| Show WEEKLY NEWS ANALYSIS Communists Offer Vague Proposal For Negotiations in Korean Army Plans 24 Divisions by July opinions Bra In they art those ot Western news and not of this Price Is Too High Communist ambiguous proposal tor a truce In Korea fanned the hopes for peace among the American people and created a dangerous division among the free The Chinese proposal In If the withdrawal of foreign troops from Korea was being put into would advise the Chinese volunteers to return to The statement did not guarantee that Chinese troops would be nor did It say anything about North Korean The statement was too ambiguous in the opinion of most American Withdrawal of the U.S. fleet from Formosa and a seat In the United Nations for Communist China also appeared In vague terms in the proposal for a The kindest thing that could be said about the Chinese statement was that perhaps there was a desire for peace in But from the American view that price was too From the more practical the note put the United States In a bad situation If It agrees to consider renewed overtures for a negotiated it Is bound to Incur wide criticism at If it shuns these the accusations of the Soviet Union may fall on more fertile Chinese move was seen by some observers as an attempt to block the American proposal In the U.N. of branding China the aggressor in If that was its It at least Other observers questioned the status of the It was not addressed to the United It was little more than a postal card to India in reply to questions of 24 Divisions Army strength by July will be equivalent to 24 combat J. Lawton army chief of reported The build-up of combat strength by July will include 18 divisions and 18 regimental combat team with supporting together with numerous independent tank field-artillery battalions and similar combat Collins he did not believe the nation's current goal of men In the armed forces will be enough and the total And while army officer and government officials talked of manpower problems on the a new Korean's casualty list was announced by the department of An additional casualties reported by the bring the Korean war total to The department said were killed had died of and 22 men originally listed as missing in action have been determined to be Thus the death toll stood at Wounded totaled including the who later The missing total of Included men who since have returned to American ci and known prisoners of New Contract i John I. president of the put an the nearest thing to a smile he ran manage after he and Harry M. Muses president of the northern coal operators signed a new wage contract under which the miners received a pay The Increase became effective February Housing saLaa Housing Administrator Raymond M. Foley told the senate banking committee that the federal government may soon have to help communities schools and other facilities to meet the needs of defense PRICE Needed for Long Time By the time this appears in the administration should have acted on the price-wage controls so long needed to stabilize the nation's economy in its all-out mobilization During the early weeks of 1951 the need of price controls became a pressing matter as wholesale prices hit an all-time The cost of the average family's food was the highest in the nation's Critics of the administration had demanded a price-wage freeze for some Government protested any freeze would be meaningless unless adequate machinery to enforce price controls was It was also apparent that there was considerable difference of opinion between Charles E. defense mobilization Allen economic stabilization and others in charge of the administration's efforts to set up a wage-price control President Truman entered the fray by firing Valentine and appointing Eric head of the Motion Picture Association of to take his Johnston will settle any disputes between the OPS and Administration critics demands for price-wage controls included a roll-back of price to January I. As for a temporary freeze was the most popular demand but only temporary until some kind of wage control formula could be worked LIVING Hits an All-Time High The cost of living in the United States hit an all-time high early in with the dollar worth less than 60 cents of its 1939 buying The latest estimates placed the cost of living at 68 1 per cent higher than in although food alone went up almost per cent In the last 11 The jump was even greater in some Individual For the bread and butter the average factory worker could buy in 1939 for 39 cents now cost him approximately An analysis of the figures revealed that a man who made ten years ago now needs to match his buying power The equivalent of a Income then is now The average factory earned approximately a year in 1939 and about last an increase of per Treasury Plans Extension The treasury plans to offer holders of Series E savings bonds an opportunity to keep their bonds another 10 years at per cent interest and to retain the government Interest rate on long-term treasury bonds at per it was reported Secretary of the Treasury Snyder said holders may cast their continue to hold the present bonds with an automatic interest-bearing extension which would amount to 2 9 per cent compounded at the end of 10 or exchange the bonds for current-income savings bonds of series which bear interest every six Congress must pass the before it will become Of the of total outstanding savings nearly Is in the series E. A Shift in Policy Observers of American political activity always keep an eye on the party not in power as an Indication of the trend of thought in the For this Robert Taft was back In the causing considerable speculation on his sudden shift In policy toward sending U S. troops to Only a week who Is undoubtedly the most influential Republican in blasted away at the administration and President in for promising to send troops to one week he shifted his position and said he would favor sending a limited number to the What does It the average American wanted to It would seem that Senator Taft had suddenly become Impressed with the fact that our safety is tied with that of western It would also indicate that he has removed the steam from the all-out opposition in congress to send troops to When Taft first announced his opposition to participation of U.S. troops in the defense of he found himself confronted by a difference of opinion from other influential members of his A number of them expressed the opinion that a decision against sending additional troops to Europe would be fatal to any program of mutual Taft's shift caused considerable comment on the American scene for two He has often been called an And he Is a man who seldom changes his policy once he has stated it It Is generally concluded that the majority of the American people do not sanction Taft's shift could have been made because he recognized that This does not that the shift is so extreme that the senator from Ohio can be called an Appointment Eric head of the Motion Picture Association of was appointed economic stabilizer to replace Alan At left Is John assistant to the and Charles E. Wilson defense mobilization Brands China Aggressor The house of In the opinion of blundered into the field of foreign affairs with a heavy step by demanding that the United Nations should immediately act end declare the Chinese an aggressor in The United States had been working for this in behind the scene maneuvers at the United Nations for For a while there were reports that the majority of western nations In favor of the Shortly after the house resolution was opposition to the move especially among the nations in the middle Some nations adopted the attitude that branding China the aggressor would completely cut off any chances-for a negotiated peace and agitate the International house action can be said to reflect the growing determination of the American people against the wave of appeasement that was evident in many quarters of the nations not so many weeks Director In the hot debate in congress over the drafting of Lewis B. draft testified before the senate armed services subcommittee of the selective service law Indefinitely and the drafting of younger Delighted With Debate The Soviet Union expressed Its delight over the current foreign affairs debate in congress by releasing every criticism of Truman and Secretary of State Dean The Russian government tells the people that the debate reflects deep American dissatisfaction present foreign policy and a growing desire for a change in what It calls the policy of |
