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Cedar Rapids Gazette (Newspaper) - October 30, 1974, Cedar Rapids, Iowa Ford question marks unsettle the world Editorial Page Wednesday, October 30, 1 974 Beffer futures monitoring After weeks of implying veto, ['resident Ford lius signed the ciiiiiiiiodity futuri's trading commission ad. The new law will replace the agriculture de- partment's 38-year-old Commodi- ly Kxchange Authority (CFA) with an independent five-member fiiluri's trading commission. It was the new commission's pro- posed autonomy which provoked objections from the justice department and the Office of Management and Budget. Those misgivings in turn triggered Mr. Ford's initial disfavor of the bill. The President's approval Oct. _.'! (the last day for signing the legislation) coincided neatly with Ins Oct. 24 barnstorming in Iowa. Mr. Ford said in Des Moines that the new regulatory structure to apply to all commodity futures trading is "an objective which 1 finally fully support." (Futures contracts are agreements to buy or sell some quantity of a com- modity on a specified future date for a price set at the time of the agreement.) lowans should be pleased with the President's change of stance and with the significant roles Sen. Dick Clark and Rep. Neal Smith played in preparing the legislation. Futures market an- alysts generally agree that the lacked the legal clout to protect investors and consumers from shady market manipulation. The infamous wheat sale to Russia dramatized the possibility that in the absence of proper sur- veillance, large grain companies or even foreign countries could manipulate commodities markets at great expense to U. S. farmers and consumers. The importance of day-lo-day scrutiny (which Sen. Clark insist- ed upon) cannot be overstated. More than SalMI billion in futures contracts changed hands in 1973 nearly twice the volume of stocks traded the same year. With food shortages and in- creased demand pushing com- modity prices higher, the number of speculators trading in futures is expected to go nowhere but up. It will be reassuring to have a fulltime. independent govern- ment commission monitoring the action. A dom for terHorst? When President Ford issued the blank-check pardon of Rich- ard Nixon that otherwise pleasant September Sunday, the first White House official to bail out, shout and yank the ripcord was Jerald F. ter- Horst, press secretary of one month's tenure. Most Americans probably- viewed tcrHorst's act as one of towering self-sacrifice, a refresh- ing antithesis of another who floated down from the heights the same weekend, the mercenary Fvcl Knievel. Indeed. (orHorst is to be commended for his grit. Few professional newsgalherers would part with the prestigious job (if they ever could land it) after just one major clash of principles. Lest observers think terHorst re- turned to mundane duties, how- ever, a brief glance at the ex- press secretary's new career is instructive. As a now widely-read Wash- ington columnist for the Detroit terllorst is doing quite well, thank you. His syndicated column has won at least 75 new subscribers in the past two months, and his book, "Gerald Ford and the Future of the Pres- is set for a Nov. 8 pub- lishing splash. (Fxcerpts are being serialized now.) This is not to begrudge ter- llorst the fine things obviously flowing his way. The point is that everyone who even dipped toes in Watergate or its backwash seems Way with words Theodore M. Bernstein lo be a (lav for sciin- 'ions. Qijo'-nnn No. I come-, v.itli an who sa.'.s he ha-- used the "j-Jtf. !M lull i an find no lol II. II we ha'.c Ihe warmth to be getting reminiscences into print. Politicians, newsmen, de- fendants, convicts, exiles, Capitol Hill has-beens. never-wases. hangers-on and even their wives are cashing in on the scandal. Surprisingly, several of the authors are turning into literary heavyweights. It will be interest- ing to see if terHorst's critique of Ford's career will land the news- man in the winner's circle. i i i i i o J or G 9 Question: Does President Ford spell his nickname "Jer- as do most of the world's Geralds, or does he prefer Newshounds who bird- clog his steps and pundits who analyze his every utterance seem unable to settle on a spelling or style, as it is called in the trade. Since the world's greatest authority on how to spell a given person's name is that person himself, Mr. Ford ought to be approached on the matter. As a plain-folks fellow, he may riot care how his nickname is handled in the press. But presidential tradition forbids equivocation. Just as Harry S Truman revealed what the "S" initial without a period stood for (nothing except "S" sans punc- President Ford ought to clear up the current mystery: Gerrv or Jerry? ways llic pnssib.iily of Dear Mss. Maybe Ihi' best solution is In write them sepa- riitc letters. 9 What ought to he said. Some pur- ists msisl lhat the' auxiliary vrrl) ought must be followed by an infinilivi1 inelucl- ing the word to. In must instances they an1 right. The lo certainly should be inserted in this sentence: "Car owners ought carefully." Hut omission nl the lo is permissible and idiomatic in a sentence like this: "Car owners ought never exceed llic speed limit." Two experts on usage explain lius by -iiviiiL' lhat omitting the to is proper in ,i iicfair.e statement, 'lhat is true, but we can go lurlher and say that the to may (not miisti be omitted n any or not. intervenes bo- I'.'.i'i'n the and the main u-rb. For "'the police ourjM always be on iookout lor muggeis" or "Your papi-r rjuijht no mailer what the dl'lr. II cd In 'oil :..i.'d ..ii-in of J'im.v.'i ;pi li.'j! 'o ,1. f'Xl. i-'i t'l I'AO V.O.'II'-I. I. le.ed for t'A', ll.i-l ni lie i ,i'i il Ill-ill f 11', i lh' il.e. >JII-M By James Reston WASHINGTON The relations between the United States and both the Soviet Union and China have changed in subtle ways since President Kuril moved into the White House. Washington's policy toward the two major communist slates remains the .same, but Moscow and Peking are being very cautious about Ford, who is a new figure (in the world stage, and they are wondering what he's like, how lung he will lasl. and who will succeed him. All the civilities and diplomatic courtesies of the last couple of years were extended to Secretary (if Stale Kissinger in his latest mission to Moscow hut progress toward the control of nuclear arms was slight at best, and for obvious reasons. Any really serious agreements to end the nuclear arms race could not begin to he effective for two or three years, and would limit the freedom of action of the major nuclear powers thereafter. But who would be President of the United States in three years? Ford, whom the Soviets don't know? Or maybe even "Scoop" .Jaekson, the Democratic sena- tor from Washington, who is regarded in Moscow with almost as much suspi- cion as Mao Tsc-tung and Chun F.n-lai'.' So there is a pause now in the talks among the representatives of the big continental and nuclear nations. Nobody knows what is going to happen after Ford in Washington or after the aged leaders in Peking. They are all willing to meet but not to decide, and particu- larly, not lo lock themselves into long- range policies for a future nobody can foresee. There is another change in the propa- ganda of both Moscow and Peking re- cently. They seldom agree these days in their relations with one another, but lately they have been agreeing about the economic crisis in the capitalist world. Both have been dramatizing the prob- lems of inflation in Furope, the United States and Japan: the crises of colonial- James Reston ism in Portugal, the transition from fas- cism lo monarchy in Spain. Bolli also have been supporting the Arab oil states against the industrial capitalist states, and seeing in the "en- ergy crisis" a new economic opportuni- ty lo weaken the free world, and a new strategic opportunity to blockade Fu- rope, Japan and even the United States at the sources of their oil and industrial power in the Middle Fast. Brezhnev, by all reports, was very tough on Kissinger in Moscow. He was bitter about Jackson's insistence on the immigration of Jews a year from the Soviet Union to Israel, lie was as- lonished that Jackson would be allowed lo come out on the White House steps, and define, inaccurately, the compro- mise. Kissinger was furious about all this. Ford ignored it at first and finally had lo correct it, but Kissinger had lo deal with this political confusion in Wash- ington when he got to Moscow. Ford, out campaigning for Repub- licans in the house and senate, is not really putting his mind to this world problem. He is looking for Republican seals in the house and senate, and argu- ing that somehow this will dual with these larger world questions. The truth is that even his own cabi- net, trying lo deal with inflation, the balance of payments, the Russians and the Chinese, thinks he is not only wast- ing his time but raising doubts about his judgment. In the next two or three years, the leadership of the United States, China and probably the Soviet Union, is going to pass from the old generation lo the new. In Ihe United States, it may pass from Ford to Rockefeller, to Jackson, or even to a third-party conservative coali- tion of Heagan and Wallace. In China, it may even pass from the anti-Soviet leadership of Mao Tsc-tung and Chou Fn-lai to a new military junta lhal will revive Ihe Soviet-Chinese communist alliance against the West. Monody knows, so everybody is wait- ing. Kissinger hoped when he came lo Washington lhat he was going to define and the arrangements of the coming world. Bui il is not working out exactly as he had hoped. I here financial economic or world lodav. Promoting calm acceptance By Roscoe Drummond WASHINGTON t'FOs arc in Ihe news again and with mounting evidence that they are real, not imaginary. They will remain in the news be- cause the time is getting nearer when the U. S. air force will have lo abandon its longslanding lactic of concealmenl or be repudiated by Ihe department of defense. Some degree of repudiation is al- ready in the making. The evidence of this is contained in a revealing letter which Secretary of the Air Force John 1, McLueas has iusl received from Maj. Donald F Keyhoe for 13 years director of the National Investigation Committee on Aerial Phenomena and author of the recently published book, "Aliens from Space the Real Story of Unidentified Flying Major Keyhoe's letter discloses: I. Thai "a startling UFO film, a doc- umentary prepared with defense depart- ment aid, contradicting past air force denials, will soon be released for na- lionwide theater and television audi- ences. 2. Thai this documentary "contains hitherto classified film and convincing evidence (contrary to all air force disclaimers) that UFOs are alien space- craft." II. Thai Col. William T. Colcman. for several years (he top air force debunker of all UFO sightings, is now ready to reveal an impressive UFO encounter which he himself had. Roscoe Drummond The central political figures are inse- cure in Washington, Peking, Moscow. Tokyo, London and most of the other major capitals. So everybody is wailing. Fverybod.v is talking hut nol deciding. The Russians and the Chinese, just as much as the Americans, the Furopeans, the Japanese, the Indians and the un- derdeveloped nations arc struggling with their immediate problems. Lasl year, it seemed lhat the major powers were coming together on the control of arms and the avoidance ol war. and they are still trying to (In so. But on the problems of food, energy and population, and on the of a new order of the world, they are still divided. In fact, the political trend now is to- ward division and confrontation. The communists are seeking economic disarray of the capitalist world as con- firmation of their Marxist prophecies. The Jacksons and Reagans in America are swinging American politics toward lationalism and anti-communism, and the Russians and Chinese are watching all this with Ilieir usual skepticism. The result is lhal no big deals aboul disarmament or anything else are likely lo be made in the next few years with either the Russians or the Chinese or even Ihe Furopeans. They know thai American power in the world is proba- blv decisive, both economically and militarily, bill they don't know how Ford is going to use that power or who is going In succeed him. So Ihe Russians have been polite with Kissinger in Moscow, and the Indians will probably do the same in the next few days and so will Ihe Chinese when he goes tci Peking later on. But nobody- is in a mnod now lo make any long- range commitments. We are now in a holding-operation for the next few years. Wailing lo find out who is going to come after Ihe tem- porary leaders who now preside over the major capitals of the world. flew York Tlmt'S Service On lllis point Maj. Keyhoe adds these details in his letter: "As Cnleman will disclose, he was piloting a B-25 bomber with two airmen aboard when a disc-shaped metallic craft suddenly approached the bomber. "If it had been hostile the crew could nol have escaped the UFO's speed was loo great. But the spacecrafl ab- ruptly turned away. When Colcman wcnl to full power for a closer look, the UFO raced out of sight. "For years, under air force orders. Cnleman continued to deny UFO reality and tn ridicule witnesses. His encounter was kept secret." In [he forthcoming film, this coverup familiar word is discussed by Cole- man himself, by two other retired air force UFO-debunkers. l.t. Cols. Hector Quintclla and Robert Friend, and also by a former AF-UFO consultant, astron- omer Allen J. Ilynek. While the air force apparently still clings lo secrecy and denials of all possibility of alien spacecraft surveil- lance of this planet, the defense depart- menl lo be adopting a new lack. It is either pursuing an independenl policy on UFOs or quietly telling the air force that it better get in line. Dr. Hynek, for example, confirmed the department of defense's co-operation in producing the UFO documentary and praised it as "surprisingly good." The film is produced by Allen F. Sandier and Robert Fmmenacher. Un- less the defense department has been cooperating in helping produce a docu- ment it disapproves which seems un- likely this film represents the first approved step toward revealing Ihe long-concealed records of authentic UFO sightings. Major Keyhoe's Idler ends with a strong appeal to the air force secretary to lake the lead in gelling all the fads into the open and in preparing public opinion for a calm and realistic accept- ance of UFOs, However brought on, departure justified futility: By William F. Buckley, jr. As Ihe Watergate trial proceeds, sub- lie adjustments are being made on the narrow1 question of Richard Nixon's sim- ple guilt, as charged by the house of representatives. This is very important for Ihe stabili- ty of the Republic, and we will all know, as we experience Ihe political rhetoric in Ihe closing days of the political clcc- lion, whether Ihe American people have, as a whole, accepted the fact of Richard Nixon's guilt. A year ago, after the resignation of Spirit Agnew, there was .somdhing of an emnliona! convulsion among his sup- porters. But it was. from the beginning, There were no demonstra- tions in the streels, as for instance in protest against Truman's firing of MaeArlhur Ml years ago. The defense was loo well and eu'iils moved too fast. Agnew resigned, Ihe -111- page donuncnlarv allesling lo lii> gmll was immediately published. Ins suc- cessor was named at a While llnnse eel- ebialion at which Agnow's name was not even mentioned, and when Agnevi was given his promised half hour on na- il'in.il lelcuMon to insist on Ins iiino- <-i.iioi. much paid him any alien hon The of his desolation came ih him only lo protect him againsl impulses towards sadism prosecuting him. anil sending him lo Jail, for instance feel released by Ford's pardon. There are no outstand- ing obligations. Ihey feel. What he de- serves now is acy II is only In lormeiil him to iry In keep alive Ihe notion thai he might nol been guilly, as charged by the house judiciary committee, of crimes of such character as the founding lathers, who were not uislrumenls of CHS or Ihe Washington 1'osi. ele.nl> ,is impeachable nffcnses
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