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Show Feriulb Ord-.- r WESTERN AMERICANA University of utnh Fait LakeCity, Utnh 112 SALT LAKE CITY, UTAH VOLUME 16, NUMBER 173 FRIDAY, SEPTEMBER 8, 1972 INSIDE TODAY NOISE ORDINANCE Amending Title 46 See page 4 U.S. SUPREME Part of $750,000 Recreation Center COURT r For Families STANSBURY PARK, UTAH The golf shop under construction here marks the beginning of the $750,000 family recreation complex at Stansbury Village. McNEIL v. DIRECTOR, PATUXENT INSTITUTION Denial of due process to hold petitioner on basis of an ex parte order committing without procedural safeguards. . . . . See page8 The recreation complex, located between the golf course and 100-acStansbury Lake, will include a count club facility with idJTioa s, tennis courts and boating marina, Robert D. Moore, De-i- p, Environmental f re ifrdch Budget Head Sees Economy In Upswing K' i LOS ANGELES (ACCN)-T- he economy is on a strong upward path now, and will continue to be as long as government spending Is held in check, declared Caspar W. Weinberger, director of the federal Office of Management & Budget, in an address to the Chamber of Commerce Board of Directors here. Speaking at the regular board meeting, at Chamber headquarters, Weinberger cited as important factors a decline in unemployment and a increase of 9 per cent in gross national product for the second quarter of 1972. "Inflation dropped to 0.1 per cent he during the second quarter, in a and just years pointed out, time went from 4.7 per cent to just over 2 per cent now. Fresh from testimony before a joint Congressional economic committee, Weinberger related that the "principal worry among economist today is "the potential of the great wave of inflation on the horizon if federal spending is not controlled. He said this inflation, if it materialized, "could erode our. present rate of recovery. "However, individual spendable income has risen 5 per cent in the last year for the first time in recent years, so the brakes are taking hold. A relationship exists one-to-o- ne between federal spending ,ghd stimulation of the economy, Weinberger declared. The effect on the economy can be good or bad, depending upon the kind of spending it is. "Some federal spending does not stimulate the economy," he noted. of federal "Only about Three-fourtcontrollable. spending is of the budget is uncontrollable, and, like the sorcerers apprentice, it can run away with one-four- th hs you. the Terracor archi- tecturalsuh&i4iary. VnTt A $56,600 contract for building the pro shop was awarded to Gawan Construction Co., Salt Lake City. The contractor was given 60 days to complete the project, which should mean a September opening. Report Shows Economic Periscope mention make balanced taxes or hands budgets, Food Chains' Realities racing ahead at economy might prove rate not exceeded since trade balance Profit Small exceed, By Lee Ruwttcb Miami Review The economy is a: of no reduced economic controls. off of the 1959. NEW YORK (ACCN)-- In of growing the face price wars, Price of However, our deficit for 1972 will probably $6 billion. Federal overspending continues to be a problem with an anticipated budget deficit of $38 billion for fiscal 1973. Isnt it time we at least tried to balance the budget Commission controls and ever-risin- g wage expenses, the nations food chains have closed the fiscal taxes of 0.82 percent of sales, the with fiscal responsibility? If out of control and lowest earnings ever for the industry spending surges rkuels the inflation, there will be as a whole. According to the new trouble ahead. The president and Grocer-Corne- ll Progressive Congress must agree that the University report on "Operating Federal budget return to a sane, chain Results of Food Chains, reasonable level of control. Inafter-ta- x net earnings in 1971-7- 2 creased taxes and slower monetary dropped 5 percent from the previous be anticipated for fiscal year and 37 percent from six expansion can 1973. International monetary years ago. will be aggravated by problems Despite consumer opinion to the domestic interest rates. We higher contrary, U.S. food chains are facing must learn to live within our means both internal and external pressures and up to our aspirations. that continue to increase operating Northeast Airlines captured less costs while inhibiting flexibility in 15 percent of the Florida-Nethan cutting expenses and raising prices. York market. Delta thinks it will Labors demands for better fringe within one year as 25 have benefits, in lieu of wage increases toe resultpercent of an ad campaign, better have combined with higher Social and Delta image. service Security taxes to .drive payroll expenses to an e high of 11.38 The Miami branch of the Federal of sales. At toe same time, percent toe the trend to more discounting has Reserve Branch of Atlanta was first to be established since 1927. escalated into price wars Now the pressure is on for more in many market areas, making it Look for Chairman of banks. branch impossible for retailers to maintain toe Arthur Burns, to gain Fed, their present margin levels, and Congressional approval for other forcing them to continue their branches. agressive advertising campaigns in order to get toe new "price Most politicians believe that news message to consumers. media operate at their highest level Many experts believe that toe of responsibility when depicting 1972-7- 3 fiscal year will prove to be a their opponent in a negative or future bell wether of toe long-rang-e No wonder of toe food retailing industry. By toe embarrassing light. not been critical of has Agnew aid of that year, toe chains are Spiro the press recently. likely to have established a firm direction in their efforts to cope with cost factors that NEW REPUBLICAN LEADERthe , w aii-tim- full-sca- le Government must be able to accommodate changes within the total budget without going over budget he said, pointing out that expenses necessitated by Hurricane ASnes and the North Vietnamese offensive were not predictable. He said that President Nixon is insisting on a ceiling on government spending of no more than $250 billion, to avoid a return to inflation and the higher taxes required to battle it. continue to erode net earnings. ever-escalati- ng SHIP This years ia. Republican pledges of Eight every ten small businesses founded in Florida this year will go bankrupt within eight years. Though toe failure rate is high, thousands of our citizens are as small business self-employ- ed The golf pro shop includes a pro office, registration desk, sales area, vending machines, golf cart storage and a patio leading from the southeast part of the building to the practice putting green. The one-stobuilding will have stained redwood siding and a bar tile roof. ry Brixen and Christopher, Salt Lake City, designed the pro shop, while Sasaki, Walker & Associates, San Francisco, produced the site plan. Both were supervised by EDG. Plans for the rest of the $750,000 recreation complex are now being finalized and construction should be underway this autumn so that the complex can be in operation next year, according to C. Bruce Miller, Terracor vice president and manager of the Stansbury Park entrepreneurs. The stock market has behaved like a yoyo up sharply one day and then down the next for no apparent reason. The economy is surging Division. ahead with bright profit reports and toe threat of McGovern is fading. While the golf pro shop will However, interest rates are rising have an outside deck facing the the international monetary situation golf course, the recreation cenis unstable. ter will have a deck overlooking Now look for a huge influx of in- the lakeside. convertible dollars from overseas. A special room will be set Once toe trickle develops into a aside for youth stream toe market will gain more Mens and womens lockers vigor and surge higher. If peace in will also be available on a perVietnam becomes a reality, toe Dow manent or daily rental basis for could advance 50 points in a week. those who wish to change into swim or tennis wear. A cafe THE OLYMPICS serving light meals and seating ABC has spent $13 million for up to 40 persons inside will be broadcast rights and on-siadjacent to the deck. The clubfacilities of the Olympic Games in house will also contain a bar Munich. The Germans have conseating 30 persons. the te structed largest temporary complex ever about $80 million worth of equipment to broadcast daily 13 hours of continuous color coverage. radio-T- V NEW YORK (ACCN) Samuel A. been appointed Carucci has Secretary of Olivetti Corporation of America. He will continue in his present capacity as Corporate Counsel. York University and St. Johns University School of Law, Carucci is a member of toe Bar Association of the Cityof New York A graduate i of New Outdoor facilities will include a six-laswimming pool and a et smaller pool in diameter for todlers, Mr. Moore Baid. The complex will also have two tennis courts and a court for basketball and volleyball. A marina and dock will also be installed on Stansbury Lake as part of the recreation center. Two other recreation centers are masterplanned for Stansbury Park and they will be built when population growth makes them feasible. ne 24-fe- |