davidaulloa/AmericanStories huggingface dataset:
, 1963-07-20

gin Islands does no weaving OF
the cloth. And the mainland wool
Weavers hardly weave one yard
less on this account. (They-or
others-do however lose such
work-invclving the employment
of less than 100 personals may
be involved in shower-proofng
after weaving, where shower
proofing is valued.)
SO. Further, this Board finds
that, as presently conducted, this
Virgin Islands operation does not
reduce the business or employ
ment of mainland apparel manu-
facturers to any significant de-
gree. The same work of manufac-
turing the cloth into apparel has
still to be done after the Virgin
Islands shower-proonng.
81. What the Virgin Islands
shoWer-proofing operation does
tend to displace is the importing
business of importers on the US,
mainland who would otherwise
bring this material into the Unit
ed States without going through
the Virgin Islands, without show
er-pDeofing it there, and in some
part without shoWer-proofing it
all. The chief competitors of the
Virgin Islands shower--proofers
are even now importers of the
same grades of wool cloth, to
which a piece of braid has been
uselessly attached in the European
country of origin-causing the
material to be classified as braid
ed". Such braided wooden ma
terial now pays a duty of 42k%
while the unbranded material
such as is imported through the
Virgin Islands-would have to
pay about 105 percent to 10 per-
cent.
38. Because of the requirement
of Section 301 of the Tariff Act,
that the value of imported mate
rial may not account for more
than so percent Of the eventual
us. mainland sales price (necessi-
tating a "value-added' of 100 per
cent?, and because identical "brai-
deda material can be brought in
to the mainland after a customs
burden of only 42R% percent,
there is no presumption that
even after allowing for the en-
hancement of value by shower
proofng-Virgin Islands shower
PROCEED wooden cloth can now be
sold cheaper on the mainland
than identical braided" material.
Indeed our witnesses testified to
the contrary. Therefore this Vir-
gin Islands processing is not even
a unique channel for low-end
merchandise, correspondingly ben
citing U. S. mainland consumers
who cannot afford to pay more.
(To be continued
, 1963-07-20
GONE BUT NOT FORGOTTEN

None of US will forget the late Rudolph 5. Kelbert and
the contribution he made to the development of the Carib-
bean.
The name LITTLE SWITZERLAND is world renowned.
Mr.. Kelberts driving force expanded it from one shop on St.
Thomas to three, and then on to other shops in St Croix, st.
Martin and St. Bafths. The exclusive agencies he acquired
are the WHO'S HI of the worlds most famous watches,
clocks and jewery.
Yet, hard though he worked to create an image in the
Little Switzerland shops, Rudy, as he was called by those who
knew hun well, was equally active in the community; in the
Gift Shop Association, Chamber Of Commerce, active affairs
and charities. I
We will continue to miss him deeply but are heartened
to know that the over 100-year matchmaking tradition Of the
Kelbert family and the modern concept of Little Switzerland
will go ahead with the same vigor. Brother Lee Kelbert, who
has assumed the Presidency, and Mrs. H. F. Kelbert, who is
now Vice-President, worked closely with him over the many
years. They and their veteran staff will continue to do every
thing that he might have done.
In memory of Rudolph S. Kelbert and in wishes for con-
tinued success, we salute LITTLE SWITZERLAND
Milford chronicle., 1963-08-09
Federalshurg. Md.

Fredericksburg, Md.
Mr.. Harry Boyer Is a patient
in the Milford Memorial Hospital.
Mrs. Edward Feyerabend was
pleasantly surprised on Sunday
evening when her daughter gave
her birthday party.
Rachel Eppehimer of Philadel-
phia and Onsie Gesen Of New York
City, were the weekend guests of
Miss Joyce Downing.
Mr.. and Mrs. Robert Wechten-
hiser and children, Mr.. and Mrs.
Eugene Anderson and children,
and Mr.. and Mrs. Donald Dell and
daughter, Debbie were the Sunday
guests of Mr.. and Mrs. Joseph
Palumbo, on their raft In Oak Or
chard.
Mr.. and Mrs. Gary Smith and
children were visitors on Friday
afternoon Of Mr.. and Mrs. Allen
Carpenter of Dover.
Mrs. Helen Kaufman, Mrs.
Elizabeth Wharton and Mrs.
Lillian Evans of Ocean View
were visitors on Thursday of Mr..
and Mrs. r. Harry Quillen.
Mr.. and Mrs. Joseph Richard
son and daughter, Ginny 10 and
their guest, Marian Kavanaugh,
and their mother, Mrs. Grace
Herman visited with Mr.. and
Mrs. Haven Bear Of Port Deposit,
Maryland on Sunday.
Jean Martin, student at Del
aware Hospital, Wilmington spent
the weekend with her parents,
Mr.. and Mrs. Fred Martin.
Mr.. and Mrs. Melvin Brobst
spent Friday In Philadelphia.
Mrs. Vernon Elliott of Del
mar, visited with Mrs. Matte
Ward on Sunday.
On Sunday, Mr.. and Mrs. Nor
man oliver celebrated their 50th
wedding anniversary.
Miss Bonnie Forrer spent the
weekend visiting with her par
ents In Stewards Draft, Virginia.
Mr.. and Mrs. Preston E. Trice
Of Carney's Point, New Jersey
we're the weekend guests Of Mr..
and Mrs. S. M. williams.
Mr.. and Mrs. Larry Rose Of
Newport we're dinner guests on
Saturday Of Mr.. and Mrs. Frank
Quillen.
Mrs. Fred Martin Is a patient |
In the Milford Memorial Hos
pital.
Mr.. and Mrs. Hayward Quillen |
spent this week touring Niagara
Falls and other points Of interest.
Milford chronicle., 1963-08-09

States.
Mrs. Charles Heath and Mrs.
JEANNE Jones and daughter Nancy
spent Tuesday evening In New
ark as guest of Mr.. and Mrs.
Daniel Hamilton and family.
Mrs. Margaret Greenly of Mil
ford Is the guest this week of
Mrs. Matte Greenly.
Mr.. and Mrs. Robert Worden
entertained at a BARBECUE on
Tuesday evening, Mrs. Alice
Hill of Milford, Mr.. and Mrs.
William Lowry and son David
of Chester, Pa, Mr.. and Mrs.
Paris Johnson, Mrs. Wayne Cob
er and son David and Mrs. Rich
ard Wiley and children of Mil
ford.
Mr.. and Mrs. Hall Macklin, Jr.
entertained on Saturday Mr.. and
Mrs. Harold Macpherson, Jr.
and family Of Arlington, Virginia.
On Tuesday, Mr.. and Mrs. Hall
Mackltn, Jr. and sons spent Tues
day In Overbrook as guest of Mr..
and Mrs. Douglas Parsons.
Milford chronicle., 1963-08-09
Stating 1t Briefly

Education Gift: A gift of $50, 00C
to Wellesley College, wellesley,
Mass, to encourage women to
study medicine was included In
the will of Miss Martha Hale
Shackford, professor emeritus
of English literature at the col
lege. The will provided that in
come from the gift be used to as
stst female college graduate (not
limited to Wellesley In the study
OF medicine, with view to engag-
ing In general practice.
*+*
Press Award: The New Mexico
Medical Society established the
Guy RAIDER Award for reporting
In the field of health. Prizes of
$100 will go to the winners In
each of two classifications: daily
newspapers and wire services,
and weekly-semi-weekly and BIZ
weekly newspapers. The award
was named for the late Guy
RAIDER, MD, president of the Ber-
nalillo County Medical Assn. at
the time of his death In 1861.
*k&
Milford chronicle., 1963-08-09

Practical Nursing: A course to
epare licensed practical
nurses is being conducted In Bal
timore by the city school admin
istration and the State Dept. of
Employment Security. The
course is designed to provide job
training for chronically unem-
ployed workers, and is financed
under the Federal Manpower De-
velopment and Training Act.
Faculty Grant: An unrestrict-
ed grant of Sill million to
strengthen the Harvard U. med
ical faculty was made by the Vim
cent Astor Foundation of New
York.
Senior Citizens: The Pierce
County (Wash.) Medical Society
voted to assess each member
SIS to support the organization OF
a senior citizens central office
which will make available infor-
nation about medical care, hous-
ing, recreation, welfare, social
activities, and other problems.
The dental and pharmaceutical
professions are cooperating In
the project.
TB Testing: Tuberculin skin
tests were administered to TAI
residents of st. Clair County,
Milford chronicle., 1963-08-09
HARRINGTON

Several from Harrington at
tended a bridge luncheon held
on Wednesday, August q, at the
Rehoboth Country Club, given
by Mrs. John Darby and Mrs.
Joseph Gerow.
Gene Graham and Doris
Wechtsnhiser are spending this
week visiting with Mrs. Richard
Dennis and son Richie Of Lex
hgton Park, Maryland.
Mrs. Francis Derrickson and
daughter, Elizabeth, Mrs. Les
ter Kaufman, and grandchil-
dren, Robert and Retha, of Ocean
View were dinner guests on Tues
day Of Mr.. and Mrs. R Harry
CULLEN.
Mr.. and Mrs. william Moore
and sons Of Wainsboro, Virginia,
spent a few days last week visit
Ing with Mrs. Esther Badsr, and
Mr.. and Mrs. Paul Grant.
Mr.. and Mrs. Paul PtzZuto and
children Of Kent Island, Maryland
were Sunday dinner guests OF Mr.
and Mrs. Jack Pttlick.
A surprise birthday party was
given on Monday evening in honor
Of Mrs. Donald Dell. Those pres
snt were: Mr.. and Mrs. James
Hutson, Mr.. and Mrs. Jarvis
Hurd, Mr.. and Mrs. Carl Goetz
and sons Wayne and Junior, Mr..
and Mrs. Jack Pitlic, Gena
Wechtenhissr, Debbie Schepp,
Mrs. Albert Goetleb and Mr.. and
Mrs. Gary Smith and children,
Nancy and Donna.
Miss Thea Quillsn Is spending
this week visiting with her cousin,
Karen Rose Of Newport.
Mr.. and Mrs. John Kolata OF
Cuba, New York, are spending
sometime visiting with their SON
in-law and daughter, Mr.. and
Mrs. Fred Martin.
Mr.. and Mrs. Martin K. Grier
spent Sunday visiting with Mr..
and Mrs. william Wrightson Of
Milford chronicle., 1963-08-09

Mich, through the efforts of 20
members of the county medical
society. Disposable syringes,
data cards, instructions, and the
services of an RN coordinator
were paid for by Christmas Seal
funds.
Physical Exams: Some 130
members of the Fresno County
(Calif. } Medical Society received
complete physical examinations
at a two day program organized
by the society.
Milford chronicle., 1963-08-09
LINCOLN

Lincoln Methodist Church
Rev. Nelson R. Reppert, minister
Services for Sunday, August II.
9:45 am. Morning Worship
Hour. After attending school for
the past six weeks, Rev. Reppert
will return to the pulpit this Sum
day. For his topic, he has chosen
"The' Best Is Yet to Gomez,
Milford chronicle., 1963-08-09

Scripture Exodus 3:1-20 and
John 2:18-25. Mr.. and Mrs. HarrI
Swain, Jr. will be In charge O
the music.
10:45 am. Church School Ses-
sion. Harry Swain, Supt.; Franz
Reed, Asst. Supt. This Sunday
Mrs. Iris Swain will present the
lesson from the platform. Come
as a family this Sunday and enjoy
these hours of fellowship to-
gether. Vacationers are always
welcome.
6 pm. Evening Vesper serv-
Ice to be held at Slaughter Beach
Pavilion. Rev. Reppert will be
in charge. The public is cordially
invited.
Sunday afternoon, members OF
the Class Of Promise and their
families will enjoy their annual
f'weiner roast" at BroadkiIl
Beach. Time Of serving is set
for S pm.
Members of the Sunbeam Sun
day School Glass spent Tuesday
p entng at Rehoboth Beach where
they enjoyed dinner at the Avenue
Restaurant. Attending were: Mrs.
Elizabeth C1endaniel, teacher;
Mrs. rma Beebe, Mrs. Marian
Bennett, Mrs. Blanche Britting-
ham, Mrs. Joyce Collins, Mrs.
Berntce Campbell, Mrs. Wanda
Greenly, Mrs. Eric Hostedler,
Mrs. Lottie Jones, Mrs. Eliza
Lonand, Mrs. Rena Morgan, Mrs.
Kathleen Morgan, Mrs. MARCEL
Morgan and Mrs. Ann Watson.
Mrs. Ethel Worden returned
to her home in Takoma Park,
Washington, DC. after spending
the past three weeks with Mr..
and Mrs. Robert Worden and
family.
Mrs. Frank Byrd Of Prospect
Park, Penna. and Mrs. Pauline
Blanton and Miss Mary Tramp
ton of Chester, Pa, were guests
on Monday of Mrs. Katie Jewell
and in the afternoon all enjoyed
dinner at the Avenue Restaurant,
Rehoboth.
Mr.. and Mrs. Harry Swain, Jr.
and daughter Susan were dinner
guests on Sunday Of Mr.. and Mrs.
Hiram Taylor, Jr. at Smyrna.
Master Gary Hudson of Har-
oeson spent last week with uncle
and aunt, Mr.. and Mrs. Douglas
Morgan and family.
MIR. and Mrs. william Williams
and son George entertained at
dinner on Monday evening, Mr..
and Mrs. Lester Garbrick of
Centerville, Penna. and Mr..
Denise Garbrick and Mrs. Maude
Frick Of Milford.
MIR. and Mrs. Ross Carruthers
and daughter OF Hia1eah, Florida
and Mrs. Anna Carrathers Of Mil
ford were guests of Mrs. Hazel
Swain at Slaughter Beach on
Mrs. Matte Greenly entertain
ed over the weekend Mrs. Mil
ired Turpin of New York, and
Dr.. and Mrs. John S. Fetter and
daughters Carla and Sally of
Jenkintown, Penna. and all at
tended the wedding of Mrs.
Green1y's grandson, David Alvin
Jr. to Miss Charlotte
Louise Rapp which took place
n the Asbury Methodist Church,
Harrington on Saturday evening,
august 8.
Mr.. and Mrs. william Lowry
md son David Of Chester, Pa.
;pent part Of last week as guest
# MIR. and Mrs. Robert Worden
nd family.
Mrs. Boyce Short entertained
N Sunday Mrs. Fannie Nikl, Mr..
nd Mrs. A. Marshall and daugh-
er Ann Of Huntington, NY, also
dr. and Mrs. Harley Locates |
nd family Of Philadelphia.
Mr. and Mrs. ROLAND Peet
nd family Of Centerville, Del.
we're guests on Sunday of Mr..
md Mrs. Harry Swain at Slaugh-
er Beach.
Mr.. and Mrs. Jesse Phillips,
drs. Lillian Shockley and Mrs. |
rma Beebe returned home Sat-
rday after a two weeks tour Of
Jew York State, Canada, New
and the New England
Milford chronicle., 1963-08-09

The worlds greatest rainfall
recorded in one month was 800
inches, in Cherrapunji, India,
during July 1861.
Milford chronicle., 1963-08-09

A bolt of Tightening may cause
tree to explode or it may shat
ter it, or it may flash sideways
or run along the ground after
striking the tree.
Milford chronicle., 1963-08-09

In 1o49 Americans brewed 46
cups per pound of coffee
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
BUSINESS
BRIEFS

Rail Freight Loadings in the
week ended March 80 totaled
55S,611 cars, up a. per cent
from the previous week, but IL
per cent below the like week .
year ago. Assn. of American
Railroads.
Interclty Truck Tonnage In
81 metropolitan areas over the
Nation In the week ended
March 80 was UP 4.3 per cent
from the previous week, but
down or per cent from the like
week q year ago.--Am. Truck
ing Assns
Retail Sales across the Ma
ton In the week ended March
30 totaled $4.83 billion, up Q
per cent from the previous
week and up 7 per cent from
the like week a year ago.
Commerce Department.
Splegel, Incs March sales to-
tailed $26,0eT.2l0. up Q per cent
from. 1852; for 3 months $751;
247.753. up 10 per cent from
1862.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
BY JAN SJOBY
Associated Pres Staff Writer

STOCKHOLM.-The wallen.
bergs are legendary in Sweden
| Their portraits are seldom In
the newspapers, their faces are
seldom seen in public. They are
misty, distant figures to most
Of their countrymen. yet Their
decisions influence the lives OF
millions in Sweden and abroad
For the Wallenbergs quietly
control the powerful Enskilds
Bank Of Stockholm and
through it an industrial and H.
nancial empire that includes
ski bali bearings and q host
of other companies.
Present heads Of the Wallen-
berg family and the Enskilda
Bank are two brothers, Jacob
SO, and Marcus. So. From their
second-floor executive suite in
the banks sober gray-stone
edifice on the Kings Gardens
Park, they direct the bank and
industrial holdings in all parts
Of the world.
No one knows how. big the
empire is, But it's a matter Of
record that Jacob Is the chair
man of IS big corporations and
that Marcus heads II. To-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
Curtis Fight
Seen on Issue
OF Borrowing

PHILADELPHIA, (AP). - A
proxy fight is shaping UP al
Curtis Publishing Co. over q
management proposal TO re.
move restrictions on borrowing
1t was disclosed yesterday.
The issue is expected TO come
upat the April II annual meet
ing.
A four-man group seeks II
block q proposal by President
Matthew j. Culligan. which ir
effect would permit manage.
ment to pledge company asset;
as collateral for long term
loans without waiting for pre-.
ferred stockholders approval.
Currently, assent must bt
given by two-thirds OF prioi
preferred stockholders before
long term debts are undertaken
The opposition group, which
owns / 300 OF the 573. 1888 shares
OF preferred stock. has received
approval from the Securitie,
and Exchange Commission Il
solicit proxies for the meeting
and is expected TO file required
notice Of It's action soon with
the New York Stock Exchange.
Mr.. Culligan said the neeC
for removal ofthe restriction
from the firms charter is com,
pelling" In view Of obligations
incurred under s22 .lillion II
short-term renewable credits
obtained last fall.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
MeIpur Profits Up
ShurpIyL Year

Net income Of Melpar, Inc,
rose to $1.204,542 or 4S cents q
share in 1862. compared with
$746,316 or 80 cents a share In
the previous year. according to
the annual report from Edward
M. Bostick. president.
Net sales totaled S45, 753, 800,
compared with $36,24e,294 in
the previous year. Stockholders
equity amounted to S16,9o1, sos
at the years end. compared
with s15.777.057 q year earlier.
Current assets totaled 500
276.327 and current liabilities
amounted to S1O,56s,sOl at the
years end, compared with $i3.-
20s. 042 and s10.533.614. respec-
lively, at the end Of 1861.
The company. a subsidiary of
Westinghouse Air Brake with
headquarters In Falls Church,
Va. had 3.6l6 employees at the
year end. compared with 1897
q year earlier.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
MAGIC NAVE IN SWEDEN
Legendary WoIIenberg Family
Controls q Financial Empire

gether. they sit on the boards
Of so other firms.
The term "Wallenberg man
agement"( has something of q
magic ring to Swedes as q
symbol Of profitable invest
ment. Many q crumbling H.
nancial structure has been
shored up and successfully re-
built through Wallenberg In
tervention.
The success of the Wallen-
bergs has been ascribed to their
uncanny insight in financial
matters and their solid back
grounds In their fields. Before
taking over at the Enskilda,
Jacob and Marcus served long
apprenticeships at banks and
financial institutions in Paris,
London, Berlin and New York.
Another factor Is their ca
pacity for hard work. They are
normally in their office long
before any Of their staff men,
beers and they stay behind long
after closing hours.
The family, Of South Swed-
ish seafaring stock, gained
prominence In 1856 when one
time sailor Andre Oscar Wal
lenberg, inspired by the ideas
Of American commercial bank
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
INSURANCE RISKS TAKEN
Foreigners Get Business

suaded Federal regulations are
needed.
The amount Of surplus lines
insurance in Maryland is q
very small part of the business.
he said. adding I'VE do not
wish TO restrict our citizens
freedom to contract for their
own insurance"
To Check Soundness
Cameron Brown, president Of
George F. Brown & Sons, Inc,
insurance management firm of
Chicago. told Senators he felt
the industry needed both the
capacity Of foreign firms to
take on extra risks "and the
stimulation Of their underwrit-
ing adventures"
Conceding that appraising q
foreign insurance company's
financial soundness can be diff
ficult. even for q trained
broker. Mr.. Brown noted that
the National Association Of In
surance Commissioners is plan
ming to set up o Central Nom
Admitted Insurance Informa-
ton Bureau to help. In such
decisions.
The two-day hearings adj
journed yesterday without any
new date for further study.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
BY TRUMAN r. TEMPLE
star staff WritAr

A Senate judiciary subcom-
mittee yesterday heard severa,
insurance industry officials
testify that although million:
Of dollars q year in premiums
we're going to foreign concern:
there was no need for Federal
controls.
The hearings were ordered
by Senator Dodd, Democrat Of
Connecticut, to find how much
premium money was leaving
United States shores and wheth.
en- q Substantial gold loss" was
involved. The Senator's own
State claims Hartford as the
insurance capital Of the Ma
ton. e
American insurance COM
panies are now regulated In
most matters by the States
rather than by the Federal
Government.
A number Of foreign COM
panies. capitalizing on the un-
willingness or inability Of do
nestle firms to insure unusual
risks, have been able to cap
ture a slice Of the American
business.
Estimates vary on just how
much volume foreign firms do
here. but one witness yesterday,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
Gold StoekpiIe
Holds Unchunoed

NEW YORK (AP).-For the
fifth consecutive week United
States gold reserves held steady
In the week ended Wednesday.
the Federal Reserve Board re-
ported.
The last change in the gold
supply was a decline OF $50
million in the week ended Feb
ruary 81. The only other
change this year was a similar
drop during the week ended
January 10.
The decline OF 500 million
for the year 10 date compares
with a decline OF $3.50, million
for the comparable 1862 period.
At the close OF business on
wednesday. erserves amounted
10 si5.87S, 100000, still the low
est since MaX 1899.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
UNITED PAYS. AREA EMpL DYES
ZOO FOR Hell PFUL. IDEAS

How to make better curtains for airliners was the
leader among suggestions by washington-area employees
that them $4,000 from United Air Lines In 1861 the
company said today Sfsal@
Cas- Cooper Of Falls Church received the top award
Of 1915 for suggesting an improved method Of manufac-
turing curtains for viscount arners He mechanic
uphosterer at National Airport.
Awards TO Washington personnel for their ideas
on improving the aiylnes performance totaled $4,000
The company said the suggestions saved it about $4,000
during the year. Under its program employees received 10
per cent
\ Nationwide the awards amounted to $SeBiO W.. L.
Williams San Francisco mechanic received the largest
ssA95 for deysing method OF repairing hydraulic pump
components Wt
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05

ing which he had observed
first-hand In New York, or
ganized the Enskilda Bank
There was only one other bank
in the capital at that time, the
state-operated bank Of Sweden
The Enskilda became Stock
holm's first commercial bank
In the modern sense Of the
word. It encouraged deposits
by offering q fixed rate Of In
terest and 1t used the money
to finance the founding or re-
organizations Of q number of
key industries.
1t placed Swedish loans
abroad and foreign loans at
home and 1t connected distant
Sweden with the established
network Of international bank
ing. It offered at an early stage
most OF the services that today
are expected from q banking
house.
Despite It's International con-
nections, the Enskilda has kept
its character Of q Stockholm
bank. It has no branch offices
outside the metropolitan Stock
holm area.
Despite heavy engagement In
international finance, the wall
lenbergs have managed to build
an impressive record Of public
service.
A. o. Wallenberg's son Knut
served as Foreign Minister dur
ing the critical World War ]
days.
TWO other sons were ambas-
sailors and q fourth. Marcus.
ST., helped rebuild Europe's
economic system after 1918.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-04-05
6OReports Big Slash
In First Quarter Losses

Commission allowed the Gao
to take control Of the B6gO on
February 4, but unions at q May
81 court hearing will try to
upset this decision. and the
Justice Department wants the
case sent back to the ice.
But even an eventual mer-
ger with the Gao viii not
solve the B6so's basic problems
unless the BIO can lick"
traffic erosion. Mr.. Langdon
feels the best way to win back
traffic which has gone to the
highways and waterways Is to
cut rain freight rates even II 1t
means less revenues until the
effects Of the lower rates take
hold. .y4