Hope Star from Hope, Arkansas on February 6, 1968 · Page 4
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Hope Star from Hope, Arkansas · Page 4

Hope, Arkansas
Issue Date:
Tuesday, February 6, 1968
Page 4
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m , frtnuj 8, (Ml U.S. Doinf Utf/t About Inflation Associated Pfess W A g K t N 0 f 0 K (AP) *- WhSt's the gbwnfnent going td do about inflation? Mot very it appears, tf» looked for ft ftovel of dr&rhaUe inti»lnflation plan la President Johnson's Eeoftom* id message to Congress last week were disappointed, He ctme up with a plan for a committee— ftfld with a renewed pleft for the 10 per cent surtaa *hleh the Mouse Ways and Means Committee has shelved three times, Some expected Johnson to propose a revision and revltall* zfttlon of wage-pride pldepbsts* Others looked for a plaa to set up, an advisory board to give guidance on pending major wage and price decisions. Nothing so definite was stig* gested, although the new five- member Cabinet Committee on Price Stability apparently will try to find a substitute for the virtually defunct guldeposts. Meantime, said Johnson, unions and Industry should refrain voluntarily from "excessive wage settlements or unnecessary price hikes." But how can a union negotiator be expected to settle for anything less than he can wrest from an employer, when he knows 1968's Inflation will ett away three, four, or possibly live per cent of his unionists' paychecks? And why should a businessman—unless he has fat profits in sight— be expected to reprint last year's prices in his 1968 catalog when he gave a 5.5 per cent wage Increase in 1967 and faces another one, perhaps Just as big, in 1968? The fact Is, as Johnson's message acknowledged, that a classic wage-price spiral has been set awhirl. And that It cannot be halted in 1968, regardless of higher taxes or anyone's private sacrifices. It could be slowed by prompt enactment of the surtax, the President told Congress. And if there is also labor-management restraint, reasonable stability may return by 1969 or 1970. ', But with business activity heating up "and with labor unions building the expectation of further, jprlce rlses.lnto their wage "demand^ there' Is danger the spiral will accelerate," Johnson said. "The longer It MPt (*H) STM, Nfftf ttr Milt 5. Koreans Irked by U.S. Talks COMPUTEK CONTROL center regulates largest blast furnace to North America. Battery of Instrument! monitor furnace's iron-making operations Tor Voungstown Sheet & Tube Co.. Indiana. runs the harder it is to stop*" Some congressional critics complain he is trying to stop the runaway with a rubber sword. The Cabinet committee is under orders not to get into any "specific current wage and price matters," but to foster restraint and cooperation among Industry, labor and the government, and to undertake these two further assignments.' — To seek out causes of Inflation In "problem industries," and then to propose special remedies — private, governmental or both. — To confer with representatives of business, labor and the public "to attempt to reach some consensus on appropriate general standards to guide private price and wage decisions." But the task of finding and eliminating inflationary hot spots, industry-by-lndustry, is a long^erm undertaking. Some officials say it may help prevent the next Inflation but won't help much in cooling this one. And the quest for a "consensus" on workable and acceptable noninflatlonary guideposts has been under way—by economists, high officials, foundations, Industrial relations experts and the President's Advisory Committee on Labor-Management Policy—for two years or more. The goal hasn't been sighted. The American consumer may as well buckle down to the hard fact: There's nothing In sight to prevent Inflation from eroding his buying power throughout 1968, probably through 1969, and possibly longer. Nixon Aims for the Form Vofe Too By RELMAN MOR1N AP Special Correspondent APPLETON, Wls. (AP) During his campaigning in Wisconsin, Richard M. Nixon is aiming not only to win the state's presidential primary April 2, but also to capture the farm vote If he becomes the Republican presidential candidate. Wisconsin will be the first major test of strategy on farm policy," he said. The former vice president says he places the greatest importance on the farm vote, even though farmers represent only 6 per cent of the work force. "The farmers' position can make ail the. difference, and this is an area where I hope to have a new approach," he said. Nixon went Into his second day of courting voters In the Badger State today, embarking on a grueling schedule with Ap. pleton, the State University at Stevens Point, and Fond du Lac on his list. He prepared a Lincoln Day dinner speech for the third stop, and planned to go on from there to Milwaukee to spend the night. He called the Wisconsin primary "a critical one" both for Romney President and Mrs; Milliard Fillmore started the first official White House library. him and Gov. George of Michigan. In a news conference in Green Bay, Nixon attacked the administration on the question of credibility with respect to the war in Vietnam. ;, ,"\; . ^ ; . .:: u '"i •. believe' 'We ad'ministratloh' now should rethink its own internal Information in the United EXTRA READ ALL ABOUT IT!! I REAL SAVINGS AT REPHANS. - Hope Downtown Value Day - Wednesday, February 7th. - BIG TABLE OF B-A-R-G-A-I-N-S 49 Corduroy & Denim \ JEANS Only One Rack DRESSES Just And 3 Mens SHOES Now 3 00 Ladies BLOUSES A Real Buy i \\ FREE PARKING DOWNTOWN HOPE WEDNESDAY FEB. 7th, 1 Group LADIES SHOES sooo 1 Tai?!§ PRINT MATERIAL ••••••••••••••••••••••• Close Out Children & Ladies SWEATERS Many Style§ T© Ch@©§§ Nljeen said* "I think It's unfortunate that over the pftst t*t> or three months, we have had these glowing reports out of Washington indicating that the war Is going better, or that peace Is Just around the corner," Nixon agreed that no one In Washington had used exactly these words* He went on to say, "our ap» patently hard Intelligence indicates that not only Is the enemy capable of doing what he did in this- last offensive, but reading the morning reports, he Is capable of doing It again. "And I think the Johnson administration would be much better advised to tell the American people the truth about the enemy's strength, the enemy's In- tentlons, and then tell the American people that we are not going to cave in to this kind of assault. That message would have a dramatic effect In shortening the war." Romney Has Rockefeller Support By WALTER R, MEANS Associated Press Writer NASHUA, N.H. (AP) George Romney reports that Nelson A. Rockefeller's rising presidential ratings have not altered the New Yorker's determination to support him for the Republican nomination for the White House, Bearing that message from Albany, N.Y., the Michigan governor : plungesr today into a now. round of talking, touring dnd hand-shaking in his campaign for New Hampshire's primary. Romney and Rockefeller traded praise Monday night on two Albany platforms. Even while his own popularity poll rating declined as Rockefeller's rose, Romney said, the New York governor "has not wavered one whit In doing everything he could to help win the nomination." For his part, Rockefeller, who said repeatedly he will not be a candidate, called Romney "the man the Republican party needs in this time of crisis, the man we want for the Republican presidential candidate this fall." Rockefeller sent his own airplane, the Wayfarer, to New Hampshire to fly Romney to and from appearances before the New York State Society of Newspaper Editors and a $50 a plate fund raising dinner attended by more than 600 Republicans, William R. Johnson, Romney's New Hampshire campaign chairman, said the Albany exchange could help blunt any effort to mount a write-In campaign for the New York governor in the March 12 presidential primary. Such a write-In could cut Into Romney's support In his race against former Vice President Richard M, Nixon. Romney and Rockefeller conferred privately in the New Yorker's limousine before the Michigan governor returned to New Hampshire. Romney refused to speculate on the course he might take i/ his own presidential campaign falters. "I'm lot going to en< gage in hypothetical discussions," he s^W. And when a New York editor asked who Romney would support for the nomination if he can't get it himself, the governor repUed; "My campaign is going to be successful and I expect to win i« New Hampshire, and 1 expect to win in Wisconsin, and I expect to go on and win the nomination anl the election." Romiey interspersed his talk of Republican politics with a series of assaults on President Johnson. "We havt a great credibility gap in this country," Romiey said, adding that was demonstrated by the crisis over the North Korean capture of the intelligence ship PMettlo. "After twj weeks we finiliy find out that probably that ship violated territorial waters," he said. He slid that Johnson "In my opinion is lealing this nation to miiution." Another Cardinal Succumbs ByK, C, As.wi»»ed Press Writer SEOUL (AP) - South Korea complained officially to the United States todfly Stout its negotiations with the North Koreans to get the erew of the USS Ptieblo released, A South Korean protest note fhrentened Independent action unless the United States psld more attention to the Communist threat to South Korea, Government sources said the South Korean ambassador to the United States, Kim Dong-jo, has been called home and Is expected to bp given fresh Instruc* lions for dealing wtih washing* ton. In the South Korean view, the United States should pay more attention to the coftstufit fnflHra* flteR of fiortft acro.fi tnt- witf th« Hie Par* twn to th« scltttr* of tM P\«blo and It* 63 statt ttepflftmeit in Washington* mesn^hfte, said there was no truth to ft report by South Korean sources twit the body of on« dead Pwb* lo sailor hftrf been handed owr to Am*rlcan officials, And Secretary of Stall? D>ftn Rusk dls- ml*s«ti reports In the South Ko- Thc sdTOt <<tfl»lflWwtor, thi rean press that the United R«V Nbritwn Uw»K*s» tem< States *ould apologlte to fforth ™<n nltltnnttim Frtdny, Korea for the Pueblo's alleged "f tft ^ p Unwfft greeted th« "intrusfon" Into North Korean tww 'y sfw w stwfeiita *fth , waters In exchange for In* rt« proving rpmnrk*? "That's the lease of th«* surviving crewmen. ^**} tlm€ ''^ **<M VO'"* The growlni tension between or >f the .UA and South Korean governments produced the first North Didn't Think * He'll Pa If CONCORD, jr.|f. (AP) didn't renlly thtnfc Ite ft," Mtt fh* (f**«ff M student us a barter ttepft ting tft£ tjtrtjrs cjtsr hts <jy$$» Thf sfmtent w«s <5n<* fif 18 « Bishop Brady Roman CftthoHd Ht|h School who didn't heed A warning to pt haircuts by Men* day, Tn*y found fnemselves «ts| route to the barber In a school recalled you, . " Soutff administration at the Vatican. Pope Paul Is reorganizing the Curia to put younger prelates with, more'modern Ideas Into key posts. Most such posts are traditionally filled by cardinals, and this adds to the prospects By GERALD MILLER Associated Press Writer VATICAN CITY (AP) - Another cardinal of the Roman Catholic Church has died, and as usual speculation is growing for a consistory soon, that Pope Paul VI will soon call With many changes under a consistory to create more way in the Curia and with the princes of the church. Tha con- church's needs e x p a nil t n g clave Is expected before Easter, around the world, Pops 'Paul Is April 14. expected lo elevate a scorn or Paul Marie Cardinal Rlchaud, more prelates (o the cardinal- archbishop of Bordeaux, ate, enlarging the Sacred Col- France, died Monday. He was lege once again to record size, the eighth since the consistory last June 26 at which the Pope Increased the Sacred College to a record momlwrshlp of 118. Another major archbishopric was left vacant by-the. death In December of Francis Cardinal Spellman, His archdiocese of Now York Is the church's richest In the United States. Vatican observers expect the Pope to fill the Bordeaux and New York posts before long, as well as the archbishoprics of Montreal and of Zagreb, Yugoslavia. Because of the Importance of the posts, the appointees probably will bo cardinals or will be elevated soon after they are chosen. The archdiocese of Montreal, the largest in Canada and In the British Commonwealth, was headed by Paul Emlle Cardinal Leger, who resigned and went to Africa In December to work • as a W^gsl^nap^amQngil^pejs. Tlie* archbishop of Zagreb, Fraf]o . Cardinal Stjper, wns transferred to the Vatican last month to head the Sacred Congregation for the Doctrine of the Faith. Some of the cardinals who have died since ths last consistory were longtime mernliers of the Curia, the church's central anti-American demonstration in Seoul in ftvi* years. About 50 placard<arryine students from Churtgftng University paraded outside In? U,S« Embassy, denouncing tho secret U.S.-North Korean talks and urging the United States to "Immediately stop its appeasement policy" toward North Korea, Meanwhile, Premier Chung Il-kwon handed a protest note to U.S. Ambassador William J, Porter registering official opposition to the secret U.S,«North Korean talks at the truco village of Panmunjon* Porter was also told that unless tho United States chants its "lukewarm attitude" toward the threat of a Korean Invasion, "may havp to take ertU self-deifeflss measures," This WM considered a that South Korea might bring" hom« its tough 40,000-man forcS" fighting with the allies In Vtets J nam or possibly take th« ! ',- 360,000-m9n Korean army a!" home away from U,N. control to-* meet any Communist threat h>* ( Premier Chung asked the to take "firmer stands',, against North Karon and also open future Panmunjon talks- to th« public, a South source reported, A "dossier" is a report some incident or detailed formation concerning a per son, ori" " Hope Downtown Value Day f ' White Shirts HATS REGULAR PRICE $20 (NOT ALL SIZES OR COLORS) Rob Roy Shirts J5O LEAF RAKE Long Handle .22 CARTRIDGES SoU N Pric« 22 flexible uccl teeth Ideal for spring'cleanup 4».ii4-» I I III IU. I \s FURNACE FILTER 39* Salt Price Treated with h«x«chl<m/phrne bit fre»h, clean air Popular Box of M) 22 Reusable plaitic box. M jw ,21 Un« KlfU •ox of SO 67' tf^ft TRANSISTOR BATTERY NOW Powerful c )<voll ir>i rawta/is Si toy* «*-4M i CLOTHES BASKET $0/9 Pf/C* 38* LitfhtMrjghi. durable plautc. Stain RAY-O-VAC Flashlight iftd latteries 88* -fresh SPRAY PAINT SAVE Reg. 884 66 f mi&uit;. No s button 10 ('hone ut lulorv >'J '' 110 EAST 2nd, STREET SHOP DOWNTOWN HOPE • FREE PARKING WED. FEB. 7th,

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