FRIDAY. FEBRUARY 25. 1955
Nationalist Planes
Bomb Red Islands
TAIPEI, Formosa, Friday, Feb. 25 (£>)—Air Force head
quarters said more than 70 Nationalist planes bombed Red
islands yesterday north .and south of Nanchishan from which
all have fled.
Despite the continuing air strikes, a pull-out of the 5000-
man Nationalist garrison from Nanchishan Island, 140 miles
northwest of Formosa, .would be ho surprise.
An air force communique said the Nationalist raiders
destroyed 11 barracks and other
military targets in attacks on the
Taishans, 30 miles south of Nan
chishan, and the islet of Peilung
shan, 12 miles north.
Got Back Safely
All got back safely after en
countering antiaircraft fire, the
communique reported.
The last of the civilians—some
1000 fishermen, farmers and their
families—were headed toward
Formosa today. About 1000 oth
ers, mostly Army dependents,
were taken off .two weeks ago.
The Nationalists appear to have
tried to get the United States to
assure support, for Nanchishan
should the Reds invade it but
Washington apparently has per
sisted in a flat no.
In Washington Thursday, Henry
Sydam, a press officer for the
State-Department, said it was up
to the Nationalists whether they
gave up Nanchishan. He said the
United States has hot insisted on
it
Tax Debate
Gets House
In Uproar
WASHINGTON, Feb. 24 (#)—
A Democratic drive to cut income
taxes rocked the House with
name-calling debate today. The
outcome apparently hung by a
slender handful of votes.
“Blackjacking . . , cheap poli
tics ... monkey business .. . cruel
injustice” these were the epi
thets flung in an old-fashioned
party-line scrap between Repub
licans and Democrats.
Speaker Sam Rayburn (D-Tex)
and his lieutenants voiced strong
confidence that in showdown vot
ing, postponed until tomorrow,
they would push through their
plan for a $2O-a-person tax cut
starting next Jan. 1.
Tremendous Impact
But Republican Leader James
L. Martin (Mass) said President
Dwight D. Eisenhower’s strong
personal fight against the cut was
having a “tremendous impact.”
Republican leaders generally
shoWed growing optimism they
could kill the tax-cutting move.
Sohle other Republicans con
ceded' privately Democrats might
hold the slimmest of margins, but
they added that no predictions
were safe.
The Democratic bill would pro
vide a $2O annual tax cut for each
taxpayer and . each dependent—
sloo; for a family of five.. It would
slice about $2,200,000,005 from fed
eral revenues over a full year.
31ack jacking Operation*
Assistant Republican Leader
Charles A. Halleck of Indiana said
he didn’t like to use such harsh
words, but Democrats plainly
were, guilty of a "blackjacking
operation.”
He referred to the fact that the
tax cut was wrapped into a pack
age bill also carrying out Eisen
hower’s request to postpone about
three ' billion dollars in corpora
tion income/and excise tax cuts,
now set for April 1. To kill the
reduction, Eisenhpwer would have
to veto the whole bill.
No Request for Aid
Sydam said insofar as he knew
there has been no Request for
United States! help in removing
either civilian or military per
sonnel from the post.
Should ■ Nanchfshan be aban
doned to the Reds, the Nationalist
hold on islands just off the main
land would be restricted to Matsu,
guarding' the approaches to Foo
chow, and Quemoy. seven miles
off the port of Amoy,
Swimsuit Suit
Filed b Model
y nodei
NEW YORK, Feb. 24 W—Lynn
Jones, a photographer’s model,
wants $lOO,OOO because she claims
someone substituted her body for
.Jane Russell’s in a photograph
advertising the movie “Underwa
ter.”
Miss Jones, 21 and blonde, asked
that amount in a damage suit filed
yesterdaj in Manhattan Supreme
Court. She named as defendants
RKO Radio Pictures, Howard
Hughes, to whom Jane Russell is
under personal contract, and Har
ry Tatelman, producer of the pic
ture.
The model charged the alleged
switch of bodies caused her hu
miliation, mental anguish and dis
tress. She said friends have greet
ed her with “I see Jane Russell
is swimming around with your
body.”
THE DAILY COLLEGIAN. STATE COLLEGE. PENNSYLVANIA
Churchill Government Increases
Bank of England Interest Rates
LONDON, Peb. 24 ( JP ) —The Churchill government made it tougher today for Britons to borrow
money and to buy on time. The announced aim is to prevent any runaway inflation threatening the na
tion’s prosperity boom.
Chancellor of the Exchequer, Richard A. Butler, in boosting the nationalized Bank of England’?!
interest rate on loans from 3% t 0,4% per cent, told the House of Commons:
“We have borne in mind that our economy is fundamentally stronger than it has been at any tivtle
since the war and that the in
dustrial base |s sound. I am de
termined not to allow an unheal
thy position to develop.”
The interest rate affects credit
in the sterling area—which in
cludes most of the British Com
monwealth nations —as well as
Britain.
Laborites heckled the announce
ment of tighter reins on install
ment buying. There were shouts
of “set the people free.” '
On Spending Spree
Britons for months have been on
a spending spree for items regard
ed here as luxuries. The country
is riding high with full employ
ment and jobs going begging.
Butler’s new orders, put into
effect by the Board of Trade, re
quire a down payment of 15 per
cent of the cash prices under
which automobiles, radios, tele
vision sets, furniture appliances
and a wide range of consumer
goods can be bought on time.
The maximum time allowed to
complete payments is 24 months
on most goods affected and 48
months on the others. Restrictions
on installment buying had been
removed only last July. The first
reaction from’ dealers was that the
new terms were “not unduly bn
erous.” Many companies already
were working within the limits.
Highest in 25 Yean
The rise in the bank rate made
it the highest in almost a quarter
century. It was the second jump
within a month. Making money
dearer, the hew- rate cuts down
the volume of purchasing power.
The government idea is to get
manufacturers to siphon off more
of their goods into the export mar
ket.
■ The boost in the rate sent
prices tumbling on the London
Stock exchange in their biggest
plunge of a single day since the
Socialist Labor party took over
the government from Winston
Churchill July 26, 1945. The Fi
nancial Times industrial ordinary
index nose-dived seven points to
177. British government bonds al
so had their worst fall in years,
plummeting from 99.70 to 96.47.
$60,000 Slits of Ham
ELIZABETH, N.J. Feb. 24 (/P)
—Counsel for the Pennsylvania
Railroad said today the company
will appeal, a $60,000 dam a g e
award to a dining car steward
who was fired for allegedly try
ing to steal a slice, of ham.
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Asian Military Committee
To Deal With Communism
BANGKOK, Friday, Feb. 25 (/P) —The Southeast Asia defense con
ference set up a military commit'
to work on measures to cope ■witl:
It had assurance from Secrel
of backing by what he described «
West Germans
Hotly Attacked
BONN, Germany, Feb. 24 (JP) —
Socialists hotly attacked West
German rearmament in the
Bundestag tonight. Outside, the
Communist demonstrators were
drenched by police who wheeled
up water cannon. But government
Whips worked behind the scenes
to line up a safe majority for rati
fication by Saturday.
A parliamentary debate opened
under the menace of street dem
onstrations. Hoads approaching
parliament were cordoned off by
1300 police.
, A police water cannon, a mobile
firehose rig. drenched hundreds
of Communists tonight in Frjed
ensplate Peace Square, in the cen
ter of Bonn. They had jeered pol
ice orders to disperse.
- / The officers also rolled up a
water cannon to handle 120 im
ported Ruhr Communists ih front
of Konrad Adenauer’s chancel
lory. The throng broke up with
out a fight. A dozen were arrested.
At nightfall, more than' 1000
Reds attempted to march on Par
liament, but were turned back by
police into an old section of the
capital.
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tee yesterday which went swiftly
i communism.
tary of State John Foster Dulles
is the most powerful U.S. striking
force in history. His description
took into consideration nuclear
weapons developed since World
War 11.
The conference, which winds up
its three-day sessions today, p k
ed Bangkok for permanent h-ad
quarters of a secretariat or coun
cil of representatives with ambas
sadorial rank.
It also mapped plans for sub
committees which will deal w'th
subversion and economic prob
lems.
Dulles and British Foreign Sec
retary Sir Anthony Eden talked
over the Formosan situation a; a
dinner last night at the U.S. Em
bassy.
, No announcement came out of
the meeting as to whether F . n
and Dulles went into steps t' e
taken in event Red China sL d
attack the offshore islands of Q i
moy and Matsu, regarded as
stepping-stones to Nationalist For
mosa.
Under plans being worked out
by the - newly created military
committee, there will be no over
all commander or separate force
such as is the case for the North
Atlantic Treaty Organization,
Instead, each nation would t ain
its own troops and keep th:m
within their home commands ”.n
-less needed elsewhere jo stop
Communist aggression.
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