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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 20, 1971
Page
3
Washington reports that July CPI rose two tenths of a percent, the smallest gain in six months. Declines in clothing and transportation offset continued increases in food housing medical care and recreation. The measure lifted the index to 121.8 on the 1967 base.
Revised government reports show the economy expanding modestly in the second quarter with GNP at an adjusted annual rate of 1,011 trillion dollars, up 3 percent and inflation easing to 4.1 percent. Corporate profits climbed to an annual 82 billion, while durable goods orders rose 2.5 percent led by autos and aerospace. shipments fell and unfilled orders declined. Living costs rose 4.4 percent year over year, grocery prices up while clothing fell, and the dollar's value compared with 1967 remained uncertain.
Ralph Nader testified that General Motors appeared to know in advance of the Sunday wage price freeze and tried to beat the deadline by selling 1972 models at new prices. GM denied the charge, stating no advance knowledge and calling Nader's allegations false. Senator Frohmire pressed for documentation as Nader offered none. Treasury Secretary Connally said he spoke with GM Chair Roche before Nixons announcement, but had no further details on GM price structure.
Saigon reports warn of a possible U S aid reduction as President Thieu faces the prospect of being unopposed in the Oct 3 election after Minh quits the race. Senator Dole and Ambassador Bunker warned Congress may react with pressure or conditions on funding.
DES MOINES Widespread anger over the Old Capital whisky bottles prompts the state liquor commission to apologize for withholding cases. Officials say remaining bottles will be placed on store shelves soon and sold on a first come, first serve basis. The commission defends local managers who kept back bottles for employees and special customers, saying managers may decide handling of limited quantities while stores are run to serve the public. Governor Ray urged return of bottles and criticized the policy amid complaints that public sale was blocked.
In Saigon on Friday, Ky loyalists clashed with South Vietnamese police at the funeral of a disabled veteran who self immolated Monday. Witnesses say Ky’s armed guards ordered police away while M 16 rifles were leveled, and a plainclothes officer was beaten by students after attempting to join the march.
Lt. Gen. Albert C. Connors reduced William Calleys life sentence for the My Lai killings to 20 years at Fort Benning. The action, the first in the military review, follows Nixon's earlier involvement and leaves open further appellate steps in the Calley case.
Des Moines officials report a roller coaster at the Iowa State Fair midway was ordered closed after inspectors found structural shortfalls. Century 21 workers replaced supports with concrete blocks while vowing to reopen within days. Governor and officials praised cooperation as safety crews promise round the clock maintenance through Aug 29, with calls for mandatory amusement ride inspections in Iowa.
Arthur E. Zaller, 45, of Des Moines was appointed by Town Commerce Commission Chairman Maurice Van Nostrand to head the troubled utilities division. He succeeds Tom Bolton, 33, a Des Moines attorney who previously held the post.
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