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Show si SCANNING THE WEEK'S NEWS f kajn Street and the World ! jc Urges Action Against China; p Farm Land Prices at Record Peak ' uaM WITH A MISSION At last, much to the relief of the aver "Jme-towner, the emotional thinking that manifested itself with th a?e n o( Gen. Douglas MacArthur to the United States, gave way to console con-sole sober reasoning as the general testified before congress con-N con-N silier the cause and results of his removal as commander in the Pacific, Stripped of the superficial, the general's testimony revealed him a with a burning mission to bring the Korean conflict to a swift and ""Uful conclusion. His objective was no different from that of the 'i -Utration, except by the method it could be reached. " 'ft; ! ' ;i - u ' i 1 f ' -. . : Unfortunately, at one point the general allowed himself to be maneuvered ma-neuvered by the politicians intc an all-out attack on the administration. adminis-tration. He did not question, however, how-ever, President Truman's authority author-ity to remove him, and he admitted ad-mitted he had expressed the opinion opin-ion that the Chinese would not intervene in-tervene in the conflict. But he called again for air attacks at-tacks on China proper, a naval blockade and use of Chinese Nationalist Na-tionalist troops. At this point he said he did not believe this would draw Russia into the fight. He added that Russia was in no shape for an all-out war in Asia. MacArthur's expressed opinion that there is no end in sight foi the Korean conflict and that some policy should be worked out to end the war, appealed to the man on Main Street. The question now facing the nation Is whether ta fnllnviT V, V- li j it, Before the Senate t tetlihing before the house and ' smite armed services and foreign ' fiUtions committees, Gen. Mac- S" Arthur pressed for a new far east WiCV and air attaK w vw. iiti 6amoj a yux;y aim His testimony was called a two- risk all-out war in Asia, or con-listed con-listed allac on 'h administration tinue with the more cautious one bj mny Republicans. advocated by the administration. THE OTHER VIEW And after MacArthur presented his views oi (,ow to conduct the war in Korea, the one military man who in the eyes 0 the home-towner equals MacArthur in ability and popularity, Secretary Secre-tary of Defense Marshall, told the congressional committees that Mac-Arthur's Mac-Arthur's peace appeal to the enemy last March destroyed for the time being any chances of a Korean war settlement. I Marshall made it clear that in his opinion MacArthur's war plans n wuld risk an all-out war with Russia,' expose Europe to attack, and per- 'l haps split the free world into two camps. Vs Step by step the 70-year-old Marshall disputed many of MacArthur's statements and warned against the general's proposal to step up the Xorean war by bombing Red China and forcing a Communist surrender, a It was MacArthur's outspoken call for this action and the use of Chinese nationalist troops that led to his dismissal. That is the other side of the picture. But the question remains which plan for achieving peace will the nation follow. It is a question that must s be settled in the mind of each Individual American, not just in congress. flan Z LAND PRICES HIT NEW HIGH Main Street economy is built around the land and what it can produce. And any fluctuation in land ii prices and Its products is a good indication of the economic future of the I home town. II Good farm property is in demand because people think prices are 'I going higher. Land is a good hedge against rising prices. With the gov- j erament indicating there will be a good market for every thing produced, , good farming land is a good investment. The agriculture department measures rural land values by a national nation-al index. This index uses the years 1912-14 as the base period. With 1912-H 1912-H prices as 100, the index in March stood at the record high of 193. This was 14 per cent above a year earlier, and 9 per cent higher than the pre- rvious peak registered in November of 1948. 1 MIDWEST FEEDERS HURT As expected, the OPS regulations roil-! roil-! ing back beef prices raised a howl of protest from cattlemen across the nation. But of all the industry, the midwest feeder was hardest hit by the tew regulations. -A According to authorities in the meat industry, 85 per cent, or seven Jj million steers slaughtered under federal inspection last year, came to 3 market over the feed lot route. But the feeder is now expected to cut down 'fe: oo operations for a time because he cannot buy cattle at a price that will jto pay him to fatten them. Fred Tomlin of Pleasant Plains, 111., said in his case: "There is no 10; reason for me to go out and pay 34 or 35 cents a pound for cattle with the toji prospect of selling them at 31 or 32 when fattened." li Iuibonoju Tkapyong SX Cwjyrss, KOREAN 0 10 20 I ' Communists Regroup to Attack ,, Beaten bach in a slaughter that claimed as many as 75,000 casualties, i Um"""ists in Korea regrouped for another thrust to the south. UN com- j 1'"p bel'evei fighting would stay in the area indicated in the above bisj d Tj BATTLE ISNT OVER The Communist spring offensive end-tL end-tL slaughter of approximately 75,000 Chinese and North Korean , Js wl'hout any notable gains. But the battle isn't over. The Reds re-A re-A . mt0 North Korea t0 regroup for the next phase which could mean ,7 aU"t attack at any point along the line. i ON Bay weU be that the second phase will begin at any moment. But commanders believe it, too, will end in slaughter unparaUed in his- twas clear that UN troops remain in Korea because of superior air M 4e JN aiU?ry and mobility. How long this superioity will remain on 'im,, " Chinese use their air forces in support of their troops, I s festionable. tmlK TWN BORROWING The home towner who thought his jl or sew 'at muc'1 needed road, school, water system, drainage fisappoatm0ntStrUCtion pro;'e'ct in the near future may be in for a biS tk I Wie'r E' Wilson' mobilization director, has asked states, cities, and Y made h Set clearances before borrowing in excess of $1,000,000. He ' l iefens 'S re5uests on the need to halt inflationary spending and to save I nse-needed materials and man power. Hemori !?10bilization chief also asked that soldiers' bonus payments, war ' ! dura' recreational and other postponable projects be put off for "ii botrm!j '?n 01 the defense emergency at least where funds must be ea 10 Pay for them. |