Hope Star from Hope, Arkansas on September 23, 1974 · Page 9
Get access to this page with a Free Trial

Hope Star from Hope, Arkansas · Page 9

Hope, Arkansas
Issue Date:
Monday, September 23, 1974
Page 9
Start Free Trial

Page-Nine , September 23, 1974 Sf AK Rockefeller reveals his earning^ taxes (AP) - Committee today he $47 million and million in lO year, Se former New York gover- ±pened his vice pfesidential Station hearings with a e statement, crammed inancial data about the s 1 worldwide in- nd tidbits of family history. ed that, "should I confirmed and should request, I will pace ^mediately all my securities Sh own outright" into a jSdtrust while he retains fed- Howard M. Cannon, D- the chairman of the e Committee, said on Sun- J v the panel will consider that iibility, but he expressed Nervations about imposing a equirement on Rockefeller beyond the requirements of the Constitution. In his statement, Rockefeller detailed his career in national and state office, including his three unsuccessful bids for the presidency. He said the "most agonizing" event of his governorship was the loss of lives at Attica State Prison in 1971, but he defended decision to quell an inmate rebellion as the "best at the time under all of the existing circumstances." Forty-three persons died as a result of the uprising, most of them when law officers stormed the prison behind a fusillade of rifle and shotgun fire. In his financial disclosure, he failed to answer questions about the over-all extent of his family's economic power, omitting information on stock holdings of Rockefeller [controlled tax exempt foundations and of banks and companies in which his family has a substantial interest. Highlights of his financial disclosure included: -His net personal worth as of Aug. 23 was $62.5 million with more than half — $33.5 million -of his $64.1 million in assets,, accounted for, by .art holdings, $12.8 million in stocks and bonds of some 50 companies, and $11.2 million in real estate. —The two tfusts ffom which he is a life beneficiary, totaling $106.2 million and $10.2 million, have the bulk of their holdings in stock of 17 companies, in* eluding approximately $25.5 million in Rockefeller Center Inc. in New York; $25 million in Exxon, the nation's biggest oil company and $15 million in International Business Machines (IBM). —Rockefeller's total income for the past 10 years was $46.9 million, his charitable contribti* tions $14.6 million and his federal, state and local taxes $21.7 million. In 1970, "my total federal, state and local taxes were down to $814,701" and he paid no federal income taxes. —Holdings in oil companies that were once part of the Standard Oil Co. founded by his grandfather, John D. Rockefeller, "have been reduced to nominal percentages." Rockefeller was expected to undergo stiff questioning about possible conflicts of interest posed by his financial holdings, while being asked for assurances he will stand by answers he gives to major policy questions. Jordan threatens peace talks boycott , ...4. _„ «*» xABAartftrf with the Geneva willing to ne NiXON ADMINISTRATION ALUMNI, the Rev, John J. McLaughHn M lef! and speechwriter Patrick J, Buchanan are among once-prominent Carryovers in the Fora White House reported on the job marKet. American aid goes to stricken Honduras NElWNATd CHIEF Alexander M. Haig Jr. will assume his new post as supreme allied military commander later this year. By G.G. LaBELLE Associated Press Writer Americans are responding to the devastation in Honduras from Hurricane Fifi with money, medicines and other emergency supplies. A Spanish-language radio sta- option in Miami collected more than $20,000 within hours after issuing an appeal. New Or- • leans' large community of Honduran-born residents made donations at a half dozen relief centers, and two Mississippi Air National Guard planes left for Honduras early today with emergency supplies. A Honduran Embassy spokesman in Washington said the greatest need was for medicine for survivors of the hurricane, which left 5,000 confirmed dead and an estimated 50,000 homeless. In Miami, Honduran Consul- General Anthonio Valladares said there is a need for almost everything along the country's devastated coast. "We don't have anything," he said. "We need everything, especially medical supplies, antibiotics, fuel to boil water, food and clothing." Red Cross officials said local y, -~ •-- ^Red'.Crois' thapte'rs'would 'taKe"' Gen: donations, and the Honduran Embassy spokesman said contributions could be sent to the Embassy or consulates in At- lanta, Boston, Los Angeles, Houston, Baltimore, New York, New Orleans, Miami and San Francisco. A spokesman for the U.S. Agency for International Development's Office of Foreign Disaster Relief said Honduras hadn't officially requested American aid but the military was authorized to send medicine, other emergency equipment and medical and survey teams. The Red Cross and Salvation Army also said they were sending personnel to help in the disaster. Whites flee LOURENCO MARQUES, Mo- zambiuue (AP) - Government officials say some 20,000 whites have fled from Lourenco Marques in the past two weeks, but the new African premier says they are welcome to return. About a third of the white population left the capital of Mozambique after racial violence uat followed the collapse of a white settlers' rebellion. The rebels opposed the Portuguese government's agreement to give control ,of_the colonial "tismt^^W**®^* the black guerrilla movement that has fought the Portugese army to a standstill in northern Mozambique. By the Associated Press Jordan has declared it will boycott the Arab-Israeli peace talks in Geneva following agreement by Egypt and Syria to work fof ah independent Palestinian state on former Jordanian territory. Jordan's decision was announced on Sunday, the day after Egypt, Syria and the Palestine Liberation Organization announced they agreed that an "independent national authority" would be established on Palestinian lands freed from Israeli occupation. Their goal is the West Bank of the Jordan River and East Jerusalem, both held by Jordan from the 1948 Palestine War until the 1967 Arab-Israeli War, Grants may be reduced NEW YORK (AP) — A Ford Foundation spokesman says inflation and a depressed securities market may force the nation's wealthiest philanthropic organization to cut annual grants as much as 50 per cent. The spokesman said on Sunday that the organization's assets have plummeted from $3 billion to $2 billion in market value during the past year. McGeorge Bundy, president of the foundation, said that without a reduction in grants the foundation may have to dissolve by distributing its assets. i -^^^^^••••••M and the Gaia Strip, which was administered by Egypt until the 1967 war. Jordan insisted it must first retrieve its former territory and then would allow the Palestinian population to determine its future in a plebiscite. Many West Bank Palestinians are known to support Jordan's King Hussein and might vote for an autonomous state federated with the rest of Jordan. "Hie government will as of today freeze its political activi- ties connected with the conference," a gavernirtem spokesman said in Amman. He stressed Jordan was thus "freezing" its earlier agree* ment to participate if. any Geneva peace* talks. Hie spokesman indicated, however* that the decision was subject to change if the other Arabs changed their stand at a summit conference scheduled to open in Rabat, Morocco, on Oct. 26. He emphasized that Jordan is willing to negotiate separately with Israel. Hie eoflflicting claims to future control of the West Bank has been a major obstacle ifl Arab efforts to fbfrn a i"*nmon front for the Geneva talks. The absence of Jordan ffbfn the negotiating table would pose a serious problem fof the Arabs, since King Hussein,, a moderate, is more acceptable to Israel than Yasir Arafat and the other guerrilla leaders of the liberation organization. has saving ways !^tiiiiik Take a Gas Range for example. burners are instantly —- off The flame is adjustable to tne and shabe of every pan. There's no needlor wasted heat. Over twice as nSch energy is saved u«ng gu^fo mokine. Modern feature, Me^seLt And'Gas is the most .Gas should burn [dy blue flame. A yellow flame could mean the burner is clogged. Just lift it out and clean tho- roujmly. If that doesn't make your flame burn blue again, call Arkla. Call us, anyway for more GAS saving ways. Call the Arkla Gas office nearest you, today. ARKL-A — ^^^^K. ^B^B ^—^^**mmm^^^~^ GLEN'S BOOT & SHOE SERVICE 112 E Third-Hope (Formerly Buffalo Shoe Service) * SPECIALIZING IN COWBOY BOOTS * AND SHOE REPAIR Going to the Third District Fnir and Rodeo? Come to see us first. We have Nocona Western Boots for men and women, Acme Boots for men and children. Western belts and American Western Felt Hats. Ya'liComeSeeUs!! family center FALL B\BRIC PREVIEW }Q DOUBLE KNIT 58/60" Wide .'V Presenting Fall '74. . .in easy care, wash and wear double knits. Any sew up project goes with this versitile fabric. Light weight fabric. . .big selection of textures and interesting weaves. Solids and prints. Big collection to sewl Machine washable and tumble dry fabric. See our fabulous collection of knits today! FULL BOLTS! FIRST QUALITY FABRIC! OUR REG. $ 3 98 PRICE 100% Cotton 45" Wide A colorful collection of whimsey prints that sparkle with colorful prints so right lor dresses and sportswear. . .Durable press finish. Machine washable fabric. Sew up lots of action wear from these whimsical prints. You'll enioy great savings today-with fabric from T.G.SY. Shop TR &Y. and see our complete line of buttons, laces, patterns and notions. FIRST QUALITY! OUR LOW PRICE. . | ,-• • I 098 McCall's #4003 ;„•* t'• •? . '•' . •i.-'f< ^w v.* v'•*-;; ^-v. ~ ..„••!.• V * a »t ? '* » ; ( YARD McCall's f 4089 , CHAMBRAY | PRINT C/5 50% Kodel® Polyester C/i 50% Cotton 46" Wide Ideal for Fall. Chambray prints to perk up any old wardrobe. . .Ideal for dresses and tops Machine washable and tumble dry fabric to choose from. Give your wardrobe a custom-tit look. . .make it yourself! YARD McCall's 13835 McCall's #3995 Yd. ETON PRINTED FLANNEL ^P.«m» DENIM LOOK EMBROIDERY **w** p ' ...... tt 45" wide 70% Rayon, 30% Acetate. Perma press colors. All solids. For smashing Fall sew-up projects Machine washable Yd. 45" wide. 100% Cotton. Novelty poplin prints on "denim look" backgrounds. Washable, drip-dry perma press fabric. Sew up your own personalized wardrobe. Yd. 45" wide, 65% Kodel' Polyester, 35% Cotton, perma press, machine washable fabric. See these sweet and flirty eyelets with tiny detailing in white. Where Saving Energy Comes Natural. f W Will 8' ^ I Happy In | | IM«" «<•»«" , i \ rsr y N.^X FIAT FOLD LARGE AS50RTMINT TO CHOOSI FROM 4 YDS $ 1 <»

What members have found on this page

Get access to Newspapers.com

  • The largest online newspaper archive
  • 11,200+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free