Federal Funds in Iowa Rise With 1970 Spending Report
A first of its kind Iowa report shows federal spending in 1970 totaled about 2.26 billion dollars with per person averages of 441 dollars. Linn and Jones counties received substantial sums, while Los Angeles County's 2.7 thousand dollars per person dwarfed Iowa. Major recipients include Health Education and Welfare and Agriculture with local universities receiving large shares of HEW funds.
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State Office of Program and Planning
A. Thomas Wallace, Jr
Tows
I Liat
Lian County
Los Angeles County
Calif
Department of Defense
Linn County
State Department
Post Office
Towa
Department of Health, Education and Welfare
Department of Agriculture
Postal Department
Veterans Administration
Ina
Iowa
Iowa’ State
Ames
University of Iowa
Iowa City
University of Northern Iowa
ISU
Towa U
Walsh Opposes Freeway Linking Cedar Rapids to Dubuque
Iowa state Senator John Walsh from Dubuque opposes a proposed four lane freeway between Interstate 80 and the Amana interchange that would connect Cedar Rapids to Dubuque. Walsh, chair of the transportation committee, outlined objections in a joint letter with Senate Majority Leader Clifton Lamborn to the highway commission. The letter argues the Inter state 349 project is unjustified based on listed reasons.
MENTIONED IN THIS ARTICLE
the Gazette
John Walsh JR
Walsh
Senate Transportation Committee
Senate
Clifton Lamborn
Highway Commission
Cedar, Rapids
Amana
Judge Wallace Order Declared Moot by Federal Judge
In Birmingham Alabama a federal judge ruled Gov George Wallace executive order to desegregate Jefferson County schools meaningless in a desegregation suit. Judge Sam Pointer said the school board must follow court orders not the governor and Wallace action was a mere show of power.
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Birmingham
Ala
George Wallace
Jefferson County School Board
Cedar U. S
Sam Rapids
Laws
Pointer
Cedar
Wallace
Judg
Show Board
Today's Chuckle: Confidence in Rover dent plans
A humorous note speaks of booking vacation reservations ahead of income tax refunds. It references a Rover and a deposit, suggesting optimistic planning despite pending funds.
MENTIONED IN THIS ARTICLE
Keren
Connally Says Nixon Plan Will Bring Stability
Secretary Connally predicted a period of stability from Nixon's wage price and other economic measures to curb inflation and restore consumer confidence. He called the package sweeping and courageous, denied it signals policy failure, noted the dollar float, and stressed voluntary price controls with sanctions. He warned of no war on markets but expected talks to ease trade barriers and push fair trade worldwide.
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Washington
Secretary of the Treasury
John Connally
Nixon
Connally
The
Treasury
Tlon
Ameri “Carl
America
U. S
Congress
Detroit
Nore
Congress Groes
Not Everyone Stood In Line for a Bottle
Waterloo police arrested seven people Sunday night amid three nights of disturbances. youths complained of unemployment as windows shattered at a grocery, a telephone booth overturned, and a firebombing occurred near a small factory.
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Waterloo
Sre
Twa
St. Vincent de Paul
Ater
Record Trading Pace Follows Nixon Steps
New York AP reports a rally as Nixon policy moves sent the Dow to 884.49 up 28.47, with record NYSE volume at 23.27 million by 3 pm and first-hour volume breaking prior records. Trading paused in several commodities while blue chips like Chrysler Ford U S Steel and Du Pont rose, and investors, including big blocks, pushed many issues higher amid broad gains.
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Dow Jones
Gentral Motors
New York Stock Exchange
Milion
Chrysler
Ford
U.S. Steel
du Pont
Change
Nixon
Dollar Comes Under Fierce Pressure
London reports the dollar under heavy pressure as major European markets close awaiting Nixon’s steps to defend the dollar. European exporters worry about the 10 percent surcharge on durable goods, while Japan’s central bank backs the dollar at 257.97 yen as banks absorb over $600 million in support amid market holidays in Britain, West Germany, Switzerland, Sweden, Norway, Malaysia, and South Africa. France Belgium Luxembourg observe a Catholic holiday.
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London
Nixon
Europe
Orient
Japan
Bank of
Nixon orders broad economic freeze to Nov. 12
President Nixon imposes a price and wage freeze across housing goods and services through November 12 with fines up to five thousand dollars for violations. Tax changes and exemptions rise next year while many imports and salaries stay capped, and a small government office will oversee compliance.
MENTIONED IN THIS ARTICLE
Congress
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