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Newspaper
Childress Index
Location
Childress, Texas, United States of America
Date
Dec 02, 1971
Page
1
In Rome top finance officials from the Group of Ten discussed devaluing the dollar amid the international monetary crisis. They reported progress but reached no agreement and planned another meeting in Washington on December 17 18.
The Senate voted 51 to 44 to confirm Dr. Earl L. Butz as secretary of Agriculture amid debate over his stance on farming policy. Critics argued the Purdue dean favors corporate agribusiness over small farmers and hunger programs, while supporters urged moving forward with President Nixon’s agenda.
Senator Jack Hightower of Vernon was elected leader of 250000 Texas Masons at the Grand Lodge session in Waco. Dr Duncan Howard of Waco was named deputy grand master and Dan B Jordan of Houston became grand senior warden as others moved up one rank.
The dollar tumbled to record lows on major European exchanges as markets anticipated a U S devaluation of up to five percent against gold. Banks in Paris London and Zurich moved to limit dollar dealings amid hopes for a quick resolution at a Group of Ten meeting. West German marks rose sharply to 3 29 per dollar signaling further currency realignment pressures.
Two strands of Christmas lights were removed from the Fair Park Auditorium display. The thief is known but charges may be dropped if the decorations are returned. Return can be made to the Fair Park Auditorium or the Chamber of Commerce will pick them up.
Five U S supplied F86 Sabre jets bombed and strafed Agartala the capital of Tripura state 60 miles east of Dacca for about 20 minutes civilians were killed or wounded antiaircraft guns shielded the airfield shelling increased since Wednesday night with casualties and refugee camps hit Pakistani claims two Indian cross border advances noted Indira Gandhi condemned U S arms suspension and vowed action.
U S Fromm tax assessor collector announced changes to voter registration procedures under Senate Bill 51. Initial registration runs Oct 1 to Jan 31 1972 with immediate eligibility to register but a waiting period before voting. Ages 18 to 20 may register but cannot serve on civil juries until 21. re registration occurs automatically when voting in a primary or general election.
State Banking Board approved nine phantom bank charters amid warnings they emulate branch banking. Bank Commissioner Robert Stewart and attorney Will Knox argue holding companies do not violate Texas law, though critics say the device bypasses safeguards.
Funeral services for Mrs. J. W. Snyder widow of a pioneer Childress doctor were held at 2 p m today in the Foust and Son Funeral Chapel Grapevine Rev Norman Beavers officiated and burial was in the White Chapel Cemetery near Grapevine Mrs Snyder died in a hospital in Hurst at 414 a m yesterday She left Childress about three years ago to enter a private nursing home in North Richland Heights Fort Worth She became ill about two weeks ago Alice M Holt and Dr Snyder were married in Childress in 1918 and they lived for many years at 611 Third Street Se Dr Snyder died in 1945 Several nephews and nieces survive.
The bribery case against Texas House Speaker Gus Mutscher was moved from Travis to the 104th District Court in Abilene after prosecutors and defense cited news coverage as contaminating nearby counties. Trial dates were expected to shift to February or March with Judge Neil Daniel presiding.
Congress revamps the farmer owned credit system to permit non-farm loans. The bill sent to President Nixon allows housing loans in rural areas and streamlines credit operations through federal land banks and associations and production credit associations.
Graveside rites for 87 year old James William Dillard will be at 2 p.m. Friday in Childress Cemetery with Rev. Joe S. Allen of First Baptist Church officiating. Funeral services are at 10 a.m. Friday at Schooler Gordon Funeral Home in Amarillo. Dillard a retired Childress County farmer and Fort Worth and Denver employee died at 9:45 a.m. Wednesday in an Amarillo nursing home. He was born September 6 1884 in Gaston Alabama. He and wife Bertha Barker moved to Childress many years ago then to Orlando Florida.
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