Sunday Gazette-Mail from Charleston, West Virginia on June 23, 1974 · Page 7
Get access to this page with a Free Trial
Click to view larger version
June 23, 1974

Sunday Gazette-Mail from Charleston, West Virginia · Page 7

Publication:
Location:
Charleston, West Virginia
Issue Date:
Sunday, June 23, 1974
Page:
Page 7
Cancel
Start Free Trial

Page 7 article text (OCR)

tA Jim* 23,1974 O*U fro* KHQiKA!. JttAJHfS StKllKt ttOM. tf-S. ifc**. * Ccwwwtce FORECAST Ftgufvi SHow High E*p«ted for Ooytimc Sunday Isvlatod Precipitation Not Indicated-- Cosiull Local Foiecait Cooler weather is forecast for most of theeouatrv today. Precipitation is expected in scattered areas. (AP Wirephoto) Prices, Then Wages Keep Spiral Going jay «*****( tte art *4d Secret ftotiow jpre$iflk*uai orders The Weather Sunday, June 23, 1974 Sunrise ,. 4:03 a.m. Sunset '. 8:M p.m. / FORECASTS Zones 1-2: Mostly cloudy with a chance ul showers. Highs in tne low to mid 70s. Lows in the 60s. ' Zones 5-8: Mostly cloudy with chance ot showers. Highs in the mid to upper 70s. Lows in the 60s. . Zones 3-4 (Charleston): Mostly cloudy with chance ot showers Highs in the low to mid 70s. Lows in the mid 60s. Zones 6-7 Mostly cloudy with showers. Highs in the 60s to low 70s. Lows in the low 60s Zone 9: Mostly cloudy with chance ol showers. Highs in the low to mid 80s Lows in the mid to upper 60s. W E S T V I R G I N I A - Cloudy w i t h showers or thundershowers likely. Highs in the 70s to near 80. Lows in the 60s. VIRGINIA - Cloudy with rain likely. Highs in the 70s. and low 80s. Lows in the 60s to around 70. OHIO -- Chance of Showers . Highs in the 60s. Lows 40 to 50. KENTUCKY - Clear and cooler. Highs in the 70s. Lows in the 60s. W E S T E R N P E N N S Y L V A N I A Mostly cloudy and cool with chance of showers. Highs in the upper 30 to the40s. Lows in the upper 30s to 40s. SATURDAY'S HUMIDITIES 5 am 87 .lla.m 84 5 p.m 69 SATURDAY'S WIND Highest 16 mph trom SW at 5:20 p.m. TEMPERATURES Saturday's high 80 Saturday's low 69 Record high for June 22 was 100 set in 1929 Record low tor June 22 was 44 set in 1963 PRECIPITATION 24-hour precipitation as of 8 p.in. ...0.67 total tor the month of June 3.45 Total for the year 24.29 "It has been magnified;" he said, "by the unwillingness of Congress to provide an orderly transition" from controls back to free bargaining. The administration, no less than business and labor and Congress, wanted controls ended generally on April 30, but asked that they beextended in two sectors of the economy. One was health, the other construction. Congress refused. The remaining wage-controllers at the Cost of Living Council think that wages will go up on average 10 per cent this year, or half again as much as they went up last year. "That has to show up somewhere," an aide to Dunlop said. "Either prices have to go up or profits come down. Which way will depend on demand." If demand is rising and the economy recovers briskly, business will be able to pass along its rising labor costs in higher prices. Other- From Page One Tie Seen in Rebozo Gift, Hotel Decision Coal "' In 1968. the antitrust divi- ·sion warned the Hughes organization, which then controlled four such hotels, that it -i would consider any additions to Hughes' Las Vegas holdings · .to be a violation of Section 7 -'·of the Clayton Antitrust Act '.'. because it would increase ; 'Hughes' share of resort hotel "· rooms in Las Vegas to beyond 1. the percentages of market · control allowed by the depart- '1 rrient's merger guidelines. ;. Hughes was subsequently · permitted to buy a fifth hotel, 1 The Landmark, under the so-called "failing company doc- Itr'ine." This permits acquisitions that would otherwise ' violate antitrust guidelines 'where the only alternative for tlie acquired property is financial collapse. , In late 1969, it became possible for Hughes to seek to pur- . chase The Dunes, too. The re- ' ·/port says that at that time some people thought he want; ed "to buy up all of Las Ve- · gas." · · Maheu was dismissed by . Hughes at the end of 1970 and ' inow suing him for libel over .!. the billionaire's charge that " his former aide "stole me blind." Maheu has testified .' that Hughes, wary'of further ". direct dealings with the anti- · trust divison, had told him to v send Danner to seek approval ·"for the Dunes directly from 'Mitchell. * * * PANNER.A long-time friend of both Nixon and Rebo- zo,. first met Mitchell while .. serving as an aide in the .1968 Nixon presidential campaign, ·the report .said. ';' Danner, then the manager ; "of the Hughes-owned Frontier Hotel in Las Vegas, now heads ; the Sands Hotel, also a part of · the Hughes chain. He told the T committee that he had three meetings with Mitchell, in - J a n u a r y , February a n d : March, 1970. " · Mitchell, the report says, · testified that he recalled only 7 one meeting with Danner and ; antitrust division officials in the summer of 1970 and . "remembers almost nothing · about the Dunes" case. But · fogs of his appointments ob- · tained by the committee staff support Danner's recollection .of the three meetings, all of which appear to have been attended only by Mitchell and : Danner, the report says. The argument for this pur- . chase that Danner put to Mitchell entailed expanding the definition of the relevant "market" as it applied to From Page One Hughes. Instead of all resort hotel rooms in Las Vegas, the market, under the Danner plan, would include either all hotel and motel rooms in that city, or all guests rooms in the state of Nevada. Had the Justice Department adopted either of these alternatives according to the staff report, the action would have permitted Hughes' acquisition of the Dunes without violating the merger guidelines. According to Danner's testimony, at the meeting in January Mitchell asked him for statistics on the concentration of hotel rooms in Las Vegas. The statistics were produced at a meeting Feb. 26, along with the proposed redefini- tions of the Las Vegas hotel "market", the report said. In early March, Mitchell telephoned Danner and asked to see him when next in Washington, and the two men set March 19, according to Danner. At that time, he said, Mitchell told him, "from our review of these figures, we see no problem. Why don't you . go ahead with the negotiations (for the Dunes)?" The negotiations between the Hughes interests and The Dunes' owners progressed until May, 1970, when, for financial reasons, they collapsed. * * * THE COMMITTEE staff reported that, although the statistical memorandum provided by Danner had been found in the antitrust division's file on the Dunes case, there was no indication how it had got there. "Significantly," the report continues, "there is no record of the Danner-Mitchell meetings, which no one else attended, in the file on The Dunes. "Further, none of the antitrust division lawyers who knew or might have known about the case has any recollection of meeting with Danner on the Dunes, and none of them ever learned of the Danner-Mitchell meetings." In addition, McLaren testified that he first learned of Hughes' wish to take over The Dunes in early March, 1970, "WANT ADS GET RESULTS! TRY ONE and you'll see. Just call 3J8-48J8 and let one of our friendly Advisors help you word your result-getting 3d! two months after Danner has said he first raised the possibility in the attorney general's office. Mitchell told him, McLaren recalled for the committee staff, that Nevada's governor, Paul Laxalt, was urging the Justice Department's approval of the takeover on the ground that The Dunes was owned by gangsters and that Hughes would "clean it up.." Firemen Douse Tree Fire It was the Charleston Fire Department to the resuce Saturday when lightning set fire to a tree at 1583 Washington St. E. Mrs. Frances Aide, who lives at the address, said the tree caught fire for a moment Wiles added: "It's strange that the same Miller (UMW President Arnold Miller) group was in force a year ago at this time and they never had cause to have this interpretation until this year." from Page One wise, it is profits that will suffer. »· WHAT THE government's inflation-fighters fear is that business and labor will start playing leapfrog. Wages will jump over prices, then prices over wages again in a game no one can win because there is no finish line. They also fear that labor unions will start playing leapfrog among themselves, racing to keep up with or outdo each other. This happened last in the late 1960s and early 1970s, most virulently in construction. The average first-year wage increase provided for in all the major labor contracts signed in 1970, for example was 11.9 per cent, and the average in construction was 17.6 per cent. The construction settlements, by their example, helped pull others up. NOW, HOWEVER, settle ments are skyrocketing. Dunlop noted ruefully this week that some California pipefit- ters had just won a raise of $2.37 an hour or close to 19 per cent. Some California plumbers got themselves 15.6 per cent just after controls ended. - East aod Gulf coast longshore contracts expire id September, and most of the nation's railroad contracts, involving 500,000 workers, n December. The biggest of the railroad unions in asking for 20 per cent next Jan. 1 plus eost-of- living protection and another 15 per cent Jan. 1,1S76. Labor's defenders say the issue is not just fairness, but sustaining demand. If purchasing power declines because of inflation, demand and production will fall, and jobs will follow. That way lies recession. Yet the other way lies more inflation. "Where do you break into the loop?" an aide to Dunlop asks. Ajpaerkaosr thai those given to Congress ia 1922. "ITs a material change," J?cksoo added. "It's not a matter of talking about fiveor . 10 missiles." He said "we were led to believe there would be good consultation with the Congress" but that the administration failed to give the information about the changed missile levels. » THE KALBS portray a pattern of bureaucratic infighting from the day the war began, Saturday, Oct. 6, to the following Saturday, when the American resupply program started in earnest. The Kalbs depict Kissinger as calling or seeing Israeli diplomats on a daily basis and telling them that President Nixon had given the order to resupply Israel. Then, they , retuaried Saturday that "there is a difference betweea dragging your heels and having your shoes nailed to the floor by aa- tioeal policy." Kissinger also reacted Saturday in an interview, saying "There were occasional differences in emphasis between the defense secretary and myself, but not a basic clash." He added that "the differences were in tempo and nuance, but not in basic policy." The authors say the Pentagon chief and his top deputy, William P. Clements Jr., a Texas drilling contractor, delayed at a time Israel was reeling from the Arab attack. hoping to avoid further U.S. alienation of the Arab states. ThP Kalbs say tiiur book is oaseU on ir.tr "lews with the major participants. ASKED IF the stoppage of the stockpiled coal would cause industry reductions, Wiles said it would be difficult to generalize on all coal-use industries. "Basically you have customer agreements," he said. "You have agreements to supply x amount of coal. Then you have this. It certainly is going to pose some problems for those businesses." "And when the miners come back to work, you've got all this coal you've got to load and move out before you can produce any more coal," he said. The stoppage also will cause a further tie-up of coal cars, which are already in short supply, he said. The railroads had the cars ready now, but two weeks from now it won't be the same, he said. "It just fouls things up all the way around," Wiles said in disgust, "and there isn't any use for it." There are several more major settlements still to come this year. The telephone industry must settle this summer with about 650,000 workers. The aerospace industry must settle with 85,000 this fall, the coal industry with 80,000 in November. The From Page One No fund that U. S. officials say could be used for rehabilitation in Syria. Israel has depended heavily in the last decade on U. S. military and economic aid. Virtually isolated even by former Western friends, Israel depended on a massive supply of Phantom jets and other American gear to defend itself last October. Some U. S. officials say privately that the Jewish state was running out of ammunition and w o u l d have sue- WHEN IS A HOUSE YOUR HOME? When you've^done it the Saving Way^--the DOWN-PAYMENT, that is--then it feels just like home! How do you get that good feeling? By raising that $4,000 down-payment on the $40,000 dream home, that's how! Here's how to raise it. A $20 WEEKLY DEPOSIT in a 5V4% Regular Passbook Savings Account at FIRST FEDERAL SAVINGS will net you over $4,420 in FOUR YEARS.* * by the accumulation of interest which is compounded daily and assuming no withdrawals. WHEN IS A HOUSE YOUR HOME? When you^do it the Saving Way JV-the FIRST FEDERAL SAVINGS way! Drive on down town and you'll have: M»Dott t after it was struck by lightn- f t XTXT ^ TTXT/ ^-, A , T -, ll . Tmc , 1 cum bed without the American alter it was sirucn uy ugiiui- r . v T X T ~TTXT/-m*/iTTMmcO ing during a heavy rainstorm [ANNOUNCEMENTS] Saturday afternoon. "My neighbor got excited and 1-Cord if Thoaki called the fire department and JACKSON, WILLIAM P: ;r TM . ,, · j We wish to thank everyone who was so they Came OVer, Sne SaiU. . thoughtful in our time of great sorrow. We Mrs Aide Said the tree Was appreciate all the beautiful flowers, food mrs,. Aiue adiu uic ucc and |oye|y car(U A speda| thanks JQ )hg 5 1 - y e a r S - O l d . It had been doctors and nurses at Charleston Memo- t»lont-oH hv hor aunt when she rial,.Fidieri Frame Funeral Home, Rev. planted oy ner auni wnen sne pau| patton Rey Royd CottreM Wife Georgia and children, Reba, Betty, Billy. Tom and Janet. TAYLOR, Frank Ledson Jr. "NOW, I gUeSS 1 m going 10 we wish to express our appreciation for the V,QVO tr. romrwp thp rrpp The beautiful flowers, cards and food during have to remove tne iree. me |he death 0( our be | OV e d husband and lightning Splintered it and father, Frank Ledson Ta'y[or Jr., Special threw junk all over the place. JlJ^^g*; f TMh h " I'm really hurt about it." efficient service. And all the family. moved into the house from her home at Boomer. airlift. While touring the Middle East earlier this month, Nixon promised Egyptian President Anwar Sadat an Amer- c i a n . n u c l e a r reactor for development of atomic energy' for peaceful uses. He then made a similar pledge to Israel, but several members of Congress expressed alarm. An Egyptian technical team was here this week to draw up a contract to be signed by June 30 for the nuclear assistance. rifywSJ AAVMRKINGLOT On LIE above COT US On QUMRIER opposite SPORTS MART MAXIMUM SAVINGS RATES AVAILABLE A LITTLE HIGHER THAN BANK RATES MOVING OUT SALE ^ Corvus312 $79.95 Corvus322M 99.95 Mark IX 99.95 Unicom 202SR 199.50 JCE Super "D" 109.95 ' Citizen 800R 119.95 Pocketronic printer (used! 149.95 TI-2510 Reg. $59.95 TEXAS INSTRUMEN 7MBW m-m msit mClHATOR SALES AND SERVICE 1 610Vfl.it. l«t Ph^f 343-5051 Think FIRST when money - mutters Phont: 343-5505 231 MALI ST. AND LOAM ASSOCIATION notn tired tavta little NAaiRALIZER SHOE SALE SUMMER fittta \\orld Wife NATURALJZER Sale $69.95 79.95 79.95 149.95 79.95 89.95 99.95 Mf.tt $59.95 MS 74.95 99.95 14.95

Get full access with a Free Trial

Start Free Trial

What members have found on this page