Rutland Daily Herald from Rutland, Vermont • 2

rJi jnrf mi- i RUTLAND DAILY HERALD TUESDAY MORNING JULY 11 1972 North Vietnamese Counterattack Chess Mates Tentative DealReached On Soviet Lend-Leas6 Communist Chiefs Rate 'Economic Integration Tri Launched North of Quang Now Ready For A Match The informants said air strikes were being called in against' enemy positions surrounding the Citadel a walled fortress in the heart of Quang Tri The planes were reported flying through heavy antiaircraft fire from guns Inside the Citadel By BERNARD GWERTZMAN (Timet New Service) WASHINGTON The Nixon administration has worked out a tentative formula to persuade the Soviet Union to pay World War II Lend-Lease debts in return for United States government credits and equal tariff treatment in this country a White House official said Monday Commerce Secretary Peter President Nixons visit in May and are due to commence again in Moscow on July 20 concurrently with the commission meetings But well placed administration officials said that the situation is this: The talks began with the United States asking about a billion dollars In payment and the Russians countered with an offer of J300 million The two headquarters skyscraper are being attended by delegations from the seven other members of the eight-nation alliance Bulgaria Czechoslovakia East Germany Hungary Mongolia Poland and Rumania Cuba and North Korea are represented by observers At the last premiers meeting in Bucharest a year ago the COMECON nations approved a long-term program for economic integration to be achieved over a period of 15 to 20 years By MICHAEL PUTZEL Associated Press Writer SAIGON (AP) North Vietnamese infantry and armor counterattacked just before midnight Monday northeast of occupied Quang Tri and government forces knocked out at least six enemy tanks the Saigon command reported It said no immediate report of casualties was available from the action nine miles from the northernmost provincial capital South Vietnamese paratroopers were reported stalled on Quang Tris southern and from a Chinese freighter A spokesman said the Robison did not attack the freighter in the action Sunday There have been several reports of barges unloading supplies from freighters offshore to circumvent the US minb blockade of North Vietnam Associated Press correspondent Dennis Neeld reported that newsmen were barred from reaching airborne units at the Quang Tri front But he said sources who had returned from forward units told him government paratroopers on the citys eastern edge were under heavy mortar machine-gun and rifle fire i Peterson in announciq Monday sides have narrowed differences that the first The airborne which together with South Vietnamese marines and supporting armored cavalry launched a drive June 28 to recapture Quang Tri Province has been stalled on the edge of the city since late last week One battalion pushed close to the Citadel on Friday but fell back under heavy fire to about 500 there are the terms of on the principal million But differences over payment Tho eastern edges while allied i gel the uoie as the British did after the war my defenses around the heart of meeting of the i Soviet-American commercial commission will be held between I July 20 and Aug 1 stressed that the unresolved Lend-Lease question remained the main barrier to reaching an overall trade agreement between the two countries He would not go into detail on the state of the Lend-Lease negotiations which began in Washington in April were continued in Moscow during THE RUTLAND HERALD Overcast in Northeast Mars Rare Total Eclipse of Sun By THEODORE SHABAD (Times News Service) MOSCOW The premiers of the nations of the Soviet bloc opened their annual session here Monday to assess progress in their ambitious economic! integration program proclaimed last year Premier Aleksei Kosygin presided over the 26th session of the Council for Mutual Economic Assistance which is expected to tighten coordination of economic planning and scientific research and to expand cooperation in the electric power chemical and machinery industries The Soviet Union plans to triple its deliveries of electric power to eastern Europen during the current Jve-year plan ending in 1975 and virtually to double the supply of crude oil in exchange for deliveries of petrochemicals from its allies The Soviet bloc also intends to speed the development and manufacture of advanced computer-controlled machine tools in which the Russians and their East European allies have been lagging behind the West The current session of the Soviet blocs economic alliance also known as COMECON is being attended for the first time by the premier of Yugoslavia Dzemal Bijedic The Yugoslavs had attended meetings as observer at a lower level since 1964 The premier is understood to have been invited during President Titos visit here last month In addition to Yugoslavia and the Soviet Union the sessions in the 39-story COMECON the city At embattled An Loc on the southern front North Vietnamese gunners loosed more than 450 rounds against South Vietnamese positions in the city and south along Highway 13 Casualties were described as light The Navy said the US 7th Fleet destroyer Robison sank enemy barges off the of North Vietnam after had unloaded supplies three coast they have held out for two per cent interest over 30 years The United States countered that such terms were acceptable at the end of World War II but are not adequate today It has asked for six per cent interest over the same period In addition the Soviet side has said it would not pay World War II debts unless the United States made it clear that the Soviet Union would receive Export-Import Bank credits and most-favored nation or equal tariff treatment in this country At the news conference "1 ns By THE ASSOCIATED PRESS A total eclipse of the sun sent a shadow 113-miles wide sweeping at 1000 miles per hour Monday across a great arch of the Northern Hemisphere from Japan to the Azores It was Cartially visible in parts of the fnited States Those in the direct path watched the sky darken as at dusk saw stars appar and felt evening-like drop in tem- I Published every morning ex- cept Sunday at 27 Wales St Rutland Vermont by Herald i Assn Inc Second-class postage paid at Rutland Vt 05701 RIGHTS TO ADVERTISING COPY Friendship i Rights to layouts of advert is- I lug placed with The Herald which the Commission uiK piaccu wuu me neraia wnicn i an eveni are the creative effort of its staff Ffterson aid that Nixon I perature I and printing material supplied could not grant credits unless the Ull COoCU an The sun (Times News Service) REYKJAVIK Iceland -Bobby Fischer and Boris Spassky like two high-strung athletes tapered off their training Monday and are ail set to face each other Tuesday at 5 pm (1 pm EDT) in the Exhibition Hall here At stake is the chess championship of the world Spassky played some tennis Monday morning and then disappeared from public view Fischer swam Sunday night and as is his custom slept through most of the day Spassky is reported tense but confident He more volatile than Fischer and it is said that he is undergoing a last-minute bout of nerves Fischer was reported as relaxed and happy In a way the 24-game match resembles a prize fight Both men have long been in training for the event which carries a purse of $250000 the winner to get five-eighths Both men are surrounded by trainers and advisers Both sides have been disputing for months about contractual agreements with cliff-hanging negotiations that were settled only last week Both sides will make money from film and television coverage The match Is being held in a sports arena and Lloyd's of London has even established betting odds on the match making Fischer an odds-on favorite The match has attracted worldwide interest and has international overtones Neither player is politically oriented Spassky is not even a member of the Communist Party but the match nevertheless has developed into something of a Russian American confrontation At Exhibition Hall there still remains some work to be done before the players face each other The Russian delegation' visited the arena Sunday' afternoon and said that everything was satisfactory except the chess board which has been made of marble squares and inlaid into a specially constructed table The squares two and five-eighths each are too large in relation to the chess pieces Fischer visited the hall at 1 am Monday and also thought that the board was too large In addition he complained about the lighting and also complained that the audience was too close to the players The distance was measured and it was 40 feet from the edge of the chess board exactly what Fischers contract called for Fischer dropped that complaint Monday a new board is being fitted into the table and electricians are working on the lighting by The Herald rest with The Her- 'd credits the Lend-Lease aid and may not be reproduced ebts were paid off by photographic or similar meth- Be indicated that if a trade ods without specific authorize- package was agreed upon the Rogers Visit to Rome Earns Expressions Of Mutual Trust tion of The Herald was encircled with a ring and as its light filtered through valleys at the edge of the moon prior to totality the phenomenon known as Baileys Beads became visible The eclipse began at the Sakhalin Islands just north of a-pan and its dark shadow moved across Siberia and Alaska through Canada and over the Atlantic to vanish south of the Azores Dusk struck the Alaska area about midmorning and University of Alaska scientists carried (Timet Newt Service) ROME Secretary of State William Rogers conferred with Italian leaders Monday The Middle East was a major topic Premier Giulio Andreotti and Foreign Minister Giuseppe Medici told Rogers that Italy is vitally interested in an early President would ask Congress for authority to grant most-favored nation treatment to the Russians The formula being worked out by Nixon administration officials would include the settlement of the Lend-Lease debt at a figure large enough to satisfy the administration but with an interest rate low enough tp meet Soviet objections One White House aide said that MEMBER OF THE ASSOCIATED PRESS The Associated Press is entitled exclusively to the use of all the local newt printed in this newspaper' as well as all AP news dispatches SUBSCRIPTION RATES Home delivery by carrier 71 cents per week Mail Area A outside Rutland in Ver- to watch the eclipse darkened 795 per cent sun there Branley recounted how in ancient times an eclipse was believed to be the result of a dragon swallowing the sun To force the beast to disgorge the sun witch doctors and other practitioners of such arts chanted and danced until the sun reappeared Scientists from Canada's National Research Council were in East Quoddy Novia Scotia 85 miles northwest of Halifax shortly before the eclipse moved out into the Atlantic From there they launched four 18-foot rockets into the upper atmosphere to send back data on the effects of the eclipse The last major eclipse in this part of the world was March 7 1970 An estimated 10000 persons came into Antigonish for a celebration but clouds marred their view of the celestial show The Greek liner Olympia carried 800 passengers on a trip into darkness in the Atlantic off Nova Scotia Overcast spoiled advance plans by Seattle viewers The amateur astronomical society said The sun was so fuzzy At Spokane Wash many professed not to have heard about the eclipse but one woman said she had locked up her dog so he wouldnt hurt his eyes if he was dumb enough to look at it The Massachusetts Eye and Ear Infirmary put on extra help as it was inundated with telephone calls from eclipse watchers who feared eye damage A few reported symptoms that could indicate some dam-Plaq-age In contrast the Eye Institute reopening of the Suez Canal because of Italys dependence on a gerlM of rocket aunch ings designed to record data Persian Gulf oil for its mont Grafton and Sullivan Counties in New Hampshire and instead of announcing that Washington County in New agreement was reached on 3500 York: one month $350 three million at two per cent over 30 months 5900 six months $1050 years the two sides might fllP-SZAVICI DIPT STC2S3 CAMERA DEPARTMENT important and expanding refining industry The Italian leaders stressed Romes good relations both with Israel and the Arab states and offered support for any diplomatic move that would ease tension in the Middle East and permit the unblocking of the Suez Canal Rogers briefed the Italian premier and foreign minister and President Giovanni Leone on and President Giovanni Leone on one year $3000 Mail Aren balance of New England New York and New Jersey: one month $375' three months $1125 six months $2250 one year $4100 Mail "rea all other settlement states EAST of the Mississippi tn River: one month $400 three simply set in 30 equal reference In addition would tell they agree national a flat figure to be paid installments without to an interest rate the administration the Russians that if to a Lend-Lease efforts would be secure most favored treatment from 1 REPLACEMENT FILM 1 from the moons passage between the sun and the earth An Air Force jet heavily laden with scientific gear took a team of astronomers to an Arctic Circle rendezvous with the eclipse From 39000 feet aloft the scientists hovered over their instruments during 225 seconds of total obscurity of the suns rays In Salt Lake City the Hansen blocked off a set up three telescopes These projected the 20 per cent eclipse visible there so viewers could see it without exposing their eyes to the dangerous direct rays Dr Franklin Branley chairman of 1 ths Hayden etarium in New York enter- months $1206 six months $23 W- i A p-naHl Congress But if Congress fails President Nixons visits to Mail Area all states aPPro'' in a certain period Peking and Moscow on the Tj Planetarium Receive A Fresh Roll Of Color Print Or Black And White Film When Yon Pick Up Your Developed And Printed Roll Of Black And White Or Color WEST of the Mississippi River: time the deal would be off one month $450 three months lb sd of World War II the $1350 six months $2500 one Hmtd States decided that year $4000 Russia owed $26 billion for Mail to Armed Forces mem- Ivdian goods that were still in bers outside Rutland within ase and wrote off the cost of war the US: per month $250 material Print Film Neverpy Another Roll Of Ever Again tamed 1000 persons who gath- of New Jersey said it had no ered in the Central Park Mall calls about eye injuries Good News For Lovers Of Good Food! LAMOILLE COUNTY BANK Vietnam peace talks and on other US diplomatic activity Rogers arrived here Sunday night from Yugoslavia where he had a long talk with President Josip Broz Tito Earlier Rogers had been in Athens Bucharest and Budapest An official statement issued after Mondays talks stressed the excellent state of relations between the United States and Italy and noted that the cordial atmosphere surrounding the secretary's visit was in keeping with the traditional friendship between the two countries Rogers is scheduled to have a private audience with Pope Paul VI in the Vatican Tuesday morning and is expected to fly back to Washington Wednesday morning He originally had been scheduled to return to Washington Tuesday Aides denied that the change in plans was due to any hastily arranged secret talks or any other diplomatic business The secretary simply wants to relax and play some golf a US official said rwrte 44 brinrurCle S024S4-7723 Established 1889 STOWE HYDE PARK MORRISVILLE VERMONT NOW OPEN EVERY DAY For LUNCHEONS and DINNEBS DIRECTORS 12-2 SUNDAYS (BOTH 12-9) A Little Off The Bootoo Path But Wttf Worth ThsDrivt Proctor Poge President JUNE 30 1971 Max Davison Farm Consultant Ralph Terrill Life Insurance Statement of Condition ASSETS 'JUNE30197J US Obligations 167691203 Municipal Obligations 141208372 Other Bonds and Securities 34667570 Loans 1258738322 Cash and Due from Banks 86626217 Bank Buildings and Equipment 30914500 Other Real Estate 392612 $1720238796 132557200 126950155 41317427 13761941 1 105550759 Proctor Page Jr President-T reasurer Essex Publishing Co Lester Anderson Executive Vice-President and Treasurer $1575159244 Sepp Rutchp President and Gen Mgr Mt Mansfield Co Gale Shaw Jr Vt Representative Beconta Inc $1437714855 20000000 25000000 50000000 20796309 2 1648080 Jonathan Gates President and Treasurer Bell-Gates Lumber Co LIABILITIES DePsits $1527857361 Capital Notes 20000000 Capital 25000000 Surplus 50000000 Undivided Profits 31J 73147- rft Reserves 26208288 Bills Payable 40000000 $1720238796 Harry Parker President Parker Stearns Inc $1575159244 Thomas Amidon Attorney OFFICERS Proctor Page President Spend less for a brandy and you buy a lesser brandy Spend more for a brandy and you make a foolish purchaseD Spend time with Coronet and youre exactly right per annum on Savings Certificates of two years or more Minimum balance $500 Interest paid quarterly 1 fYf Perannum on Savings Cer-i tificates of one to two 2" years Minimum balance $500 Interest paid quar terly Lester Anderson Executive Vice-President and Treasurer Proctor Page Jr Max Davison Vice-Presidents $005 $1fi70 Pint Qt XWttGi Gal Heber A Shanley Asst Vice-President Every Day Interest paid from date of deposit to date of withdrawal on Special 90-Day Notice Accounts Minimum Balance $500 Withdrawals On 90 days notice 41 Pr annum -on Regular '''Savings Accounts EARN 4 EVERYDAY INTEREST FROM DATE OF DEPOSIT TO DATE OF WITHDRAWAL Compounded quarterly provided there is $10 or more in the account at the end of the quarter Sterling Souther Asst Treasurer Trust Officer All Savings Cartificatas and Deposits Insured up to $20000 by the Federal Deposit Insurance Corporation Bonk by Mail-Potlage PQid Beth Ways Gordon Powers Ardith Russell Assistant Treasurers Coronet VSQ The Brandy ofYfery Special Quality We Help Things Happen in Lamoille County I 'v EIGHTY PROOF OBRANDY DISTILLERS COMPANY NEW YORK NY.