnish Information this. Asasrai!es5syx,isw,,as8r',t5?''w,cTOwsMHSBsr?s!,,vT.,',.w'r. on production costs, exclusive of administrative and sales expenses and income taxes. 36-WAT- M $ S&j EQUIPMENT 79 39 54 1 iQi 71 The aim Is to find out how much it costs to produce a ton of steeL A House Judiciary Subcommittee, headed by Rep. Emanuel Celler (DN,Y.) has scheduled public hearings beginning May 2 on the steel price situation. Celler said this will be a Balt fake gfibunt 143 South Main Dial EM AIMES Your Money Back in 60 Days If you can find a better diamond valuel Established April 15, 1871. Issued every morning by he e Corporation, Balt Laka City, Utah. Kearns-Tribun- Hathaways English Aertex. the shirt with 987,693 tiny windows TN America, only Hathaway has the right to make shirts of genuine English Aertex the one fabric under the sun that feel as breezy as your birthday suit. The secret of its coolness is the way it is woven. Aertex was invented by a doctor to let your body breathe . There arc nearly a million air holes in every Aertex shirt You can tan through them. Yet you cannot tee through them. As for Hathaways tailoring, the seams are sewn fiat and smooth and strong. The sleeves are neatly cuffed. The tails ar squared off, so you can wear them inside your trousers or out All Cotton, In Tan, Brown, Whita, Olive, Entered at th post omca at Salt Lake City as second class matter under act ot Marta 8, 1879. AU unsolicited cuticles, manuscripts, letters and pictures aent to Tht Salt Lake Tribunt ara sent at the owner's mg and s Corporation assumes no for their custody or responsibility return. Kearns-Trlbun- Subscription rates By carrier dally and Sunday S3 00 per month, a year In advance 324.00; by mall in Utah, Idaho, Nevada, Wyoming dally and 8unday, payable In advance, per month 32.00; elsewhere In the United State per month 2 00, months 10.50, 1 year v 20.00. The Tribune Is a member of the Associated Press, The Associated Press Is entitled exclusively to the use tor reproduction, ot all local news printed In this newspaper as weU as all - news dlepatchea. A-P- s8! Arthur Frank, Soft laku City 1, UtoK Phono DA PIom Mnd th following Aortojt shirt morchandltot m Color Quantity Total Siso 1st Choico I 2nd Choico Addrosu City . . ....... ,,,, Zono Chock Chorgo (Utah rosldonts add 3 ..Stoto COD, als tax) r IN THE MEN'S STORE His drasratic lied Star sapphire set 08 by 2 Aery die Mends, 14k geld. -- Gdh fhatiz. OTudrotlons -- enlarged le shew JletolL All Price Hm Padarat Tee K UTAH'S LEADING STORE FOR MEN AND WOMEN j WW j 140 SOUTH MAIN KEARNS cr QMpgMg grgMD . 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