2
Thursday, February 4, 1976
University Daily Kansar
associated press digest
Vote on handgun bill today
TOPEKA - A proposal by Gov. Robert F. Bennett to require a waiting period for handgun purchases was amended before winning tentative endorsement in the House.
If the bill is approved today, it will require persons buying handsets to wait one week before taking possession. Bennett had asked for a two-week waiting period,
but but was cut. The judge ordered the gun purchases was passed to final House action after provisions were added that exempt persons approved by law enforcement officials from firearm ownership.
in situations that the handgun control bill should help reduce the number of bumps that happen when an angry person buys a gun and kills someone.
"Felons aren't the only people who kill people," said Rep J. H. "Hip Reeves, R.Witcha." You're going to take care of a lot of killings in the heat of passion with
However, Rep. Victor Kearns, R-Merriman, said the bill may be either inconsistent with federal regulation of firearms or in violation of federal law.
Apco liquidation proposed
HOUSTON--Apoo Oil Corp. said yesterday that a plan was being developed to initialize the firm.
John McMillan Jr., chairman, said directors had tentatively concluded limitation would be "in the best interest of all stockholders"
liquidation would be "if" rather than "or." Apex has produced, refining, and marketing operations, including refineries in Arizona, Iowa, and Vermilion. OKa.
Northwest Energy Co., acquired about 48 per cent of Apex's common stock through a tender offer last year and indicated at the time it would vote for a
The annual shareholders meeting has been scheduled for May 19. A spokesman said a limitation proposal would require approval by a majority vote.
sales said management also was to start negotiations for the sale of Apco properties.
Court narrows libel shield
WASHINGTON—The U.S. Supreme Court has made it easier for private persons to win libel judgments.
my ruling that a prominent Florida socialite involved in a divorce case wasn't a rublic figure, the court narrowed the press' protections in the libel law.
Decisions over the past decade have widened those protections against claims by public figures, requiring that they show malice on the part of the press. Since 1974, however, the trend has been going the other way, as the court has parrowed its definition of public figures.
In a 5 to 3 decision Tuesday, the court ruled that Mary Alice Firestone was entitled to collect damages if she could show that Time magazine was negligent in her actions. The jury reached a unanimous verdict.
Bell to request rate hike
TOPKEA-Southwestern Bell Telephone Co. plans to ask the Kansas Corporation Commission today for a rate increase of more than $30 million.
The utility asked last year for a $2.18 million increase, at that time the largest rate increase in state history, but was granted only $0.4 million of that amount
Southwestern Bell then sought and received a rehearing on its first rate increase request and was turned down by the Kansas Corporation Commission on Feb. 4. The new rate increase, which sources said would likely be about $33 million, would be the largest ever sought by a utility in Kansas history.
Stanley H. Clow, Bell vice president for Kansas, said, "We desperately need additional revenue if we are to continue to be able to provide quality telephone services."
"One of the reasons for our rate application was the large amount of money required to upgrade rural service and the low return we realize on this in-
House OKs honeybee bill
TOPEKA- Light-hearted debate yesterday preceded final approval of a bill in the Kansas House making the honeybee the state insect. The measure passed 112-8 and was sent to the Senate. Kansas schoolchildren have been lobbying for the bill for two years.
College students may find themselves in a difficult position once they have graduated from the academic world into the financial world of credit.
Staff Writer
Many graduate into credit bind
For most college students, establishing credit can be a vicious circle. Students often need credit to receive anything from a bank, because they don't have established credit, because they don't have established credit.
By DAVE HAUBER
Getting credit is something that is often determined by how well a student, or anyone else who has applied for credit with a company, fits into the company that company that
Wesley Fitzgerald, president of the Credit Bureau of Lawrence, 303 W. 11, said this week that his company provided the merchants and businesses of Lawrence with a person's financial profile, which is based on past credit transactions. Only members of the credit bureau, who pay a $15 monthly charge, can look at the personal involved. Members check with the bureau by a telephone code, be said.
"Basically we're just record keepers," Fitzgerald said. "The manner makes his own credit rating by the way he pays his bills."
THE CREDIT RATING system that is employed by businesses, he said, is a universal one. The rating system is based on two classifications. One deals with the kind of business a purchase is made from which the payment is made.
A C-1 rating would mean that a person has paid bills to a clothing business within a 30-day period, while an H-9 rating would inundate it with debt with a home furnishing business.
The information given to a credit bureau can come from any source as long as it is financial and can be verified. Fitzgerald advises that you should not have questions from credit applications that have questions ranging from employment situations to family status. Usually, the questions ask for information which pertains to the specific events for granting credit of that company.
A bad credit rating is something that can present an obstacle for a person who wishes to make a purchase. Financial information should be available in the credit bureau, Fitzgerald said, is listed on a person's file and is available to any member who may be considering an application for credit.
"YOUR LOCAL STORES will take a chance," he said. "They talk to you and they can see you. A national company will monitor that but will kick out your application."
FTZTGERALD ADVISES people who have files to check them at least once year, preferably every six months, so any problems can be corrected or explained.
Establishing a credit history, he said, could best be accomplished by applying for credit at a local store, which would be more or an grant credit than a national company.
"The only thing we know is what we're told," be said.
Any financial consideration, whether
Grad's stepson playing in tree hung by rope
The young stepon of a KU graduate student was killed Tuesday when he accidentally hung himself with a rope he was playing with in a tree. The boy, nine-year-old Steven Carpenter was the son of Mr. and Mrs. Michael Fisher, 2310 Haskell.
The boy was discovered hanging from the tree by a young neighbor, Jason Thomas, 11, who was playing near the Fisher house. Thomas ran into his house, grabsed a knife and climbed the树 to cut the rope. After he got back to his house to telephone for help.
Ambulance crews and an older neighbor arrived almost simultaneously and tried to save the child.
Most credit sources consider having a job
studio income as an income in gaining
money.
Clay Kucza, manager of the SIC Credit Company, 949 Mass., that students are considered in the same way that any credit applicant is, on an individual basis.
Lawrence police said Carpenter apparently was trying to swing from a rope attached to a tree in a neighbor's yard. He is believed to have looped the rope around his neck as he climbed the树 and when he fell the rope caught around his neck and the tree.
Carpenter's stepfather, Michael Fisher, was a tackle for the 1961 KU football team, which went to the Bluebonnet Bowl. He is a former correspondent for the Kansas City
from a credit finance company, bank or
credit institution. The ability to pay and
the willingness to pay are essential.
Carpenter was a four gradeer at Kaw Valley Elementary School, where he was transferred from a school in Pittsburgh last year.
Arrangements are pending at Brenner Funeral Home in Pittsburg.
*Very few of them would have very much income to budget a loan. I think they have*
Taking applications throuah March 9
VOLUNTEER CLEARING HOUSE
will hold interviews for 1976-77 staff
positions at the following times:
8 a.m., March 5 and 12:38
o.d. tues., March 9.
If you are an interested, dedicated student who would like to work with a number of area "good-neighbor" agencies, we would like to talk with
Sen. Birch Bayh of Indiana has decided to drop his campaign for the Democratic presidential nomination, a Democratic party source said yesterday.
To schedule an interview at one of the above times, call the VCH office at 844-3869, or drop by the office at 184 RJ Union.
But Bayh was said to be planning no immediate endorsement of any other DDoS tool.
Rayh, a candidate with no way to go but out after his defeat in the Massachusetts presidential primary, conferred with his president yesterday, looking for a graceful way to exit.
"There's no other decision for Bayh to make," a Bayh aide said in Washington.
Bayh drops out of race
14B. Union.
This organization is funded from the student
By the Associated Press
A spokesman said Bayh would make an announcement today in New York.
Sen. Henry M. Jackson of Washington savored his triumph in the Tuesday voting, which put him atop the field with 23 per cent of the vote in a sintered, nine-way contest.
Rep. Morris K. Udall of Arizona was pleased, too, with a second place showing that made him the top man among liberal Democrats.
Udall's task now is to convince liberal Democracies that they ought to gather around his candidacy, and he worked at it by arguing at a New York news conference that he is now the only champion the progressives have.
Sadat told a weekend news conference that there had been three "secret agreements." He said the United States guaranteed that Israel wouldn't attack Syria, pledged to do all it could to see that Israel would not be involved in settlement and vowed to try to bring about another disengagement agreement on the Syrian front.
Mansfield said he thought the panel ought to investigate the matter and the committee staff should "make appropriate inquiries at the State Department."
Sinai secrets denied
WASHINGTON (AP)—Despite White House insistence that "nothing was kept secret" in the Sinai accords, several members of the Senate Foreign Relations Committee said that they knew nothing of agreements with Egyptian President Anwar Sadat.
Ron Nessen, White House press secretary, said, "Nothing was kept secret in the consultations with Congress. Any unrestricted agreements were spelled out in great detail."
Senate Majority Leader Mike Mansfield, D-Mont., a member of the Foreign Relations Committee, said, "We were told there were no secret agreements."
Even with Bay out of the Democratic campaign picture, Udall would have to face two other liberals: former Oklahoma Sen. Fred R. Harris and Sargent Shriver, who ran fifth and sixth in Massachusetts but said they would keep going.
A State Department spokesman said, he was withdrawn and any secret agreements from the state have expired.
For Shriver, particularly, the Massachusetts outcome was a crippling blow. As the brother-in-law of Sen. Edward Lovett, Shriver has advised an advantage, and left as an alan-rae.
Jackson 162,567 – 23 per cent
Udall 129,18 – 14 per cent
Wallace 122,177 – 17 per cent
Rockefeller 106,954 – 14 per
Harris 55,428 – 8 per
Shriver 53,797 – 7 per
Bayh 35,402 – 5 per
McCormack 24,903 – 4 per
Shapp 14,957 – 2 per
McCormack 9,809 – 1 per
These were the final unofficial Massachusetts figures:
DEMOCRATS
Barner 18,582-46 per cent
Shriver 10,898-31 per cent
Harris 5,074-14 per cent
M cornCormack 3,535-9 per
Ford 114,042 -62 per cent
Ragan 62,951 -35 per cent
No Preference 6,009 -3 per cent
The final unofficial vote totals in Vermont
REPUBLICAN
Ford 26,564 -84 per cent
Reagan 4,983 -16 per cent
REPUBLICANS
DEMOCRATS
CUR HERE SEND
Ladies Night - - Wild Weekends - - 15' Beer Night - - Student Night
Lawrence Entertainment Corp.
642 Mass. Lawrence, Kansas
A DISCO THEATER
21 CLUB
MEMBERSHIP APPLICATION
MONEY MONEY
MONEY
Grad Student Organization Budget requests for next year:
Grand Opening March 26, 1976 (10 day waiting period—so apply now!
- Due March 8
Forms available in GSC Office.
less need for it. You're talking about an age bracket that isn't conduct to credit."
Bugsy's
Age...
Telephone...
Signature
...
Date...
.!)
HE SAID THAT students would often apply for loans for such things as furniture or stereo equipment and sometimes for temporary loans for tuition. After applying, he said, the credit bureau is often checked.
Address...
Call 864-4914
"It is necessary to have a central filing system," he said. "Fifty per cent of your credit judgments are based on a credit file. The central part of students don't have a credit file."
Want to give away money?
Volunteer for the GSC
Budget Committee.
Call 864-4914
(The organization partly funded
by the Student Senate)
FEE $10—PAY AT DOOR
"Some of them reach a state of maturity before others do," he said. "They're building their credit background, which will stay with them for the rest of their lives."
Name...
Parents sometimes have an influence on whether a loan is granted, Kucza said, but only if they can provide some kind of support for the student. A student's ability to navy back a loan
Kenn Ragland, president of the University State Bank, 955 Iowa, said that if students 'havent had any credit in their records, it would be very difficult to get a loan.'
Credit cards are also something most students would have a hard time qualifying for, Ragland said. Sometimes a student's parents who bank at University State Bank ask them to recommend approval of their children's applications to such companies. Other banks don't say they have asked said. They usually recommend the approval and the application is approved, he said.
ANYTHING THAT MIGHT be an in-
dictator of a student's means to repay a loan is considered, Ragland said. Although parents may have some bearing on whether a student gets a loan, he said, most loans are made directly to the student for any large purchase, such as an automobile.
Richard Riedel, assistant vice president in charge of the consumer loan department at Douglas County State Bank, 9th and Kentucky, said that some students sought to establish credit by taking out a small loan and then naming it back.
Membership granted
Date...
Membership No...
1.2.1.1.1.1.1
PAKISTAN NIGHT
SUNDAY, MARCH 7TH AT KANSAS UNION
Banquet
5:30-7:30
Cultural Show 7:30-8:30
ADMISSION
Tickets available in Kansas Union on Thursday & Friday, also on Sunday before banquet.
Single *3.50
Couple *5.50
14O1 W. 7th
"THE ENTERTAINMENT
MECRA OF LAWRENCE"
THE STABLES
at
--open mon.-sat. 5:00-1:00 delivery until 12:30
Noon to 6 p.m.
Every Afternoon (Monday-Saturday)
$1.00 Pitchers Are Back . . .
SHAKESPEARES PIZZA "as you like it"
FREE DELIVERY 841-1777
sun. 4:00-12:00 delivery until 11:30
west of the Chi Omega fountain