1947-06-18 — Page 3

THE CHINA MAIL, WEDNESDAY, JUNE 18, 1947.

Truman Vetoes Tax Bill

Major Clash With Congress; Cuts Termed "Inequitable"

"We Are Still In

Transition Period"

A

Washington, June 16. President Truman today vetoed the Congress-ap- proved bill, which would have cut United States domestic taxes by about $4,000,000,000. In this, his first veto of a measure passed by the Republican-controlled Congress, the President attacked the bill as offering "dubious, ill- apportioned and risky benefits at the expense of a sound tax policy" and being "from the standpoint of Government finances, unsafe."

This is President Truman'a to avert a depression was first major cash with the Com-sound,

No Recession gress, which will take up the

מנ

"OVERIDE THE

VETO"

Washington, June 18. The Speaker of the House of Representatives," Representa- tive Joseph, W, Martin, today called on Congress 10 override the Truman vety of the fuz bill, "te aroiti a'business art- back,"United Press.

proclaimed that "now in

of tax revenues.

Proposed Soviet Proposal Rejected

Lake Success, June 17. The United Nations Econo- mic and Employment Commla- sion today voted down n Rus sian proposal calling for with holding approval of foreign loans such as those the Unit ed States made to Greece and Turkey,

COLLISION OF VIEWS ON MARSHALL PLAN

London, June 16.

The British announcement of intentions to consult Russia on Secretary of State Marshall's plan to aid Europe collided head-on with a Moscow Radio denunciation of it as a scheme for put- ting "dollar pressure" on other countries. A Foreign Office spokesman said Britain will ap-.

proach Russia shortly, probably this week, re- garding the formation of an overall program- me for Europe's rehabilitation, as suggested by General Marshall, The Foreign Secretary, Mr. Bevin, will go to Faris on Tucs day for talks with the French Foreign Minister, M. Bidault, on the Marshall pian.

The talks will be exploratory, an will the overtures to Russin.

Wool Bill Warning

Washington, June 16. The controversial wool

The Foreign Office source had no sponer disclosed the in- tention to approach Russia than broadcast from Moscow dash. By a vote of 9 to a the Com-led cold water on the plants. | misalon adopted a resolution

The Soviet radio brandenst gress unsigned, the President "to encourage loans and credits dispatch by "Pravda" saying: bill, was expected to be

the which are directed towards time to plan for a thorough economic stability and recon- standing its seeming novelty, is today and sent to Prest- The Marshall plan, notwith-approved by Congress going revision of the tax systruction in the interests of tem" to cover the entire field the peoples of the countries re-plan for political pressure with but a repetition of the Truman

dent Truman for his bill re more Tomorrow, It "There is no convincing evi-

ceiving credita." is, uncertain whether, the Redence that a recession is im

In adopting this, the Commis-the help of dollars-a plan for signature or veto. "uch a programme will be sion voted against the original faira of other countries.

interference in the domestic af- publicans will be able to rally | minent.".

This is in spite of warnings he continued. But an Important contribution to the necessary two-thirds mample evidence points to a con- cennomic progress. The timing Delegate Morozov. His pro-Hungary, purgea its

draft terins proposed by Soviet

administration leaders "As soon as any country, like from jority in both chambers to tinuation of inflationary presof such a programme is high-posal called for the withnolding ment bodies

that the provision in the bill override the veto.

Hures. A tax reduction now ly. important to achieve econo-

of conspiratora for a permissive increase in of approval for loans directed convicted by catirt, immediately tariff on the Imposition of The President, stressing fa- would Herves them.

mle stability, the investment of ture governsient responsibili

"IT pressures continue we empital and maintain employ towards "military needs or the there sounds the bosay shout quotas on imports of foreign

detriment of the independence of the U.S: A. Why deliberate-Woul would ties abroad but

are likely to induce every re-ment, purchasing power

jeopardise the without me.

and

and thesuing the grants envisaged by cession we seek to avoid,"

of the countries receiving crely obscure the phraseology of Geneva trade conference, high levels of productions."-dita. er for deriving political Marshall's presentation of the in fact impede the successful the new Marshall "continental

and other advantages for coun Truman Doctrine?

execution of the United States plan," tulek Congressment

tries rendering loans and credits."—Arsoviated Press.

Another "Defeat"

“We are still meeting heavy obligations growing out of the We continue to be con- fronted with grent responsi- bilities for international relief ati rehabilitation that have an importuot hearing on our of forts to serure lasting prace.

"We are still in a transition perial in which many uneer- tainties continue. în face of there (neis, common prudence demands a realistle, conserva- tive management of fiscal of faire."

The point has recently been made that the bill as approvel by Congress takes no account uf any future relief pro- A and has been cam- pleted in advance of final Congressional decision on Gov

expenditures whole. President claimed:

ernment

Truman

Sending the bill back to Con- Reuter,

French

Urge Speed

On Aid To Europe

Paris, June 16.

The French Foreign Office tonight stressed the urgency of immediate and rapid action in carrying into effect General Marshall's econo- mic plan for Europe. A spokesman of the Foreign Office said: "The French Government is aware of the grave consequences to Europe and the world if the present state of econoniic instability in Europe is prolonged.

eve

of the

"The situation is pressing. For France was optimistic on the instance, Europe's wheat, and coal

talks between. Mr. Imports des terribly Inw."

Bevin, and M. Bidault, he added. Outlining the French proposals

"We are hopeful that is a re- for the execution of the plan, sult

the coming. of

Anglo. the spokesman said: "There Is Frenchi talks an organisation will high prices, wages and profits no time for a big conference on be established in the near future such as the present calls for the subject. We suggest the cren to put General Marshall's surplus in Government revente tion of an ad hoc committee con-posal into operation." Reuter. over expenditures and the apsisting of representatives of the

"A time of high employment,

plication of all or much of this surplus to a reduction of the public debt tat present estim- ateri at $265,000,000,000),"

United States, the Europeon countries and, the producers.

"We consider that it will take about three or four years 11-

He said that the income tax place the loss of plant and in. cuts proposed in the bill were dustrini equipment caused by the inequitable and the argument | whe" that tax reductions would help

Too Little, Too Late

Swarthmore, Pa., June 16.

Harold Stassen, Republican presidential candidate, in speech to the graduating class of Swarthmore College today, warned that "deluya and eva-

erca.

The spokesman said that France would propose the tion of special committees to deal with transport, agriculture, stee! and coal. The coal committee, he said, would have to include re. presentatives of the four powers of occupation in Germany.

One Stipulation One thing that France stipulates," he said, "is that each musi country Joining the plan

make the same effort.”

alona" might cause American | Skepticism

economic aid to Europe, to be "too little and too inte."

He charged there, is more de- lay in handling world economic

The

Paris, June 18. 12th International Con- of the Universal Postal

Unlon meeting of Paris defeated a proposal by Russia to create su administration board.

Contradiction?

govern-

the

It was learned that the bill

between the President and Con-

meeting this morning. but ac cording to the Democratic lead- er of the House, Mr. Sam Ray- burn, the President gave no in- dication whether he would veto or sign the bill.

"The reason, no doubt, lies foreign and economic policy. in the diminishing popularity of the Truman policy both in Was the subject of discussiona Europe and the United States.gressional leaders at the re- It was not without reason thatxular Monday White House on June 11. speaking in Commons. Secretary Bevin ad- mitted that the development of Under the Russian proposal, the Marshall's proposals was a very Board would have broad delicate matter. dominant powers in the UPV. Smaller nations maintained it "At a press conference on

Mr. Rayburn said that he would give the Big Four diree- June 12,

Marshall enid that would vote against the bill tive powers of organization. when he told European coun- when it comes up in the House United Press.

trich to formulate pro-later today and he might make gramme of economic rehabilita a motion to send the bill back tion, he meant all of Europe to conference of the House west of Asia, including the So- and Senate. Congressional lead- viet Union. Britain and other ers, however, doubt the succosa European countries. This ad-of such a move.—Renter. "

explanation of the ditional American Secretary of State, however, manifestly contradicts American policy toward Enst-i crn European countries.

THE RUSSIAN HARVEST

Moscow, June 16. Russian farmers in the Kuban valley, in south Russin, have be their first deliyerics gun harvesting and have

of grain the storehouses, it was announced hero today.

made

Bumper harvests were reported pro-from other areas of south Russia.

Reuter,

Mufti Tells Arabs To Close Ranks

Jerusalem, June 16.

Haj Amin El Husseini, the Mufti of Jerusalem, now living in Egypt, appealed to all Palestine Arabs to close their ranks in a message read at noonday prayers in mosques throughout Pales- tine today.

More than 100,000 Arabs in Islam's third most sacred shrine-the Mosque of El Aksa in Jeru- salem's Old City-heard the Mufti's message which was issued on the occasion of the Mos- lem festival of "Leilat El Isra" (the Prophet's flight from Mecca to Palestine).

Over Inevitable infringement of your right."

polley than in "any other single War With Russia"

problem before the nation."

A

"THE FINNS PAY AGAIN"

"Apparently they want to present the matter to the Ame-

New York, June 16, rican people as though Mor-

The Finns In one editorial. shall was really willing to take Pay Again", the "World Tele part in the economic rehabilita gram" commented that Finland tion of all Europe but that Rus-had paid another instalment on sia and the Eastern European ai debt to the United States,

"An countries were excluding them-

Interesting and tragic selves from Europe because the angle," the paper said, "is that .conditions of America's 'assist- Risto Ryti, who promoted the idea of paying in 1933 when he ance' were unacceptable.

"The true meaning of Mar- was head of the Bank of Finland, L now doing ten years hard labour shall's reservation, his public

In Helsinki. Moral: The approval of the idea of a Unit-wheel of fortune turns and ed States of Europe, the doesn'i pay 10 bo little like animation which his speech Finland even though Finland is

only evoked among supporters of athe

nation that pays."-- Churchillian 'United Europe United Press. organization-all this goes show that the old meaning of the American 'assistance' policy remains unchanged."

Caution

to

The Foreign Office spokes- `man cautioned against any ape- culation on quick results from. the Paris meeting. He voiced It said: "Discard your per- The announcement coincided laubt that any hard and fast sonal differences, close your with the appeal of the Mufti of agreement would be reached, ranka and tenaciously resist every

He indicated that the For Jerusalem now living in Cairo, for unity among Palestine Araha. eign Office had not yet deter- The message

mined its attitude towards the Multi's vow "to sacrifice life and The Arab Organisation declar suggestion that the European ireasure on the altar of theed that "Palestine is an Arab countries hold a conference to Palestine case".

State. Its Arabism does not ru-

discuss the Marshall plan; he Since his escape from France quire to be ascertained by British, last. May after being captured in

United States or international Bald it was at present under- Germany by the French forces, committees of enquiry"-Reator consideration.-United Press. the Mufti has been living In

renewed

the

Wellesley, Mass, June 18. Stassen sald, many United

The Secretary of the Navy, States leaders take the attitude James Forrestal, in a speech today "that we should wait for the listed peace treaties with Japan. nations of Europe to present a Germany and Austria u "pre- Joint plan for their needs and requisite foundations for peace." Cairo on condition that he takes request our economic assistance The Secretary said he was no part in political activities.

The Mafti fled from Palestine to the Lebanon in 1937, after

UNECE Supports The Marshall Plan

܂ ܃

Geneva, June 16.

to that joint plan ...... if we skeptical of the prophecies that sit back and wait for the na-a war between the Western Demo taking a prominent part in the tions of Europe to agree upon cracles and "Totalitarian Russia"

Arab Nationalist movement. He Is Inevitable, a plan we will wait too long

to be associated we will simply face a class of

Forrestal told the graduating was reported

Wellesley College that with the anti-British rising in presentation of needs much Ganaraj Marshall did his best to Iraq in 1941. Later he left greater then we can possibly get the treaties written with Garthe Middle East for Germany, fulfill.

where he broadcast in Arabic The United Nations Economic Commission for many, Austria and Japan at the "The consequence of error or Moscow Conference "but he was from Berlin-Router.

Europe would like an opportunity of helping delay upon prospects of con-blocked by Russia."

The Boycott

to bring into operation the Aid-to-Europe plan tinuing peace and on the future He said other "Foundations for

Cairo, June 16.

put forward by. George Marshall, the United well-being of our people are the United Nations and achieving tion in Cairo today announced pence included the development of The Arab Nationalist Organian-

States Secretary of State, it was stated here greater than those of any other security and disarmament with their support of the Palestine

today. one question though other vital disarmament the final question to Arab Higher Executives boycott.

The extent to which such, adopted by the Eastern nations, problems. confront us."-United be considered rather than the first of the United Nations. Fact Find-assistance would be possible de observers point out Press.

Ing Commision.

pends on the attitude to the plan

"JANE"

YES, I'VE BEEN AN AIR HOSTESS ON THIS LINE SINCE LEFT THE WAAFB, JANE.

LUCKY YOU!

United Press.

YOU WOULDN'T SAY THAT IF YOU HAD MY HEAD! — IT'S AS BUMPY AS A JAUNT IN A JEEP UP ALOFT

TODAY—I GOT SICK-

MY SUBSTITUTE'S

LET ME DOWN--**

"AND, TO CAP IT ALL, A FAVOURITE FARE OF MINE FRIGHTFULLY HANDSOME GUY CALLED ERIC ACE-IS ON THE

SHIP AND -inana

WHAT?

THEN FAL TAKE

YOUR PLACE

TO PARIS,

FLOSSIE!!!

The UNECE. recommended the Immediate setting-up of two alanding committees to deal with, electric power, and industriesi and building materials, in a re- port issued today,

Bottleneck.

Electric power was an serious a bottleneck for European-to-] construction, as that of coal, stated the report, which suggest- ed the repair of power lines and the rebuilding of installations was an immediate problem.

A coal commitee or a com- mittee for coal and other fuels was proposed to replace the existing Coal. Organisation. in 1948. It was also proposed, that 'tho-German" problems "should"bo| |considered within the framework of European_ocinamy and not Focporatoly-Reuter," **

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