Show WEEKLY NEWS ANALYSIS red relegate delegate urges UN lih accord world awaits pound out effects walkouts Wal kouts plague major industry EDITORS when opinions opinion ar r e expressed in these thee columns they are ara thos at f western eitra tV newspaper pave union news new ana 1 fats an and no not necessarily of this ibis RUSSIA A sweet note the russian theme heme in international accord was growing a little sweeter it if andrei Y Vl soviet foreign minister could be taken at hi his word icord WEARING a broad smile had urged united nation members to cooperate the gesture was made by the chief delegate as lie he arrived in new york by plane to attend the fourth united nations general assembly sessions disdaining the usual brusque no comment tor for reporters was almost voluble the soviet delegation he said Is fully confident that the united nations Is as the head of the soviet government stalin said a serious instrument for the maintenance of peace and international security then he added there can be no doubt that the general assembly would be able to solve the important problems before it providing the nations of the UN show a sincere desire to cooperate with each other and in accordance with the principles of the UN charter other delegates advised of this and remembering the almost innumerable russian vetoes in matters where cooperation might have been moat valuable decided to await development at assembly sessions ces to see just how far the russian affable manner would go devaluation wait adit and see sea to say ay that reaction to britaina Brit ains devaluation of the pound sterling was mixed would bil be an understatement instead reaction ranged from hope to fear from confusion to jubilant 1 I told you sols BOS from all those who had held that dev devaluation alun i was the only answer ansbe r to brit ains current economic crisis AND that was the chief rub was the solution ono one that would solve just the current situation arwas or was it the entire answer the bulk of the ahe thinking on th that angle was that it was wag not the long range panacea with most observers preferring to 6 wait and see before pom committing themselves to io any analysis of the devaluation effect 4 meanwhile canada had joined the parade of english connected nations de valuating the pound THE devaluation move was ii a two edged sword in the british dollar crisis for just as it might result in increased buying of british goods by americans because of lowered costs it would woud mean too that the english would have to pay more for or the it items ems they bought at home the po pound und value was cut from to an action which alarmed most importers while expressing fear the move would cost them a great deal ot of money most traders said they know a thing yet and speculate until they had some word from british manufacturers SOME DEALERS and importers Im portera declared they would take a beating on the reduced values of their inventory ot of british goods already bought and paid for at 4 03 to the pound WALKOUTS cars ars coal steel american industry fighting to regain prewar pre war stability was facing parlous arlous ii times john L lewla lewis coal miners had left tho the pits the united automobile workers union had handed tho the ford motor company what amounted to a strike notice and now the steel industry was next WITH these basic US industries nil fill down production product lon suspended millions of workers out of jobs the national industrial and economic picture appeared dim indeed president truman was coming in tor for some blame in the steel industry dispute with critics charging ho he had fumbled tho ball in efforts to prevent a strike four days before the deadline for start of tho the strike federal conciliator cIl cili ator lator cyrus ching had reported no progress in negotiations neither side would budge on the key point in negotiations the union contended that since it had agreed to forego its demands for a pay raise the steel makers rs should accept the presidential fact finding boards recommendations for a company financed welfare fund while this seemed to satisfy steelworkers steelwork steel workers ors it please the ON the other hand the steel industry was buying newspaper space to claim that it was agreed at the ou outset that the presidential boards findings would not be binding on either party and that if a strike resulted the union would have to assume the responsibility steel leaders took the position too that the workers worker should contribute to the ahe pension insurance plan costing 10 cents an hour for each man BOMBERS gives reds pause the declaration came from a man whose qualifications entitle him to the rating of expert ex gen henry 11 II arnold wartime chief of US air forces the statement ma made de in a book global missions was that it armies or navies that ha t russia fears but only far reacel reaching ng bomber strength lets put it this way the gen oral wrote ll russia has no fear of an army she thinks hers ts Is just as good and bigger than any other in tho the world she has no fear of a navy since she cant see how it could be employed against her but she does fear our long range strategic air force which sho she cannot as yet match or as yet understand in the strategic air force coupled with our atomic bomb at this writing we hold the tha balance of power in the world but he warned by tomorrow the picture may change arnold minced no words in the tha dim view lie he takes of the russians I 1 the russians Ru he says would have non of the american proposal that the american air force be allowed to build B 29 bases in siberia to attack japan similarly he recalled that agreement tor for bases in russian territory to be used for shuttle bombing of germany was ended after a short time by moscow the air force in tho the current squabble over armed service prestige as a result of the unification bill could take much solace and encouragement from general arnolds statements ARMS BILL meddling feared the billion dollars arms ald aid bu bill had a stalwart supporter in sen arthur R mich who termed it a bargain price peace insurance policy against communist aggression he said he feared cared that any meddling with the bill might impair its force and effect chief republican spokesman in the senate on foreign n policy declared that the arms aid program might be regarded either as life insurance or fire insurance and said that in any case it is a bargain policy as far as peace is concerned referring to the north atlantic defense pact he said that pact included a pledge to maintain forces that can resist armed attack too he pointed out european allies have weaknesses that the arms bill would help overcome declared that it would be in honorable honorably hono rabla keeping with US treaty obligations to adopt the arms bill 1 I think it is definitely and specifically in the interests of our own national defense he went on 1 I think it is a discouragement to war I 1 think it is prime and vital peace insurance he argued that the plan to send american tanks guns and planes to europe falls squarely within the commitments of the north atlantic pact which the senate ratified by a vote of 82 to 13 he denied sending arms abroad would mean the start ot of an arms raco race between the east end west Vanden bergs active support lor for the measure was expected to help it materially in winning final adoption in the senate since many dissident republicans would w 0 u 1 d probably so go along on the tha basis ot of Vanden bergs admitted stature in the field of for 1 eien policy and because of his p prestige in the senate TOP MAN soviets object over soviet protest brig gen carlos P nulu communist anticommunist anti campaigner from the philippine islands was elected president of the fourth united nations general as only the five nations of the soviet bloc opposed his election IGNORING the soviet attitude romulus first act was an appeal that the delegates make this gathering a real peace assembly according to newsmen yugoslavia apparently voted against the soviet bloc for the first time in the secret ballot for president but declined to admit it publicly the new president acknowledging that many obstacles to peace still exist said the danger of a new war had bad abated and that the delegates must press this adean i tage HE CALLED upon them to move mova fo forward boldly in the spirit of international ter cooperation called for by the mexican resolution approved unanimously in paris last year romulus Rom ulua choice as chief of the assembly was seen as indicating friction in debate on issues as the soviet bloc could be expected to fight the communist anticommunist anti leader at every turn where opposition could bo be maintained top russian delegate had also spoken out tor for harmony but on the basis of past performance by the russians his hia attitude was open to doubt RAILROADS one fireman the tha brotherhood of locomotive firemen and Engl nemen like it but nevertheless there would be only one fireman on diesel locomotives the presidential emergency board had ruled that a union demand for a second fireman on these locomotives was out ot of line rejected the demand THE BOARD said simply that there Is no need for an extra fire man on diesel powered locomotive locomotives now in use TRADE BODY carson okayed oklyed despite some vigorous republican opposition john J carton carson was confirmed by the senate as a member of the tha federal trade commission the truman appointee was confirmed by a vote of 45 to 25 carsons economic views came under heaviest fire from the republicans with many charging him with lack of sympathy for or the american free enterprise system carson 59 Is 13 a former newsman |