Oklahoma City Times (Oklahoma City, Okla.), Vol. 79, No. 8, Ed. 3 Wednesday, February 28, 1968 Page: 3 of 13
This newspaper is part of the collection entitled: Vietnam Collection and was provided to The Gateway to Oklahoma History by the Oklahoma Historical Society.
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er. The nation with the poor-
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lars they hold can be re-
tions are being considered: find its money slipping in re-
be disastrous.
Solutions are being sought
and commerce grow?
—End the balance of pay-
United States in its attempts *
credits administered by a
multi-nation group called the to plug the gold drain.
of payments problem.
ters) — Jordan Tuesday de- which is a U. S. prerogative,
78970
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Final Transfer
©
Sale of Women's
SPORTSWEAR
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DAY!
SUIT BLOUSES SO
Washable Dacron* polyester. Reg. $6. "
Selected Group of
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One and Two Piece Dresses
Dacron blouses, Reg. $9.
V
A..’ 2,
*2
Brown’s Sportswear, 2nd H., Dowafewe
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Women’s Casual
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Leprechaun Stretch Boots
99
1
2
1/3
15" .
off
Reg.$6,$7,$8
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LINES
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One and Two Piece Orion
Knit Dresses for Spring
Orlon* Acrylic
Knit Tops at Only
Givenchy Created
Sheer. Seamless Hosiery
cance
This
more
effect, this would leave the
dollar as the yardstick for
measuring other currencies.
—Develop a system where
the relative values of curren-
cies fluctuated with each oth-
would of course benefit
France because it has accu-
mulated huge gold holdings,
more than $5 billion by re-
cent estimate. France’s
stand is clear for that reason
alone.
By John Cunniff
AP Business Analyst
—Simply tell other nations
that the United States is
Designed and delicately tinted in Paris, these stock-
ings come in plain knit demi-toe with nude heel or
reinforced heel and toe style and in run-resistant mi-
cro mesh with reinforced heel and toe. I % -I l.
Iff 1
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Britons Expelled
ADEN (Reuters) — South-
ern Yemen Defense Minister
All Salem al Beedh ordered
expulsion Tuesday of all 28
British experts serving in the
country’s armed forces.
Reg. $18,
$20, $23
2.59
lations to others.
—Substitute a new system
M2
100% Dacron* Polyesters in candy colors and
choice of styles. Wonderful Dacron resists wrinkles,
washes and dries quickly in your automatic. Sizes 8 to
18. Now for one day only buy dresses regularly $26
to $36 for low, low price!
1
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MISCELLANEOUS
Wearable table items. Values $3 to $10.
VISIT FROM THE CHIEF is made by President Nguy-
en Van Thieu, wearing visored cap, at a refugee camp
in Hue. Mortar and machine gun fire echoed nearby.
An official, wearing glasses, center, tried to keep the
crowd at a distance as old people stretch out their
arms toward the leaders. (AP Wirephoto)
*K
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SHIRT SELECTION
Wear now and all year. Reg. $4 to $8.
22”
V
juk
Reg.$3 ■
Adorable pixie boots with the soft leather look
women love. The secret of the innersole is com-
fortable, vibrant sponge! Black, white, green,
gold, rod. Sizes P.S.M,ML,L.
§
{
-
4 > 4 5
ON M.K.&0. TURNPIKE BUSES
O FASTEST SERVICE TO TULSA-
105 MINUTES NON-STOP.
• NEWEST, CLEANEST BUSES.
Leaves Union Bus Stations, 10:10 A 11:58 AM;
1:40, 2:45,4:30, 5:55 & 8:30 PM. SPECIFY M.K.&O.
The rationale of a gold foreign nations that any dol- serves for a growing world
trade. But additional solu- est payments record would
M28N2
Brown’s Budget Dresses, 2nd F., Downtewe
Capitol Hilt, Penn,Square
=---
For CHARTER BUSES
CALL CE 5-8131
I
Brews'* Town and Country, 2nd Fl., Downtewa
Capitol Hill, Penn Square
!
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Brown's It* Heer Hesiery, Dewute
Capitol Hill, Fees quere
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International Monetary
Fund.
Nevertheless, the idea of
increasing the price of gold
seems to bein vogue at the
moment. The reason seems
to be grounded in fears that
Lovely group includes waltz length gowns, robes and
baby doll or regular length pajqmas. Exquisite embroi-
dery trim, sheer nylon over-lay. Taste Is, 32.40.
Brown's Budget Lingerie, It* FL, Dewetowe
Cesitel Hill. Pemw Sauere
Washable. wearable 100% Orlon* acrylic bonded
to 100% Acele® acetate tricot, specially treated
to always hold its shape and complement yours!
Flattering pastels of yellow, orange, aqua, and
white promise you the flower-fresh look. Sizes 8-20,
12% -11 %. Come in and make selection, or shop
by phone or mail.
I
KNIT SUITS, DRESSES
Wonderful for spring. Values to $50.
You'll live in this nifty little top that needs mini-
mum care and gives maximum wear! So versatile,
so pretty in solid colors and stripes. Sizes S. M.L
Buy several for all your casual hours.
Brewed l«» Heer Neckweer, Downtow
Capftol Mill, Penw Squere,
1 - 1
price of gold $35 an ounce is
the keystone on which is
built the ratio of one curren-
cy to another. This permits
them to trade with each oth-
er. But it is based on a limit-
ed amount of gold.
This is the broad problem.
The immediate concern,
however, is the U. S. bal-
25
prs. •
100% Nylon Tricot
Sleepwear For Milady
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SKIRTS
Sizes 8-18, Reg. $12 to $18.
SWEATERS
Many styles, Reg. $10 to $20.
JACKETS
For skirts, pants. Reg. $ 18 to $35.
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73
problem of the U. S. balance
of payments deficit; they of-
fer little help in providing re-
Advertisement
Now Many Wear
FALSE TEETH
With Little Worry
Do your false teeth annoy and em-
barrass by sltpping. dropping. or wob-
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Then sprinkle a little FASTKRTH on
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Get FASTEETH at all drug counters.
here. Thus, dollars are put
into the hands of foreign gov-
ernments, and with these
they buy our gold.
France, more than any na-
tion, has followed this policy,
for France believes the U. S.
dollar is inflated, that it real-
ly isn’t worth what we say it
is. And so they take gold in-
stead.
If trends continue, the re-
maining $12 billion of U. S.
gold will be gone and the
United States no longer will
be able to back its pledge to
//
'1
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.39
Famous Brand
Luggage for Spring Travel
Samsonite "Horizon", American Tourister "Tri-Taper", and Atlan-
tic "Granitex" in jet-set colors and firecracker plaids. Beauty cases.
Ladies overnite cases, 24" pullmans, 26” pullmans. 21” compan-
ions, Two-suiters, 3-suiters. Not all colors in all sizes.
20 to 30% off
Brown’s Luggage, Ist Fl., Downtown
Capitol Hill, Penn Square
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E2k *
Me
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standard, that no longer will tions, gradually phasing out
gold be given for dollars. In gold and replacing it with time is running out on the
F,t
a
price increase goes deeper
is however. If the amount of deemed in gold. This could
BRIDES
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2208
...
inEEtingFt “nte how money in circulation among
nied reports it had agreed to
hold a meeting with Israel to
discuss a Middle East settle-
ment.
An official Jordanian
source said “these reports
are completely unfounded.”
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NASA Head Says
Russians Leading
WASHINGTON (AP) — U.
S. space administrator
James E. Webb, seeking
funds for his National Aero-
nautics and Space Adminis-
tration, told congress Tues-
day the Soviets “are ahead
and will remain ahead” in
development of large space-
launching vehicles.
y,t"
trading nations is restricted
by the amount of gold in the in the following, or in combi-
world, how can world trade nations of them:
country is spending mainly with the immediate
abroad than is drawn
France’s suggestion to the
United States that it raise
the price of gold, at first de-
nounced as meddlesome by
outraged Americans, is now
being considered openly and
seriously.
Not perhaps by the John-
son administration — judg-
ing at least by official state-
ments — but by banks, econ-
omists, magazines, financial
experts, stock market ana-
lysts. All are treating the
idea more logically than in
their first, strident reactions.
Pierre Rinfret, economic
consultant to American busi-
ness, is offering “modest
odds” that the price of gold
will be raised prior to 1970.
Dr. Paul Elinzig of the Com-
mercial and Fin an cl al
Chronicle is willing “to stake
my whole reputation” on a
price increase.
To raise the price of gold,
At present, the fact that ments deficit by encouraging
the United States pegs the foreigners to spend more
Fling into spring with sportswear from Brown's, your
sportswear headquarters. Save now during sale of gor-
ments transferred from all our stores to our Downtown
Store. All sales final, no phone or mail orders. Come
early! 0
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OKLAHOMA CITY TIMES Wed., Feb. 28, 1968 5
money here and cutting our
own spending abroad.
—End domestic inflation
so as to make American
goods more attractive to for-
eign buyers and thus im-
prove the balance of trade.
This might require a tax in-
crease and a cut in federal
spending.
These solutions deal
Higher Price for Gold Getting Second Look
Brown’s Apparel Dresses, 2nd F., Downtowe
* Capital Hill, Penn Square
Casual Dresses in assorted fabrics and styles.
Spring calls for new every day fashions, so dor t miss
this chance to buy several. Variously sized in Misses
Sizes 8-20, 12 % -22 % . Reg. $ 12 to $ 19.
990
4
going off the gold exchange of paying bills among na-
2990
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Jordan-Israeli
Meeting Denied
AMMAN, Jordan (Reu-
Brown’s Hosiery, Ist. Fl., Dowetowa
Cepitel Mill, Pene Square
4 V
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| RESERVED SEATS!
agmguvg8
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ANy
WeOive
Thursday Is
F
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1- I
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Reg. 1.15 pr. .•9
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Gaylord, E. K. Oklahoma City Times (Oklahoma City, Okla.), Vol. 79, No. 8, Ed. 3 Wednesday, February 28, 1968, newspaper, February 28, 1968; Oklahoma City, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc1984716/m1/3/?q=virtual+music+rare+book: accessed June 12, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.