European Stars And Stripes (Newspaper) - September 12, 1950, Darmstadt, Hesse                                I age 6 the stars and stripes september 1950 tighter credit seen As Brake on Auto Boom 11 credit controls will put the Brake on Auto buying splurge in motor Industry dealers who face the retail Public every Day said that sales would be Cut from 10 to 20 per cent by the controls just and that the use car Market May be hit even but car armed with a big backlog of unfilled or showed Little alarm at the governments ant inflation move re imposing on third 21 Mont Stopay instalment buying restrictions Auto firms had no immediate comment on the Federal Reserve Board most Industry leaders welcomed the return of stiffer credit dealers More gloomy 1 dont the people our Industry will be if they take the Long Range one com Pany official said it has Cut sales but it will also take away the danger of too much Loose paper floating dealers were not so this is going to a Kaiser Frazer sales manager i think it will Knock off 20 per cent of our it will Hurt every dealer and it will Cut buying a 1 a Detroit Chevrolet dealer predicted a 10 per Cut in prices on most everything have gone up so much he its All the working people can do to buy a car even on Liberal Industry observers expected that use car who Grant More Liberal buying arrangements than new car would be the hardest hit payroll lists 49 per cent vets Washington 11 the civil service commission has reported that 49 per cent of govern ment employees Are under the Veteran preference hiring policies Laid Down by con the percentage of exse vice men climbed 2 per cent during the past As of july there were veterans on a total Federal payroll of in the about 75 per cent of the veterans served in world War the remainder in world War film duo set for Korea debut by Maralyn Marsh 11 combustible comics Dean Martin and Jerry Lewis will be the firs entertainers to hit so today they Are lining is their usual crack pot shots to fire at the the screwball will go via for the army jus gave them permission to Send their latest at War with the to Korea they is the first Flicker to get the army of stamp for mailing into the Battle at present Martin and Lewis Aue cutting up All Over a Hollywood sound tearing to finish shoot ing by tomorrows then the picture will be polished and wrapped up for the film is for the zanies literally Art at War with the army in they do everything backwards and shatter All army orders As this is a pet i subject in War or it was decided to Rush the picture Over for i the mirth whose half Truman apology called big boost to marines spirit 11 Gen Clifton Cates said Here that president Truman letter of apology to the marines has greatly bolstered the morale of the Marine especially those fighting in speaking at the annual banquet of the Marine corps commandant of the said the president had paid great tribute to the league by attending one of its the presidents in which he praised the marines As a fighting backtracked another letter he had written to Gordon Mcdonough in that Truman called the marines the navys police Force with a propaganda machine that is almost equal to Cates said the Marine corps had taken some hard but they know How to Roll with a and always come Back for army honors Bankers 11 army Secretary Frank Pace conferred the army exceptional i Vilia service awards on Bankers Joseph Dodge of Detroit and Wil Liam Logan of new York for their work in stabilizing the postwar economies of occupied Germany and baked clowning has rocketed them into the upper income tax settled Down for a few minutes to Day to Sample a whole baked con birthday cake friends mixed up to fete the characters fourth anniversary As a although Martin and Lewis both live in Swanky they still live far enough apart to keep As lanky Lewis explained our kids play but they dont go to the same none Dean Martin of this report card comparing o who smacked the biggest Spital on and the can you see the fur Fly if i bought wife a Muskrat coat and Deans if strutted in with a Mink one Dean gravely nodded Assen while toying with a sergeants whistle hanging around his this is the weapon that won the last screeched Jerry As he suddenly yanked Martins whistle and tooted on it in the next breath he crowed were its youve just been alone too growled Martin he clamped his hand on jerrys shoulder and sent the Reed voiced kid skidding facedown across the jerrys six foot angles around 137 unfolded itself and came shadowboxing Back at still the pixilated pair never have had a real were saving that for the a they Jerry Lewis pan am takes Over transatlantic runs of Aoa 25 11 pan american world airways has announced that it will take Over the transatlantic routes now operated by american overseas air lines Paa bought out Aoa for 000 following presidential and civil aeronautics Board court suits to Block the Sale were Dis pan am will operate flights to Prest Hel and Vic president Willis Lipscomb said Paa will be Able to carry All the passengers booked by it also plans to open service to Paris and Rome As soon As it gets approval from the French and italian governments quilts to visit new 11 Dionne quintuplets Are coming to new first trip to the big the Alfred Smith Mem orial foundation said the 16year old Canadian girls would appear at a dinner Here in memory of the late new York governor proceeds of the dinner will go toward the Cost of the newly erected Alfred Smith memorial building at Vincents army begins own praying in Milwaukee 11 army has started using its own equipment to xray draftees and reservists Here after Irvin Cowan had averaged a daily Gross profit of under the new policy a panel of including will interpret the plates for 10 cents five civilian technicians hired by the army will operate the xray per xray Cowan in recent months had made about rays for each on an individual contract col John commander of the Wisconsin military that totalled around the fee included for taking and developing and for interpreting each Ehlert said the physicians Best was 635 rays and his daily average was he said the problem had been caused by unexpected expansion of the Symington will Boss mobilization program 11 persuasive ton has a new of the nations mobilization Symington is chairman of the National Security resources As under an executive order delegating certain presidential functions under the defense production act of Symington got the Job of coordinating the governments economic efforts in the struggle against in Stuart Symington is an assistant Symington record of Public service dates Back to world War i when he was an army lieutenant at americans income Rose to billion in july 11 the Commerce department Hare ported that personal income of americans climbed for the fourth consecutive month in july to an annual rate of Little effect on the income Situa Ion was Felt from the korean con although the july total was above the com Merce department said july was the Best month in history excluding ast when veterans insurance payments pushed the annual rate to business in the soaring demand sends fall season off to fast Start by Phillips new 11 fall business season got off to a fast Start last week with demand for civilian goods and services at exceptionally High Levels and de sense orders flowing at a faster rising prices were As much a part of the economic scene As record High National income and Cotton for instance Rose to a 30year Peak at above 41 cents a and Centa Pound Copper at producers Mills was unmatched since world War there were other signs to illustrate inflation in the current economic recent wage hikes and rising raw material prices suggested to Many economists that car makers will shortly boost prices unless credit restrictions clamped on instalment purchases late Friday halts demand sufficiently to restore Normal competitive new suits and Coats for fall made their appearance in store windows this week bearing Price tags to higher than last raw Wool prices have advanced to the highest level in history in recent months and continue to Rise every time there is an the situation was so Uncertain in textiles that Cotton Mills withdrew All fabrics the Market to get a better idea of what High raw Cotton prices will mean in terms of finished the future course of prices and other main elements in the Home front Economy were subjects for deep study on Ali sides in the Light of president Truman address on controls and of Cher Steps made Neces sary by the korean Economy seen capable of meeting demands business and Industry were pre pared for a Stern warning from the chief executive to keep the Home front supplied with ample goods reasonable prices and the defense machine fully equipped to meet any Tesi our military leaders impose All things factories and farms Are in excellent condition to meet any demands made upon but economists see Little Chance of keeping controls on every thing that goes into Cost including Observance of labor Day was responsible for some slackening in the business Pace Here and there last but All in All it was a picture of feverish Industrial production rated even with some factories closing last retail Trade took a breather As stores almost universally but purchases late in the previous week in anticipation of the Holiday and heavy expenditures at resorts for entertainment helped fill the store economists welcomed the setup after the sustained on counters containing every Type of merchandise in recent some said they believed the ugly spec Tacle of outright hoarding was a thing of the past and that Normal replacement demand would be the guiding Factor in purchases from now that the demand for Merchan Dise will continue to be How was assured by the extraordinary Heights to which the work ing Force has soared in recent with More workers being added to payrolls by the minute and working shifts extended beyond the regular eight hours in Many in Boeing for has added More than persons to its Force at its Seattle and plants within the past the Kropp forge started a Sec Ond shift to expedite delivery of War material from its Chicago there were numerous other in stances of this steel Mills operate close to capacity although it was labor Day few workers in steel Mills took time As a operations stepped up to 98 per cent of capacity and tonnage increased to in the previous week the operating rate was per cent and Mills produced a year ago the figures were and crude Oil output Rose to an aver age of barrels a the highest in More than a aver age daily output in the previous week was barrels and a year ago electric Power production established another record High at kilowatt this com pared with and a week and year respect freight car loadings moved ahead to from in the pre ceding week and compared with a year engineering construction awards were under the big volume of the previous standing at against the pre Vious but were far ahead of last years aggregate of automobile production Felt the effects of the monday add ing up to units in this coun try and this compared with in the preceding period and a year Sof Coal output and paper and paperboard production showed no important Railroad stocks spearheaded an upward move in the Stock better than was added to the quoted value of shares listed on the rail Bonds also did bullish Ness in these Securi ties stemmed principally from a re port that the carriers were doing More than twice As much business these Days As they were a year