Show DREW PEARSON future giants giant s of army T THE HE flight of a army plane across the atla 1 gave the first real hint that the air corps is quietly hn bui ing a nucleus for the use of robot planes in every type of fare officially this nucleus is known as the exper imn guided missile group a specialized unit whose activities clouded in secrecy but in time ol of war the iny guided missile group a P it spring into the young giant of the army j cocat located ed at eglin field fla this unit has not only V 2 rockets but planes under its scope its pilots and technicians can tit sit it I 1 controls of a mother plane and guide a squadron of bombers over a far several miles away what is more they actually can see the target tip beet k i television chief problem now stumping the guided missile group Is how bow to 1 operate wt without phout IL a mother plane or without radio navigation bea i cons in the country to which the plane la Is flying the pi loties wit AIR bomber that flew the atlantic to england could not have landed in 1 1 wo enemy territory radio guides in england helped it land pr another difficulty is the electronic brain which now pilots the compall pa I 1 it is too cumbersome k cb h AU AH these problems are being mulled over behind locked d doors oars at Es E a cons field which may become one of the mort important air bases in the wo TO in their spare time the young scientists at eglin field hav havi 6 on paper that they could shoot a plane to the moon by Y packing a boob charge which would explode alter after it reached the ionosphere to IM in i up they yet figured how to bring the rocket back or any arao era cal reason lor for wasting millions ot of the taxpayers dollars on the expert WALTER WINCHELL memos of a Mid nighter show folks are worried about the ton coming ang season slowest in years many shows ready lor for production are being retarded for lack ot of ma zoom treasury department figures for the first halt half ot of 47 reveal a drop of almost 27 per cent in the earnings ot of performers not in films stage night club vaudeville et cetera its funny fanny to see the manufacturers ma lowering the skirt lengths for housewives raised everything else for them the new style summed summed ap up long skirts for women long faces for men philip Mont batten must bl be m Prin printess fess elizabeth for love thi jhb alij in he 6 bl for her ber money 1 at thi C 0 room they were discussing tin she brit situation after all ait twit said a sym england hat has sane gone t bv eight lean years sure wu was D Pal gallinis Palli linis flit quickie leaning on list 0 towns meanest crook th the an who the counter coin box mk war orphans at hansons dansons Han sons Is isn yo that waiter at the mayflower resta kireo iss rant former butler toi to thrill years at albanys statehouse ai I 1 hyde park T pr esidell d the WALTER SHEAD its the cost of high living I 1 IT T MIGHT very well be that what the country Is suffering from most rit now is the cost of high living instead of the high cost of living there T no question but that in maintaining our high standard of living the ame can people are eating more and better than ever before but the fact act t r 14 mains that we are fast using up our reserve of savings and approximate 4 25 per cent of the people this year are spending more than their income incomes Inco the federal reserve board has just issued figures showing that for the first half of 1947 savings in the nation amounted to only 61 per cent of 0 income or about 11 billion dollars as compared to 17 4 per cent of income in 1915 1945 amounting to 29 billion dollars with the highest national income in history about 67 per cent of farmers were able to save some money and 20 per cent put away mor than 1000 in 1946 B but ut they paid off a lot of mortgages and other deb lelta lel tj H I 1 PHILLIPS playing the food market as fo 0 hectic c were the changes in food prices that bidders followed quotations the way bullish spectators followed stock market prices in 1929 news it item e M american barnyard hen egg we asked our broker today well you know about eggs the they Y can drop in fact they have to ab the e tendency of an egg is to come down rather than go up would you say we could put a egg away and forget it we asked hardly our broker admitted even with the best refrigeration hows lamb iamb doing in this market A friend of mine gave cave me a tip on it lambs are fast movers was the reply 1 I noticed that last night nigh while thile trying to go to sleep we said how is milk acting were on milk not bullish our broker answered 0 what are hogs doing as very good the three little pi pig reached a new high at the opening jiin UTO and the little pig that went alna I 1 and ea 1 I market has been cornered k thou ilist lo nUa thumbnail description lie he a 3 t was looked as battered as if he had bad I 1 mopes P been through a peace henry kaiser we learn from A lehiy gunthers book began his business busine ii career running a camera store at taj lake placid N Y nothing he I 1 attempted since has seemed out focus mr Vis Vl binsky was so 0 o ech restrained reech 1 in his recent speech that you could hear a peace drop bob millard hiluard says it Is becoming becom la increasingly clear that ernie bevin bevian has a heart of gall situation as summed up by Britis hers ALL THIS AND BEVIN TOO PAUL MALLON tax reduction Is likely sy A democratic senator back from the says people are not much muc im too bow mst interested in tax reduction lus his vote for the truman veto was not pro PM w to tested by his constituents other democrats back this view la in f set they I 1 11 krio roach a back it so well as to suggest a concerted plan has been made to talk 10 lo S r to this line to do A republican from the western farm belt found exactly the opposite situation unsurprisingly ln in his nearby state he says people are alive alim to tc the needs of venture capital and tax reduction and are not of the high public debt personally I 1 have found foud few taxpayers who were jwj not interested in tax reduction the republican reports mean a reduction redaction bill possibly stronger stron ter than last year will be enacted early in the session before the he primary elections as republican finance authorities in the house now dow are advertising they may revise income base rates almost entirely may wake make BO difference ia capital gains although excises may be cut in in halt half from down to roughly 10 per cent any bill undoubtedly will be retroactive lin tit til next january 1 it will not get to mr Tr desk until february 0 or march although republicans are likely to make lt it the first order of b ness WRIGHT PATTERSON incentive pay in britain ot of incentives to british Pin PAYMENT miners iners as a means of producing more coal was recommended by lewis H brown chairman ot of the board ot of johns manville corporation after a two month trip to europe made at request of gen lucius D clay commanding amer lean ican occupation forces in germany in all probability this is propos proposal would work but can it be epe expect ted ei that a socialistic g government ver ent il violate the basic a and fundaments funda da ments mental 01 principle of socialism that provides provide alno raes I 1 of cihi for an equality of distribution cressio regard rioter everything for everybody and less of individual effort or ability ability at e new who 1001 have t fabber did |