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ATHENS BANNER - HEBALD
ESTABLISHED 1832 .
Puplished Every Evening Except Saturday and Sunday and on Sunday Morning by Athens Publishing
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RO T\ 3 deemer liveth, and that he
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% day upon the earth,
And though after my
skin worms destroy this body, yet in my flesh
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e e et
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‘_—-——'-__—-.;—_
Steel Industry Prospered in
.
Wartime Boost by Government
BY PETER EDSON
NEA Washington Correspondent
WAS‘!IN(}TON,——(NF.ZA)-—Thme may be con
siderable wasted breath in all the oresent ‘hullaba
loo over President Truman's alleged proposal to
naticnalize or socialize the steel industry,
Anvone who will g 0 back to the record of the
war yeacs will find that the stecl industry really
ought te be cheering any government proposal to
build it more steel plants. The reascn is that ali
wartime activity in this business turned out to be
a great boon and windfall to private industry.
In all, there were 150 steel-making facilities
built at government expense. Fifty-two were iron
and steel-making plants proper, Fifty were foun
dries, 16 were forge plants and 32 were alloy fur
naces, mines, coal ¢nd coke plants and so forth.
The government built these plants at premium
prices. Often the government units were inte
grated with existing facilities tnat the private
steel companies themselves owned. In short, the
government mevely expanded their capacity to
make money, for free. The government then gave
the companies ccntracts to operate the plants.
And when the war was over, the government sold
the plants to private operators at. about 27 cents
on the dollgr of original cost. To date, roughly 100
plants costing $680,009,000 have been sold ior
$250,000,000,
If the Truman docirine for enlarging stcel pro
duction—or any other industry-—should work out
that way in the future, it's hard to see how pri-
vate business can have any complaint. The tax
pavers may be entitled io complain, however.
GOVERNMENT DOESN'T DESERVE
ALL THE CRFDIT
In all fairness, the government does not rightly
deserve all the credit for today’s increased steel
making capacity. Private industry itself did hait
the wartime job, and is doing more ncw. The war
plants were designed for war production only
Private industry has to spend many millions to
convert them for peacetime production.
The goernment’s share of tbis built 29 com
plete steel plants costing $5,000,000 or more apicce,
for a total of $77(.000,000. In 2ddition there were
built 121 other planis or units alongside existing
facilities of the priate companies to increase their
capacity. 'fhese cost less than $5,000,000 apiece for
a total of $41,000,000.
When it came to selling or leasing these facili
ties to private industry for peacetime operation,
there were some amazing bargains. Biggest plant
of the lot, at Geneva, Utah, which ccst $200,000,«
000, was sold to Geneva Steel for $47.500,000. Car
negie-Ilinois got a $22,000,000 plant at Braddock,
Pa., for $14,000,000 and an* $86,000,000 plant at
Homestead, Pa., for $44,000,000. And ‘zo on.
DISPOSAL JOB ABOUT COMPLETED
The War Assets Administration job of disposing
of surplus steel plants is now just about com
pleted. Bids on purchase of the last big govern
ment steel project —the four big Copperweld
plants at Warren Ohio, will be opened January
21. These plants cost $19,000,000 new. After they
are sold, WAA will have left a steel foundry at
Pittsburg, Calit., and two open hearth furnaces at
Indiana harbor and Chicago.
This will maik the end of the first great experi
ment in nationalizing American steel production,
save for collecting rerts from government steel
plants still under lease to private industry.
In all, the government has now leased 27 plants
which had an original cost of $159,000,000. There
js no available figure on what the government
collects os rents.
The important thing about this business, how
ever, is that all the steel plants and units built by
the government during the war are now in opera
tion. A few of the plants were cannibalized. That
is, their machinery was moved to other plants.
But none of this capacity was scrapped, and none
js now idle save possibly the exverimental sponge
jron plant at Warren, Ohio.
The government’'s wartime investment in in
creasing steel capacity paid olf in that it is now
providing not only goods but also jobs. The de
duction from this could be that if the governmeni
had not gone into the steel business during the
war, ther'é would today be still greater shortages
of steel products, higher prices and maybe more
unemployment.. And the war mignt have Leen
fost ‘
ol L
»Awiqdotnmfleaanhourisnmetimesasstrong
as a 10-mile wind.
e e,
WW of the nation’s capitel was
laid in Weshington in 1793, but the government
Many Political Parties In Israel
The government of the now nation,
Israel, is beset with the same trouble that
confronts France, that is too many polit
ical parties. There are at least a dozen of
them and such a maltiplicity of parties
alway: brings about confusion and ren
ders governmental decisions more unsat
isfactory and more difficult of enforce
ment.
I the case of Israel, this is understand
ablc, for the Jews who constitute practi
callv the entirc population, have come
from every section of the world and in
their former homelands have had various
forms of government and entertain vari
ous ideas as to what constitutes good gov
ernment.
Necessarily the Jews have had a diffi-|
cult job in establishing their new govern
ment in Palestine, and between them and
the Arabs there are a number of differen
ces to be ironed out, hut they seem to be
making progress. The establishment of
boundary lines hetween Israel and the
Arab state are yet to he definitely fixed
and the fighting between Jews and Arabe
goes on from time to time, but in the due
course of time that will be accomplished.
There are two main parties in Israel,
known as Mapai and Maipani. Both are
labvo-socialist parties. The latter is the
more radica! of the two, though the for
mer has polled a larger percentage of the
vote. Genrerally speaking both parties
wish to conciliate the Soviet Union and
aleo ail of the democracies. 'That is a big
job and it is doubtful whether their ef
forts in that direction will ever be sue
cessful. Of course there will be in the fu
ture much contention with the Arabs,
who constitute the majerity of the popula
tion in that part-of the world. ‘
Like all other nations in Europe there
will have to be a riddance. of so many po
litical pdrties before real ‘effective gov
ernment can be established.
Japan’s Five Year Plan
Ever since Russia inaugurated its five
vear plan for rehabilitation and increase
of its industrial power, it has heen more
or less the policy of a number of other
nations to adopt five-vear plans and bud
get expenses accordingly.
Japan now has a five-year plan with
the goal in view of putting that nation on
its feet by 1953. It is an ambitious dream,
one that cannot be accomplished without
+he material help from the United States
and a dream that iz not apt to come true
by 1953, but it is a worthy undertaking on
the part of the Japanese even though it
may pot in full, be successful. It will at
least start a movement towards rehabili
tation and a start must be made if Japan
is ever to improve her condition in the
world.
It is recognized that Japan must do
gomething to become geif-supporting as
soon as possible. Just now it is far from
being self-supporting. This plan calls for
the trebling of the level of industrial pro
duction, the doubling of the productivity
of labar and a nine-fold increase in the
volume of exports. That is an ambitious
problem and it is recognized that it can
not be accomplished without being aided
by America to the extent of move than a
billion doliars over that period of time.
To bring success to this plan, the first
necessary step is to preduce enough to
feedd her pepole. Millions of them &re on
the verge of starvation and most of them
are undernourished. This in itself is a stu
pendous job. The second step is to in
crease her industrial output without
which she hopes o make exports neces
sary to receive income enough to meet
necessary obligations. 7 : i
And the big question after all is how
far wiil the United States go towards aid
ing Japan in this work. In view or the
Communists overrunning China the ques
tion is being seriously discussed 1 his
country as to whether or not Japan should
be restored to an extent sufficient to use
that nation as a buffer against Seviet ag
gression pand to, preserve our necessary
domination of the Pacife.
Control in the western Pacific is now
passing to the Communists. — Admiral
Charles M. Cooke, jr, U. S. Navy (re
tired). sl il
, :
Clearly we are all insane. . . . No sane
people would war with atemic weapons,
vet all peoples who can are preparing to
do so.—Robert J. Blakp!y, chief editorial
writer, St. Louis Stav-Times. . ____ . {
THE BANNER-HERALD, ATHENS, GEGRGIA
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Kroger-Cut Tenderay, Bone In - A/Y¢ ‘e o »’f’ Mfl %‘w
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Stewing Beef . . ™2s¢ = W\ \\ N, <= e g/ “Opin,.
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Hdl’”bdrger e e 44?2 fected a modern method to make fresh beef \‘i\\ i .%;:g}‘? L;.‘): '-—:fi*.f"af,-,{ T[:lilg;:‘gy 2 J:
Kroger-Cut Tenderay Beef tender without ‘‘ageing.”’, & \\"\Q TP %« R '\‘ Yo T m YOU 4 6_;_'_,-{8 |
Rib Roast Lh. 69¢ Kroger Tenderay is cut from top U. S. Grades /% \ ; il a %&,. ot o -."'""'"M».‘-.i?—"y A ald Then. §
LR 4 gos finest grain-fattened beef. The Kroger meth-‘/ ™~ NN BN x7', fl C/fii‘,fi .;513,’,‘,’5 ”-» ¢ H
Gold Coin or Stone Mt. yod of cutting beef removes cxcess hgneAandd; S 'f..;;-{}j' 2y _; ;//7/;/ ¥ . L,W %;
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Shced Bacon o - 55¢‘ ;You get more meai, icss bone and waste~—Dbet-1 ‘. N '\}\?s‘. . TTP s - (‘Uf’ffiflfiru 5"
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‘Standard Size, Fresh o e ;"”o‘oIHER:BEEFfso‘FRESH‘CAN,BEisq fi”pfk! TR o \v & fl;!‘{/fiy,‘. ~:‘
Va. Oysters . . "rac69¢ - e [ Aumgyg” FREsy 3
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BEEF CHUCK ROAST
P i , LB. ¢ / la’("/.~ £
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PORK LOIN ROAST 03¢
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Royal Gem White or Yfellow
Cream Gorn . . . 2~:c29¢
Packer’s Label
Turnip Greens . . . ~:c10¢
Georgia Belle Cut
Green Beans . . 2x~.:cn2B¢
Early June
Winchester Peas 2.- 25¢
New Low Price! Save 8c! Gold Strand
Grated Tuma . . . . » < 20¢
Grade “A” Large Fresh 4 /,
Kroger Eggs . .". . »=ca:B9c
Plain or Self-Rising 3
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White Lily Flour 10 - $1.05
Whitworth Alaska
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Pink Salmon . . . . %33/
All Popular Bgands
cggarettes " " " isl -79
AVONDALE BRAND PEAS . .. . »:anlo¢
ARMOUR’S PURE LARD . .. . 4++B4¢
HINTON BRAND TOMATOES . 2w:a2s¢
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JI" I's KROGER FOR BETTER VALUES |
g ON ALL YOUR FAVORITE BRANDS
7| IlT's KROGER FOR BETTER VALUES
{g ON ALL YOUR FAVORITE BRANDS!
:g Sliced or Halves Yellow Cling
7| Libby Peaches . . . No-2% Can 33¢
”%4 Cut Al Green o :
% Stokety Asparagus . 14%0= Can 23¢ |
“Zl Tiny All Green |
f; Stokely Limas . . . 170= Can 33¢ l
’:lé Large S\\'ec't
| Green Giant Peas . . 170- con 20¢ |
4 'l‘i.n\'. Younyg, Tender !
é Libby Midget Peas . . 17.0= can 25¢ |
% l‘ur'B'.\bies
7| Swift’s Meats . . 2 3%0= Cans 39¢ |
'4 Drip or Regular Coffee |
j/’ Maxwel! House . . . . Lb Bagd3¢ |
é Ready to Serve Meat :
2 Swift’s Prem . . . 12:0: Can 46¢ |
Small Sweet |
:’/ Pictsweet Peas . . . 170 z Can I§¢ |
7 }".\!ncy : |
4| Libhy Spinach . . . No 2% Can 23¢ |
7)1 From Fancv Tematoes }i
Libby dJulce . . . 2 No. 2Cans27¢ '
\\"ho’le Kernel Yellow
Nibiet Corn . . . . 120:Can 18¢ |
Ocean Spray or Stokely's i
2 Cranberry Sauce . 2 16:0:. Cans 3¢ E
[ " World Famous, Rich Flaver! Very Juicy!
q,(” Every One Especially Selected For Better Value!
L " DELICIOUS WINESAP
§** Fresh! £ b
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'l{%l ; Qfl'f N 3 LBS. 2¢ |
jf{‘m\!‘\, 4\“l,‘ Every One Large, Sweeter, Juicier Florida
@/ Oranges ..... 19
\ =.§;l;:i!,,,;;j y Slender, Tender—Garden Fresh Flavor ,
| . Carrots . . .. 2w 19¢
Ye‘lflw Gnions Good Cookers, Dry and Solid, Bu}' ll’lcnty! 3 Lbs. I@,/@1
White Cokbler Potatoes vst 101 venreon ns 53¢
Kroger's Fresh
Marshmailows
Kroger's Fresh
Saited Sodas
Gelatine or
Kroger Pudding 3 rcs 19¢
Kroger's
Choc. Cherries 11b Bx §9¢
Kroger's Fancy . -
Santa Creams 110 rke 19¢
Fancy Cream
Kroger Mints so-rw: 19¢
Chocolate or Vanilla Cookies
Towne Tavern 54%00:r 23¢
Kroger's Homogenized
Peanut Butter 120: 5 33¢
Strawberry
Kroger Preserves 11v.)42¢
Kroger’s Hot-Dated
Spotlight Coffee . . w4oy
Chieese Food , . . 2189
Eatmore Margarine . «c 27¢
E;}‘i(_&Beans I[ 1)
Tamato Solp . 2iouoicm2]¢
(I';i\:i_i‘jlc([?;limon « o+ . tbom DGy
Ghopped Kraut . 2»0:c025¢
fi:;;;l;‘Margarine ... w4B¢
I§;i_rasafifiressing .o men e
ficlmsnardines eee Quncm QB¢
Oven Fresh ey
wo=rke. 19¢ Kroger Fig Bars 160= Tray 23¢
Kroger’s Spaqish :
lib. Py 23¢ Salted Peanuts 9.0 z. Can 19¢
THURSDAY, JANUARY 20, 1949
Welch’s Pure
Grape Juice Qt. Bottle 49¢
Kroger's Natural L
Crange Juice 460 z Can 23 ¢
Kroger's Fancy
Apple Sauce 2 N 0.2 cans 29¢
Kroger’s Fancy
Fruit Cockiail 02% can 39/
Fancy
Kroger Pumpkinwo. 21 can 107
Green and White
Rosedale Limas 17.0: can 217
Evaporated
Kroger Milk 2 7.1 cans 25¢
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