Freeport Journal-Standard from Freeport, Illinois on July 14, 1975 · Page 14
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Freeport Journal-Standard from Freeport, Illinois · Page 14

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Freeport, Illinois
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Monday, July 14, 1975
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Page 14
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Page 14 Freeport (III.) Journal-Standard, Monday, July 14, 1975 Israeli Jets Hit Palestinian Targets By United Press International Israeli jets have attacked Palestinian targets in southern Lebanon for the second time in a week. The guerrillas retaliated with rocket fire on settlements in northern Israel. An Israeli spokesman Tel Aviv said the warplanes raided a guerrilla weapons factory Sunday, but a Lebanese spokesman in Beirut said the jets struck a Palestinian refugee camp. Lebanon said four persons were killed and 20 wounded in air strikes against the Ain el Helweh refugee camp near the port city of Sidon, 35 miles south of Beirut. Lebanese newsmen said Israeli artillery also shelled the town of Bint Ju- bayl in southern Lebanon for 30 minutes Sunday night, killing a man and wounding two others. In'Jerusalem, the Israeli cabinet met Sunday but still made no decision on an interim peace agreement with Egypt. A communique said the cabinet European Security Summit Meeting Set In Helsinki GENEVA (UPI) - The 35 nation European Security Conference agreed today on a summit meeting in Helsinki starting July 30 for the signing of a final document on political, economic and human cooperation. President Ford and the leaders of 34 other nations are expected to attend the summit, which will climax two years of talks in Helsinki and Geneva. The conference Coordination Committee fixed the date for the massive gathering of heads of state or government from all European nations except Albania plus the United States and Canada on one condition. This was that remaining odds and ends are cleared up within the next few days. The summit date was set following agreement on a compromise chapter concerning the Mediterranean region. authorized the Israeli negotiating team to keep up its efforts. Israeli Prime Minister Yitzhak Rabin, back from talks with Secretary of State Henry Kissinger in West Germany, expessed hope for a peace agreement but said it may take as long as a year. Lebanese witnesses said the Israeli jets attacked in two waves, sending a billowing cloud of black smoke from rocket hits in the center of the camp. A Lebanese spokesman said one of the Israeli jets was shot down and crashed in flames into the sea. A Palestinian spokesman said the guerrillas shot down two planes. But an Israeli official said all the attacking jets returned safely. On July 7, Israeli air, naval and ground forces carried out the biggest attack on southern Lebanon in more than two years in reprisal for a guerrilla bombing that killed 14 persons in Jerusalem. A Palestine spokesman said guerrillas delivered "prompt and effective" retaliation for the latest air strikes, firing rockets Sunday night at three Israeli settlements and setting fire to nearby military installations. An Israeli spokesman said rockets hit two northern settlements, wounding two elderly sisters in the coastal town of Nahariyah but causing no injuries at Rosh Hanikrah along the frontier. Mendota Minister Announces Candidacy From Pulpit Sunday MENDOTA, 111. (UPI) - The Rev. Walter Lunsford had something of a surprise for his flock at the First United Methodist Church of Mendota Sunday. He announced he will seek the Republican nomination for congressman in the 15th Congressional District. Lunsford, 41, said his training as a minister has prepared him for political service to the people. The incumbent is Tim Hall of Dwight, a Democrat. Patman Criticizes FED's Spending WASHINGTON (UPI) - The government agency that sets monetary policy and runs the banks has nearly tripled its expenses in the- past 10 years, spending $4,749 on Christmas decorations in one bank and $14,000 to transfer an employe 600 miles. A report Sunday by a House banking subcommittee staff said the Federal Reserve System's operating expenses went from $197 to $590 million in the past decade. Salaries for officials rose 148 per cent. Rep. Wright Patman, D-Tex., head of the subcommittee, said it discloses "a classic case of misuse of public funds by a government agency." Patman, a long-time critic of the Fed, issued the report to spur support for his bill calling for an audit of the Fed's operations by the General Accounting Office, a congressional investigative agency. The Fed opposes an audit, arguing it would interfere with its independence. The congressman said he sent a copy of the report to Attorney General Edward Levi to see if money spent by the Fed above that necessary to run the nation's banking system can be recovered. A Fed spokesman declined to discuss the report. "Those are Mr. Patman's charges and we would not comment on them," he said. The report said the Fed's own records show that in 1974: - $13,969 was spent to transfer em- ploye Ralph Evans from Miami to the Federal Reserve Bank in Atlanta, a distance of 600 miles. It included $7,931 for expenses in selling his home. - $94,000 was spent for "employe recognition," including $2,883 for em- ploye birthday luncheons at the St. Louis bank, $402.25 for watches for six 25-year employes at the Atlanta bank and $339 for 110 gift paperweights in Houston.^ -, The New York bank spent $4,749 for Christmas decorations, including $1,073 for flowers, and another $10,985 for a Christmas luncheon. Three Christmas dinners for Buffalo, N.Y., branch employes cost $3,606. - J. Pewey Daane, after his retirement in February as one of the nine Fed governors, was hired as a consultant and paid $10,074 from March to June. - The New York bank bought $123,073 worth of airline tickets, all from American Airlines. . - The Minneapolis bank bought $59 worth of bus tickets so staff members could "acquaint themselves with the convenience of public transportation during the energy crisis." - In St. Louis, Janice Faigle was given $43.41 to cover her participation .in the United Fund program "as Ms. Torch 1975." CO UP O SPECIAL SAVINGS! PRINTS FROM SLIDES Not available in 110 size Limit 1 2 Reprints From Slides Per Coupon This Coupon Expires Mon., July 21 KODACOLOR PRINTS TUBS. You get 2 sets of ° NLY .COLOR PRINTS forthe PRICE of ONE With This .Coupon TUES. ONLY From KotoMtor 110,120,128, Standard King Size Prints EMMERT DRUG CO. COUPON 'Af, WHILE THE OCCUPANTS OF HER PACE boat seem to sit In water, 15-year-old Angela Kcndrak struggles against 6 feet swells Saturday near Toronto. After fighting the wind and swells for more than five hours, she was pulled from the water late Saturday four miles from her Toronto goal. It Is the second time in less than a year that the blonde Toronto schoolgirl has failed to complete the swim.-UPI Photo. Toronto Schoolgirl Abandons Lake Ontario Swim Attempt TORONTO (UPI) - Angela Kondrak, 15, was exhausted but not disheartened by her second failure to conquer Lake Ontario. She is going ahead with plans to swim the English Channel next month. The Toronto scchoolgirl said Sunday "I'm disappointed I didn't achieve my original goal of conquering the lake, but I'm still going to try to swim the English Channel." Saturday night, Angela fell three miles short of completing a 32-mile crossing of Lake Ontario from Youngstown, N.Y., to the Toronto lakefront. She was in the water for more than 20 hours before being pulled out. She said she plans to make the 22- mile Channel swim on the first good- weather day after Aug. 14 - if she finds sponsors to cover her costs. Her coach, Art Dufresne, said he has not lost confidence in the girl and that she had a good chance of completing the Channel swim, because the weather does not change as suddenly in the Channel as it does on Lake Ontario. A sudden worsening of the weather proved Angela's undoing Saturday, just as it had last year in her first at- tempt to swim the lake when she got to within a mile of the Toronto shore. This time, a stiff easterly breeze sprang up with about nine miles to go - and with the Toronto skyline tantalizingly close. The wind produced lowans Breaking , Law By Purchasing Illinois Lottery Tickets DES MOINES (UPI) - Thousands of lowans currently are breaking Iowa law when they buy tickets in the Illinois state lottery, but nevertheless the law is going unenforced. Roger Stephens, head of the state vice squad, says possession of a lottery ticket is a violation of state law that could result in a $100 fine and 30 days in jail. However, he said law enforcement is a matter of establishing priorities and said Iowa has other vice problems more serious than illegal lottery tickets. Also, transporting a lottery ticket across a state line violates a federal law that cpuld bring a $1,000 fine and two in years in prison, according to U.S. Attorney Allen Donielson. four-foot swells, which slowed Angela down, hampered her breathing and forced her to use energy reserves. A small armada of yachts and motor cruisers had sailed out to greet her and to escort her to shore. Hundreds of spectators were lining the waterfront ready to give her a hero's welcome. But a little after 7 p.m. EOT, Dufresne decided Angela was not going to make it and ordered her out of the water. "She did not quit," he said. "It was my decision. We weren't going any place. I was more concerned with her health than with finishing the swim." Angela said a drop in the water temperature from 72 degrees Fahrenheit at the start of the swim to 62 degrees when she was hauled out contributed to her failure. The girl was taken immediately to a hospital and kept overnight for observation, but was released Sunday morning. She said she felt fine, "but a little spent." Angela said she would not try to swim Lake Ontario again. "Both times I swam my best, and I was beaten by the weather," she said. "There's no point to doing it again." Tax Break For Utilities Considered WASHINGTON (UPI) - If a Ford administration proposal to give a $600 million-a-year tax break for utility companies is adopted, consumers of electricity would have to pay higher rates. The tax break would go to power companies to build new plants that do not use oil for fuel and would be "a cash contribution by the federal government for the construction of additional electric power plants," according to Treasury Secretary William Simon. But the contribution will be effective, Simon said at a recent 'House Ways and Means Committee meeting, "only if regulatory authorities and consumers cooperate in doing their part." That means raising utility rates, and, in effect, having consumers make up the $600 million in taxes that would not be paid by the utilities. Under the proposal, utilities would get a 12 per cent permanent investment tax credit for all electric power plants except those fueled by oil. Until this year, the investment credit was 4 per cent for utilities. Along with other businesses it was raised temporarily to 10 per cent in the tax reduction bill enacted earlier this year. The power companies also would get five-year rapid tax write-offs for investments in pollution control facilities and for converting from oil to coal. The $600 million tax break, however, could be used only to offset tax liability, meaning higher rates to insure there is a tax liability. In addition, state regulatory commissions would have to allow new plant investments to become part of the base on which current electric rates are set. That means still higher bills for the electric consumers who would help pay for tomorrow's power plants and put up money to help buy new plants for the stockholders, who would also get a tax break. Simon acknowledged that his proposals "are exceptions to our theoretical goals for a perfect tax system" because they create more loopholes and more inequity. But he said the urgency of getting more investment money into the utility companies is so great he wants Congress to consider them now. KELLY-SPRINGFIELD Labor Included Engine Tune-Up INCLUDES: Plugs, Points, Condenser. We also set dwell and choke, balance carburetor, time engine. Test starting, charging systems. Check compression. u.s. COMPACTS Labor Included Drum or Front Disc Brakes Our brake specialists will install and adjust heavy-duty linings on all four wheels. Or new disc pads for cars with front disc brakes. U.S. COMPACTS installed The Quiet One Muffler Faulty mufflers waste gasoline. Replace your worn-out noisy muffler with the quiet one ... a rugged heavy-duty corrosion resistant muffler. U.S. COMPACTS installed 48-Month Battery tongs Labor Included Alignment $ Air Conditioning $ Oil & Lube Includes air conditioned cars Includes Inspection of car's cooling system. We'll clean colls, check compressor, belts pressure. 3 KELLY-SPRINGFIELD AUTO SERVICE WAYS TO CHARGE «f Cr.dll Pl.n master charge WEST GALENA & HUNT OOO TICK Open 8:30 A.M. to 9P.M. /.A/ml IHH Monday Through Friday ••^•^••l • • ^iF^iW -,, _ . -,, _ __ _ _ ,— _ M Saturday 8 A.IL^C P.M. BANKAMERICABD

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