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Austin Daily Herald in Austin, Minnesota

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Austin Daily Herald

Location

Austin, Minnesota, United States of America

Date

Dec 09, 1968

Page

16

Senate probes credit reporting practices in hearings

Senate hearings led by Hart examine credit reporting firms amid concerns of careless reports conflicts of interest and rising concentration. Testimony from Retail Credit Co. and Credit Data Corp. voices, plus TRW and Associated Credit Bureaus, highlight ownership ties to collection agencies and potential antitrust issues.

Senate Antitrust Michigan Philip A. Hart Pub Subcommittee Retail Credit Co Atlanta, Ga Justice Department Retail Credit Credit Bureaus Inc Georgia California Francis Smith Robert W. Biccurn Harry C. Jordan Credit Data Corp House TRW Inc Credit Data John L. Spafford Associated Credit Bureaus of America, Inc Associated Credit Local Bureaus

Belief Departs From Washington That Economy Can Be Regulated

In Los Angeles the AP reports shifts in economic doctrine as the New Economics faith in fine tuning loses favor. Inflation persists, spending posts higher than expected, and Paul McCracken is named Nixon's chief economic adviser, signaling a move away from precise government control of the economy.

Washington Los Angeles Federal Reserve Board Paul McCracken Richard M. Nixon McCracken

Revival of MVD Signals Kremlin Power Plays at Home

AP reports the reemergence of MVD symbols signals possible power jockeying in the Kremlin. MOOP renamed to the Ministry of Internal Affairs expands militia and vows a hard line on crime and anti Soviet literature amid unrest after Czechoslovakia.

MVD Czechoslovakia Kremlin Ministerstvo Vnutrennikh Ministry of Internal Affairs Lavrenty P. Beria Beria Stalin Moscow Ministry For the Protection of Public MOOP Nikolai Shchelokov Leonid Breznev Pravda Izvestia

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