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About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (Jan. 18, 1968)
Johnson Notes Nation's Challenges ( Continued frow page 1) level outside of mandatory in creases. He said the budget accurately covers all federal ex penditures and receipts. Under the new budget the ex penditures will increase by $10.4 billion and receipts will increase by $22.3 billion, including the new tax revenues. A breakdown of the $10 bil lion showed: • S3 billion for defense ef forts. • Almost $1 billion for lor interest. • $4.5 billion for mandatory payments under laws passed by Congress such as Social Secur ity and Medicare. • $1.6 billion for pay in creases for military and civilian personnel which Congress pass ed. Total expenditures approxi mate S186 billion and total esti mated revenues including the tax bill are roughly $178 billion. If Congress passes the tax bill, Johnson said the budget deficit can be reduced by $12 billion (from $20 billion to to S8 billion). The war. he said, is costing about $25 billion. Johnson stressed that the tax increase would cost the average individual about a penny out of each dollar's income. •‘This must be a temporary measure which expires in two years,” he said. "Congress can repeal it sooner if the need has passed, but Congress can never repeal inflation.” He called for leaders of Am erican business and labor to act responsibly to keep increases in line with productivity. "I wish with all of my heart that the expenditures that are necessary to build and to pro tect our power could all be de voted to the programs of peace. But until world conditions per mit and until peace is assured. America's might and America’s bravest sons who wear our na tion's uniform, must continue to stand guard for all of us as they gallantly do tonight in Viet nam and other places in the world,” the President said. “Vet neither great weapons nor individual courage can pro vide the conditions for peace. For two decades America has committed itself against the ty ranny of want and ignorance in the world that threatens the peace. We shall sustain that commitment." Another major point on the international scene dealt with nuclear disarmament. Johnson told the assembly he is encour aged to believe that a nuclear Blood Bank The Lane Memorial Blood Bank needs the following types of blood for its special account which serves the faculty, students, and staff of the University. Donor hours are 1:30 to 4:00 p.m. Monday, Tuesday, and Thursday, and by appointment from 3 to 7 p.m. Fri day. The Blood Bank is located at 740 E. 13th. Units Needed 6 3 5 2 2 Type A Positive A Negative O Positive O Negative B Positive AB Positive Oregon Daily Emerald The Oregon Daily Emerald is pub lished Monday thru Friday, Septem ber to May, except during exam and vacation periods. Bi-weekly June thru the first week of August, once a week the last three weeks of August, by the Publications Board of the University of Oregon. Second-class postage paid at Eu gene, Oregon 97403. Subscription rates $8 per year, $3 per term. PATRONIZE YOUR ADVERTISERS Vital Food Shop 1079 Oak Street Vitamins — Health Foods Mus-L-On Macrobiotic Food Herb Tea Books 11 th & Oak ban treaty draft ean be laid l)efore the Geneva Conference in the near future. He based this feeling on com munications received this aft ernoon from Ambassador Fish er in Geneva and added he is hopeful of being able to for ward such a treaty to Congress this year for its approval. Johnson commented on his meeting last year with Russian Chairman Kosygin saying that if the two didn't reach accord at least a clearer understanding of respective positions was gain ed. "Serious differences still re main between us, (the U.S. and Russia), yet in these relations we have made some progress since Vienna and the Berlin Wall and the Cuban missile crises. But despite this progress we must maintain a military force that is capable of detering any threat to this nation’s security whatever the mode of aggres sion. Our choice must not be confined to total war or total ac quiessance," Johnson said. "We do have such a military force today, and we shall main tain it.” Other highlights of John Meeting Slated A critique session for Emer ald photographers will be held at 5 p.m. in 301 Allen Hall. At tendance is optional. son's speech Included restating his call to reduce the nation's balance of payment deficit. He asked Congress to help in car rying out those parts of the program that require legisla tion. "We must restore equilibrium to our balance of payments, and we must also strengthen the in ternational monetary system.'' the President said. "We have assured the world that America’s full gold stock stands behind our commitment to maintain the price of gold at $35 an ounce. And we must back up this commitment by legislating now to free our gold reserve." Johnson closed his speech on a unifying note by calling for candidates for public office not to use the questions he had raised for "narrow partisan ora tory.” "They (the questions) no to the heart of what we Americans are all about, all of us. Demo crats and Republicans." He said he hopes debates on the policies would reflect the seriousness and gravity of the policies themselves. Johnson said many of the goals he spoke about can be achieved this year and looked to the nation's 200th birthday say ing "The state of our union will be much stronger eight years from now ... if we re solve to reach these goals now. "And they are more impor tant, much more important than (he identity of the President who will then he in office These Konls are what the llRhtinfi and our alliances are really meant to protect "Can wt* achieve these goals, of course we can, if we will. "If ever there was a people wlu> sought more than mere abundance it is our people ••If over there was a nation capable of solving Its problems it is this nation, "II ever there wore a time to know the pride and the ex citement und the hope of be ing an American it is this time. "So this, my friends, is the stati- of the union Seeking, building, tested many times ibis past year and ulways equal to the test," Johnson concluded. ASK HERMAN ABOUT MIKE . . . Why Tho UNISPHERE* I* The Official Microphone Of Herman'* Hermits On Tour Herman know*, his micro phone is his link with hn audience He wants you to hear his voice and the lyr Ice. naturally, without howling feedback, without annoying closo up breath "pop", without audience sounds. Pretty tough test tor a microphone . . . rou Ime tor the Incomparable Shura Unisphere. Just ask the better groups. Shure Biothers. Inc. 22? Martrey Avc Evanston, III 60204 lte>‘ <a BtoU+tt. JHISJSOURJ^ P>«Y ICC Craven euj£ CHOCCLArE kV k~LlP COHEIR Biro " and
