Northwest Arkansas Times from Fayetteville, Arkansas on April 19, 1976 · Page 6
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 6

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Fayetteville, Arkansas
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Monday, April 19, 1976
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Page 6
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6 · Northwest Arkansas TIMES, Monday, April 19, 1976 Battle For Consumer's Dollar Resumes As Income Rises 30-Day'Weather Outlook This is the 30-day precipitation and temperature outlook, according to the National Weather Service. (AP Wire- photo) Wallace Claims Country Needs An Electric Chair lly JOHN CUNN1FF AT Business Auulysl NEW YOIIK (AP) -- As personal income rises and inflation subsides -- although remaining high and threatening to worsen again within I h e year -- the battle for the consumer's dollar resumes. During the recession tins competition receded almost out of siglil. Gloom fed on Bloom. What good would H do lo advertise and promote if the consumer wasn't in a position lo buy? And 50 il wcnl. down into Ihe maelstrom. There is a more vibrant spirit appearing now. and it is evident on Main Street and Wall Street, in the 'classified ads. in housing promotions, in vacation plans, in t h e corporate forecasts for profits. Although, ihe typical urban family of four now reeds $15.500 a year to maintain a moderate standard of living,'$1.200 more than a year ago. some families al least have a few dollars lo spend on other lhan necessities. But underlying these, obvious Indications of how Americans are spending or planning to spend (heir money is-another stratum o! character that never changes. It is restrained, conservative and still concerned with basic sccurily. Tiiree examples of this trail are provided in Ihese announce--Not since the end of World War II in 1945 have American bought more Series E Savings bonds -during any three-month period, said the Department ot Treasury. The quarter referred to was the frirst one of 1976. In that period, total sales of E and H bonds amounted to $1.98 billion. Although redemptions also were high, sales exceeded cash-ins by S2)'l million. Introduced By Ford Nessen Appears On Come llicy know, and hiore are just os mnny vartntions iti lw\v the money can be distiibulocl. One o[ Ilic more popular pension fact booklets avnllnbto was published recently by t h e Institute, of Life Insurance. 277 Park Ave.. New York 10017. and is being 'offered free -single copies -- by writing to Hint Enldress. . Bearden Will Support Freedom Information Act ; LITTLE ROCK (AP) - Stale oil. John Bearden of Lcach- illc said Saturday he w o u I d support an amendment to the state Freedom! of Information Act t h a t , would m a k e mure slntc , government to reporters. documents . Bearden made the remarks in response lo a question ' at a regional meeting of the Society of Professional Journalists, Sigma Delta Chi. Bearden said lie was not aware that all public records weren't open to reporl- rs. He stressed, however, that any proposed amendment to tho stale FOI law shouldn't be loo broad, but "specific about what you want." Reporter Carl i "LITTLE ROCK CAP) -- A!a-i ", bama Gov. George Wallace -says he will ask tbe Democratic party to call for a con' -stitutional amendment if tbe U.S. Supreme Court rules tbe '. death penalty unconstitutional. Wallace said the country needs the electric chair. , , . He made the remarks during a two-hour stop in Arkansas * Saturday night. * ; Wallace added that if he were elected President he would "incite the American people within tbe political context" to support (be death penalty and other measures he says -will deter crime. "It's a shame when cities like Liltle Rock and Montgomery and Birmingham become like New York, Boston and Chicago and are unsafe because federal courts have made crimes so permissive." : Wallace told newsmen that he remains a "viable candidate,' and denied that former Georgia Gov. Jimmy Carter ha: usurped his southern-"polilica base. Wallace said he expects to win the May 25 Arkansa: primary. Wallace, who carrier Arkansas as a third party can didaie in tbe 1968 presidentia lection, said he plans to return o Arkansas at least once be- ore May 25. Wallace said Carter is no more a representative of a new noderatc South than be is. 'I consider myself part of the jw moderate South," Wallace aid. "I was elected governor f Alabama by a large margin. md I consider Alabama part of he n e w - South. The scgrega- ionist days are gone. T got a majority of the black vote when ran for governor." Wallace predicted that no candidate would have enough delegates before the national convention to be assured of th^ nomination. He said be would DC the leading candidate now except for "misconceptions about my health' 1 and a "stop- Wallace" campaign that pushec Carter to the forefront. "In 1972 I was drinking water out of one well, now all the nth- er candidales. Republicans and Democrats, are using that well," he added. "I think that's proved me right on a lot of is- and brought Ihe total outstanding to nearly $69 billion. George Stinson, chairman of National Steel Corp.-and chairman of the U.S. Industrial Payroll Savings Committee, attributes much of the support to bicentennial-related patriotism. But there seems to bo a more basic reason too, a reason involved with financial security. It would seem that people invest for their own financial reasons rather than the over-all good of society. --Fringe benefits, as they are called, are hardly the fringe of tbe payroll anymore. Every worker realizes that remuneration in services is as good or even better than being paid in cash. " Denial insurance, says the Conference Board, has no\v become the fastest-growing em- ploye benefit in U.S. industry. Nineteen per cent of 1,600 companies surveyed have such plans, compared with only half that in 1972.'--Although most Workers are covered by Social Security, and many also have pension benefits associated with their place of employment, rnor/; and more Americans are taking nothing for granted. There are many" variations in fee of Tattle Rock, a member of ihe Little Rock chapter's FOI Committee, said reporters s h o u 1 d iave more access to papers and correspondence that con- ain information or discussions that might affect the develop- mtsit of policy of a stale agency. She said SDX planned- to iiish for such an amendment in the next session of the legis- turc in January. In the 1975 legislature, Bearden sponsored amendments to the · slate FOI law which, among other things/ allow the chief administrative officer of boards and commissions tc meet privately with the boare or commission lo discuss personnel matters. The law covers school superintendent principals. Bearden defended the amend ments which he said clarified rather than changed the origi rial law. He said sometimes a "public body can operate in the best interest of the state" when it goes into an executive session. He said that questioning Of public employes or candidates tor public jobs sometimes protected them from unnecessary embarrassment. lly JAY SIIAItllU'LT NEW' YORK (AP) r- I fear Ihe While I louse, is swamped lo- lay by outraged telegrams Jiul inquiries from the Spanish government. And Russia mnsl be wondering if the White House ins. well, "gone bananas. You see. Ron Ncssen. 1'resi dent Ford's spokesman. . ap peared on NBC's' laic-night "Saturday Night" comedy show to be host of proceedings-that were rowdy and hamnnph harrumph. often tasteless in the best "Saturday : Night" tradi iion. · ' ' ' ·' · Not only thai. Ford. .. liiK in film clips, introduced Nessen ami the show and pop ped "up. in its "Update" new segment to say, "Good evening I'm Gerald' Ford and you'r Shortly after that, forme NBC newsman · Nessetj peared in a ' skit in which li played a spokesman for ;h late;; Generalissimo , Franco o lie told a reporter that "th generalissimo's'condition is sti very grave, but -- and I would like to emphasize this -- it is stable at Ihis time Pressed to admit t h a t , , r r mco was quite dead, he added I didn t TV lhat lie wasn't dead.-1 just, said lie was stable Nessen, on leave from Ine White House, if. not his senses, for Hie show; proved an adept monologuisl and skit actor, itoing particularly well in an Oval Office skit in which acloi Cheyy--'Chase ptaved President Ford. Despite' Nessen ~s presence. Ford got no merc_\ The -' ; ' en saiii it would show that 'ord has a sense of humor. He Iso noted that Nixon went on Laugh-In" in -\WK to say sock it to me" and, said Ncs- eii. "That may have made- the ifforence in the election." Chase-Ford:' "But he won, idn't he?' 1 Told yes, Chase- Ford observed: "Well, be was unny then a n d . -lie's funny mw. . .·. That's why I gave him a break." \ \ As Chase-Ford bumped and stumbled , about the office stapled his car and put on his old football helmet, Nesser ;avc hi in the no.\t morning's schedule: , ireak the wa'tci At 7:05 you glass by Ihe ...... - - - then .at 7:12 you umble down .the: stairs.'. . ·" :, Ncssen wisely, stayed out. of .lie' L more outrageous acts,- hul le did do a few more press scc- relary. skits, ap'pearing in one 11 a toga to make . Ihis announcement for his boss, Oedipus, Ihe lad who. liked his mommy: "From now on the queen- mother will bo referred to as the qiieen wife. . . ." At the start of his show-opening monologue, Nessen haltet to .lake a bogus colled c.nl from Ford, whom he was josh R at the time. . "You heard the monologue? osscn asked. ''And you; had [I explained to you? Betty think* t's funny?- Good. I'm fired?'; Leave us hope not. Last Saturday's show w'ns good, bizarre nn and showed the man in the While House might be a good deal hipper t h a n anyone ever suspected. And any controversy . it caused probably will be overshadowed when an even more prominent White House figure will be host of ; next week/a show -- the lale Millard. Fill- Right now-look into your checkbook. What's Ihe balance? What's it earning for.yoj? ,, got .poked fun at Ins illcged clumsi less, questioned his intelligence and even obliquely brought up lis controversial pardon of tor- · President Richard Nixon. !n"'asking permission lo ap- ar .on ''Saturday Night," Ncs- how pension benefits are^ built, Fire Kills Two HOXIE, Ark. (AP) - Linda Wadley, 28. of SedgwEck (Lawrence County) and Paul Woodson, 32, of Hoxio were killed Sunday in a fire that destroyed a one-story frame, home here, the police said. ""·" New Downtown Cabol Approved M Meeting CABOT, Ark (AP) -- A plan For creating a' new, - unified downtown Cabot was approvcc Saturday at a businessmen's meeting. -Much of ctovvntmvn Caboi was destroyed by a tornado March 20. · To 1 support'the project, down :owh-merchants agreed to form an improvement district to support 8200.001) in bnmls by yearly assessments on business- property. The funds will'be used as local 'matching funds for various state and_ federal grants tti thc'city. * · ' - · '' J. M. Park, president of the Bank- of Cabot, said the move had the support' of about 70 per cent of the town's businessmen "We're willing to f o o t the bill," he said. That money can earn something for you-without inconveniencing you in any way. TELE$AVE, a free service of our new MONEY + PLUS Ac- , count, lets you transfer $100' or more from your regular bank checking account (where it earns nothing) to ybur MONEY + PLUS Account with us where it earns 5.25% ·Jaily interest. 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