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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jun 22, 1973
Page
13
A Senate subcommittee in Washington proposes criminal penalties for individuals or organizations attempting to fund U.S. government involvement in foreign elections.
The Senate Finance Committee approved a 5.5 percent COLA for 28 million Social Security beneficiaries starting January 1975, 11 to 2, with House leaders signaling acceptance as part of a debt limit extension bill. Secretary Shultz warned of veto risk if costly riders appear.
The Nixon administration loosened voluntary rules on dividend growth, allowing increases at 4 percent or tied to the 1968–1972 average. Chairman Arthur Burns said the change helps seniors and widows relying on dividends and aims to buoy a lagging market amid the 60 day price freeze. Corporate profits rose $12.8 billion in Q1 to a seasonally adjusted $114.3 billion. Then a stray line notes a young turkey drinking water hypnotized by head movements before drowning.
Senate passes a land-use planning bill by 64 to 21 to end urban sprawl and protect beaches and shorelines. It authorizes eight years and 1 billion dollars for planning, plus 66 million for administration and research. Funds target state regional plans and Indian tribal plans under Interior Department oversight.
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