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Mason City Globe Gazette Newspaper Archive: May 9, 1962 - Page 1

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Publication: Mason City Globe Gazette

Location: Mason City, Iowa

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   Mason City Globe-Gazette (Newspaper) - May 9, 1962, Mason City, Iowa                             North Iowas Daily Newspaper Edited for the Home MASON CITY GLOBEGAZETTE The newspaper that makes all North lowans neighbors HOME IbiTJQN VOL 102 Associated Press and United Press International Full Lease Wires MASON CITY IOWA WEDNESDAY MAY 9 1962 10c a Paper Consists of Four No 77 WASHINGTON AP Presi dent Kennedy says his medical care for the aged plan will be approved by Congress and that all doctors will treat patients un der indirect reference to some 200 New Jersey physicians who say they wont Thus Kennedy obliquely joined a more direct assault on the physicians stand launched by other administration officials The New Jersey physicians from Point Pleasant Hospital and Fitkin Memorial Hospital at Nep tune signed a resolution last week saying they would refuse to treat patients under Kennedys Social Securityfinanced medical plan if it passed Congress Bad time for Wall St probe Market is sensitive By RICHARD SPONG GlobeGazette Editorial Research Bureau WASHINGTON From the Wall Street point of view the publichearings phase of the Se curities and Exchange Commis sions sweeping study of the na tions securities markets comes at a sensitive moment indeed Stocks have been hit hard re cently Nobody seems to know just why the market acted as it has Its true that stocks in general had been getting out of line with company earnings Why put your money in US Steel and take the normal risks of the market for a return of about 5 per cent on what you pay for the stock when some hanks are paying 4 per cent interest on government insured deposits and some savings and loan associations are paying up to 43i per cent Some government people have hinted of a recession in 1963 And of course the steel imbroglio and a subsequent statement by Sec retary of Commerce Hodges have the investment community fearful of further government intervention in wageprite affairs But brish J BRUCE HENRIKSEN SHOWERS North Iowa Considerable cloudiness scattered show ers thunderstorms through Thursday Lows Wednesda Kennedy speaking Tuesday at tie United Auto Workers convcn ion in Atlantic City said 1 am onfident that the great majority n fact all doctors will treat those vho may be covered by this na ional program Also speaking before the auto vorkers Secretary of Labor Arthur J Goldberg called the a disgrace a disgrace o the country Secretary of Welfare Abraham Ribicoff said the doctors were vio ating their professional oath and hat the resolution was an attempt o blackmail Congress and the American people Ribicoff said these doctors apparently believe it is all right or the federal government to help build the hospitals in which they practice but that an insurance plan that would help their patients ay their hospital bills would not 3e good Dr J Bruce Henriksen who nitiated the New Jersey rcsolu ion denounced Ribicoffs state ment as a threat to withhold ederal aid from hospitals whose doctors oppose the medical care lan New Jerseys six Democratic congressmen appealed to the Nev Jersey Medical Society to repudi ate this attempt by a small roup of men to impose their wil upon the elected representative of the people At Point Pleasant Henriksen said This thing has been twistec to make us look like a bunch of linkers as if we were not going o take care of old people bul that isnt true Our fight is against the KingAnderson bill the medi cal care bill and the socialization of medicine At Chicago the executive vice night 45 to 52 Highs Thurs president of the day in 60s Iowa Considerable cloudiness scattered showers thunder storms through Thursday Lo cally likely night heavy thunderstorms southwest warmer Wednesday lows 40s north to 50s south Cooler west Thursday highs in 60s Furth ical Association federal inv called for a of Ribi coffs tactics in promoting med ical care for the aged F J L Blasingame said Ribicoff and the Department of Health Edu cation and Welfare had appar ently committed a criminal act in publishing a booklet backing proposed health care for the er outlook Partly cloudy aged through the Social Secur Friday scattered showers cooler west are coming out every day The corporate push toward higher profits is making slow but steady progress In March according to the National Association of Machine Tool Builders orders for machine tools always a sound business indicator rose sharply Hot cakes should only be selling like new automobiles Part of the market slump could be attributable to the SEC clamp down itself and to various anti inflation measures The latest of these came on May l when the Federal Reserve Board required member banks lending to money lenders to demand 70 per cent qllarlei reP2ruts FiveDay Iow ity System will average 3 to 6 degrees be low normal northeast and 2 to 4 degrees below normal south west Thursday through next Monday Normal highs are from 66 northeast to 71 south west Normal lows are from the mid 40s north to the lower 50s extreme south Warming Friday or Saturday then turn ing cooler Sunday or Monday Rainfall will average 50 to 80 of an inch but locally more than one inch in showers and thunderstorms mainly Thurs day and again Saturday night or Sunday ending Monday Canada too is having a figh Tpmnorahnfx Cr 3 health Pla Si Tempcratuies hundrcd of Saskatchewans 900 collateral SEC rules require thatjMinnesota investors put up 70 per cent of os 11 y cloudy the purchase price of stocks but some had been bypassing that rej quirement by getting their money from factors and other such lenders After a series of scandals in 1961 Congress armed SEC with and a broad mandate for an overall investigation of secur ities trading The probe so far has been conducted by question naire and so to speak by private question and answer sessions Meantime by direct action and by moral suasion SEC and other policing agencies including the markets themselves have been tightening regulations New tough rules on advertising by investment advisers went into effect on Jan 1 And SEC nudging of the Na tional Association of Securities Dealers has brought stricter con trol of the overthecounter mar ket The public phase of the SEC investigation began with an in quiry into the qualifications train ing supervision and selling practices of persons engaged in the securities business And theres plenty of abuse about to come out into the open with selling practices just the be ginning About these one depend able financial writer says Its no secret that in some areas qualifications of salesmen have been inferior training has been meagre supervision has been lax and selling practices have been on the borderline of le gality It doesnt make exactly the kind of news calculated to encourage the bulls showers Warmer Thursday highs near 70 GlobeGazette weather data up to 8 am Wednesday Maximum 60 Minimum 44 At 8 am 47 Sunrise Sunset doctors have rejected the pro vincial governments medica program which is scheduled to go into effect July 1 The doctors main objection to the plan is that they say i would place a sevenman medi care administrative commis sion in a position to dictate tc the medical profession CANT PUCKER SPRINGFIELD Mo WVMrs David Hashagen Nixa Mo h sued a Springfield dentist fo alleging she took his ad vice to have a wisdom tooth re moved almost a year ago and a a result is impaired in eatin speaking and kissing YEAR AGO Maximum Minimum 56 35 SAME DEFENSE CHIEF IN VIET S Secretary of Defense Robert McNamara and top U S military chiefs prepare to take off by helicopter from Saigon for an aerial inspection of strategic South Viet Nam defense points north of the city In the rear seat be Photofax hind the Vietnamese pilot are Gen Lyman Lemnit zer chairman of the joint chiefs of staff and Gen Paul Harkins right commander of U S forces in the area ews in a utshell Demo governor candidate Senate fails to gag southern talkathon FROM OUR WIRE SERVICES I Thc second cloturc vote WASHINGTON The Senate come Monday This became au Wednesday rejected a bipartisan tomatic when the Senate agreed leadership move to curb a southern talkathon against the administrations voting rights bill But it overwhelmingly re fused to kill the measure The twin actions left the meas ure still before the Senate And to recess Thursday until then The second cloturc petition was filed by Mansfield with 33 signatures including the lead ers and whips of both parties Thc list included 29 Democrats Democratic leader Mike Mansand nine Republicans Other field Mont said he would makeinames may be added later only a second try for a cloturc peti tion to halt the debate Mansfield made a motion to thus kill the mediately after the Senate re jected 53 to 43 a cloUire petition if the Senate grants unanimous consent The first petition was signed by a total of 32 senators 22 Democrats and 10 Republicans Thc twoweckold controversj KO3I OUR WIRE SERVICES Fewer jobless WASHINGTON La bor Secretary Arthur Goldberg reported that unemployment fell by 430000 in April and called the development an encouraging sign The Labor Departments official release said how ever that the decline to 39 million was seasonal and there was no sig nificant change in the jobless picture Jab at North NEW ORLEANS A White Citizens Council leader has threatened to send Negroes to the hometown of every U S senator who approves legislation to make a sixth grade education sufficient qualification to vote George Singelmann originator of the Free dom Ride North cam paign predicted there is going to be a freedom b u s a day five days a week to some darling city in the north Probe studied WASHINGTON John L McClellan D Ark said he plans a broad investigation into the affairs of Cotton King Billie Sol Estes but wont be stampeded into starting hearings prema turely Exhibit denied has refused to allow the United States to exhibit astronaut John H Glenns space capsule in the Soviet Union Supports plan WASHINGTON United States stood by its controversial Berlin plan despite objections from West Germany that it would not work Its proposal calls fora 13 member international ac cess authority to ease friction along allied routes to Redencircled West Beriin On the inside Editorials Page 4 Society News 8910 backed by Hughes f DES MblNES not believe liquor by the drink sales of liquor by the drink in would increase the per capita con Eowa were advocated Wednesday sumption of alcohol in Iowa by Harold Hughes candidate for the Democratic nomination for overnor Hughes a member of the State tommercc Commission from Ida Grove called for legalized liquor the drink as a means of rais ing a minimum of million a year additional revenue and for improvement of the Jiquor laws Hughes told a news conference that there is almost a total dis regard of the liquor laws in Iowa at present apparently by popu1 lar demand Taking this into consideration Hughes said I have felt we can improve the situation by revising our liquor laws to provide strict enforcement and supervision of sale of liquor by the drink It is my intention to propose o the elected a modification of the present law Dr a complete new liquor law that vould retain the present monopo y system but contain provisions or sale of liquor by the drink Hughes is the first of the can didates for major state office to come out for liquor by the drink Biit Hughes said any liquor by he drink proposal should ersons in local communities to vote themselves dry through Hughes said he personally did We actually need this sort of a program for improved liquor control and for an additional source of revenue he said Hughes said the state could get millions of dollars additionally through a 10 per cent tax on each drink sold across the bar plus li cense fees He said the million figure was a conservative csti He said he had taken a private poll among Democrats during his campaigns across the state and found that more than 70 per cent of the persons he talked to were jThat vote was a victory for thcjcenters on a bill to outlaw unfair southern forces opposing he billjstale literacy tests and make a and was 21 votes short of thesixth grade education proof of twothirds required to gag delilcracy for voting in fcdcra bate elections North Iowa Ntws 13 Sports 1920 Clear Lake News 2223 Comics 24 Latest Markets 30 Mason City News3031 n favor of liquor by the drink He said there are about 4500 problem drinkers in Iowa now and that the number has bee steadily increasing under the pres ent system in Iowa He called the present key clu situation utterly ridiculous an illy Anyone who wants a drin can get it Hughes charged Republican ov Norman Erbe with failing to ulfill a campaign pledge to regu late key clubs Two saved by faulty hot seat RAIFORD Fla with Floridas electric chair de layed the scheduled execution of two convicted murderers Wednes clay Warden Dcwitt Sinclair post poned the execution of Robert Lee Jefferson and Johnnie Hill imti Saturday at am They will be the first to die in the new death house at state prison Sinclair said when the equipment was given a routine check it didnt function properly The commerce commissioner said he is a Methodist and I am well aware of the churchs feeling on liquor by the drink But if I did not sincerely feel this program would be an im provement in Iowa I would not favor liquor by the drink The liquor by the drink issue is expected to get more emphasis in the next legislative session than in the past A legislative revenue study committee recently suggest ed liquorby the drink as a means of raising revenue for property tax relief Hughes opponent for the Dem ocratic nomination for governor the Rev Lewis E Lint of Winter set has called Iowas liquor an utter disgrace and said if liquor is sold by the drink in key clubs Laotian parley pursued Reds claim theyre ready VIENTIANE Laos ndian chairman of the threcna ion control commission Avtar ingh said Wednesday proCom nunist and neutralist factions lave expressed a readiness to re ume talks with the proWestern lovernment of Premier Prince Boun Oum to settle the Laotian crisis Singh made the statement to re porters on his return from a flying rip to Kang of neutralist Prince Souvanna houma and his halfbrother pro Communist Prince Souphanou Both princes however were away Souvanna is visiting in France and Souphanouvong is in he Laotian province of Sam Neua nursing eye trouble Singh and two other commis sion members made the trip with Malcolm MacDonald British co chairman of the Geneva confer ence on Laos who spent the day talking with other rebel leaders The two other commission mem bers are Leon Mayrand of Canada and AMorski of Poland MacDonald who said he came to Laos on an unofficial visit de clined comment on the nature o his talks He had been expected to try to find out why the Pathet Lao reb els broke theyearold and pledges of rebel by staging the offensive that felled the royal governments northern stronghold ofNam Tha Sunday A British spokesman said in London Tuesday that Britain had asked the Soviet Unionto per suade the Eeds to withdraw from the northwest provincial capital 20 miles from Red Chinas border which fell Sunday after a four month siege Britain and the Soviet Union are cochairmen of the international conference in Geneva which is trying to establish a neutral gov ernment in Laos There was no report Wednesday on the progress of the Pathet Lao roops who captured Nam Tha and hen advanced toward Houei Sai the last major position held by orccs of the Vientiane govern ment north of Luang Prabang the we must legally consumption and should bear their share of the cost of government1 control these proportionate such sales royal capital At Washington t h e United States moved to reemphazie to Russia its serious concern over recent fighting in Laos Undersec retary of State George W Ball summoned Russian Ambassador Anatoly Dobrynin to a State De partment conference to under score US fears that fullscala civil war might result if a cease fire is not quickly achieved Officials indicated US Am bassador Llewellyn E Thompson who gave the same message to Soviet Foreign Minister Andrei Gromyko in Moscow Tuesday got little by way of a Soviet reaction SMALL DRAFT CALL WASHINGTON BThe Armys July draft quota will be 5000 smallest call since the beginning of partial mobilization last summer The largest was 25000 in September FAREWELL TO German citizens shake hands with Gen Lucius Clay President John F Kennedys personal representative to Berlin dur ing farewell ceremony outside Berlins city hall AP Phototax Clay sent to Berlin during the recent crisis to re affirm this countrys position there has returned to the United States to resume a privatebusiness career   

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