Newspaper Page Text
Wednesday, Nov. 27, 1968 Griffin Daily News
New Look Needed
At World Money
By PHIL NEWSOM
UPI Foreign News Analyst
In London, a woman school
teacher hurled a paper weight
through the window of No. 10
Downing Street, official res
idence of Prime Minister
Harold Wilson, in her anger and
frustration over new austerity
DRY CLEANING & PRESSING
Pants, Skirts or Sweaters, Mixed or
matched. 50c each, 6 days week, every
week. Pleats extra.
SUNSHINE LAUNDRIES
504 West Taylor Street
'TsALES & SERVICE
L — PHONE 228-8655
.••■ — - e
' This Christmas why not give the Best!
I COLOR
~~ TV MR I
. QUALITY ■ “ I?
/ XX
r 1
♦ V-. . "* • . .i.. .
full featured, handcrafted
all
BIG 23 DIAG. SCREEN
1969 HANDCRAFTED
COLOR TV
EiSM|l "ow"f VV “
ll<' 181
MB K ■ " 'S Ssql
Mil if ri - M-W
Hi rfl
I YOLJR CALL
PURCHASE 228-8655
rr i wsom« s .t.muh s »»w I Os any Zenith Color TV And let our staff of train-
I Comemponiy sM«i compact console In * lis backed by Griffin! I color TV salesmen I
f grained Walnut color. Super Video Range V
FJ Tuning System. Sunshine® Color Picture Tube. Sales & Sprvirp's Store assist VOU
Advanced Zenith Color Demodulator Circuitry. 00165 V OCTVICe 5 3TOT6 QSSIST yOU.
Built as only Zenith would build it! , — . . — ..
owned and operated ser- • Gene McConnell
I new zenith two-year wariuntT^ I vice dept. It's just th c • Whitey Thacker
ON COIOR TV PICTURE TUBE! $
Zenith Radio Corporation warrants the color picture tube in | kecF caorvir-aal A Dliccoll RllffiPlflf'nn
the Zenith Color TV receivers shown here to be tree from | D6SI SCrVICS J V IVUSSCII DUTTingTUn
defects in material arising from normal usage for two years |
trom date original consumer Warranty covers
repair ol color picture tube, or replacement with rebuilt |
color picture tube, through any authorized Zenith dealer |
anywhere owner may live or move: transportation, labor and I
service charges are the obligation of the owner. Zenith | INSTANT DELIVFRY _ INSTALLATION
replacement tube is also warranted for the full unexpired | ■ I I wfelalYulXl IPI I ■■ VM
term of the original two-year warranty.
1 "BUY TODAY AND WE WILL INSTALL TODAY-
I »■>» B«l Year Yet Best
7 PHONE 228-8655
measures announced by Britain.
She did It, she said, “because
of the children and old people
whose Christmases will suffer.”
It was a gesture that millions
in Europe, and perhaps in the
long run the United States as
well, could understand.
The new financial crisis
8
confronting the international
monetary system was the
immediate outgrowth of a new
run against the French franc
' with repercussions against the
' British pound.
New Taxes
Tn Britain, where a flight to
j gold from the British pound had
forced a 14.3 per cent devalua-
Commentary
■' — . •
' tion in November, 1967, the
answer was more austerity—-a
10 per cent increase in sales
taxes, tightened bank credits
and new taxes on beer,
i cigarettes, whisky and gasoline.
That in the current crisis
! France also would be forced to
devaluate had become an
| accepted fact. A respected
! French newspaper declared
| devaluation would be by 9.785
per cent.
When President Charles de
Gaulle crossed up some of his
own ministers, refused to
devalue, and imposed new
austerity on his own people, the
I wonder was, why?
' Some laid it to pride, some to
De Gaulle's known anglophobia
and a refusal to follow the path
the British had been forced to
take, and others to the fact it
was Bonn, and not Paris, that
first had declared the French
would be forced to devalue the
currency.
Others applauded, since a
deep cut in the value of the
franc and therefore a competi
tive advantage to French
products on the world markets,
could have forced others to
follow suit, notably Belgium,
Italy and eventually Britain.
New Pressures
Subsequent events could bring
new pressures on the dollar and
within the United States new
demands for protection of U.S.
industry against the cheapened
currency of Europe.
The vicious circle eventual!}'
could bring on world depression.
De Gaulle appeared to have
two objectives, to force Germa
ny to revalue the mark which
the United States agreed was
under-valued at current prices,
and to force another world
conference on current reform.
In recurring crises, the'
United States twice since early
1961 had been forced to declare
Its determination to stand on
the official price of gold at $35
I an ounce and to stand off drives
: on the dollar.
It was learned in the 1930’s
that the gold standard could
limit inflation but slowed
recovery from depression. The
Bretton Woods agreement of
1944 established the Internation
al Monetary Fund and helped
world trade to expand to more
than SIOO billion. Now, it seems,
a new look is needed, sooner
rather than later.
TRY, TRY’ AGAIN
REDBOURNE, England
(UPD—Housewife Betty Vicke
ry, 34, failed her driver’s test
Tuesday but she says she’ll try
again.
Examiner Alan Rushton said
she followed incorrect proce
dure, was poor at maneuvering
and did not look around before
moving her bulky vehicle.
Mrs. Vickery took the test
atop the steamroller her hus
band gave her two years ago as i
a birthday present.
Ethel Kennedy In
Seclusion Awaiting
Birth Os Her Baby
By MARGARET A. KILGORE
WASHINGTON (UPD—Mrs.
Robert F. Kennedy, sustained
by her religion and her 10
children in the months since her
husband was slain, is In
seclusion awaiting the birth of
their 11th child—possibly this
weekend.
It has been a difficult
! pregnancy for the 40-year-old
widow, and she has spent much
iof her time in bed in recent
i weeks. She had one false alarm
' Oct. 19 and was admitted to
i Georgetown University Hospital,
I then returned to her sprawling ■
Hickory Hill Estate in suburban |
McLean. Va., the next day.
The baby she is expecting
around Thanksgiving will be
delivered bj’ Caesarian section,
the fifth such operation for the I
athletic, vivacious Ethel who [
has referred to herself in
conversation as “good old!
moms.”
Few women have more than
three such operations.
The baby will be delivered by
Dr. John W. Walsh, professor of
gynecology and obstetrics at'
SMOKED OUT
NASHVILLE, Tenn. <UPD—A
young bandit got through the [
robbery but the getaway got
him.
Police said the gunman held
up a branch of the Commerce i
Union Bank Tuesday and
escaped with a bag of loot. But
police found the getaway car
and the stolen money 20
minutes later south of town.
A bank cashier said he put a
smoke bomb in the bag with the
money.
WOOLWORTH'S
4s Vjif 11 ■J~*~>TT v 1 1 1 i
fr-J
b a ■
-
•'jF^****i^~-*— _ zi “ls‘-—~w ii >n \
i i* u MfeftM. J=~3 RwSSHfcsfcMil
A “JSH'/ < r®feU®
• / fio, *f JI I Ibsr*. pSEa 1 4ff|-4 JSxT * ;MB I
r’ffijfi I
,> *-L"' £7 I »• Jf/MkrtMtaX RMTIIB
I r rrwUß I
OSy/ nOS IwiM
**^*r'~- Lf & I §O®E3!S®
, f- -L, ■ -?‘ MOOl *' 0, ’TAtsJ ■
/ a
, Bf . Sk x •• • •&>&’
1/ jF
'X J? Value-packed, color enhanced. • •
emus WRAPPINGS
„ A « pk s- of 5 rolls — Glft SSR e
/g/llf Zl Wraps, 6'x2o" 57c
X Ar' B. Pkg. of 8 rolls Gift
a TtRRL .A •/' Wraps, 5'x26" 1.19 ■
wR V$ <t fg C. 54 sheets tissue— 39c
-
•^■LVW® ; W‘ jff ?
*SrLjq*TW' lil | *' Gala gift trimming*
WWjU SPIRKLE-TOUCHEO
SElfjl RIBBONS ANO BOWS
44* er
v *•
<W3NBP A. Velvette ribbons 49c
kJWriSI B. 115'ribbon reel67c
| • C. Bows67c
| D. Ribbon/tape 59c
gW ■ "bBI E. 12(T 10-color ribbons ß7c
V . .... S XV.■.-.■£
Great choice,••
BOXED I Assortment of 228
dIISIIUS 5 MMSMO
tlftmtMlS HtuttStHS
1.-- W 43
Glitter touched ‘Memories ' *■v?u. Vwft r, x — r i
[
m ff , T/ n Tw 1 cards, labels with looped
effects in XV inter n onder- Christmas strings,
land’ and ‘Snow Ball’ asst. U _.„J
YOUR MONEY’S WORTH MORE AT WOOLWORTH'S
Georgetown, who attended the
Caesarian delivery of Mrs. John
F. Kennedy’s children.
Robert Kennedy knew his wife
was pregnant before he was
shot in Los Angeles last June 5.
She was at his side when he
was wounded and remained on
vigil during his last hours. At
the funeral, she remained
composed and in command.
Afterward, she lived quietly
at their summer home at
to Washington only in time for
the children to return to school.
It has been apparent that she
is trying to carry on as
“Bobby” would have wanted
her to, running her household
and her personal life with
dignity. He once said she was
the perfect wife because “she
always thinks I’m right.”
They were married for 18
years.
W. T. GRANT CO.
CREDIT DEPT.
HAS MOVED BACK
TO OUR STORE
LOCATION
119 E. SOLOMON ST.
Thanksgiving
Dinner May
Cost Little More
WASHINGTON (UPD—Your
Thanksgiving dinner may cost a
little more this year, but the
traditional turkey probably
■won't, according to Agriculture
Department experts.
Average retail food prices
currently are roughly about 3.5
per cent above a year ago, a
department food economist
said.
A poultry specialist said,
however, that most retail
turkey prices probably are very
close to last Thanksgiving’s
level despite recent increases in
farm prices.
Turkey prices at the farm
have been pushed over last
year’s low level by a 16 per
cent cut in production and a
series of government surplus
purchases. But the higher farm
prices have not yet reached
wholesale levels to any great
extent, the specialist said.