Evening star., 1950-10-21
Tighter Credit Curbs
Possible, Stee|man
Tells Ho|yoke Group

The Government may impose
even tighter curbs on installment
buying in it's efforts to combat
imitation, Mr.. John r. Steelman,
assistant to the President, warned
last night.
He added that other types of
controls may become necessary"
Mr.. Steelman addressed the
Mount Holyoke College Alumnae
Association banquet in the Shore
ham Hotel. The two-day regional
reunion of the group ends this
afternoon.
In limiting at the new restric-
tions, Mr.. Steelman did not elab-
crate. However, in definite terms,
he re-echoed the series of warn
ings issued by the White House,
to the effect that the American
people face time of sacrifice for
years to come"
Plans to Divide World.
This is necessitated, he said
by what he termed Russias post
war embarking upon a course
designed to divide the nations of
the world"
In warning that the end is not
yet in sight. the Presidential as
sistant cited Russia's five-year
record of attempting to gain con-
troll in Korea, Germany, Greece,
Turkey and Iran. He said:
"We must recognize that Korea
is only another incident in the
strategy of Communist imperial
ism. It was one event in the clear
pattern of events which for the
past five years have hampered the
work of the United Nations"
Molasses Export Curbs.
One new restriction which came
yesterday was in an order by the
Commerce Department banning
exports of molasses, an important
source of industrial alcohol.
Alcohol is needed in huge guam
titles in the production of syn
thetic rubber. The action on mo-
lasses follows closely the Recon
struction Finance Corp. an.
nouncement that it will start buy.
ing alcohol from the distilleries
early in December. The RFC has
charge of the Governments syn
thetic rubber plants and is re-
opening all where resumption o1
operations is feasible.
The Distilled Spirits Institute
announced last night that it hao
offered to deliver 10 million gal
Ions of alcohol over the next two
months. The statement said the
diversion of that amount was not
Expected to make any important
cut in the supplies of drinking
spirits.
Defense Workers Needed.
Mr.. Steelman cited still another
mobilization problem last night
saying that millions of new work
ers will be needed in defense pro-
duction.
Already, in some areas, there
is a shortage Of trained workers. u
he added. "The responsibilities
ahead will provide opportunity fol-
thousands of older workers and
physically handicapped men and
women, as well as housewives who
can take part-tim jobs"
Symposium Today.
Today's program Of the Mount
Holyoke reunion was to include a
symposium Of Problems of Eval-
uation." Participants were to be
President Roswell Gray Ham OF
Mount Holyoke College, and these
faculty members: Miss Mary Sher-
rill, chairman of the chemistry de-
Ipartment: Miss Alzada Comstock
chairman of the economics de-
Ipartment, and Valentine Giamatti
head of the Italian department.
Dean Meribeth Cameron, aca-
demic head of the college and
professor of history, was to speak
at a luncheon.
The reunion will end with a tea
at the Embassy of Guatemala al
4:30 pm, given by DR.. Don An
tonic Goubaud-C Carrera, the Am
bassador, and Nine. de Goubaud-
Carrera.