The Daily Banner, Greencastle, Putnam County, 18 April 1966 — Page 8

r

V April l« r 1966

THE U. S. SUPREME COURT poeea In Washington for tta flrat photo ainco Abo Fortaa replaced Arthur Goldberg; Standing, from left: Associate Justices Byron White, William J. Brennan Jr, Potter Stewart, Fortaa. Seated, from left: Tom C. Clark, Hugo L. Black. Chief Justice Earl Warren. William O. Douglas, John 1L

^Fomgn News Commentary

Bgr PHIL MWWBOM VPl Fsrelgn News Analyst Just two yearn ago; April 15, IMA •

preatOmat with n pragmm guaranteed to be unpopular with many e free ewlngiing BraaHiaa used to eight wiki but ruinous years under three preefaue presidents. Gastello Branco was a former army chief of etaff rated both as an Intellectual knowledgeable In economics and a reformer. IBs Job—to halt a plunge toward Coonuxunlsm and ravens Inflation spiralling upward at a rate of more than 140 per cent per year. The army which overthrew Caatelio Branco’e predecessor, the ineffective amt leftist-lean-ing Jdao Goulart, has a tradition of respect for civilian governments and democratic processes. One of its declared objectives in 1964 was restoration of Brazilian democracy. But in succeeding weeks and rwnmths of the new regime, its methods frequently seemed less ttan democratic. By mid-June, 1964, the army’s political purge had deprived 337 persons of office and political rights, including governors of six states and the three previous presidents mentioned earlier, Goulart, Juscelino Kutbitschek, under whom the wild spending spree started, and the unpredictable Janios Quadros who quit after seven months in office. Political parties were abolished by decree. The same decree took the election of a presidential successor to Gastello Branco out of the voters hats and placed K in the congress where the government could not lose. Freedom of speech was limited. The Gastello Branco government eliminated Communist leadership from the unions, and economically it was making undoubted gains. In the first year, it cut the rate of inflation just about in half and last year held it to 45 per cent. More improvement is expected this year. Foreign governments and investors slowly regained confidence in the future of Brazil. Private, foreign investment this year Is expected possibly to go as high as $800 million as opposed to around $3.5 million in the last year of Goulart. Among heavy investors will be such organizations as Ford, the Aluminum Company of America, Phillips Petroleum, Standard Oil Company of New Jersey and Union Carbide. The year 1965 showed a $590 million trade surplus. But among the unions, protected from the worst ravages of inflation by arbitrary pay increases and first to be hit by the government austerity program, there remained a smouldering suspicion that the government intended to deprive Chem of the Hee wings promised by Goulart. Now Industry, among the •arty strong supporters of Gastello Branco and his firmminded planning minister Robert Pampas, also is complaining. Sales, say industry spokesman, are 40 to 50 per cent below last year’s levels. Tight ■mney is making it hard to asset payrolls and pay income taxes. FoUttaUy, there are charges that the military intend to perthemaelves M a dic-

»thing only the

TUa to

future can show. Meantime the Gastello Branco regime conthuiea to accomplish an economic miracle.

BUSINESS HIGHLIGHTS WASHINGTON UPI —Both industrial output and personal income reached new highs in March. The Federal Reserve Index of Industrial Output rose to 152.9 per cent of the 195759 average from 151.4 in February and 140.7 a year earlier. Personal incoma soared to an adjusted annual rate of $561 billion, the Commerce Department reported, up $3.8 billion from the February level.

NEW YORK — Chile jumped its price for copper by a whopping 20 cents a pound to 62 cents. The move is expected to set off a big scramble for copper and to be followed by other copper-producing countries. The U. S. price still is 36 cents.

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NEW YORK — A 12,980,000 share day on tha New York Stock Exchange, the third largest In history, and the biggest trading day on the Amex since 1929 resulted only in prices dosing narrowly mixed. The Amex held Its first annual membership meeting and the governors told members they were deeply concerned about the feverish pace of recent tradtog.

^ Women's View

By GAY PAULEY UPI Women's Editor OLSO, Norway UPI — Norway claims one of the highest life expectancy rates of any country tat the world.

I 1

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BOSCH AGAIN — Former Dominican President Juan Bosch uncorks an oratorical flow in Santo Domingo after the Revolutionary Party nominated him to run for president in June 1 election.

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The director general of the idonal insurance institution arid tin reason, tat effect. Is, ‘we jnuflt be doing aomthing right" Ffam Alexander, the director general, talked of the working pattern of Norwegians com-pared-with the working schedule in the United States. It aeequ on the surface without medical studies to back up conclusions that longevity lies in the Scandinavians’ natural instinct for keeping physically fit. In 'Norway, today’s newborn

mala ehM can aspect on the average to live to 73, the female to 75, he said. ' "Facta about Norway,” published by Aftenpoaten here in Oslo, adds that Norwegians “of mom than 40 years of age have a higher life expectancy than any other nation." Sweden’s information service HnAms aa even longer rate at birth today—a life span at 75.3 years for Swedish men, of 78.1 for women. Denmark’s life expectancy, according to 1960 figures, was 70.4 years for men, 73.8 for women. Metropolitan Life Insurance statisticians in New York aaid for the United States the expectancy for men now is

66.8 years, for women, 73.7. To Alexander, keeping fit by the 3.7 million Norwegians comes naturally. “We lead an active, outdoor life,” he said. “We ski evenings and Sundays. It’s every day on the slopes for many of us.” Skiing is Norway’s national sport Skating runs a close second In a country with a naturally rugged terrain. Norwegians have taken any number of European and world titles in both sports. The country produced one of file all-time greats in figure skating, Sonja Henie. “I suppose also,” said Alexander, “that you’ve heard about our work habits.” Traditionally,

office hours are from 8:30 ft. into 3:30 p. m., with none of the three-hour lunch and cocktail sessions prevalent in the United States. If an office worker takes a food break, it’s only for 20 or 30 minutes and usually is a light snack brought from home. The main hot meal of the day ia around 4:30 p. m. The typical Norwegian follows the main meal with a half 1 hour to hour nap, Alexander said, before resuming the day’a activities. The day for factory workers usually begins at 7:00 a. m. and ends at 4:00 p. m., with a half hour break at mdd-moming or in the early afternoon.

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