Carrol Daily Times Herald from Carroll, Iowa on November 9, 1970 · Page 10
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Carrol Daily Times Herald from Carroll, Iowa · Page 10

Carroll, Iowa
Issue Date:
Monday, November 9, 1970
Page 10
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r U. S. Breaks With Silver This Week WASHINGTON (AP) - The government officially gets out of the silver business this week, ending a long, colorful and sometimes controversial association with the white metal. Once the main issue of a presidential campaign, the metal that used to make American coins ring has fallen on hard times—at least as money. The government break with silver comes Tuesday, the date of the Treasury Department's final sale of the metal on the private market. "Silver is just too valuable to be used as coinage," according to Thomas Wolfe, director of Treasury's Office of Gold and Silver Operation. In other words, the supply of the metal has fallen so short of the demand that the face value of stiver coins is worth less than could be obtained by melting the money and selling the silver. At the last, sale a few weeks ago. silver brought a price of $1.76 an ounce. Three years ago the set price for silver was $1.29 an ounce. For all practical purposes, silver coinage ended in the United States in 1965 when Congress ordered all American coins except the Kennedy half-dollar minted from a copper-nickel alloy. Now, because of Uhe supply and demand problem, even the Kennedy coin is not being made. Silver coins were used in this country in the early years, and through most of the 19th century >the U.S. money system was based on both gold and silver. But in 1873 the nation, along with most of Europe, went on a strictly gold standard, leading to a struggle that nearly split the Democratic party and embittered U.S. farmers against the Eastern business and banking community. The issue reached its climax when William Jennings Bryan won the Democratic presidential nomination in 1896 after his famous speech in which he thundered at the bankers: "You shall not crucify mankind upon a cross of gold." But, faced with mass desertions from his party, Bryan lost in 1896 and twice more; the political appeal of freer silver lost witih him. Gold remained the nation's money base until 1933 when President Franklin D. Roosevelt took the United States off the gold standard in an anti-Depression move. Tuesday's severing from the silver market won't quite cut all government relations with the metal. The Treasury still has about 24 million ounces of unrefined silver and the Defense stockpile has another 165 million ounces—for industrial use in emergencies and in the event some future Congress might decide a silver coin is needed. Peasant Girl Actress Raquel Welch does a wild dance for a sequence in her latest film being shot on the island of Cyprus. Both in Manned Flight, Robot Missions— T- SovieTSpace Program Makes a Strong Recover^ * ^ ,T e , n o,f^ a ,,f S The committee Looking toward the fu t up MOSCOW (AP) — The Soviet j robots will be attempted in the space program appears to be i near future, making a strong recovery both Cosmonauts Vitaiy Sevastya- manned flight and space-' nov and Andrian Nikolayev in robot missions after several started the comeback in June years in the shadow of American triumphs. Although the Russians lost the moon race, they have rebounded this year with their own moon-scooping machine and have just completed their fourth unmanned round-Hie- moon shot in the Zond series. In addition, they have contributed to space medicine by testing man's endurance in a record orbital days. experiment lasting 18 If public statements by cosmonauts and scientists can be taken at face value, more impressive feats wiltih men and when they set the duration record and concluded that the dangers of prolonged weightless- nes still constitute a barrier to flights of more than a few weeks. The Luna 16 mission three months later gave the Soviet Union its own samples of moon soil and also had the effect of restoring credibility to a space program which had not scored a major first between 1964 and 1970. Then in October, Zond 8 zipped neatly around the moon on a photographic expedition and splashed down by remote control in the Indian Ocean, the fourth Soviet round trip to lunar space. A new Venus probe, a refined version of earlier Venus capsules, was launched in August and is due to reach that scorching planet in mid-December. If it lands in operating condition Soviet space authorities can look back over a successful year. Moving ahead on a separate front, newspapers and broadcasters have hailed the success of the unmanned moon-scooper as a cheaper, safer method of doing what the Apollo astronauts did. There has been no emphasis on the fact that Luna carried home SVz ounces of moon soil compared with the 132 pounds collected in the Apollo 11 and 12 missions. No Soviet moon landing is in 10 Times Herald, Carroll, la. Monday, Nov. 9, 1970 preparation, according to frequent disclaimers in Moscow, but it is likely that more unmanned scoopers will seek more soil samples. Any Soviet space planners embarrassed when Apollo 11 and 12 landed on the moon must feel somewhat vindicated now. Besides the prestige of their Luna 16 soil, they have the satisfaction of watching Washington re-evaluate the need for manned flights. President Nixon's Science Advisory Committee has recommended after a special study that unmanned probes take precedence over rides in space by — U.S. 'astronauts. The committee decided that man's presence aboard spacecraft "could not be shown unequivocally to be essential for any of the probable scientific objectives in the next decade." This view echoed almost verbatim the line that began emerging in the Soviet press as soon as it became clear an American would be the first man on the moon. President Georges Pompidou of France, one of the few who has witnessed both U.S. and Soviet space launehings, said last month: "It seems to me there is much more wealth in the American presentation and execution, whereas the Soviet organization in more austere and simple, but equally as effective. The results prove it." cosmonauts and Soviet spjee administrators on tour abrgd have spoken only in genJFft] terms of what comes next ftwri the Baikonur launch pad-«e manned space center ,, t miles southeast of Moscow. •# Unmanned round trips jl Mars and Venus, using me knowledge gained from pe Luna program, apparently We in the works for 1970s. :* FINISHES COURSE * Army Pvt. Eugene H. Kasperbauer, 20, son of Mr. and Mfc. Herman Kasperbauer Jr., ham, has completed an eight- week cooking course at Ft. Oro, Calif. He entered the armj June 1970 and completed b training at Ft. Lewis, WE He is a 1968 graduate of per High School. Carroll. }N CANAL ZONE Army Pfc. John E. Hinson, 20, son of Mr. and Mrs. John M. Hinson, Carroll has been assigned to the Panama Canal Zone. Serving as an infantryman in Company B, 4th Battalion, 10th Infantry, 193rd Infantry Brigade. Pfc. Hinson arrived at Ft. Davis after completing advanced individual training at Fort Bliss, Tex. Pfc. Hinson graduated from Central City High School, Central City, in 1968, and attended Austin Peay State University, Clarksville, Tenn., before entering the Army in May. The frigate Constellation, built for the U.S. Navy in 1797, is America's oldest warship. Weekend Sees Traffic Toll Rise By The Associated Press At least five persons lost their lives in Iowa traffic accidents over the weekend, three of them teenagers. James Vorwalkd, 17, of Guttenberg, died Sunday when the car he was driving went out of control on a Clayton County road near Elkader and rolled over. The accident occured just after Vorwalkd passed a pickup truck. Authorities at Belmond weren't sure which of two persons drove the car from which Kenneth Alan Vestweber, 18, of rural Alexander, was thrown to his death Sunday. Also in the car was Michael Schmidt, 18, of Alexander. Officers said the car hit a parked vehicle headon, careened into a telephone poll and then sailed into a yard, hitting still another car. The other teenager to die was Christy Wuebker, 18, of Jefferson. She was a passenger in a car driven by Donald Baker, 19, of Scranton, in a two-car crash Saturday about five miles west of Jefferson on U.S. 30. William Taylor, 52, of Sioux City, died Saturday when his truck was struck by an Illinois Central passenger train near the south edge of LeMars. And Eugene Sydzyik, 25, of Ord, Neb., was killed Friday night when his car hit a guard rail on Interstate 80 at its intersection with U.S. 218 near Iowa City. 16 at Garden Club November Meeting (Times Herald News Service) MANNING — Ann Eickman was hostess to the Nov. 3 meeting of the Manning Garden Club. Sixteen members answered roll call with various subjects. Cecelia Nickum reported on the planned landscaping project at Manning General Hospital. Two planting plans are to be submitted by the Denison Garden Center. Regilda Stribe reported on replacements of flowers, trees and shrubs at the Manning Plaza. LaVon Puck presented the lesson, "The Never Ending Quest." The December meeting will be a 6:30 p.m. dinner at Saunders Steak House with a dollar gift exchange. The social committee will be in charge of this event. The meeting will be held at the home of LaVon Puck following dinner. You can't take the COUOTRY out of - \FEMtr/INSURANCE A,' Afe ' " •»--. .7S!j' • -ar u >i UFE»HOSPITAUZATION FIRE • ACCIDENT & HEALTH AUTO • FARM LIABILITY Insurance protection for yott... your family . . . your home. Let me show you how you can benefit more with FEMIC insurance protection. I offer prompt claims service on auto, hospital, fire, accident and health, and farm liability. I also write Life Insurance protection for all members of your family. You really can't take the country out of FEMIC insurance. TOM FARRELL 411 East 2nd Carroll, Iowa 51401 Phone 712-792-3331 FINAL PRICE SMASH Ellerbroek's Tremendous Removal Sale HIS IS THE END OUT THEY GO! The last Gasp, in just one week this sale will be history. STORE NO. 2 Fringe Suede Vests $1K Formerly $20.00, now you can buy one this week only *" Every Poster in the House Now Just Regular Spirit Panty Hose That Sold for $1.75, now only Belts, Head Bands, etc One big table full for just Ellerbroek's are saying goodbye to old downtown Carroll and next week will say hello to new downtown Carroll. This coming Sat. night we must move every piece of merchandise and every garment from our three stores on Fifth Street into our new store on Adams Street and Westgate Mall. To reduce our moving expenses and time it will take to move we are taking further mark-downs on brand new winter garments, so it will pay you to shop all three of Ellerbroek's Fifth Street Stores this final week of our removal sale. STORE NO. 3 Shirts and Slacks Boy*' and Girli' --- irts Sweat Shirts 25 Jewelry, Beads, Incense NO 1 and INCENSE BURNERS Sportswear Odds and Ends Discounts of 10% to 40% on many other items in Store No. 2. Use Your Ellerbroek's Charge Card New garments have been added to our Va-price racks and these are really bargains in dresses, coats, ensembles and odds and ends. Also save from 10% to 30% on all other coats and dresses. Bargain Tables 25 C 49° 98 C Dresses, Pajamas, Slacks, Boys' Coat & Cap FeAw Swim Suits 2'" On* Group «f Better Dresses and Sportswear 2 Just six more days on Fifth Street and then Ellerbroek's will move to Adams Street and Westgate Mall and will be closed for three days to get ready for our Grand Opening on Thursday, Nov. 19th at 10:00 A.M. WHAT A SALE! THE GREATEST "IN SEASON 1 ' SAVINGS IN THE HISTORY OF CARROLL FOR UP TO THE MINUTE FASHION MERCHANDISE. DON'T WAIT, SHARE IN THE FUN AND THE SAVINGS! '« w«. iJ

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