Coffee Export Pact Sparks Editorial Debate on Markets
The editorial criticizes an agreement by 21 coffee producers in London to cap exports at 11 million bags in early 1973. It argues artificial quotas raise prices for consumers, trap one product economies, provoke tension over shares, and undermine free competition which could lower prices.
MENTIONED IN THIS ARTICLE
London
U.S
Colombia
Paul Harvey on optimism amid national gloom in 1972
Paul Harvey argues 1972 ends with a booming economy and improved world conditions yet Americans remain pessimistic about enjoying prosperity. He cites stock records, a controlled dollar erosion, advances in science and environment, and a hopeful future despite widespread unease and cautious living.
MENTIONED IN THIS ARTICLE
Paul Harvey
Dow
Jones
Students study law through a case method in Redwood City
Seventh and eighth graders in Redwood City California follow a single case from start to finish to learn how court work unfolds. Judge Roy W. Seabraves designed the casebook style lesson to show consequences of unlawful acts on the offender family community and justice system. The program argues for informing youth about crime’s toll on society and cites Proverbs 22 6 to frame moral guidance.
MENTIONED IN THIS ARTICLE
Redwood City
Calif
Roy W. Seabraves
San Mateo County
Dope Smuggling Ties Tarnish Vietnam Air Force Aid
A GAO report warns that aid to South Vietnam’s air force spurs narcotics smuggling. U.S. and Vietnamese officials clash over corruption, with airfields and aircraft aiding heroin shipments and little interdiction. Ambassadors pressure Thieu to crack down on big traffickers.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
U.S
Southeastia
General Accounting Office
Air Force
Air Force Brass
South Vietnam
United States
Vietnam
Iff
Saigon
Francis Watapie Cannaea
GAO
Ellsworth Bunker
Nguyen van Thieu
San Francisco
1972-73 Economic Trends Highlight Inflation and Wages
AP analyst surveys stock, wages, prices and taxes shaping 1973. Tax rebates totaling at least 7 billion dollars offset withholding tweaks. prices in 1972 grew slowly but may accelerate in 1973, with food prices rising. Wage trends stay active across construction, electrical gear, rail, trucking, autos and rubber sectors, amid inflation risks and possible wage–price controls. Federal spending deficits drive inflation concerns. stock funds may recover slowly as investors seek savings and tangible assets.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Great Atlantic & Pacific Tea Co
Arthur Burns
Federal Reserve Board
Chamber of Commerce of the
United States
U.S. aid to Bangladesh outruns criticism in postwar view
NEA correspondent notes Washington supplied 320 million dollars in relief and reconstruction aid to Bangladesh during the Pakistan war, more than India or Russia. The United States pledges future development support, including rural programs and agricultural improvements, countering anti American framing of the aid effort.
MENTIONED IN THIS ARTICLE
Ray Cromley
Nea
Washington
Pakistan
U.S
Bangladesh
India
United States
Russia
Canada
Austrlia
United Kingdom
Scandinavian
East Pakistan
New Delhi
The Capital Scene Presidents are supreme in foreign affairs
Williams-White argues Truman defined presidential foreign policy and the buck stops with the president. He credits Truman's stance on decisive action without Congress, notes that Nixon Johnson Kennedy and Truman all upheld executive power, and praises Truman for spurring clear limits on divided voices in foreign policy.
MENTIONED IN THIS ARTICLE
Washington
Harry Truman
White House
United States
Vietnam
United States Senate
Nixon
Johnson
Kennedy
Truman
Ander
Congress
New House adopts electronic voting machine on Capitol Hill
The House implements an electronic voting system to speed roll calls. Lawmakers will press buttons as lobbyists pull strings and citizens pay. The piece jokes about slowing the President and hopes the machine records a tilt when voting on new taxes.
MENTIONED IN THIS ARTICLE
House of Representatives
Capitol Hill
Congress
Biddeford Saco Journal masthead and misc details
The Biddeford Saco Journal lists Wm. E. Foster 1881 1963 and Alta W. Foster 1891 1971 among staff, with B F C Whitehouse 1889 1972 and W Paul Casavant publisher and E P Ingalls managing editor. Gladys M. Whitehouse is president and treasurer. business office numbers 283 3625 and 282 1535. Subscription rates and AP affiliation noted.
MENTIONED IN THIS ARTICLE
Wm. E. Foster
Alta W. Foster
Associated Press
Mathews-Shannon-Cullen Inc
3Rd Ave
New York City
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