The Daily Banner, Greencastle, Putnam County, 31 March 1967 — Page 5

Morton Order of Eastern Star held their installation ceremony for new officers for the coming year, recently. Front row, left to right: Diana Whitlock, Jane Whitlock, Lida May Oliver, Raymond Whitlock, Dorothy Allgood, Marion

Griffin, Karen Graffin, Shirley Wagner, Iva Heizer. Back row, left to right: Max Giltg, Betty Giltz, Dorothy Sadler, Estelle Phipps, June Harbison, Shirley Brattain, Roe Dowen, Maude Bartlett. Banner Photo—Frank Puckett, Jr.

Wall Street Chatter

NEW YORK UPI— Robert T. Allen of Shearson, Hamill 4k Co. aaya the stock market has continued its pattern of only listening to news it wants to hear and for the most part ignoring any gloomy business news. The analyst feels the pattern is a sign of a powerful market He said, however, there is still some question of where the fuel for sustaining a further advance will come from since the administration probably will await some results at its steps to bolster the economy before taking any new ones.

Th« Daily Banner. Greeneaetle. Indiana Friday, March 31, 1967

Yet Loan Deadline July 25

National Window Opinion

By LYLE WILSON There is some evidence that the Supreme Court is becoming aware of a considerable public dissatisfaction with the trend of rulings during recent years. It would be more precise to report that there is some but not much evidence of this awareness. Chief Justice Warren and his activist court majority are being jostled by the facts of life as they exist in the United States in the second half of the 20th century. One of these facts of modem life is the crime explosion in this country. The Justice Department reported this month that serious crime increased by 11 per cent in 1066 over 1965. This shocking crime wave is not peculiar to the great ghetto-rlddon cities. Crime was up 14 per cent in towns of fewer than 10,000 inhabitants. Crime was up 13 per cent in the suburbs. A shocking increase in serious crime is the trend year after year after year. This alarming trend has a background of vigorous Supreme Court action to protect the rights of the individual criminal. Many citizens resent what appears to them to be the court’s inattention to the rights, collectively, of the millions of the law abiding persons among whom the protected hoodlum finds victims. In a decision last week, the court shifted its anxiety and

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emphasis from the hoodlums to the public at large. In upholding an Illinois narcotics conviction, the court ruled that the police may act on secret tips without revealing the source of their information; that the police may search the accused without a warrant and that evidence so obtained may be admitted in court. This is a switch from the trend of previous ruling which had handicapped police in acting on reports from underworld agents deemed to be reliable sources of information. This ruling came at a time of Senate subcommittee hearings looking toward congressional action to assert the right of the public to protection against criminals, regardless of the court. Witnesses firmly testified to their belief that Supreme Court rulings handicapping the police were a major cause of the grim crime record in the United States. Unhappy citizens are pressing their congressmen to check the court. Congress un-

questionably will be compelled to act unless the court restrains itself, as it seemed to be doing last week in the case of the Illinois dope peddler. There is a rising public resentment against the court’s arbitrary ruling requiring both Houses of state legislatures to be apportioned precisely on the basis of population. The court cannot reverse itself on this one. But 32 of the required 34 states have petitioned Congress to summon a constitutional convention to propose an amendment reversing the court. Proposals by such a convention would require ratification by three quarters of the states. Perhaps that could not be achieved. But the mere faet of the petitions to Congress is absolute evidence of a resentment against the court running wide and deep among the citizens. Congressional liberals who applauded the court’s apportionment rule are uneasy. Sen. William Proxmire, D-Wis., is seeking to sweep the whole question under the rug. He

The Lighter Side

WASHINGTON UPI — Although Great Britain is no longer a colonial power, she still manages by one means or an0 t h e r to extract goodly sums from some of her former colonies. Especially the United States. 1 have a theory that each time Britain is faced with a financial crisis, the Chancellor of the Exchequer calls on emergency meeting of the committee on ex-colonial nincompoopery. The minutes of the first meeting a few years ago probably went something like this: The chairman raps his gavel and says, “All right, gentlemen. It’s hard cheese time again. Does anyone have any ideas on how we can get out of this one?” Has A Thought The committeeman from Liverpool rises and says, ‘Tm just thinking off the top of my head now, but here’s something that might work:” “We got four of our young chaps and have them grow long hair. Then we hand them guitars and send them to America on a concert tour. “It doesn’t matter whether they can play or not. The long hair is what will pack them in, “As an added attraction we’ll give the group some revolting

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names. .The Cockroaches,* perhaps. Or maybe "The Beatles.’ They should bring back millions.” A couple of years later, sterling is again in trouble and the committee holds another emergency meeting. This time a member from London proposes a solution. Another Thought “Gentlemen, if we can tap the American fashion market, it will see us over the hump. So here is what we do. We have our designers take some of those ghastly dresses that haven’t been selling and cut them off about six inches above the knee. “We call the things 'miniskirts’ and sell them to the Americans to be worn with knee - length boots and crash helmets. The money will roll in faster than we can count it” During Britain’s most recent crisis, it is again the London committeeman who saves the day. “All we have to do, gentlemen, is go into one of the Cockney districts and pick out a teen-age girl who Is flat-chest-ed, bird-legged and looks undernourished. “Then we tell the Americans that this girl is the world’s most sought after fashion model. She can go to the United States and clean up. It will help to give her an outlandish name. I recommend calling her either ’the Splinter’ or ’Twiggy.” It is this point I’m sure you join me in wishing Britias a long period of prosperity.

Leftover Shells Create Problem BARTLESVILLE, Okla. UPI — Concealed land mines left from the great battles of 194243 in Eygpt’s western desert are adding to the problems of oil exploration crews, says a report to Phillips Petroleum Company here. Clearance teams of shout 50 British and Egyptian Bedouin veterans of the El Alamein campaign are attached to each seismograph crew to locate and explode land mines burled during World War n. In addition to uncovering mines, crews with live bombs and other munitions, preserved in the dry desert climate.

are

argues that the petitions invalid. A year ago former Sen. Paul H. Douglas, D-Ill., was arguing that the Congress could and should ignore the absolute constitutional injunction that a constitutional convention must be called when two thirds of the states petition Congress for such action. Such performances as these are what lead stumbling politicians into a constitu-

tional crisis.

JAPAN NOW THIRD IN AUTO OUTPUT TOKYO UPI—Japan’s auto production during 1966 totaled 2,286,585 units, an increase of 21.9 per cent over 1965, making Japan the world’s third largest producer of motor vehicles, next to the United States and West Germany, reports the Fuji Bank, Ltd. Passenger cars accounted for 83.4 per cent of the total 1966 production, a 26.1 per cent increase over 1965. Truck production rose by 19.6 per cent and buses by 7.9 per cent.

Bache & Co. says as long as the market is able to take periodic setbacks in stride, and it says the news background would indicate periods of weakness, the administration’s efforts to bolster the economy should be very useful. The company says a near term target of the 890-900 area of the Dow Jones Industrial Average seems within reason.

Less than five months remain for veterans of World War II to use their guarantee privileges for a loan to purchase a home, farm or for business purposes. This warning came from J. C. Robinson, Manager of the Indianapolis Regional Office of the Veterans Administration. Present statutes provide that the absolute cutoff date for World War II veterans will be on July 35. 1967. This deadline is the result of Congressional action which has delayed the final date of eligibility several times. The cutoff will not affect veterans of the Korean Conflict or veterans who have served since January 31, 1955, Mr. Robinson pointed out. as these veterans are covered by different legislation. Almost 129.000 loans have been guaranteed by the Veterans Administration to veterans in Indiana sinee the begininng of the program following World War H. The Veterans Administration will guarantee up to 60 per cent

of the purchase price of a home for a veteran with limitation as to the total purchase price. Mr. Robinson urged veterans planning to purchase a home to make their selection as soon as possible, avoiding the last minute rush for certification.

FRK, SAT., SUN. Feature 7;M-e:3f " lot. Sun. 3:90—7:30—9:11

Next Week "DEAR JOHN*

Kenneth Ward of Hayden, Stone Inc. says certain common stocks seem to have reached or are near the highest levels that can be projected for them on a near term basis. The analyst feels there are still enough attractive opportunities to attract investors’ attention but warns against placing too much confidence in stocks that have been carrying the main burden of the recovery.

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