Tuesday, July 9, 1968, THE MICHIGAN DAILY ,NEW CHALLENGES: President returns from Latin American summit Page Three Britain receives standby credits By The Associated Press t I -Asociated Press x T1he teneratioi1 gap Nattily dressed in a light suit with an open-neck shirt and dotted ascot, Canadian Pritne Minister Pierre Elliott Trudeau converses with more traditionally attired W. Walton Butterworth, U.S. ambassador to Canada. Reddened by the tropical sun and visibly weary, President John- son embarked yesterday on a quick Central American tour and declared he seeks "a road of hope for this hemisphere." Johnson, after visiting El Sal- vador since Saturday for summit talks with five Central American presidents, flew off for brief stops in Nicaragua, Costa Rica, Hon- duras and Guatemala. He gave the presidents of the four countries a lift home. The last stop last night was to be the LBJ Ranch, which the President left Saturday for his Journey south. Johnson at the departure cere- monies in San Salvador spoke of "the new strength and promise that we have here added to our Spartnership." The U.S. President said the na- tions of Central America, with the help of the United States, "have celebrated what there is to cele- berate" during the summit and "have determined to master the challenges thateremain." He said there was much to celebrate and many challenges to be met. He added that the meeting had "been fruitful because it has been responsible." Never before had a U.S. Presi- dent visited all five of these coun- tries, much less all of them on a single day. Johnson went out of his way to do this both in the physical, sense and as a matter of friendly good will, in a 1,050-mile detour en rout to his Texas ranch. President Fidel Sanchez Her- nandez of El Salvador suggested the five presidents begin annual meetings "since this meeting was so fruitful." The five presidents signed a joint declaration pledging their deter- mination to shore up their seven- year-old common market, faced with a worsening trade deficit and" with fresh taxes on imports. "The Alliance For Progress has left us with nothing but a name," Costa Rican President Joaquin TreJos Fernandez said Sunday night. "The alliance goals were too ambitious about what could be done in a short time," Trejos said. "It was damaging to think of such1 accomplishments."l At the same time, Trejos praised President Johnson's announce-o ment at the summit meeting of an additional $30 million in loans to the Central American Bank. -Associated Press Costa Ricans greet LBJ COMMITTEE OPPOSITION: Gun registraUion loses support ly in the British Common- wealth and in the oil sheik- doms of the Middle East. The Bank of England said in a statement that the central banks of the 12 countries "have given firm assurances of willingness to participate. in the arrangements." The $2 billion figure was given by Sir Leslie O'Brien, governor of the Bank of England. 'Both O'Brien and Chancellor of the Exchequer Roy Jenkins agreed the plan would mean a change in Britain's banking role. Jenkins also saw it as a major step in dealing with the vexing role ofw hat are called the ster- ling balances - pounds owed to, other nations. These have en- abled Britain ;to act as a banker but intensified_ every economic crisis since World War II. In last November's devaluation Commonwealth g o v e r n m e n t s watched helplessly as the vale of their money in London was cut overnight by 14 per cent. The new credits of $2 billion would cover about one-third of the sterling banked in London by foreigners. t In effect it is an insurance pol-. icy. The overseas depositors know' that there is less risk' to their money and therefore they are less likely to withdraw it. The announcement gave an im- mediate boost to Britain's pound; heading for another crisis., Joining in the support. plan were Austria, Belgium, Canada, Denmark, West Germany, the Netherlands, ' Italy, Japan, Nor- way, Sweden, Switzerland and the United States. TV RENTALS Twelve nations pledge $2 billion to prevent additional devaluations LONDON (2) - Britain has raised $2 billion worth of credit to stave off more speculation on the pound. Twelve nations agreed to guarantee the standby credit for about 10 years to protect the British pound during the transition and to prevent -another devaluation that might wreck the international monetary system. The details still must be Worked out and the package tied up with overseas holders of Britain's currency, especial- $10- per month call FREE SERVICE & DELIVERY WASHINGTON (P)-Key mem- bers of the House Judiciary Com- mittee declared yesterday they would fight any effort to,tie Presi- dent Johnson's gun-registration plan onto a bill banning interstate sale of rifles, shotguns and am- muntion. This sharply diminished the chances for registration legislation in this session. Chairman Emanuel Celler, (D- NY), and Rep. William M. Mc- Culloch of Ohio, ranking Repub- lican on the committee, said they fear the registration provision would kill the milder legislation. The two testified before the House Rules Committee, as it considered whether to clear the bill to ban the interstate sales. Both Celler and McCulloch, who would head House conferees on any Senate-House conference on gun legislation, were pressed to say what their stand would be if the Senate tied the registration provision to the House version. Celler said he would oppose such a move both on the House floor and in any House-Senate confer- ence, even though he personally favors Johnson's proposal. The House is expected to pass a gun control bill this week, but there is doubt a law providing stiffer restrictions on weapons can be sent to the President before Congress adjourns next month. Meanwhile, the Senate judiciary subcommittee on juvenile delin- quency heard witnesses mostly urging approval of legislation for registering and licensing. The parent- Judicary Commit- tee is scheduled to take up the bills tomorrow. The subcommittee is considering both the registra- tion and mail-order ban. One witness, James V. Bennett, president of the National Council for a Responsible Firearms Policy, testified beside suitcases and boxes stuffed with petitions that a witness said contained signa- tures of over one million citizens calling for strict gun controls. Sen. Thomas J. Dodd( D-Conn), the subcommittee chairman, said he plans to offer an amendment to put into effect immediately the firearms controls included in the recently enacted anticrime bill. in Congress for adjournment be- fore the Republican national con- vention starts Aug. 5. Congressional leaders have set the date for shutting down as Aug. 3, which may not be met. , Even so, the rush for adjourn- ment doesn't enhance the chances for so controversial a measure as stiffer gun controls to be passed this session. Prospects for meeting leaders' Aug. 3- adjournment target date were clouded by a brewing Senate fight over confirmation of the Supreme Court appointments. The Aug. 3 deadlin would be, hard to meet even without such a fight. Major legislation yet to be dealt with includes 10 of the 13 regular appropriation bills. Daley tries to ,mediate walkout CHIICAGO (I)-Mayor Richard J. Daley and a union chief con- ferred yesterday in a new move toward ending a strike that has prevented the installation of com- munications' equipment 'for the Democratic National Convention. They reached no agreement. But the labor leader estimated it woi~d take only 30 days to set up facil- ities for the convention, scheduled to open in 49 days. He also said he is "very hope- ful" the strike will be settled soon. James W. Cook, president Qf the Illinois Bell Telephone Co., \told newsmen Friday that installers would have to get into the Inter- national Amphitheatre, site of the nominating sessions, by yesterday if they were to put in all the equipmentt needed. Aug. 26 is the opening day of the convention. Daley, in his fourth attempt to mediate the dispute, talked for an hour with Robert A. Nickey, chairman of Systems Council T-4, International Brotherhood of Electrical Workers. The union' of installation ard repair specialists struck the tele- phone company May 8. Nickey told reporters that, if the strike ends, more workers are put on the project and they wrk around the clock, they could com- plete installations in 30 days or less. But a company spokesman said "work should start shortly or we never will finish on time." No definite date was set for further conferences._ Bell supervisory personnel have been handling the strikers' chores. But the company fears that, if the supervisory personnel try to install extra telephone, teletype and television equipment, picket lines would keep other craftsmen out of the amphitheatre. The dispute recently has prompted speculation that the convention might be shifted to some other city. But Democratic leaders have asserted it will stay in Chicago. There have been threats of trouble outside the hall on and after the convention opening. The National Mobilization Com- mittee, which organized the march on the Pentagon Oct 21, is cir- culating ,handbills saying it is planning "a massive demonstra- tion at the convention to express once again the demand for peace and social justice in America." Yippies also have talked of a demonstration under the auspices of the Youth International Party. Dick Gregory had planned a dem- onstration but called it off. NEJAC TV RENTALS 662-5671 Israel-Egypt clash clouds negotiations I All of control againstt the consideration o bills is taking the background of a f gun place drive eyW If THIS WEEK ONLY I University Players' 4 By The Associated Press Israeli and Egyptian troops ex- changed artillery and small arms fire for more than three hours yesterday along the Suez Canal cease-fire line, the Israeli army announced. The new clash, the first at the Canal since June 23, broke out at a time when the possibilities of a negotiated peace in the Middle East were under discussion in London, Moscow and Jerusalem. The Isreali larmy reported the battle began at 5:10 p.m. and con- tinued until UN observers ar- ranged a halt. The Israelis reported one of their soldiers wounded, but gave no information on Egyptian cas- ualties. AA P , 11 , Cairo's version of the fighting was still awaited after' nightfall. Israel said the battle was started by Egyptions. who raked Israeli positions north of Port Taufiq with artillery and small arms fire. The army said Israeli troops fired' back. , Israeli army reports said the fighting was along a six-mile front at the canal's southern end. Israel claimed one cease-fire was arranged, but that the Egyptians ignored it. Israeli troops then re- sumed shelling.Egyptian positions until the second cease-fire was ar- ranged, the army said. In London, meanwhile, there was a flurry of diplomatic ex- changes and some signs that Rus- sia was trying to get the Arabs and Israelis to agree on a settle- ment. President Gamal Abdel' Nasser of Egypt prolonged his stay in Moscow for additional talks with Soviet leaders on the Middle East. In Jerusalem, Foreign Minister Abba Eban told the Israeli cab- inet yesterday there was nothing to indicate Egypt is ready for peace. i WELCOME STUDENTS ! . DISTINCTIVE COLLEGIATE HAIRSTYLING for Men- And Women- *8 Hairstylists THE DASCOLAI Near Michigan BARBERS Theatre I U SHOW TIMES Mon. thru Sot. 7 and 9 Sunday 3-5-7-9 r" -I 8 pe m. .. Air-Conditioned CAROL WHiTE IATAINS STARDOM IN'POOR COW, AFEMININE"ALFIE!' Carol White emerges as a rival of Julie Christie & Faye Dunaway, A STAR IS BORN!" -Wanda Hate. N.Y. Daily News "ONE OF THE YEAR'S 5 BEST! The sizzling diary of a girl whose life swings like a pendulum between U n<. two men!" --Robert Salmaggi. WINS Radioia'.",, It you are squeamish, may we recommend that you do not watch the first five minutes of 'Poor Cow during which an actual birth scene is vividly and graphically portrayed on the screen. --The Management .1 Lydia U PA.1 PP QUi~n l I !yiI icrM!Nmte f rebUs. . ' ,a