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Publication: European Stars and Stripes Friday, April 19, 1968

You are currently viewing page 22 of: European Stars and Stripes Friday, April 19, 1968

   European Stars and Stripes (Newspaper) - April 19, 1968, Darmstadt, Hesse                              Friday 1968 the stars and stripes Page 23 chief tells Why investment Reform ahead by Sid  writer Frankfurt is wide cad reforms in the  and Mutual fund in s k Are anticipated by government officials within the com Sivear a Large group of american businessmen in Gers no was told Here thursday. In a speech to the  of Commerce in Ger is attended by 300 Bankers Assurance representatives and International tradesmen Manuel Cohen chairman of the securities i Cand Exchange commission de v cleared that changes in the Laws governing the Sale of securities j have been Long overdue. E More than 40 proposals de signed to clarify the present code have been presented to con egress Cohen said and All but c five of them have been agreed upon. Of the remainder three Are still giving us  the principal problems to be. Resolved he said were in connection with charges on the Sale c illegal i mail j target of drive i a continued from Page 1 cameras to provide evidence incas anyone wants to question the findings parcels coming from service men in South Vietnam and Hon Kong Bartimo pointed out Are Given a close examination. If the parcel is said to contain cigarettes for example each pack is opened to find out whether they Are made from tobacco or marijuana. Customs men have found Mari Juana packed in Many ways some being inside dolls mailed by servicemen in South Vietnam to friends. Servicemen always have collected souvenirs but the latest action by defense and custom officials results from reports of Many illegal shipments from thei far East and Europe and particularly from Southeast  a recent examination of mail arriving in a Day in san fran i Cisco and new York showed that 20 per cent had violations rang Ling from false customs declarations to arms and dope. Iof More than 63,000 packages c examined More than 1,200 contained stolen government prop i erty including 90 weapons. Among these were two live Gre Nades sent by a Soldier in South Vietnam to his girl Friend Para Chute flares sub machine guns carbines ,45-caliber pistols binoculars bombs shells and Small arms ammunition. Customs officials said that the mailing of explosives and work Cable firearms is relatively new even in comparison with world War ii when a lot of souvenir i weapons were sent Home from Europe and the far East. Defense and customs official noted other violations including false valuations placed on gifts mailed Home by servicemen and dependents such As putting a $3value on a gift sweater that Cus Toms officials know Cost at least 1$4 wholesale. No statistics were available on the number of arrests or disciplinary actions resulting from the crackdown. Ii Mutual funds prices i new York Lupu 1 National  lat Lon of securities dealers inc. Wednesday i bid asked Baberon a. 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Cohen pointed out that the problems of the Sec Are complicated by the fact that state Law govern the Sale of shares and there Are 50 sets of Laws Deal ing with the securities Industry. The holdings of the investment Industry Rose sharply from 1958 on Cohen said and when in 1966they were approaching $50 Bil lion the Sec reported that the situation demanded action. In 1967, the commission asked con Gress to consider a new Bill re organizing the  Hope to arrive at a Solu Tion acceptable to everybody including securities Sellers and the investing Public Cohen con deluded. Quick kill lauded for War Hunting Senate panel oks Lodge and Shriver Washington a the Senate foreign relations com Mittee approved thursday presi Dent Johnson s nominations of Sargent Shriver to be ambassador to France and Henry Cabot Lodge to be ambassador to West Germany. Shriver is head of the anti poverty program and former director of the peace corps. Heis a brother in Law of sen. Robert f. Kennedy of new York candidate for the democratic presidential nomination. Lodge onetime Massachusetts senator was the Republican vice presidential nominee in1960 and is a former ambassador to  committee approved the nomination of George c. My ghee present ambassador to West Germany to be ambassador at Large. The committee also approve the nomination of Edward Clark former ambassador to Australia As executive director of the inter american development Bank. Two soldiers killed in crash Mannheim Germany is two com z soldiers assigned to the 56th Avn Del died wednesday when a motorcycle they were rid ing struck a curb on an overpass in Mannheim Waldhof. The Driver spec. 5 James , 26, was killed instantly after he lost control of the motorcycle and was thrown into an overpass guard rail army officials said. He was pronounced dead at the 546th general dispensary. The passenger whose identification is being withheld pending notification of next of Kin Yas flown to the 2nd general Hospital in Lan Stuhl where he died at11 30. Stoughton s widow Linda live sin Benjamin Franklin Village. By John Neumyer Berchtesgaden Germany is Quick kill is the name of the game and Accord ing to Burly sgt. 1. C. Thomas Bunting a working knowledge of this system of shooting will improve your bag limit whether firing at the enemy in Jungle War i fare or about to flush a Covey of partridges at Home in the  As Bunting spoke Here before crowd of delegates to the convention of the association of american Rod and gun clubs Europe his teammate staff  garlic was tossing Metal discs skyward in front of the team Leader 1st it. Gary Over turf who instinctively pointed instead of aiming at the 2-Inch diameter targets and sent the spinning with every Phitt of the lever action by  team this is the system now being taught our fighting men bunt ing told the spectators who were hanging in rows four deep Over the Terrace rail at the hotel Gen eral Walker Here to witness the demonstration being put on by this team of experts from the Usa eur advanced Marks Manship unit Grafe Woehr. I Don t mean to say that Quick kill replaces Well aimed fire said Bunting. When Speed and instinct Are needed to sur Vive assault or to bring Down game Quick kill is the  Bunting said that after the tossed disc session with the by gun trainees Advance to Knock Down carnival Type targets at about 10 feet then the game proceeds to the employment of Man sized silhouettes and m16 Rifle sat 100 Yards at which Range declared Bunting our student quickly learn to score More than 80 per cent without using the Rifle  Era Rule Bunting said that Quick kill has been added to the list of required shooting accomplish ments for members to gain re cognition in the National Rifle Man s association and that american Rod and gun clubs in Europe should install the Neces sary equipment to teach the Quick kill concept to , Back on the Ter race Charles Ritz French Fly Caster had put up Rod and line and was giving private lessons to an old Friend Gen. William s. Stone shape air Deputy an mrs. Stone. Others joined the group including former world Champion Caster Pierre Creusa Vaut of France and Ben Fontaine for Mer president and present Hoar member of the International casting federation. Fontaine i scheduled to give an hour Demon stration  was t Long before other delegates joined the Wand waving throng for lessons from the  them were rear adm. John a. Tyree jr., Deputy chiefs outdoor editor of staff Neucom joint staff and Brig. Gen. C. W. Clapsaddle us a eur  and his two friends were luncheon guests of the association at a hurried appearance by Gen. James h. Polk Susareu commander in chief and seventh army commander who will be succeeded As president of the Rod and gun association by  a. Preston Safe commander in chief who Hel the Post in 1966. The accent at this year s convention is on innovations in the Field of sporting  include two types of fishing rods wit plastic instead of Metal Ferrules Fly and spinning reels with Auto Matic drag attachments and re birth of what one dealer Calls Granddaddy s favorite a Dou ble barrelled Breech loading Shotgun with Rabbit ear hammers in the style of 100 years ago. On the modern Side Are Ever imaginable Type of sporting Arm camping gear Archery equip ment citizen band two Way radios air rifles binoculars telescopic sights ammunition and cutlery. The exhibitors representing More than 200 sporting goods firms whose goods Are on Dis play throughout the hotel report brisk sales to club custodians of bulk purchases for future de livery through the 87 Rod handgun clubs in Europe which number 60,000  to the business end of this Parley thursday s opening ses Sion was a combined custodians workshop dealing with such subjects As sanitation in club snack bars weapons registration be sound regulations and conserva Tion practices. Stocks gain 7th in a Row new York a the Stock Market closed higher thursday for the seventh straight  list weathered some typical thursday profit taking and grew stronger in late dealings. Gains of several Points we remade by Schenley Newray Theon Polaroid and Xerox. Analysts saw profit taking on Blue Chip strength that followed the first news of possible peace talks nearly three weeks ago. While fundamental optimism continued there was wide recognition in Wall Street that after six straight daily advances the mar Ket was headed for some kind of correction. Barnard arrives in . New York apr. Chris Tian Barnard the South african heart transplant surgeon arrived Here Early thursday from Rio de Janeiro. He was scheduled to Fly on to Washington where his i program includes an address to a1 Washington medical group. Prison riot death toll rises to six Raleigh . Up Cen trial prison authorities said thursday a sixth prisoner has died of wounds suffered in wednesday s uprising which guards put Down quickly killing 5 convicts with shotguns. Another77 were injured. The sixth to die was John , 22. While peace was restored a Central prison 13 inmates at Doin prison near Jackson rioted in a Cellblock wednesday night. Guards used tear Gas to break up the disturbance. It was brought under control in 15 min utes. Caledonia prison inmates staged a similar demonstration earlier wednesday. About 40 of the 450 inmates were involved in a sit Down strike. It was broken up and the prisoners returned to their cells officials . Lee Bounds commissioner of correction said wednesday he would not Bow to prisoner de mands. He told a news Confer ence that a prison is an institution where trouble is going to occur and the prisoners de mands will remain demands not to be complied with yester Day and not to be complied within the   
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