| Show WEEKLY NEWS ANALYSIS I Attlee Outline Program Of Without Korean Picture Remains Serious When opinion are In theae they are of newt analysts and not of thin The four men above have concluded a conference that may become known as the last stand of For five President Truman and Prime Minister conferred on the present world President Truman was advised by Secretary of State Acheson and Secretary of Defense Marshall Peace without appeasement was the theme of the A Joint Statement President Truman and Prime Minister Attlee concluded their historic five-day conference on the theme of without It was to evaluate the results of the meeting in the light of swiftly moving It suffices to say the two nations gained a clearer view of mutual problems and possible future A statement was issued at the conclusion of the Economic and military aid to the non-Communist notions in southeast Asia will go forward despite the Communist onslaught against The United States and Britain act together with resolution and unity to meet the challenge to peace which recent weeks have made clear to are in complete agreement that there can be no thought of appeasement or of rewarding whether in the far east or Although both Nationalist China and the Chinese Communist regime are reluctant to let the U.N. consider Formosa's of this question by the U.N. will contribute to peace and The U.S. opposes and continues to oppose admission of Red China to the U.N. while Britain Its Red representatives should occupy China's But they are determined this split will not hurt their must be made to end the Korean fighting by peaceful means but only the basis of a free and independent If the Chinese Communists reject peaceful the must what to with British and American The U.S. and Britain are in on the need for immediate action by the 12 North Atlantic pact nations to intensify their defense The two nations must expand arms production as quickly as pos sible and continue to work out arrangements for sharing the defense A supreme commander for the combined North Atlantic armies should be appointed RENT Extended 90 Days Much to the surprise of many the house and senate approved a extension of the fed eral rent-control The senate's action on the bill must still be ratified by the but that approval was expected without The new legislation replaced the federal rent control law that ex at the end of December except in that decided to them through June The three-month extension pro vision is exactly what Truman He told congress a continuance would give the lawmakers time next year to consider the whole rent problem in relation to other inflation Appointment Joseph H. veteran Washington was named presidential press secretary following the recent death of Charles G. Short is being congratulated by Stephen T. Early who acted as press secretary until Truman filled the What's the Next The military picture in Korea was still The U. S. eighth army withdrew successfully from North Korea and established defense positions below the parallel and north of The first marine British units and small groups of U.S. army troops reached after a retreat in sub-zero The first marines thus escaped the Communist trap sprung by six but not without heavy Although no official totals were military observers estimated the marines suffered as many as killed and What is the next observers were asking Several things were including a defense line at the parallel and an all-out a small beachhead around and Seoul which could be held with the i id of navy and evacuation of all troops from the MacArthur was of the opinion that troops could hold off heavy Chinese attacks for the time but warned in effect they could not do it for The general seemed to be saying the same thing that had come repeatedly from the fighting front-that the Chinese must be halted politically or the Allies strengthened in Korea before troops can hold out for any length of Rumors had circulated in the United Nations that the Chinese would stop their offensive at the No official statement was made by the and most observers did not expect them to do One ugly fact could not be denied by the free nations of the Communist O if it wants to spill enough can probably throw the U.N. armies out of Korea and into the sea It a humiliating pros What's in With 1951 but a few days away a number of observers paused long enough to ask the question of what is life in the United States going tc be like during the coming assuming we have still managed to avert a third world The assumption that the U. S. will not be Involved in war during 1951 is taking the optimistic view ol world But if that should be the the future shapes up something like Cost of living will be perhaps by as much as six per even with price and wage Food will be Including at higher When incomes are people not only eat but eat High grade wool for clothing will be scarce and nylon goods will be in tight House furnishings quality will and some items will not be Automobile production will be far below eight million or There should be enough gasoline to go but the quality Is likely to be somewhat There will be more jobs than Job-hunters and most workers will be working longer Taxes will be a good deal higher for individuals and An excess-profits tax is almost Consumer credit controls will be meaning larger down payments even than now and shorter payment All of which according to the a lower standard of living for the average American and an austerity program for the cour try HARRY End of Sordid Story The end of the sordid story of Harry confessed member of a Russian espionage was written in a U. S. He was sentenced to 30 years in After the Gold said in a statement that he had made a and added that he had received the scrupulously fair trial and he could never have happened in the Soviet Union or any of the countries dominated by Gold admitted during his trial of turning over to Soviet agents vital defense secrets and data on atomic research obtained by British scientists Klaus The convicted man said he was concerned over the fact that who mean so much to me have been the worst besmirched by my deeds my my family and my former classmates at Xavier University and the Jesuits and the people at the heart station of Philadelphia General Record Investment The commerce department in a recent report said American business plans to Invest in new machinery and other equipment during the first quarter of setting a record for that the basis of preliminary if plans for the year as a whole are 1951 capital outlays will be higher than in any previous the department The present full-year was established in booming In a recession expansion outlays fell to 1950 is expected to be about the same as last The report also showed a sharp pickup in business spending for new plants and equipment since the outbreak of the Korean war last If plans uncovered in the department survey are carried expansion outlays in the first quarter of 1951 will be 30 per cent above the first quarter of All major industries will be contributing t the Stabilizer Michael mayo of was named by President Truman to serve as director of price The post assumed Increasing Importance with continued that price-wage controls would be clamped on In the near Killed Automobiles slaughtered more Americans in the past 14 years than have been killed or fatally wounded in all the wars in U. S history including latest available casualty figures from reported the Northwestern National Life Insurance company In the same period automobiles Injured 13 times as many Americans as wounded in all United States |
