Hope Star from Hope, Arkansas on March 11, 1968 · Page 9
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Hope Star from Hope, Arkansas · Page 9

Hope, Arkansas
Issue Date:
Monday, March 11, 1968
Page 9
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r, H** n, mi to G*t Active ;fl£w YORK (Ap) * More 26 lop Republicans, sum* d to a strategy meeting rith Gov, Nelson A. Rockefeller iritis* Fifth Avenue apartment, ,ave urged him strongly to be* joirie "an announced and active Candidate" for the Republican residential nomination, A spokesman for the group it' Included seven governors, ftree U.S. senators, five congressmen and Miyor John V. Lindsay of New York, said Rockefeller would decide about r _ into the race after con* suiting "with other party leaders ft the nestt few days, Rockefeller, who has main- ained he wduld not be a candl- late unless there was a draft, •'no comment following Sun;y r s two-hour, closed-door trategy session. Gov, Tom MbCall of Oregon, ,ne of those at the meeting, said rged the New York gover- ior to challenge former Vice president Richard M. Nixon in the" May 28 Oregon primary. Rockefeller has until March 22 te>'declare himself out of that election, McCall said Rockefeller's can- ildacy Was "ho longer an abstraction" following the meet- Eng,,Asked' If he thought It con- tltuted a draft, McCall replied: _ 'Well, it's almost irresistible." Sen, Hugh Scott of Pennsylvania read a brief statement to newsmen that said there was very strong sentiment" that Rockefeller get into the race as t ''an announced and active can- idate." Asked if all those iresent had endorsed Rockefeller's candidacy, Scott said the statement spoke for itself. A written statemont was not given out. Scott read from notes, which he retained. The statement said Rockefeller "will consult other party leaders In the jiext few days and his deal- ton-will ultimately be made by imself." ,. Lindsay said he believed ever- on^at the meeting subscribed o the • statement and that he ilmself approved "100 per :en|i" It was the first known meeting between Lindsay and Ro4jjefeller since they clashed 3vei| ways^tq end New York's recent 'garbage collectors strike. Tne'?meeting came onlv twcv y^t,, beforeiTOSBng^lh* r thi^lw 9 Hampshire primary where Nixon is^expected to collect a victo- Ntton, who lives in the same building as Rockefeller, was not invfted to the meeting. Rockefeller aides said the meeting was called to discuss Ihe state of the GOP since Gov. George Romney of Michigan who'-was backed by Rockefeller, withdrew from the race, leaving Nixon the sole major contender in New Hampshire. Romney was invited but declined to attend, saying he does not'engage in politics on Sunday." Scott said the statement he read; was subscribed to by Rep. John Dellenback of Oregon, Splro T. Agnew of Maryland; Gov. John Chafee of ode Island, former GOP na- ional chairman Meade Alcorn nd former Rep. William D. Miller of New York, Barry Idwater's running mate in the 964 presidential election. Miller, considered a conserva- ive Republican, said he felt Space l« nol "fjir out" for Girl Seoul* exploring career opportunities. ThMo Girl Scouts arc RcttlttK a solid background In space travel from a man who knows what It's all about—astronaut Gordon Cooper. Touring Ihe Manned Spacecraft Center In Houston, Colonel Cooper showed Cadctlc Scouts a replica of Ihe l2'/2 ton LEM spacecraft, which Is part of the Apollo project. Girl Scout Week, commemorating (ho organization's 56th Birthday, will be celebrated March 10-16. Treasury Moves on Tax Reforms By JOSEPH R. COYNE Associated Press Writer WASHINGTON (AP) - After more than a year of study, the Johnson administration has started down the road to tax reform in its plan to eliminate the exemption for state and local Industrial development bonds. Before the total job is completed, the nation's entire tax structure is likely to come under congressional scrutiny, including the controversial 27V 2 per cent oil depletion allowance. Although the administration has yet to unveil Its long-promised tax reform package, the Treasury Department has decided to move on its own to end what it considers an abuse of tax exempt development bonds issued in the name of states and localities. In reality, the Treasury said, these^are nothing^more than a get a cheap interest rate for plant expansion and thus represent a federal subsidy. Because interest on the bonds is free of federal income taxes, they can be floated at a lower rate than regular corporate bonds. The Treasury can eliminate the exemption by administrative action because the bonds Rockefeller's candidacy was "vital for our party." When Rockefeller arrived at the meeting from his homn in suburban Tarrytown, newsmen swarmed around him and asked if he might announce his candidacy following the meeting. "No no," he said. But he also said: "I'm ready and willing to serve if the people want it." It was anticipated that if Rockefeller did decide to become a candidate there would be no announcement until after Friday, the closing day for entering the Nebraska primary. Nebraska is considered firmly in the Nixon camp. §!owe/d Down Garbage* Man CAMBRIDGE, England (AP) — Prince Charles wrote his first piece for the Cambridge University magazine, Varsity, and now the singing garbage man comes around two hours later. Charles, 19-year-old freshman, wrote last week of "the monotonous jovial dustman's refrain of 'Oh Come All Ye Faithful* and the headsplittlng clang of dustbins" below his Trinity College window around 7 a.m. Frank Clarke, 46, driver of a garbage truck, admits being the singer and noted that his department changed the college collection time to 9a.m. Commented Clarke: "I'm sorry If I woke the prince up, but being an ex-army man I think that 7 a.m. is time enough for anybody to be up and about." As for Ms singing of the hymn, Clarke said, "it's a good deep tune and I've got a deep ' fit Oregon End Pr/ion It/of B? PAtJLW. HARVEYJR Associated Press Writer SALEM, Ore. (Ap) - A cleanup and rebuilding job Is ufrtefway at Oregon's State Penitentiary after rioting convicts won & change in the command of the prison by burning most of it down. the inmates released four guards Sunday after holding them hostage in the prison yard overnight. They had won almost every, thing they asked, including a promise that they would not be prosecuted for thelf orgy of fire, window-breaking, and smashing everything in sight. prison officials estimated damage at $6 million. George W. Randall, state director of Corrections, agreed to the demands, presented by six convicts representing the prison population of 1,156. The demands were presented shortly after midnight Sunday. Randall walked Into the prison yard with several reporters to talk the prisoners into releasing their hostages, He told the prisoners there would be no reprisals, "I've never lied to a prisoner, and Pm too old to start lying now. We won't harm anyone," he said. Randall agreed to fire warden C. T. Gladden, 73, who had served 15 years, Gladden, lllfor six weeks, was not on duty during the riot. The riot started, apparently with no advance planning, Saturday afternoon when a small group of convicts seized the control center, the nerve center for all operations inside the walls. That .gave them control of almost all of the prison. Most of the convicts soon Joined In the riot. By their burning, the prisoners destroyed all of the prison's rehabilitation facilities, more than half of the cells, and the means of preparing food and feeding the prisoners. All of the offices of the treatment officials/such as the chaplains, sociologist and counselors, were destroyed. The prison hospital was se- verely damaged, the industrial plants, which provide vocational training were destroyed, Hie damage* touched off speculation thai ft special session of the Orefoft legislature would be needed to finance reconstruction. As soon as the hostages were released, prison guards and state police forced ail of the convicts Into the recreation yard, they stayed there Sunday night, because making the ceils livable will take at least until late today, One of the guards who was held In the yard satd, "tt was the longest 11 hours of my life," Someone asked the guard, William Lowory, 27, if he was frightened. "Are you kidding?" he asked. Lowery said the riots were caused because /'everyone was talking about the problems and no one was doing anything about them," Other demands which were granted Include better medical treatment, more liberal visiting and correspondence privileges, an Inmate council to air their grievances, a better prison store, less forced savings from their pay, better food In the segregation section, and making the work-release program available to more prisoners. When the riot began, 40 guards were In the area controlled by the convicts. Some of them escaped, som* wore rescued, and some were helped out by friendly convicts. About 12 were held by the prisoners as hostages. These were released one at a ttmo until only the final four were left. There were no serious Injuries among the hostages. A few suffered bumps, cuts or bruises. The Board-of Control,'which administers the prison, will appoint a new warden this week. Randall has named Hoyt Cupp, assistant superintendent of the Gjegon Corrections Institution, a$acUng warden, Revletirs Legislature ft* M» A R V to Ine fcC,^ & * * IMI»J» t ai » InftC w§ f§ wirtTttial nafttf*Uy;' ? "flrt IP* difficult if not impossible to ^-UtttK* ***fc Mttl ifti «Vtt(4kiVkf 4lflV ?* Coin6 up WitTv any In ing. A major obstacle to proving I link to a gwernment iitsWf f I* getting a star ling point. Given one individHM s name 1 , SEC .in- 'vMtlgalors ean por« otef tttotf- sands of brokers' mar M tf *««< actions until th«y find wnal the individual traded, Given a stock narms, probcra can se« tt government or congressional insiders torn up among triers tn that Issue. But & category aa broad a* defense- related Issues mikes an Investigation exceedingly difficult. One individual's purchase or even of enough shares to Rep. Talbot Feild, Jr., speaking to the Hope Rotary Club last Friday at the Town and Country, reviewed the events of the recent special session of the Arkansas Lelgslaiuro. He discussed legis- Loglslature. He discussed legislation for the schools and prison reform, and he said that In about 90 days a second special scission would be called to deal with Industrialization. He mentioned the controversial Lynn Davis bill, and he offered high praise for Mike Frost, a tnomber of the newly organized Departmont of Administration. The program was arranged by Dorsey McRae, and in his absence, Albert Graves Introduced the speaker. President Clyde Fouse was in charge of the mud- ing, and Jim Pruden read a portion of a letter from Capt, Jack Uoyd concerning a clvlliarn project in Vietnam. The Rev. Milton Smith of Little Rock and Don Green of Texarkana were visiting Rotarlans, and Leroy — B.N. Holt photo with Star camera TALBOTFE1LDJR. Little Rock was at- Etledge of so'a guest. TREASURY From (Page One) consecutive day. Analysts cited uncertainty over the possibility of war at) one cause. The next morning—before Johnson's announcement that reservists would be called up—stock tn aerospace and defense Industry firms—helped spark a market upsurge. At the time, the advance was described by analysts as technical. For a time- after Johnson's announcement, most stocks dropped. But the aerospace and defense-related Issues kept climbing. By day's end, the gains Included McDonnell-Douglas up 2, Boeing and General Dynamics each up 1%, United Aircraft up 2% and Raytheon up 4*4. A spokesman for the Securities and exchange Commission, which polices the market, ac- profit htm thousands of dollars, may nuke no dent In over-all market activity, Thus suspicion may never arise, Links are even tougher to trade tf the Insider merely tells his brother-in-law to snap up a certain stock. to October 196S, Rep. Robert Dole, R-Kan., asked the SEC and the Defense Department to investigate heavy trading in three aircraft companies 'during two market sessions immediate' ly preceding announcement that a $2 billion government contract had been awarded. During the two sessions. Lockheed, which got the contract to build the C8A transport plane, rose 3^ points, tlie losers, Boeing and Douglas, dropped 7% tiitl 4 Mi respectively, Whether Congress will take stops to Insure against Us own members using Inside Information for stock market profits should soon become apparent, The Senate Ethics Committee is expected to unveil shortly its proposed standards of conduct. Thsre are indications it will comment on such dealings as part of its recommendations on conflicts of Interest, The "Codo of Ethics for Government Service" adopted by Congress in 1958 says any person In government service should "never use any Information coming to him confidentially in the performance of governmental duties as a means for making private profit." Violation of this code can bring dismissal but a Civil Service Commission official said he could find no Instance where an employe had been fired Moore Bros. Serving You Since 1896 PR 7-4431 — We Deliver Pound Sack Potatoes iGrade A Large White Eggs 3 I Sliced Slab Bacon Buttermilk Biscuits were originally declared tax exempt by a 1954 Treasury ruling. ».^&r^?ury'%jfflci8fls|sald they,.'are doing hard-pressed state and local taxpayers a favor by moving now. Industrial development bonds Issued in the name of a local government—at least $1.4 billion worth were issued last year- compete with regular municipal bonds and thus drive up their cost, the treasury said. And when a local or state government must pay a higher interest rate, the result is higher property taxes, sales taxes and state income taxes. The effort to push through this reform—which many states have requested—could be the easiest faced by the Treasury in the long list of reforms to be unveiled. They reportedly will be made known after Congress begins to act on the 10 per cent Income tax surcharge proposal. The administration wants to keep the surcharge and tax reform package separate. Tax reform legislation is expected to take at least a year to move through Congress after it's submitted, The over-all reform program is expected to cover charitable foundations, estate and gift taxes, multiple exemptions enjoyed by some corporations and perhaps a minimum tax for the very rich who are able to avoid taxes through large charitable deductions and depreciation. No change in the Zl% percent oil depletion rate is expected to be recommended by the White House but some members of Congress have said they will try to lower it. The industrial development bond was designed originally for use by areas of high unempjoy. meat to attract job-producing industries. But in recent years companies have threatened to take their business elsewhere if they didn't get the cost*saving advantage of an industrial development bond signed by a local government, officials said. More than 40 states ROW authorize us of tax-free ponds, som* of them simply to prevent industry from moving elsewhere. North Carolina only recently authorized their use—but at the same time asked the Treasury to eliminate the tax exemption altogether. When the tax exemption was granted, the Treasury defined an uviustrial development pond the obligation of a state or Jo* cal government, thus providing a tax exemption on the interest. Now the Treasury P*a n s to repeal this definition on bonds issued after March 15. / dofou electtft ffeat ffeats? toiling! — Mating cable built your wilingj provides h«4l which, like jhioi, warm* you instantly and cleanly. into $un- Electric Baseboard — fits neatly iHint the wall it floor level and can be palmed to match walls. Same pleasant tadiant warmth. Electric Furnace — circulates littered «irm }ir; tucks out ol the way space n»ail/ in i ctetl, attic, or any Heal Pump — prr<id«» and cooling from on« unit, air, humidili«s and dehumidifiti h»|ti«| There are the four principal ways Arkansas folks by the thousands are heating their homes electrically — for the cleanest, most comfortable home heating of all. All types are easy to install and most economical to operate, because with them goes AP&L's special low winter heating rate. Building a new home or remodeling an glder one, give it the best in modern comfort — electric heat. FRit SQOKi£T H iw didnt ut tin! booklet in y«gf MarcJ) BtlUr Homes 4 Gardens, »u lor a free copy at your AP41 older It's lull of eye opening fads that ttll you )ll about modern electric h*ati»|. ARKANSAS POWER & LIGHT COMPANY

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