davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-04-24

necessary and startingly big
sums. Most claim to under
stand that nothing-down-take
a-lifetime-to-pay transactions
are expensive; few do under
stand just how expensive this
way of financing is.
Subcommittee Split
The Truth In Lending bill
isn't dead and, in fact, public
hearings are slated to begin on
May 8. Originally proposed by
Senator Douglas, Democrat of
Illinois. the bill received a pow
erful push last month when
President Kennedy included a
plea for its passage in his
catch-all Protect the Con-
sumer" message to Congress.
But the Douglas subcommitN
tee is itself badly split over the
bill. and opposition to it is
acute among businessmen and
financiers. No one publicly dis
agrees with the principle of full
disclosure of what consumers
are charged when they borrow.
But opponents insist that in
some types Of inStalment loans,
it's impossible to express the
charge in terms of a simple
annual rate and many retailers
couldn't comply with the law.
They forecast that instead of
helping consumers to shop
more wisely for credit, it would
confuse them more, for retail
ers would bury the charges in
the prices of goods and serv-
ices. With this sort of opposi-
tion, the odds are against this
bill now.
Since. therefore, you'll prob
ably have to be your own
Sleuth, here's a short guide
through the bewildering maze
Of loans available today and
the rates charged.
If you borrow 500 for a full
year at 6 per cent and pay back
$l06, at the end of IL months,
your interest is what it seems
Evening star., 1962-04-24
YOUR
MONEYS WORTH
How to Tell Truth in Lendino'
~ SYLVIA PORTER

The Truth In Lending" bill
under which all lenders
would be required by Federal
law to tell the borrower what
is being charged for credit in
terms Of dollars and cents and
a simple annual percentage
rate on the unpaid balances
apparently to stay bottled up
in a Senate subcommittee for
the rest Of this session of Con-
greSS. So, you'll have to con-
tinue to police your own credit
deals and see to it that you
don't pay any more interest
than you need to on your on
the-cuff purchases.
Most Americans think they
know what they're paying in
interest when they borrow to
buy anything ranging from a
toaSter to a car or house; few
do, and their own ignorance
often costs them utterly un-
Evening star., 1962-04-24

Ooroon l.. Llppitt, Director,
Center for Behavioral Sciences,
George Washington Univer-
sity, and Frank MCGEE, NBC
newsman.
Registration for the five-day
convention will begin May 4,
with general sessions scheduled
for May Z and 8 at the Chal-
fonte-Haddon Hall Hotel.
AArchie K. Davis, board chair
man Of the Wachovia Bank &
Trust Co.. WinSton-Salem,
N c., will speak at a break
fast meeting of the agriculture
committee May 7. Eva B.
Adams, director of the Mint.
will be guest speaker at a
ladies' luncheon the same day,
according to James P. Cas-
barlan. association president
and vice chairman of the board,
Suburban Trust Co., HyattS-
vile.
washington members of the
bank fraternity attending will
include John M. Christie and
a. Perry Hall, vice presidents,
and Robert N. Waller, assistant
cashier, Riggs National Bank:
R. Bruce Keiner, executive vice.
preSident-cashier and w. L.
SanderSon, executive vice presi-
dent, National Bank of WASH
ington. and Bernard j. Nees,
partner, Johnston. Lemon g.
Co.
Evening star., 1962-04-24

ences" developed with five Off
cials Of the Management Sys-
TENS division in California, and
the five were fired. Emory
Cook, president. is taking g
charge of the division.
In the quarter ending
February %. the company
crossed about $1.1 million,
nearly double the amount in
the period last year, Mr.. Kush-
ner said. but profits we're only
about $4,000. The West
Coast division accounted for
about $4,000. 1t was a dispute
over this low profit that precip-
itated the conflict, he added.
The division has manage
ment system contracts with the
Air Force Minut e m a n and
Titan III programs.
The Physical Systems divi-
sion here will be unaffected.
Each division employs about
125 persons.
Evening star., 1962-04-24

nds.
T-Partially tax exempt.
Evening star., 1962-04-24

to be-a simple 6 per cent.
You've had the use Of the full
500 for II months. you pay
your $6 at the end, the 6 per
cent is the true rate.
If you borrow 500 for a year
at 6 per cent. pay the $6 IN
advance and pay off the loan
in IL monthly instalments,
your rate is roughly double the
figure quoted. You pay off half
your loan in six months, you
have the use of an average Of
around $50, not 500, for the
full year and you paid the $6
in advance. Your true rate of
interest is a bit more than liz
per cent.
Credit Widely Used
If in addition to the $6 you
pay in advance on the above
loan you pay a 50 investigation
fee, your true rate is higher.
You get s92. you pay back IL
monthly amounts Of 1888.
your rate of interest over the
year is 1877 per cent.
If you borrow under one Of
the popular az per cent a
month" arrangements or 2
or 21a or 3 per cent-your in
terest is considerably higher.
For / y per cent a month multi
piled by IL months works out
to 18 per cent a year, 2 per cent
a month works out to "a per
cent a year, 212 per cent comes
to 80 per cent and 8 per cent
comes to Sc per cent over the
year. And don't kid yourself on
this.
Almost half of Americas
families use inStalment credit,
and this type Of borrowing
alone totals close to $43 billion.
The invention of instalment fl
nancing has been one Of the
greatest contributions of our
century to our high living
standard and economic pros
perity. It's benefits far out
weigh its costs to consumers.
But, Of course, there's no JUS
tification for your having to
pay unnecessarily high rates
for the privilege, no reason for
you to be ignorant Of what
you're paying. Shop for credit
with the care you shop for the
car or TV set you buy with the
credit. Compare costs on var
iouS types Of loans before you
sign a contract. You'll save
plenty.
distributed 1852 BY The Hall
Syndicate. All Rights Reserved)
Evening star., 1962-04-24

In the family room, an
extension saves steps, gives
you security and privacy.
This handsome extension
neatly hugs table, desk or
counter. Pick your exten.
sion in white, beige, green,
pink or blue.
Evening star., 1962-04-24

Bell Chime adds a tune.
full note to any telephone
in your home. Calls you to
the phone with a melodic
chime, a crisp bell or
the familiar ring. Surpris-
ingly low cost. Comes in
ivory or gold.
Evening star., 1962-04-24
Towes to Be Speaker
At Bankers Sessions

More than 600 members of the Maryland Bankers Assoc-
apon VIII hear Gov TaweS May their 66th annual
vention in Atlantic City, N j.
Other speakers will include William H Neal director of
the United States Teaurys savings bonds division Sam NJ
Fleming president of the American Bankers Association
Evening star., 1962-04-24
TREASURY BONDS

NEW YORK (AP)-Noon over the coun-
ter U. S. Government Treasury bonds,
bid, asked, net change and yield for
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1962-05-03
WenJ BObbitt
Is Winner of
Speech Contest

CHESTER - Miss Wendy
Bobbitt, a senior at West &C.
auga High school was judged
the winner of the Annaul Bur
ton Middlefield Ro + y
Speech contest on Wednesday
April II. Contestants from
Kenston. Chardon, Thompson
Cardinal, Burton and West
Geauga Wed for first place,
The topic was Federal Aid
to Higher Education" and the
prize was a $4,000 scholar
ship. Miss Bobbitt, the daugh-
ter Of Mr.. and Mrs. Harold
Bobbitt. II Sperry Lane,
Chester, was coached by Mr..
Vernon R 0 b e rtS S, English
teacher, Drama and Speech
coach.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1962-05-03
Bowling Scores

ma Bruce 20l; Phyllis Kos
ton 1879; Lucy Sefcik 1872;
Mary Ellen Leuty -183; Jean
Brediger 176; Lillian Cook :
1859; Joyce Bican 164; Ely
Morse 1852.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1962-05-03
Retarded Children
to Give Recital

The children of Opportun-
ity School, Newbury, will give
a program entitled, "Opport-
unity with Music, on May 6,
Sunday, 2::3O pm, at their
school, The American Legion
Hall, Auburn Center Road,
Newbury. Mrs. Susan Man
fredi, their music teacher, is
in charge of the program and
it should prove a delightful
experience for anyone who
whistles to come.
Geauga record. [volume] (Chardon, Geauga County, Ohio) 1952-1962, 1962-05-03
Il & V RECREATION
Thursday Night WOmen's
WON LOST

WON LOST
Mcbride Bros.
Inc. ooH2 4oH2
Wedge Floor
Covering Ti12 0412
Chapman Shoes 7712 5412
Plank Road
Tavern 1872 5oH2
B - V Recra-
tiOn 6012 b312
Chardon Rubber
No. 3 6O12 TH2
R. w. Sidley Inc. so 80
Albee Homes 33 SO
TEAM HIGH SERIES
Mcbride Bros. Inc. 2043;
Chapman Shoes 1894.
TEAM HIGH SINGLE GAME
Mcbride Bros. 697; Char
don Rubber No. 3 696.
INDIVIDUAL HIGH SERIES
Barbara Jandt $40; Ann
Drew 480.
INDIVIDUAL HIGH SINGLE
GAME - Marge Ernyie -104;
Barbara Jandt 179.
OTHER HIGH SINGLE GA
MES (159 and over) - Ann
Drew 1T; Mary HoStetler-
1877: Alice Wedge 1854; Elaine
Strong 1854; Jean Marks -161
Thora Bican 160.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
WILLIAM S. WHITE
British Muneuvers on A-Testino

full inspection. The Senate
of the United States has
totally supported just such
demands. 1t is not about to
accept now the proposition
that the fire insurance be
written to cover only some of
the rooms some of the time
in the house of this Nation
in the hope that the policy
can be perfected later.
Only the British can decide
the course Britain is to take
from here on out. But it
might be well for them to
recognize that if and when
the treaty issue comes be-
fore that Summit Conference
for which the Soviet Union
is really angling, their al.
ternativeS will be clear. They
can cease pressing Mr.. Ken
nedy to go along with some
halfway inspection and so
at least preserve the strength
of the Western Alliance-and
possibly even cause the Rus
slams to adopt something
approaching a reasonable
position.
Or they can join the neu-
tralists and the rest in try
ing to hustle him into the
kind of treaty" that will
never be ratified anyhow.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
Failure of West to Call Moscow's Hand
Believed Causing a Kind of Deterioration

preston, through her propa-
ganda, that only peace is
sought. The other countries
do not do a good job of re-
butting this falsehood. The
information agencies Of most
of the Western governments
are "muzzled" as their broad
casts are softened by their
foreign offices. So the Soviet
Union constantly gets away
with her double talk.
1t is possible that Nikita
Khrushchev has come to the
conclusion that 1.-The West"
is really a weak and wavering
alliance and that President
Kennedy is so obsessed with
a fear Of war that he has
become too frightened to use
any leverage to restrain the
Communists in the cold
war" In Wet Nam, some
American military advisers"
are being used in combat
operations. but the United
States has not taken any
comparable measures in
Latin America or elsewhere.
There are, Of course, alter
native courses available to the
United States Government.
1t can threaten to sever
diplomatic relations unless
harasSment by the Soviets in
the Berlin area is stopped. 1t
can cut off commercial inter-
course with the Soviet bloc II
Communist subversive activ-
tiles continue in Cuba and
Latin America generally and
in this country. The flow Of
Russian rubles to Communist
stooges' and agents all over
the world can be materially
cut down, If not altogether
stopped. The United States
can force a reduction in the
size of the staffs of the Soviet
Embassy and consulates in
this country If the Soviets in
sist on a continuance Of their
harassing tactics. This would.
of course, result in decreasing
American diplomatic staffs in
Communist countries. but it
would be a small price to pay
for getting rid Of Communist
agents in this country.
The boldness of the Moscow
regime in ordering military
flights in the air corridors
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
POTOMAC FEVER
By FLETCHER KNEBEL

Nixon writes book and gets into big argument It's
becoming obvious that Dick is of those people who'd
rather write than be President.
The Senate talks for week about civil rights without
voting It's apparent that Senators have decided heed
Presidents call for sacrce-by giving up making decisions
There's talk of teaching in schools
another civil rights program Kids much right
their to be bewdered by things like the Gross Ma
tonal Product.
Nehru gives Mrs. Kennedy two tiger cubs They'll be
named for the two facets of his anaggresson policy
Stop and Goa.
Secret counterfeitng per
cent last year. proving that the doityouref isn't
yet
Middle -the-roader: A fellow who leads you up a
bland alley.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
DAVID LAWRENCE

The Soviets still insist on
the right to cheat. This is
the net result of more than
three years of palaver about
a ban on nuclear tests.
Seventeen nations have
sent representatives to Cen
eva to negotiate an agree
ment to abolish nuclear tests.
The conference has proved
fruitless. Russia is willing to
sign an agreement all right.
but refuses to allow any sys-
tenn of international inspec-
ton to be set up so as to
make sure each party to the
treaty is keeping its word.
Instead. Russia proposes
its own national inspec-
ton" which means that each
nation would be free to cheat.
The idea that some neutral
agency should be established
to see that the agreement is
adhered to has been sug-
gested, but Russia balks at it.
Soviet Premier Khru-
shchev is willing to enter into
discussions of cooperation
in outer space because he
knows this is a vague subject
that is certain to bring al
most interminable debate.
Even here, he makes as a
condition for any agreement
the acceptance by the United
States of his type of dis
armament treaty-which. of
course, includes the right to
cheat.
Where does this leave the
whole problem of disarma-
ment? 1t means that there
will be nothing of substance
accomplished, despite all the
official gobbledygook about
reduction" or limitation"
of ornaments.
The Soviets take the posi-
ton that, if any system Of
international inspection Is
provided, this amounts to
espionage or Spying" Yet
the Moscow regime maintains
throughout all continents the
most comprehensive spy sys-
TENS the world has ever
known.
Moscow continues to pro-
pose all sorts of international
meetings and summit" con-
ferences, and gives the i'm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
Firmness Against Soviet Needed

around Berlin has been widely
publicized in the press. but
the American Government
has done nothing by way of
retaliation except to insist on
a continuance of her own
flights. The whole episode,
however. emphasizes the So
Wet governments confidence
that the United States is not
going to go beyond the writing
of diplomatic protests. The
Communists seem free to pur-
sue the offensive In the "cold
war" as the West preoccupies
itself with meaningless con-
ferences and public state
ments about peace and the
need for further talks on
nuclear-test bans and dis
armament.
When the idea of using
some form of conventional
leverage, such as the sever
ance of diplomatic relations
or economic boycott. is men
toned, the customary re-
spouse in Government circles
here is that this is a kind OF
Oscillation" BY this is meant
that one action leads to re-
prisals and a series of moves
and countermoves which
intensity the gravity of the
whole situation.
But Oscillation" has a
counterpart which might be
described by the word de
terioration." If the West does
nothing, the Communists get
holder and holder. and the
net result is that, as Win
ston Churchill once said, you
may come to the moment
when you will have to fight
with all the odds against you
and only a precarious chance
Of survival"
Sooner or later, the West
will have to take a united
stand and cut off economic
intercourse with the Com
munist bloc as a first step
toward staving off a nuclear
war. This policy. when fully
explained in advance by ra-
dio to the peoples behind the
Iron Curtain, would do more
to bring the Moscow govern
ment to its senses than any
thing that could be done by
international conf e renee S
and summit" meetings.
Copyright, 1882
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
Board Dismisses
Picket Complaint
By Jumbo Stores

The National Labor Rela-
lions Board today dismissed a
complaint by four Jumbo Food
Stores, Inc. here against two
local unions.
The Jumbo firm had asked
that the Retail Store Employees
Union Local 400 and the Meat
Cutters Union. Local 555. be
held in violation for picketing
the stores from December IL,
1859, to January Is. 1860.
A board trial examiner had
found the unions in violation
of a new labor reform law re-
stricting picketing by minority
unions to obtain recognition by
employers as bargaining agents
or for organizing workers.
The board ruled today, how
ever, that the picketing was
within the rule and did not
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
Possibility Thot London Might Accept
Inadequate INSPECTIONS Stirs Anxiety

Twin moods, of anxiety and
determination, are gathering
in the United States Senate.
which, after all, will have the
last -or-nay word on
any possible treaty arrange
ment with the Russians on
nuclear disarmament.
The anxiety is toward
what are widely seen as the
curiously involved attitudes
of our most valued ally,
Britain, on the matter of
genuine inspection to enforce
any ban on nuclear testing.
The view from the Senate's
window is that Prime Min
lister Macmillan has become
so determined upon some
kind of testing halt that he
now would be prepared to
accept wholly inadequate in
spection in order to bring off
a diplomatic victory"
Whether this view is al
together correct or altogether
fair to the British is not the
point. The point is that the
Senate-and this includes
in disputably pro-British
members-is reluctantly but
massively of this opinion
as to British intentions.
And the Senate, to put the
matter in the politest possible
way, does not like what it
sees at all.
Thus there enters here its
mood of determination. This
is a determination never to
agree to the ratification of
any kind of treaty not having
plain, clear inspection safe
guards and no nonsense
about trying to trust the in
tentions of a power, the So
Wet Union. holding an I'M
broken record of broken prom
Uses in this field.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
DORIS FLEEsON
Republicans Appetite Whetted

rotary of Labor Mitchell
failed to win the Governor
ship of New Jersey. A Con-
necticut bastion could fortify
them on the East Coast for
the coming struggle with
conservatives of the West
and South at the national
convention in 1864.
1t is said that before Mr..
Bailey and Mr.. Ribicoff took
their home State plunge they
had a poll taken which
showed that the former Gov
ernor would substantially re-
inforce the State ticket.
Republicans insist that
they are overcoming their
handicaps. They also hope
that Representative Kowal-
ski, an articulate Democrat,
will stick to his intention of
battling Mr.. Ribicoff for the
Senate nomination. He would
not be expected to win but a
real fight often leaves scars.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23
DORIS FLEESON
Connecticut Candidates See Chance
For Some Blows at Administration

The chance to deal some
body blows to the Kennedy
administration has appar-
emily whetted the appetite
of Connecticut Republicans
for elective office. Five State
party leaders have announced
for Governor and two more
are expected to come forward
in the State convention June
4 and S.
The Kennedy brand Is
worn by the incumbent Gov
ernor, John Dempsey, by
Secretary of Health, Educa-
ton and Welfare Ribicoff
who will run for the Senate
against incumbent Prescott
Bush, and by National
Chairman Bailey who is also
State Chairman of Connect
cut. Mr.. Ribicoff and Mr..
Bailey were among the earl
lest promoters of Kennedy
for President.
They planned their return
to the Connecticut wars with
considerable confidence. Four
years ago they ruined the
Republicans with a 246,000
plurality which greatly in
creased Mr.. Ribicoff's power
as Governor and added to
his national prestige.
But Republicans contend
that since then they have
made a great comeback.
They point to gains in the
bigger cities and recapture
of many towns. In 1860 they
also won back the House
plus five Senate seats and
sent two congressman to
Washington.
Ed May, a former Con-
gresham who was State
chairman when these gains
were made, Is now in Wash
ington, preceded by some
expert press agentry, ex-
planning why he ought to be
Governor. State opinion
seems to be that he and
John Alsop, brother of the
columnists, are in the lead
for the nomination, but it is
added that a deadlock could
develop between them.
Mr.. Mays well-planned ap-
pearance here suggests an
other common trend in pres
ent day politics, due largely
to television. TV here pays
considerable attention to po-
litical news coverage, giving
it time for which candidates
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23

In the opinion of this cor
respondent, who claims some
small knowledge of the place
and of it's attitudes, the Sem
ate would tear to shreds any
treaty that fell short of these
standards. And beyond all
doubt it would, barring some
miraculous and true and en-
during improvement in the
worlds crisis areas-Berlin,
Southeast Asia.
1t would cry nay" no
matter what President Ken
needy said-in the wholly I'M
likely event. that is, that the
President himself could ever
be persuaded by the British
and by the neutrals and by all
all of world opinion" all
together to enter any such
arrangement with the Rus
slams.
Our European friends
sometimes do not seem fully
to realize as our special
British friends seem not to
do in the present instance
that while any President can
make a treaty any Senate can
unmake it. The Constitution
requires the Senate to give
advice and consent" And
consent requires a two-thirds
majority.
In the present world cir
cumstanceS any treaty fol-
lowing what appears to be the
British idea-Some inspec-
ton but nothing like the full
fledged and unambiguous ar
ticle could not command
one third of the Senate, let
alone two-thirds.
Three successive American
administrations - Humans,
Eisenhower's, Kennedy's -
have demanded nothing less
than the full protection of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23

cause any stoppage of deliv-
cries or service.
Jumbo's four local outlets in
clude two stores in Washing
ton, and two in nearby Mary
land at Seat Pleasant and
HyattSville.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-03-23

pay and pay and pay at home
with hard won campaign
funds.
Democrats achieve a show
ing, Of course. by the side Of
their President but Repub-
licans are not without friends,
particularly in management
circles. To an increasing de-
gree the challengers come
here to make themselves
known to this communica-
tons center.
The Connecticut contests
have a further interest to
Republicans of a more mod
crate and internationalist
bent. They have not been
doing too well in the way Of
national influence and their
hopes took a nose dive last
November when former Sec