Logansport Pharos-Tribune from Logansport, Indiana on June 12, 1962 · Page 8
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Logansport Pharos-Tribune from Logansport, Indiana · Page 8

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Logansport, Indiana
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Tuesday, June 12, 1962
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Page 8
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Eight Logansport, Indiana, Pharos-Tribune 'Speed and Safety' Resolution 'Dead' DETROIT ('UPI)-The auto industry's "speed and safety" resolution, adopted in 1957 to stop the horsepower race and silence congressional critics, is dead. Congress immediately promised to investigate. Rep. Oren Harris, D-Ark., said the House health and safety subcommittee intends as soon as possible to find why the industry is abandoning the resolution. The Ford Motor Co. applied the coup de grace Monday. Board Chairman Henry Ford II announced he was withdrawing support of the industry's anti-racing document -because it had been broken so often it no longer meant anything. Chrysler followed suit but blamed its course on Ford. "The express withdrawal from the resolution by one of our major competitors makes the Automobile Manufacturers Association resolution inoperative as we now see it," Chrysler said. GM Studies Move General Motors, whose Ponliac division was said to be one of the chief racing violators, continued its formal endorsement of the resolution while taking time to evaluate the Ford action. Studebaker also studied the Ford move. But President ijher- wood Egbert announced plans in April to "give the people all the horsepower they want" and proved it be bringing out a new 171-mile-an-hour sports car, the Avanti. Egbert believes the rest of the industry has been "two-faced" by pretending to follow the-letter of the AMA ban. After Ford was told in a UPI interview about the Egbert statement, h e decided to make public his position. Winning Sells Cars 'We want to win races," he said, because "we know winning races sells cars." He said racing also helps improve passenger cars because you can learn things about durability and safety at a race track that you can't learn in months at an engineering lab. Ford said the industry tried very hard to live with the AMA policy which banned factory participation in races or the use of performance-oriented ads to sell cars. The policy was to stress, instead, safety features in cars. But Ford said that as time passed "some car divisions, including our own, interpreted the resolution more and more freely, with the result that increasing emphasis was placed on speed, horsepower and racing. "As a result, Ford Motor Co. feels that the resolution has come to have neither purpose nor effect. Accordingly, we have notified the AMA that we feel we can better establish our own standards of conduct with respect to the matter in which the performance of our vehicles is to be promoted and advertised." the ance Two Cars Collide- Six Dead CADOTT, Was. (UPI)- "Don't worry Mom. We'll be all right." James Richards, 17, said good- by to his mother Sunday night before joining five other teenagers for a moonlight swimming party. Less than one hour later young Richards and four of the other five youths lay dead in the twisted wreckage of a 1962 model car. An elderly Cadott construction worker also died in the crash. The sixth youth died hours later at a nearby hospital. It was the third worst automobile accident in Wisconsin his- story. "He'd just won his letter for wrestling. You don't often do that as a freshman," his grieving mother, Mrs. La Vern Richards said. "He even won a national youth fitness award." The other youths killed were Jack Roberts, 17, Cadott, the driver of the car; Knute Nelson, 16, Cornell; Valentine Rubenzer, 16, Cadott; Juanita Ankney, 16, Cadott, and Linda Emerson, 17, Cadott. Otto Iverson, 51, Cadott, was alone in the other car returning from a visit with his son, William, in Bruce. The cars met'on a slight grade five miles north of here. Little was left of the cars except wreckage and no survivors were around to tell just how the accident happened. PONDER CUTS IN FOREIGN AID TO STOP GOLD FLOW WASHINGTON (UPI) - The House Foreign Affairs Committee has scoffed at claims that big cuts in foreign aid would help stop the flow of U.S. dollars abroad. • The committee said most foreign aid money is spent in the United States. Besides, it said, "It is more important to win the cold war, in which foreign aid is of crucial importance, than to seek to reduce the outflow of gold 'by excessive reductions in these expenditures, thus jeopardizing the basic objectives of our foreign aid program." The committee, in its formal report on the aid bill, said it recognized that foreign aid does contribute to the balance of payments problem, but said it is "not a decisive factor" in it. The gold loss has been constantly referred to in the past by Rep. Otto E. Passman, D-La., one of the chief foes of high aid spending. Other congressional news: AGVA—The Senate Rackets subcommittee summoned Penny Sin gleton, the "Blondie" of the movies, as the first witness in its investigation of the American Guild of Variety Artists CAGVA). She is a former president of the guild, which has been charged with sometime collusion with racketeer owners of nightspots. DAMAGES—The Senate Foreign Relations Committee opened hearings on two bills to repay the remainder of the Philippine war damage claims. One of the bills would provide payment to Burns Ditch Explained To Rotary Robert Schram, of Peru, vice chairman of the Indiana Port Commission, explained the Burns Ditch project to Logansport Rc- tarians Monday at their weekly meeting. The guest speaker told of the steps that have been taken on the project and the progress that has been made. Schram forecast an Indiana' seaport in the near future.- Jack Gray, who" received the Rotary $500 scholarship at the Logansport high school gradua tion last Wednesday, thanked all present for selecting him for thi honor. The local Rotary club has been giving scholarship for the past ten years. Chris Held received the friendship quarter from Rotarian Mar tin Bogg's. It was announced that no meeting will be held June 18 due to the installation party at the Country Club June 19. New officers to be installed are. Robert Kirkwood, president; Dick Cassidy, G. R. Runyon, secretary, and Robert Honick, treasurer. New board members are Rev. Irving, Phillips, Ed Busjahn and Ralph Johnson. Outgoing president is William Steinhilber. Committee, for the installatior party includes, Mr. and. Mrs. Tony Vesh, Mr. and Mrs. Carl Hassett, Mr. and Mrs. Ralph Johnson, Dr. and Mrs. Russell Eckert, Mr. and Mrs. Ray Simpson, Mr. and Mrs, William Sleinhilber, and Mr. and Mrs. Richard Casaidy. Visiting Rotarians were Einei Eck, and Joe Payne, botli of Peru and Walter Remley, of Craw- Fords ville. Guests were Paul Albrecta, Fort Wayne and Courtney Justice, Logansport. Preparing for Week's Meeting Raymond L. Anderson and Garland T. Brown, traveling minis ters representing the Watchtower Bible and Tract Society, of Brooklyn, arrived in Logansport today to advance plans for the assem bly of Jehovah's Witnesses to be held in the National Guard Arm ory, 912 S. Cicott St., June 15 to 17. Anderson, principal speaker for the three-day meet, arrived in Logansport 'after having address ed similar assemblies in the Chicago area. The week's special activity will open Tuesday at 7:30 p.m. when Mr. Anderson will speak at the Kingdom Hall, 325 Cliff Drive. Suspended WASHINGTON— The Securities and Exchange Commission suspended the broker-dealer registra tion of Brown, Barton & Engel ol Newark, N.J., for failure to try diligently to learn Ihe true value of securities it dealt in. At the same time, the Nations' Association of Securities Dealers expelled six firms, three in Washington, one in New York, one in Pittsburgh and one in Salt Lake City, for various irregularities. the individual claimants and the other would make a ?73 million lump payment to the Philippine government to settle the claims. Reprinted from The Indianapolis News—April Iff, 19t2 Power Hocus-Pocus Legal action in the public interest should be instituted to block' the sudden sleight of hand by which Indiana rural electric cooperatives expect now to bypass the Public Service Commission and build a $60 million federally- financed power plant near Petersburg. Apparently it was the strong and justified opposition of private taxpaying electric companies to Hoosier Energy Cooperative's petition to build the plant that caused that 17- member group to withdraw its case and pull a rabbit out of its hat. Hoosior Energy, which is a special group of the' parent Indiana Statewide Rural Electric Cooperative set up especially to promote and operate the proposed power plant, merely turns the job back to Statewide. And, since it just so happens that Statewide already holds a 25-year-old certificate to construct such a facility, it proposes to go right ahead and build without further petition. The little matter of the $60 million federal money to be used was no bother, because co-op officials had the Washington machinery well greased to obtain a transfer. The very co- operative administrator of REA has authorized the transfer forthwith. The people of Indiana stand affronted by this attempted trickery. Every consideration of logic should outlaw Statewide's 1937 unused franchise as dead because the organization failed to exercise it. Conditions of possible need that prevailed then no longer obtain. Free enterprise private utilities long since have expanded to fill in the gap of power requirements for both industrial and residential use in this state. The attempted shift in no way alters the basic issue of socialistic vs. investor-company power, of Washington invasion of private enterprise to stifle free competition. If what the co-ops are attempting to put over is not stopped, there will be no limit to their power to set up generating plants in all parts of.the state, to drive private utilities out of business. If the Public Service Commission does not nullify the ancient Statewide franchise, as it should, appeal must be taken to the courts to protecl; the public through a stop order. As this editorial makes crystal clear, not only the electric industry, but also every other business and industry—our entire system of Free Enterprise—is jeopardized by this action.. The electric companies appreciate the acHve support the newspapers and other citizens and taxpayers are offering against this obvious attempt to evdde public hearings on this vitally important issue. PUBLIC SERVICE COMPANY OF INDIANA, INC. Investor-Owned Electric Light and Power Company Shoots Sister's Boss, Executive Of Oil Company NEW YORK (UPD-Police said a hulking, 250-pound accountant Monday night shot and critically wounded his sister's boss, oil company executive Taylor S. Gay, for "fooling around" with her. Gay, 54, vice president of Phillips Petroleum Corp., was shot once in the side with a 25 caliber pistol as he sat in a telephone booth in the Hudson and Manhattan Railroad Terminal in lower .New York. Gay had accompanied his sec retary, .Mary Mullooly, 42, to the terminal after a dinner date.- She was waiting for a train to her home in Jersey City, N.J., when the gunman intervened, police said. Admits Shooting Gay and 'Miss Mullooly had dined at the Downtown Athletic Club and were driven to the terminal, which serves commuters riding the Hudson Tube trains between Manhattan and New Jersey points, in a chauffeur-driven rented limousine. Officers /said James Patrick Mullooly, 41, the secretary's brother, admitted the shooting. He, is employed by Great Lakes Carbon Corp. here as a traveling auditor. . "The .man needed killing," they quoted the 6-foot 5-inch auditor as Saying. "Somebody had to. kill him. I took it on myself. I just couldn't see a married man taking out a single girl." Separated From Wife Gay, who is reported to earn $90,000 a year and is a 192D graduate of Harvard, had been separated from his wife for about five years. He resides at The Creek, an exclusive club in Lo-' cust Valley, N.Y. He was listed in critical condition today following surgery at Beekman-Downtown Hospital in' Manhattan. Police said. Mullooly's gun jammed after the first shot, leaving six live shells unfired. His sister, who witnessed the shooting, wat treated for shock. Mullooly surrendered without a struggle, police said. DePauw Choir GHEENCASTLE, Ind. (UPI)— The DePauw University choir flew to New York today on the first leg of a five-week tour of Europe. The 40-vbice choir will sail on the Queen Mary Wednesday, ar- 'riving in England June 19 for the start of a 14-concert tour which includes appearances in England, Belgium, the Netherlands, Germany, Switzerland and France. State Board Cuts Appropriations The State Board of Tax Commissioners has approved only $2,082 of the'$22,171.02 in additional 'appropriations and transfers Of funds allowed by the county council on May 10, according to the official notice received by Auditor Raymond Beckley. Ralph Myers, of Francesville, Tuesday Evening, June 12,1962 field representative, had recommended approval of $3,361.02 of (he requests. However the board cut it further. Items rejected included $762.92 for repairs to a damaged voting machine and $130 for forms needed in the spring ""sessment. Read the Want Ads! Warns Business NEW HAVEN, Conn. (UPI) President Kennedy has warned business leaders that he woa't abandon his long range policies to allay current fears. He said in his Yale commencement address that budget deficits aren't necessarily bad and neither is big government. %• MONTGOMERY WARD 412 BROADWAY PHONE 4193 LOGANSPORT, IND. FATHER'S DAY— JUNE 17TH Crude Oil Import WASHINGTON- Interior Secre. lary Stewart L. Udall has ,in creased by more than 36,000 barrels a day the amount of crude and unfinished oils that may be imported in the second half of 1962. The action did not affect imports of residual oil. ONWABO GRANGE Members of Deacon Grange will meet at 8 /p.m. Wednesday at the, hall. Those attending are to take pie and a half-dozen sandwiches. In charge of the'program are: Mary Shanks, .Hannah Crockett, Bernice Davis and Veronica Plank, Glen Fouts and Garnet Gripe are to buy the surprise packages. SEEKS REELECTION INDIANAPOLIS (UPI)-Former Indiana 'Appellate Court Judge Wilbur A. Royse ,of Indianapolis has announced he will be a candidate for the Republican nomination for another term as judge at the June Ifl state convention. Royse served Ifl years on the court until after his defeat for a fifth four-year term in 1958. mnBn«Msniiimiiiii»^^ save! MEN'S REG. 2.98 WASH 'N' WEAR DRESS SHIRTS for Cool Brent short sleeve dress sfiirts of 100% combed cotton; Sanforized* for lasting fit. Choose spread or snap-tab collars in broadcloth, button-down oxfords, or spread collar in breezy open weaves. Rarely needs ironing to look handsome. White. 14-17. At Wards now! •Mox.ihrlnk. 1% BUTTON-&OWN SNAP-TAB Hugt group of Reddl-Tled Ties for dad .[Only »I MI. MEN' COOL BRENT WASH 'N' WEAR SPORT SHIRTS 2 98 Luxurious blend of 65% Dacron* Polyester— 35% combed cotton requires little or no ironing to look great. Permanent stays keep collar neat; short sleeves. Solid colors, iridescent* with embroidered motifs, woven plaids. S-M-L-XL; SATISFACTION GUARANTEED or your money back! EJ NO MONEY DOWN when you faujf on credit of Vfardi The name of the song is savings FORD DEALER SWING™ SPECIALS^ Swing a cool ..and the name of the car is FALCON! PRICE* •Manufacturer'* t<jOQ*at«ii i»!ail pilce for ft 6-cytlnder,_ 2-door itdtn. Includes heater, eoolant-anUfrflere, WhtU- walli. srat« and local tones, tfeitlnttton charges are arlta. Save to beat the band on America's swing- ingest, savingest compactl Choose from 14 lively models, each niftier than the next. Save with an improved version of the Six that holds the Mobil Economy Run all-time record for Sixes and Eights. Save with our jazzy deal, too( JOHNSON FORD SALES, INC. F.O.AJv. Market at 25th Logansport, Indiana Phono S103 - 5104 ONLY YOUR FORD DEALER USED CARS AND TRUCKS

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