The Boston Globe from Boston, Massachusetts · 15

15 Wo Sense9 Dropping Tax Credit Blough Blames Economic Ills on LBJ NEW YORK (AP) Ilofjf r po?n afLer President Johnson made it. on Sfpt 8, Jilough fired another blast at the plan at the 50th anniversary world convocation of the National Industrial Conference Board here. "To discourage- capitul investment, to retard the growth and efficiency of production, and to weaken the competitive capacity of American industry on one hand," he said, "while enacting minimum wage legislation that will tend ... to increase production costs and prices, on the other, just doesn't make investment which represents year would represent undreamed of affluence." "So although they are classified as 'poor' by government those with the best intentions; for many times those who need the super-productiveness of the market system the most seem to understand it the least." As for capitalism in general. Plough said it has performed only a very .small portion of Blough, chairman of the U.S. Steel Corp., today put. the the G.N.P. (gross national product) as the big coal in the fire that is causing the overheating that now disturbs us, doesn't make sense either," Blough said. Blough pointed to the poverty program as one elTort on which the administration was spending too much too fast. While declaring that he deplored the fact several million Americans are earning less than $3000 a year, Blough said that "to more than half the major hlame lor the over definition," he said, 'it does not heating of the economy on Administration programs nnrl mean those American families are hungry, homeless or un- sharply criticized President clothcfi. In l act, census data extremely well m comparison show that three out of fouriwith communism, hut whether of the so-called poor own a it can survive government in-lelcvision set and the same lor ference is another question, number own a washing ma-iAlready, he said, it "is b?gin- Johnson for trying to cool it by cutting tax incentives to business. Blough said that the President's proposal that Congress suspend for Hi months the 7 percent tax credit for new plants and equipment "just doesn't make sense." chirie . . ." rung to show the furrowed lines of worry over welfarism and to reveal the effects of a considerable amount of plaslic surgery performed on it by government." "Strong as our system is 2nd great, as its' accomplish-nonts have been in the past ii is not. impregnable," he said. 'It can be engulfed, even by One of leaders to the first condemn business the pro- sense families on earth today an in- "And to single out private I come equivalent to $3000 a The Boston Globe Monday, September 19. lDfifi ,' , n i r K ' 4 ' v kl ejt? , v,; .T-ri, ... . -..... -, -. M,;.J.... .... i" ,. -.T-., . SOPHOMORE CONVOCATION Ceremony at St. Ignatius Church, Chest-nut Hill as the Class of 1969 at Boston College School of Nursing received their caps the traditional beginning of their professional studies. (Globe photo by Bill Brett) Lowell Tech Refuses 1000 Due to Space Applications of more than 1000 Massachusetts students for admission to Lowell Technical Institute had to be refused this Fall because of lack of facilities, it was revealed today by Martin J. Lydon, president of the school. Lydon, who welcomed 875 freshmen to the college at a convocation marking its 71st year, said the Commonwealth must provide more funds for the advanced education of its youth. "It is most regrettable that even one student be turned away because of a lack of classrooms at a time when a college degree is so vital success in industry," he said. "Lowell Tech is providing a type of education for which industry is clamoring. The Everett Man Tells Meeting With Hanley George P. Norwood st. member of Regulatory Govostes of 73 Everett, former the Small Loans Board, took the public hearing in November of troduced by Hanley to a third 19R2 on small loans interest defendant, francis Glynn, at rates. The witness said he was in- members of last year's gradu ating class command $8000 average annual salary, so it is not economically sensible to deprive our young men and women of the opportunity to prepare themselves for opportunities of this nature" he said. Students from 35 countries and 28 statts were among the 2400 who reported for the first day of classes. stand this morning as the small loans trial entered its 10th week. Testifying before Judge Francis J. Quirico and a Suffolk Court jury, Govostes said he works as a pipefitter and was appointed by Gov. Volpe as labor representative on the board in 1961. He recalled meeting Morris Garfinkle, a defendant in the trial, when they were sworn in together as board members. Govostes could not remem ber where he met Martin J. Hanley, former deputy bank ing commissioner, who is also a defendant, but he did recall that Hanley attended several board meetings prior to the Couple Plead Guilty in $55,000 Theft the State House. He said it was chance meeting. Roslindale Men Deny Loan Charges Two Roslindale men arrest ed in connection with alleged loan shark activities pleaded innocent today in Suffolk Su perior Court. John L. Brodenck, 30, of Neponset av., and Vincenl Marino, 30, of Averton st were secretly indicted last week on charges of violating the small loans act and conspiracy. Chief Justice G. Joseph Tauro set $10,000 bail on each man, but reduced Marino's bond to $5000 when Marino said he was to be married six weeks. Trial date was set at Oct. in 13. Rath Honors Pair For Long Service Two Boston employees of the Rath Packing Co. were presented with 25-year service awards by sales manager Glen W. Coleman. The awards went to Charles E. Brueck of 51-10 Garden cir., Waltham, and F. S Gerber of 72 Rockingham av., Lowell. The Boston area recipients are among 272 Rath employees from coast to coast to receive gold Indianhead pins. per annum o PAYABLE SIX MONTHS FROM DATE OF OPENING on savings certificate accounts ($1,000 multiples) MINIMUM PERIOD, SIX MONTHS NO SPECIAL NOTICE REQUIRED FOR WITHDRAWAL NOT SUBJECT TO MASS. STATE INCOME TAX L..,-AV1..- ... . J i A Peabody husband and wife, indicted for the larceny of $55,000 from a Chelsea firm, pleaded guilty before Chief Justice G. Joseph Tauro in Suffolk Superior Court today. The judge continued the case to Nov. 8 after defense counsel Joseph Marino said the defendants, Mr. and Mrs. Samuel I. Greene, both 30, of Dartmouth St., hoped to make restitution of $25,000 within 30 days. Marino said his clients, the parents of three children, hope to return another $5000 by year's end. Greene and his wife, Gloria, were charged with the larceny of checks from I. Solomon Co., and I. J. Nichol Co., both of 2d st., Chelsea. The thefts took place between November 1964, and January 1966, according to Lt. Thomas Evans of the Chelsea Police Dept., who testified in court. He said that Mrs. Greene was a bookkeeper for the Solomon firm, which was the parent company Nichol organization. of the 21 Police Shifted To M.D.C. Force Twenty-one policemen from local departments were transferred to the Metropolitan District Commission police force today, Comr. Howard Whit-more Jr. announced. These appcintments were made pending the establishment of a new civil service list for the M.D.C. force next week. All men transferred are to be permanent members of the M.D.C. ranks. The Legislature this year increased the authorized strength of the M.D.C. force. The new men were assigned immediately, as no training period was required. Officers transferred to M.D.C. ranks include Walter J. Donovan, Anthony S. Grassia Jr., George Crowley, John J. Doh- erty, all of Somerville; Francis J. Witkowski and George Pottle, both of Chelsea; Paul J Tartarini, Arlington; Robert F. Stevens, Hull; Reid L. Rideout and Thomas F. Grealy, both of Medford; Robert A. Powers, Stoneham;Francis Kreatz, Maiden; John D. Kelley, Everett; Robert P. Kelly, Winthrop; Kenneth Glover, Melrose; Ger aid Frazier, Quincy; Robert T. Devereau and Charles R. Aver, both of Boston; Thomas F. Culliney, Cohasset; James D, Crocker, Wakefield, and David K. Atkinson, Lynn. PLYMOUTH'S COMPACT The 1967 Valiant, with longer wheelbase, will come in eight models. Bodies are entirely rcstyled. Redesigned Valiant Due Soon Plymouth Valiant for 1967 has an all-new body, a two-inch longer wheelbase, and contains many improvements for economy, sayety, and performance. Thme new Valiants will go on sale Thursday, Sep. 29. As Plymouth's entrant in the compact-car field. Valiant is designed as a true economy car with a low purchase price, economical operation, and inexpensive upkeep. With Don't Neglect Slipping FALSE TEETH Do fls teeth drop, Blip or wobble when you talk, eat, laugh or sneeze? Don't be annoved and embarrassed bv uch handicap. FASTEETH. an alkaline non-acid I powder lo sprinkle on your plates, keeps falae teeth more firmly aet. Gives confident f eel-tna; ot security and added comfort. No gummy, gooey taste or feeling. Dentures that Ot are essential to health. 8ee vour dentist regulsrlv. Oet FASTEETH at all drug counter. all of these advantages, the 1967 Plymouth Valiant also brings contemporary styling to its price class. The new wheelbase is 108 inches, two I inches longer than the 1966 j model. ! While external dimensions ; approximate those of the 1966 Valiant, the 1967 model offers ; more back seat room for legs, keens, and shoulders. From front, side or rear the 1967 Plymouth Valiant has a different appearance than any model in the car's seven year history. Interiors from dash panel to rear window and including upholstery and trim are all newly designed. Interior hardware and sealing innovations contribute to the safest, most comfortable interiors ever offered by Valiant. Also changed is the line-up of models. This year there will be eight models, and all will be two or four-door sedans. There are two sedans with six-cylinder or V-8 engines, in each the V-100 and Signet series. Dual braking, which provides separate hydraulic systems for front and rear brakes, is a standard safety feature. J. W. RILEY Hair or Baldness WHAT DID CHARLIE CHAPLIN FORGET TO TELL IN HIS AUTO BIOGRAPHY m-wm TOR THE ANSWER RUSH DON'T WALK TO THE NEAREST BOOKSTORE. Stevens Guarantee If within 3 wrrks the Steven Tieatment has not stopped your NirsMve h.nr fall. removed MONEY WILL P.K REFUNPF:0 .r.ilei. relieved scalp itch. YOUR IN KL'I.L. Proven Results In the past 6 years we have administered thousands of treatments to men and women in our New England oftues. r.ach year v.r have received many enthusiastic testimonials mid "Flf foie and After" pirttnes. Let us show you positive proof. FREE EXAMINATION Comr in today for FHEK Fx-ammatinn and start Steven Ttftment. Scpaintc nrpailmmt for men and women. We arrant fr trntment enlr thnftr prnnlr we tvlnrrrelv trri ran lie hr4itl. Reasonable Rates Treatments as little as M vt e.rh No emmfrts to s'Kii You m.iv peiv f(i -ach ttcalmrnt an you irceive it. SCAtP SPECIALISTS 100 BOYLSTON ST.. BOSTON PHONI 420-694B UIU 10 ColMltl i.Hl!t tia'it 11 lil .Silicon 10 t. 1 rmia ia) .itmif m. teitf irto Mil st. m" M BALLY YAUGH AN dft.ftffl xJk mm&smf i at! ; 4 a J&&mm fm torn ww." :.-.. Wi's. aw .q.ik:'. .r-. .r.'-: -.-tm Is it really this easy to get to know Ireland? A full two-weeks tour, round-trip economy jet fare from Boston included, only $315? Isn't that less than the economy fare alone used to cost? Don't I even . have to go with a group? And can I take the train as often as I want, without paying extra? You mean that once I start the tour, I can take any part of it I want, in any order I choose, dividing my time as I please ? How can I extend the tour to Scotland? England? Suppose I don't go by tour can I still stop in Ireland for no extra air fare on my way to or from Europe? Shouid I stay in one of the big new modern hotels, or a traditional country inn ? Does Ireland actually have more castles than Spain ? What are Irish girls like? How much is dinner and an evening at the Abbey Theatre? What are Irish men like? Why do most people visiting Ireland prefer Irish International Airlines? Do they really speak English all over Ireland ? Where do I go for gourmet food ? Do I get to kiss the Blarney Stone ? How come Ireland and Northern California have about the same temperature? When can I start? lore than 6,000 offices in America can answer your q on Ireland. There's one nea YuuriiaveiAgeni North i uesnons ryou. KSrS IRISH . ggg MR UN PUS ?f rmvidence St . Bosirn, Vii. o::- ri .. 20 , IRISH INTERNATIONAL AIRLINES