Griffin daily news. (Griffin, Ga.) 1924-current, November 22, 1974, Page Page 9, Image 9

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Come in and try it on. $ 1 3 5 00 Outside money hard to get By JAMES R. KING United Press International The rate of inflation which prompted the government to impose wage and price controls in 1971 was half as bad as the current annual rate of 12.2 per cent. Senate Democrats now say a new round of wage and price controls must be considered if everything else fails. More auto industry layoffs were announced Thursday, bringing the jobless total to over 150,000 during the Christ mas season. And the effects of the coal strike which have spread to rail, steel and coke industries will idle 300,000 nonstrikers by December, the government estimated. But there was at least one trace of good news in the economy: Ford Motor Co. announced it was lowering the defended the S2O million he and his family have spent on his political campaigns as necessary because it is hard for a man of his wealth to attract outside money. In center is Rep. James Mann, D-S.C. (UPI) price of its compact Pinto by $l5O in an effort to stimulate buying. The 12.2 per cent annual inflation rate during the past 12 months, announced by the Bureau of Labor Statistics Thursday, was the highest rate since 1947, when the bureau began keeping such records. Prices rose 9 per cent that year. The rate of inflation during 1970 was 5.3 per cent, and during 1971, the year wage and price controls were imposed in August, the inflation rate slipped to 4.6 per cent. But it has been rising ever since, and Democrats in the Senate unanimously approved a seven-point economic agenda for the next Congress, including consideration of wage-price controls —something President Ford and labor leaders oppose. The resolution called for consideration of controls only as a last resort and Senate Majority Leader Mike Mans field said, “The key word is “consider.” The resolution also called for a jobs program, reviving the Reconstruction Finance Corpo ration, allocating credit for home-buyers, rationing gasoline if necessary, curbing excessive profits and cutting personal income taxes, and minimizing Tremors hit S.C. CHARLESTON, S.C. (UPI) - Earth tremors shook buildings and rattled windows in the South Carolina lowcountry from Charleston to Columbia early today but there were no reports of injury or serious damage. The National Weather Service described the tremors, which occurred around 12:23 a.m., as “slight, possibly a mild earth quake.” The tremors apparently were heaviest in the Charleston area. New Supply - Just Received Books & Poems ... by Helen Steiner Rice - Also— Several Editions Os THE LIVING BIBLE Easy To Read - Easy To Understand THE CHILDREN’S LIVING BIBLE And THE LIVING NEW TESTAMENT BUCKLES HARDWARE COMPANY 409 West Solomon Street Phone 227-5503 FREE PAVED PARKING deficit spending. In Detroit, General Motors Corp, said it will idle 30,000 workers at nine assembly plants in December, pushing auto industry joblessness in the weeks before Christmas to more than 150,000 workers. GM said nine of its 22 U.S. assembly plants will be shut down for one or two weeks. Chrysler and Ford confirmed plans to cut white collar workers from the payroll. Chrysler would not detail its plans, but Ford said 3,000 white collar workers will be idled throughout the company at the end of November. The effects of the coal strike have spread to related indus tries, hitting railroads first, and spreading to the steel and coke industries. Government officials have estimated that more than 300,000 nonstriking workers will be jobless by early December, with the strike certain to run past the end of November. The Penn Central Railroad said it had dropped 1,500 workers and was taking a weekly revenue loss of between $4.5 million and $5 million. Rails haul 70 per cent of coal loaded at mines, and coal accounts for 24.6 per cent of all railroad tonnage and 9.9 per cent of all railroad revenues. “We had a pretty good shake,” said a spokesman in the Charleston Police Depart ment. “Our building shook and it jarred things around.” She said police switchboards were jammed with callers inquiring about the tremors. A police spokesman in Columbia said the tremors were not felt in their second floor office, but residents in other parts of the Columbia area reported slight tremors. Transportation board diverts 1-485 money ATLANTA (UPI) - The state Transportation Board voted Thursday to divert funds designated for the disputed Interstate-485 to several other projects, ending the controver sy over the proposed highway in north Atlanta. After deciding on alternative uses for the $96 million earmarked for 1-485, the board GREAT HOLIDAY SAVINGS 3% Off JCRenney’s Dress Slacks jB 10 ® Percent Forte! Po| y ester w ly°\ / "’Sj l;; x ™ Solid • Print Color I / ’ X > Size 29-42 f fZIU 3- 10 40 ffl% m &tin! stock 01 Men’s Dress Shirts |||| g OQ I g S Polyester-Cotton Blends Uli -' E 041 £ B Sri Ultressa and Quiana IW ■■ Solid, Pr ’ nts > Stripes WnPwiP. sizes 14% ■ l7 Rfftf 5 tSIP- nW I »w® Long * Bhort Sleeve iwliiiMMi Re & 6 '° o ' l2 ’ oo N ° W iHi : i 2°% w Entire stock °f Beds P reat,s 1 • Solids - Prints 1h 1 * Twin ' Regi Q ueen Reg- 8 "’ 3oo ° BBBPfiP I Now 7 19 - 24 00 a- ~ B _. o. »□ . Family Shoes Reduced Girl s Pant Sets Reduced o,« N .w 100 Percent Polyester Ugn 20.00 10.00 Solids • Stripes 27.00 1 8.00 Infant Sizes 3-14 Ladies 9 - 99 5 - 00 14 99 7.00 ]77 1 88 Ws , 99 2 .00 8.99 4.00 Special Number Jerseys Girl’s Special Corduroy Jeans 100 Percent Cotton 100 Percent Cotton Sizes S,M 2/5 00 SilK7 U 1" Men’s Polyester Blazers Boy’s Special Sweaters Only 38 Left Broken Sizes Button Front X 9 9 1 ABB 100 Percent Acrylic <4 I y Sizes S,M,L Ladies Dresses - Pant Suits Girl’s Dresses Reduced Polyester-Cotton Assorted Sizes Orig. Now Orig. Now Junior 20.00 13.00 son onn inn 18.00 1 0.00 6 00 ■ 9OO 4.00 29.00 19.00 1300 7.00 Misses 21.00 1 3.00 12.00 6.00 15 00 7 00 7.50 2 00 19.00 11.00 2>UU Half Sizes 17 00 12 .00 JCPenney Page 9 also voted to sell some of the property which had been obtained for the expressway. The funds are now to be used for two highway projects in south Atlanta and a 38-mile interstate stretch linking the city of Albany to 1-75 at Cordele. The alternatives were select ed instead of a proposal to extend 1-185 to serve both — Griffin Daily News Friday, November 22, 1974 Columbus and Albany, neither of which now has direct interstate connections. The state plans to offer land purchased for 1-485 to citizens who owned each piece of land prior to the state purchases were made, said a spokesman of the transportation board staff. Property still occupied will be offered to their prior owners at the same price for which the state bought it. Land which has not been occupied will be reappraised and offered to the original owners at the ap praised price or the price of purchase, whichever is lower, the spokesman said.