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MAYARDVILLE, Tenn.-Canoes wait at dockside for
someone to shatter the placid stillness of a mountain lake
Business mirror
Administration’s goals may be too high
By JOHN CUNNIFF
AP Business Analyst
NEW YORK (AP) - You
might say it’s the Carter Ad
ministration’s own fault that its
economic projections are now
being criticized. It probably set
its goals too high.
That observation is inherent
in almost all the reports from
business economists and a good
many academics too, and to
some extent it seems also to be
shared by the Joint Economic
Committee of Congress.
One inevitable consequence of
setting such high goals — origi
nally, they were 4.5 per cent
unemployment, 4 per cent in
flation and a balanced budget
by 1981 — is that good news is
viewed as fair, and fair as poor.
The administration currently
says it expects growth in Gross
National Product, the total of all
goods and services produced, to
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6446 TARA BLVD., JONESBORO PHONE 363-1400 ,
Reflections of autumn
reach about 5.3 per cent next
year. The congressional
committee says 4 to 4.4 per cent.
That latter rate certainly
doesn’t suggest weakness, but it
is being viewed that way be
cause, it is observed, it is 20 per
cent or so lower than the ad
ministration’s goal.
The truth is that the Joint
Committee’s estimate is consid
ered bullish by some nongov
ernmental forecasters, whose
own figures are even lower.
Still, these academic and busi
ness forecasters aren’t worried
about recession.
The latest figures from the
Wharton Econometric Fore
casting Associates, a group
which analyzes the economy
every three months, foresees
real growth of 4 per cent or so, a
decline from this year, but
hardly a disastrous one.
In fact, Lawrence Klein and
at Big Ridge State Park, in the Cumberland Mountains.
(AP)
others at the Wharton unit fore
see some areas of strength, in
cluding a “boomlet” in fixed
business investment, or capital
spending.
Such a development has been
awaited for many months. Re
peatedly forecast, it never
seemed to develop. But now, as
some forecasters expect some
moderation in consumer spend
ing, capital investments are
likely to take up the slack.
This probability also has been
expressed by the leasing
financing unit of Commercial
Credit, which reports that in the
past two months its clients have
stepped up their capital spend
ing plans strongly.
At the same time the Joint
Economic Committee was is
suing its report, a group of top
business executives was telling
President Carter that the econ
omy is in somewhat better
shape than some of the bearish
forecasts indicate.
Business, of course, some
times sees things from a vastly
different point of view than does
labor. It is perhaps more
concerned about inflation, for
example, than it is about unem
ployment.
Still, business profits suffer
along with unemployed work
ers, and so to some extent the
two, business and labor, share a
mutual concern for economic
conditions. The business execu
tives see a slowdown, but not a
recession.
Nevertheless, there is no de
nying that a mood of dis
pleasure, and even a sense of
failure, is mixed into the atti
tudes of many students of the
economy. And there is little
doubt that some of it originates
with the administration’s own
projections.
Laetrile
State legislature faces legalization
By MARK O’BRIEN
Associated Press Writer
ATLANTA (AP) - Most
medical authorities say laetrile
doesn’t fight cancer. But Irving
Alperin, and a lot of other
people, say it does, and that it
should be legalized.
Alperin was on his way to visit
his terminally ill motherin-law
last June when he saw a book
claiming that laetrile controls
cancer and helps victims live
long after doctors predicted
they would die.
A few days later, the Decatur,
Ga., man flew to Mexico, and
paid SI,OOO for a three-month
supply of laetrile for his mother
in-law, who was hospitalized in
New Jersey.
“She was doing fine after I got
the laetrile for her, and there
was a great deal of im
provement until the hospital
stopped the treatments because
laetrile is illegal,” says Alperin.
“Then she got worse and a few
days later she died.”
The Georgia Legislature
probably will be asked to decide
whether laetrile should be
legalized in the state next year.
It promises to be an emotional
fight — opponents say laetrile is
a hoax, supporters say it saves
lives.
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Page 17
Laetrile has been outlawed by
the U.S. Food and Drug Ad
ministration, which says the
substance doesn’t fight cancer,
that it only lures cancer victims
to chase groundless hopes.
But supporters cite testi
monial after testimonial by vic
tims who say injections or ta
blets of laetrile have kept them
alive long past doctors’ pre
dictions that they had only a few
months to live.
State Rep. Charles C. Mann,
D-Elberton, said he thinks
Georgia should legalize laetrile,
a substance derived from bitter
almonds and peach and apricot
pits.
His support, however, is
based less on laetrile’s value as
a cancer-fighter than on his be
lief that doctors and patients
should be free to choose what
ever treatment they want, pro
vided it is not harmful.
“I’m not saying that it cures
cancer,” said Mann, a phar
macist. “The question is,
doesn’t the physician have the
right to prescribe a treatment?
Nobody has shown me that
there’s any direct physical
harm in laetrile, and until
somebody does, I will support
it.’
Most of the medical estab-
Griffin Daily News Wednesday, September 28,1977
lishment opposes laetrile, which
was legalized in several states
this year when lawmakers gave
immunity to doctors who pre
scribe it. Interstate distribution
still is illegal.
Among laetrile’s opponents
are the state Board of Human
Resources and the Medical As
sociation of Georgia.
“Patients should not be en
couraged to forsake proven
treatment methods for an un
proven panacea,” the board
said.
MAG, which represents about
4,500 Georgia doctors, says use
of laetrile “has resulted in great
economic loss, anxiety and
frustration to recipients and
their families.”
Legalizing laetrile would only
tempt cancer victims to forsake
sometimes painful, but proven
conventional treatment such as
chemotherapy and radiation,
the FDA says.
“It will be used by people who
have early detectable cancer
that could be controlled by
available effective treatment,”
FDA regional administrator
M.D. Kinslow of Atlanta wrote
in a recent newspaper article.
“This is the hidden danger of
the so-called ‘safe’ laetrile.”
Kinslow and others call laet-
rile false hope in a bottle.
“My answer to that,” says
Alperin, “is what have we got to
lose? ”
laetrile, originally developed
to soften the taste of bootleg
whiskey, has been called a can
cer cure for 25 years. But this
year it burst onto the national
scene, propelled by advocates
who said it controlled cancer
and argued that doctors and
patients should have “freedom
of choice” in picking a treat
ment.
“Freedom of choice,” says
the FDA’s Kinslow, is no more
than a “catchy phrase.”
“Freedom of choice to use
laetrile in treating cancer is the
equivalent of permitting any
citizen to commit suicide in
public and prohibiting wit
nesses from interfering with the
self-destruction,” he said.
But Mann, a member of the
House Committee on Health and
Ecology, said he sees “pretty
good support” in the Georgia
Legislature for legalizing
laetrile.
Gov. George Busbee, who
would be asked to sign such a
bill into law, says he hasn’t
made up his mind, and that he
will decide only after hearing
testimony.