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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 15, 1978
Page
6
Former CIA director William Colby argues in his book that U.S. methods in the Viet Nam war were a mistake. He notes that then Secretary of Defense Robert McNamara and Presidents Kennedy and Nixon supported a policy of maximum force.
William Colby, ex CIA director, says the eruption of bombing and 550000 U S ground troops in Vietnam began from covert sabotage teams. In his book Honorable Men he argues the fight should have been village level political struggle using Vietnamese forces. He recalls a 1963 Saigon posting and a Hawaii conference on escalation.
Former CIA director William Colby argues current and former CIA employees who reveal secrets should be punished, but only after a judge decides if a real secret was exposed. He favors a narrow law targeting oath takers and cites Stockwell’s Angola disclosures as an example.
Reno Nevada William Lear founder of Gates Learjet Corp died at 75 of leukemia. Greenwood vice president corporate affairs recalls Lear telling him to return to school and believes Lear embodied Horatio Alger spirit. Lear amassed about 75 million and held about 150 patents including the autopilot car radio and eight track stereo.
The Treasury reports U S Savings Bond sales for the first quarter of 1978 topped 2 1 billion dollars, up 4 percent from 1977. Series E and H bonds offer discounts, face value redemption, and 6 percent interest, with tax advantages and various purchase options through banks, savings institutions, payroll plans, or Federal Reserve Banks.
In Youngstown Ohio the Ecumenical Coalition of the Mahoning Valley seeks 499 million dollars to buy restart and run the idled Campbell Works of Youngstown Sheet and Tube Co. The coalition has 1.5 million pledged from about 1 000 locals with a federal study estimating a 500 million funding need.
A special prosecutor says the investigation into illegal bingo in Alexandria is ongoing after a raid on Alva Ford Thompson. Police gathered evidence from Thompson’s office with undercover aide Kathleen Bralove. Financial records suggest bingo schemes may have misreported earnings totaling $1.2 million.
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