Industry defends drug firms amid price and quality criticisms
In a stockholders meeting, Richard Furlaud of Squibb Beech-Nut argued that pharmaceutical prices have fallen since the 1957-59 period, that drugs account for under 9.5 percent of medical spending, and that industry profits are fair. He noted 1,900 manufacturers exist, FDA limits hinder full quality oversight, and that U.S. firms financed most major drug discoveries. The piece defends the industry as a rising tech force contributing to American health while acknowledging costs and scrutiny.
MENTIONED IN THIS ARTICLE
America
Bay Area
Squibb Beech-Nut, Inc
Richard M. Furlaud
Furlans
Furland
Petit
For
FDA
Department of Defense
United States
U.S
Countdown Rep Rosenthal Warns of Hidden Product Shortages
Rep Rosenthal accuses manufacturers of economic crimes by shrinking package contents without cutting prices. Administration officials plan college commencements on campuses without protests or disruptions. The note suggests avoiding unnecessary ignition when a flame already exists.
MENTIONED IN THIS ARTICLE
Rep. Rosenthal
Ghetto Grapevine Idea Faces Nixonites in Labor
Washington notes Secretary of Labor George Schultz favors using backchannel word of mouth to reach ghetto residents with job information. He envisions informal networks turning into real labor market guidance, while warning against costly, broad programs that invite inflation and political conflict.
MENTIONED IN THIS ARTICLE
Washington, D.C
Prat
George Schultz
Schultz
Washington
Nixon
Agnew
Romney
Volpe
Hickel
Darktown
Shultz
Schultz. Labor. Department
Eerne
Graming
Worderhood
Aianent
Labor Department
Great Society
Peace Corps
Salvation Army
Letters to the Editor Preferences and Submission Rules
The notice invites letters to the editor with a preference for shorter submissions under 300 words. It requires the sender’s name and address, though names may be withheld on request, and states all letters are subject to condensation.
Slow Disengagement Won’t Please Everybody in Nixon Move
Paul Harvey notes the difficulty a president faces pleasing all parties as Nixon announces a 25 000 troop withdrawal from Vietnam from Midway Island. Critics label it tokenism while Saigon officials doubt its impact though the gesture signals a shift toward disengagement and pressure on South Vietnam to assume more burden.
MENTIONED IN THIS ARTICLE
United States
Warren Burger
U.S. Supreme Court
Midway Island
L.bul
Joseph Duffey
The
Americans For Democratic Action
Nixon
Law
White
Vietnam
Capitol Hill
Saigon
Paris
South Vietnam
Finland sauna ritual shocks visiting congressman
In Helsinki Rep John Blatnik and a reporter endure a Finnish sauna ritual described as brutal yet invigorating. They describe naked room, 200 degree heat, scrub by a muscular attendant, and repeated cooling and heating cycles before escaping through a window.
MENTIONED IN THIS ARTICLE
Helsinki
Finlanda
John A. Blatnik
D-Minn
Rep
Blatnik
Red Hungary blocks critic’s travel visa in Vienna
The writer details a blackball by Red Hungary that bars him from entering Communist Hungary via IBUSZ and SBUSZ. Vienna officials and American diplomats protest as Budapest refuses the visa after questions about critical writings. The episode highlights state security and travel hurdles behind the Iron Curtain.
MENTIONED IN THIS ARTICLE
Vienna
Austria
Hungary
Heidi Schultz
Sbusz
IBUSZ
Budapest
Communist Party
Schultz
Trusz
State Department
On This Day in History Highlights and Quotes
This Day In History notes key events: 1812 US declares war on Britain for a second time, 1815 Napoleon defeated at Waterloo, 1935 Hitler signs a pact with Britain limiting German Navy, 1853 Egypt proclaims republic by the Army Council. A thought by Walter Pater on self interest and appeal.
MENTIONED IN THIS ARTICLE
Britain
Napoleon
Waterloo
Adolf Hitler
Egypt
Ibis
Army Council
Walter Pater
Also Mentioned on This Page
Rolph
Fairchild
Holmes Alexander
Paul Harvey
Aine
Ken
Noice
Don Waclean
Otis
Red
Miss Schultz
Gallert
Douglas MacArthur II
Jeno Simo
MacArthur
Francis Meehan
Meehan
United Press
Germania
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