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Show bis people may get calls in swindle case LOS ANGELES (UPI) — A federal grand jury Thursday indicted an Oklahoma attorney and 12 others for an alleged phony oil-drilling swindle that rooked a who’s who of show business stars and astute financiers out of $l3O million. Many of the prominent victims of the Home-Stake stock sales scheme probably will be called as prosecution witnesses, government sources said. The list included entertainers from Jack Benny, who reportedly put in $300,000, to Bob Dylan. Robert S. Trippet, a Tulsa lawyer who founded Home- Stake in 1955, and the others were charged with 39 counts of conspiring to defraud the government and investors in an elaborate tax shelter and securities scheme based on the firm’s supposed oil drilling activities. In reality, the company did virtually no oil drilling, the Justice Department maintained. The Securities and Exchange Commission said the firm at one point sank three 500-footdeep wells on a California farm so it would have pictures to show stock buyers, although geologists know there is no oil at such a shallow depth in the area. A vegetable farmer reportedly said he was paid by the company to paint his irrigation pipes with oil field markings so they could be photographed and passed off as part of a petroleum drilling complex. The government charged the revenue from stock sales went to other businesses, to inactive corporations controlled by Trippet’s relatives and to Trippet’s personal use. The SEC said some of the income financed a “Ponzi scheme” —repayment of early investors with income from later investors to create a false impression of profit. Hie scheme is named after Charles Ponzi, a swindler of the 19205. Singer Andy Williams was the biggest celebrity loser listed, with an investment of $538,000. Others listed included Barbra Streisand, Liza Minnelli, Walter Mathau, Phyllis Diller, and Jonathan Winters. The U.S. attorney’s office said the scheme succeeded for nine years, partly because of a “domino effect” as wealthy investors were attracted by word that others with big money had already bought in. Holiday Pantsuits . From Her "Favorite” ‘wr • \| . . ' W i / jOIS'W • / I r'^' /z /y I iwt ? BBlilil » jHWW Youthbeat puts it all to- gether for a look that's new fit |> J and now. Beautifully styled I* jacket with lace trim, tie- tbnnSUv ( nfl front closure above full loPrpy| cut, matching pants. B.' JEM ll>i v] Fashioned of 100% poly- 1| ester in red with white f ''&<s' jnKV M XXO only Sizes 3-13. A • 3Pcs ‘ >' Jacket BgMfi I SheU **- w f ’ 1 Pants MWR 4 ♦ ESUHiKKBntiA Open | 1/ ! 1 Every Night ’til 8 7 / / jH *. Except Saturday * til 6 SwiikSMeiila • Jr. World Shop Rocky wins another round WASHINGTON (UPI) — De spite concern that Congress was about to endorse a merger of great wealth with great power, the House Judiciary Committee has recommended the confirmation of Nelson A. Rockefeller as vice president. By a vote of 26 to 12 —there were four more negative votes than Gerald R. Ford got for the same job a year ago —the panel cleared the Rockefeller nomination Thursday for its next obstacle, eight hours of debate and a vote by the full House next Thursday or Fri- COOKS IS FOR THE PEOPLE Prices Effective Friday, December 13th Thru Sunday, December 15th GIFTS THAT KEEP ON - JFlhllttt .. ! r « —~' l Chord ■ \ Organ | Proctor Bowl I I d Slice Toaster I Mixer r..> - - i 14.97 i 13.99 I I 1 1! . . ■ ■ Slim, modern styling in B 6 speed mixer may be used K ■ gleaming chrome with color ■ with its own bowl & stand or as i||<»| '( » ■ V w ■ coded toast control. No. " a hand mixer. 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Reg. 22.97. i ihh am ami ■■s ■■ ■■■ ■■■ mb ■■■ mm mb mb ■■s ■■ mb mb ■■s mb bmi mb mb bm bb bb Use Our Convenient S 2“ isl MEMORIAL DRIVE (Old 41 South) At absolutely no c=st=£3 •(•»<imS'"» ci»«anc« n*m,) /” b Increase in price | OPEN DAILY 10:00 A.M. to 10:00 P.M. Sunday 1 P.M. to 6 P.M. | WE RESERVE the right to LIMIT QUANTITIES day. Many of the members said they were concerned about a potential conflict of interest if the vice president belonged to a family which collectively is worth $1 billion, much of it invested in the nation’s richest corporations. The 17 Republi cans and 9 Democrats who voted for Rockefeller said they could tolerate that, but the 12 Democrats who opposed him said they could not. Rep. Charles R. Wiggins, R- Calif., said he had no qualms about Rockefeller, that power could be abused by the rich or the poor. “If the mere potential for abuse is unacceptable,” he said, “the only answer is to eliminate the power of the office itself.” Rep. Barbara Jordan, D-Tex., who voted against Ford last year, said the nation was “only recently relieved of a president swollen with power and now we are asked to confirm a man swollen with wealth.” Can we take it, she asked, and then answered herself: Page 9 “Yes. It is not a comfortable bosition, but it’s a livable one.” Rep. Don Edwards, D-Calif., said that “by approving Rock efeller, we are approving a merger of great economic power and great political power.” Rep. John Conyers, D- Mich., added it was a merger that “is more than this country should tolerate.” Chairman Peter W. Rodino Jr., D-N.J., said he planned to appear before the House Rules Committee next Wednesday to get permission to limit floor debate to eight hours. * — Griffin Daily News Friday, December 13,1974 WALLPAPER Is Something New With Us. We have a large selection to choose from. An exciting new way to brighten up your home. VISIT WITH US SOON CARPETS OF GRIFFIN, INC. 1137 Meriwether St - 228-8843