European Stars and Stripes (Newspaper) - April 16, 1965, Darmstadt, Hesse Friday april 16, 196s the stars and stripes Page 23 Willion restates support of Pound de Gaulle Gold policy assayed new York a prime minister Harold Wilson of Brit Aln has restated his government support of the Pound expressed the Hope of ending Britain balance of payments deficit by next year and criticized the monetary views advocated by French president Charles Degaulle. In p speech wednesday before the economic club Wilson re viewed his government s and inflationary efforts and its Campaign to expand the nation s exports u eliminate a balance of payment deficit which reached nearly 12.2 Union during -1m4. This year Wilson said we expect to go most of the Way toward eliminating it. Next Yea we Hope to finish the Job com restated the labor gov ferment s unalterable determination to maintain the value of the Pound and All the values that depend on without specifically mention ing de Gaulle or his recent advocacy of a return to the Gol Standard Wilson said this View was repudiated is years ago inthe writing of economist John Maynard also emphasized that the world s monetary problems Are too important an Issue to be come a part of the Small Chang of any undeclared conflict for leadership and Power within the Western Alliance Wilson stressed British support for the Kennedy round of Gen eral Tariff cuts to broaden world Trade and at the same time prevent the tragic consequences of a further hardening of the economic do Vyrlon of Europe Wilson said his government i determined to achieve a saving f 1140 million o 1280 million inc seas military expenditures including savings stemming do etly from his recent talks with he West German government. He said efforts would by Marclo change tax Laws so that they would not discriminate in Favoron investment overseas at the of Domestic economic Paslon and increased productivity especially for the Export Market discussing recent controversial cuts in the British defense pro ram Wilson sold Royal air orce transport requirements will be met with cd aircraft and that f4 phantom fighters will be used Stead of the vertical take off p11b4. Stock Market bounces Back after profit taking losses new York a the Stock Market had a partial re covery in late trading thursday and finished in a mixture of plus and minus list was lower for much of the session As profits we retaken i Advance of the easter weekend. Late in the Day How Ever a number of losers came Back vigorously and others Cut their losses. The averages had been making record closing highs for three it alight Days and the Market had Strung together six straight Dally advances. Analysts noted that pause inthe Spring rally was overdue and that the approach of the ions easter weekend was a logical reason for traders to even up their positions. Sentiment May have been dampened somewhat by news that several Banks including Chas Manhattan had raised the inter est rate Tor brokers Loans to 4%per cent from 4m per cent effective april ii. . Stock Market prices my Mill pit Polar old stay Mortn it a Rich mtr out thin. a. Tam hmm 7i�w 4ki.7i i. apr. M a r. Mid asked bid ims us Sui 0.40 11.h u1 of tilmj7 Tim. 11.1 1t.11 w.11ml u 0.0 i h.t7 11.77h-ll 17.40 lbj5 Brandt meet president reaffirms . Stand on Berlin . Output sets biggest gain in years Washington up .production of goods and services Nade in biggest Lump in More than three years during the first Quarter of ims the Commerce department reported. The big gain was All the More beneficial to the Economy be cause prices during the period Rose Only moderately the re port released wednesday Gross National product or Gnu As the economists Call it Rose to an annual rate of Smi ill Lon 114.5 billion above Theourtha Quarter of 1h4. A Boom ing Auto output was a big Factor. Crammer led Advance Gnu u the most widely use measure of National economic strength. It u the Over All total of what consumer spend for goods and services like ref Roger tors and permanent Waves Inhat businessmen spend for Nev equipment and what the govern ments spends for the goods Ander vices it needs. Consumers provided the lion share of the first Quarter and Vance. Increasing their Pur chases at a rate of 111.7 billion. Record letting Auto sales were dig Factor As the Industry bounced Back from last fall strikes. All other consumer 11 n e ii owed significant increases the department outlays advanced by Tolj billion follow big three quarters of decline Las year. Businessmen added $1jtrillion Worth of new equipment and to million to inventories steamship Atlantic will be a one class new Yorks a starting with in april 21 voyage from new York the steamship Atlantic will be All one class american Export lines announced. As a result of the change some fares have been increased minimum one Way fares no stand at Smi during the High season and s2t8 during the of season. From pres Washington president Johnson and West Berlin mayor Villy Brandt met for 25 minutes wednesday in a conference that was Deu Yed nearly an hour by he president s Day Long swing through the midwestern flood and Tornado areas. The two conferred at the White Louse immediately after or. Ohnson arrived by helicopter ram Andrews fab md., follow no his tour of the disaster of. Sources said or. Ohnson reaffirmed to Brand the american determination to defend the rights and Freedom of the people of Berlin. Re also told Brandt the officials said hat the United states would Eon Niue to seek a lasting solution tothe German problem. Brandt told the president about St week s East German and soviet harassment of Berlin an the people s reaction to it the sources said or Johnson expressed his admiration for both he courage and the Resolution of the West Berlin population. The West Berlin mayor who is in the United states on a 10 Day visit told reporters that he expected the West German parliament to meet again in Ber in As u did last week in the move that provoked the soviet and East German harassment of the autobahn and the City Ataa eavers claim the Day win coma when the bundestag win meet there continuously because that u wherein belongs he said. As mayor of Berlin 1 must insist on the right of the Only freely elected parliament i Germany to Meetin Brandt said in response to question that he prefers the russian explanation for Las week s incidents on the Access routes to Berin. The russians Hare called said the military a Nevers in the Berlin area cause them to Stop traffic on the Auto Bahn and they never mentioned the Berlin session of the bundles m in favor of this thesis but by mane vering with a Nevers one also can curtail rights of Access he termed the East Ger Man version that the harass menu were staged in retaliation for the bundestag meeting Al most the right of free movement and of free speech should not be denied under such a pretext he said. Asked about the chances of new initiatives in Moscow of Barnes and Exchange Are closed today All us. And Canad i stockard commodity exchanges and Banks will be closed Good Fri Day. The new York foreign Exchange Market will be open. Dispatches German reunification. Brand strongly hinted that some kind of a declaration restating four wer responsibility to unify the to parts of the country might to forthcoming on May 8. 20th anniversary of nazi Germany defeat. There is a Good Deal of Talon new initiatives Brandt said. Marines Hurt n Viet Nam get medals Honolulu up five marines in route Home from the fighting in South Viet Nam. Have received purple heart medals from the commander of the Pacific Fleet Marine Force. 14 Gen Victor Krulak whose Lead Quarter u located at Camp Smith near Pearl Harbor warded the Hospital plane when t arrived at Hickam a Force base to Greet the marines and present their were taken to nearby Tripler general Hospital to spend he night before resuming the journey to Travis air Force baseboard an Atar Force c12s. The marines Are first it daled. Eddy. 27. Of Tustin Calif. S sgt Billy Owen 21, of Dayton Tex. Sat cell a. Graner 2t, of Santa Ana p. , jr., 22, of Bullings Mont and Cpl Joe Gonzales 22, of Dallas. Eddy Owen Garner and mine were injured when their Heli copter was shot Down March 21south of South Viet Nam s a Nang airbase. Carrier fire kills Navy enlisted Man Washington up Anavy enlisted Man has been killed in an Engin room fire aboard the aircraft Carrier Ranger in the South China sea near Viet Nam the defense department announced. The Carrier with damage to one of in four engine rooms Wingo into Sulc Bay in Snep mlle Pines for Pentagon identified the Man As fireman apprentice Chester Stattum son of or. And mrs. Allen St stun. Of Rayule la. The announcement said there aboard the ship was caused by a ruptured Felune. Margareta s daughter name London a -3rhe girl born Here wednesday to Princess mar Gareta of Sweden and her Hus band British businessman Joh Nambler has been christened by Bella Louise. . Frees one Liuzzo murder suspect Montgomery Ala. Up the Federal government has dropped its Case against one Olour men arrested in connection with the death of civil rights worker mrs. Viola . . Commissioner Jame Gultery signed the dismissal order in Montgomery at the re Quesi of assistant District at Torney j. 0. Man Gary Thomas Rowe jr., had been accused of Violat ing mrs. Luzzo to civil rights. He was arrested shortly after the ambush shooting of the Detroit woman near Lowndesboro Nomarch 25. Three other suspects William Orvllle Eaton Collie Leroy wll Kins or. And Eugene Thomas were indicted by a Federal grand jury in Montgomery april 0 . District court. Rowe. 29. U from Birmingham the arrest of the tour men by the Fri was announced by pres ident Johnson who described them As members of the Kun Klui reason was Given for Dis missing the charges but presumably the step was taken be cause of Lack of evidence against Rowe
