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High Point Enterprise Newspaper Archives May 22 1974, Page 2

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High Point Enterprise (Newspaper) - May 22, 1974, High Point, North Carolina 2a High Point Enterprise wednesday May 22,1974 today 88 million adult americans will drink a cup of Coffee. But 102 million will read a newspaper. Wilna on c#rre\ted1 it Ait us a a to in i that 1 elated us fld defame approved o. A Mac in for most people Reading a newspaper is an indispensable part of everyday life. 77% of us 18 and Over read a newspaper on the average weekday according to a recent nationwide study by audits amp surveys inc. And newspaper Reading is such an ingrained habit that Over a five Day period 89% of us read at least one newspaper and the average Reader sees 4.3 issues. In other words just about every one of us reads the newspaper just about every Day. On the average we spend 30 to 40 minutes with each paper we read and we go through it so thoroughly that we open and read something on 84% of the pages. We get involved with the newspaper too. We quote from it. Write letters to it clip articles and ads out of it buy things by mail on its say so. And talk about what we be read in it. 93% of All readers have done these things at one time or another. Just about everybody. So if you re an advertiser and your problem is to find a sure Way to reach everybody every Day you be got the answer in hand. The daily newspaper. Is Market advances narrowly new York a the Stock Market eked out a thin Advance today with the help of some scattered bargain Hunting and rep. Wilbur d. Mills Call for liberalized capital gains taxes. The noon Dow Jones average of 30 industrials was up 1.64 at 811.17, and gainers slightly outnumbered losers on the new York Stock Exchange. Trading remained relatively Light. Mills an Arkansas Democrat and chairman of the House ways and Means committee indicated to committee members tuesday he would push for lower capital gains taxes to stimulate conditions under which a every american can get Back into the Stock United Gas pipeline was the most Active Stock on the big Board Down is at 5 8. On the american Stock Exchange. The Market value Index was Down 04 at 80.72. Other big Board issues on the Active list included Motorola up a Point at 592. The amex volume Leader was research Cottrell Down �?�v8 at 634. The nose s noon Index of some 1,500 common stocks showed a .07 gain at 46.44. Jacobsen granted immunity for milk bribe testimony Washington a the Senate watergate committee today voted 5 to 0 to Grant immunity from prosecution in return for testimony from Texas lawyer Jake Jacobsen about an alleged bribe to John b. Connally committee sources said. Jacobsen has offered to drop his previous denials and swear that Connally took $10,000 from a Dairy Farmer cooperative according to informed sources. Connally a former Secretary of the Treasury in the Nixon administration has consistently denied taking the Money. It is unlikely that Jacobsen will be called to testify immediately. The Normal process for confirming an immunity Grant of this kind takes 30 Days. Jacobsen s lawyer Charles Mcnelis had told committee investigators that Jacobsen would invoke the fifth amendment and refuse to testify about the $10,000. But under a Grant of immunity. Jacobsen could be forced to testify or face the possibility of being held in contempt of Congress. The committee stopped Short of granting Jacobsen Complete immunity from any prosecution in the matter. Instead it authorized so called use immunity which would prevent prosecutors from using any of Jacobsen s immune testimony against him in court. This is the same Type of immunity the committee once granted to former White House counsel John w. Dean Iii. Jacobsen once swore that he Drew $10,000 from his client associated milk producers inc., and offered it to Connally for political use shortly after Connally had helped persuade president Nixon to raise Federal milk Price supports in 1971. Jacobsen also testified that Connally refused the Money and that the $10,000 in Cash stayed in a Texas Bank vault for 2l2 years until an Fri agent inventoried the Money last november As part of a watergate grand jury s president from Page Iai tub High Point Enterprise stocks not available Stock Market quotations were not available for today a Early edition because of transmission difficulties. Sports bulletin Greenwood. S c. High Point College Defeated Francis Marion 7-3 this morning in the opening game of the Naja area 7 playoff. Billy Sorrell relieved Roger Ausley in the 4th inning to get the Victory for the panthers. Sorrell gave up one hit and retired the last 17 hitters he faced. Otis Foster hit his 15th Home run with a Man on in the 5th inning to put High Point ahead to stay. The panthers play again thursday at i weapons from Page i a for obscenity until the material involved goes through an adversary hearing to determine whether it i is in fact obscene a Thompson said. Quot the result of this procedure makes effective enforcement of the obscenity Law virtually he said the new procedure under which hearings will have to be held to determine whether each piece of material is obscene Quot will require More court time and will make enforcement if there can be enforcement much More a i personally feel it Only aids the pornography outlets a Thompson added. He and Mitchell expressed the opinion that Many legislators were not aware of the effect of the amendment. A i Don t think they were aware of the practical effect it would have a said Thompson. A i would suspect the general Assembly would take some action to Amend the Law As soon As they meet a Mitchell said. He said the North Carolina Law is a probably the second or third most Liberal obscenity Law in the from Page i a motions by defendants in the break in of Daniel Ellsberg a psychiatrist s office. The Senate gave its watergate committee another month until june 30, to Complete its investigation. A the Senate committee plans to consider granting immunity from prosecution for Texas lawyer Jake Jacobsen to see what he has to say about alleged bribe Money for John b Connally informed sources said said very positively a said rep. Jerome Waldie. D-calif., after the closed committee hearing. A the was clearly ordering Dean to pay the said another Democrat. A i done to think there is any few Republican members would comment and none of those who did found anything helpful for Nixon in the tape. A this is certainly the most damning of the stuff we be had so far a said rep. Hamilton fish Rny. In the key Section of the tape Nixon suggests that Dean has no Choice but to come up with the Money Hunt allegedly demanded to keep silent. A would you agree that that s the prime thing that you Damn Well better get that done a Nixon asks. A obviously he ought to be Given some signal Quot Dean replies. The White House transcript has Nixon saying a a expletive delete get Waldie said the committee tape has him saying a Jesus Christ get in All there Are to references by Nixon during the one hour 43 minute conversation to the importance of keeping Hunt quiet and that there would be no problem in getting the $1 million Dean estimated the continuing blackmail would Cost. In his april 29 television address when he released the edited transcripts Nixon said he was a a tanking out loud in the March 21 conversation about various courses of action and had considered meeting Hunt s demand As a Way to prevent disclosure of another matter that might damage National Security. The March 21 transcript shows that Nixon was worried that Hunt would disclose the break in of Daniel Ellsberg a psychiatrists office. Hunt participated in the break in As part of the a a plumbers Effort to plug the Pentagon papers leak. This Exchange takes place Nixon what is the answer on this How you keep it out i Don t know. You can to keep it out if Hunt talks. Dean you might put it on a National securities grounds basis. H r. Haldeman who had joined the conversation it absolutely was. Dean says that would Lead to questions Why the Cia or Fri had not conducted the operation. Nixon because we had to do it on a confidential basis. Haldeman because we were checking them. Nixon neither could be trusted. With the bombing thing coming out and everything coming out the whole thing was National Security. Dean i think get by on that. Rep. Edward Mezvinsky Iowa said the tape a gives us a much clearer picture of the involvement not Only of the president but of the men around asked by newsmen whether Nixon s involvement amounted to an impeachable offence Mezvinsky said that was what each member had to decide for himself. No member reported finding any significant material added to the White House transcript As a result of the committees better recording equipment which fills in Many Blanks in the White House versions. A i would say the transcripts and tapes Are almost identical a said rep. Charles Sandman Raj. A the transcripts Are ugly and so Are the investigation. The grand jury said that part of Jacobsen s Story was a lie and indicted him for perjury. News then leaked out through informed sources that Jacobsen was offering to switch his testimony and to say that Connally took the Money and replaced it later after arranging a cover Story with Jacobsen. In return. Jacobsen demanded that the government reduce the perjury charge and a separate seven count felony indictment in a Texas saving Sand loan Case to Misdemeanour counts. Watergate prosecutors have shown no interest in striking such a Deal with Jacobsen sources say. Meanwhile a Federal judge dismissed the perjury indictment on technical grounds but Well placed sources say they expect that Jacobsen will soon be re indicted on the same charge. Steam damages Library Greensboro apes Caping steam from a High pressure line which apparently blew a Gasket Over the weekend has left Interior damage in the $3.2 million history Library addition at the University of North Carolina at Greensboro. A University spokesman said that when the Gasket blew at a Cut off valve the steam apparently was sucked up through the air Supply system with the result that extensive condensation was diffused throughout the Library. Or. James Thompson director of the Library said the moisture caused some damage to books but the collection was by no Means ruined the High Point Enterprise established 1884 published every afternoon Ond sunday morning an Independent newspaper published by the High Point Enterprise inc 210 Church Avenue High Point n c 27261 member of the associated press rates by Mau payable in Advance i or 6 to 3 to i to daily Ond sunday s36 40 $18.20 $9 to $3 05 sunday Only $13.00 $6 50 $3 25 $1 15 by Carrier wkly $ 70 monthly $3 05 or $36 40 mail subscription in n c. Sub Lect to 4% sales tax. The associated press is entitled to the use for reproduction of All local news printed in this newspaper As Well As All a news dispatches. Entered As second class matter at the Post office. High Point n c under act of March 3, 1879 second class postage paid at High Point n c All earners dealers and distributors Are Independent contractors Ond the High Point Enterprise inc. It not responsible for Advance subscription payments made to them or their representatives for Home delivery Rote Contact your local Carrier. Ward Griffith company notional advertising representatives week end specials Choice Grain fed steer beef fresh sliced lunch meat .79 la fresh sliced chopped ham.89 la. Fresh sliced Bologna .59 la All meat weiners. 69 la. Center Cut pork chops.$1.09lb. End Cut pork chops .79 la. Bacon.59 la. Choice full Cut round Steak.$1.19lb. Choice sirloin Steak. $1.49 la. Choice t Bone Steak .$1.79 la. Choice sirloin tips Quot whole .$1.19lb. Choice rib Steak.99 la Choice Chuck Steak .79 la 100% pure ground beef .79 la. It or whole Choice steer .85 la. Cut and wrapped for Freezer free. Need a beef picked up and processed for your locker to per Pound. $5.00 for picking up animal. Call 475-8773 Thomasville la. Beck amp sons retail and locker meats directions. Take i 85 South bypassing Thomasville going toward Lexington. Turn left at Pilot fire department go past Pilot school and turn left onto Pilot school rd., travel across overhead Bridge and turn right onto Stemp Everhart re building located one mile on the left. A n i

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