100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Download this Issue

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

This collection, digitized in collaboration with the Michigan Daily and the Board for Student Publications, contains materials that are protected by copyright law. Access to these materials is provided for non-profit educational and research purposes. If you use an item from this collection, it is your responsibility to consider the work's copyright status and obtain any required permission.

March 17, 1973 - Image 2

Resource type:
Text
Publication:
Michigan Daily, 1973-03-17

Disclaimer: Computer generated plain text may have errors. Read more about this.

Page Two

THE MICHIGAN DAILY

:>aturday, March 17, 1973

.4

GOVTS. TO INTERVENE:
Monetary

EMU Major Events C

J

decision reached

EMU Major Events Co
presents
B.B. KI
with special guest
Howlin Wolf

ommittee

MIG

By AP and Reuter

Thpir riprkinnc nnri the Rrliccplc

.ArIt ine uiracionA, anU ie usses
PARIS - The United States and agreement on European currency
its big trading allies agreed yes- floats will allow foreign exchange
terday on means to bring an end markets to reopen on Monday aft-
to the 1973 dollar crisis and to er being closed for two weeks fol-
find an orderly way to exchange lowing the fiercest bout of cur-
their currencies. rency speculation in financial his-
The decision came at the second tory.
special meeting of the United The ministers - including U.S.
States, Japan, West Germany, Treasury Secretary G e o r g e
France, Britain and nine other Schultz - agreed cautiously that
important monetary countries to it may be useful for governments
solve the monetary problem fac- to go into the markets to buy and
ing the West because of the mas- sell currency from time to time.
sive sale of dollars by foreign The others had strongly urged that
holders in. February and again in the United States do this.
early March. The international strategy to sta-
Terrorist bombings
upset Belfast area

bilize the exchange markets wasG
drawn up at the conference here
following last Monday's decision
by Common Market countries to
float their currencies against the
dollar.
The finance ministers from all 14,
governments agreed in principleC
to keep their currency values in
approximate line with official pari-
ties, despite the generalized float-
ing arrangements.
A communique issued at the end
of the meeting said the ministers
"agreed in principle that official
intervention in exchange markets
may be useful at appropriate times
to facilitate the maintenance of
orderly conditions."

Hope that the dollar would be
stronger "in 18 to 24 months" was
voiced by West German Finance
Minister Helmut Schmidt.
All said they would be ready to.
intervene "when necessary and
desirable." No further indication
was given on when or how that
might come to pass.

X

MARCH

23, 8:00 P.M.

BOWEN FIELD HOUSE

Couzen's Film Co-op
Presents
METZGER'S
LIBERTINE

$2--$3-$4 Reserved
Tickets may be purchased at
Ann Arbor Music Mart, Huc-
kleberry Party Store, McKenny
Union, Hudsons, The Branch.
APR11 1: URIAH HEEP
BILLY PRESTON

I

AP Photo
:NORTH VIETNAMESE OFFICER tries to stop a photographer
from taking a picture of a U.S. POW on a bus at Hanoi's Gia Lam
Airfield. The POW is a Marine, Fred Elbert Jr., who was captured
near Danang in August, 1968.

BELFAST (Reuter) - Guerilla
bomb squads. struck four times
within two hours in Belfast yester-
day and two men on their way to
work were shot from a passing car
in a Catholic area of the city.
The morning of violence follow-
ed the overnight killing of a promi-t
nent Catholic bookmaker, Larry
McMahon, who died when a bomb
exploded in the doorway of his
home. His murderers went on to
blow up a hotel that he owned
near here.
-Today's first two explosions
were within yards of each other
and destroyed a paint shop and a
newsstand. The third wrecked a
drugstore, and the fourth an inn.
Warning was given in each case
and no one was injured.
After the first explosion near

k
t
t
4
i
i

U.S.

threatens

withdrawal halt

By Reuters and UP! today from this American base, the city center, a fire raced,
:SAIGON - The United States along- with 60 Americans released through the paint shop, which had
yesterday called a halt to further in Hanoi two days ago. been hit by the guerillas four
withdrawals of its troops from times over the past few months.
:South Vietnam until it gets de- The arrivals included the long- Each time it was rebuilt.-
tails of the last American prisoners est held war prisoner in Vietnam, Firemen had to stand by watch-
of war still to be released by the Army Maj. Floyd Thompson, of ing the flames until the second
:communist side. Hudson, Mass., who spent 10 days bomb went off only five minutes
,A U.' S. military spksesnsoto in er npio n later.
said. more than 300 'servicemen leftPhlpMnadof cena, Both bombs were planted by
yesterday, completing the third th highecapturedinthAmerican armed youths who gave 15-minute
phase of the withdrawal, to coin- d warnings. Police and British troops
cide with the release in Hanoi of The latest POW group to arrive cleared the area, on the city's King
32 war prisoners which in turn at this repatriation reception cen- Street at the entrance to the
ended the third phase of the free- ter also included at least four and Catholic Lower Falls district.
ing in U. S. captives by North Viet- possibly as many as eight men As the paint stocks burned
nam and the Viet Cong. who were vocal in their opposition fiercely a pall of black smoke
The American -soldiers remain- to the war during their imprison- rose over the city.'
ing in Vietnam, numbering be- ment. The shooting took place in the
tween 5,000 and 6,000, are due to new lodge area just north of the
leave the country by March 28. Several of them were reported city center, when a group of men
The last 140 U. S. prisoners held to have taped antiwar statements heading for a nearby factory were
by North Vietnam and the Viet for Radio Hanoi and the Viet sprayed with machine gun fire
Cong are scheduled 'to be freed by Cong's Radio Liberation. sraedrwihachinedtofbe
th saedt.I from a car in what appeared to be
he same dateo In Washington, State Depart- a new sectarian murder attempt.
In the previous aprisoner ex ment spokesman Jerry Friedheim The two. men who hit were rush-
changes the Unitede States twice - ed to hospital but they were re-
ordered a stop to troop withdraw- said the department might discuss ed o o tey er e-
als until it received assurances the possibility of courts-martial gency treatment. There have been
that its-,.prisoners would be re- against the eight after the remain- 25 killings for apparent sectarian
leased. ing prisoners are released. motives so far this year in North-
The new U. S. action over priso- - ----- --- --- - -- -

ern Ireland.
According to a report in a Cath-
olic newspaper yesterday, McMa-
hon had been threatened several
times by Protestant extremists for
refusing to employ people they
nominated in a chain of betting
shops he ran here.
McMahon had built up a book-
making empire across the British
province after starting work as a
bartender at the age of 15. He was
a well-known member of the busi-
ness community here.
He died when he went to the
front door of his luxury home in
the Jordanstown suburb to answer
a ring at the bell. The bomb was
thrown into the hallway, killing
him instantly.
Only an hour later, a hotel he
had recently bought in the resort
district of Whitehead was de-
stroyed when the bombers struck
again. Although they gave a five-
minute warning of the second
blast, the hotel manager was ser-
iously injured in the explosion.
In the suburb of Glengormley,
another bomb destroyed dressing
rooms at a Gaelic football ground
during the night.
COMING
KEN KESEY'S
Paul. nEkiaaB ~4fIm FONDa
LEE REIIlCK
m9
Tues. & Thurs. 7:30 & 9:30 p.m.
{ March 20 &s 22 $1.25
Modern Languages Bldg., Aud. 3
NEW WORLD FILM CO-OP

In addition, France Belgium
and the Netherlands will impose
control measures to stifle the in-
flow of speculative capital.
In order to facilitate the Ameri-
can support action, other govern-
ments represented at the confer-
States.
ence have agreed to increase their
currency credits to the United
Canada has an estimated 15 per
cent of the world's surface fresh
twat er.
Based on the novel by
ICEBERG SLIM
Sot.& Sun. at5: 5, [
7 p.m. &9p~m
Mon. & Tues. at
1 3 5 9n

Starring
Catherine Spaak and
Gene Lewis Tringignant
Fri. and Sat.
March 16th and 17th
7:00 & 8:45 p.m.
50c Admission
RATED X
The Michigan
Daily Arts
Page is now
accepting
poetry for
publication.
Submit work
to Arts Editor
c/o The Daily.

DOUBLE FEATURE - HELD OVER
See 2 Fine Films For The Price of One
HAE W£

THERE HAS NEVER BEEN
A MOVIE LIKE

971-4323

"A multi-leveled mile-
stone movie; gloriously
funny, brilliantly
pointed and superbly
executed ente'tain-
ment, right on target."
-Judith Crist,
New York Magazine

THE ULTIMATE IN SOPDSTICATED
EROTIC ENTERTINMINT
COLOR BY TECHNICOLOR'
Qtrot Y~fAI1,N~ilE 0C

L

Hes X rated and animatedf

"Fritz, the Cat," 6:30, 10:00 - "Oh! Calcutta!", 8:05 only
"GULLIVER'S TRAVELS" and "FLASH GORDON" chap. 7
Sat. and Sun.--1 :00 p.m., 3:00 p.m.-All seats 75c
SATURDAY MIDNIGHT-"BARBARELLA"---see separate ad

II

Sat. & Sun. at 1 p.m. & 3 p.m.
"SNOOPY COME
HOME"
All seats 75c

SUBSCRIBE NOW

UAC-DAYSTAR PRESENTS
BETTE MI DLER

ners came as the threat of renew-
ed U. S. bombing faced the North
after President Nixon warned
Thursday he might retaliate un-
less North Vietnam stopped infil-
trating weapons and war supplies
into the south in violation of the
ceasefire accord.
The exchange of prisoners be-
tween North and South Vietnam
also went ahead yesterday after
an initial delay because of a dis-
pute over whether communist
prisoners would. be carried across
the Thach Han River in boats
flying the South Vietnamese flag.
At Clark Air Base in the Philip-
pines yesterday, 32 American
prisoners of war released by the
Viet Cong arrived including an ar-
my major held for nine .years.
The men were immediately tak-
en to the base hospital where they
joined 110 other ex-prisoners re-
leased by North Vietnam and
China earlier this week.
Most of them were busily com-
pleting their processing and pre-
paring to board home bound
flights to the United States.
The Operation Homecoming
command said three C-141 Star-,
lifter jets were scheduled to leave
The.Michigan Daily, edited and man-
aged by students at the Uniuersity 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-,
Lion rates: $5.50 by carrier (campus
area); $6.50 local mail (in Mich. or
Ohio); $7.50 non-local mail (othe
states and foreign).

Play Misty for Me
7&9:30p.m.
ti FRIDAY & SATURDAY
NAT. SCI. AUD. !1
Only 75c Tickets on sale at 6 p.m.

i,i

Call 764-0558

I' ______

_' t f
.

t

I

3 ,
i
i

LAST PERFORMANCE! TONIGHT-8:OO P.M!
THE UNIVERSITY PLAYERS
Proudly Present
SHAKESPEARE'S
"KING
LEAR"
MARCH 14--17
Power Center
TICKETS: $3.00, $2.00
Box office open 12:30-8:00
(curtain time) Phone: 763-3333
DEPT. OF SPEECH, COMMUNICATION, & THEATRE

I

Give The
Bear abreak.
You're the only one who can.
Because al1Smokey can do is ask you to help prevent forest ares.
He can't break your matches. Or douse your campfires. Or snuff out
your cigarets.
Only you can.
So, please, lend Smokey a hand.
And maybe whileyou're at it, lend him your voice too: tell people to
give the bear a break.
He deserves t.
So does America.

MARCH 31-8 p.m.

Hill Aud.

Reserved Seats $4.00-3.50-2.50
MICH. UNION 11-5:30MON.-SAT

sorry, no personal checks

763-4553

1

I

Wnem~aI
SATURDAY 17 MARCH:
GARANDHOTEL
n& 1 QQ C FArn, , A f . ,fi ;, ,r m n r, i"r...L. r%,Fv0......- - 4

I

I

FL FVFNTH ANN ARBOR FI M FFSTIVAL I

i

Back to Top

© 2021 Regents of the University of Michigan