Longview News-Journal from Longview, Texas • Page 4

LONGVIEW MORNING JOURNAL iiattnxjoy, juy 15, 1972 Your Money's Worth Page 4-A Texas EDITORIAL VIEWS Okk West How Moderate Is McGovern? '72 Elections And Stocks blond is flowing all over the place; The South Dakotan's "stand and deliver" order couldn't have sat very well with Bv JOHN CHAMBERLAIN MIAMI BEACH (KKS) Senator George McGovern, in a moment of anger, served notice on his fellow Democrats that Explaining Political Conventions Boss Daley of Chicago, who has tney must accept him 'or else' seen his delegates disqualified The "or else" could inly have by the so called McGovern Rule interpretation of lawful del- egate choice. convention to take him or suffer a ruptured party. Winning at Miami Beach, however, is one and w'nning in November is another. What may very well do McGovern in with the majority of the voters In November is his almiil inexhaustible penchant for saying immoderate things. The other day he was quoted by the Associated Press as saying that the U.

S. bombing of North Vietnam and the rest of Indochina is comparable to Hitler's campaign to exterminate the Jews. Since both Lyndon Johnson and Richard Nixon are ultimately responsible for the bombing orders, McGovern is calling them Hitlers. Remembering the righteous wrath of Franklin D. Roosevelt when Senator Burton Wheeler accused our World War II lcad- meant a TeldyRseveir-Buir Moose threat to go a third party route In order to keep faith with the young who have knocked themselves out to win ten out of 23 primaries for the senator.

Later, realizing that had spoken out of turn, he promised to support the Democratic nominee if he were according to the rules. If I had a better opinion about the sticking power of politicians as a whole, I would say that McGovern made a great mistake in issuing a tentat've threat at a time that bad political How About Wallace? Moreover, if McGovern can pick up his marbles should the convention game go against him, it lends sanction to similar behavior by the Wallacites. Normally, one promised schism must beget the promise of an other. But Boss Daley, Hubert Humphrey, Ed Muskie, George Wallace, and Henry Jackson represent such different approaches to politics that I can't see them holding together long enough to stop McGovern in spite of his foolish ukase to 'Somehow I Can't See Him Scaring the Elephant' er of plotting to "plow under every third American boy," I wonder why there hasn't been more outcry at McGovern's insult to one president and one ex-president. FDR accused Whee'er of having said "the rottennest thing" in public life in a whole generation.

But was Wheeler's remark any more rotten than accusing two U. S. Presidents of practicing genocide? Where, for that matter, Is ex-bomber pilot George McGovern's memory of having partici-cipated in the "murder" he'd have to call it that to be consistent of civilians living under Axil rule in World War II? The justification for bombing German and Italian cities and Rumanian oilfields was that we were fighting a monstrous dictatorship. The same justification can be invoked for our nolicy in Indochina Hanoi is by tests a dictatorship, and it has conducted internal blood purges, invaded a neighbor across a demilitarized "one, and buried South Vietnamese civilians alive in Hue. Pat Cadell the McGovern poll expert, has told his boss that America has become a society without standards.

Superficially considered, this seems true But there are numerous individuals who still maintain standards, as McGovern may discover if he goes on saying immoderate things. Incidentally, standards involve rules of fair olay, and a McGovern who formulated the rules of representation that worked against Daley in Chicago had no cause for complaint against the Credentials Committee's decision to apply proportional representation to the California primary vot'J. To the extent that Pat Cadell Is right about our lack of standards, one may logically expect the "old" politics at Miami Beach to accommodate itself to the "new" once the "new" displays the requisite muscle to win. And, after that, one may logically expect plenty of word-eating and insult eating by the bandwagon jumping crowd. With their fingers crossed, the cynical young wilt any word eating that McGovern himself deems necessary to win in November.

But where the "old pros" of politics consider themselves betrayed, a McGovern success at Miami Beach may recoil on the "new" politics in such crucial statss as Michigan and Illinois. An immoderata McGovern may find he has talked himself out of winning. (Distributed by King Features Syndicate) X- Serious Crime Rate Trend Is Changing Serious crime in the United States -dwmg-the first-qtiaftef-ef-tfas-yeaf-: recorded the lowest percentage of increase in 11 years, according to the report of the U. S. Department of Justice.

While the rate of" serious crime Offenses increased 1 per cent, this indicates achange in trend is taking place. A year ago, the rate of increase was 6 per cent, and in 1970 it was 13 per cent. This downward trend in the rate of increase is encouraging. No one, with the possible exception of criminal elements, finds encouragement in a rising crime But when the trend turns- around, there is hope. -Attorney General Richard G.

Klein-dienst noted that 80 of the nation's largest cities reported actual reductions in serious crime in the first months of 1972. This compares with 59 major cities showing a decrease the same period of 1971, and 22 cities with decreases in 1970. The crime rate continued to decline in Washington, the nation's capital city. The number of serious offenses was lower by 30 per cent In the first quarter this year than in the like period last year. A year ago, the decrease was 18 per cent.

The most significant change in' this reporting period occurred in the six cities with more than a million population. In this year's first quarter, the number of serious crimes in these cities declined 6 per cent, reversing a 12 per cent increase reported in the first quarter of 1971. Mr. Kleindienst described the figures in the new report as "very heartening to us" and said they "should be to all law-abiding citizens." He. added that "none of us will be satisfied until we see an over-all reduction in the crime rate.

With the increase down to 1 per cent, we hope that the day is close at hand." The latest figures appear in the FBI's Uniform Crime Reports, re-' leased by Acting FBI Director L. Patrick Gray III. The report on nationwide crime statistics is mada possible by the-volunteer cooperation of local, county and state law enforcement agencies, Mr. Gray said. The report divides serious crime into two categories violent, which includes murder, forcible rape, robbery and.

aggravated assault; and property, which includes burglary, larceny $50 and over, and auto theft. Violent crime, which makes up 13 per cent of the total index offenses in the crime report, increased 2 per cent in the first 1972 quarter, compared to the like 1971 period, A 13 per cent increase Was registered in the first 197.1 quarter over the 1970 period. Property offenses increased 1 per cent in the first quarter, compared with a 5 per cent increase in 1971 end a 13 per cent increase in 1970. Suburban police agencies reported it 4 per cent increase serious crimes, slightly lower than the 5 per cent increase in the first 1971 quarter and substantially less than the 18 per cent increase, in .1970. Crime in rural areas increased 8 per cent in the first quarter, compared to a 6 per cent increase in 1971 and 19 per cent rise in 1970.

By SYLVIA PORTER "'MIAMI, July14 If the stock mar-' ket is lower at election time than at the start of 1972, the Democrats will most likely to win the White House. But if the market, as measured by the Dow Jones industrial average, is higher than on New Year's Day, President Nixon will most likely' be reelected Since 1900 almost three quarters of a. century this remarkable indicator has usually foretold the Presidential winner, according to Yale Hirsch, president of the Hirsch Organization of Old Tappan, N. arid author of the annual "Stock Trader's Almanac." There have been only three exceptions: 1912, 1940 and in 1908 when, says Hirsch, "The marvelous indicator never really had a chance due to Johnson's withdrawal as a candidate and the bombing halt." With extraordinary frequency during this Democratic convention week, I have been asked questions about the stock market and where it might be heading. Here are some fascinating answers I obtained from Hirsch, which will be included in his 1973 Almanac, to be published in late September Q.

What happens to the stock market between convention times and election day? A. In the first 40 years of -the 20th century, the market rose 10 out of 11 times, usually spectacularly, between the end of the Republican convention in June and November. There were fractional losses in 1944, 1948, 1952, 1956 and I960. Since then, the market has been a winner between the end of the GOP convention and election day (up 2.8 per cent from July 17, 1964, and up 8.8 per cent from Aug. 9, 1968).

The market has become much less volatile in the last six election years, with the average change 7 per cent against an average 19 per cent in the previous 12 election years. Q. Does the market react more favorably to Republican or Democratic victories? A. The Republicans win hands down on this category, reports Hirsch. Since 1900, the market as measured by the Dow has risen on eight of the nine occasions a Republican has won and on only four of the nine occasions a Democrat has won.

Research by the investment firm of Niederhoffer, Cross Zeckhau.ser also found that the average change the week after a Republican victory was: up 1.08 per cent. Following Democratic victories it was: down 0.23 per cent. But there's a catch Here! The market tends to discount the victoiy of an incumbent President. Since 1944, the Dow Jones industrial stock average has declined the day, week and month following the reelections of all the incumbent candidates during the period: Roosevelt (1944), Truman (1948), Eisenhower (1956) and Johnson (1964) except for a tiny 0.89 per cent gain the month after Franklin Roosevelt's last victory. Since 1900, only two of the 12 incumbents have been ousted, by the way: 40 years ago, and Taft in 1912.

And no party during this entire century has remained in power for only four years. Copyright 1972 Field Enterprises Inc. Cheaper Dollars When the dollar, was devalued some months ago the general tone of news stories at the time indicated that devaluation would make no difference to the buying power of dollars. However, if an American consumer goes abroad he will need a bigger pocketbook. -T-j me merg-a-zine- points at- traveling Americans, Europe will cost up to 20 per cent more this year than last.

The primary reason is the devaluation of the dollar." There is really no painless way to devalue a nation's money. Rocky Mount (N.C. Telegram. USIII.G'10N (L'PI) -In a press release 'his week, Rep. Otis G.

PUce, wrote that Americans would have a hard time explaining our political conventions to foreigners. Actually, it isn't all that difficult. I happened to have wakhel portions of the Democratic National Convention with a group that included an Austra-lian'who had only been In this a few days. He frequently turned to me for guidance and it only took a few words of clarification for him to understand what was going on. Or at least he said he understood what was going on.

During the credentials debute, for example, the Australian asked me why the delegates were milling around on the floor rather than listening to the arguments. Oratory Highly Persuasive "You've got to realize that convention oratory is highly persuasive," I replied. "If the delegates paid attention to the speeches, they would find both sides equally convincing and would be unable to decide hovr to vote. That would bring the convention to a complete standstill. "The.

only way the delegates can make up their minds on the various issues, and thus avoid a is to get up and walk around when someone ii addressing them," The Australian said, "I understand. We have a few orators like that in my country too." Later on, the visitor expressed puzzlement as to why the Democrats went to so much trouble to televise the proceedings and then delayed important business until most viewers were asleep. Matter of Moral Rectitude "It's a matter of moral i I explained. "Thanks to rule changes, many of the delegates attending this convention are young people. And Miami Reach is a wicked city where sinful night life and turpitude abound.

"By keeping the convention in session all night, the program chairman keeps these callow youths away from the flesh pots and other temptations too lurid to mention." The Australian said, "I understand. We have a few program chairmen like that in Australia too." Perhaps-the toughest job-war" explaining why some of the Democrats were actively cam-for vice president would then paiging. for the vice presidential nomination. "There's a move under way to make the vice presidency an all-volunteer job," I said. "Politicians who have fled to Canada to avoid being drafted for vice president would then be granted amnesty." The Australian saidf "I understand.

vVe have few cowards in Australia loo." wMw Yin "tnilM ili? Ii ,2 PrO'American France Longview Skies Today Saturday, July 15 Sunset today p.m. Sunri.se tomorrow 6:23 a.m. Moonset tonight 11:23 p.m. First Quarter July 18 PROMINENT STAR Antares in the south 10:10 p.m. VISIBLE PLANETS Mercury low in west after sunset.

Jupiter in the south 11:46 p.m. r20 Saturn above Venus; (all times Central Daylight) Computed for LONGVIEW DAILY NEWS Longview, Texas By Bailey R. Frank West Hartford, Vermont By HENRY J. TAYLOR PARIS Surprisingly good things are being said about President. Nixon over here.

The atmostpherics around him have grown excellent. Paris' Le Monde is the most influential newspaper on the continent. It often acts like a busy sheep dog barking the animals back into line. But this nd-oUiet-opi nion pens, such as Zurich's Neue Zurcher Zeitung, The Times of London, the Frankfurter Allge-meine, II Corriere Delia Sera in Rome, are; giving a good press to the U.S. President.

Actually, in many European countries the people seem to have more confidence in the United States than in their own France under. President Georges Pompidou, Premier ac-ques Chabon-Delmas and Foreign Maurice Schumann is leading the atmosphcr- Boorish Manners Ar Previous 'turzle Beyond these, there are also millions who equate U.S.S.R. and the U.S.A. as just two big monsters with little choice between their methods or purposes, too powerful for anybody else's good. This is a comforting philosophy that rids them of any feeling of moral ob-.

ligation or of commitment, or even to study the glaring facts -of history. -A kind of lethargy owns them Unfortunately (a dangerously), this is reflected in NATO. Fear- is the cement which has bound it together. Today NATO's only look is not of dynamism but of division, desuetude and decay At the personal level involving Mr. Nixon, his good standing over here is not new, although it seems to have been masked from us at home.

On the eve of Mr. Nixon's 1968 election a tranS European poll by the same Institute of Public Opinion showed Mr. Nixon preferred as President by a margin of 15 per cent In Sweden, 11 per cent in Britain, 10 per cent in West Germany, etc. Europeans as a whole seem pleased (and some are astonished) by the Nixon performance to date. Their officials do not find the American President one of those people who is always saying, "If you only knew what I He does tint1 leg- Pugilism iNinnajG ACROSS 53 One who 3 Boxing Short struiijht i5 Southern 56 Being (Lalin) 3'On the ocan Coitovixtu Wjnmtd A real-life embodiment of the Ugly American is presently abroad represents gthe United States in international competition and it is a shame that we must remain on this side of the Atlantic so helpless and unable to "tell the world that he is not truly representative.

He is our own Bobby Fischer, who plays chess better than anyone else in America and whose boorishenss and bad manners also are in a class by themselves. Having got his match with Boris Spassky, the Russian who holds the world title, he delayed the meet by excessive wrangling, arrived late for. his first and slept through the second for a forfeit. He does his country ho good in alienating the Russians, Icelanders, Frenchmen and all the others with whom, he" comes in and his erratic and loutish actions are especially disgusting to his countrymen for the reason that, they come at a time when mir President is at ics parade, at least for the time being. AH are strongly pro-American Chabon Delmas ever since he fought side by side with Gen.

George Patton's troops in the French Resistance. We've come a long way in this country since French militants, reflecting de Gaulle's "Americans, go home" propaganda, tore the American flag -from--the -American Galhedial-on April 7, 1967, and burned it in the streets of Paris. In fact, a French Institute of Public Opinion (Gallup) poll shows our country at the top of the French people's list of favorite nations. The United States leads all other countries in their affections by more than two to one. Canada is the runner up.

Belgium comes third. Russia runs a poor fourth. Millions abroad know that Communist Russia pursues a strategy that operates on alternating current: the Soviet velvet glove iron fist diplomacy. "They see through Moscow's technique, with its sudden shifts from hard line to soft line to gain immediate Soviet objectives and comfort anti Communist opponents. They know the purpose is to soften them up internally and externally.

The Soviet' has shown itself to be the enemy of any and ev- "PfyvoiiHiry mar ma nor tomw it's style of Europeans remember it smashed nation after nation and crushed the free soul of people after peo--. pie. Fewer and fewer seem influenced by th eKremlin men singing their siren songs. the other hand, as you ed) by the Nixon performance move around over here it is likewise apparent that much of the free European world is not emotionally, politically or economically capable of taking our side against the Sino-Soviets and, wilh this, the "trust in some magic peace- formula hocus- pocus abounds. DOWN" 3 Beckoned, 2 Disputed points 3 Almost slipping in rompoundsl TiojJ (2 words) 37 Fur pieces 4 Elongated fish 30 Pugilists' Imp Comrnottortf 7 Skeleton part 8 Roulett coachea 23 Fill with low 2SClothin sa witnerett old woman 4o Shop 43 Ellipsoidal 44 Mentally sound 45 Grafted (Tier.) 48 Confederal States of America (ab.) 'SO Pastry wager Lommana 9 Place opposite to cat 30 Moneylender 2 Applaud 31 Temporary 33 Island in shelters Aegean Sea.

19 Prepare soles 34 Colonizer to prevent 36 Organic CARL L. ESTES, Publisher 1934-1967 pubikhtr and churman of the Board MARGARET V. ESTES I. A. PARKER BLUE HOPKINS w.

KVRI.r ORBflRM President nd Oenerfcl Vict President. Edltor-ln-Chief Sffere'ftry-TreaBilrer Ipast makina an "atlemot at establish- J4 Church, section 33 Former Russian ruler JBDyof week (ab.) 17 Turned rapidly 38 Europe. (b) lWhn underdog wins 21 Food aerap 22 Takes out 4 Tears down 26 Rhises (Scot, var.) 28 Provide food 29 Part o( circle 1 SI Nbw Zealand ratite bird 32 Cuckoo blackbird 33 Chicken percK 35 Fathers (Fr.) 38 Beloved (Fr.) 33 What fighter does between- rounds 41 Legendary bird 42 Smelling organs Small child 41 Of an od 49 Moving vehicl EOClay (comb, form)' SI Pj-omontory I i iAi 16 It ho In ir rp- yr" Ti 20 ii a 1 "vT A a 1 Ti a jjj- 4 41 4234444 a 47 4 4 61 5 L. 11 i J. D.

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The subscription price br met! for weekdays only is II SS per month and sit to per ytsr mailed anywhere In the Diuted States. Second-Class Postage Paid At Longview. Texas Member of the Associated PriKS National Advertising Representative 1 esaa Daily Lesene, fnc, with offlae hi Chmseo. Dallas, Dfnver, Deirott, Kansas City, Los Anijeles, Memphis. New Orleans.

Nsw York, Oklahoma City. St. Loul and San ranclsco. ture them. He really listens.

In addition, he has most certainly succeeded in softening the Impression of Uncle Sam, the Big Boy. This is important. Yet he has what the French call "du cran" what we call guts. In this election year it may develop that President Nixon is plagued by a Mont Blac of distortions. But Europeans know that election time anywhere Is a season to be nasty and widely assume that the U.S.

President's rivals may be doing what comes naturally. Copyright, 1972, by United I'eaturg Syndicate, Inc.J Ing "easier relations with the nation his opponent represents. If this were merely "some young expert who made a private deal to play a little chess for a lot of money -end who-went over on his own to do it, the situation might be less serious. But Fischer in addition to these. factors has in some way managed to have the red carpet rolled out by our State Department and is actually living mostly sleeping at an Air Force Base in Iceland at-the American taxpayers' expense.

puts the whole, thing into the "public domairi and makes his actions truly" questionable. fii JPicwc est eXtWAra IHTHWU AMU K3 Hk.