GOP Ready To Dump Tax Reform
Senate Republicans claim 43 votes against tax reform changes to the surtax extension bill. They expect enough Democrats to back amendments on other issues to defeat them. Key disputes arise over oil depletion allowances and timing for bringing the surtax extension to a Senate vote, with leaders predicting action later in August.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Finance Committee
Clinton P. Anderson
New Mexico
Abraham A. Ribicoff
Connecticut
Mike Mansfield
Democratic Policy Committee
Mansfield
Everett M. Dirksen
Illinois
John J. Williams
Delaware
GOP
Williams
Stock Exchange Opens Door to Public Ownership
The New York Stock Exchange board endorsed public ownership of member firms, allowing public purchase of brokerage shares and possibly granting exchange membership to financial institutions such as mutual funds, pension funds, and insurance companies. A formal decision may follow at the Sept. 18 policy committee meeting.
MENTIONED IN THIS ARTICLE
New York Times News Service
New York
New York Stock Exchange
Exchange
Robert W. Waack
Cleaver Calls Apollo 11 Moon Shot a Circus in Algiers
Eldridge Cleaver, ex Black Panther, now in Algiers as Pan African Festival guest, calls the Apollo 11 mission a circus. He refuses to discuss eight months of whereabouts, says he may travel as Ramparts roving editor and plans to return to the United States if possible.
MENTIONED IN THIS ARTICLE
Eldridge Cleaver
Algiers
Cleaver
Moon
Algeria
United States
Cuba
FBI
Gust
Ramparts
U.S.A
Reagan
Panthers
Oakland
Calif
Havana
Marc Stone
GNP Rises 16.5 Billion In Second Quarter
Washington AP reports the Commerce Department records a second quarter GNP rise of 16.3 to 16 5 billion at an annual rate around 925 billion, with forecasts to 933 billion by year end. Chief economist Chartener notes price increases near 1.4 percent and production up slightly, keeping inflation reduction plans on track.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
William H. Chartener
Chartener
Foes Block Early Action On Safeguard Debate
Washington AP reports opponents and supporters of the Safeguard ABM clashed in a 5 hour 45 minute Senate secret session with charts and heated exchanges. Senator Symington plans a second closed meeting within 10 days as leaders race to action before the August 13 recess on a $20 billion defense bill. Most observers say minds remained largely unchanged with 92 to 93 of senators in attendance at times.
MENTIONED IN THIS ARTICLE
Washington
Senate
Stuart Symington
D-Mo
Mansfield
Scientists Back Nader On Baby Food Warnings
Five medical scientists told a Senate committee that seasonings in baby foods, notably salt and monosodium glutamate, may be harmful and unnecessary. They backed Ralph Nader’s warnings, urged removal from the FDA GRAS list, and cited industry testimony about sales pressure to keep additives.
MENTIONED IN THIS ARTICLE
Washington
Senate
Ralph Nader
Nader
Lewis K. Dahl
Brookhaven National Laboratory
Senate Committee On Nutrition and Human Needs
Dr. Dahl
Dahl
John Olney
Washington University
St. Louis
Herbert Schaumberg
Massachusetts General Hospital
Robert Byck
Albert Einstein College of Medicine
Samuel J. Fomon
University of Iowa College of Medicine
Byck
Food and Drug Administration
Also Mentioned on This Page
San Franciscan
Wow
Tyler ST
DIAL
Berkshire County
New England
Winmar Industries, Inc
LENOX
Mass
Symington
U.S
Henry Jackson
D-Wash
Pentagon
Charles E. Goodell
R-N
Wallace F. Bennett
Rulah
ABM
Jackson
Melvin Wilson
Gerber Products Co
Wilson
Gerber Products
Wilsor
Gerber
H. J. Meinz Co
Coca-Cola Co
George S. McGovern
South Dakota
H. J. Heinz Co
Coca-Cola
North ST
Acousticon
Mr. Becker
Manker
Wilson’s
Pittsfield- Lenox Rd
Aluminum
ICE
ADJ
Super Surfer
POLY
Yamaha
Ronnie
Wahconeh St
Pittsfield
Tel
Cycle Sales & Service
Alger St
Adams
Smith’s Rent-Alls
East St
South St. Ream
Opticians
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