Greeley Daily Tribune from Greeley, Colorado on October 13, 1969 · Page 19
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Greeley Daily Tribune from Greeley, Colorado · Page 19

Greeley, Colorado
Issue Date:
Monday, October 13, 1969
Page 19
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Hs!d for Woman, I Weeks Ago LEAD U N I T E D WAY DRIVE - Part of a team of 17 United Way residential area leaders are these four Greeley women. Called "Majors," the women are responsible for the money collected in various geographical areas around the city. Left to right are: Mrs. Scott Clugston, Jackson area; Mrs. Bill Farr, Belair-Brentwood; Mrs. Tony Vaughn, Arlington; and Mrs. Joe Tennesson, Meeker. (Tribune photo by Ron Stewart) UNITED WAY MAJORS -- These .five women are part of a team of 17 "Majors" in charge of collecting funds for the 1969 United Way drive. Left to right are: Mrs. Marion Pearce, in charge of the Rangeview- Highland Hills area; Mrs. James Steckman, Franklin area; Mrs. Richard Maxfield, Sherwood; Mrs. Carrot Conn; Franklin; and Mrs. A. R. Reynolds, Southeast area. (Tribune photo by Ron Stewart) Economist Proposes Plan For New Foreign Aid Use By A.D. HORNE The Washington Post .WASHINGTON - An unusual proposal to use foreign aid as a source of credit to coax private capital into productive investments in developing countries is under consideration by the administration. The proposal, brainchild of an Israeli-born economist at New York's Fordham University, is mentioned in the still- unpublished Rockefeller report as an example of how U.S. aid could 'be used to promote Latin American business growth,without the delays and political strains of loans made for specific projects. The plan's author, Prof. David T. Klcinman, studied Brazil's capital problem as a consultant to the U.S. Agency for International Development and submitted a detailed proposal for restricting the securities market there. A paper summarizing his plan for Brazil was published in the winter 1969 issue of MIT's Industrial Management Review. Kleinman maintains, however, that his plan could be adapted to any country that has a system of financial institutions. In brief, the plan would work this way: The developing country, using foreign aid capital, establishes a special fund in its central bank to finance underwriters' .and institutional investors' purchases of approved new securities. These securities, a form of long-term bonds, must be tied to the country's cost of living index .to assure investors dial repayment would not be in currency made'worthless by inflation. (In Brazil, Kleinman estimates, about 53 billion in private capital is tied up each year in land and other, nonproductive investments as a hedge against inflation, and another SI.5 billion a-year is invested safely overseas.) · The" special funds credit rules provide incentives for the underwriters to place the . bonds quickly. The purpose is to re- lease'the" credit for other securities issues as a ' revolving fund. The underwriters are required to take full title to the securities t o . q u a l i f y for the special funds credit; thus the risk of ah issue that fails is theirs, not he fund's. The securities would be marketed over-the-counter, with brokers and investment banks allowed full financing from the special iind, with arbitrage and trading profits as incentives. The fund also would issue daily a official market information, based on required sales reports 'rom the dealers. Kleinman claims the following advantages for his plan: -- About four limes greater: utilization of local capital than the foreign aid put into the spcc- al fund. ' -- a three-tp-five year turnover of financing, compared to 'oreign aid loans that run 20 years or more. -- Freezing of foreign and international development agencies from detailed investigation and supervision of each project for which support is sought. -- Finally, creation of an ef- 'icicnt capital market which will attract international risk capital, eventually supplanting 'oreign aid. ^a-gpio ^ Questions and Answers Q. Are students attending high school, vocational school', or other institutions, eligible for student social security benefits if all other requiremenis are met? A. Yes, if he is enrolled for at least 20 hours a week, in a course of study lasting at least 13 weeks and is considered to be a full-time student according to the school's standards and practices. The school must be an "educational institution" as defined by the social security administration. Weld County Real Estate Transfers Document fees listed are at the rate of one cent per $100 of the selling price, Property selling fop less than $500 Is exempt. Ruth E. Leifheit, Dale Leif By'JOHN HANRAHAN The Washington Post CUMBERLAND, Md. -- For the relatives - a n d ; Wends, of Linda Puegeot and her two-year- old daughter, Lori Mae, the nightmare continues. sboul Almost three weeks ago, Mrs. Peugeot, 21, and her daughter were kidnapped from a department store parking lot near 3el Air, a tiny Allegany Coun- ly community just south of Cumberland. Mrs. Peugeot had gone there on a shopping trip for her child's second birthday, the next day. On October 4, Stanley B. Hoss Jr., 25, a conflicted Pennsylvania rapist and the alleged abductor of the Peugeots was cap- .iired'.In Waterloo; Iowa. . '.- , Now, one week after his capture, the whereabouts of the young mother and her daughter ·emain a mystery. . · I n ' a modest frame'home at 3el A i r , Mrs. Puegeot's hus- jand; Gerald, ,home on- leave 'rom Navy duty in Jacksonville, 'la., and her mother, Mrs. Wiliam H. Thompson, : wait for news, preferring not to talk to isitors about their grief. In nearby communities,- peo- )le share their sorrow.. Some also express anger and fear. And.many wonder why the FBI and police are unable to determine -- or are unwilling to say -- what has happened to the Peugeots. "They've had him (Hoss a week," said one woman in a shopping center not far from he kidnap scene. "I'll bet it ,hey worked him over they could get him to talk." "The worst part of this is her nolher and husband not .know- ng whether they are alive or dead," said Grace Maxwell as" she waited on customers in the Jread Box Store near Cumber- 'and. "Even if they were told she and the little girl were dead, that would at .least remove the pain of not knowing." "Women who-come in here are scared to death," said Louise Warnick, Mrs. Maxwell's coworker. "They used, to leave their children in the car when they would run into a store for a minute, but not any more.' Mrs. Warnick said her daugh ter, Sheila, a classmate of Mrs Peugeot's at Westernport High School, was especially. broken up-by the "tragedy. : "My daughter can't believe she's dead," Mrs. Warnick,said. "It's such a terrible thing. She (Mrs. Peugeot) was valedictorian of the 1966 graduating class and also was voted most likely to succeed. I can still see her Land Fees Rate Said Curb fro Future Skiing WASHINGTON (AP)-A Den- creased. He said the system hang him up and let every-,ver attorney has told the Public· "discriminates in a most erratic one take a bang at Him. l - k n o w l L a n d Law Review Commissioni m , a ,"" c /v,, ,,. , ., that's tint find's wav Rnl i H i u . i , , lle sal " nis proposed guide- uais not was way. isut it that proposed new rate systems - · · ·· · ·· · Mon., Od. 13, 1969 GREELEY TRIBUNE Page 19 Under a proposed set up by the Bureau ol the Budget, fees would be progressively increased as sales in an area are in- Cd for P ublic lands i men are very riled up ,, this," another woman C f u l u r e development «r ski , shopper'said.' It's lucky for that man that he was captured someplace else and not here." Hoss escaped from the Allegheny County Workhouse in Pittsburgh 'on Sept. 11, by sawing through bars on a skylight and climbing down 50 feet of bedsheets and rope to the ground. He was awaiting a sentence on a conviction o f . raping a 17-year-bfd suburban Pittsburgh girl. Since'his capture, he was sentenced'to ten to 20 years for the' rape conviction. During his. 23 days of freedom, Hpss is also .alleged to have killed a Verona, Pa., policeman and to have kidnap^ ped an Arnold, Pa., woman. She was dropped off unharmed in Wheeling, W. Va. Now, Hoss sifs'ui maximum security confinement · in the Western Pennsylvania Penitentiary, perhaps ,the only man knowing whether Mrs. Peugeot and her daughter are .still alive Meanwhile, the people 'around Bel Air wait. And they pray. Spain Well Covered MADRID - in Spain are 125 accredited foreign correspondents representing 129 publications in 27 countries: The largest groups are from the United Stales,.32, and Germany, 22 Stephen Hart, an attorney who represented Colorado Gov. John Love in hearings Thursday, said federal guidelines for land should be based on what he termed fair market value of the land used by the operator. assuring ski area developers their facilities would not be rendered worthless by arbitary and unilateral changes in fees at some future date. TRIBUNE WANT AD 352-0211 Big Killer .; MBABANE, Swaziland (AP)-Lack of health education is · 1st bigger killer, than starvation in this tiny African state,, says Senior Medical officer Dr.' Gay Murphy. The 1968 mortality figure from malnutrition and gastroenteritis of nearly 300 could virtually have been wiped, out if children were fed proteins' instead of their staple diet of maize (corn) porridge. Animal- proteins are plentiful in such foods as meat, eggs, milk, fish, cheese, grasshoppers and flying ants (termites), he said. Ask him which of In many mutual fund might he suitablt your financial pi LYONS, COLO. Moonlight Carpet Sale LYONS, COLO, licit, Harry Leifheit, ,lr. and delivering the validiclqry address. She's so tiny -- not even Louise Brownfield Less to Joe W. .Ayers, lot 1, blk.G, Purvis Pve feet tall and about 92 pounds -- that they had to get Marilyn Volz to Allen E. and Marjorie G. Weed, lot 6, second addition to Belair Park city of Greeley, DF $2.80. Realty Mortgage and Investment, Inc., to Lowell D. and Hoss) out into the public square Addition to the town of Johns- her a box to stand on so her town, DF 60 cents. |head would be above the speak- J. R. P. W. Construction Co. ] er ' s siand. Then this had to hap- to Rex Carr Eaton'Jr. and'Ro- P^, 11 ' 3 ierr ^. bert Lawrence Eaton, part of Thcy ° Ught ! ° take hlm Lot 3, blk 1, second addition to Hillside, part of lot 3, 4,'and 5, blk 1, second addition to Hillside, part of lot 5, blk 1,- second addition to Hillside, and 'A interest in part of lots 3, 4, and 5, blk 1, second addition to Hillside, city of Greeley, DF $16. Arnold L. and Lambert A. Burger lo Del Camino Corp., J /i interest in the W'/i of the SW'/i of sec. 2, T 2 N, R 68 W, DF $6.00. Walter Everett and Joan ennie Lee Hettinge.iv lot 12, Ik 1, Village Subd., town of jvans, DF $1.51. Storm Doors Door 9 CO/ Mirrors *V /° Off HARDING GLASS CO. 1915 9th St. . 352-8263 PUBLIC AUCTION THURSDAY, OCT. 16, 1969-1:00 p.m. Located at the Greeley Auction grounds, 1 l /z miles east of Greeley, Colorado on Highway 3d. PARTIAL LIST CONSISTING OF: 1 Gibson garden tractor (with plow, mower, 2-way cultivators, dozer blade, snow blade, bean cutter and tumble bug); 500 gal. tank with hose; 1 horizontal furnace, 65,000 B.T.U.; new Coleman floor furnace, 60,000 B.T.U. (still in crate); automatic'garage door opener; shovels; ladders; log chains; 4 wheelbarrows; swing sets; bath tubs; sinks; gas stoves; beds; bikes and trikes; lawnmowers; house jacks; camper Jacks; picnic tables; belts; dog houses; tool boxes; · rabbit hutches; tires; wheels;, bolts; pipe fittings; window screens; fence posts; barrels; barrel pumps; gas and electric motors; air compressors;. 15 bundles asbestos siding; barbecues; white paint; many, many more items too numerous to mention. GREELEY AUCTION SERVICE ROLAND KRIER, Auctioneer -- Ph. 352-9r*S7 w n ta a n E OF SWEDEN : Its ride is too smooth for most people MAKES .V.ANY FEEL DID ronimrm Kidney or Bladfii-i 1: tifins make mnny men and \vi feel tense nml nervous frnm , r t n : burning or itchmj,* urrnniir.M i and day." Secondarily, y'»» may sleep and. liave Heart.viic. »;""·' and feel old-.T. tirfd. fie;rt^. such racer.. CYSTKX usunhy 1. r^laxintf rom for. Hy ciirnir.t; '·: i IF; perms in flfid u r i n e -in''. *;- rll.i- nr.i uent. KU ln« M f ' c l. In :n»:s . . but maybe you'll like til see it at BEETHAM AUTO SALES 1219 8th Are. 353-3437 I * · m · » a H WvM B B F S I I B B B H U B * ! Monday * Tuesday * Wednesday 5 p.m. to 11 p.m. "GREATEST CARPET SALE LYONS EVER HAD' THIS IS THE BIG ONE! STORE WILL BE CLOSED TIL 5 p.m o give crews needed time o mark'down and arrange very carpet for thii Sale! OME EARLY . . . STA'i LATE Everything Reduced Unbelieyeable Values LYONS WAREHOUSE CARPET SALES Lyons, Colorado SEE OVER 700 ROLLS Plus 1000's of Remnants 1st Quality Guaranteed "Drive A Little--Save A Lot" Low Overhead Carload Purchases Means Warehouse Prices 7 Huge Showrooms SEE OVER "We Cover the West" Plus 1000's of Remnants 1st Quality Guaranteed "Drive A Little--Save A Lot" SEE THE CARPET YOU BUY! DON'T BE FOOLED BY SAMPLES Don't Be Confused By Imitators!! No Other Stores Lyons, Colo. ONLY BUY NOW SAVE WILL HOLD YOUR PURCHASE UNTIL READY NOTHING DOWN UP TO 5 YEARS TO PAY CALL FOR FREE SHOW WAGON TO YOUR DOOR GALL LYONS COLLECT 823-6677 WAREHOUSE "Northern Colorado's LARGEST STOCK" 12 Full Time Bohded Installers Immediate Delivery "OUR TENTH YEAR IN LYONS" 8 Free Estimates · Free Delivery · Free Storage LYONS, COLO. We are ready, willing and able to serve you anyplace, anytime. Come to "Carpet Town, U.S.A." So. Side of Mcin St., Lyons, Colo. DAILY 9-9 SATURDAY 9-6 SUNDAY 11-6 IF WE CANT GUARANTEE J T WE WON'T SELL IT!!

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