Newspapers / The Perquimans Weekly (Hertford, … / April 23, 1948, edition 1 / Page 3
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THE PERQUIMANS WEEKLY, HERTFORD, N. C, FRIDAY. APRIL 23, 1948. - PAGE THREE 7; TtjrTTKTmVVNT i T S. Military Program ' 1 ' tionismin!rt6tt(be'i8 'M- the GOP. ;eana Readiness For Warv I Nevertheless, we. are somewhat cau- I Final action; by Congress on the'tioua in accepting jfack, "a conclusion. 6,098,000,000 foreign aid program jit will be easier Mf understand the oljbwed by ten months the public ad- drift when the House, acts on legis ress of iSecretary of State George C latio'n to extend the. , reciprocal trade Tarshall in which he advocated that, treaty program of .Secretary Hull. ; ie' United States extend economic as- 1 The Jong process involved, between stance to the friendly nations, of.the suggestion of assistance and the estern Europe. , . , j. passage of xnecessary t legislation, il- I Passage of the measure, despite the lustrates the . slowness . with which low process of democratic govern-1 democratic governments act If the lent, is encouraging but the chances 1 same idea had been implemented by re that opposition would have been the rulers of totalitarian states, the irdnfer had the Russians not taken'1 process of assistance would have been fft Czechoslovakia. This was theunder way three-fourths of a year Iraw that broke the back of the ,op-ago. 'osition because it highlighted . the While the great republic , of the 'aril .that exists for , democracy and i Western Hemisphere deliberated, in eedom unless the march of the Com- democratic fashion, the rulers or "sov unists is halted. I iet Russia have made tremendous It may be that the vote of 187 for1, strides on the continent of Europe. $2 against, on the part of the Re-, This advance has not yet been halt iblican majority, represents some- ed, as one can readily see by reading liaar of a nermanent shift of onin- reports from Finland that the govern- 1L h tor nt Mi ViittiaWA fanln. mpnt. although readv to 81(01 A ITliH- :il YOUR OWN HOME IS AS SOLE AS A B C SEE THE BUILDING AND LOAN for complete details about borrowing money to buy a home, build one or repair your home, if you own one now. The Building and Loan Plan is simple and easy tok understand. Payments are arranged to suit your budget. I Come to our office at the Perquimans Weekly for full information about loans to buy, build or repair homes. There's no charge for information. tary ,pact with Russia, is strenuously resisting Russian insistence that , the Soviet should have the right to de termine when Russian , soldiers are to occupy military posts in Finland., Thp major, part' of, the money that will, (" be spent in. the - first twelve months will, of course, be used to prime, the economic pump of. the free nations of western Europe. Some of it' will go to China,, Greece and Turkey and be used for military as sistance.; It is reasonable to pre sume, if things develop , unfavorably, that more of the money will be used to strengthen the military position of the democratic nations. . , ' The people of the United States should not expect the passage of this law to automatically rehabilitate the western nations. All that , 'the law does is to permit the beginning of a flow of assistance that, it is hoped, will in time enable these countries to reestablish their economic ' stability and afford the peoples of. the nations an opportunity to look hopefully to ward the future. It is' not at all certain that the money advanced will accomplish the IF Look to the Future By Saving Now! The Fifty-sixth Series of Stock ,OF THE iiaiuuiuuu.il liHK Ct LUttll WILL BE ISSUED, BEGINNING SATURDAY, MAY 1, 1947 . Stock May Be Purchased In Any Amounts Desired From One Share Up START SAVING THE BUILDING AND LOAN WAY! :rtford DuMng & Loan Association A: W. HEFREIsT, President . . ' - MAX CAMPBELL, Secretary purpose in mind. In fact, we should 18,000,000,000, measures gives additional evidence that he is not a pussy-footing politic ian. As everybody knows, the vote seekers are burying their ear in the ground . in an effort to ascertain whetheri support for these measures will, cost votes in the approaching election. . r, It is worth calling attention to an other declaration, made by the form er Commander of our European for ces, deriding the suggestion that the military .wants to take over the coun try. ,, The General expressly declared very positively that, in his opinion, "the generation which went into this last war came out of it better than they went in" and that arguments that universal military training will produce militarism are "silly thinking." Election Year Reduction Ignojes Fiscal Facts In is annual budget message, the President requested 10.8 billion dol lars for the military services and this amount has been supplemented by a program' of expansion outlined by Secretary of Defense James V. For- restaL which will amount to abou 1,734,000 men. ... of .trained reserves. At the present The services will need, therefore, time the government has available 720,000 men in the first year to give j minions of men who saw service im mem me gtrengm aeemea essential to national security. They expect to get 500,000 as volunteers. To secure i the remainder, some temporary use of the Selective Service process is ne Military officials point out that there are about 3,500,000 non-veterans between the ages of 19 and 25. From these the services expect to secure 220,000 draftees to serve for a mini mum of two years. If the volunteer contingent does not equal the 500,000 men it is estimated will come in, then (military experts expect to get volun- the draft will be necessary to make.teers after the proeram eets under the recent war. With the passage of years, they will be unavailable and, in order to have the trained military reserve, officials recommend Universal Military Training. It is pointed oi't th'1 C.50'000 young men reach the nu ' 38 each year. The Defense Dciiir'-r nt wants to train 850,000 of these ;nuually, with six months devoted to military training and six months given to spe cialized training. From this pool, the up the deficit. The cost of this addi tion to the national defense is esti mated to be $760,000,000. way. The cost of universal military train ing is estimated at $400,000,000 for understand very clearly that the Unit ed States is taking what the military experts call a calculated risk. Nev ertheless, it is a risk that should be taken because, without it, the United States would undoubtedly have to spend much more money ' in prepara tion for its defense. Congress Approves E. R. P. What Can It Accomplish? The prompt passage of the tax re duction bill, over the veto of the President, is no more than expected but the message of President Tru man represents, in our opinion, the advice of a statesman in contrast with the peanut-politics played by Con gressmen voting to override him. There are several amazing aspects to the hue and cry for tax reduction. Among them is the argument that people need relief from high taxes and that corporations must be reliev ed of the tax burden. Alter all, cor porate profits continue to set new records and' individual incomes are at a new high for the nation, i The office-holding candidates, about to seek reelection, placate the taxpay ers by putting over a bill to reduce wha the taxpayer must pay. It is an easy thing to do but the nation faces new and heavy expenditures in con nection with its role in world affairs and can ill afford the luxury of cut-1 jting down its income. In fact, it is I not at all certain that the next fiscal jyear will produce any surplus, much .less an amount sufficient to make a sizable reduction in the national debt. If the federal government does not pay its debt, when its income is at a record high, one might well wonder when the debt will be reduced. Cer- tamly, if tax reduction is for the good of the nation today it will be for the good of the nation in 1950 when another election year rolls around. Eisenhower Not Political In Urging Preparedness General Dwight D. Eisenhower has requested Congress to pass legisla tion to provide for universal military training and the draft of men from nineteen through twenty-five years of age, I The Commander of our armed for ces in Europe explained to the mem bers of the 'Senate Armed Services Committee that the day of push button warfare has not arrived and that man power is needed, just is it was needed in the invasion of Europe that he conducted. . Declaring that in any future war, "the first thirty to sixty days may determine our ability to carry on," the General pointed out that air power, while of the greatest impor tance, cannot win a war alone. The declaration of General Eisen hower in favor of these military The American people, who will have the bill to pay, should be interested in the details. The present authorized strength- of our armed services is 1,884,600 men. Lagging enlistments have brought down the armed strength - to slightly more than one million men. An increase in person nel is recommended to bring these services to a combined strength of Obviously, selective service is not the first year and about $2,000,008,000 expected to provide a safe contingent annually thereafter. ... Wire Fencing We Have Just Received a Carload. PRICES RIGHT. SEE US FOR YOUR NEEDS. FARMERS SEED & FEED COMPANY GRUBB STREET HERTFORD, N. C SOMETHING NEW FOR MATERIAL HANDLING Ife DELL Ptune-Zfovci Known at the "one-man half -ton mover that goes anywhere with anything" . . , , the BU PrimMovtr actually does the work of four men with wheelbarrows. Tkli versatile, ntchBlcc!!r-dnmpIng barrow ir mounted on a powered three wheel chassis. 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The Perquimans Weekly (Hertford, N.C.)
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April 23, 1948, edition 1
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