Oklahoma City Times (Oklahoma City, Okla.), Vol. 81, No. 244, Ed. 1 Tuesday, December 1, 1970 Page: 1 of 24
This newspaper is part of the collection entitled: The Oklahoma City Times and was provided to The Gateway to Oklahoma History by the Oklahoma Historical Society.
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Lht on Page 16
TEN CENTS
Two Escape Injury in Oregon
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Inflation Alert Sharper •
X.
Administration Brands
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GM’s Pact Inflationary
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FHA, VA Ceiling Lowered
and
(See BOGUS—Page 2)
Oil Slick
I
Bridgework
Blowout Hurls
City Prospect
Men Into Gulf
For Cable TV
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(See TV—Page 2)
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What’s Inside
VOL. LXXXI, NO 244
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47
o
44
44
44
45
41
St
54
u •
1
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16
IB-23
17
6
15
Romney urged local
lenders to charge lower
angle
traffic
• Ry Jim Young
A key legislative leader
in congressional redistrict-
ing said today he sees no
reason to delay Iheyob un-
til 1972 as has been sug-
gested.
Sen. Sryce Baggett, D-
Amusementx
Astrology
Bridge
Business News
Classified Section
Comics
National Affairs
• Obituaries
Evening-Morning Daily
Paid Circulation
A
u
k rl
Local: Fair and mild
through Wednesday. Over-
night low 43; high Wednes-
day around 74. (Details,
Page 12.)
HOURLY TEMPERATURE
IM p.m. 47 5:M ».m.
1.00 ».m. 47 4 00 o.m.
5:00 p.m. 44 7:00 P.m.
10:00 P.m. 44 0:00 P.m.
11:00 P.m. 44 *.00 p.m.
11:00 M 45 10:00 P.m.
1:00 P.m. 41 11:00 P.m.
1:00 P.m. 59 17:00 Noon
4:00 P.m.
1 *
‘Why Unit?" Inquires Key Lawmaker
partment to insure '12,000
more mortgage and rent
subsidy housing units than
Fred Thompson, city
street maintenance boss
had a look at this and had
workmen hustle some re-—
fleet or signs out there the
very day we called. They
sparkle both a short dis-
tance ahead of the bridge
and then on the old span it-
self. so motorists can get a
that the blast was not as
severe as the explosion
WASHINGTON (AP) —
The Federal Hpusing Ad-
ministration and the Vet-
erans Administration an-
nounced today a reduction
in the ceiling on govern-
ment-insured home mort-
gages from 8’A per cent to
8 per cent.
“The sharp decline that
has already taken place in
other Interest rates and
the general outlook for
rates finally makes possi-
ble a lower FHA mortgage
ceiling without causing ei-
ther an undue rise in mort-
gage discounts or undue
F
F
■
tnend estimate of gains in
national productivity," the
council said.
"It aljo raises costs fur-
ther in an industry where
producers overseas are ac-
counting for a substantial
and growing share of the
domestic market.”
The council reserved an
opinion on the railroad
wage package as a whole
but zeroed in on a so-
called cost-of-living escala-
tor clause under consider-
ation.
"If an assumption about
Oklahoma City, said he
thinks 'the 1971 legislature
should undertake the job
immediately.
Oklahoma received good
news Monday when it was
announced in Washington
that Oklahoma will retain
■ _ St S
ENTIRE CONTENTS COPYRIGHTED 1970 OKLAHOMA PUBLISHING CO i.O N BROADWAY
24 Pages—Ok ahoma City. Tuesday, December 1. 1970
and a secretary were in
the building. But the uni-
versity said later tlpt-this which caused $75,000 dam-
was an erroneous report
by one of the telephone op-
erators.
Police said they had no
immediate indication of
who was responsible for. politan population of
the bombing.
Immediate damage esti-
mates were not made but ________ __
observers said it appeared past three years, including
~3
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W10 J
■■■I
I
Reflectors in place.
one night in 1969 when five
dynamite explosions
caused minimal damage to
‘church, business and gov-
ernment buildings in the
city.
Most costly of the fires
caused $250,000 damage to
the university's physical
education building earlier
130,000, has been hit hy wlhis year. There was a Re-
several explosions and ar-
son-caused fires in the
out of the water, officials
said.
The Coast Guard said
Shell platform 26 "had a
bad blowout" and was
burning out of control. He
said other details were not A/l an rn. R’
immediately available. ' I' IH I n 1
Coast Guard helicopters
were en route, he said.
He said a boat owned by
Chevron Oil Co. was at the
scene. ____________________
It will apply to all home ceiling will allow his de-
mortgage guarantees in
lhe future but not to the
$68 billion in FHA mort-
gages already outstanding, .originally planned for the
current fiscal year that
ends June 30.
disruption in the flow of
funds available to FHA
mortgages." said Secre-
tary George Romney, of
the Department of Housing
and Urban Development.
The 8>2 per cent ceiling
has been in effect since
last Jan. 5. The lower
rates takes effect immedi-
ately, Romney said.
Me
abh. *
By Mary Jo Nelson
Several companies and
the Federal Communica-
11 o n s Commission have
made overtures about es-
tablishing cable television
in Oklahoma City. City ' industry and a highly tech-
Manager Robert Oldland
said today.
Oldland appointed four
city council members to a
“special committee tn study
proposals and come up
with guidelines for a possi-
blejcontract.
Oldland told the council
that a number of cities
throughout the country
JJ have contracted for cable
« television and derive some
4* revenue from the medium,
w The largest in the south-
“ western United States is
San Diego, which receives
The presidential board
has recommended wage
increases in the railroad
industry averaging 11 per
cent a year over three-
years. The board did not
specifically recommend a •
cost-of-living escalator
clause but did note that in-
cluding one would yield a
wage increase in excess of
nine per cent annually.
Turning to price increas-
es, the council noted that
General Motors announced
(See WHITE—Page 2)
serve Officers Training
Corps storage area in that
building.
Education are located.
on all • three
floors of Johnson Hall
were shattered. Two near-
by buildings also had win-
dows broken byjhe blast.
It was reported shortly
after the explosion that
Miles Romney, vice chan-
cellor of the state system,
j
4 per cent of the gr^ss in-
come from the system op-
erating there.
The city manager said
cable television is a new
A Phone Call Away
By Jim Jackson
‘Tis the season for the hanginggpf
the green. And it’s not all cedar, flr
and mistletoe. Some of it is counter-
feit money.
Merchants, banks and the Secret
Service are on pre-Christmas alert
for the oOunterfeit passers. As regu-
lar as shnta Claus, the counterfeiters
make their appearance with start of
Christmas shopping.
So far. only a few fake $20 bills
have been discovered in the city
area. But worse is yet to come, the
experts are sure.
"I just hope we keep the hundreds
hidden away this year." said David
Reinhart, assistat cashier at First
National Bank and Trust Co. "Two
^years ago we went nuts with counter-
feit $100 bills. Christmas is a good
time for them to get away with the
, big ones.
NEW ORLEANS (AP)*—
An offshore oil rig blew
out and caught fire today,
knocking 10 to 12 workmen
into the. Gulf of Mexico,
the Coast Guard reported.
A report from a ship at
the scene, some 60 miles
soMh of New Orleans just
oft South Timbalier Island,
said rescue attempts were
Lunder way to get the men
‘ Boh Brixey, chief teller, gets particularly cautious about big bills at Fideli-
ty National Rank this time of year. (Times >taff Photo by George Tapscott)
Phony Money Easily Delect pd
The Truth Is Just
rates than the national
ceiling wherever possible.
Hp referred to the reduc-
tion as a "significant con-
tribution towards estab-
lishing the revival of hous-
ing activity that has been
underway since last sum-
mer.”
Romney said the lower
inflation that represents no
improvement is explicitly
embedded into a contract
for future years, we there-
by guarantee that these
costs and prices will con-
tinue rising at an un-
changed rate." the council
said.
It said that "freezing
into the contract such an
assumption about future
inflation would saddle the
industry for the larger
cause of achieving a new'
stability for the price-cost
level.”
Sparkling
Need help’ Write Action line, OTjAi/IJIf/Il
Oklahoma City Times. P O Roc
25125. Oklahoma City 73l« of
telephone 2323311 between 10
a m and * p.m. weekdays and ask UI11U
foe "Action Line."
, ' -‘‘I
I
age to a faculty office
building three blocks away
on Oct. 2.
Eugene. Oregon’s second
largest city with a metro-
l r ’ $
kJ. S
Bk/
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■■
V ■ .*5
matter in connection w'ith
legislative reapporiion-
ment.”
Baggett said he felt that
both jobs could be accom-
plished at the same time.
"Once you got your minds
on figures you might as
well go ahead and do the
homa, to become a trading (See'BAGGETT—Page 2)
prices for its 1971 passen-
ger cars — the second in-
crease announced hy
Chrysler this year.
Applied to many nf
Chrysler's cars, lhe in-
crease takes effect
Wednesday.
The hike, half of one per
cent, brought the average
increase of Chrysler cars
for 1971 to $119, or 4.2 per
cent, Chrysler reported.
(See CHK5 SLER-Page 2)
DETROIT (AP) —
Chrysler Corp, today an-
nounced an average in-
crease of $15 in its manu-
facturcr's suggested retail
Baggett Ready to Tackle Redistricting Slinking
districting be delayed until
1972.
He said the delay would
avoid "undue bloodshed”
in the legislature.
Sm i't h also said, "I
wouldn’t want congression-
al redistricting, which is
so important to all of Okla-
The old, one-lane bridge on Morgan Road is a hazard.
, It has no lights or reflectors and is impossible tn see on
a dark night. The bridge •
being set at an
makes oncoming
extremely difficult to see,
and since Morgan Road
was paved about a year
ago, the bridge has gotten
a lot of traffic. Mrs. P. L.,
Mustang.
Bomb Rips 3 Campus Buildings
EUGENE, Ore. (AP) — where the offices of the
An explosion damaged one university president and
office and blew out win- the State System of Higher'
dows today in three Uni-
versity of Oregon build- •. Windows
Ings. Two telephone opera-
tors inside one of the build-
ings escaped injury, police
said.
Investigating officers
said that a bomb went off
outside a ground-level win-
dow of Johnson Hall,
» ti
II
Que World Today 8
SpoRPR" 1$. 14
TV Tidbits 15
.'i'al St ti H-s 18
Women’s News 4, 5
»*’ 2:r>-«722
2JW-3311
To Keys
TALLAHASSEE. F 1 a.
(AP) — A windblown 75-
mile long oil slick was re-
ported today near the
Florida Keys.
The slick was apparently
caused by a southbound
Italian freighter "blowing
its tanks" and was threat-
ening an underwater state
nark, a state official re-'
ported.
Randolph Hodges, exec-
utive director of the state
Department of Natural Re-
sources, said the spill was
a half mile in width and
stretched from Key Largo
to Marathon.
Key Largo is the loca-
tion of the underwater
John Pennokamp Coral
Roof State Park, said by
state officials to be the
only living coral roof for-
mart ion in continental
North America.
The slick ranged from
one to five miles off-
shore in thp Straits of
Florida and was being better idea of lhe dog-leg
driven landward by easter- approach.
ly winds of eight to nine , v
an hour. Hodges We would like to find out why our water bill is m
Its six congressmen rather
than lose one’ as had been
originally predicted.
* Baggett said today, "I
don’t see any particular,
reason for delay since
there are advantages so
constituents dnd incum-
bent congressmen can see
their present and future
relationship.”
"I’d just as soon go
ahead and get the job
done," Baggett said.
"We have enough unfin-
ished business that we
don’t need to procrastin-
ate," Baggett said.
Earlier, when it ap-
peared that Oklahoma
would lose a congressman
Finis Smith, president
pro-temporc, suggested
that the congressional re-
Pat Steele, special agent in charge
ol the Oklahoma City office of the Se-
cret Service, said there's more than
the seasonal pinch for cash involved
in Christmas countefeit passing.
"A lot of them feel that right now'
is the best time to pass it. There's an
increased volume of sales, stores are
busy and they won’t take time to ex-
amine the currency," said Steele.
"Plus, the stores all.have temporary,
Inexperienced help.”
Steele offers a telephone indentifi-
cation service to merchants and
clerks in the phony money fight.
"Even with a description on the
phone, we can be 99 per cent sure
whether a bill is counterfeit,” he
said.
The phone service is available by
just calling the Secret Service num-
BL-
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WASHINGTON (AP) — Jawboning is generally
The White House, resort- . taken to mean strong pub-
lic criticism of large price
and wage increases.
The council said that lhe
General Motors settle-
on e n t, "if generalized
throughout the economy,
would crowd further up-
ward costs per unit of out-
put. and. therefore, the
price level."
"Apart from further in-
creases through the cost of
living escalator for the
years ahead, the increase
substantially exceeds any
nical engineering achieve-
ment. He said it offers the
viewing public a far great-
er range of programming
than that available from
standard commercial
channels.
He suggested the 4-mem- hiKb u wO thi» month, highest it has ever been
ber council committee ap- eve|J jn |,0( summer when we were watering every
pointed today study Program Starts day- w® h»ve to movr °nt of th,> rH>' ’1 ,hr water
materials and that availa- OTTAWA (AP) _ The hill runs this high all the time. D. W.
ble from a number of rf>m- ,ine
pan es ‘that have ap- ( ana<’,an government is . Don’t leave usl Nate Ross, city finance director,
nroachcd citv officials. starting a new income SA- vnur water consumption for the whole
"Ithinkitwouldbewell P"*1™ «n past vear, and the meter was re-checked Nov. 13.
additional yl billion by
1973-74. , (See ACTION- LINE— Page 2)
Chrysler
Mortgage Rates Cut Cps Prices
' nv'roAT’r i api _
ing to a new policy it ear-
lier rejected, criticized
today the wage settlement
in the General Motors
strike and a presidential
board’s recommendation
tQ increase wages in the
railroad industry.
In its second inflation
alert, President Nixon’s
Council of Economic Ad-
visers also focused atten-
tion on price increases by
the automobile industry,
the oil industry, transpor-
tation industry and the
two-price system of the
copper industry.
The White House thus
moved into fostering an
"incomes policy,” a
phrase covering preside.n-
tial pressure to hold down
inflationary wage and
price boosts..
Paul W’ McCracken,
I chairman of lhe council,
noted that the new infla-
tion alert is "a little sharp-
er, a little firmer, a little
more pointed than the last
one.”
When asked at a White
I House briefing, whether it
could be called a form of
jawboning, he replied:
"I have never been par-
I ticularly allergic to jaw-
boning, if by that one
| means to make clear those
elements In the economy
I that have relevant^ to
I public policy." •
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Gaylord, E. K. Oklahoma City Times (Oklahoma City, Okla.), Vol. 81, No. 244, Ed. 1 Tuesday, December 1, 1970, newspaper, December 1, 1970; Oklahoma City, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc1785877/m1/1/?q=j+w+gardner: accessed July 4, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.