Corsicana Daily Sun from Corsicana, Texas on August 11, 1974 · Page 44
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Corsicana Daily Sun from Corsicana, Texas · Page 44

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Location:
Corsicana, Texas
Issue Date:
Sunday, August 11, 1974
Page:
Page 44
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"Chicago” Special Recreates Silent Flicks Back in the "good old days" of silent movies, the guy on the white horse was the hero, and the one with the black mustache was the villain.. .everything was so simple then! One of the world's most popular musical groups, Chicago, brings back those days in "Chicago.. .Meanwhile Back at the Ranch," a new ABC Television Network special, to air on Friday, August 16 (7:30-8:30p.m ). Helping to recreate the fun of the old flicks are country- western music star Charlie Rich and Canadian singer Anne Murray. Filmed at Chicago's famed Caribou Ranch, in Nederland, Colorado, "Meanwhile Back at the Ranch" combines the best of today's music with the thrills, chills, laughs and excitement of the days of the silent western films. Murray poses as a villainous young woman out to gain control of the Caribou Ranch from the members of Chicago. Charlie Rich is "Silver Fox," a very mysterious stranger. Musical Highlights: "I Love My Friends" "Muddy Water" Charlie Rich "Love Song" "You won't See Me" Anne Murray "Call On Me" "Happy Man" "(I've Been) Searching So Long" "Mongonucleosis" "Just You 'n' Me" Chicago Members of Chicago are: Peter Cetera (bass, vocals. "ABC News Close-Up” Spiraling inflation is eroding the income of American families and ABC News investigates the causes and alter natives in the documentary special, "ABC News Close-Up on Inflation," airing Friday, Aug. 16 ( 9:00-10:00 p.m.) on the ABC Television Network. Av Westin, ABC News Vice President and Director of Television Documentaries, said in making the announcement: "We will spell out for viewers the key factors that are fueling inflation and the tough choices ahead. The program will combine a graphic lesson in basic economics with an investigation of practices that led up to today's conditions. We also will examine the paradox of high unemployment in a time of mushrooming prices, described by some economists with a new word—stagflation." Late last year political leaders predicted that inflation would decline. Instead, it has worsened. ABC News asks: Why? In searching out the answers ABC News Correspondent Ann Medina, co-producer of the program with Stan Opotowsky, has questioned economists and leaders in government, business and industry. They include President Nixon's chief economic adviser, Kenneth Rush; Paul Samuelson, Nobel Prize winning economist and professor at Massachusetts Institute of Technology, and Alan Greenspan, the new chairman of President Nixon's Council of Economic Advisers ABC News illustrates the problem inflation poses for both business and labor with an examination of a single paper manufacturing company, Georgia Pacific, • faced with a cutback in,production plans because of high bank interest rates, a shortage of raw material, rising production costs and demands by labor for increased wages. To show how today's conditions developed, the program With Music Terry Kath (guitar, vocals), Robert Lamm (keyboard, vocals), Lee Loughnane (trumpet, vocals), James Pankow (trombone, vocals), Walter Parazaider (saxophone, flute, vocals), Danny Seraphine (drums, vocals) and Laudier De Oliveira (congos). "Chicago...Meanwhile Back at the Ranch" is a Dick Clark Teleshpws, Inc., production with Dick Clark as executive producer, Bill Lee as producer, John Moffitt as director and Bob Arthur as writer. Examines Inflation looks at spending practices during the escalation of the Viet Nam War and the era of the 'Great Society' of the Johnson Administration. ABC News also explores the impact of the Nixon Administration's temporary wage and price controls imposed in 1971 and its expansionary economic policy in the 1972 Presidential election year. Some economists interviewed in the program say that these moves helped create a higher rate of inflation than otherwise might have happened. ABC News also examines the government's current policy of fiscal and monetary restraints. "Our preliminary investigation indicates," said Ms. Medina, "that the United States is in a 'damned if we do and damned if we don't dilemma.' The experts say there are no textbook answers to today's unique economic imbalance of rising prices and simultaneous unemployment." Ann Medina narrates ABC special on inflation. James Pankow, Lee Loughnane, and Robert Lamm of the group 'Chicago/

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