The Boston Globe from Boston, Massachusetts • 15

i 4 kl ejt? 15 Wo Sense9 Dropping Tax Credit Blough Blames Economic Ills on LBJ NEW YORK (AP) Ilofjf 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 portion of Blough, chairman of the U.S. Steel 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 act, census data extremely well 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 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 Everett Man Tells Meeting With Hanley public hearing in November of troduced by Hanley to a third George P. Norwood st.

member of 19R2 on small loans interest defendant, francis Glynn, at Govostes of 73 Everett, former the Small Loans Board, took the per annum the State House. He said it was rates. The witness said he was in- chance meeting. Regulatory 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) said he was to be married in Roslindale Men PAYABLE SIX MONTHS FROM DATE OF OPENING six weeks. Trial date was set at Oct. 13. 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 Deny Loan Charges Two Roslindale men arrest Lowell Tech Refuses 1000 Due to Space Rath Honors Pair For Long Service ed in connection with alleged loan shark activities pleaded innocent today in Suffolk Su as labor representative on the Two Boston employees of members of last year's gradu board in 1961. the Rath Packing Co. were perior Court. presented with 25-year service He recalled meeting Morris on savings certificate accounts ($1,000 multiples) MINIMUM PERIOD, SIX MONTHS NO SPECIAL NOTICE REQUIRED FOR WITHDRAWAL NOT SUBJECT TO MASS.

STATE INCOME TAX Garfinkle, a defendant in the awards by sales manager Glen W. Coleman. The awards went trial, when they were sworn in together as board members. to Charles E. Brueck of 51-10 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 Garden Waltham, and F.

Govostes could not remem 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. John L. Brodenck, 30, of Neponset 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 Gerber of 72 Rockingham i ber where he met Martin J. Hanley, former deputy bank ing commissioner, who is also a defendant, but he did recall Lowell. The Boston area recipients are among 272 Rath employees from coast to coast to receive gold Indianhead pins. that Hanley attended several board meetings prior to the bond to $5000 when Marino Couple Plead Guilty in $55,000 Theft of the Greene was a bookkeeper for the parent company Nichol organization. the Solomon firm, which was 21 Police Shifted To M.D.C.

Force 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 hoped to make restitution of $25,000 within 30 days. Marino said his clients, the ranks include Walter J. Donovan, Anthony S. Grassia George Crowley, John J.

Doh- erty, all of Somerville; Francis J. Witkowski and George Pottle, both of Chelsea; Paul Tartarini, Arlington; Robert F. Stevens, Hull; Reid L. Rideout and Thomas F. Grealy, both of Medford; Robert A.

Powers, 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. Kreatz, Maiden; John D. Kelley, Everett; Robert P. Kelly, Winthrop; 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 and I. J. Nichol both of 2d Chelsea. The thefts took place between November 1964, and January 1966, according to Lt. Thomas Evans of the Chelsea Police who testified in court.

He said that Mrs. Kenneth Glover, Melrose; Ger aid Frazier, Quincy; Robert T. Devereau and Charles R. Aver, both of Boston; Thomas F. Culliney, Cohasset; James Crocker, Wakefield, and David K.

Atkinson, Lynn. BALLY YAUGH AN dft.ftffl xJk i at! 4 a PLYMOUTH'S COMPACT The 1967 Valiant, with longer wheelbase, will come in eight models. Bodies are entirely rcstyled. Redesigned Valiant Due Soon fm torn ww." Wi's. aw all of these advantages, the 1967 Plymouth Valiant also brings contemporary styling to its price class.

The new wheelbase is 108 inches, two 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 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 I inches longer than the 1966 model. While external dimensions approximate those of the 1966 Valiant, the 1967 model offers more back seat room for legs, Hair or Baldness 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? 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.

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