Mixed reaction to Nixon welfare plan sparks debate
Officials from federal to local levels praised Nixon welfare reform and revenue sharing while expressing guarded hope. Republicans lauded the plan as enlightened policy, yet Democrats and city leaders warned cities would miss benefits. Critics said reforms fall short, though some urged broader income guarantees.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Jack Miller
R-Trowa
Ohio
James A. Rhodes
Daniel J. Evans
Senate
Hugh Scott
Pennsylvania
Whitney Young Jr
National Urban League
Young
Baytown Sealed Bids Sought for Demolition Projects
City of Baytown invites sealed bids in duplicate for demolishing buildings at Ferguson Street Main Street East Texas Avenue Maplet on August 2. Bids must be received by 3 00 p m at the City Clerk office. Purchasing Agent details available at City Hall Market Street.
MENTIONED IN THIS ARTICLE
Boders City OF
City Hatch
Gon Cooke
City OF Bay
Sealed bids invited for various equipment and a pickup truck
The Lee College District in Baytown Texas invites sealed bids by August 15 1969 for an Autoscan Analyzer Electronic Instrumentation Equipment Plastic Welding Equipment and a pickup truck. Bids opened in the Comptroller Office Lee Drive Paytown. Specifications available by calling the Comptroller. The Board of Regents may reject any or all bids or accept the most advantageous bid. Alvin W Miles Comptroller.
MENTIONED IN THIS ARTICLE
Et College
Boxell
Baytown
Texas
Slis
Ne Comptroller’s
Lee Drive
Paytown
Comptroller
Board of Regents
U.S. Not Concerned By Devaluation Of Franc
New York AP report explains that France devalued the franc with little immediate impact on the U.S. dollar. The Treasury said the move is accommodatable within current exchange rates while analysts foresee mainly internal effects in France. SDR issuance at IMF meeting could stabilize world trade.
MENTIONED IN THIS ARTICLE
New York
United States
Treasury Department
Kevin Winch
Rinfret Boston Associates
France
America
Germany
Edwin A. Reichers
First National City Bank
Reichers
Britain
Richard Kaufman
Chase Manhattan Bank
Winch
International Monetary Fund
Views On Tax Cuts Divergent
The NYSE opposes the House bill’s capital gains tax changes for securities, predicting less reinvestment as holdings extend to one year. Bankers and brokers doubt the reform will affect individual investors, noting typical stock holdings span six to eight years and that the impact may be limited. The bill moves to the Senate for hearings after summer recess.
MENTIONED IN THIS ARTICLE
NEW York
House of Representatives
New York Stock Exchange
House
Senate
Finance Committee
NYSE
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