Cedar Rapids Gazette, July 21, 1974, Page 2

Cedar Rapids Gazette

July 21, 1974

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Issue date: Sunday, July 21, 1974

Pages available: 271

Previous edition: Saturday, July 20, 1974

Next edition: Monday, July 22, 1974

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Cedar Rapids Gazette (Newspaper) - July 21, 1974, Cedar Rapids, Iowa HIGH COST OF BORROWING Look iii (.Ii. Housing Situation (In Section A)"MAKING TODAY COUNT" Thai's lUirlington Man s Coal (In Section B) Section A Weather— ('hance of showers, high today mid-90s. I vows tonight around 70. Slightly cooler Monday. VOLUME 92 - NUMBER 193 CITY FINAL 35 CENTS CEDAR RAPIDS, IOWA. SUNDAY, JULY 21, 1974 ASSOCIATED PRESS, UPI, NEW YORK TIMES WASHINGTON (UPI) - President Nixon knew 13 months ago that his crucial March 21, 1973, talk with John Dean was a “tough” problem that would give Dean “some justification’’ for testifying that the President was part of the Watergate cover-up, it was revealed Saturday. Nixon also realized 13 months ago that he “should have reacted’’ to the Watergate scandal Additional judiciary committee evidence on page WA. long before Dean warned him March 21 of a “cancer growing on the presidency.” In a previously-unpublished transcript of a secret White House tape, Nixon worried aloud about that March 21 meeting — a session that may prove critical evidence when congress decides whether he should be impeached. The transcript was released by the house judiciary committee Saturday as part of evidence amassed for its impeachment inquiry. First to Ilaig The bulk of the material released plowed ground already well known. In the transcript Nixon IV * —UPI Telephoto GREEK-CYPRIOT SOLDIERS behind a sandbag barricade guarded the defense ministry in Nicosia Friday as Cyprus braced for the Turkish invasion. Iowa GOP Backs Death Return, Fast Watergate Penalty Solution Bv Frank Nve on DES MOINES—Iowa Republi-June 4. 1973, rehashed — first to cans voted to reinstate the Chief of Staff Alexander Haig, death penalty, called for then to Press Secretary Ronald “prompt solution’’ of the Water- funds among all GOP can- the re-establishment of the I easing long existing hostilities didates for major offices instead death penalty for the crime of in    Mid-East, (3) returning|merit of leaving that decision to the state central committee. Adopted an amendment Fighting Rages Again In Capital of Nicosia NICOSIA, Cyprus (AP) — A conflict. U.S. Undersecretary of cease-fire between Greek and State Joseph Sisco shuttled bc-Turkish and Cypriots in Nicosia'tween the capitals of Turkey “has failed to hold” and "there and Greece. is firing throughout the city,” a Turkey’s semi-official Anato-United Nations spokesman re- lia    news    agency    said    Turkish ported Saturday.    warplanes near the Greek    island The cease-fire went into effect of Rhodes intercepted Greek at 5 p.m. Nicosia time — IO aircraft headed towards Cyprus, a m. COT — as scheduled, but but didn’t say whether any 2V4 hours later it had “failed to planes were shot down. Rhodes hold,” the spokesman said. | jc 250 miles west of Cyprus. Open City Plea    Turkish warplanes bombed .« and strafed much of Cyprus. As-Invading Turkish forces swift-    ?ress    pholographer ly seized control on Saturday of ,,au| ,{ sajd a mcntal ho b a I Mn,le-iong corridor freon fhejta, jn N^cosia was hit, kming at north coast o Cyprus to Nico-^    ns and woundjng sia, the capital.    jg0 Bloody fighting raged most of There were n0 reliable es-the day and was particularly; limate£ of over-aH casualties, heavy between the Greek and In ottawa, the Canadian de-Turkish Cypriot communities in fense dcpartment said five Ca- Nicosia.    I__ (Continued: Page 3, Col. 3.) ★ ★ ★ Kissinger: No U.S. Plan 'for Intervention Cyprus Radio, controlled by, SAN CLEMENTE < UPI i—The the military government that 1 mtfed_j?*ates’ ?rl^f I rCa overthrew Archbishop Makarios I    lrJ the battle between as Cyprus’ president last Mon- (j,reece and Turkey on he is- day to start the quick slide into!|and of cyPrus- *,n wo!* ",th war, claimed nine Turkish ()ttier* powers to bung about a down on the 'cease-fire but has no plans to un llieiintervene miiitariiyt Secretary of State Kissinger said Satur-Extraordinary Powers dav In Ankara, Turkey's parlia- Kissinger said a Soviet alert voted unanimously to. of its airborne units was not con- The U.N. spokesman told newsmen the fighting in Nicosia “got so bad at one point that the U.N. forces commander urged all sides to declare Nicosia an open city. So far as we know. Nicosia is not an open city.” Under international practice, cities declared open by combatants are protected from hostilities. planes were shot first day of the invasion au- Ziegler what he had heard gate affair and okayed limitedjthorizing GOP leaders to sug-convention : leaders of more than IOO planks’at their I that both parties hold annual prisoners of war and (4) re-es-,grant the government “extraor-'sidered provocative and doubt- Linn county’s 181-member del-l^f1"8 relaU#ns wi,h Red binary powers” to wage war Jed the Russians would dispatch i .    .    .. lumna.    Greece mobilized its forces, and troops to Cyprus. The Soviets They lauded him, too, for es-; President Gen. Phaedon Gizikis have been cultivating a strong killing a peace officer.” egation, second largest at the that day listening to a batch of amnesty in adopting ^ platform Rest to Iowa Democratic leaders amendment rn to^^^as^dkl^aH ta^,ishin? a market abroad for proclaimed in a broadcast to the relationship with Turkey in re AHr,*''-'--*~    -    *•    —    •    *    •!>»*    u«*u    oi    ’    jg    Iowa farmers, increasing Social nation: “We are obliged to de- cent years Watergate tapes. He chiefly was concerned state convention Saturday, about March 21 — the day Dean has testified he told Nixon all about the cover-up and on which ..    ...    .    ,    .. it hus boon alleged that the that wouW havc placc? a flve' .but six of the remaining    . ! precinct caucuses on the same;Gazette area counties    Security    payments    tor    senior    I    fend ourselves.    |    Kissinger    briefed    newsmen, night to draw more attention    '    citizens,    ending    compulsory    mil-    (;reck    forces moved toward but rc[used ,0 be quoted direct- and greater attendance.    L    »    ,    “™*les    tnat    VOM™;itary service and decentralizing)^ border with Turkey.    |y Heard (iov. Itobert Ray strike ,y? 0ln.cd:.„!?a ,ec’ 17 f«<*eral government services ; ender martial law decrees,   .....  ,    .    .    a    keynote    in    which    he    singled‘UU ?    Then    ,hey    put    thcmselves,T    u    r    k    i    s h authorities ordered President approved payment of|year, "»oratorium on licensingI, ..^^,1,^ and leader-!!i ta 5’    17    10    0;;Cl nton' "emphatically" on record as re- blackouts Saturday night in An- construction and operation of -hill„ m    ,hi„|34    lo    29;    Delaware,    19    to 5,;fUsing to condone "the action of kara, Istanbul, Eskisehir and They also: Disapproved an amendment hush money to the burglars “Can Handle It” Though Nixon’s chief lawyer, Ur_,i LUIIPll UL HUI! PHU    anvil    VI    I    ■ ratergate    .    y    .    ,    ship    as new nuclear power plants unless r . r . L,    i,    ,    vcar    s    c« the basic issues in this safety problems could bt4 resolved sooner. Rejected an amendment Dubuque, 73 to 13; Fayette, 27 some to 9; Keokuk, 17 to 2; Po tion,’ within without weshiek, 17 to 7; Tama. 25 to 0.1 “Watergate. the administra-using the word op* campaign. Ray Opposition In adopting the death penalty Gazette area counties oppos-James St. Clair, contends posing forced busing to bring amendment, adamantly opposed *nS I be amendment included: Dean’s testimony is false and about racial balance in schools, bv Ray, approximately 2.500 Cedar, 22 to 0; Jackson, 25 to 0; Turned down a special resolu- delegates overruled the    plat-    Johnson. 55 to 18;    Jones, 25 toO.    public trust at a1! levels must be tion to divvy up party campaign form committee, which    had    rnmmond    Niton    dealt with in terms that will dis- tumed it down    uommena    Wixon    courage a repeat performance,” ^i ,    u    „    i . I Iowa county’s delegation did they decided. The death penalty was legal;    J    *    “Rpmihlirans    recommend    a until the n°l vole* apparently having de-* Republicans re commend a Kocaeli Makarios issued a statement in New York deploring the Turkish invasion and predicting: “I He expressed optimism that the Turkish government will agree to join in negotiating sessions in London with Greek officials to settle the Cyprus crisis. He reported that Greece was (Continued: Page 3. Col. 6 “Discourage Repeat” • Those who have misused *” a‘™dwhiS :PreP“ml ‘°    nceo,ia,lon W1|l nave consequences wmcnijf thefe is a cease.flre ()n lhe peace in "Conclusive Evidence" Is Missing: St. Clair mid-sixties when a successful parted for home before the roll ^,^LS°'^7he ^iRzenrv0 can N,ort^ At'antl(’ Treaty Organize- v move to repeal it was led by |call was taken just prior to ad- (>nim, ,h '    home    and    *!on.    ~    of    whlC;h    C,reece    and    h New York Times Service    rebut charges that    Nixon    was WASHINGTON - President    deeply involved in    the Nixon's defense attorney told    Sat? case the house judiciary committee    St. Clair relied on portions    of in a formal brief made public transcripts, documents and tes-Sunday that there was no solid timony to state his ease that the evidence that Nixon had com- evidence exonerated the Prcs-mitted impeachable offenses. ident of personal culpability in jn In a 151-page document, the Watergate burglary and its James D. St. Clair asserted that cover up. “in light of the complete ab- Included in these is a portion sence of any conclusive evi- of a transcript of Nixon's March dence demonstrating presider 22, 1973, conversation with H. R then Gov. Harold Hughes. As adopted on a roll call vote. 2.122 to 1,338, the amendment Water- reads: Linn County Backing “We urge that the death enjoy the peace at home and just prior journment about 6:30 p.m. abroad which has been made In its “National” division, the possible by the President attentive, casually-dressed for-Richard Nixon.”        ’    ‘”|    Washington    said    Kissinger    was hot-weather delegates strongly1    Amnesty    Send    the    fighting    were    pressed    m    roncen£d    that    a    war    would will endanger  .... ......... .    . whole arca.    ,sland . A war between Greece and He said that a war in the Turkey would collapse the east- Mediterranean would have cat-ern bulwark of NATO — the astrophic consequences and in- olvc nations around the world, but he was hopeful that a cease-fire could be arranged quickly. State department officials in Turkey are members. Diplomatic Efforts Intense diplomatic efforts to penalty be reinstated in Iowa for crimes for which it can be! peace. I shown to be a deterrent factor. I They detailed these efforts as commended President Nixon Struck from the platform by “in his efforts toward global the delegates was a .section urging “President Nixon to fulfill his promise of cooperation world capitals. The nine members of the European Common Market decided to make a threaten detente with the So- U.N. Plea For Talks, Cease-Fire UNITED NATIONS, NY. (AP) - The UN. Security Council appealed unanimously Saturday for a cease-fire on Cyprus, for peace talks and for withdrawal of the Greek officers who led the Cypriot national guard in the coup that overthrew President Makarios. All 15 nations on the council voted for the appeal after U.N. Secretary-General Kurt Waldheim declared: “We are faced with an appalling and extremely serious situation. With the arrival of Turkish forces, the fighting on Cyprus has reached a new level of violence and bitterness.” The appeal was negotiated in day-long bargaining. The Makarios government was overthrown last Monday and Turkish forces invaded Cyprus at dawn Saturday. Compromise The compromise resolution “calls upon all parties to the present fighting as a first step to cease all firing, and requests all states to exercise the utmost restraint and to refrain from any action which might further aggravate the situation.” It “demands an immediate end to foreign military intervention in Cyprus,” which infringes on the country’s sovereignty, independence and territorial integrity. Referring to the Greek officers — but not naming them specifically — it “requests the withdrawal without delay from ... Cyprus of foreign military personnel present otherwise than under the authority of international agreements, including those whose withdrawal was requested by the president of . .. Cyprus, Archbishop Makarios. in his letter of July 2” to the president of Greece. * Treaty The existence of Cyprus as an independent country was guaranteed by Britain, Greece and Turkey in a 1960 treaty, which gave the three the right to intervene in support of that independence. The resolution calls on Greece, Turkey and Britain “to enter into negotiations without delay for the restoration of peace in the area and constitutional government in Cyprus and to keep the secretary general informed. U. S. Ambassador John Scab viets, but the secretary’ repeat- (Continued: Page 3, Col. 8.) cd .several times that he did joint diplomatic approach toL (hjnk ,h(, ^ wouW particular, we recommend (I) ending the Vietnam war, (2) (Continued: Page IDA, Col. I.) Greece and Turkey. NATO members also sought to end tin (Continued: Page 3, Col. 5. > Today s Index wrongdoings sufficient to ify the grave action of im-chment, the committee must elude that a recommen-lon of impeachment is not ified ” I Clair made the same point an oral defense argument rented to the committee rsday. Focus on Cover-Up he bulk of St. Clair’s brief devoted to an attempt to Today's Chuckle The credibility gap is when you hear a government expert say that we are definitely going to rectify our favorable balance of foreign trade and he’s driving a foreign car. Copyright Haldeman, then his chief of staff. That transcript segment is now being investigated bv the judiciary committee for apparent discrepancies. The segment is a key element' in St. Clair’s claim that Nixon should not have been listed as an unindicted co-conspirator by the Watergate grand jury. “Like Composite” “Like a composite photo ; graph,” St. Clair argued, “the individual parts of this portion, of the indictment may he literal-1 Iv correct; but the artful language and distorted juxtaposition of the parts resulted in a total impression that is grossly distorted insofar as the imputed involvement of the President in! (Continued: Page 3, Col 2.) CR. Housing Feels Mortgage Pinch By Dale Kueter The cost and shortage of mortgage money, and the shrinking availability of both homes for purchase and rental units have combined to produce an increasing housing problem in Cedar Rapids. Depending on who you talk to, the housing picture ranges from moderate to critical in seriousness. While there is a proclivity among some, connected with the housing industry — Real- Story on national housing picture on Page 13B. tors, lenders, builders — to downplay the situation, the current status reveals: —■ One savings and loan firm is no longer taking home loan applications, and another is thinking about such a move. — Two local savings and loan institutions now require 20 percent down payments, the effect being, according to Al Sattler, president of the Cedar Rapids Home Builders Assn., at least a one-fourth cut in the market. — lliere is less than 2 percent vacancy in apartments. — New home construction has not increased during the first half of 1974, and the number of apartment unit s tart s (see accompanying chart) has declined considerably from a year ago. — In spite of all this, people are somehow finding housing, and there is no evidence of persons having to refuse jobs BORROWING COST Interested in what it would cost to borrow $25,000 at 9 percent over 30 years? There would be 360 payments of $201.16. exclusive of tax and insurance, with total interest costing $47,417. here because of inability to find housing. Even so. some families have been going to the Chamber of Commerce in frustration, seeking information on rental units and homes. “The situation is just very, very tight,” said Harold Ewoldt, assistant executive vice-president of the Chamber. Ewoldt said the city had a net gain of newcomer families of about 1,700 in 1973, and 800 so far this year. During the same period there have been 1,336 single and multiple-family units constructed, a deficit of more than 350. “Things are a little spooky right now in the home lending business.” said Larry Ashton, president of Securities Savings and Loan in Marion, which went out of the loan market in late June. The institution is using new savings to honor previous loan commitments. Unless there is a break in the tight money market or congress takes new action, Ashton said he doesn’t know when the association can get back into the market. Ashton explained that Securities Savings had been making home loans at 8:D and 9 percent interest, but was flooded with applications because of a ll) percent rather than 20 percent down payment. Perpetual Savings and l/)an and Bohemian Savings and Loan have tightened up lending policy by requiring 20 percent down payment. American Federal Savings and Loan has been making some selective 90 percent loans, but a spokesman said a tightening decision is expected. Such loans carry a 9 percent interest rate, while conventional loan interest is 811 percent, he said. Savings and loans traditionally have been the workhorse in the home lending field, accounting for about 60 percent of the mortgage business. Banks provide between (Cont, on Page ISA, Col. I.) SECTION A Late Newt   .... Report card Editor nit . Accent On You'd ... . SECTION B Iowa Newt Frank Nya't Political Not*** Marion    ____ Television Table Food Financial New York Stock* Building Movie* Record Review* Farm SECTION C Social    ... Around 'tie Town New Book* Travel SECTION O Sport*  ........  .... Outdoor Iowa    ,•• Want Ad* C rot* word Farad* Magaima Comic* ... ........ I, ), IO I a H JO 1-7, JO I a 7 • ll • IMS I* lf 17 ll I* I 22 I I ll MB to IMS ta I 24 I a t ;

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