The News from Frederick, Maryland on June 4, 1970 · Page 16
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The News from Frederick, Maryland · Page 16

Frederick, Maryland
Issue Date:
Thursday, June 4, 1970
Page 16
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Page 16 article text (OCR)

Plf*B-4 THE NEWS, Frtderkk, Maryland 4. Business Poll Indicates Inflation Curbs Failure WASHINGTON (AP) - Three of four businessmen in a new poll say the government's anti* inflation efforts have flopped, echoing the persistent sentiment of organized labor and a group of congressional Democrats. Of the 712 businessmen answering a poll by the U.S. Chamber of Commerce magazine Nation's Business, 540 said President Nixon's efforts were going badly or there was no improvement in inflation. "We have the worst inflation in 20 years," AFL-CIO economist Nathan Goldfinger said Tuesday. "I would not rule out a depression, but the current situation certainly is one of economic recession, and the economic recession is getting worse." In other developments Tuesday the stock market's four-day rally stalled after a gain of nearly 80 points, and House Democrats introduced a bill to give the President power to impose the wage-price controls he opposes. The Nation's Business survey will be published in the magazine's July edition. Every three months the magazine polls one of two alternating groups of 1,500 businessmen. About half respond each time. This time 712 responded, with 540 seeing no improvement or worse and 172 seeing at least slight improvement. Six months ago, when the same 1,500 were polled, 762 responded. Of them only 344 saw no improvement or were dissatisfied, and 417 saw least some improvement Labor's Goldfinger, after not- ng the sharpest rise in living osts in two decades, went on to ay, "We have the sharpest in-' rease in unemployment in 10 ears. We have sky-high interest rates- higher than at any time in the past 100 years or more." He spoke on the AFL-CIO- sponsored Labor News Conference program on the Mutual- Broadcasting System. He repeated the AFL-CIO's of- er to support controls if Nixon finds them necessary and if they apply equally to prices, profits, dividends, rents and orporate salaries as well as wages. Meanwhile 12 Democrats-- all members of the House Banking Committee- introduced a bill that would give Nixon standby towers to impose such controls, learings were set for June 16. The Banking Committee's enior Republican, Rep. William B. Widnall of New Jersey, already has called the bill a political ploy. The administration has opposed controls as unworkable. Goldfinger urged Nixon to use he less drastic selective credit Lime Kiln Mrs. Henry Baugher 874-2578 ·Mr. and Mrs. Harold Hawkins are receiving congratulations on the birth of their daughter born recently at the Frederick Memorial Hospital. Mrs. Hawkins has returned home and is doing fine. Mrs. Henry Baugher and son, Wayne visited on Saturday at the home of Mr. and Mrs. Ranee Hossler of RFD 2. Other visitors were Mrs. Agnes Shores of Frederick, Mrs. Edna Deaton and Mrs. Harry Deaton and son all of Baltimore. Mr. and Mrs. Elmer Stemple have returned home after vacationing for a week with relatives and friends in West Virginia. Mrs. Nellie Green is a patient at the Frederick Memorial Hospital. Mrs. Harry Heffner will celebrate her birthday on Saturday, June 6. Mr. and Mrs. Leonard Hoffmaster and Mr. and Mrs. Henry Baugher visited on Sunday with Mr. and Mrs. Howard Stevens and Mr. and Mrs. Alvin Saylor all of Baltimore. Mr. and Mrs. Paul DeGrange and family of Frederick visited on Sunday at the home of Mrs Ethel Smith and family. Typhoid and smallpox claimed over 500 lives recently in western Nepal, according to the English language daily, "New Herald." controls Congress authorised four months ago. He said they would pump more money into such slumping areas as construction and would restrict money for big-business speculation. On the New York Stock Ex change Tuesday the Dow-Jones average of 30 industrials closed down three-quarters of a point after a four-day upsurge that had seen a gain of nearly 20 points. Segregated Sexes In School Bus OK MIAMI (AP) - The Dade County school board has upheld a bus driver's edict that girls must sit in the back of the bus. The board acted in affirming a five-day suspension for Roberta Nolan, 13, who twice refused to obey the driver's order. Her father, John J. Nolan, said, "In this day and age, no group should be asked to ride in the back of the bus. All I*m asking is that girls be treated as what they are, what the law says they are, what you know they are- first-class citizens." School officials said the driver ordered segregation by sex after several acts of vandalism aboard the bus. The vandalism stopped when the boys and girls were separated. Scions Cut Columnist's Mailbag Full Of Choice Items Agriculture Appropriation. WASHINGTON (AP) - A $7.4-billion Agriculture Department appropriation bill- including about $2.5 billion for special food programs- cleared the House Appropriations Committee today. As sent to the House floor for debate next week, the bill would provide about $125 million less than the President requested for the fiscal year starting July 1. The committee cut from the request $480 million in largely bookkeeping transactions for the Commodity Credit Corporation, then added allotments for nutrition and other programs for the net *125 million cut. ' The committee added $104 million for the special milk program to provide free milk to needy children and cut-price milk to others. The administration had not budgeted anything for the program. The amount the committee recommended is expected to provide about 3 billion half-pints of milk to about 17 million school children. The committee approved all $1.25 billion requested for the food stamp program, which enables needy families to pur chase food at reduced prices. Also approved was $200 million for free and reduced-price lunches for an estimated 6.6 million needy children. Kentucky received $4.6 million in 1969 from the state parimut- uel tax on thoroughbred racing. By HAL BOYLE NEW YORK (AP) - Things a columnist might never know if he didn't open his mail: There is no unemployment problem among U.S. dentists. They have an estimated backlog of half a billion unfilled cavities - 285 million in children's teeth, 235 million in adults. The grinding task they face: fewer than two out of a hundred people go through life without needing a tooth Tilled. Perhaps we ought to find a way to make cars operate on honey instead of gasoline. A gallon of nectar, says the National Geographic Society, can fuel a bee four million miles at a speed of seven miles an hour. And it doesn't pollute the air. Why do women wind up in jail? A study in Milwaukee found the three most common reasons for their arrest were drunk and disorderly conduct, traffic violations and prostitution. Like men, women offenders tend to be repeaters. Sixty per cent had previous arrest records Quotable notables: "No one of us can help the things life has done to us. They're done before you realize it, and once they're done, they make you do other things until at last everything comes between you and what you'd like to be, and-you've lost your true self forever.'*-- Eugene O'Neill. On the plus side: A country can't be all bad if it is buying twice as many worthwhile books as it did 10 years ago ... if it donates about $14 billion a year to charity . . . and if 50 million of its people voluntarily spend some part of their time helping others. What is that country? The good old U.S. of A. What has been mankind's greatest victory in its brief time on earth? Probably it is the increase in human longevity. When man first began to record his own history just a few thousand years ago, his average life span was only 20 years. Now it is 70 years. No other creature-from the mosquito to the mastodon- has been known to more than double its life span by its own conscious efforts. Worst pun of the year: "Bob* inson Crusoe started the five- day week. He had all his work done by Friday." Quiet, please: After a large insurance company put. in a program to reduce irritating office noises, reports the magazine Manage, typing errors were reduced 29 per cent, absenteeism fell 37 per cent and employe turnover was cut by 47 per cent. Results like that are enough to make any boss go around on tiptoe. It was Benjamin Disraeli who observed, "Life is too short to be small." LINE OF DEMARCATION The Line of Demarcation was established by Pope Alexander VI in 1493. This line was intended to settle disputes between Spain and Portugal regarding land claims in the New World. Buy And $·!! News-Post Wont Ads Pardon Us... for net advertising this week/but we're tee busy unpacking all ef the Lovely, New (Summer Vacation DRESSES coming in daily -- and moving others to the Horse's Tail THE MANUFACTURER'S STOCKROOMS Come See Us Today! Thanks! TheClothesHorse 904 EAST STREET MONOCACY SHOPPING CENTER (301) 662-0990 * -- ,_ ··__ ·^u«» aB EVM. MM., TUMI., W. Ill · , vJi - ' ' . \ff//'A'ff. PROGRESS - Workmen begin installing the insulation in DAY-INto DAY-OUT INTEREST Now at Loyola Federal on regular passbook savings. ALWAYS FIRST QUALITY Pillow Sale! Great savings on sleeping comfort Prices effective thru Saturday reg.$4NOW 3.5O reg. $6 NOW 4.5O Savings are not "Locked In" No Minimum Time Period No Waiting Till Quarter's End Immediate Withdrawal Privileges Regular Passbook Savings now earn interest from clay of deposit to day of withdrawal at the current high interest rate. Furthermore, your money is always available for immediate withdrawal without loss of interest. Also funds deposited on or before the 10th of the month earn interest from the 1st when on deposit at end of the quarter. New Savings Certificates now pay from 5 l /4%to7 l /2%a. year depending on amount of deposit and length of maturity. LoyolaFederal Savings Loan Association Founded 1879 MAIN OFFICE: Charles and Preston Streets Francis Scott Key Hotel Building Patrick Court Streets OPEN EXTRA HOURS FRIDAY 6 TO 8:30 P.M. i 'RED LABEL' standard size pillow with Dacron® polyester fill. At this low price you can buy extras! Fine quality striped cotton -cover. Pink or blue. 'PERSONAL TOUCH' in soft, medium density. Dacron® polyester fill around polyurethane foam core. Zip-off Penn-Prest cotton cover. Standard size. SPECIAL BUY! Fashionable decorator solid colon in thirsty cotton terry towel ensembles at a re- markalt price! Imagine, the bath towel it 24x46" -- a generous size at any pricol Stock up and $avt. Pink, mess, gold, white, blue. 7T £ ·ath Towel Face Tow*? Wash Cloth 27c like It? Charge It! Store Houn: Mon.-Fri. 9 to 9 Tues., Wed., Thura., and StO to 5:90

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