The Hays Daily News from Hays, Kansas on December 26, 1976 · Page 3
Get access to this page with a Free Trial

The Hays Daily News from Hays, Kansas · Page 3

Hays, Kansas
Issue Date:
Sunday, December 26, 1976
Page 3
Start Free Trial

HAYS DAILY NEWS PAGE :» December 26, 1976 Mexico's Stability Faces Employment, Land Issues MEXICO CITY (UPI) Money, oil, unemployment and land—last year's principal concerns for Mexico— again loom as the major challenges to this nation's stability and progress in 1977 •under the' new government of President Jose Lopez Portillo. Mexico, beset by critical economic problems, seems certain to Ipe turning its full attention inward upon itself, rather than outward, as was the case during the six years of former President Luis Echeverria's administration, which was obsessed' with assuming leadership of the Third World. In . neighboring Central America, continuing controversy between Guatemala and Belize over pending independence of that British self-governing colony, as well as the inability of Honduras and El Salvador to end completely the bad feelings steming from their 1969 "soccer war", will remain matters of key concern for all nations in the area. But the number one question in that region, and for .Latin America as a whole, will be what kind of agreement Panama and 1 the United States — under Jimmy Carter's administration — may be able to reach on future control of the. Panama Canal. All countries in the Mexico- Central America zone will collectively have their fingers crossed against any new natural catastrophes such as the earthquake, which devastated Guatemala, leaving an estimed 23,000 dead and millions of dollars in destruction there, last February, and the vicious hurricane which left an estimated 1,000 dead and widespread damage in the Waldheim's Salary Increase Disolves UNITED NATIONS (UPI) — United • Nations Secretary General Kurt Waldheim has received a $33,050 salary increase but under the "world body's complex accounting procedures will get only about $4,000 of the raise in take- home pay. • The General Assembly voted Wednesday to raise Waldheim's gross salary in 1977 from $77,600 to $110,650. corating -Jrene/i By Justin Gottschalk WHAT'S THE MOST IMPORTANT piece of furniture in your home — the one which the rett of your furnl- your budget? The one around which the rest of your furln- ture must be planned? You'll flndl varying answers! to that questlon.j even among ex- perti, but In any! such discussion! the word "sofa"! will occur often.' It is Important; for Its size, and! because It Is often the most expensive single Item. But true Importance In interior decorating does not come simply from size and cost. The most Important things are those which do most, which bring the most llvablllty and beauty into your family's lives. That's why the sofa is often first choice. It seats several people, family or guests, can function ^beautifully for relaxing, * televiewing, reading, conversation. It can set the style for a room and becomes Its focal point. In some rooms and homes, however, there may be other pieces that ore |ust os essential or even more, such as a really impressive breakfront that gives you storage, drama, style, a fine stereo music center, or a grand piano, If music plays a major role in your life. « Give a lot of thought to this "big piece." Whatever It is, remember you won't replace it often In a lifetime — 10 be sure) And to be sure of quality, In honored names In home furnishings, visit our complete display. You'll always find a warm welcome and courteous help, at Justin's. JUSTIN'S FURNITURE 6th & Main 625,7318 Baja California peninsula last October. With an inherited foreign debt of about $18 billion, plus a huge, domestic deficit, Lopez Portillo's problems center around money: —Not only paying off the old debts while underwriting the ,new ones, which the basic operation of government involve for a nation of 60 million, but restoring confidence to the country itself and its domestic and, foreign investors in the wake of two traumatic devaluations of the peso. —Rebuilding the tourist industry, one of the single most important producers of foreign exchange, from the decline that hurt the nation badly during the past year. This decline was first triggered by the American Jewish boycott and then complicated by the devaluations, plus a rumor campaign that Mexico was on the verge of political chaos. , Building up production and exports from key industrial and agricultural areas in a so- called "Alliance for Production" to bring in more foreign exchange while providing jobs for the unemployed and the steady stream of youthful newcomers to the job market. —Giving a powerful impetus to Mexico's most vital resource, petroleum. With huge oil reserves believed available for future production, Mexico has the prospect of earning tremendous new revenues from petroleum exports. Recognizing this, Lopez Portillo has ordered a 96 per cent investment allocation for operations of the PEMEX, the state petroleum monopoly and 150 per cent increase for petrochemical production. Aside from unemployment, the new Mexican leader's single most challenging problem involves land: the rural peasants' increasingly hostile demands for it, now featuring more and more outright seizures of private property. Since the peasants' right to land was one of the sacred precepts of the 1910 Revolution —a principle to which all governments have since given lip-service—It is not easy to deviate openly from that philosophical goal. But turning all of Mexico Into one vast "communal farm" or "ejido"—is a dubious proposition—as Lopez Portillo himself has indicated—when the nation's desperately needs greatly increased agricultural production in 'circumstances vastly different from the world of 11)10. How to do this peacefully, nnd in a way that does in fact stimulate production, is one of his mast critical dilemmas. Keeping the lid on Mexico's leftist extremist guerrillas is another worry, one shared particularly by the strongman regime of Gen. Anastasio Somozn in Nicaragua which has been plagued by Castro- trained and financed guerrillas over the pnrft two years. • Samsonite Siena™ THIS EVER IS THE FIRST TIME WE HAVE OFFERED SIENA* AT V2 PRICE! (One Time Offer) production samples DESCRIPTION SUGGESTED LIST PRICE SPECIAL SALE PRICE Tote Bag Carry-On 26 Pullman 29 Pullman $40.00 $55.00 $75,00 $85.00 $20.00 $27.50 $37.50 $42.50 Siena - Top Of The Line, for the centuries elegance for todays seasoned traveler. While Our Supply Lasts - old look of Charge it! with jroar new Credit Card 100% Guarantee Free Gift Wrapping Nationally Famous Name Brands Open Evenings Til 9 Sunday 1 to 6 USE OUR LAY-AWAY PLAN 27th & Hall

What members have found on this page

Get access to

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

Try it free