Show WEEKLY NEWS ANALYSIS By Edward C. Wayne Budget in World's History For Expanding of U. S. War Program Will Cost Nation 56 Billion Russians Continue to Push Back Nazis by Western 1 SOMEWHERE IN Veteran Chinese soldiers of this pictured at a railway station in arc advancing toward Malaya to aid the hard-pressed forces of the British against the It was reported that veterans of this type took part In the slaughter of Jap troops In the Billions on Billions Americans who had been given grim satisfaction by the President's stirring message to congress faced with what courage they could muster the huge bill that will have to be 56 billions of to a had told the President will give you the had can and will do and labor will not stop And the with surprisingly little but with no small measure of decided to dig down into its earnings to foot half the bill this Twenty-seven billions of taxes of nine billions on top of 18 billions were to be levied to meet as much as possible of the due bill as it is spent On the basis of the expenditure In taxes for the federal war added to whatever local and state taxes might be would be for each woman or for a family of That of course was an with those better able to pay shouldering the larger portion of the The war expenditure estimate was thus brought to or three times the total cost to this country of World War Roosevelt frankly had told newsmen it was the biggest budget in the history of the Government authorities said it was twice the estimated annual war expenditure of On top of the it would be necessary to borrow 32 The national would skyrocket to or about three times the huge figure of The nine extra the President would be divided Into seven billions In direct taxes of various though he said he opposed a general sales The other two billions would be in the form of new social security Existing taxes of all descriptions would be and they have been estimated as due to produce 18 The war allocations had been split as billions for 17 billions for supplement but unspecified seven billions to the billions for the lease-lend 1 billions for the maritime commission's merchant ship the rest for miscellaneous Perhaps a billion can be lopped off of non-defense government the President said that is Local and Britain was exultant over the believed it adequate for the swiftest possible the administration to the skies for the stand it was and the X-Y-Z or all-out plan to win the One London headline had been typical Yanks Are which was the British answer to President Roosevelt's promise to send to the British Isles a large Australian John said the President's plan was one for and Italy called the plan and and was not to be the Italian censors did not permit the newspapers to publish the figures tanks in t Germans also were not allowed to discover what the American production plans and the Reich sources were calling the program a of previous utterances by the Italians wont further and said that these armaments wore all in the a future that would come too laic Still Pressing Reports from the Far Eastern with the exception of were uniformly continuing stories of increased Japanese pressure in occupied and uniform efforts to extend Japanese The British had doggedly been holding on in but steadily and slowly falling back toward The Japs apparently had complete mastery of the air in and it was deemed only a question of time how long General MacAr-thur's army could hold Where the main defense was coming was obscure and remained a military but there were certain indications which were said to be giving Tokyo plenty to worry For the naming of Wa-vell as supreme and the placing of a well-trained Chinese army in together with other Allied readying themselves for an onslaught on the Japanese rear at Malaya was one of Another was the American and Australian insistence that strongest possible aid be given to the On top of this came the word that Java would be chosen as general headquarters of the Allied A glance at the Southwest Pacific maps showed the position of Java and Sumatra and their relation to the Malacca straits and the open ocean route to the south to and plainly indicated the general tactic that was most likely to be to break supply lines along this would have to move a considerable naval force out of the China sea and into the open South Pacific and that could only be done with grievous results to the land Increasing Pace News from Russia had been uniformly with towns reported captured in one enemy troops and huge quantities of booty Hitler went to the made his headquarters at and suddenly found he was only 45 miles from where the chief fighting He was believed to have moved his headquarters hurriedly farther to the The Crimean debacle was equalling the disaster befalling the German arms in the north around Turkey had temperatures far below coldest in Turkish and that was an indication and their Italian and Rumanian allies had to stand In the ordinarily the warmest part of The Germans were resisting most strongly on the central front In the north the Russians had even recaptured Hogland which had been taken by the and it was evident that the reportedly deserted by their Nazi were rapidly getting into the safest possible and losing one dangerous spot after In addition to the successes for the Reds on the Crimean which were rapidly raising the siege of the Russians were gaining in the Donets British W inning British sources reported they had evidence that General Rommel had virtually given up hope of eventual retreat from and had resolved on a pitch battle in the most favorable ground he could This was a plateau on which there was considerably more clay foundation than desert which would aid the German mechanized forces and afford better than average landing spots for planes Has Prospects President Roosevelt was seen by senate leaders as opposed to the proposal of the farm bloc to have secretary of agriculture given authority to exercise veto power on wartime controls of farm Senator Brown of Michigan said that the President approves a single price administrator all price Including those of farm conceded that the farm bloc had powerful and that the vote on such a If it came to would be close Secretary is getting support for the post of farm price czar from both The j of is between him and Leon the price Under the present Brown pointed wheat would be a The average market price on December 15 was Cotton similarly could be purchased for cents a and could go to cents before the law would take over had currently been selling higher than it would under the he Also getting considerable support was a Senator Taft proposal that neither nor Henderson be given farm price but that it be vested in a board of five This Taft proposal might form the test of sentiment on other two Victory The Chinese victory over the Japs at was termed by Chiang Kai-shek as a possible turning point the It was the third successive setback for the Japanese at this and the most Some Chinese newspapers were urging that the Chinese armies now strike into Thailand and Indo-China direct to menace the Jap rear and relieve the pressure on The Chinese said that in addition to the Japs killed in the they got more as the fleeing Nipponese attempted to cross a nearby with Chinese lying ambushed on the far A Jap force of was said to j be trapped in one The total estimated Japanese strength of the j drive on was Few of according to were able to get away to the J Raid the Army authorities in Washington said it definitely in the that Germany might try to get their two huge dirigibles into the air for token raids on the east coast of the United It was revealed after the last war that the big transatlantic Zeppelin of those days was being groomed for just such a but which never came The sister ship of the Von which was destroyed by flames New Jersey was said to be still in together with another Zeppelin of the L-Z capable of flying the Each of army men could be loaded with 10 bombing could drop them to take-offs within easy flying distance of cast-coast they pointed it would be possible for the airships themselves to be loaded with an enormous quantity of bombs and to make a flight over one or more eastern dropping their deadly cargoes before planes could shoot them Terrific raids on occupied countries in Europe were believed the definite forerunner of an invasion attempt on Europe by the it was said informed The Invasion Is set for Canada's production for war will be nearly In line with the President's plans for the United j |