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March 16, 1973 - Image 2

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Publication:
Michigan Daily, 1973-03-16

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Page Two

THE MICHIGAN DAILY

Friday, McarcK 16, 1973

Page T w o H E IC HI A N AIL YFri ay, arc 16, 197

DOLLAR CRISIS CONTINUES

Nations confer in Paris

JAZZ

IN DETROIT

By AP and Reuters
PARIS - The dollar declined'
against major European curren-
cies yesterday on the eve of the
Paris meeting expected to end
three weeks of monetary crisis
throughout the Western world.
The dollar had been showing
some signs of strengthening over
the past few days and some Euro-
peans had expressed hope that the
dollar crisis that began in early
March might be ending.
But uncertainty seemed to devel-
op on what might be the outcome
of today's major meeting of non-
Communist trading nations in
Paris.
Representatives of the '14 na-
tions most deeply involved in the
Union fun

latest monetary upheaval are ex-, ference is whether the U n i t e d

pected to make final decisions to
enable foreign exchange markets
to reopen normally on Monday
when they gather here today.
Success for the conference seems
assured following last weekend's
decision by the nine-nation Com-
mon Market to float six currencies
jointly against the dollar and the
three per cent revaluation of the
German mark.
Treasury Secretary George
Shultz conferred with Chancellor
Willy Brandt in Bonn yesterday on
the monetary crisis before flying
to Paris.
Total secrecy was imposed on the
outcome of their talks.
A key question at today's con-

States will assist the Common Mar-
ket's plans for a joint float against
all other currencies by taking
steps to support the dollar.
West German newspapers sug-
gested that no strong U.S. commit-
ment to help the Europeans on the
money front could be expected
unless the Common Market offers
such return favors as lowering
trade barriers to agricultural and
other imports from the United Stat-
es.

TWEATHER REPORT
MAR. 16=18
STRATA CONCERT GALLERY/46 SELDEN
TICKETS: $4 advance. $5 at door
FIRST SHOW, 9:30-SECOND SHOW, MIDNIGHT/FRI. & SAT.
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4

ds payoff

-a
4

Yablonski murders?

ERIE, Pa. {P)" - The prosecu-
tion began calling union organizers
and pensioned miners to the stand
yesterday in an attempt to link the
United Mine Workers and defeatedj
union president W. A. "Tony"
Boyle to what the prosecution con-
tends was payoff money for the
Yablonski murders.

Frosty
AN INDIAN IN WOUND
guard duties to confer
character as the Amer
week of occupation of thei
PENTAGON P
ourt

.-.- .. :As the state's murder trial of
AP Photo former UMW organizer William
the Snow guard? Prater resumed in Erie County
b Court, one witness admitted lying
ED KNEE, S.D. takes time out from his to a federal grand jury probing
with a fellow warrior of rather frigid the killings and said he feared he
ican Indian Movement begins its third would "be killed, too" if he chang-
ir newly declared nation. ed his story.
Noah Doss, a union organizer in
the Tennessee-Kentucky coal fields,
APERS: testified yesterday that he helped
arrange kickbacks in union funds.
" He said he had lied when he told
e grand juries he was never involv-
ed in a kickback scheme with Al-
bert Pass, who is scheduled to

Prater and Pass are accused of
helping divert union funds to pay
for the murders of Boyle's arch-
rival in the union, Joseph A.
"Jock" Yablonski, and Yablonski's
wife and daughter.
The government claims that Pra-
ter and Doss were among six or-
ganizers in the UMW's District 19
who helped divert $20,000 in union
money to pay for the killings.
,1
Soviet decree;
may restrict
publications
MOSCOW (P) - A new Kremlin

I

I

law made public yesterday could

called by defense

stand trial on state murder charg- sharply restrict publication in the
es iWest of works by Russian authors

LOS ANGELES (P) - Theodore'
Sorensen, special counsel to Presi-t
lent John F. Kennedy, arrived yes-
terday to testify in behalf of Daniel
Ellsberg and Anthony Russo at
the Pentagon papers trial.
Sorensen, the fourth Kennedy
adviser called by the defense, said
he would tell jurors that two vol-
umes of the top-secret Pentagon
study of the Vietnam war had no
relation to U.S. national- defense
by the time Ellsberg and Russo!
nnIA d h in 1940

that release of the Pentagon pap-
ers in 1969 would have had no ef-
fect on U.S. defense interests.
Before Sorensen could take the
stand, the government prosecutor
cross-examined a 79-year-old Can-
adian diplomat, trying to prove
that the witness tried to encourage
Vietnam peace talks in 1966 only
because of Canadian "ulterior mo-
tives."
The witness, white-haired Ches-
ter Ronning. emphatically denied

The Michigan Daily, edited and man-
aged by students at the University of
Michigan. News phone: 764-0562. Second
Class postage paid at Ann Arbor, Mich-
igan. 420 Maynard Street, Ann Arbor,
Michigan 48104. Published daily Tues-
day through Sunday morning Univer-
sity year. Subscription rates: $10 by
carrier (campus area); $11 local mail
(in Mich. or Ohio); $13 non-local mail
(other states and foreign).
Summer Session published Tuesday
through Saturday morning. Subscrip-
tion rates: $5.50 by carrier (campus
area); $6.50 local mail (in Mich. or
Ohio); $7.50 non-local mail (other
Sstates and foreign).

considered anti-Soviet.
The law, passed Feb. 21 by the
Supreme Soviet and signed by Pre-
sident Nikolai Podgorny, was dis-
tributed yesterday in the legisla-
tive body's latest weekly bulletin
of new legislation.
The law seemed aimed at stop-
ping publication abroad of "samiz-
dat" works critical of the regime.
Samizdat, which means self-pub-
lished, circulates clandestinely in
typewritten copies and many such
works eventually reach the West
and are published there.

I

c0pe t mem ii n11 6U Y. , -.
In the past week, the Kennedy this.
"New Frontier," has, been repre- He said President Lyndon B.
sented at the trial in testimony of Johnson believed in the "good
former advisers McGeorge Bundy, faith" of Canadian efforts to bring
Arthur Schlesinger Jr. and John U.S. and Hanoi officials to the ne-
Kenneth Galbraith. All have said gotiating table.
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