Show WEEKLY HEWS NEW ANALYSIS nourse raps haps deficit spending decontrol tails hils to boost rent military budget tops 15 billion E EDITORS NOTE I 1 when opinions are re expressed its in these they are those of 0 western tor union DOWS and not of this pap US SPENDING deficit system hit it seemed an obvious conclusion that the Preil presidents dents council of economic advisers was having little effect in influencing government officials to insist upon a real effort by the administration to put its financial house in order ANY such conclusion would have been bolstered by the fact that dr edward G nourse chairman of the council was wag quitting that body in an address before the national retail farm equipment association dr Nour nourse hit bagdat hard at federal de deficit spending and charged that the government Is slipping back into deficits as a way of life a instead of a deficit financing he said the government should be putting its fiscal house jn in order andus banding reserves to support the he t economy if less prosperous times overtake us 1 according to reports dr nourse had informed president truman that he was vas go going ng to leave the government ern ment although there was no word as to whether the president had bad accepted or would accept the resignation I 1 WELL PLACED official circles were said to believe that courses No decision to leave the advisers council was because of his belief that he had failed in what he regarded as a fight to keep the council on a strict professional plane of fact finding and advice giving divorced from political issues in his bis address nourse was critical of elements among labor agriculture and management chiding farmers for demanding prices labor for demanding shorter hours in the face of the need tor for increased production I 1 RENTS keep leyel level A rather surprising thing had happened A survey showed that lifting of rent control in more than areas had not resulted resul in wholesale S ale rent increases lifting of controls put pui into effect in wartime war timi began last april 1 TAKEN as a whole ho however vever rents inkey in key decontrolled areas did 91 up a little but the hike was not as severe as most observers observer had predicted p r edified the survey disclosed that landlord 1 react reaction lon to decontrol was spotty one major factor in the overall over all rent picture was said to be the number of vacancies available a factor which might after an all have considerable restraining effect on any appreciable overall over all gli rent increase some landlords raised rents but had to cut th atheni en again when tenants moved out also some landlords were still bound b by y leases issued in the period before decontrol according to the survey increases creases swe were re scattered rather than general in most places t THUS THE PICTURE of the rent situation generally is clouded by the factors enumerated factors which may of themselves have enough restraint value to hold down rent ren thike hike as well as a als inclination of landlords to raise rentals to levels most americans expected continuing strikes loss of income more accessibility of housing sites may all combine to keep any general and extensive rent increases from being mado made in the near future MILITARY billions if war comes america intends to be ready demonstrating that fact congress li finally nally got together on a record peacetime peace time military ampro privations bill to talling approximately billion dollars including fu funds ads to build the air force up to 53 58 groups BREAKING a month long deadlock and spurred no doubt by reports that russia has the atomic bomb house and senate hurried through the details of the final measure which went to president truman for appi approval oval in this action the senate finally bowed bowento to house housa insistence on giving the air force some 10 groups and million dollars more than president truman had requested for it CONCERN over the possibility of enemy atomic attack was indicated when congress also appropriated 50 million dollars to start construction of a vast radar screen designed to warn the united states of any enemy air attack BIG DAY break for kids underprivileged children in more than US and canadian communities muni ties will receive assistance from a far reaching program of youth welfare announced by kiwanis international and the national kids day foundation inc J hugh jackson stanford calif president of kawanis international in announcing the cooperative effort said the problems of underprivileged children gre are the problems of the entire nation but their solution depends upon local action there are more than kiwanis clubs which are geared tor for parti participation cl in the program at FOCAL POINT of the campaign will bo be the observance of an annual national kids day the first to be held on Satur saturday dayi november 19 when each community will be asked to enlist the support 1 of its citizens in meeting the problems of local youth the t kiwanis Prest president deni emphasized th that at national al kids day will not be celebrated a aa a holiday or used as a gift giving occasion it is our intention to use the observance of this day as a means of rallying the forces of each community toward solving local juvenile n ile problems rob lems he continued continue d by this means we hope bopa to raise additional dit ional funds to carry on a year round program of youth activity in cities and towns in the US and canada money raised in each community will be spent in the same community for the benefit of I 1 children CHARLES executive secretary of the national kids day foundation hollywood calif said his organization was formed last year to can call national attention to the right of underprivileged youth to enjoy some of tho the benefits beleff ts normally accruing to boys and girls in more fortunate circumstances the foundation also seeks to attract attention to the accomplishments of youth and to stimulate additional interest in the problems of youth DEFENSE A speedup the united states was moving swiftly to meet the threat of soviet possession of the atomic bomb president truman and the atomic energy commission had ordered a 30 million dollar expansion of atom bomb facilities at oak illidge aldge tenn and hanford wash THUS THE RACE to see whether the US or soviet russia could produce the most bombs seemed to be on and with it went any immediate ate hope at least for any international control of atomic energy the extent of the US effort in the race was seen when authoritative quarters announced that the new atomic plant construction program ultimately would cost million dollars chairman mcmahon D deconn DC conn onn of the congressional atom atomic ic energy energy committee called the project a major expansion effort mcmahon would not say that the at action stemmed from russian progress with atomic fission but there was a certain evidence of bastean haste inasmuch as white house clearance for the project broje ct came just six days after president truman announced the atomic explosion in russia |