Truman Says He
Will Sign Anti
Inflation Bill
WASHINGTON, (/P)—President
Truman promised to sign into law
today the Republican anti-infla
tion bill, but he branded it as
“pitifully inadequate” to deal with
the “grave peril” confronting the
nation’s economy.
Several key Republicans struck
back with angry words of their
own in defense of the voluntary
steps which form the backbone of
the GOP measure.
Thus the high cost of living and
how to bring it down sizzled as
the major political issue to start
off the 1948 election year.
Mr. Truman took the unusual
course of issuing a Sunday state
ment to announce his decision and
to declare that if Congress does
not give him better weapons to
fight inflation the country may
face a “serious depression.”
He left the actual signing until
today, at an hour which the White
House did not specify. The mea
sure becomes effective immediate
ly once it is signed.
The first official actions to
uui its piuoaiUUS appeared likely
to be an order to distillers to hold
their grain consumption to 2,500,
000 bushels a month during the
five weeks the bill revives Mr.
Truman’s wartime powers over
whisky making.
The bill also extends the Presi
dent’s controls over exports and
railroad transportation and pro
vides for voluntary food programs.
1 It does not give him the stand-by
price-wage control and rationing
1 powers he asked for in his 10
point program laid before the spe
cial session.
I Centering his fire on the bill’s
I provisions for voluntary agree
ments in industry, business • and
agriculture to share scarce mate
I rials without incurring the risk of
anti-trust prosecution, the chief
executive declared:
“It is far too late in the fight
against inflation to place our reli
ance upon voluntary action.”
“This bill fails to include the
key measures which are essential
to an effective anti-inflation pro
gram,” Mr. Truman asserted.
“This bill will not reduce the
high cost of living, and it will not
keep prices from going even high
er.”
Rep. Wolcott (R.-Mich.) who
sponsored the measure along with
Senator Taft <R.-Ohio) shot back
j that if 1 ivir*ci are r,n* i»«-owaw*
down “the fault will be that of the
President and not of Congress.”
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When yon go by steamer, yon can relax In the Inxnrt*
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Sailings Are Frequent
From Seward:
January 9 and every two weeks thereafter for
Juneau, Ketchikan, Seattle.
Jan. 1 and every two weeks thereafter for
Valdez. Cordova, Juneau, Ketchikan, Seattle.
Mm nnrnnnnr ooiiipiiihi .
Commission Finds
Shipping Rates
“Just, Reasonable”
The existing rate structures of
the Alaska shipping operators can
not be found to be “unjust or un
reasonable,” according to the opin
ion of three employees of the
Maritime Commission who have
presented their views to the com
mission.
The three men, Paul D. Page,
Jr., solicitor; Clarence J. Koontz,
attorney; and Guy M. Carlton,
rate analyst, have requested the
commission “to hold the over-all
existing rate structures just and
reasonable . . . and to issue an ap
propriate order.”
Set forth to bolster the above
contention is the following lan
guage in the brief:
“In Public Law 12, Congress de
termined it advisable to consider
the Alaska situation an exception
to the subsidy-rule and, in effect,
subsidized the operation. As here
tofore demonstrated, the existing
subsidy is insufficient to bring
about lowering rates to the point
where they will encourage rather
than retard the development of
Alaska. Further subsidy ... is
obviously required, but it should
De cumv as a subsidy
in the aid of the development of
Alaska, and not labeled as subsidy
for the development of the Amer
ican merchant marine, for which
development subsidizing Alaska
trade is not necessary.”
SIR ISAAC NEWTON, world
famous mathematician and physi
cist, made little progress with hi^
school books as a young boy un
til a successful fight with another
boy aroused his spirit, according
| to the Encyclopaedia Britannica.
| NOTICE
ARCTIC CLUB
Informal Housewarming on New
Year's Eve at new Arctic Club at
nine o'clock.
Party scheduled for last Satur
day of every month for January,
Febduary, March and April.
Classified Ads
WHAT IN THE GREATEST
question man ever asked? For the
answer come to the Pioneer Hall
Tuesday, December 30, at 7:30
p.m. Also see 400 feet of color
movies of Fairbanks during a
celebration, and of the famous
Matanuska Valley.
j FOUND—Purse and film. Owner
may claim same upon ideneifica
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165 after 6:00 P.M. 148-tf ;
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FOR SALE—Fairchild 24, 4-place j
airplane. Inquire Alaska Air-1
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FOUND—Pair of fur mitts. Call
at Nugget Office. 155-3t
■ ■ - .. - ■ - - I
DREAM
THEATER
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1 Show, Dec. 29 and 30, 7:30 P.M.
Monday and Tuesday
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All Star Cast
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1 Show Dec. 31 & Ja/i. 1, 7.30 P.M.
Wednesday and Thursday
"THREE STRANGERS"
Sydney Greenatreet
Geraldine Fitsgerald
New York Has 25.8
Inch Snow; Deepest
In Gty’s History j
NEW YORK, «P> — New Yolk
started burrowing out from the
greatest snowfall in the city’s his
tory Saturday as top city officials
went into emergency session to;
plan measures to “protect the
health and welfare of its 8,00,000
inhabitants.”
Thousands of city employees us-,
ing more than 1,400 pieces of I
equipment and thousands of con-1
tract workers and trucks worked'
through the night and morning but |
failed to make more than a dent
in the record 25.8 inch snow
which completely disrupted trans
portation facilities and imperiled
deliveries of fuel and food.
Commissioner of hospitals Ed
ward M. Bernecker said only eight
ambulances were operating in
Brooklyn, with a population of
2,700,000, and that he planned to
appeal to the Red Cross and the
army for equipment. He described
the situation in Queens as “bad.”
Acting mayor Vincent R. Im
pellitteri said as the meeting start
ed that particular emphasis would
be placed on “police, fire, food and
shelter.”
The storm, sweeping in with
surprise fury early Friday, sur
passed the 20.9-inch downfall left
by the famous blizzard of 1888. It
pelted the area with an average
hourly fall of 1.8 inches and ended
officially after 15 hours and 45
minutes.
At least 35 persons lost their
lives in the storm belt which em
Indian Find Wheel
of Wrecked Plane
KETCHIKAN </P)—Residents of
Klawock, an Indian village neai
here, reported Saturday finding an
airplane wheel, a woman’s leathei
handbag, a flash light and part of
a rubber flying boot on the beach
at Warm Chuck Bay on Hecate is
land.
Captain Richard Carle and
crewmen of the vessel Louise II
expressed belief that the items
came from a military plane which
crashed during the war. The wheel
was covered with barnacles.
Jack Brown, a trapper, reported
finding a skeleton at Warm
Springs Bay near Tuxekan. No
clothing was found.
There are no reports of any
missing person in the area. There
was no indication of any connec
i tion between the two discoveries.
At one time its the man who
j worried most about his waist-line,
i Cretan men artifically constricted
their waists to the size of small
boys’, apparently by wearing
| tight belts of metal.
braced parts of New England,
Pennsylvania, New Jersey and
southeastern New York and ex
tondod south to include Washing
ton, D. C.
New Jersey, where 30 inches of
snow was officially reported in
Long Branch, counted 12 dead,
and New York nine.
Connecticut reported five deaths
Pennsylvania, two; Massachusetts,
three, Rhode Island, two and New
Hampshire, two.
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