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December 05, 1972 - Image 2

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Publication:
Michigan Daily, 1972-12-05

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Page iwo

Tuesday, December 5, 1972

Page' rwo 1 uesdoy, December 5, 1972

4

Corporations attacked by

Allende in U.N. speech
By AP and Reuters Allende's allegations "unfounded.' in profits out of Chile from an ini-
UNITED NATIONS - Chilean Allende also accused the Kenne- tial investment of only $300 mil-
President Salvador Allende yester- cott Copper Corp. of causing ser- lion. While Kennecott averages a
day accused major multi-national ious damage to the Chilean econ- 10 per cent annual profit in other
corporations of committing "ser- omy. Since its El Teniente mine: countries, Allende charged its pro-
ious aggression" against his com- was nationalized last year, Kenne- fits in Chile have ranged from 106
try. , cott has filed suits in European percent in 1967 to more than 205
In a 90-minute address to the courts to prevent buyers f r o m percent in 1969.
U.N. General Assembly, he fur- By contrast, he said, $4 billIon
ther charged that the "overwhelm- "would completely transfor:n Chile.
ing and uncontrolled" force of
multi-national corporations is wor- surest a part of this sum would en-
igagainst the interests of devel- sure proteins in perpetu,.ty for all,
ing agis h trsso ee-my country's children.
oping countries everywhere.
Allende specifically accused In- Attacking the "trans-national
ternational Telephone and T e I e- corporations" in general, Allende
graph Co. (ITT) of attempting to said that these enterprises had in
foment civil war in his country. . one year repatriated profits from
Both ITT and the Kennecott Copper the Third World totalling $1,700 mil-
Corp. have been fighting the na from Latin America $280 mil-
tionalization of their properties in lion from Africa; $366 million from
Chile. the Far East; and $64 millioc from
Linking ITT to a terrorist cam the Middle East.
paign which culminated in the as "We are witnessing a piiched
sassination of the army commaid- battle between the great transna-
er in chief, Gen. Rene Schneider, tional corporations and sovereign
two years ago, Allende accused states," Allende declared.
ITT of having launched a "sinister F
plan" to prevent him from taking -det.es.
office after he was elected in Sep he said, "are being interfered with
tember of 1970.by world-wide organizations which
arenotaccuntable to or reg-
Documents brought to light this uae y n alaeto n
ha c er lu on i ed re eMated by , a y p rlia et or in
summer, Allende continued, reveal stitution representing th6 olc
that in October, 1971, ITT present- t.{ ..:.... .:. ive interests."
ed to the U.S. government a plan In wrdtc.
to overthrow the Allende governa word Allende concluded
ment. Its objectives included, he Pres. Allende "the entire political structure o

I

AP Photo
Assault mission
South Vietnamese infantry boardhelicopters lined up on Route 4 yesterdayas they prepare for a com-
bat assault against reported North Vietnamese troop concentrations near the town of Ba Dua in the
Mekong Delta. Traffic was temporarily halted along Route 4 so that the helicopters could use it as a
helipad.
EXCEEDS $80 BILLION:
Laird. annouces $4 billion
increas in11Penl-tagon budget

k
i
1
i'

said, "strangling the economy, dip-
lomatic sabotage,esowing panic taking delivery of copper exported
among the population, and foment- from Chile.
ing social disorder" in the hope of Insisting that only its own courts
getting the military to step in and have jurisdiction over Chile's basic
impose a dictatorship. resources, Allende called Kenne-
An ITT spokesman in New York cott's efforts to stop Chile's exports
later denied that the company has "audacious."
"interfered in the internal affairs In the last 42 years, he declar-
of Chile in any way" and termed ed, Kennecott has taken $4 billion
*

i
.

!j

ine wvrla is oeing unaerminea.. I

Koala bears eat only eucalyptus
leaves. The bears, native to Aus-
tralia, are marsupials, or mam-
mals with a pouch for their
young.
II

--- - - -- ----

WASHINGTON (P)-Secretary
of Defense Melvin Laird said
yesterday that the Pentagon bud-
get will be increased to more
than $80 billion next fiscal year.
The current spending figure is
about $76 billion.
Laird's forecast was a change
from predictions made two weeks
ago. by a high-ranking Pentagon
official who said he anticipated
a cut in spending for the com-
ing year.
Although Laird said details
were lacking because planning

had not been completed, he told
newsmen that manpower cost
increases for the fiscal year
starting July 1 will eat up $3.9
billion alone.
Pentagon sources said other
inflationary costs and increased
spending for research and de-
velopment would account for the
rest of the 1974 jump.
Laird discussed the budget
situation just before he left for
Brussels and the upcoming round
of ministerial talks in the North
Atlantic Treaty Organization.

The secretary said he would
stress to the other NATO minis-
ters "that this is not the time to
make unilateral cuts in defense
budgets."
This is particularly import-
ant now, he said, because of the
mutual balanced force reduc-
tion talks starting Jan. 31 with
the Soviet Union and its allies.
Such negotiations, which are
aimed at slicing troop levels by
both East and West, "depend to
a large extent on NATO's spirit
and the maintenance of a strong
NATO alliance," Laird stated.
It is "essential to go forward"
with increases in U. S. defense
spending for those same reasons,
he added.

MARLON BRANDO
IN

"BURN !"

technicolor

"Brando's Best Performance"
Directed by Gillo Pontecorvo
Director of "The Battle of Algiers"
ADVANCE TICKETS: SALVATION RECORDS

BENEFIT CONCERT
for U of M School of Music Scholarship Fund
Beethoven's Ninth Symphony
UNIVERSITY SYMPHONY ORCHESTRA
UNIVERSITY SYMPHONIC CHOIR
CONDUCTORS: Teo Alcantara Maynard Klein
SOLOISTS:

Eire begins hunt for
Sd IRA chiefs

I

I.
U

a? as~t
DUBLIN - Irish and British se-
curity chiefs traded secrets yes-
terday in a campaign to trap com-
manders of the outlawed Irish1
Republican Army (IRA), now re-
ported fleeing to England and
Northern Ireland in order to evade
arrest in the Irish Republic.
The laws designed to suppress
the 'IRA in both halves of Ireland
do not exist in England, Scotland,!
or Wales. And in Northern Ire-
land the Roman Catholic districts
from which guerrillas have been
battling the British for more than
three years .offered comparative
safety to IRA leaders.
The names of suspected IRA
chiefs, their' known hideouts and
haunts were exchanged by intelli-
gence officers of the two countries
yesterday.

, 5 The Michigan Daily, edited and man-I
aged by students at the University of
Michigan. News phone: 764-0562. Second
The Irish Special Branch, a na- class postage paid at Ann Arbor, Mich-
tbnal police formed in the 1920s byigan 420 Maynard Street. Ann Arbor,
tinlplcefre3n h 90 by Michigan 48104, Published daily Tues-.j
former IRA undercover agents in day through Sunday morning Univer-
the fight against British rule, is sity year. Subscription rates: '$10 by
understood to have a list of 22 top carrier (campus area); $11 local mail
fiudesitod utlae ovmn (in Mich. or Ohio); $13 non-local mail
figures in the outlawed movement ' (other states and foreign).
who will be seized immediately Summer Session published Tuesday
when police decide to pounce. through Saturday morning. Subscrip-
Another 100 activists are rella-I tionrates: $5.50 by carrier (campus
area); $6.50 local mall (in Mich. or
bly reported to ,be on the list, but Ohio); $7.50 non-local mail (other
rank and file members of the states and foreign).
IRAs militant Provisional wing are
likely to be left free as police be- -- -
lieve they will present no danger
with their leaders in prison.
Although prominent figures in
the Provisional IRA and its still
legal political wing, Sinn Fein,
have gone to ground, detectives tomorrow
are widely believed to know exact-
ly where they are. Most have been
watched closely for s ev e r a 1
months.

"'LADY SIN(
THE BLUE
A RED H'
SMASH !"
-Gene Shalit, NBC-TV

GS 2nd SMASH
ISHIT WEEK!
DY
TSI NGS,,
THE
BLUES
{nGCIC AAP 4 'CUNTPji ?

Friday, December 8th

Hill Auditorium

8 P.M.

Elizabeth Mosher, soprano
Rosemary Russell, mezzo soprano

John McCollum, tenor
Leslie Guinn, baritone

$2.00 GENERAL ADMISSION
Tickets available at School of Music Information Office and Hill Auditorium
Box Office. Information 764-61 18.

WED. IS BARGAIN DAY!
231 south state Adults 75c-1-5 P.M. Wed.!!
BOX OFFICE OPEN 12:45 P.M.
SHOW TIMES AT
1:15-3:45-6:15-8:45 P.M.
Theatre Phone 662W6264
WHO IS TH E MECHANIC?

/_
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'.

11

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M ,w

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4

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Miss J dots down
notes on fashion
in a two-piece
pantset. . .light,
refreshingly crisp
acetate/nylon is
deshed with pindots
in black/white,
sizes 5 to 13.
Long sleeve top has
button front frothed
with ruffles, elastic
waist. Lazily liquid
palazzo pants. $34.
4.&6 J4oW

lr'
/f~
/ ' fl

Shows at
1-35
DIAL 665-6290 7-9 P.M.

EBONY PLAYERS
(BLACK MARKLEY COUNCIL)
in Cooperation with
PRESENT
Ted Shine's CONTRIBUTION
AND
Douglas Ward's HAPPY ENDING

F

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