Penn Central investors fell prey to shell game, warns Patman
Rep. Wright Patman said buyers of Penn Central stock before the 1970 bankruptcy were victimized by a shell game run by banks and investment firms that dumped shares using inside information. The House Banking Committee report names Chase Manhattan, Allegheny entities, Investors Mutual, and Investors Diversified Services, detailing sales totals and firms involved while criticizing regulators and President Nixon for not warning the public.
MENTIONED IN THIS ARTICLE
Penn Central
Patman
Chase Manhattan Bank of
New York
Allegheny Corp
Allegheny
Investors Mutual Inc
Investors Diversified Services
Chase Manhattan
Securities and Exchange Commission
Interstate Commerce Commission
Nixon
Morgan Guarantee Trust Co
Continental Illinois National Bank and Trust Co
Chicago
Provident National Bank
Philadelphia
Security Pacific National Bank
Los Angeles
United States Trust Co
Sneak attack on U S base kills 33 and wounds 76
Communist commandos used fog cover to strike a Americal Division base 330 miles northeast of Saigon killing 33 Americans and wounding 76. The assault prompted quick troop reinforcement and an investigation into the breach as heavy U S counterfire targeted surrounding areas.
MENTIONED IN THIS ARTICLE
U.S
Saigon
UPS
USS
Americal Division
Americal
Indochina
Demilitarized Zone
Dmz
Laos
Khe Sanh
Civilian death toll in Vietnam war cited at 325000
The Saigon Embassy and The Boston Globe report 325,000 civilian deaths and 5 million refugees from the Vietnam conflict, exceeding U S casualty figures. Pentagon tallies show 135,970 South Vietnamese and 44,730 Americans killed. refugee total echoed by Senator Kennedy years earlier.
MENTIONED IN THIS ARTICLE
Boston
UPI
Boston Globe
U.S
Pentagon
South Vietnam
Edward M. Kennedy
D-Mass
Senate
Kennedy
Johnson Administration
Nixon
Vietnam
Paul N. McCloskey Jr
Rcalif
Asia
Globe
Saigon
Antiques stolen from Dorchester church in Boston area
A $10,000 haul of irreplaceable antiques was taken during the church anniversary weekend at First Parish Church of Dorchester, a 341 year old Universalist Unitarian parish. The Ming Dynasty vase and other items vanished from various display areas as Rev. James K. Allen led preparations for the Sunday service.
MENTIONED IN THIS ARTICLE
Boston
UPI
Dorchester
Anl
James K. Allen
Delft
Universalist-Unitarian Church
England
Christopher Wren
Congressional expert says Pentagon budget is larded with fat
UPI reports Congressional expert Richard Kaufman and Pentagon official Robert Moot debated the 1972 defense budget on The Advocates. Kaufman called the spending fat and obsolete while Moot defended inflation adjustments and constant-dollar comparisons, noting pay hikes and cost of living raises.
MENTIONED IN THIS ARTICLE
Boston
UPI
U.S
Richard Kaufman
Joint Economic Committee of Congress
Defense
Robert C. Moot
Pentagon
Public Broadcasting Service
Moot
Kaufman
Defense Department
Tito Sees Pope Paul as Ally in Fight Against Colonialism
Yugoslav President Tito, the first Communist leader to visit the Vatican, hailed Pope Paul VI as an ally in opposing colonialism and racism. He praised the pope’s world peace efforts and urged collaboration with the Holy See to solve international issues, including the Middle East and Southeast Asia, through peaceful coexistence.
MENTIONED IN THIS ARTICLE
Tito
Pope Paul
Vatican City
UPI
Yugoslavia
Vatican
Paul VI
Pope
Middle East
Southeast Asia
Kennedy urges consumers to drive health care reform
UPI Boston Senator Ed ward Kennedy told New England Hospital Assembly that the consumer must be both the focus and catalyst of health care reform. He criticized Nixon plans to aid private insurers and advocated a government run program costing 2 to 3 billion annually to protect consumers and address the crisis.
MENTIONED IN THIS ARTICLE
Boston
UPI
Edward M. Kennedy
Massachusetts Democrat
New England Hospital
Kennedy
Whitney Young
National Urban League
Nixon
Coast Guard renews search for survivors of oil tanker Texaco Oklahoma
The Coast Guard said it would resume efforts to find more survivors from the Texaco Oklahoma after the 661 foot tanker sank 125 miles northeast of Cape Hatteras. Eleven men were rescued from life rafts on Sunday as 19 to 31 remain missing. The vessel was traveling from Port Arthur, Texas to Boston with oil cargo and sank quickly in heavy seas.
MENTIONED IN THIS ARTICLE
Portsmouth
UPI
Coast Guard
Texaco Oklahoma
Boston
Port Arthur
Tex
Cape Hatteras
N.C
Jescanaba
Texaco Nebraska
Texaco
Joseph Dinunzio
Oklahoma
Charles W. Parker
New York
Sasstown
Elizabeth City
Republic of New Africa establishes capital in Mississippi
In western Mississippi, about 150 members of a black separatist group claimed to establish the capital of the Republic of New Africa on 20 acres in Hinds County between Jackson and Vicksburg. Leader Amari Obadele said the plan is for a new nation while remaining within U.S. law. Armed sentries patrolled as state troopers and sheriffs watched nonchalantly. The land was reportedly bought or leased from Loftin Mason.
MENTIONED IN THIS ARTICLE
Bolton
Miss
UPI
Mississippi
Republic of New Africa
Hinds County
Jackson
Vicksburg
U.S
Amari Obadele
New Orleans
United States
Loftin Mason
Also Mentioned on This Page
South China Sea
Chu Lai
Ali-Frazier
Williamstown
Frazier
Ali
Harte Theatre
Ben
Manchester
Jack Nicholson
Karen Black
Harte
Washington
Florida
Iowa
Nebraska
Arkansas
South Dakota
Missouri
Northeast
Robert N. Hill
E. F. Patnod Securities Company
Main Street
Winslow
Arrow
Essley
Jayson
Burt Bros
Nichols
Bennington Banner
United Press Incs
Matthey
Nal
Vermont
Bennington
Congressional
John R. Thomas
Research Analysis Corp
McLean, Va
William Rusher
The
National Review
Army
Edward King
Joint Chiefs of Staff
Howard Miller
University of Southern California
Robert Benson
National Priorities Project
National Urban Coalition
Miller
Holy See
Ted
Fishman's
Haynes
Kane Inc
Main St
Bennington, Vt
Gazzaniga
Berkshire
Grumbacher & Winsor——Newton Oils
Winsor—Newton Watercolors
CONTE
Berkshire Plaza
North Adams
Mass
Firs National Stores
Oregen
Chuck
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