Abilene Reporter News (Newspaper) - December 31, 1974, Abilene, Texas
Famous Poets of Yore and Old Penned Some Timely Words O' Gold
By PHIL H. SHOOK Reporter-News Staff Writer
Glitters, glistened. or glisters? That is the question.
Investors taking the plunge in the U. s. gold market, which opens Tuesday for the first time in 41 years, may find some sound financial advice in early literature.
Dryden, little known as an investment counselor, wiote “All. as they say, that glitters is not gold.’’
In “House of Fame,” Chaucer wrote “Hyt is not a1 golde that glareth.”
Other words of wisdom for the prudent gold investor include:
More on gold, Pg. 7B
But every' thyng which schyneth'as the gold Nis nat gold, as that I have herd it told Chaucer—Canterbury Tales
Not all that tempts your wandering eyes And Heedless hearts is lawful prize.
Nor all that glisters gold.
Gray—Ode on a Favorite Cat
All is not golde that outward shewith bright
Lydgate—On the Mutability of Human Affairs
Gold all is not that doth golden seem Spenser—Faierie Queen*
All that glisters is not
Often have you heard that told:
Many a man his life hath sold
But mv outside to behold
Shakespeare—Merchant o f
Finally, in case today’s gold buyers still didn’t get the message. tv. S. Gilbert in IL M.S. Pinafore wrote. “Things are seldom what they seem. Skim milk masquerades as cream.”
Notice-New Tarrier Kate* lur \ our Keporter-Newi
Betaine of continued sharp increases iii the pf ii e ut nfvi <tpi int. ink and even material thai into making this th* InM regional newspaper iii the stele, *e are furred to rai-r our home deliverv price* to $3.50 per month and lo 35* on single copies ut the Sunday edition effective Januar y I, IMT ». \ our carrier and agent *1mis iii tin* illerej*e. Thank you tor soul cooperation
See ^ our Agent
VAIL, Colo. (AP) - President Ford vetoed the controversial strip mining and ship cargo preference bills Monday, maintaining they would have adverse effects on the nation's economy and international interests.
He gave his approval to a $2.69 billion foreign aid measure. but expressed his unhappiness over several restrictions he said “may pose severe problems to our interests,” and arbitrarily bind the United States in its dealings
with foreign countries.
Ford took aition on a total of five measures, among 115 still waiting his action after passage by the 93rd Congress in its final days.
The President had announced previously that he would veto the strip mining bill that would impose environmental controls on surface coal mining. But, the veto of the Energ\ Transportation Security Act that would have required transportation of a percentage of imported oil on
C S. commercial ships tame as a surprise.
Action on the two bills uhs taken by pocket veto, by w hich a President takes no action on a bill that has roached a signing deadline while Congress is not in session.
Ford said the tanker bill “would have the most serious consequences. It would ha\e an adverse impact on the I S.
economy and on our foreign relations."
Hi* said “it would create serious inflationary pressures by increasing the cost of oil and raising the prices of all products and services which depend on oil.”
The hill mu sally would require that 29 per cent of the
See FORD. Col. 7, hack page tim sectionWeather Diagnosis:
Price 15 Cents Pre**je Abilene Reporter"WITHOUT OR WITH OFFENSE TO FRIENDS CR FOES WE SKETCH YOUR WORLD EXACTLY AS IT GOES"—Byron
94TH YEAR. NO. 194 PHONE 673-4271 ABILENE. TEXAS, 79604, TUESDAY MORNING, DECEMBER 31, 1974 —TWENTY-SIX PAGES IN THREE SECTIONS
Ford Vetoes Oil Import, Strip Mining Measures
Bad Case of Drizzles
George Christian, Austin public relations executive, former press secretary to Texas Govs. Price Daniel and John Connally and to President Lyndon B. Johnson, wrote a Sunday piece for the Dallas Times Herald reviewing ev ents of 1974.
George began by quoting the reply Abbe Sieyes gave when asked what he did during the French Revoluation.
“I survived,” he said.
So Americans may sum up 1974, George suggests.
Me survived and that was
* * *
To say 1974 was the worst of years would be to ignore a tot of history, P«t the Civil War. the Flu Epidemic, 1930. 1931. 1932. 1933, Pearl Harbor, the Battle of Hie Bulge and other dismal times
To say it was the best of years would be an exercise in neo-Wilbur Millism.
This was the year of the sour taste.
A blah year it was.
Evil Knievel might be a
proper symbol for 1974.
* • *
Some people are much, much richer at the end of 19!4 than they were at its beginning. More people are poorer.
The price of sugar went thataway. The puce of beef on the hoof went thataway the other direction. But the price of ground round held steady
There was that constancy to cling to, the constancy of food prices.
The news took strange aud unexpected turns during 1974. There was the weird story of Patty Hearse There was the weird story of the convicts escaped from a Colorado jail who terrorized Nest Texas one week end. There was the Huntsville prison story.
And for weird news, remember the. Texas Constitutional Convention? For six months or so the Texas Legislature sat as a convention rewriting the state's charter, spending several millions of our dollars rn the process. And then, blah! nothing. And nobody seemed to care.
* * •
It was not a good year for heroes. True, the name “Ja-worski” liecame a symbol for quiet integrity. Texans could take pride in Cong. Barbara Jordan. And Hank Aaron did hit the extra homers.
But, lo. the mighty who have fallen!
All of these and then along
came Fanne Fox*.
* * *
It was a year in which West Tenons had one of their driest dry- spells and heaviest rainfalls so as to qualify for both drouth and flood relief within a few weeks time.
And toward the end of the year came a sports story which fit exactly into 1974.
Southwest Conference coaches. those revered leaders of young men. molders of character, seemed to agree they'd better submit to lie-detector tests on recruiting.
What a year. But yve and our system survived. Arid now begins 1975. Welcome to it.
Abilene and the Big < ountry have a severe case of the drizzle^, and forecasters see very little relief in sight for New Year's Eye and New Year’s Day activities.
The malady’s cause, according to weathermen, is a nearly stationary frontal system near a Longview-Au st in-J un-ction-Marfa line. The same sickly conditions of light ram. drizzle and fog were reported at almost every station north and south of the system.
Weathermen said the rain and mist would begin slackening Tuesday, but a relapse was foreseen Wednesday or Thursday as a neyv system makes its way into the state.
Abilene's symptoms Monday include .ll inches of rain and a high temperature in the mid-40s.
The conditions also caused a rash of accidents. Fourteen minor wrecks were reported to police between midnight
Sunday and 8 p m. Monday.
The prognosis for Tuesday is for a high near 4U. with possible freezing rain or more drizzle during the night. The probability of precipitation is 70 per cent Tuesday decreasing to 30 per cent Tuesday night.
A deepening gloom of fog, mist and gray clouds covered nearly all of the state. Freezing mist. sleet and snow gripped so per cent of the Panhandle.
The National Weather Service issued a travelers advisory for the non hem half of the Panhandle where the serxice said roads and highways were icing over. Overpasses and bridges began glazing over Monday afternoon and weath* ermen said falling temperatures would make driving hazardous over the entire area by nightfall. Temperatures yr ere predicted to fall into the low 20.s bv parly Tuesday.
Where It Rained
WASHINGTON (AP» - The jurors in the Watergate cover-up trial began their (mal deliberations Monday with an admonition from the trial judge to consider ll weeks of testimony “fearlessly, calmly and dispassionately.”
The nine women and three men on the panel considered the case against the five defendants for just under four hours before returning to their hotel.
Their deliberation in a tiny chamber .just off the courtroom of U.S. District Court Judge John J. Sirica resumes at 8:30 a.m. CST Tuesday.
The five defendants, three of whom v ere close aides to former President Richard M. Nixon, are accused of conspiring to obstruct the investigation into the 1972 break-in at Democratic National Committee headquarters. The grand jury that returned the coverup indictment named Nixon as
an unindicted coconspirator.
In his instructions, Silica warned the jurors against considering anything but evidence heard in the courtroom.
“Neither the pardon of briner President Nixon nor any other cases or extraneous matters should have any effect on your deliberations or your verdict.” Sirica said.
Before quitting for the day. the jury requested all of the trial testimony of defendant John N. Mitchell, the former attorney general's April 2b, 1973, grand jury testimony, plus the trial testimony of three key prosecution witnesses. Fred C. LaRue. Jeb Stuart Magruder, and former White House counsel John W. Dean IIL
Sirica turned down the request. saying, it would be impossible. W e would be
See JURORS, (bl. I, back page this section
... Af Wirephoto
JUDGE SIRICA INSTRUCTS THE JURY . . . in Watergate cover-up trial Monday in Washington
* A >
BLACKWELL Tr. .23
DE LEON .31
HAWLEY M 40
LEUDERS .20 .50
NUGENT .10 .30
PAINT ( REEK .20 .50
ROCKDALE .20 .30
SYLN ESTER .50
Amusement* ............ 2A
Brtdqe ............ 2A
Classified ............ J-9C
Comic* ................ 7A
Dr. Lamb ............... 2A
Farm ................ (A
Market* .............. 6,71
Obituaries ............... VC
Oil ................. ll
Sports ............. 1.2C
Sylvia Porter ........... 7t
Today in History ......... 2A
TV Loa ............IOC
TV Scout IOC
Women'* New* ........... 31
Rev. J. Lloyd Mayhew Named
To St. Paul Church's Staff
Kelly C lifton. 8. of Lubbock, expresses concentration as she goes about a front sole circle drop glide on the low bar of the uneven parallel bars during a
recent practice session of gymnastics. Kelly is the daughter of Mr. and Mrs. Albert Clifton of Lubbock. (AP Wirephoto!
Municipal Total for Year 33.28 Normal for Year 28.55 AVOCA .45
THE REV. MAYHEW < HARLES WHITTLE
. . . lo St. Panl post ... lo First United Methodist
Jury Deliberates Far Five Hours
The Rev. J. Lloyd Ma>;iew, 62. pastor of the First United Methodist Church here for five and a half years, will become minister of evangelism and visitation at St. Paul United Methodist Church Feb. I.
Replacing him as pastor at First United Methodist will lie the Rev. Charles Whittle, 47, of Nashville, Tenn., assistant secretary for connectional ministry of the Board of Discipleship of the United Methodist Church. Ile led a revival at First United Methodist in 19GB at the opening of the new
sanctuary for that church, and was a Denison-Moore lectureship workshop leader here in 1972.
Announcements of the changes iii pastoral assignments were made Monday afternoon by Dr. Darns Egger, Abilene district superintendent, and by Bishop Alsie Cal let on of Albuquerqi. . %
The Rev. Mayhew. who was named “outstanding pastor” for the Abilene district in 1971 at a ceremony at Southei n Methodist University, came to First Methodist in June 1969
after four years at Levelland, four at Brownfield, six at Lamesa. four at Slaton, and previous pastorates at Highland Heights in Sweetwater, Andrews Ackerly. Ki>|>es\ 11 Ie. M ('(’aul tty and Hail, the Civ de Circuit, and the Blair Circuit following graduation from McMurry College in im He was born and grew up at Drasco mean Winters).
“I VE NEVER been arn more thrilled than when we
See PASTOR, (bl. 5, back page this section