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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Aug 17, 1971
Page
5
An editorial contrasts past debt fear with postwar spending, noting Nixon's televised plan to fix the dollar and economy. It critiques federal trust, cites tax cuts on new cars, import surcharges, and price wage controls, and questions peacetime enforcement capabilities.
New York investors greeted President Nixon's economic message with a surge on the New York Stock Exchange. Trading hit a record 31.7 million shares with 196 block trades of 10,000 shares or more and about 60,000 transactions, reflecting a brisk, volatile session as prices moved higher.
Malvern Arkansas former police officer Rudy Short pleaded guilty to grand larceny and breaking and entering a vending machine. He had been suspended after July 1970 charges and changed his plea after five state witnesses testified.
Commissioner of Labor Cline announced Wynnewood Products Company of Hope will receive the Safety Award of Merit from the Arkansas Department of Labor. The award honors a program producing 156,000 man hours without a disabling injury from January 1970 to June 1971. John Wilkins will present the framed award to Buel Verser, Safety Director. Benjamin Davis invites inquiries to the Occupational Safety Division.
Arkansas Extension plant pathologist M C McDaniel reports Southern Corn Leaf Blight confirmed in six counties Hempstead Lincoln Calhoun Jackson Grant and Crittenden. About a third of the crop used for silage rest for feed grain with one home garden case. No ill effects on consumption from SCLB yet, but quality and quantity are reduced.
Corpus Christi school district appeals to Justice Black over a federal order to bus about 15,000 students. Judge Seals ordered desegregation busing aiding Mexican Americans who comprise 45 percent of the city. District cites $1.7 million cost amid national debate on cross-town busing.
The 8th U.S. Circuit Court of Appeals affirmed the Little Rock School Board desegregation plan approved by Judge Henley. It will open Aug. 30 but orders changes to elementary school desegregation and narrowed busing rules for grades 6-12. The ruling cites funding and logistic hurdles and highlights Mexican American rights in this desegregation context.
A playful syndicated column from HAL BOYLE jokes about repurposing discarded tin cans to pave a global highway, notes on education reform and a fluctuating earth day, and light musings on gender income gaps, aging, explorers, water supply, and everyday wisdom.
The Arkansas Association of Insurance Agents says Nixon's wage price freeze will pause a planned automobile insurance rate increase, affecting agents statewide and delaying higher premiums for drivers.
Viet Cong frogmen sank the 11,000-ton U S freighter Green Bay in Qui Nhon harbor. DMZ shelling continued for the sixth straight day as U S B 52s conducted heavy raids, dropping over 600 tons of bombs on North Vietnamese positions. The Green Bay suffered a major hull breach and four injuries, with the ship resting on the harbor bottom in 40 feet of water.
Adrian Herbert, the world’s fourth heart and lung transplant patient, died 23 days after the July 25 operation by Dr. Christiaan N. Barnard’s team. The 49-year-old dental technician received a heart and lungs from a 28-year-old donor whose death occurred the night before. Herbert had suffered two years with emphysema and his heart weakened. The prior three transplants had been done in the United States. outcomes included one death within a week and another shortly after surgery. Herbert’s heart functioned well but the lungs faced mechanical and rejection problems.
The Army will send home up to 43000 draftees, many with Vietnam or Korea service, up to four months early as Congress considers a 50000 man average strength reduction for fiscal 1972. Pentagon sources warn further cuts may follow, including fewer inductions and higher re enlistment standards if the plan proceeds.
Clarence D. Palmby assistant secretary of the Department of Agriculture told the American Soybean Association in Hot Springs Ark that foreign trade in soybeans might be hurt by Nixon’s new economic policies. He noted that about 50 percent of the 50 soybean crop is exported and cautioned delegates against international agreements to control agriculture.
Dr. R. M. Thomas of the Arkansas Livestock and Poultry Commission announces lifting the embargo on Texas horses after no new Venezuelan equine encephalomyelitis cases. Horses vaccinated 14 days prior may enter Arkansas with a health certificate and VEE vaccination certificate, without a prior permit.
In Woodruff County Arkansas a crop dusting pilot, 38 year old Ern est Howard Dallas Jr of Howell, was killed when the Dallas Flying Service plane he piloted crashed about 70 miles south of McCrory. The aircraft was owned by Dallas Flying Service of Augusta.
Treasury clarifies that importers may pass the 10 percent foreign duty to U S consumers despite Nixon's wage price freeze. Aimed at easing price ceilings, officials say public price records must be kept, while dividends and profit margins remain largely untouched and interest is to be held line. The policy comes as Nixon rallies lawmakers to back a tax cut plan, prompting mixed reactions from labor and stock markets.
President Nixon seeks major change to the fixed exchange rate system, aiming to strengthen the dollar. Economists expect flexibility in how currencies are pegged to the dollar, with IMF ministers and finance chiefs gathering for the 1944 framework review at the IMF annual meeting opening September 27 in Washington.
London officials and European ministers seek policy alignment amid a widening U S Japan monetary and trade dispute. The dollar gold link was cut, Japan resisted yen devaluation, and Tokyo vowed to oppose Nixon policies as markets globalized uncertainty. Noboru Takeshita defended Japan while the Bank of Japan was ordered to absorb dollars.
Army Private Andrew P Woods, son of Mr and Mrs Willie Woods Rt 1 Fulton Ark, completed eight weeks of training at Ft Knox Ky. 100 Years Onward a centennial University of Arkansas magazine will be published early 1972 with 300000 circulation. Supt James H Jones says season tickets and box seats are on sale for five home games at $6.50 season books and $1.50 adults $1.00 students. Box seats eight total $16. Lions Club aids 20 blind children en route from Fort Worth to Russellville with a watermelon feed in Hope. An estimated 9 percent of University of Iowa Ames students earned degrees this month including Charles Stone 120 N Hazel Hope Ark with MA in Music. Navy Seaman Tony C Smith son of Mr and Mrs Herman W Smith 4118 Park Drive Hope Ark attends Naval School of Music at Naval Amphibious Base Little Creek Va. Smith is a graduate of University of Arkansas Fayetteville.
A Hope Star feature invites readers to take the weekly News Quiz to test knowledge of current events, vocabulary, and news figures. Scores appear on page 3, with the quiz on page 4, part of the Living Textbook Program sponsored by Hope Auto Company and Hope Star for participating schools.
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