Currency Upheavals Threaten Common Market Unity
Brussels reports say currency upheavals in France and West Germany have pushed the Common Market toward a crisis, risking a shift from a unified European Economic Community to a looser customs zone. France devalued the franc and exempted itself from uniform pricing. West Germany floated the mark and imposed an import tax. Officials call for a major package deal and treaty reforms to harmonize policies and restore cohesion.
MENTIONED IN THIS ARTICLE
Brussels
UPI
France
West Germany
Paris
Bonn
Common Market
European Commission
European Court
Commission
Senate approves anti pollution bill amid oil spill fears
The Senate votes 86 to 0 to outlaw willful oil discharges in navigable waters and create a framework for cleanup funding. The House approves $600,000 for water pollution grants, supports a two year study on pesticides and pollution controls, and demands ship sanitation devices and thermal pollution safeguards. A conference to reconcile House and Senate versions will follow.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
House
Great Lakes
Edmund S. Muskie
Dmaine
Violent Rampage Ends Che Guevara Memorial Rally
In Chicago police faced a violent crowd after a Che Guevara memorial rally in Lincoln Park. Rioters smashed windows, stoned vehicles, and fought officers, injuring 19, with 3 shot, and 66 arrested including a newspaper photographer. The event followed a Weatherman rally marking Guevara’s Bolivia death anniversary.
MENTIONED IN THIS ARTICLE
Che Guevara
Lincoln Park
Weatherman
Students For A Democratic Society
Guevara
Bolivia
Cuba
U.S. District Court
Julius J. Hoffman
Near North Side
Old Town
Lake Front Park
Pig Daley
Panthers
Richard J. Daley
Black Panther Party
Soviet Industry Embraces Capitalistic Incentives
In Moscow the Communist leadership ordered Soviet industry managers to adopt incentive pay and employee profit sharing to raise productivity. About 30 major enterprises have tested these measures since 1966, including the Shchokino Chemical plant which boosted output 87 percent while cutting labor by 870 workers.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Soviet Union
Alexander H. Birman
Central Committee of
The
Communist Party
Shchokino Chemical Plant
U S Battle Death Toll Hits Lowest in 34 Months
Saigon reports the weekly U S battle deaths at 64, the lowest in 34 months, with 900 Americans wounded. North Vietnamese and Viet Cong losses drop to multi-month lows as U S forces strike near Da Nang and along the Cambodian border amid calls for withdrawal.
MENTIONED IN THIS ARTICLE
U.S
Saigon
UPS
Dmz
Da*Nang
Vam Co Dong
Washington
Vietnam
National Guard
Kentucky
da Nang
Insurance Rates Raised For Higher Powered Cars
Nationwide Mutual Insurance Co will raise premiums on high powered autos by 50 percent arguing they have far higher accident losses than standard cars. President Dean W. Jeffers said studies show super powered models average 56 percent more losses and are more theft prone, making higher pricing fair and necessary.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
UPI
Nationwide Mutual Insurance Co
Nationwide
Dean W. Jeffers
Senate
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