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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Aug 22, 1971
Page
7
New York AP reports Wall Street's response to the president's economic and international monetary proposals has been muted amid a lack of new data. A Pax World Fund seeks socially responsible investing by avoiding defense and weapon makers, while analysts weigh implications for blue chip stocks and bond prices.
Reagan says 1971 brought trial and frustration to his California governorship. He butchered a half billion in budget cuts with item veto power, faced stalled welfare reform as a Democratic legislature blocked aims, and engaged in high profile negotiations amid controversy over disclosure and public image.
Houston AP reports the natural gas industry now heats about 31.6 million U.S. homes, with projections to rise to 34.5 million by year end 1973. Regional gains are highlighted from New England to the East North Central and Pacific regions, amid a broader energy policy debate around President Reagan and Nixon-era welfare contrasts.
Muhamma Kenyatta, cofounder of the Black Economic Development Conference, says a three member delegation returned from North Vietnam reporting a policy of not fighting black American soldiers. He attributed the officials' statement to Vietnamese leaders.
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