OCR Text |
Show Wednesday, March 17, 1976, THE HERALD,Provo, Utah—Page 25 Russian Defense Budget Zooming, CIA Report Indicates WASHINGTON — (LENS) y spring, along with , cherry blossom and the submission of the American defense budget, there comes from Washington news of an unexpected Soviet military challenge. Usually it is a new missile, or submarines off the American coast. But this year there are twodifferences: the subject is the Soviet defense budget; andit looks moreserious than the normal spring fuss. ; probably show that the Soviet Union is spending almost twice as much as was previously thought, amoun- ting perhaps to 15 per cent of oteric that the differences of viewdid not come sharply into Wecroen (IOREOP AUTO b r than was once believ ed. And there number of defense spending in two from either result, the usual exchange rates for various ethodis to think upplausible on the Soviet economy, and a categories of military spen the comparethe Soviet effort with ding and convert the ruble figures into dollars at these the American one. There are two main ficial Americanestimates are the responsibility of the CIA and its analyses are so es- PRIRTS true, different ways: a “rubl timate, to measure the “dollar” estimatethat tries to its gross national product. HEY, Lov! Gor LOWE other is to analyse Soviet in dustrial production in order to estimate the value of the military equipment it may never have been true sian defense power, which includes many civilians doing support work To get a dollar equivalent is now thought to be much focus until last month America’s traditional prac tice is to calculate Russian former defense secretary told Congress in October that Russia could be outspending the United States on weapons by up to 50 per cent, and widening the gap. But the of- James Schlesinger, FUNNY BUSINESS S| The CIA is in the process of radically revising its estimates of Soviet military spending. The result will rates. The CIA is now rethinking all its assumptions. For exam ple, ever sincetheearly 1960s it has been medthat the methods of working out the ruble figure. Oneis to pick out certain itemsfromtheSoviet budgetthat arebelievedtoin. Soviet economy was markedly moreefficient in the military volve covert spending on sonnel costs things like looking after soldiers’ depen dants, housing and pensions are not thought to be suf ficiently “Americanized” to make the present conversion rates valid Thesize and quality of the Soviet arrayed forces actually against the United field than in civilian produc tion. This may no longer be States and Nato are known defense and add themto the admitted defense budget. The pretty accurately. So does it matter how much they cost the Russians? It does. The purposeofin telligenceis to indicate what To be sure, generals never think they February 2 namesearmy e enough. likely to do. MalcolmCurrie. the most heavily equipped armies in the world, with all those weapons it has taken research director, told con said it needs still more arms your opponents are able and gress last monththat hebeliev ed Russia could “‘achieve dominance in deployed tary technology in the current trends con- tinued, The Nato allies need to know if “current trends” will in fact continue, and it makes all thedifferenceto know how much the Russians are now spending on defense for “protecting the country.” The Russian defense budget no doubt reflects this universal tendency. But it may also show that Soviet generals have more political clout than their Western opposite numbers. If they've got 15 per cent of the country’s GNP, they must have Sale 1.80 Sale 2.50 Reg. 2.25. Boys’ Penneypet™ crewneck shirt of Reg. 3.25.Poly- Dy ester/cotton solid smock with short angel sleeves andtieback, Choose polyester/cotton Solids with embroidery. Sizes B(4/5) C(6/7) pink or yellow in Sale $4 sizes S,ML. (4-6x). Reg. $5. Boys Penneypet® plaid jeans of polyester Sale 2.40 Reg.$3. Polyester knit slacks with elasticized waist Choose from (2 cotton. No-iron in assorted plaids. Regular/slim 4-7 pretty solids in pink oryellow. Sizes 4-6x. Filmmakersto Battle For Loophole in Taxes CHICAGO (UPI) — Thefilm industry is ready to go to Washington this week to battle for a tax loophole it says it needs to stay in business and provide the public with quality movies. Studios, unions and independent filmmakers will ask the Senate Finance Committee in hearings beginning Wednesday 10 reconsider the provisions of a bill that would lump film makers together with oilmen, realtors, farmers and others who rely on tax shelters to make profits. Chicago attorney Burton Kantersaysthe bill could mean the death of experimentalfilm making in the United States. Kanter, who said he developed the current tax deferral Russ May Buy More U.S. Grain WASHINGTON (UPI) — President Ford says the Soviet Union may buy more American grain soon. In a brief speech Monday to members of the Ohio Farm Bureau,after being introduced by Agriculture Secretary Earl L. Butz as ‘‘a greatfriend” of American farmers, Ford noted the Russians already have purchased about13 million tons of U.S. wheat and corn in the current marketing year and added “The possibility exists that, with their bad harvestandtheir great needs, they'll come in and buy somemore."” Hesaid Soviet portsstill are jammed with shipments of American grain which was purchased earlier and he indicated that situation has been delaying furthersales. US. agriculture officials have suid the Russiansrecently indicated they will buy more American grain before long, but that the timing was uncertain. used by film makers, said because of soaring production costs, “if you didn’t have tax shelters, there’s no way that money would be put into films.” Under present tax laws, he said, a film investor can put off payment of taxes on a current year’s income from a film by writing off an investment made in the previous year of ion. Kanter maintains his technique is merely a tax “‘deferment,” and the government gets its tax moneyoverthe long Tun. But Rep. James C. Corman, DCalif., who authored recent legislation in the House Ways and Means Committee to end tax shelters, Reg. 2.75. Polyester/ cotton top with applique and puff sleeves. Pink or yellow in sizes S,M,L. (4-6x) Sale 2.20 Sale ‘3 Reg. 2.75. Boys’ Penneypet® print shirt of polyester/ Reg. 3.75, Print wovenpolyester/ polyester/cotton knit in assorted short sleeves and crewneck styles. In white, blue or yellow. 1-4. Sale 1.29 Sale 3.60 Pink or yellow in sizes 4-6x. Reg. 2.59. Assorted screenprint Hildi® polos of cotton knit. Short sleeve. Sizes B/4/5), C(6/7) cotton slacks with band front and elasticized back. = Reg.1.59. Polyester/cotton slacks with band front andelasticized back. Choose from assorted prints and solids in sizes 1-4. Reg. 4.50. Boys’ Penneypet® jeans of no-iron polyester/ charges some investors are “more interested in dodging taxes than making movies.” According to Corman, the intricate tax financing system allows tax deferrals to be “rolled over” indefinitely and Treasury officials have estimated government coffers are deprived ofupto $60 million annually. Corman said hefavors a7 per cent investment tax incen- Sale 1.80 cotter sail cloth Assortedsolids. Regular/slim 4-7. Reg. 2.25: Short sleeve numberpolo in polyester. Contrasting numbers on white, light blue, green, bone, or yellow. Sizes 1-4. Sale prices effective Sale 1.60 thru Saturday. Reg.$2. Assorted boxerjeansin polyester/cotton. Solids, patterns and navy denim. Sizes 1-4. tive plan for film makers, but “they don't need to have such a big tax advantage over every otherindustry.” In New York, Columbia Pictures’ Vice President and General Counsel Burton Marcus, stressing the need for continuation of tax shelters, said: ; ff people think we sit around swimmingpoolsall day long, butthis industryis run on tight financing. This is a place where an investor can lose er ing veryeasily.” Citing the possible consequences on film as anart form, Marcus said,‘There are many youngfilm makers around who have the potential to be good film directors. But they often don't have a track record’ to provetheir worth to producers. He said independent film makers often lack capital needed to produce a film, and need tax shelters to lure investors into financing their projects. Sale 2.80 Reg.3.50. Boys’ Penneypet® striped Sale 2.40 Sale 2.20 Reg. $3, Boys’ shirt of polyester/ Penneypet® crew- cotton. Short sleeve; neckshirt of no-iron placketand collar. Assorted colors. Sizes B(4/5), C(6/7). Reg. 2.75. Polyester/ Sale 2.20 polyester/cotton cotton top with delicate trim on collar and Reg.2.75. A knit Shortsleeve solids. Sizes B(4/5), C(6/7) top of polyester/ cotton accented with floppy sleeves and trimmed neck- ca sleeves. Beautiful in pink oryellowpatterns. Sizes S.M,L. (4-6x) / line. Prints in pink or yellow. Sizes S.M,L (4x-6x) Courts Too Secret With Press, Says Probe Panel NEWYORK (UPI) — Courts First Amendment. ‘The proposals were anare placing too manyrestrictions on reporters and states nounced Monday at a news should adopt regulations limit- conference at the independent ing judicial restraint of news research foundation's offices in coverage, a Twentieth Century New York. Fund taskforce report says Under the proposal, the Joseph A. Califano Jr., highest court in each state member of the task force and would select a nine-member counsel for the Washington committee of judges, prosecuPost, said the one-year, $28,500 tors, lawyers and newsmen study was undertaken who would formulate a “Free “because the pendulum has PressFair Trial Standing swung too far The courts are Order" for the state's highest imposing too many restrictions court to govern coverage of on reporters as to what they generalcourt cases. can coverin regardstotrials,’* ‘The 13-membertask force, Florida’s Canoe Trail composed of attorneys,judges, network was established by the editors, and law professors, State Department of Natural also suggested ways the courts Resources in 1970 to preserve could protect defendants’ the state’s wild rivers and rights without endangering the inform visitors about its 1,700 free press guarantees of the rivers and streams. 4 Ss . r 0 * f, 9 i, A SC v « % ss " Sale 2.80 Reg, 3.50. Woven polyester/cotton pants with bandfront and elasticized back. In Solidsof pink or yellow. Sizes 4-6x. Orem University M: Monday-Friday 10-9 Saturday 10-6 Sale prices effective through Saturday. Use Your JCPenney Charge Card. On surely one of Downtown Provo Monday & Friday 10-9 All other days 10-6 |