Northwest Arkansas Times from Fayetteville, Arkansas on June 9, 1974 · Page 4
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June 9, 1974

Northwest Arkansas Times from Fayetteville, Arkansas · Page 4

Fayetteville, Arkansas
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Sunday, June 9, 1974
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Editorial-Opinion Pag* The Public Merest I« Th* First Concern Oj This 4A · SUNDAY, JUNE 9, 1974 Dairymen's 'In With The White House Compliments For The Loser Expressions of respect for his services, and regret at his campaign defeat in the Arkansas primary, have been coming Sen. Bill Fulbright's way from almost every quarter the last several days. Those who have always admired and supported the state's junior senator have been lavish, as one might expect, in their praise for his distinguished contributions to state and nation. Even many of his sharper critics now feel constrained to recall his many singular accomplishments as statesman, educator, politician and humanist. The Pine Bluff Commercial, viciously partisan in its pre-election editorial criticisms, backed off after the election long enough to allow a smidgen of respect for the senator's consumate civility under pressure and defeat, as well as his remarkable record of legislative achievement, show through. We must say in this regard that such tooth-showing by the ardent anti-Ful- brights does their record for judgment no great service, in our view. Editorials around the world, from Moscow (confirming, we suppose, what some have always suspected about Mr. Fulbright's "one worldish" tendencies), to London (well, he always was an .Anglophile), to Toronto (never did spend enough time at home), praise the senator's international leadership. Overseas, more than at home -- and far 4 more than in Arkansas -- Sen. Fulbright's championing of such matters as the United Nations, Food for Peace, the World Bank, the exchange of scholars, the exchange of cultural exhibits and native arts, and disarmament are widely recognized and respected. One of the more perceptive comments to cross our desk since the preferential re- Art Buchwald turns began coming in is by Kevin Phillips, a Washington columnist for King Features. Phillips notes that Fulbright, in the pattern of other major foreign policy leaders of the Senate, is appreciated for his expertise in.a complicated and vital matter of national interest far less at home than elsewhere. "For the most part," Phillips adds, "these men (defeated senators) are remembered with much more respect than the men who beat them. And I suspect this will also be true of f u t u r e assessments of the scholarly Fulbright versus the likeable cliche-vendor who unhorsed him, Dale Bumpers." Phillips then goes on to lament the American system which has no mechanism for salvaging the talents and expertise of such statesmen and leaders as Sen. Fulbright. Phillips gets right down to the very issue upon which Bumpers waged his winning campaign and has this to say: "If the U.S. Congress is to grasp the technical challenges of the 20th Century, it must be able to count on skilled leaders. And this will be difficult as long as the politics of localism continue to prevail. Good local politicians -- people good at pressing the flesh, building post offices and getting re-elected to Congress -- are rarely men capable of great political expertise. "The idea that a Dale Bumpers, whose stock and trade is a homely name and a sincere smile, is already being toured as a possible national Democratic candidate in 1976 strikes me as mind-boggling... "!f talent has become unimportant, then the American people must blame themselves for the mess in Washington." As bad as Sen. Fulbright must feel about the election, the comments it has evoked must be some compensation. Great Year For Watergate, Inc. WASHINGTON -- Watergate - WASHINGTON -- Watergate Industries held its annual stockholders meeting at the federal courthouse in Washington last week, and Sherlock Spring- binder, the: chairman of the board, - reported a windfall profit of $2 billion. Watergate Industries is a conglomerate that deals in all aspects of th«. Watergate affair from providing legal talent to selling memoirs of Watergate personalities. Mr. Springhinder told the happy stockholders. "The way things are going. Watergate should be one of the best growth slocks of 1974. The legal profession alone has earned $30 million, and very few of the From Our Files; How Time Fliesl 10 YEARS AGO The Fayclleviile City Council threshed out the Elkins Water Improvement District problem again last night. Water district commissoners reportedly felt that a resolution passed at the Council's May 26 session was not adequate assurance that the city would sell them water. Rising waters of Beaver Reservoir will break one link between past and present when an- 50 VEARS AGO Damage estimated at $3500 resulted from Ihe fire which swept the J. W. Pinkerton residence. 219 N. Block St., shortly after 8 o'clock this a.m. The lire started from a kerosene stove in (he kitchen. The station has been crowded at each outgoing (rain with students, many of them in tears. te!ling their friends goodbye. 100 YEARS AGO Hon. Thos. M. Gunter on Tuesday last was admitted to his seat in Congress for t h i s district and Primafacie Wilshire was kicked out by a unanimous vote of the house. Our people hailed this news with joy and on Thursday evening a large meeting of the citizens, irrespective of party, was held on the public square to rejoice that right had triumphed over cient Indian village and camp sites are inundated, according to UA museum curator Miss Hester Davis. Brig. Gen. Bruce E. Kendall, director of supply at the Army Supply and Maintenance Command at Bailey's Crossroads. Va.. was promoted to major general last week. He is the brother of Leonard Kendall of Kayelteville. With the close of examinations Saturday and the underclassmen leaving for their homes, only the Commencement exercises remain to end up the regular 1923-2-1 school year. "Peter Stuyvesant." the last In a series of six "Chorniclcs of America" put out by Ihe Yale University Press, was given at the Victory Theater Saturday a.m. wrong. One hundred guns were fired and the ladies graced the occasion with their presence. The congressional investigating committee of Arkansas affairs are taking testimony in Washington City. The testimony already taken throws new light upon the subject. The committee will not come to Arkansas u n t i l afler Ihe adjournment of Congress. They'll Do It Every Time By JACK ANDERSON WASHINGTON ·- The dairy lobb.v's S2 million pledge to help re elect President Nixon was o r i g i n a l l y timed to influence his decision "on d a i r y import quotas, ralhcr t h a n price support. The offer was put in writing on December K. 1970. after the W h i l e House halchetman. Charles Colson. had threatened to "put the screws" to the dairymen for contributing to Democrats. Two weeks a f t e r this written pledge was delivered to the White House, the President adopted the import quotas. Then the dairy lobhy began campaigning tor higher price supporls, which the White House ordered on March 25. . 1971. But before issuing the announcement, according to sworn testimony, the White House demanded a renewal of the 52 million offer. This is the chronology of the milk scandal, which w e h a v e put together from our own investigalion. Here are the details: The milk producers began l a l k i n g lo the While House about campaign contributions The Washington Merry-Go-Round trials have begun. By the tim« all the indictments are handed down we expect to have 30,000 lawyers working full time on motions. After the trials we will have another 5,Ot)G producing appeals. Extirnnteri net income from this division should bring in 3100 million. 11 There was a great deal of applause. "Our hook division is a l s o showing a great profit. We estimate that everyone involved in Watergate from John Dean to the mail room boy at tlie Committee for the Re-Election of the Presidnet will have a nonfiction or fiction book out by next Christmas. If you include newspapermen, defendants, prosecutors, former While House' personnel. Former a t t o r n e y s genera!, milk p r o d u c e r s , ex-CIA men, secretaries and grand jury foremen, we believe there will be 67D.ODO different bonks published Hiis year, and the advances alone will come fo S20 million. Tf President Nixon decides to write his book of what really happened, T could see another $10 million in added revenue." THERE WAS m o r e applause. "The movie rights for Watergate are going very briskly. Robert Redford is working on 'All the President's Men/ and several other movie producers are readying projects, including 'Gidget Goes to the Watergate,' 'Last Tango at the While House/ 'The Tapes of Wrath,' 'Lassie at the Supreme Court/ 'The Life of Bcbe Rcbo/o' and 'Confessions of a Jesuit Priest/ Watergate Industries h a s b o u g h t four movie studios, and we n o w have a record division where we intend lo produce the hit expletives from the transcripts." Springbinder continued: "We also plan to go into TV in a big way if the impeachment trial lakes place. We w i l l produce Monday Night at ihe Senate with Howard Cosell and Frank Gifford; to Tell Eh? Truth with Richard Nixon: I've Got a Secret starring Gordon Liddy; and (lie Six Million Dollar Man with Maurice Stans. "Watergate Industries is happy to announce it is going into the employment agency busintss, since it is estimated that there will be .1.15,890 White House aides looking for jobs in the next 12 months. OUR CONGRESSIONAL subpoena printing plant is n o w working 24 hours a day. a n d we just received a multimilHon- rfollar contract from the House Judiciary Committee which should keep us busy for two more years." Springbinder got a standing ovation. "Are there any questions?" he asked. "Why aren't there more women i n v o ! y e d with Watergate?" a militant stockholder shouted from the floor. S p r i n g b i n d e r answered nervously. "It's [rue t h a t Watergate was strictly a white male affair, with very few exceptions. We tried to find women who could become is- volved. but there just weren't any who were qualified. Women don't seem to be physiologically or mentally able to cope w i t h all it takes to be part of a Watergate scandal." (C) 1974, Los AngHrs Times i n t h e early a u t u m n of 1970. At a .September meeting in Colson's office, t h e milk producers agreed to put up $10.000 apiece for the Senate races of 11 conservative candidates whom the While House favored. Hut the d a i r y people also contributed to the campaigns of Democrats, who had influence over dairy legislation. When Colson learned about this, he fired off a sharp memo lo another White House aide, the late M u r r a y Chotiner, who had been dealing with the milk producers' lawyer, Marion Harrison. "'Would you please check with your f r i e n d . Harrison, and tell him if he wants lo play both sides, that's one game; if he wants to' p l a y our side, it is entirely different," w r o t e Colson. "This would be a good way for you to condition him before we put the screws lo him on imports, which we are about to do " True to Colson's threat, the "Self-Destructed" While House lidcl up dairy import quotas whii-h (lie Tariff Commission had recommended. H a r r i s o n complained to us that "Colson wanted a one-way street. He wasn't interested in doing anything (or our clients. This upscl Harrison and his legal associate. Pal Hillings, who had served briefly as Nixon's successor ill Ihc House and had maintained close tics with Nixon. Hillings, therefore, dictated a scorching letter to the President, attacking Colson. Harrison persuaded him to lone down Hie letter. Tlie second draft didn't mention Colson. hut it reminded the President that the dairymen had contributed "about SUS.OfW to Republican candidates in the 1970 election" and were now preparing "to contribute 52 million for your re election." T h i s w a s t h e famous December 15. 1970. letter which put the $2 million d a i r y pledge in black and white. Hillings said he pulled the S2 million figure "out of the air." It was not State Of Affairs Rush To Judgement By CLAVTON FR1TCHEY WASHINGTON -- Having used up Former Secretary of the Treasury John Conn ally anrl, more recently. Secretary of the Treasury George Schultz. the President has now found new superman (former Undersecretary of State Kenneth Rush) to lead us out of the economic wilderness. Rush will start doing this any day nnw, or just as soon as he learns how, which may delay our deliverance for some years. Meanwhile, however, the new economic czar has held his first meeting with the press and .if we didn't know better, it might be thought t h a t the amiable Rush was a humorist, wi'.h a penchant for parody. Uo is. it seems, a "sound" f e l l o w : sound as a dollar -- or at least as sound as a dollar used to be. H-? is. for instance, a "strong believer in a sound fiscal policy." Moreover, he backs the restrictive monetary policy of the Federal Reserve Roard because he thinks it is "sound." Also, he feels "the way lo overcome inflation is to follow a sound fiscal policy . . . ." In this connection, he t h i n k s it is a "very desirable thing" to " 'work (owa rd a ha I a nc ed budget." Keeping people off welfare, he feels, "is also a very desirable tiling." In addition, cleaning up the environment is a "very desirable thing." too. Still another "desirable t h i n g." he says, "is keeping unemployment low." Rush's assessment of the situation would certainly have impressed f o r m e r President Calvin Co-olidge. who himself once said, "When a lot of people are out of work, you have unemployment." X'obody has ever been able to top that description of (he national condition that led to the Great Depression following the do- nothing Coolidse Administration. RUSH WAS A LAW pro fessor at Drake University when Richard Nixon was a law student (here. Later he went into business and became a corporation executive. Mr. N'ixon first made him ambassador to West Germany and then undersecretary of state, Rush, however, is not an economist, although, as he told the press the other day, "I have at least been rubbing elbows with economists for a long time." Mr. Nixon has been doing the same thing for years, with dubious results. Indeed, the President's economic advisers are the most prominent in the nation, and the more advice he gets from them, the inflation and unemployment increase. From now on, though, Rush says, things are going to be different. Hitherto, the President has depended on a "quad- riad" of advisers consisting of the secretary of the treasury, the c h a i r m a n of the Federal Reserve Board, the chairman of the Council of Economic Advisers and the director of the Office of Management and Budget. Now, with Rush at the White House, there will be a quintet and. with the new appointee leading '.he scene, we are assured by Rush that there will be some close harmony -- or at least less discord. Bible Verse "But I would ye should understand, brethren, that the things which happened unto me have f a l l e n out rather unto Ihs f u r t h e r a n c e of Ihe gospel." Phi- lippians 1:12 What seems to be reverses when left in the hand of God, have a way of moving us ever forward. Stand still and see the salvation of the Lord." "He will not fail you." "And she had a sister called Tllary which also sat at Jesus' feet, and heard his word. 1 ' Luke 10:3!) A brand of religion that keeps us r u n n i n g without worship is void of reality and will soon become a drag instead of a lift to life. "In Him is life". Father, help us in His n a m e to spend more time speaking to you and allowing you to speak to us. Amen. "Thy shoes shall be iron and brass: and as thy days, so shall thy strength be." Deuteronomy 33:25 Don'l worry about (he years. As we grow older, the f.ord grows stronger. "The Lord i* my strength." "I am with you alway." As the President's "primary adviser on economic policy," Rush says he will he keeping an eye on speeches, d r a f t s of White House messages and other economic statements by Administration spokesmen. He will, in short, bo Co o r d i n a l i n g policy, assuming there is any policy to co-ordinate. To be serious about all this for a minute, it is all too plain that the Rush appointment is just another White House public relations gimmick. H is intended to give the impression of action where there is no action. There should, naturally, he central direction over the stable of Administration economic advisers, but only Ihe President himself can provide thai, for most of the big decisions inevitably are political ones. THE REASON THE qiiad- riad has been going off in all directions -- often in conflict with the President -- is that Mr. Nixon obviously has no notion of what to do ahout inflation and stagnation other lhan to lalk about the importance of doing nothing. At the Slate D e p a r t m e n t . Rush had Ihe reputation of being a decent, polite and intelligent man, but thai r e g u l a - tion is likely to suffer u n d e r While House service, jifsl as Ihe reputation of nearly all other Nixon advisers has gone down. It's not going to be easy to give coherence to an incoherent economic program. Perhaps Rush can find some comfort in the knowledge t h a t he can't do much worse than Connally, Shull/. and Mr. Nixon's first treasury secretary. David Kennedy, all of whom left government with Iheir reputations more or less i n t a c t despite uninspired performances. Like Siis predecessors. Rush will enjoy the advantage of being covered by reporters who, with a few notable exceptions, know even less about the bewildering world of modern economics than he does. John Connally was able to con a number of Washington correspondents into thinking that, as one put it. he was the "ablest man in U.S. public life." In the light of that, R u s h can hardly be blamed for t h i n k i n g there is hope for him. too. (C) 1974, Los Angeles Times .nlomled as a qold pro qoe lie said, but as an "attention getter" lo get action for tht dairymen. Colson used the $1! million figure in a memo to President Nixon, however, three monthi before Hillings put it in writing. In any event, the President adopted the dairy import quota on Jan. I. 1971. only 15 days after receiving the Hillings letter. The While House claims that Ihe President never saw Ihe llilings letter and lhat the $2 million pledge had nothing to do with his action on imports. The repentant Colson told us t h a t he had sought milk contributions bul t h a t he had scolded Harrison and Hillings for linking the money to government action. T h e following March, President Nixon, overriding the Agriculture Department, ordered increased . milk price supports as well The public announcement was held up, according to sworn testimony, until the While House received a renewal of the $2 million campaign pledge. The President's personal attorney, Herbert Kalmbach. who had soliciled campaign f u n d s from Ihe milk producers, testified (hat the public announcement "was, in fact, linked to this roalfirmation of the $2 million pledge." M e a n w h i l e , Colson sent Chotiner another blistering m e m o complaining about Harrison and Hillings. "Your friends, Harrison and Hillings, have just run out of string... wilh me." wrote Colson. "They are personally abusive -- particularly Harrison -- not only to ... us but to the secretaries in this office and they're making imfMissible demands. . . "They have so muddied up [he present dairy import situation that I almost think there is no way we can help them ..I practiced law for leu VCEU'S in this ctly and wouldn't think ol treating a messenger from GSA the way these guvs think Ihcy can order the White House around "Frankly, in view of the relationship with the dairy industry {hat is involved, f think that these guys are simply too dangerous to deal wilh and that they should either be put in their place or cut out of the act altogether. "They have also refused la hel] recently in a matter of great importance to us. In sum, they are very, very bad news." Foreigners Investing In The U. S. WASHINGTON (ERR) Most Americans are u n a w a r e of the vast extent of foreign i n v e s t m e n t in (he LJ S economy. Such investment is not new. h u t in recent years if has been growing at an unprecedented rale. Many, foreign companies hnve established subsidiaries in the United States while others have taken over existing U.S. firms. "Some forlign corporations have operated in the United Slates for such a long time," Jndilh Miller in The Progressive (May 11)74) "that Americans are astounded lo discover that products presumed lo be as American as apple pie -- like Good H n m o r ice cream. Stouffer's frozen food. Orange Crush soda pop. Nabisco cookies, and California's Paul Masson wines -- are all produced by foreign-controlled cornn rations." The foreign investment boom has readied such a rapid pace (hat the U.S. government has lost I rack of exactly how large it is. A year-long study by Professors Jeffrey S. Arpan of Georgia Slate University and David S. Kicks of Ohio' State University found thai there were 200 to 4011 more U.S. f i r m s owned by foreign companies lhan the Dcpartmnt of Commerce was aware of. "Perhaps the mosl curious aspect of foreign irivtstmcnts here." the pair concluded, "is that virtually no one knows anything about them: who they are, where they are or what they are doing." This slate of a f f a i r s is not necessarily had. unless one ascribes to foreign conspiracy theories or othc frorms of xenophobia. In fact, Arpan and Ricks concluded t h a t Ihc benefits of direct foreign investment were considerable, including new jobs and skill levels, improved lechnoolgy. strengthened competition, a wider range of p r o d u c t s anrl innovative m a n a g e m e n t techniques. They contended (hat (he chances of the U.S. economy ever falling under foreign control were v i r t u a l l y nil. Nonetheless, bills have been introduced in Congress to restrict foreign investments on the ground that they are "inimical to the national interest." Meanwhile, some segments of the American business comm u n i t y arc openly encouraging more foreign investments here. The Conference Roard. an independent, non-profit business research organization. w i l l sponsor a meeting June 13-11 . in Brussels. Belgium, on "The E x p e r i e n c e o f European Companies Operating in Ihe United States" aimed at giving the latest w o r d on the U.S. business outlook, competitive practices, the labor situation, environmental regulations, lax laws and other key factors. Many of the scheduled speakers represent U.S. multinational firms with extensive operations a b r o a d . T h e Americans, after all. are the undisputed champs when it comes to shrewd business investments overseas.

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