European Stars And Stripes (Newspaper) - January 27, 1950, Darmstadt, Hesse Page 6 the stars and stripes Friday january 17, 1950 Fairless says steel makes Small profit Washington a Ufi. 2g up . Steel told Congress it has not make a 1 so profit in 20 ? representatives also said the rest of the steel Industry in to Mak ing ,. Til f. Fairless president and Enders m. Voorhees chairman of the . Steel finance committee testified before the joint con economic commit tee. Fairless said it is not possible to figure what a fair profit would be. But it certainly would be some thing greater than we Are now get he said Las year s 5.95 per cent return to stockholders after taxes was too and Voorhees attributed . Steel St cent s3.82 a ton Price boost to insurance and pension costs arising from last year s steel strike settlement. Fairless said the Price hike was modest and would not Hurt the Economy. The witnesses said that if expanded Federal Security programs Cut . Steel s pensions costs the corporation will consider Price cuts if other costs Haven t gone up in the meantime. Fec Southern democrats won another temporary Victory in their fight to Block House action on fair employment practices up i or House debate. The southerners conceded however that the Bill probably will get to the House in another three weeks. Under House rules special machinery is provided for by pass ing the committee when it delays clearance of a measure. A Southern Democrat Republican coalition failed last week in an Effort to abolish these special rules. Atomic the House in Amer ican activities committee was told that a new York uranium dealer who sold some of the atomic raw material to Russia in 1943 knew at the time this country was trying to make an a bomb. The dealer Boris Pregel was sales agent for Canadian uranium mines which later were taken Over by the Ca Nadian government. Or. Phillip l Merritt now an official of the atomic Energy commission testified that Prugel sold Russia 1,000 pounds of uranium compounds in violation of a contract to sell the . All of the Ore he could get. Healing body and soul us protests Seattle Bias on Supply bid Washington in. 2s a a British representative has lodged an official protest with Marshall plan authorities Over alleged discrimination against he Purchase of British electrical equipment by the Day i Seattle. The objection was lodged by sir Cecil Weir chairman of Britain s Dollar Export Board at l conference with William g. Foster acting Nead of the economic cooperation and Jalnis Ermion. An Ega spokesman the Dis Cussion concerned rejection of a Low bid submitted by i British company to Supply Seattle s municipal Power system wills transformers. The British firm. Ferralli ltd., is reported to have submitted bid $20,000 below that of the nearest . Competitor. British authorities feared the action might discourage British manufacturers from seeking Amer icon business of this Type. The dec a has urged Britain to expand her . Markets to relieve her Dollar shortage. Cotton group asks Posl Erp so Europe can buy product Memphis Jan. 26 up the National co ton Council voted to Aak the u. S. To help provide Europe with dollars 10 buy american cot ton when she Marshall plan ends. Head p. Dunn. -jr., the Council s foreign Trade director said Scarcity of dollars abroad after Aid ends in 1s53 is the biggest headache facing cot on exporters he said Many european countries warned to buy now with Ega Money but had been forced to Cut their purchases because of Trade in. Balance. Eca oks s4,500,000 to retool us Ford Plant Washington Jan. 26 a the economic cooperation administration announced Ilia it has approved the spending of s4,300.000 of Eca funds to help finance retooling of the Ford motor co. Ltd. Of eng land. While the project is essentially one of replacement and modernization rather than increased production it is expected that retooling will make possible an increase in output of about 10 per screen celebrities linked indo Pering Hollywood. Jan 26 a Hollywood police said the names of a great Many film celebrities have been found in the apartment of a Man accused of operating a �1,000 a we a marijuana drug ring. The police Are keeping the names Sec ism pending incs gation. Nathan Polk 2gr arrested on a Hollywood Street Corner was freed on �1,000 bail pending a preliminary bearing on charges of possessing marijuana and Virginia Lee Stacy 22, arrested in Folk s Flat is held for trial on a similar charge police said. Independence mayor Dies Independence to Jan. 20 a Roger t. Sermon a close Friend of president Truman and mayor of Independence for 26 years died of a heart attack As he was leaving the City a i. Of establishes research unit Washington Jan. 2 3 a the air Force yesterday gave top status to research and development by creating an additional Deputy staff chief and a new command to supervise All work on air weapons and their use. The new command the air Force said Wil rank with the strategic Continental and material commands. Gen Hoyt s. Vandenberg air Force chief of staff named maj Gen Gordon p. Saville Deputy Chiel of staff and maj Gen David m Schlatter to the research and development command. Vandenberg said creation of the two new top flight posts would not change the Over Al manpower strength of the air Force. Two re search and development director ates now functioning at air head quarters will gradually be absorbed by the new staff and com Mand organizations. Schlatter has been senior air member of the atomic Energy com Mission military Liaison committee Singer White Bride ask press end scenarios new York Jan. 20 up negro Singer Billy Daniels 34, and his pretty Young White Brida returned their honeymoon cruise yesterday with a plea to the press to Stop printing scenarios about Daniels and his wife the former Martha Braun 21, daughter of a social in prominent Massachusetts family were among 337 passengers who arrived on the liner italia after a cruise to the West indies. Edges asks reel Prohor in state dept. Washington -. i in in Ivr Elsry. Brici i i c i ,. Find if s. N t1" j1 chill ii a i or. George a Merrill Baltimore physician and ordained episcopal Clergyman combines his two life interests Medicine and religion. Above he prepares to attend his religious duties. Left he is shown in Bis week Day office. Merrill believes that to be completely healthy one must be healthy men tally and spiritually As Well As he has been a medical Man for 10 years. Acme photos Truman sees great benefit9 in 75-cent minimum pay says social Justice dictated Law Washington Jan., 26 a president Truman looks Forward Ito great and lasting benefits from the new 75-cents-an-hour minimum wage Law which has gone into effect. Asserting he u. S. Will not relax her efforts to provide a better life for All our people,1 or. Truman said raising 01 the minimum rate from 40 to 75 cents an hour was dictated by social the Law to which the president called attention in a 700-word statement was a key Plank in his 1948 Campaign. Ours is a growing society,1 or. Truman said. We cannot afford to stand still and we cannot afford to have our legislation become out he said the 40-cent minimum wage Standard had become of consequently in 1949, we re exam i n e d and re appraised the Federal wage hour Law in the Light of the 11 years experience we had with it and in the context of our present $250,000,000,000 National Economy or Truman continued. " the our modernization of this Law. As now amended the fair labor standards act is a Good Law. But no Law can be drafted which will not need re examination in the Light of subsequent developments i have therefore asked the Secretary of labor to keep me informed on Tine operation of the new no great fortunes seen by Sawyer Chicago Jan. 26 up Secre tary of Commerce Charles Sawyer said few men will make huge fortunes in this generation Bat marked Success in business was open to any Man. He told a Bankers meeting Here that this Outlook was not disastrous r Sawyer said the govern ment is prepared to do its part to help maintain Competition and strengthen and build Small business throughout this we believe that businessmen should be allowed to make profit but we of not guarantee that prof it. I think that opportunities Lor great business Success in America Are still Here Sawyer said but i do not think in All honesty that accumulation of great wealth is skely to come to Many men of this generation . Sets pay record of $56.20 per week Washington Jan. 26 apr the . Established new record in weekly pay and reached the year s highest employment level last de Cember the Bureau of labor statistics reported. Average weekly earning for 11,500,000 production workers in manufacturing establishments Laa month was �56,20. A 1949-record of 43,700,000 person was reported in Industrial and commercial employment. N. , of -. I s chiefs of St. F i s Summ y in fired it v --.,--jd inc in on the Chi 1. A i v far Kast Bridi ies said Usu to i Lin science in . --.-ru1 Philip c. i Furich a onion Daunus of the i dec Iuse of Jessup s recent Irv in behalf of Hiss. Bridges accused tilt ii t or Idem to Osievelt of. To ,11 the y to i Ruti t-r1. V he said or. Roosevelt Urt cd Liis his health , he so added he i -.v.i1 at i Side at a i. He likened . Pour Rich a to Tisaj. Followed by for intr Brit a prime minister Neville a i Iive thin Ai Munich. Formosa put icy con i via gain Little by que Trasti Miny Fohir Sun and Bradley on president s recently announced Chancis tit Pilu a in Formosa. Both i believe will a score Fry of state Dean a a position that Formosa strategic importance t in i pattern of events has in Licini Matingly follow the Lin Down by the president b he sri d both Johnson an. In d know they i be suing by by the commander in cite will Brook no in Boru in i i n division of largest Oil Field believed in Canari Washington. Jin. To Canada May have discovered in. Alberta the biggest Oil Field it found in North America it revealed. The find was reported to rhe House by Interior Secretary Oscar Chapman at a recent hear Irr. The matter came up i a priv. Discussion of the nation s a it pee live Oil supplies. Chaps nun there had been some Mii or Dij cover ifs but nothing Loketi. With the demands of Oil love gone mrs. Love sues Savannah inn. 2li fal t m tie i. Love suing for a Divor Here claims her husband . Love deserted her. Title May help free big Ifo Norfolk a Jan. 26 up High officers have looked Over the mired .s. Missouri and figured the problem is to lighten her and break Down the Sands holding her prisoner. Adm w. H. P. Blandy commander of the Atlantic Fleet headed a panel of officers who held a news conference on the battleship s plight. The Navy will try to Frue her feb. 2, when High tides will help. Blandy said he was confident the Missouri could be re floated but said a Good northeastern would make the Job a lot he confirmed that capt William a Brown left the Channel to run the battleship through a secret acoustic Range device. The battleship was clipping off 11.9 knots As she passed the device and rammed into a Sand and mud Bank Blandy said. He said the Fate of Brown begin Ning his first cruise As skipper of the big to was up to a naval court of inquiry. He added Brown was staying aboard his ship a will make no Public statement. He is engaged in Salve ape tons said rear acini Allen Smith commander of Tri is is the Atlantic Fleet. Smith said Only three of battleship s 400 below deck part Menta were damaged the big to weighed in at ,i7,l tons weight of 28.000 axiom
