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Show x' x Ms vs?yvr'3Nr x.'s '$s v kets, which are currently feeling a severe credit squeeze. A promise to advance up to $2Vi billion to savings and loans associations in the future, if they need it to cover loan commitments they are no.v making. This forward commitment" program is designed to ease the reluctance by lending institutions to commit home loans for the future, at a time when rates are rising and money is short. Another plan to provide up to $3 bild funds for lion in government mortgages at interest rates somewhat below the market level. By Robert S. Boyd Knight News Writer WASHINGTON The Nixon Administration Wednesday unveiled a new housmiddle-clas- s ing policy aimed toward helping Americans get mortgages to buy new homes. - The keystone of a new approach to a system of cash housing was put off for allowances for the poor further study until 1975. st Housing Secretary James T. Lynn said the administration has decided, after a study, that the best wav to help the poor find shelter is to give them money in the form of allowances to rent or buy their own homes. But, he said, a program of housing allowances could cost $11 billion a year, and the administration wants to the idea for another 15 to study and 18 months before committing itself. ' full-scal- e White House ernes Pressure on Agnew To Limit Initial Program A HUD official said it would be iate 1975 or early 1976 before the first housing allowances could actually be paid out. .. f y mi awrrrffwii tirirf i rftnfnrn-Assoctoied Pre&s Wireehoto W. Colson, Charles counsel and leave the Senate Office Building Wednesday after Senate Watergate investigating committee meeting. a former presidential special his attorney, David left, Shapiro, Wont Talk, No Tape Compromise, Nixon Lawyers Hint Watergate Panel Told By By Warren Weaver Jr. New York Times Writer - Frank Van Riper New York News Writer WASHINGTON President Nixons lawyers, strongly hinting that they would reject any compromise, declared Wednesday that their client would not delegate his constitutional duties and prerogatives to Archibald Cox, the Watergate special prosecutor. That, the White House attorneys said in papers filed with the U.S. Court of Appeals for the District of Columbia, rt - W. Charles WASHINGTON Chuck Colson, Ine hardnosed political operative who once served as President Nixons special counsel, pleaded the fifth amendment Wednesday to avoid answering questions from the Senate Watergate committee about his alleged involvement m the bugging scandal. Colson, accompanied to an executive session of the committee by his law partner David I. Shapiro, was turned down in his request for immunity from prosecution and left the session after two hours. Committee Chairman Sam J. Ervin talking to reporters as Colson and Shapiro walked swiftly away, said that questions were put to the former White House aide after the committee voted unanimously to reject Colsons request that the interview be postponed until after a federal grand jury decides whether to indict him in connection writh the Ellsberg break-in- . Jr., Expect Indictment Colson is reported to be a target of the grand jury and is likely to be indictfor his alleged role in ed imminently the illegal raid on the oftie of Daniel Ellsbergs psychiatrist Ervin said that because of Colson's refusal to answer questions, the committee would not call him as a witness when the sessions reopen. Meanwhile, the New York News has mai. John J. Ragan, learned that linked to the alleged bugging of Donald Nixon, has been questioned by committee investigators about the possibility that he wiretapped the Democratic National Convention last year. In a telephone interview, Ragans lawyer Philip Herrick said, his client responded with a flat no to' suggestions that he was involved m such activities would move beyond accommodation to irresponsibility. Last week, m an unusual memorandum, that court suggested that a constitutional confrontation could be avoided if the President, his lawyer and Cox re- - Glamours Prod Market in Hectic Trading - NEW YORK (UPI) Regained strength m the glamour sector sparked the stock market Wednesday and the Dow Industrial Average climbed 19 11 to 910 37 in tne most hectic trading in seven months on the New York Stock Exchange. The market, which has followed the of fortunes International Business Machines faithfully all week, did so ex-F- Surveillance Role Ragan himself indicated that the bugcolumnist Joging of syndicated political identified been has by the seph Kraft committee as having a key role in that sureillance Ragan, continued to deny, however. Nixon bugging any part in the Donald Tribune Telephone Numbers Page Business Classified Comics Editorials Foreign Lifestyl National AND 2 Page Obituaries D-1- 2 Sports Star Gazer Television 4 D-- 2 Volume, third highest of the year, totaled 24,570,000 shares, compared with 16.400.000 Tuesday. Wednesday's turnover was the heaviest since Feb 13, when 25.320.000 shares changed hands Weakness m IBM, which lost 38 points in two sessions in reaction to the $352 5 million Telex antitrust judgement against the company, had pulled a number of glamour issues down to baigain levels . . . B-- l 3 Four-pag- e Thursday" Forecast - Cox responded almost immediately last Thursday that he would be more than glad, to discuss the courts proposal with the President or his aides, but the White House has said nothing since except that the matter was under study by the Nixon lawyers. Both the special prosecutors office and the White House were reported Wednesday to be drafting separate letters to submit formally to the court of appeals Thursday, a strong indication that they had not reached agreement. The White House brief filed Wednesday was the last legal preliminary to a decision by the court of appeals, which is expected in a week or two. The case will then reach the Supreme Court shortly after the justices reconvene Oct 1 after their summer recess. Under Double Challenge Before the court of appeals, under challenge by both the White House and the special prosecutor, is a ruling by Federal District Judge John J. Sirica that the tape recordings should be sub--, mitted to him for a private examination of what parts, if any, should go to the grand jury. Nixon appealed on the grounds that the doctrine of executive privilege gave turn an absolute nght, not reviewable by any judge, to keep his records private. Cox maintained that the tape recordings should be submitted directly to the grand jury, rather than screened by the judge. Quotes Mxon Attorneys In their brief Wednesday, the White House attorneys argued that a judge could not be permitted to look behind a claim of executive privilege any more than he could require an answer in secret to a question a witness refused to answer on the grounds of possible The Nixon housing program is his first major domestic initiative since the Watergate scandal broke. It was put together after a six month study by a task force headed by Lynn. Vice President Spiro T. Agnew to resign. White Deputy House Press SecreL. Gerald tary Warren labeled as false, news reports that say or hint a disposition by the White House or the people m the White House to force the Its highlights are: resignation of the A tax credit to money lenders, such vice president, or as banks and insurance compands, who that White the put their money into home mortgages. House is exerting The credit would range up to 3 y2 percent pressure on the vice president to resign of the income the lenders make on the or that the White House has been the interest they earn from mortgages. source of stones that Agnew was thinkUnable to Estimate Cost ing about resigning. In New York, Sen. Barry Goldwater Lynn said he was unable to estimate said he believed Vice President Agnew the cost to the Treasury of this tax credwould consider resigning if he were it, which will benefit primarily financial home indicted, rather than pjt the country and institutions and buyers. Its purpose is to encourage the himself through long impeachment proflow of money into the mortgage mar ceedings. middle-incom- e Chile Will Reopen Mines Associated Press Writer FT. PENNING, GA. Lt. James J. Pelosi, graduated from West Point in June after enduring 19 months of a punishment called silence, says - rades in arms I thought I would leave the nonsense that went on at West Point back at West Point But other people apparently didn't feel that way, said the second lieutenant who is undergoing basic officer training here with 150 U.S Military Academy classmates often guarded terview during a break m training this In a long, rambling, said week, the the silence treatment is being used only by West Point graduates, and not by nonacademy officers. in- g The flak is not on a frequent basis. Theres no concerted effort on the part he of everybody here to enforce silence, A small number of West Point said ..assmates just totally ignore me Turn Away If i pass one of them, he might turn away Or I might be standing m line at the cleaners and a group of three ahead of me won't include me in their conversation Its something I have to live with. It really doesn't upset me " A think the vice president would sere ously consider resignation if he Were the Anona Republican and indicted. 1964 presidential nominee said at a news conference before he addressed the Wings Club here. Goldwater, tanned and icluxid m the face of a barrage of questions, predicted that an impeachment proceeding would follow any indictment and would take a full year. Two hours later, another top Republican, John B. Connally, refused repeated- ly to answer any questions about AgnewC his legal problems or his future. Connally was questioned at a news conference a before his after appearance audience ar a Jamaica Industrial Development Corp. luncheon. , Connally, facing a news conference at the Hotel Pierre, after his speech, said that it would be unfair for him to be popping off about Reuters News Agency SANTIAGO Chiles new military government will open up the big five copper mines nationalized under the late President Salvadore Allenae to private foreign and Chilean investment, officials said here Wednesday. They said the new guvemment will pursue liberal economic policies based on private enterprise. This apparently heralds the demolition of the socialist economy which Allende, a Marxist, was trying to build during his three years rule before his death in last weeks coup. Restore Economy The officials said the new government spearhead efforts to restore the economy by raising copper production to one million tons a year And it will foreign and Chilean accept private investment m the big five copper mines, they added will The main production effort will be in Todays Chuckle At another point m the interview, the slim, bespectacled, officer said, My car was vandalized a little. The tires were slashed, and there was glass under hem. As soon as he made the statement, he turned to another subject. Pelosi, a West Hempstead, N.Y., native, made national headlines this summer when he revealed that he had been a victim of silence, a rarely used punishment exacted by cadets who believe a classmate has escaped just punishment on a legal technicality In 1971, Pelosi was convicted of cheating under the academys honor code, but the charge was dismissed by the West Point superintendent on grounds that a -- standing-room-onl- Agnew. Hes entitled to justice, said the termer Navy and Treasury secretary who is widely mentioned as a leading prospect to succeed Agnew if he steps down Connally, a former Democrat recently switched parties Goldwater, at his Hotel Biltmore news conference, said that his preference for See Page 3, Column $ Still SI.60 House Upholds Nixon Veto On Wage Bill For Foreign Investment Money saved for a rainy day buys a much smaller umbrella these days. (Copyright) boyish-lookin- he is still shunned by some of his com- 1 Valentine Washington Cloudy Salt Lake City and vicinity skies with occasional showers and cooler temperatures Weather map on pace A 20 - By Lynne Olson Theaters MORE section. again. IBM rose 11'4 to 27014- There were 1,185 issues higher, only 40 lower, among 1,804 issues traded. A-- 2 4 D-- ll The court asked both parties to explore the idea and report by Thursday whether their discussions had proved fruitful. The best evidence Wednesday was that they had not. But the message underlined Nixons conviction that the best way to achieve this goal is not through massive housing construction programs subsidized by the federal government but through assistance to the private housing market, both borrowers and lenders. i Combined Wire Services A spokesman for WASHINGTON President Nixon strongly denied Wednesday that the White House is putting any kind of pressure on the mining, agricultural and industrial sectors, with special emphasis on copper to exploit current copper price nses on the world market, the officials said. According to a television broadcast by Admiral Jose Tonbio Merino, a member of the four-mamilitary junta, copper producion is already back to normal after the coup. Million Tons n Without doubt, and without miracles, we will very soon reach a million tons of copper, he said. Copper exports traditionally bring m percent of Chiles foreign currency earnings. Copper production last year was 716,900 metnc tons. According to officials here the Allende government had forecast a drop in 1973 to 680,000 tons because of labor troubles including a strike at the giant El Temente mine earlier this year Washington Post Service . WASHINGTON The House upheld of veto President Nixons the $2 minimum V'age bill Wednesday, making the score in the battle of the vetoes 6 to 0 for the President this year. - The vote was 259 to 164 to override, but since this fell 23 votes short of the the bill was dead necessary two-third- 85 y The U.S. Kennecoti, Anaconda and Cerro corporations owned the mines before the Christian Democrat government which preof President Eduardo Frei took a ceded Allendes government part share in tnem Silence Punishment Still Plagues West Pointer Inside The Tribune Page All the Details, viewed in private the tape recordings that the special prosecutor is seeking as possible evidence for a grand jury. More Than Glad In a message to Congress, President Nixon said he is still committed to the goal of a decent home and a suitable living environment for every American family. Assistance to Private Area rttreizOxiia James T. Lynn Wants to Study Idea Call for Resignation? tst k Assoctolod Prc- FHA-msure- staff officer had prejudiced the case. his classmates voted to Unsatisfied, invoke the silence. Dined Alone Pelosi became a nonentity to his classmates. They did not talk to him or associate with him. He was forced to hve and dme alone. He could not take part in class activities Whether any effort will be made to repass a compromise bill this year was left unsettled. The President and organ lzed labor are dug in on opposite sides o! the issue of a youth pay differential which both consider nonnegotiable, and chances of compromise appear remote. Another Demonstration But Wednesdays vote was another demonstration tnat the Republican President lacks the strength to pass his bills, the Democratic Congress lacks the strength to ovemde vetoes, and the result can be stalemate. This could give another push to the tentative moves toward accommodation made by President and Congress since the August recess. The vetoed bill would have raised the hourly minimum wage tor most workers Pom $1 60 to $2 now and to $2 20 next July. It would also have extended coverage to nearly 7 million more workers principally household maids ard govern ment employes at all levels Presidents Viewpoint Mr Ni::on contended the increase was it would cau-- e inflation and eliminate many jobs. He proposed stretching out the increase to $2 SO over three years. He also opposed the increased coverage and demanded a s to piodace wage for more jobs for this high unemoloyment so rapid For 19 months, Pelosi lived alone with his punishment, refusing even to tell his parents the full story. When his ordeal became public, Pelosi said he intended to remain in the military, despite West Point tradition that silence lasts forever. See Page 6, Column 5 low-pai- d teen-ager- group 'A V' ft. Jfc' |