The Courier News from Blytheville, Arkansas on June 21, 1966 · Page 7
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The Courier News from Blytheville, Arkansas · Page 7

Blytheville, Arkansas
Issue Date:
Tuesday, June 21, 1966
Page 7
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Blythevllle (Ark.) Court* Km - Tueeday, to* *. iW« F«r Imt Snakes Alive! Boom Town in the Jungle FAST PACE—The jungle town of Pucallpa, Peru, certainly isn't fancy, but it li progressive. The lure Is oil, lumber and rubber. By ROBERT COCHNAR New'paper Enterprise AIM. PUCALLPA, Peru - (NBA) - Genuine boom towns «r« hard to find nowadays. Unless, of course, busmen or pleasure happens to take you deep into the Peruvian jungle to Pucallpa, the kind of river town a moviemaker dreams about but never seems able to recreate on the screen. Were It not for the Spanish cerveza (beer) signs slapped on the more than 50 open-air saloons which line the dirt streets, and the grinding ancient Jeeps and Land Rovers, Pucallpa could easily be a cowtown of the old American west. Cows, however are not bringing the speculators and adventurers to Pucallpa. The lure here is oil, lumber, rubber and allied manufacturing. And the recently completed jungle highway to Lima has linked the ramshackle community to the world. Take Harry Wrisson, for example. A sandy-haired, 45-year- old lumberman from Texas, he discovered Pucallpa two years ago, dragged cutting machinery 300 miles across the Andes and ii now something of • lumber baron. "You can't beat it," he says, •There's a lot of wood here, prices are high and labor li cheap. I've done all right." Most new Puc»Up»nj agr« that the potential Is practically unlimited, "Anybody," says Wrisson, "who doesn't mind skipping siestas and can put up 1th mosquitoes and s n a k e s, an make * lot of money here." Twenty • five years ago, Pucallpa wasn't on a map. Al- ough it enjoyed a food spot on « Ucayill River, the main trib tary of the Amaton, only a few undred tons el rubber moved lownriver each year. Today, a number «f Germans, ungariani, Chinese and, of course, Peruvians have moved to give this shantytown an iternational flavor. The town as some 40,000. an expatriate German intellec tual, shares a blockfront with E) Chino (Chinese) restaurant. A few blocks away is a Hungarian tavern. Tourism is still not a big fac- tot in the town's economy, al- LUNCH TIME-Most of the townsfolk of PucaHpa, Peru, are too busy to worry about porkers feasting in the streets. Tight Money: Good, Bad for Economy? By SAM DAWON AP Business News Analyst MEW YORK (AP) -Tight money is damned and praised these days. It's either a salvation for the economy or a threat toil. But many an individual'who has been turned down for a loan or been charged much heftier ^erest than he previously paid is just plain perplexed. With highly touted prosperity on all sides of him and money seemingly sprouting everywhere, why suddenly should he be told that money is tight and may get tighter? Here are some simplified answers to the questions he's asking: Q. What is tight money? A. When the demand for credit increases faster than the supply of money to lend, you have what bankers call tight money. Credit demand may be for running a business, expanding a business, financing purchase of a house, a car, or a vacation trip. Q. How is the supply of money figured? ' ' A. The national supply is the amount of money in circulation plus checking account deposits in banks. It's the money in your pocket or the money you can lay your hands on quickly. Q. Does tight money just happen? A. No. It usually builds up with considerable warning. Or it is imposed by the monetary managers to curb what they consider economic excesses. The supply of credit that banks can led is controlled to a large degree by the Federal Reserve Banks. Demand for credit may stem from the government, from businessmen anxious to expand their activities or plants, from consumers who suddenly increase their desire to enjoy now and pay later. Q. Who determines whether money and credit will be tighter or easier? A. The administration, Congress and the Federal Reserve, whether acting together or at cross purposes. The administration and Congress could turn the printing presses on high speed and furnish lots of paper money—although its value might drop fast. Q. Why is money called tight now? A. The money supply, which jumped 14 per cent at an annual rate in April, fell 11 per cent in May. Demand for loans, rising steadily for months, Is very high in June as corporations have to pay larger federal tax bills and also pay withholding taxes to the Treasury on a stepped-up schedule. Q. Will money get tighter? A. Probably, tor a while, Corporations need more money. But the Federal Reserve, and the administration and Congress, are still afraid of more inflation ahead. They want to head off a speculative splurge by keeping money moderately tight., NEWS BRIEFS NEW STAR—Getting ready for a kiss from French nisi* un»«» t o __t-»j-- V*» Vi«*. fiT-et e1aw —UClLJIIfi icauj *\/». *» «!••••* »»-..-- t tor Jean'Sorel, this young actress has her first starring role in "'The Fairies?' filming in Rome. She's Pia Lmd-. itroin, 26, daughter oflngrid Bergman. PORT ST. LUCES, Fla. (AP — The Outdoor Writers Associa tions has established an at-large scholarship for college student who want to study outdoor writ ng and conservation. The association's board 0 directors will receive applicant for the $500-a-year scholarship until Aug. 1. Two similar scho- arships also were establish* at Kansas State University an( Michigan State University. DETROIT (AP) - Bernard Furst, director of the Seventh day Adventist Church's disaster-aid work in Kansas, was lat arriving at the denomination' world conference in Detroit. Furst was too busy directin the relief unit in Topeka after tornado there recently to tak off for the convention. PROVIDENCE, R. I. (AP)Brown University has received a two-year federal grant of $166 000 to plan a high-energy radiation center to cost about $3 million. It will involve several hospitals in the state. ' CAMBRIDGE, Mass. (AP) Radeliffe College received gifts totaling $2.2 million in the past year. CAMDEN, N.J. (AP) - Tiros 7, the oldest of the Tiros weather satellites still operating, has been in orbit three years and still is going strong, officials of the Radio Corp. of America report. The Berlin Restaurant, run byitressej and a shower in every inot fly. Passenger* have been ... _ — ,_,.„... „_ » "">lknown to wait patiently it the airport, right In the center of town, for a« long at a week. Despite these Trrjtationi, more and more people are pushing into Pucallpa seeking fast tor- tunes. And, from the looks of things, it's not too difficult. though the Peruvian government is constructing a lavish tourist hotel and hopes to attract travelers interested in a 11 i g a t o r hunts, river cruises, safaris and a taste of untamed jungle. For the present, however, it takes a toughened adventurer to endure Pucallpa for any length of time. During the rainy season, the unlit streets turn into mud rivers. Mosquitoes a$ big as quarters are attracted to white skint. And a boa constrictor or anaconda dropping from a tree can be troublesome, to tay the least. The town's best hotel, the Mercedes, offers straw mat- room - you have to move the bed to use it It's not the Pucallpa Hilton, but it's $3 a night. When the town isn't wet, it's hot and air conditioners are still of another world. There are no telephones and the only contact with real civilization is by radio, A local airline connects Pucallpa witti Lima daily, except when there are clouds over the Andes. And then the plane does NOTICE OF FILING OF ASSESSMENT The Assessment of Street Improvement District No. 6 of Blytheville, Arkansas, was filed in my office on the 20th day of June, 1966, and the sariie is now subject to inspection. W. I. MALIN City Clerk of the City of BlytheviHe, Arkansas. 8-21 Hart r>e»aine»M A rare astronomical phenomenon occurred IB February e( 19(2: Six planets - Earth, Jupiter, Mare, Mercury, Saturn and Venus - moved into conjunc. tion with one another and with the tun and moon. CUBook Wit* Chinook ii the name given to a warm, dry wind on the east side of tiie Rocky Mountain In North America. These winds blow from a westerly direction primarily in winter. FIRST STAGE OVER-Seaman Recruit Victor C. Byrd, son of Mr. and Mrs. c. M. Byrd of Manila, has complet- «d seven week of Navy basic training at the Naval Train* ing Center at Great Lakes, 111. Byfd will shortly be re-assigned to a school, shore station, or ship. FOOT ODOR HOW TO KILL IT. CAVSf D BX * GCRM. Kill th« . f*r un<ll;, nraty, ttchy fe«t. »~t pltMei &V«1«<}HT, your 4M »Mk It W7 «*¥* eou»t«f. NOW a*. Wrtj DrafiMm. To Every Home Owner; Defend Your Civil liberties! A drastic Federal forced housing law now being considered by the Congress would destroy your basic rights-* unless you act now! Here's what it is*. "Tide. IV" of the soiled Civil Rights Bill-H.R. 14765 and S. 3296%-is the ftreei, n6t fair, (wusine; proposal that threaten* to deprive you, as a home owner, of basic freedoms. Here's what it would do: 1 Deny you freedom to contract with a person 4 Delay indefinitely a rental or sale, pending final of your choice in the sale or rental of your home, court disposition of allegations against you. or a room in your own home. _ . • • /. . , O Subject you to payment of unlimited damages ^ Deny you the right even to mention a prefer- ;f jnsist on CJterc ; 5 i n g preference in a sale cnce for » person of your own religion in adver- Qr Kn t t \. tising for a roomer or tenant. 3 Subject you to-suit by the U.S. Attorney Gen- 6 Discourage sale of your home because the eral to force you to sell or rent to a person other prospective buyer could not be assuredof tale. than the person of your choice. ing tttle until the deed is actually recorded. Because we are concerned about the human rights of all Americans ... • We protest a law that gives one person the right • We believe progress in nee relations will* to force another to enter into a contract against retardtd, not advanced, by this '"'Ijtq" 1 ?£ v:, w in portumty in housing is. making progress under . , . the influence of voluntary efforts of church, • We protest this attack on the human right of sc hool and people of good will. freedom of choice in disposing of private property. How can you make your protest heard? The Congress will reject the forced housing legislation because it would destroy rights «f features of this bill if you and other home and all Americans. M«»ti»r. property owners write your Members of Con- Write or wire today— and tell your Members gress and make it clear that you oppose this of the Congress whit you thlnK. Your local Real Estate Board urges you to join in the fight to defeat this bill yOUR CONTRIBUTION IS NEEDED to: DEFEND CIVIL LIBERTIES COMMITTEE 155 SUPERIOR STREET CHICAGO, ILLINOIS 60611 Amount of Contribution $... My name is —_.. Address ... I authorize the use "of my name in efforts to defeat Title IV of the CM Righto BO. Yes Q No u Blytheville Real Estate Board

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