The Daily Banner, Greencastle, Putnam County, 2 August 1967 — Page 12

Pag* 12

Tha Dally Bannar, Graancattla, Indiana

Wednesday, August 2, 1967

Book on Israel's victory to be published soon ■f“ t ' s ! il1 ', .. Wall Street Chatter

NEW YORK UPI—Israeli’e air war against Egypt is described by a leading military historian as “without doubt the greatest gamble with the largest payoff in the history of military aviation.” This assessment is made by Brig. Gen. S. L. A. Marshall (Ret.) in his forthcoming book on the six-day Israeli-Arab war. Entitled “Swift Sword—The Historical Record of Israeli’s Victory, June 1967,” the book will be published by American Heritage publishing company and United Press International on Aug. 14. Marshall says Israel’s gamble lay in the fact that the entire weight of her air force was hurled against Egypt in the opening hour of the war, with virtually nothing kept in reserve to defend Israel itself against Egypt’s partners. “Only 1* fighting aircraft were left at the Tel Aviv bases to defend Israel," he says. “None was put up as a screen

to the north or east and when at last that was deemed advisable, only eight took to the

air.”

Marshall says the “master- j mind” of this plan was Brig. I Gen. Mordecai Hod, 40, the air force commander. Hod, he says, inhertited from his predecessors an air force that "weight for weight was probably the most effective fighting machine anywhere” but that “Hod was the man with the bif idea.” Marshall says Hod’s strategy for gambling all on one massive air strike against Egypt was accepted only with considerable opposition. “His political superiors, and some of the generals, looked askance,” Marshall said. “The plan was too bold; should it fail, ruin could result” But it did not fail and Hod’s principal his calculation, Marshall said, was in being too conservative in estimating the prowess of his pilots or the reaction of the Egyptians.

Hod figured it would take the Egyptians “one hour to assess what had happened and a second hour to agree on what could be done about it.” “Instead of a lag of two hours," Marshall says, “the Egyptians gave him four. Long before that it was over.” So far as the Israeli pilots go, Marshall writes: “Hod learned that he had sorely underestimated the resources of his men and their machines. He had expected three to four sorties a day from teh average pilot; he got an average of seven, and some went as high as 10. “He figured the standard of gunnery established in peacetime training would drop during combat; instead, it rose. : He anticipated that the serviceability of aircraft would slip i steadily downward once fight- | ing started. To begin, it was 99 I per cent, and it held that way | through six days.

number two adn number three, he was hospitalized for a wound, then ducked back to duty without permission. But for the wasted time, he might have become Israeli’s first ace.”

Prayer.” People all

qver the United States were asked to pray for peace. Peace both here and abroad would be wonderful if it could be achieved but it will not be by prayer

NEW YORK UPI — Purcell, Graham & Co. says that we seem to be in the mid-stages of a bull market during which

“One young pilot shot down

For example, Marshall says, four enemy planes. In between

Warrant issued INDIANAPOLIS UPI — Federal authorities here Tuesday | issued a warrant for Robert E.' Fowler, 24, R. R. 3, Morgan-! town, in connection with the $200 holdup Monday of a branch bank at Vallonia. A man in his early 20s held up the Vallonia branch of the Citizens’ State Bank of Brownstown Monday afternoon and escaped with $200 in $1 bills. A Jackson County sheriff’s deputy later spotted the getaway car near Tampico and | chased it. The driver abandoned the car and fled into a cornfield where he managed to elude searching officers. A sawed-off j shotgun, believed to have been used in the holdup, was found ! in the abandoned car.

alone. Readers may recall a stocks are “unusually sensitive” story of how worms were de- news - W bile the investment stroying orchards and the or- ** rm sa - vs adverse news about chard men met and asked: | an income tax increase should “What shall we do?” One said: ! 1)6 com i n §f soon, it advises a “Let’s pray.” A very practical fullv invested position due to man said: “Let’s spray.” Do the basic strength of the market

vance of the stock market still has some strength left. The company notes that the market continues to display the rotational leadership vital to keep a well-defined uptrend in force.

market has a strong undertone It points out that where al other times the market saw i concentration of action in f small number of active issues today’s market is much broader, with many different types of stocks involved.

what killed the

indicators.

C. B. Richard, Ellisc & Co. says that on the whole, the

The nation’s motor vehicles chalked up 932 billion travelmiles in 1966, reports the National Automobile Club.

USS New Jersey to be reactivated WASHINGTON UPI — De-

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The President, Congress, the E - R Hutton & Co - Inc - sa >' s Justice Department and other that tec hn icall y, the current ad-

agencies should declare a day, a week, or whatever is needed to bring to the halls of justice all who are guilty of arson, looting, sniping and killing, be they white or black. These men who are shouting, “Do more

shooting and less looting” would fense secretary Robert S. Mchoot at prayer. It will take a Samara has decided to reacti- j strong medicine to heal what vate the ba ttieship USS New ! ails our big cities right now Jersey for duty off the coast of and it is time someone adminis- North Vietnam, Rep. Richard tered it and started with a big Schweiker( reported :

do ®f- Tuesday.

No one respects laws that are Schweiker said he had been not enforced. informed by the Penagon that There have been a lot of try-i ork would start almost im . I ing hours this weekend for Mr. . * „ TIT ^ ' mediately to take the big ship and Mrs. Harry Walton and out of mothballs Th „ work wlI1 their two marrted dau s ht e « take e a[ (he phlladel hla and families. The son and _ _ . , .. . . . .. _ . . Navy Yard, where the ship is

brother, Ted Walton, is a crew , . .. . t-. now birthed, member on the carrier For- ^ a a

Cost of demothballing the

restall that was hit by explosions and fire. The anxious parents are doing their best to be brave but it is nerve-wracking not to know if Ted is alive or a casualty. Mr. Walton has tried to look at the disaster in a philosophical way and said to kinsmen and friends Saturday that as long as no news came he would consider the silence as

battleship will run to approximtaely $25 million, Schweiker said. The Pentagon estimates that it will take about 10 months to get the ship ready for full time service. The Navy recently completed a study to determine the feasibility of returning the New

good news. CoatesviUe people Jersev to active dut y to utilize one and all are interested in its 16-inch guns on targets deep Ted and pray that he has es- in enem y territor y-

caped injury or death. Our popular physician, Dr. Martin Jacobs, left by plane a few days ago on a trip to Hawaii. Sunday afternoon callers at the Davidson home were Mr. and Mrs. Clifton Schmalz of Patricksburg. Several years ago they had two children, David and Carolyn in the classes of Mr. and Mrs. Davidson.

DEN OF THIEVES CHICAGO UPI—The executive director of the Illinois Crime Investigating Commission, Charles D. Siragusa, complained recently to the management of his swank downtown apartment building. He said that three of Chicago’s reputed crime syndicate figures had rented cabanas at the building’s swimming pool.

There are no battleships serving with the fleet at present.

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