Nixon unveils post freeeze goals phase II wage price boards
President Nixon outlined phase II for curbing inflation and set up a 15 member wage board and a seven member price commission to guide future pay and price increases. The boards must issue guidelines by November 13, with enforcement via IRS field offices and three market segments for firms.
MENTIONED IN THIS ARTICLE
Nixon
Kennedy
Johnson
Pay Commission
Pay Board
Organized Labor
Living Council
Treasury
John B. Connally
Price Commission
Congress
Oval Office
Internal Revenue Service
IRS
State prosecutes 11 Windsor protesters
UPI reports warrants issued for 11 convicts linked to a Windsor State Prison protest last week. Three arrests followed kidnapping charges stemming from the incident.
MENTIONED IN THIS ARTICLE
Windsor
CVPS head warns of insolvency risk for Vermont utility
Ernest Gibson of the Vermont Public Service Board warned the state may face insolvency if Central Vermont Public Service Corp cannot shore up finances amid an 18 percent rate hike request. He said the firm could fall to absentee ownership without solvency protection, as Gov. Davis also fears out of state control. The PSB, hearing CVPS's revenue needs to cover rising costs, weighed factors including a possible link to Vermont Yankee Nuclear Power Corp. investments and other generating firms’ practices.
MENTIONED IN THIS ARTICLE
Gibson
CVPS
Deane C. Davis
Vermont
PSB
Central Vermont
Central
Vermont Yankee Nuclear Power Corp
Franklin Sanders
Boston Finance
Bennington housing gap prompts federal aid push
After three months of investigation the Bennington County Regional Planning Commission cites inflated real estate prices substandard housing and tight bank lending as the chief causes of the area's housing shortage Most residents 70 percent cannot afford new or better homes The report urges targeted federal help for both low and middle income families including HUD loans grants and Turnkey programs to build and rehabilitate housing in Bennington Bradford Place and Brooklyn as quick solutions to the crisis.
MENTIONED IN THIS ARTICLE
Bennington County
BCRPC
Bennington
U.S. Department of Housing and Urban Development
HUD
Federal Housing Administration
Commission
BenMont
Bradford Place
Brooklyn
Turnkey
Bennington Housing Authority
Housing Authority
Housing Series
Israel criticizes U S peace effort amid U N clash
In New York Secretary of State Rogers meets Egyptian Foreign Minister Riad for a second time as Israeli newspapers report a serious erosion in U S Middle East policy. Israel fears U S partial Suez arrangements undermine its position and warns of lasting division unless a full peace is pursued.
MENTIONED IN THIS ARTICLE
New York
UPI
William P. Rogers
Mahmoud Riad
U.S. Middle East
Israel
Rogers-Riad
Rogers
Waldorf Towers
U.N. General Assembly
Riad
Middle East
Suez Canal
Sinai
Golda Meir
Jerusalem
U.S
Washington
Jerusalem Post
Post
Egypt
Cairo
Labor charges a doublecross over wage price policy
Washington report cites AFL-CIO and White House tensions after Nixon outlines post-freeze wage and price controls. Meany withdraws offer for Pay Board, senators debate board power and Senate confirmation. Proxmire criticizes extended act without reform. Economists Galbraith Friedman weigh in on policy effectiveness.
MENTIONED IN THIS ARTICLE
Washington
UPI
White House
Nixon
Afl-Cio
George Meany
Pay Board
William Proxmire
D-Wis
Senate
Harvard
John Kenneth Galbraith
Kennedy
Milton Friedman
Meany
Administration
Cost of Living Council
Proxmire
Joint
Senate House Economic Committee
Unemployment Slightly Drops as Jobs Reach Record High
UPI reports September unemployment near 6 percent with a small 0.1 point drop from August. Total employment rose by 325,000 to 79.5 million after seasonal adjustment, led by a 130,000 gain in manufacturing. Average weekly earnings fell to 128.76 dollars, while hourly earnings rose to 3.48. Unemployment totals and rates varied by group, with Negro unemployment rising to 10.5 percent and Vietnam era veterans at 8.3 percent. Labor Secretary Hodgson urges tax proposals to spur Congress amid lingering joblessness.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
Bureau of Labor Statistics
BLS
James D. Hodgson
Congress
Inside West Coast dock strikers hear Bridges
On the Inside West Coast dock strikers aren’t impressed by Nixon but they listen to Harry Bridges. Veterans who’ve been there warn many are dying in Southeast Asia. A Searsburg selectman argues against a 700-site Somerset camping area. An editorial picture shows a possible future site.
MENTIONED IN THIS ARTICLE
West Coast
Nixon
Harry Bridges
Ellen Cronan Rose
Searsburg Selectman
Somerset
Southeast Asia
Bennington Selectmen
Monument Inn
Bennington
Pownal
Dorset
Viet Cong frees GI after two years in captivity
Sgt. John C. Sexton of Warren Michigan was released near Loc Ninh after 22 months as a prisoner of war. He walked 10 miles through jungle from An Loc to Loc Ninh and arrived in generally good condition. Pentagon announced the liberation as U.S. says 1,475 Americans remain missing or detained in Indochina conflicts.
MENTIONED IN THIS ARTICLE
Saigon
UPI
John C. Sexton
Loc Ninh
U.S
Sexton
Warren
Mich
An Loc
North Vietnam
Pathet Lao
Laos
Also Mentioned on This Page
Glenn Scott
Chatfield Dam
Denver
Citizens’ Boards
Federal Reserve
Arthur F. Burns
Steel and Auto Industries
Windsor County
Frank C. Mahady
Mahady
George Ellison
Vermont District Court
White River Junction
Robert C. Smith
By Charles Bonenti
Labor
Viet Cong
Pentagon
Defense
Melvin R. Laird
Laird
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