Show DREW PEARSON i uncle sam as a banker MOVIE magnates and publishing houses have hatched a new plan pla n which may make uncle sara sam even more of a banker than he Is today at present europeans buy foreign language editions ol of magazines and translations of american books they also are flocking to theaters to see hollywood movies i but because they have little to export to this country in retura re turp tor for U S food and goods they do not have the dollars to pay the th e m maiet 3 va e producers and the magazine publishers result millions of 0 dollars in foreign currencies are accumulating in the capitals of europe to the credit of these american business firms some day they may be converted into dollars but nobody knows when some companies long have depended upon their foreign sales to keep them them out of the red thus are in serious difficulties with revenue from foreign sales frozen abroad therefore movie czar eric johnston now proposes that employed emp loyes of the me U S information service abroad be paid in hi currency of the foreign nation accumulating to the account of publishers and movie companies in return the U S treasury would pay off the home offices in good green U S dollars members Mern bers of congress who have been approached generally approve the idea they also see a possibility of extending it to use blocked funds tor for paying expenses of government personnel abroad who adminis administer the na marshall arshall plan |