Show SCANNING THE WEEKS WEEK'S NEWS of Main Street and the World I Maliks Malik's Korean Peace Proposal Causing World Wide Speculation THE TIMING WAS PERFECT Whether PERFECT Whether or not Russia's Jacob A. A Malik was sincere in his proposed fire cease-fire in Korea is a question that only time will answer but o of one thing the people in the home towns of ol America were sure the sure the timing was perfect The average man in the small towns of the country has a sincere de desire desire de- de I de-I I sire for peace He is sure of a number of things 1 US U.S. casualties now number and he wants his sons ons and brothers home 2 The war has I strained the nations nation's bipartisan foreign policy threatens to cause an I I even more serious internal split spilt 3 and the war has Increased the dangers dangers dangers dan dan- gers of Inflation throughout the western world J Perhaps the Russians realized these facts and picked the first anniversary anniversary an an- of the start of the Korean war for their peace move But the move was unusual in that Malik made no reference to any of ot the Korean L peace conditions previously set by the Soviet bloc a deal on Formosa admission of Communist China to the United Nations and withdrawal of foreign troops from rom Korea a- a It could be that the Soviet is r sincere But it could also be that the Soviet recognized the great propaganda potentialities potential potential- of a peace move at this time The home towners of the nation would do well to remember remember reo re re- re- re o p. p member however that Russia Rus Rus- sia is not officially in the J war The next step is up to the Chinese Communists If It the Chinese who have made madeno it no comment on Maliks Malik's proposition proposition proposition prop prop- indicate what he said actually reflects change in hi a The SI Silent 1 ent E Enemy nemy their Korean policy and a 3 deR deRain desire de de- de- de R Rain n and mud have taken aken over the battlefields bat bat- sire to end the fighting then Ile ields of Korea as the silent enemy of the man on Main Street can p j I the foot soldiers And u while tJ bile peace rumors allow himself to hope for 4 J 1 ll circulate te throughout the world orld the light fight peace i. i ing ig and dying ding goes on However if it the Chinese ignore ig ig- t t c I nore the whole business or restate their earlier demands for UN U.N. membership and control of ot Formosa Formosa Formosa For For- 40 1 mosa as the price for a Korean settlement then the suspicion that Malik was more interested in making propaganda than in making peace will be confirmed 4 I The US U.S. state department has indicated a willingness to play its part partin in bringing an end to the hostilities in Korea if it Maliks Malik's offer is more than propaganda But until there is some concrete evidence of sincerity in the I proposal the US U.S. will act with caution At the moment that seems the only sensible attitude to adopt It is one the home towners may find best to follow THE BALANCE SHEET SHEET SHEET-As As the first year of ot conflict ended in Korea the fighting was as bloody and dirty as the day it began But the balance sheet would indicate the Communists have lost the first round in their planned aggression On the credit side of the ledger 1 The first UN U.N. battle force was raised and integrated in the initial bloody weeks 2 the US U.S. and her allies were dynamited into world-wide world alertness and rearmament 3 Am American rican military forces have learned valuable military lessons developed t new techniques and tested much of the enemy's strategy 4 the west has proved it will not abandon the small nations of Asia and Europe and 5 the North Korean army has been mangled and the Chinese have had startling startling startling star star- losses estimated in all at casualties On the other side of the ledger 1 Allied casualties have been heavy for peaceful nations approximately 2 most of the west's military mill mill- tary strength has been hobbled to a peninsula of secondary world-wide world importance importance importance im im- im- im 3 the Russians have lost only one known combat man in battie battle bat bat- f 1 tIe tle 4 conflict has hastened the financial drain and made inflation more dangerous in the west 5 Communists still retain the initiative in Korea and throughout the world THE YEAR OF INFLATION Since INFLATION Since the Korean war began on June 25 1950 livestock prices in this country have increased 3 to 10 a hundred pounds At the same time livestock production was much greater during i the past 12 months than the preceding twelve A year Jear ago hogs were no higher than 2050 Today they are selling at 2350 and last summer went to 2550 a hundred pounds The cattle trade is about 6 a hundred pounds higher than a year ago although production ran 20 per cent above the 12 months preceding the start of the war When the war broke out steers were selling downward from Currently they are topping at Sheep and lamb production has changed slightly but prices have developed developed developed de de- de- de much higher Best lambs are about now down from rom in March but compared with 2850 a year ago Ewes are topping at 1750 now down from 25 in February compared with 1050 a year ago |