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August 27, 1965 - Image 28

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Text
Publication:
The Michigan Daily, 1965-08-27

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PAGE 8M

THE MICHIGAN DAILY

FRIDAV- ATTV.TTQT 91- 149-K

. ....X T E...C...N.AI.

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including 2 Cole swimsuits, a Miss. Pat
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a College Town sweater .and knee socks,
3 Van Raate slips, a Warner bra, girdle
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Soviet Scientist Deplores Race for Moon,

Greece's Monarchy
Faces Uncertainties

By The Associated Press
MOSCOW-The Soviet Union's
top scientific administrator de-
plored recently "the exaggerated
interest in the world" in putting
a man=on the moon. He added it
is too early to set a realistic date.
The United States has an-
nounced a target date of 1969 for
landing a man on the lunar sur-
face.
The Soviet scientist, Dr. Mstis-
lav Keldysh, said much remains

bad if he let himself be carried
away, if he acted on the basis of
insufficient information," he con-
tinued.
So far, it is not even possible
to pick a landing site for a man
on the moon, Keldysh said.
The SovietUnion, he went on,
plans to continue with its efforts
to land instruments softly on the
moon. The first two attempts last
May and June failed. The first
American attempt is scheduled
late this year.

photographed the far side of the
moon July 20.
Declines Comment
Keldysh declined to express an
opinion on the flight of Gemini 5
and deplored any nationalistic
competition in space research, re-
peating remarks he often has
made before on the need for a
scientific rather than competitive
spirit.
The next Soviet manned space
flight will come "when we have
completed our preparations with-
out haste or definite risk," Keldysh
added. Other Soviet space plans
are secret, he said.
Academician Alexander Mik-
hailov also speaking at the news

to
of

be learned before "we can talk
landing a man on the moon or

IS

a planet." Keidysh, president of the Soviet
Restraint Needed Academy of Sciences, spoke at a
"Man is approaching inter- news conference devoted to Zond
planetary travel but it would be 3, the Soviet space probe that1

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conference, explained the Zond
3 photos, plus the first Soviet
photos of the moon's far side,
showed that only 10 per cent of
it had flat, dark areas known as
seas. The waterless seas occupy
40 per cent of the side of the
moon that always faces the earth.
Mikhailov said internal factors,
rather than external ones such as
the earth's influence, probably
accounted for the differences. A
possible interial sign was the
large number of volcano craters,
he suggested. Only a small per-
centage of the moon's craters
seemed to be caused by meteorite
hits, Mikhailov said, and most
were volcanic.
Details
Newly disclosed details of Zond
3 showed it was a 2,204-pound
craft with one camera that took
25 pittures of the moon. It is
sending them back repeatedly as
it speeds into an orbit around the
sun, testing the distance from
which reception is possible.
The three pictures so far re-
leased were transmitted from
1,367,000 miles, compared with 134
million miles for the Mars pic-
tures by America's Mariner 4.
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By The Associated Press
ATHENS, Greece-The longer
the Greek crisis remains unsolved,
the darker the shadows that hover
over the monarchy's future in
this Mediterranean land with a
history of political unrest.
Critics increasingly have been
blaming the royal family for
creating its own troubles-a typi-
cal fuss, which most Greeks love.
- The crisis started July 15 and
steadily has been turning against
the Greek monarchy-just as King
Constantine was attempting to
Summer Lull
Slows Boom'
In Economy
By SAM DAWSON
Associated Press Busness News Writer
NEW YORK-You don't have to
look at the calendar. You can tell
from glancing over the financial'
pages of your newspaper that the
Dog Days are here again.
The stock market has been tak-
ing a breather after its summer
rally. The auto industry is coast-
ing as it changes over to new
models. The steel industry is in
effect marking time, as far as
planning goes, while the debate
over the labor contract pushes
against a Sept. 1 deadline.
Businessmen and consumers
alike are paying more attention
to plans for the last weekends of
the summer than to such complex-
ities as whither the economy may
be heading.
Lulls Market
And the very evident health 'of
the economy helps lull the mar-
kets and the business planners
in the late August siesta.
But once past Labor Day, ten-
sion will mount again.
Whatever happens in steel will
have an impact. A strike at first
would do little harm to the gen-
eral economy because for months
steel users have been piling up
inventories.
But a prolonged strike could
topple the 4-year-old 'business
boom. And whatever wage settle-
ment is reached, and whatever
price adJustments follow, will af-
fect other industries. Some warn
that a generous wage increase
could set off another wage-price
spiral in other industries.
Auto. Test
In September and October the
auto industry will be having a test
of its own. At stake willbe the
continuing life of the precedent-
setting sales boom. How the pub-
lic greets the new models-withn
open check books or with indif-
ference-will tell whether the auto
industry continues to suport the
general boom that started in 1961.
The stock market has managed
to produce enough of a rally to
satisfy the traditionalists who de-
mand a price rise to make sum
mer official. Market hesitancy in
recent days. may be Just a con-
solidation of previous gains, or
caution born of the steel uncer-
tainty at home and Britain's fi-
nancial crisis abroad. Or stock
traders may be reacting like most
everyone else to the last lazy
days of summer.
The fall also will see a test of
the victory the United States won
in managing a slight surplus in
its international payments after
years of running a deficit.
The victory was credited to the
voluntary action of U.S. banks
and corporations in slowing the
flow of American dollars abroad in
investments and loans. The test
this fall and into next year will
be how long the business com-
munity will prolong these volun-
tary curbs and forego the profits
It reaped in recent years.

Lull Before Test
Financial circles also see these
final days of summer as a lull
before a new testing of interest
rates. Corporate demand for funds
has been rising as business ex-
pansion plans grow. Some bankers
are saying that the autumn may
see a long-delayed rise in interest
rates, despite the frowns of the
administration.
If the economy takes longer
strides after Labor Day, the de-
mand for money may rise still
higher. The pressure on interest
rates will increase, if the great
store of investment funds is ex-
hausted.
But most of these problems are
being postponed, both in the
marketplace and in the board-
room. These are lazy days, even if
deceptively so.

build a more relaxed atmosphere
around his palace.
The cause of the sudden turn
of events against the young mon-
arch and his Danish-born wife,
Queen Anne-Marie. lies deep un-
der the surface and goes back
more than a-century.
A Danish prince was installed
as Greece's king by the 19th cen-
tury European powers in an at-
tempt to bring some measure of
stability to the restless Greeks.
The present king has no Greek
blood, and neither did his prede-
cessors. All Greek kings marry
foreigners. The Danish princess
whom Constantine married last
September brought hope of a
bright new era for the royal
family.
17 Years
It almost erased memories of
the past 17 years, when Constan-
tine's mother, the controversial
Queen Mother Frederika reigned
along with his father, the late
King Paul.
She has long been a target of
left wingers because of her Ger-
man origin and' membership in
the Nazi youth movement as a
young princess in Germany. She
often was accused of mixing in
Greek politics and using her per-
sonality and charm on politicians
for the benefit of the throne.
Rightists accused Frederika of
being responsible for creating the
political crisis in May 1963 when
King Paul forced Constantine
Caramanlis to resign as premier.
Eventually that crisis brought
George Papandreou and his Cen-
ter Union party into office.
Papandreou and King Constan-
tine argued over armed forces
control and the young king fired
him.
New Government
Many liberals want a republican
form of government for this coun-
try of 8.5 million population. They
contend that a monarchy has -no
place in Greece in this day and
age.
It is unlawful to criticize pub-
licly the Greek royal family, but
demonstrators in Athens and in
key cities of the country since
the Papandreou firing have
shouted in the streets: "Constan-
tine, take your mother and leave!"
Tense Situation
Under normal conditions these
people would be sentenced to
prison. But the situation is so
tense that police, powerless to stop
antimonarchy demonstrations en-
couraged by followers of the pro-

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Communist United Democratic
left party, do not want to provoke
further antagonism.
The crown considers the party
the most serious threat to its
existence. It appears that Papan-
dreou, in his bid to regain power,
also has condoned well-organized
street demonstrations.
The demonstrations have drawn
crowds crying out against the
crown and screaming Papan-
dreou's name in an effort to
bring down a government ap-
pointed by the palace.
Political Quarrel
Papandreou has said that he has
nothing personal against the king
and that the quarrel is "strictly
political."
Constantine has indicated he
will never reappoint Papandreou
premier again-even with his back
to the wall.
Constantine and his political
advisers are trying to stay clear
of new elections for the time be-
ing, fearing that Papandreou may
be re-elected and create an even
greater crisis for the Greek mon-
archy.
The king may also be thinking
of history. Papandreou, in another
political fuss exactly 50 years ago,
joined a movement that ousted
Constantine's grandfather, King
Constantine, during World War I.

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