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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 11, 1973

Page

4

Coming Steel Price Increases Widely Forecast Worldwide Demand Rises

The article notes a global surge in steel demand while U S supply tightens, prompting price hikes. U S Steel plans a 4.8 percent rise for sheet and strip steel by June 15 with pipe prices up by August 1, as other producers are expected to follow.

U.S U.S. Steel Cost of Living Council CLC The American Iron & Steel Institute Canada Business Week United States

Tupolev Tragedy Forces Global SST Fallout

FRANK MACOMBER reports that the TU-144 crash at the Paris Air Show may slow Soviet SST certification in the U.S. by 1977 and dampen Concorde prospects as Western airlines delay purchases. The tragedy raises questions of design flaws versus pilot error andCould shift international momentum in supersonic travel debates.

Russia Soviet Union United States Boeing Co Boeing U.S Congress Japan JAL Paris Boris Bugayev Aeroflot Warsaw

Fulbright cuts USIA funding raise foreign policy ire

The piece condemns the Senate Foreign Relations Committee led by Sen. Fulbright for slashing USIA funding and canceling a key South Pacific transmitter. It argues detente needs active U.S. engagement and criticizes reduced efforts as aiding tyranny, invoking Jackson’s critique of quiet diplomacy and urging stronger stands for human liberty.

New York Senate William F. Fulbright Foreign Relations Committee United States Information Agency USIA South Pacific China Senate Foreign Relations Committee Henry Jackson Yeshiva University United States Sen. Jackson U.S Nixon Moscow Greece Soviet Union United States Senate USIR People’s Republic of China Union of Social Socialist Republics Sen Fulbright Sen Fulbright Papadolpolous

Debt-Production Ratio Slips With Pardridge Warning

Washington economist William Pardridge tracks debt production ratios from 1966 to 1972 showing private sector debt surging to 2.47 times GDP. Public and private debt rose by 209 billion dollars in 1972, private debt up 177.4 billion, while corporate borrowings pushed total corporate debt to 952.3 billion. He warns ongoing wage gains, balance-of-payments woes, money creation, and mass credit fuel an inflation risk, with NTBs and trade barriers cited as factors. Local and international examples illustrate restrictive policies impacting trade as debt grows.

New York William J. Pardridge Washington Stanardsville Department of Commerce U. S Pardridge

Deafness Awareness Drives National Hearing Help Effort

A nationwide push targets millions with hearing loss who have not sought treatment. James P. Ince of the Hearing Aid Industry Conference cites about 1 million Americans and 39 million school age children with substantial defects, noting 90 percent could improve with medicine surgery or amplification. Most over 60 need aids, yet only about 25 million wear them. doctors especially otologists should assess, treat, or refer to reliable hearing aid dealers.

James P. Ince Hearing Aid Industry Conference United States Ince Imewspaper Enterprise Assn

Demes Make Good in GOP

Democratic to Republican party switches are analyzed with examples like Strom Thurmond Ronald Reagan Bo Callaway and John Connally. The piece notes Thurmond's pivot to victory for the GOP and Connally's dilemma of winning party approval by 1976 while still a Democrat.

Chicago John Connally Strom Thurmond Sen California Ronald Reagan Georgia Bo Callaway Callaway Congress Wayne Morse Oregon John Lindsay New York Democratic Party Connally Reagan GOP

Also Mentioned on This Page

R. Heath Larry Council On Economic Porities Council Frank Macomber Copley News Service D-Wash Capitol Hill Federal Aviation Administration Dennis the Menace Wilson Sen. Fulbright William F. Buckley JR Voice of America BBC Jackson Britain France America Winston Churchill West John Chamberlain Morgan-Guaranty Bank Australia Austria Belgium Ottawa Denmark Italy Switzerland British Admiralty British Columbia John Connall White House Mister Clean VeCarthy Muses
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