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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Dec. 7, 1981)
age 8 THE BATTALION MONDAY, DECEMBER 7, 1981 Mational ileagan altering American Warped Iream, housing group says United Press International Major housing groups say the ;agan administration is pursuing j| course that threatens to take f /ay from future generations the }■ iportunity to realize the Amer- I in dream of buying a home. 1 - The National Association of ialtors, the National Association ' Home Builders and the Mort- ige Bankers Association Friday i intly accused the administration /proposing to do away with the l deral insurance agency that ! iderwrites low-cost loans. The three major agencies said ie Office of Management and udget wants to eliminate by 1987 j Government National Mort- || ige Association. The association acts as a federal insurance agency that gives FHA- and VA-insured piortgages extra clout in competing for the assets of large investors. The three groups distributed a document they said was prepared by the OMB. prop osing a phase-out of the insurance program. The president of the National Association of Realtors, Houston realtor Julio S. Laguarta, told a news conference in Washington: “The electorate didn’t say in elect ing Ronald Reagan that we re de ciding now that we’re going to price out or not give access to this new generation that’s coming along to have access to housing. “You’re going to take away from fi * TAMU WOMENS CHORUS CHRISTMAS CHORAL CONCERT W .sfs. Patricia P. Fleitas, Conductor the young people, my kids, the opportunity to buy a house.” FHA programs extend mort gages with down payments as low as 5 percent and the VA program with no downpayment. Although the government is committed to back about $80 billion in outstand ing mortgages in case the owners default, the programs actually show a profit to the government from a 1 percent fee charged bor rowers. It looks like fewer Americans will be able to afford a home as well, with the new reports of high er unemployment. The Labor Department said Friday more than 9 million Amer icans were unemployed in November, noting that Christmas shopping failed to curb the up ward trend. Actually, more than 10 million Americans are out of work, but only 9 million are counted by the government as technically unem ployed. Another 1 million are too discouraged to look for a job and therefore not included as part of the workforce. The nation’s basic money supp ly fell $900 million in the week ending Nov. 25 as the public shifted money out of checking account balances to save for the future. Police suspect ROTC instructor Missing student mystery case United Press International CHESAPEAKE, Va. — Inves tigators Saturday were trying to unravel the mystery of an ROTC instructor who talked three coeds into naming him beneficiary in life insurance policies before one of the women vanished, and the in structor killed himself. But letters leading police to suspect Army Capt. Dwight Bed- dingfield, 35, in the disappear ance were described as pure fan tasy Saturday by one of the woman involved in the bizarre story. qM£a? ► December 10, 1981 8:00 p.m. St. Mary's Catholic Church 103 Nagle College Station, Texas YOUNG CONSERVATIVES OF TEXAS Meeting Tuesday, Dec. 8 Guest Speaker: GEORGE STRAKE Beddingfield, a military scien ce instructor at Old Dominion University, was trustworthy, said Debora George, a 27-year-old stu dent at another college. George, one of three women who named Beddingfield as be neficiary on life insurance poli cies, said she did not believe state ments damaging to Beddingfield in letters written by the missing woman. Chesapeake Police Lt. Stephen ' Feehan said detectives had prob able cause to believe Beddingfield was involved in the disappearance of Janice Starr, 23, an Old Domin ion student from Chargin Falls, Ohio, who vanished Nov. 2. Beddingfield reported her mis sing after she missed a week of classes, and police found her apartment broken into and signs of a struggle. Feehan said an anonymous tele phone call to the missing woman’s mother said Starr had a nervous breakdown and was being cared for the day after she was reported missing. But Chesapeake detec tives say they believe Starr was the victim of foul play and they have found no trace of her. Starr, George and another un identified woman named Bed dingfield beneficiaries of life in surance policies worth thousand! of dollars. Starr’s policy is wor] $344,000. George said a detective show her letters and a diary written!;I Starr in which she wrote ofhel fears for her life and a series a tests, ranging from drinkingboulil involving lethal doses ofalcoholt an offer of $100,000 todriveac off a bridge. "The letters are illogical aij foolish, ” George said. "I haveij very positive attitude aU Dwight Beddingfield, and forth! girl (Starr) to suggest or peopletj say he was a murderer and all i!i| bunch of junk,” she said. Drew Houstc Houston homicide total surpasses 1979 record high Former Secretary of State of Texas Candidate for Lt. Governor Room 504 Rudder » Public Is Invited 7 p.m. United Press International HOUSTON — The discovery of two slain security guards Saturday morning pushed the city’s unoffi cial 1981 homicide total past the 1979 record of654, and police offi cials said the record rate probably will continue. Authorities blamed the city’s growth and influx of people for the record of 655 homicides this year. The soaring homicide rate “is a reflection of the society we live in,” Police Chief B.K. Johnson said. “The more people you con- the glomerate in an area, violence you have.” The latest victims, both Nige rian nationals studying at Texas Southern University, were found dead by another security guard in a guard shack at a Houston build ing materials company. Neither victim was armed, and police said they had no suspects in the killings. The current homicide rate breaks down to 635 adult killings and 20 juvenile killings. Homicide Capt. B.F. Adams said: “It’s just bad, and ifsbm had for the past three yean ! doesn’t look like it is goingtok| up.” Houston, with a population in Unite SAN FI llearst say 1.7 million, is the fifth largestcff Cai ,‘ n in the country. New York (popni.-jf 1 !! /J ° tion 7 million) recorded l,3lf lled b >; a murders through Septeral)f!L 10I ! 1 est * Chicago (population 3 million) reT 11 ' 1 N ai corded 800 killings to date; Loll n nc Angeles (population 3 million!bIP' cc vv( had 879 killings; and PhiladeiptiiBTl s< (population 1.7 million) has rt * 1 y vva corded 358 killings. pmiiiiiiiiiiiiiiiiiiiiiiHiiiiiiiiiiiiiiiiiiiiiiiiiiiiiMiiiiiiiiiiMiiiMiiiiiiiiiiiiiiiiiiiHiiiiiiiiiiiiiiiiiiiiiiiiHiiiiiiiimmmiiiiiiiimimiiiimmmiiimiiiiiiiMimmiiiiiimiiiiiiiiiiiiiiimiiiiiiiiiiiimiiimiffi get shot:: for AGGIELAND ’82 CHRISTMAS PARTY Monday, Dec. 7 at the Q-Huts Food & Square Dancing 7:30-10 p.m. All juniors and seniors weapon w fled in Car Berwards t but it real «was a bou i The wt Opshal, 4‘. 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