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September 28, 1972 - Image 8

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Text
Publication:
Michigan Daily, 1972-09-28

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PQge Eight

THE MICHIGAN DAILY

Thursday, September 28, 1972

Page Eight THE MICHIGAN DAILY Thursday, September 28, 1972

Philippin
MANILA (P) - President Ferdinand Marcos
announced more reforms in the Philippines
yesterday, telling his people to start standing
in line, to drive properly, behave in public,
and not be so noisy.
Marcos' programs also include., a "friendly
persuasion" approach to long-haired youth.
As Marcos' imposition of martial law enter-
ed its fifth day, he could also point to sweep-
ing tax and land reforms, action against cor-
rupt or inefficient judges, and reforms of,
banking laws and sugar and rice marketing
organizations.

shape-up

orde

Press Secretary Francisco Tatad read out
presidential directives which said that edu-
cational teams of Reserve ,'Officer Training
Corps cadets wiill teach the,-citizenry proper
driving habits and, correct public behavior,.
Tatad said motorists will'begin to observe
all traffic regulations in a city where previously
it seemed the only requirements for driving
were ,a ,horn and an accelerator.
Shoppers in the new society; will learn to
stand in line "the way they do ink other cities,"
Tatad said. He added the educational teams
will teach the public to put litter in the proper

receptacles.
He said the armed forces are conducting
the program of "friendly persuasion" against
long-haired youth. Tatad had announced earlier
in the week that long hair was all right. He
wears a mod style himself.
The publishers of newspapers and owners
of radio and television stations already have
been told that if they wish to resume operations
they, too, must get in line.
Banned are gossip columns, society pages,
offensive and political advertising and sensa-
tional crime reporting, long a trademark of

red by
what was once the freest press in Asia.
Newspapers are permitted -only "straight,
factual and objective reporting" and no editor-
ial opinion'or commentary.
The one television station that was not clos-
ed continued flashing new society slogans, in-
cluding one that read "short hair is in, long
hair is out."
Marcos added fresh details to the, plan he
has set in motion to create reforms in this
island natior of 37 million persons.
It calls for:

Marcos
-The forced resignation of all judges deem-
ed corrupt or inefficient.
-Implementation by decree of sweeping tax
reforms that have been stalled in Congress for
five years.
-Establishment of land reform throughout
the country based on cooperatives in which
farmers will own shares.
-The reorganization of the graft-ridden rice
and sugar marketing organizations.
-The redrafting of the charter of the Phil-
ippine National Bank in what was announced as
the start of a major reform of banking laws.

20 yrs. and older
761-8845
INTERNATIONAO
A Service of Westinghouse

"

'VICTORY FOR AMERICA':

tNixon travels. coast_
to coast for votes
NEW YORK (M - President Nixon carried his re-election
campaign from the Atlantic to the Pacific yesterday, predict-
ing he would score "a victory for America" in November and-
calling for an end to international terrorism.
As the President was flying westward over the continent,
the White House released a statement in which he called for
all nations and all civilized people "to act in concert to re-
move the threat of terrorism from the world."
From Manhattan, where Nixon sounded an optimistic
forecast of his re-election to be "an even greater victory. ..

I

GO WI'

IN THE WES
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STUDENT

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I

a victory for America," he flew 1
that state's 45 electoral votes.
Decision
nears on
wage law r
WASHINGTON (P) - House
Democrats trying to break a dead-
lock on minimum-wage legislation
were reported near agreement with
key Southern members yesterday
on a compromise calling for an
increase to $2.10 an hour.
The $2.10 rate in the agreement
would be halfway between $2 ap-
proved by the House and the $2.20
in the Senate bill.
The compromise bill has been
stalled in the House for two
months by a coalition of Repub-
licans and Southern Democrats
who are seeking advance guaran-
'tees that a House - Senate confer-
ence will stand by the more lim-
ited House bill.

to California to campaign for
Nixon stopped in Los Angeles
for a fund-raising dinner - one in
a series Hof the $1,000-a-plate events;
through which Republicans hope'
to add more than $10 million to
their already bulging campaign
treasury..
ThePresident plugged in his
fund - raising dinner speech for:
"the support of a clear majority
of the American people so that we
can do those things that America
needs to have done for it."
With an overwhelming mandate,
from the voters, Nixon said he can.
"carry forward in exciting, new
programs, on the domestic fronts
that are just as important as those
we have been able to carry for-
ward on the international front."
He recited his foreign-policy
initiatives, including his trips ,to
Peking and Moscow, and declared:
"We have. changed, the world, and
the world will be 'better for it."
But he asked for support "so that
we can finish the job, so that ywe
can continue the work we have
begun."

4

Prospects bright for
new monetary system

WASHINGTON ({AY - Optimism
over prospects for reform of the
world's money system rose steep-
ly yesterday when France posted
a one-year target for agreement
on new currency - exchange rates
for the non-Communist countries.
But disagreement quickly sur-
faced, even among the European
Common Market countries, over
what should finally replace the
dollar as the new standard of
value.
French Finance Minister Val-
ery Giscard d'Estaing told gover-
nors of the 124-nation International
Monetary Fund (IMF) that gold
should be "the impartial indica-
tor" of value, rather than the so-
called paper gold that the United
States favors-the IMF's Special
Drawing Rights.
The Netherlands Finance Minis-
ter, R. J. Nelissen, challenged the
French view, saying: "In my opin-
ion, gold should not be the pivot
. Any creation of international
reserves in the future system
should not depend on gold."
Giscard d'Estaing suggested the
finance ministers should reach fi-
nal agreement on a "stable but

adaptable" exchange rate mecha-
nism at the IMF annual meeting in
Nairobi, Kenya, next September.
This would be thefirst of three
stages, the Frenchman said. It
would be followed by restoration
of free convertibility of all cur-
rencies - including the U. S. dol-
lar, whose convertibility into gold
was suspended by President Nikon
on August 15, 1971 - and finally,
in the suggested third 'stage, by
agreement on the new standard of
value.
The Frenchman noted that un-
til recently many predicted the
world .would divide into. separate
economic blocs "and that the era
of a universal code was a thing, of
the past."
But he said statements made in
the past two days, including the
comprehensive U. S: reform pro-
posals presented by Treasury Sec=
retary George Shultz, have im-
proved the outlook.
Others have expressed the view,
privately or in open session, that
the far-reaching U. S. proposals
have cleared the way for pro-
gress in negotiation.

If II

History
Undergraduate Association
MASS MEETING
1:30 p.m.-September 28
Ughi Multipurpose Room

I

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