Sunday Gazette-Mail from Charleston, West Virginia on August 20, 1972 · Page 13
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Sunday Gazette-Mail from Charleston, West Virginia · Page 13

Charleston, West Virginia
Issue Date:
Sunday, August 20, 1972
Page 13
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Page 13 article text (OCR)

13A--Aufurt 20,1972 PRICES Sunday CoMttfrM«tf QMrMMn, W«t - ' Doing Everything Possible, Rumsfeld Says : ··; ...V , \ ; '···'· By'BiB fieikirtt , · . · / ' · , · Washington (AP)-Donald Rumsfeld, director of the Cost of , 'Living Council, says the Nixon administration has done "everything that's humanly possible" in trying to moderate the rise in food price*. ; In an interview with The Associated Press, Rumsfeld predicted some moderating of food prices "in the coming period," but he said he doubted there would be any substantial reduction in retail meat; prices because of world demand. Noting President Nixon's action to impose tighter controls on food and increase the supply in the United States, Rurnsfield said there are other possible · actions, all of which are unde- ,,. sirable because "the disadvantages are greater, than the advantages." He also said Sargent Shriver, Democratic vice presidential nominee, is "bouncing .around -the country telling people their wages are frozen. I don't know' what foreign country he's been visiting lately, but wages haven't been frozen in this coun- r try since Nov. 13, 1971, when the freeze ended." " ' * ' · * * QUESTIONS and answers: Q. The~Democrats are going to make a big campaign issue out of the control system, arguing that it is unfair. Are you going to try to counter that charge, and if so, how? A. I don't know that they are DONALD RUMSFELD Everything Possible going to make a big issue out of it as you say. Maybe they will, maybe they won!t. They haven't done it yet . . .Because for the most part, the Democratic economists have been supportive, particularly in recent testimony before the Joint Economic Committee. But, in answer to your ques- , , . tion as to whether we would «nal deoslon?. counter the issue if there is a big issue about it, it seems to me the economic evidence is the best response. There's not a shred of economic evidence to support the contention that there's any sort of imbalance between decisions of the Pay Board and the Price Commission. There is not a shred of economic evidence to support the contention 'that the wage rules are tight and the price rules loose. In point of fact, real earnings are improving. Q. Has the Cost of Living Council completed now most of the job or decontrolling the economy, or, as you've been calling it, focuitag the enforcement effort on the larger economic units.? A. I don't personally envision in the period ahead any major alteration in the system. It's working, it's in place, it is helping to move toward the goals. There is clearly a lag between when the economic situation im proves and when people actually feel it. The demagogue today can clearly have a field day; he can say, "Kenny Penny, the sky is falling, the sky is falling" when in point of fact the sky is not. But people might, at least for a point of tfane r be inclined to wonder whether the sky is falling, A., because the demagogue says so, and B., because moderating, trend in terms of it takes a while to sense a their expectations about inflation, measured by their actual behavior, in my judgment. Q. Is anything else .planned in the area of food? Any tighter controls or have yon exhausted all the possibilities? A., For literally months we have ;been.. at it. We've developed a list of all the possible you could do in the world. And no matter how many antes you go over that list, you teep coming back to the reality --and that is,' that the control system is not capable of increasing the supply of food, meat, vegetables, fruit whatever. Nor is it capable of making reduction in the 'rate of increase. Q. If the President Is re-elected, do yon think there'll be wage-and-prlce c o n t r * 11 thnMgfcoot his second four- year term? A. That I would doubt. . Q. If then is · lifting of controls, do you see what we had prior to the freeze, a free »ark« economy, possibly with some form of income* policy te which yon do the things that you're doing with the automakers now, trying to get them to cnt prices voluntarily? the question first. Our meeting with the automakers is different from what has been done during previous period* when there see that they are not "inflation- was not a wage-price control system. Q. How? analogy between discussions control situation and discussions during the present period, : think, is difficult. - Q. You . mean yon have a little more power to back up what you .want to achieve? A. Yes. It's a very different situation. But, you're asking ii there is a likelihood of a return to the prefreeze days. Those are questions we are · obviously thinking about. Even though it's been a year since the freeze, we've only had about seven or eight months evidence since the control system was placed on on Nov. 13. It is too early to make Q You've mentioned the lag between the time that the rate of inflation actually declines and the public actually senses it. Do yon feel the public Is sensing now a decline in the rate of inflation so that yon are approaching the point that you can safely lift the controls? A. I don't want to leave the impression that the job is complete. I do not see any change in the control system in the immediate period ahead of the kind you're talking about. As far as people's expectations are concerned, we have three things we are dealing with. First, 1 would say that with respect to the economic numbers, it's rather clear that the rate of in crease in the cost of living has come down. It's also a fact, it seems to me, if one looks at the polls, when asked, people say that in their personal view the rate of increase in the cost of living has not come down now, That's in conflict with the facts, But if one looks at their behavior, their behavior has been such, both in terms of wage demands, borrowing, spending, and die 'like it appears that there is a high degree of confidence in the economy, a high degree of confidence in job security. There appears to be a A. Let me answer that part of people want, less food. It's a supply and demand situation. The controls can be constructive and helpful at the margin, to ary" price increases being passed on. And, for the most part, they are not. There's no one A. Any attempt to draw an enemy. We'd love to be able to find an enemy that we could go during a nondirect wage-price out and slay. Girl, 19, Pays Traffic Fine With 2,500 'Sweet' Pennies ROCHESTER, . Minn.-«l-A paper bag containing 2,500 pennies and a sticky substance, apparently honey, did not impress Judge Robert Neseth as a sweet way of paying a fine. The Olmsted County judge directed that Lori Schroeder, 19, meet with him sometime this week. The judge said he wants to know why Miss Schroeder "affronted the court." A highway patrol summons had accused Miss Schroeder of failing to wear corrective eyeglasses while driving, as required by her driver's license. Judge Neseth fined her $25 Friday. Miss Schroeder complained to deputy court clerks that she could not raise the money and that the judge had not given her the option of a jail term. However, she returned to the clerk's office-later Friday with a grocery sack full of pennies. The sack also contained a sticky ·ubstance which Deputy Clerk Tlmpthy Burton said smelted like honey. In directing that Miss Schroeder meet with him, Judge Neseth said he almost certainly will ask her to exchange the coins for currency. Meanwhile, Burton had shown no eagerness to count the sticky pennies and determine whether the bag contained exactly 2,500 of them. WVU Opens 106th Year Wednesday MORGANTOWN-First. s e- mester c l a s s e s will begin Wednesday as West Virginia University enters its 106th academic year. General registration will be he!d Monday and Tuesday. Freshmen orintation sessions are scheduled Sunday through Tuesday., with registration for freshmen on Tuesday. First semester classes end Dec. 8 and final examinations will be completed by Dec. 16. There will be a Labor Day recess on Sept. 4 and a Thanksgiving recess from Nov. 22 through Nov. 26. Christmas recess will be from Dec. 1? through Jan. 7. OPEN SUNDAY, AUG. 20,1 TO 7 P.M. WHY WAIT? USCYOUK ·ANK AKEftlCAMO MASTER Wru/e Quantities Latt PRINT SPORT SHIRTS Jt«g.4.445vn.AMon. No-iron polyester/ 4 cotton shirts . ^ Two-button cuff. S-M-L-XL. Save. GIRLS' FASHION BOOTS Keg. 5.97 Svn. tt Moit. The new look in girls fashion boots, leather like vinyl uppers with gold ornament black whit* sizes 8-12, PRETTY ROBES Ow ft«g. 5.00 Sun. I Mon. Fluffy brushed or puffy quilted robes in nylon, acetate or acetate/nylon, Kodel* polyester fiber fill; Lacy, frilly trims on flower pastels. Zip fronts and button fronts. Patch pockets and side pockets. Sizes 10-18. . Ktg. T.M. 12-QT.CORNPOT Reg. 2.96-Sun A/Hon Easy to clean porcelain enamel pot. Cooks corn, stews, sea food and soup. Charge it. CLEANER Fantastik* all-purpose house-hold cleaner in spray-gun bottle. FASHION BLINDER Our ff*g. 1.97 7 57 Sun. A Mon. 3-ring binder with fashion cover, 150 sheets of paper, 8 pockets, dictionary Terrific Value! 3 SPEED FAN ga KG. 14.96 SUN* MON. P-23 Great way to keep your cool! Breezy 20" fan, with aluminum propellers, features seafoam enameled metal case with carrying handles, plastic guards. Charge it. 2 5-FT. FOIL Reg.* 23« 16 Reg. 1.23 ' Wtft .L«**'..*t»* J VISING* s* HAIR SPRAY 9-OZ.* ARRID® Reg. 1.27 97 Reg. 94« DIAPERS 7* TAMPAX*40'S Reg. 1.52 Save on aluminum foil in a 12"x25' size roll. Soothes and comforts 13 oz.* regular or extra Arrio* Extra Dry* anti- irritated eyes. Vi fl. oz. hold spray. Limit 2. perspirant spray. Save! ·Nttwtight *N«t wight 24 newborn, 18 regular Box of 40. Regular or or!4toddler.Disposable. super tampons. Limit 2. v-*-\V 'ft ZBCO -- r nuivi ^^^ Kodak 9* 3-PC. SAUCE PAN SET 1.17 Reg. 1.47 Svn. Mon. Includes 1 /, 1, 1-H -qt. enameLware pans. White, avocado or yellow. NOW 2 CONVENIENT LOCATIONS IN CHARLESTON ROD 'N REEL Reg. Spinning reel with 10- Ib. line. Fiberglass rod. 126/12 FILM 9'/2" GAME BALLS Reg. Oy * f G.78« 124 ^ G* rOORCHOICf ^p,^, film fo k r instnt" loal £ dy ^ b °" s deocr ^ in "^ AMERICAN" R^/whito/ 6 5 3 1 MocCORKLE AVENUE S.E. CHARLESTON, WEST VA. 1701 FOURTH AVENUE PATRICK STREET PiAZA

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