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Des Moines Register (Newspaper) - September 2, 1973, Des Moines, Iowa
Tote Iowa depends upon monday highs both Days 82 to lows tonight in the upper Sunrise Sunset Page Price 35c Des sunday september 1973 sections the House that Wallace built see damage to Economy usury Law state interest limit below prime rate by Richard Doak some Iowa Bankers Are predicting serious damage for the states Economy if interest rates remain at their current High level and if the states usury Law int the usury Law now sets 9 per cent As the maximum a lend ing institution May charge for Loans such As Home mortgages and Small business prime rate the prime interest the going rate in the Money Market for Loans to Large corporations that Are the Best financial risks now is 9 per cent and is expected to Rise to now the Guy with Short hair looks Odd the say some May be to dry up Money Avail Able for Home Loans and other Loans to individuals and per haps to drive investment Money out of the other Bankers saying Lowans have As yet run into no trouble obtaining depending on what happens to interest rates the rest of this the legislature May be asked next january to get rid of the 9percent limit on inter est serious and its go ing to get More said John Chrystal of Coon president of the Iowa Bankers getting Loans Chrys Alsaid some businesses now Are obtaining Loans Only because of a longstanding relationship with their Chrystal said that when a similar situation occurred in some Large companies which formerly made Money available for Loans in Iowa stopped making Loans in Iowa and never have re he said there Are in the same thing May be happening Why should a National insurance company loan Money in Iowa at maybe 1 to 2 per cent less can get some place else he he said that if the interest ceiling in Iowa remains lower than the prime the states x Economy can be damaged from Lack of j Chrystal said that if the situation continues the legislature May be asked to change the usury Law next political problems i ska politically difficult sit he what ought interest please turn o Page two debate bid to protect farm Uno Iowa counties move to curb cities acc ruling curbs radio sermons for Iowa Hutins How to beat clock productive use of Leisure time is one of worlds great says sol Davidson of Des in the Story on Page one of the and family Section on How some Lowans make use of their adult crossword before you c briefly business Industry c classified ads editorials b Gallup poll b gardens c Market c open b radio schedules b Heaters b b visual b Days record your sunday Register today consists of nine regular sections two Home and picture lot to Magazine and plus a special advertising by Michael Sorkin Register staff writer Des Moines Register and Tribune company Orange in the front of the a Man is speaking into a a hidden trans Mitter picks up the message which the roof top Antenna booms to eager the local station not at Welcome to the Trinity reformed Church of Orange the Don Lenderink one of dozens pastor Lender inks Church is one of dozens of Northwest Iowa houses worship which have 9 e e n broadcasting sunday school wed dings and even funerals each with their own individual set of pm radio the audience is never but it is always the ones that listen Hutins who cant get to Church due to age or pastor Len Derink inthe last All of this has a Federal communications commission acc investigator Down on the threat ened them with fines and up to o year imprison ment and shut Down More than 30 of the Church Broad it seems that none of the them their broadcasts be heard from More than a Block most of the churches were using equipment with less than five Watts of Power about enough to Send a signal three to four depending upon the but that too Strong for the which permits noncommercial broadcasters to transmit Only at about 100 Mill Watts or Atkeisson local folks Are perturbed about the fecs crackdown be c a u s e the broadcasting of Church sermons so that Hutins can hear them has been going on without trouble for the history of this goes Back 2025 says Corn Elius corny who runs an Orange City radio repair Bootleg radio Stegink is also the Man who made the Bootleg radios for about 30 of the area not Only but he also As signed each Church to differ ent radio frequency so they interfere with one an How did you Start operating As a sort of miniature corny one Church came and asked Jne if i could make an pm radio set for the 52 year old Stegink so i spent about eight or nine broadcast please turn to Page ten Church had broadcast they were also transmitting on airwaves which the acc has reserved for commercial radio in they were using Bootleg radio gear equipment made by a private dealer which Doest meet acc they can but they have to meet certain re says Robert at an Engineer the fecs Field Atkeisson the fecs requirements Are so stringent that if the churches were to adhere to lightning jolts Man and parents a Webster City Man was listed n fair condition at Iowa meth Odist in Moines after lightning struck a tree near him saturday afternoon on the Simpson College Campus in the Christopher Ost was walking across the Campus about with and Robert Ostlund of Webster when the lightning knocked All three to the his parents were slightly Agnew in 2hour talk i a president Nixon and vice pres ident Spiro Agnew met a length saturday to discuss the criminal investigation involving Agnew and then went their sep Arate ways for the labor Day the two hour meeting at the White House was a Thor ought discussion of the Feder Al inquiry in which Agnew fas e s possible White press Secretary Gerald Warren it also the coming session of Forress legislative priorities and other he Nixon later flew to i Camp Retreat of t h e while a Nev planned to spend the weekend with friends at Ocean my renewed speculation the White House meeting a Given Rise to renewed Specula Tion that developments in the criminal probe had reached a Point where agnews Resigna Tion might be requested or of Warren and a spokesman for the Vic president denied this in and both said Satur Day that the subject of agnews resignation did not come they there was no discussion of agnews Legal strategy nor of any constitutional questions such As Legal Steps that might be taken against a Vic president or his use of executive Warren said in reply to questions from newsmen that Nixon Confidence in As expressed in his news Confer ence at san two weeks remained in by Stephen Johnson Steps taken this summer by Ivo Iowa counties to protect heir agricultural land from residential encroachment have marked debate Between envy devel and planners Over the merits of uncontrolled what is happening in Black Law and Polk counties Mir ors efforts being made else where to subject virtually All he nations land billion cres of it to a planning see policy Law sooner or the planners the nation will have a comprehensive land use poli y Law that will spell out what americans can and cannot do with their the authors of a Federal land use policy and planning As distance act which is expected o emerge from Congress this year or next Are calling on individual state land use included in the proposed fed eral legislation is a require ment that state government develop detailed projections o the and compatibility of land needed for Rural taking int consideration future deman for products of the the proposed legislation even Calls on the states to influence the location of new communities and to control the use of land around these according to the United states department of Agricula More than million acres of farm land Are permanently lost each year cities and their expanding sub to roads and and to manmade lakes and Reser in Iowa according to the Iowa crop and livestock reporting acres of farm land Are converted to nonagricultural uses each it is this encroachment tha prompted officials in Polk and Black Hawk counties to propose Tough new zoning Laws that if seriously cur Tai the construction of Homes on prime farm lands surround ing Des Moines and Waterloo Cedar Little league As big business i Trust in i love my country and will respect its i will play air and strive to but win or will always do my Little league by Martin Ralbovsky l 1973 new Day South Little league baseball is As much a part of the american tapestry As Apple pie a la Mode and Norman Rockwell paintings of Little girls in pig tails eating Drippy ice Cream Cones and fireworks in the sky on the night of july for 34 years it has been a federally chartered corporation that operates in concert with the government to promote americanism in 30 countries besides the United states it is a franchise business that takes in millions of tax exempt dollars every year it is conglomerate that Sells the rights to the official Little league Seal to hundreds of companies and in turn collects Royalty fees when those companies such As Nas an estimated value of Pioneer seed firms value former started company in 1926 by Don Muhm the registers farm editor the Iowa based company founded by former Vic Epresi Dent Henry whom detractors and some friends an impractical Little league pitching Little league and Little league jewelry for members of women auxiliaries Are sold on the Little league is a big business with two Heads earning Money and promoting on july president Lyndon Johnson signed Public the Law gave to the organization known As Little league with Headquarters in South Williams a Federal Charters Are As a Ausjin the Hallsel Congress As had been reserved for organizations such As the american red the charter incorporating Little league baseball links it with the government it was a marriage made on the floor of the House of representatives by two prominent matchmakers Emmanuel then a member from new and William then a member from new nearly on Quarter billion Dol the Pioneer i bred head quartered in Des made the estimate in a preliminary prospectus for the first Public offering of the 47yearold com pants i i firms beginning j genesis of the fir Wasin 1904 As a the Scien t i s politician philosopher Wal lace raised his first hybrid seed Corn along thirty eighth Street Between University and cottage Grove avenues in Des the House that Wallace built now Sells nearly on fourth of the charter made tax exempt All the Money that found its Way into the Little league Headquarters building on route 15 h seed sold for Field the do in return for the Federal were two things tailor its Mission to the wishes of the government and file an annual financial and philosophical report with the judiciary committee of the House of first to act Black Hawk county made first step toward clamping Down on builders and developers by proposing that future Home Sites in the Countryside would have to be at least 35 acres in size presently the minimum Countryside lot size in Black Hawk As in Many other is three opponents of the proposed new ordinance argue that All Buta handful of affluent Citi Zens will be unable to build new Homes in the Black Hawk county object to the new direction the supervisors Are i land please turn to Paye three kept secret so for the past nine years the largest sports organization on the leagues in 31 has been a quasi governmental but it has been such a Well kept secret that the Only people who seem to know it Are the people in the general accounting office in who audit the annual financial reports from South a result in places such As saudi for Little league baseball is actually functioning As a de Facto representative of the if you happen to think that your neighbourhood Little league runs by you Are each of the Little leagues pays approximately a depending on the number of for the privilege of calling itself a Little that off the top every year to the head quarters in South 10 Little league Headquarters Sells its franchises in much the same Way that Mcdonalds Sells its hamburger each of the Little like each of the Mcdonalds hamburger becomes a separate entity under the Headquarters umbrella once it pays the franchise All of the leagues Are ultimately ruled by a Small group of men who sit High atop the corporate next Are the Allstar tournament game july 18 every when the Allstar teams begin playing in tournament which culminates with the annual Little league world collections Are taken at each game among the from each is sent to the since or so Allstar tournament games Are played before a world Champion is finally crowned at the world the Headquarters in South Williamsport takes in approximately from these games a combined with the Hal million dollars that it gets in the Allstar tournament game fees raise its annual intake figure to Over three quarters of a million dollars All of which the Headquarters get directly from the local leagues a of it is tax then comes the business of subsidiary for All of the millions of official Little league bats that Are the Headquarters receives Royalty fees in return for the use the official Little league Are also derived from Stich things As official Little league official Little league batting official Little league awards de desk first Aid batting leg pitching Public address Cas Sette recorders and Rule rubber spiked league please turn to Page five under the proposed Stock offering 1 million of million shares outstanding there would be Little Impact on control of the six families now hold per cent of of Fiji outstanding Stock the Casa d y urbans and they would still hold per cent after tl5e they Are descendants and relatives of who died in and families of persons who helped him in the company estimate for shares the preliminary which requires the approval of the securities and Exchange j estimated that the Stock would sell at Between and a which would put the total outstanding Stock value at Between million and under the shares would be sold by Pio Neer and would be by the current the late who served As Vic president Dur ing Franklin Roosevelt third term founded the company in 1926 and was credited with the first application of genetic Breed ing techniques to the Large scale production of hybrid seed but the firm expanded into Pioneer please turn to Page six changed following saturdays charge three in scale swindle a three missourians Are charged with defrauding local milling companies of at least by Agnew had requested the rigging Scales used to weigh meeting with Nixon to loads of bring the president up to Date authorities said the plan on the it involves alleged kickbacks to government o f f i c i a 1 s by contractors in Maryland where Agnew served As governor before he became the Vic president has been the attorney in drives 1932 car to License fails Henry Wallace the registers Iowa news service Sioux no body surprised when 81 year old Elizabeth Rodenburgh drove her y e told Ford in for her e r s License Moines j after she called Motroe member of Shehas been driving it Ever since Karen of to hide in a room below the Scales and place Lead weights on Charles Hamp George Nixon please turn to Page seven of Are charged with six counts of Confidence they were being held in lieu of bind she bought it Back in the surprising part was that she failed the a slight she called ill get it next i passed the Eye exam with out said to Buti missed on one of the questions about signs there int any doubt that an Active former schoolteacher grandma to the College students she enjoys so much knows the value of her trusty it shines like a Mirror and it has All the original equip she offers to Pur Chase the car come regularly from teenagers and nostalgic her nieces and nephews think they would like the car some she said with a the mayor asked me i i would will it to but Ive decided to will it to North Western College in Orange she it and use the i Sel Money for to wants gored by Bull at fair a Keith Griffin of was injured saturday when gored y a Bull he was exhibiting at he Nebraska state he was taken to Lincoln Gen ral Hospital for possible Ery but was reported in Good judging of the daily show was about to get underway at Fairgrounds coliseum when the Bull Griffin to a Wyll near the other persons in tale area managed to free Dairy show Rube Wagner said Griffins son inlaw was by the Samf Hull at the Iowa state fair last
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