British Imp
it read "India, that is Bharat," in
the English text and "Bharat,
that is India," in the Hindu text.
iort fnces Likely to
Rise Again Follovvuig Declines
By The World Staff ef The Associated Press '
Prices on British goods will be cut as a result of devaluation of the
pound all right, but trade experts say you can look for them to inch
back again in coming months. . i .
They say that almost every time a country has cheapened its cur
rency prices have gone up again enough to absorb all or most of the
amount of the devaluation. P ; I I '
Prices In some cases will fall more than called for by devaluation.
Lowering the pound permitted
lowering the dollar price of British
products sold to America, but few
if any can be cut the full 30.5 per
cent sliced off the pound.
"Some merchants, however, may
do it anyway, if their goo-fs were
. over-priced to begin wit! . De
valuation gives them an excuse
to lower prices without losing
face.
On th other hand, British
merchants may raise prices on
some items if they decide compe
tition is only a small threat. After
all, devaluation is aimed at getting
more American dollars not at
accomodating the- American cust
omer. Bermuda, with its fast-approaching
American tourist sea
son, is likely to get the biggest
immediate profit from devaluation.
-Anybody with dollars to spend
'" there will get the full 30.5 per
cent advantage immediately.
Gold will be getting increasing
attention the next few weeks be
cause of its ruling position in the
monetary field. All the devalua
tions the past week actually were
against gold. That's because all
other currencies are quoted in
terms of the dollar and henct in
terms of gold.
JET TRANSPORTS
WASHINGTON-W-The British
Jet transport publicity blast is. ex
pected to push the aircraft indus
try and the military serviceinto
taking a position on a bill under
which the government would fi
nance the development of new
transport planes.
Both begged off when called
before the senate commerce com
mittee earlier this year. The
break may come when Ma). Gen.
"Laurence S. Kuter, chief of the
.military air transport command,
appears at a hearing about Nov. 1.
VICE-VERSA LAND
NEW DELHI -(JPt- The." new
country of which this city is the
capital 'may be mentioned as both
India and Bharat in its consti
tution. ,
Bharat is the ancient name of
India. Constitution drafters are
reported to have decidedto make
MARGARET'S VACATION
WASHINGTON ; -VP)- Friends
of Margaret Truman say she has
been trying to arrange her con
cert engagements to end late in
November so she can join her
father in a vacation he plans at
Key West f;
TV SALES
NEW -YORK 43V f Television
manufacturers are beginning to
think predictions of 3,000,000 sets
in use by the end of the year may
have been pessimistic'
Sales hit a slump during the
summer, but in the past few weeks
therq has been such a buying
rush i that many set makers have
had to allocate their sets to dealers..
CZECH CATTLE
PRAGUE -UP)- The director
general of state estates says
Czechoslovakia is going to breed
cattle according to the theories
of the Russian scientist Lysenko
Lysenko holds that "acquired
characteristics' can be passed on
to succeeding generations. (Ah
example might betan attempt to
increase the milk flow of cows
by feeding more corn over sev
eral generations. Most scientists
deny that this sort of approach
would work; they say the way
to do it is to mete the offspring
of cows already high in milk pro
duction, then mate the best of
their offspring, etc, through sev
eral generations.)
KRTJG TO QUIT?
WASHINGTON -OP)- Rumors
that Secretary of Interior Krug
may resign (so prevalent just af
ter the election) are cropping up
again and again Krug is not
talking.
This time the reports would
have him stepping out shortly af
ter congress adjourns, to be suc
ceeded by President Truman's
good friend. Under Secretary Os
car L. Chapman, even though that
would put another westerner in
the cabinet. i
Guessers around the depart-:
ment point out that Krug recently
chose his top aide, Carlton Skin-.
i
ner J to be governor of Guam. They
recall how former Secretary Ickes
named his own favorite, Michael
Straus, as commissioner of recla
mation shortly before he resigned.
' i
VDjLAW IN ROME
ROME -UP)- A bill before par
liament would bar Italians from
emigrating until cured of any
venereal disease.
Jess Lar-
WAR SURPLUS
WASHINGTON -(JP)
son general services administra
tor, says he plans to complete
liquidation of the war assets ad
ministration (WAA) by Dec. 31.
WAA handled disposal of
surplus.
war
CENSORSHIP
CAIRO -(JP)- The censor-general
has promised foreign news
men that Egypt's censorship of
outgoing news, considered by
many correspondents 'the' most
rigid In the world, will be relaxed.
SWAPPING
WASHINGTON -(3V Some food
processors are meeting increased
transportation costs with an in
genious "tolling' arrangement
For instance: An eastern and a
western canner both pack toma
toes. The easterner will pack his
own as usual, but in addition will
pack some eastern tomatoes un
der the brand of the westerner, to
be sold in the east The westerner
will do the same for him. Both
save freight
The "Mason and Dixon Line"
actually was survey by two Eng
lishmen, Charles Mason and Jere
miah Dixon, in the 18th Century
to settle territorial disputes be
tween the proprietors of Maryland
and Pennslvania.
Nationalists'
PlanesShell
unks at Amoy
f CANTON, Sept 24 -(JP)- Na
tionalist planes took to the air
today against an armada of red
junks swarming around Amoy,
Island port 300 miles up the Chin
ese coast
' This was the word brought to
Hong Kong by passengers on the
last plane out of Amoy, the last
good port left to Nationalist China.
, These arrivals said red artil
lery was shelling the Amoy air
port from the mainland, and that
nationalist planes were operating
from an emergency strip set up
on nearby Kin men island. Amoy
island is about 35 miles around.
The Stcrfetman. Salem. Orxyon. Bandar. 8ept 13. 1149 It
The communist junks, these ar
rivals said, were massing off
Amor's southwestern shore with
the obvious intention of landing
there.
If they do it tens of thousands
of nationalist defenders on the
port island will have their escape
sealed off, they said.
Meanwhile the nationalist gov
ernment here conceded the loss
of Changchow, railhead 30 miles
west of Amoy, days after other
sources reported it lost to the reds.
Other I accounts said meanwhile
the reds had pressed down through
the mountains of northern Kwang
tung province and bad strength
ened their grip around Yungyun
only 105 miles north-northeast of
Canton.
A nationalist destroyer which
had deserted to the communists
was bombed and left sinking In
the Yangtze by nationalist planes,
stated unofficial . reports.
Gun Accident ?
Kills Angler 1
REEDSPORT, Sept 24 -i As
accidental pistol shot killed Mil
ton Morin, 22. Yoncalla, on a fish
ing trip near here today, j police
said. - 'i
A companion, Frederick Eugene
Merk. Yoncalla. said he accident
ally pulled the ,1 trigger : when
Morin handed him the revolve
butt first State Officer Johnson
said Merk related that Morin had
first shot at a turtle and missed.
The officer said r Merk admtitedl
he had chided his fishing . com
panion about missing., which
prompted Morin to hand the gun
to Merk. i i
John Adams enjoyed the great
eat longevity of any Amarieaft
president He lived to be SO.
C ChtinC
1
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