The Herald from Jasper, Indiana • Page 18

Page 16 THE DAILY HERALD Thursday, April 12, 1962 Government To Fight Hike In Steel Prices (Concluded from Page 1) ministration officiate, including Labor Secretary Arthur J. Goldberg and A tty. Gen. Robert F. Kennedy, were to meet in the executive offices.

Their purpose was to examine all possible information on effects of the $6 per ton steel increase, then consider a long list of possible government actions to combat inflationary impact of the price hike. A report will be made to the President and a public announcement on the conference was possible late today. Pricing Practices Inquiry The unusual strategy conference was called as several U.S. agencies and Democratic-controlled congressional committees took new aim at the giant steel producers. The Justice Department may summon a federal grand jury to investigate the pricing practices of for possible criminal violations of the antitrust laws.

The President also disclosed Wednesday that the Federal Trade Commission had started an inquiry into possible price-fixing violations. Kennedy hinted broadly that proposed faster tax write-offs for machinery used in steel plants might be delayed or cancelled completely. This would nullify a tax savings anticipated by the steel firms. When asked about this possibility at his news conference, the President said he already had been discussing the impact of the steel price boosts. The President endorsed congress- sional investigations into the steel price rise.

In the House, Chairman Emanuel Celler, announced his anti-trust subcommittee would open public hearings May 2. Chairman Estes Kefauver, of the Senate antitrust subcommittee, said there was a strong chance he would reopen hearings on steel industry pricing practices he held in 1957-58. A Justice Department spokesman said only that the matter was study." The antitrust laws bar collusion among companies on raising or maintaining prices. They also outlaw any to monopoly" that would result if a company is so huge it coerces all other firms into matching its price increases. Officials said, however, the law did not prohibit so-called that prevail in the auto and steel industry.

Candy Sale Saturday For Benefit Of Jasper High School Band 13 Freight Cars Derailed At Greenwood (Concluded from Page 1) and the office. Manager Paul Miller said an undetermined amount of fertilizer and soybeans spilled out. Miller said three men would hava been working in the area if tha accident had happened about a half hour later. But no one was in the building when the train derailed. No members of the train crew were injured.

Supervisory personnel were at the scene to determine the cause of tho increases on the federal budget with accident and work crews began the Treasury Secretary Douglas Dillon. clearing the wreckage from Faster depreciation schedules will be tracks. The spokesman said it reviewed very carefully, he said. probably would take several hours Increase Defense Costs The President said defense costs to open the track. The derailed cars included several The photograph above of the Jasper High School Rand will appear on boxes of candy to be sold on Saturday of this week by members of the high school and grade school bands in the annual Jasper High School Band Parents Club fund-raising venture.

This marks the third year the candy sales are being held. Proceeds are used far various needs of the high school band, such as uniforms. Parents of the students will help to distribute the candy, of which three varieties are available: turtles, chocolate mints and assorted chocolates. Mrs. Robert Sctinaus, Mrs.

Rudy Sturm and Mrs. Lucy Wallace again comprise the committee In charge of the sale. Welsh, Risiine Claim State Needs New Image' (Concluded from Page 1) would climb by an estimated $1 bil- box cars, a covered hopper, and New Mexico, lion a year because of the price three piggy-back cars. A PARKET MARKET Price Change The Price On U.S. CHOICE Round Steak Should said he also criticized the front piece picture on the official state map put out by highway department on the grounds that it to convey any The photograph is of a roadside scene.

look at all that waste space Ristine said. least they could do is put insert maps of Vincennes and Crawfordsville in some of that wasted Vincennes is hometown, while Ristine comes from Crawfordsville. precinct boundary on the other. By this time De Caprio began to feel like he had wandered into a re-run of one of his shows. So ho gave up the search, with the following comment: I think that showing Muldoon (one of the patrolmen in Car as an idiot on our show was too Due to a delay in shipment of Spraze Hair Spray we must substitute this stamp offer 25 Extra Dubois Gift Bond Stamps With Purchase Of $1.00 Purchase of Health Beauty Aids Director Of "Car 54 Has Story For His Show (Concluded from Page 1) New York.

He waved down a passing police car and in a manner worthy of the confused occupants of Car 54. the patrolmen told De Caprio they were but there was nothing they could do and he would have to report the incident to the nearest precinct. He went to the precinct and was told that he had come to the wrong one. A visit to another precinct was equally fruitless. It also was the wrong one.

It seems parking lot Teachers Told To Go Back To Their Classes (Concluded rrom Page 1) 3 500 pupils went on a rampage. The 40 teachers who were inside the school stood by helplessly while students ran screaming through the corridors, throwing books, eggs, and cartons of water at one another. Similar disturbances were reported at a number of other schools and extra police were called in to crush the brawls. Negotiations which failed to re solve the dispute were carried on in an atmosphere of mounting resentment. aggravated by a political hassle between Democratic Mayor Robert E.

Wagner and Republican Gov. Nelson A. Rockefeller over state financial aid to education. BUTTER MARKET CHICAGO Butter steady; 93 score 92 score 57 90 score 561 57 City Goes On Daylight Time On April 29th (Concluded from Page 1) City of Jasper a special rate on electricity. The rate will save the School City more than $3,500 a year, he said.

Ermin Friedman, who operates the Star Light Drive-In along the highway just south of the asked that a fire hydrant be installed near his place of business. The installation was authorized. There was considerable discussion of the establishment of a grade in the residential area north of Memorial Hospital. Mayor Knies said the following men will serve on a committee that will investigate complaints of smoke and dirt lodged by the citizens: Charles Nolan, Dennis Keller, Jim Brendle, William Seng, and Nathan Taichert. Ralph Brescher, who operates a service station at Sixth and Newton, asked whether some provision could be made so he could solve the parking problem of the vehicles that come into his station to be washed or serviced.

The council authorized him to park one vehicle at a time at any meter available in his area for a fee of $5 per month. Mayor Knies and the council discussed raising of the level of some of the streets in the south part of town so that they will be more passable in times of flooding. was on one side of the street and READ CLASSIFIED PAGP READ THE CLASSIFIED PAGE OPTIONAL CHARGE PUN SELECT THE CHARGE PUN TO SUIT YOUR FAMILY BUDGET! You Have The Option of A 30-DAY CHARGE ACCOUNT WITH NO SERVICE CHARGE OR YOU MAY TAKE UP TO 6 MONTHS WITH A SMALL SERVICE CHARGE IF YOU DO NOT HAVE A CHARGE ACCOUNT WITH NOW WOULD BE A VERY GOOD TIME FOR YOU TO OPEN ONE FOR FURTHER INFORMATION VISIT US Schneider's Dept. Store (2 North of Courthouse) Jasper, Indiana.