BJythevflle (Arfc.) Courier News — fliursSay, January St, 1MT — Page Seven LBJ Makes Preparations for Viet Peace Recession By STERLING F. GREEN WASHINGTON (AP) - President Johnson directed today that plans be prepared to avoid a recession that might otherwise follow "the welcome day of peace" in Vietnam. The possibilities of quick tax reduction and spending speedups will be studied by a Cabinet-level group, Johnson told Congress, as part of a "major and coordinated effort to review our readiness" for the war's end — a day still not fore- teen, he emphasized. The announcement came in his annual economic report. In it, Johnson forecast a moderate advance of the economy through 1967, if it can be steered past the hazards Af Inflation on the one side and recession on the other. The outlook is for a $47-billion rise of national output, he said, to a record $787 billion - a slower climb than in 1966, but with smaller price rises, easier rhoney, and continued almost- full empl6yment. Johnson renewed urgently his appeal to labor and industry for wage and price restraint, in continued voluntary support of guideline policies, to avoid "a wage-price spiral which is in the interest of neither." Unless both labor and management absorb part of their rising costs', he said "the result will be just such a spiral — damaging to business, damaging to labor, and disastrous to the nation." But the surprise of the message, sent to the Capit61 along with a report by the President's Council of Economic Advisers, was a section titled "After Vietnam." Johnson said he was naming Gardner Ackiey, economic council chairman, to take leadership of a postwar study group made up of the heads of the appropriate federal departments. Among other preparedness efforts, he said, Ackley's group will: —Consider "possibilities and priorities for tax reduction." —Determine which high-prior- ity government prograrns can be expanded quickly. —Peare for a prompt easing of credit and expansion of hioney supply. —"Examine ways in which the transition to peace can be smoothed for the workers, companies and communities now engaged in supplying our defense needs, and the men released from our armed forces." The message exuded economic optimism. "Prosperity is everywhere evident," said the President in forecasting a seventh year of unbroken growth. * * * The unemployment rate should stay close to the current 3.9 per cent, he predicted. But the forecast of 1967 national output was conservative. It called for a 6.5 per cent rise compared to 8.5 per cent last year. When deflated for probable price increases, it shrank to 4 per cent. Johnson said the stimulus his $135-billion spending budget, tempered at midyear by the proposed 6 per cent income tax surcharge, provides the proper fiscal mix to keep the economy on the course of "sustainable expansion" — fast enough lo prevent stalling, slow enough to avoid overheating. The council's accompanying report foresaw a price rise of about 2.5 per cent this year, compared with the 3.3 per cent of 1968—which Johnson called intolerable. Concerning interest rates, which zoomed to 40-year highs in 1966, choking off the supply of mortgage credit and sending the housing industry into a depression, Johnson said: "The burden of tight money is being lifted. Interest rates are still extremely high, but they are moving down from their peaks." The housing industry should be "moving smartly forward by Hi end of 1967, and ready for one of its best years in 1968," he said. The council's report warned unions that a general adoption of cost-of-living escalators in wage Contracts—a current bargaining trend—could become "a vast engine of inflation." The council called for continued observance of its wage- price guidelines, even while it conceded that the soaring profit!, of industry and widespread price increases have given justi fication to labor's insistence on higher wage settlements. The wage increase guideline has been 3.2 per cent, based on the long-term annual rise in worker productivity. The productivity gain averaged 3.5 per cent from 1960 to 1966, the report said, but last year dipped to 3.1 per cent. The presidential rtport is th8 third and last of his major annual messages to Congress. Jj ear You MUST See a Doctor Van OteNsnfftl m«UU* IBC.J DEAR ABBY: You are my last hope. I am 29, considered intelligent, "a lot of fun," and everyone admires my jolly, outgoing personality. I have had a few dates, but no man has ever taken me seriously. I ani the "pal, buddy and big sister" the men come to for advice about the girls they could "care about." To get to the point, I weighed myself yesterday for the first time since September, 1965, and the neelde hit the highest number and just stayed there. It was one of those inexpensive bathroom scales, but it goes up to 300. Need I say more? I have played Santa Claus at our office Christmas party for the last time, Abby. In plain language, can you give me a diet I can stay on? Don't tell me to see a doctor. The last one I went to weighed nibre than I did. FAT AND MISERABLE DEAR FAT: If you want my adiyice, DON'T tell me what NOT to tell you to do. You MUST see a doctor! Find a thin one if a fat one inspires no confidence. But follow his Instructions to the letter—and no cheat- lag. Don't expect miracles. It will take all the will power and self - control you can inuster. But anything that's worth having is worth working for. Good luck. DEAR ABBY: I am a Sen- ior in high and my parents still treat me like I was two years old. Last Friday night I went to a basketball game with some kids and I said I'd be home by 12:30. Well, I didn't get home until 1:25, but it wasn't my fault. The kid who owned the car went for a ride afterwards and I couldn't get home without him. When I got home my mother was practically in hysterics. My father said if I'd been gone for another five minutes they'd have called the police. I've been grounded for three months. I tried to explain that it wasn't my fault and if they'd let me off this time it would never happen again, but they wouldn't listen. Don't you think their punishment is too rough for what I did? JEFF DEAR JEFF: Yes, but accept their decision like a man, and perhaps they'll be impressed with the maturity of your behavior and reconsider. DEAR ABBY: Three years ago I was engaged to marry Carl. 1 even bought my wedding gown and veil. Well, something happened and the wedding never did come off. Here's my problem. I am now engaged to marry Virgil, and Virgil says flatly that he does not want to marry me in the gown I picked out to marry Carl in. I think he's being extremely childish about the whole thing, hut he won't change his mind. Should I go ahead and wear it against his wishes? Or should I wear it and tell him it's a "new" one. He's never seen it and wouldn't know the difference. 1 just can't see buying another one, VIRGIL'S BRIDE DEAR BRIDE: If you hadn't mentioned the gown in the first place, you could have quietly worn it to marry Virgil. But since you DID mention it, and Virgil vetoed it, don't wear it. To do so against his wishes would he unwise. And to try to fool him would be worse. P.S. If "something happens," and this wedding doesn't come off, don't men., = tion the gown to the next ., one. How has the world been treating you? Unload your problems on Deaf Ahby, Box 69700, Los Angeles, Cat., 90069 For a personal, unpublished reply, enclose a self - addressed, stamped envelope. For Abby's booklet, "How.* to Have a Lovely Wedding," Send $1.00 to Abby, Box 69700,: Los Angeles, Cal., 90069. , . . CHILD'S ROOM design winner to this modern s«t-np drawn by Pierre Gneben of Liege, BelSnm, who took fiFst prize in the Child Craft destgn contest recently. About 50 en- Wei in the contest cam* from the United States, Japan, Australia and Europe. An- nonneement of the winning entry was scheduled for Jan. 8 in Chicago. Astrological * Forecast * By CARBOLL RIQHTER ffc ttotonsltu jour toiecMi, tuit» uninpb oppolit* dltM wttiett Sdud. rant birttr 4*t* FRIDAY GENERAL TENDENCIES: You have the desire to really project yourself in some magnanimous or generous matter and it's just a great day and evening to do so. Entertain, accept invitations, be rprnanie, let others see you are charmer of the first water. And look into hew avenues of expression by which you can strut and show your talents. ARIES (Mar. 21 to Apr.. 19) If you get labors attended to early In the day, you can get out to fun that you have been looking forward to. The pioneer is very strong iri you and you can make great strides along such lines. Be active. . TAURUS (Apr. 20 16 May 20) You have to change your attitude with kin if you are to establish greater harmony in that important realm of your life, You are able to labor more efficiently, also. Entertain at horns in P.M GEMINI (May 21 to June 21) Forward with that Gemini quality of wanting to change things around, make real progress. Congenials will also give you fine ideas if you »eek them out. Be in the go and you are very much happier. MOW CHILDREN (June « to July 21) Find sc-tae new way to irictwse income or have more of the peraflwl thing* you desire, think big and get big. Expert* in business will give yett know-how and answera to yoftf Perplexities. .LEO (July « to *<» 21 > Ideal day to show 6th*ri ifhat a fee and general* perloh you ars and gain the good will of those around you. Certain excellent ideas you have can be put into motion quickly. Have an enthusiastic attitdue toward life. VIRGO (Aug. 22 to Sept. &) Prepare yourself for starting on new plan and show others your enthusiasm in a quiet way. Be sure first to study well some new arrangements you want to make. Then full speed ahead. •LIBRA (Sep. 23 to Oct. 22) A very influential person you know can be contacted for seme big favor, but you must be sure you do so iri a social way. Out to group meetings later. These can be very helpful to your advancement also. SdORPIO (Oct. 23 to Nov. 21) Put aside small, pretty matters and get in touch with a higher- up who has some wonderful ideas for your early progress. Show gratitude for assistance, then carry though with ideas to the letter. SAGITTARIUS (Nov. 22 to Dec. 21) Begin anew to get se- curiy built up and gain prestige by snowing your talents wisely. You can use such along somewhat different lines to which you have been accustomed. This will be a step forward, CAPRiCCRN (Dsc. 22 to Jan. 20) You are able to comprehend what should be dene to Clarify certain situation! that are jim- tltof. This Helpi you to handle both personal and business matter* with wisdom. Others are More pleased with you. AQUARIUS (Jan. 21 to Feb 11) impress istoclatei with the fact that you can bandit big projects as well as they, and hen combine efforts toward a mutual goal. Come to decisions on matters of policy- B '8 3UC- cess is possible. PISCES (Feb. 20 o Mar. P) Think out better methods f 6 r doing your regular chores so ;hat your free time for looking into new interests that are more ucrative, pleasant. Co - workers undersand your biggest ideas. They go along with them with alacrity. IF YOUR CHILD IS BORN TODAY ... he, or she, will be one of those charming little people who needs to be encouraged a great deal if a truly jreat success is to be ahead and achieved. Make certain that educational course is com- rehensive and highly flexible, since the mind here is very brilliant and is ever concerned with ma'king big money. Some spiritual training and sports should net be neglected, either. Expert Blows Old Eye theories LOS ANGELES (AP) - the best thing for your eyes is to use them, not save them, an expert says. And, contrary to some belief, reading iri poor light doesn't harm the eyes. Dr. Albert E. Sloan, who said this Tuesday, is an eye surgeon at the Massachusetts Eye and Ear Infirmary and chairman of the School Vision Proolems Committee of the National Asso : elation for the Prevention of Blindness. Sloan told a news conference that the belief still exists that reading iri bed makes eyes weak. The truth Is that use improves the ability of the eye to iiit lit potential fullest, h* said. Sloan was iri ia» Angela ai •peaker at a week-long conference on eye, ear, n»s« and throat disorder*. henemoer Pay Bonus Babies of theT57 season! Come collect a fat bonus in value on any one of these Ford-line beauties. Our high-volume sales let us offer you these special Custom SOO's, Galaxie 500 Hardtqps-even F-100 Pickups-with special deluxe equipment included in low sale prices. Come join our success story-help yourself to savings! Ford Dealer Success Ford Motor Company's 3-point warranty plan gives you... 1. S-yeir or 50,000-inile warranty en cir power train, Jteir/ngand iusptrition. 2. 2-year or 24,000-mlle warranty on the entire car: 8. Only one dealer certification per year refirdlets of how many mills you drive. The warranty does not apply to tires or tubes. (adjuiOnenbi are provided by Bra Ford ii Wn/warranU to own,,, that their silling Ford dealer (or if own,, Is "K^'^X^ffS Sb K,,K»^^e»^^^ ^»5SSC.^.««, P ,,,r,,,«,«, M ,U,,mo,d,d,ubb,r. r ' -"-' "- 1 - "- ; - ™- " *'""' lh " ' "ft, w ,,,a"a~pplies to vehicles normally opereted In the U.S.A. IN Canada. •Every 6 months or 6,000 miles: Change oil and oil filler: clem air cleaner, air filtei-end oil filler cap; chetk aile lube ind IransmlMlen til levels. Every 12 months o, ROOC miles: Replace air iMtr on cloud crtnkcet. ««UliW» tyitfi"!; (tan emission system and carburetor spacer: replace emluion cMUo! valve and thermacto, air niter. Every 24 months or 24.000 milas: Change engine ewlant and check radia or hoses. Every 3t FORD MOTOR COMPANY NEW VEHICLE WARRANTY BASIC FACTS , , o , following puts In Ford-built vehicles which ir» found in normal usu and within Ida foliowlng time and mileage limits (whichever comes first), to be detective in either work- manshlo or materials: (A) Any part of any vehiclt witbin 24 months or 24,000 miles, and , , (B) now train parts In any car or light truck, ind suspension or iteering parts In any tar (eicopt Broncos), within 5 years or 50,000 miles. Power train parts include: engine block, head and internal park, water pump, intake manifold, transmission cases and internal parts, toroue converter, drinsnifls, universal lolnls, differentials, and driving axles and their wheil tellings. Suspension and steering parts include all parts of the front and rear suspension jystems, steering gear and linkage, power stilling pump, road wheels and front wheel bearings and seals. Related items such Is Ignition, electrical, cooling, fuel and brake systems, inline or transmission controli or linkages, tteirlnl column and wheel, clutch itiemily, shock absorbers or load leveling system ire included.! The owner It nqolnd to obliin certain maintenance services' <nd, every 12 month), a written certification from Ford or Lincoln-Mercury Unlit that he hit prlllntll nldtnu thit such iiivius. hivi been performed. whldimr comes fir* to tte remilnlni e PHILLIPS FORD SALES Broadway at Chickasiwba Blythevillt, Ark.
What members have found on this page
Get access to Newspapers.com
- The largest online newspaper archive
- 11,200+ newspapers from the 1700s–2000s
- Millions of additional pages added every month