Panama City News-Herald from Panama City, Florida on June 29, 1974 · Page 1
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Panama City News-Herald from Panama City, Florida · Page 1

Panama City, Florida
Issue Date:
Saturday, June 29, 1974
Page 1
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MOSCOW (UPI) - The Occidental Petroleum Corp. of the United States Friday signed six contracts with the Soviet Union worth $20 billion in a chemical fertilizer barter deal believed to be the largest between a country and private business. "This Is a historic moment In Soviet-American business relations," said Armand Hammer, the W-year• old Occidental chairman after the signing ceremony at the Soviet Foreign Trade Ministry. American business sources said It Is the largest single transaction ever concluded between a nation and a private company, Hammer, whose first business Contact here In 1921 was with the founder of the Soviet Company Lands $20 Billion Soviet Deal state, Vladimir 1. Lenin, sa,id it was highly significant that the signing occurred during the third Soviet-American summit. He praised President Nixon and Communist party General Secretary Leonid I. Brezhnev for their help and Interest In concluding the deal. Under the 20-year agreement, Occidental will provide up to one million tons a year of super- phosphoric acid to the Soviets. It will get in return Soviet ammonia and urea; byproducts v of natural gas used to make fertilizers. The six contracts sigivad Friday Include four providing for the commodity exchange and two worth $100 million calling for Occidental to design, equip and supervise construction of two Soviet port facilities to handle the exchange. When the preliminary agreement was signed In April, 1973, Hammer estimated It to be worth $8 billion. Recently, he said, a rise In commodity prices had increased it to about $20bllllon. The Soviets last week awarded the first contract related to the deal -a $200 million agreement with Chemical Con- structlon Corp. (Chemico) which calls for the building of four ammonia plants southeast of Moscow. Originally, pipelines were to be built to transport the liquid ammonia but Hammer said Friday the plan now Is to use specially designed railroad cars. He also said plans are not complete for four other ammonia plants envisioned In the Initial agreement. Occidental will sell the Soviet-made fertilizer components in the United States or other countries. The same ships that deliver the Soviet chemicals will return to the Soviet Union with superphosphoric acid from Occidental's plants in Florida. The superphosphoric acid will be processed in Soviet plants for use in fertilizers needed to boost Soviet agricultural production. Good Morning! Today Is Saturday, June 29, 1974 HERALD "The great tragedy of life is not that men perish, but that they cease to love."—Somerset Maugham A Florida Freedom Newspaper Volume 5 No. 60 The World's Most Beautiful Beaches Panama City, Florida Telephone 763-7621 Three Sections 26 Pages Price 10 Cents Nuclear Treaty Top Priority In Russian Summit Meeting MOSCOW (UPI) - President Nixon and the Kremlin leadership plunged Friday into the most vital question of their summit meetings —how to stop the nuclear arms race —and in a surprise move reached virtual agreement to forego building any more defensive missile sites. The disclosure came after the first full day of summit talks — a day which saw the two sides met for a total of four hours, 20 minutes and joined forces on agreements to cooperate against future energy shortages, housing problems and f North Koreans Blast Gunboat END OF LINE — Wounded and kneeling, center, 40-year-old Andy Rebick is taken into custody near St. Petersberg after his involvement in a gun battle with Pinellas County Sheriff's officers. Rebick first fired on the officers from an abandoned house when they came to investigate a reported suicide attempt. (By UPI) Farm Product Prices Still Going Downward WASHINGTON (U P I) Prices for raw farm products, slumping for the fourth consecutive month, declined another 6 per cent in the month ended June 15, the Agriculture Department reported Friday. Prices were 4 per cent below a year ago while farmers' costs averaged 14 per cent above a year ago. Beef cattle and hog prices 'fell for the fifth consecutive month, leaving the average of all meat animal prices 29 per cent below a year earlier. Because of the slump, congressional farm bloc leaders are currently pushing emergency credit legislation for livestock producers despite Agriculture Secretary Earl L. Butz' claim the credit could do more harm than good. Beef cattle prices dropped to $32.30 a hundredweight June 15, down $4.90 from a month earlier and $11.60 below a year earlier. Cattle prices, which reached a record of $57.10 last summer, declined after that to $37.60 but then rallied to $44.40 in January before the latest decline began. Hog prices in mid-June averaged $23.50 compared with $26.30 in May and $37.30 year earlier. Whether the. decline in the average of all farm prices will drive down grocery prices will depend on whether the lower raw product costs are offset by increased marketing costs. In NEWS ROUNDUP Champ Quits NICE, France (UPI) — Bobby Fischer has resigned his International Chess Federation world championship title, officials at the 21st World Chess Olympiad underway here said Friday. Fischer reportedly told officials of the ICF in a telegram that he was taking the action to protest the conditions of world championship matches. Soviet Physicist Plans Strike MOSCOW (UPI)—Nuclear physicist Andrei D. Sakharov, one of the developers of the Soviet H-bomb, said Friday he was going on a hunger strike to draw the attention of President Nixon and Soviet leader Leonid I. Brezhnev to the fate of political prisoners in the Soviet Union. Lansky Decision Reversed NEW ORLEANS (UPI) - The 5th U.S. Circuit Court of Appeals reversed Friday the crimial contempt conviction of Meyer Lansky, a conviction that stemmed from a government investigation in income conceanment at the Flamingo Hotel in Las Vegas. Secretary Pleads Innocent TAMPA (UPI) — Mrs. Mamie B. Mitchell, 65-year-old personal secretary to State Comptroller Fred O. Dickinson Jr., pleaded innocent Friday to three counts of perjury and was released on her own recognizance. Mrs. Mitchell was indicted June 18 on three counts of lying May 2 and 3 to a Federal Grand Jury investigating the financial affairs of Dickinson. May, average retail food prices rose slightly despite a drop in farm prices. The new drops in meat animals, if translated into lower retail prices, could have an impact on food price averages since meat makes up about a third of the typical grocery bill. Friday's report had one potential clue to retail prices, noting that average June prices paid by farmers for food and tobacco were two thirds of 1 per cent below May. The 6 per cent drop in all raw farm products followed declines of 4 per cent in May, 6 per cent in April and 4 per cent in March. Overall, prices were about 19 per cent below February when the current slide began and about 21 per cent below the record set last August. Iran Gets Reactors Deal For WASHINGTON (UPI) - The State Department said Friday the United States had agreed to .supply two nuclear reactors to Iran. A department spokesman, Robert Anderson, said: "We expect that contracts for fuel for the reactors will be signed in Tehran very soon." He stressed that the contract was a provisional one and would not go into effect until Iran signed an agreement providing for strict safeguards upon which the United States insisted. The announcement follows President Nixon's Mideast trip in which he agreed to supply nuclear reactors to Egypt and Israel, subject to safeguards that the plutonium that the reactors produce is not used for making nuclear weapons. SEOUL (UPI) - North Korean gunboats sank a South Korean police patrol vessel Friday in northern waters off the peninsula's eastern shore. North Korea said South Korean fighter planes flew Into its air space and strafed one of its patrol boats. It warned against such "reckless military provocations." The South Korean defense ministry, in reporting the sinking, admitted its patrol craft was in northern waters, but said it was forced there by three North Korean gunboats that intruded rs ani boat A South Korean government spokesman, Yoon Chu-yung, termed the incident a grave military provocation on the high seas. "We strongly demand that North Korea apologize for the incident and return survivors, if any, and the bodies of those killed in the sinking," Yoon said. The North Korean Central News Agency, in a broadcast monitored in Tokyo, confirmed the sinking. It said the sinking took place after the boat invaded North Korean waters and that North Korea had taken several crewmen into custody. The North Korean broadcast also said that South Korean planes attacked 13.5 miles north of extension of the military demarcation line, "which is the airspace of the northern half of the republic." "The Korean people and the Korean People's Army will never tolerate any reckless military provocation of the (South Korean President) Park Chung-hee puppet clique and will make the provocateurs pay a proper price for it each time," the broadcast said. The naval incident was the second involving the two countries this year. heart disease. A joint announcement said the' leaders in the second of two meetings took up —unexpectedly —the, question of further limiting defensive antiballlstlc missile systems (ABMs) as well as curtailing underground nuclear testing. American sources said the ABM agreement, on which only minor details remain to be ironed out, would not be concluded separately but as part of a bigger package being hammered out in the week-long summit conference. That new limitation was called up first because it was easy to agree on since neither side intended to go on with building a permitted second missile site anyway. New ABM talks had not been anticipated this week since a permanent pact limiting each country to two sites of 100 missiles each was signed during the 1972 Moscow summit meetings. "The question of additional measures to limit the ABM systems of the USSR and USA was discussed," a joint com­ munique said. "An exchange of opinion also took place on the question of limiting nuclear weapons tests. The discussion on this question will be continued." The American ABM system was known as Safeguard, and cost $5 billion. The United States put one quota of ABMs around Malmstrom Air Force Base at Grand Forks, N.D., home of its main missile launching site. The Soviets put theirs around Moscow. White House Chief of Staff Alexander M. Haig told reporters, "On ABM, we're in pretty good shape, but there is more to discuss" on other nuclear subjects. White House sources said Nixon and the Soviet leaders would be. meeting at length again Saturday before signing a 10-year trade pact and heading for a weekend at a Black Sea resort. The Soviets went Into the summit saying they were ready to set a timetable for abolishing underground testing, and both sides indicated there likely would be agreement On this aspect if not on an overall arms treaty. In a break between two talks of more than two hours each, Brezhnev had beamed and led the applause as Nixon signed an energy pact with Soviet President Nikolai Podgorny- and a housing agreement with Premier Alexei Kosygin. th Korean gunboats _ _ _ Rab+«~Backs PromSses With Renewed Strikes By United Press International Prime Minister Yitzhak Rabin said Friday that Israel would wage a sustained war against Arab guerrillas. As his warning was delivered, new Israeli artillery strikes against Lebanon were reported. Lebanese Prime Minister Takieddin Solh sent a letter to President Nixon and Soviet Communist party Secretary Leonid I. Brezhnev, currently meeting in Moscow, to protest Israeli strikes undertaken in retaliation for guerrilla raids. Speaking to newsmen before leaving Israel to attend a meeting of the Socialist International in London, Rabin Reports Denied On House Stand WASHINGTON (UPI) Chairman Peter W. Rodino Jr. denied Friday that the 21 Democrats on the House Judiciary Committee already have agreed to vote to recommend that the House impeach President Nixon. Moving swiftly to cut off a wave of Republican criticism that followed publication of the story in the Los Angeles Times, Rodino went before television cameras and then to the floor of the House to issue his "unequivocal and categorical" denial. The story quoted him as telling lunch hour visitors to his office Thursday that the committee Democrats were united, behind impeachment and that Rodino felt it would take the votes of five of the panel's 17 Republicans to present a strong impeachment case on the House floor. Photocopies of the news stories were passed around in a closed meeting of the committee while presidential lawyer James D. St. Clair was wrapping up his two-day defense of the President. Later, some GOP members interrupted House debate on an appropriations bill to comment on Rodino's reported remarks, One, Rep. C.W. "Bill" Young of Florida, suggested that "maybe there is a scenario worked out In advance" and said he won• dered who might be its direc tor. A Democrat on the Judiciary Committee, Rep. Paul S. Sar- banes of Maryland, replied that "there is no scenario, no director" and that neither he nor other Democrats on the impeachment panel were making "a pre - determination". declared, "We see our activities against terror as a continual war." He said that in assessing Israeli responses to guerrilla attacks, the -world must "not search for a reaction to a single, isolated action, but rather see this as a whole complex of a long war against terror." Newsmen in south Lebanon said Israeli heavy artillery shelled the hills surrounding the village of Jouaya 12 miles north of the border for 45 minutes. It was the second time in four days the Israelis shelled this area. Later, the Israelis fired artillery shells at the areas of Yater, Haris and Kafra, south of Jouaya, the newsmen said. The shelling was continuing sporadically nearly two hours later. There were no reports- on casualties or damage. Lebanese government sources said Solh delivered a note to U.S. ambassador George McMurtrle Godley and Soviet Ambassador Sarvar Azimov, whom he met separately Friday. "In this letter, Solh raised the question of the repeated Israeli aggressions against Lebanon and the threat they pose to peace in the region at a time efforts are being made to realize a Middle East peace settlement," the sources said. City Chief New FPCA President Panama City Police Chief Tom McAuley has been elected vice president of* the Florida Police Chief's Association which held it's convention this week in Miami. McAuley, who has been on the board of directors of the association for the past six years, said Panama City Beach Police Chief Tommy Sullivan was elected to fill the vacancy on the board brought about by his election. The association is comprised of 318 permanent members representing the various cities of Florida. McAuley said next year's convention will be held at Panama City Beach. New Evidence On Smoking Reported WASHINGTON (UPI) - The government said Friday it has new evidence that cigarette smoking is the major cause of lung cancer, chronic bronchitis and emphysema, and is a major factor in coronary heart disease. The Department of Health, Education and Welfare, in a report to Congress 10 years after the first U.S. surgeon general's report on.smoking and health, also contained new warnings to pipe and cigar smokers. "The evidence is clear that people who have stopped smoking cigarettes have lower death rates from smoklng- related diseases that those who continue to smoke," Dr. > Charles C. Edwards, HEW assistant secretary for health said in a preface to the report, sent to Congress Thursday and made public Friday. He cited "substantial changes" in American smoking habits since release of the first scientific evidence linking cigarette smoking to health problems. The first surgeon general's report was dated Jan. 11,1964. "As a result of the continuing growth of scientific evidence on i^iing and the educational programs to disseminate this j$ knowledge, millions of people jijjhave stopped smoking, and millions of others who would otherwise have taken up smoking have not done so," " Edwards wrote. The Tobacco Institute, an (See SMOKING, Page 2A.) School Board Urges Teacher Settlement BY KEN RETHERFORD City Editor In a terse, one sentence statement, the Bay County School Board Friday "implored" the Association of Bay County Educators to continue contract negotiations. The statement came after the board went into executive session with the negotiators with hopes of comming up with an acceptable agreement before the new budget year begins July 1. School board representatives and ABCE negotiators have There's Mo re INDEX Abby 7A Classified 3-7B Comics 6-A Crossword 3B Deaths 2A Editorial 4A Society 7A Sports 1-2B Stocks 10A been meeting for the past two weeks in an attempt to come to agreement on over 100 pages of negotiable items. It was . speculated that Friday's meeting would close with the announcement that an agreement had been reached, but apparent last minute changes forced the negotiating teams back into session. The meeting was a special session called for the purpose of discussing zoning changes for the area high schools. A committee comprised of parents representing Bay Mosley and Rutherford Highs appeared before the board and Curtis Jackson, school superin- tendant, charged them with the task of returning to the board with proposals for grade structures and zoning proposals for the 1975-76 school year. The meeting came about when parents appeared before the board at an earlier session expressing fears that Bay High would loose honors courses because of the drop in school enrollment. Jackson explained he could not endorse a zoning change for the forthcoming school year as Bay High is in need of repairs. The older portions of the building could not house classrooms while the repairs are underway, he explained. Mike Hill, representing Hansen Lew^s, the architect hired to study renovations at Bay High, said the original building only needs minor work to be put in good order. However, an addition to the original building, built in 1940, needs extensive work and he suggested the board consider demolishing this section to make the work feasible. Hill noted the only thing that might cause the project to take more than six months would be the availability of materials. Jackson said student projections for the school system have fallen short of the actual num- (See BOARD, Page M.) WEATHER Forecast — Partly cloudy today with northerly winds seven to 15 miles per hour. High today in the mid 80s. Low in the mid 60s. TIDES Panama City: High, 7:24 a.m.; low, 6:39 p.m. Port St. Joe: High, 8:43 a.m.; low, 7:32 p.m; Apalachicola: High, 11:21 a.m.; low, 8:39 p.m. Sunrise, 5:42 a.m. Sunset, 7:44p.m. RIVER READINGS Jim Woodruff Dam, 44.5. Blountstown River Landing, 5.5 Open gulf temperature, near 77. I

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