Monday, May 10, 1971
Other monies surge
I ft
liar comtinaees to sink im tmmpe
UiMLli
The Daily Tar Heel
West Germany set the mark free
Sunday to float to a higher level of value
in relation to the U.S. dollar. Within
hours Switzerland and Austria revalued
their currencies upward and Holland
allowed the guilder to float. The
immediate effect was to cheapen the
dollar in those nations.
The moves came swiftly after the
Common Market reluctantly gave
permission Sunday for its member
states-including West Germany and
Holland to allow their currencies to
float in order to ease the international
monetary crisis. Switzerland and Austria
are not Common' Market members.
Shaw president
pleas for funds,
fearing collapse
RALEIGH-The president-elect of
Shaw University Sunday preluded his
administration by issuing an urgent plea
for half a million dollars in operating
funds.
In a text prepared for his first major
policy speech to the predominantly black
student body, Dr. J. Archie Hargraves
said .'The need is for money hard cash.
We need it right away."
He said faculty and staff members had
already pledged 15 per cent of their
salaries to Shaw during the coming year
and he had requested 200 persons to
donate $1,000 each. Also, he said he will
seek i $500 apiece from 500 "friends of
Shaw" and $100 apiece from 2,000
others.
"And we will take the widow'mite
from all casual acquaintances the youth
in the street, the hustler on the corner,
the poor and the derived who have a
stake in Shaw's survival," he said.
Hargrave said the school, one of the
largest and oldest private schools serving
the black community in the South, is
"not now at a state of collapse. We are,
however, experiencing severe financial
difficulty. We have to take drastic steps
to meet this crisis."
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"It is hoped this will assure an outflow
of the dollar flood and stability for the
German economy," West German State
Secretary Conrad Ahlers said of Bonn's
decision.
Swiss President Rudolf Gnaegi said the
Federal Cabinet decided to revalue the
franc upward seven per cent from its
current parity of 4.3 7 -to the dollar to
4.08.
Austria decided to revalue the schilling
by 5.05 per cent, the Austrian National
Bank said. Following the reavaluation,
one U.S. dollar now equals 24.75
schillings compared to 25.82 before.
The Common Market's permission in
Brussels came after 20 hours of debate
which ended Sunday. It was viewed as a
compromise after the nations could not
agree on a joint action to tackle the
financial crisis. But the six member
nations agreed to blame U.S. economic
policies for the complex situation.
West Germany had said it would float
the mark regardless of the decision of the
meeting, and asked its five
partners-Holland, France, Italy, Belgium"
and Luxembourg-to follow suit with
their own currencies.
France refused flatly and the other
nations did not commit themselves at the
time.
At The Hague, Swiss Economics
Minister Hendrik Witteveen announced
the floating of the Dutch guilder, a move
that had been anticipated to prevent the
"hot money" of speculators from shifting
to Switzerland if the German mark was
floated.
Both the mark and the guilder will
now be fixed at a new parity with the
dollar to be determined by supply and
demand.
The revaluation of the Swiss franc was
the first change in one of the world's
most stable currencies since it was
devalued 30 per cent in 1936 after a
worldwide financial crisis.
World news in brief
Lockheed tries
to get engines
LONDON Daniel Haughton,
chairman of Lockheed Aircraft Corp.,
flew to London Sunday to try to
renegotiate a contract with Rolls-Royce
to provide Rb21 1 jet engines for the U.S.
Tristar Airbus. He said he was optimistic.
The British government has agreed to
provide $288 million backing for. the
RB2 1 1 , but only if it can be guaranteed
Lockheed, which is building the airbus,
will remain solvent. Houghton declined to
say whether he expected - a concrete
answer on the future of the Rolls-Royce
engine. "There are some things that have
to be done which we will keep working
on," he said.
Rolls-Royce declared , bankruptcy
earlier this year and Lockheed has come
dangerously close to it. President Nixon is
trying to gain congressional approval of a
$250 million loan to the ailing American
firm. Houghton conceded there is some
congressional opposition to such a loan
but that "I think the base is good enough
from all angles that Congress in their
wisdom will decide to approve it."
He shrugged off reports that congress
might demand the RB2 1 1 engine be
scrubbed in favor of an American-built
power plant for the airbus.
Pontiff salutes
youth protests
VATICAN CITY-Pope Paul VI
Sunday hailed young people who carry
out symbolic and altruistic protests,
calling them prophets with a spiritual
strategy which can change the world.
The 73-year-old Roman Catholic
pontiff said their form of protest
contrasted sharply with the alternative
"belligerent, decadent and selfish" forms
of protest.
He spoke to about 100,000 young
men and women who detoured to St.
Peter's Square during a fund raising
march on behalf of underdeveloped
nations.
"We salute you who with a new
spiritual strategy prefer action to protest,
that is positive action, constructive and
altruistic action, instead of negative
protest which is belligerent, decadent and
selfish," the Pope said during his
traditional Sunday noontime blessing to
" pilgrims, tourists and the youths.
He said such marches were a sign of a
new conscience maturing in the world
and a sign of growing solidarity among
mankind.
The march, sponsored by the
"Outstretched Hands" movement and the
U.N. Food and Agriculture Organization
FAO, was so huge it took participants
more than four hours to stream into St.
Peter's Square. Some marchers arrived an
hour after the Pope spoke.
The march, one of scores in cities
around the world, was 16 miles long and
ended with a ecumenical service at the
ancient Roman baths near the Colosseum.
2 immolations
lead . to cur f e w
.-Ti
SAIGON Allied forces in South
Vietnam shifted back to normal combat
operations at noon Sunday following a
24-hour truce while U.S. Air Force B52
bombers delivered their heaviest raids
over supply trails in Laos in almost two
months, military sources said. -
Two young Buddhist militants-a
17-year-old nun at Cam Lo and a
24-year-old monk at Hue-burned
"themselves to death Sunday, the 2,515th
birthday of Buddha. Military authorities
ordered American servicemen off the
streets in Hue after dark following the
immolations, the first such acts in South
Vietnam in four years. National Police
said the suicides were protest against the
war.
Two Americans and 53 South
Vietnamese were killed during the
24-hour allied cease-fire in observance of
the religious occasion. Military
spokesmen said 34 enemy soldiers died in
the 5 1 Communist violations of the truce.
The B52s were prevented from
bombing South Vietnam during the truce,
and shifted their might to Laos, where
nearly 1,000 tons of bombs 'were dropped
on the Ho Chi Min trails lacing the
panhandle region.
Marchers raise
millions for food
WASHINGTON The American
Freedom From Hunger Foundation said
Sunday about 600,000 persons took part
in the second day of its "international
walk for development" demonstrations
around the nation.
The organization sponsoring the
campaign for donations to charitable
projects and to provide food for the poor
said it estimated that 4.8 million was
.raised Sunday,. An estimated 1.25 million
was taken in Saturday despite rain on the
east coast.
A spokesman said 115 of the walks
were held Sunday, and there were 1 13 on
Saturday. Participants mainly were young
people about 80 per cent of them of high
school age.
The spokesman said the money would
be divided equally between self-help
projects in the United States and
SUMMER: J
Looking for a job this summer where you can make better than average
earnings and not have to sell door-to-door or house-to-house? ALL of
our past students have made at least $1500.00 and some $3000 or
more. The "Lewis and Clark Expedition," a division of A.A.E; will be
interviewing for students to self youth and contemporary gift and
accessory items to boutiques, gift stores, and dept. stores in major areas
of the country, especially the South. You must have a car, but "sales
experience" is not necessary. Contact the Placement Office for further
information and an interview on May 1 2.
overseas.
i
Soyuz crew
appears on tv
MOSCOW-The Soyuz 10 cosmonauts
were the stars of an hour-long television
program Sunday," re-stating the official
assessment that their flight went without
a hitch.
BUY BAR-BQ
BUILD A PLAYGROUND
For The New Frank Porter
Graham School.
Buy Tickets At: Ledbetter-Pickard
UNC Student Unon
Space agency prepares
second Mariner launch
CAPE KENNEDY The space agency
prepared a second Mariner television
scout Sunday for launch toward Mars
May 18 while opening a hurried
investigation to find the cause of the first
$77 million failure.
Gen. Vladimir Shatalov, Alexei
Yeliseyev and Nikolai Rukavishnkov
answered routine questions on the
objectives of the April 23-25 mission and
watched a variety show of music and
acrobatic acts performed in their honor.
Shatalov, the flight commander, said
the mission had achieved its objective of
testing docking techniques with the
unmanned Salute sputnik as a step toward
eventual creation of manned orbiting
laboratories.
Scott to open
forum on aging
RALEIGH Gov. Bob Scott will open
the North Carolina meeting of the White
House Conference on Aging with an
address here May 21.
Plans for the session were announced
Sunday by the Governor's coordinating
Council on Aging which is sponsoring the
meeting.
It said the gathering later this month
will climax more than a year of
"grass-roots consideration of concerns of
the older citizens."
Fourteen areas of special needs of the
older citizens considered in forum
meetings and regional conferences over
the past year will be finalized in the
two-day meeting. The areas include
health, housing, income, nutrition and
employment. . , -
Other speakers during the conference
include Sen. Thomas F. Eagleton of
Missouri on Friday night and Dr. Donald
P. Kent, head of the department of
sociology at Pennsylvania State
University, at the closing session on
Saturday.
Georgia leads
in moonshining
WASHINGTON Georgia continues to
lag in many areas of development, but the
state seems destined to retain permanent
eminence in at least one field of
endeavor moonshining.
The quarterly reports issued by the
U.S. Treasury Department say:
Moonshiners consistently have put the
state at the top of the illegal booze
industry.
If Georgia's backwoods distillers are at
least as clever as those in other states in
avoiding getting caught, then Georgia is
the undisputed moonshine capital of the
world.
THE WORD iS OUT ON
DON NY HATHAWAY
I BELIEVE TO MY SOUL t-
v.-.-. v . ..
VOICES INSIDE (EVERYTHING IS EVERYTHING)
JE VOUS AINE (I LOVE YOU)
MISTY SUGAR LEE TRYIN' TIMES
THANK YOU MASTER (FOR MY SOUL) THE GHETTO
TO BE YOUNG. GIFTED AND BLACK
I II i " H t II I I I
(-..r-lllf-'lr
I WLUMlJIillU J . I
J ; : J
&s f Mill :-::-ar
1 1 1 1,1 1, J ul i i I M ....... ..
- 's
- fgi
GIVING UP A SONG FOR YOU LITTLE GIRL
HE AINT HEAVY, HE S MY BROTHER
MAGNIFICENT SANCTUARY-BAND, SHE IS MY LADY
I BELIEVE IN MUSIC TAKE A LOVE SONG
PUT YOUR HAND IN THE HAND
- The word is out on Donny.Hathaway.
A few weeks ago. the superb composer-singer
Carole King picked up eight
copies of Donny's first LP (" Everything
Is Everything.' produced by himself)
and distributed them to her heaviest
pals and gurus such as Lou Adler and
James Taylor with the exhortation to dig.
The next portent came at Aretha
Franklin's recent epochal appearance
at the Fillmore West, where she and Ray
Charles were rapping backstage about
Donny, who. in their modest opinions is
just about the "baddest" new entry on
the scene.
And a few days later, at the Criteria
Studios in Miami, superstar Steve Stills,
working on his new album, sounded me:
Hey. what's the chance of Donny
Hathaway coming down to pick on my
album?"
The word is definitely out.
The liner notes to Donny's first LP
inform us that he (1) Was born in Chicago
in 1945 (2) Attended Howard University
(3) Played his first music jobs in the
Washington. D.C. area (4) Then achieved
heavy acclaim in the trade for his singing,
playing, arranging, composing, and
producing for such as Roberta Flack.
Curtis Mayfield. Jerry Butler, and others.
Here at Atlantic where we have had
the privilege of working with Ray Charles,
Aretha Franklin and OtisT?edding. we
are daring to hope that Donny eventually .
may join them in thespeeia! pantheon cf
those specially gift'pd few who:
Smg the best, r
Play the best. '.
Compose the best.
Arrange the best.
As for hs string, horn, and choral
a-.ingements. please I sten to the soul
svenng instrurnen'al interlude in Giving
Up where first King Curtis" tenor sax
break lifts the record to a new elevation
followed by a string ensemble that takes
it yet higher aga'm climax upon un
believable climax. When I played his
Little Girl side for its writer, the wonderful
Billy Preston (great artist that he is in his
own right), Billy was transfixed by the
record Donny's singing, keyboard
playing, and fantastic arrangement for
voices and strings.
And I would like to be there when
Bobby Scott hears what Donny does with
He Ain't Heavy, the definitive soul rendi
tion that a lot of people I know have been
waiting for.
I have been playing the aibum for some
weeks now for friends, family and col
leagues, and the reaction is always the
same: joy and stunned disbelief. We are
in great hopes that this portends a wide
acceptance by an appreciative audience
for Donny Hathaway and this album,
produced with abiding love, meticulous
care, and. we dearly pray, impeccable
taste.
My special thanks to our own King
Curtis, who found Donny Hathaway at
a trade convention and who brought him
posthaste to my of lice. And the same to
our own Arif Mar din who split vi!h Donny
the arranging chores, coming through
with his usual brilliance and unfailing
musicality. Listen to the flutes and cellos
on Aril's treatment of Leon Russell's
ineffable A Song For You. and I think you
will see why Aril's is probably the fastest
growing reputation among the new breed ,
ct arrangers and musicians. And thanks,
deeply, to our great rhythm section:
Cornell Duprce on guitar. Chuck Raincy
cn bass, and the legendary A! Jackson,
who came up to New York frcm Memphis
to handle the pvrcuss-cn.
JERRY WEXLER
A quick solution was necessary
because the puzzling red planet will move
out of range for a shot from earth June
16 and the Atlas-Centaur rocket will not
have enough power to propel a
2,200-pound mariner toward Mars for
another 17 years.
Two spacecraft were built for the
current firing period as insurance against
just such a failure. The SI 53.6 million
project was to open an ambitious U.S.
drive to explore all eight other planets in
the solar system this decade.
Scientists were counting on the
Mariners to orbit Mars for the first time
and map 70 per cent of its surface. The
satellites also were to search for potential
exploration sites for two Viking robots
set to land on Mars in 1976 in a search
for life.
Mars launch opportunities normally
come every 25 months, but the planet is
now making its closest approach to earth
in a 17-year cycle. It is 78 million miles
from earth now and will be 35 million
miles away in August.
Engineers narrowed the cause of
Saturday night's Centaur upper stage
rocket failure to an electrical flaw in the
rocket's autopilot control system. But the
precise location and nature of the
difficulty was still a mystery.
"It will take a lot of detailed analysis
and many hours of work to get in and
pinpoint the location of the thing," said
Seymour C. Himmerl, director of rockets
at the Lewis Research Center.
"Everything on the bird was tested out
very thoroughly, both at the factory and
here at the cape and yet we had a
malfunction." .
He said a delay in the second
launching could be called if the probe
turns up a weakness that will have to be
corrected in the second rocket. The
Mariner represents a $65 million
investment and the rocket cost $12
million.
The first AlA- minutes of the mission1
went . perfectly. But trouble struck just .
after the Centaur stage's two engines1
ignited 92 miles above the Atlantic.
Instead of keeping the engines aimed
properly, the autopilot let them swing to
one side and the 48-foot stage flipped out
of control. This violent maneuver shut
down the engines and the rocket and its
spacecraft tumbled into the ocean 900
miles southeast of the cape.
Routes harmful,
ecologist says
DURHAM-A report by a Duke
University forestry student and an
ecologist contends that each of five
alternate routes for the proposed
Interstate 40 link between Durham and
the Research Triangle Park would result
in environmental damage.
The University reported Sunday night
that the report by graduate student
Tobey Pierce and Dr. James E.
Wuenscher, professor of forest ecology
had been sent to the State Highway
Commission.
The report said that alternate route
four, following 1-85 through Durham
from the West, is the only "feasible
route," but added "none of the proposed
routes" can be endorsed from an
environmental standpoint.
The report said that in each case,
forest areas would suffer from highway
construction.
r.
SOME PEOPLE
EVEN COME
HERETO STUDY.
But There's More To Do Here
Than That. Pinball & Bowling
Machines. Pretty Fair Juke
Box (Wre Improving It
Every Day) On Free Play
Most Of The Time. Friendly
Card Games. Conversations
With Some Pretty Interesting
People Artd, Of Course, Beer.
Li U ii L ?y y-uNwiA
WHEN THERE'S NOTHING
ELSE TO DO.
ON ATCO RECORDS & TAPES
(TAPES DISTRIBUTED BY AMPEX)