Banner Graphic, Volume 5, Number 328, Greencastle, Putnam County, 28 March 1975 — Page 6

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THI PUTNAM COUNTY BANNER-GRAPHIC, MARCH 28/29/1975

Ford prods Israel 'flexibility'

By The Associated Press President Ford’s criticism of Israel coincides with word from Vice President Nelson A. Rockefeller that President Anwar Sadat and the new rulers of Saudi Arabia still look to the United States to mediate the Arab-Israeli deadlock. Ford said in an interview with the Hearst newspapers that if Israel “had been a bit more flexible” during Secretary of State Henry A. Kissin-

May investigate murder

WASHINGTON (AP) - The Senate Intelligence Committee may investigate allegations of CIA involvement in the assassination of President John F. Kennedy, an aide to Chairman Frank Church, D-Idaho, said Thursday night. “That is among many things they may be investigating,” said the aide, Bill Hall. “At this

Economy 'deterioratingless'

WASHINGTON (AP) - The latest indicator from the government shows that if the economy isn’t due to turn up within six months or so, it’s at least deteriorating less slowly. The indicator is a composite of a dozen economic factors combined into one index designed to anticipate the future. The Commerce Department said Thursday it climbed 1 per

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ger’s last Israeli-Egyptian shuttle, “in the long run it would have been the best insurance for peace.” The Hearst interviewers said the President told them he sees no prospect “for any other initiatives except to go to Geneva” for full scale negotiations between Israel and all its Arab adversaries. But the semiofficial Egyptian newspaper A 1 Ahram said today that there is a strong possibility Kissinger

point, they’re open to anything. They’re kind of examining the waterfront.” Hall poined out that one of the committee’s mandates is to “exonerate the agency of unjust allegations.” The committee was set up in the wake of allegations that the CIA had conducted illegal domestic surveillance operations.

cent in February after diving 12.8 per cent over the last six months. James L. Pate, top economist at the Commerce Department, cautioned it would be premature to conclude that the February advance necessarily means the economy has touched bottom or will do so soon. For one thing, some data unavailable in the initial report

will revive his personal peace efforts within the next month. Rockefeller talked with the Egyptian president and with Saudi Arabian King Khaled and Crown Prince Fahd in Riyadh after the burial of King Faisal. The vice president told newsmen who accompanied him from Washington that contrary to his expectations, he did not find a “deep sense of pessimism and disillusion because of the breakdown” last week in

Later, there were reports the CIA may have been involved in the assassinations of some foreign leaders. So far, Hall said, only a “very preliminary” staff inquiry into the allegations of CIA involvement in President Kennedy’s assassination is planned. “There has been a lot of at-

will have to be added sometime this month, raising the possibility the revised figure may show a decline. Pate, however, said the upturn “is consistent with other evidence that the economic decline is moderating.” The advance in the index of leading economic indicators coincides with the announcement that the nation’s trade balance improved and weekly retail sales spurted upward. The trade figures showed that U.S. oil imports dropped sharply in February, leaving a trade surplus of $917 million. In contrast, there was a $210.5 million deficit in January when oil importers apparently rushed to

Budget controversy could result in 'special session'

INDIANAPOLIS (AP) - “All the symptoms that make for a special session” of the 1975 In-

Kissinger’s mediation between Israel and Egypt. “All of them, I think, felt a sense of urgency that this is an auspicious time” to make progress toward peace “if only the United States preserves the position of leadership” in acting as mediator, Rockefeller said. A 1 Ahram indicated that Egypt expects Kissinger to exert that leadership by putting pressure on Israel to make the concessions it would not make

tention in the press across the country about these allegations,” Hall said. “The old reaction to the Warren Commission is still hanging on.” The Warren Commission, which investigated the assassination, said that Lee Harvey Oswald, acting alone, was Kennedy’s assassin. But recent allegations and

beat a tariff imposed Feb. 1. But again Commerce Department officials were cautious. “Oil imports in future months will probably be above the February figure,” said Acting Secretary John K. Tabor. He said total U.S. exports far above current volume will be needed to hold the expected deficit for the full year to modest proportions. At the same time, the increase in weekly retail sales to 7 per cent over a year ago reversed the previous week’s decline. The index of leading economic indicators, although designed to measure economic trends in advance, is distorted by an in-

diana General Assembly remain, Senate President pro tern Phillip E. Gutman says.

in the last round of negotiations. The paper’s chairman, Ihsan Abdul Kodous, stressed Egyptian belief that the United States can still exert strong influence on Israel. He said Kissinger will make a new peace bid before the mandates of the U.N. peacekeeping forces expire on April 26 in the Sinai Desert and at the end of May on the Golan Heights.

disclosures concerning the ClA’s domestic activities have prompted a resurgence of charges that Kennedy was the victim of a conspiracy which in some way involved the CIA. A group headed by comedian Dick Gregory has asserted that E. Howard Hunt Jr. was picked up by the Dallas police near the scene of the 1963 assassination shortly after the shooting.

flationary climate. For example, it kept going up even as the nation was entering the current recession. But figures maintained independently by the Federal Reserve Bank of Boston indicated that even adjusting for the February advance for inflation, there was still a six-tenths of 1 per cent rise in the index. The deflated Boston Fed index has been moving downward steadily since March 1973, over a year before the Commerce Department index started its sustained drop. In past recessions the index has anticipated recoveries by as long as six months.

“I have seen nothing to change my mind,” the Fort Wayne Republican said Thursday night after the Senate passed its version of the state budget—one vastly different than came from the Democrat-ic-controlled House and one that even GOP Gov. Otis R. Bowen has said is unacceptable. With Republicans missing two members who left early for a five-day Easter recess, the Senate worked late into the night adopting amendments that added nearly $lO million to two of the three bills constituting a $6 billion two-year spending program. Senate Finance Committee Chairman Lawrence M. Borst, R-In-dianapolis, who voted against the major bill for state government operating expenses, said that would leave only about a S3O million state surplus at the end of the next biennium—less than half the SBO million Bowen still was demanding. Many of the changes made earlier by Borst’s committee were Bowen administration requests. “Somewhere, the governor is going to have to identify the areas he thinks can be deleted,” Gutman said. “He is going to have to set some priorities.” Bowen, up for re-election next year, has used little influence on the legislature so far—preferring to stay in the background rather than be trapped into a trade-off situation with House Democrats. Gutman said even before differences between the House and Senate versions can be considered, House-Senate conferees to be appointed next week must agree on a reasonable state revenue forecast and figure the exact size of the two programs. More than half the Senate floor changes, including $5 million more for the New Castle, Beatty Memorial, Muscatatuck and Northern Indiana state mental hospitals, were pushed through by Democrats with slight help from Republicans in those areas. Four other costly amendments, offered by Democrats, were thwarted by tiebreaking votes by Republican Lt. Gov. Robert D. Orr.

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