Steel Price Hikes May Lift Costs Across Economy
Pittsburgh AP reports a new round of steel price hikes under study could quickly raise consumer costs on autos, appliances, and toasters. U S Steel Corp boosted two steel sheet grades by 5 a ton, with industry-wide follow-ons likely, potentially lifting prices on 62 percent of steel output this year.
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U.S. Steel Corp
U.S
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United Auto Workers Union
White House
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McNamara resigns as Defense Secretary to lead World Bank
McNamara accepts the World Bank presidency and will leave the cabinet early next year. White House and Johnson praise him as World Bank votes confirm the $40,000 yearly post. Speculation swirls over motives, with hawks and doves arguing about Vietnam policy and his departure timing.
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Robert S. McNamara
World Bank
Johnson
White House
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John B. Connally
Texas
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New York
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D-Ore
Oregon
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Indiana
Reuther Boycotts AFL-CIO Convention in Miami Beach
UAW President Walter Reuther says he will not attend the AFL-CIO convention to urge internal reforms aimed at making the federation more democratic. Delegates may push to act on his resolution despite his absence as Meany refrains from comment. GM talks delay a strike deadline to after the holidays to allow 380,000 UAW workers to receive holiday pay.
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Fla
United Auto Workers
Walter P. Reuther
Afl-Cio
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AFL Cio
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Meany
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UAW
General Motors Council
Detroit
Holiday season clash looms over foreign aid funds
In Washington the House backs a $2.196 billion foreign aid budget for 1967 68 while the Senate pushes to $2.7 billion The split hinges on a conference committee with leaders aiming to finish by December 22 as they anticipate a roughly $6 billion cut overall and fear a looming deficit of $35 billion in 1968 House critics warn against inflated aid purchases to underdeveloped nations and stress sticking to the lower appropriation.
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Senate
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Senate Appropriations Committee
Otto E. Passman
D-La
George H. Mahon
D-Tex
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Congress
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Ohio
GOP Committee
Divorce Problems Rise in Soviet Society Says Teacher
Moscow Soviet philosophy teacher A. Sidorenko says divorce and broken homes grow as youths confuse love with sex. He cites 26 percent of marriages ending in Kostroma region last year, compared with 18.2 percent nationally in 1965, and notes social ills follow.
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Moscow
Soviet Union
A. Sidorenko
Komsomolskaya Pravda
Communist Youth League
Volga
Sidorenko
Kostroma
America
Britain Green Breath Tests Cut Road Accidents
London police report a 42 percent drop in night time accidents in October after the October 9 breathalyzer law. Breath tests use chemically treated crystals. drivers exceeding 80 mg per 100 ml blood face fines and possible jail, refusal carries a fine.
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London
Britain
Scotland Yard
Stephen Swingler
Transport Ministry
Barbara Castle
Castle
News At A Glance Highlights From Global Briefs
B52 bombers strike suspected North Vietnamese positions in the DMZ after clashes with Marines. Cyrus Vance resumes Cyprus talks as Nicosia officials cite hold up on a Greek Turkish peace accord. A Soviet teacher cites rising divorce and broken homes. A British official says drink and drive law is working with curbside breath tests.
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U.S
Cyrus Vance
Makarios
Cyprus
Nicosia
Soviet Union
Bombs Rain On DMZ As U S Strikes North Vietnamese
U S B52 bombers dumped 150000 pounds of bombs near Con Thien and Gio Linh after fresh clashes along the DMZ. Marines reported 15 dead and 51 wounded with 14 enemy bodies found. Leary and air units supported the assault. Further fighting near Dak To and Mekong Delta outposts left American casualties and 19 Viet Cong killed.
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McCarthy Opens His Campaign for 1972 Bid
A Republican senator predicts Eugene J. McCarthy could build backing for a 1972 Democratic presidential bid as McCarthy launches his Vietnam dissent campaign. McCarthy makes his first declared speech in Chicago and begins a multi state tour with rallies, strategy talks, and high profile fundraising.
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Washington
Eugene J. McCarthy
Vietnam
McCarthy
Johnson
Chicago
GOP
Vance Rebounds On Cyprus Peace Talks Amid New Snags
U S envoy Cyrus Vance rushed back to mediate after a last minute hold up in Cyprus with Makarios pressing for unconditional guarantees. The plan calls for troop withdrawals within 45 days and a broader UN peacekeeping role, while Greece and Turkey stand firm on security guarantees and territorial integrity.
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Britain
France
Soviet Union
U.N
U Thant
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