The Hereford Brand (Hereford, Tex.), Vol. 87, No. 80, Ed. 1 Sunday, October 25, 1987 Page: 2 of 24
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Based on SMU professor's book
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Stock market plunge 'nothing
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Vana named as
honorary T-E-X-A-N
4*.
ANNA DWYER
“I wanted to see what she looks like
Panhandle legislators
support Proposition 19
Obituaries
for his ongoing work an behalf of the ckib
IIIIIUIIIIIIIIIHHIIIIIIIIIIIIHHH
A
one of three boys responsible for the
had become scared and told her what
Wbeks
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1
will help build the Texas economy
and create jobs, as well as laying the
stepping stones for progress in the
21st century.
A woman in the 200 block of Ave
C reported that two boys
said.
Rep Waterfield emphasized that
in a
Republican Representatives John
Smithee and Chip Staniswalis. both
of Amarillo, as well as Ihck Water-
field of Canadian, are supporting
Proposition 19. along with Democrat
In 1987, it is all being dedicated to
Young Jim Paviicek
DOROTHY DRYE
Oct 23, 1987
SARAH ANNE CURE
Oct 24. 1987
of photographers
As he helped a fnend dimb into the
basket of a shopping cart to get a
better view. Glenn Stanley said came
to take gander at Ms White.
a
to
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John Rronila
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compared to what lies ahead'
./ iM
Harley Dmiel, left. Hereford Noon Kiwwua Club
president, awarded Bub Sparta with the Kiwanian of
!■
I
• J
A woman reported that two tires
on a car her
daughter had driven to HHS At
Sparks
honored Month Award recently Sparta received the honor
thousand fans.
Indoors, state Rep Hugh Shine (R-
Temple) presented Ms. White with
an honorary Texas citizenship on
behalf of Gov. Bill Clements. Not to
be outdone. Mike Warren, manner m person, and she looks just like she
Connecticut woman's art
at Cowgirl Hall of Fame
Anna Dwyer of Fklrfieid, Conn
is the feature artist for October at the
National Cowgirl Hall of Fame and
Western Heritage Center, SIS Ave.
B
Dwyer, a self-taught artist from a
rand. in northeastern Montana,
captures the action of rand, life, fast
paced rodeo events, polo games and
diildren in a variety of mediums,
sculpture, oils, watercolors and
pastel Her bronzes and paintings
are shown throughout the United
States and are in private collections
tn Europe and Canada
"Die artist received
“I see her on TV. and I just wanted
to see how she looks in person." i
Stanley said. "I think she's pretty
1967 as a helicopter pilot.
He was shot down, killed in action,
on Nov. 3, 1967, the first Hereford
man killed in Viet Nam.
Young Jim, according to his
friends, was just a “
A, No. 1 with a gold star type of
la
at H.E.B., presented her with a
Texas flag and a bouquet of yellow
roses.
Wearing red shoes, a red ruffled
dress and diamond earrings. Ms.
W hite told the crowd that she had
been signing autographs on
Sculpture at the Pacific Northwest
Art Show in Spokane W ash and also
at the oakroom Exhibition m
Connecticut. She has exhibited with
the Northwest Rendezvous Group ar
a guest artist and for many years has
beer, diusen to participate in the
C M Russell Art Shoa and Auction
in Montana
Dwyer has Just been anepted as a
member of the Connecticut W ater
Color Society and has been an active
member of the Connecticut Claaaw
Arts group in her area, a past-
president and now editor of their
monthly newsletter
The Hereford Brand
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He says m his book. 1 «n pertuqx
the only foreraster m history who
Panhandle legislators have an-
nounced that they are supporting
Proposition 19 to win the 84 4 billion
Super Collider project for Texas
The five state representatives, a bi-
partisan group of Republicans and Representatives Foster Whaley of
Democrats, said the Super Collider Pampa and Pete Uney of Hale
Center.
"This can't be anything but a great
economic boon for Texas, and for the
Texas Panhandle," said Rep
Whaley "I'm behind it 100 percent "
Smithee said Proposition 19 is
crucial to bringing the Super collider
DALLAS (AP) - Dr. Ravi Batra,
who authored a best-selling book
called “The Great Depression of
1990," says last week's stock market
convulsions are nothing compared to
what lies ahead.
The crash of the U.S. stock market
and the worldwide turmoil have
brought Batra's alarming forecasts
into sharper focus and resulted in a
flurry of speeches and interviews,
including an appearance on ABC-
TV’s "Donahue."
The best-seller by Batra, an
economics professor at Southern
Methodist University, paints a
picture of widespread unem-
ployment, deflation, stock market
crashes and bank failures beginning
worldwide in 1990 and lasting six to
eightyears
“I got so many calls Monday after
the Dow Jones Index of industrial
stocks fell 508 points), and I told
them this is just a mild foretaste of
things to come,” he said The wild
swings we saw on Black Monday are
like storm warnings of the coming
hurricane ”
W hile most mainstream economists
attest to the overall health of the U.S
economy. Batra says too few people
have too much of the wealth,
condition that can only lead
disaster
What he calls "the worst economic
crisis in history will be far nave
devastating than that of the 1930s.
beginning late m 1989 with a freefall
of the dollar and rapid nse of the yen
"That will send panic waves in
Japan, leading to a stock market
crash there. " he said From there it
wiD be just a matter of weeks tiefare
the crash spreads to all over the
world "
Batra predicts there will be two
more "mini-crashes," similar to
Monday's stock market collapse
before the big one of 1990 And m the
coming months, he said, you will
see the governments of Anrrlca.
lemwiy and Japan gettmg together
to chalk out some kind of ooordrnated
policy to lower interest rates That
will calm market fears "
Then the market will retain shoot
upward, forming what Batra oils a
speculative bubble
Reactions to Batra s
forecasts vary Following two of the
nreny speeches he has given since
the book's publication eariier this
year teanaters in ftamsyhreiia gave
a standing ovation. while
businessmen in Texas coughed
nervously or dismiaaed his idea
entirely Among those at one of hia
Ikdlas gatherings were the Hunt
brothers
But
1990" has been on the New Yurt
Tines bestseller list since early July,
reaching as high as No. 3. and has
garnered its author coverage m
alnsist every n«)or publiiaticx. and
re>pearances on television and radio
The book's success has spurred recent rollercoaster ride people
almost t the same time, the mother of Student
*** F total i*i aaawx
typed this column Friday art cafled police. teDlng them her son of S/x
n ikto MBflt -_____ a . .. .
* - - -------- _ __ ■ — W -^ta ■■ —■ Ttatatatotato
We had to finish our done
10 citations were issued Friday by
Hereford poBce
check out how good this place in
“ 7j was.
He went to work as a student
re alii ter for Notre Deme.
He had a pretty good influence on
others, talking up the university
The people of Notre Dame have
remembered.
Homecoming at Notre Dame is
something special. It’s not just
homecoming for the ex-students of
that particular school, but it’s a
Kristina Keri was named as the Hereford Noon
Ktwwils Club's Student of the Six Weeks during the
dub's regular noon meeting thursday at the Hereford
Community Center Kerr, pictured with Kiwanian
Mickey Wilson, was recognized for her active par-
ticipation as Scat, Hereford's mascot, a member of the
National Honor Sodety. lieutenant governor of the
Hereford Keywanettes, and many other activities
2A-nie Hereford Brand, Sunday, October 25, 1987
LPageTwo
| ^bbling'Brooks
By JOHN BROOKS
Managing Editor
“Cheer, cheer for old Notre
Dame!”
Homecoming, 1987, will be special
for the Jim Paviicek family of
Hereford.
Their son, Jim, was the first
Hereford High School graduate to
attend and graduate from The
Arrangements were by Rut ftineral
Diredors
•She nxivrd to Hereford from
Causey, N M 30 yeirs ago She wai
a hairdresser and a rnenher of the
Seventh Day Ad ven tut Church
Survivors include a daughter. M r»
E.Y Crow of Inuiaiana. and two
brothers. Jack of Hereford and John
of Austin
A
I ■ I...
*
k -
Sarah Anne Wybe Clark. 51, of
lubtxxk. died Saturday
Services will be held Sunday at
2 30 p m in Rose Chapel at Gilhlwid
Watson Funeral Home in Hereford
with Harold Clark of Dumas of-
Relating Burial will follow in
Kestiawn Meimnal Park
She was bom Oct 18. 1936 m
Slaton and married Joe Frank Clark
on Jan I, 1957 in lubbock She wm
a long-time Hereford resident and
operated Flowers West She moved
to Amarillo from Hereford in 1978,
and moved to lubbock tn 1985
Survivors include her husband;
two sons. Brad of San Antonio and
Mike of lubbock, a duaghter, Cindy
Coobey of Bryan. her mother, Helen
Wylie of Albuquerque, N.M.; a
brother. James of Flagstaff. Arts.; a
sister, Gwen Far! of Albuquerque,
and one grandson
BULL iiiiiiiiiiiiiiwiiiiinmiimmiiminii
We were out of town on a short to the state since Texas is competing
vacation trip Monday through with 24 other states for the project
Wednesday Sure enough, the main "I think it is absolutely esential that
typesetting machine broke down we show our strong support for this
Monday afternoon The old back-up amendment, because it will show the
machine waa cranked up and spit out Federal government that we support
copyrat one-third the pace of the the SSC project and are willing to put
newer machine > until Tuesday our money behind it,” Rep Smithee
morning. Then it quit working.
Needless to say. Tuesday and
Wednesday were hectic days. Part of the projects will help Texas
our type was produced at Amarillo number of different ways.
College on W ednesday, because they
have a similar computer typesetter.
Dorothy Drye, 61, of Hereford,
died Friday after a lengthy illness
Graveside services were held
Saturday at West Park Cenwtery
with Bob Wear officiating.
hardly hold my right hand up," she the stores, the grocery chain also
said, flashing a smile toward a group wanted to tie her appearance in with
a charitable cause
Fans got the chance to have photos
taken with the famous letter-turner
for a donation to the American
Cancer Society
and Thursday we set our type at the POLICE
Ink Spot Printing Shop. Thursday
rftemoon, we managed to get the her pulling her hair and scratdung
backup machine working, and a her face
replacement part was flown into Hie woman, however, dedined to
Amarillo for the main computer. The file charges
technician got us back in business
about noon Friday v reported that two boys were
The Brand staff did a good job shooting a B.B. gun in a back yard
getting the paper out for three days Officers located the boys and nwle
under the circumstances Some of them stop.
our reporters had to get accustomed Charges were filed by a woman
to using an ordinary typewriter against her husband, who she sadid
again, rather than using a computer had threatened her.
terminal Wednesday’s paper was a
little laie off the press, but we hope had been slashed
things are now back to normal!
(Horsefeathere!! About two hours
after I
afternoon, the madiine went out
«aki F ‘
typesetting on the backup unit Friday
night and Saturday!)
After a flood of letters from readers
expressing concern about the current
state of the economy, Batra this
month launched “a grass roots
movement to cure our economy"
called Stop Another Depression
(SAD). Brochures printed by Batra
urge citizens to write legislators and
form groups to "get the word out
that another depression is coming ''
The economist, who devotes a
chapter to policy changes that he
claims can thwart a depression, also
will appear before a Senate sub-
committee next month to discuss his
ideas.
To prove his theories. Batra draws
parallels between events in the 1920s
leading up to the depression and
current economic conditions For
instance, he points out that inflauon
fell sharply both in 1922 and 1982,
and both 1926 and 1986 saw declines
in unemployment and tax reforms
that cut rates for the pour and hiked
business taxes
The book tells readers they will
need at least 111,000 to subsist
without employment during the
depression and offers other in-
vestment advice Batra. who rents a
condonxnium, says get out of real
estate entirely and consider selling
your home before the end of 1989
If the stock market crashes in late
1989 — a sure sign of an unnment
depression says Batra those who
want to survive should cash in IRAs
and Keogh plans and buy gold wins,
his book ad vise
Batra predicts banks in the !990s
will be shaky. so all noney should be
ron verted to cash and precious
metals, part of which should be kept
at home and part in a sWety deposit
box
In explaining his thrones Hatra
takes on an alnavst mystic tone, but
ciaims he's no Jerenstft
He described hmiaeif as a neo-
lassie ecunonut until 1976 The
articles 1 was wetting had absolutely
no siAiai value, he said As far *
society was roncemed. they were
worthless
He began reading historians such *
Arnold Toynbee and Oswald
Spengler but found a mentor in P R
'vartar a hugely unknown Indio
fearful philosopher whose wnttogs laid out a
theory of vsial cydes heiunaung
history
Sarkar heads an Indian sect <alled
the fkth of HUas whuae folk>wers
have beer, known to take pur-, r.
tizarre rites suit as danrtng with
human skulls
Batra wrote books and <rtaje»
explaining his theories and
rorately predicted such, tilings a a
The Great Depression of reewd-breakmg nse m the stock
n«rket but nobody was listening
"It was frustrating berause I
wanted to stc^i the depression and
wake up the country before it was too
late. Hatra said
Now. thanks to the stock rrarket s
- o-f «V
Hatra. 44. to begin a second book listening and that, says Hatra. is the
which elaborates on his first effort <nly way to avoid 1990 s eatatrophe
with what he says is additional advice Hr tn his book, lam perh^x
on h how individuals <xr protect
themselves and pobey changes that fervently hopes that hu prophecies
on avert the cniu turn out to be totally wrong ’
AUSTIN (AP) — Can you spell T-E-
X-A-S? “Wheel of Fortune" letter-
turner Vanna White can.
Ms. White became an honorary attractive. I don’t think it’s fair that
Texan Friday at the H.E.B. grocery people say she’s stupid or bonng
store in south Austin, applauded by a That’s just their opinions. ’’
As H.E.B. cashiers checked out '
groceries, hordes of shoppers
checked out the game-show star
"Best in
looks on TV," game show fan Thera
Mason told the Austin American-
State sman. "She looks just like the
gri next door She's an attractive
girl but she's not beautiful. She
doesn’t have a peaches ’n’ cream
the complexion, and she doesn’t have
plane as she traveled to Austin from peariy white teeth.”
Tanpa, Fla., where the "Wheel of Warren, the manager, said that
Fortune" entourage had been although his company brought Vanna
conducting a contestant search to Austin primarily to prorate a
“I have been signing so many "Wheel o of Fortune” game
autographs on the plane that I can currently being conducted through
He was a good fellow for Notre
Dame, too.
He talked so much about how good
Notre Dame was that his com-
manding officer, once hia tour of duty
was through, deckled he was going
to stay in the service, but instead go
University of Notre Dame-the home South Bend, Indiana really
of the Golden Dome, the place where
they really did Win One for the
Gipper, not just a premier Catholic
school but one of the top universities
in the United States.
Young Jim then received his
commission in the U.S. Army.
The sumner of 1965 was not a real
good time to be receiving com-
missions in the armed forces. _ r ,
ln^n wen* l° viet Nam in January, celebration for many of the nation's
Catholics. That, of course, takes in a
lot of people.
ftople tell me that Homecoming
celebrations, the events surrounding
Homecoming, at Notre Dame are
top-notch, Class really extra-extra-special.
fellow. Not a goody-goody, just
great person.
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Brooks, John. The Hereford Brand (Hereford, Tex.), Vol. 87, No. 80, Ed. 1 Sunday, October 25, 1987, newspaper, October 25, 1987; Hereford, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1348496/m1/2/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Deaf Smith County Library.