Show WEEKLY NEWS ANALYSIS truman attlee talk over world situation Us Us soldiers retreat wage P rice price controls control S are hin ted J notel when opinions are r xii reed in ellese columns elB mn they are re those thor at JIp lorn newspaper doln news iriri analysis mind mid not necessarily ot of this I 1 h I 1 ew or CHA 0 KC N japan ste I 1 HA PYO N 4 1 1 1 1 RTH KOR 40 t S 0 TH EA communist armies estimated to total men plunged out cut of manchuria and smashed smash edthe tho united nations offensive that hat was wan launched to end the war pyongyang capital of north korea as ot lost and UN troops retreated southward military observe era were acro hesi hesitant tint to name a probable pro bablo defense line ono one possibility seemed just north of seoul capital od south korea TROMAN ATTLEE 4 for unity and aimo pimo minister attlee of 0 britain and president truman held beld n s series of conferences in washington during which the leaders of 0 th the etwo two most powerful democratic nations discussed the wo world rid situation in general and tho the korean crisis in particular although no official announcement had been made mada on topics under discussion cus sion reliable sources said gold they tried to solve three 1 should the divided badly outnumbered wred and already reduced forces of the UN UA bo be withdrawn from koreans Kor korea cans as soon us possible or crould they remain emain andar and fry to tight figlia V it out 2 should the western powers it if they withdraw or are topped out then carry on a naval and air air blockade of communist china in an attempt to moke make the tha governing of china by tho the communists as difficult z as possible or should they reject such a course as an I 1 able and fruitless operation on and 4 choose instead to divert divent tha their r forces to tho the defense of E europe aro andor southeast asia f 5 3 Is a combination oi of these two vr coutsos possible for example would it be possible to arrange 4 through india or the V U y ni a cease ft reat the parallel with a viba to seeking en an honorable solution end and if no such solution lution ko Is offered ott ered then carrying on a limited war against red nod china observers were also quick to point out that tha the tha meeting of the two was further designed to show tho the world thai britain and the united states stales were united in purpose many observers verk put the problem facing cing the president and the prime minister this way to get pence peace on honorable terms if they can con but to c continue t to 0 punish aggression it if the they cann cannot ot without becoming involved in a general war with rod hed china and without getting too 00 oo many of their forces pinned down in a the far east cast the two men were said to agree on oil one point that europe not asia is the decisive theater of operations PRICES mit it new cw high the governments cost of living index soared to a record high of 18 1748 meaning 1748 per cent of the 66 1935 1035 39 price ave average Tage A seasonal decline in meat meal prices tolled failed to halt the general upward surge in tho the cost of things thing that enter ter into a fam ilys living costs apparel and house furnishings led the way but ap all major items in the family budget joined the climb the increase brought automatic pay boosts to nearly a auto mobile workers whose cont contracts are k geared to the rise and fall of the t monthly price indicator millions of other workers however find only a greater strain on the weekly pay check madle middle income groups in the united states especially the white cot col lar worker whose wages tire not 01 tagged to a cost ol of living contract are feeling the pinch of increased prices wealthy red X wg g r a W 41 11 frederick vanderbilt field ice center anter wealthy nosy new yorker indicted for or contempt of con gross cantera bonfe is with his attorneys unfold harold cammer left of new york and joseph foier of washington D DC C field was indicted for refusing to answer questions before a senate for eilffn relations subcommittee KOREA heartbreak road the military situation in korea reached tho the point where re no one would predict what would happen next the situation was considered serious and before this reaches print may be desperate military observers throughout the world were asking themselves it if another dunkerque Dunker que was in prospect they wonted wanted to know was it possible or even practicable to attempt the establishment of a new defense line but I 1 a evor till bitter facts acts could not be denied united nations forces tn in korea were in full retreat pyong yang was evacuated and tho th re tr treating army jammed the road to seoul endless columns moving bUm bumper to bumper the ro roami ad up the th peninsula had been bloody the one back was heartbreaking and as much ns as the free notion nations of the world hated to admit it tho the communist armies of china had demonstrated to the he world they could march where they wanted to in the face of still stiff resistance general macarthur estimated that china had thrown as 09 many as 1 I men into the campaign military observers said it appeared the were determined to destroy the eighth army it if lt gen con walton 11 Ny talker alker com mander decided to st stand a rid and tight fight nt some spot in south korea tho U B sy army would face the greatest liest odds in its history most observers admitted frankly that such a stand would be almost impossible against overwhelming odds and a defeat would mean the loss 1 3 of the ciure eighth army the only other possibility was a beachhead bea 1 chheng like alk the one at with arif flary planes and ships putting up a wall of steel from behind which the eighth ill army could be evacuated to japan CONTROLS may y go be soon oon for the first time ilme a high goern ment t official predicted that general wage price controls will have tobe to bo invoked to avoid damaging inflame inflation tion the official was secretary ol of the tha treasury snyder at a senate finance comm attee hearing snyder said 1 I should say that the situation I 1 as it 11 13 today to a avoid V 0 1 d inflation of a d damaging nature cheso h esa gen general erld i controls will have to bo be put into effect alan valentine chief of tho the federal wage price control agency declined to be specific on timing when senators demanded to know what the administration plans to do about rising prices and wage problems valentine told the lawmakers wo we must look for and find very soon a plateau where prices and wages are gene generally fally in ba balance lancel I 1 hope we now are near it there had been much private talk about price and wage controls but this was vas the first time almo an official had publicly stated that the time was near at hand one sad fact must be faced however adur during the tha past months when it was becoming more and more evident that soon sooner eror or later controls would have to be invoked the adminis tra tion took no steps to set up the necessary machinery to direct them vow now that the question Is becoming more pressing there will bo be another delay while t the h e government mobilizes a staff to direct control activities in the meanwhile the small towners downers ofA of america merlea can expect the price spiral to continue A frightened world ald A frightened world heard president truman bruman tell ills his weekly news conference that the united states would tight fight on in korea and would use the atomic bomb if 11 necessary before his remark could bo be further explained the t h e capitals of europe were in an uproar fear spread across western europe like a tidal wave newspapers issued extras with black headlines and radio programs were interrupted koput to put the announcement on the air near panic on a worldwide world wide scale was evident for the first ume in history the presidents denes statement created the impression that ho be had already given general macarthur authority to drop the A bomb whenever he be considered it necessary and practical some hours later however a white mouse house statement made it plain that macarthur had not been given that authority although ahe he situation had been somewhat cleared the question of using the atomic bomb and it its status in the event of 01 all out war caused a 0 wave of discussion throughout tho ahe world nearly every country in western europe went on record against using the weapon these nations obviously feared retaliation in rind kind from tho the russians should the U S employ the weapon in tho present korean campaign within the country the question was also top topmost most jn in the minds of every american most observers believed the public about equally divided on itsume It its suse use the tha main argument for or its use seemed to be it is the only weapon available that would prevent a disastrous military defeat in korea and the loss losa of nearly american soldiers soldier i on tho the other hand american America qs in every walk of lite pointed out that it if we used the tha bomb the russians might retaliate by bombing amerl can cities ond and thus launching dread ed cd world war III champion MMA N 77 U N 11 1 14 IN W d q 14 M 01 N 11 A 0 2 K T wg big springs special and ana his owner lloyd llotd robinson Kobl 18 19 ot of big cpr springs ingi texas are shown just after the steer won the in lei ter national livestock shows chain championship the steer was sold for 12 a pound brini int the youthful owner it was a record price foy for the show PROFIT TAX house posses passes M measure e asure by n vote of to 20 the house passed an excess tax estimated to bring in from co corporations rp orations in IOU 1931 the measure ts is tiow now expected to pass the senate end and reach the tha white house by new years i one had expected tho measure to get t action in the lame duck session ot of toni dongres tongres resi si thedore TheR the korean ore an crisis however made immediate action necessary |