Penn Central Hid Lending to Swiss Banks Before Bankruptcy
Congressional testimony showed Penn Central borrowed nearly $60 million from Swiss banks on short term to pay off $200 million borrowed from commercial lenders. Officials described six to eight months of refinancing while facing creditor scrutiny, with a broader plan for government backing later dropped as bankruptcy loomed. The railroad faced $110 million still owed to commercial investors.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S
James M. Beggs
House Appropriations
Beggs
Defense
Barry J. Shillito
Penn Central
Europe
Saigon Troops Begin New Cross Border Drive into Cambodia
A 2,500 man South Vietnamese task force said it killed 39 guerrillas and found 26 bodies on day one of a cross border operation to keep Highway 1 open. The push in Cambodia brought totals to about 20,000 Vietnamese troops with light fighting reported and eight Vietnamese wounded.
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Saigon
UPI
Cambodia
Phnom Penh
Kompong Trabec
Kirirom
Kompong Som
Nixon Considers Pentagon Shakeup
President Nixon calls Defense Secretary Melvin R. Laird and Deputy David Packard to a high level White House meeting to discuss reshaping the Defense Department amid cost overruns and budget priorities. Henry Kissinger will sit in as the Fitzhugh blue ribbon panel report due Tuesday informs talks on reorganization. Nixon also plans economy strategy with top advisers after a weekend baseball outing. In Vienna, twelve miners were killed by gas.
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San Clemente
Calif
UPI
Nixon
Defense
Melvin R. Laird
David Packard
Pentagon
White House
Defense Department
Henry A. Kissinger
National Security
Anaheim Stadium
Anaheim
Gilbert W. Fitzhugh
Metropolitan Life Insurance Co
Washington
Senate
George Shultz
Office of Management and Budget
Caspar Weinberger
Shultz
Paul W. McCracken
Council of Economic Advisers
John D
Debated ABM Freeze Proposal Stirs Senate Talk
The SALT talks and a U S proposal to freeze or cut ABM forces spark renewed debate as Senate considers a $19 2 billion defense bill. Critics question timing while Kissinger briefed senators and leaders voice skepticism amid a 49 9 40 split on ABM expansion and site plans.
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Washington
UPI
U.S
Vienna
Soviet Union
Nixon
Henry A. Kissinger
Senate
John C. Stennis
D-Miss
Armed Services Committee
Stennis
White House
Montana
North Dakota
Missouri
Wyoming
Black Militant Leader Dies In Gun Battle At Church
In Houston a gun battle erupted from the St John s Baptist Church roof as police fired on militants. Leader Carl B Hampton 21 died at hospital after being shot. Six others wounded and 23 arrested with 40 to 50 loitering nearby. A white SDS member from Dallas was wounded. Police chief officials described a tense confrontation with militants using rifles. Hampton died at Ben Taub Hospital after surgery.
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Houston
UPI
Carl B. Hampton
People’s Party No. 2
Dallas
Students For A Democratic Society
J. O
Bo” Norris
Criminal Intelligence Investigation Department
Houston Police
St. John’s Baptist Church
Norris
Hampton
Ben Taub Hospital
Ray B. Haile Jr
SDS
Movie Guide Listings at Vermont Theatres This Week
Bennington Banner theater notices list Woodstock at Harte Theatre six shows nightly 7 30 and Beyond The Valley of the Dolls at Williamstown Cinema 8 p m Monday through Thursday The Grasshopper with Jim Brown at Manchester Cinema Theatre Tonight and more showings John and Mary with Dustin Hoffman Mia Farrow at Bennington Drive-In Tonight and Tuesday Let It Be and Alices Restaurant at Hathaway Drive-In North Bennington Tonight and Tuesday plus business and contact details for the Bennington Banner.
MENTIONED IN THIS ARTICLE
Woodstock
America
Harte Theatre
Williamstown
the Grasshopper
Jim Brown
Manchester
Hathaway’s
Eyewitness set to testify in Tate murder trial
Linda Kasabian 20, sole alleged witness to Tate murders, to testify under immunity against Charles Manson and three followers. Prosecution contends she saw three killings at the Polanski estate and helped transport killers to the LaBianca home, while defense cross examines a caretaker's account.
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Los Angeles
API
Sharon Tate
Charles Manson
Linda Kasabian
Tate Estate
William
Garretson
Miss Tate
Mrs. Kasabian
Spahn Ranch
Tate
Leno LaBianca
Vincent T. Bugliosi
Kasabian
Roman Polanski
Bugliosi
Abigail Folger
Woitych Frykowski
Steven Parent
Jay Sebrig
Ranch
LaBianca
Manson
Venice
Calif
Calif. But, He Said, Mrs. Kasabian
Susan
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