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Mason City Globe-Gazette (Newspaper) - October 8, 1959, Mason City, Iowa vt v North lowos Daily Newspaper VOL ry iVwdhs CITY IOWA tHUiilsbAY OttOlgK t HOME EDITION cr tta ExportImport Bank Wo Drag on Taxpayers JAMES New York Herald Tribune News Service WASHING TON V A unique government g e n c y which billions costin g the taxpayersa peBny aiideven earns UnclerSain a fat profit in the is j celebrating its 2 34 rs lEcontraption which con cepted pibureauc raciriV is in 1934 its pri mary i bodst United States0yerseas trade by making development loans in forejgn na of which must be spent in this country It gets funds by borrowing from the paying a varying rateof interest depend ing on market ad this nipneyi theExpert Bank also pays the Treasury dividends on its billion dollars in stock by the SINCE if OPENED shop dur ing the the Bank has a haifbillibn in profits to the Treasury in the form of I6anin terest It has held onto another halfbillion or so for its own re serves after meeting all its own administrative In its first quarter the bank has authorized aboutjThursday bringing light in loans to finance the extreme northwest part projects in 69 countries Temperatures were in the 30s that area AP Photofax LAOS of the factfinding1 team get a taste of Laotian wine by partaking in this fashjon during a party in their honor TheVgTOUp in Laps investigating reports that CommunistNorth Vietnam troops invaded sections of the country Its Budget Probe Shifts FROM WFBE SERVICES WASHINGTON A former contestant testified Thursday that the nowdefunct television quiz show was rigged to permit him to win but he then j x Dayid mana ger of a York City restau rant gave a House subcommittee investiga ting the operations of the once popular TV quiz shows The House group previously has heard testimbny from contestants and publicity agents that NBCs old 21 quiz show was rigged bygiving contest ants questions advance 1 R H E White Sox Over Iowa Colder air swept over Iowa In the ended June 30 the Bank paid the Treasury an attractive in in terest This compares with a in 1952 and a more substantial in the 195758 period These fig ures in addition to the year handed over to little te highs 4446 Sioux City reported its firs snow of the season Thursday a 90minute fall which did no accumulate on the ground In Des Moines as the cole front passed early Thursday the temperature dropped 13 degree the Treasury as dividends on in about 40 minutes to a read the Banks stock I ing of 44 degrees I Temperatures in the north west Thursday afternoon were NOT ONLY IS Hit Exportlm port Bank one of the few gov ernment agencies which pays its own way it has been the world pioneer in making de velopment loans Now of course there are many other agencies which goin for this type of business including the World Bank Aside from their commercial value some of the banks proj ects have perhaps paid extra dividends in winning friends for this country There is for stance the case of a pier and a 40m i 1 e stretch of road Com pared to some of the Export Banks multimillion dollar proj ects these two undertakings amount to very little But the road runs from Jeddah to the Moslem HolyCity of Mecca in Saudi many pil grims from the world over use this route to visit their City due to be 20 degrees or more below those of Wednesday The outlook was for Thursday highs of from the 40s in the north west to around 60 in the south east Top readings Wednesday were from 56 degrees at Ma son City to 68 at Des Moines The Weather Bureau said temperatures would be falling most of Thursday Among he early Mason City Decreasing cloudi ness with frost or freezing temperatures Thursday night lows 2832 Friday partly cloudy J i 111 e temperature change Iowa Decreasing cloudiness and much colder Thursday night with frost or freezing temper atures over most of the state lows 28 northwest to 35 south east Friday partlycloudy and colder except extreme west highs mi3 to low 50s south Further siderable cloudiness chance of scattered showers and warmer Minnesota Flurries much colder Highs Friday 3545 GlobeGazette weather data p to 8 Thursday Maximum Minimum At 8 Precipitation 56 51 54 05 readings was 35 degrees at Sioux City Friday morning lows were expected to be from around 30 in the extreme northwest to the lower 4fls in the southeast YEAR AGO morning Maximum Minimum The bank estimates these proj ects small as they are in dol lars have perhaps been of more service to more people from more countries than any others Before Export Bank financing ocean going ships had to stop two miles offshore and pilgrims were ferried by sailing boats to land then traveled by camel or donkey to Mecca THE BANK IS hesitant te dis cuss future plans However some observers think it will be paying more attention to un derdeveloped nations They say the recently organized inter American Development Bank will take over part of the burden in this area while Asia with its ever increasing popula tion has no such organization However the bank is some what limited in what it can do lor some countries Unlike the recently authorized Internation al Development Association the Bank can make only dollar these loans must be paid back in dollars It therefore would be hampered in dealing with countries soft or convertible currencies Sun Rocket Now 15 Million Miles From Earth LOS ANGELES neer IV Americas goldplated 70 55 3 Killed in Crash of Jet Bomber LINCOLN Neb B47 crashed and burned at the Lin coln Air Force Base Thursday AH three persons1 aboard the airplane were killed The plane crashed as it took off from the artificial satellite around the air base sun passes a stone Thursday cosmic mile At exactly NEW PRESIDENT the instrument DES MOINES UP Miss Ar package reaches its aphelion most distant point from the sun its first lap of an eterna orbit around the sun It will be miles from the dominant star of our solar system and racing through the heavens at miles an hour When it reaches its farthest point from the sun Pioneer IV fromearth March be 15 million miles from the earth On f he Inside General News Peye 2 Dear Abby 3 Editorials Society e7 Clear Lake North Iowa News 14 2 Minute Mystery 15 Mason City News If 17 Sports 1fM 32 Lafest 33 dell Newton assumed the presidency of the Iowa Wel fare Assn Wednesday DOTTO WAS1 the numberofTV quiz shows to be taken off the air in the wake of charges that they were fixed Huschle w h earlier this year testified in county grand into TV shows said he won the by appearing as con testant on three Dotto shows in June when ihe show was carried at night on the NRG network He saidi Ihe previously vl won on the showwhest J t was CBS netwqrIcV In theseperform ances in February 1958 he said he was given v somehelp jut supplied in ad vance with all of the questions and answers HUSCHLE SAID however that on the evening shows Gil Gates assistant producer sup plied him in advancewith an swers to all questions and also told himthe identity of the per son he was required to identify to winat The object of the game was to identify a picture of a famous personage The picture was iilled in by connecting a series of dots oh a large screen A given number of dots were con nected as a contestant answered a question correctly Huschle testified that Gates contended it was necessary for him to lose after amassing win nings of because the show had a budget allowance limited to a week for prizes L As the hearing entered its third day investigators cated that Charles Van Doren who gained national a winner on NBCs might be invited to testify Pensacola Socked by Tropical Storm PENSACOLA F 1 a The center of tropical storm stemmed into Pensacola Thursday raking the city with 55 mile an hour w i n ds and icavy rains Damage appeared o be light no injuries or deaths vere reported The Weather Jureau said the remnants of he poorly defined storm would sweep into southern Alabama and Georgia during the day dumping up to five inches of rain in some sections space business goingon he de Macmillan Has Edkje weretJubbed left tV Vah signed these missiletoed shoes andf Space LONDON m Britons voted in heavy numbers a government Late pre dictions favored the ruling Con seryatives to win a third terra in office Prime Minister Mac millari looking UR at the sky after voting remarked jauntily Warm and day with very good prospects MicmiUans opponent Labor leader Hugh toured his home district of South Leeds injthe industria lastniinute support Gaitskell 53 had voted by mail SHARES ON THE London Stock Market surged sharply upward to reflect the financial districts confidence in a Con servative victory Brokers crowded the exchange jostling each other in a scramble to join the brisk trading V Neither the nor ever have formed three governments in a row for Britain in recent times The Conservatives won three straight elections in 1922 1923 and 1924 But in 1922 Labor formed a short minority govern ment with Liberal Liberals won three straight elec tions in 1906 January 1910 and December Despite morning tKe sea sons after Britains sun niest suinmer and fall in 200 voters turned1 but in big numbers gave way to sunshine in many areas later ike Ret Urns to Capital r v AJ PALM Calif President Eisenhower boarded Force jetairliner and eft his Southern California des the smiling President as he ar rived at the airport via helicop ter Helooked tanned relaxed and his hoarseness which he ert vacation retreat for Washhad when he arrived here eight of 200 people cheered AP Carole Tregbff accused with doc tor lover ofmurderingJhis wife wipes tears from her eyes whUe waiting to be re turned to the Angeles County jail She had been free days ago was gone The President took off for Washington for an indicated speedy decision on use of the T a f tKartley law in the steel strike Each side said it did not want government legal intervention United Steelworkers President David J McDonald said his un ion would undertake a legal fight to prevent it But he said workers would obey the law of the land THE ACTIONS of both sides however indicated they pre ferred operating under a court injunction rather than accept ance of the others demands for a disputeending agreement The lastjointnegotiating ses sion was held Tuesday night It ended in complete deadlock Since then there is no evidence that either side has attempted to arrange furtherjoint meet ings POLL ING stations re ported the turnout running well last election in 1955 when a per cent poll brought voters to V The bookies still were bet ing on the Conservatives You lad to put up hree pounds on he Tories for a chance at win ning only one pound And one pound on Labor gave you a chance at winning three if the Laborites were victorious The Conservative party chair man Lord Hailsham was jubi lant I thought the uncommitted1 voters would suddenly make up their he said Thatis happening The gap is widen Eight days ago President mS Eisenhower called union and in dustry Washington He said he wanted Jib see some ATTENTION PARENTS SWANWICK England UPI worker Hilary Maldin told a parents meeting progress in negotiations before his return from tbe California vacation After theWhite House meet ing industry proposed a iocenl hourly package increase over a twoyear period It was the first money offer submitted by in dustry The proposal was con Lingcnt on union agreement lo contract changes allowing man agement greater control over working conditions in the mills THE UNION rejected the money offer as completely un satisfactory and said the move There were the usual victory predictions from the two party leaders We are going to said Macmilian am confident we shall said Labor chief Hugh to change working was union busting conditions Gaitskell but he added To be sure of a good majority shall need a really high 3 Montana 4 Girls May Be Abducted HELENA Mont Are fhrea on bo but surjday that to deprive a girl of rendered when a grand jury indicted R B Finch in the slaying of Mrs Finch iast summer her ability arid her pretty clothe is not has a tendenc to bring about Deserted Mother Climbs Pole to Give Children Baths Hot Meals MIAMI UPI A plucky 100 pound mother returned to port euto repair shop Thurs day to hammer out an exist for hetrseK and her three children The plight of deserted mother became known after she climbed a utility pole and risked her life to electri city se her children could have a hoi meal and a bath The Florida Power and Light Co turned off the cur rent her for nonpay ment of bills last Saturday The mother EHy Rethman said she hauled water in buckets and bottles and fixed her children sandwiches until last Tuesday Then in des peration she climbed the utility pole and hooked her house power line into a live circuit Iknow it was a dangerous thing to she said but my children havent had a bath or a hot meal since Sat She said her husband her and the children without support three months ago He also left in back To support her children she began doing body repair work on damaged automobiles in the carport adjoining her home It was the only thing I could think she said Mrs Rethman said she earns between and 540 week in repair shop She said she also needed electricity to continue operat ing the repair shop Wednesday the electric com pany relented and said if would leave the electricity on and would not prosecute to collect the money en the back bills Mrs Rethman hopes things will pick up by December The county Welfare Department has promised her a month then With that money plus what she earns in her shop Mrs Rethman hopes to pay off her bills and maybe some day start a chicken ranch AtNewYork meanwhile hSh ernment attorneys moved to Pn a Jark with three California seek a court order sending w h o disguised 000 striking longshoremen back themselves with fancy cowboy to work from Maine to Texas clothes and polite manners Or There was little doubt a Tafthave they been kidnaped arltey law injunction re agents and local quiring an 80day return to work a answcr to those would be issued promptly in questlons a everwid U S District Court A judges eg sfarch Thursday for a ruling was required but never rosepmk 19S9 Pontjac sedan before has an injunction been THE GIRLS have been unre refused in the 15 previous times ported since they stepped into the government has invoked the that car last Friday at the Hel laws emergency provisions ena High School They are A court order ending the weekClaudia Fuller 17 Sharron Lea old strike was expected to send McDowell 16 and Sharron the workers back to the docks Irene Balazs 17 members of no later than Friday William families in modest circum V Bradley president of the stances striking Interna ti o n a I Long For a few days before They shoremens said When had been dating three newcom we receive the order we will ers to Helena comply with SHERIFF DAVE Mtddlemac said the dressed in fancy cowboy talked of plans to lease or buy a ranch The girls all horse lovers appeared to be impressed Actually sheriff the three men are armed desperate and as bad as they FBI identified them as George R Jann 29 Frank H Spicer 24 and Frank age and Spicer escaped Sept 11 from a Sole CallV were serving burglary SAME DATE IOWA SAFETF 1W4M
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