FRIDAY, DECEMBER 8, 1967

THE MICHIGAN DAILY

s

THE MICHIGAN flAtlY

PAGE FIrVE~

5

NO TAX RETURNS:
IRS To In estigat
SNCC, Carmichael

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DAILY OFFICIAL BI

ULLETIN

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ATLANTA (IP)-Federal author-
ities are looking into the financial
affairs of the Student Nonviolent
Coordinating Committee and
checking tax returns of world
traveling Black Power spokesman
Stokely Carmichael, it was learn-
ed yesterday.:
Internal Revenue Service has
no record of SNCC ever having
filed either tax returns or tax
exempt financial statements, re-
gional IRS office files showed.
When asked about this, IRS dis-
Devaluation
Decreases,
Gold Stock
NEW YORK (P) - The nation's
monetary gold stock dropped this
week to its lowest point in 30
years in the wake of the British
pound's devaluation and subse-
quent gold speculation, the Federal
Reserve Bank of New York said
Thursday.
The gold stock, used mainly to
back the dollar, stood at $12.434
billion Wednesday, lowest since
$12.433, billion on July 28, 1937.
This is the largest weekly drop
' on record. In Washington, the
Treasury said it had transferred
$475 million in gold to its ex-
change stabilization fund. This is
the fund managed by the New
York Federal Reserve bank which
handles gold transactions with
foreign countries. Customarily the
countries are not named.
The Treasury said the gold
would be used to settle the U.S.
share in supporting the London
gold, market last month and to
cover sales made to central banks
which asked the Treasury to con-
vert their dollars into gold.
Four banks were involved, sources
said, who are members of the Lon-
don gold pool which supports the
price of gold at $35 an ounce. The
names of the banks could not be
learned.

trict director A. C. Ross said he
could not comment on it. He was
asked if he would deny IRS was
investigating SNCC's tax situation
and auditing Carmichael's tax re-
turns for recent years.
"No, I do not deny it," Ross
said.
SNCC chairman H. Rap Brown,
who succeeded Carmichael as
head of the organization last May,
could not be reached. The New
York SNCC office declined even
to say where Brown might be. He
was in New York recently.
SNCC Attorney Howard Moore
Jr., who handles their legal mat-
ters in Atlanta, indicated he knew
of the IRS actions. But he said,
"I have no comment on what the
government does."
SNCC activity has shifted to
the New York office in recent
weeks since Carmichael began his
travels abroad. The headquarters
in Atlanta no longer has a tele-
phone and has appeared to be
deserted recently.
John R. Lewis, who was SNCC
chairman for three years before
his ouster by Carmichael in 1966,
said he believed tax returns were
made for the years he headed the
USE OF THTS COLUMN FOR AN-
NOUNCEMENTS is available to officially
renizedand rgstered student ora
onizationOl. Frsaeaalbei
room 1l11 SAB.
La Soiedad Hispanica, Una fiesta his-
panic d-tenaidad, iDec 8, 8:30 p~.
ing children, are cordially invited.
Baha'i Student Group, informal dis-
cussion: "Man, the supreme Talisman,"
Fri. Dec. 8, 8 p.m., 520 N. Ashley. Call
662-3548 if you need transportation.
Art Print Loan: All prints loaned out
must be returned December 8, 7-9 p.m.,
512sAB.
Michigan Christian Fellows h ip,
Christmas party, Dec. 8, meet at Engin
Arch at 7:30 p.m. for rides.

The Daily Official Bulletin is an
official publication of the Univer-
sity of Michigan for which The
Michigan Daily assumes no editor-
ial responsibility. Notices should be
sent in TYPEWRITTEN form to
Room 3564 Administration Bldg. be-
fore 2 p.m. of the day preceding
publication and by 2 p.m.rFriday
for Saturday and Sunday. General
Notices may be published a maxi-
mum of two times on request; Day
Calendar items appear once only,
Student organization notices are notI
accepted for publication. For morej
information call 764-9270. I
FRIDAY, DECEMBER 8
Da Calendar
Cinnema Guild-F. ,W. Murnau's Sun-
rise: Architecture Auuditorium, 7:00
and 9:05 p.m.
Professional Theatre Program-1967
New Play Project - Studs Terkel's
Amazing Grace: Lydia Mendelssohn
Theater, 8:30 p.m.
School of Music Concert-University
Choir and Philharmonia Orchestra-
Maynard Klein, Conductor, Bach Mass
in B minor: Hill Auditorium, 8:30 p.m.
School of Music Degree Recital-Linda
Thomas, Piano: School of Music Recital
Hall, 8:30 p.m.

Wehinger, Wyckoff, University of Mich-
igan, "The Philadelphia Meeting of the
American Astronomical Society": Room
807 Physics-Astronomy Bldg., 4:00 p.m.
Center for Programmed Learning for
Business Workshop - "Programmed
Learning Workshop": Michigan Union,
8:30 a.m. to 5:00 p.m.
eneral Notices
Professional Theatre Program New
with Cathleen Nesbitt and Victor Buo-
Play-Studs Terkel's Amazing Grace
no: Lydia Mendelssohn Theater, Satur-
day, Dec. 9, 8:30 p.m. and Sunday, Dec.
10; 2:30 and 8:30 p.m.
ITV Center Program-Educaticon: To-
day and Tomorrow. "Occupation: Stu-
dent"-a pictorial essay on the life
of students today and the pressures
they face. Host is Charles F. Lehmann,
Assoc. Dean of the School of Educa-
tion: WWJ-TV, Channel 4, Sunday, Dec.
10, 12:00 M.
Department of History Lecture-Pro-
fessor Lewis Hanke, University of Cali-
fornia, (Irvine), "Spanish Colonization
and the American Indian": Auditorium
D, Angell. Hall, Monday, Dec. 11, 4:10
p.m.
Linguistics Club Lecture-Daniel H.
Fullmer, Oakland University, "Cyclic
Phonological Rules-A Computer Gim-
mick?": Rackham Amphitheater, Tues-
day, Dec. 12, 7:45 p.m.

TV Center Program-Education: To-
day and Tomorrow. "What Are Schools
For?"-three educators and a lawyer
investigate the complex role of the
school, and a concerned parent is in-
terviewed by Charles F. Lehmann, As-
tion: WWJ-TV, Channel 4, Sunday, Dec.
sociate Dean of the School of Educa-
17, 12:00 M.
Dec. 30 Basketball Ticket Refunds-
The Dec. 30 basketball game between
Northern Illinois and Michigan has been
designated by the Regents as an "open
house" in the new Events Building for
the Ann Arbor community. Tickets to
the game will be distributed, without
charge, on a first come, first served
basis, on Dec. 28 and 29 from the
Athletic Administration Building. Per-

tti ECONO-CAII
STUDENTS-19 years of age and older
Short On Wheels?
Need a Car for Pledge Formal?
Let Us Plan Your Holiday Transportation
ALL BRAND NEW 1968 CARS
Only ECONO-CAR of ANN ARBOR Can Rent
to 19 year olds and older
438 W. HURON NO 3-2019

Astronomical

Colloquium-Drs. Sears,

ALL ATPRNS
LOANED
RETURN
51 2 SAB-7 :00-9:00
December 4-8, 1967
LA SOCIE DA D H ISPA NICA
willsponsor
UNA FIESTA DE NAVIDAD
Everyone including children, cordially invited
3050 FRIEZE BUILDING
8 P.M.-FRI., DEC. 8
No Admission Charge

(Continued on Page 6) 5 _ . - -.. .. "., -..- -.. __- ... , -. _- -. - . -. . . .
I
1I
* * eestee ll or rsts
K a-
gitpoble:M s .* .:tth4icue
x Choose from the rows and rows of LP's . . cover ing all phases You can also choose fros our
- of musical interest. You are sure to find all your favorites selection of Record accessories,
.come in and discover for yourself the pleasures a large choice of phoongraphs,
of shopping at the L.M.S. We'll be happy to assist you. television, radios, tape recurders,
and stereo car tapes.
~ 662-0675 East Liberty
USIC SHP Just Past AA Bank

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Your Discontinued Textbooks




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are worth real money!
if sold to Ulrich's WITH your currently good ones
YOUR BEST DEAL-FIGURE IT OUT!
Ulrich's sell your discontinued books to over
600 college bookstores. This way we get the
highest possible prices for YOU. At least 25%
of the books used this semester are now obso-
lete or discontinued.
-nother Ulrih service-

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Sunday, January7th
Sponsored by UAC, Office of Religious Affairs, SGC

Hill Auditorium

2:30 P.M.

DRUGS AND YOUTH CULTURE
Implications of a Turned-On Society
EDGAR Z. FRIEDENBERG-(Author: The Vanishing Adolescent,
The Dignity of Youth, Other Altruisms)

DR. JOHN POLLARD-Professor of Psychiatry,
Mental Health Research Institute
SENATOR ROGER CRAIG-Michigan State Senator

;-mm-

--' I

r

0 0*r
THE
GOOD

''

AngelI--Mason
1:30 P.M.

DRUG USE AND ABUSE: Medical and Biochemical Aspects
DRUGS AND THE LAW: Legal Restrictions and Outlook

JOHN SINCLAIR-Trans-Luv

t

DRUGS AND PERSONALITY CHANGE:

I

Psychological

Responses

ll.

DRUGS, AESTHETICS, AND THE ARTIST

Documentary and Experimental Films

Angell--Mason

WORKSHOPS