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Harrisonburg Daily News Record Newspaper Archive: April 19, 1974 - Page 1

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   Harrisonburg Daily News Record (Newspaper) - April 19, 1974, Harrisonburg, Virginia                                Weather In Brief Variable Cloudiness Two Sections 24 Pages Vol. 77, No. 168 Associated Prns Features t, Ptiotofax Service Harrisonburg, Virginia, Friday, April 19,1974 ForBuslnessor AOO 07n0 News Department-Dial   *^*50-x / Uz Ten Cents Economy Takes Downward Turn WASfflNGTON (AP) - The nation's economy sank swiftly toward recession levels in the first quarter of the year, while inflation pushed prices upward at an ever-increasing rate, according to government figures released Thursday. ' The Commerce Department said the country's Gross National Product dropped at a 5.8 per cent annual rate in the first three months of the year, the first decline in three years and the biggest drop since 1958. Inflation, on the other hand, soared at a 10.8 per cent annual rate. The double-barreled dose of bad economic news came one day after President Nixon announced he was going to play a bigger role in economic policy making. It also raised serious questions whether the United States would be able to avoid a recession this year, as Nixon has promised. A recession is technically defined as two consecutive quarters of GNP decline. The GNP measures the total value of output of the nation's goods and services and is considered the best index of the health of the economy. The Arab oil embargo and energy crisis apparently were an important factor in the first quarter economic decline. The Commerce Department said the sharp cutback in auto production was one of two major reasons for the falling GNP. The other was a decline in home building, which has been hit by high interest rates. The 5.8 per cent decline in the GNP growth rate in the first quarter compared with an increase of 1.6 per cent in the fourth quarter and 8.7 per cent growth in the first quarter of 1973 at the height of an economic boom. The first-quarter drop was the biggest since a 9.2 per cent decline in the first quarter of 1958. The last previous decline was in the fourth quarter of 1970, when the GNP annual rate fell 4.8 per cent. Figures computed at an annual rate mean that the rate would be the final figure at the end of a 12-month period if the trend continued unchanged. Over-all GNP in the first quarter increased $14.3 billion, or 4.4 per cent over the fourth quarter, to an annual rate of $1,351.8 billion. All of the increase was due to inflation. The inflation rate of 10.8 per cent showed the administration has a long way to go before meeting its promise of a much more moderate rate .of price increases in the second half of the year. The rate compared with an 8.8 per cent rise in the fourth quarter of last year. Sirica Issues Subpoena APWireptioto Committee Chairman Rodino works in his office Thursday. Stans Continues Denials Of 'Fixing' Vesco Case AP WIreptioto Stans arrives at court. NEW YORK (AP) - Former Conmierce Secretary Maurice H. Stans told a federal court jury Thursday that "on my oath, I never did anything to help Robert Vesco, and I never asked anyone to do anything." "Did you ever try to fix a case against Robert Vesco because of his contribution of $200,000?" Stans was asked at his trial with one-time Atty. Gen. John N. Mitchell on criminal conspiracy charges. "I certainly did not," he replied. "I never had such a thought." "Have you yesterday and today testified to the very best of your recollection?" "That was my intention and I have done so," responded the chief of fund raising for President Nixon's 1972 re-election campaign. There were two defense mistrial motions during the day over what were interpreted as vague links to individuals who have figured in the Watergate investigation in Washington. Both were denied by federal Judge Lee P. Gagliardi. Stans and Mitchell are accused of conspiring to obstruct a Securities and Exchange Commission fraud investigation of Vesco, an international financier, in exchange for the $200,000 cash contribution to the Nixon campaign, then lying to a grand jury in an effort to conceal the deal. "Did you wilfully and knowingly give false information to that grand jury?" Stans was asked by his defense lawyer, Walter Bonner. "I certainly did not," Stans said. "On my oath, I testified to the facts exactly as I knew them." "Are you guilty or not guilty?" was Bonner's final question to the witness, duplicating the last question put to Mitchell when he was under direct examination earlier in the trial. "I am not guilty of these charges, believe me," Stans replied, in an answer similar to Mitchell's. The government has laid considerable stress on what it called efforts by Mitchell and Stans to conceal the receipt of the Vesco contribution. Stans testified that the only reason for the secrecy was his pledge that as the donor Vesco would remain anonymous. Stans did not get Vesco's $200,000 in $100 bills untU April 10, 1972. But he said he accepted it by telephone on April 6, because in a similar prior situation "my attorney said it was legal and proper." Stans added that he didn't have anyone available on his campaign finance committee to go to New York from Washington on the afternoon of April 6 to pick up the money, and so arranged to have it delivered after the ensuing weekend. "Isn't it true you didn't want any member of the committee to pick up the money if it wasn't Maurice Stans?" the government asked in cross-examination. "No, that is not a fact," Stans replied. Volley Deaths Mrs. Grace L. Good, 89, of Mt. Jackson. Mrs. Effie M. Holsinger, 85, of Broadway. Bert Ashby Meyers, 88, of Franklin, W. Va. Mrs. Macie M. Compton, 61, of Upper Tract, W. Va. Details on page 16 WASHINGTON (AP) - A federal judge ordered President Nixon on Thursday to surrender tapes and documents of 64 conversations to be used in the Watergate cover-up trial involving men who were once his top lieutenants. The subpoena was served on the White House a few hours after it was ordered by U.S. District Judge John J. Sirica. The President has until May 2 to comply. There was no immediate word whether the White House will comply with the latest legal effort to wrest Watergate information from the President. Deputy Press Secretary Gerald L. Warren said "the matter will be considered by the special counsel." Sirica acted on a request by special Watergate prosecutor Leon Jaworski who said he needed the material for the conspiracy trial involving John L. Mitchell, H.R. Haldeman, John D. Ehrlichman, Charles W. Colson and three others. Hie trial is scheduled before Sirica on Sept. 9. The subpoena was the third issued at the request of the special prosecutor's office. The White House fought the first, last sununer, until it lost before the U.S. Court of Appeals. It complied with a second last month without a fight. The 64 conversations span nearly a year's time - beginning with a meeting Nixon had with special counsel Colson on June 20, 1972, and ending with telephone conversations the President had with Haldeman on June 4, 1973. Twenty-four of the conversations sought are included in a subpoena issued by the House Judiciary Conunittee for its impeachment inquiry. That subpoena Requires compliance by next Thursday. The conunittee's chairman, Peter W. Rodino Jr., D-N.J., said in a television interview Thursday that any White House editing of the 42 conversations his committee subpoenaed "could be considered a possible ground of impeachment." Rodino said he will not be satisfied with excised versions and that it is necessary that Nucon comply fully with the subpoena. "Unless this is done," he said, "This is Today's Index Calendar........................Page 2 Comics..........................Page 23 Crossword.......................Page 6 DearAbby.......................Page 4 Heloise..........................Page 5 Jeane Dixon.....................Page 20 Local News......................Page 13 Markets.........................Page 7 Sports...........................Page 17 TV Listings......................Page 11 Weather.........................Page 2 Syrian Fighters Enter Battle By THE ASSOCIATED PRESS Syrian jet fighters bombed and strafed Israeli positions on and near Mt. Hermon on Thursday in a new escalation of fighting on the Golan Heights front. It was Syria's first use of aircraft in combat since the Middle East war last October. The Syrian command said its planes caused "heavy material damage and losses in enemy lives," then returned safely to base. The Israeli military command said the attacks resulted in the wounding of one Israeli soldier. It made no mention of deaths or material damage. The Syrian attacks coincided with other important Middle East developments: -President Nixon and Secretary of State Henry A. Kissinger held a surprise meeting in Washington with Egyptian Foreign Minister Ismail Fahmy. U.S. officials said the session was to inform Egypt of continuing U.S. efforts to seek a disengagement of Syrian and Israeli forces. The Egyptians had threatened to join Syria in the Golan Heights fighting if it got any worse, but American sources said this was not the purpose of the meeting. -In Cairo, President Anwar Sadat of Egypt accused the Soviet Union of going back on promises of military aid and said ATCHARtESMATHIAS. INC. Dan Grube, expert representative for Hopkins Tailoring Company April 18and)9 his government was seeking weapons elsewhere. Sadat, however, called in a speech for a meeting soon with Kremlin leaders. -A terrorist bomb went off in an Israeli town, wounding 12 Arabs and one Jew. The Syrian military command in Damascus, 23 miles east-northeast of Mt. Hermon, said its forces in the Golan Heights combat zone had fired missiles at Israeli aircraft in the area and that one F4 Phantom jet fighter-bomber was shot down. Israel said all its planes made it home safely, The Israeli command said the Syrian MIGs attacked an Israeli position at the peak of the 9,232-foot Mt. Hermon and two positions in the "southern enclave" of Syrian territory captured in the October war. The Syrians did not specify the MIGs' targets. "Israeli planes went up against Syrians but no contact was established," the Israeli command said in Tel Aviv. 7ebra' Search Begins SAN FRANCISCO (AP) - Policemen swept through the streets of San Francisco Thursday, conducting unprecedented searches of black men in a search for the killer or killers of 12 white victims. One of the first to be stopped, Robert Brooks, said: "I think the mayor is persecuting the black community for the acts of a few crazy dudes." But police officials reported that although there was some resentment, most persons subjected to searches understood the reason and hoped it would uncover the man Mayor Joseph L. Alioto OPEN UNTIIJSAT. J.O. StIckleyiSon L�$OINERCLOSEP April 22, 23, 24 described as "a mad killer." Brooks, a 23-year-<)ld security guard, was stopped at a bus stop only minutes after Alioto announced the stop-and-search procedure as "an extraordinary measure." "If the killings continue, some other people are talking about retaliation against blacks," said Brooks, who wore a knit cap like one shown in a police sketch of the suspect. "That will be too bad. The thing is bad enough now." AT CHARLES MATHI AS, INC. Dan Grube, expert representative' for Hopkins Tailoring Company April leand 19 Shali We Dance? AP Wirephoto Brazil's Axereda welcome sday by Foreign Minister Francisco da Silveira gets an enthusiastic to the State Ucpartmeut Thur-U.S. Secretary of State Henry Kissinger. The scene took place as the conference of Latin American foreign ministers entered its second day in Washington. Story on page 2. going to be considered by the committee as a refusal on the part of the White House to comply." He agreed the White House should be able to screen national security information, but said leaders of the House inquiry should have an opportunity to review and determine what could be screened out. Otherwise, Rodino said, the White House would make the determination of what evidence the impeachment inquiry gets. Judge Sirica held no hearings on Jaworski's request of Tuesday, but he had the concurrence of two of the defendants - Colson and Robert C. Mardian - that the subpoena for the 64 tapes be issued. \ APWiripMoto DAR Speec\[\ President Nixon addresses a meeting of the Daughters of the American Revolution at Constitution Hall in Washington Thursday. He told the group that the United States needs "a renewal of America's sense of mission, sense of patriotism and sense of destiny." f?eds' Weakness: Geriatric Rulers By THE ASSOCIATED PRESS Reports from reliable sources in Saigon say North Vietnam's defense minister. Gen. Vo Nguyen Giap, may have a terminal ilhiess, and there is speculation that his passing might trigger some sort of struggle for power in Hanoi. The report illuminates a weakness peculiar to the Communist-ruled part of the world and one that is likely to create serious problems in the near future. Conununism's trouble is that it is suffering from political arteriosclerosis. North Vietnam's hierarchy is just one of many examples of a classical situation. It is ruled by a Conununist party Politburo whose average age is 64. Its premier is 68. Its party chief is 66 and its acting president is 80. Giap himself is 64. The Soviet Union is run by a coterie of Politburo members whose average age also is 64. Some of them show signs of the aches and pains associated with advancing years. The top layer in China is even older. Its leader, Mao Tsetung, turned 80 last December, and its second in command, Premier Chou En-lai, is 75, Even the one-time whiz kid of the Conununist world has become middle aged. After 15 years in power, Fidel Castro of Cuba is a paunchy 48, Yevgeni TyazheUiikov, present chief of the Komsomols, the Young Communist League, is 46, although that's far from a record. Red China at one time had a "young" Conununist chief who was in his 60s.   

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