European Stars And Stripes (Newspaper) - March 31, 1962, Darmstadt, Hesse Log 4 the stars and stapes . Devises two ways to fight increasing w to .,.,r. 7 by Frank Cormier Washington a the out flow of Gold from the United states is increasing again and threatens to run Well ahead of 1361 Levels. Monetary authorities Are experimenting with two promising countermeasures. The Treasury announced that foreigners bought $100 million of us Gold in the past week. That boosted March sales to $180 Mil lion compared with $99 million in the first two months of the year. Gold sales in 1961 totalled $857 million and All signs Point to a heavier outflow this year because of the strengthened International financial position of Britain traditionally a heavy buyer of american Gold. The situation is causing concern in official quarters because the out Ward movement of Gold in recent years has reduced the total . Supply to a 23-year Low of $16.6 Bil lion. Ironically while Gold sales threaten to increase there is Noth ing to indicate yet that the coun try s balance of payments deficit will exceed the 1961 level of $2.5 billion. The january March payment deficit is expected to total about $1.5 billion on a seasonally adjusted basis compared with $1.4 billion a year earlier. Knowledgeable financial sources said that despite the unfavourable Gold Outlook the United states is hopeful that sales will be held to 1961 Levels through the use of two techniques the Treasury and Federal re serve system Are ready to Deal aggressively in foreign currencies. Kuby figures hiding in an Aulo i Buenos Aires shortly after deposing presi Dent Diioro Frondizi Are the men who misted him Gen Raul foggy army com Mander left rear adm augustan Penas naval chief cent Erand Brig Cayo Antonio Raisina air Force commander. The Man who stepped into the presidency is Jose Maria Guido right photo president pro Tern of the Senate and legally in line for the was persuaded to take the presidency by the country s military leaders. Argentina s reluctant new president by United press International Jose Maria Guido. The acting head of the Argentine Senate picked by the military to take Over the reins of the government from deposed president Arturo fron Dizi apparently is stuck with a Job he did not want. After considerable coaxing by the country s military leaders Guf do bowed to their wishes and decided to take the presidency. I have decided to assume the responsibility of the Post which i occupy by assuming the presi Dency Guido said. I belong to generation that is sacrificing it self politically for the great objectives of the a few months after Frondizi assumed the presidency in May 1958,vice president Alejandro Gomez resigned and was never replaced. That left Guido who became pres ident pro Tern of the Senate first in line for the presidency. When Frondizi visited the United Stales in december 1958, Guido took Over the government in his absence. Again in june i960. Guido stood in for Frondizi when he went to Europe. But Guido always insisted he would never accept the presidency permanently. The 51-year-old Guido Wear glasses. Is 5 feet. 3 inches tall heavy set has dark hair and a re ceding hairline. He is a close mouthed individual but is said to be hard to Sway whenever he takes definite stand. Two years ago when Gen Carlos a Toranzo Montero attempted to overthrow Frondizi Guido appeared before a group of generals with tears in his eyes and pleaded with them not to put me into such a Guido is known As a Man who likes Good food. During Frondizi s absences abroad he would invite friends to Dine in the government House. He drinks mate Argen Tine Herb Tea mixed with Whis key. Born in Buenos Aires Guido was graduated from the Law school of la Plata University in 1940. He plunged swiftly into politics joining the Radical party and served in various posts until 1946, when he moved to Rio negro province and became vice president and then Secretary of the Provin Cial party committee. During 1954-55. He served As Secretary of the Radical party while the flies of Texas Are upon you Washington a the government is Batching plans to pro Duce 75 million flies a week and turn them Joose in Texas. It is also planning to add to the Iron Bamboo and other curtain dividing nations a Fly curtain be tween Mexico and the unite states. What the government has in mind is eliminating a livestock pest the screw worm Fly that is costing Western cattlemen about$125 million a year. In its larval stage the Fly feeds on the flesh of cattle. It can kill a Newborn Calfin a week. The idea is not new. It was use with Success a few years ago in Florida. But it has never been tried on such a scale and in country without the natural barriers of Ocean and Gulf that Florida has. How do you eliminate flies by producing them at the rate of 75 african envoy hails Progress against race Bias in America Washington up an Afri can Diplomat said at the White House he is leaving the United states satisfied that Progress is being made against racial discrimination. Ambassador Abdoulaye Maiga of Mali speaking to reporters after paying a Farewell Call on presi Dent Kennedy said he found the United states had open minded Ness and great frankness about its problems. A must confess Manga said Are that in this country there Many problems to be but Maiga snid the United states is making friends in Africa by making Progress in eliminating racial discrimination. Haiga. Who is heading for a new assignment in Prague gave credit for Progress to the attitude of the . Government and people. He said it also has helped to have an influx of african diplomats in United states million a week science and sex Are the answer. It seems a mate screw worm Fly rendered sterile by radiation is just As interested in female screw worm flies As his untreated Broth ers and she in him. Flood an infested area with sterile males let nature take its course and pretty soon no larva no flies and no problem. The department of agriculture which already is producing 10 Mil lion sterile flies a week and Loos ing them on unsuspecting females in Texas wants $3 million to expand the program at once. Its re quest was made Public by a House appropriations subcommittee. The harsh Winter in the South West has probably killed a Jot of the flies the department said and if it moves in now on a big scale the problem will be that much simpler. This will be no Fly by night scheme department witnesses said. Once the flies Are eliminated from Texas new Mexico Oklahoma and other infested areas millions of irradiated flies will be dumped periodically in n 50-mile path along the Rio Grande River to intercept any females flying up from Mexico. Frondizi was its president. Guido along with Frondizi was the moving Force behind the split in the Radical party which divided it into intransigent and people s factions. In february 1958 Guido was elected to the Rio negro Legisla Ture. The legislature elected him to the National Senate. He was elected vice president of the Senate in May of that year and became president pro Tern when Gomez was forced out of of fice in november 1958. Guido is married has two daughters and lives in a downtown Buenos Aires apartment. Things informed head off an of Gold its Here Iscon assume thai lion. In a to use to Treasury of buy or amount of the British Britain s dollars there would be for dollars instead Gold. A number Banks have understanding the United states in the London ayin for More than iof England a 1 London to keep a lid on to discourage Ever the British its Market sales ing Bullion from under one plan which la Tain other european Pear willing in an Supply some of the go this operation on the us the Gold Ai directly to the merits picture deficit represents the Between the amount of King the country and amount coming foreigners extra Doe May use to buy us. Here is the a Why Gold time when the payment stable Britain the biggest had a Large through the first eight1961 and was in no make purchases. Truf ments deficit at the balanced by countries i tonally buy less Gold f monetary reserves. Early in 1962. Britain i Ning a payments surplus has resumed Gold United states. At the the surpluses of of which place less have in some cases. Woman edition col Hograv r. Smith jr., Uia. It col John 1. Caus wild Usa a mho my flt Timu d. P1amc Winiy Laul do Tutoky of news Sut Faus go Many Entrot activity Hom a. Cob. N.w., Jock Emir Sawh Ralph Kynan done met c 73364 it stuff m 741, two Rufy Gujt la 04fb-273, 04189.284 stunt Watt Wyllian c . C 84315, m 7295? a 7-23407 atm Tutti Rob How cd 493648. M 8356 hta 3-23884 Root till Hnry 1. Kraft cd 433mt.l.x 044-72 a Ifni Comet Guntor cd 744610 a ii to tall my Kwh Viken 2333, or 471, 473�r0300-2848? Fiance Farhi Marlon p. Oudt Brod. Co 4400, a 44ft of 2 Spain Walton ton cf83-90, a 7753 4 23ji, 02087-7793 Wiki choir of lieu latin of ice inc and London Leihy port at my it its or Tudd Tongfen Tam . Huttt. Fair 753m, 7m5 h a null Sci. Pm a to Telov my 14. Tit. Watt cow 4-1000 a he of to vat hip Loffle m non a Imron a March 3, 17
