Wednesday, November 26, 1975

THE MICHIGAN DAILY

Page Three



Spain

eases

policy

against political foe

S

MADRID, Spain () -- The'
Spanish government yesterday
lifted fines levied against more
than 30 Roman Catholic priests
for -criticizing the Franco re-
gime and was reported about to
grant a wide amnesty to prison-
ers held for political and labor
offenses.
Both moves were described asj
a celebration of the ascension
of 37-year-old King Juan Car-
los I, Spain's new chief of state.
THE PRIESTS' FINES, saidI
to total $178,000, were imposed
for complaints made after the
execution on Sept. 27 of five
men convicted of killing police-
men. Officials said priests serv-
ing prison terms for failure to

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y the fines will be released, A SPOKESMAN for ETA - 5,
t their number was not the military wing of the move-
own. ment fighting for independence
Unofficial sources said the for the three Basque provinces
nesty would exclude only pri- in northwest Spain, said in a
ners held for terrorism. They radio interview in Paris that
t at around 1,000 the number Mayor Antonio Echeverria had
Spaniards serving prison been shot "because he was a
rms for political and labor of- police informer."
ises when Generalissimo The unidentified spokesman
ancisco Franco died last said more terrorism will follow
ursday after a rule of 36 "because the Spanish state has
ars. not changed" since Franco's
Basque separatists threw out death.
challenge to the king's rule, However, the king was receiv-
ying further terrorism would ing foreign support as Franco
low their assassination Mon- never had in his long rule. Eu-
y of the mayor of Oyarzun, a rope's cold shoulder, which
lage 12 miles from San Sebas- dates from Franco's 1939 civil
n, the Basque capital. war victory against Republican
--- forces and boiled anew with the
Sept. 27 executions, appeared to:
S" have warmed with the king's as-
cension.
A NUMBER of international
t/I t aOao figures are to gather in Madrid
Thursday for celebrations hon-
oring Juan Carlos. They are
expected to include Presidentj
k ey s Valery Giscard d'Estaing ofr
France, U. S. Vice President
Nelson A. Rockefeller, West
use of new agricultural prac- Gesr ma.n Chancellor Walter
es. Scheel and Prince Philip, the

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AP Photo

High hopes
New Yorkers "air" support for their financially troubled city at a rally on Times square yes-
terday. However, the giant balloon failed to make it off the ground, as high winds kept it at
street level.
LITTLE INFLUENCE ON PRICES:
Govt. can easily trigger a


0

0

recession, economists say

WASHINGTON (YP) - The gov-
ernment can do very little tol
influence wages and prices, but
can easily plunge the nation into
recession while trying, a new
publication from the Brookings
Institution said yesterday.
The inability to do anything
about wages results partly from
e government's own payroll
practices ,which do not respond
to downward changes in the
economy, said Robert Hall, an
economist at the Massachusetts
Institute of Technology.

Economic Activity, which were ket conditions.
released yesterday by Brook-
ings, a private liberal-oriented HE SAID TI
economics research institution ! unemployment
here. "reflects thel
scious decision
HALL SAID that because between accep
wages are rigid in the face of and waiting fo
high unemployment, a govern- come along."
ment policy of trying to slow the!Ifwgsal
economy "would have very lit- If wages fall
tle effect on slowing inflation ket economy,
and would result almost entire- be discouraged
ly in a reduction of real out- them because
pt in main high in
put 'tors, he said. T:
"Federal policy - makers are courages firms

PHILADELPHIA () - Gob-
bling inflation has spared the1
turkey, which still can be
bought at "Roaring Twenties"
prices here. The reason: To-
day's birds eat less and die fat-
ter sooner.
Turkeys were selling for 52
cents a pound here in 1925. To-
day several area supermarkets
are selling them for the same
price, others a few pennies high-
er. In some areas, a turkey can
be bought for even less than in
11925.
T R U E, the contemporary
prices quoted are for frozen
birds, the 1925 ones were fresh.
But then in the 1920s you paid
for the whole bird, including the
feet and innards.
The U. S. Department of Ag-
riculture says the going price
this year for birds is 76.7 cents
per pound compared to 71.2
cents last year. The federal fig-
ures are the average of all siz-
es, shapes and prices for tur-
keys. But a random check of
n e w s p a p e r advertise-
ments across the country show-
ed that a turkey can be bought
for as low as 49 cents per pound.
Sid Yeuson, poultry buyer forj
Food Fair stores in Philadel-
phia, says the turkey hasn't:
climbed that much in price be-

HE AMOUNT of
at any one time
balance of con-
s by job seekers
pting a job now
r a better one to
in the free mar-
workers would
from accepting
wages would re-
non-market sec-
This fact also dis-
s in the market
ying lower wages,
fear they could
:tract the workers
added.

cat
tic

"YOU HAVE BIRDS today Elizabet.f Engands Queen I1i
that are fed and bred on a sci- Elizabeth
entific basis - it costs less be-
cause you're growing them
quicker," Yeuson said. "Years
ago it took 4 / pounds of feed toI
convert a turkey to a pound of
meat. Today it takes under Junior Year in GERMANY
three pounds of feed for one Jt I 5 .3 . U kL U U
pound of meat.n T
"Years ago it took 24 weeks to: at FREIBURG
grow a hen turkey that would
fall in the 10- to 16-pound cate-
gory. Today those same turkeys FIRST INFORMATIONAL MEETING
assume the same weight inless)FR T I F R ATO A E TN
than 17 weeks. And with the
new drugs you don't have the /ednesday-Dec. 3, 1975-8:00p.m.
mortality rate you once did."
With the exception of cran-
berries, other Thanksgiving Modern Language Buildig
trappings have soared in price
in the past 50 years, pudging Lecture Room No. 2
from newspaper ads in Phila-
delphia. (FIRST FLOOR)
MERC H ANDISE All undergraduates interested in attending the University of
Ludicrous & Otherwise
Cataog 25c for- -
postaoge & hndin Freiburg should attend this meeting.
BLACK HALL,
PO Box 285,
Ashland, MA 01721 ____ _

ECONOMIST G E O R G E doomed to having only little,
PERRY, also writing for Brook- ability to affect wages and pric-
ings, said that contrary to what es even while they possess con-
many people believe, large siderable power to affect real
wage increases may result more output," he said.
from labor's attempt to canture
a greater share of the national, Hall said wages in the so-
wealth than to offset a rising called free market economy re-
~cost of living, main rigid because of compe-
tition from wages paid by gov-
Both Hall and Perry attempt ernment, nonprofit institutions
to explain why wages in the and regulated industries, which,
United States and other Indus- are not responsive to labor-mar-
trial nations have not declined -___ -----_ -__
during the recent period of re- The Tower of London is a
cession and high uinemployment, Theu owe ofldng Londoeisa
even though much economic group of bildings and tow r
theory says they should decline. I n ha

sector from pa
because they
not keep or att
they need, he

--NNO

WEST SIDE BOOK SHOP
Fine Used, Rare and Out-of-Print
Books Bought and Sold
" MODERN FIRSTS
" AMERICAN INDIANS
0 MUSIC * POETRY
" ORIENTAL TRAVEL
113 W. LIBERTY *.995-1891
MON.-SAT.: 1 1 :00 A.M.-6:00 P.M.
THUR. & FRI. NITES TO 9:00 P.M.

Their views and those of oth-
er economists are contained in
the 1975 Brookings Papers on
Daily Offieial Bulletin
Wednesday, November 26.
Day Calendar
WUOM: Live Nat'l Town Meeting
- panel discussion, "Give Thanks
for what?" 10:30 pm.
Afro. Am. & African Studies: vic-
tor Oluronsola, "Legitimacy Engi-
neering: African Military Regimes
in Nigeria and Ghana," 2549 LSA,
12:15 pm.
Indust. &.Op. Eng.: James S. Hsu,
Chrysler Corp., "Operations Re-
search," 229 W. Eng., 4 pm.
Thanksgiving Recess: Begins 5
pm.
PTP: Shakespeare's As You Like.
It, Power, 8 pm.
T HE MIC'HIGAN DliI.VI
Volume LXXXVI, No. 72
Wednesday. November 26, 1975
edited and managed by students
t the Vniversity of Michigan. News
,hone 764-0562. Second class postage
aid at Ann Arbor, Michigan 48106
ublished d a i l y Tuesday through
unday morning during the Univer-
ity year at 420 Maynard Street, Ann
thor, Michigan 48104. Subscription
ates: $12 Sept. thru April (2 semes-
ers); $13 by mail outside Ann Ar-
or
Summer session published Tues-
ay through Saturday morning.
ubscription rates: $6.50 in Ann
rbor; $7.50 by mail outside Ann
Arbor.
fr~rTowers

nori an of ineT 'names.
Charles Martel, at the battle
of Tours (A.D. 732) defeatedj
the Moslems, checking their ad-
vance in western Europe.

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