SATURDAY, APRIL 20, 1968
VOLUNTEER (left) for the World University Service pre- of World University Service Week, which will continue
|j pares meal last night at WUS' Pancake Dinner, held at the at 2 p.m. tomorrow with a "Ballon-In" on the Old Main
E Wesley Foundation. The affair (right) marked the opening lawn
Ransom Nothing New
PHILADELPHIA
ing Sen. Eugene J. McCarthy said yes
terday that the payment of ransom
for the captured intelligence ship USS
Pueblo and her crew would be in keep
ing with precedents established by his
tory and by the United States.
“I think that once you get to be
the No. 1 power you have to expect
once in awhile to pay ransom, especial
ly if you have your ships adjacent to
countries that don’t respect inter
national law,” the Minnesota Democrat
said.
McCarthy made that comment at
a news conference. Later, on a hand
shaking tour in downtown Philadel
phia, he added he was not advocating
the payment of ransom to North Ko
rea for the Pueblo’s release.
North Korea seized the ship and
her 83 men last Jan. 23. The Com
munists charged she had violated ter
ritorial waters on a spy mission.
Nixon Backs LBJ Peace Bid
WASHINGTON (ff)~Rich
ard M. Nixon told cheering
editors yesterday that in his
COP presidential nomination
campaign he is not going to
undercut President Johnson’s
efforts to get peace negotia
tions under way.
_ Calling for a pause in criti
cism of the President’s poli
cies, Nixon said: “1 intend as
long as there is any hope for
successful conclusion of these
negotiations to have a mora
torium on criticism.”
Nixon said it is nonsense to
call Johnson a hawk. He said
all potential candidates for
the presidency want peace,
adding: “At this time the one
man who has the responsi
bility for it and who can do
something about it is Lyndon
Commander To Speak
Lieutenant Frank Dyke, in quelling the Pittsburgh
commander of the Centre riots.
County National Guard, will AUSA is an extra-curricu
speak on Riot Control and lar organization for Reserve
Training at 7:30 p.m. Tuesday Officers Training Corps ca
in 101 Wagner. dets. AUSA provides speak-
The talk is being sponsored ei ’ s who, along with mem
by the Association of the bers of the association, visit
United States Army, Dyke high schools to explain the
will include in his talk the ROTC program
training given to National
Guard units across the coun
try and the role of the Guard
in the over-all defense pro
gram of the United States. He
will also tell of his experi
ences while in command of;
the Centre County Guard'
contingent, which took part.
1C A Psi"
is Back
Tonight we will party in celebration of the
initiation of five new brothers; the election
of Brother Ted Thompson as Vice President
ttfacaKsassaasttS's? Bnxxu.. jsb oom
of U.S.G.; and the selection of Brother Rod
■ » j
Wodson as a member of the Student-Fac-
ulty Senate.
The members and pledges of:
• Alpha Kappa Alpha
• Phi Sigma Kappa
• Alpha Chi Omega
• Omega Psi Phi
• Delta Sigma Theta
• Delta Tau Delta
• Alpha Phi Alpha
are welcome to celebrate with us
Kappa Alpha Psi
"We Party Harder "
VA ■«.
Sen. McCarthy Asserts
McCarthy said President Johnson's
efforts to regain the vessel and the
men through negotiations is the proper
course. But, he said, there are prece
dents for ransom because that was the
method used to gain release of prison
ers captured by Cuba 'during the Bay
of Pigs invasion attempt seven years
ago.
As he flew into Philadelphia early
Thursday to press his hunt for votes
in Pennsylvania’s April 23 presidential
primary, McCarthy told newsmen he
does not expect to get as much Negro
support as Sen. Robert F. Kennedy of
New York in the primaries they are
contesting.
Pennsylvania’s primary is not one
of them. McCarthy’s is the only name
on the preferential ballot here. But the
primary does not bind the state’s 130
convention nominating votes.
McCarthy said his record on civil
rights is one of more activity over a
Calls for 'Moratorium on Criticism 1
Johnson. As far as I am con
cerned, I am not going to do
anything to undercut him
until he has a chance to bring
it about.”
Berates Kennedy
The former vice president,
who kept an audience of the
nation’s leading newspaper
executives and their wives
alternately laughing and ap
plauding, jabbed sharply at
Sens. Robert F. Kennedy, D-
N.Y., and Eugene J. McCar
thy, D-Minn., for continuing
their criticisms of Johnson’s
actions as they campaign for
the Democratic presidential
nomination.
Questioned by a panel of
four editors, Nixon predicted
the Democrats may wind up
with a ticket of Kennedy for
Awareness Through
Investigation and
Discussion (AID) j
Open Meeting j
Tues. night 7:30 |
301 Boucke
320 $. Fraser
longer period than Kennedy’s. But, he
said, Kennedy “tries to establish a more
personalized relationship with the Ne
groes.”
In a Philadelphia speech, Mc-
Carthy advocated an overhaul of U.S.
policy in Europe.
He said the refusal of western
European nations “to follow the Unit
ed States in increasing the size and
role of NATO” is an indication of
American policy failure.
“At present there is little agree
ment within the alliance as to the func
tion of NATO,” McCarthy said in a
speech prepared for a rally. “Its exist
ence is perpetrated by a military bu
reaucracy involved in imaginary anti-
Russian war games, while the Ameri
can nuclear arsenal continues to be the
real deterrent and while American
troops remain stationed in Europe as
hostages to guarantee our commit
ments.”
president and'. Hubert H. urban' Negro than to have in-
Humphrey for vice president, flationary spending that
Nixon said he hopes 1968 is would diminish the value of
“not the year of the big draft” welfare payments, raise gro
that would bring. G.ov. Nfilson ■ -cery and’clothing bills-and all
A. Rockefeller into the race, of the costs of the necessities
Rockefeller proposed to the of life,
editors Thursday a 10-year, “What is needed now is not
$l5O-billion program of spend- doing the over-promising that
ing to eliminate urban pov- Has created much of the frtis
erty. Nixon said that isn’t the tration that has led to some
way to approach the prob- of this rioting,” he said, “but
lem- to be candid and honest as to
“I could stand here today what we can do and then do
and say that instead of spend- it." ■
ing $l5O billion I’ll spend $2OO Without mentioning their
billion,” he said. “After all, names, Nixon took Kennedy
that’s no sweat for me. It’s and McCarthy to task for their
not my money, it’s yours continued criticism of John
we’re going to be spending.” son’s efforts to get negotia-
He said he thinks nothing tions going with the North
could be more harmful for the Vietnamese.
n-r *■
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Foreign Policy Failure
Commission Orders
Probe of Railroads
WASHINGTON (fP) In a move that could make
financial history, an Interstate Commerce Commission
examiner ordered officials of five financial institutions to
identify the hidden owners of some of the nation’s largest
railroads.
Observers said it was the first time in the commission’s
81-year history that such a positive step has been taken
to pierce the traditional veil of secrecy that shrouds the
true ownership of the railroads. .
There was no immediate indication whether the banks
and brokerage houses would honor the subpoena without
a fight, or whether they would appeal its validity to the
full commission and ultimately to the courts.
The men subpoenaed are directed to appear at the
ICC on June 10 with the requested records.
The subpoenas were issued in a case involving a fight
for control of the financially shaky Chicago, Rock Island
& Pacific Railroad. The Union Pacific Railroad'and the
Chicago & North Western Railway are fighting for con
trol of the 7,849-mile Rock Island Line which serves- 14
Western states.
But other railroads are seeking at least a chunk of
the Rock Island, and still others want'financial protection
from any merger that the ICC may approve.
The case has been before the ICC for five years, and
hearings still are under way.
Examiner Nathan Klitenic, through the subpoenas,
asked the five firms to supply the names and addresses
of each beneficial—or actual—owner of 1,000 or more
shares of stock in the Union Pacific; Southern Pacific;
Atchison, Topeka & Santa Fe; Chicago & North Western
and Denver & Rio Grande Western Railroads.
Also, for each of these railroads he wants the num
ber of shares of stock voted by each of the five firms last
year, and for each beneficial owner of 5,000 or more shares
Urqes 'Redirection'
Kennedy Talks
On Industry
LOS ANGELES (JP) Sen. Robert F. Kennedy called
yesterday for a redirection of American industry “not
simply to improve the quality of our goods, but the quality
of our lives."
Campaigning for California’s rich lode of 174 delegates
to the Democratic National Convention, the presidential
contender proposed “a new fusion between the genius of
private technology and the resources of public authority.”
The New York senator’s second visit as candidate in
California’s June 4 primary was dramatically different
from the triumphal, frenzied greeting sections of the state
gave him shortly after he became a contender a month ago.
Friendly Reception
His reception from some 11,000 students on the sunlit
campus of Fresno State College in California’s agricultural
country was friendly and attentive. But it had none of the
animated response that marked his earlier visit to the coast.
The Kennedy organization seemed to be making little
attempt to whip up the kind of public reaction of which
the state is capable. His Los Angeles speech was before the
Town Hall, a gathering of business and civic leaders.
Kennedy’s support from the business community has
always been less than enthusiastic.
Urging a turning of American technological skill to
ward the urgent social needs of the nation, Kennedy pro
posed an extension of existing industrial capacities to
“those areas where jobs are now nonexistent, and where
men long languish on a welfare dole.”
More Effort, Originality
He said the nation must employ “challenging, original
techniques in the most urgent of our social tacks,” such as
the use of computers in public schools to help under
privileged children catch up.
He said industry would not be undertaking social re
form “as a matter of selflessness or charity.” It has pros
pered, he said, “because of America’s commitment to space
and defense.”
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Shaky Finances
of this stock.
The subpoenas were issued to Francis J. Lyons, part
ner in Hold & Co., Washington, and these New York-based,
individuals: Arnold McCullough, partner Cudd and Co;.
T. C. Lewis, partner, Sigler & Co; J. Eugene Banks, part
ner, Brown Brothers Harriman; J. E. Thompson, president,
Merrill Lynch, Pierce, Fenner & Smith.
Hold, Cudd, and Sigler are, actually phantom organiza
tions. They are nominee names used' by three large banks
for the purpose of. administering,, sjhares they hold in trust
or in other financial capacity. ■ ’
Hold is a name used by Riggs National Bank; Cudd .is
used by. Chase Manhattan Bank-, ■ and Sigler by Manu
facturers Hanover Trust " t Co.
Both Cudd and Sigler show up on railroad annual
reports on file at the ICC as very large holders of stock
in Union Pacific, Southern Pacific, arid Santa Fe, among
others.
Merrill Lynch holds millions of shares of stocks in
many railroads. While this stock is-registered in its name,-
the shares presumably are held for customers.
LBJ Requests
Tax Increase
AUSTIN, Tex., (AP) - The
White House said yesterday
tighter money is inevitable be
cause, in the absence of higher
taxes, it is “our only present
defense against inflation.”
Press secretary George
Christians, asked for comment
on the Federal Reserve Board’s
Thursday move to restrict cred
it by boosting the discount rate,
said the action underscored an
urgent need for congressional
passage of a Lax increase.
President Johnson has been
pressing since early 1967 for a
10 per cent income tax sur
charge but has failed to spur
action on the measure by the
House Ways and Means Com
mittee.
Urges Support of Press
A bid for support of the na
tion’s press was made in Wash
ington by Chairman William
McChesney Martin' J of the
Federal Reserve Board, who
said the country is “in the
midst of the worst financial
crisis we have had since 1931.”
It is not a business crisis but
a financial crisis, Marti., said,
the difference being that the
country is in a period of in
flation, not deflation as. in 1931.
Martin spoke at the annual
meeting of the American Socie
ty of Newspaper Editors. He
called emphatically for enact
ment of the 10 per cent, tax
surcharge and a reduction' in
the federal budget, saying that
unless the trend to rising
deficits is reversed it will “in
evitably lead to a worldwide
devaluation of currencies.”
Johnson was spending a
work-and-rest day at his LBJ
ranch, some 65 miles west of
here. Mrs. Johnson joined him
False Names
there from Washington Thurs
day night. They are expected to
remain through the weekend;
Islands “Disaster Areas”
Johnson declared the Trust
Territories of the Pacific to be
a major disaster area and al
located an initial $2.5 million of
federal aid to help repair dam;
age wrought on Saipan and
other islands by Typhoon Jane
earlier this month.
To head the U.S. delegation
at the United Nations Interna
tional Conference on Human
Rights, to be held next week in
Tehran, Johnson named Roy
Wilkins, executive director of
the National Associ. lion for
the Advancement of Colored
People. 7'
David H. Pepper, deputy as
sistant secretary of state, will
be alternate chairman.
Other, delegation members
are Morris B. Abram of New
York, Bruno V. Bitker of Mil
waukee, and John J. Grogan of
Hoboken, N.J., president of the
Marine and Shipbuilding Work
ers Union.
Student Free
In Drug Case
The case against ?. Univer
sity student who was arrested
for possession of drugs has
been dismissed by the College
Township justice of the peace.
Charles Andrews, 21, was ar
raigned on April 5 on charges
of violating the Drug, Device
and Cosmetic Act.
His dismissal was requested
by the drug agent in charge
PAGE THftjfp