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-