Northwest Arkansas Times from Fayetteville, Arkansas on May 14, 1974 · Page 7
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 7

Fayetteville, Arkansas
Issue Date:
Tuesday, May 14, 1974
Page 7
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Faubus Wants More Road Miles In Slate TEXARKANA, Ark. (AP) -'he amount of road miles needed to be added to the state lighway system equals the amount already in use. former ov. Orval E. Faubus said Monday night. Faubus, who is seeking the Democratic gubernatorial nom- nation, made the remarks at the Miller County Courthouse RSVP Volunteers To Be Recognized An awards recognition pro- grain for the more than 100 volunteers in the Retired Senior Volunteer P r o g r a m (RSVP) will be held f r o m I to 4 pm. May 30 at Agrl Park. Planning for the event are from left, Mrs. Phil Phillips, Mrs. Rebecca Williams and J. O. Kelly, all members of RSVP Advisory Committee. In addition to the awards, a program featuring local talent is scheduled. (TIMESphoto by Ray Gray) Business Spends More Even With Higher Interest By JOHN CUNNIFF NEW YORK (AP) -- With t h e b u s i n e s s community seemingly determined to con tinue borrowing money no matter what the cost, the Federal Reserve Board is being forced Into an almost unprecedented situation. In theory, rising interest rates and a relatively smaller than usual growth in the money supply are supposed to discourage borrowing. But recent surveys show that business E lans to spend much more than : did in 1973. One corporate treasurer plained: "We don't like to pay high interest rates but it has been our experience over the past five years that if we don'l borrow now we'll pay more to morrow." The Fed, therefore, is facec with a situation that grows more critical each day: Shoulr it continue monetary restraint and risk economic chaos? Or should it relent? Alter stating he will continue restraint, Arthur Burns. Chairman of the Federal Reserve Board, is being accused by some investment brokers and businessmen of financial brink manship. Manown Riser Jr., senior vice president of Paine Webber Jackson Curtis ,a large securities house, commented in the firm's newsletter: "Surely Dr. Burns does no want to cast the economy into the abyss of a liquidity crisis and an ensuing depression. I might cure inflation, but politi caily and socially, the system would not survive the fall." The alleged brinkmanship, he said, involves the basic under pinnings of the American finan cial structure of equity, bon( and money markets, and th various financial institution and commercial banks. INSEPARABLE "All are inter -- and intra -related, entwined and in separable," he commented. "I one were to crack, there would* be reverberations throughout." While feeling that the Federa Reserve will case monetar policy and that interest rate will fall sharply, Chase Econo metric Associates late in Apr felt it was important to consid er the alternative. If the Fed decides to continu to tighten monetary policy i an abortive attempt to reduc the rate of inflation too quic chaos would result, said th firm, which is part of Chas Manhattan Corp. It added: "Under our credit crunc scenario, we would expect th failure of at least one large cor poration issuing commercia paper and a resulting lack ~ liquidity in the entire nonban commercial paper market," Commercial paper, a negotiable promise to pay, is an hn portant source of short-ter capital for many corporations as well as a source of incom for companies with exces funds to lend. Business loans outstanding a the big New York banks fe slightly in the week ended las Wednesday, but the amoun about $37 million, wasn enough to convince observer that a trend to less deman was setting in. Woll«t Lost SPRINGDALE - Georg Keys, 832 S. Washington St Fayetteville, told police here h lost his billfold while shoppin at the Dillon's Food Store Hwy. 68 west Sunday. Keys described the billfold as a brown leather one containing his driver's license, $164 in cash and a $315 check. Wheat Prkes Are Down Despite Limited Stocks WASHINGTON (AP) -- The all of wheat prices by 40,3 per! ent since early January has rompted calls for bakers and upermarkeis to lower prices. Bakers in January called for mited export controls on v h e a t, predicting soaring rices this spri ng and then a are granary before the bump- r winter crop harvest. Neither controls nor higher rices nor a complete dis- ppearance occurred, a Ithough .ocks are down to the lowest svels in 22 years. Agriculture Secretary Earl L. utz, several congressmen and arious wheat-i nterest orga n- zations now are taking their urns in the spotlight by telling akers to apply their economics o themselves and cut prices, However, latest USDA statis- ics show, as usual, "the villain icory" is an oversimplification f reality in seeking to pinpoint he causes of prices. Judge Said Getting Nixon Letter NEW YORK (AP) -- Presi dent Nixon has sent a letter to a federal judge saying that the White House plumbers unit was iperating under a general dele ;ation of his authority when il iroke into the office of Danie Ellsberg's psychiatrist, a news paper said Monday night. The New York Times, story in its Tuesday editions quoted highly reliable sources as saying the letter went from Nixon to U.S. District Court Fudge Gerhard A. Gesell in Washington. The newspaper, in a stor: 'rom Washington, quoted a source with access to the pre cise wording of the letter a saying that Nixon had jn effect written that it was his intention hat the fullest authority unde ,he Constitution and the law be used in the plumbers investiga lion of Elisberg. Gesell is the presiding judge the trial of former White House aides John D. Ehrlich man and Charles W. Colson and four other men, who hav seen indicted for conspiracy in the September 1971 break-in the psychiatrist's office. Attorneys for the six have ar gued that the break-in was car ried out in the belief that it wa a legitimate government func tion to protect national secur ity. At the time. Elisberg wa under indictment for leakin the Pentagon papers to th media. Gesell indicated last wee that he might consider throw ing out the charges If It wer proved that Nixon had orderef the burglary because of con cern over national securit leaks that would damage fnr eign affairs. The Times story said the le ter from Nixon to Gesell wa prompted by the judge's actio last month in ordering the Wa tergate special prosecutor's o (ice to submit any evidence might have of presidential volvement in th* break-in. Ehrlich man has contended on a number of occasions that he did not know of the break-in until it had taken place, but said such a burglary was perfectly legal under the President's authority to protect national security. he ended swing through kansas. Referring to his campaign Southwest Ar- the proposed North - - S o u t h expressway hrough Arkansas, Faubus said the state needed, two such highways/ One should run through the north central part of the state, · said, and the other along the western edge. Arkansas also needs more For example, USBA market asket figures for March show e farm value of wheat in ne-pound loaf of white bread ell 11.6 per cent from Febru ry at the same time as the re i! price went up 4.6 percen nd the m ddlemen's margin ose 10.5 pei cent. Compared with three month: ;fore, the margin went up 6. ?r cent, the retail price wen p 6.6 per cent and the farm alue went up 8.9 per cent. And again, compared wit! ilarch 1973, the margin is the jwest percentage increase o three, with a 25.4 per cen xxst at the same time that the 'heat-value was up 84.8 per ent and the retail price was u| 3.9 per cent. COMPREHENSIVE STUDY The marketbasket compilers Iso have j.sut finished the first omprchcnsive USDA study in decade of the markups, costs nd profits of all sectors of the arketing chain for 19 major ood items. Its bread section showed that. or all of 1973, the farm value f the wheat in that pound oaf--which is much less com- ion than the I^-pound loaf-- ose by 45 per cent, or 1.7 ents. The retailer's 5.4-cent margin was 0.8 per cent greater than in 972. the baker's margin rose bout 25 per cent to 15.9 cents, 'he miller's margin rose 67 per ent to a penny. Profits in lower - priced 1972 nerc 0.53 cents a loaf for the ;rocer, 0.6 cents for the miller, |,9 cents for the baker. And while farmers' prices are falling to close the gap -be- ween higher revenues and ligher costs, middlemen presumably feel the same inflationary pinch in fuel, trans- lortation and especially the labor costs which account for 50 o 67 per cent of the markups of all food items, the study in- licated. tour - lane highways than just :hose two roads, he said. Faubus said the road that should be completed first is the Little Rock to I'ine Bluff highway through Southeast Arkansas. The other road would connect with the interstate sys ,em at Missouri and the Texas interstate at Tcxarkana, he added. Faubus was told that David H. Pryor of Little Rock, anoth- gubernatorial hopeful, saic Monday that he expeclcc Faubus to mount a smear cam ?aign against him during the last two weeks of the cam paign. Faubus replied, "I mighl tell the truth about him." He said this campaign was different from the one he waged unsuccessfully in 1970 in that there was more hand shaking involved in the curren one. He said he was not doing oi saying anything differently in this campaign and attributed his loss four years ago to v e r y unusual personality named Dale Bumpers." Faubus would not predic whether there would be a run off in the governor's race. Aikc-mai TTMS, TIM*., May 14, 1974 · 7 FAVCTTCVILIC, ARKANSAS In Tour Guided By Orval Beth Wants To See Mansion LITTLE ROCK (AP) -- The current Mrs. Orval E. Faubus las never seen the inside of the iovernor's mansion, but she's loping for a guided tour next January from someone who mows its every nook and cranny, her husband. Orval Faubus dwelt there longer than any other Arkansas governor. He and his first wife called the mansion home for 12 of the 25 years the Georgian jrick building has existed. Faubus wants to live there sgain. He is seeking nomination for a seventh term in a Democratic primary against David Pryor and Bob Rilcy. The winner is expected to breeze past Republican oppositeTM in November, Elizabeth Faubus, called Beth, is 35, a slender, attractive, dark-haired native of Hoi- yoke, Mass. She came to Arkansas in 1967 and worked for the Democratic party until shortly before she married Faubus on March 21, 1969, about a month a f t e r he divorced Alta, his wife of 35 years. Beth worked for a Minnesota advertising firm before she moved to Arkansas. "I had visions of Arkansas as a land of alligators and swamps," she said. "I came down into the Ozarks and 1 couldn't believe it was so much like New England. Beautiful!" The story is that she went to Huntsville to solicit support for the Democratic party from the the Boston accent," she said. "It's regional in Massachusetts. Not all the state has the Kennedy accent," Mrs. Faubus has not spent Beth calls herself a moderate and said she agreed with all of Faubus' political philosophies. "I don't think I lean to far right or hit." she said. "I fiuess you'd call this middle of much time on the campaign »io road. I believe you'S term trail with her husband this him (Faubus) the same. I know year. "I'm quite busy taking his personal calls at headqunr- that other terms have been used, but his basic philosophy former governor and that they ing with a family friend at fell in love while he was show- Huntsville. ters, typing his speeches, that f is middle of the road. I guess sort of thing," she said. "Any-[you could call it conservative, thing I can do to be of help, that's what I'm doing." Her two children by 8 previous marriage, son Ricci. 14, and daughter Kim, 16, are stay- but not a prejudiced conservative. He has an open mind to all people." Discussing the women's liberation movement, Mrs. Faubus said she felt t h a t women, if they earn it, deserve a place in ing her the Ozarks, which have Before he decided to run for the business world, politics or always been one of his special governor, Faubus considered government. "But if you're loves. getting into the Senate race talking about staging a riot or NO ACCENT with Sen. J. William Fulbright doing something that is in poor Mrs. Faubus does not have and Gov. Dale Bumpers. "Wei^i-^- to go; attention. I don't . . . . the expected New England ac- talked about that, of course, believe in that." she said. cent. Her speech is more mid- but he made the final dccison," Mrs. Faubus enjoys the piclu- western, spiced with occasional Mrs. Faubus said. "Whatever rosque hills around Huntsville, " TM ' · · . . Arkansas drawl. "I never had' he decided \va.s fine with me-" Active Madam Seeking Nevada Assembly Post LAS VEGAS, Nev. (AP) -- "Ij probably know people better than most of the people who are seeking public office," says Beverly Harrell. She claims she's the only active madam ever to seek elective office. Mrs. Harrell. who owns the Cottontail "ranch," a legal brothel 156 miles north of Las Vegas, announced Monday she would seek the Democratic nomination for State Assembly in a three-county district in west central Nevada. "I am ready for the legislature. I hope the legislature is ready for me," the petite redhead told a news conference She said "40 sounds good" for her age. She said she wanted to make clear her brothel was legal so people would not think she was "a shady character operating at the whim of paid-off public officials" but rather "a businesswoman who has lived and paid taxes in Nevada for seven years." Mrs. Harrell said she would like to see the question of legalizing prostitution in Nevada's two largest counties --where Las Vegas and Reno are located--placed on the November ballot. Current state law allows ; restitution on a county option asis in all but Clark and Blacks File Suit On Discrimination LITTLE ROCK CAP) -- Two Iack former employes of itrickland Transportation Co, of Little Rock charged Monday that Strickland and the Teamsters Union local, that represents Strickland employes, dis criminates against blacks ir employment opportunities. Dennis Johnson and Chester Lemmons, both of Little Rock, made the remarks in a class action suit filed at U,S, District Court. The suit said Johnson was fired from his job June 22. 1974, after having been accused of t r a f f i c offense. "White employes with similar r more serious charge? against them have not been so discharged," the suit contends. Lemmons was fired b Strickland Aug. 17, 1974. with no explanation given to him the suit alleged. Tbe suit said if he had been white he would have been given an explanation for the dis missal. Johnson sought reinstatemen through the union's grievance procedure, but the union failed to represent him fairly, the sni said. Appointed Charles E. Smith, a graduating senior at Fayetfeville High Schonl and the .son of Mr. and Mrs. Roy Smith, is the recipient of an appointment to Hie U.S Military Academy at West Point, N.Y, Charles, a National Merit Finalist, is a mttmber of f h e LeHerman anil Key Clubs anil participated in cross country track. Candidates Get Funds From Union UTTT.E T!OCK (AP) . Thir- candidates have received a ioliil of $?..'I50 from the politi- arin of the United Trans- Dortation Union, t h e union said Mnmlay. The donation From the Transportation Political Education League was a $700 dona- lion to W. C. Bryant of Van Buren, who is · r u n n i n g for the stale .Senate. David Pryor, Democratic candidate for governor, re- ccived $200. Other state ScMiate candidates receiving contributions were Ralph Patterson of N o r t h I.iltlc Rock. $201); Nick Wilson o Pocahontas. $200; and William D. Moore Jr. of El Dorado $100. Candidates for the state House of Representatives re ceiving money from the group were: Cliff flonfman of North Little Rock. $250; Dr. Stur»is Miller of Pine B l u f f , S200: Jnlii Covington of Jacksonville, $100 Dr. Shcthy Partain of Spring dale, $100; Jimmy Adco of Augusta, $100; Rain I.. Pool of JfcGthee. $100; and R. A Coldwcll of Proctor. $100. Bumpers Says No Issues Raised By Fulbrighf CROSSETT, Ark. (AP) -Gov. Dale Bumpers snid here Monday that he did not know o a single issue that Sen. J. W Fulbright had brought up in the senatorial campaign. Both men are seeking the Democratic nomination for the U.S. Senate. Bumpers' remarks apparently were in response to Fulbright's accusations that the governoi las been avoiding substantivi issues in the race. "He's talked a lot about me,' Bumpers said, "but I haven' leard him talk about what th people of this state are talkin, about -- inflation, confidence ii lovernment, the cost of living energy, health care, and the ike." Bumpers said he had no :ieard any discussion from Ful bright on his part about the di rection in which the nation i going. The governor said th Ijcople that he has talked witl (ire most concerned abou whore the country is headed. The governor referred I some of Fulbright's newpape and television advertisements in whicih the senator is show as a fighter who is not afraiti o making people mad. "If ever there was a tim when we needed a leader t unite the people and not mak them mad, it is now," Bumper said, "f don't think it is a mai tc-r of who you stand up to -it's what you stand up for." Bumpers said he refused" 1 (tchnte Fulbright because "th is a campaign of the people an that the people would decide u timately what the issues were If the voters agreed wit what he contended were the i: sues, Bumpers said, they didn'i vote for him, If they dicin' ^hey would vote for Fulbright. /ashoe counties. "I feel that the people of the :ate of Nevada are very road-minded people," Mrs. arrell said. "I think prostitu- on is on the same par as gam- ling. al." I think it should be le- She said the main aim of her ampaign would be to force the urnover of federal lands in Neada to the state for dispersal strongly about o the public. "I feel very this because I have battled with the Bureau of Land Management and I have lost," she said. Mrs. Harrell lost a year-long battle to operate her brothel on federal land she had been leasing for MOO a year. The Faubus' home town. They live in the $300,000 mansion he built on Hunlsvillc's Governor's Hill ] as he was leaving office in 19SG- 67. OUTDOORS "I love the outdoors, we both do," she said. "Orval has had an acre garden the last two years. We had enough for the whole county. He did an excellent job." She said Fauhus seems pleased with the way his campaign is progressing. "I can tell this by his attitude when he ranch--a cluster of "trailers on i comes in from the road," she a small piece of land--had been]said. "He's in great spirits, and in business some time when a columnist wrote of the operation and the government evicted her. Pryor Pledges Establishment 01 State Energy Commission LITTLE ROCK (AP) -- Da- eration are tangled in govern- hc has a great deal of energy left, even after he's been handshaking all day. He always has many ideas to discuss." Political observers believe Faubus has gained support since he filed and that Pryor, who once appeared to be an easy winner, no longer has a majority of the vote locked away. Unless the situation changes, the odds are that Pryor and Faubus will go into a runoff. id H. Pryor of Little Rock said Monday night that if elected overnor he will seek the estab- shment of a state energy commission to meet the needs of le independent gasoline deal- TS. Pryor, who is seeking the )emocratic gubernatorial nom- nation, made the statement in emarks prepared for delivery to a meeting of the Arkansas ·asoline Retailers Association. Tf elected, he said he would attempt to keep the major oil companies from having control over gasoline "from the wellhead to the pump nozzle." Pryor said that it is wrong 'or the oil companies to have so much control over gasoline. "Big Oil is unresponsive and rresponsible," he charged. Officials had promised that a r ederal Energy Office would be set up at Little Rock to deal vith fuel problems in Arkansas, mt this never came about, he said. Local by the Allocation Act. But Pryor asked, "Who regulates the big companies?" He said there must be a new mental red tape and bureau- dealers are regulated Emergency Petroleum alliance between the gasoline retailer and the gasoline consumer to stand together againsl 'Big Oil and Big Government.' Pryor said he always hac been an advocate of the small and independent businessman who has no special interest to protect him. Gasoline dealers demonstrated their citizenship as respon sible members of the business community during the energs crisis by, among other things setting up emergency gasoline assistance plans, he said. Pryor said about 20 per cenl of the Arkansas gasoline deal ers have been driven out ol business, and those still in op- To Appeal LITTLE ROCK (AP) -L. Sharpc said Monday t h a t the U.S. Postal Service had decide to appeal a ruling by the fcdcr al Civil Service Conrmision which reinstated Sharpe Little Rock postmaster. He said the commission would appeal to its Roard Appeals at Washington. The commission dismissed on technicalities some of thi charges of mismanagemen brought against Sharpe by thi district manager. However, i upheld some of the mi no charges against Sharpe bu ruled that these did not suppor Sharne's removal. cJLadulihe iv-y m ^L Far**"** «^3rt WrVEMOVB TO EVHYNMUS F«r TteM GMi Vatoe* . . . fern* Srr. U« REUPHOLSTERY SPECIAL! SOFA $129.00 Includes Labor and Materials Choic* of Naugahydv, Nylons, Horculons and Velvets Choice of Colors 3 EAST. .MOUNTAIN RECOVERY ROOM PtioiM 521-8815 DECENCY OF CONDUCT OF PUBLIC OFFICIALS IS IMPORTANT AS SHERIFF OF WASHINGTON COUNTY UA Employes Take Honors At Academy Top ratings of the recent lasic police training course al .he Law Enforcement Training Academy in East Camden weni ;o tvvo members of the Department of Public Safety at the Jniversity of Arkansas. Placing one unii two respec ,ively in there class of 41. per sons were John M. Stephens and Jerry D. Bailey. Both fire currently serving as supervisors with the department. Bailey, who has been with the department for three years, also took the first place trophy n the firing range with a score of 567 out of a possible 600. His overall score for the course was 92.3 out of a possible 100 per cent. Stephens, a DPS officer for [he last nine months, placed first in the class with a score of 93.8. The two men w ere the f i rs! Public Safety officers to take the training which was marie available with the authorization of police powers for the DPS [y the UA board of trustees in February. Other DPS member. 1 ; arc scheduled to atlem Future training sessions until al members of the force have taken the course. Academy personel will be al UA to instruct a week's training course for DPS officers, acc o r d i n g Assistant Director Everett Eaton. Eaton added that officers from all area police agencies are invited U at- 'end the t r a i n i n g session and may contact the DPS for more information. Winner A scholarship to study physics at the University of Arkansas has been awarded Calt- Un Collier, daughter of Mr. and Mrs. Barren Collier, a senior at FayettevUle High School. Caitlin has leen active in girl .scouting, Teen Involvement ami Explorers ami is a National Merit commended student. She hrfd membership in the Library, and )aD§ua£e Clubs and the National Honor Society during her high school career. Calf Williams Co. for 'CANCER CARE' Insurance Earl N. Wllll«nt tugene J. William* 521-5W) 442-20Z] 5U-MM DICK HOYT WILL RE-ESTABLISH PUBLIC CONFIDENCE IN THIS OFFICE. Pol. Ad Pd. by Hoyt toe Sheriff Comm. Opal Hammond, Chrmn. Rent a New Piano On Our Rent-or-Buv Plan For Beg ; nner Student New Pianos from $760,00 Ma«on ft Hamlin Wurtitzw Knob* Wurlitnr O-gam Rents for $15 Monthly ·eat mf It fix months. If TO* decide to boy, wa win make fan allavanc* charge am the pnrckaM price. Gtre ttie children and aa opportunity l« see fust bow Riwb musical enjoyment a aew piano adds to yov family life. Call today -- only a ttm- ttfri nnmher of new Dinnoi arailable for IMa ·Her. Southeast Comer of Square Guisinger Music House

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