What that code is doing is using the Graphene Continue Reading function for the excerpt more.
This is nothing to do with your original question:
Question: how do we get Summaries rather than full Posts on -only- this News Page?
The answer to this is in the loop.php file which you should be able to see in the editor.
Although I strongly suggest that if you have ftp you setup a local environment to edit and test changes, you could lock yourself out of the admin area with a syntax error, editing live files.
In the loop.php find line 65:
<?php if (!is_search() && !is_archive()) : ?>
change to:
<?php if (!$post->post_name=='news' && !is_search() && !is_archive()) : ?>
post_name is the page slug, this is what you should have after the change:
<?php if (!$post->post_name=='news' && !is_search() && !is_archive()) : ?>
<?php the_content(__('Read the rest of this entry »','graphene')); ?>
<?php else : ?>
<?php the_excerpt(); ?>
<?php endif; ?>
However lets put the Brakes On!
Looking at the page content this might not be the best way forward, excerpt does not return images, and your posts would not look nice without the images the list text would also look strange.
It would be far cleaner if you accept that site-wide some posts would look better with the more link, then just edit the posts in the editor and add in the more option.
Looking at the data after the persons ‘Name’ or before the line ‘Individual Endorsements’ would be ok.
Insert a line where you want the more text.
In the visual view Alt+Shift+T or click the icon next to the link
In html view insert a line where you want the more text, and enter <!--more-->
Now you control where the more link is output on the pages, your idea would have been ok if these were normal text posts but with the images and lists the editor option is far cleaner.
HTH
David
