Higher price paid for wage control
Washington reports that unemployment could reach six percent this year as the cost of inflation and past wage price controls, per Kenneth Bush. Rush and Treasury Secretary William Simon predicted unemployment would stay below six percent and inflation fall to about seven and a half percent by year’s end. They said there is no need for economic panic despite a circulating report.
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Washington
UPI
Kenneth Bush
Nixon
Rush
Treasury
William E. Simon
William Proxmire
D-Wis
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Chase Manhattan Bank
David Rockefeller
Proxmire
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CBS
Face the Nation
Simon
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Meet the Press
Congress
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Rhodes Illness Delays News Conference On Impeachment
House Republican leader John J. Rhodes of Arizona postpones a planned news conference to state his stance on impeachment due to illness with a high fever. Rhodes had been expected to announce he cannot lead a Republican defense against impeachment and had previously urged President Nixon to consider resigning for the country’s good.
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Washington
UPI
House
John J. Rhodes
Arizona
Jay Smith
Rhodes
Nixon
Officials say Carrasco and hostages would not have left prison alive
Prison officials state Fred Gomez Carrasco and two inmates would not have left Texas State Penitentiary alive. The dramatic escape attempt ended with Carrasco and another inmate dead, and several hostages wounded or killed. Witnesses described a blackboard shield, water hoses, and a chaotic gun battle. Governor Briscoe ordered a full investigation.
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Huntsville
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UPI
Fred Gomez Carrasco
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Goldwater boost eyed for New Hampshire GOP hopeful Banks
In Concord New Hampshire UPI reports auto dealer David Banks set for a public boost on August 12 with Sen Barry Goldwater joining to back his campaign The move follows word WLNH radio says former Republican State Chairman Robert Whalen Rye plans to join Banks battle Banks says Goldwater is highly respected and honest and his appearance could help banks amid rivalries and expectations in the race
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N.H
Upi
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Barry Goldwater
R-Ariz
New Hampshire
General Services Administration
Laconia
WLNH
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GOP
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Editor's kidnaper ruled guilty in federal court
A federal jury found 34 year old William A H Williams guilty of extortion in the kidnaping of editor Reg Murphy and the release of him for $700000 Williams faces up to 50 years if given the maximum on extortion gun in a felony and mail related charges sentencing set for Aug 30 Williams claimed insanity and planned an appeal His wife Betty Ruth Williams faces Aug 19 trial for aiding in the crime Murphy and his wife testified and Williams was led away in handcuffs by marshals Williams said the verdict was vindication for the jury system
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UPI
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Reg Murphy
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William C. O’kelley
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Murphy
Virginia
Fascists claim train bombing details emerge
A Fascist group calling itself Black Order claimed responsibility for the Rome Munich Italians Express bombing that killed 12 and wounded 48. A note found in Bologna signed Ordine Nero branded Nazism revived in Italy. Meanwhile in Los Angeles a court delayed Mayor Bradley’s daughter Phyllis Bradley’s narcotics case to August 27 as co defendants faced cocaine and marijuana charges. AUPI report notes one hundred other passengers aboard the night train, including Gary Palma of Aliquippa, described the blast and ensuing chaos in a tunnel under the Apennines.
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Italy
UPI
Black Order
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Ordine Nero
Berlin
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Appennine Mountains
Los Angeles
Tom Bradley
Phyllis
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Aliquippa
University of Pennsylvania
Palma
Muskie to Attend Sea Law Talks in Caracas
Senator Edmund Muskie D Maine departs for Caracas to join the Law of the Sea conference with 149 nations. He will press for an enforceable fisheries accord and address ocean pollution and dumping concerns to prevent overfishing harming New England fleets. He expects to return to Washington Wednesday.
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UPI
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D-Maine
Venezuela
Caracas
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United States
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Portugal moves toward ending five centuries of Guinea rule
Western sources say Portugal will grant independence to Guinea this week as Lusophone empires fade. Waldheim noted Guinea will join the UN, with early talks planned on Mozambique and Angola, marking a broader shift away from colonial rule in Africa.
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UPI
Angola
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Prince Henry the Navigator
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Marcello Caetano
Da Nang defense pressed as Communists seize outposts
Communist forces battered the Da Nang defense line after overrunning 12 military outposts in weekend fighting near Duc Duc and Thuong Duc, 25 miles southwest of the city. The advance raises government outposts lost to 25, with heavy shelling and casualties reported as the siege nears the area’s major population center.
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Saigon
UPI
da Nang
South Vietnam
Duc Duc
Ba Khe
Thuong Duc
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