| OCR Text |
Show Up and Don n the Street Businessman Who Goes Behind Bars: Model Prisoner, Despairing Problems carry the workload and wonders where the next check will come from. Happily, associates do nc; jump ship. ives bring forth amazing but heretofore hidden strengths. Friends, even exemployes, lend a hand in keeping the business going, says Mr. Rhodes. Indeed, associates do not scorn but even overpro-tectiv- e become quite protective of their fallen colleague. Few families of imprisoned businc-me- n ever go on welfare. By Robert H. Woody Tribune Business Editor Businessmen rarely rob. rape or murder. B:t they occasionally: kill someone by drunken driving, obtain property or money under false j rTfJlk?: 1 - ' - ' Western Savings & Loan Co.s new office, 45 E. South, will have entry bridge over a moat, ' , t.", ' t ' .'' t r & i'-,' l, v, 'Vi h, - ' v x vrr;; il"" For each businessman in prison, there are probably eight on probation for similar crimes. They are on probation because bonding companies', insurance, etc., V s '" 'v have paid off the iosses, and the busiw hoe records had been nessmen impeccable up to that time have pledged to make full restitution. What happens to the businessman behind bars, to his family and to his business? Says Paul Peters of the Utah Adult and Probation and Parole Department, he is a model prisoner and model parolee. B. A. Rhodes, federal probation officer, says the same of the businessman in federal prison. flow down street side of moat. Con-1struction cost is estimated at about $1 million. Water j w iil st New Building Planned Stall akc By Western Savings cars will be located on the lowest of two sublevels. The other sublevel will be used for lunchroom, restrooms, storage and rental space. Architectural decisions will be made later on the possible use of common entry and exit system for cars with the Parking for Entry d The new office will be constructed of steel and concrete. The entry will be facade marked by a high marble-facecomposed of two broad vertical planes. The central plane will be beveled inward over a deep moat to an expanse of glass. Entry will be over a bridge. The moat, also beveled inward, will be constructed of granite. A continuous sheet of water will spill down the street side of the moat. Here the granite will be stepped to enhance the vibrancy the water. Western and its 30 employes will oe on the main levei. Executive offices will be on a mezzanine. Two levels above will be leased out as office space. These lev-- v Jerico $94,806.13 to Con- struction Co. for building new T hangars and taxiway facilities at the Salt Lake City Airport has been approved by the Salt Lake City Commission. Reuters News Agency Lockheed Aircraft NEW YORK Corp. has begun offering airlines a version of its Tristar Airbus for the first time, a Lcckneed source said Saturday. The aircraft is not expected to be in production until 1974 or 1975, two or three e McDonnell years after a Douglas DC-1- 0 begins flying. The Lockheed offer was made to Iran Air. the national airline of Iran, which now is on a shopping trip in the United States. The development depends entirely on increased pow er in the Rolls Rov ce engines for the Tristar and would not involve a major engineering overhaul of the basic Tristar design, the source said. Lockheed now is negotiating with its contracts following approval by Congress loan guarantees. of government-backeNegotiations with banks and the British Utah Secretary of State Clyde L. Miller has been elected secretary of the National Association of Secretaries of State at the group's annual convention in New York City. Flight trans-Atlant- long-rang- e 0 vv LAYOUT DESIGN DRAFTING ARCHITECTURE n wi 'n'vvsSn-.s N. . vwVi v i v Jxvv. .s v Llf.lAJ CRANE 9 9 ' im 9 nisi iiii 16,800 Crawler Mounted Air Controls 9 Waukesha DO Long, Wide, Lower 70 Foot Engine Top Mechanical Condition Boom WESTERN ROAD UL ' it INTERIOR fit, (DERING CALI M WAITE SALT LAKE ACADEMY OF ART A. iufciA SALT urn MACHINERYrVCQMPANY UKE CiTT. UTAH MMV iTnitTiii nfflnnrr F v W i CALL 486 2065 if. is no exception, but the Among the three-mont- assuage critics, particularly labor leaders, who feel the Nixon economic plaii is weighted heavily in favor cf business rather than the public? Can the United States regain its competitive edge in world trade as a result of the 10 percent Import surcharge and the realignment of currency values that is now' under way? Or will that promea.uies gram induce retaliatory abroad creating worldwide protectionism and inhibiting international trade? h Catalog Freeze Warms Buyer - Interest Rate Rising CHICAGO y - Montgom- Shocking Impact It is much too early to get a meaningful answer to any of those provocative and much too soon to dis- questons cem many positive effects from the administrations daring economic initiatives on the domestic front. However, the psy- chological impact has been immediate,-shockinand substantial, while reactions to the foreign aspects of the Nixon program have already been rather dramatic and concrete. Much of the initial psychological reactions and resistance to the domestic aspects of the program have begun to wane e and a attitude is taking See Page B-- Column 7 d The average WASHINGTON (AP) Interest rate on Treasury bills edged upward last week for the first time since President Nixons new economic program was announced Aug. 15. Average interest rates on the Treasbills, however, deurys three-mont-h clined for the fourth straight time. The Treasury Department said the average interest rate on $2.3 billion worth bills was 4.538 percent, down of from last weeks 4.549 percent. This was the lowest rate since the 4 51 pcrcen of freeze. These will be very' few', Edward S. Donnell, Ward president, said. Donnell said 92 percent of the 5,000 items in the Chr.stmas catalog are priced at or below freeze prices. Distribution 91-d- June (AP) ery Ward & Co. announced Friday that customers will receive refunds or credits on Christmas catalog items whose prices are higher than those authorized under the Aug. 15 price Treasury Bills On ses- exhibit new confidence and expand their buying increasing sales, production and, ultias the admately, the number of jobs ministration feivenlly hopes? Will corporate earnings eventually be brought under ceilings through the imposition of an excess profits tax to many imponderables in the picture right now are these questions: freeze on Will the prices and wages be extended when ils He despairs: The business and all of his years of work will go down the tube. He will be dumped by associates, stockholders and friends. The wife says she cannot possibly con- Will consumers heightened by the sweeping new eco-- n o m i c policies suddenly instituted V a shington b three weeks ago. rt the and Consumer Confidence? uncer- tainties have been of million 6U Christmas catalogs begins next week. 7. Foreclosure WOOD WORKING AND MILL MACHINERY HEAVY DUTY & FINISH EQUIPMENT ROCKY MOUNTAIN RESEARCH CO. MANUFACTURER OF WOOD DOORS LEASE: OFFICES WAREHOUSES APARTMENTS MFG. PLANTS Moved For Convenience of Sale to 2627 So. 2nd W. SALT LAKE WED., SEPT. don't hove what you need well build it. If w FU MfOfeMATieN AMI D. Hallati, DIM TODAY Phone AA44AA AAA, ... Inspection Prior to Sal 278-500- 6 488-84C9- 12 Noon 8,1971 ROU'tJI PARTIAL LIST m Frtv, tftefc An HkIthk betfc ( Be ?ft fcv B.Y.U. MACHINE MACHINE; centreiiod ROUTINE tide tiptlili reetinf 1H4. Cemptete witfc Tepe eettceetele, HHP. A Ceevi HtlMiMtb (ett L3IAM. time. Mty. l u IN Ini i FARTS Ford parts the West. of orders filled over the counter. Biggest in Over 90 v $ Biggest, West, including 400-H- P Y I ( I dyno. No OH THE GO! SW i'v. s N 'XSix siS r I 15 Cummins, Caterpil- fosy to ivy losy to irMm 13th SOUTH at 3rd WEST 1 22044Cv, 0220 y Single Phase H k ta, cattlttM. II Matw SaicaCnaa attt Imr MO tin Off San. aaa tar fetal aaa tat aa. ant Ur. I4M af It. fit. WtllK. CnftioM. liiitiv. oan 1 22M40Y. tOOTR Hi.ar ntal (lira utaaataa POCKET A 5 7 DOLLAR BILL . . . MMAl MM trMW0US. 1 & LOAN 1 LdNt 1 AVV7 trtj mill N0 YIESSIS. ana tin AC Ml caaatar Him Saa vttfe I10,'220Y SaiMaa ife III IT SAM at rattan Si,, ten. kaf,t, Sit,, Vtlaafl Mfrtaaa4 2 PIKSTAl feaact aM 0a a at vttfe Ht avttefe fen nkaaat taa. tUCTIK MMMO. ttaatfe). SAW Baatafe tliait. mM 2 Hr 1 10 221, will Aaar aaa Maan MU KIHI vttfe kali PAINT Pmnn Taak pm Hf. 220440) MM IMC0 vttfe trail I Omih, m 2 Pniaan Mt wife Trial aa4 Oatfe. lataa looms 4 eocnrru fear, kty. cnmta t mp. i rimer Maitnatt. 2 4 let 4 lac tar Circalar tan POKTMII ea,tM Naa Pavar til Air Stm In (itv n.km. a arm, mcucu mh i aicnw planus bm offki ntflPNcitT hn sanmc TYPmim vm Mi untmt lit . CatcaM. i lam. Mttfe MKfetat. Ft) CafeMt lata. Man it. ua. TSAIUNS Salt Lake City-3- 70 So. 7th E. - 2540 Ogden Oai - SaavakMi Ave. Equal Opportunity Employer m Cfcll trail af a a) aaa Cara aaclarat trutar )acaav Sfeaat vatat aKferaa caatplata vttfe aratar aaa inaclHvaatt Sfeap TIMS C10...CfeKkaal, tram all feMfean. 364-656- Oeden - PAllIT UCl PITTSI0H 4 So ith Phonf . aaM f M 220440) vM l at, .50c Bonus This is the 7Vi interest youll receive on every $100. the highest return your money can earn on a simple certificate passbook account FIRST THRIFT vttfe atl tan ttaan-Oat- 399-378- 521 3850 ( Steel 200 PSl I Compressor 5 HP. Westers Tank Buehler Tank 3 HP. Worthmfto, 1 3 Table Saws: finest lar, Detroit, Diesei dealer. Ot . equipped repair and service shop in the TO KEEP YOU AND SERVICE Compressors: depot truck too large or too small. Major rebuilding to simple service. All makes, gas or diesel. Authorized Ford, SPECIAL REDUCED PRICE . m tfl . WH. ADVANCED ' vs'V Wi HISTORICAL FURNISHINGS 1. Full Factory Maintenance Program. 3 Yrs. or 60,000 Mi s. 2. Warranty Program Records. Tax 3. Simplify 4. More Capital For Investment. Worries 5. No Trade-i6. Complete Service Department For Your Needs. of CAPITOL INDUSTRIES INC. UTAH'S LEADING LANDLORD INTERIOR DESIGN - ..S' ' V.v.' vj ILLUSTRATION LINCOLN, MERCURY, COMET, JEEP OR ANY AMERICAN OR IMPORTED OTHER MAKE segment the year. The current year, suiely, The nation s stock and commodity exchanges will be closed Monday, Labor Day. The Salt Iike Stock Exchange also will be dosed. w w np s w CUSSES beg 1 st of SEPT. (RS;Str;i0A Aug. 25th) JEA'SEKARlNQW final Gosetl for Holiday EVE. RDE(m$Uft1S72 NEW YORK Ordinarily, the advent Labor Day increases anxiety over the business and economic outlook for the new con- year. d vavfmr'srv if y Despair Sets In ar RB-21- 1 Utah Officer (Jains Post heart-to-hea- government, which now runs the bankrupt Rolls firm, are also going on. The new' version would have a still range of 4.000 miles, as contrasted with 3,100 miles on the present Tristar. It would mean range with New York-Pari- s flights. The present aircraft has range only and could not be flown moss the Atlantic with a full load. DC-1called Model The 30, has a range of mors than 5,000 miles, iximparable to the range of a Boeing 747 or a stretched DC-8- . It can fly Los Northwest Orient Airlines Angeles-Parinext takes delivery of the first long-rang- Payment of Page 8 Section B Of Airbus for Trans-Atlanti-c trans-AtlanH- Okay Airport Payment September 5, 1971 tenure runs out in Or will it be replaced by some mechanism with statutory teeth for trolling the inflationary spiral? How will Congress react to Presidents expenditure proposals tax incentives for business when it siders the program at its re mied sion next week? of family ! One of two things happens : The famLy totally disintegrates. It unites as never before. During trial and before commitment, husband, wife weep together. The family prays together. They take precious family outings. for sc many too busy The father, with years, finally talks son. his Lockheed Aircraft Offers a Version d of Sunday Morning, Western has issued invitations for contractors bids. Western has In the meantime, State the former and occupied acquired Savings and Loan Assn, building at 56 S. Main as a temporary office. By Thomas E. Mullaney New York Times Writer He usually serves a minimum term because of his prison behavior. Once free, he does not repeat his past sins as convict is the case with the who lacks the educational and motivational credentials of the businessman. Arrest and conviction are humiliating for the businessman. It is hell for his 25 ZCMI Shopping Center. Economic Uncertainly Heightened by New Economics Year-En- d Minimum Term Parking internal fund;. Marble-Face- ffihmr els will have a central opening to admit light through a skylight to a garden on the main level. Western Savings and Loan Co. will office at its 45 E. build a million-dolla- r 1st South location, Scharf S. Sumner, president, announced Saturday. The old building, remodeled 11 years ago at cost of $200,000, will be razed. Construction of the new will take about a year and a half to two years. The new building was designed by the firm of Dean L. Gustavson & Associates, Salt Lake City. Basically, it is designed to complement the design of the ZCMI shopping mall which also will have frontage along 1st South. Western, however, Is owner of its site and is paying for the construction out of prison : Typically the businessman will put the pioperty in the wife's or sons name. The Buteau of Federal Prisons has loosened up considerably on communicanu tion. The businessman-prisone- r write or receive as many letters as lie wishes although telephone calls are limited to emergencies. Thus, he can give advice on bills to be paid, accounts receivable, whatever. Punishment dues not necessarily end with release. There is a practical matter that if he were an accountant or treasurer. he will never be trusted to resume those careers. If his business was a licensed one, he may not be able to get a license. And he will always winder if he is not now an anathema to old associates and friends. Most Gam Probation . v Conducting Business As for conducting the business from - tf, I v pretenses, use the mails to defraud and cheat on their income taxes. And these sms get occasionally them a stretch at Utah State the Prison or the Federal Prison Farm at Florence, Ariz. Few businessmen go to prison. And of those, it is rarely the big businessman. Hes smart, well advised and knows better. e.g., It is the small businessman busy, withcontractor, tavern owner out good advice, probably under heavy financial pressure . . . and therefore temptation. & : vNt artarcra4NamraaaaaatCiltaa,aaNrvaan4 AUCTtOHlia MAfeV, VUUVUIIIi 2627 South 2nd Wist Salt Like City. Utih Phvnat (SOI) 416-OMJJlLOJMLJIffiTil |