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Waco Tribune-Herald from Waco, Texas • 12

Location:
Waco, Texas
Issue Date:
Page:
12
Extracted Article Text (OCR)

PAGE 12A WAC0 TRIBUNE HERALD WACO TEXAS THURSDAY SEPTEMBER 15 1977 Connally Wants Treaties Houston Bank Sold Made on US Terms Connally Group BELTON (SPL) Any dealing between the United States and foreign countries must be made on our terms and not on terms dictated by some foreign leader John Connally former Texas governor told members of the Central Texas ort Hood Chapter of the Association of the United States Army Wednesday night Connally spoke to about 600 members of the area AUSA chapter at their fall meeting at the Bend The River Ranch between Belton and Temple In answer to a question Connally said this nation should not make a treaty with Panama giving up the canal on terms dictated by Panama He said we should not have anything in the treaty that would prevent this nation's building a sea level canal in Nicaragua at any time we want to Earlier Connally said our relations with Red China should be on our own terms and not contingent upon our abrogating a prior treaty with Taiwan Connally said the primary responsibility of the United States to the rest of the world is to maintain this economic political and military strength He said we live in a world of tumult and turmoil and that people throughout the world are looking to the United States to provide the military strength the political stability and the economic strength to guarantee freedom for people over the world other country or combination of countries can ensure peace and freedom throughout the world except the United States of Connally said He urged that military strength be kept up and never be allowed to fall below that of the Soviet Union He praised the military forces of this country and said are there to defend your freedom and my is no such thing as a secure freedom without Connally said He said the United States can no longer live as a of plenty a land of bounty in a world of "We are part of a family of he said But he said that along with our responsibilities to the other people of the world we must act first in the best interests of the United States of America" great responsibility of this nation is to lead the world and show it what free men and women can Connally said In answer to a question about foreign aid Connally said he thinks we must continue it to our friends who need it but if they cease to be our friends then we should cut it off Master of ceremonies was Allan Pixton president of the local AUSA chapter McDuff of Burnet introduced Connally ALICE Tex (UPI) ormer Treasury Secretary John Connally two Saudi Arabian businessmen and Texas financier rederick Erck already have acquired more than 90 percent of the stock in the Main Bank of Houston and plan to buy the rest of the shares soon it was an nounced Wednesday Alice office revealed last month that he Con nally Ghaith Pharaon and Khaled Bin Mahfouz of Saudi Arabia had acquired majority interest in the bank which has assets of more than $70 million Erck was elected chairman of the board of Main Bank of Houston Other board members named were Moham med Affara a London businessman and associate of Mahfouz John Connally III a Houston lawyer and son of the former three term Texas governor rank Van Court of Houston attorney for Mahfouz and Pharaon and NO Adams Jr formerly of Alice who will be president and chief executive officer of the bank Adams has served as president and chief executive of ficer of the Bank of South Texas in Alice where Erck is chairman of the board The Bank of South Texas is the largest holding of banking empire which has as sets totalling nearly $250 million Erck 36 and Connally also own controlling interest in the irst City National Bank of loresville Connally's home town Erck also owns interest in the armers State Bank of Orange Grove the Arlington National Bank of Arlington 'the National Bank at Rio Grande City and the Central Park Bank and Windsor Park Bank both of San Antonio cia unded Renewed Terrorist Violence Texas Schools Officials Say AUSTIN Tex (AP) The Central Intelligence Agency channeled funds to two Texas universities in the early 1960s to support re search on human behavior officials of the schools said Wednesday A release issued from the office of Assistant Deputy Chancellor Robert Hardesty of the University of Texas said the CIA informed school administrators it had awarded the department covert grants of $17898 in 1961 and $16644 in 1962 for the research Marks Mexican Independence MEXICO CITY (AP) More than a score of bombs exploded in three Mexican cities Wednesday and new kid napings were reported in a wave of violence on the eve of Mexico's independence day celebrations Twenty three time bombs exploded in Mexico City Guadalajara and Oaxaca in the span of three predawn hours and 17 others were found and defused by police and soldiers Many were planted in government offices or America owned businesses At least five persons were injured including two policemen and a suspect and officials reported extensive damage Police sources said the bombs were made of acid and gunpower attached to a timing device On the night before the bombings heavily armed kid napers seized two doctors and three other persons in towns around Mexico City The wife of one doctor was kil led by the abductors Mexico begins its independence celebration Thursday night and the event has been often accompanied in the past by a rash of terrorism The targets of the attacks and a leaflet found in Oaxaca indicated that the terrorists were leftist urban guerrillas Police said they suspected that the kidnapings and possi bly the bombings were the work of a terror group known as the 23rd of September Communist League Oaxaca officials said they found a leaflet claiming that the bombs were planted by the of the Hie leaflet reportedly said the group had become fessional to combat hunger unemploy ment and exploitation The attacks were new evidence of a shift by Mexican terrorists from the countryside to cities since the death in 1974 of rural guerrilla leader Lucio Cabanas and 20 of his followers in an army ambush And a release later Wed nesday from Texas Christian University Chancellor Dr James Moudy said CIA funds were channeled sur reptitiously through an in termediate parly to support bio electronics rcascarch at TCU about 1960 The UT grant grew out of the development at the uni versity of a microscopic quartz capable of measuring heat changes in human cells The statement said the CIA became interested in the technique in 1961 because of its potential application connection with the problem of body antennas personnel tagging polygraphy and other Dr Moudy said that though the names were blocked out on the records he received he could tell that the document was a survey of bio electronics lit erature by Institute of Bchavoral Research with a total outside financing of about $10000 Dr Saul Sells who heads the institute said he was "completely unwitting" of the funding source A TCU spokeswoman said the project originated in a proposal Dr Sells sent a friend at the Human Ecology und of New York which sent the funds to bus iness office "in normal fash The TCU project yielded two publications electronics and electronics announce ments followed recent news stories detailing CIA Direc tor Stansfield Turner's ac counts to congressional in vestigators that 44 colleges had been involved in re search on that dealt with ways to alter human be havior The UT announcement said the research project was financed by an unnamed private medical foundation in Washington no one at the University of Texas was ever aware of CIA 753A921' WntmstWS Carpeting en SaveS a gal WACO: WACO: 523 525 LAKE AIR DR 1022 COLUMBUS AVE 776 0720 752 0388 7 Satisfaction Guaranteed in the use of these coatings or your purchase price will be refunded Bring your house painting problems to our factory certified house paint specialists or ask about our problem solving manual Sale ends Sept 26 ree decorating service Vse Blaster Charge Wsaor our extended credit 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Pages Available:
1,481,152
Years Available:
1928-2024