European Stars and Stripes (Newspaper) - April 20, 1968, Darmstadt, Hesse                              Saturday april 20, 1968 the stars and stripes Page 23 re Imp urged continued Froni Pope taking into retirement needs As t of the whole pay  recommendations will resented to Congress. Consider is Likely next year. Besides improving pay and Dement the Hubbell group Niso Hopes for changes in the sidemen s group we ins Ysee program now limited to 10000 1 for each person in uni term regardless of Grade or sly situation. This amount has been the same for More than half a Century. Market takes Sharp setback Selling heavy new York a the Stock Market closed sharply lower Fri Day in Active  was heavy at the Start on overnight news of the boost inthe discount rate. The tape was five minutes late in Early mid ing. The Market weathered the first gust of Selling and came Back More than Halfway. In the after noon it weakened and in late dealings it Sank to lows for the Day on news of a warning on the nation s financial problems by chairman William Mcchesney Martin. Or. Of the Federal re serve Board. Xerox was off several  losses were taken also by Polaroid International Nickel american smelting Chrysler Ford general motors Ria an Many other leading issues. The Dow Jones Industrial average closed at 897.65 Down 11.56. Railroads closed at 236.31 down0.90. Utilities were Down 1.47 and 65 stocks were Down 3.07. Ere have been proposal before Congress to raise the limit on a voluntary basis but presently none is under consideration. Retired army col. Paul Bender who has been directing the re tired portion of the pay stud for 18 months said the two step annuity payments would be base Don years of service at the time of retirement. The Hubbell report two Yearsin preparation found that Mili tary compensation is com Lexand confusing does not Reward servicemen equitably and in it present form a combination of base pay and tax free allow ances makes. Comparisons of military and civilian earnings nearly impossible. As a result the group found servicemen frequently undervalue their pay. The defense group favors vested or contributory retire ment program for a variety  there Are those who believe that military retirement is Freer who believe that the Serviceman does not share in the Cost of his retirement Benefit Bender said. The fact of the matter is that military retire ment is not free because Active duty compensation has been de pressed in recognition of the Cost of retirement and this is the Price that the Active duty Mem Ber has been paying for his  this is one of the most mis understood aspects of service life he declared. In 1965 pay Bill hearings the pay reduction to cover retire ment costs was estimated at 6.5to 16 per cent. Although the pay of. All Mili tary members is depressed less than half who Complete fou years of service Ever reach retirement eligibility benders id. 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We Are proposing that Only Hose in the career Force generally All enlisted members with Over four years of service and All officers will be required to con tribute. Instead of depressing Active duty pay we would pay a full salary to All career military personnel. Then each member would be required to make contribution from his full pay which would be his portion of the Cost of the ret ii ement  by contributing to their retire ment As Federal civilian pm Loyes do the military men would e Able to withdraw their Money when and if they leave the Sery be with less than 20 years i m. I j n to get Gold flow tip by John Neumyer is outdoors editor Berchtesgaden Germany is Rod and gun club custodians got a Gold flow message from the source s Mouth Here when a european Exchange sys tem spokesman told them we Are still Able to get pc free transportation on equipment from the . All you pay Lis wholesale Price plus five Peir cent. That five per cent is for handling Only whether for sport ing goods or  an clubroom equipment v and that applies to goods Martin says . In fiscal Washington up Wil Liam Mcchesney Martin jr., chairman of the Federal re serve Board said Friday the United states is in the midst of the worst financial crisis we be had since 1931."Martin, who spoke without a prepared text emphasized thetic was not suggesting devaluation of the . Will fight to the last ditch to preserve it the Dollar he said. He said the Federal Reserve Board s action thurs Day in raising interest rates another one half of one per cent of the highest Point since 1929 can be of help in easing inflationary pressures. But he warned that monetary policy alone cannot offset a $20 billion Federal budget deficit without bringing the Economy to a grinding  said it would be a test of democracy Whethe Congress in an election year has the political courage to vote the10 per cent income surtax sought by the president and to current trend it will inevitably Ead to worldwide devaluation of currency he said. That would be the greatest setback his country has faced in my lifetime. It would take us a Long Ime to recover from  said it is not necessary to eliminate the two deficits mediately so Long As this country makes a Start toward fiscal  Cut spending As  said it is tragic that a year of precious time has been wasted by squabbling in Congress Over whether taxes should be raised or spending  told the american society of newspaper editors Asne it is absolutely imperative that Congress take immediate action both to increase taxes and to Cut Federal  Are faced with an intolerable budget deficit an also an intolerable deficit in our of pay International Bala cements Martin said. Both have to be corrected Over the next few years or the United states is going to face uncontrollable races an uncontrollable either mansion or  we reverse our allies reject East German travel ban Berlin up the allies rejected Friday night an attempt by East Germany to capitalize on the recent unrest in West  United states Britain and France said they would not per Mit the East germans to decide who May visit the divided  communists accused West German Interior minister Ernst Benda of coining to West Berlin easter weekend to coordinate police actions against students trying to prevent newspaper distribution and announced that they would forbid All West Ger Man Cabinet ministers and their deputies to visit the  the allies in identical notes to the soviet embassy in East Berlin warned that East German authorities Are not competent to modify the quadripartite agreements in Force concerning free Access to West  soviet Union is responsible for insuring this free Access the allies said and the East Ger Man regime cannot in any Way made in Europe but which i available from stocks in the .," George Willis of the european Exchange service told delegates at the 17th annual convention of the association of american Rod and gun clubs Europe. You May have to wait a Little longer but you save Money and your dollars stay in americ where they belong Willis said. The Climax of the convention which ended Friday was a Long awaited exhibition of Fly cast ing by three champions. Charles Ritz a Paris Hotelier raconteur Bon vivant gourmet author and fishing tackle manufacturer gave a demonstration of his world famous technique amusing the spectators with such Homey asides As Don t believe what you read in fishing books Here is the Way to do it and we Are Here to give you a Les son in Fly fishing. Once before we put on such an exhibition and one of your generals introduced us As three of the world s Best Fly  was Ben Fontaine of the International casting federa Tion who demonstrated the Dou ble haul Long distance cast an stunned the audience with a prodigious toss of More than 150 fee that demanded three encores. The average Fly fishing cast according to Fontaine is 50 feet. Then Pierre Creusa Yaut Man times world Champion in All classes of Fly and bait casting demonstrated his classic style wooing would be Fly casters Withan ease of presentation of line Leader and Fly even though redid it on a Swath of grass in Stead of in a Trout  election of association officers saw Gen. Maurice , Safe commander in chief named president . C. W. Clapsaddle jr., Neucom comptroller vice presi Dent John Neumyer of stars and stripes reinstated for the 16thconsecutive year As second vice president and sgt. Donal Dekarske of the Kaiserslautern Rod and gun club third Vic president. No s daughter killed by car Kaiserslautern g e a Many is the 4-year-old daughter of a staff sergeant attached to the information office of the palatinate District Here was struck and fatally injured by a German vehicle thursday morning at the town of Opper Bach come Headquarters announced Friday. The victim was Kathleen , daughter of s. Sgt. And value line ads Vul lne 8.88 9.73 Val inc 0.36 6 97val is l 8.55 9.37 Vangrud 4-83 5.39 varied in 5.81 632viking or 7.468.11 Walls in 12.29 13.43wsh Mut 13.54 14.83 Well cd 13.1014.24 West ind 8.87 9.70whluu 15.00 18.22 Wilsor 19.1820.85 we fld 13,32 14.56 Viscon 7.79 8.52 Worth 6.62 6.13 addicts in Britain to get drugs free London up Britain has drastically altered its drug Laws by taking away from family Doc tors the right to prescribe heroin and cocaine for  must now go to official treatment centers at hospitals to get their supplies which will be free under the National health service. The aim of the Law changes to wipe out the Black Market created because a handful of Pri vate doctors were taking on addicts As paying patients and Over prescribing for their needs. The addicts sold off the heroin affect the agreements or the mrs John b Fetko who occupy responsibilities of the s o v i e 11 family quarters in  m this Field. I the family has two other Chil Berlin students As Well As Dren John jr., and Jeffry. Those in More than a score of West German cities demonstrated easter weekend after their preliminary investigation Wassail to have revealed that the child ran out in the Street Inlet Wing ideologists red Rudi f front of the oncoming car. Ger Dutschke was shot and seriously j Man police who took the body to the 540th general dispensary released the German drive without charges. Wounded by an  score police and Stu dents were injured and two mended As a result of the Street fighting that resulted when the students tried to Block the Dis ,. ,. M Tributino of newspapers to which Anacortes Wash. A a a they object. . Marine fishing about i1,a and cocaine which they did not wounds is to be moved from a Dutschke was reported improve j Miles out in Rosary Strait iad a ing steadily. He fed himself for1" the first time Friday doctors reported. His assailant Jose Bachmann who recovered sufficiently from police inflicted use themselves. I Hospital to jail. Strange but grateful catch.  Miller found a thin but weak Collie dog keeping afloat by drap ing its paws Over a wooden crate. No one has been Able today How the dog got so far from Shore