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«*•• fttf •athftr Experiment Sfo. tferr report for 24. Hfcari ending at T JuWr. ttoirtctoy, High 82, Low 59, Firms Must Disclose Interest PRESS thuftderstowers most wifiiefous west and north por. ffts jonltht ^ Friday, ^ut i «eo*rfag mainly to the after- aM evening hours, Chance M locally severe thunder- ir chiefly west and north »ril6ns mainly during this eve- m , Low tonight mainly to the 60s and low 70s, Weather Elsewhere By THE ASSOCIATED Albany, fog 70 Albuquerque, clear 87 Atlanta, clear Bismarck, clear Boise, clear JBoston, clear Buffalo, cloudy Chicago, rain Cincinnati, rain Cleveland, rain Denver, cloudy Des Moines, rain Detroit, rain Fairbanks, cloudy Fort Worth, cloudy Helena, clear Honolulu, clear Indianapolis, rain Jacksonville, clear Juneau, cloudy Kansas City, rain Los Angeles, clear Louisville, cloudy Memphis, cloudy Miami, cloudy Milwaukee, cloudy Mpls-St. P., clear New Orleans, clear New York, cloudy Okla. City, cloudy Omaha, cloudy Philadelphia, cloudy 72 Phoenix, clear Pittsburgh, rain Ptlnd, Me. cloudy Ptind, Ore., rain Rapid City, rain Richmond, cloudy St. Louis, cloudy Salt Lk. City, rain San Diego, clear San Fran., clear Seattle, rain Tampa, clear Washington, cloudy Winnipeg, clear (M-Missing) (T- 37 63 77 56 69 39 67 40 64 48 63 44 68 52 70 55 62 52 72 47 58 49 ,67 52 45 38 88 75 50 36 89 77 66 54 ' 60 43 55 M 57 82 68 85 75 66 51 44 65 53 70 49 49 61 49 42 51 45 58 55 37 M 60 54 66 51 87 72 75 '58 '63 30 Trace) fey JOE MALL Associated Press Writer WASHINGTON (AP) ~ Con* gress has sent President J6hn« the annual cost of interest on most loans and credit purchases, "1 am overjoyed that the truth-in-lendtng bill so ardently sponsored by President Johnson has passed both houses," said Betty Furness, the President's adviser on consumer affairs, "It is indeed a victory for the consumer who at last can shop as wisely for credit as for merchandise," Miss Purness added Wednesday, The far-reaching measure, a highly controversial subject on PRESS Capitol Hill for eight years, was debt, - f he flxifig for the first time of strong federal criminal penal* ties against organized loan sharks who extend, finance or Collect payments on efedit with unreasonably high interest, ffie Senate and House enacted the bill Wednesday with near unanimous support. When the bill first was intro* duCed in 1960 by former Sen, Paul H, Douglas, D*lll», It en* countered strong opposition 83 64 62 71 70 70 83 73 84 54 93 67 60 62 52 76 59 62 69 LEGISLATURE from Page One on the measure. Sen. Milt Earnhart of Fort Smith said he turned down an Invitation to introduce the bill, although, he said, he could support it. The bill would legalize mixed drinks in private clubs and permit the sale of mixed drinks In hotels, motels and restaurants on a local option basis. Little Rock and Hot Springs also would be permitted to legalize permits in lounges. The bill also provides for heavy taxes on mixed drinks. Rockefeller said Wednesday that he remained optimistic about pushing his tax program through the special session despite the rejection of his real estate transfer tax bill by a House committee. The committee gave the bill a "do not pass" recommendation and the House later attached four amendments to it, which amounted to a death blow. The bill was considered the tamest of the governor's tax proposals, It was designed to help the penitentiary out of its financial troubles by producing an estimated $400,000 annually, which would have been earmarked for the prisons. Rep. George Nowotny of Fort Smith confessed that if the governor's tamest tax measure was dead, the administration would have trouble getting any of its tax legislation through this special session, Nowotuy later introduced an* other real estate transfer tax bill that earmarked only 50 per eent of the tax revenue for the prisons and the rest for gen* er&J revenues, It also was met with Hostility to the House, By a vote of 36 for to 44 against, toe House refused to suspend the rules for a routine second Sens, Clarence mi of Parkin K» togrftm ol West Memphis introduced a real es« tale transfer tax bill in the Sen, ftte, tt provided for proceeds to be divided between the state licity a&d. Parks Coromis, the Board of Corree* governor» wbp has been scorcWag criticism since gwi Hcwfey, was teto » debate lu the QQ $n aDjancUftenj to 9 p«$|JiUaf to W possession broadened just before enact ment to Include besides credit disclosure: — The first federal limitation on the amount of a worker's wages that can be garnisheed— ordered withheld for payment of All Interstate Roads to Be Contracted LITTLE ROCK (AP)- Armil Taylor of Clarksville, chairman of the state Highway Commission, said Wednesday that the entire interstate system in Arkansas will be under contract by the end of next year, with the exception of two bridges. There are 520 miles of Interstate in Arkansas. Taylor said the uncertainty of finances would delay the final contracting of the Interstate 4055 bridge across the Mississippi River at West Memphis and the Interstate 430 bridge across the Arkansas River in western Little Rock. of alcoholic beverages. Rep. Herbert Rule of Little Rock took the floor to speak against the amendment, but instead said he wanted the representatives to hear some facts on alcoholism published in a national magazine. While Rule was reading about the three stages of alocholism, •Rep; J. B; Smith of Marianna arose on a point of personal privilege and said: "Mr. Rule Is talking about my governor." The House roared. When the laughter subsided, House Speaker Sterling Cockrill Jr. of Little Rock said, "Your point is well taken." This drew another outburst of laughter. In other action Wednesday, the House: - Passed 95-0 a bill requiring that seven AIDC members be present for the disposition of business. It also removed a provision preventing industry created under the 1955 act from using borrowed funds for the purchases of equipment, and It increased the maximum interest rate from 6 to 8 per cent and increased the loan limit from 75 to 80 per cent. — Passed two Senate bills, one appropriating $45,000 for special session expenses and one providing improvements and debt financing for the War Memorial Stadium Commission. The Senate passed a bill ap- propriationg $67,200 for House expenses in the session. Bills introduced Wednesday were: -A bill to give the state Racing Commission additional investigative powers with regard to the dog racing track at West Memphis, — A bill to reimburse school districts for legal expenses incurred fighting desegregation, -A bill to allow the judge, rather than the jury, to fix the sentence in noncapital criminal cases, — A bill to provide for pre- sentence Investigations to be done by the Department of Correction at the request of circuit judges, — A bill to set up a state probation system in which circuit judges could use probation of* fleers of the Department of Correction, — A bill tor five fund transfers in the Revenue stabilization Act to meet existing financial needs of the public schools, colleges and universities and the state Welfare Department, -A bill to permit the state to use unclaimed property left with banks, other financial institutions, utilities and corporations. - A bill to create a penal institution for first offenders under 21 convicted of a felony. ~A bill to earmark $500,000 of the governor's contingency fu#4 tor increased payments to nursing honjes caring tor wel- patients, continued for years, Stores which extend credit and financial institutions which make loans will have to make two Important disclosures under the bills — The annual interest rate figured on the declining balance of the obligation, - The total cost of the credit in dollars and cents over Its full life, The total cost requirement will not apply, however, to first mortgages on homes. The bill also exempts from the interest rate requirement small transactions on this formulas All purchases of $75 or less so long as the credit charge does not exceed $5, and purchases of more than $75 where the charge does not -exceed $7.50. A special provision was worked out to cover open-end or revolving credit plans. Under it, the store would have to state its full annual rate as well as the monthly rate but also could, if it chose, list its actual return on such credit in the preceding year. A minimum monthly charge of 50 cents a month or less would not be subject to the interest rate computation on such accounts. Also included was a provision aimed at frauds in home improvements. A homeowner contracting for such work financed by a first or second mortgage on his property would have three days to withdraw from the agreement if he chose. The measure would require a store advertising installment loans to give the annual interest rate, cash price, number of payments and their due dates, not just the amount down and the monthly payments. The garnishment provision would exempt the first $48 earned weekly and 75 per cent of all take-home pay. It would bar the firing of an employe for one garnishment. The section aimed at loan sharks states that an interest charge exceeding 45 per cent a year is a factor in establishing it is an extortionate credit transaction. Maximum criminal penalties in this section are 20 years imprisonment and a $10,000 fine. The extortionate credit provisions will become effective when the bill is signed into law, the credit disclosure section July 1, 1969, and the garnish- mentprovision July 1, 1970, Lewisville Man Heads Juvenile Deft. LITTLE ROCK (AP) - Paul E. Shipley, superintendent of schools at Lewisville, was named executive director of the new Arkansas Juvenile Training Schools Department today. The announcement of Shipley's appointment was made as the Training school board considered combining the four training schools in accordance with a decisio of 8th UJ3. Circuit Court of Appeals. Shipley, who received his bachelor's degree from Arkansas Tech at Russellville and his master's at the University of Arkansas, was employed by Lewisville schools as physical education director science teacher and principla. He became superintendent in 1964. He is a past president of the Lewisville Rotary Club and is a director of the Lewisville Chamber of Commerce. Shirts, Shoes Don't Qualify for Exemption UTTLE ROCK (AP) ~ The attorney general's office said Wednesday that shirt manufacturers and shoe factories do not qualify for tax exemption as textile mills. The opinion, written by Asst. Atty, Gen. Tom Tanner, went to Ashley County Tax Assessor James Sullivan of Hamburg. Sullivan said that a local shirt factory and shoe plants in the state claimed exemptions under Amendment 12 to the Arkansas Constitution. He said the shoe plants placed cotton cloth in the toe of shoes. "A textile mill is one in which toe raw materials suji as cotton, nylon or ottoFftbers are converted IntoTbolt of cloth." Tanner said. MR (AMO STAR, ftfffed fy Ottltf night Wednesday securing the wreckage and recovering and identifying the bodies. Identifying the dead was labo* rlous, with only sketchy Infor* mation available, but it was re* ported the list included persons from throughout the United states, The crash was the first fatal!* ty in the helicopter firm's 21* year history, The S61 carries a crew of three* As the craft, which normally would have been cruising at 2,000 feet, plunged, mail bags spilled into the air, giving the impression of fallingbodles, Sacks struck roofs of houses and businesses, and sheriffs- helicopters searched rooftop to rooftop, The rotor blade which spun off crashed through the corrugated sheet metal roof of a chair manufacturing plant, injuring no one, State Job Corp* Youth Killed GRANTS. N.M, (AP)-An 18- year-old Arkansas youth was killed Wednesday when a construction vehicle he was operating at a Job Corps Center near here slid off the road and overturned, Killed was Julius L. Jones of Hughes (St. Francis County). Jones was driving a front end loader and two other persons were injured, authorities said. California Plane Down, 23 Killed 6y J, RODMAN PAUL Associated Press Writer PARAMOUNT, Calif, (AP) A commercial helicopter ferrying 23 persons from Disneyland broke apart and crashed In flames Wednesday halfway through its 32-mile flight to Los Angeles International Airport, The bodies of all 23 persons were found In or near the wreckage on a dairy farm, The cause of the crash was listed tentatively as rotor failure after witnesses reported seeing a rotor blade spin off the craft, Witnesses said they heard a loud pop before the twin-rotor Sikorsky S61 plunged to earth. Two large sections landed a few feet apart and dozens of smaller pieces scattered over the two- block farm, Most of the passengers' bodies were still strapped in seats. The possibility of a collision was suggested by Los Angeles Airways, owner of the helicopter service. But William Byerly of the Federal Aviation Agency said investigators had no evidence of it. Officials worked through the Wiretap Issue Retained in Crime BUI By JOHN CHADW1CK Associated Press Writer WASHINGTON (AP) - The Senate voted 44 to 37 today to retain in the tending anti-crime bill a provision authorizing emergency wiretaps up to 48 hours without a court order. Sen. Philip A. Hart, D-Mich., who moved to strike the authorization, said it would "tempt even the most disciplined of policemen to do a little tapping no one may ever know about." But Sen. John L. McClellan, D-Ark., floor manager for the far-reaching crime legislation, said the amendment would "weaken the opportunity to get the most effective results possible" from provisions to allow wiretapping in the investigation or prevention of major crimes, A Senate-House battle over final terms of the bill appeared to be brewing, with Rep. Emanuel Celler, D-N.Y., saying he would never accept Senate-passed provisions which would weaken Supreme Court restrictions on use as evidence of some confessions and police line-up Identifications. Sikkim is a protectorate of India, War Claims Arltan«am By THE ASSOCIATED PRESS WASHINGTON (AP) - The Defense Department Tuesday listed Army Sgt. Jaye J, Sharpe, husband of Mrs, Shirley J, Sharpe of McGehee, as killed In action in the Vietnam war. First Arrests in March of Poor Group By'AUSTIN SCOTT Associated Press Writer WASHINGTON (AP) - The first arrests in the Poor People's Campaign were made today as police jailed an estimated 75 demonstrators who were singing outside a House office building. After repeated warnings that the demonstration was in violation of the law, police moved in and took the protesters away in patrol wagons. The group arrested was the overflow of a crowd of about 200 that had gone to Capitol Hill to protest a new welfare law. Picketing on the Capitol grounds is against the law. The delegation sought to demand public hearings from Rep. Wilbur D. Mill, D-Ark., chairman of the House Ways and i Mljf 23,1988 Means Committee, seeking repeal of a new law limiting the number of dependent children eligible for benefits, About half of the demonstrators were admitted to the building to wait outside Mills' office and the rest were lined up on the sidewalk outside, When those outside began singing songs of the civil rights movement a policeman Informed their leader, John Wiley, that singing and kneeling were violations of the law against demonstrations on the Capitol grounds. Postmaster Nomination WASHINGTON (AP)- President Johnson Wednesday nominated Allen H. Wilkerson as postmaster at Cave City (Share County). New Industries LITTLE ROCK (AP) - The Arkansas House Wednesday adopted a resolution requesting the AIDC to furnish the legislature a list of new industries that have located in Arkansas in the last 17 months. 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