davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-12
Village Arabs Pledge
Fight 10 Death on
Palestine Partition
By james PrinqIe

Associated Press StoH Photographer
JERUSALEM, Feb. IA went to
a little Middle Palestine Arab vii
Ilage to take news photos-and most
of the town turned out to tell OF
broken faith in America and OF
their determination to fight parti-
ton 'to the DEATH"
1t was a typical Arab village
named Taiba. It's stone houses and
winding streets are spread on a
rocky slope a few miles south OF
Tukar, halfway between Jerusalem
and Haifa.
We drove in by car through fire.
quent Arab roadblocks until we were
stopped after dark few miles from
Taiba by a band Of about so Arabs
armed with Stem and Tommy guns
They fired two warning shots as we
approached.
Group Moves Warily.
They had been advised by tele-
phone that we were coming and
| formed an escort which took us into
the village. The group moved warily
firing into the air from time to thine
to signal guards who lined the road
on either side at intervals Of SO
yards.
An additional guard of at least
200 heavily armed Arabs met us In
the village, massed in front of the
community meeting house into
which we were escorted.
Waiting inside were most of the
villages adult male population, close
to 500 men, who had turned out
to smoke and have coffee with us
in the ceremony of greeting to
strangers.
They told us we were free to ask
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-12
Reich Sailors Watched
British Midget Subs
Knock. Out Tirpitz
BY the Asseeiotsd Press

LONDON, Feb. 12,-The Admi-
rally said yesterday that German
sailors watched helplessly while
British midget submarines knocked
out the 4l,00o-ton battle cruiser
Tirpitz in 1913.
The story was related in supple
ment to the London Gazette.
Russian reconnaissance, working
with the British Navy, spotted the
Tirpitz and the battleship Scharn-
horst in protected anchorages in
the Kaafiord of Norway.
Six midget "X-craft," designed to
attack capital ships in net-defended
harbors, set out from Scotland in
tow of larger submarines. The
midgets were cotton, 40-foot craft
and carried four man crews. Only
three reached the Kaaflord, the
KS, KS and XII.
Scharnhorst Sighted.
At 4::3O pm. on September 81,
1913, the Scharnhorst was sighted
Just inside the Kaaflord. She was
q sitting duck, but had to be passed
up because all attention was on the
newer and more powerful Tirpitz,
the prearranged objective.
x-6 and XII started moving in
for the kill at am. the next morn
ing and became entangled in de-
tense nets. KS passed under the
TirpitZ, released a time charge and
then got caught again in the nets.
1t D. Cameron, the commanding
officer, managed to free the midget
and released a second charge. He
surfaced alongside the Tirpitz, saw
his crew safely out of the submarine
and scuttled her. The crew was
taken aboard the Tirpitz and given
hot coffee and liquor.
XII had attacked in the mean
time. 1t. Place had wormed his
craft along the bottom under the
nets. He dropped two charges. Then
he got caught in the nets trying to
escape He finally freed XII and
was 400 yards away when the ex-
ploeives went off.
Forced to Surface.
German depth charges forced him
TO surface. Immediately, he was
engaged by gunfire and sunk. 1t.
Place and the third officer were
taken aboard the battle cruiser. The
other two of the crew were lost.
What happened to KS Is a
mystery. It's wreckage was found a
mile from the Tirpitz. No bodies
were in 1t. 1t is believed KS may
have set its charges and been on its
way out when depth-charged and
destroyed.
The explosion heaved the Tirpitz
high in the water. Sailors on deck
were hurled into the air.
The Admiralty said the Tirpitz
was put "out of action for months"
Six months later in April, 1914, she
moved out of, her anchorage and
was destroyed in an air attack.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-12
Colombian Sea Scouts
Visit Naval Academy
By the Associated Press

ANNAPOLIS, Feb. 12.-Ten Co.
lombian Sea Scouts, who are on a
tour of North America, stopped OH
at the Naval Academy yesterday
for a glimpse of how the United
States produces its Regular Navy
officers.
Julio Tobon Deparamo, interna-
tional affairs editor of the Bogota
newspaper, La Razon, was IN charge
of the group, accompanied by 1t.
Oscar Herrara Rebolledo, public re-
latioas director of the Colombian
naval staff.
The scouts arrived in New York
aboard the Grand Colombiana on
January 10, left two days later for
Canada and returned to Buffalo,
N. Y, the end of last month. Since
then, they have visited Boston, New
York again, Washington and An
napolis.
Before returning home by way
of Venezuela, they will spend a
week at the Schiff Scout Reserva-
ton in New Jersey.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-12

would fight partition Of this land
to the death--to our last child and
our last gun"
We were shown around the VII
Iage then. Next morning we went
on to the bigger city of Tulkarnl,
where we saw two nursing clinics
which we were told were ready to
handle cases of Arab wounded.
Women of the town volunteered
to learn nursing, taking of their
Moslem wells. Some of the nurses
told us that they and other women
had sold their jewelry to pay for
clinic furnishings and equipment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-12
Swiss Merchant Marine
On Permanent Busis

The Swiss no longer appreciate
the joke about their navy, Berne
reports, for the country without a
port is very seriously building up a
fleet-a merchant navy this time.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1948-02-12

This bold experiment was started
in wartime when ships were needed
to bring In supplies. It is planned
to keep small permanent feet OF
The Nome nugget., 1948-06-04
Red-Snapper, 43 lbs Is Record Catch

KETCHIKAN, -{P)-The larg- est Sebastodes Rubberimus-Red Snapper to you-on record in AL aska was on display yesterday in the Fishery Products labora- tory here.
 Cleaned and with giills removed it weighs 43 pounds. Normally these fish tip the beam at from to l2 pounds.
 This one was caught by the halibut vessel Cascade, skippered by Albert Strom. It was brought up from a depth of 600 feet bet ween Coronation and Warren Is- lands.
The Nome nugget., 1948-06-04
FISCUS BJORNSTAD NUPTIALS TOMORROW

Tomorrow afternoon in the Fed erated Church, Bertha Bjornstad, daughter of MT. and Mrs. Gustav Bjornstad of this city, and Sgt. Richard Fiscus, stationed at the Marks Air Force Base here, will take their marriage VOWS before a group of invited guests and friends.
 The wedding will be followed by reception in the Social Rooms of the church.
The Nome nugget., 1948-06-04
ED SURBER. a. WAS FOUND
 DEAD AT HOME THURSDAY

Edward F. Surber, 43, died at his Third Avenue residence yes- terday. He has been employed until recently by the Alaska Road Commission he for the past IS years and left the position because of i'll health.
 He died of a heart attack.
 The body was discovered by Norman Rolando, who had been staying with Surber the past few days, about noon when he went home from work, and notified the US. Marshal immediately.
 Funeral arrangements to be an- nounced later, pending wo-c from relatives who are being sought.
The Nome nugget., 1948-06-04
Big Fish Caught For Salmon Derby

KETCHIKAN, - R A 39- pound salmon didn't even rate l4th place in the Ketchikan Sal mon Dery.
 R. w. Young took first prize with a 57 1/2-pounder. One weigh ing 39 1/2 pounds was the small est prize winner.
 That was Wednesday. On Sun day the anglers will go after the really big ones-prize for the best catch will be $500 cash.
The Nome nugget., 1948-06-04
MRS. MAZEN GOES TO REBEKAH ASSEMBLY

Mrs. s. David Mazen, wife of our local postmaster, left on the PAA plane today for Walla Walla where she will attend the Rebekah Assembly next week.
The Nome nugget., 1948-06-04
FRANK RICE ARRIVES FROM THE STATES

Frank Rice. mining operator of the Teller district, arrived today on the PAA plane enroute to his camp near Teller.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16

Mr.. and Mrs. Lyman Barnes were
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16
ArmOrsviue

Mr.. and Mrs. Royal Downey called
at the c. w. Montgomery home
Thursday evening.
Mr.. and Mrs. Lee Clauss and
daughters called on Mr.. and Mrs.
Boyd Clapper and daughter and Mr..
and Mrs. George Clapper and daugh-
ters Saturday afternoon.
Mr.. and Mrs. VIM. ]. McCafferty
were Sunday evening supper guests
of Mr.. and Mrs. Carl McCafferty.
Mr.. and Mrs. H. w. Davis of Lin
coin Park, Mich, spent the week end
with Mr.. and Mrs. Harry Moore and
family.
Mr.. and Mrs. Clyde Klingler and
son Keith called Thursday evening
at the c. Z. Klingler home.
Sunday visitors at the Levi Hau-
enstein home were Mr.. and Mrs.
Cloyd Turner, Mr.. and Mrs. John
Good, Mr.. and Mrs. Ellis Hauenstein
and son, Mr.. and Mrs. Wayne Hau-
enstein and daughter, Mr.. and Mrs.
Rawleigh Moser and sons, Earl
Matter and Mrs. Mae Hauenstein
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16

Sunday evening guests of Mr.. and
Mrs. Harvey Welty.
Sunday afternoon guests of Mr..
and Mrs. George Eyers of Kalida
were Mr.. and Mrs. Gerald Huber
and son.
Mr.. and Mrs. Raymond Stratton
and daughter, Mr.. and Mrs. Avery
Watt and son were Sunday evening
guests of Mr.. and Mrs. Maurice
Bell and family.
Week end guests of Mr.. and Mrs.
Mack Andrews and family were Mr..
and Mrs. Thurman Kikter.
Mr.. and Mrs. Leonard Gratz were
Sunday supper guests of Mr.. and
Mrs. Ralph Wolfley of Kenton.
Mr.. and Mrs. Cloyce Ernest and
son were Sunday evening guests of
Mr.. and Mrs. Roscoe Trout of Beav-
erdam.
Mrs. Lamar Basinger who is con-
valescing in the Blutfton Commun-
ity hospital is reported good.
Thursday afternoon guests of Mr..
and Mrs. Oscar Zimmerman were
Mr.. and Mrs. Cal Zimmerman Herr.
Mr.. and Mrs. Winston Jennings
and sons and Rodney Jennings were
Thursday evening guests of Mr.. and
Mrs. Gerald Huber and son.
Mr.. and Mrs. Wayne Zimmerman
and family were Sunday afternoon
guests of Mr.. and Mrs. Sam Bader-
tscher. Dinner guests were. Mr.. and
Mrs. Harold Badertscher and fam
lily.
Mr.. and Mrs. Mack Andrews and
family were Sunday dinner guests
of Mr.. and Mrs. Herbert Reichen-
bach
Mr.. and Mrs. Edgar Herr and
family were Sunday dinner guests
of Mr.. and Mrs. Ernest Gratz of
Lima.
Mrs. Mildred Criblez and son,
Tommy and Mrs. Esther Hartman
and daughter, Dorothy were Thurs
day afternoon callers of Mr.. and
Mrs. Cloyce Ernest and son.
The Victory Glass meeting was
held at the home of Mr.. and Mrs.
Gerald Huber and son, Friday even
ing
Mr.. and Mrs. Cloyce Ernest and
son were Sunday afternoon guests
of Mr.. and Mrs. Ross Inbody of
Findlay,
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16
County Will Make
End CROP Shipment

ARRANGEMENTS were completed last
week by CROP for Allen county's
Christmas gift to Europe in the
form of q car load of soybeans.
The beans will be placed on the
Ohio food train as it moves east for
ultimate shipment to Europe. A
dedication ceremony is planned for
Dec. 81 prior to shipment.
About $4,000 has been contribut-
ed in grain and money by residents
of rural Allen county for the CROP
project, it was announced by Rev.
c. D. Lands, chairman of the Ohio
project.
Word has been received in Putnam
county, that the county carload of
wheat, sent last August, has been
received by the resident of Salzburg,
Austria.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16
TWO MODELS
TO CHOOSE FROM

The MAJ, fouf-cubic-foot model,
. holds up to I4o pounds of frozen
food.
The NA-s, eighf-cubic-foot mod
Ell, holds up 10 $50 pounds.
o Handy wire baskets provide con-
venlsni storing of frozen food
packages.
. a wurning light on the NA-s In
uleuies q current interruption or
un uhnoFmul temperature rise.
o Positive action Latch.
. counsaFbulunssd lid.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16
BuftOn CO-eds
Plan Yute Trips

Bluffton colleges two coed gospel
team quartets are planning trips
during the latter part of the Christ
mas vacation.
One group consisting of Mary
Gallagher, Claire Lands, Anita Pan
nabecker, Margaret Salzman, Mary
Ann Smucker, violinist; Lois Rich,
speaker; and Mrs. Lenore Myers,
advisor, will tour through Illinois.
DR.. |. w. Bauman will advise the
second group consisting of Mary Lou
Rich, Marge Rickert, Nina Crab
tree, Mary Kay Buman, and Mary
Ann Craft, speaker; which will ap-
pear in Iowa, Missouri and Illinois.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16
Er-serUice Man Held
On Charge Of Bigdnay

Bigamy charges were filed in Put
nam county court of common pleas
last Friday against Byron Betz, 23,
of Route 1, Bluffton, who has been
stationed with the u. S. Army at
Ft. Knox, KY, until recently.
Arrested Friday by Sheriff Arnold
Potts, Betz is charged with marry
ing Olen Lee in Kentucky last Sep
tember, while still being married to
Mary C. Kramer, whose parents
live in Columbus Grove.
Betz was former employe of The
Triplett Electrical Instrument Co.
here.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16
Pleasant View

Mrs. Kenneth Keller and daugh-
ters of Findlay visited in the home
fher parents Mr.. and Mrs. VIM.
Habegger and son Garnie, Thurs
day.
Mr.. and Mrs. Guy Stewart visited
in the home of his brother Mr.. and
Mrs. Ray Stewart of Gilboa last
Sunday.
Mrs. Mace RAIDER left Monday for
Springfield where she will visit in
the home of her daughter DR.. and
Mrs. Carl Roth and family.
Mr.. and Mrs. Donald Harris and
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16

family spent Sunday evening in the
home of Mr.. and Mrs. Ivan Johnson
and daughter of near Bluffton.
The Friendly Couples class will
meet in the home of Mr.. and Mrs.
Howard Habegger this Friday even
ing. Rev. and Mrs. Walter Purdy
will be the program leaders. There
will be a Christmas gift exchange.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16
NOTICE OF APPOINTMENT

THE STATE OF oHIol A
Allen County. IS. @N*SA
Estate of Bertha Nushaum. deceased.
David Nusbaum of r. ID. No. 2, Rluffton,
Ohio, has been appointed and qualified as
Executor of the estate of Bertha Nusbanm.
late of Allen County. Ohio. deceased.
Dated this 2eth day of November. 1913.
RAYMOND p. SMITH,
Probate Judge Sc
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16

and daughter Betty.
Mr.. and Mrs. Owen Spencer of
Bowling Green, Mr.. and Mrs. Rob
ert Ewing were Sunday dinner
guests of Mr.. and Mrs. II. O. Hilty.
The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1948-12-16
NOTICE or APPOINTMENT
HE STATE OF oHIol

THE NARAIL Ut UEAaOI
Allen County, IS.
Julia GeigeF Of n. r.. 2. Box Sc. Blnffton.
Ohio, has been appointed and qualified -
Administrator Of the estate of Peter ID.
Geiger. late bf Allen County. Ohio. deceased.
Dated thisI 29th day of November. 1913.
RAYMOND r.. SMITH,
Probate Judge DO
Evening star., 1948-02-09
Steel Men Begin 10 Draft
Second Quarter Quotas
By the Assoeioted Press

CLEVELAND, Feb. 9.-Despite un-
certainty over steel distribution
under the voluntary ALLEGATION pro-
gram, some steelmakers are setting
up second quarter consumer quotas,
the magazine Steel said today.
The publications weekly summary
of the Woodworking industry de-
clared that, although. a few tenta-
tive allotments have been estab-
lished on certain products. most
producers are still delaying action.
"It is clear, though, they must act
soon since mill schedules will have
to be set up at least for April Steel
added.
Little change is noted in demand,
the review pointed out, and signs
Of tighter supply conditions are noted
in certain products that in recent
months have been relatively easy"
finished bars and stainless
steel sheets appear less pentiful and
for the short term" there appears
little prospect of change in the over
all supply situation, Steel continued,
adding:
Shortages. Of pig iron and scrap
are barring capacity operations in
the steel and foundry industries.
Pig iron consumers will receive about
as much iron this month as last,
supply continuing to fail we'll short
lof requirements.
Evening star., 1948-02-09
Selected Stocks Gain,
But Many Leaders
Remain Hesitant
By Victor Eubonk
Associated Press FinoneiuI Writer


NEW YORK, Feb. 9.-Mild re-
covecy leanings persisted for selected
stocks today although many market
leaders were notable Indifferent.
The ticker tape frequently halted
after a quiet opening. Gains OF
fractions to point or so ruled near
the fourth hour.
Wall Street still was nervous and
particularly cautious as a result of
the recent commodity collopse de-
spite the fact that grain futures
today displayed considerable resist
ance to selling. Buying by profess
sionals for an extension of Satur-
days technical revival again pro-
vided the principal prop. Broker
age clients, skeptical regarding taxes,
business and foreign currency situa-
tions threatening American exports
inclined to hold aloof.
Ahead most of the session were
Union Pacific, Chesapeake & Ohio
United States Steel, youngstown
Sheet, Goodyear, United States Rub
ber, International Harvester, Doug
las Aircraft, American Smelling
Phelps Dodge, Union Carbide, Amer
lean Tobacco "B," Gulf Oil, Stand
ard Oil of New Jersey, Mission Corp.
Texas Co., United Air Lines ano
Eastern Air Lines.
Occasional stumblers were Radio
Corp. International Paper, Santa
Fe, Rick Island Railroad, Southern
Pacific, eKnnecott, United Aircraft
and Loew's. Numerous pivotals were
UNCHANGED.
Evening star., 1948-02-09
CHICAGO Grain

CHICAGO, Feb. LPl.-Grains staged
brisk rally on the Board of Trade today
as new buying, short-covering and liftine
of hedges against domestic flour sale:
At times the near by corn deliveries dis.
played weakness, although even these con.
plunging daily limits for four consecutive
sessions. In contrast to grains, both soy
beans and lard were weak with beans
again off their daily Scent limit.
Wheat at noon was , to 5a higher
than Saturdays. finish; MAY, ,2;54; corr
= lever to cents b,sbs4 hshsr Ma Ma
l.O6a and soybeans were to 8 cents
lower March. $40.
May, s;57 ss.5sa: corn was 5'a 70, s
221: oats were ? 4 a higher. May .OSE
q; and soybeans were 8 to "A higher
March 3.57.
Trading was active in all pits. Near tn.
cents bushel higher. May -254: corr
and oats were i1a-21s hisher. May, 1.o6l
soybeans were cents lower, March; 3.46
Some short GOVERNS and new buytthhi
opening fSlQvins lsst week weeks break
ent levels Few, If any, thought. the,
would get back to recent peaks unless (
crop failure develops
Part Of The early strength bsdss. In Whea a
mills. substantial pickup. in domestic
-four sales was reported. Large baker
were said to be buying for February ant
March needs, contrasting with the re
cent hand-to-mouth policy.
Evening star., 1948-02-09
Chicago Livestock

CHICAGO, Feb. 9 Up DA).-salable
hogs 1000. total 10000; market uneven
100000 lower; mostly 2.50-3.00 lower
than Fridays average: closed slow; early
top. 1925; late top, 22.50: bulk good and
choice 240-270 pound, 20.50-21 .75; good
and choice 10000 pound, 19.50-20.75
300-35O pound 10000. 90; mostly $50.
$50 pound sows. 17.75-1s.50; prospects
salsbIe cattle $4,000, total $4,000;
salable calves 1000 total 1,000; ex,
tremely slow: bulk of run unseld Al
11:OO am. est; steers 1900 pound
down 1O0-2.O0 lower: bidding .2.00-3.0C
lower on heavier weights; heifers un-
evenly so cents to 200 lower. cows 90
1.50 lower; bulls so to 100 lower
several loads held higher: most early
sales good grade steers 25.00-2S. so;
medium grades bid down to 1900: good
to low-choice fed heifers "A 34.00-2S.50
strictly GOOD beef cows held above 81 90;
few good heiferettes, II .50-22. 80: cannel
and cutter COWS, ID 90 1900; good medium
ers. ,oo-S 90 lower; practical top, 90 90
Salabe sheep 5000, total 10000
market not established: few early slaugh-
ter lamb bids around 90 or more lower
than Friday: bidding 23 so down on good
and choice wooled lambs; !, these held
around 24.0 and better: nothing done on
other classes with slaughter ewes very
Evening star., 1948-02-09
New York Produce

NEW YORK. Feb. 9 R,-Butter ctwo
days receipts). 691,146; easy, wholesale
prices On bulk cartons; Creamery higher
than 90 score and premium marks tAA).
ssas,o9f5 score 3R5. ss7.s7R; SO score (cj, IS:
New tubs usually command one-half cent
a pound over the bulk carton price,
Cheese Ctwo days recefpts}-524,7e4; ;
steady. Wholesale sales, fresh American
cheese whole milk), cheddars 4S; ched-
dars (June, 194O, $685. single daisies,
4a-51; single daisies (June, 1947l, 81
54: single daisies Gully. 194O, 81 -54
single daisies (grass, 1947), shelf-cured,
54h-61; fats June, 1947), 81 -53: fats
grass, 1947), shelf-cured, 56!-61; Herki-
mers, 531a: .Herkimer's, shelf-cured. 5912-
50; processed, pounds, 4Sk5 So: domestic
Swiss (sinsle tubs), best 77-79, others
6O-74.
Egg prices were steady today in the
wholesale market RECEIPTS for two days
totaled 37,,,110 cases, New York spot quo
fancy heavyweights. As; extra L large. ~;
extra large, As; extra l medium. 45;
extra and 2 pullets, 43: dirties. 45;
checks. A.
Whites - Fancy heayweiehts, -, 1880;
extra | large 4s: extra large, Al; extra
l medium, 45-46.
Browns-Fancy heavyweights, 40; extra
! large. 47H.4s; extra large Al; extra
l medium, As.
Nearby-CThese quotations are based on
the bulko t the reported wholesale sales
| to jobberS and large retailers and include
premiums) White. fancy heavyweights,
52-57: mediums. 47-4s. Browns-Fancy
Iheavyweights. 5O-52; mediums. 4546.
Evening star., 1948-02-09
Business Executives
See Peak Reached
And Perhaps Passed
BY the Associated Press

A dozen top businessmen believe
the peak of business activity ha!
been reached, If not already passed
But their two-fold prediction tx
Government experts a week before
the market break that inflationary
dangers are fading and a prime
downturn is ahead, still draws q
don t-be- -too-sure reaction from al
least one Federal economist.
The views of the corporation
executives were outlined at the
first of a series of six meetings
suggested by the Government. These
are being arranged by Prentiss
Coonley and Ernest A. Tupper
private business consultants.
Reporting on the first session, Mr.
Coonley and Mr.. Tupper said one
big farm machinery company fore
cast a general price drop "after the
middle of the year."
Represent Wide Field.
Others in the group represented
railroads, insurance, banking, mer-
chandising and food processing.
They predicted factory building will
decline from 1947, but home building
will hold up as costs decline.
The Government economist, who
discussed the meeting with the un-
derstanding he would not be quoted
by name, commented:
Much of what these businessmen
say is true. We may be closer to
the catching-up period than general
price trends have indicated. But
the inflationary current still is very
strong"
Mr.. Coonley and Mr. Tupper de-
scribed the session as evidence of a
Changing business psychology"
They attributed last weeks break
in stock, bond and commodity prices
to growing public awareness" of
this change.
The business group generally
agreed that decline in business
activity, IF and when it occurs,
probably would not be so sharp as
in 1920-1," Mr.. Coonley and Mr..
Tupper said.
Recession Held Essential.
Nevertheless, 1t was felt that In
order to make adjustments to the
kind of base needed for an extended
period Of high activity, enough re-
cession would have to occur to in
duce business, labor and Govern
ment to adopt sensible attitudes. "
In holding that inf1ationary dan
gers are lessening, the business
leaders cited these trends and views
in support of their position:
Business is buying cautiously;
merchants eight months ago stopped
amassing stocks in anticipation of
price rises.
In an "ever-growing' number of
cases, prices are rejecting supplies
equal to or greater than demand.
European crop prospects appear
good. This should balance of Unit