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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Oct. 3, 1974)
barker photography 846-2828 PRE CHRISTMAS PORTRAIT SALE II / 'S BUY ONE PORTRAIT AT REGULAR PRICE AND GET 2nd PORTRAIT FOR HALF PRICE GOOD ON ANY IMPERIAL COLOR PORTRAITS TAKEN DURING THE MONTH OF OCTOBER Kissinger says THE BATTALION THURSDAY, OCTOBER 3, 1974 Page 7 CIA to brief House WASHINGTON (AP) — The House Foreign Affairs Committee has gained assurances from Secret ary of State Henry A. Kissinger and CIA Director William E. Colby that it will be advised in advance of any future covert operations abroad. “We wanted to get this first step done,” Rep. Dante B. Fascell, D-Fla., a principal proponent of broader House review, said in a in terview Wednesday. “The other issue that ought to be examined now as a matter of na tional policy is whether our country should be involved in such opera tions,” he said. Until now, on the House side, the Central Intelligence Agency has briefed only an armed services sub committee headed by Rep. Lucien Nedzi, D-Mich. As a result, Fascell said, the foreign policy implications of CIA operations such as the ac tivities in Chile against former Pres ident Salvador Allende were not re viewed. “You would know covert ac tivities were occurring, by normal conclusion and osmosis,” he said, “but it was not possible for our committee to get the information. We could never get a direct ans wer.” , In hearings last year after Allende was overthrown, Fascell’s inter- American subcommittee called State Department and CIA officials. “All of that testimony led to one specific end,” Fascell said. “Either the State Department people couldn’t tell us or wouldn’t tell us. State’s response generally was ‘you’ll have to get it from CIA.’ And when Colby testified he said, T can’t give you that, I can and will give it to the appropriate subcommittee.’ “This whole arrangement has been totally unsatisfactory.” Colby’s testimony before the Nedzi panel led to disclosure last month of covert anti-Allende prog rams in 1946 and from 1969 to 1973. Kissinger heads the supersecret Committee of Forty which gave its approval. On the Senate side, covert infor mation is given only to a special sub committee headed by Sen. John Stennis, D-Miss. Instructor writes crime control book Business Administration college receives new faculty members Dean John E. Pearson reports 14 new faculty members in the College of Business Administration. Dr. Warren Rose in the Business Analysis and Research Department and Dr. Robert Baird of manage ment are visiting professors this year. Rose is on leave as chairman of the Transportation and Logistics Management Department at the University of North Florida. Baird is on sabbatical leave from his post as associate dean in the College of Business from the University of Hawaii. BB&L Bryan Building & Loan Association Offices in Bryan/Huntsville/Madisonville • Save-Mobile service to CaldwelL/Franklin/Normangee BB&L savings accounts vs. stocks and bonds. Guess which is a better hedge against inflation. Guess again. The belief that common stocks (or long term Government bonds) preserve capi tal better than BB&L savings accounts simply isn’t true. In periods of inflation, this presumption is even more erroneous. The chart below tracks asset (cash-in) values of a $10,000 BB&L savings ac count, compared to the same amount of Dow Jones average industrial stocks and U.S. Treasury bonds. Note that on very few months in 9 years could an investor pull his savings out of the mar ket without a loss of principal. Through out the entire period, of course, a BB&L customer could step up to the savings window and withdraw every penny of his investment — plus accrued interest. BB&L savings accounts returned a greater yield than stocks or bonds, too. But that’s another story. $12,000' ASSET VALUES ( $10,000 Invested Capital) /BB&L / Savings Account Dow Jones industrial stocks t / V v A A sf\ i; '• i * i« :* v La * 1/ \ 11 \ A * Y N * c / ♦ i / * \* j f * * VJ / \ / ^ r M / / / % * r\ i 1 1-.-. U.S. Treasury bonds 1 1 1 M *» II 1 1 1 * 1 1,., 1-,. a\ Nj w i-l 1 —1 1 1 —1..1 L..„, V\ ,x v « i i i % » \ ^1 1 SOURCE: U.S. Savings & Loan League and the Investment Company Institute. (Some reports, including Economic Indicators, published by the President's Council of Economic Advisors, express earnings for common stocks in much less favorable terms than indicated here. The case can be stated in a great many ways usihg different indices, weighted advances and declines, beta factors and regression equations, but simple lines tell the story . . .) Denny F. Pace, instructor ol safety education at TAMU, co authored a book on controlling or ganized crime. It was recently published by Prentice-Hall. Pace and Jimmie Styles, vice chancellor of Tarrant County Junior College, study the interrelations of organized crime within the social structure, role of the legal system in control. They also study administrative structures and procedures in crime control agencies, specific vice viola tions and business operations infil trated and controlled by criminal in terests. The pair published a “Handbook of Narcotics Control” in 1972 and Pace wrote a “Handbook of Vice Control” in 1971. New associate professors are Dr. James Benjamin in accounting and Dr. Gary Richardson in business analysis and research. Benjamin is a graduate of Indiana University. Richardson comes to TAMU from North Texas State University. [ Campus briefs ] Senior Sweetheart Dance set The class of’75 will hold its Senior Sweetheart Dance in the MSC Ballroom Oct. 19 from 8 to 12 p.m. The cost is $3 per couple. Voting for the senior sweetheart will be held at the ball after nominees at large have been screened and narrowed down by the Sweetheart Commit tee. The winner will be presented after the votes have been tabulated. For more information contact Louis Gohmert at 845-1040. Disc jockey positions available Applications are still being taken for disc jockey positions for Student Radio. Anyone interested in working at the station is urged to contact Jim James at 823-2756 between 5 and 10 p.m. weekdays. Tours of Rudder conducted Guided tours of the J. Earl Rudder Conference Center are conducted each Thursday. Interested persons should assemble at 10 a. m. in the Rudder Tower registration lobby, on the second floor. Group tours can be arranged by contacting the University Center scheduling office (845-1311). Tours are not conducted on holidays. Medical ethics is lecture subject The Premedical-Predental Society will present a special lecture by Dr. David B. Tyler, professor of pharmacology at the University of South Florida’s College of Medicine. The lecture will be held Oct. 7 at 7:30 p.m. in the Rudder Center Theater. Dr. Tyler will speak on “Moral and Ethics of Medicinal Practice. Board installment due The second installment board payment for the 1974 Fall Semester is due on or before Oct. 8, 1974. The amount is $127 for the 7-Day Board Plan and $114 for the 5-Day Board Plan. Please pay now at the Fiscal Office, Richard Coke Building, to avoid penalty. Freshmen score above average Entering freshmen this fall had an average Scholastic Aptitude Test (SAT) mean total score of 1057, well above the national average. This increase is seen as significant in light of the university’s large enrollment increase this fall. The national average was 924 for 1973-74. University officials announced earlier this week the student body now includes 129 National Merit Scholars, up 14 from last year when TAMU ranked 17th in the nation in enrollment of these high-achievement students. HOUSE OF TIRES COULTER AT TEX. AVE. 822-7139 BRYAN — HOUSTON — CONROE — PASADENA STEEL BELTED 40,000 MILE TIRE EWALLS TWO FOR ,E78X14 F78X14 F.E.T. 5.22 PICK A PAIR PRICE G78X14 G78X15 $e0|99 H78X14 H78X15 $ 5Q" +FE T. 6.12 L78X15 $4LC99 EASY CREDIT COSTS NO MORE »► OUNLOP QUALITY COSTS NO MORE DUNLOP QuAUlY CO