Northwest Arkansas Times from Fayetteville, Arkansas on April 14, 1976 · Page 14
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 14

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Fayetteville, Arkansas
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Wednesday, April 14, 1976
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14 Northwest Arkansas TTMW, «W., April 14, FAYETTEYlllE. ARKANSAS Emphasis Keeps Changing Jackson Stumbles Over His Priorities Editor's N'ote: The following 1 is the second of three articles on the campaign tactics and ^stylos of the top Ihrfe Demo- era EC presidential contenders. · It focuses on Sen. Henry M. Jackson. ! By PETER ARN'ETT i AP Special Correspondent - The crowd-at Elm atid Main in Rochester. N.Y., elv??red when the candidate declared: ."As President "of the United Stales my number one priocily w i l l 1 be to put America back to work so people can buy things that are inamifaclurcd here in this town." A mostly elderly crowd al Buffalo smiled happily when they heard their choice say: -"I waul to give lop priority, first priority, to full coverage, under Medicare for senior citiiens. We don't have that now." Spanish American Veterans Dwindle -···WASHINGTON CAP) -- The 'ranks of .America's oldest vet; erans, those who fought in the Spanish-A m e r i c a n W a r. dwindled below 1,000 in the past 12 months to 750. Many of them are still spry.. ,-, "They love (he opportunity to - reminisce and tell you h o w . i t ,.was in the good old days," says : a j Veterans Administration I counselor who helps their families watch over them. -·.' In America's war with Spain, .which started 78 years ago this 'month; 392,000 U.S. servicemen -'took part. .y William E. Feindel.-who will ;be 105 in August, became the .-'nation's." oldest veteran when : Nelson Norton of Whitestown, ;Ind., died last year. Appro- 'pri ately in this B icent ennial ·year, Feindel IIV/BS in Lexing- ·:t«i, Mass. :,.The VA says the average age 6f the Spanish-American War 'Veterans is 96, - with several over 100. The youngest" prob- t a b l y . is 88, but the VA isn't "sure. Most of them require some- 'pne to help them get around and all are entitled to VA pen- 'sions. Many set special allowances if they are housebound or require help. That i s . how the VA keeps track of tKem. ' The largest number live in ·California; 140. There" "are 60 -with residence in the.District of Columbia. About 45 live out-side the United States, .30 oi them in'the Philippines. The last*'Civil "' died in the 1950.S War .veteran and the las I Supporters ' massed, al Frontier Fire Hall at Niagara Falls roared as (He candidate .said: "The first t h i n g insist welfare be will do national obligation, and not put on the shoulders o[ the local-people." Three priorities, n i l . number one. Onp candidate. Senator Henry M. -Jackson fndian Wars veteran died in 1973. But there are many' wid- jws 'and deperidenl children of Duih on the VA pens ion, rolls. The Spanish-American War veterans don't hold the big re* unions they once did. But four ivere guests of VA social work", ers at a regional gathering in San Bernandino, Calif., last summer. .About 3.iO of the men are members of the United Spanish War. Veterans, says · Bculah M, Cope, the organization's adju tant general. . · "There were 11 members a our national encampment in In dianapolis taat year and we 1 ! probably have the same num ber this year, along with more than 200 auxiliary memb'ers." j she said. This year's cnca-mp-l ment will hs held in M a d i s o n , ' Wls.. Sept. 18-23. : . There are more than 29,559.000 American veterans, an in crease of over 100,000 in the last six months of 1975. The largest segment, 13.5 million, saw service'in World War II. There were 7.5 million veterans of the -Vietnam era, . The average ag/ 1 ol the \eter , an population is 46, matching' that of some six -million who served during the Korean war, VA oJEtcials had been for* casting that' barring -another war the veteran population would slop increasing and start falling by about 1980 but have backed' off because of increasing longevity and changes in military planning. campaigning for Ihe Democratic , presidential nomination in New York. . Jackson emphasized these different priorities lp different audiences as the political pressure grew in New York from his two most serious opponents, former Georgia Governor Jmi- my Carter and Rep. Morris K. Udall of Arizona And in Ihe last days of the campaign the senator reached out for. a broader constituency than his major supporters , among the labor organizations, Jewish . communities and regular Democrats. Jackson .speeded up his pub' ic appearances to include slacks, Puerto Ricans and oth* er ethnic groups and in one 3G- hour period made thc.v promises : , Puerto Ricans: "If elected president o[ the United States I will have in the While -House a special assistant for Puerto Hi- can ;i[faii's so t h a t problems of Puerto Rico and (heir importance to the United States will not be lonl in the bureaucratic jungle." Iv? old Ihe. Puerto. Ill- can chamber of commerce in New York. Jackson also promised more diligent prosecution of the bilingual education program" fo further assist Hispanic vot- rs. Canadians: "Canadians are wonderful, terrific people, great neighbors. I want to sec more emphasis in our foreign policy with reference lo our neighbors here iti North America. .They've been neglected too long. We've taken them for g M long, i ranted." Jackson (old a campaign meeting at Niagara County in upstate New York, a region that is heavily Canadian. Blncks: "Medgar Evers died once, atul 1 don't Ihink we should lay the foundntion for a second dealh," Jackson told 750 students meeting in the gymnasium of the JUedgar livers college in Brooklyn. The college, with a 98 per cent black student body, is faced with reduction to a. two-year' institution bceaiisp of Now York's financial problems/. Jack*son ; old Ihem also: "We've gone through the long civil rights struggle t o ' bring about the right lo vote, to bring about integration, equal employment opportunities and a,ll of the other basic rights we're familiar wilh. The most important right is still denied, that of the civil right to a decent job and decent pay scale." Much improved as an orator on this campaign, Ihe gray- haired Washington state senator punches the air occasionally to emphasize his statements. . "We've got so much work lo do in this country that everyone is going lo be busy in the Jackson administration," he. told" a meeting an upstate Neu York county wilh M per, cent unemployment. ; · Elc has loUL other listeners: "livery Lime you reduce unemployment 1 por cent you have $16 billion more in the Treasury, Will] full pntnloymenl we'll have $100 billion." No one asked him to explain liis mathematics, or questioned him about how lie woutri reduce unemployment to 3 por,; cent from lh r o. present rale of more t h a n 7. per cent, : ' · ' ' Not that -there was much time for n.ucstions. Jackson matte five campaign appearance?!! one evening in Brooklyn, and his upstate New -York trips were so tightly scheduled UiaL the candidate could in nil honesty beg off. questions' because ho had to spc/:d on. to the next meeting place. '_ He was caught only al Medgar Evers. College in Brooklyn. He moved among tbc student body to shak/; hands, QTily to lie confronted by demanding students who insisted in knowing Ins plan to save their college. He didn'l have one. . While Jackson had something special lo offer each audience, ho also had a major theme, and this seemed: to be the promo- lion of a much more active federal role' in Iu?aUh, education and welfare programs in Amcr- ; Jackson showed subtle differ* oriccs in hts comments on welfare pay mcnt s . To a. con stvnc- lion'work/ir audience in Rochester,- Jackson declared that there was "$75 million a year in :, handout checks" given in various' forms of assistance from' stale and federal author: ilies. v \Vp're going lo lake welfare and put il where it belongs in the hands of the federal government and not on the backs of the local peopI/3." he told his cheerinn while audiences. However,; Jack son n eve r mentioned handout checks in talking .with his black and Puerto Rican audiences in Nov. York City- He explained thai "when' unemployment goes up 1 per .cent we lose $16 billion in revenue" because of the loss o production and the need lo sup tori 1 h e unem ployed. Lew noney is available for essential "So we have to put people back to work lo create 'tha wealth lo pay for the education tiul health care and other services people need," Jackson tell.i ins minority audiences. Fitihugh Named Gene Filzhugh, sales representative for Background Music Network in - Fayctleville, has been named a member o f ' the Muzak "400" Sociely. The award, made at a recent Muzak Sales Seminar in .San Antonio, Tex., was presented" by Kirk Anderson, vice president of Muzak Corporation. FiUhjigh was presented a certificale;ana diamond tie pin to recognize_his membership in the elite group of sales force that is comprised of hundreds of representatives in some 25 nations around ^.the world. -- Critics Say DJ Average Could Mislead At Times By JOHN CUNNIFF AP Business Analyst . . N E W YORK (AP) -- At Ihe "close ol business April 1. the ^Dow Jones average of 30 Indus- 'tria! blue chip stocks showed a ,reading of 994.1 points, just 6 "per CE-IIL below its record high 'o'f.JOal.7 points, achieved Jan. 11, 1973. ' · ' - . ; On that same day, the Value Line composite index of 1,650 stocks closed. at 88.07: points, about-102 points below its high o f , just a shade- under 130, reached near, the close of 1968. - ' W h j c h ts correct?-Arithmetically; both are. Tbe big difference -- and it is an investment world of .difference:-- is tbat one indicator measures a small number of high class Industrials, the · other a variety stocks, large and small. of ; Having the longest history. and with many a market theory built around it, the DJ industrial, average remains by far the most popularly used measure of the market, but some critics say it could mislead at times. The relative'levels of the two measures -- hot necessarily to each other but to their own immediate past levels -- serve to demonstrate a striking pecu liarity of the current market: · Much of.Ihe, present market's strength is in a relatively smal number of .blue chips; manj compasies haven't been 'partic! paling in what is said lo have been a powerful bull market since late 1974. .A goodly percentage of the concentration is believed to result from stitutional ^.companies with large numbers of shares outstanding, and who the activity of in traders, who seek seem lo have been opting for safety rather than big capital lains. The .activity of individuals, which tends to produce a wide variety of opinion and thus a more random selection of stocks, seems lo have been less enthusiastic in t h e . past year than in the bull market of the 1960s. As a consequence, executives of many second and third-tier companies,' some of which are large enough to be included in compilations of the nation's 50( largest : -concerns^ are "deeply worried . a b o u t : their ability - to] raise capital in the future. ' From the viewpoint of the in- didiyidual investor, however, the important lesson is that the numbers, accurate as they may be, must be understood for what they are -- analytical tools rather lhan the market itself. The various measurements of the market also have to be considered in terms of buying power, which has been declining steadily. Inflation does the same'thing to stocks as it does to the dollar. In the past ; decade. the purchasing power of the dollar has declined by about 45 per cent, In terms of 1966 dollars, therefore, it might be argued that 1000 points on the DJ industrial average today is worth about 550, A l t h o u g h (hat reasoning sometimes is used, it isn't quite accurate. As share partly 'e prices rise, "· because of inflation, companies" split their stock, thus reducing prices. The DJ industrial average reflects these splits. EASTER REVIVAL APRIL 15-18 -- 7:30 P.M. ROLLING HILLS BAPTIST CHURCH 1100 Rolling mils Drive Phone 521-2660 JON STUBBLEFIELD,' B. A. M. A. Ph.D : Guesf Preacher JOE STATTON Guest Music Director William Brock Walson Pas lor Believing that Barillst's greatest conribiilioit lo I h e lilc al our nation has been their isfrong emphasis on BiriliC3? cvangeHsm; and, in view of our nation's fticcnlcnniai celebration, Rolling Hills will parlicipalc in simultaneous revival efforts io proclaim Ihe liberating Good News ol Jc.sus Christ, April J5-J8. We sincerely welcome you to each service. OPEN DAILY 9:30-9:30; SUNDAY CLOSED WED., .THURS., H?l., SAT. AUTOMOTIVE spring savings /ricc BEG. SHE F,£,T. KM78 4-PLY POLYESTEI CORD WHITEWALLS Our Reg. 21.88--A78-13 ,|No Exchange Necessary!^,f"^ arging Sysl i spec lion AT NO COST! Slalc Inspection Slalion FREE .INSTAIUTION: PREMIUM 400 AUTO BATTERY* Our Reg; 33,88--»Oafs ·;· '881 Quality engineered. FWypropy- lene case for added cranking poweivFor most midsize ears. NOTE: WUOB SERVICE HDURSVARY-- PLEASE CALL FDR AN APPOtNTHEHT Plus F.E.T. 1J4 Each MOUNTING INCLUDED NO TRADE-IN REQUIRED AU TIRES PIUS F.E.T. CB SPEAKER and ANTENNA EXTERNAL SPEAKER Keg 118S Sct\B 9.47 EXTERNAL SPEAKER Reg 588 Sdls 4.77 PA SPEAKERS Reg. 13 88 Sale 10.97 THIN TRUCKER ANT. Reg. 3788 Sdls 29.97 ROOF OR TRUNK MT. Reg 22 8fc Sale 18.47 ROOF OR TRUNK · SIT. SPECIAL SAVINGS ON 24-QUART CASE OF K mart MOTOR OIL Sate Price--4 Days Onty Slock up and save on K mart qualily motor oti. Limil 1 case per customer. HO 30 Detergent Oil $ih I V Case 10W30 All-Weather Oil $11 M M Case 10W40 All-season Oil . $12 Case travtvav . All Brake Worts' Done ByTralned Mechanic! SERVICES IKIUOC: I. Bejlats Fron1 Bnhf h*i 1. fewrfjce Sotcrc 3. rnipect Ciliptri 4. (Metd Krtfriafic Sriln 5. Rtfatk larci Md Drier HEAVY DUTY MUFFLER Our 20.B5--Installed 16 ae DISC BRAKE SPECIAL 4 Days Only 39** Double wrapped shell' Front only. Mosl US. lor rust protection, 'cars. Additional parts For most U.S.. or services exka. HARDWOOD CREEPER Jllr Beg. 7.97 5 96 KHn dried hardwood v/ilh lacquer finish and vinyf headresl. r^~v * ALL-STEEL" AUTO RAMPS Our Itcg.-24.88 ·ffiee l O Pr. : Buill-in wheel cradle,, slip-resistan! incline for all-around use. Save CHOICE OF DAIWA* 1-OR 2-PC. RODS HEAVY-DUTY STOCKING FOOT WADERS Our Reg. 4,66 66 LIGHT MIHICAST- REEL S pinreno or spincasl, medium or medium- light aclion rods. Cork or pislol grip. Soft vinyl waders in marsh brown wilh ad- juslable suspenders and inside pockets. I Weighs a mere 5.3- TM ozs.Machine-culbrass | pinion gear.'!.1-1 ralio. _ 2-I'c. S!inica"sl8 Rod . SAVE! LITTLE LEAGUE APPROVED NYLON BAT Our Reg. 3.96 K mart* SPINNING REEL Our Ren. 1097 I Ball bearing construction. " Gear ralio 4:1. Pushbutton release spool. Ultra Light T" BOYS'ALL-PURPOSE BASEBALL SHOES TENNIS RACKET AND CAN OF THREE BALLS Famous Voit" quality, rugged nylon bat in choice of lengths. sKop now! 3.48 I *"· «*3.96 2.97 · Oorfieff.n.46 7.96 I 'BILLY JEAN XING'OR 'BJORN BORG' RACKETS I Long wearing nylon uppers, nruKi- l | deal Qtip soles. ccsWon insoles, |i Our Reg. 12.96 . Your choice 9.97 I MARK HP FIBERGLASS I SKATEBOARD FOR FUN I Oar Reg. 18.88 16.88 : I With smooth-rkSng welriane wheels/1 1 ' ' "'l;i.a7 HIGHWAY 71 B. NORTH AND ROLLING HILLS DR. - FAYETTEVILLE

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