France Raises Bank Discount Rate to 8 Percent
Paris AP The Bank of France increased its discount rate from 7 to 8 percent as Finance Minister Valery Giscard d Estaing announced to the National Assembly. The move, which lifts France alongside Britain to the highest rate in Europe, aims to curb credit and slow internal consumption amid ongoing foreign trade deficits pressuring the franc.
MENTIONED IN THIS ARTICLE
Paris
Bank of France
Valery Giscard d’ Estaing
French National Assembly
France
Great Britain
Europe
Pensive
Charleston Negro Leaders Seek Garbage Strike Settlement
A seven week old garbage workers strike may end Thursday as Charleston Negro leaders plan a meeting with Mayor J. Palmer Gaillard to present their settlement proposal. The Coalition Committee worries the Medical University of South Carolina Hospital and Charleston County Hospital have not honored parts of a prior hospital workers’ settlement ending a 14 week strike.
MENTIONED IN THIS ARTICLE
Charleston, S. C
Charleston
Medical University of South Carolina Hopital
The
Charles
Ton County
J. Palmer Gaillard
Laird Approves North Dakota ABM Site Survey
Secretary of Defense Melvin R. Laird authorized the Army to survey North Dakota for the first anti ballistic missile battery. The move aims to defend Minuteman silos near Grand Forks as part of a 7 billion defense system, with final site approval tied to 1970 defense appropriations.
MENTIONED IN THIS ARTICLE
Washington
Melvin R. Laird
Army
North Dakota
Safeguard Abm
Grand Forks, N.D
Tunisian Count Rises as Floods Devastate Nation
After ten days of unprecedented rains, the Tunisian government sought international aid. Mudslides swamped villages, bridges, and rail lines, killing more than 500 people and destroying about 50,000 homes. Half the country was submerged amid drought relief turned catastrophe.
MENTIONED IN THIS ARTICLE
Tunis
Tunisia
Indian Army on Alert After Assam Riots
Indian Army pressed into service in Namrup Assam after rioting between local residents and settlers from other states left at least three dead. Government imposed an indefinite curfew.
MENTIONED IN THIS ARTICLE
Calcutta
Namrup
Assam
Oth
Mugger Becomes Victim in Finger Tip Evidence
A 53 year old woman was mugged in August 1968 and beaten. police linked prints from a severed fingertip to William Allen 29, who was arrested in mid Manhattan for robbery. The fingertip had been held as evidence and matched to Allen, who has nine prior arrests.
MENTIONED IN THIS ARTICLE
New York
Little
William Allen
Allen
mid-Manhattan
Cancer immunization may become key cancer control
Dr. Loren J. Humphrey of Emory University told reporters at an American College of Surgeons meeting in San Francisco that cancer immunization could be the favored control method in 5 to 10 years. He noted it aided about 20 percent of more than 100 patients tested and remains a weak tool with potential for a universal vaccine.
MENTIONED IN THIS ARTICLE
San Francisco
Loren J. Humphrey
Emory University
Atlanta
Toia
American College of Surgeons
Humphrey
Nixon proclaims National Day of Prayer for peace with justice
President Nixon proclaims October 22 as National Day of Prayer urging the nation to pray for the achievement of peace with justice for all people worldwide. He says the era calls for public demonstration of faith in the power of prayer.
MENTIONED IN THIS ARTICLE
Washington
Nixon
America
Montreal Police and Firemen Return to Work After Turmoil
After a night of near chaos in Montreal striking police and firemen resumed work Wednesday with departments fully manned and operating normally. The army guards key installations while provincial police patrol the streets. At least two deaths occurred including a taxi battle fatality and a burglar shot during a break in. Two provincial officers were critically injured when dragged from a car and beaten.
MENTIONED IN THIS ARTICLE
Montreal
Canada
Vietnam War Lull Deepens Across South Vietnam
AP reports a battlefield lull persists in South Vietnam with U.S. ground forces engaging the enemy Wednesday. U.S. helicopter gunships and artillery claim 20 North Vietnamese killed 60 to 75 miles north of Saigon while Air Force B52s conduct three missions along the Cambodian border. No American casualties noted. Monsoon rains flood Hue area as operations slow across the front.
MENTIONED IN THIS ARTICLE
Saigon
South Vietnam
U. S
U.S
Air Force
Hue
Imperial
Tricentennial forecasts near million in direct revenue for SC
The South Carolina Budget and Control Board heard the Tricentennial Commission expects nearly 1 million in direct revenue from the 300th birthday celebration. Project updates show Columbia ahead, Greenville slightly behind, and Charleston on pace. Barnett cited steel delays resolved and Indian artifacts preserved for display.
MENTIONED IN THIS ARTICLE
Columbi
South Carolina Budget and Control Board
James Barnett
Tricentennial Commission
Barnett
Columbia
Greenville
Charleston
Oldtown
Commission
Robert McNair
Court Hears 17 Guilty Pleas 31 Indictments Returned
Senate testimony details a group of sergeants forming Marehem Corp to skim profits from Army clubs in Germany and Vietnam. The firm paid themselves, dealt kickbacks, and profited from a 20 ton freezer sale tied to Long Binh. Maj. Gen. Carl C. Turner’s Distinguished Service Medal was revoked in a related Army probe.
MENTIONED IN THIS ARTICLE
Washington
Senate
Carmine S. Bellino
Marehem Corp
Army
Carl C. Turner
Bellino
Abraham Ribicoff
D-Conn
Augsburg
Ft. Benning
Vietnam
United States Army
Ribicoff
Germany
Maredem
Club Systems
Aburg Brothers Inc
Aburg
Maradem
Narvaez Hatcher
William E. Higdon
Seymour Lazar
Long Binh
Higdon
1St Infantry Division
Ist Infantry
USARV
Bellini
William A. Wooldridge
34Th
Pentagon
U.S
Kimberly-Clark and Bell System Boost Aiken County Taxes
Kimberly-Clark Corp. and Southern Bell Telephone and Telegraph Co. paid the 1969 tax bills in Aiken County. Kimberly-Clark’s new Beech Island plant contributed about 352,599 to county taxes plus state and local levies, with total annual tax impact near 800,000. Bell System paid 172,159 for county taxes while city taxes for Aiken were 57,102. Bell and Kimberly-Clark used available tax discounts for early payment.
MENTIONED IN THIS ARTICLE
J. R. Salter
Kimberly-Clark Corp
Aiken County
Frank Thomas
Stathy Verenes
S. C. Development Board
C. M. Shackelford
Southern Bell Telephone Co
Busch
Southern Bell
Kimberly-Clark Corporation
Beech Island
Aiken
Kimberly-Clark
Salter
South Carolina Electric and Gas Co
Kimberly- Clark
Southern Bell Telephone and Telegraph Co
C M. Shackelford
Shackelford
I. M. Hendrix
Heavy Docket Moves Forward In Aiken County Court
Aiken County Circuit Court logged a long day with 17 guilty pleas and 31 indictments. total indictments for October term reached 87 with about 67 remaining. Judge Francis Nicholson adjourned at 6 p.m. after stern lectures to three teens on probation.
MENTIONED IN THIS ARTICLE
Aiken County General
Francis Nicholson
Nicholson
Fugitive Captured in Ohio in Beaufort Slaying Case
FBI agents arrested Forrest Ward Phillips, 41, of Augusta, Georgia, and Lois Felecia Ready, 39, in Ohio after a high speed pursuit following the August 15 slaying of South Carolina Highway Patrol Corporal Richard Woods and abduction of a Navy couple and their infant. Phillips faces charges in Beaufort and interstate flight to avoid prosecution.
MENTIONED IN THIS ARTICLE
Columbia
FBI
South Carolina
Ohio
Roland Trent
Forrest Ward Phillips
Augusta
Belpre
Marietta
Trent
Phillips
Richard Woods
S. C. Highway Patrol
Beaufort
Charleston
Lois Felecia Ready
Morgantown
N. C
Ready
Washington County
U. S
Columbus
Woods
Beaufort Marine Air Station
Charles Roper Jr
Buford
Kenneth Gore
Research Sub Rescued From Ocean Floor
A yellow minisub with a seven inch knife taped to its claw cut the entangling line that trapped a research submarine and its four crew on the ocean floor for 12 hours. The Deep Quest then surfaced under its own power from 442 feet with all hands safe and 32 hours of life support remaining. The pilot, retired Navy Captain Robert Worthington, 52, said it was a long night as they planned their ascent five miles offshore.
MENTIONED IN THIS ARTICLE
San Diego
Calif
Deep Quest
Navy
Robert Worthington
Also Mentioned on This Page
Congress
Harriet Neham
Day of Prayer
State Park System
Th Commission
Department of Mental Health
William Hall
Hall
Commission On Alcoholism
Public Service Commission
Kimberly-Clark, Bell System
Lion
State Tax Commission
Fort Gordon
William H. Fields
Pineview
Grand Jury
W. Roy Turner
North Augusta
Walter L. Geter
Melvin Tice
Arthur Green Jr
S.C
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