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Show WEEKLY NEWS ANALYSIS U. S. Forces Advance in South Pacific As New Air, Sea, Land Blows Hit Japs; 1944 Farm Machinery Output Doubled; Germany Stunned by Berlin Bombing (EDITOR'S VOTE: When opinions are expressed In these columns, they are those of Western Newspaper Union's news analysts and not necessarily of this newspaper.) I Released by Western Newspaper Union. . WORLD RELIEF: Big 4 to Cooperate In accordance with the principles of the Big Four pact of Moscow, the U. S.. Britain, China and Russia will work together in the United Nations Relief and Rehabilitation administration adminis-tration for obtaining supplies for the postwar's needy countries. The U. S Britain and Russia will co-operate in estimating the requirements require-ments of the different European peoples. To get the necessary supplies sup-plies as speedily as possible, it was suggested that raw materials be especially allocated to pre-war industrial in-dustrial nations with available machinery ma-chinery for manufacturing goods. United Nations not invaded are to contribute 1 per cent of their national na-tional income toward a fund for financing relief and rehabilitation operations. Rationing After War Because of prospective demands on U. S. food supplies for feeding SOUTH PACIFIC: Yanks Advance Less than a week after U. S. forces under Maj. Gen. Holland mith swarmed onto the shores of the Gilbert islands of Makin, Tarawa Tara-wa and Apamatna, the stars and, stripes floated bravely oyer them and most of their 6,000 Japanese defenders lay dead. Even as U. S forces were mopping mop-ping up the Gilberts, from which the enemy once menaced Allied supply lines to the southwest Pacific, Pa-cific, American airmen struck another an-other heavy blow at Jap naral ? I - other nations, rationing ra-tioning will not only continue but also may be more severe se-vere after the war, Secretary of Agriculture Agri-culture Claude Wick-ard Wick-ard told a senate , committee. Declaring that the time needed to feed other people will determine de-termine how long rationing will go on in this country, Wickard said the severity of the control con-trol will depend to Claude Wickard ft"1' "nkw ; -niti i in i nninii iMtfitfilfirfii CONGRESS: Ban Subsidies To the senate for approval went a house bill prohibiting payment of subsidies to reduce or maintain retail re-tail food prices and only allowing their use to stimulate agricultural production. Championed by the administration as a means of keeping living costs down, retail subsidies were attacked in the house as inflationary, in that such savings to consumers only added add-ed to their purchasing power, and money borrowed for the purpose increased in-creased the national debt. The administration is now spending spend-ing approximately 800 million dollars dol-lars annually on retail subsidies for meat, butter, milk and other products. prod-ucts. Under the house bill, subsidies subsi-dies would be continued only for domestic vegetable oils, fats and oil seeds. In approving subsidy payments to stimulate production, the house voted vot-ed to extend the life of the Commodity Commod-ity Credit corporation to June 30, 1945, and maintain its borrowing power at three billion dollars. CCC also was given permission to resell re-sell at a loss perishable fruits and vegetables bought to support prices. Vote for Higher Taxes Also to the senate went a house bill providing for 2 billion dollars in additional taxes, far below the lO1 billion dollars requested by Treasury Secretary Henry Morgen-thau. Morgen-thau. Largest source of new revenue in the bill would be obtained from taxes on goods, such as beer, liquor, jewelry, luggage, bulbs and cosmetics, cosmet-ics, and from services such as telephones tele-phones and telegraphs, amusements, transportation and club dues. Adjustments in individual and corporate cor-porate income taxes would provide substantial revenues, with approximately approxi-mately 600 million dollars being obtained ob-tained from additional levies on business. Local postal rates would be increased in-creased to three cents and, charges would be raised on money orders and special deliveries. a great degree on the supplies we have on hand when the war ends. All tillable land out of the 20,000,-000 20,000,-000 acres owned by the government should be returned to farming by sale or lease after the war, Wickard said. WORLD BANK: For Reconstruction To join with'private capital in reconstruction re-construction and rehabilitation in the , ," f Maj. Gen. Holland M. T. Smith forces serving their embattled troops on their last Solomons' holding hold-ing of Bougainville island. Of a force of six Jap destroyers, two were sunk by torpedoes and two more by gunfire by .a smaller squadron of U. S. warships. In ground fighting on Bougainville, Bougain-ville, U. S. forces expanded their base of operations under support of heavy artillery barrage and bombing bomb-ing attacks of Mitchells and Venturas. Ventu-ras. FARM MACHINERY: Doubling Output Rationing of farm machinery will postwar era, the U. S. treasury has proposed pro-posed a world bank and laid details before be-fore congressional committees for study. Announced by the treasury's financial wizard, Harry D. White, the bank not only would help in advancing long term credit for rebuilding the shattered economies econo-mies of nations, but in some cases it Harry White EUROPE: Fortress Smoulders With its home front rocked by Berlin's devastation by 1,000 RAF bombers, Germany sought to bolster bol-ster the southeastern flank of her mouldering Fortress Europe by turning to military maneuvers to influence in-fluence wavering, neutral Turkey. While Berlin's populace dug out of its ruins, Germany was reported moving troops through Sofia, Bulgaria, Bul-garia, (o the Grecian frontier, be reduced to 31 types next year as increased raw material allotments will allow the manufacture of almost twice as much equipment as was made in 1942 and about 80 per cent of the 1940 total. Production of repair re-pair parts will be unrestricted. With sufficient carbon steel available, avail-able, only uncertainty of supplies of anti-friction bearings, malleable castings and forgings is ruffling farm machinery manufacture. As in all mechanical production, bearings bear-ings are the chief bottleneck. Despite the improved outlook for farm machinery, difficulties may arise from the scarcity of hauling vehicles, including trucks, and in acquiring ac-quiring replacement tires for trucks now in operation. LIVING COSTS: Up 23 Per Cent While the War Labor board's "Little Steel" formula restricted wage increases to 15 per cent over the January, 1941, level, living costs have risen 23.4 per cent since then, according to figures of the department depart-ment of labor. Originally, WLB awards were based on a 15 per cent increase in living costs from January, 1941, to September, 1942. Since September, 1942, however, there has been another an-other 5.6 per cent rise, with labor demanding a corresponding reduction reduc-tion in living costs or higher wages to equalize the present condition. Further, labor charged that the government figures on living costs were inaccurate, and the President appointed a special committee to look into the subject. WORKING WOMEN: More Needed With IBM million women already at work, another million are needed to round out war production demands. de-mands. As of October, only 700,000 people remained unemployed, and with this sharp reduction in the number idle, it has been found necessary to call on women to fill in many jobs, especially espe-cially in busy war production centers. cen-ters. The extent to which women have been recruited for industry since the armament program got under way can be glimpsed by the fact that only 10,800,000 were working in October, Octo-ber, 1940. would also guarantee guaran-tee repayment of loans made by private pri-vate capitalists. U. S. contribution to the bank would amount to 700 million dollars at the start, and possibly 3 billion dollars in all. Great Britain would advance less than a billion dollars, Soviet Russia's share would be sub- . stantially less. RUSSIA: Counter-Punches Red armies launched a heavy attack at-tack on the northern sector of the 1,200 mile Russian front as German Marshal Fritz von Mannstein's troops pecked out new gains in the vicinity of important railroad junctions junc-tions to the west of Kiev. In their drive in the north, the Reds took another step closer to the pre-war Polish border, and pressed against the upper section of the railroad rail-road system constituting the Nazis' last north-south rail link in Russia. After recapturing the rail hub of Zhitomir in a whirlwind comeback, the Nazi attack lost some of its impetus im-petus against stiffening Red resistance, resist-ance, and although the Germans beat forward for further gains and spread the scope of their drive northward north-ward to take in still another section of the rail line previously cut, their pace was slowed by concentrated Russian artillery fire. U. S. SPENDING: Sees Need Special advisor to the board of governors of the Federal Reserve bank, Economist Alvin H. Hansen proposed annual government expenditures ex-penditures at the rate of 15 to 18 billion dollars to prevent postwar depression. de-pression. Declaring that the last great depression de-pression was the result of a drop of 15 billion dollars in private investment invest-ment between 1929 and 1932, Hansen said it was necessary for the government govern-ment to develop a program for meeting meet-ing such crisis, so as to halt big dips in consumer buying and attract capital back into business. The present war will be followed by a period in which people will spend money for accumulated needs, Hansen said. But unless government gov-ernment stands by with some kind of program to take up the slack in employment that will follow the filling fill-ing of all these orders, we might well run into another depression, Hansen asserted. LIGHTING: A new type of electric light that requires no wires, but obtains its current from a beam of high-frequency radio energy, was demonstrated demon-strated recently in New York. Experts Ex-perts said that this will be the lighting light-ing of the future. Also shown were radiant heat lamps that gave off enough heat to cook food, and a mercury mer-cury vapor lamp, the most brilliant known. It uses 10,000 watts, and produces a light one-fifth as bright as the surface of the sun, it was reported. re-ported. I German Foreign Minister Von Ribbentrop (at right) greets Bulgarian Bulgari-an regent, Prince Kyrill (at left), while Hitler looks on in background. fronting Turkey. The moves closely close-ly followed the Nazis' recapture of the strategic Aegean islands of Kos, Leros and Santos, from where they could threaten Turkey's western coast. The Germans' movements appeared ap-peared to he their answer to Allied pressure on Turkey to cast her lot with the U. S., British and Russian cause. Under terms of the Turkish-British Turkish-British alliance of 1939, each country coun-try promises to come to the assistance assist-ance of the other if attacked. In Italy, Britain's 8th army occupied occu-pied lowlands along the Adriatic coast, in preparation for an assault against the Nazis' mountain positions posi-tions immediately to the north. U. S. casualties in Italy since September Sep-tember 9 were placed at 1,613 killed; 2,685 missing, and 6,361 wounded. |