Page 1 of Jul 7 1970 Issue of Mount Pleasant News in Mount Pleasant, Iowa

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Mount Pleasant News (Newspaper) - July 7, 1970, Mount Pleasant, Iowa It pleasant news partly Cloudy Section one 2 sections vol. 92, no. Is it. Pleasant Iowa tuesday evening july 7, 1970 Price to cents these Days by John Chamberlain our doves could ruin the Dollar Frankfort a after listening for ten Days in West Germany to the rueful comments of Bankers industrialists and politicians about the inflated . Dollar one reaches an unpleasant conclusion we Are maintaining the nominal value of our currency in International markets by a Type of blackmail. The fiction is that the Dollar rests on a redemption value in International markets of $35 an ounce in Gold which was the Price set Back in 1934. But in actuality the acceptability of the Dollar rests on our willingness to defend the nations of Western Europe against any invasion from the communist East. There is a sort of Mutual blackmail Here the europeans can Force us to keep 300,000 soldiers in West Germany merely by hinting at a possible refusal to take any More paper dollars is we can counter by making an of so tacit threat by pointing to a speech by senator Mansfield to take the soldiers out. Since the threats Are equal nobody Calls the others Bluff. The Dollar stays put. This is not the Way the germans talk about it they Are too polite for that. But when they say that the Dollar is Quot still the worlds Reserve currency a one can Only note the nuance that resides in that Little word the word implies that we Are holding on to the Edge of a Cliff by our fingernails. One is invited to Muse on the dollars fragility when in a subsequent sentence a banker or industrialist says something handsome about the japanese yen or mentions the common sense exercised by the canadians when they decided to abolish a fixed Exchange rate Between the Canadian and . Currencies. 0 o o the fact is that the germans a and presumably most of their West european neighbors a do not want to take dollars. They have too Many already. They would prefer Gold or Swiss francs. If they were to act on their preference the fraud of the $36 an ounce Gold Price would be quickly exposed. Directly and indirectly some $43 billion in claims could be presented at the . Treasury for redemption. Our Gold Reserve of $11.7 billion would vanish before you could say but the West germans done to at this Point dare to break us. Lacking Aby real military Power of their own they Are dependent on the or. Atomic deterrent. They need those 300,000 . Soldiers. They need nato. A floundering America lost in a Dollar debacle would not be in a position to act the Strong Man is dedicated to upholding the worlds military balance. Order investigation of Cereal Industry Washington up a the i net promotion and Brand Prol Ifera Federal Trade commission pc tion and to seek the causes and today ordered an anti Trust hives remedies for any such problems ligation of the $900 million break that May toe found a the Etc said fast Cereal Industry to determine whether the Public is a denied the benefits of vigorous a the study is designed to determine whether there is any undue emphasis in the Industry on prod the , of course could put its economic House in order. But will it we go on forcing the West germans to take ious in place of Money to Settle accounts. The ious done to figure in our balance of Trade for they Are a investments in . Obligations by West we do All right in our goods and services import Export balance imports were $53 billion for 1960. Or slightly under the Export figure of $55 billion leaving us some $2 billion to the Good on the Exchange of goods and services. But when Grants and military expenditures Are taken into consideration our 1969 net loss on the balance of payments was More than $7 billion. Since we Lack the courage to accept Long term economic disciplines our International financial standing rests on our atomic submarines our minutemen our Mir developments. And our ability to counter soviet missiles with a functioning system. So it follows that the Fate of our nation economically speaking is in the hands of our doves. If senator Mansfield succeeded in pulling those 300,000 . Troops out of West Germany he might think he was saving us Money. But he would actually be wrecking the present world balance of Power for the germans without any Means of defense would have to throw themselves on the mercy of the communists. Similarly if our senator Mcgovern succeeds in Quot phasing out our minutemen missiles or if senator Brooke kills the . What would the Dollar be Worth with the russians dictating to Western Europe the Paradox remains if we done to spend to keep ahead of the soviets in armaments the Dollar wont be Worth a Nickel in International markets and we wont have anything of value to spend at Home. Our Treasury is Only As Good As our military Industrial Complex and our Standard of value is our ability to defend other people. Distributed by King features Syndicate. Seek special session for new tax Des Moines up a leaders of the Iowa property taxpayers association said today they will meet with gov. Robert d. Ray and ask him to Call a special session of the Iowa legislature to cure the evils of the present tax Structure. Riley Dietz a Walcott Farmer who Heads the group said he will ask Ray to instruct lawmakers to freeze the property tax levies at their 1969 rate and also freeze the budgets of local governmental units. O o of diets said the freeze would be Quot temporary until the legislature could devote enough time to completely revise the tax Structure and adopt More equitable levies. To to flip the place of the present Structure the group is suggesting a Quot transaction tax to replace income property and sales tax. The transaction tax Dietz said would in essence be a general sales tax with a Flat percentage rate on a transactions and allowing for no exemptions. At a rate of i per cent Dietz estimated the new tax could bring in about $750 million a year. Too tile taxpayers president said projections indicate the tax percentage would need to be higher to bring in. The roughly $1.2 billion needed to operate All aspects of state and local government. The taxpayers association has about 4,000 members at present and Dietz said it is a direct outgrowth of the numerous taxpayers revolts present across Iowa during the closing months of the 1970 legislature. Dietz admitted it is unlikely that the governor will Call lawmakers Back to Des Moines but he said he hoped to convince Ray of the importance of the move in terms of politics for the november general election. In a Brief announcement. Too it said the study by the Etc staff marked the first in a series of Quot similar studies of other industries a commission sources said the steel Industry could be among the next. The Etc said it picked cereals for the first investigation a because Industry conduct May raise consumer Protection As Well As antitrust it said the study would look into a the possibility of false and mis leading advertising and other deceptive practices As Well As Trade restraints. The announcement did not name the firms involved. But about 80 per cent of Cereal sales Are con trolled toy three companies the Kellogg co., Battle Creek Midi. Post division of general foods corp., White Plains n. Y. And general Mills inc., Minneapolis Minn. Advertising Industry sources estimate that the three firms spend a total of about $75 million a year on advertising. Since world War ii the number of Cereal brands has multiplied sharply. Smaller members of the Industry include Quaker Oats co and Ralston Purina co. Unveil suggested lifetime health plan Washington up a a Cradle to grave health insurance plan for every american was unveiled today by the Blue ribbon too member commit tee for National health insurance it would he financed by workers employers and government. Leonard Woodcock United Auto workers Law president and com rocketed two residents of the israeli settlement of Kiryati Shimona near the lebanese Border examine smashed Wall of a House struck by palestinian guerrilla rockets. One person was killed and two were wounded in this attack one of two on the settlement. Strike against three railroads 215 May be top draft lottery number this year Des Moines up a Iowa selective service director Glenn r. Bowles said today it is possible that iowans whose draft lottery number is Over 215 May not be drafted this year. Quot at the National level we have been told for some time not to go Over the number 215 for pre induction processing a a Bowles said. A based on the fact that the August Call is Low and we Only went from numbers 190 to 195 from july to August it is possible we wont have to go Over the number 215,�?� he said. Bowies said last february that a person with a lottery number of 260 is fairly Safe from the draft. For the first eight months of this year the states draft Call totals 1,810 compared to 3,565 for the same period last year. For the first six months of 1970. A total of 92 men have been processed for induction and selective service officials say the figure is More than required. Bowles said the figure would provide a Reserve should the state fall to provide necessary manpower in the fall because of student deferments. Ray sees w politics in salary rallies Des moine8 up a gov. Robert d. Ray 4 today accused some organizers of the recent state employs protest rally Over proposed salary increase of playing politics. The governor directed his remarks both at Robert Nereim a Defeated candidate for the democratic nomination for governor and sen. Lee Gaudineer d Des Moines spokesman for Robert d. Fulton the Waterloo attorney who won the democratic nomination. Nereim inserted himself into the latest rally which was held monday night to protest the Iowa executive councils inaction Over the $6.3 Milton salary increase plan. Too on stationery from Nereim a office both Ray and other executive Council members were invited to attend the monday rally. Quot i think you could assume this move has political overtones a Ray said Quot i certainly think at mondays meeting about 300 state employees agreed to hold a third rally on Friday morning during working hours in Hopes of attracting a larger following. The governor appeared less than enthused Over the Prospect of unauthorized time off for the workers and he said those attending could face disciplinary action from the numerous state department Heads. Ray also emphasized he had no plans to Call a special session of the Iowa legislature to find enough Money to implement the roughly $3.3 million which constitutes the general funds share of the suggested salary hikes. Washington up a the United transportation Union Utu struck three of the nations bigger railroads today following a breakdown in negotiations to end an 11-year-old dispute Over elimination of firemen from locomotives. The National labor railway conference representing the three car hers the Baltimore amp Ohio the j Quot Unes and packets were set Southern Pacific and the Louisville i and Nashville a immediately asked president Nixon to appoint an emergency Board to halt the strike for 60 Days. The 262,000-member Utu struck the b is o at 6 . Edt after talks Between Union and management of kiwanis to join in sports Day the kiwanis club voted monday evening to change their meeting place on monday evening july 27, to the it. Pleasant Golf and country club and thus join with other groups in the annual chamber of Commerce sports Day and supper. Leo Bragg announced the i dered Shattin a operations on its j wants divisional sports Day at 10,000 Miles of track in 13 states. Slowdowns were evident at the oth would drop two a a night b n trains application is being made by the Burlington Northern Railroad to discontinue the two a night passenger trains through it. Pleasant. These Are trains no. 3 and 4, westbound at 2 22 . And eastbound at 12 34 Arn. Respectively. Facials collapsed monday night in Washington. The strike quickly spread to the Southern Pacific and the Louisville and Nashville lines. The b amp of now merged with the Chesapeake and Ohio promptly or Bill exempts All custom Slaughters Washington up a the House passed and sent to the White House monday a Bill to exempt All custom Slaughters from Federal meat inspection standards. Present Law exempts from Federal standards Only those custom Slaughters who Proveas meat for customers and do not sell other meat. About 7,000 custom Slaughter ers would be affected by the Btu which passed 296 to 2. Say states should pay for overlay Washington up a the general accounting office says the states should pay for paving deteriorating stretches of interstate Highway. The effect could be added expenses of millions of dollars for the states. In a report the Gao said a 1963 amendment relieved the Federal government of the commitment to pay for such Quot overlaying costs. This the government will be responsible for the overlay of the 15, 496 Miles of interstate Highway completed by 1083, but not the 12,-717 Miles completed since then or the 14,287 additional Miles now proposed. The Gao said the 1968 estimate of the overlay Cost of 2,800 Miles was $200 million. Terse verse by a. C. Gordon the difference Between a Law and custom it takes More nerve to violate a custom. Galesburg 111 the club discussed the effect of the proposed monday evening opening by it. Pleasant stores on the clubs meetings and agreed to John p. Hiltz jr., chairman of the i continue the monday evening National railway labor conference meetings at the Harlan through said the strike could have a a discs August. Decision will be made then Trout Chain reaction effects on the on whether to continue beyond entire Industry and coupled with j that month but there appeared to the trains would be discontinued on August 9, according to the proposal. The two trains had a net loss of $182,521 for the first four months of 1970 according to in officials. The projected annual lass based on Revenue since the railway Post office mail was lost is $518,699. The number of passengers per trip daily has decreased to 24.27 in 1970 from 69.29 in 1967, on the westbound train. The number per trip daily has decreased to 25.67 in 1970 according to statistics provided by the company. It. Pleasant would have two passenger trains each Way if the proposed discontinuance is put into effect. These two Are the East and Mittee chairman mid the proposed health Security program would give millions of americans health insurance coverage for the first time and would solve Many of the nations pressing health problems. It would require congressional enactment. Too the committee estimated the Cost for such a program of i960 would have been $37 billion. It projected no estimate for 1973, when the plan is proposed to take effect. Of needed funds 40 per cent would owns from Federal general tax revenues 35 per cent from a employer payroll tax and 25 per cent from a tax on individual income up to $15,000 doctors hospitals and other providers of medical services would agree not to charge their patient but instead to Bill the health Security program. Patients thus would not be billed for covered services. A the insecurity created by the health crisis in America gnaws it the american family and at the deepest roots of our society a Woodcock said in a statement. Woodcock said that he pro feted no overnight miracles Quot but a he said Quot the Basic Long term solutions Are in health quiet after violence in Asbury Park Asbury Park n. Up a the ghetto West Side of this Seaside town was reported quiet but tense Early today in the Wake of More than 12 hours of violence marked by fires looting approximately too arrests and at least 44 injuries none serious. The acrid smell of smoke still Hung Over the Springwood Avenue area As Large numbers of police remnants of a Force of 200 rushed in monday afternoon continued to cordon off a 29-Block area. Too at the same time a group of 15 Black leaders some from out of town presented a list of 20 demands in a meeting with mayor Joseph f. Mattice and two City councilmen. The kids Are saying to us a act or Well act for you a said Willie Hamm an assistant administrator at Rutgers University. A and they done to act within the Law. And we have witnesses to that a Hamm said. Too among the demands were hiring by the City of too Black youths for the summer at $1.60 an hour amnesty to All those arrested in the past two nights of violence removal of All state and out of town police adequate police Protection for the West Side and appointment of a Black educator to the City school Board. Major Highway arteries sealed monday night reopened this morning and the commuter Railroad trains were again stopping at the station. The Railroad divides the town into predominantly Black and White districts. But a police spokesman said of fillers were still guarding a a a perimeter protecting the major downtown business District and that a 7 pm. Curfew would again be in effect tonight. A the Penn Central disaster could Well Lead to catastrophic economic the strike comes at a time when the Railroad Industry has been pleading for Aid from the Federal government to help Many carriers overcome financial difficulties evidenced most recently by the Penn enter Al a decision to declare Bank Utcy after the Pentagon refused to guarantee a proposed $200 million loan to the Railroad. Congress currently is holding hearings on a Nixon administration proposal to provide government guaranteed Loans up to $760 million for ailing railroads. The walkout today involved conductors trainmen brakeman and firemen. The firemen formerly fed Coal into the boilers of steam locomotives. The railroads contend there is nothing for them to do on diesel engines. Be Little interest in making a change to any other time. The program was a forestry film showing not Only forests and reforestation but also some of the Many uses of Wood from the forests particularly in housing. West Denver zephyrs and East and an increasing eligibility age each West trains la and 12, which become the California Zephyr three Days a week. The dispute centers around an order by Congress in 1959 allowing the railroads to Cut Back the number of firemen in diesel locomotives until 1965, when the carriers started re introduce levitation to it end draft Washington up a twelve senators introduced legislation today to end the draft and establish an All Volunteer military by july i 1971. The sponsors ranged across the political spectrum from conservative Barry Coldwater r ariz., to Liberal George Mcgovern . Sen. Mark Hatfield r ore., the principal sponsor said a Volunteer military was feasible regardless of manpower requirements for Vietnam. He said that conclusion was backed by a presiden Secretary of defense Thomas Gates. A it is ironic that so unjust and inequitable an institution As peacetime conscription with All of its inefficiencies should be maintained opposes spending for private schools san Francisco up a the National education association reversing a six year stand now opposes spending of Public Money for parochial and private schools. A Many delegates feared that continued spending of Public Money on nonpublic schools would help perpetuate economic and racial segregation in the South a Nea executive Secretary s. M. Lambert said after the Resolution vote sunday. The plan would provide these patient benefits a All necessary doctor services. A All necessary Hospital services nursing Home care of up to 120 Days for each illness and Home health services. A a wide Range of mental health services with some limits Oft psychiatric consultations and Hospital care. A dental care for Chi Wren up to age 15 when the plan begins with year until All age groups ors included. A the Purchase of Many drugs with an emphasis on drugs Auld medicines for persons in hospitals and nursing Homes and those enrolled in medical group practice plans. A some therapeutic devises equipment and appliances such As fire department has own radio frequency the City fire department now has its own radio frequency which will make for better communications from the police station to the trucks out on a Call. Previously a citizen band radio frequency was used the committee said. Its plan would absorb the medicare health insurance plan for the aged and most of the medicaid program for the needy at an annual increased Cost to the Federal government of about $6 billion. Turning the firemen to work under j tial commission headed by former a labor department order. Negotiations have been in Progress since. Union officials now contend that the number of firemen is being Cut again and that was the cause of the walkout. They argue that the by unproven assumptions ground alleged reductions leave an invade less fears and the Mere momentum qute number of firemen operating of the past 20 years. A a. In june of 1971, the selective service act will expire. If we act now and begin the process of building a Volunteer military Force it will not be necessary to perpetuate conscription beyond that for a minimum level of safety. New employee at local Bank Gary l. Walton of Tipton has been employed at the Henry county savings Bank As a Teller and to learn the general Bank operations. Walton was graduated this year Romania and soviet sign Friendship treaty Bucharest up a Romania recapture town of Saang phenom penh up a cambodian troops backed by South vietnamese warplanes have recaptured the town of Saang 22 Miles South of phenom penh but uth killed and 47 wounded in two Days of fighting military spokesmen said today. The cambodian estimated about 200 guerrillas died in the Battle most of them in air strike by South vietnamese and cambodian warplanes. From Iowa Wesleyan in business and the soviet Union signed their Long delayed a Friendship treaty today but informed sources said the pact did Little More than formalize the differences Between the administration. He Wras married on june 13 to Ellen Demianych of Newton n. J., a student at Iowa Wesleyan. Homing device for Airport now in use the homing device at the municipal Airport is now in operation. Monitors for the device Are at the Airport and at the City police station. The Monitor at the police station will transmit a signal should anything go wrong with the one at the Airport. While attending Wesleyan Wal two feuding communist nations. Ton was employed by the Messer peed co. Steers stolen from farm lot Keith Mcallister reported to sheriff Van Crawford monday night that seven White face and Angus steers were stolen from a dry lot on his farm located a mile West of it. Union. The sheriff went to the farm to investigate. The text of the still secret treaty formally called the a treaty of Friendship. Cooperation and Mutual assistance a May be published tonight or wednesday officials said. Trapped underground London up a transport officials today blamed a faulty Cable Between two Power stations for a subway Power failure monday that trapped More than 200,000 persons underground during the evening Rush hour. Peter Sawatsky will speak at1 sugar Creek Peter Sawatsky missionary to Brazil serving in Sao Auto state under the auspices of mennonite Board of missions Elkhart ind., will speak at the sugar Creek mennonite Church Wayland Iowa on Friday july to at 8 00 pm. Appointed in 1964, or. Sawatsky most recently pastured the Moema mennonite Church in Sao Paulo taught at the free methodist Seminary in Sao Paulo and conducted evangelistic work and directed the audio visual program in the Brazil mennonite churches. Makes charge of suppression Washington up a we Lone staff member of a House fac finding team that toured Southeast Asia resigned today charging the committee majority tried to suppress a finding that South Vietnam holds civilian prisoners in a inhumane torture a Thomas r. Harkin 30, announced his resignation at a news conference one Day after the 12-Eon-Gressmen submitted a summary of its two week trip the report made no mention of the so called a Tiger cages Quot in which Harkin said prisoners Are confined conscientious objectors must oppose All wars Washington up a the selective service has told local draft boards conscientious objectors must oppose All wars not just the Vietnam War and must be sincere in their beliefs to qualify for that draft classification. Draft director Curtis w. Tare issued guidelines on the stat Jet monday saying a a registrant who desires to choose the War in which he will participate is not a son scent Iowa objector under the Law. His objection must be to All War rather than to a specific

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