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♦ ? Thursday, October 19, 1950 THE CLINTON CHRONICLES Page Seven End Of Korean Conflict Predicted Within Weeks lied troops to the explosive Man-!program is again instituted, (3) and churian and Siberian borders is not that the whole farm support price known. , i program Would be jeopardized as South Korean troops were first to a result of high-level support prices cross the 38th parellel, the artutrary on unrestricted production. He em- , boundary between North and South phasized that, under an acreage al-1 t Tokyo—Military circles here spec- j Korea, in pursuit of the broken Red lotment program, the Secretary , wate generally that the Korean war a nny that invaded South Korea June could deny support price to farm- will be over in a matter of weeks, j 25. This could mean that republican ers over-planting their allotments, They expect that major fighting forces will be used to make the clos- in 1951. est penetrations to the Communist; The whole South now seems to borders touching Korea on the north- be critical of the Secretary’s hand- west and north. Iling of the cotton program. Senator There is little expectation in Tok-'Johnston (D.-S.C.) is urging acre- yo that any important Soviet or North a g e allotments for 1951. nnn i Korean officials will be found in Pyongyang. An escape route is still will end after United Nations forces drive into the North Korean Com munist capital of Pyongyang. Spear heads were within 40 miles of that city today. A slow and perhaps lengthy clean up campaign to eliminate holdout fragments of the North Korean Red army probably will continue after the close of the main military operation, i regular Allied air attack. Tokyo circles have been optimis-! tic as to a quick end of the fighting 1 paritl BllfCOU since the Sept. 15 landing at Inchon' pulled apart the Communist army. This opinion has been voiced repeat edly by field commanders who have said the North Koreans definitely are beaten. Pyongyang is considered here to be the last major military and po litical objective of the United Na tion* overland offensive. But its ex pected capture probably will not mark the high water mark of the Al lied Drive northward. ”Army commanders have said of ten that their job is to destroy the North Korean military force and in doing so to hunt out its remnants, wherever they might be. How close the chase will take Al- open to the northward although main Fight New Credit highways and railroads are under | n Effect Hit By Business Complete Oar tow track la rirtaal- \y a machine And that for XML Complete repair* of ten made on the spot. Hav ing time and money. Drop track today. Timmerman Motor Co. Phone 119 Criticizes Cotton Policy of Government Anderson, S. C., Oct. 17—Allan B. Kline, president American Farm Bureau Federation, sent the follow ing telegram to Ralph Trigg, PMA Administrator, on Oct. 13: “American Farm Bureau Federal tion is vitally interested in protect ing domestic supply of cotton in order to meet civilian and military requirements. However, we be lieve that the announcement of two million bales export quota (Aug. 1, 1950-March 31, 1951) is lower than is necessary to insure adequate reserves. “Cotton producers are now in height of ginning and marketing season. This announcement, com ing at this time, is working to dis advantage of producers and to ad. vantage of cotton buyers and tex tile industry, and will adversely affect future exports of cotton. “We believe that this will jeop ardize 1951 domestic production of cotton. A tentative export quota of 9,500,000 bales is more relaistic We urge that a supplemental quota be announced as soon aa possible." E. H. Agnew, president of the S. C. Farm Bureau, today announced receipt of a copy of the Kline tel egram and another telegram from Boswell Stevens, president Missis sippi Farm Bureau, urging action insisting that the Government im Washington, Oct. 15—Tight mew credit curbs—more money down for household appliances, bigger month ly payments on cars—went into ef fect Monday. The Federal Reserve Board says they’re necessary to control inflation. Many business men, especially auto dealers, say they’re not necessary and that they’ll cut buying too dras tically. % A first round of restrictions on in stallment-plan buying was put back into effect only a month ago. The new rules tighten them to this ex tent: 1— New and used cars must be 1 paid for in 15 months instead of the previous 21. The one-third down pay ment requirement stays in force. Fi nance companies say it now will take about 590 a month to buy even the lowest priced new cars. The rules are as stiff as any of World War II. 2— The down payment on televi sion sets and other major household appliances now must be at least 25 pet cent and payments must be com pleted in 15 months. Formerly the down payment was 15 per cent and the payoff period 18 months. 3— On furniture, the down pay ment jumps from 10 to IS per cent and the payoff period is cut from It months to 15. The effect of credit controls is greatly widened by another mew rule making the higher down pay ments on articles costing $50 or more. | Until now the controls haven't af fected articles costing less than $100. The board, in announcing the new curbs, said reports from all parts of the country showed “continued up- media tely begin stock-piling cotton ward pressures on prices,” since con st a minimum price of 40 cents per trols were re imposed September 18. pqund basis middling 15-19. Automobile industry sources said Agnew wrote to Secretary Bran-'the new restrictions would cut pro- nan urging acreage allotments on > duction of cars and thus increase un cotton for 1951 with an increase ov- employment. er 1950 allotments sufficient to pro. The Detroit automobile Dealers as- duce enough cotton to meet 1951 sociation called the restrictions “1 requirements. After the Secretary's terrible blow.’* announcement that there would be “People In,the lower income brack- no restrictions on 1951 cotton pro- eta, who must rely on time buying, duction. Axnrw issued a critical cannot purchase cars on a 15 months') statement setting for (1) that the maturity," said Charles Dalglelsh, machinery for effective handling a president of the association, cotton control Drorram would be Some used car dealers, who said out of gear, (2) that the Southeast business dropped from 90 to 75 per cent after last month's restrictions,' FREE! 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For the last eight consecutive truck production years, Chevrolet trucks have led In demand and sales . . . are far ahead this year. Come in—let us give you the facts. ,n den* first'" r* ICSt!" safe} GILES CHEVROLET COMPANY, Inc. Phone 26 West Main Street CUmton, S. C,