The Daily Alaska empire., 1948-07-27

Six Brakes Requested
 Tn addition to selective price,
 wage controls and return to the
 excess tax at rate he did not dis
 close, the President asked Con-
 gress to:
 l. Restore consumer credit con-
 trols-such as those which speci-
 lied down payments and the time
 in which installment purchases must be paid off
 2. Arm the Federal Reserve Board with more power to regulate l "inflationary bank credit" B. Grant him power to regulate speculation on the commodity ex- changes.
 f. Grant him power to impose allocation and inventory control over scarce commodities which basically affect essential produc- ton of the cost of living" the same term he used for his price control proposal. 5. Strengthen controls over rent with adequate appropriations for Enforcement to prevent further un- warranted rent increases" 6. Give him standby power to ration those few products in short supply which vitally affect the health and welfare :" He said that unless further shortages oc- cur, this authority might not have to be used at all'
 The President asked authority to limit wages only where they would force break in price ceiling'
 No War Ciarification Aside from lfis reference to Communists here and abroad counting on an American depress ion. Mir. Truman made no direcp reference to this country's strain- | ed relations with Russia.
 But he did assert that; Tn these tense days, when our strength is being tested all over the world, it would be reckless folly if we failed to act agains. inflation."
 The President devoted only ] , single paragraph in his 3,000-wor-- address to ''ufee upon Congress 1.-the controversial civil rights pro- gram he sent to Capitol Hill last February.
 More Requests Made As he said he would, the Chief Executive also asked the special session for: l. A new Displaced Persons bill to provide for the admission of some 100000 of Europe's war refugees into this country during the next four years. instead of POP 900 in the two years as pro- vided in bill passed at the last session He asked that Congress wipe out observation-disclosures in the current law He has said it would operate unfairly against Jewish and Catholic displaced persons. 2 A Federal-aid to education bill to provide $500 ,000. 900 annual | ly to states for education. 3. Approval Of $65 .000. 900 loan for the construction of a perman- ent United Nations headquarters in New York City 4. Senate ratification of the In- ternational Wheat Agreement. He said this would guarantee Ameri- can farmers an annual export mar ket of l85 100000 bushels of wheat at fair price "a maximum of $2 a bushel during the next five years.
 5. Restoration of t56. 900 900 trimmed from proposed appropria- tions at the last session for power and reclamation projects. including Tennessee Valley Authority steam generating plant at New Johnson vile.
 6. A more equitable and real- istic' pay bill for Federal em- | plOyeeS.
 T. A bill raising the present 40- cent minimum wage to "at least 75 cents an hour" Old Age Retirement 8. Legislation increasing by at least 50 percent" the benefits under the oid-age retirement provisions of the Social Security Law Hc said the age at which women can receive benefits should be lowered from 65 to 60 years. and he again asked extension of coverage to groups not now included.
 The President took note of the COP cry of politics" that vent up in response to his special ses- sion call.
 High prices" he said. "arc not taking time off for the election.
 High prices are not waiting un- til the next session of the Con- prpcc !" ha doC1ored