Economists See Mixed Signals As Inflation Fears Persist
The Wall Street Journal notes economists are mostly bullish on the economy but worry about another inflationary spiral. It critiques popular myths about living costs rising faster than incomes and analyzes Bureau of Labor Statistics data showing cost of living up 3.4 percent and weekly wages up 7.5 percent from last year, with services driving most of the rise. It also examines corporate profits, noting a 20 percent gain since 1965 but profits only 6 percent above 1968 levels and margins thinning, hinting that rising wages outpace productivity and urging labor and management to rethink drastic steps.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Journal
Bureau of Labor Statistics
Government prepares to reveal unlimited contributions
A cautious note argues the government will expose unlimited contributions in the Congressional Record. It contends reform is overdue and that many voters misunderstand printed remarks as formal speeches. The piece warns of misleading influence and costly publication.
MENTIONED IN THIS ARTICLE
Encourago
Congress
Congressional Record
Associated Press
Standing Ovations Lose Their Shine in Eccentric Rant
A witty columnist reflects on the overuse of standing ovations at social events. He recalls absurd moments at a club luncheon praising staff and volunteers, then argues for a new form of respect: a squatting or silent ovation, warning that current practice has become tacky and overused. Copyright 1972 Field Enterprises, Inc.
MENTIONED IN THIS ARTICLE
Field Enterprises, Inc
McGovern and the peace movement criticized as hollow
A Maine letter from Raoul Pettai of Sudbury, a former Estonian exile, accuses Senator McGovern of duplicity on war and peace. Pettai cites McGovern’s WWII bombing stance, alleged silence on North Vietnamese atrocities, and a goal of a “peace” resembling a Hitlerian result, arguing the movement has become hypocritical and dangerous.
MENTIONED IN THIS ARTICLE
McGovern
George McGovern
Raoul Pettai
Sudbury
Mass
Pettai
Estonia
Massachusetts
Mr. Pettai
North Vietnam
Germany
Hue
McCarthy
Joan Baez
Pete Seeger
Dak Son
Munich
Gen. Fen. Corp
Catholic voting shift may lift Nixon in New England
Phillips surveys imply a real chance that New England Catholic Democrats may back a Republican president this November, signaling a fracture of the New Deal coalition. The piece traces Catholic voting patterns from Smith to Nixon, Kennedy, and Humphrey, noting mass shifts in New York and Massachusetts could decide regional outcomes.
MENTIONED IN THIS ARTICLE
Boston
Mass
KFL
New England
White House
Massachusetts
Rhode Island
New York
al Smith
America
Smith
Franklin D. Roosevelt
Harry S. Truman
Middle West
Barry Goldwater
New York City
Richard Nixon
Springfield
Herbert Hoover
Eisenhower
South
Nixon
Lou Harris
What Price Summit Meetings
Washington column questions the Moscow agreements signed last May and the interim SALT accord. It notes limits on offensive arms were possibly negotiable at Helsinki or Vienna, but signed by leaders of unequal rank. The grain deal with the USSR fuels debate on who benefits, and observers warn that Soviet aims stay hidden behind closed doors while American motives vary widely.
MENTIONED IN THIS ARTICLE
Washington, D.C
Moscow
Cuba
Atlantic
Helsinki
Vienna
Armed Services Committees
House
Senate
Richard Nixon
Leonid Brezhnev
Central Committee
Communist Party of the
Soviet Union
Congress
Jackson
United States
Navy
John Warner
U.S
Ussr
Russia
America
McNaught Syndicate, Inc
Billy Graham Seeks Low Profile In This Election
Paul Harvey reports Billy Graham aims to stay aloof from partisan politics in the election year despite long ties to presidents and advisers. He declined invocations at conventions, attended a White House event with no political pledge, and may privately weigh conscience, Ruth Graham, and family input before any public stance.
MENTIONED IN THIS ARTICLE
Billy Graham
Ruth
Harvey
Nixon
Billy
Richard Nixon
Grahams
White House
L.B.J
Evangelist
L.B.J. Texas Ranch
Graham
Hollywood
San Clemente White House
Bell
Gen. Fea. Corp
Agnew slams McGovern defense plan as dangerous
Vice President Spiro T. Agnew, speaking at a St Louis Rotary luncheon, called Senator George S. McGovern’s proposed 32.5 billion dollar defense cut frightening and warned it could force a nuclear response to threats. He tied the critique to a looming study predicting higher budgets under Nixon policies and argued McGovern’s non-nuclear forces would be unable to defend allies, including Israel, without risking a nuclear holocaust. He also dismissed questions about Watergate speculation as wild rumor.
MENTIONED IN THIS ARTICLE
ST. Louis
Spiro T. Agnew
Sen
George S. McGovern
U.S
Agnew
Rotary Club
McGovern
Columbus
Ohio
Washington
Nixon
Middle East
Israel
Lawrence F. O'Brien
O'Brien
Watergate Hotel
White House
Where To Write Your Legislators
A district update lists Washington contact details for senators Hartke Bayh and representatives Dennis Bray. It notes offices in the Old Senate Office Building Longworth and Rayburn Buildings with room numbers and ZIPs. The piece mentions the Voth District including Madison Hancock County.
MENTIONED IN THIS ARTICLE
Sen
R. Vance Hartke
Senate
Washington, D. C
Birch E. Bayh Jr
Washington, D.C
David W. Dennis
David W
Longworth
Voth
Madison
del- Soars
Endety Conant, Ition
William G. Bray
Rayburn
Rene Sence
Heth
Hancock County
Also Mentioned on This Page
Business Trends
By Erma Bombeck
Ace
Georgie Jessel
Evie Miller
Ralphie
Mayva
Cecil
Bombecek
THE
Anderson Herald
Anderson Newspapers, Inc
Jackson Street
Anderson
Indiane
George D. Crittenberger
Harriet W. Toner
Robert E. Jackson
Jane Toner Scott
Charles W. Laughlin
Indiana
Herald
Kirk
An Loc
McGovern and Co
Quang Tri
South Vietnam
Asia
Hitler
Europe
Phillips Survey
By Kevin P. Phillips
Phillips
Dwight Eisenhower
Gallup
Adlai Stevenson
Northeast
Great Lakes
John F. Kennedy
Hubert Humphrey
George Wallace
Harris
Minnesota
Alexander
Holmes Alexander
Paul Harvey News
Paul Harvey
Los Angeles Times
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