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About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (Sept. 9, 1971)
OllFgi0j6llIE 12:30 p.m. Nebraska Union Inter Varsity Christian Fellowship. 4 p.m. Nebraska Union A. S.U.N. Human Rights Committee. 4:30 p.m. Nebraska Union Union Board. Telegram drive supports draft bill filibuster A telegram drive aimed at supporting a Senate filibuster against a new draft hill is being organized by the University of Nebraska Coalition for Peace and Justice, according to Bill Tiwald, a member of the student group. A booth in the Nebraska Union will be open 8:30 a.m. -4:30 p.m. Friday and Monday with telegram blanks available to interested students. Tiwald said. Leroy Shusfeter, another member of the group, said the telegrams can be sent at a reduced rate under the telegram company's "public opinion" service. Each student can compose his or her own message, he said , or the group "can make suggestions" to students who ask advice. Since Nebraska's Senators will not support the filibuster, Tiwald said, the group is advising students to send messages to Senators with a national constituency" such as presidential hopefuls or national party leaders. For making it through your first, week of classes For being patient 'while standing n lines For pledging that certain sorority For having your birthday during the summer-which everyone forgot SAY IT ALL WITH FLOWERS FROM DANIELSON FLORAL 127 So. 13th St 432-7602 E3 rs 6 P.m. Nebraska Union- Phi Mu Alpha Sinfonia. 7:30 p.m. Nebraska Union Campus Crusade for Christ 7:30 p.m. Nebraska Union Math Counselors. 8:30 p.m. Howell Theatre -We Bombed In New Haven, 12th and R St. Keith Powers, the group's treasurer, said a list of "'hopeful Senators" will be at the booth. If the filibuster succeeds, according to Shusler, any Congressional action will be delayed until its next session at the first of next year. If it fails, however, he continued, the new draft law would, among other things, deny student deferments to any man not already deferred as of April. 1971. This would include all University freshmen and many sophomore men, Shustersaid. A two-thirds majority is required to stop debate (end the filibuster! in the U.S. Senate, he added. The University peace group also plans to participate in an October 13 Moratorium; a November 3 student stnke; and marches in many large cities across the country scheduled for November 6. The events are being planned by the Student Mobilization Committee to End the War in Vietnam. r I I & d We do Volkswagen engine work i i i 1401 South The College Plan for The College man T5" lC No-1 in College Sales the "Husker ' Agency 220 N. 10th - 432-0146 Lincoln A division of Fidelity Union Life Insurance History cloudy concerning economic freeze results by Rod MacDonald Newsweek Feature Service WASHINGTON -President Jefferson Davis instituted the first sweeping wage-price freeze ever attempted in the Western Hemisphere. It didn't stop inflation and it certainly didn'l save the Confederacy. But ever since, political leaders who have been faced with economic crises have considered freezes, and some have tried them out. The results have been mixed, and now that President Nixon has joined the parade, the one thing that is clear is that history gives only clues, but no sure patterns, as to what the country can expect from the latest wage-price freeze. Wars have provided the impetus for the four freezes that have been imposed during this century. But as each of the wars has been different, so too have each of the monetary control systems. President Wood row Wilson headed into World War 1 with a slate of four boards to run the economy. Before long, the first one, which supervised major materials such as iron and chemicals and which was run by Bernard Baruch,. assumed top importance. Its success might be measured by the fact that the country emerged from the war with a then-record national debt of $30 billion. And there were enough loopholes in the regulations so that some 2 2.000 wartime millionaires were created. This dubious record was further blemished by the war's conoco See us now for that winter tune-up St 435-9042 m v i aftermath. Controls were abandoned almost overnight, Baruch resigned under the impression that his work was completed and disaster followed. Prices shot up immediately and so did unemployment, with tens ot thousands of veterans unable to find work. The next freeze came tour months after Pearl Harbor and it was high time, too. Between December 1941 and the following April, when the first World War II controls were instituted, prices soared 1 per cent per month. A year later, an extended controls system was set up and-despite black marketeering-they did the job. During the next three years, prices rose only 6.6 per cent. Still, that didn't make the system lovable. Interest groups mobilized to win exemptions, labor unions growled restively and girded themselves for a postwar push, and businessmen resorted to a variety of subterfuges. The big freeze, however, worked only as long as the war kept the public quiet. Strikes and a potentially catastrophic meat shortage (artificially produced by meat raisers who wanted higher prices) forced President Harry Truman's government to take off controls. The consumer price index jumped as much in the next 1 0 months as it had in the previous four and a half years. At the outbreak of the Korean War, there was an epidemic of scare-buying by a public that remembered World War 11 shortages. Hurriedly. Truman put on another freeze and again prices settled down. When President Eisenhower lifted the controls in the spring of l53, there was little impact Humphrey to development hearing The U.S. Senate Subcommittee on Rural Development, chaired by former Vice President Hubert H. Humphrey, will fly into Lincoln Friday to hold a hearing on rural community development. The heanng is scheduled for UNL's Nebraska Center for Continuing Education on East Campus from 1 p.m. to 5 p.m. AY si. We have a complete menu and your favorite beverage on sale every day except Tuesday. dancing & entertainment fri. sat. AND sun. Ladies Night, Monday through Friday The first drink is free. tnrurt on the economy. In tact, the price index rose only 1.2 per cent in the year following decontrol. But there may not be much comfort for those who seek si rr ilarities between the controls and conditions that prevailed in the past and those that are present in the current Nixon freeze. During World War H, for example, there were grievous shortages and tremendous purchasing power-two conditions that are notably absent during the present crisis. Yet, if the past does hold some key to the present early control stage, the public may expect to see the repetition of at least some of the following: A widespread enforcement bureaucracy if controls are to succeed even for a brief time-or, conversely, lax enforcement and little success with controls. Emergence of a strong administrator in the pattern of Baruch or Bowles or Mike DiSalle (who headed the controls setup during the Korean War). A price squeeze on certain products. If corn, for example, gets more expensive and beef, which feeds on it, remains under strict control, shortages and a black market could follow. Pressure from many interest groups for special dispensations to raise prices or to get wage boosts. But the 1971 freeze is, in a sense, an original. It takes place at a time when a war is being wound down, not up, and when the public seems unlikely to respond to patriotic appeals. This freeze, thus, may be the most unpredictable of them all. chair rural Humphrey, now a Democratic Senator from Minnesota, will be joined by Sen. Carl T. Curtis (R-Nebr.) and Sen. Harry Bellmon (R-Okla.) Among those scheduled to testify are Gov. J. J. txon, NU Pres. D. B. Varner, and former Gov. Norbert T. Tiemann. Previous field hearings were held in Iowa, South Dakota, Alabama and Georgia. We se!! cold beer 7 days a week 435-9083 THURSDAY, SEPTEMBER 9, 1971 PAGE 2 THE DAILY NEBRASKAN