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Show ,11 niiMiaimiria"mrjjnH i' lfcfM "i" i p"," yrr n -- DESERET NEWS, 2A WASHINGTON (AP) Administration have gone to the aid of B. F. Goodrich Co., an unwilling bride in a $2.3 bilMixon lion trust-buste- corportate marriage procon- posed by a burgeoning glomerate, Northwest Industries 1'IC. The government contended in a civil antitrust complam-ththe merger, if consummated, would be anticompetitive and encourage the trend toward economic concentrat- at ion. But even as the suit, the administration's third attack on conglomerates, was filed in a Chicago federal court, the Justice Department released a presidential task force report depicting entrenched concentrated industries as mere of a threat to competition than diversified combinations of unrelated companies. The task force, appointed by former President Lyndon B. Johnson and headed by Phil C. Neal, a University of Chicago law professor, called for legislation to break up shared monopoly power by a few companies. In suing Northwest, the Justice Department moved to Goodrich from prevent the second billion-dclito lose its identity because of the mprger move- becoming ar fnm ment. Goodrich, which had $400 million more in sales la.-,year than Northwest, has vigorously resisted the takeover bid by the Chicago-ba'-eholding company. Part of its shareholdinvolved campaign t d newspaper ads er-oriented pointing out Northwests first quarter losses on railroad operations. In terms of arsets. Fortune magazine lists Northwest as the nations 63rd largest corporation in 1968 and Goodrich as 82nd among the nations top mmtoa"a No Antiprotest Action, No Funds Halt T 1969 May 22, Thursday, nxi rTiiaturMf - The WASHINGTON (AP) House has approved. an appropriations amendment that would prohibit use of ted-erinterest grants by higher that institutions education don't take firm action against The bill must go to the Senat". student demonstrators. weak-knee- 329-6- 1967, was submitted to Johnson last July, but the proposals were shelved because of a decision not to seek major new legislation in the waning months of the Demo-eroti- c Administration. The task force proposed laws to permit in divestiture proceedings cases where four or fewer firms account for 70 pv cent or more of industry-wid- e sales. Under its recommendations, cember corporate giants. Tne 500 combine would advance to 29th in rank. Both firms are highly diversified. Northwests holdings are formed around the Chicago & North Western Railway, while Goodrich is known primarily for its rubber products. Asst. Atty. Gen. Richard 'ft. McLaren, releasing tne Neai study and said his action comment, should not be interpreted in as an endorseany sense ment in whole or in part of the task force recommendations. The study, initiated in De proposed court-ordere- report for to designed starch put a little backbone cl the in administrators. d CLOSEOUT d MATTRESSES and concentration ratios four-fir- Rep. WiU'am J. Scnerle, said the measure Is BOX SPRINGS would be reduced to below 50 per cent and market shares of individual companies would be cut to below 12 per cent. ALL OF OUR DESERET NEWS House Unit Okays $8.7 Billion Bill WASHINGTON (UPI) -The House Appropriations Committee today approved the first regular money bill of an $8.7 the 91st Congress billion measure to cover a years operation of the Post Office and Treasury Departments. The measure, which covers spending for the 12 months starting July 1, also includes repeal of a personnel cutback Congress ordered last year in the Treasury. The limitation applied to a the number of departments Post Office was one of those and President excepted Nixon persuaded the committee to remove it on grounds that the resulting savings were more than offset in loss of efficiency, overtime and revenue. The $8,821,727,000 voted by mmf g fft t . ...... . AP Wirt Photo A High Rise For The Birds Drive reminder Slow at base of bird-hou- 40-fo- ot se tower warns motorists to watch for birds. Tower, erected on main street of Griggs-villhouses 500 111., pairs of purple martins. low-flyi- e, was the committee $661,207,000 more than Con- - CAPE KENNEDY (UPI) -new Intelsat 3 television and telephone relay satellite looped the earth in a huge ellipse today, waiting to be parked in a permanent orbit to complete a worldwide netspace communications work. The satellite was launched at 10 p.m. EDT Wednesday by Delta rocket. a three-stag- e The launch was right on the money, officials said, and a tracking station at Cooby Creek, Australia, confirmed the satellite was in a proper orbit. Everything looks beautiful, reported launch director Robert Gray. The $6.7 million, satellite was swinging around the globe ranging from 100 miles high to 23,000 miles. Friday, ground controllers will fire control jets on the satellite by radio signal and it into a circular put orbit over the Pacific Ocean. d h WAREHOUSE SALT LAKS CITY. UTAH K. First Soul!. ai circulation St. Main f. Salt Ltko City Utah 1411 Published 1850. Established Juno 15, tuCh evening. Entered ar he Sait Laka mat a class second Office Post City to Act of Congress ter according March 3, 1179. The Deseret Nows Publishing Com for peny assumes no responsibility manuscripts end photographs contributed Photographs and articles may be reprinted only with written permit sion given In advance. CARRIER DELIVERY RATES One month (dalty only) $2.00 $12.00 Six months (daily only) One year (daily only) $24 00 one month toaiiy ana Sunday) $3.00 Six months (daily and Sunday) One year (daily and Sunday) MAIL DELIVERY RATES $3 00 mg, Oally (Sunday by carrier) $2.25 mo. Dalty only $3 5C mo. Daily and Sunday 4 mo. 3.50 Saturday only 1 yr. 4.00 Church Nows only 4 mo. 2 oo Edltori.l Offlct, M INVENTORY Advertising 14) OFF WHEN SUB SANK VALLEJO, CALIF. gress appropriated for the oame to departments last year, but $42,382,000 less than the President requested. In an attack on government spending last year, Congress directed that payrolls be cut back to levels of June 20, 1966. That would have meant a of about 250,000 reduction jobs. some agencies Although were exempt, the Budget Bureau said total full time civilian employment, as of March 31, had been reduced about 35,000 jobs, to a level of about 2.3 million persons. But Director Robert P. Mayo said the savings were illusory and that Nixon wanted the cutback order repealed. A p p r opriations Chairman told George Mahon, the House his committee, in money bills for each government department, will include the repealer. hatch cover missing A (AP) during an underwater test may have been the reason the submarine Guitarro sank at its moorings last week, a naval board of inquiry has been told. Richard Kaufenberg, a civilian machinist, testified that the sonar dome cover had been off for months during the vessels conversion at Mare Island Naval Shipyard into a nuclear submarine. The cover area normally Is above water, but last Thursday night the bow was dipped below water in a test and the sub began shipping awater. It sank to the Napa River's muddy bottom in 30 minutes. 1 yr. MUST BE SOLD! under way, meanwhile, among the 12,000 civilian employes of the yard to donate a day of their vacation pay to help with Guitarro repair expenses. Ail Sizes Some Headboards $19.95 or Twin Mattress or Box Springs Queen Mattress and Box Springs King Mattress and Box Springs Ful wt up - $79.90 up $139.90 FLOOR SAMPLES DISCONTINUED FREE ESTIMATE TO REBUILD YOUR PRE5ENT NO OBLIGATION MATTRESS ... Torino Arrange 3.50 mail subscriptions art payablt in Advance. Member Audit Bureau of Circulations, Saturday only and Church News mail outside carrier delivery areas only. All A drive was r oelcAiiiei'Jfer, Welkor MtakarJ, AtoMordiorgo. OVERMAN MATTRESS CO. Whore ACTION ADS SAIT IAKI CITY 2601 St. Stele PAY PROFITS 464-440- S r letter Atottrooioo Are Mode OGD!tf FkOVO No Chorg 366 Se. 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