18 Feb 1975
Page 1
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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Argus
Location
Fremont, California, United States of America
Date
Feb 18, 1975
Page
1
The National Enquirer quotes Richard Nixon in a wide ranging interview at his oceanside estate. He defends his resignation, praises Gerald Ford, notes legal fees, and comments on public support, bitterness, and his wife Pat. The piece also mentions his health and appearance changes.
Washington reports the United States nears a $485 billion debt limit, threatening payment of $ benefits and salaries. Congress stalls on a higher ceiling, while the 1975 year ends and 1976 begins with trillions in borrowing planned, amid recession and tax shortfalls.
DETROIT UPI reports Chrysler Corp records a $73.5 million fourth quarter loss and a full year deficit of about $105 million amid the U.S. auto industry's steep downturn. GM posts a 60 percent profit drop to $850 million in 1974, while American Motors incurs a $5.6 million loss in late 1976. Chrysler annual sales slide from $11.8 billion in 1973 to $11 billion in 1974, with Q4 sales at $3.25 billion, down 26 percent from 1973.
The forecast calls for fair weather through Wednesday with high cloudiness and mild warmth. Lows in the upper 30s to upper 40s, highs in the mid 50s to low 60s, northwest winds 10 to 15 mph. The text also notes Pentagon accounting and a tax-cut claim by AFL-CIO President Meany, plus a hint of daylight saving time adjustment.
President Ford reflects on George Washington saying the nation’s first leader urged Americans to work and change the situation during difficult periods. The remark appears on page 3 of the edition.
Italy's versatile art thieves switch from Renaissance to modern masters feting five safety systems and stealing 28 precious paintings from Milan Modern Art Gallery. Red bereted government troopers halt a mass Eritrean prison break in Addis Ababa, Ethiopia leaving numerous dead. Soviet dancer Kateriya Fedicheva arrives in Rome with her infant son after a yearlong visa battle to join her American husband.
Fremont park superintendent Ted Harpainter, UC Berkeley alumnus, used watercolor therapy to cope with Cal’s heartbreaking Nov 7 loss to Stanford. He planned a watercolor of quarterback Steve Bartkowski, noting the season’s highs and the last second field goal that sealed a sour finale.
Denver researchers say motorcycle use among young men mirrors war losses with peak deaths among 19 year olds. They describe severe injuries in survivors, including head impacts and cockpit debris, and advocate fiberglass tank design tests and better training amid fuel shortages driving more riders.
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