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June 03, 1976 - Image 2

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Publication:
Michigan Daily, 1976-06-03

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Page Two

THE)

IRS investigating
Rev. Moon's church?

MICHIGAN DAIL' Thursday, June 3, 1976
Food price rise reported

WASHINGTON U') - The In-
ternal Revenue Service is in-
vestigating the tax-exemptions
of Rev. Sun Myung Moon's Uni-
fication Church, Rep. Peter Pey-
ser (R-N.Y.) said yesterday.
The congressman said that
high-level IRS officials, whom
he would not name, had told
him in a series of conversations
over the past several months
that the probe was being made
to determine whether the church
was entitled to continued tax
exemptions given to religious
organizations.
AN INTERNAL Revenue Serv-
ice spokesman said that he
could neither confirm nor deny
that such a probe was under-
way.
But he said the agency had
received letters spelling out al-
legations about the South Ko-
rean evangelist and his church,
which have been passed on to
different IRS offices "for appro-
priate action."
Peyser said in an interview
that several "obvious questions"
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w e r e involved, particularly
those focusing on the church's
political activities, fund-raising
and property acquisition.
THE CHURCH holds several
estates in New York State and
recently acquired two pieces of
valuable property in New York
City.
These properties, which Pey-
ser said might be removed from
New York City real estate tax
rolls if the church's tax-exempt
status continues, are the New
Yorker Hotel, recently acquired
for approximately $5 million,
and the Columbia Club, near
Fifth Avenue, the congressman
said.
"He obviously has a substan-
tial amount of money, running
into the millions and millions of
dollars," Peyser said. "Nobody
seems to have a very clear pic-
ture as to what the sources-are.
There are questions as to wheth-
er the sources qualify for a tax-
exempt organization."
PEYSER SAID the IRS would
lookEinto any political activities
of the Unification Church that
could be a violation of the tax
code, in addition to examining
income sources and the use of
the money.
He said he was not sure when
the probe would be completed,
but he said: "We will have some
decision in the not-too-distant
future."

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an IjvonCo(_la:orThArrsPreet
Jose Limon's
Waldstein Sonata
r r p r orance byDon I e s
Featuring - Members of Contemporary Dance Systems
of New York City
Mortine [poques
Diallele
:c by Andre Prevost and Mrt e Epao
Featuring -- Philippe Vito of Le Groupe Mouvelle Aire
of Montreal
The University Dancers
r quo n'aw wo1 y E O 0b/h-ItBrgnon
snd SOn oe
June 10, 11. 12 8:00 P.M.
o CrerforheFPrfrmng rArts
Resrve 50igc " $5 $4, $3
n-62a 1 00

By The Associated Press
Consumers hunting for bargains
at the grocery store during May
found slim pickings, as prices
took their steepest climb in well
over a year, an Associated
Press marketbasket s u r v e y
shows.
The AP drew up a random list
of 15 commonly purchased food
and nonfood items, checked the
price at one supermarket in
each of 13 cities on March 1,
1973 and has rechecked on or
about the start of each succeed-
ing month.
The latest survey showed the
greatest number of increases at
the meat counter. The price of
a pound of pork chops went up
at the checklist store in nine
cities, with increases generally
ranging between 10 and 30 per
cent. A pound of meat frank-
furters went up at the checklist
store in seven cities, with in-
creases in the 2 per cent range.
AMONG OTHER findings:
-The marketbasket total in-
creased at the checklist store in
every city, with an average rise
of 4.2 per cent. This was the
highest increase since Novem-
ber 1974 when, mainly because
of soring sugar prices, the
marketbasket total went up an
average of 5.6 per cent. The last
time the total went up at the
checklist store in every city was
in July 1974 when the average
increase was 4 per cent.
-Prices at the start of this
June were higher at the check-
list store in every city than they
were a year ago. The average
increase in the marketbasket
total over 12 months was 7.6
per cent.
-Price in c rea s es spread
across the supermarket aisles.
Egg prices were up at the
checklist store in seven cities,
orange juice increased in four
THE MICHIGAN DAILY
volume LXXXVI, No. 21-S
Thursday, June 3, 1976
is edited and managed by students
at the University at Michigan ewn
phone 74-052. Second las pstas.
paid at Ann Arbor, Michigan 48109.
Published d a I y Tuesday through
Sunday morsing during the Univer-
sity year at 420 Maynard Street, Ann
Arbor, Michigan 48109. Subscription
rates: $12 Sept. thru April (2 semen-
ters) ; $13 by mail outside Ann
Arbor.
sussmer session publined Tu-
day hr ou h Saturdy morning.
Subscription rates: $650 in Ann
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cities. Coffee prices also went
up at the checklist store in four
cities, although the cost of a
pound of coffee remained below
the $2 wholesale level announced
by major manufacturers last
month.
THE FACT that retail prices
were below wholesale levels in-
dicated that stores are still us-
ing old stock or are marketing
coffee below cost as a "loss
leader" in order to entice shop-
pers.
The meat price increases gen-
erally reflect higher prices paid
to farmers for their animals.
Pork supplies, in particular,
have remained low because
farmers cut back their herds
after grain prices soared in
1974. The cost of grain has come
down again, but it will take
some time before supplies in-
crease enough for prices to de-
crease.
The U.S. Department of Agri-
culture has predicted that food
prices will increase between 2
and S per cent this year, de-
pending on the size of harvests
and general economic condi-
tions.
Food prices rose 8.5 per cent
in 1975, compared to 14.5 per

Television viewing tonight

6:00 2 7 11 13 News
9 Beverly Hillbillies
20 Cisco Kid
30 Zoom
50 Brady Bunch
62 1 Spy
6:30 4 13 NBC News-John
Chancellor
9News
so CBS New-walter Cronkite
20 Daniel Boome
30 Hodgepodge Lodge
501I Love Lucy
7:00 2 CBS News-Walter Cronkite
4 Bowling for Dollars
7 ABC News-Harry Reasoner
11 Brady Bunch
13 Hogan's Heroes
30 56 Black Perspective on
the News
50 Michigan State Lottery
62 Speaking of Sports
7:30 2 Treasure Hunt-Game
4 Don Adams' Screen Test
7 Match Game PM
9 Room 22
11 Wild Kingdom
13 Adam-12
20 It Takes a Thief
30 Nova
50lHegas Heroes
56Evening Edition with
Martin Agronsky
62 News
8:00 2 11 waltons
4 13 Mac Davis
7 welcome Back, Kotter
O9Musi ctakers
50 Merv Griffin
56 Detroit Black News
62 Movie-"Moonrise"
8:30 7 Barney Miner
9 Tommy Common's Musical
World
20 wrestling
30 Lowell Thomas Remembers
56 Black Journal
9:00 2 11 Hawaii Five-O

4 13 Movie-"Geronlmo"
7 Streets of San Francise
9 Our Fellow Americans
19 700 Club
30 Olympiad
56 Carmen: The Dream and
the Destiny
9:30 9 Points East: Points West
50 Dinah!
10:00 2 Ironside
7 24 Harry 0
9 America
B1 Barnaby Jones
30 Bill Moyers' Journal
62 PTL Club
10:30 20 Manna
56 Mikalojus K. Ciurlionts
10:55 11 Political Talk
11:00 2 4 7 11 13 News
9 CBC News-Lloyd
Robertson
20 Alfred Hitchcock
50 Best of Groucho
56 It's Your Turn
11:30 2 Mary Hartman, Mary
Hartman--Mary tries to
inform Lorett about the
faith healer.
4 13 Johnny Carson
7 Mannix
9 News
11 Movie-"The Brotherhood
of Satan"9
20 Pack Benny
50 Movie-"British Agent"
56 ABC News-Harry Reasoner
12:00 2 Movie--A Balt for Adano"
9 Movie-"The Gang's All
Here"
62 News
12:40 7 Magician
1:00 4 Tomorrow-Tom Snyder
13 News
1:20 11 News
1:50 7 News
2:00 2 Movie-"The Fireball"
4 Classroom
2:30 4 News
3:20 2 News

cent in each of the previous two
years.
NO ATTEMPT was made to
weigh the AP survey results
according to population density
or in terms of what per cent of
a family's actual grocery out-
lay each item represents.
The day of the week on which
the check was made varied de-
pending on the month. Standard
brands and sizes were used
when available. If the requested
size and brand was not available
on March 1, 1973, a comparable
substitute was selected. Items
temporarily out of stock on one
of the survey dates being com-
pared were not included in the
over-all total.
The AP did not attempt to
compare actual prices from city
to city-to say, for example, that
cookies cost more in one area
than another. The only compar-
isons were made in terms of
percentages of increase or de-
crepse-saying a particular item
went up 10 per cent in one city
and 6 per cent in another.
In 476 the Indochinese
Khmers were conquering their
neighbors and building an em-
pire whose capital was Angkor.

psSO-X304 ENDS 04 S

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