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Publication: European Stars and Stripes Saturday, November 17, 1973

You are currently viewing page 6 of: European Stars and Stripes Saturday, November 17, 1973

   European Stars And Stripes (Newspaper) - November 17, 1973, Darmstadt, Hesse                                Page 6 the stars and stripes saturday november 17, 1973 taking off in kit Hawk Here s a Way to Fly Economy class. A test Pilot takes off in a Moto plane at St. Jean s Quebec municipal Airport. The 14-foot Craft was designed to give poorer pilots a Chance to own their own plane at a Cost $1,995 they can afford. It can Fly for two hours at 60 . Before refuel ing. It can take off in 250-500 feet is purchased in kit form and put together by the owners up rep. Ford s net Worth is put at $256,378 Washington not according to a statement of net Worth prepared by Gerald r. Ford s tax accountant the Fig ure for the vice president designate As of sept. 30 was $256,378.the statement provides a breakdown of the assets and liabilities of rep. Ford and of his wife Elizabeth who is not a wage earner. Their assets Are listed at $261,078 and liabilities $4,700. This information has been submitted to the Senate rules committee and to the House judiciary committee both of which will be voting on the confirmation of the Michigan Republican As vice president. A c5a Cost expert is kept from Umaly arms Washington up a. Ernest Fitzgerald a Cost expert who revealed the c5a Cost overruns said thursday some defense contractors Are so inefficient that if they tried to produce a $400 television set it would sell for $8,000.Fitzgerald was fired by the air Force four years ago after exposing the c5a overrun but the civil service commission recently ordered the air Force to hire him Back. Testifying before a joint economic subcommittee Fitzgerald said the air Force is trying to keep him away from analysing weapons programs. As it stands i am told i will not be allowed to work in weapons systems he said in response to questions from committee chairman sen. William Proxmire a wis. "1 have been told that if i prove myself and gain the acceptance of the staff i May be Able to look into weapons Fitzgerald said Fitzgerald produced an army study that measured the efficiency of several defense contractors he said they ranged from one half to one twentieth As efficient As firms operating under the accepted Stan Dards for commercial  estimate that if typical $400 color television sets were built at the worst level of efficiency shown on the tableland markup percentages were unchanged a consumer would  around $8,000 for his set Fitzgerald said stateside newspaper Guild Board urges impeachment Washington a the International executive Board of the newspaper Guild called upon Congress thursday to initiate immediate impeachment proceedings against president  Resolution passed at the close of the Board s fall meeting said Nixon s refusal to resign leaves us no alternative the Guild affiliated with the Al Cio is the Union for Many editorial and other workers for newspapers news services magazines and related Media in the United states Canada and puerto Rico. The United states single most important and powerful executive position the presidency must have its effectiveness vitality and credibility restored the Reso Lution said. It has become increasingly Clear  this will not happen so Long As the presi Dency is held by the incumbent Richard m. Nixon whose term of office will not expire for another three years. The nation and the world cannot wait that  stolen paintings recovered by Fri Newark . A seven paintings valued at $250,000 that were stolen from the swedish ambassador s residence in Washington in february have been recovered by Federal  . Attorney s office Here where the investigation of the theft has been coordinated said the Fri found the paintings behind a secret Wall panel in a private Home in Pittsburgh. First asst. . Attorney Jonathan Gold Stein said the paintings were discovered at the House of a relative of Richard Chiocca 32, of Mckeesport pa., who was arrested with five other men in september on charges of receiving the stolen Art work. Governors will meet in Pennsylvania copy of the statement was made available to the new York  statement of net Worth shows a total of $162,000 in real estate assets. The family Home in Alexandria va., is valued at $70, 000, a vacation condominium in Vail colo., at $65,000, a rental dwelling in grand rapids mich., at $25,000 and a one Quarter interest in a Cabin in South Branch town ship mich., at $2,000. Furnishings Are listed at $19,600.mr. And mrs. Ford show a grand total of $1,282 in Bank accounts of which $281 is in a savings account in a grand rapids Bank. A total of $13,570 represents securities that include $9,031 in debenture Bonds of the Ford paint and varnish company $3, 240 in Stock of Central Telephone of Illinois and $1,299 in Stock of Stein Roe far num balance  policies. Listed also Are two life insurance policies $25,000 on the life of Ford $5,000 on his wife s life. Total Cash value of the policies is $8,487. The contributed Cost fora United states congressional retirement fund is $49,414. The final item of assets listed is automobiles and other vehicles $6,725. This covers a 1968 Chrysler 1972 jeep 1969 and 1971 Mustangs and a 1972  two items Are listed As liabilities $3,200 in Short term notes payable to the National Bank of Washington and Matur ing at 30-Day intervals and $1,500 in Gen eral Bills  the statement does not list income year by year but it was Learned from another source that Ford has listed his taxable in come not including gain from Sale of Stock for the years 1967 through 1970, As $60,200, $56,500, $63,100 and $80,900. Harrisburg a. A the nation Al governor s conference will hold its 1976 convention in Pennsylvania gov. Milton Shapp has announced. Although the final Date has not been selected Shapp said the executive com Mittee said it would like to hold the Conven Tion in the Philadelphia Valley forge area in the Early  said that he s also invited the governors of the 13 original states to meet sept. 5, 1974, at Carpenter s Hall in Phila Delphia to commemorate the Bicentennial of the first Continental Congress. Rocket powered Craft tested in Calif Edwards air Force base Calif. A the rocket powered f24b, a pos sible forerunner of supersonic interceptors was successfully flight tested thursday. Manke took the 35-foot Craft to a Speed of 550 Miles an hour and a height of 53,000  of the plane s four rocket engines were used during the 6i/2-minute flight a spokesman for the National aeronaut which began when the f24b was dropped is and space administration s flight re fromab52. Search Center Here said civilian Pilot John $1 billion budget offered in Chicago Chicago a a billion Dollar budget has been submitted for the first time to the Chicago City  Richard j. Daley announced a total 1974 budget request of $1.053 billion. The budget includes  raises of from 5.5 to 6.5 per cent for some 40,000 City pm  biggest  raises would be from $10,524 to $11,148 for starting policemen and firemen and from $15,024 to $16,008 for those with 20 years service. Council oks los Angeles  hikes los Angeles a .increases voted by the City Council have won approval from the Federal Cost of living  boosts Range from 12 per cent to 45 per cent retroactive to july 1, with Over All raises As of next july ranging from 20 per cent to 76 per cent. Krogh loses dismissal bid councilmen get the Best boosts up 45 per cent from $17,000 to $2&80q, tithe mayor goes from $35,000 to $45,000. The qty Veattor Ney and City controller also get big raises next summer the figures go to $50,000 for the mayor and $30,000 for Council Mem Bers. Washington up a Federal judge thursday refused to dismiss criminal charges against Egil Bud Krogh jr., who headed the Clandestine White House plumbers unit. The decision handed Down in a written opinion by u.$. District judge Gerhard a Gesell cleared the Way for Krogh to be tried on two counts of making false declarations similar to perjury in connection with a watergate grand jury s investigation of plumbers unit activities. Bridgeport pans Paul Newman Small talk Bridgeport Conn. Up actor Paul Newman was taken to task thursday for calling Connecticut s largest City a terribly depressing Little  Newman filmed the effect of Gamma rays on Man in the Moon marigolds in Bridgeport and in a cosmopolitan Maga Zine interview commented i shot it in Bridgeport you know and i filmed what was there. It s a terribly de pressing Little town the mayor Calls it the armpit of new England he  Nicholas Panuzio a Republican said thursday it s asinine to even have to deny that i would say such a thing about my own  he said the movie scenes were shot in our More decrepit sections. It was t identified As Bridgeport and could have been shot in any of a thousand cities throughout the country i a sorry to  Newman lives in the affluent nearby suburb of Westport with his wife Joanne Woodward who starred in the movie. In chastising Newman the Bridgeport Post said in an editorial parts of Bridge port would not harmonize with your posh Community of Westport. Some Bridge porters who live in the neighbourhoods you visited would probably not be Welcome in your town except for Day work or for display at a Chic cocktail party Well publicized. We re sorry you re disappointed Paul. Westport it in t. But alive and vibrant Bridgeport  an actor Paul you re Good. As a judge of cities Paul no Oscar the paper said  
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