Nixon orders wage freeze and tax cuts to boost economy
President Nixon froze wages, prices, and rents for 90 days and unveiled plans for $6.3 billion in tax cuts. The move, paired with a de facto dollar devaluation and import duties, aims to curb inflation and spur employment while Congress negotiates budget measures. The policy received mixed reactions from lawmakers and industry, with auto makers hopeful for tax relief and critics warning of risks to growth.
MENTIONED IN THIS ARTICLE
Nixon
U.S
Washington
UPI
Congress
William Proxmire
D-Wis
George S. McGovern
D-S.d
A.W. Clausen
California
Bank of America
Detroit
America
Weather Outlook Brightens as Temperatures Rise
Sunny and warmer with highs over 75 today followed by a clear cool night in the mid 50s. Continued sun Tuesday with a boost toward 80, while yesterday reached 66 and the overnight low was 53. At 7 am today Bennington Airport reported 58, sunset 7:55 and sunrise 5:58.
MENTIONED IN THIS ARTICLE
Bennington
Catholics Press Civil Disobedience in Northern Ireland Strike
Protest actions across Northern Ireland crippled shops and post offices and halted Londonderry docks in response to internment without trial. Gunfire wounded a soldier near the border. a Londonderry constable was abducted and later hospitalized in Letterkenny Ireland. IRA and security forces clash as authorities fear broader sectarian tension.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
UPI
Londonderry
Irish Republic
Letterkenny
Irish Republican Army
IRA
Dublin
Campain
England
Cullaville
County Armagh
Daniel Barr
Bogside
Barr
Thomas Moore
Royal Irish Rangers
Mills endorses Nixon economic plan amid wage freeze
UPI reports Representative Wilbur Mills, chair of the Ways and Means Committee, voiced general approval of President Nixon's sweeping economic course. Wall Street reacted with a Dow surge and brisk trading while labor leaders waited and Moscow mocked the move. Ford called the action strong medicine but necessary.
MENTIONED IN THIS ARTICLE
Washington
UPI
Wilbur D. Mills
D-Ark
House
Ways and Means Committee
Nixon
Wall Street
Robert B. Johnson
Paine, Webber, Jackson & Curtis
David Rockefeller
Chase Manhattan Bank
Moscow
Tass
Gerald R. Ford
Cambodia accuses South Vietnamese troops of atrocities
Cambodian high command said it demanded South Vietnam close its base southeast of Phnom Penh and withdraw its task force after reports of atrocities against civilians. Col. Srey Meas presented the demand in Saigon as protests grew. Vietnamese officials denied the claim. Cambodian forces expanded an operation into sanctuary areas, claiming to protect villagers who allegedly suffered rapes and beatings.
MENTIONED IN THIS ARTICLE
Phnom Penh
UPI
South Vietnam
Srey Meas
Neak Kluong
Saigon
Cambodia
le van Hien
High Command
Neak Luong
Am Rong
Bennington 1777 Dissenters Show Daring Resistance
In the 1777 Bennington summer, some troops balked at fighting. Col Seth Warner threatened deserters on August 16 and bargained for a 15 minute extension. Col Job Cushing faced mass desertion as Massachusetts reports show his men leaving for months. Eyewitness letters from Joseph Rudd and Peter Clark illuminate the battle and local resolve.
MENTIONED IN THIS ARTICLE
Bennington
Seth Warner
Col. Warner
Abigail Meacham
Charles G. Bennett
Old First Congregational Church
Job Cushing
Shrewsbury
Mass
Col. Cushing
Bennett
Peter Clark
Lyndeboro
Hillsboro County
N.H
Clark
Bunker Hill
Col
New England Historical & Genealogical Register
Massachusetts
Inside Democratic leader seeks peace within party
On the Inside Democratic chairman O'Brien strives for peace in his own party with tensions and calls for unity shaping internal debate during Page 2 coverage.
MENTIONED IN THIS ARTICLE
O’brien
Steve Rice
Union
Mauhs
Rock Rogers
Pentagon
Elisberg
Los Angeles
Flood Brook Union
Burr & Burton
Joe
Joanna Swayze
Vermont
New Hampshire
Aiken and Davis Back Nixon Economic Plan
Vermont leaders Sen. George Aiken and Gov. Deane Davis voiced strong approval of President Nixon's new economic package aimed at halting the U S balance of trade deficit. Aiken warned some actions could affect his re election while Davis called the plan thrilling though wary over wage and price freeze impacts and possible extensions beyond 90 days.
MENTIONED IN THIS ARTICLE
Davis
Battle Day 1971 Parade Draws Record Bennington Crowd
Bennington Main Street closed for nearly three hours on Sunday as hundreds joined a record Battle Day parade sponsored by the Bennington Fire Department. The eight-division march featured bands, floats, fire engines, Miss Vermont, and civic leaders at a noon start.
MENTIONED IN THIS ARTICLE
Bennington
Main
School Streets
Main Street
North Street
County Street
Spinelli Field
John P. Morrissey
Robert Houle
National Guard
Vermont State Firefighters Association
Also Mentioned on This Page
Europe
Japan
China
Office of Price Administration
Treasury
Jonn B. Connally Jr
Vietnam
Moore
Ulster
Mills
Kennett, Ark
Capitol Hill
New York
John V. Lindsay
Massachusetts Bay
Joseph Rudd
Rudd
Aiken
By Joe Swayze
Hotel Putnam
Smokey the Bear
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