The Cincinnati Enquirer from Cincinnati, Ohio on April 21, 1964 · 28
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The Cincinnati Enquirer from Cincinnati, Ohio · 28

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Cincinnati, Ohio
Issue Date:
Tuesday, April 21, 1964
Page:
28
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?e 28 THE CINCINNATI ENQUIRER Tuesday, April 21, 19J Public Vs. Private Accountants Hear Attack On Federal Power Loans Answer The Phone, I Haven't A Thing To Wear? Government in business the utilities business is being carried on with taxpayers' funds. "The problem today Is whether or not our business or any part of it should be financed, owned or operated by government rather ihaa by people who are liee to Invest or not invest in a free market system," Edwin Vennard of Edison Electric Institute said Monday in Cincinnati. He addressed some 1100 utility accountants attending the opening session of the three-day meeting of the National Conference of Electric and Gas Utility Accountants. Mr. Vennard said below-cost loans by the Federal Community Facilities Administration to finance municipal gas systems have a familiar ring. So do loans by the Rural Electrification Administration to co-operatives desiring to get into the telephone business, he declared. Mr. Vennard, vice president and managing director of the institute, cited a recent study showing the Lingle Quits NASA, Will Rejoin P&G Former Procter and Gamble Vice President Walter L. Lingle Jr. resigned Monday as deputy associate administrator of the National Aeronautics and Space Administration in Washington, D. C. The resignation will be effective May 15. He will return to P&G September 1. Howard Morgens, P&G president, said Mr. Lingle's assignment will be announced shortly before his return. . "We will be glad to have him back with us," Mr. Morgens said. "Before taking his leave of ab sence, Mr. Lingle was with the company for over 30 years and he knows our business thoroughly." Mr. Lingle moved to Washington in February 1962 as deputy administrator of the Agency for International Development. He became associate administrator for public affairs in the space organization in June, 1962. Later he served as NASA assistant administrator for management development and deputy associate administrator for Industry affairs before taking his present Job In November, 1963. 1-. Russell Kelly Kelly Appointed Vice President Russell R. Kelly has been appointed vice president of Strauchen & McKlm, Inc., Cincinnati advertising agency, the board of directors announced today. Mr. Kelly has been associated with Strauchen & McKlm since 1961. He has served as creative director and account executive. He will continue in the latter capacity In his new position. Mr. Kelly headed his own toy and novelty manufacturing company before Joining Strauchen St Mc-Kim. Named At Agency Ml! ti.fi Mann Mrs. Bass Ronald J. Mann has been appointed vice president of the Les Victor Advertising Agency, Lester Horwitz, president, announced. Mr. Mann, a graduate of the University of Cincinnati, has been with the firm since 1960. Alio announced was the appointment of Jo Ann Bass to copy director. Mrs. Bass has been associated with a Tulsa, Okla., firm and taught English at Woodward High School in 1956. average price of 10.1 mills a kilowatt-hour for energy sold by these co-operatives. But the rate is actually 13 mills when adjustments for taxes paid by Investor-owned companies and the average 2 Interest rate paid by the U. S. Treasury on REA loans are considered. In other words, REA ?s using taxpayers' funds to finance generating and transmission facilities that do not bring any economic benefit, Mr. Vennard said. NEW YORK W See-as-youtalk telephone service was demonstrated Monday between the Boll Telephone System's World's Fair Building and Disneyland, California. The first transatlantic call on what American telephone and Telegraph Co. has named the "Picture-phone" was made by William L. Laurence, science consultant for the fair, to Donald Shaffer, managing editor of the Anaheim, California, Bulletin. Later hostesses at the fair and Disneyland were Introduced via Picturephone and chatted with each other. Both video and sound came through clearly. Charles M. Mapes, an AT&T engineer, said, "We can't hope to provide Picturephone service for the ordinary residence and business office in the near future but we are hopeful of offering the service in the next few months on a market trial basis." The system will be demonstrated during the fair with calls going between eight sets at the fair and three at Disneyland. AT&T said the system Is the first dialable visual telephone system with an acceptable picture that is economically feasible. Eventually Picturephones will be Interconnected with the regular telephone network. The Picturephone has three parts, a chassis with 4 by 5 inch video screen camera and loudspeaker, a control unit used for "dialing" (numbers are actually tapped on pushbuttons) and a power supply. The caller can use a regular telephone handset for a hands-free speakerphone. The cailer presses an "on" button, then a button labeled "V" and then taps the number. By pressing ai other key he can see his own picture before it is transmitted. And he also can choose not to send the picture to the party being AT&T said it will Interview people who use the equipment at the fair to try to find out whether many customers would want the service. Previous visual telephone systems have been bulky and AT&T said it has not been possible to achieve an adequate picture with a reasonably sized set. Financial Notes Thomas J. Blank, Jeffrey Lazarus Jr., and Jule Mayer of the Cincinnati office of Hayden, Stone Inc., recently completed a three-day national management conference at the Hotel Delmonico in New York. More than 150 officers, managers and employees of the company's 90 branch offices attended. SCHEDULE CHANGES Effective April 26, 1964 Trin 5, The Humming Bird, will depart at 6:45 PM ET instead of 6:55 PM ET for Louisville, Nashville, Atlanta, Memphis, Birmingham, Mobile and N(w Orleans. Train 6, The Humming Bird, will arrivu at 8:00 AM ET instead of 7:45 AM ET from New Orleans, Birmingham, Atlanta, Nashville, Memphis and Louisville. Train 17 will depart at 6:30 PM ET instead of 6:45 PM ET for Corbin, Knoxville and Atlanta. Train 18 will arrive at 8:10 AM ET instead of 7:55 AM ET from Atlania, Knoxville and Corbin, LOUISVILLE & NASHVILLE RAILROAD I o 2 .1 I,.,., l.i li.l.ll. ll.ll .1111 III. I HI..H IIIJIIJIIIIIHI.HHIUIUIIIMIIIM.III ID IHULUIM I. Hill IIIHIIIII IIHIIIil.il 11 in mil .1 -III., .illiiniilllll..llililini I f I" ; ''SEEP ?4 . amsim w m amm L- , , v , , nnrin i , n ,, rW.r r. r ,r i n i i ' See m yourself This is Carlton, the unusual new cigarette from The American Tobacco Company Everything about Carlton is selected and crafted to produce this one result: (Low "tar" and nicotine, with real smoking pleasure,) It is so low in "tar" and nicotine we print test results on all packs and cartons Carlton has a distinctive blend, high porosity paper, special air vents, and a new "flavor filter" with activated charcoal which actually enriches the taste We believe you'll want to try Carlton We also believe you will find it a new and pleasurable smoking experience Give Carlton the time it takes you to smoke a cartonOSee for yourself . 4 JJttibi M , fc, 4 A,j.A.t a. a. a, a.,,. A..-..A fn a.a.a, a.a, 1,4, a ,yt -rV . --A, a, ft, ! I I iA i it M I J

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