Show I WEEKLY NEWS ES ANALYSIS ANALYSIS- Truman Alike Attlee Talk Over World Situation 0 U. N. N N Soldiers Retreat Wage-Price Wage Controls Are Hinted EDITORS EDITOR'S NOTE When opinions are expressed In these columns they are those of Western Newspaper Unions Union's news v. analysts analysis and not necessarily of this newspaper 1 CHA 0 1 t I I t HAl H UNG OK H N I Japan Sea I CHA I PYONGYANG N s I NORT TH KOREA KREA f fI Q o 0 0 f 0 I D t SOUTH I OREA Communist armies estimated to total men plunged out of Manchuria and smashed the United Nations offensive that was launched to end the war Pyongyang capital of North Korea was lost and UN U.N. troops retreated southward Military observers ers were hesitant to name a probable defense line One possibility seemed just north of Seoul capital of South Korea TRUMAN TRUMAN-A TRUMAN TRUMAN-ATTLEE A For Unity and Peace Prime Prune Minister Attlee of Britain and President Truman held a series of conferences in Washington during which the leaders of the two most powerful democratic nations discussed discussed discussed dis dis- dis- dis cussed the world situation in general and the Korean crisis in particular Although no official announcement had bad been made on topics under discussion discussion discussion dis dis- dis- dis reliable sources said they tried to solve three questions I 1 Should the divided badly outnumbered outnumbered outnumbered out out- outI I numbered and md already reduced forces of the UN U.N. be withdrawn from Korea as soon as possible or should they remain and try to fight it out 2 Should the western powers if they withdraw or are forced out then carry on a naval and air blockade of Communist China in an attempt to make the governing of China by the Communists as difficult cult as possible or should they reject such a course as an interminable interminable interminable able and fruitless operation and choose instead to divert their forces to the defense of Europe or and/or southeast Asia 3 Is a combination of these two courses possible For example would it be possible to arrange I through India or the U. U N N. N a cease cease- fire at the parallel with a view to W seeking an honorable solution and if it no such solution is offered then carrying on a limited war against Red China Observers were also quick to point out that the meeting of the two was further designed to show the world that Britain and the United States were united in purpose Many observers put the problem facing lacing the President and the Prime Minister this way To get peace cn en honorable terms if it they can but to continue to punish aggression if they cannot without becoming involved involved in in- in a general war with Red China and without getting too many of their forces pinned down in the far east The two men were said to agree on one point that Europe not Asia is the decisive theater of operations PRICES Hit New High The governments government's of living index soared to a record high of 1748 meaning 1748 per cent of the 39 1935 price average A seasonal decline in meat prices failed to halt the general upward surge in the cost of things that enter enter enter en en- ter into a family's living costs Apparel Apparel Apparel Ap Ap- Ap- Ap parel and house furnishings led the way but all major items in the family budget joined the climb The increase brought automatic pay boosts to nearly a million automobile automobile auto auto- mobile workers whose contracts are I geared to the rise and fall of the monthly price indicator Millions of other workers however find only a greater strain strata on the weekly pay check Middle income groups in the United United United Unit Unit- ed States especially the white collar collar col col- col- col lar worker whose wages are not tagged to a of living contract are feeling the pinch of increased prices KOREA Heartbreak Road The military situation in Korea reached the point where no one would predict what would happen next The situation Jas was as considered serious and before this reaches print may be desperate Military observers throughout the world were asking themselves if another Dunkerque was in prospect prospect prospect pros pros- They wanted to know was it possible or even practicable to attempt the establishment of a new defense line But several bitter facts could not be denied United Nations forces in Korea were in full retreat Pyongyang Pyongyang Pyongyang Pyong Pyong- yang was evacuated and the retreating retreating retreating re re- re- re treating army jammed the road to Seoul endless columns moving bumper to bumper The road up the peninsula had been bloody the one back was heartbreaking And as much as the free nations of the world hated to admit it the Communist armies of China had demonstrated to the world they could march where they wanted to in the face of stiff stilt resistance General MacArthur estimated that China had thrown as many as 1 men into the campaign Military observers said it appeared appeared ap ape ap- ap the Chin Chinese se were determined determined deter deter- mined to destroy the eighth army If It Lt Gen Walton H H. Walker commander commander commander com com- mander decided to stand and fight at some spot in South Korea Korea the U. U S. S army would face the greatest odds in its history Most observers admitted fr frankly that such a stand would be almost almot impossible against overwhelming odds And a defeat would mean the thel l loss ss of the entire eighth army The only other possibility was a beachhead like the one at with artillery planes and ships putting putting putting put put- ting up a wall of steel from behind which the eighth army could be I evacuated to Japan CONTROLS May Be Soon For the first time n a high government government government govern govern- ment official predicted that general wage price controls will have to be invoked to avoid damaging inflation tion The official was Secretary of the Treasury Snyder At a senate finance committee hearing Snyder said I should say that the situation as it is today to avoid woid inflation of ofa a damaging nature these general controls will have bave to be put into effect Alan Valentine chief of the federal federal federal fed fed- declined declined declined de de- eral control wage agency 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 he lawmakers we must look for and Find find very soon soona a plateau where prices and wages are generally in balance I hope we now are near It I There had been much private I talk about price and wage controls but this was the first time an official official official of of- I had publicly stated that the I time was near at hand One sad fact act must be faced however During During Dur- Dur ing ng the past months when It was I becoming more and more evident that sooner or later controls would have lave to be invoked the administration tion took no steps to set up the necessary machinery to direct them hem Now that the question is becoming more pressing there will be another er delay while t the h e government mobilizes a staff to direct control activities In Tn the meanwhile the thc n small towners of America can expect expect expect ex ex- ex- ex the price spiral to continue BOMB A-BOMB A Frightened World A frightened world heard President President President dent ruman tell his weekly news conference that the United States would fight on in Korea and would use the atomic bomb if U necessary Be Before ore his remark could be further further further fur fur- ther explained t the 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 to o put the announcement on the air Near panic on a world-wide world scale was evident for the first time in history The Presidents President's statement created created created creat creat- ed the impression that he had bad already already already al al- al- al ready given General MacArthur authority to drop the bomb A-bomb whenever whenever whenever when when- ever he considered It necessary and practical Some hours later however however however how how- ever a White House statement made madet it t plain that MacArthur had not been given that authority Although the situation had been somewhat cleared the question of using the atomic bomb and its status in the event of out all war caused a wave of discussion throughout the world Nearly every country in western Europe went on record against using using using us us- ing the weapon These nations obviously obviously obviously ob ob- ob- ob feared retaliation in kind from the Russians should the U. U S. S employ the weapon in the present Korean campaign Within the country the question was also top-most top in the minds of every American Most observers believed the public about equally divided on its use The main argument argument argument ment for Its use seemed to be it itis itis itis is the only weapon available that would prevent a disastrous military defeat in Korea and the loss of nearly American soldiers On the other hand Americans in every walk of life lie pointed out that if we used the bomb the Russians might retaliate by bombing American Ameri Ameri- can cities and thus launching dread ed World War III Champion r t i y t 4 sr I Big Springs Special and his bis owner Lloyd Robinson 19 of Big Springs Texas are shown Just after the steer won the International International International In In- Livestock Shows Show's championship The steer was sold for 12 12 a pound bringing the youthful owner It was a record price for tor the show PROFIT TAX House Passes Measure By a vote of to 20 20 the house passed an profits excess tax lax estimated estimated esti esti- ma mated ed to bring in from corporations In 1951 The measure is now expected to pass the senate and reach the White WhiteHouse WhiteHouse WhiteHouse House by New Years Year's No one had expected the measure to get action in the lame duck session session session ses ses- sion of congress The Korean crisis however made immediate action n necessary |