Northwest Arkansas Times from Fayetteville, Arkansas on July 17, 1974 · Page 6
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July 17, 1974

Northwest Arkansas Times from Fayetteville, Arkansas · Page 6

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Fayetteville, Arkansas
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Wednesday, July 17, 1974
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Page 6
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Editorial-Opinion Page The Public Interest Is The First Concern Of This Newspaper * · WEDNESDAY, JULY 17, 1974 Co/son Believes CIA Had Goods OnRMN Special Session Postscripts There are several things to be said about the recently concluded special session of the General Assembly. --It marked, for practical purposes, an end to the active service (as presiding officer of the state Senate) of Prof. Bob Riley as lieutenant-governor. Riley deserves commendation, we believe, and an expression of appreciation for serving diligently, honestly, forthrightly and with an undeniable individuality under a governor whose charismatic conduct of of'. fice tended to obscure lesser figures in his ' administration, RHey was a special friend of Northwest : Arkansas and the University, and his coun: sel on matters of interest to this area will · bt missed. ; --The special session also marked the : close of the senatorial career of Mrs. Dorothy Allen of Brinkley, who has servjed since HH55 with a firmly moderate view of things. ·. As the only female member of the upper :· chamber, it is our thought that she brought :. to it an obligation toward civility and gentle: ness that will surely be missed. ~ State government needs more, not few- ·. er lady members in its ranks. : --Most of what Gov. Dale Bumpers asked for has now been approved by the law'* makers, though it all could surely have been i done in a week or 10 days instead of three r, weeks. (Why the Legislature feels compel- ·] led to prove again and again its indefatigable ·: deliberative powers we do not know, un.: less it has to dp with a crisis of confidence, -. or something like that.) --Gov. Bumpers bows out, an uncommonly successful legislation activist, without a significant wilderness preservation pro-:-gram in place. Although he trimmed his :. request for funds twice, and sought a ya- " riety of compromises, all efforts met with singular lack of success. The theory is that the Legislature was anxious to deny the popular governor something -- as a show of independence -- and "wilderness" turned out be the only available option. (If this is so, perhaps the next governor can gain remorseful enactment.) --Lastly, the Mutt Jones affair is, it · seehis to us, unfortunate for both state and Legislature. Granted, that the gentleman tax evader is a personal friend of many of the state's senators; and that the Legislature (as do all legislative bodies) has a degree of clubiness . and loyalty one to another. Granted, too,' that voting against a friend, or a political "creditor" is a painful business; and that Sen. Jones' attorneys made much of the fact that the convicted felon has not served time. Granting all this, it remains clear and certain that in order to function properly with the respect and confidence of the public, our democratic institutions of government must be above a standard,of conduct of simply staying out of jail, or by not com. mitting a crime so infamous that the office holder's right to serve would be rendered moot by virtue of the bars on his prison cell. It is not our purpose here to agonize over the character of Sen. Jones. His record speaks for itself. What is distressing,/however, is the failure of the iitate Senate to seek a moral ground higher than the buddy- system. Perhaps, public opinion eventually will gain a measure of satisfaction through the ballot box. We doubt that suggestions for write-in opposition to the "dirty dozen" this fall will prove a substantial remedy. But, if Sen. Jones decides to serve out his remaining two years in office the issue will still have a contemporary flavor when next the primary elections roll around. Judgment may have to wait until then. From The Readers Viewpoint A Critique To the Editor: Your article on our open mar-' ket stunk! .The editorial was uncalled tor and very unfair since the market had just opened; and response from customers has been very good and they understand that there is limited produce available this time of the year. To me the market means wholesome produce that is . locally grown that the cuslo- From Our Files; How Time Flies] '- 10 YEARS AGO V Charles E. Calico, walked - voluntarily into Fayetteville .city jail yesterday after escaping last week. He was promptly fined $150 and given 60 days for his week of freedom. .'. Mayor Brown this' morning U lisued a plea for residents to "ihelp authorities curb vandalism ;,vat the city's parks. He reques- -jted that persons who see "these ,-:malicious acts" .call authorities -^immediately..' . 50 V '·', The first fertilizer school for "businessmen a n d fertilizer i ales men ever held broke all :; records for business conven- jjtlons here today when it was ^'opened fifteen minutes ahead of time because t h e crowd com- pletely filled the big lecture - room in the agricultural building at the University. The - hotels were filled and many visitors were placed with pri- L:vat« families. ", Mountain Inn, Fayetteville's 100 YEARS AGO The Board of Trustees of the . Arkansas Industrial University, - it its recent session adopted a ·schedule of salaries for payment of the faculty for the "·ensuing year. The salaries range from J2.700 for the presi- - dent to $400 for the Professor '.. of Music. The executive com- nittee will meet on the 10th of August to fill the vacant chairs in the faculty. The pro- Probably the coolest spot in town bright and early' Monday morning was the middle of the intersection of Dickson and College. Monday m o r n i n g was p l e a s a n t weatherwise, anyway, but s m a c k in the middle of the street a truck lost a supply of ice. Some of the spattered cake was on the sidewalk, most of it in the street. No damage done, but some motorists were surprised as they realized they were driving in mid-summer, on ice. new hotel, will be formally opened Saturday night with a dinner-dance. The hotel represents an investment of more than $40,000 pii the part of James Ward, -Sr., of Fort Smith, who has completely renovated the Oriental Hotel. Clela Hurst, daughter of Mr. . and Mrs. C. Hurst of Fayetteville, was.winner of first prize in the music contest h e l d this week by John Brown University. fessorship of History and English Literature, and that of Civil Engineering are to be filled. M. McFadden, Center Street, near northwest corner of the square, is always prepared to do any work in the tailoring line on short notice. Hundreds of gallons of blackberries are brought to t o w n every day. rners can buy, fresh 'from the garden so to speak. Locally grown indicates I'm sure you can understand ecology over importing produce across the country at great fuel expense; and at that poor quality! And what do you have against local growers getting a little mone-' tary subsistence! And perhaps do the little bit in shutting of! the water of big business! Inflation in great part is committed by too many middlemen parasites guaging on the producer and tax payer. The trouble is that in this country we-have, ten chiefs lo two I n d i a n s ! - I t would be good if .this thing catches on and perhaps hurt the fat of the supermarkets; for the word is that produce is going to climb threefold the next couple years. And if you are for big business., you shouldn't be writing a paper for the people! So the contents of your editorial would seem to indicate that you'd feast .in its failure; instead of, on the other, hand, perhaps giving it some promotion: ,we should promote'good causes; even editors! Norberl Brandner ; Lowell · , They'll Do It Every Time FOOLISH POST OFFICE QUESTION- 8/724 StIKTHe/AK. SOT THE MAILMAN WILL OWLV IT FOUR.-FlrTrrS OF THt WAV XX) GOTTA MAIL THINGS QUICK TH£S£ CAYS PRICfc 306S Uf» ISCOSHT kUTH WtfS rcoerxxro UAJL A UTTER! ALWAYS AN OLP6UVWO SMS HE REMEMBERS WHEN A LETTER WAS UHTICI THfMtlP? Urban Woes To the Editor: Arkansas is beautiful and so is the city of Siloam Springs. Unfortunately there are s o m e streets in Siloam Springs t h a t are not · clean, beautiful and sanitary. To say the least. North Hill. Siloam Place, Benton and Tahlequah are t h e streets. Our Mayor and the city Council found it necessary to establish their city parking lot just behind my home. All the city equipment such as the garbage collecting, dump and oil trucks plus a large pile of sand is situated in this lot. Some of this equipment are old Army trucks. Such dirty junk as thai has lowered Ihe value of our properly. The noise of all this equipment ruins our rest at night, for they drive in and out all thru the night. Enjoy a cup of coffee in early morning: how can I, when all the dirty trucks start up again. Our yard used to be beautiful; however now our yard is ruined; t h e city employes removed our fence and pulled ouX all our pretty flowers and built their own fence. I have written our Mayor Robert Henry on May 10, 1974, about our problem and he has never replied. I have at many different times called this situation to the attention of Mayor Henry. However the Mayor has ignored the issue completely. Mr. Mayor, why did you not respond lo my letter of May 1074? Let's have better Cily Governmenl in Siloam Springs, and let's keep our Cily c l e a n and beautiful. Let's clean all the dirty equipment off of N o r I h Hill, Tahlequah, Benton, and Siloam Place. Mrs, J. W. Smith (Represenlative of Aahlequah, North Hill, Benlon, and Siloam Place.) Siloam Springs r By JACK ANDEHSON WASHINGTON -- On tape- recordings made shortly before he began a federal prison term, Charles Colson said he believes Ihe Central Intelligence Agency has evidence that still more campaign funds were, diverted by. the Nixon family for personal expenses. The former White House aide said he thinks this is a rhajor reason why President Nixon is afraid to make a thorough, investigation of the CIA's mysterious role in Watergate. · Senate Watergate probers already have reported they found $l,562 in campaign money funneled 'by 'Nixon crony Charles "Bebe" Rcbozo into such gifts as diamond-studded earrings for Pal Nixon. Colson, however," said he believes the CIA has learned that N the President and his family also made personal use of the infamous ?10D,000 given by billionaire Howard Hughes to Nixon, and channeled through Rebozp. Colson advanced his theory in three hours of talks with businessman-detective R i c h a r d The Washington Merry-Go-Round Bast, who Colson approached lo investigate 'the, CIA. Sucti a 1 probe, Colson felt, would show that the CIA framed him-. Tiie ex-White House "dirty' tricks" ringmaster said he was never'able to convince the Pre- · sitient lo fire CIA Director William Colby-and put a Nixon man at the head of the CIA. "They must certainly know something very heavy' on Nixon." commented Bast, who was secretly tape-recording Colson. Colson, himself a deft bugger* ot conversations while at the While House, replied, "They must." ,"I mean; if he knows this stuff is going on, and he's not doing anything about it..." began Bast. · :"You know what I think?" interrupted Colson. "You want, to know what 1 really think?...I'm loyal to the guy (Nixon) , 'cause he's my friend...I think . Bebe used that $100,000) for himself and for the President, for the family, and the girls. I think that the President figures -- this is my woist suspicion -- that if he really blows this, Hughes can blow the whistle on him." As Colson saw it, however, .it. would be the CIA who put Hughes up to blowing the whistle. Hughes. Colson pointed out, had close organizational t i e s with the CIA. Bast asked whether the only thing the CIA had' hanging over Nixon's head was the $100,000. . Replied Colson morosely: "Who knows that that's the only $100,000." Colson is the lifst to suggest the CIA has undisclosed evidence of Nixon campaign fund misuse, but there have been reports of fund-juggling ever since, we first told of the $100,000 Hughes ,gift three years ago. On May 28, for instance, we reported that "Rebozq i pa i d (for) presidential pool, pool table and architectural services." The story was confirmed almost word lor word Art Buchwald A Letter ...To. Frankle By ART BUCHWALD To Frank Sinatra Wherever You Are- Dear Blue Eyes. I 'just wanted to tell you how shocked all of us here in America' we're when we heard the Australians had cut off your room service and refused to refuel your private airplane just because-you, called women reporters "SI.50 hookers" and said male reporters were "parasities who never do an honest day's work in Ihcir life." I mean didn't they know who they were messing with? As soon as the bulletin came out on the wire services, I called the White House and said, "What are you going lo do about Frank?" and you know what the joker on the phone said? "Frank who?" That just shows you what shape the White House is in since all your pals left. I'll tell you one thing. If Spiro was still there, they wouldn't have asked "Frank who?" So I told them, "Frank Sinatra, the Chairman of the Board, Ol' Blues F,yes himself. The Aussics are holding him hostage because he insulted the press and his people started beating up on reporters. What are you going lo do about il?" Well, you known what the bumpkin said? "That's an internal matter between Mr. Sinatra and the Australians." That really got me sore and 1 said, "Do you know Frank gave more than $100,000 to Nixon's campaign? Doesn't he get a little service for that?" SO THIS FLUNKY said, What, do you want us to do?" "Nuke 'em!" I said. "Nuke "em?" he answered like he was shocked or something. "Frank would want it that way," I told h i m . "We can't drop a nuclear bomb on Australia just because Mr. Sinatra can't get room s Mr. Sinatra can't get room service," he tells me, So I said, "Check it out with Kissinger before you say no. He owes Frank a favor." I . d i d n ' t get any satisfaction frorn the White" House so 1 called the Australian embassy and got Ihe ambassador on the . line. I said .unless the , prime minister of this country person- ally apologized to you, Maxine Cheshire would throw a picket, line around his -embassy and cul off his waler and gas. He gol a lillle nervous a'bout that, but he . said Australia was a free country a n d he'couldn't'do · ' anything about what unions over there decided to do to you. How do you like that, Frank? A free country and they won't even let you rough up a few newspapermen. I told him he wasn't.messing around with some pop singer. I said you were the greatest enchilada of them all. I said unless you got some satisfaction for the way you were treated, America was going to lay on a boycott of kangaroo meat thai would make the Aussics' heads spin. I think I gol the message Ihrough because he said he would get in touch with his government and report back to me. I KNOW YOU'RE wondering why I'm doing all this for you. The truth is. I'm not only doing it for you but for every American entertainer in the'world.- Unless we stand up for your rights, , the United Slates is going to be treated like a pitiful helpless giant. Look what they "did to Sammy Davis in Monaco. If we had nuked 'ern--afler Sammy wasn't invited to a cocklail party at the palace, you wouldn't have had all that trouble in Australia. We've got to draw the line somewhere, and you're as good a case as any. Sure, you worked things out in Australia for the moment. But I wanted you to know how we feel about you here in Washington. Whatever you do abroad is okay with us because you did it YOUR way! Have a nice day, A.B. (C) W74, Los Angeles Times The Media And Watergate (Comment made during an interview with Clare Booth Luce in 'U.S. News World Report'.) Q. How would you, characterize the media's handling of Watergate? A. It reminds me of a famous Texas character, Judge Bean, known as the "law west of the Pecos," who said, "Let's give this hero horse thief a fair trial before we hang MM at 2 o'clock this afternoon." But in criticizing the President, the media is only doing tohat it has always done. If you read the attacks that the press has made on other Presidents in days gone by, the attacks on Nixon are not, by comparison, much worse. In fact, Washington. Jefferson, Lincoln and--in his first term- Roosevelt were just as savagely treated. The press hotted the Congress up to impeach President Andrew Johnson. When you read the history of the press, 1 think you have to admit that the media, while it is infinitely more power- jut than it was even 50 years ago, is give or take a vindictive paper here or there, altogether a much better and fairer press. ' by a formal Senate Wafcrgalt report on July 10. Though suggesting that tht CIA was not above blackmailing Nixon, Colson himself told Bast he was considering doing the same thing , to the President. A recent and fervent convert to Christianity, Colson ,' suffered an apparent relapsa when he said lie planned to use "a little leverage on getting the President to gel off his a, (and )stop this CIA crap.'" The "leverage"'was to be a report, passed nn by.Bast, that Nixon had received a hefty contribution from the Shah of Iran. We later alluded to that story, ' pointing out that the Shah's re- prcsi'htallve, former Secretary of Stale William Rogers, h a d firmly denied il. "You may be giving me tha key (to getting the President to investigate the CIA)," Colson said excitedly when Bast related the' tale of a royal Iranian gift.: "You may have pul me in the position ot being able to say (to the President) 'let's cut out the s--'," Colson went on. "You don't want to practice blackmail on the President. You don't want to put yourself in the same position as these other people have. Chuck," said Bast. The tape purred soundlessly for a moment. "I don't call it blackmail," said Colson. F o o t n o t e : Colson's brief threat lo blackmail the President was clearly not to save himself. He had already agreed in writing to plead guilty to obstruction of justice. In any case, he quietly informed Presidential Counsel Fred Buzhardt of the Iranian report and did no more about it. CIA sources said the Colson campaign funds charge is "baseless." Inflation Haven Can Be Risky WASHINGTON (ERR) -- As Ihe value of the dollar continues to sink, investors are casting about for new ways to protect their money from the ravages of inflation. Some buy land or real estate. Others prefer gems, precious metals, or w o r k s of art. In many instances,. these investors would be better off if they entrusted their cash to a bank or savings and loan. Take land, for example. As a rule, the carrying charges on recently purchased land run about 10 to 12 per cent of the price per year -- 7 to 8 per cent interest on the seller's note and 3 to 4 per cent in real estate taxes and incidentals. This means that raw land must appreciate in value at twice the historic average of 8 per cent to pay off. "Is your l a n d that except i o n a I ? '.' Forbes magazine asked. "Unfortunately, you · won't know for sure until you sell it. Or to be more precise, until you try to sell It. There may be no takers." INVESTORS IN ART, gems and precious metals often lack the expertise to make wise choices. This was certainly true of some of the well-heeled Japanese who invaded the art markets of New York, Paris and London 1 about two years ago. "They had no time to de- · velop ah eye for Western art," a French art dealer said. "Just the way we'd.say all Japanese look alike to us, they couldn't distinguish between the good and the mediocre. They bought indiscriminately:" M a n y a r e now selling their acquisitions at a substantal loss. The gem market is equally treacherous for the novice investor. "Even in the best of times." Dun's magazine observed, "the executive who invests in gems is going blindly into a field where there is no central market place, · no reported prices and no liquidity. Buying gems ( takes an expert's eye and a veteran's feel for the market -- the kind that only daily involvement can bring.!' Above . all else, the gem investor should bear in mind that h» invariably pays the retail price when buying but will receive no more than the. prevailing wholesale price when he sells. Well, then, how about silver? Despite the rising prices of bullion and coins In recent years, the experts advise caution. "The market this year has been ourelv psychological " said Robert Keck, a commodity amlyst at Bache Co. "And ' prices have reacted because of demand from a lot of people who believe that silver has some kind of magic to protect them against disaster." Since Keck made that observation early this year, the price of silver has dropped from around $8 to $150 an ounce. THAT LEAVES gold - "the immutable and fiduciary value par excellence," as the late Charles de Gualle reverently described it. Legislation approved by the Senate and pending in the House would lift the 40-year-old ban on private ownership of gold bullion.'If the bill becomes law, many brokers expect an epidemic of gold foyer to sweep across the land. They may be disappointed. "The experience in Japan, which lifted Its ban on gold last year, suggests no bonanza for speculators," Business Week noted. "In April 1973, when tho ban was lifted', dealers imported 31 tons of gold. In May. gold imports dropped to 13 tons, and since then the monthly level has never topped 10 tons." The lesson seems to be that there are few investment havens in an inflationary world, and that the people who find them are at least as lucky as they arc astute.

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