Jun 22, 1964 .

Our Choic Does Mdke Difference

i\

Hi, Fellow Republicans! I'm Bill Scranton!"

Tho&e who say it makes no difference which of candidate, too. His- spirit exudes an eagerness, a the Democratic candidats for governor is elected zeal, an unflagging zest for coping with our tomor-nxt Saturday fail to recognize thatjdie man who rows. Imagination and determination, an aura of Bits in the governor's chair will set the tone for the dedication to all Tar Heelia not a section are entire state during the next four years and perhaps a part of his makeup.

for uncounted years beyond his term of office. The Eiast, including Pitt County, can-ill aford

If that leadership is positive, forthright, pro- to stand by and pa.saively watch the things it needs

gressive and dedicated to meeting the needs of this state, the pace of development which the state has enjoyed in recent years will move to new heights.

If, on the other hand, the man In the governors chair is less sensitive to the needs of the people of the state, primarily familiar with conditions in only one part of the state, encumbered by commitments to particular groups and particular. Interest, North Carolina will lag behind the pace of progress It should enjoy in the period ahead.

There is a considerable difference between the two candidates for governor in this Democratic primary. One has offered a positive and aggressive program, to meet the economic needs of the state as a whole. He has stood forth without wavering on the important issues which confront the people of

become step - children in the program of the administration during the next four years.

Eastern North Carolina needs, in the interest of its young people and its future, continued emphasis on education at the public school and college levels. Eastern North Carolina needs more and better secondary and primary roads in order that the economic development that hag begun in this area may be accelerated.

Richardson Preyer provides the most forthright and positive leadership in these fields.

North Carolina nOeds in Raleigh a governor who recognizes the importance of agriculture, is familiar with the needs and the problems faced by farmers. It need.s a governor who will unhesitatingly stand in the forefront of every effort to preserx'e and

the state and will face them in the next four year*, improve the agricultural economy of North Carolina

That candidate is Richardson Preyer,

There are favorable intangibles we sense in the

Costliest Week

Of Camoaian

By WILUAM A. 8HIRE8

COSTLY ~ The costiUest politic*! cimiMUgii in Nmth CaroUn* history is craning to a close and the final week promises certainly to be the most costly of all.

It could be m(H-e costly than It actually will be except for one little-knowTi fact the two rich and powerful campaign organizations behind the Democratic candidates for governor finally are running short of funds.

The fat bankrolls are about depleted and what is coming In at this stage is In dribbles. Expenses are heavier than ever and there are, for the first time since the campaign began, some really serious money worries.

There is question in both camps about whether the campaign trail or the bank account will run out first.

If there was more money available It could and would

be spent

SPENDING As It Is. there will be little outward evidence of scrimping and saving and penny-pinching.

The campaign finance committees undoubtedly wUl find enough money to fling about freely during the last few days. It has been a wild sprnd-Ing campaign and this wUl be a final binge.

The philosophy seems to be shoot the works, spend it all

and when the bills are paid there won't be much left.

Says one campaign official, candidly, we wonder If wet have car fare home.

FUNDS - The fact is that campaign bills are pilling up and it is a staggering total.

No one, not even the campaign finance directors themselves, really, know Just how much money has been spent by and on behalf of the candidates. Some estimates range into the millions of dollars. The known facts from the record of officially reported contributions and campaign expenses, far from revealing the full picture, indicate clearly that it has been the most expensive campaign in history.

The latest totals filed with Secretary of State Thad Eure bring expenditure* by candi-date Dan K. Moore to $128,866.46 and by Richardson Preyer to $119,679. Moore reported total contributions of $157,519.98 and Preyer $108.459. These reports, filed periodically during an election campaign, often confuse rather than clarify the picture. They/ do not. for example, include' expenses which are bllli

later, current expen.ses including in this case the final two weeks of the eampaign, and do not Include contributions prior to last January 1.

Neither do these reports include funds collected and spent on behalf of a candidate outside of his formal state organization.

The reports, on their face, would indicate that there should be few If any financial worries in either camp although the Preyer report indicates modest deficit. The fact is, however, that money concerns do exist in each candidates headquarters.

PROBLEMS - L#;ider8 in the campaign organizations say that all the talk about money being no problem in this campaign is a joke.

They just dont know what theyre talking about. says one high campaign official. It Is a problem, very definitely. I just wish we had about half of the money they think we have.

The difference, perhaps. In today's highly organized political campaigning is that the candidates themselves do not have to worry about finances.

The candidate Is told to concentrate on campaigning and trying to win the election. His organization does the worrying about raising money and paying the bills. A finance committee is set up for this purpoee.

CASES In the case of candidate Moore, there is a finance committee of ai>oui 40 members headed by C. A. Dillon of Raleigh. It has held meetings once a week, usually on Wednesdays, handles its business and makes reports.

The Preyer organization has a similar committee, headed by Insurance executive Howard Holdemess of Greensboro.

In both cases there have been fund raising drives, dinners, breakfasts and other efforts to obtain contributions. Such efforts in recent

days have been aimed at collecting funds to finance the very costly final stages of the campaign, which included heavy advertising schedules, television and radio time, travel, Inci-eased staff expenditures, and even the renting of ballrooms and furnishing of re

freshments on election night.

Published reports of fund

raising dinners given by Gov. Terry Sanford at the governors mansion recently were neither confirmed nor denied by the governor. Sanford said only that It^ws his policy not to release Ugliest lists of functions at .The mansion,

The Daily Reiflector

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Eastern North Carolina, with its low per capita income, needs a governor who recognizes the problems of working men, who is willing to speak out for the little man, who moves to meet the need for increasing the state's minimum wage to afford a lietter opportunity fur a better living to those families who need it moat.

If any group of people in North Carolina should insist that the hard - won fabric of progress that has been woven in recent years be continued, it is the people of Eastern North Carolina.

When one reviews the positions of the two candidates, there can be no question of which has offered the most realistic, the most positive and the most deserving program for the people of the state as a whole.

That candidate is Richardson Preyer.

The choice is clear - cut between the candidates. The voters of the state must determine Saturday which of the roads North Carolina will follow.

More

Scholars

ART BUCHWALD

btay in

South

r

.ne

Sooless Woman

By WINFRED L. GODWIN

More of this years National Merit Scholars the cream of lHi4 high school graduates will stay South for their higher educatton than in pre-vlou.s years, according to plans of recently announced winners of the four-year college scholarships.

Of the Souths 494 current winners the largevst number Is the programs nine year history only 44 per cent plan to attend coliesre outside the region, compared to 47 per cent last year. This is a small change, but may be an Indication of growing regard for Southern colleges and universities by some of our brightest students.

Twelve per cent of the nations total 1.625 Merit Scholars are still undecided on their choice of a school.

Many of these winners (including a .52 per cent feminine repre.sentation this year) wtll stay in their home states. The Pf'rcentage of those choosing to remain in their home states range widely from state to state. About 60 per cent of the Texas winners will attend a Texas college or university.

As in the past, a majority of the Scholars have chosen private institutions as the starting point for their higHer learning. Choice of a college Is under the student's own jurisdiction and all admissions arrangements must be made by him Then NM6C administrators, -operating from headquarters in Evanston. Illinois, tailor make the amount of the award to costs of the particular institution and to a financial report from the students family.

Awards range from 11(10 to $1.500 a year, imsed on individual financial need Last years average was $796 a year or $5.184 over th four years, The respective colleges also receive an accompanying grant.

Though most of the talk and agonialng over this annual competition focuses on the two tough examinations that finalists must take, total oast oer-formancee are con.sldered In the final decisions, marie by a national cross section of college officials.

Honor.s and special attain-"ments in and outside the cia.ss-room are* studied. creativitv, leader.shlp and citizenship in the school and community are evaluated. al()ng with general hl^h school grades.

The basic mission, as admin-l.strators of the orocram explains. is to sift the 'Tntellert-uplly excellent" from the 15-(HXi high schools renresenled. The nuttilier cho.sen from each state is based on population.

Tiie winning finall.sts are Just a portion of the young peo

ple who receive recognition and financial aid through the program. Many institutions and foundations use the results of the NMSC tests and screening as a basis for awarding college scholarships and grants In aid. Literally hundreds of high school graduates over the country secure student assistance of one form or another as a result of good show-, ings in the National Merit program.

Established In 1955 through grants of the Ford Foundation and Carnegie Corporation, the program has grown each year. Scholars Increased from 1,041 in 1961-62, to 1,528 in 1962-63, to 1,625 this year. And most of the growth has come from additional businesses, industries and institutions coming into the program as sponsors.

For instance, more than half of the 1965 winnera were sponsored by businesses or institutions and only about a third from NMSC funds. And at last count, these young scholars w'ere enrolled in 425 U. S. colleges and universities.

Additional national attention and honors may come to some of this years Merit Scholars through President Johnsons plan to recognize Presidential Scholars each year.

The Federal government will honor annually about 120 outstanding high school seniors to recognize the most precious resource of the United State* the brain power of Its young people, in the President's words.

A Presidential commission will select the award winners from among students who already have won scholarships granted by the NMSC and other such testing organizations.""*

The highest ranking boy and girl from each state plus several students at large will compose this select group, announced In early June. No monetary reward comes with this new honor but it should focus more national attention and interest on the growing Importance and prestige of scholarship in American life.

News reaches us from the heart of the New York fashion industry that the topless bathing suit and the transparent evening gown are now be 1 n g sold to top stores around the country.

For years designers have been working on a breakthrough in sw'imming and even

ing apparel without any vlsiMe success. But 1964 will go down as the year the bottom fell out oi the top, and historians in centuries to come may mark it as the date when women re-turned to the cave.

Nobody has bothered yet to get the reaction of men to this most interesting and disquiet-

Other E(ditors

Savina

How To Build Countries

Quotes

(Christian Science Monitor)

The moat important conference that has ever met to consider the problems of international trade and economic development.

This was a characteristically generous British comment. It was made as the three-month-long United Nations Conference on Trade and Development closed in Geneva, by Edward Heath, British Secretary of State for industry and Trade.

It was not only generous. It was rueful and it was accurate.

The International have-nots sat face to face with the international haves at Geneva. The have-nots said. We been held back too long want you to help us develop rapidly. The haves- said, *We will do what we can.

The have-nots said, That is not enough. You define wliat you can do too narrowly. You owe us a great deal. You built your position as wealthy industrial countries by keeping us as poor raw material producers. You climbed up on our backs. Now you- have to turn around and help us even it it hurts, even if it costs you something.

(There W'as a certain irony in this argument. Used by Americans* before 1775 and denied by Britains mercantile system, it touched off the American Revolution. .Now' the United States sat at Geneva as the wealthiest industrial country of all. listening to similar words from Africans, South American.s. and Asiams.) The haves said, We do

want to help you. It Is to our advantage as well as yours. But we both have to face the hard facts of economics. You cant force the development process just by wishing.

You have to build; you cant merely tear us down. The process of development can be speeded up. We will help you do it ...

And Ro it began, a painful, stubborn debate that in three months could only be^ launched. on each side was special interest. On each side was idealism. On the sidelines were the Communwts, encouraging the confused and young nations to drink deeply at the trough of the West but not have offering much themselves in We tangible aid or example..

Fortunately, most everyone came to see that the Communists were, in fact, a side issue. Though they pretended to lead the new nations, the real Issue was in fact between the two groups of non-Communist countries, those that are desperately eager to advance and tho.se already advanced The plain fact, emerging at Geneva for all to see, is that existing world trade mechanisms were-created by the haves to .suit their own special purposes, The equally plain fact is that this will have to change. It does not suffice for tomorrows world. There will be strains but this is a great historic adjustment that the United Nations has sought to guide out of irrational conflict and into channels of intelligence. The UN is to be thanked and con- . gratulated.

Ing bit of news, so we took two photographs one of the topless bathing suit and one of transparent evening gow'n out into the hot Washington Streets to ask them how the male sex felt about the whole thing.

First we showed them the photographs and then we asked them what they thought.

The first man we spoke to, said, M-m-my my g-g-g-o s h, wh-wh-wh-ere did y-y-ou buy th-th-those d-d-dirty pictures? Theyre not dirty picture|, we said. Theyre fashion photos of the latest bathing suits and evening gowns. Would you want your wife to wear a bathing suit like'this? S-s-sure, except sh-sh-she cant sw-sw-swim.

The second man we showed the bathing suit to was horrified.

My Gosh, he cried, theyve covered up the navel.

Yes sir, we aid. they had to in order to do away w'ith the top.

How prudish can you get?' he said in disgust and walked away.

The third man we spoke to studied the transparent evening gown for a while and then said, I dont care what they do, as long as they tell us what to do when they wear one of those things.

What do you mean by that?

What are our Instructions? How are we supposed to behave when a girl comes out in one of those? I mean are we supposed to stare or ignore her or ask her to dance?

I guess each man will have to decide for himself.

I think Im against it. ho said.

Why?

It will make my shirt wilt.

The fourth man we talked to said, I think I seen that girl in Playboy magazine.

I doubt It, we said. This is a high fashion model and she only works for dress designers.

Well, theres something familiar about her.

What do- you think of the idea of the sw'imming suit?' (Continued on Page 7)

Cycles

I \ By ROGER BABSON , BABSON park. Mass. With the current expansion I^ase (rf the business cycle now ^ranking as the secwid-longest to peace-time history, the tendency is to feel that cycles have been eliminated through legislation and pump-priming. This type of thinking crops up from time to time, but p r o-longed booms inevitably lead to careless practices which must ultimately be corrected in ensuing downswings. Conversely. recessions breed disappointment and disillusionment which curtail demand and growth and build up pressure for the next upswing.

CYCLES IN PRODUCTION

AND DEMAND Prom the last cyclical low point in industrial production in February 1961, factory output has trended consistently upward. This reflects the con> bined effects of rising demand due to population growth, increased government spending at all levels and rising consumer income structures. One must not overlook, either, the tremendous impact of advertising and the easy credit conditions.

This rising trend, however, cannot go on indefinitely. The time Is coming when one market after another will reach saturation. Demand and output will then level off. and decline. This, in turn, will adversely affct employment and Incomes, further contracting business until natural growth forces and confidence again take hold.

BUSINESS INVENTORY AND CAPITAI, SPENDING CYCLES Up to the present, this current business uptrend has been unique in that inventory holdings have been kept low relative to sales growth. Excess productive capacities in many industries, ample supplies of most commodities on, a worldwide basis, and the benefits of modem transportation and communications In speeding up ordering and deliveries plus use of computers and other techniques have all helped businessmen to operate with a low level of inventories. Businessmen now. however, show'interest in more forward buying, which may be a mistake at this advanced stage in the upcycle. A later flattening out, or decline, in the sales curve could quickly result in burdensome inventory holdings.

If projections of sharply increased business capital expenditures over the rest of this year run true, this could be the prime source of business vitality. However, the step^up in capital outlays may come too late for them to cash in on the current high level of demand. And the rising flood of goods resulting from increased plant could cause market gluts and price cutting in the next recessionary period. CYCLICAL SWINGS IN BORROWING AND INTEREST rates Borrowings by business have been only moderate in the present period of rising btwiness. This has been due to the accelerated internal generation of cash resulting from liberal depreciation schedules. Hence, borrowings by consumers for installment purchases and mortages have risen more rapidly than business loans. Expansion of consumer debt markedly Inflates consumer buying power and thus is a potent stimulant. But growth in debt cannot long outpace growt in Income. When debt repayments command too large a slice of take-home pay, consumer demand for durable gocds ^ and housing suffers.

Swings in interest rates, of course, are largely dependent upon demand for credit. As borrowing costs increase further. however, they will tend to dampen demand for durables and housing until det^ become less burdensome and borrowing costs less expensive.

hum.an judgment

AND CYCI.ES The foregoing illustrations serve to point out that certain cycles are Influenced import-' Continued on Page 7)

The tragedy of the people 1 we Mart off with a country, and wind up with a government. The Hope (Arkansas) Star.

You Cant Reverse Traditions

Many politicians, while CHnuwigning, vow they will do anything the party thinks would be helpful: but they

always draw thd line at .su{-ride Carlsbad Current-Argus.

Strength Kor Today

By E.\HI. i,. DOl GI..A.SK MAVBK!

It has becbme the fadiion today to say ^at the detoiiatiun of the flrXt atoinir bomb bla.sted an old era and ushered in a new one.

Perhaps but only perhaps. Dektlny does not inarch through human affairs with a hrg.ss band out in front iilatoiiau.s look t)urk over the dramatic pageant of history, it appears that the great turning points were never reco'jnized by the people who happened to be living when the tuni came.

Two thousand ycai s ago men were very much exiuted by the new cr,a which was_ supposed to ha'.e Marifd wiih the reign of Augustus, but the

whole of human history took a new turn one night during the reign of Augustu.s when a baby w as bom to a pea.sant niHher to a cow .stable in Bethlehem. Few people paid any attention to St. Paul and his several associates the day they entered the. Greek city of Philippi, but that was the beginning of the Chri.stlanizatlon 'of Europe, and whether we like things Christian nr abhor them, tlie Christianization, of Europe has constituted an I iin-^ portant factor in hi.story.

Maybe the atomic bomb has ushered in a new age. It may very well be, however, that the biith in recent yeur.s of fcume ciiild of throughly undis-tmgulfihcd lineage may be d's*-covfued later to have been tho starting-point of an era.

By EI..MER ROESSNER

One of the chief troubles with the New York Worlds Fair Is that headman Robert Moses has tried to reverse S.tKK) years of humart tradition.

No wiestllng bears, no fiddling gypsies, no dancing girls .

Of course, the Fair has other troubles, natural to an enterprise of that size. Piomoters of a world food center ran out of money and the building wa.s razed' before it was finished; the Texas building is having financial troubles r the Belgian Village is Inconiplete. although the promotera say they have raised the $l million needed to finish it, and the state of Louisiana haa washed its hands of the Louisiana pavlllion.

There have been complaints about high prices but where tlje shows are free such as the' General Motors, Ford and Chrysler exhibits many complain that the crtiads are too big. But these are normal grlpe.s.

ATTKND.YNCE FAIIJS

While the Fair reports that current and advance sales assure a profitable rug attendance has been u4d4r esti

mates. The predicted 750.000 on the Memorial Day weekend was 50.000 short. Other weekends have lagged.

And one of the reasons for this is that the fair amusement area Is not getting a play, Its off to one side not to the midway U costs a bus fare or more to get there, and its on an intelleo-tual level. No wrestling bears, no gypsies, no dancing girls except in the choruses of rather expensive sfjows.

It was planned that way.

MoS^s' Iraiihy-

decided he wanted no toRK 'DP Ammtit va-lage, no strippers. And- people stay away f^rn the amusement area in herti/.

Some critics say that Moses designed the Fair for the upper middle classes and the wealthy; he didn't want any burlesque-minded lower clas-.ses. The prices charged in all except an inadequate few restaurants seem to bear this out. HISTORY OF FAIRS Since fairs were first invented. they have been a combination of trade and rowdy fun. In-ancient India, Egypt, and through old Europe fairs brought together buyers and aeUers, fun-seekaca and enter

tainers. In the last few hundred years, bears, gypsies and girls .have drawn as well as produce and handicrafts. Little Egypt Put over the Chicago Pair in 1893, Stella (who was only a painting) did her part for the 1915 San Francisco Expositl(Mi, Sally Rand attracted people to Chicago in 193.1 and Lois de Fee telped pack them into the New York fair in 1939.

But the current Pair has no Gypsy Rotse Lee, no Sheree North. It hasnt even a pair of wrestling bears.

FORD general MOTORS GETTING ALONG

A shopper ordered a refrigerator tray from Philco, now owned by Ford, and got an excellent one. The next day she saw the identical tray, with the same brand, in a supermarket. The container said they were made by the Inland Manufacturing Division of General Motors,

A' Ford spokesman said yes, ' that Fords Phllco was buying Its trays from General Motor Inland. He said he understood Inland supplied several refrigerator manufacturer.

This buddy-buddy arrangement is oc^ unprecedented. A

few years ago Ford supplied Chrysler with windshield glass, various auto companies have supplied others with parts, and at the moment Rootes in England, partially owTied by Chrysler, is using Ford motors In its Sunbeam Tiger, soon to be exported to the U. 8. The motors are made here, shipped to England. installed in cars and shipped to England Installed In cars and .shipped back.

Incidentally. Philco gets $2.2.5 per tray but GM sells them in supermarkets at $1.98. The "tray, the shopper said, I* a peach.

SHORT & SIGNIFICANT BUSINESS NEWS ITEMS The U, S. Department of

Agriculture has devised a sorter that beams a light through apples, detecting interior defects . . . .The U. s. Forest Products Laboratory at Madison, Wis., has shown that the strength of a wooden beam can be Increased by drawing a steel cable taught through its lenirth. Concrete has long been similarly prestressed . . . Variety chains across the country ha Increased discounting of toiletry itenos, Chain Store Age reporta. k