W ar Scare Upsets
Stork Market
NEW YORK, (/P)—A' new "selT
ing wave battered the stock mar.
ket soon after noon yesterday on
the heels of President Truman’s
announcement of a sweeping aid
to-Asia program.
The selling wiped out morning :
gains running to $3 a share, The
morning advance represented a
rebound from yesterday’s plunge,
one of the steepest in 20 years.
Midday pressure against the
market was so heavy that the I
high-speed ticker tape dropped j
behind in recording transactions j
on the floor of the exchange. The |
lag was so large that the exchange
resorted to using “flash” quota
tions directly from the trading
Baseball Scores
(By The Associated Press)
Tuesday's Results
American League
Washington 5, New York 3,
(12 innings)
Boston 7, Philadelphia 5 <11 inn.)
Detroit 9, Chicago 3.
St. Louis 4, Cleveland 3.
National League
St. Loui= 3-4, Chicago 2-1.
New York 10, Brooklyn 3.
Cincinnati 8, Pittsburgh 3.
Philadelphia 3, Boston 2.
Pacific Coast League
Sacramento 1’, Portland ...
San Francisco 7, Los Angeles 2.
Oakland 5, Hollywood 4.
Seattle 12, San Diego 4.
floor.
Yes
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tomers to he able to say —
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We thank our customers for
being so patient during the past
months when we were so short
on Grocery Items.
J
Our policy from now; on will be
“Yes, We Have It!”
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FROM SEATTLE
A Vessel July 12, for — Unala.k., N.m.,
Teller. Wales, Shishmareff, Deering, Keewalik
Kotzebue.
A Vessel, August 18, for — Nom.
Solomon, Golovin, St. Michael,
For Further Information Wire, Write or Phone
J. J. DILLON, Agent, Nome, Alaska
U. S. Planes And
Warships Ordered
To Aid So. Korea
(Continued from Page One)
taken under the United Nations
resolution which condemned the
communnst invasion of Korea and
asked all members of the U. N. to
lend their support to carrying out
the U. N. declaration for a halt to
the fighting.
The next big question is what
will be Russia’s reaction.
The hope of American officials
is that the Soviets will refrain
from any direct aid lo the North
Korean forces and permit the
fighting there to be ended.
Even before Mr. Truman’s an
nouncement that he was sending
air cover to the South Koreans,
! there had been reports from in
formed Tokyo sources that Ameri
can bombers would hit towns held
by the communists south of the
38th parallel—the dividing line
between South and North Korea.
In their invasion, the commun- ,
ists have used small amphibious
forces to land troops behind the
lines of the South Koreans.
This is one tactic which super
ior American forces could quick
ly stop.
Seoul broadcasts said an Ameri- J
can general would take command 1
of the “joint defense operation.” i
The President’s statement made
no reference to this).
Mr. Truman’s statement said:
“I know that all members of the
United Nations will consider care
fully the consequences of this lat
est aggression in Korea in defi
ance of the charter of the United
Nations. A return to the rule of
force in international affairs
would have far reaching effects.
The United States will continue
to uphold the rule of law.”
Along with the speed up in
arms aid to the Philippines and
Indo-China, Mr. Truman an
nounced that an American mili
tary mission will . be sent to the
forces of France and the associ
ated states in Indochine to pro
vide close working relations.
The statement of policy • was
handed to reporters by Presiden
tial secretary Charles G. Ross
while the President was still con
1
ferring with Congressional, de
fense, diplomatic and military
leaders.
When the White House confer
ence broke up after nearly 45
minutes, most of the Congress
members were silent and solemn.
Senator Bridges of New Hamp
shire, a frequent Republican crit
ic of administartion foreign pol
icy, told reporters:
“I only want to say I approve
completely everything that’s been
done.”
Bridges asked in a Senate speech
Monday that the administration
draw a line in the Pacific and say
to the communists that they must
not cross it. In effect, Mr. Tru
man’s pronouncement does that.
I Bridges said: “We stepped into
the breach in Korea, Indochina,
.and the Philippines. That’s our
job to protect.” •
Senator Smith fR.-N. J.) said he
was “very much pleased” with
the President’s statement.
“A good forthright statement
REAM
THEATER
—•—
1 Show. Wed. and Thur., 7:30 p.m.
'THE UNFAITHFUL''
Lew Ayers - Ann Sheridan
Zachary Scott
Wants Alaska Pulp
Mills Developed
WASHINGTON, <;P>—Sam Eu
banks, executive vice president of
the American Newspaper Guild
(CIO) said yesterday he hoped
the Guild’s convention or a House
judiciary sub-committee will take
some action to spur the opening
of Southeastern Alaska newsprint
paper resources.
Eubanks made the comment in
connection with a proposal that
the guild study the possibility of
launching a daily newspaper.
Obtaining of newsprint was one
ot the problems cited. Eubanks
charged that there are interlock
ing directorships and the U. S.
and Canada pulp paper compan
ies and that it gives certain finan
cial interests the virtual decision
as to who could publish a news
paper.
CANBERRA, Australia, (VP) —
Prime Minister Robert G. Menzies
announced last night Australia
has decided to send a squadron of
heavy Lincoln bombers to Singa
port because of the situation in
Korea.
This will be in addition to a
Royal Australian air force trans
port squadron already dispatched.
Secretary of defense Johnson
said yesterday the United States
moves in the Pacific situation do
not commit this country to send
ing any land troops into action.
“Will any mobilization or par
tial mobilization be required in
the United States?” a reporter
asked when Johnson left a White
House conference.
“At the moment, no.” Johnson
replied.
Nugget Ads Bring Quick Result*
Bartlett Likes
New Statehood Bill
WASHINGTON, UV) —Delegate
Bartlett of Alaska said yesterday
he considers the Alaska Statehood
bill as revised by the Senate in
sular committee “an excellent
measure.”
“I believe the committee will
approve it at its meeting Wednes
day and believe the Senate will
pass it,” he told a reporter.
Bartlett said the Senate Com
mittee provision giving Alaska
400,000 acres of land when it be
comes a State and 20,000,000 more
acres in five years is an improve
ment over the House-approved
measure.
The House voted to give the
new State 31,000,000 acres over a
course of years. Under the Senate
bill, Alaska could select its 20,
000,000 acres from the best land
and not have to take four sections
in each township as under the
House bill.
If Congress passes the Statehood
bill and President Truman signs
it, Bartlett figures the Territory
could not become a State until late
in 1952.
“If the State is organized by
1952,” Bartlett said, “I will think
we have made good time.”
1
SEATTLE, (/P) — A young ap
prentice florist was slashed to
death with an axe Friday night
while he worked alone in the rear
of a Seattle flower shop.
The slain youth, Thomas Ed
ward Jones, 24, had been chopped
repeatedly about the head.
The shop owners Mr. and Mrs.
Charles E. Cole told police S^B.SO
was missing from the till. A wo
man passerby also reported she
had seen two men fleeing from
the back of the place shortly af
ter the time coroner’s deputies es
tirpete Jones died.
4
Beautiful Miniature Dolls
Handmade
Carved Ivory Faces
Complete with the fine details
of native Eskimo fur garments.
Assortment includes
woman or man, also
mother with baby on
her back.
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