The Post-Crescent from Appleton, Wisconsin • 1

ST-'CRESCEMF I HE FO VOL. XCI, No. 66 76 Pages APPLETON-NEENAH-MENASHA, WEDNESDAY, JUNE 28, 1972 ASSOCIATED PRESS WIRE SERVICE Price 15 Cents UJL fore irt'Vfe South Vietnam Starts First Counterof fensive SAIGON (AP) The Sou'th I elements of four divisions in agency, confirmed the ouster of Vietnamese government today Quang Tri, supported by tanks Col. Nguyen Van Chuc as launched its first attempt to re-1 and long-range 130mm guns top official in Binh Dinh, the capture Quang Tri Province, i that were a decisive factor in coastal province at the foot of All iukfe I (i er more man marines ana tne capture of the province, the central highlands, and said paratroopers crossed the MyjThey have repeatedly shelled he would be replaced by Col. Chanh River along a 10-mile the South Vietnamese defense Hoang Dinh Tho, who has been line along the My Chanh river chief of Quang Tin province, level of the May-June rate of :4.000 draftees in the Army he said the United WASHINGTON (AP) Pres- and approximately 45,000 others are stationed elsewhere; in Southeast Asia.

and have made a number of farther South Vietnam Maws; shall keep the min north. ident Nixon announced todav 10,000. Press Secretary Ronald stabs at the line with tanks and The report gave no reason fori plans for a two-month with-mfantrymen, but the South drawal of 10.000 U.S. tronns The press spokesman said the September 1 troop target level imum needed to achieve our objectives," and that, in any some American forces These figures have increased Ziegler, who made Nixon's announcement, said the President it a i IHC awiiA.il. uut ovinc nmvi i- 1 Vietnamese and their American mne w9c a wfrom South Vietnam and di- by about 25,000, he reported, also ordered that no draftees 39-00? rePrTi wcjuld remain until war prison air support have driven 'he Gen 1 rected that only draftees who Nguyen Van Toan, i.

i i volunteer be sent there in the since Hanoi's current offensive began last Easter weekend. future. uui.i..iuuu udCR um ciaimeuwh0 was recently named corn-to have inflicted heavy losses mander of the 2nd Mmtary Re. on tnem- eion. which includes Binh Dinh.

will b2 sent to South Vietnam unless they volunteer for service h'nzed of 549.500 in ef- ih2Te feet wticn Nixon took olfice in However, Ziegler said, if they 19t9- Nixon's action would reduce ers and those missing in action ave been returned or accounted for. I The White House spokesman that in addition to troops Meanwhile, President ThiciiThese sources said Col. Tho is 'the authorized troop level to 39,. fired a province chief American an old friend and associate of 000 by Sept. 1.

'are already in the war zone or Asked it the 39.UW wouia rep- Ziegler, while declining to predict that Nixon would direct further troop cuts in the future, told reporters, "We will have another announcement on this subject before Sept. 1." I in South Vietnam, some 40,000 under orders to go there, they! resent a resiuuai iurce, will stav or be sent. said he regarded that term He estimated there are some1 as "somewhat of a misnomer." officials consider one of the Toan. "Toan's got some politi- The average monthly with-best in the country. Vietnam cal favors, and Thieu wants drawal rate of 5,000 for the Press, the government news them," one American said.

summer months was half the 4mwn are aboard ships offshore front stretching from the South China Sea to the jungled foothills west of Highway 1. U.S. B52 bombers dropped some 1,350 tons of explosives to open the way for the push. Tanks, artillery, U.S. gunfire from ships offshore and American fighter-bombers supported the advancing troops.

There were no immediate reports on the extent of North Vietnamese resistance or of casualties. Since the North Vietnamese completed their conquest of Quang Tri, South Vietnam's northernmost province, on May 1, the South Vietnamese have made a number of in-and-out sweeps into the Communist-held territory along the coast. But allied sources said the drive today was the first large-scale attempt to carry out President Nguyen Van Thieu's orders on June 19 to retake all territory captured by aHnoi's forces in the offensive that began March 30. The North Vietnamese have, Big Banks Accused of 1 Huge Secret Holdings By JEAN HELLER among the top 10 of 41 utilities. I -Bankers Trust of New AssoHatPH Press Writer' ITrust.

under five nominee. York, using eight nominees, is WASHINGTON (AP) Sen. names, appears among the top among the top 10 stockholders 10 stockholders of 31 utilities, iof 20 utilities. Lee Metcalf said today that -First National City Bank of One company appearing New York, using eight nomi-j frequently high up in corporate some of the nation's largest banks hold huge hidden blocks of stock perhaps even con- nees, appears among the top 10 trolline interest in many of 1 of 29 utilities. stockholder lists is Cede and a nominee for the Stock Clearing a wholly-owned subsidiary of the New York the biggest U.S.

corporations. Utilities Shares But these banks are difficult -State Street Bank and $200 Million Approved for Stock Exchange. The corpo- eight to identify, he said, because on Trust, Boston, using street names, appears among 'ration is used to hold frequently stockholder lists they almost always appear under corporate pseudonyms, otherwise known as nominees or street names, the top 10 of 21 utilities. traded stock certiticates. Financing Charges for which translations are not readily available.

Agnes' Victims Agnew Schedules For example, Chase Manhattan Bank is identified on I stockholder lists. Instead, it ap Tax Deductible pears under one of its 24 street names, a list that includes Clint, Cudd, Eggcr, Gooss, WASHINGTON (AP) The ruling is retroactive to returns filed in the past three Gunn, Kane and Ring. Metcalf, a Montana Democrat and a member of the Senate Government Operations Tour of Heavily Damaged Areas WASHINGTON (AP) The Senate has voted $200 million in emergency relief funds for victims of tropical storm Agnes in the Eastern United States, doubling 'he amount requested by President Nixon. new government ruling allows all the finance charges on revolving charge accounts to be deductible as interest on in years. But it is considered doubtful that many taxpayers would file Committee, made his remarks amended returns to change the come-tax returns The ruling Tuesday by the In- amount of their deductions and in a speech to the Senate.

The use of street names by large institutional investors leads to problems, Metcalf said, particularly in industries required by law to make public ternal Revenue Service applies get a refund. In most cases, the to revolving charge accounts at 'amount of refund would be retail stores as well as charges Ismail. the names of large share In a two-pronged eltort to; help flood-stricken areas, the White House asked Tuesday for 1 urgent approval of $100 million in flood aid, and announced a two-day tour by Vice President Spiro T. Agnew of battered at Harrisburg, Pa. Flood waters have receded enough for cleanup to start.

(AP Wirephoto) Mud From Head to Toe, these three girls grab a minute's rest from cleaning their flood-damaged home on items bought through bankj Under most revolving-charge-crcdit cards. Revolving charge! account systems, no charge is accounts carry annual interest made to the customer's account rates of 18 per cent or more, jif purchases are paid for within Taxpayers had been limited! 30 days from the billing date, to deducting 6 per cent of thei If full payment is not made average unpaid monthly bal-within 30 days, the store adds a ance under a special statutoryicharge to the customer's ac- holders in annual reports to federal regulatory agencies. CAB Requirement For example, the Civil Aeronautics Board requires airlines to disclose stockholders with 5 per cent or greater interest rulp rnvnrina nurphaspc of count based on the unpaid bal- Bid to Overturn Nixon War Policy Swept Aside by House "Reports tiled wiin me AU nn in.iimn, wurp nt thp Kpeinninff of thft by airlines state that, as of the rying cnarges are stated sepa- month. In most cases, -that ena 01 ai-lralely. monthly rate is 1 per cities in Virginia, maryianu and New York.

The Senate atfed almost immediately. The $200 million would be administered by the Office of Emergency Preparedness, which already has a disaster relief fund of $92.5 million. The House still must approve, although it was uncertain whether it would do so before recessing on Friday until July tan held u.u pi; 1 win ui stock in TWA, 9 per cent of the stock in Eastern. 8.4 per cent of the stock, in National and 7.5 House shouted down Der ccnt of the stock in Ameri- WASHINGTON (AP) Back- ships, planes and other weap-fidence of taxpayers who i p-nciAmf Nivnn'e war fnr the fisenl vear startine'nppted hiecer weaDons cuts be-l The INK 1 tOIULlll 'iniin I -00-- cailse of the accords. I amendments to cut uu minion can," Metcalf said.

rvi Piko nNY 'from the President's $977-miI- But, he added, no Chase Man- UCp. UJi VI. TIM, ranc4 all tllllU knMinm. lictiH weapons policies, the House has July 1. decisively rejected efforts toi Weapons Cuts 17 White House officials said a arms bill and nunc uwuov 1 conienaea inai me '6ui-u liu Klniu ho Srivinfs tn mi on lor llgllieiuiig octicguaiu.inree Oilier an mil's, iwuiwcm funds would be used write a war-pullout deadline Wai! Tridonte power to blow the Soviets to, nn, upponenis antimissile radars and the fulliUnited and or sucniio wni into it.

for such: to smithereens. And all in things as repairing highways and other public fa-j It also shouted down a undermine the U.S,Sovietitalkl"S '1 he her posal to outlaw U.S. bombing a powder to grind 0 peo- .1 JnMK nnH! 0 0 nine rl inn o'irtn Ifltft and Dies of the earth into." North Vietnamese dams llU-million increase lixon; "iNeverineiess, wiase ivmn-asked for some other elements ihattan holds more than 6 per of the Safeguard program. Two cent of the common stock in other proposed cuts were de- each of those three airlines, ac-featcd by sizable margins. cording to letters I received The amendment to order U.S.

recently from those com- ment and destroy the con- cilities, and was "just a small portion" of the total aid available from 25 other agencies, including the Small Business Ad- dikes. The White House has de But Rep. Richard H. Ichord, backed Defense Secretary Melvin R. Laird's position icj r- nied reports that U.S.

bombing; ministration, which supervises struck such targets TODAY'S INDEX iju: names, ne sa a. ine DanK flicaetor loans to businessmen! In votina Tuesday, amend that he Moscow V' byWs OT and homeowners. Amendment Offered ments to cut $1.7 billion fromj weapons projects including the Trident missile submarine, Br iweapons development, because 'vias icjcucu Effective Control The Senate voted funds vwiiu -ire nj cQfD(larrt nntimis.1 i 4 A 1 Comics 8 Editorials A 4 Obituaries 5 Sports 1 TV Log 9 Theaters 9 Vital Statistics 7 Weather Map 7 Women's News 1 Regional News 1 ss-igs were ST? MSf te House then voted 334 to to approve and send to the1 departmental the author-; Nation for tanks, missiles.1 it srenarded an objection, -M 1 "i I or the greater numner 1 Thc Securitics and Exchange and submarines given the; "This would support the Commission says that generally Soviets uncijr the accords. 'President in his quest for a an jntercst can cffec-Nixon asked for the Trident cease-fire," said Rep. Hugh L.

tjve contr'0i 0f a corpnration by and Bl speedup and has argued Carey, "How can there n()lding as littlc as 10 ccnt that rejection would lead to be a cease-fire unless we tne cnrpnration's stock. inferiority by the late our massive outpouring of said he unrCrstands that 5 money and material to carry on pcr ccnt can constitute con- ithis senseless war?" trolling interest if other votes But Rep. Leslie D. Arcnds of are guttered. Illinois, senior Republican on; said he would in- ST from Sen.

Joseph Montoya. D-j Nearly 30 Years tate fnred a more nrecise estimate! the House Armed Services voar "cor-l Committee, said the measure pora(e owner-ship report act' v- oar They Died on Gua dalcanal of how much flood relief was needed. The itinerary for Agnew's fact-finding tour of flood-strick-nn nrnaa had not been corn- 7 would "intcriere wun me rresi- wnich woud reqUjrc companics dent's peace efforts." (o discloss the true identity or The amendment by Rep. Ab- interests which have vot- WASHtNr.TON fAPi On fould not be found. In a letter ner J.

Mikva, to prohibit ng COntrol over large amounts to the commandant of the U.S. bombing of North Vict- 0f slock. plcted. but White House Press a hillside at Arlington Nation namcse dams and dikes was, Metcalf said also he found Secretary Ronald Ziegler said he will visit Ellicott Md Hirhmnnd. and Elmira, quickly rejected by voice vote.

al Cemetery, world War II sorrowfulmemories are being reopened for thc families of rf Y. Accompanying mm will DC; fjve Marines who gathered to r.nn r.onroo I.inco n. neaa 01 Sforms Possible, Then Warmer bank domination in the broadcasting and electric-utility industries. "A survey of 19 banks showed that among them individual banks controlled more than 1 pcr ccnt of the stock of 25 broadcast companics, more than 3 pcr ccnt of the stock of 15 companics, more than 5 per W. Johns, of Johnstown.

Pfc. Eugene Jihnston, Littleton. N.C.; Cpl. John F. Suggs, Richlands, N.C.: Pvt.

Paul E. Gagnon, Augusta, Maine, and Pfc. Godfrey E. Hunter Winston-Salem, N.C. They were members of Company 2nd Battalion, 7th Marines, 1st Marine Division, on a six-day sweep from the Matanikau River to Point Cruz on Guadalcanal's northern coast.

Because of the heavy fighting, the Marine Corps said, eight of the Marines were burled where they fell. A Marine spokesman said artillery barrages and the rapid jungle growth hid the Marine Corps in Mrs. Johnston pleaded: "I want him brought back if it takes a hundred years to find him." In 1970. Mr. Y.

Timothy Kwaimani, wife of a forestry official on Guadalcanal, found the skeletal remains of an American serviceman and the identification tag with the name: E. Hunter, 13 14 27, U.S.M.C." A subsequent search, prompted by a letter from Mrs. Kwaimani to the 1st Marine Division Association in the United Slates, turned up additional remains which Fox Cities Showers and thundorshowers possible, ending tonight. Sunny and warm Thursday, Low tonight in thc the Office of Emergency Preparedness. The five states suffering greatest damage from Agnes's floods were Maryland.

Virginia. New York, Pennsylvania and Florida. Ziegler said the vice president will study recovery efforts and "make sure federal offi cent of the stock of nine com- low 50s, high Thursday in thc 1 panics," Metcalf said Held Stock mid 80s. Wind west at 8-14 1 I 1 "And one 'bankcastcr' had! more than 10 per cent of the i bury their sons and brothers killed nearly 30 years ago at Guadalcanal. Today's funeral services answered the plea of Mollie Johnston of Littleton.

N.C., mother of one of the Marines, to bring her son's body home "if it takes a hundred years to find him." About 40 surviving relatives were expected to attend the funeral, but not Mrs. Johnston. She died a few years ago. The remains of the five Marines lay in lost, unmarked graves on the Pacific Island battlefield until they were discovered in 1970. The five, among nine Marines killed by Japanese small-arms fire on Oct, 9, 1942.

were Identified as Pfc. David s- jA im jiii.iijioi.' I were sent to the Smithsonian cials are cooperating fully. The White House said the ad-dfional relief funds could also be used for aiding recovery from other disasters, Including the recent flooding at Rapid City, S.D. President Nixon Tuesday de grave siles and only three of Institution in Washington for m.p.h. tonight and Thursday with stronger guts possible in thundcrchowers.

Precipitation probability 40 per ccnt tonight and 10 per cent Thursday. Applcton Observations at 9:30 a.m. for the preceding 24 hours: high 84, low 65. Barometer 29.92 and falling. Wind south-southwest at 10 m.p.h.

Huifldity 72 per cent. Dew point 62. Skies overcast. No precipitation. the eight were later found by examination.

stock In a station." He did not Identify any of the companies. Among his findings on bank holdings among electric utilities: Cha.se Manhattan, using four street names, is among the top 10 stockholders of 42 utilities. -Morgan Guaranty Trust, using 13 nominees, appears Working with medical rec Boris Spassky, the world chess champion, lunches on watermelon during a break in a tennis match near his home in the Soviet Union. Spassky is to defend his title against American challenger Bobby Fischer in a 24-game match scheduled to start Sunday in Reykjavik, Iceland. (AP Wirephoto) clared California a major dis the graves-registration service.

They were brought home for burial. The families of the remaining five were notified of their deaths but told the bodies ords and rays, the Smithsonian Identified thc remains as those of the five World War II Marines whose bodies had ben declared unrecoverable. aster area as a result of flood damape caused by a break In a levee in Sacramento County..