Page 4
College Station, Texas
Thursday, February 10, 1972
THE BATTALI
Administration prepares dollar devaluation bill for congress
WASHINGTON US) — The
Nixon administration moved
through the final stages Wed
nesday of readying its dollar de
valuation bill for Congress along
with a report on key trade nego
tiations.
pledge by President Nixon to
seek a dollar-devaluing increase
in the price of gold as part of a
deal which led to the interna
tional monetary agreement
reached last December at the
Smithsonian Institution.
The bill seeks permission to
raise the official price of gold
from its present $35 an ounce to
$38 an ounce, representing an
8.57 per cent devaluation against
gold. Actually, the depreciation
in foreign exchange markets
would be 7.89 per cent.
The legislation carries out a
The Treasury Department held
up sending the measure to Con
gress when it convened Jan. 18
because the administration had
been unable to wrap up the trade
concessions with the European
Common Market, Japan and
Canada.
The request to raise the price
of gold has always hinged on
assurances from the nation's ma
jor trading partners that some
trade barriers to American ex
ports would be lifted, Treasury
officials said.
The new set of exchange rates
hammered out at the Smithson
ian meeting actually carries a de
facto devaluation of the dollar,
anyway, and sending the bill to
Congress represents a formality
in putting the finishing touches
on that agreement.
As the Treasury worked on the
details of the measure, a high
Treasury source disclosed that
the United States will not stand
for foreign businesses deliber
ately lowering the price of their
products shipped to the United
States to offset the impact of
the new currency agreement.
The settlement does two things
primarily; makes imports more
expensive and U. S. exports to
foreign countries cheaper than
before.
The high Treasury source said
United States will charge for
eign businesses with violations
of U.S. dumping laws if they try
to lower prices artificially to
offset the currency agreement.
The dumping 1 a w prohibits
imports from foreign countries
being sold in the United States
at prices cheaper than they are
being sold in their home country.
Congress is expected to give
the gold bill its attention quick
ly, with the chance of passage
appearing to be good.
President Nixon agreed in De
cember to devalue the dollar, if
the currencies of several other
countries, notably Japan and
West Germany, would be raised
in value in relation to the dollar.
The Nixon administration set
the stage for the devaluation
measure last August when the
President suspended the converti
bility of the dollar into gold.
That decision still stands, and
the issue of what the dollar is
going to be convertible into is
still unsettled.
The administration says ts
convertibility of the dollar sb
be considered only in conneti
with long-range reform of year
international monetary sysi
saying that may take at li
two years.
Since the currency apreeir*
U.S. officials have held prin
trade talks with officials (j
the Common Market, Japan
Canada. Treasury Seem
John B. Connally said
should be no trouble in gel;
a satisfactory trade package
LAKE VIEW CLUB
3 Miles N. On Tabor Road
Saturday Night: Charles Ellison and The Countrymen
From 9 - 1 p. m.
STAMPEDE Every Thursday Nite
(ALL BRANDS BEER 35?)
86 to 120 pass
Cadets take rigorous physical training test
Preparation began Tuesday at
A&M toward 1972 repetition of
a 1971 Army ROTC success rec
ord.
More than 120 cadets includ
ing some Air Force ROTC and
Marine Corps Platoon Leaders
Course participants took an Army
Physical Training (PT) test.
Col. Thomas R. Parsons, pro
fessor of military science, re
ported 86 Army cadets passed
the strenuous requirements.
They included weight lifting,
situps, pushups, chinups, deep
knee bends and a mile-run with
TAMU STUDENT SUPPORT PROGRAM
DISCOUNTS AVAILABLE FOR STUDENTS
AUTO REPAIR
RADIO, T. V., STEREO, TAPES
HOWARD-ZIKES MOTORS—822-2823
421 S. Main 10% off
BRYAN MUFFLER SHOP—822-2612
1309 S. College Ave. 5% off
TIP TOP RECORDS & TAPES
1000 S. Coulter Dr.—823-5745
10% off on albums & Tapes as well as some stereo components.
AUTO PARTS AND TIRES
FIRESTONE STORE—822-0139
2102 Texas Ave. 10% off
cn all merchandise, excluding sale prices.
BRYAN RADIO & T.V.
1301 S. College—822-4862
10% off on stereo components
Electrovoice, Scott, Sylvania.)
& sound equipment (Gerard,
ELLISON RADIO & T.V.
2703 S. College—823-5126
10% off of suggested retail price.
BEAUTY SHOP
COIFFURES AND WIGS BY JEANETTE
Manor East Center—822-1539
15% off on all hair goods; free shampoo with a set on Mon.,
Tues., Wed., and Thurs., evenings; $1.00 off on all up-do hair
styles.
T.V.
SOSOLIK’S RADIO &
713 S. Main—822-2133
2% to 8% off depending on product & price.
RESTAURANTS
BOOKS
THE BOOK CENTER—822-5912
108 S. Main 5% to 10% off on purchases of 3 or mpre books. price.
ilV \ V-' 1 ' i ; ' . ,< i M- 'V'' »' 1
CLOTHING
KENTUCKY FRIED CHICKEN
3320 Texas Ave.—846-3238
15% off on all merchandise unless otherwise specified by special
LOUPOT’S
University Dr.—846-6312
5% off on purchase of $25 and under; 10% off between $50 and
$25; 15% off between $50 and $75; 25% off on items above $75.
CASA CHAPULTEPEC
1315 S. College—822-9872
10% off of Mexican dinners 1 & 2.
RICSHA RESTAURANT
2025 Texas Ave.—822-1301
special meal for $1.25 with free drink.
FLORISTS
THE FLORAL CENTER
2920 E. 29th—823-5792
10% off on corsages and local orders.
ZARAPE RESTAURANT
311 McArthur E.—846-0513
10% off on everything on Fridays, Saturdays, & Sundays.
COLONIAL FLOWER SHOP
319 Patricia N.—846-0472
20% off on all local orders.
GASOLINE
BURGER KING
3807 Texas Ave.—846-8007
Free french fries with purchase of Whopper or Whaler and a
large drink; 10% off on purchase of 25 or more Whoppers or
Whalers from 8-10 p. m. weekdays & 8-11 p. m. weekends.
PREMIER SERVICE STATION
1201 Texas Ave.—822-9846
1? off per gallon if 26.9, 2? off per gallon if 27.9 or above.
DENNY’S
2712 Texas Ave.,—822-5335
Regular $1.65 Chicken Fried Steak for only $1.00 on Mon., Tues.
& Wed. After 7:00 p. m.
JEWELERS
DOUGLAS JEWELRY
212 N. Main—822-3119
10% off on all merchandise and repairs below $50 and 15% off
on those above $50.
BURGER CHEF
2301 Texas Ave.,—822-6334
10% off on “Big Treat” (Big Chef Burger, French Fries, &
Drink) 10% off on “Super Treat” ("Super Chef Burger, French
Fries, & Drink.)
POTTS CREDIT JEWELERS
207 N. Main—822-5921
10% off on all merchandise and repairs below $50 and 15%
off on those above $50.
DAIRY QUEEN NO. 1
1406 Texas Ave.—At Coulter
C. W. VARNER JEWELRY
University Dr.—846-5816
10% off on all merchandise below $50 and 15% off on those
above $50.
DAIRY QUEEN NO. 3
2919 Texas Ave.,—At Villa Maria.
WANT-A-BURGER
619 Texas Ave.—Across from Saber Inn.
“Belt Buster” Only 69^, greatest big burger in the whole big
state.
LIQUOR STORES
JAY’S PACKAGE STORE
701 Texas Ave.,—At Saber Inn
5% off on all purchases.
SPORTING GOODS
MUSICAL EQUIPMENT
HOOVER’S TENNIS SERVICE
332 Jersey—846-9733
5% off on all purchases above $5.
H & H MUSIC
1103 Villa Maria—822-1011
20% off on band instrument supplies, 20% off on guitar string
sets.
OTHERS
PHOTOGRAPHY AND EQUIPMENT
ODDS ’n N’s
1012 E. 26th—823-0511
10% off on all merchandise
CAMPUS PHOTO CENTER
University Dr.—846-5418
10% off on all purchases of $5 or more, 15% to 20% off on
cameras & large equipment, 20% off on access lens.
LITTLE DICKENS GIFT SHOP
804 Villa Maria—822-5823
Discounts as posted in store for Aggies.
BARKER PHOTOGRAPHY STUDIO
University Dr.—846-2828
10% off on all portraits
F. W. WOOLWORTH’S
110 N. Main—823-0187
10% off on purchase of $20 or more.
SHOW STUDENT ID TO OBTAIN DISCOUNTS
JUST A LITTLE HELP FROM A FRIEND
TEXAS A&M UNIVERSITY STUDENT SENATE
an 8.5 minute time limit. Cadets
performed the test at Kyle Field
in about 30 minutes.
“Not too many dropped out of
the mile run, which was surpris
ing,” commented Capt. Charles
Briscoe. Cadets ran the mile in
platoon formation wearing com
bat boots as part of the uniform.
It closely followed 80 deep knee
bends.
TAMU cadets have volunteered
for the summer Jump School at
Fort Benning, Ga. It will pre
cede and be in addition to the
regular six-week Army ROTC
summer camp.
Last summer, 38 of 41 Aggies
successfully completed the rug
ged three-<week school. Sixteen
of the 38 qualified at Jumpmas-
ter School between the fall and
spring semesters.
The PT tests indicate which
cadets are physically qualified
for jump school, Colonel Parsons
explained. The non-qualifiers
still have time to get in condi
tion and pass the test. A make
up will be given later.
officer, ‘here is a man rk
willing to do more and is to
ested in becoming a
Army officer.’ Becoming ja
qualified will thus help the ai
become a Distinguished Mil;;
Student which is necessary
RA commission consideration’
Cadets applying for Ear;
School, which will substitute!
regular camp next summer, u
also take a test thin week.
“If the cadet goes to regular
summer camp wearing the Air
borne patch, it’s a mark in his
favor,” Captain Briscoe com
mented. “It says to the tactical
They have to swim 20 nett
at P. L. Downs Natators
wearing the full fatigue wife
combat boots, web harnesu
carrying a weapon.
Miller publishes book after 20 years researtl
Twenty years of research by
an A&M history professor has
resulted in a comprehensive book
on Texas public lands.
Dr. Thomas L. Miller’s book,
“The Public Lands of Texas,
1519-1970,” has been published
by the University of Oklahoma
Press for release Feb. 15.
The author describes the his
tory from the time Spain claimed
Texas through it unwise early
management to the benefits
realized today. Illustrations
show land grant recipients and
amounts, maps, monetary bene
fits and photographs of histori
cal places and persons.
A $2,500 grant from A&M’s
Association of Former Students
made publication of the study
possible. Former Texas Sen.
Ralph W. Yarborough wrote the
foreword.
“The people of Texas need
such a history of their greatest
natural heritage,” Yarborough
wrote. “The need and the his
torian have met, and Thomas
Lloyd Miller has written a his
tory worthy of Texas, Texans
and their domain.”
Miller’s research began 20
years ago and included meticu
lous research at the General
Land Office. He has included a
brief sketch of each GLO com
missioner, including a biography
Garden Clubs will hold
confab on environment
A&M and Texas Garden Clubs,
Inc., have invited 600 of the na
tion’s leading garden enthusiasts
to a conference on the environ-*
ment Feb. 28-29 here.
Conference Chairman Robert
H. Rucker said “we’re taking
leap year for ecology,” in refer
ence to the meeting the 29th.
Included in the program is a
keynote address by Mrs. Maxwell
W. Steel of Huntington, Pa.,
president of the National Coun
cil of State Garden Clubs, Inc.
Her talk is “A Cleaner, Greener
Land” at the opening morning
session.
Rucker, A&M landscape archi
tect, noted the South Central Re
gion Environmental Conference
is aimed at participants from
New Mexico, Arkansas, Texas
and Oklahoma, but should bring
registrants from throughout the
nation.
Similar programs have been
held at Boston and in South
Carolina.
A&M’s recent designation as
one of the four original Sea
Grant Colleges resulted in the
first-day program dealing with
the sea environment.
The conference will be held in
A&M’s Memorial Student Cen
ter.
READ BATTALION CLASSIFIEDS
TRIBUTE TO EXCELLENCE
Fred R. (Skip) Kearns
The Fidelity Union Life Insurance Co. salutes Mr. Skip Kearns
for his outstanding sales and service record. During 1971 Skip
achieved the following honors:
1. Produced over $1,000,000 of permanent life insurance
2. National Sales Achievement Award
3. National Quality Award
4. Texas Leaders Round Table
After entering the Life Insurance business in March 1969 Skip
has grown to be one of the more successful men with this Multi-
Million dollar Insurance Company. We congratulate Mr. Skip
Kearns on his outstanding year of professional service to his
clients.
Charles F. Johnson & Associates
Aggieland Agency
846-8791 — Home Office - Dallas, Texas
and photo of the late Gen, Ei
Rudder who was president
A&M at the time of hisdeatk
An aerial view of A&M ari
ground shot of the campus'Ai
demic Building are included
the illustrations.
Dr. Miller is author of “Boi
and Donation Land Grants
Texas, 1835-1888,” published
1967.
NOW OPEN!
ADULT LIBRARY CL18
333 University Drive
Members Only
ADULT ART MOVIES
Open 7 Days A Week
Escorted Ladies V2 Price
Adult Library Club
Phone 846-9990
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