Show NEWS RE REVIEW YIE W farm budget cuts hit 0 train fares increased FARM FUROR stormy weather jeather possibly the most violent storm of the year according to the economic and political barometer Is the one which was raised when the house appropriations committee recommended a 32 per cent cut in department of agriculture funds for the coming year slashing more than million dollars from the amount asked by president truman the committee committe opened the flood gates tor for a deluge of protests from fr am clinton anderson secretary of agri biec B culture and demor TJ c r a t i c congress jk i 1 men who claimed W djs they w 0 u I 1 ad d fight sil the action right up to next years elec anderson amderson eions if necessary i declaring t that h a t the reduction directs a sharp cut at the interests of the american I 1 farm family and the general welfare anderson said that the greatest harm would be to the soil conservation program the farm price support program and programs designed to help veterans and low income families become I 1 better established the 32 per cent cut would eliminate the agriculture adjustment administration by july 1 1948 1943 currently the AAA is carrying on its basic program of promoting soil conservation on cooperating farms by paying farmers for following practices intended to increase soil fertility and hence to increase production the proposed fund slash would mean that farmers 1 this year would be paid about I 1 50 per cent of what they previously had been promised in answering the criticism the house appropriations committee said that its recommended cuts are selective and reasonable based on actual farm needs HOUSING unfounded hope popular belief that any substantial reductions in the cost of new housing will occur in the near future is not founded on realities that assertion was made by james C downs jr president of the real estate research corporation who explained that besides being geared to a high national debt housing costs like prices of other hard bard goods are directly affected by the large demand for american capital and production by other countries the housing shortage today Is worse than a year ago he said and it will continue to grow pr progressively 0 gres worse tor for some time he pointed out that increased earning power has put a greater number in the market for new homes but at the same time builders are afraid to start new construction st because of high costs the theory that prices would drop kept many persons from buying or building homes last year downs said TRAVEL PAY train fares up to offset increased operating costs interstate commerce commission authorized an approximate 10 per cent increase in basic passenger fares for 60 railroads operating east of the mississippi and north of the ohio and potomac rivers the change will boost one way passenger rates from 22 to 25 cents a mile in coaches and from 33 to 35 cents a miles in sleeping and parlor cars there will be an increase of about 15 per cent in coach round trip rates and about tour four per cent in pullman round trip fares in granting the increase noted that those railroads which requested the new rates incurred a deficit of 54 million dollars from passenger train operations last year ITS WONDERFUL long time peace announcing the immediate abolition of capital punishment in russia soviet authorities explained the move on the grounds that it was made possible by dussias Rus sias growing strength the peoples patriotism and the certainty ot of peace tor for a long time said the moscow radio the international ter situation during the time after germanys germanas Germ anys capitulation and japans capitulation shows that the cause of peace can be considered secure for a long time in spite of attempts by aggressive elements to provoke war meanwhile H herbert e r b e r t hoover looked on the other side of the mask to charge russia with attempting to bleed the united states through relief channels and blaming her tor for the economic paralysis ot of japan and germany he declared that futher relief will remain necessary as long as the soviets continue their obstructionist tactics and demands for reparations thus blocking peace treaties with the two countries and keeping their economies paralyzed french honor vincent auriol president of france decorates opera singer lily lill pons pon with the rosette of the he legion at 0 honor the french born artist has been making a concert tour of france |