Class studies press, campus conflict
A speech class constructed primarily for foreign students is conducting a survey about the influence the press had on the recent disturbances at the University of Kansas. The section of Speech 1b taught by Mrs. Nobleza Lande, assistant professor of speech and communications, is focusing on three specific areas of research.
Purchasing securities made easier
WASHINGTON (UPI) — The government is making it easier to buy securities on credit in an effort to shore up the stock market and prevent Wall Street from sucking the nation into a major recession.
"They must be worried over what the drop in the stock market is doing to business sentiment," one government economist said in analyzing the Federal Reserve Board's decision Tuesday to cut the stock margin requirement from 80 per cent to 65 per cent.
The margin requirement is the cash down payment required to purchase stock on credit.
To buy stocks on the margin, which began Wednesday a purchaser must put up 65 per cent of the price in cash. He may obtain a loan from his broker or a bank to finance the other 35 per cent. Usually, the stock certificates are used as collateral for the loan.
If the value of the stock falls to the outstanding amount of the loan, the broker or banker may sell off the stock to satisfy the loan. A low margin requirement can help foil a crash by encouraging brokers to "sell out" customers who might prefer to hold onto the securities. But government sources said they do not expect a drop that would produce "margin calls" even at the new rate.
The Federal Reserve's move, which took effect Wednesday, reduces the down payment required for a stock purchase to the lowest point in 6½ years.
14 KANSAN May 7 1970
"A lot of the emphasis is on how foreign students react to the press in the United States in covering these events," Mrs. Lande said. "The class is composed of about nine foreign students and ten Americans."
She said the areas which the
students are researching are student organizations on campus and their influence on the disturbances, aspects of the disturbances which could be traced to whiteblack conflict and the effects of the media on the disturbances, both local and nationally. She said that the media group is investigating whether or not anything publicized by the press had a precipatory influence on happenings such as the Abbie Hoffman speech at KU and the student strike of April 8.
One student in her class, an
American, said that the basic idea was sort of a "problem-solving" concept. She said she was asking questions about the Kansas Union fire, what was printed in the Lawrence Journal World and articles printed in Time magazine and Newsweek magazine.
said it was probably not just a way for him to avoid "pointing the finger at someone" until the fire could be thoroughly investigated, but a sincere attempt to evaluate the situation.
A student, Harriette Horner, Plainville freshman, said she was also asking questions concerning the statement made by KU Chancellor E. Laurence Chalmers Jr. about the cause of the Kansas Union fire. Miss Horner said one of the students she interviewed
Discussions will be held in the class to reveal findings in their specific areas, Mrs. Lande said. The research on the possibility of a black-white conflict is to be given today and discussions about the effects of the mass media and relation of various campus organizations to the disturbances will be held Tuesday.
H. Rap Brown added to FBI list
WASHINGTON (UPI)—For the third time in 10 years, the FBI Wednesday expanded its most wanted list from 10 to 11—adding H. Rap Brown, the fugitive black power militant.
Brown failed to appear at his trial Monday in Ellicott City, Md..
Senate measure to aid passenger rail service
WASHINGTON (UPI) — The Senate voted 78 to 3 Wednesday to turn over the nation's passenger trains to a government-sponsored corporation dedicated to restoring first-class rail service.
The measure, sent to the House with the endorsement of the administration and the Interstate Commerce Commission, had the support of the Association of American Railroads, whose members have long wanted to drop their passenger business.
Sen. Vanee Hartke, D-Ind., said the measure would help restore passenger trains to some semblance of their once proud position, offering an alternative to crowded highways.
The bill would authorize $40 million in federal funds to get the corporation started, and another $75 million in loans or loan guarantees.
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to face charges stemming from a riot in Cambridge, Md., in 1967.
The last time the FBI enlarged the list was in the case of James Earl Ray, sought for the assassination of Martin Luther King in 1968. The other incident involved Richard Laurence Marquette, charged with butchering a woman in Portland, Ore., in 1961, and throwing her dismembered body into a river.
Brown's $10,000 bond was revoked and a federal fugitive warrant was issued for his arrest after he failed to appear at his trial in Howard County Court. He is charged with making speeches that precipitated rioting and arson at Cambridge.
bert Geroid Brown, is scheduled to go on trial in New Orleans June 15 on charges of assaulting a federal officer in 1968.
Brown has not been seen since March 7 when he reportedly left New York City for Bel Air, Md. The trial had been set for Bel Air but was later moved to Ellicott City.
The FBI said Brown, 26-year-old chairman of the Student National Coordinating Committee (SNCC), should be considered armed and dangerous.
Brown is free on bond, pending appeal of a 1968 conviction in New
Orleans for violating the federal firearms act, for which he was sentenced to five years in prison and fined $2,000. He also has been convicted of carrying a concealed weapon and of carrying pistols in an automobile without a permit.
Brown's attorney, William M. Kunstlster, has said he believes Brown is alive, but he has not heard from him since March 7.
Brown, whose real name is Hu-
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