PAGE SIX
UNIVERSITY DAILY KANSAN, LAWRENCE, KANSAS
WEDNESDAY, SEPT. 22, 1948
'Brother, I'm Too Big For That!'
By Daniel Bishop, St. Louis Star-Times
Price Adjustment
Remember way back in 1946 when the Republicans decided to kill off the O.P.A. and eliminate price controls? The N.A.M.-G.O.P. propaganda went like this, "If O.P.A. is permanently discontinued the production of goods will mount rapidly and, through free competition, prices will quickly adjust themselves to levels that consumers are willing to pay."
Here is a list of those price adjustments. In June 1946 hamburger was 28 cents a pound, now it is 51 cents. Pork chops were 37 cents, now 74 cents. Bacon was 42 cents, now 75 cents. Butter was 61 cents, now 77 cents. Lard was 19 cents, now 29 cents.
The bureau of labor statistics reports food prices have risen 43 per cent since price controls were ended.
J. L.R.
"Had enough? Vote Republican!"
Wall Street Influence
Out here west of the Mississippi whenever a politician mentions the words "Wall Street" he does it with a sneer and a few choice words of denunciation. If he doesn't he soon becomes an ex-politician.
In his vote-seeking swing through the West, President Truman is not ignoring the question of Wall Street domination of the Republican party. In a major speech in Colorado this week he lashed out rather harshly at the big boys back East.
According to Mr. Truman, Wall Street is "pouring millions of dollars into the treasury of the Republican party." He predicted if the Republicans take over the government, "they will try to turn back the clock to the day when the West was an economic colony of Wall Street."
Mr. Truman probably is justified in his fears and he shouldn't have a hard time convincing western voters they must be on guard. The Wall Street influence in the G.O.P. can hardly be considered undercover or secretive.
Before Mr. Truman gets too heated up over the dangers of Wall Street influence in government, he should take a quick look around his own administration. Wall Street has plenty of representatives high up in the Truman government.
Here is a list of a few of them: W. Averill Harriman, former secretary of commerce and now roving ambassador for the E.C.A., formerly with Union Pacific railroad and Brown Brother, Harriman; John J. McCloy, president of World Bank, former Wall Street lawyer; James V. Forrestal, defense secretary, former president of Dillon, Read and Co. investment bankers; William H. Draper, undersecretary for army, formerly with Dillon, Read and Bankers Trust (a Morgan firm); Ferdinand Eberstadt, member of atomic energy commission of U.N., former partner in Dillon, Read; Eugene R. Black, assistant to president of World Bank, former vice-president Chase National bank; and William McChesney Martin, chairman of Export and Import bank, former president of New York Stock exchange.
These are only a few of the many Wall Street men who are helping Mr. Truman govern the nation. In addition to putting these men in positions of influence, the president also has fired or demoted several avowed enemies of Wall Street.
Perhaps Mr. Truman might match the current Republican search for Communists in the government with a hunting party of his own. It might save him considerable embarrassment. —J.L.R.
Daily Hansan
University
Student Newspaper of the UNIVERSITY OF KANSAS
Member of the Kansas Press Assm. Na-
tional Adm. and the Associated Collegiate
Press. Represented by the National Ad-
m. Service. 240 Madison Ave.
New York, NY
Editor-in-Chief
Managing Editor
Asst. Man. Editor
Asst. Man. Editor
City Editor
Asst. Man. Editor
Asst. City Editor
Telegraph Editor
Tel. Tel. Editor
James L. Robinson
Wallace W. Abbey
John Stauffer
Harold D. Nesion
John Weiler
Sander Robert
Robert Newman
Bill Mayer
Patricia Bentley
Business Mgr. Paul Warner
Advertising Mgr. Bill Nelligan
Agriculture Mgr. Bilar Blinder
Architecture Mgr. Ruth Curran
Classified Mgr. Elizabeth Berry
for school and after school recommended by educators Esterbrook
$1.50 to $2.00
The fountain pen with points for every student use.
LAWRENCE
ATTENTION Amateur Photographers
Typewriter Exchange
735 Mass. St.
Tel. 548
AUTHORIZED
ROYAL
DEALER
A Demonstration on Lighting and Flash Photography By
GENERAL ELECTRIC CO.
Also Local Camera Clubs Being Organized Everyone Interested in Photography Invited
COMMUNITY BLDG. 7:30 p.m.-Thursday, Sept.23
"Everything Photographic for the Amateur"
721 Mass. St.
Phone 41
Lawrence, Kan.