davidaulloa/AmericanStories huggingface dataset:
Milford chronicle., 1952-04-18
NATIONAL POLITICAL OUTLOOK FOR
BOTH PARTIES SEEN MORE
CONFUSED THAN EVER

If anything, the latest verdlcts OF the
voters have made the political outlook more
confused than ever-and that's saying
good deal.
ago. after General EisenhOwer'S remark
able showing in New Hampshire and Mime
sofa, it looked to many as If bandwagon
of huge proportions was underway 1t was
forecast that nothing could stop or check
it. Some went so far as to say that Tart
might as we'll give up and go home. A num-
Der of leading Eisenhower hackers were
reported as having changed their MINDS
about the necessity for his returning from
Europe to campaign-the General was oOlhg
fine where he was.
The Wisconsin and Nebraska primaries
have greatly changed this picture. They have
given the Taft forces badly-needed shot IN
the arm. They have made it clear that the
Senator is very much in the running-that,
indeed, he probably still PAGES the field. In
the Nebraska write-in, he ran declslVely
ahead of Eisenhower A typical comment
came from the Portland Oregonian, lead
ing Western paper which is Eisenhower,
when it said, Senator Robert A. TaftS vic
tories substantiate his contention that
the earlier groundswell for General Elsen-
hover in the New Hampshire and Mime
sofa primaries may not necessarily mean
an irresistible wave. =. The situation OBJ
Vously calls for the return to the United
States, preferably before the Oregon pri-
mary May 16, of General Eisenhower, the
removal of his uniform and his active partic-
ipation in the campaign"
Nebraska clearly wound up Harold StaS-
sens chances. His name was on the printed
ballot, and he had campaigned the state.
Yet his vote was far less than the81rite-ins
for Taft and Eisenhower. Governor War
rem, on the other hand, made more than
respectable showing in Wisconsin-enOugh
to put new vim into his supporters.
On the Democratic side, Senator Kefau-
yer is doing better all the time. Those who
regarded his bid for the nomination as sim
ply the vain gesture of self-starter have
been forced to change opinion. In WiScon-
sin, there were two states of prO-Truman
delegates and Kefauver swamped them both
In Nebraska, the pro-Truman candidate was
Senator Kerr, who made a thorough cam
paign, and who had the regular machine
solidly with him. Again Kefauver won cas-
lily. This probably eliminates whatever small
chance Kerr may have had. The probabili-
ties are that Administration people will now
solidify behind Governor Stevenson of Hi
nois, who is generally believed the Presi
dents first choice Mr.. Stevenson proved
himself tremendous vOte-gettep in his state
winning the Governorship by 100000 votes
Milford chronicle., 1952-04-18

brighter why not now enjoy the new carr" This
should currently high inventories to be pared
down.
SWING TO RIGHT
There is another important possibility that
should not be overlooked. With President Truman
out of the running every effort will be made to pick
a candidate behind whom the whole Democratic
Party can unite. Now the Dig bulk of Southern Dem
ocrats happen to be very conservative If they are
to be appeased and kept in line it is highly neces
sary that the Convention nominate team that will
be conservative enough to attract full support from
the SOuth-like RUSSELL Kerr or Stevenson. So the
Democrats don't look so formidable to business as
they did a few weeks back.
What about the Republicans? Well, to me, it
is pretty hard to any candidate outside of Eisen
hover or Taft 1t doesn't likely that the Con-
venton will be foolish enough to pin its hopes on
some dark horse that may fall down in the big
Businessmen generally would feel pretty good
right if they knew for certain that cOnseTva-
tive is to be in the White House next January Thus
sizing up both the Democrats and the Republicans
it look to me like swing to the right!
MORE SPENDING RIGHT AWAY!
Finally, the Democrats know that if business
is good and the voters happy next November 4th
they will have better chance to win again. You
can bet that their "smOke-flled rooms" already
busy mapping the strategy for keeping things hum
ming right up 20 polling time. They may have los
their leader, but they haven't lost their sense o
direction.
Already we have seen the government granting
permission to the military to award contracts t.
Job distress" areas 1t isn't far step from this
to finding other reasons why defense spending
should be stepped up in the months immediatel!
ahead Certainly If the people get an impression
that new of imitation is on the way, which
recent strikes indicate they may do little more
buying themselves.
Milford chronicle., 1952-04-18
BABSON Discusses Business Outlook

BABSON PARK Mass. april lS-As my readers
know, have thus far been pretty blue about the
prospect for business up to election time next No
vembeT But, as / told you in my release on unem-
plOyment last week. President TTumans decision
to pull out of the has changed my outlook.
feel more optimistic now!
FEELINGS CONTROL STATISTICS
When boy in Gloucester, Massachusetts,
my Father a store. He often said to me- Roger.
it isn't how much money people have in the bank
that makes them buy my merchandising sir, it's
HOW THEY FEEL" That good advice in 1900
and it is still good
Just take a look at what's happened In the last
year. You will remember that the bureauCTats and
the brain trusters in Washington were warning the
nation that new wave of imitation was just ahead
that there soon would be big shortages again. That
only twelve short months ago. Did these short
ages show up? They did not Why? Because the
people who do the buying decided to save more and
buy less The government statisticans could measure
inventories, but they couldn't figure out peoples
feelings
EVERYBODY FEELING BETTER
In my opinion, business and the public have
both been holding back from making decisions and
buying until after the elections Now, however, with
the President making his historic shall not rum
decision all that is changed There is a widespread
feeling that nearly all Of his possible successors
would be more kindly disposed to business. feel
ing of relief has spread through the country from
one end to the other.
Now, this feeling is not something you can mea-
sure in black and white. You can't put it into a
graph. But, it is the kind of thing that will make
man go out and spend little more money than he
would have before. Just month ago he may have
told his wife that "therell be this year.
Today however, he may feel that things aren't so
bad after all and say: There is enough in the bank
for rainy day; with election prospects looking
Milford chronicle., 1952-04-18
There's More At Stake Than Wages,
Or Prices, Or Steel

While furnaces cool and coal mines shut down
in anticipation of the steel strike, which has still
not been called as this is written, National PTOduc-
ton Administrator Henry II. Fowler clamped
freeze-Order civilian steel hand in ware
house and mill, but permitted delivery of steel in
transit. He explained however, that the blanket
restriction would prevail only long enough to locate
and withdraw from the market the types of steel
needed for defense production.
That the strike, if it is allowed to happen. may
be the fOrerunner of the naturalization of the steel
industry (as suggested in these columns last week.
voiced by Benjamin F. Fairless president of the
United States Steel Corporation, in Sunday night
radio talk. ultimately" he said, "such a course
sezure of the industry by the GOvernmenO must
lead inevitably to the naturalization not only of
the steel industry, but of every other vital American
industry we'll
In his closing remarks he said The important
thing is that the production of steel should go on
and that the forces of imitation should not There is
no time for stubborn, uncOmprOmsing attitudes,
when men are still fighting in Korea and free world
Milford chronicle., 1952-04-18
NGO&&
A VITAL DECISION

Eternal vigilance is the price of free
dOm-but vigilance alone is not enough.
There must be prompt and positive action
taken when attempts are made to circum-
vent or destroy the rights guaranteed by our
Constitution.
Action of the most salutary sort was that
of a Federal court in the District of Column
ba recently, in a suit brought by the Ma
tional Association of Manufacturers to clar-
ify provisions of the lobbying law.
The courts decision, in effect, upheld
freedom of speech, the right of the people
peaceably to assemble, and their right to
petition their government for redress of
grievances.
The attempt to invade these rights should
concern us all, just as should recent admin
istratiOn attempts to censor news and sup
press criticism-a direct threat to freedom
of the press.
Vigilance can sound the alarm where
freedom is threatened, but only prompt and
fortnight action can put down the threat.
Milford chronicle., 1952-04-18
Whose Face Needs Soving Now?

Probably the biggest news of the Korean War;
as this is written, comes. not from PanmUnjom, but
from Washington. Under-secretary of Defense Anna
Rosenberg has announced that the Armed Forces
will require about 100000 repacements this sum-
mer, which may mean the drafting of youths under
90 OWhile the draft law covers young men from
1872 to 25 it has been the policy to work from the
top DOWN. And meanwhile the hints persist that
the major truce differences, on the voluntary re-
patraton of Red prisoners, the acceptance of Rus
sia as neutral" truce inspector and the right of
the Reds to continue building arfields during an
armistice, may be resolved by compromises at the
top level" Certainly disquieting note crept into
a recent interview with Navy Secretary Dan A. KIM
ball in Tokyo. when he said that he believed the
Navy would continue to protect FOrmOsa regard
less of Korea" What does he mean regardless?
What does the inner circle expect will happen?
And now that Democratic presidential aspirant
Estes Kefauver has called for an "armisce or fight
policy and told a cheering crowd in Cleveland, Il
would have political objection 10 hot pursuit
across the Yalu River" the administration urge for
la truce before November 4th hardly lave dimn-
ished
All have to do is accept the Communist
terms and they might even allow us small face
saving concession of some sort. About year ago,
General Macarthur said There is no substitute for
victory" What a quaint notion An enemy that is
beaten may develop an inferiority complex
Milford chronicle., 1952-04-18

Despite gloomy forebOdings, bus
mess activity is likely to continue
at a high level during the rest of
this year, according to Alfred H.
Williams, President, in an article
in the monthly Business Review OF
the Federal Reserve Bank of Phil
adelphia. Unless the Administra-
ton greatly alters its present
plans, rising volume of defense
expenditures and a near-record
volume of business expenditures
for new plant and equipment are
likely to be dominant forces in
maintaining high levels Of prOduc-
tion, employment, and income.
Consumer buying, which has re-
Gently been snubbed by a relative
ly high rate Of saving, is likely to
rise somewhat under the driving
pressure from American business
men.
williams calls attention to the
dominant role Of the international
situation in the current outlook, as
well as in business and financial
developments during the last dec
ade. World War II genearted q
large expansion in business activ-
ity, and in purchasing power in
the form of money and other liq.
uid assets. These backlogs Of de-
mand and purchasing power were
the driving forces expanding bust
ness activity and pushing prices
upward during much of the post
war period. Growing internationa
tension eliminating in the out
break Of hostilities in Korea in mid
Milford chronicle., 1952-04-18

1850 has been the dominant force
shaping the course of business
since that time. Business forecast
ing is always hazardous. but it is
unusually so when international
tensions play such a large part in
charting our course.
The initial impact of the large de-
fense program generated by the
outbreak of hostilities in Korea
was on the private sector of the
economy. Consumer spending soar
ed as people rushed to the stores
to buy goods they feared would
soon become scarce or available
only at higher prices. This first
wave of consumer buying was
heavily concentrated in durable
goods. Businessmen also tried to
"stock up" and expand their ex-
penditures for plant and equip
ment. This torrent of consumer
and business spending, fed by ris-
ing incomes, an unprecedented ex-
pansiOn of credit, and drain on
! liquid assets, exceeded the supply
of goods available for purchase.
Both consumer and wholesale
prices spurted upward. This first
wave Of imitation arose not from
the direct impact of the defense
program itself, but from the spec
ulative reactions of consumers and
businessmen.
The last year has been one Of
uneasy business stability, rejecting
divergent crosscurrents, according
to the Business Review. Rising de-
tense expenditures, record vol
lume Of business capital expendi
Milford chronicle., 1952-04-18
JAPANESE EXPERTS STUDY
MINES

TOKYO (P)-Japanese experts,
by request, are probing mines in
the Philippines, Thailand and In
dia, seeking ways Of expanding
production.
The economic journal, Nihon Ke-
bai. reported the calls on Japanese
Milford chronicle., 1952-04-18
Federal Reserve Bank Of Philadelphia Discusses
''The Business Environment For Bank Lending p

lures. and rising incomes after
taxes have been the major forces
generating an increase in business
These upward pressures
have been largely Offset by other
forces tending to cOunteract them.
A high level of personal savings,
inventory liquidation by trading es-
Establishments and a leveling off of
manufacturers inventories, cut
backs in production as business
firms shift from civilian to defense
work, and restrictions imposed on
credit, materials, prices, and wages.
have been important factors re-
tarding expansion.
Looking to the future, the Gov
ernment spending program poses a
major problem to the fOrecaster.
Defense expenditures, if they run
according to plan, are expected to
rise close to 500 billion this year,
and the prospects are that the Fed
eral Government will soon be Oper-
ating at a substantial cash deficit.
In other words, the Government
will be paying out more than 1t
takes in. This source of imitation
ary pressure can be removed only
by a balanced budget. The first
step is to cut nOn-essential Gov
ernment spending and to eliminate
whatever waste exists in essential
expenditures. Only after this steI
has been taken is the Government
| justified in asking the people tC
pay more taxes. To the extent thai
borrowing may be resorted to, the
funds should be obtained from non
bank sources.
Milford chronicle., 1952-04-18
Washington Letter = By Robert Nelson Taylor
needs nnr strength.

needs our strength.
$50 l appeal to every one OF you tomght-lo
Philip Murray to our workers in the mills and to my
colleagues i'm the industry-tO help us compromise
our differences in the light of reason and with ful
consideration fOr the welfare OF all Americans Ill
every walk of life"
He did not include in his appeal the Govern
ment agencies that, (a), recommend wage increases
and benefits that the industry says will cost Dill
lion dollars year. and (b) refuse to grant the steel
makers the right to increase their prices TO meet the
increased labor cost. 1t should be reasonable in
ference, therefor, that such an appeal would be
futile . . especially after the White House cross-up
that caused former Defense MOblzer G. b. wilson
to resign. So, maybe the planners" would like the
worlds biggest industrial toy to play with.
S9CGpping ShOUeL for q WhiteUGSh Brush?
1t looks as though the United States will be shy
an Attorney General for some time. The immediate
reaction in the Senate to the Presidential appoint
ment of Judge James P. McGranery to replace the
suddenly ousted J. Howard McGrath, was the unani-
nous vote of the Judiciary Committee to hold hear
ings on the new appOntee Slgnlhcant also is the
fact that date set for the hearings
Senator Charles w. Tobey, New Hampshire Re
publican, remarked that if Judge McGranery had
CUTS" he would recall Newbold Morris, revive his
now celebrated QUESTIONABLE and tell him to send
pOst-haste to McGrath"
McGranery, however, has already indicated that
this is not exactly what he has in mind since he
announced that he would give Morris old job to the
FBI when he finds out ''f there is cleanup needed
and where"
In view of the fact that the FBI merely investi-
gates and is not authorized to prosecute and that
under 1851 law, the FBI not even investigate
the Treasury Department (of which the scandal
ridden Bureau of Internal Revenue is part it
might appear that President Truman has corrected
his earlier error in appointing boy Scout Morris
who really intended to do cleaning.
And McGranerys previous role in Washington
assistant to the Attorney General and the ptOse-
CutOT in the infamous Amerasia Case, in which hC
deprecated the Importance of LOO secret documents
stolen from Government files, and i'm which one de-
fendant fined and the others acquitted. and in
which he blamed the FBI for bungling the case may
suggest his special qualifications for kicking Tho
cleanup around until it gets lost
THE POLITICAL COINCIDENCE OF THE YEAT
is reported from MurphysborO, ILL.,. where Presiden
ual asprants Taft and Stassen, load of bulls anC
five tons of corn converged simultaneously on thu
court house square, causing a traffic jam and 81
minutes of oratoTy, Mr. Taft's from the court hOus
and Mr. Stassen's from the local radio station.
Milford chronicle., 1952-04-18

VOICE OF THE PEOPLE

President Truman heard the voice of the
people. The powerful thunder of their pro-
test-in polls, primaries, and talk around
the cracker barrels-inally pierced the in
ner White House sanctum. So Mr. Truman
announced he won't be a candidate-wOn't
accept denomination.
That's good news for the country after
seven years of what the Associated Press
calls "an almost unbrOken line of crises"
Seven years of national Administration
marked by incompetence, higher prices,
higher taxes, and creeping socialism. Seven
years of corruption and -peddling
by crOnies-the extent of which nobody
knows. Seven years of perpetual fear over
what might come next.
When a tenant moves out of home
even the White House-it's good time to
clean house. The problems of the day call
for a new approach, unhampered by previous
alliances or political ties. To clean house, to
insure new approach and new policies, de-
mands the election of a Republican Presi-
dent and Republican Congress next Novenl-
ber This is what the people want, and this
is what they will get if every citizen registers
and votes.
Milford chronicle., 1952-04-18

biologists and mining experts One
mining company promised to send,
its ace geologfst TO the Apart cop
per mine in the Philippines.
When Operated by the Japanese
company during the Pacific war, It
yielded 1000 tons Of ore monthly
Now the Philippine operator is
seeking help to mine 1900 tons a
month
Milford chronicle., 1952-04-18
No Unity Yet

No UnItY Ter
France is the only other large
country, and its problems again are
almost completely individual. Ger
tainly France cannot be defended
by us unless It shows a great in
terest in a strong army Of its own.
II has been American policy to
trv to unity Western Europe. eco
nomically and politically. but that
policy certainly has not been sue
cessful UP to this time, and I am
afraid it is contrary to human ma
ture and geography. There is moth
ing even resembling customs
union, and only slight relaxation
Of trade restrictions. The Benelux
Union, which was supposed to set
an example, has never become ef-
fective. because Of the inability Of
reconciling the economic condition
Of Holland with that Of Belgium. The
Schunan Plan is encouraging. but
Great Britain. the most important
industrial nation in Western Europe.
has refused to join.
The questions we have to meet
with respect to Europe may be
classified as follows:
1. Shall we give large financial
economic aid to European countries
out Of taxes levied on the American
taxpayer?
2. Shall we give arms. equipment
and supplies from the same source
to arm these countries and to en-
courage them to arm themselves
3. Shall we agree to 60 to theil
defense if they are attacked by Rus
sia or anyone else2
4. Shall we commit American
troops in time Of peace to an in
Milford chronicle., 1952-04-18
A FOREIGN POLICY FOR AMERICANS
Meeting the Russiun Threat
In Europe is Vigorous Problem
By sENAToR ROBERT A TAFT
CHAPTER 8


The special problems Europe and its Importance
OF freedom throughout the world force there more vgor
ousy and make exceptions to the general rules of policy
Our cultural background springs from Europe and many
our basic principles Of liberty and justice derived from
pean nations American language and ideas institutions
and American methods Of thought largely derived from
Our PRINCIPLES Of Institutions are Certainly
Milford chronicle., 1952-04-18

ternational army to be stationed in
Europe7
We've Given Billions
Those who desire to commit
American troops to Europe in time
Of peace have talked a good deal
about our running out on Europe, II
we refuse to follow their policy.
I think It ought to be pointed out
that we have given billions for the
purposes Of financial economic aid,
we have given billions for arms.
equipment. and supplies, and we
have definitely agreed to 60 to the
defense Of these countries il they
are attacked.
The sum Of all this IS probably
the greatest support that one nation
has ever given to other nations in
the history Of the world, and If q
war actually occurred we probably
would be supplying at least half Of
the total support for that war, even
If we sent no troops whatsoever.
In the field Of economic aid we
have been committing billions Of
our taxpayers money since the
war. Following lend-lease, we sup
ported various minor projects, i5ls
cluding UNRAA; then we committed
some six billion dollars to the two
Breton Woods projects. We extend
ed loan Of four billion to Great
Britain. We are carrying through
the Marshall Plan at a total cost Of
something in the neighborhood Of Il
billion. All Of this aid has been ex,
tended to Western Europe out Of ali
proportion to our aid to the rest o.
the world.
Before the Russian threat I was
very dubious shout the policy Of ad
vancing money to Europe in sucE
large amounts. certainly when Gen
eral Marshall proposed to inclnd,
. Soviet Russia. Certainly it is unwis,
for any nation to become dependen
upon the charity Of another na
ton, and it is just as bad for thr
country receiving the charity as
is costly to the country which give
| it.
Milford chronicle., 1952-04-18
In Asio. Too

l supported the bills for the arm
ing Of Greece and Turkey. ] am
quite willing to support arms aid
to Great Britain and France to the
extent that they are not able to arm
Themselves. although the providing
Of such arms should be first call
on their own budgets. and arms aid
should not be provided by the Unit
ed States simply to prevent some
slight reduction in their civilian
standard Of living.
We should long ago have supplied
much greater support in the matter
OF arms and equipment to the Ma
tionalist Government Of China. We
should never have left Korea until
the Korean Army was fully armed
against a possible attack by the
North Koreans. We have finally
adopted the policy Of arming the
| Chinese Nationalists on Formosa.
But whether we are doing Il Is
another question.
In this field. as In all other fields
Of aid. Europe has had the ions
share Of our assistance. and the im-
portance Of Europe has been fully
recognized in that program and in
the military aid which we are now
contemplating.
NEXT WEEK; Meeting the
Russian threat IN Europe and
our obligations under the At
lantic Pact.
tFrom "A ForeiRn Policy for Amerl-
cans Copyright 1881 BY Robert a. Taft.
Published by Doubleday and Company,
Inc. Released by The Register and Irtss
une Syndicate and WNU9