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Abilene Reporter-News from Abilene, Texas • Page 67

Location:
Abilene, Texas
Issue Date:
Page:
67
Extracted Article Text (OCR)

Report Urges Stronger Antitrust Laws Aimed at Industrial WASHINGTON The Nixon administration sent Con- gress Wednesday a la.sk force report calling break up concentrated manufacturing. in as auto The report, drawn up for former President Lyndon B. Johnson but never previously made public, says Ihcrc is need for new laws to attack "shared monopoly power' 1 corporations. of entrenched major emphasis was given fo conglmncrate-lype mergers in which unrelated businesses are drawn together, although consolida- lo one recommendation called for port available for study and 1,1 mnMKi.ioM Tlie task force, headed by Phil C. University of Chi- cage law professor, appeared to ixil the greatest emphasis on what il said Is a need to break up oligopolies or highly conccn- Irale induslrles.

As examples of fields where high degrees of conccnlra- il listed Ihe auto Industry, flat glass, synthetic fibers, aircraft, organic chemicals, soap anil detergents "and many olh- dons im-ohing very large firms. The Ifsk force report was made public without comment by Assl. Ally. Gen. Richard W.

McLaren, the government's rn- iitrusl chief. In a transmitting letter to House and subcommittees on monopoly, McLaren said, "de-restricting (he report in tills manner is nol in any cis." Its BILLY THORNTON completes training MAX 1'KTERSON' reports for duty Airman BILLY F. T5IOKNTON son of Mr. and Mrs. Billy F.

Thornton, Tuscola, has completed basic training at Lackland AFB, Tex. He has Sheppard been assigned Tex, (rawing in Ihe communications field. Airman Thornton is a 19C7 graduate of Jim Ned High School. He attended Abilene Christian College. attended Tarletnn State College and Cisco Junior College.

SYLVESTER A i a lUCUAlil) A. ALLRE1), grandson of Mr. and Mrs. J. M.

Montgomery of Sylvester, has jradtiated from a U.S. Air Force technical school at lxwry AFB, Colo. He was trained as a supply D. PETERSON S.ft. graduated April 25 after completing nine weeks (raining at Naval Training Center at Diego, Calif.

He has reported back there for duly aboard the USS Chemung. He is the son of Mr. Mrs. Hermleigh. Max Peterson of HAWLEY Sgt.

LARRY N. UPSHAW, son of Mr. and Mrs. Y. Moore, HI.

Hawley, has arrived for duty at Ching Chuan Kang AB, Taiwan. Sergeant Upshaw, an aircraft meeanic in a unit of the Pacific Air Force, previously served at Dyess AFB. He is a graduate of Hamlin inventory i a i assigned (o a unit of Command AFB, Tex. The airman is a gradunle of McCaullcy High School and received an A.A. degree in 1967 from Cisco Junior College.

His wife, Carolyn, is the daughter of Mr. and Mrs. W. E. Riley of Albany.

BIG SPRING GERALD W. STEWART, son of Mr. and Mrs. Munson M. Stewart, 1606 Stadium Big Spring, recently received the silver wings of an Army aviator and was appointed a warrant officer upon graduation from the Army Aviation School, Ft.

Ruckcr, Als. The 20-year-old a a High School. The sergeant's officcr from wife, Sherry, is Ihe daughter of Mr. and Mrs. H.

H. Burson, Rt. 1, Haskell. CROSS PLAINS A.l.C. GARY B.

ODO.M, son of Mr. and Mrs. E. F. Odom, Cross Plains, has graduated from a U.S.

Air Force technical school at Keesler AFB, Miss. nc 'rtb tl'dmeu aa a TauaT repairman and assigned to a unit of the Strategic Air Command at Hawthorne, Nev. The airman, a 1964 graduate of Cross Plains High School, Cisco JC Eyes Record Enrollment CISCO A record summer school enrollment Is anticipated at Cisco Junior College, according to an announcement by college officials. Summer school classes will liegin Monday, June 2, and run through July 11, with the second session of summer school beginning July 14. Day classes lo be offered si CJC include zoology, grammar and composition, American government, English literature, history of the U.S.

to 1865, and western civilization. Night classes include a a and i i American government, Introduction to economics, mathematics of i nance, office a i algebra, c.ffculus, history of the U.S. to 1865, English literature, inlroduction to business law and typing. The college's i courses at Graham Kill offer history and English on Monday and Wednesday and English and government on Tuesday and Thursday. 'All Graham extension courses are al nighl.

Ralph Glenn announced that any course nol sense an official endorsement of il, in whole or In part, but Is need "to eslablish specific lim- simply designed to make the re- draft proposal, Ihe task iorcc said, would apply to indus tries so concentrated thai four or fewer firms account for 70 per cent or more of Industry sales. When this Is found, the proposal would call reduction of Ihe four-firm concentration ratio to below 50 cent and the market shares of individual firms (o below 12 per cent. This would he accomplished, Ihe report said, through court- ordered divestitures. Among other specific recommendations were proposals to: --Prohibit mergers in which a very large firm acquires a leading firm in a concentrated in dustry. --Overhaul the price discrimination provisions of the Robinson-Patman act and repeal Ihe other sections.

--Establish the principle that a patent licensed lo one person should be made available to all other qualified applicants on equivalent tenns. --Form a standing government conimillce to collect economic and financial data essential lo continuing antitrust poli- The task force sees no greal danger in mergers as such, as long as the consolidation aclivi- ly is channeled "into directions likely to improve 'The possibility that economic activity might become unduly concentrated firms," its (a the growth of large firms, either by merger or otherwise." The report did nol deal specifically with antitnisl policy as related to the drug industry-one of the main goals outlined when the task force was appointed. But Neal suggested the "changes recommended by us In the patent field would have significant beneficial effects" on the drug industry. "Patents are one of Ihe principal sources of monopoly power," (he report said, "since they confer upon the patentee Ihe right to exclude others from the field covered by (he patent." Therefore, it added, an impor- lanl goal in antitrust policy phould he lo prevent the use of the patent "to create a monopoly than Ihe patent itself." Tlw lask force said saw no Are Assessed Two men received five-year irison terms a following their guilty pleas to felony burglary charges before 161th District Daniel. KULA SCHOLAR Burns Warren, son of Mr.

and Mrs. Dabney Warren of Midland, Tuesday was named high ranking boy oj Kula High School 1969 graduating class and was presenled the American Legion Certificate of School Award and Medal lor Distinguished Achievement. Warren, who has received the Texas Council of Church Related College Scholarship, plans to attend Odessa College. Another man received onc- probated, jail following his guilty plea to a reduced charge of aggravated assault. Dennis McGregor, 26, of 402 Peach, Apl.

3, got one of (he jrison terms after admitting building which will house helping several culling, sewing, knitting ami Lake B'wood Resort Development Is Planned BROWNWOOT) (RNS) A $5 million land program Initiated by the newly formal Lake View Estates has announced for Lake Brownwood. Work on the housing and recreation project is expected to begin early next spring, according to Jack Dictrick, of Dallas, secretary-treasurer, and executive manager of the corporation. Proposed development was announced Wednesday as the corporation completed purchase Paul Winn, both of Rrownwood, corporation directors; Ernest Cadcnhcad, advisory council. Dietrich said completion of the shops at Old Abilene Town last Jan. 8.

A tape recorder, public address system and some guns and knives taken in the burglary were laler recovered. McGregor was represented by Attorney George Leonard. Donald Gene Richardson, 21, of SweeUvater, got five years for he Dec. 24 burglary of Ihe Raymond Day Shell Service Station on interstate 20 al Tye. Taken in the burglary were four tires, a portable radio, and abort $20 from Ihe cigarette machine.

Last week, both Richardson and Jimmy Croan, also 21 and of Swcclwaler, received live year sentences for burglary from Judge Daniel in Jones County. Cooper Student Faints at Game 16-year-old Cooper High Spring High School in 1966. LORA1NE (RNS) Two of Mr. and Mrs. Victor Galvan' four sons, in Ihe U.S.

service, are home. Their twin sons, VICTOR, on leave, and HENRY, who got his release from active duly. During his almost two years in the service, Henry spent monlhs in Vietnam. Victor has been stationed in Korea and will return there after his leave. He will get his discharge after two months in Korea.

The Galvans have two more sons in service, Manuel in the Air Force, stnlioncd in I Philippines, has been senl to Vietnam on three different assignments for 45 days each. He will complete his time in sen-ice in January 1970. Carlos is in Ihe Navy and is making the Navy a career. RANDY HKirrON came in Chamile Field, 111., where he has Judge J. Neil THE ABILENE REPORTER-NEWS Abilene, Texas, Ttiwsfey Morning, May Fivc-Year Prison Terms Aileen Plant 9-B Ceremony Slated and company officials ing; and Bob Movers, local plant will be on hand in force at 10:30 a a jrouitdbreakirig ceremonies for new plant of Abilene Manufacturing known as Ailcen, place.

Tlic ceremonies will be held at Jin 39 aero site north of Abilene Christian College on 20, iho first step in what will a 200,000 square-foot i 11 i The terms will run concurrently, approximately five years. Predevelopment sales will begin by (he fall he said. general office facilities as well as the shipping department. Ailcen lias already gone into production at the Old Cow Palace, now employs about 85 persons. When the new plant is completed--later plans will enlarge (lie building to 500,000 square feet--it will employ between 1,000 and 1,200 persons.

Hesides members of the City i a i i Court, dignitaries expected for the groundbreaking include Abe ObiTlin of New York City, president of Aileen, Ted Sambol of Kdinbtirg, vice prcsi- dent in charge of manufaclur- manager. Meyers said it was hoped that xlh planfs-the main plant and the knitling plant-- would be moved into the new building' early in 1970 and that by that time Hie firm would be employing about 180 persons. Around 400 are expected to be smployed by the end', of 1970, Moycrs said. The public is invited to the groundbreaking ceremonies. I COMHETf MEAIS I I DRINK you nns AND CAN EAT '0 UP (LIMIT ONE MEAT) Chclce meal a drlnK and all yoj can eat of lalihs, 1.1 brtad.

I CtfcterU River Oaks Villoge 677-9193 Richardson was represented) jy Attorney David Slubboman. Morris Hernandez, 40, of 232G Fannin, originally charged with assault with intent to murder, jleaded guilty (o a reduced charge of aggravated assault, md received the probated jail term. I He was charged with shooting! of Manuel De La Cruz of 1233J in the side of the head PLANTER GETS BEES IN BONNET A downtown i a planter at North Second and Cypress was host Wednesday lo an uninvited grou of "flower children" when a swarm of bees took up residence. i-Mrs. Carolyn Norlhcutl of .1725 Wilshire and Johnny Johns of 339 Glenhaven, employes of a nearby business, were unable to remove Ihe insects.

beekeeper Guy Williams picked Up the swarm after Ihe bees settled down and transported them to more adaptable quarters. candy Technicolor'cue been training a completing his basic in Ihe U.S. Air Force in San Anlonio. After his leave he will report to his new assignment, Carswell AFB, Fort Worth, Texas. TRENT Pvt.

HERBERT E. KIWANS, 24, son of Mr. and Mrs. Herbert J. Regans, Trent, has a four-week chaplain enlisted a i a lecnnician course at the Armyi Chaplain School, Ft.

N.Y. A 1963 graduate of Trent High 1 School, Pvt. Kegans entered the Army in Augusl 1968 and com-, plcted his basic training at Ft. Dix, N.J., where he was last stationed. He received his B.S.

degree in nharmncy Inst year from Ihe University of Texas, Austin, and Is member of Kappa fraternity. CARBON Sgl. i CHERLE M. PRIDDY, son of Mr. and Mrs.

M. H. Priddy, Star Route, Carbon, has a a i completed a communications equipment repairman listed I summer schooljccmrse al Hie UA Army Signal schedule will be offered if as School, Kl. Monmoulh, many as tea sludenls indicate a desire for the course. Registration for summer school's first session will be held June 2 from 8 a.m.

to 4 p.m. and from p.m. to 7:30 p.m. Sgt. Priddy entered the Army in 1037 and was last stationed In Arlington Heights, He holds Army Commendation Medal.

He is a gradwte Carlloi High School, with a pistol last Oct. 12 during an incident at 2101 Green. also disclosed i.hoy are currently Force spokesman said later the Asst. Criminal Dist. A Resort Properties Perry Barber and Lynn Ingalsbe jyouth had merely fainted from Tersm Sc Country prosecuted the three cases with lipulated testimony.

ovcrexertion. Cary Lirmvillo son of subdivision at the lake. "SHESIFf 9:00 15:43 "BALLAD" ll.fll projects will includ and Mrs. Clarence 0. Linnville of 109 Mississippi, was playing touch football at the CHS senior "would raise difficult and far- private boat dock facilities and a picnic in Will Hair Park when reaching questions of social pol- the incident occurred a.m.

Police safely cruiser officers SWINGING SAFARI OF LAUGHSI WALT DISNEY'S Officials include a A11 nwood such a development is not now president; Al Wilks, Brownwood' gave the youth first aid and Dyess ambulance took him to the hospital. He is being held be at odds with those of some and overnight for observation. other antitrust experts, includ ing McLaren and members ol OASIS MEMBERS 1 GUESTS IT'S "PARTYT1ME" nitety or The OASIS CLUB end You're incited! HI. Hill the Federal Trade Commission. The task force restricted Us DORIS DAT glomerate merger field to a proposal barring large firms from HOTEL--Hiwoy so vv.it SEASON SWIM PASS acquiring a leading company in a concentrated industry.

II described large as those with assets of $250 million and sales of $500 million annually and said leading firms that SEE "POOH" At: 3:24 I MonIM rev Sun Bath poellide i ltd Drir.k Service PH. 493-1271 (I to p.m.) ll.MIIED NUM8ES AVAILABLE such corporations could not ac quire would be those with more than a 10 per cenl share in any particular market. A A I MATINEE: RESTRICTED-PERSONS UNDER 16 NOT ADMITTED Unless Accompanied by Parent or Adult Guardian. HE BATTLED AN EMPIRE OF BARBED WIRE AND CL'LUTS! JOKY FRAKCIOSA NORTH SCREEN DRACUIA" 9:00 i 12:40 "ROOH" 11:01 With Our Famous STRIP SIRLOIN DRACULA HAS RISEN you get a feeling of 1. SATISFACTION 2.

CONTENTMENT 3. BEING WANTED 4. BEING NEEDED 5. APPRECIATION 6. BEWG LOVED all included in the low price.

SUEattHiwaySO 10 WATCH FOR THE 39th ANNIVERSARY GENERAL AUDIENCJ THE GRAVE? ROOM THE SIRLOIN STOCKADE scum screw "NIGHT" 9:00 1 "DEAD- 11:11 'OWCAISPICIAL povrtd ground i Tooil fillMS ARE COMIMG Advth 51,00 Optn p.Ti Mil. Slu. 75t tm 1M K. C. CLUI STLAK HUTS REUfS-STARTS AT DUSK-SHOWS TWICE RATED MATURE AUDISNCcS TOT SIRLOIN STEAK NEW YORK CUT STMK feiVM SECOND MC HATURE 10:30 WILD".

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About Abilene Reporter-News Archive

Pages Available:
1,677,475
Years Available:
1926-2024