Show I NEWS WS REVIEW postal Boost Foreseen Economists Decry Slump POSTAL RATES lila May Go Up UpA A measure embodying the first general revision of postal rates since 1879 which would add about mUll million on dollars a year to post postoffice postoffice postoffice office revenues has been introduced in the house of representatives The bill provides for a 30 per cent increase in parcel post rates and would revise the air mail mall rate from five to six cents an ounce In addition the new plan would add about 30 per cent a year to present scales for second class mailing of newspapers and periodicals sent outside outside out out- outside side the county in hi which they are published Another provision maintain the current three-cent three l cal and non non- local rate for first class mail mall beyond the July 1 deadline when those rates were slated to revert to the former two-cent two level The new rates WOUla go into effect effect ef ef- ef- ef feet 60 days after the bill is passed and signed by the President I READJUSTMENT No Depression Not a depression but a price readjustment readjustment readjustment re adjustment is in store for the United States the federal reserve board has predicted Reserve board economists explained explained ex ex- that heartening news by pointing out that a downtrend in prices is necessary healthy and I Inevitable II The inconsistencies In Inthe inthe I Ithe the national economy which have I arisen out of the fact that our economy economy economy econ econ- omy is part rigged and part free will have to be eliminated For instance About 14 million organized organized organized or or- workers have derived bene- bene t r L L. JOE COLLEGE This Is the Japanese version of Joe Col Col- lege In the Nippon capital the smart college lads like to look like something out of the poorhouse This student wears a tattered suit and sloppy cap and lets his hairgrow hair hairgrow hairgrow grow long fits through forcing higher wage levels Twice that many unorganized unorganized workers have not shared to an equal extent In the wage Increases A number of Industries able tc tc control prices have driven them then upward Others at the same time have been held down by government govern govern- ment controls The main reason that farm an and food product prices soared after th the war was that there was little else elst the consumer could purchase Now with production making a comeback come corne back the previously scarce radios refrigerators automobiles and scon soon so sc soon on are competing for the consumers consumer's consumers consumer's consumers consumer's ers er's money Federal reserve board economist economists say that farm prices arc are expected to stabilize about 25 per cent ent unde the 1946 peaks They also express confidence that they can put th brakes on any further inflation U iJ congress provides the necessary assistance GIANTS GIANT'S DEATH En End of pI an ln Era The battleship Oklahoma first oJ of the so-called so II super might well weIl be recorded in histo history as an accurate symbol of the era during which it ploughed the seas seal for the U. U S. S navy navy heroic heroic but futile In her 31 years of steel steel clad clad existence existence exist ence she never fired a shot at ar at enemy Based at Ireland during dur duro ing tag World War I she saw no action and on December 7 1941 five Japanese Japanese Japa nese torpedoes sent the sturdy ol old ship lunging to the bottom of Pearl Harbor before her crew could mat mas matthe the guns Raised to the surface and thee the abandoned as not worth salvaging the Oklahoma was consigned to tho the scrap heap and taken In tow for thelast the thelast thelast last long voyage across the Pacific Suddenly miles mUes northeast of oJ Pearl Harbor the tragic listed heavily as if tired of war and its aftermath and slipped Into the sea three miles deep at that point for her final escape from the era oJ of i violence that had been her END THE WAR Students Riot Demonstrating violently in hi open defiance of Chiang shek's Kai order orde to quiet down thousands of university university sity students in several Chinese cities cit ies les fortified their demand that the c cIvil vil w wa vr r be ended immediately by calling for a general strike Declaring sternly that the student riots were instigated by Communists rusts Chiang said they would b bf be quelled forcibly if necessary Th The students reacted with further parade parade pa parade rade and violence in Shanghai Nan king and About students were on strike from 16 universities with their dem demands including every everything thin a from a better system of grading papers papers pa pa- pers to higher government living allowances al and an end to the war |