The Daily News from Lebanon, Pennsylvania • 8

Page 8 Lebanon Daily news, Lebanon, Monday, July 3, 1972 Time Growing Shorter For 29-Year-Old Chess Genius REYKJAVIK, Iceland (UPI) -Bobby Fischer's time runs out at 8 a.m. EDT Tuesday. Fischer, the 29 year old Brooklyn chess genius, must turn up in Reykjavik by then or lose the right to challenge Soviet titleholder Boris Spassky for the world championship, a match that has generated wider interest than any chess game in history. Fischer, apparently bargaining for more money, was hiding out in New York while the great debate of "will he show up or won't he?" raged. The 24-game series was to have started Sunday.

But when Fischer didn't show the pres- ANNOYING A STOP WASTING WATER GET THE GENUINE WATER MASTER 'Thrust-Back Collar' TOILET TANK BALL America's Largest Seller The efficient Water Master instantly stops the flow of water after each flushing. 750 AT HARDWARE STORES Lutherans Note Social Criteria For Investments DALLAS, Tex social criteria for investments which emphasizes effecting change within corporations rather than disposing of holdings will come before delegates tending the sixth biennial vention of the Lutheran Church in America here Saturday night as a part of the report of Board of Social Ministry. The document on investments was approved by the Executive Committee of the Board of cial Ministry for submission the convention. The board will ask that delegates approve distribution the investment report to churchwide agencies, synods, congregations and church related agencies and institutions of the LCA in order that could study the report "share their proposals relating to the criteria and their plans for fulfilling their investment responsibilities," the Rev. Carl E.

Thomas, executive retary of the board, said. He emphasized that the gates were not being asked adopt the investment guidelines as a statement of the church. Through this report the board "speaking to the church not the church." The report lists three major issues that focus attention investments today: the war Southeast Asia, preserving environment and racism home and abroad. The report is based on social statements on poverty, racism and Vietnam adopted by ident of the International Federation (FIDE), Dr. Max Euwe, announced that he was postponing the deadline until noon Tuesday (8 a.m.

EDT). If Fischer does not appear for the drawing of lots scheduled for that time, he will be disqualified and lose his right to challenge the 35-year-old Russian for world chess title. An Icelandic friend of Fischer, Freystrinn Thorberbergsson, flew to New York Sunday to try to persuade the American grand master to return with him. He said he was acting as "a friend of Bobby Fischer" and said only "I know where to find him." He refused to answer other questions. Fischer, who has kept the Icelandic organizers nervously rushing to Keflavik international airport to meet every flight from New York for a week, simply did not show up Sunday.

Officially there was no explanation. He has not been in touch with the Icelandic Chess Federation or FIDE since he sent a cable through the U.S. Chess Federation some time back saying he would show up for the match "under protest." Four times since then, Fischer has canceled bookings on flights to Iceland. The Icelandic federation, which stands to lose much, money if the match does not come off, pleaded for Fischer Sunday and convigced Euwe postpone the start of the match 48 hours to give Fischer a last chance. "But I am not very hopeful," said Euwe, the last non-Russian to hold the world title from 1935 to 1937.

He is Dutch. The decision came after several rounds of closed negotiations involving Spassky, Euwe, the Icelandic organizers and Americans representing Fischer but not authorized by him to negotiate. Spassky appeared undisturbed by the crisis surrounding his first defense of the title he won in 1969 from fellow countryman Tigran Petrosian. He was calm and relaxed in Sunday's negotiations and his seconds said he was in fine spirits. The total prize money of than ten times bigger than any in the history of chess split before, with five-eights to the winner and the rest to the loser.

On top of this the two players are guaranteed 30 per cent of net incomes on televisions and film rights. But Fischer wants more. He has asked the Icelandic ers for a 30 per cent share of the gate receipts--something which in the of Icelandic Chess Federation president Gudmundur Thorarinsson would spell "economic disaster" for the tiny federation in a nation tolof only 200,000 inhabitants. TIC HOLS- A DISCOUNT CITY LEBANON 1251 EAST MAIN ST. (ANNVILLE) TV SPECIAL OPEN 4 TUES.

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ACRES OF FREE CHARGE IT AVER CARD master HONOR charge P.M. AT NICHOLS land MON. THRU SAT. 10 A.M. to 101 VIOuS LCA conventions, Dr.

Thomas said. The report says that individuals and corporations in their investments ought to consider such things as their fiduciary responsibility, social justice at home and abroad, the public good, mutuality of nations and the community of faith. Under strategies for responsible action, the report calls for a strengthening of availability of adequate information; advocacy in the decision-making process of corporate structures; public hearings, petitions, stockholders proposals and proxy votes; litigation and selective investments. Dr. Thomas noted that disposing of investments would be a last resort.

He said that an example of the kind of action the report was advocating was the voting of General Motors stock by the Common Investing Fund, an investment service for CA churches and its agencies. The 4,000 shares a of stock was voted in favor of a resolution asking for full information on General Motors involvement in the Republic of South Africa. Lutheran Church Women, the official auxiliary of the LCA financed the development of the investment report. $325 Damages In Crash An accident at the intersection of W. Cherry and S.

College Palmyra Saturday night at 8:10 a accounted serious for injuries. $325 damages and no The drivers of the vehicles were Dean May, 16, Palmyra RD 2, Carl Smith, 16, 709 W. Oak Palmyra, according to an Palmyra Borough Police. Damage to the May vehicle was listed at $125 and the Smith car, $200. May also suffered a lip.

Alaska Owns Largest United States Borough JUNEAU, Alaska (UPI)--The 4,000 natives of Alaska's oil-rich North Slope, an 88,000 square mile area, had their own borough today--the largest local government in the United States. The borough--similar to a county--was incorporated Saturday. by Lt. Gov. H.

A. "Red" Boucher, following last month's election vote by 430 Eskimos. Boucher signed the certification papers for the 56.5 million acre borough despite a pending court challenge by seven oil companies to the legality of the election in five native villages. The case will be heard by the state Superior Court in October. Under Alaskan law, the legality of newly formed boroughs may be challenged within six months.

Oil companies are bringing the suit because the borough will be able to tax their rich holdings in the "black gold" tundra. Officials said the borough will give the Eskimos control over their educational system and that $25,000 check from the state would get the new government started. UPI-Daily NEWS Facsimile LOTTERY HALTED State workers Jim Keefer, left, and Tony DeAngelis of the Penna. Lottery Bureau check over tickets that were destroyed in last week's flood. The tickets were for dates July 12 through August 2.

The lottery will be suspended after Wednesday's drawing for an indefinite period. Court Rules Against Withholding Road Funds A U.S. District Court in Kansas City has ruled in favor of the Missouri State Highway Commission in a test case against executive-branch withholding of federal highway funds from states as an "inflationfighting" measure. In the Commission's suit against DOT Secretary Volpe and Office of Management and Budget Director as par Weinberger, the court ruled that We Issue Your AIR TICKETS U.S. and Worldwide Same cost to book with your Asta Travel Agent All advertised tours-cruises Individual and group conducted: and independent air, steamship, bus, rail, hotels, car rentals.

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One week only! 2-for-1 items Sale ends July 8th identified with red tags feelfine LEBANON PLAZA SHOPPING CENTER MON. THRU FRI. 10 'TIL SAT. 9:30 'TIL 9:30 the secretary's action in withholding highway fund apportionments from the State of "invalid and in excess of the Secretary's authority," according to a Commission official. Other states are expected to initiate similar suits now in order to regain funds withheld from them.

Pennsylvania's attitude has not yet been clarified. The Federal Government is expected to appeal the decision. Each fully cut diamond must have 58 facets, no matter how.