The Iola Register from Iola, Kansas • Page 6

THE lOLA KANSAS REGISTER, TUESDAY, AUGUST 27, 1974 PAGE 6 Editorial A recruitment program council in Washington to talk about the economy at the behest of President Gerald Kord. Their deliberations will be telecast. While the advance says the gahfest may come up with a concensus as to how best to tackle inflation, unemployment and world monetary vvws, no such thing such be expected. Were 100 economists asked how to plot the course of the nation for the next twelve months, at least lOO differing blueprints would be offered. Still, directing national attention to our 'I'conomic problems is a good idea and outlining those problems over television to the rank and file citizens is an even better Tine.

Ford's administration will be judged primarily tor so it seems now) on its ability to slow inflation and prevent further recession. But before he can act he nuist get the public on his side. Step number one in this campaign must be to let the people know what our situation is now. A televised marathon by the leading scholars in the field should prove a great start. The conference should also drive home to the public facts like these: (1) today's in- llation has been six years in the making and started with the 25 billion dollar deficit Nixon inherited from Johnson; (2) it will take at least two years and possibly longer to cure it; I remedial action is going to hurt some of us grievously and all of us some; (4) no single course of action will do the trick and no one knows what exact mix of remedies should be subscribed and, therefore, some cautious experimenting lies ahead.

Tentative, unpleasant, facts like these must be understood and accepted by us all before we can get in the mood to respond to the programs for action that will follow. For the President must have the people with him if any course he chooses to take in righting our capsizing economy is to work. He needs to restore trust in national leadership; he must instill hope that patience and hard work will be rewarded by results. The people must feel they are partners in the effort. Next month's forum will serve as a factual background for the campaign he must wage.

Plain talk, please "The growth of specialization," a columnist wrote, "means that the 'general student' is desperately afraid that his aptitudes are not marketable in a social order which has made the Technician more important than the Human Being." Jiindj)f-talk is. ashiona blc ..11 Ja.curtenl to label the approaches one approves of as "human" andtouse some other category for those one disdains. The distinction is most often found in (ii.scussing budgets. Money allocated for welfare, for example, is a "human" expense, while funds required by the Department of Transportation are something else. The food stamp program wUhin the Department of is while its research lunds go for Technocracy.

And, of course, there is nothing "human" at ail about those billions spent on the defense of the nation. It is nothing but rhetoric, of course. All the purposes of governments run by men are, by definition, human. Likewise, there is no way that society can escape its cither by action en masse or through one of its sub-sections, General Motors, Harvard University, the Mafia and Piqua, Kansas, are all equally and totally "human." And, to belabor the point, the separation cited in the paragraph quoted at the opening of this complaint doesn't exist: There are no who are not human beings. The reader may object that this criticism is overly literal and that is useful to distinguish between Technicians and Human Beings.

Perhaps but just barely and not always. Surely by now the point has been made that many of the mechanisms within our society are impersonal. Macy's may think of their customers as credit card numbers and it is undoubtedly true that the president of the Standard Oil Company of New Jersey doesn't know all of the company employees by their first names or take personal concern when one of their children fails algebra. If istruethiltasociety rtf 211 million in 1974, is not like a village of 5(k) in 1800. But it is not true that a computer is any less a tool of man than is a hoe or that New York City is somehow less man-made and man- centered than is a collection of grass huts on (he Anicizon River.

And it'is confusing nonsense to argue that n)oney spent for military defense is being put to nonhuman usejwhile that appropriated for military pensions-is blessed as "human." It is nonsense because both decisions are made by the same Congress and implemented by the same executive and demanded by the same citizenry. It is dangerous because it seeks to substitute emotion for rational thought in ordering priorities. Those who must, may pervert the word, "human" and. make it into a euphemism for welfarism if it soothes. But when they wish to communicate to the rest of us, plain talk would be less confusing.

Small investor not yef sold on floating inferesf notes NEW YORK (AP) The performance last week of the corporate bond market's newest investment with floatmg interest rates -left. Wall Street, debating whether they are really here-to stay. Floating notes brought to market last week by The New York Bank for Savings, Mellon jslational Pi and Crocker National Corp. each nearly sold out. But in all three cases, the size of the offerings had to be reduced from originally planned levels.

The issuers blamed "market conditions," but a spokesman for a Wading bond underwriting house suggested that the small the target of the floating rate notes -may be signaling he is not as willing-as many believed to withdraw all his savings and lend them to corporate floating bond issuers. The notes aiv denominations to give investors access to high-yield, short-term issues. "I think there is a point where the bond market can be -saiurated with Jhcse notes," the underwriter's spokesman said. "The source for almost all the money is individual savings accounts. When.people stop raiding their savings banks, where will the money for these bonds come More optimistic was a spokesman for Philadelphia National a bank holding companv which plans to offer a SfiO million floating rate note around mid-September.

"Last week's offerings were more than the market could support. But that the floating rate vehicle itself is He the idea of tying, or "indexing" the interest rates of a bond to other inflation-sensi- -livejiioney rates -rin THE lOLA REGISTER P.O. Box451 Published five afterncwns a week and Saturday mornings, except Day. New Day. July Fourth.

Labor Day. Thanksgiving and Christmas, by The lola Register I'ublishing Company, Inc. Kmerson 1 Kditor and Pubhsher 1881 Charles Scott Angelo C. Scott- Second class postage paid at lola, Kansas Departniciil Heads News: Bob Johnson, city editor; Lillian Quails, society editor. Erie Williams, wire editor; Larry tloldsmith.

reporter. Advertising: Jack Hastings, manager; Ray Ulohm. assistant manager; Neva Twadell. office manager, Norma Moore, bmikkeeper; Marge Caillouet. circulation; Mark Hastings, circulation nianager I'roductioh: Howard James, press foreman; Charles Gregg, cameraman; Margaret Hanson, typesetting; Pam Gurwell, composition; Kdna Means, proofreader; Richard Middleton.

maintenance. Menihor Press The Associated Press is entitled exclusively to use for publication of all the local news printed in this newspaper as well as all AP news dispatches, Area Code 316 Dial 3t)5-2111 Subscription Kates by Carrier in lola Conyenientnionthly rate. By carrier in Lallarpe. llumboldt, Yates Center. Moran.

and Colony, S2.00 per month. Ky in and Adjoining Counties One Year Six TJiree Months ()ne Month Ky Outside and Counties One Year $15.00 9.00 7.00 3.00 Six Months One $19.00 12.00 3.00 Above Prices include 3 per cent Sales Tax where applicable -Postal regulations require subscriptions to be paid advance. short-term Treasury here to stay until inflation is genuinely under control. Meanwhile, in addition to reductions in the offerings, issuers also were pushed into raising the initial interest rates on their notes. Crocker National Corp.

had already increased their rate to 10 per cent last Aug. 5 and Mellon National corp. and Continental Illinois Corp. last week increa.sed their interest to 10 per cent from the previously- planned 9.70 per cent. After two years, the interest floats, one percentage point above the vield on three month treasury bills.

conditions again were cited for the moves. One bond analyst added the increases interest rates on last week's floiiting notes were a direct response to the sudden rise to 9.80 per cent in short-term Treasury notes at their latest auction last Monday. But a spokesman for one of Wall Street's biggest bond underwriters expressed doubts that floating rate notes would be used extensively as a capital raising vehicle by industrial borrowers. The spokesman said underwriters are, and will continue to be leery of backing floating issues offered by any companies except those generally in the business of borrowing and lending money in large sums. Trial bores judge CINCINNATI, Ohio (AP) Judge Robert Wood declared a mistrial after he fell asleep during a rape trial.

"Judges are human," the Hamilton County Common Pleas Court jurist acknowledged on Monday after the defense attorney moved for a mistrial. He said he granted the motion to "avoid any possibility of influencing the jury." Today's Markets Ann Landers soys: Healing oneself is hard Dear Ann Landers: I am 15." My generation gets an awful lot of flak about the evils of drugs, but I wonder how many people realize that millions of adults are just as hooked on pills as the kid who is on My own lather is a perfect example and he is a physician. No one would ever guess that Dad is a pill junky. He has a successful practice and is weU- icspected in the community, Birau.se he is a legal addict he is sale irom the law. Dad writes out prescriptions for nonexistent patients and gets anything he wants.

Three months ago he nearly died IVoni- an overdoiie of pills. It happened again last week. His doctor tricnds don't know about it. but his family does and- worried to death, I love my father and don't want to lose him. How can I help Addict's Daughter Dear Daughter "Physician heal thyself" is easier said than telephone or write a note and let that teacher know the effort was appreciated.

You can't imagine what it would moan to a teacher, A pat on the back from a mom or a dad will not only make that teacher feel great, hut it will also encourage him to redouble his efforts for other ehildren, A Teacher Who Loves to Teach Dear Teacher: Glad you asked lor the soapbox. Your message is a timely one since school will be starting soon. To there who have never said, "Thank you." this year nti-Rht tw a good time to begin. Dear Ann Landers; What can do when their daughter is involved in an illicit love affair dor five years), has had three children by a previous marriage and then has the nerve to tell her parents it's her business what she does with her tlone. Your dad needs the help of another professional.

Tell him you know he is a very sick man. Plead with him to seek the help of a physician friend lielore it's too late. Dear Ann Landers: Oc casionally you allow someone to stand on his own personal soapbox and express himself through your column, -I hope you will grant me that privilege, I am a teacher withli message. Here it is: Dear Parents: your children have gone through school, has there been a teacher or two who put in extra effort to help one of them over the Has your child ever come home and said, "Miss, or or Mr, So and So is really teaching me Or perhaps your child has had some unusual difficulty with reading or English or math and a teacher went out of his way to help him understand. Please take the time to 25 Years Ago August 27, Wendell Frazell to Pittsburg State and Fred Kipp to Kansas State, at last report that was the way two lola athletic stars were lined up for college work this tall, Mr, and Mrs.

Frank Thompson will to to Wichita tomofrow where Mr. Thompson will attend a meeting of the executive council of the Kansas title association. Mr, and Mrs. Chester Young and daughters, Laura Mae and Carma Jean are leaving Sunday on a week's vacation trip through Missouri, western Kansas and Nebraska. Bayard Happenings: Mr.

and Mrs. Charles Shetlar and Kenny drove to Girard Thursday to visit at the home of John Shetlar and family Friday, In the meantime she had an abortion lit was a tubal pregnancy i and very nearly lost her life, CHANNEL 7 T(xiay in Agriculture 7:00 Today Show 7:25 Four States 7:30 Tcxiay Show Name That Tune 9:30 Winning Streak High Rollers 10:30 Hollywood Squares tl 11:30 Celebritv Sweepstakes News -News. Weather. Market Melody Matinee Days of Our Lives The Doctors Another World 2:30 -How to Survive 3 Somerset Jeopardy 4 I Dream of Jeannie 4 Beverly Hillbillies 5 or Consequences 5:30 Nightly News -imports Today TV Weatherman (i: 15- World Tonight Tuesday, August 27 Ozzie's Girls Adam 12 Mystery Movie Police Story Weather Vane TV News Final The Tonight Show Tomorrow August 28, 1974 Wait Till Your Father Chase Wed. Night Movie Weather Vane 10:10 Tonight Show Tomorrow The girl continues to go with this moron who is married and lias three children.

He has been giving her excuses for the past live years why he can't marry lii and she believes him. Wo are dying of shame and can't get her to listen to reason. What do you Broken Hearted Parents Dear Parents: Not a darned thing. you say goes in one ear and out the other. there's very little in between to stop it.

Do tiie best you can by your grandchildren and (ion 't give your daughter any mori' advice, Priest to leave White House staff WASHINGTON lAP) John McLaughlin, a Jesuit priest who served on the staff of for- TOfideo -R i cha NEW YORK (AP) York Stock Exchange afternoon prices: Last AlldCh 33 'a AllisChal lis Alcoa Am Airlin 7 A Brnds 30 '-4 A Cyan AmMi)t 42 Ampex Corp Ana con AtlRich Avco Corp Beat Fds 15 BeecAir 7 BethStl Boeing 20 Celanse Cert-teed Cessna 13 Chryslr CitiesSv 40 ComwE Comsat ConCan ContOil 32 CornG 49 CurtisW DowCh 591 duPont EasKod Echlin EmerEl Exxon 681 Firestone 1414 FMC 131 FordM 38 VH Gen Dynam 19 GenEl 364 GenMill 36I4 GnMot 38 VK TelEl 191 GoodyrTR Grace Greyh 111 .4 Gulf Oil 171 ,2 GlfStUt 'Hallibtn Hercules Hesston 18 Homestk 521 Livestock New selected Chg. 1 11 I I4 Vs 1, I4 V4 5 :1,4 1 11 on and was a vocal supporter of Nixon during the furor over Watergate, will soon leave the White House staff, A spokesman for President Ford said on Monday that McLaughlin is still at the White House for a "transitional pha.se" but will leaving shortlv. CHANNEL 12 Sign On 7 Timmie and Lassie 7:30 Dennis the Sesame Street 9 It's Your Bet 9 Tell the Truth 10 My Children 10:30 Brady Bunch 11 Password 11 Split Second Dateline 12 News 12:.30 Let's Make a Deal Newly wed Game 1 :.30 -Cirl in- My Life General Hospital One Life to Live 3 Pyramid 3:30 rMayberry RFD 4 Flipper 4 Daniel Boone 5:30 -Dateline 12 News Dateline 12 News KANSAS CITY (AP) Quotations for Tuesday: Hogs barrows and gilts early sales fully 25 higher, closing trade slow some sales 501.00 higher; 1-3 215-250 lb 39.0025; 1-2 near 220 lb 39.50; 1-3 closing sales 200-220 lb 38.25; 23 lot 265 lb 37.75; 280-320 lb 36.00-37.00; sows steady to strong, instances 25-50 higher; 1-2 336 lb 35.00; 1-3 300-500 lb 31.50-33.50; 2-3 Sheep 50; spring lambs steady with close or 1.00 higher than early sales yesterday; ewes steady; spring lambs choice and prime sfi.OO: :57.0b; mixed good and 32.00-36.00; ewes cull to good (i.00-8.50. Cattle 800; slaughter steers steady; heifers steady to weak; cows fully 1.00 lower; feeders steady to weak, l.OO lowers steers mixed good and choice 44.00-45.00; heifers standard and good 30.00-38.00; cows, weighty cutter, utility and some commercial 21.00-23.00; higher dressing lean and meaty usually Holsteins 23.80-24.50;. feeder steers and steer calves good and choice 400-925 lb 33.0037.00; including choice fleshy 925 lb 33.90; mostly good 31.0033.50; feeder heifers and heifer calves good and choice 330-740 lb 28.00-33.00.

Estimates for Wednesday: Cattle hogs sheep 200. IBM IntHar IntPap KanPLt Katy Ind KerrMcGe KresgeS Kroger LOF Litton Magvox Marcor MartMa McDonD MidSUt MinMM MobilOl Monsan Nabisco NatGyp NNGas NorSim OklaGE OklaNG PanAm Air PanhEP Penn Cent Penney PhillPet Proct RCA ReynMet RyderSy Safewy SUoeMin StRegP SFeInd Sears SperryR StdOil Cal StOilInd Texaco Timkn Trans Air UnCarb Un Elec Uniroyal US Stl Upjohn WUnion WestgEl Wolwth Eggs KANSAS CITY (AP) Wholesale eggs: large, 80 per cent A 51-62; medium, 80 per cent A 46-58. Fords to fete staff members WASHINGTON (AP) President and Mrs. Ford have scheduled their first social event for members of the" Cabinet and senior staff members, a dinner party at the White House on Wednesday night. A White.

House spokesman President-designate and Mrs. Nelson A. Rockefeller have also been Invited. 7 p.m. party rriil -Kbegin with cocktails in the Yellow Oval Room and will be followed by dinner in the State Dining Room and dancing to a Marine Band combo in the Blue Room.

V4 I61 20 Vs 6V8 4 19 11 10 Vi- 1 56V2 251 Vs 441 81 VA VB 171 21 Vs 211'2 Vs 47 4II4 V4 331 Vs 55 72 'A 23--'8 Vs 27 1 101 1 V4 1 60 Hodgepodge -Water Reatef sets rug afire in lola home lola firemen kept damage to minimum last night when a rug under a hot water heater in the Larry Buckman residence, 521 East Garfield, caught fire. Tince Little, fire chief, said the hot water heater apparently malfunctioned and overheated, igniting the rug. A portion of the wall and base board behind the water tank also caught fire. Answer to Previous Puzzle a UETl Tuesday, 27 Dusty's Trail Happy Days ABC Tuesday Movie 9:00 Marcus Welby, M.D. Dateline 12 News Wide World Mystery 12:00 August 28 Hollywood Squares 7:00 -Special Wed.

Movie Marcus Welby. M.D. 10:00 12 News Vorld Special hf ACROSS 1 Indian coin 5 Feminine appellation 12 Act in response 14 Surfeited 15 Hackneyed 16 Quicken 17 Distress signal 18 Shapes 20 Pea case 21 Zoo primate 22 Goddess of the dawn 24 Texas shrine 27 Fiery 30 African republic 31 Ineffectual 33 "Arabian Nights" youth 36 Friable soil 37 The East 38 Category 39 Burmese wood sprite 40 Brythonic sea god 41 Without surviving issue (ab.) 44 Rent 46 Pilfer 49 Three-pronged spear 51 Gardener's implement 53 Opposite of obverse 54 Roof edges 55 Scantier 56 Take a breather DOWN 1 Crafts 2 Roman emperor 3 River nymph 4 Deed 5 Epochal 6 Temporary givers 7 Separate incident 8 Charitable gift (rare) 9 Kind of tide 10 Boy's name 11 Organ part 13 Time (music) 19 Whirlwind 29 Former Russian ruler 21 Chemist's term 32 Holy Mother 23 Vendor 24 Wine Clip 25 Powdered baobab leaves 26 Winglike 27 Parent's sister 28Gaesous element Church (ab.) 34 Tradesmen 35 Profoundly earnest 38 Honkers 40 Lone Scout (ab.) 41 Steamers (ab.) 42 Kind of school (slang) -43 Hindudeity 45 biblical name 46 Rant 47 Poems 48 Finest 50 Neck (comb. form; var.) 52 Golfer's term (NEWSPAPER ENTERPRISE ASSN.).