L. T. OLDS, FISHER: WEDNESDAY, 9th OCTOBER 1963 (Richard C . Hotlelet) WHEAT President Kenned y ended two weeks of speculation tl1is e ening when he a11not1nced that the United States would sell something like fo11r million lfJng tons - that is ab o 11t 150 million bushels - of surplus wheat and wheat flour to the Soviet Union and to Eastern Eurof>e. The President said il was a good deal for this co11ntry - bri,iging as m11ch as two hundred and fifty million dollars worth of gold and ca.all into Uncle Sam's till. It will also take some of the storage costs off the U.S. Treasury - and benefit all tliose wlio grow and move wheat - including U.S. shipping, which will be used to carry the cargoes across the ocean. Mr. Kennedy stressed tliat the wheat - pl11s additiortal feed grain that may follow - will go only to the c om mun is t c o ,,,, tr i es of Euro Pe (it may no t be pass e d WHEAT - 2 011 to Cuba for i11s lane e) . This is a cash sale, al 1 orld Prices a11d will be handled b y private grain dealers. Washington will only grant the esport licenses - and perhaps rub its ha11ds a little as the money rolls in. It will also tell the people of the So t1 iet bloc that much of the bread th . ey ttJill eat in the next year comes to tl1em through the courtesy of the free world. Incidentally, the President said that the Russian gold spent for wheat would not be available to buy strategic materials. DEBT On out landing item has been on Washington books for quite a while - an item that l1as been the Major cause of complaints about e , -cpanding U.S. Soviet trade relatio11s. We claim the Rttssia,r government owes us one and a half billion dollars, which the Soviets ha e ,. ot agreed to pay. According to an accounting supplied by the State Department today - the debts were incurred d11ring "-- world war one, world war two, and thro11gh post world war two lend-lease shipments. Talks aimed at rcachi11g some settlement broke off in 1952 - and another effort i,r 1960 got nowhere. The Russians wanted to tie the settlement to expanded trade and credit• b11t this was refused. INTRODUCTION TO TAPE A,iotller story from Lowell Thomas tonigh . t - about llis 1'ecent isit to South Africa. Lowell . . . . . §QUIB ATB1£A.Ho, 6 (Gold Minina) A • ired W edn••~!l, Oc&,ob11: 7, llU Bello Dick. Good £yenin1, EYer7bod7. A bit ■ore about one ot '111 taYorite aubJecta - 1014 ·- ainin1. B•r• in the TransYaal on the &and, nearly all of the Joba that involve reaponaibilit7, an,- • thiq hav.in1 to 4o with aattera ha1ar4oua, are handled b7 European• of both lan1ua1• 1roup1 - Afrikaner.a, an4 other En1li1h apeakiq people, aD4 10 ■• Germana. Ordinar7 labor, that ia up to the Africana, ••• ri1ht out . of the buah, recruited ■ ainly froa Baautoland; also ••DJ froa Ko1aabiqu1, the big Portqu••• colon7 in South laat Afrioa; u4 aoae fro• Swa1iland, Bechuanalan4 and 10 on. The Afrioana, th• natiY11, uauallJ 1ta7 about a 7ear. Tb• ■ in• aana1•r• ti1ure on a 1001 turnoYer of ■ •1ro 1aplo1•••• annually. ' To keep the ■ troa bein1 robbed b7 1harp1r1, the ooapan7 aen4a aoa• of the paJ back to their ohiefa, aoae to their fa■ il7 and banka, th• reaalndar for th••• The7 are . supplied with all houaiq, food, olotbiq an4 10 on. These workers come from tribes t~at apeak more than 40 different languages. Because ot mutual problems ot safety in the ainea they have to have a common languaae. For thia a new pi41in lan1uage has been created called Fanakalo. Blaota and lhitea alike auat learn .it. The aanager of the cy,anide aill where 1 waa to4a7, the one oalled teat Levela, took•• to a rooa where the7 had their gold b~r•. Bara poure4 reoenti,. There apread out before ae were 41 1•llow bara, each weighing 80 pounda, each worth 112,000 -- one and a halt aillion dollar, in all-• the output ot th• aine tor 14 daya. And the7 ue not 7et runnin1 at anythin1 like full capacit7. Be aaid tbe7 uauall7 told a viaitor that it he could ·11tt one ot tho•• 1014 bara •1th one band he could have it. The en1ineera who were with bl■ tried and failed. l tried, and didn't ■ ate it. But he aaid that one da7 an Aaerican &irl paid thea a viait and with one hand, thia Kiaa A ■ erica picked up on• ot thea! Whereupon they checked and found that she waa an Olyapic athlete, who had worked all her life with weight,. lf you ever have a chance to coae to South Africa be sure and aake a viait to the Rand, where there ia more gold than at fort Inox or anywhere in all the world, and where you can have a go14 bar worth 512,000 - if you can pick it up with one hand! 1 don't auarantee that. i don't know tor aure that the airl 1 aentioned took on• hoae in ber haa4baa. So Lona. HURRICANE Hurricane Flora, noao racing tlirouglr tire Nortla AllaJ11ic, llas baffled and a.,ed .,eallaer scie,atlsta. Most A.,esome Flora produced tl,e atro,.geat s,utal,a•d aoinds ever recorded - 140 miles a11 l,our. Most b•ffll•g - llie •a:v Flora practically stood still dMriflg a fo•r-day period a,ad ai,,.ed blo•s at C•ba - •lllio•I losi,eg leer l•complete statistics fro• Belli a,ad C•ba speall for Flora's deadll•e••. All of Ill••• tl,l•g• •ay co•bi,al to P•I Flora o• record a• tit• biggest I rot,ical • tor,,. - to Ila le - of tl,e 20111 ce,et•ry. WEST GERMANY In 1949 West Germany was still pa,lll,eg itself out from under the blot left o,e it by Adolf Hiller a,ed Naaism. The allied occ•Patio,e was hi full force, IAe economy was not good, and West Ger,na,ey politics ••• Just about as dead as world war two. In tl,at year, Ko11rad Ade•a•er became Germany'• first post-•ar clla•cellor, a,ed lie llas re•aifted Ille leader tllroa,gll 14 years of crisea, large ••d small. Today, "Der All•" presided over Ills last Cabi•el seaslo• ,,. Bo••· II ••• Ila e 1001• s i11c e lie too/t of/lee. Wlle,e Ille cab,,.. I "'•• I• 1,ave succeeded Ad••a•er. Next Tuesday, tl,e 15111, is tl,e day tl,e Cl,a,ecellor officially stet,• do•"· (After tl,e Cabl•et meetiftg tllis mor,el,eg, lte fie• to Berli• • a c Uy close to 1,is lieart • for a brief official far•••ll visit.) WEST GERMANY In 1949 West Germany was still 1>ullh1g Us elf oa,t fro• 1u1der the blot left 011 it by Adolf Bitler a,ad Ra• Ism. TIie allied occuf>ation was ht full force, Ille eco110My was not good, and West Germa,ay politics wa• just about as dead as world war two. In tllat year, Ko11rad Ade•a•er beca•e Ger•a•y '• first t,ost-war clla11c ell or, a11d lie llas remal11ed ,,.e leader lllro■ glt J 4 ye•r• of crl•••• large a,ul s•all. Today, "Der All•" lie 100ll •i11ce le loolt office. WI•• lie cabl••I •••t• •6•1• 11exl .,.,, Bco•o•lcB . Ml•I• ter L•d•lg Brlard •ill lave s11cceeded Ade•a•er. Next f'•e•day, lie 15111, Is lie day tie Clta,rcell or officially s tet,s dow,.. (After lie Cabh1et meetl11g ttis ,,.or,al,ag, le flew to Berli,. • a city close to Ill• llearl - for a brief official fare••ll .,,.,,.) EARTH A s ci enti f ic revelation today. WE'RE LA TE - every last one o f 11s. Scientists annou11ce tllal llee earll, is 110w rotati1tg on its axis as a slower sr,eed - a,ad we laave lost one tentll of a second. TIie clla1tge t ok place some time betwee,e April 1962 a11d Octobe-r of tllis year. It 111as discovered by atomic clocks , wlaiclt ltave proved •ore reliable tlta11 tlte sun. No o,ee is really certal• •lty tl,is occurs. o,.e tl,eory is ,,,at variatlo11s ;,. ti• actio,e of tlee milter, core of tlle eartle ,·ause the differe•ce i,e •t,eed. A•y•ay witll tit• flicll of a swllclt 11,e U.S. Naval Obaervalorv will correct lite differe•c• al aero lto•rs, U•iversal time, No v ember 1st - wliclt is 1 t,. m. EST, October 31st. Tlrat 011e-te11th of a ••co•d seems to be lost for at least a llttle •leile. It'• not really sometltirtg to be alarmed aboNI - tltis slo,o;,eg ;,. speed of Ille ear tit llas 1,appened ma,ey time•, a,ed it always seems to get back to ,eormal sooner or later. LTP.1963.10.09.pdf LTP.1963.10.09ii.pdf