European Stars and Stripes (Newspaper) - October 14, 1964, Darmstadt, Hesse Pew. 4 the stars and stripes wednesday october 14, 1w4comox Moy com nov. 1ottc w v Tiv of Ottar Cri .,rus8firmonu, a assassination United nations . Nana -. Financial crisis or ult the Money squabble . Peace keeping chores seems to be leading the world organization onto a Rocky path of either a general overhaul or potential ruin. However both Washington and Moscow have vested interest in keeping the . Alive. The nominal Issue is .solvency and the True Story centers around us future direction. Needless to say East West views Are diametrically opposed on both counts. Counting . Bonds and unpaid Bills the ill nation organization is about 8215 million inthe red. The soviets alone owes so million. The dilemma has Bee kicked duo us tap of Al nausea committee which has Only not ii to solve ii. From then a wet Ike Imp general As Semmy open Frasa Laytea to a record that us right to vote of Ike soviet Katoa Aid 11 other countries win be threatens to walk oat of he Assembly uphold uk1u. Interpretation of the Char Western View in general is that there should be no representation without tax the communist counter with cries that imperialist circles try to use the . To enslave the world and have the victims pay for it. Caught inthe Middle is the majority of 71 hive not nations which Havethe votes but not the Means. Above All they want to pre serve the East West balance in the . And the far neither Washington nor Moscow has budged fro their rigid positions. The underlying Issue i whether the . Wal eventually turn into a Mere debating society which soviet Premier Nikuma Khrushchev would like it to be. Moscow insists that no . Peace keeping May be ordered by anyone Els but the Security Council where a soviet veto already cast 102times, can frustrate any unpalatable Now says. In effect of let the 11-nation body try first but if Here is a veto the decision will be up to the 112-nation Assembly where a two thirds majority the latter group says Washington should also determine who pays How much. It wants big Ger contributors and the .pays almost half of All . Bills to have a bigger mathematical voice in spending the Money. This amounts to weighted voting which is anathema to Vest pocket size countries which pay Little but insist on saying much. At this Point. Moscow i clearly on the defensive and has started to stall. Through Bulgaria it now talks about a conference to revise the .charter if Washington insists on its formula. This would mean an indefinite delay. A two thirds majority is needed to Call such a conference to adopt charter changes and to ratify them by National Parlia ments. Meantime. It looks like the voluntary peace keeping fund now paying for the . Job on Cyprus will reluctantly stay in business. After new York a Steps taken by the United slates within minutes after the shoot ing of president John f. Ken Nedy to protect the Dollar have been recounted by a fiscal official. Charles e. Coombs vice president of the foreign depart ment of the new York Federal Reserve Bank Laid of the measures in a speech before the National Industrial Confer ence Board. He cited those an others taken at the time of the cuban missile crisis to support his belief that the International financial system is flexible Obj Portlow to on Tom Republican Johnson Likely to keep Mcnamara enough to handle any Forsea Able crisis. Y. As the news fro came Over the ticker said we were immediately faced with a Clear rtot3" Panicky Selling in the exch markets such As was develop it ing in Wall Street. It seem Clear to us that immediate an Large scale intervention by Reserve in the ism change Market was require in order to forestall such Favi Ula Tive developments by Pra Vic Tang firm Assurance of Flat continuity of Financial the time he said Federal Reserve held " More than til million Lent of foreign Exchange had no balance in som Porlant european current Washington up Rob Ert Mcnamara who already has served longer than any pre Vious defense Secretary except one is expected to continue i office if president Johnson is elected. No Cabinet officer appears Rostand higher at the White House than the 48-year old express Dent of the Ford motor co. Without commenting on me Namara s future Pentagon spokesman Arthur Sylvester described As bunk a published report that the defens Secretary was annoyed at allegedly being Cut out of Viet Nam policy making and would quit the Cabinet after the elec Tion. Republican nominee Barry. Goldwater has said if he were president be would Fin Mcnamara with whom he has had a running fight Over de sense policy during the Cam this would be unnecessary not Only because it is custom Ary for Cabinet members to de part with a change of administration but because Mcna Mara is known to reciprocate Goldwater s feelings. A onetime contributor to re publican causes Mcnamara has been a Stalwart defender of the Kennedy Johnson administration and has missed few opportunities to answer Goldwa Ter s attacks in the military Field. Last week after Gold Wutch Robert Mcnamara. Likely to stay common Market in tax reds Lead ij.s., so in orbiters of Earth by us associated press nine soviet citizens including a woman and four americans have orbited the Earth. Two americans have made suborbital flights. Hera la the record april 12, Ihl maj Yuri Gagarin of the soviet Union orbited the Globe once in 108 minutes. May 5, we Navy cmdr Alan b. Shepard jr., in a suborbital flight Omi Miles became the first american in space. July 11. Ill air Force maj Virgil i. Grossom made the second american suborbital flight Brussels up West germans pay More taxes than the citizens of the other five common Market common Market executive commission Survey has put West Germany at the lop of the nation list for the years 1957,1959 and 1961. The figures were reached by comparing All forms of slate and local taxes collected As percentage of the Gross National figures were drawn up by budget expert from Ger Many France Italy the Netherlands Belgium an Luxembourg and published in reply to a question asked by French Deputy Rene pleven. The experts found that West German fiscal authorities collected taxes amounting to 23.8per cent of the Gross National. product in 1957, 24 per cent i minutes and at one ume reported within three Miles of her space 1959 and 25.1 per cent in 1961 companion Bykovsky. An average of the three year oct. A 19mthree soviet citizens were orbited aboard a space showed the dutch As second hip the first to carry More than one person. Aboard were col highest payers followed in Konstantine Feoktistov scientist order by Luxembourg France Italy and Belgium. Told the annual conference of up editors that the Pentagon was planning to Cut out 90 per cent of Nuclear deliver capability Mcnamara called a news conference to reply. He said the Goldwater con Tention was so completely misleading so politically irresponsible and so damaging to our notional Security that i cannot be allowed to stand on the the scrappy Strong Wille Mcnamara became defense Secretary at the outset of the Kennedy administration. Of the seven previous secretaries since armed forces unification in 147, Only the late Charlese. Wilson served longer than Mcnamara. Wilson a former Genera motors president was president Del est d. Eisenhower s defense chief from Jan uary 1951 to october 1957. During his tenure Mcnamara has increased defense spending from 44.7 billion ini9d1 to 152.3 billion in 1984. With an estimate of 131.2 billion for1065. The number of men in uni form has been increased from2.484.000 in mid-1961 to 2,696,000 in mid-1984. At the same time Mcna Maro Bas acquired a reputation for economizing. He says savings in the Yea ended june to amounted to feb. A my America s first Man in orbit. Marine i col John h. Glenn jr., made three orbits covering 81,000 Miles in nearly. Live hours. My my Navy it cmdr Malcolm Scott Carpenter. In a Jug similar to that of Glen stayed up for three orbits covering 1,280 mum. Aug. Ims lm2i a Andrea nth Losyev first of the soviet Union s twin fliers made m orbits in m hours and is minutes. Aug. 12-15, in it col Pavel Popovych the other twin looped the Earth 48 times in 70 hours and t7 minutes. Ott to the nary cmdr waiter at. Set Lorn or. Duhm Ike americas record comp Mutaf six Orris la Aloe bears Aad 11 Hay 15-16, let air Force a Leroy Gordon Cooper jr., the american record Holder made 22 orbits in m hours and 20 minutes. His flight covered b5, pm 14-11, iwo it col Valery f. Bykovsky of the soviet Union set the record with a flight of 82 orbits in 11 hours an six minutes m minutes less than five Days. June it it. Ims Valentlna Teres Kova of the soviet Union the lint woman in space completed 49 orbits in 71 hours and 22 a my. Simsa 1411, in a a i univ Mav Ladimir Komarov the Pilot Konstad or. Boris Yegorov a phys Lda also he said the crisis at a difficult time because the european Central Banks hat just closed and their directors were Between their office a Rhomes. In View of the a situation Coombs we concluded that we afford to wait and inv mediately placed in the Marks 5large offerings of various european currencies at fatal identical with those prevailing immediately before the presi Dent s assassination last not 22 in Dallas. Within an hour All of be Central Banks concerned hat agreed on a concerted co onus noted approach he recounted i they made it Clear they pressure on the Dollar and the markets remained quiet. J these successful defense of the Dollar ugh nil crises a said make it obvious that Tbs International monetary a i Range mint set up at pretax Woods make unnecessary adj Radical transformation of present International i col i Ogwal f. Smith j Elmer o. Frank Terv Epstein Clatt Ulith Germany r�,T.rr"Tvaum, a port so Amarai �?s2? 2�"" Ihm might Xhu ,., T. He two he Oermann dorm met. I is is. In Virk m. . Walk Stussi j1 in. O. Pm ome Ty., s.? 11"
