European Stars and Stripes (Newspaper) - February 24, 1948, Darmstadt, Hesse                                Page 2 the stars and stripes february 1941  in by financiers 4jk Boom attributed to expansion of credit new York is enjoying a Prosperity Boom unequalled in the nations and the next turn in the country economic Cycle will inevitably be a the research department of the Chase National according to the the is going through a superlative phase virtually every thing in the country is Tho highest it bus Ever Industrial production is higher than during any peacetime period of similar length agricultural crops and income in the past two years have been the largest in history the past in months have seen unprecedented retail Trade commodity prices arc now above the inflationary period follow ing the Ovil War prices being paid by the consumer arc higher now than in any period of War or and at the present Tim americans arc eating More and better wearing better clothing Sunj enjoying better living quarters than Ever underlying cause of the is the wartime expansion of govern Mem borrowing in unprecedented amounts at artificially Low the report necessitated heavy borrowing from the commercial banking system in government borrowing from the banking system reached a Peak Well above mine Hazard seen until 56 i q3tdow mines Laid by aircraft in Northern european Waters May be a Hazard to ships until but on most regular navigation routes the danger has been John financial to the told the Rouse of a moored mines in the North have been swept he but ground mines were Laid by aircraft in areas covering approximately Square Miles and it is impossible to remove them All by Dugdale but channels marked by buoys have been cleared through such Fields and danger to ships staying within the Chan Nels was called ground mines become inert with but some May be dangerous until Dugdale such he were most heavily concentrated off the coasts of hol land and in the last Quarter of 65 mines were washed up on shores of great Dugdale seven were of German the new York Slock near the head of Broad Street in downtown new York and photographed from the Comer of Wah is the nerve Center of americas financial and India trial at the right is of George Washington erected on the spot where he look the oath of office As first president in at left is the Entrance to the booking House of the late Pierpont chiefly As a result of this sex liquid asset in the Handset the american in creased from about in 1939 a similar to that of 1929 to about at the end of the increase of More Titan 250 per the desire of the consumer to achieve a Standard of living de Nied him during the War spanked the postwar flame of buying newly acquired liquid assets provided the fuel Supply and de mands for american goods from abroad fanned the Chase said a plethora of liquid assets in the hands of the Public and an Avalanche of consumer buying Are the two prominent features of the retail the report have been Selling Worth of Mer Chandise for every dollars Worth russian schools training youth workers Moscow labor Reserve schools for boys and aged 15 to 19 who Are trained while at work promised to hand Over to the Peoples Economy qualified workers this about six times More than last will go into the Coal Fecto to Metal to transport and thousand to the schools promised during training this year they will pro Duce tons of Manu facture Metal atting machines and Worth of various another youths during training produced tons of tons of re paired locomotives and railway manufactured Meta cutting Worth of tools and 000 Worth of agricultural Machin the Reserve schools called up twice As Many students Las year As in 1946 and expanded the num Ber of since the labor Reserve system was established in 1940 a total of youths have gone through by 1950 the annual Reserve callup is expected to be i years 1944 for the fifth time in six Days fliers heavily bomb Axis Industrial cities in 1945 at Premier Ahmler Ahmed Maher Pasha is shot and killed in parliament after Reading a Royal decree declaring War on Germany and 1946 Bombay is reported quiet with few 1947 Franz von former Reichs is sentenced to eight years at hard yanks warned on with guns games with firearms leads Only to injury or court the constabulary Provost marshal Section noted Here in a report on gun accidents during the past three second to smart Lecky play ing with deadly the constabulary found carelessness As a cause of the cases which were a Cross Section of such accidents in the in solved three deaths and six in Elmer c in a mock gun Duel with Donald Smith to see which was quicker on the Smith had squeezed the trigger of his the Case was logged As Man in the same outfit Gene Herrald received a Bullet wound in his leg As a result of a similar Duel with pee Edward because Durand Dewitt and pfc Glen both of the 7742nd were getting bored while pulling duty As train Adkins is now they bad decided to make their duty Ortr Inte rifling by the the death of military government Harold howl att was cited As an example of carelessness with howl att was instantly killed when the trigger of his Shotgun caught in an obstruction in his car As he was pulling the loaded weapon to Ward himself while on a Hunting he was shot in the pvt Harry below of d 53rd was wounded in the Arm when he Drew his pistol while on guard loaded it and kept his Finger on the trigger when the went inability to reduce outlays seen As weakness sold in although the Rise in food prices now takes 29 per cent of the Consumers con Sumers have taken All available merchandise from farms and fac tories in the employment has been to in recent higher than Ever before in wages Are breaking All but conflicting objectives Ham per credit control according to Chase to safeguard the Chaste credit expansion should be Lim the government is now so Large it is believed the govern ment Bond Market must be sup ported even though Furtow credit expansion would be another weakness in the cur rent Chase is the in ability to Cut Down government prices Aro and there is no certain basis for Chase which fur ther weakens the Prosperity according to credit must be kept sufficiently free to main join Domestic production and employment at or above present lev particular a in View of the we dare not allow deflation to Start once it it May be difficult to Chase can protects Flash bulbs new York Metal can in which photo Flash bulbs May be safely carried in air planes was announced Here today by Syl Vania electric last fall it was discovered that some Flash bulbs can be set off by the general electric aft that time sent wanting to the photo Industry asking them ship by Experiment showed radar Waves of 10 centimetres nearly six inches could explode some types of Flash these Waves set off bulbs within about 60 feet and occasionally at a Tittle More than 100 Boston dealer claims Only Gandhi portrait Boston noted Boston Art dealer said his gallery Eon gains what he believes is the Only portrait of Mohandas Gandhi Ever painted from Robert vase said the life  study of the assassinated Indian Leader was the work of the late Sarkis Katchadouria who painted it in about eight years Vose acquired it in 1943 while holding in exhibit of Katcha dorians work in his address All letters to b bar Kuh stars and stripes Apo include and address names Are deleted 01 Doe to space letters May be Cut Tor provided such editing does not alter meaning of the Orts us How to save food in a starving world is tally but in my year tour with soldiers shows Over the entire i have seen it shamefully wasted in the ing ways 1 by German who Cook German style for 2 by american mess personnel who either dont know of dont care Cook it in not thinking of the Fine Cooks finds in mess left Tench bad Cooks to make food Pulu Hiohio for americans do As like cooked lets not do stray valuable vitamins by cooking serve it raw in Cole Slaw to make up the salad raw arc so needed Over americans do not like s Nelly lets Stop wasting thu tax payers Money by buying please use Only my or ill starve wants Job in Topo i am one of the Man unfortunates that absorbed the Many promises that were conveyed to us at our respective recruiting and am definite appointed and extremely Dis and Lite Many others in the i was ignored insofar s the utilization of my ability is at the time of my reenlist Merit i had the Opportunity to convey with an army officer in the recruiting and by verbal understanding it appeared that the possibility of obtaining ii specific Branch of service doubt edly having bad three and one halt years of practical plus having been thoroughly in Aerial t should think that the proper u sigment for me would be with a unit such As topographical in i have the Mitov Fortune of devoting my time str a utilities a line of work which i have but Little interest in and no previous experience i maintain that a Soldier mis placed in assignment can be a disadvantage to himself and also detrimental to the m addition to depriving himself of Taining the knowledge he purposely reenlisted editors note a copy of tact above with was referred to the Tor personnel and  who advised that Mai assigned May make application under the provisions of a to his immediate cow manding for Transfer to the 66th Engineer Topographic Apo the stars and stripes so february editor chief William Summers executive editor John Kelly managing Ken Zumwalt sports Jack elite executive Maurice Kirkwood distribution service Bernard Mcguigan news bureaus 2281322814 Vienna b47184 Wiesbaden 76027590 Heidelberg 53945451 222802202 z97is5092 Stuttgart 1310476518 Garmisch Munich civil 18035255 or military 2929 the european edition is published daily at Tor the occupation forces under the auspices of the troop information and education service Neucom Frankfurt the Stais and correspondence should be addressed to stars and stripes Apo s mall to the new York office should be sent to 641 Washington y this is not an official publication of the reentered As second class matter sept at the at new under the act of March 3t79