Northwest Arkansas Times from Fayetteville, Arkansas on August 9, 1974 · Page 7
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 7

Fayetteville, Arkansas
Issue Date:
Friday, August 9, 1974
Page 7
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Page 7 article text (OCR)

Country Said To Be Ahead Of Leaders On Inflation Control By CHARLES WHITE AP Writer , Business leaders and econonv io experts are hopeful that the 'nation's fiscal , picture will brighten in the wake 'of President Nixon's resignation. But they coupled their optimism with a wait-and-see attitude towards the economic pol- .·icies that the Ford administration will adopt. James H. Needham, president of the New York Stock Exchange, said, ."The rapport that Vice President Ford has with the Congress bodes well for the economy." Predicting some improve- "ment in the stock market and -the outlook for investments was '.Hendrick Houtthsaker, a. for- toier member of the presidential Council of.Economic Advisers who is;now teaching economics .at. Harvard College. £. However, Houtthaaker said Interest rates probably would ·not be affected -- "A lot de- pends on what President Ford says about economic policy after he is Inaugurated." Ford has had no opportunity to comment on'economic policy beyond expressing opposition to wage and price controls, said Houtthaaker. "If he Introduces a positive program, it is possible he will get a good deal of support, as part of the usual honeymoon a new president gets," Houtthaa- ker said. Edgar B. Speer, board chair man of U.S. Steel Corp., said "Being the great nation that we are, I am certain we will quick ly adjust to a new adminis tration without disruption of the country's economic and diplo matic life." The president of the Bank o North America, A.W. Clausen said, "With the air nov cleared, we fervently hope thi new administration, the Con gress and the people of th KiniiiiininiiiiiiiiiiiiiiiiiiiiiniiMiiiniiiiniiiiiiiiniiiii THE WEATHER --. Elsewhere By T he Associated Press Hi LoPrcOtlk "Albu'hue . Amarillp/ Anchorage" Asheville "Atlanta :; Bismarck /.Boise 'Brownsville ^Buffalo ^Charleston ."Charlotte Chicago Cincinnati ..Cleveland ;Denver -Detroit : Duluth .Fort Worth 'Green Bay Selena 'Honolulu "Houston Ind'apolis .Juneau Kansas City Las Vegas · Little Bock "Los Angelc".. "Louisville " Memphis · Miami · Milwaukee 3Mpls-St. P. -New Orleans "New York '-'Olda. City · Omaha t Orlando ^Philad'phia ; Phoenix ;P'tIand' Ore. -P'tland Me. ; Rapid City -Reno iSt. Louis "Salt Lake ."San Diego ',San Fran ^ Tampa ^Washington 84 57 83 63 57 51 75 66 78 71 82 55 80 49. 94 79 74 60 ..cdy .. cdy .34 cdy .21 rn .11 rn .. rn '.. clr .. rn .. cdy 72 1,57 cdy 77 69 72 68 85 65 78 62 82 49 82 65 75 56 85 76 80 57 56 48 89 76 85 8; 81 64 57 48 G6 70 104 89 80 83 86 85 76 79 89 85 92 86 92 80 68 104 79 77 59 87 61 86 57 89 45 89 70 85 56 73 65 67 57 90 78 77 70 .54 rn .. cdy .. cdy .35 cdy .. rn .. cdy .. cdy .. rn .. rn .40 rn .. cdy .09 m .cdy -- _ people _. ... United States will unite to con centrate on the Number On domestic threat, which is in flation. University of Chicago eco nomics Prof. Milton Friedma said the important question i whether Ford's n e w economi policies will increase t'h'e in fluence of the presidency, be cause government spending ha been controlled by a Cdngres he descrbed as reluctant t take strong .anti-inflation steps "Nobody is willing to bite th bullet, he said. "I think th people are ahea'd of their polit cal leaders. I think the publi would welcome a strong policy They are so fed up with in nation they would, not panic. Theft Reported · Mrs.. Geneva Heithold Bailey Dr. told Fayetteville p lice that the rear windows her house had been tampere with sometime Thursday. On window screen had sever holes in it and another-one ha been taken off and apparent replaced with a stick. Mrs. Heithold had reporte the theft of several items take from her house earlier th week, and Fayetteville polic arrested two Huntsville youtli Wednesday in connection wi the theft. 80 72 67 70 74 80 60 64 71 68 72 67 74 .02 . rn .. rn .. clr .03 rn . . c d y .02 rn .. rn ..cdy .. cdy .. rn .01 cdy .. cdy .. rn .01 rn .40 cdy .. cdy .. clr .. clr .. clr .02 rn .. clr .. rn . . cdy .. cdy .. clr cdy rn Two Shooting Incidents Reported Richard Longrcll and Kenneth Becks of Route 2. P r a i r i e Grove, reported to Washington County deputies Thursday that vehicles at tlieir homes have been fired at. Longrcll said soomone firec at his 1972 Plymouth Duster put- Norrhweit Arkanwi TIMES, Friday, Au«. 9, 1974 PAYITTIVILLE, AMKAHtA* ting a hole .in the left b a c k 'ender. Becks discovered two holes !n his 1964 Chevrolet pickup -- one in the tailgate and one in t h e back of the cab. The two estimated t h a t the shots Kxpirr WATCH «n»Am . » i i · i . / fc , ^ SWIFTS 'Last 7 Press Conference Richard M. Nixon Is shown in Los Angeles on Nov. 7, 1962 after he conceded defeat in the California gubernatorial election. He accused the press of treating him unfair- ly and told the press: "This is my last press conference." (AP Wirephoto) ' Christianity faces Struggle Against American Culture NEW YORK (AP) -- The na-' .ion's foremost Eastern Orthodox leader says that Christianity, once comfortably in harmony with American culture, now :aces a struggle against it. "There's been a breach," says Archbishop lakovos head of the Greek Orthodox Church in tlie Americas. He says the civic atmosphere, which in the past was conducive to faith, nas become fouled and n o v challenges religious life. "The church can no .longe; play second fiddle to the state on moral issues," he said in an interview at Greek Orthodoxy's headquarters. "Religion must be the one to enlighten people, to illuminate ife, to influence the nation. Instead of following, it must provide guidance. That responsibility has been placed on us and we must come -up to it." Archbishop . lakovos, whose 15th anniversary as head o: American Greek Orthodoxy is being observed this year, said a secularized nation seems gener ally to have abandoned its founding conviction that all hu man rights and dignity are de rived from a divine Creator. "The covenant and the dream seem to have faded," he said adding that the results show up in deteriorated ethical stand a r d s , corrupted politics blighted ideals and dismay. Historically,. Orthodoxy gen rally has shunned criticism of civic affairs and state systems, iut in the.modern atmosphere, Archbishop lakovos said the need is to free religion from domination by the prevailing secular-civil patterns. For that purpose, the church for the first time is establishing a social-concerns'office to work at applying Christian principles in national affairs, paralleling similar agencies in Roman Catholicism and Protestantism Orthodoxy, whose origins go back to the founding of the faith, split in 1054 A.D. w i t h western Roman Catholicism from which Protestants later separated. There are about 250 million Orthodox believers mostly in the eastern part of he world. They number about 6 million in this country in a dozen branches based on national origins, the largest of which is the 2-million-member Greek Orthodox Church. .. .03 Read It August llth in Man to Watch: Senator Lloyd Benfson Wants to be President "A Harris-poll in January Indicated that no man than two percent of the nation's Democratic voters .knew who he is." Texas Sen. Lloyd Bentgen has a campaign treasury of $365,000 and the inclination 'for the Presidency. Learn this week what his chances may be. No newcomer to Washing- ion (he was elected to.Con- gress in 1948 at the age of 27), he has been busy making friends and progress on the "Hill." Jeff Burroughs: i The Texas ; Rangers Have a : Hitter ; "Manager Billy Martin says '· the 23-year-old Burroughs has ', the test chance of any current · player to turpast the one. ; season homer record of 61..." '- A FAMILY WEEKLY Sports ; Mini-Profile examines the I talents of Texas Ranger Jeff * Burroughs as he bats his way ~ Into superstar status. During ; his first full year playing the · majors he knocked out 30 * home runs. This year ha was ' batting .300 at mid-season. , : He's on the move. " In your copy of th* Arkansas Stow DILLARD'S 3 Great Values For the Homemaker ... Model UMS Special Purchase! Hand Mixer Or Can Opener YOUR CHOICE! 9 If you need to replace your old can opener, now li the time to do it. Opens most standard size cans, has removable "easy-clean" cutting assembly. Handy. cord storage. Specially priced mixer has 3-speed fingertip control, push button beater ejector, balanced heel rest, detachable cord. Manufacturers' Close Out! Orig. 17.95 Spray- Steam-Dry Iron 14 99 Water window, 35 steam vents, stand and store design. 4 separate heat settings, Including Permanent Press, spray at any setting, non-stick cole- plate. Light blue handle, You'll be able to work less and enjoy It morel Housewares--DILLARD'S--Second Floor 99 Model 152BT Open Monday Through Saturday Nights Until 9 5 Ways To Keep Your Cool! Model D5824 24,000 BTUCustom SCPERTHRCST 419 95 18,000 BTU 359.95 The air power you need for larger space cooling In 'hot..wSa.ther. Multiple air direction control" to let you direct air where you need it most. Simulated wood paneling to blend with almost any decor. Model D59119 Model D618 Model JE810 18,000 BTU SUPERTHRUSt 10,000 BTU THINLINE 329 95 Model D5615--15,000 BTU, 230 volt 299.95 Model DEB14--14,000 BTU, 115 volt 329.95 plugs into any adequately wired 115 volt Super thrust air system for. in-depth cool- . groun( j e d circuit. Subject to local codes. '."£^^ffeptds' 3 J^Sro. Easy to mount. Thinline conserves space. Lots of hot weatherstill ahead.! ' " Hurry in!; · 8,000 BTU FASHIONETTE 4,000 BTU CARRY COOI7 209 95 119 95 Model KE806--6,000 BTU 179.95 Model KE805--5,000 BTU 149.95 Outdoor case molded of LEXAN® and that means it CAN'T RUST. 2 cooling fan speeds and air exchanger. Dependable efficient rotary compressor. Choose yours today. · · · · Plugs into any adequately wired 115 volt grounded circuit subject to local codes. Portable enough to have a handle. Weighs only 43 pounds. Non-rust Lexan® case for added durability. Appliances--DILLARD'S--Second Floor Open Monday Through Saturday 10 a.m. until 9 p.m.

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