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Publication: European Stars and Stripes Thursday, July 4, 1968

You are currently viewing page 22 of: European Stars and Stripes Thursday, July 4, 1968

   European Stars and Stripes (Newspaper) - July 4, 1968, Darmstadt, Hesse                                The stars and stripes Ptg 23 France faces new taxes a mans a the French i Ftp ordered new taxes and St in the Bank of France Al boost mra c wednesday to threat of inflation and ease pressure on the franc info Wake of expensive Settle knt for recent naut wide stthe8 Cli count rate was hiked from3.5 to 5 per cent. Morroa a minister Yves Guena said 7er he weekly Cabinet meet is that new taxes to raised million would be imposed no indication of the but said they would$500he gave new taxes on prices Industrial or the poorer class snot weigh production of society. Even before the Cabinet meet ing was Over Stock prices on the Paris Market dipped sharply and the Price of Gold went up. Foreign issues traded were firm. A new supplementary budget will be introduced in the National Assembly to cover $1.5billion in new spending As a re sult of the strikes. This will leave a budget deficit for the year of about $2  minister Maurice Couve do Murville told the Cabi net that France lost $1.08 Bil lion in foreign currency and Gold reserves during the month of june. He said that the pressure on the franc had eased in International Money markets on Mon Day and that the improved situation continued on tuesday. New controls Are being set unto Stop the outflow of francs. These will apply especially to importers to avoid abuses of Spe Cial facilities granted to them Guena said. B52s hit North with heavy raids closing . 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L 11.32 1s.2 1371 1311 h u5 9.04 8bri12.31 13 94 808 064 it 45 5 my nuo 184 1123 its 9 m i0.3n u w 13.0 fl.18 �7h w �126.63 ii 61 u 4420.43 3u 43 14 71 1.01 16,73 is 2 j1 79 17 10.141101110 40 it 17.47 17.4 to �6 0-18 81 16.00 17 1 11 50 116 8.88 1.7 of ice in Aro pc to inv to farm Tibt 81 bid asked 12 04 12 04 14 s2 10 m 14.18 16.w1 i 25.75 76 6-90 6.46 j 12.02 12 f 9 j funds 14.71 16,08 16.22 17.73 lt99 u.29 951 10 39  90 1333 14 57 6 40 0.9915 30 20.00 Fosia in 16 43 45.37 45 37 17.bo 17.60 12.27 12.2715 56 i6.s2 1 of 20 to r.92 9.76 11 is 12.65 15 19 17 04 14 17 in 49 11.57 12 54 101� 10 09 15 79 17 i2 5575455 8teadman Fob am ind 1�-w 1 44 dkl027 10 Sigol or 703 fe-57 Stein Roe fd8 Washington a con Gross passed tuesday a Compro j Mise 9-billion supplemental appropriations Bill with $6 billion of it for the vietnamese  measure now goes to president Johnson for his Signa Ture. House approval was by voice vote. The Senate passed it shortly afterwards 64 to 1. Sen. Gay lord Nelson d-wis., was the Only dissenter and did not explain his opposition. The Over All measure provides $6.3 billion in new funds and $2.7billion in funds Frozen last year. House leaders said the final version of Bill drawn up by representatives of the House an Senate appropriations commit tees is $50 million below the original House passed measure $77 million less than the Senate version and $743.6 million below president Johnson s  measure includes some $6 billion for Vietnam $1.35 billion for medicaid and other Public assistance programs nearly on billion for pay increases $370 million for medicare $100 Mil lion for the defense Effort in South Korea and $47.5 for Veter ans benefits. The Bill also would provide$28 million of $132 million approved by the Senate but not re Quested by the Johnson adminis  $28 million includes $13 million for summer jobs $5 Mil lion for preschool head Start and $10 million for a new pro Gram of feeding poor children in Day care  Senate had voted $75 Mil lion for jobs $25 million Forhead Start and $32 million for  House voted Down efforts to pass the Senate s propose Money for summer jobs and head Start. It Defeated the for Mer measure 287 to 81 and the latter 265 to 105. Saigon up . B52bombers continued the heaviest non Slop raids of the War wednesday As guerrillas wiped out a helicopter borne Marine patrol probing new enemy infiltration near the demilitarized one. The b52s began the attack monday and on tuesday fighter bombers joined them flying 149missions against North Vietnam in the heaviest strikes since 155were flown last april 22. This meant an attack by 450to 600 planes. The exact number was not disclosed. Two were shot j Down. It appeared to be one of the heaviest non Stop Aerial onslaughts of the War with the b52sflying Over North Vietnam for the third consecutive Day in a Effort to slow the growing enemy infiltration. Many of the raids were directed against huge enemy Artil Lery and antiaircraft Sites jus across the Border. The North vietnamese in protecting their wholesale infiltration into the South have bombarded . Marine positions almost daily and stein8l in Hjeln Iti re Nin 81 inv 225.s22 5 17.13 17 13 15 l 7 in 07 13 62 14 62 t m �56ts a 14 5u 1053 11 48 in i m 74 13.00 i4.il 041 101 6.87 0.42 11ho 13 funds kit u 4u 15.3 Stihl u �. 10 87 7 24 1 01 value line Fos a Ftp  e 9 66 10 5� Al inc to a Val a w w551 60? 5.8ft tf-90 sup inv Iii uni tech fd1 Molln cd Tunc o Rinc  United Aochi 11 worst u la in k in varied Wallow a in or in Vit cd weal ind  a Luff wort 12 to 13-Wlltth 05 18.44 14.413 9.34 10. �1 16 73 11.01 m � �1� 91 17.89 1.24 � Fife 4.74 Stock Market closes higher new York a the Stock Market closed sharply higher wednesday in Active  of the most heavily traded issues made wide gains among them Lunasco Avo com Mercial credit Cit financial fair child camera Gulf and Western Seeburg and Hooker chemical. The Market Rose from the Start and widened its gains As the ses Sion wore on closing at its Best. Analysts ascribed the strength to the ability of the Market to rally tuesday on increasing vol ume after a series of four straight daily  some of the High multiple Glamor stocks part of the strength was attributed to pre cautionary Short covering prior to the four Day Gap in trading. The markets will be closed for Independence Day and also Fri  was 14.39 million  shares compared with 13.35 Mil lion tuesday. The Dow Jones Industrial average Rose 6.67 to 903.51, stay ing below its High for the year. Absent i returns to unit from France Heidelberg special  l. I Jack absent from the 2nd general Hospital at land Stuhl since March 29, voluntarily returned to his unit from franc tuesday night. The 18-year-old Soldier arrive Dat Kaiserslautern on a train from Paris a usar Euit official said adding that Lack s absence will to investigated. Lack s Home address is Jackson miss. Flaming truck blocks traffic Darmstadt Germany up police closed the Busy Mann Heim Frankfurt autobahn to traffic for three hours tuesday while firemen fought flames raging from an overturned tank truck containing 5,060 Gallons of highly inflammable fluid. End 6-Day plunge Marseilles France up an american professor and a French Engineer emerged in goo health Here wednesday morning from a six Day plunge 1,198 feet into the Mediterranean in a come diving . Ralph Bauer of the varsity of North Carol Inarene vey runes of Paris tired and Pale when emerged but said they satisfied with their  chief complaint was that it was Tot hot inside the diving Ell. The american diver also said that at that depth strange things go on in the  hit Allied ships at  ill fated Marine patrol had fanned out into an area 24 mile Northwest of Danang to Check enemy troop movements an was ready to report on its mis Sion when disaster struck. A Marine helicopter went after them and landed in the midst of a enemy fortification. The guerrilla guns roared an the nine members of the patrol and the four helicopter crewmen were killed. The action apparently happened monday. Freeman says pc fired on his helicopter can Tho Vietnam a Secretary of agriculture Orville l. Freeman said Viet con guerrillas fired on his helicopter wednesday but there was some confusion Over the incident. The . Mission said free Man was mistaken but maj. Lyle c. Mccarthy commander of two accompanying cobra helicopters said he had seen trac ers coming from the ground. Mccarthy added that in his radio report he made no men Tion of the tracers because weddin t want to shake up any of the  Mccarthy s radio message May have Ted to the Mission s statement since a Mission spokesman said helicopter pilots had reported no enemy fire Dur ing the flight from a Village to can Tho. And a military spokesman said the cobras had put on a fir ing demonstration for Freeman that could have confused him. I could see the tracers com ing toward us Freeman said. It s not the first time i be Bee fired  Freeman was wounded i world War ii. Told of the Mission s denial Freeman said i Don t see making an Issue of it i saw tracers and when you see trac ers you Don t necessarily know which Way they Are going. It could have been from the ground or from the gunships. I Don t  cobras swooped Low Dur ing the flight and fired rocket Sand machine guns into Viet Cong territory. The firing could have led Freeman to believe the cobras were reacting to an at tack from the ground the spokesman  arrived in Vietnam tuesday for a five Day inspect Tion of . Aid supported Agri cultural projects. He spent the Day touring the Rice growing re uni and were they Paris fashion Boom Paris a a plastic bomb exploded wednesday morning in front of the door of the Christia dior fashion House in downtown Paris. The door was shattered and windows and outside Wood work damaged. The Interior of the building was not damaged. Gions of the Mekong Delta. Goldberg takes Job a Union mediator new York up Arthu Goldberg former . Ambassador to the United nations has accepted the Job of chief Media Tor to the new York City Gar ment Industry according to an announcement Here by the inter National ladies garment workers Union. The appointment is effective immediately. Goldberg was a renowned Labo lawyer before assuming Succes Sive Public posts As Secretary of labor supreme court Justice and . Ambassador with the Kennedy and Johnson administrations  
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