Northwest Arkansas Times from Fayetteville, Arkansas on August 21, 1974 · Page 23
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 23

Fayetteville, Arkansas
Issue Date:
Wednesday, August 21, 1974
Page 23
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Page 23 article text (OCR)

Northwert Arkanws TIMES, Wed., Aug. 21, 1974 FAY»TT»VILLI. AHK»Mi»» House Rejects Amendment Proposing Public Financing Of Congressional Races WASHINGTON -- Here's how Arkansas Members of Congress were recorded on major roll call votes Aug. 8 through Aug. 14. HOUSE VOTING 'Rejected, 187 for and 228 against, an amendment to provide for partial public financing of House and Senate general election campaigns. It was proposed to HR 16090, a campaign- finance reform bill later passed and sent to a House-Senate conference. The rejected amendment was designed to take effect in 1976. Its failure strongly suggests that House and Senate races will continue to be privately financed, even though the Senate has approved partial public financing. House- Senate conferees \vill resolve the issue. ...The amendment would have d i v e r t e d taxpayer-checkofl money, as opposed to general .U.S. Treasury funds, to a kitty for congressional candidates. To qualify for public money a candidate" would have had to raise a "Threshold" amount in small, private contributions. The pun lie money was to have been spent only for certain expenses vith unused amounts remaining n the Treasury, and would lave comprised a minority of he candidate's total campaign ·evenue. Supporters called it a purify- ng amendment. Rep. Joseph 5aydos (D-Pa.) said public inancing would "eliminate the evil of private funding as re- "lected in the Watergate mater" and make campaigns more competitive. Opponents said the overall reform bill attacks Watergate- style abuses by limiting spending in congressional campaigns, and warned that public financing would diminish the important fund-raising roles of the Democratic and Republican parties. "The parties might be brought to a state of atrophy...," said Rep. James V. Slanton (D-Ohio). Rep. Wilbur Mills (D-2) voted yea." Reps. Bill Alexander (D-l), John Hammcrschinidt (R-3) and Ray Thornton (D-4) voted "nay." CONVENTIONS - Rejected 205 for and 206 against, ar amendment to prevent public inancing of the major parties' presidential nominating conven- ,ions. A vote against was a vote n favor of the public financing roposal, which was included in iR 16090 (above). With this vote the House went on record as favoring public fi- mncing of conventions. The Senate version of HR 16090 does not approve of such public inancing, leaving its future' uncertain. The House language provides that a major party could receive up to $2 million for a convention. Parties other than the Democrats and Republicans could receive limited funding if :hey have sufficient public support. The J2 million would be raised through the existing system of taxpayers diverting one dollar of their federal taxes to presidential campaign expetv ses. M e m b e r s supporting t h e amendment (opposing public financing) argued that minor parties would be discriminated against, and that federal financing would trigger eventual federal control of nominating conventions and political parties. Opponent* of the amendment called for reforming the traditional practice of labor unions, corporations and other special nterest underwriting much of national convention expenses, ind then writing-off their out- ays as tax deductions. Hammerschmidt voted "yea." Alexander, Thornton and Mills voted "nay." ..SETTELMENT COSTS -Rejected, 199 for and 202 a- ;ainst, an amendment to retain :he Department of Housing and Urban Development's authority to regulate settlement costs that are charged to persons buying lomes with Veterans' Administration and Federal Housing Administration loans. The amendment was proposed to HR 9989, which would establish a degree of nationwide uniformity in settlement procedures, with the intent of making such procedures fairer and more understandable to home- buyers. But HR 9989 eliminates HUD's four-year-old but little- used authority to discourage excessive settlement charges. 'Happy' Compared To Dutchess Of Windsor .; Her full name is Margaretla ;Fitler Murphy Rockefeller, but ·'she's known almost universally ;as "Happy."' · She's been compared to the ·Duchess of Windsor and ac- ··cused of costing her husband a Tchance at the presidency. She is tall -- 5 feet 7 -- at- of at .home pouring tea for some for;mal function or relaxing on a ·country estate. · Her finishing school yearbook -noted her "bright smile and "perpetual good humor." ! Happy Rockefeller, the wife "of the msn President Ford .nominated Tuesday as vice ; tractive and is the kind ;woman who looks equally president, was born in Bryn Mawr, Pa., on June 9, 1926, the daughter of William Wonderly Filler Jr., a millionaire. Her parents were divorced when she was 10 and her mother later remarried George E. Bartol of Wynnewood, Pa. Happy was brought up in the Philadelphia Main Line society of money and distinguished ancestors -- one great-grandfather was Gen. George Gordon Meade, commander of the Union forces at Gettysburg; another great-grandfather, Edwin H. Filler, was mayor of Philadelphia in the late 19th century. She attended Shipley's finishing school for girls, was gradu- Livestock Report '·· Prices rose and supply in- .creased in cattle sales at the -livestock auctions held at :Springdale and Fayetteville this ·past weekend. Prices ranged ·from $1.50 to $4.50 higher ac- ·'cordirfg to the Federal State -Market News Service. · Auction results were: : SPRINGDALE ' CATTLE: Estimated receipts :i,200, week ago 918. Compared Ito last week's sales, slaughter Jcows steady to strong, slaughter bulls, fully' steady. Feeder ^steers fully $2-4 higher with f most advance on weights under }400 Ibs., feeder heifers $l.-2. /higher. Supply largely Good and ·Choice 250-850 Ibs. feeders, tabout 20 per cent cows, and '1 per cent slaughter bulls. ; SLAUGHTER COWS: Utility 'and Commercial $22.-25.70. High 'dressing Utility $24.-27.40. Cutler $20 10-22.80. Canner 18.-20. . SLAUGHTER BULLS: Yield 'grade 1-2 1165-1470 Ibs. J31.50- .33.60. ; FEEDER STEERS: Choice ,'300-400 Ibs. $36.-41. 400-500 Ibs. 'X33.-39.25. 500-700 Ibs. $32.-36.20. 100-800 bs. S33.-35.70. 900-1000 : lbs. J28.-33.10. Good including ·Choice early maturing, shon 'bodied and most bulls, 300-400 ·$30.25 Package 89 head Holstein ^steers average 936 Ibs. private 'treaty $265. . J FEEDER HEIFERS: Choici ·300-400 Ibs. $31.-34. 400-500 Ibs "some rather fleshy J29.-33.7E 550-700 Ibs. partly fattenec : $27.75-32. Good including Choice "short bodied early maturing ·300-400 Ibs. $25.-30.50. 400-600 Ibs. $24.50-27.75. , REPLACEMENT C O W S .'Choice 3-7 year old 525-900 Ib 'cows $22-28. Good $21.50-25.40. . COW AND CALF PAIRS ·Choice 3-7 year old 525-900 Ib "75-300 Ib. calves at side $310.-36C ·per pair. . · HOGS: Estimated receipt 425, last week 243. comparei to last week's sale barrows and igills $1.-1.25 higher, sows $2 higher, boars steady. · BARROWS AND GILTS: Ui ·1-2 210-240 Ibs. $37.75-38.75. · SOWS: US 1-2 300-400 Ibs $31 -33.; 400-545 Ibs. $28.-30. FEEDER PIGS: US 1-2 40-5 Ibs. $16.26-19. per head. FAYETTEVILLF, CATTLE estimated receipt 1.400 head, week a'go 834, yea ago 1,800. Compared to las .week's sale slaughter cows am slaughter bulls near steady Feeder steers $1.50-$3. higher instances $4.50 higher. Feede heifers steady to a $1. higher Supply largely Good and Choic .250-750 Ib. feeder steers, abou 20 per cent cows and cow-cal pairs, with 1 per cent slaughle bulls. SLAUGHTER COWS: Utilit ^nd Commercial S22.-25. Cutte S20-22.50; Canner $17-20.10 SLAUGHTER BULLS: Yile grade, 1 only partially teslef individual 1,335 Ibs. $32.50 ' FEEDER STEERS: Choic 300-400 Ibs. $37-$41.50; 400-50 I b s . $34-40.; 500-750 Ibs $32.36.50; Good including Choic early maturing short-bodied an most bulls 300-400 Ibs. $28.7 34.50; 400- 700 bis. $26-31.75. FEEDER HEIFERS: Choic 250-400 Ibs. $3I.-$35.; 400-50 !bs.; $2B.75-$33. Good includin Choice short-bodied early m turing 250.400 Ibs. $25.-$31.5 '400-600 Ibs. $25.25-$29.10. '· REPLACEMENT C O W S Choice 2-7 year old. 495-950 Ibs 423.50-29.; Good $20.10- 25.50 _OW AND CALF PAIRS: hoice 3-7 year old cows with -200 Ibs. calves at side $300.55. per pair. Good $240.-290. r pair. HOGS: Estimated receipts 675 eluding 47 sows and 7 hoars, ek ago 386, year ago 197. ompared to last week's sale arrows and gilts unevenly eady, sows $1-2. higher. Boars Jly steady. BARROWS AND GILTS: US 2 225-235 Ibs.; $38.25-$38.50; US 3 260-270 Ibs.; $36.-$37. SOWS: US 1-2 300-400 Ibs. 31.25-?33.25; US 1-3 400-585 Ibs.; 7.55-J29.50. BOARS: over 300 Ibs. $21. FEEDER PIGS: US 1-2 40-60 bs. $15.-18. per head ;US 3 40-50 s. S12.50.-14. per' head; 50-60 hs. $14-$15.60 per head; US 4 0-40 Ibs. $6.75-$10.50 per head Jtility 25-30 Ibs. $5.50-$8.50 pe ead. With this vote the House favored removal of the HUD authority. The Senate has voted to continue it-and the issue will be resolved in a House-Senate conference. The sponsor, Rep. Fortney Stark (D Calif.), said support of liis amendment is "a vote for Ihe consumer" and-against title insurance companies, banks and lawyers, "Whose fees are high enough.' He added: "Every member who has voted against this amendment is going to have to explain to his constituents about why he has not done something about closing costs." Opponents noted that HUD has rarely if ever used the regulatory power, and called it "an ambiguous and controversial provision" that should be eliminated. Rep. Richard Hanna (D-Calif.) said "more uniform" nationwide home-settlement procedures must be established before a national regulatory policy can be implemented. "There is no way we can pole vault from where the law is ,o where _some people would ike to have it be," he said. Alexander, Hammerschmidt, Thornton and Mills voted "nay." SENATE VOTING Rejected, 28 for and 60 against, an amendment dealing with the insurance liability of utility companies in tlie event of nuclear power plant accidents. It sought to increase a utility's liability level by permitting states to set standards that would be tougher than existing federal standards and was proposed to HR 15323. Under present law a utility's maximum liability is $560 million, according to Sen. Richard Schweiker (R-Pa.). Had the amendment passed the Senate and gone on to become law, states would have been able to require a higher indemnity level. S c h w e i k e r argued that damages from a nuclear accident "could cost billions of dollars." Supporters also argu ed that some nuclear power plants pose greater danger than others, due to populaton and geographic factors, and that state-by-stale flexibility in set- ing insurance standards is therefore necessary. Opponents said the amendment would upset the existing uniform national policy on nuclear power plants, slow construction of plants at a time of energy shortages and, in the words of Sen. John Pastore (D- R.I.), "bankrupt every public utility in this countyr." Sens. J.W. Fulbright (D) and John McClelland (D) voted 'nay." TAX BREAK -- Adopted, 45 for and 43 against, an amendment whose effect is to interpret a gray area of' the U.S'. tax code so as to benefit the trona -ore industry. It was attached to a bill (HR 7780) dealing with the tax classification of silk yarn. At issue was the point at which the mineral-depletion al lowance should cease providing tax breaks for handlers of tronr ore. The Senate vote means tha everal corporations may b« able to claim depletion benefits or processing work which take ilace after the mining stage jut before what they define as he marketing stage. Benefitted most by the vote are companies such as Allied Chemical Corp. and Texas Gulf Corp., which mine most of their orna ore in Wyoming. Sen. Clifford Hansen (R.- Wyo.) sponsored the amendment. Sen. Russell Long (D-La:), a supporter of the amendment, said the measure compensates investors for a previous Trea. sury Department error in-interpreting the taxcode. He said it's unfair for stockholders' to lose anticipated dividends "because Treasury said it revised what the law was intended to be and what the law is." Sen William Proxmire (D- Wis ) said the amendment typifies how the tax code has been "filled with loopholes, potholes, truckholes, exceptions, and spe; cial favors since its inception. McClelland voted "yea" and Fulbright voted "nay.' :ed in 1944 and served as a ospital worker and driver for American Women's Volun er Service in Philadelphia. le made her debut in that city nd married Army Medical orps Capt. James Slater Mur- hy in 1948. Ten years later, she worked a volunteer in Nelson A. ockefeller's successful cam- aign for governor of New ork and later joined his staff s a paid employe. In 1962, Rockefeller divorced is wife of 31 years and the mother 'of his five children and nnounced he would marry irs. Murphy as soon as pos- ble. In April 1963, Happy got er divorce, signing away cus- ody of her six children, and arried Rockefeller the follow- ng month. She tried later to re- ain custody and lost, but won isitation rights. She and Rock- teller have two children of icir own. In 1964, Rockefeller sought he GOP precidential nomination, losing to Arizona Sen larry Goldwater. Many blamec le divorce and compared the New York governor to the Duke f Windsor who gave up the hrone of England for the woman he loved. As the years went by, the an Jer and criticism that came vith the divorce faded. Mrs Rockefeller drew as many c h e e r s as her husband 'Where's Happy?" shouted th crowds at the 1968 Republica convention in Miami Beach. Mrs. Rockefeller responds ea gerly to that kind of acclaim "The people are wonderful am you can't help but have a goo time," she says. Today, the divorce seems t many an old-fashioned issue First Lady Betty Ford was d vorced from her first husbanc President Ford's mother wa divorced from his father. SALEOLSALES Now! 3 Convenient Ways To e, - - We're introducing Master Charge and BankAmericard to our customers in the State of Arkansas for one bfg reason: Convenience! Yes, now you can say "Charge It" three ways. These two popular credit cards plus your Dillard» credit card will give you the trouble free shopping that we think you deserve. At All DILLARD'S and DILLARD'S Pfeifer-Blass Stores in Arkansas HOMES FOR AMERICANS SWEEPING SPLENDOR--This gracious Colonial home possesses the most important attribute for luxurious living--sufficient space. The grand sweeping staircase ends in a curved second-floor gallery. Immediately to the left of the spacious foyer is a library which may serve as a fifth bedroom. The daily living facilities overlook tba rear and side patios. The second floor, of 1,370 square feet, bouts a lavkb master mite and three nice-size children's bedrooms plus a step-saving laundry room,'near where the linen is used, Plaa HA835P has 1,455 square feet on the tint floor. It w as designed by Sameel Paid, 10T-40 Queens BtaL, Forest Hffls, N.Y. 11375. Anyone wishing to know the prieeot the bteeprint can write to the arohstacs, a ««r*ed, MlfidrlMMi ~ Compare at $16 Back To School Handbags 8" Geared for hack to school ... a whole collection of "kicky" new fall handbags in soft g e n u i n e leather, glace or novelties. All are roomy enough to carry everything you need for your busy schedule. C h o o s e from shoulder swaggers and totes in new fall colors. Handbags--DILLARD'S --First Floor Budget and Half-Size Dresses Greatly Reduced Orig. $14 to $36 and more OFF AND MORE Fine Values In Fine Lingerie A. Orig. S3 Forma] Slip, In Anlron HI® nylon tricol that is anti-static, non-ding. In while. 32 lo 38 .. 4.M B. Orig. (6 Formal Petllskirt. In Antron ni® nylon tricot. In while. 3. M. L, XL 3.M Orig. ?6 Pant Liner In Antron UI® nylon tricot. To wear with pants or long skirts. In white. S, M, I,, XL .."...: !.. 3.M Not Shown: Bikinis Orig. $1 each Famous Make Bikinis. Prints and jolids in sizes 5. 6, 7, * for is Lingerie--DILLARD'S--First Floor Now 6.99 to 17.99 Save \'y and more nn budi get and half size dresses in an assortment of styles, colors and easy care fabrics, Choose from cottons, poly es ted and others in shades of green, yellow, pink, red, orange, blue, black or white: Sizes 10 to 20 and H'/a to 24 ',i in the group but not all styles In all sizes so shop early. Budget and Half Size --First Floor Open Monday Through Saturday 10 A.M. Until 9 P.M.

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