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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Aug 16, 1971

Page

2

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.

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.

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.

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.

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.

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.

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.

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.

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.

Congress

Also Mentioned on This Page

U. S. Treasury Ling Defense al- Jamakee University Funds Iowa U Independence Toledo Anamosa Walsh Cool Dubuque Gazette By Gary Peterson Old Capitol Town City Cedar Rapids Marion Liquor Commission Lhairman Kenneth Anderson Rod Blake Center Point Road They Gazette Blake Harold Miller Fifth Avenue SE Howard Taylor C Street SW Sid Po- Hoe D. H. Kimball Today's Index Daily Record Farm Marlon Meartes NW Society Ae Ptt Eee New York Chicago Board of Trade Sig Board Bradbery Thurlow Brokages Hoppin. Watson Richard Gusick Treves Co Wall Street UPI
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