The potters herald. [volume] (East Liverpool, Ohio) 1899-1982, 1947-10-02
Prices At Home,
Needs of Europe
Pressure Truman

Washington-(LPA)- Two sets
of pressures are operating on
President Truman this week to in
duce him to call Congress back into
special session sometime in Novem-
Der.
The two are: the evidence, grow
ing daily, Of desperate and imme-
diate need for food and machinery
and raw materials in Europe; the
danger that the present prices of
food and other consumers goods
will not be reduced except by a
costly and painful economic de-
preston.
Against the Congressional ses-
sion are aligned the cynics who
think that the COP Congress might
act in the wrong way on the price
and foreign aid programs, and
those who say ''it's too late" or "it's
no business of Congress" to take
the responsibility.
Stated Dept officials, including
Secretary of State Marshall, are
concerned with foreign aid; they
are understood to be urging Tru-
man to call the special session. Eu-
ropean governments are "scraping
the bottom of the barrel" in find
ing dollars to pay for food here.
On the other hand, members of
the governments food emergency
committee, who are also reporting
to Truman this week, are expected
to oppose any action except volun-
tary restriction of meat and egg
consumption here. This consumer
eat-less" program would be aimed
to restrict the amount of wheat
used by farmers to feed livestock,
thus making more wheat available
for export abroad.
House Republican leader Martin,
on his return to Washington last
week, indicated that he had not
been consulted on European needs,
and said personal reports "from
a good source in Europe in whom
l have great confidence" indicate
the needs are going to be met by
present crops on the continent. He
added that he would be willing to
go along with the Administration
if it found a special session need
ed to prevent acute suffering.
The soaring prices that bothered
housewives across the country, and
on the other hand, the deep con-
Germ of men just returned from
Europe over the need for our aid
there this winter, actually are in
ter-related.
II prices stay at present levels,
neither the housewife nor the for
eign nations will be able to buy
heir share of u. S. food prOduc-
ton. In an attempt to put ceiling
On soaring wheat prices on the
Chicago market, the government
asst week cut ALLEGATIONS for No
yember grain exports to 20 mil
ion bushels, contrasted with "a
million bushels, shipped in July,
~ million in August and as mil
ion in October. While grain prices
iropped for day, this was attri-
,uted partly to the parallel gov
,rnment demand that wheat specu-
ators be required to put a high
n margin of cash for wheat pur-
.hases. The Chicago Commodity
exchange Authority postponed ac-
ion on the request after Presi-
lent j. O. McClintock of the Chi
ago Board of Trade had angrily |
the proposal.
World needs for foodstuffs, the
,reat bulk of which will have to
ONE from the u. S., will be about |
%, 100000 tons, according to cur
ent estimates. Against this the |
allure of the u. S. and Canadian
orn crop means that only about
9, 100000 tons of food will be
vailable for export.
Undersecretary of Agriculture
)odd, just returned last week from
month in Europe, reported here
he need for foods there would be
reater than last winter. He ap-
ealed to farmers to feed less
rain to cattle, hogs and chickens,
nd urged consumers to plan to
at less meat.
Two Presidential hopefuls from
iOP ranks expressed opposite
Jews on the need for a special ses-
ion of Congress. Minnesota's ex-
overnor Harold Stassen support
4 the Marshall plea for quick Con-
ressional action.
Sen. Robert Taft (R., Ohio), on
ne other hand, indicated he saw
0 need for action before January
n either prices or foreign relief.
Speaking to the Commonwealth
lub in San Francisco during his
pulse taking" tour, Taft asserted
unity that abnormal exports
,nnot continue" The only anti
lflation action that he outlined for
ongress was raising the minimum
gal wage from 40c to 60c. Taft
,lemnly asserted that "much can
, done by a campaign of educa-
on" to reduce "some excessive