ECONOMY October 20, l97l Allen Jacltson The Senate Finance Committee voted a(Jt,roval today of a plan that would give every taxt,ayer a small reduction in i11come taxes this year by increasing tlae personal exe,n(Jtlon by t,oen ty -Jive-dollars to six -liundred-s e ve,r ty -five-dollars. And, many of tlte nation's largest ba11lts - led by Morga,i Guaranty Trus I of New York - today red•c,d 11,e t,ri•e i,aterest rate claarged for commercial loans. TIie move could aid big bu•iness to expa,id buildi,rgs and equipme,rt - tlaereby red11cing unemploymertl - a11d llelf)ing Preside11t Nixo,r's ,ae111 econo,n ic policies - accordi11g to tlaose wlto favor Ila• lower (Jrime rate. . ' ANTI-WAR Tice Senate Foreign Relations Committee today ar,t,roved a new 1>ro1>osal wltich - if ado~ted - would llasten Ue witltdrawal of America,a troot,s from Viehuun. , Lt says J,,r,ds fo · r tire Viehsam War must be used /or one t,urt,ose alo,c• - t1tat of toitltdra.,i,ag tlte troot,s. Tice prol)ot1al - · atlua,acetl by Ser1ators Cooper of Ke,atuclry a,atl Clturcl, of ltlalao - •a• atl.tletl to tl,e foreig,a aid bill 1111ticlt 110., goes to tire Se11ate floor . . KOSYGIN Soviel Premier Kosygin - answerin . g questions by a Canadian f>arliame11tary committee - s · toutly defe11ded tire Sovie, governme11t's treatment of tire .Tews. He claimed also tltat muclt of Russia's problems in tlaat regard are caused by wla t he termed - "a few malconte11ts." Kosygin - currently 011 a11 official visit to Canada - said Ru.ssia leas NO policy agai11a, tl1e emigYation of Je11Js to Israel - but tlae Soviet gover,eme,al is ltesita,at about supplying able-bodies me,a to /iglat i,a Israel's army - especially men 11Jlto 1tad Yeceived comp,.lsory military traini,ag in tl,e Soviet U1tion. J,a Was,, ington, officials of tire Soviet Em bossy say tlley are negotiating will, private owners forrlle purcltase of twenty-eiglat acres of la11d along Ille Potomac RiveY - 11ear Mount Vernon - George Wasl,i11gto11's ancestral laome. Tirey want to use tire land as a recYeation.al area Joy embassy officials and employees - similar to one used by American embassy employees _ near Moscow. The State DePaYtment, KOSYGIN - 2 1,owever, is reported to have serious reservatio,as about allowi,eg tlle Russians to purchase la,ad amidst such laistoric Amerlca,a surro1111di,r.gs. - orrAWA A footnote - in a later Ottawa neao co11ference - Kosygin welcomed President Nixon's Jortltcomt,,g visits to MoscollJ a,rd Peking - saying - lie ltot,e• these rou,ads of tal•• _ ,,. tlae big two conamunist capitals - 11Jill lead to a,r easi,ag of i,ate-r,eatlo11al te,es io,es . DETROIT A fed e r al gr a" d ju r y in De tr o it ha,, de d down i,, di c t me,.,. in connection with the bombing of ten school buses in Pontiac, Michigan - at the start of this school year. Named in tlae indictments - the former grand d't'agon of tlte MiclligaJt K11 Klux ,. Klan - and four of lais associates - all charged witlt~amo,r,g other tirings - conspiracy - to ,,,timidate black students ,,. tla• exercise of their colfllitu.tio11al rigltt to atte,ad Po11tiac P•bllc school. This count alo11e could get tlae Jive - te11 years 111 Jail a11d a /Irie of te11-thousa11,d dollars - each . ASIA The U-N General Assembly debate on China is nearing th e h a l f w a Y m a r k - w i th th E fin a l o u t c om e s t i l l in d ou b t still too close to call. France a,id most Sca,adinavia,i co11nh"ies are backing the Albanian resolution to give tl&e Pelting government full membership in tlae U-N - a,ad oust tlae Na lional is t Cla it, es e government of Taiwan. Tl& ey ot,t,o•e tie U-S resolution wlaicla would gra,at memberslaip to Red Clli,aa - wlaile allowi,ag Taiwart to retai,a its seat also. Presidential adviser Henry Kissinger laas Of'f'ived ,,. Pelli,ag - to begi,a four days of talks witll official• and mall• ar,-ange,ne,rts for Pf'esident Nixo11's fortlacomi,ag vi•it wlalcla may occur befof'e Ja,auary Ft,-st, Kissi,ager is accompa,aied by tlaif'teen staff aides on tlais - lats seco,ad trip - to Pelti,ag. For tlae fourtlt straigltt day, viole,ace h1 Satgo,a - 1Ditl1 S011tla Vietnamese students b11f'ning a U-S Army bus in protest against Pf'esident Thieu's inaug,ation - sclaeduled for October TI, i r t y - F; rs t . M O re v i o l e n c e is Ire a t e n e d for to ,,a o r r o w • Northwest of sa . igon, about two-tlaousand-five-ltundred Soutlr ... ASIA - 2 Viet11amese troops ad v anced into the Krek Rubber Plantation - pursuing a Nortlr Vietnamese regiment inside tire Cambodian borde'f'. Ame'f'Scan ar.tillery and bombin . g plaJtes supported tire 4-rive wlaich . , first reports say, met NO resista,ace . 111 Cambodia's capital of Plrnom Pe,eh, Prhrte Mirtisl•r Lo• Nol issued a proclamatio,s - calli,ag democracy artd /r•dmta "a/NIU• game lo play" in •art:in,e. Hertceforllr, lie said, lais gover,eme11t •ill -rule Cambodia by decree - "irt order to aclrte11e ev•f . a,al victory over tlae Commurtists." TAPE INTRO And now, time to #sear from Lowell Thomas again - . ~r as lie tells us about two fa~ul_2us voyages acrosa;(Atla,atic. Lowell. .. Tape Ru,as: l:lB Outcue : So Lo,ag L. T. tape insert - unedited RA The ,iame Thor Heyerdahl - if not a ho11S ehold word is surely a 11ame known to millions. Thor Heyerdahl - the man who drifted across the Pacific in a balsam raft ; who later told of his ad v entures - in the best-selling "Kon-Tiki. laj And now - he's done it agai,i. Thor Heyerdahl's ,iewest book - "The Ra Expedition" - a thrilling account of the voyage of the Ra-One and tlae Ra- Two across the Atlantic. Remember? Those two papyrus boats that he built - to prove that the Egyptians could laave sailed to the new world some five thousand years ago? Well, it took him two tries - b"t he did it fi,eally. The lessons learned from Ra One - paving the way for tlae success of Ra-Two; and the winning of that victory - every bit as exciting as the voyage of the "Kon-Tiki." You don't ha ve to take only my say-so. In the word• · of the New York Times, "The Ra Expeditions" by Thor Heyerdahl _ "a superb adventure book abo"I a superb adventure." NOBEL West German Chancellor Willy Brandt today was named ,oinner of the Nine,een-Seventy-One Nobel Peace Prize • generally regarded as the world's highest lsumanitarian award. In citing the fifty-seven-year-old chancellor's achievements, t#te five-member Nobel Prize committee said he had "created the t,reconditions for peace in Europe - strengthening tlae possibilities for peaceful development there, aP'd in Ille .,laole world." Political observers in Bonn say the award also t,rovid es a s tt"ong moral boost for Brandt's con tro vers ia l new eastern policy - calling for better relations wi, tile Communist bloc nations. Now for Lowell - so long until tomorrow.