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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 08, 1973
Page
3
Israel marks 25th independence anniversary with a massive Jerusalem parade featuring tanks, aircraft, and 300000 spectators. Despite a few injuries and criticism over militarism, leaders reviewed Centurion and Russian tanks as 400 aircraft flew overhead.
U.S. experts say Marshal Grechko's promotion to the Politburo signals growing military influence over Soviet policy. Kremlinologists note the move, alongside Gromyko and Andropov appointments, may reflect deeper security priorities and balance against U.S. arms talks. Analysts say the SALT regime tempers but does not end strategic rivalry, with both sides pursuing missile and warhead advances as negotiations resume.
Secretary Richardson told the Senate Appropriations Committee that global military curtailments would not affect Southeast Asia missions in Cambodia. He supported a $500 million transfer authority, noting most funds already obligated to Southeast Asia activity and currency and food price pressures driving the request.
Soybean futures rose to an all time high of 8.06 on the Chicago Board of Trade as May options moved with limits removed and other limits lifted on beans and meal. Rainy Midwest weather and possible waterway disruptions fueled fears of delayed planting and lower yields, boosting new crop options and corn prices.
AP reports E Howard Hunt testified in Washington grand jury that Charles Colson advised forging State Department cables to imply Kennedy ordered Diem's assassination. Hunt described using a Xerox machine and razor blades to create fake cables and noted Colson's concern about leaving evidence, while fearing disclosure to a Time Life reporter.
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