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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Aug 17, 1971
Page
1
Anderson residents survey shows division between business and labor on Nixon Sunday economic plan. Workers fear limited gains while bankers see stabilization. GM raises and cost of living adjustments may not touch all. Local officials urge support, while labor leaders call for clarity and possible extensions.
President Nixon’s 90 day wage price and rent freeze will be strict and all inclusive Connally said no exceptions. The plan extends through April 30 1972 with Cost of Living Council chaired by Connally to study and propose steps to curb inflation. No mandatory controls are favored. Wage blocks include merit raises seniority and cost of living adjustments. Prices such as food will be frozen and auto price tests depend on prior month sales. Sanctions exist for violators and tips to report to the Office of Emergency Preparedness. The dollar is not devalued but stabilized. Meanwhile the Commerce Department reported a $5.7 billion quarterly deficit and the Fed noted a 0.8 percent drop in industrial production.
A four year old Ander son youth Vincent Edward Jordan Rt. 1 Anderson becomes the 18th county fatality of 1971 after a two car crash on County Road 400E near Chesterfield. He was a passenger in a car driven by his father Paul Jordan 48. The crash happened on the White River bridge as Jordan’s car rear ended a standing vehicle.
Washington officials publish a Q and A explaining the Nixon wage price freeze. It covers wages prices rents and profits, sets ceilings on all categories, and notes government entities and universities may defer increases until the freeze ends. It lists that state and local governments and even federal bodies are bound, with dates tied to the August 14 1971 benchmark.
Saigon observers note a subtle shift as North Vietnam omits support for the PRG and Viet Cong in its National Day slogans. The shorter list, dropping the standard reunification phrase and hints about China, may indicate growing strain and possible new diplomacy with Beijing. Proponents urge caution in reading too much into vague changes.
In New York Barbara, a confident 25 year old sex worker, evades police by altering her routines as city officials intensify efforts to curb the sex trade around Times Square. She says the crackdown has had zero effect on her and resents bureaucratic attempts to change an ingrained scene.
Mostly sunny days and fair mild nights through Wednesday. Rain chances are five percent today and ten percent tonight. High today near normal with a mild low tonight. Sunrise 5 58 am, sunset 7 45 pm.
U S businessmen and bankers voice cautious praise for Nixon policies as economic plans spark the largest stock market rally in Wall Street history. The Herald notes related economy stories on Page 10 with notices on deaths, editorials, health, and sports across multiple pages.
Akhmet Borzov a 30 year old zoological technician in Malgobek buys a 14 year old bride Lida Bagaudin for 600 rubles sparking a legal marriage breach. The Soviet Russia report notes the incident reflects a lingering tribal custom opposed by state reforms and follows prior arrests for hooliganism and theft.
The 1972 Madison County budget totals $8,125,074.81 with salaries near $2.5 million and operating costs over $500,000. The County Highway Fund relies largely on automatic state motor vehicle fund distributions. Welfare funding is mostly reimbursed by state and federal agencies. County Council will review the budget and tax rate September 7 and 8, with open meetings for the public.
Fragments describe an advertiser seeking to cancel a car sale ad after a quick sale. Addressed details include a 61 Dodge six cylinder, automatic, R and H, good engine, tires, paint, body, new battery, inspected. Phone number appears and price listed as 200 dollars or best offer. The text urges help placing a new ad.
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