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Rutland Daily Herald from Rutland, Vermont • 2

Location:
Rutland, Vermont
Issue Date:
Page:
2
Extracted Article Text (OCR)

i A 1 i RUTLAND DAILY IIE2ALD SATURDAY MORNING JULY 15 1571 Fighting in Belfast Is Extremely Heavy Nations Buy More Unwanted Dollars Add $15 Billion to Their Oversupply Ration to worry about without importing any more So they have been tightening controls to keep the dollars away Not without some misgivings Karl Schiller the West German minister of economics quit his job because he doesn't like controls a decision that could cost Chancellor Willy Brandt the next election Even Switzerland the home of financial freedom has joined the game These days any American who wants to open one of those famous Swiss bank accounts cant hope to get any interest In fact he has to pay the Swiss bank to take his money: 8 per cent a year due quarterly in advance BELFAST Northern Ireland (AP) British troops and Irish guerrillas firing rockets battled across Belfast Friday in some of the heaviest fighting the city has seen Nine persons were killed a woman four soldiers and four derry the provinces civilian men Their deaths largest city brought the three-year toll in Ulster to at least 435 Six of the victims died before dawn and a civilian man and a soldier were killed Friday afternoon in a gun battle he woman was killed by crossfire between troops and snipers while she stood in the doorway of her home in the Springfield Road district A bomb planted in a car on Alliance Avenue exploded damaging six houses Troops dispatched to the scene came under heavy sniper fire In London the Ministry of Defense announced it was sending a substantial number of additional armored vehicles to Northern Ireland Each can carry a dozen troops Battles continued through the afternoon with concentrated as saults on two police West Belfast and on many points city Bombs blasted bars in Belfast and the war-torn center of The British army its low profile policy past three months Divis Street housing half a mile pity center arms and gunmen of Republican Army stayed posted on the roofs and flush out snipers More than 700 troops western outskirts of fought a night-long gunmen operating from Catholic area of a housing development William Whitelaw administrator for the told the House of that 3000 rounds were troops from the Divis complex 4 tii iinrunnrt iwuuwwi rice of the dollar would op far would yen for dry up for foreign businessmen because their goods would cost Americans more American officials see this as the main reason why foreign governments keep on buying dollars at the agreed figure: exporters dont like the prospect of losing business in America especially jut now when Americans look like they have more money to spend Another reason for keeping the Smithsonian agreement is STentS Lnt the ProsPect of marking prospect of marking down the value of all the billions of dollars they own They had to do that last year when the new rates knocked more than eight cents off the valuerof every dollar More important whenever a non-American government buys a dollar it has to pay with its own currency So another 315 marks or 30110 yen go into the national supply of money That makes for more money chasing the same quantity of goods the classic recipe for inflation Most European governments have plenty of their own in- The then Probably it wouldnt but American touris get fewer marks orj their dollars Britain in economic trouble again is an exception Last month the British government decided to float the pound As expected its price dropped making Britain a bit of a bargain for the tourist this summer A fall in the foreign price of the dollar would give US businessmen new opportunities abroad Their goods would be cheaper so they could either sell more or take a bigger profit US markets would tend to Jean Westwood of Utah newly-named chairwoman of the Democratic National Committee and New York Basil Patterson the new idee chairman pose with Democratic Presidential nominee George McGovern in Miami Beach Friday Mrs Westwood is the first woman to head a major party organization Patterson is the first black to be so selected stations in sniping attacks in the and factories damaged London-second abandoning of the stormed the development from Belfasts searching for the Irish Troops developments balconies to on the the city battle with the Roman modern Britains province Commons fired at Street Rocket launchers have also been used in the area by terrorists for the first time he said Declaring this increased the risk of damage and casualties Whitelaw announced he had ordered the army to control the areas from which the attacks were launched Scores of families fearing a violent weekend fled their homes in trouble spots of West Belfast and sought refuge with friends or in churches and school halls The Belfast Telegraph commented editorially on alarming signs that British public opinion is growing more im- Siatient with the Northern Ire-and problem It said the province is becoming an unwelcome member of the United Kingdom because of the action of militants of both sides But there remains a vast majority of ordinary people Protestants and Catholics who are desperate for peace not civil war To talk of taking the troops out of Northern Ireland is to talk of an abandonment to anarchy omen Were A orce at The Convention Even Though They Lost Some Battles flisreraiLA OU lOOTM AMNIVKKSAIIV YKAft ONE ONLY Floor Model Bathroom Outfit Green Tub Green Toilet Green Lavatory REG 19800 SALE 13800 LONDON (AP) Banks the world ever bit the bullet again Friday and bought hundreds' of millions of dollars probably more than a billion and a half that- they didnt want at all Foreign governments already own enough dollars to pay the expenses of the U-S government for most of the year a form of spending that is unlike-' ly to occur to them especially in their present mood West Germany alone holds more than $24 billion its Central Bank having bought $800 million on Friday alone to keep the dollar from sinking below the floor of 315 marks In Amsterdam Brussels and Zurich the dollar also was at the bottom of the officially per- mitted range and only central bank buying support kept it from falling through That would amount to devaluation of the dollar All told government banks in Europe bought an estimated 15 billion dollars the highest figure for one day this year 1116 figure was reached even though Britain is not buying dollars and French exchanges were closed because of Bastille Day In London the pound rose above $246 its highest level since it was rmE to on June 23 It had been as low as $243 and wad valued at $2575 immediately before the tern that would keep happening again float Ministers of finance from the 10 countries of the new Common Market meet in London on Monday and are expected to make it clear to one another just how much they dislike the present situation One of their main objects is to help devise an international monetary sys-it from Speculators and many conservative businessmen are selling their dollars for what looks to them like safer currencies Swiss francs West German marks Japanese yen Last December the worlds major trading nations met at the Smithsonian Institution in Washington and fixed new rates for their currencies They promised faithfully to buy any money offered at those rates The speculators are betting that some countries will break the agreement refuse to buy at the agreed prices and let their currencies float on the open market NOTICE A public hearing will be held on July 31st 1972 at 7:36 in the Northam School Shrewsbury Vt regarding the npplication for zoning variance filed by Raymond and Harriet Chaffee concerning their property on the Lower Cold River Road Shrewsbury Vt OFFERSTHEFINEST BANQUET FACILITIES IN VERMONT MENUS TO IMPRESS YOU NOf YOUR BUDGET GROUPS UP TO 400 ABLY ACCOMMODATED BY AN EXPERIENCED STAFF THt INTERESTED IN THE DETAILS? CALL MR CARROLL AT 775-1345 Now! daily compounding earns you a "bonus every day at MARBLE KESVLARJ AY1NQS ACCOUNTS karat fraa I Sf Sari lilqM WtoOaad 5 5S (APWtrafkgts) right to privacy freedom of choice and individual conscience should be fully respected consistent with relevant Supreme Court decisions Both abortion and code phrases such as the right of a woman to control her own body were used as the battle raged on for two hours There was talk of a Humphrey-Wallace coalition to vote yes for a plank that could discomfort and ultimately defeat McGoverns race for the White House Meantime the McGovern forces were moving ground the floor urging delegates to vote against the plank In the end they won and it was jettisoned We were outmaneuvered and outmanipulated said Betty Friedan a convention observer who had been present at all the womens political caucuses The McGovern supporters were convinced that if the proabortion minority plank were adopted it would brand the South Dakota senator as an extremist But the convention did put its stamp of approval on a 15-point womens right plank This included a priority pledge to ratify the Equal Rights Amendment the elimination of discrimination against women in public accommodations jobs access to educational opjgaftunities tenure promotion higher salaries the availability of maternity benefits to working women and the appointment of women to positions of top responsibility in all branches of the federal government Prices and coupon AIM Kmi SMnn ry I mi INVESTMENT SAVING! CERTIFICATES UOn MtM Cl 0 anKMOMMI A MUM irMn 5V4 tw purnuNi itys tm nwt By NAN ROBERTSON (Times News Service) MIAMI BEACH Martha Clampitt McKay of North Carolina had a drink with a national polling expert Tuesday afternoon to find out how the country felt about abortion Louis Harris told her that the majority of the voters in the South and Midwest were against it Twelve hours later after intensive proselytizing by Mrs McKay and others 48 members of the North Carolina delegation to the Democratic National Convention voted for an abortion plank in the party platform and only nine voted no It lost by 472 votes out of a total of 2673 but the wonder was that the vote was so close and that the plank got to the convention floor in the first place The fact that this explosive emotional issue got there and that its supporters were willing to fighfTor it across candidate lines and against the advice of political pros is one illustration of the impact women have had upon this convention Time and again the 1000 women delegates showed their clout even though 88 per cent of them had never been to a national political convention before They did it simply by being here in force with 38 per cent of the troops as against 13 per cent in 1968 by pushing through for the first time a sweeping plank on womens rights in the persons of Patricia Harris a black woman who managed the thorny credentials challenges from the podium Monday night with toughness and skill and Yvonne Briathwaite another black women who stood on the same spot Tuesday night to preside over the platform debates that did not end until sunrise For the first time women were floor managers for a presidential candidate and Anne Wexler and Jean Westwood helped to seize the prize for George McGovern Friday the Democratic National Committee with 303 members unanimously voted to make Mrs Westwood' its chairman It was the first time in the history of either the Democratic or Republican Party that a woman had been given this job Presidential candidates made a point of appearing before women delegates meetings to discuss the issues That's a revolution right there said Gloria Steinhem But it was not the celebrated ForfeitHolds Chess Match LeitUoubtiul REYKJAVIK Iceland AP)-Bobby Fischer charged Friday that tournament organizers seemed to "upset and provoke me deliberately but an appeals committee rejected his request to replay the chess game he forfeited to Boris Spassky The world champion from the Soviet Union was awarded Thursday's second game in the championship match when Fischer refused to appear staying in his hotel suite beause he objected to three moving picture cameras in the hall Thus Spassky who won the first game was 2-0 In the 24-game series He needs 10 more points to retain the title A victory counts one point and a draw half a point Fischer said that if the forfeit ruling were reversed and all cameras were removed he would go ahead with the match This demand came despite the fact the movie and television rights allowed the Icelandic Chess Federation to offer a record $125000 purse for both players Gumundur Tborarlnsson president of the Icelandic federation said the cameras would be removed but that Spassky's game point would Slay personalities such as Miss Steinhem (who was not a delegate) and Rep Bella Abzug (who jvas) that made the difference It was the women who mainly had not been visible before both the seasoned campaigners and the novices' They won some and they lost some but all of them said we learned a lot in July 1972 And they planned to apply those lessons in the four years that lie between this Democratic convention and the next The initial test came quickly at the very beginning of this convention last Monday night As with the abortion plank delegates were voting on a new subject A man who has attendeed many conventions commented: Only four years ago it would have been inconceivable that the first substantive issue to come up in a national political convention would be whether to seaU more women on a delegation The National Womens Political Caucus had fought for a minority report that would have added nine women to the South Carolina delegates for a total of 16 and shaved the number of male delegates from 25 to 16 thus giving the women a voice-proportional to their numbers in that state It lost by 1555 votes to 1429 But the outcome would have been even closer if McGovern backers had not changed their votes late in the tally for strategic parliamentary reasons The second test for the womens political caucus came on Monday night The convention upheld a Credentials Committee decision that dumped Mayor Richard Daley of Chicago one of the last of the big city bosses and 58 others and seated a delegation with more women and more blacks The women's caucus believes its fervent lobbying helped contribute to the vote The third test producing tears shouting fist-shaking and husband-wife splits on the floor in the middle of the night on Tuesday Was the minority abortion proposal The word abortion did not appear anywhere in the proposed amendment to the 15-point rights of women plank adopted by the convention -The amendment read: In matters relating to human reproduction each person's THE RUTLAND HERALD Publish every morning except Sunday at 27 Wales St Rutland Vermont by Herald Asia Inc Second-class postage paid at Rutland Vt 15701 RIGHTS TO ADVERTISING COPY Rights to layouts ot advertising placed with The Herald which ing piaceu wun ae Herald which oi ns Stan aud by The aid printing material in pp I led Herald rest with The Her- and may not be reproduced by photographic or similar methods without specific autborlxa-tioa of The Herald MEMBER OF THE ASSOCIATED PRESS The Associated Press is entitled exclusively to the ase of all the local lews printed In this newspaper ns well a nil AP news dispatches SUBSCRIPTION RATES Home delivery bv carrier 76 cents per week Mall Aren A outside Rutland in Vermont Grafton and Sullivan Counties In New Hampshire and Washington County In New York: one month I3S6 three months $000 lit months $1456 one year $3606 Mail Area balance of New England New York and New Jersey: one month $375 three months $1125 six months $2256 one year $4166 MiU Aren nil other states EAST of the Mississippi River: one month $406 three months $12 00 six months $2300 one year $4406 Mail Area all states WEST of the Mississippi River: one month $456 three months $1350 six months $2500 one yenr $4400 Mall to Armed Forces members outside Rutland within the US: per month $256 NiHgl Pett Wy MiMita FUEL BILLS HIGH? MARBLE SAVINCS BANK IVTl AND VERMONT TiilfMii 77I-MZ3 SAVINGS On tawORQO Accawrtft di-C I PHONE I i BH LEtTUG Available in Stores with i STAY COOL THIS SUMMER TO Or SC-FOAM insulation the lightweight cavity fit! that combines high thermal resistance with high sound reduction fc -loam is resilient moisture -proof non baming and not losic It flows into and fills odd shape cavities aroand pipes wiring fixtures etc sealing troublesome air and sound infiltration cracks and voids Sets In 40 seconds and will not settle or expand It Is durable and lasting ufc-foam Is foamed Into the cavity usoally thru a 1" bole or by removal of a clap board no tearing apart of existing walls! FINAST rw Service Deli's only All Flavors 12oz can FREE ESTIMATES i i i i mMIAl AC0UIT1C CO INC iH HkiIimS Twwaal littt nM 77I 20II Maas oWm fm aafS NAME ADDRESS Lt: 1 offoctiva in Barra Rut I and So BurlinttonConcordLaconiaNaahua Ktnno or Claremont Sundor July 1972 Wo rosorvo the nhtto limit quantities.

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Pages Available:
1,235,212
Years Available:
1862-2024