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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (April 7, 1980)
raye o I I tlL. jL>rtk ) * MONDAY, APRIL 7, 1980 Inflation slowing — recession to be next? nation United Press International WASHINGTON — New govern ment figures contain glimmers of hope for inflation, but also show signs the long-expected recession may be here. Inflation at the wholesale level continued to soar in March, although not quite as high. Except for energy and food there were signs of modera tion. And economists said energy prices may soon abate. Unemployment rose slightly, layoffs increased, employment de clined and factory employees work ed fewer hours. Whether these sig naled the beginning of a recession was a matter of debate. The Labor Department said Fri day that producer prices of finished goods — those ready for use by the ultimate user, either consumers or business — rose 1.4 percent in March. That’s a shade less than in creases of 1.6 percent in January and 1.5 in February. The increase for the first three months of 1980 combined would amount to a compound annual infla tion rate of 19 percent if continued a The Student Agricultural Coun cil at Texas A&M will be pre senting Agriculture Convocation on Monday, April 7 in Rudder Auditorium at 8:00 P.M. The guest speaker will be U.S. Con gressman, Kika de la Garza. Everyone is invited to attend. Reach Out and Touch Someone It’s the Aggie Spirit BE A PEER ADVISOR AT NEW STUDENT ORIENTATION 1980 applications available in the Off Campus Center due april 11 SIGN UP FOR INTERVIEW AT THAT TIME. LOCATED IN PURYEAR LOUNGE (ACROSS FROM THE YMCA BUILDING) 845-1741 MSC Political Forum Texas’ Attorney General Mark White “In Defense of Texas” April 8 12:30 p.m. 601 Rudder Free full year. Wholesale energy prices still are rising rapidly. Wholesale gasoline rose 8.5 percent in March; heating oil, 6.3 percent. Janet Norwood, commissioner of labor statistics, said there were “en couraging” signs. Wholesale prices other than food and energy slowed. So did intermediate and crude pro ducts at earlier stages of the produc tion process. “This should be the last month of the enormous increases in energy prices except for the president’s 10- cent-per-gallon oil import fee,” said Lawrence Chimerine, chief econom ist at Chase Econometrics, a leading economic forecasting firm. Crude oil price increases imposed in December and January by OPEC soon will have worked their way through the economy, Chimerine said, and OPEC has announced no new increases. On balance, he sees high but somewhat slower inflation ahead. Totals of 3 budgets similar; bv r spending on items different United Press International WASHINGTON — Balancing the federal budget has become a juggling act, with three different versions of a spending plan presently up in the Census seeks to count dog United Press International COVENTRY, R.I. — U.S. Census officials are really barking up the wrong tree if they’re counting on George Bentley. George, a 14-year-old Gordon set ter, received a personally addressed census form — the long version — in the mail this week. The form noted anyone who failed to return the document faces a $100 fine. “George Bentley can’t read or write, but he’s a wonderful dog,” said his puzzled owner, Barbara Bentley. Bentley said she could find no George Bentley listed in the phone book. She thought it might have been meant for her late husband, but his name was Marshall. Bentley took the form to the local post office, where it got a good laugh. Norman E. Plante, superintendent of mails in Coventry, said it’s a uni que situation and he doesn’t know what to do about it. President Carter has trimmed his January plan for the federal budget for 1981, and budget committees in both the House and the Senate have written their own versions. The three outlines — all written in the name of austerity and with the goal of curbing inflation — show ab out the same bottom line: $611.5 bil lion for Carter, $611.8 billion for the House and $612.9 billion for the Senate. The real juggling comes in the actual spending programs. The latest plan was approved by the Senate Budget Committee last week. It reflects the Senate’s prefer ence for military spending, with a higher defense budget and lower domestic spending than either Car ter or the House committee prop osed. Congress will resume the budget Cool water leaves dirt TICKETS FOR RING DANCE PICTURE PACKAGES now — on sale at MSC TICKET OFFICE Save $1.00 by buying picture ticket in advance University Studio 115 College Main 846-8019 ARBOR SQUARE APARTMENT Fiow Signing Summer Year Leases Summer: Eall/Spring: 1 Bdrm. 2 Bdrm. 1 Bdrm. plus elect Call 693-3701 2 Bdrm - 150°° unf. 175°° fum. 210°° unf. 240°° fum. 235°° unf. 275°° fum. 305°° unf. 360°° fum. SENIOR WEEKEND fmiidim; mu SENIOR BASH LAKEVIEW-DENNIS IVEY UTiMMX JML II SENIOR BANQUET RING DANCE MSC BALLROOM AND RUDDER EXHIBIT HALL TSIIITI Ill IMFO. > h b Savi the coi negoti nefit 1 thougl ers to The Board 2,000 and lo trol to gages Tho up to can be limits juggling after its Easter break this week, with each house considering its committee’s version. Differences will be worked out in conference, and the final budget will be passed in the fall. United Press International NEWTON, Iowa — Turning down the water heater thermostat may save energy but the lower water temperature can have a detrimental effect on laundry results, says a washing machine manufacturer. In most instances, the manufac turer says, reducing the temperature of hot water for the appliance will cause the warm water setting to be essentially cold. An estimated two- thirds of all wash loads are done on the warm setting, so this means most laundry loads will be washed in wa ter too cold for satisfactory results. Most interesting was the way indi vidual senators chose to pay for adde defense spending while keeping the budget balanced. Senators from farm states found it easiest to cut funds for cities and those from ur ban areas preferred to trim items like western water projects. The committee took the biggest chunk out of social programs, strik ing out 145,000 public service jobs and cutting $600 million from the Postal Service subsidy, making the end of Saturday mail delivery almost certain. It slashed $1.3 million from food stamp and welfare programs and cut mass transit and education funds. Overall, victory clearly went to . years change In a execut the big defense spenders,'all sa ic Ernest Hollings, D-S.C.;® Hatch, R-Utah; Pete DomenltS N.M.; William Armstrong, B-U' Rudy Boschwitz, R-Minn. All preferred to cut d spending in the face ofseriousi? I national crises” until the Ir; were close to home — I sidies for Hollings’ South Cary farmers and water projectiH Domenici’s and Armstrong’s*: ern states. Ijnr Dl Palestinian impasse to lead to summit talks? United Press International WASHINGTON — President Carter will try to “bridge the gap” between Egypt and Israel on the Palestinian autonomy issue, but may have to resort to a three-way summit if the impasse is not resolved by the May 26 deadline, officials say. Carter opens talks Tuesday with Egyptian President Anwar Sadat, followed by meetings with Israeli Prime Minister Menachem Begin April 15-16, in an attempt to break the deadlock over the West Bank of the Jordan River and the Gaza Strip. G.S. officials, in ternaries echoed by members of the Egyptian and Israeli diplomatic corps in 'Washing ton, have indicated that a three-way summit on the Palestinian issue might be convened. One Egyptian called it “inevitable.” A high-level administratipn official in the negotiating process, who met PROBLEM PREGNANCY? Are you considering abortion? Free counseling and referrals Call (713) 779-2258 Texas Problem Pregnancy, Bryan, Tx. ♦ V.W * * ♦ * - FOI Studer the Te: suntan beers a last big grimag with reporters to discuss Cm «The talks, said the Palestinian aspegrees u the dispute now centers aesiiinPort hey issues. made tl Asked whether a summitv delight called in the event fneytayMined tl line, self-imposed by alfskfesi? In Pi solving the Palestinian auteand te: question, passes without a totbut Jc solution, he replied: Emmoi “If all that is required is fterring negotiation among the negofe ''The then I don’t know that just kthem ai the date has come and gone tier’s co you need a summit meeting, :hing,” “If, however, you still bavet Stud* solved several key problem:, engagir conceivably you have to brinpport - together.” aark the At the upcoming sessions, C^ n< ^ dr: hopes to tackle “the critical y onim k tions. . .and there are some vet 0 * c '' portant political decisions that to be made at the top level,”tlf official said. The president “hopes to 1 the gap that now exists,” he a Will There Be Blood If You Need It? only If (here s a volunfeer donor lo provide it Like yourself Blood has to come Irom another human being. It cannot be manufactured You can be that volunteer donor on April 7-10 That's when the Texas A&M Blood Club has its annual Spring blood drive Wadley Cenlral Blood Bank is prowl to have been associated with this 12lli Man tradition of service lo humanity during the past 21 years We look forward to continuing to participate in the Texas A&M Blood Club drives lot many years to come and we join with all Texans in saluting this unparalleled gesture of generosity aim concern for one s fellow mani II AGGIE BLOOD DRIVE APRIL 7, 8, 9, AND 10 LOCATION: MEMORIAL STUDENT CENTER SECOND FLOOR (ROOMS 212-224) APRIL 7 1:00 p.m. - 9:00 p.m. APRIL 8, 9, 10 12:00 noon - 9:00 p.m. BLOOD MOBILE IN FRONT OF ZACHRY BUILDING APRIL? 1:00 p.m.-9:00 p.m. APRIL 8, 9, 10 9:00 a.m. - 5:00 p.m. WADLEY CENTRAL BLOOD BANK lljlOll w ®inned Sremt Dslliis |, 3071 No 3*2.857 IHJiMEK ALL COLORED SHORTS Sate Buns Througn Saturday, April 12 BUY ONE and GET ONE t nHiki5^B^3 (HIGHER PRICE PREVAILS) Northgate — At the Corner Across from the Post Office I 1 FI AI thrt 5u»