bor

8 The Guardian, Thurs., Sept. 15, 1966

_U.S. Reports ” On Russian Moon Plans.

WASHINGTON (AP) — Presi- dent Johnsons space advisers said Tuesday the Soviet Union apparently intends to land cos- monauts on the moon but has not yet indicated the means that will be used.

Or. Edward C. Welsh, execu- the secretary of the National Space Council, told a reporter:

"We do expect the Soviets to have a project to goto the moon.

“This could mean either that they will have te develop a larger rockes thea. any they have shown so far, «: will have to rendezvous in spave w join several smaller rockets.

“We don’t have definite infor- mation as to one or the other, ’ but anyone is entitled to specu- late and to use his imagina- tion. ”

Welsh was queried about pub- #-

Ushed-reports that the United States has learned — probably, through photographs and other data gathered by satellites — that the Russians are develop- ing. a rocket booster larger and more powerful than the U.S. Saturn V, now under develop- ment.

The Saturn V, with 7,500,000 pevnds of ‘thrust; will be used to send three-man Apollo space- eraft into lunar orbit from which two crews members may descend for a moon landing.

ebn

MONARCH

SHORTENING on ae

No Plans Made -

For Recession

OTTAWA (CP)—The United States is-planning: neither ‘for a recession nor-a~ depression, La-

_ said Tuesday.

He told reporters “the pre-

vailing thought” is that it wople&,’be .a mistake to make | such plans,

Mr. Wirtz said he thought

most U.S. economists feel there have been substantial economic gains in the last five years. They include not only moving upward, -‘‘but in finding out the- ways of avoiding. the ups and downs.” —*

What the. U.S. expects, he said, ‘is a slowing up of the | rising economic curve rather than a moving of the curve downward.”” is

Union Member

- Comments On Rates Boost MONTREAL -

ternational. non-operating rail-

way unions,. said Tuesday that | the CNR andCPR “certainly | wasted no time’’~in seeking, in- |

creases in their rates.

“It is significant to note, -how- | ever, that only the CPR seeks |

increases in passenger fares, which further emphasizes its stated intention of abandoning passenger services,’’ Mr. Smith said in a statement.

The railways announced jointly Monday night they plan to increase freight rates Oct. 10

- by 10 per cent to help offset ris- ing costs, particuarly an 18-per- cent wage increase granted 118,- 000 railway workers by Parlia- ment Sept. 1.

‘The CPR also said- it will faise commuter fares by five to 15 cents a ticket, starting Sept. 17.

SAYS OBJECT IS PROFIT

Mr. Smith said: ‘It: comes as | no surprise to me that the rail- |

Ways are. attempting to main- tain profits at their present rec-

ord levels by offsetting higher |

wages with higher profits. “There is no doubt in my

mind that higher profits is the

dominant factor in-their dect-

sion. In this respect they are |

no different from any industry

which tries to earn’ as high a |

rate of profit as possible.’

Mr. Smith added that in 1964, |

CPR earned $68,500,000 after taxes—47%% per cent more than in 1963. In 1965, profits after taxes cent more than in 1963.

“It is a matter of record that

railway profits have never been

reduced as a result of wage in- |

creases.” Freight rate increases will af- fect about 30 per cent of the

cargo handled by both railways. |

Secretary Willard Wirtz |

(cP) — BR. 6. | Smith, chairman of the negotiat- | ing committee of associated in-_|

were $73,000,000, 56-per- |

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AM Changes Top Brass

DETROIT (AP) — American Motors Corp. has made a major

, Change in top management with | vexecu- | - , president interna>”|

‘Roy D. Chapin Jr., 50, tive-~vice tional, taking over /responsibil- ity for the company’s automo- tive division.

President Roy Abernethy said’

the move, plis a lesser change, had been/contemplated long be-

fore Détroit industrialist “Robert~ B Evans moved, onto the scene i

as board chairman in June.

\‘ernethy, who has held the | dual title of president: and gen- ‘| eral manager for several years, | passed the latter title ee S|

“~~ Chapin

American Motors, which” had its sales troubles in the 1966 model year, Jost~appfoximately $4;400,000 ii,/ the” first nine » months of jts fiséal year ending Sept. 30,/It went into the red at a tithe when General Motors, Ford’ and’ Chrysler were’ report: yet ee orofits.

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