Dollar slides in Europe as yen holds line
European traders report heavy selling of dollars as the US currency weakens against the pound and other currencies. In Tokyo, the Bank of Japan spends about 110 million dollars to meet demand as Toshio Kimura reiterates no unilateral yen rise. The yen’s stance and talks among major powers shape the crisis and Nixon policy aims for cheaper American imports.
MENTIONED IN THIS ARTICLE
London
Tokyo
Bank of Japan
Dapan
Toshio Kimura
Europe
U.S
Nixon
Peking Attacks Nixon Dollar Policy As Imperialist Plunge
The New China News Agency said Nixon's dollar policy is an unpopular measure of US imperialism causing the gravest postwar monetary crisis in the capitalist world. It warned the crisis is still developing and that the move aims to fleece American workers and shift financial woes abroad.
MENTIONED IN THIS ARTICLE
Tokyo
Red
China
Nixon
New Ching
Nizon
U.S
School Lunch Rules Draw Directors Warning From States
The lunch directors of 33 states accuse Agriculture of halting programs with new Aug. 13 spending ceilings. They warn final rules due Sept. 1 could end programs in many places and block expansion to feed an estimated 3 to 5 million hungry children.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
America
Act To Bolster Housing Market
Government moved to bolster the housing market by funding initiatives to stabilize interest rates and expand funds for lending. The Federal Home Loan Bank Board announced plans to free $800 million for savings and loan associations, reducing minimum liquidity requirements to increase home loan funding.
MENTIONED IN THIS ARTICLE
Washington
Federal Home Loan Bank Board
Federal Home Loan Mortgage Corp
Federal Housing Agency-Veterans Administration
Mortgage Loan Corporation
Preston Martin
Home Bank Board
Nogels Whig
Department of Housing Land Urban Development
Radl argues no damage from veto on travel bans
Lisbon state Rep. Richard Radl says Iowa would suffer no financial harm if the executive council bans travel requests by state employees for two years. He urged a firm policy on trips, praising a move to curb expenses after the council briefly backed down on allowing an IE BN official to attend a trade fair in Yugoslavia.
MENTIONED IN THIS ARTICLE
Lisbon
Iowa
Richard Radl
Dlisbon
Rad
Council
Andor
Zagreb
Yugoslavia
John Montgomery
Iowa Educational Broadcasting Network
IEBN
U.S. Information Agency
U.S
Broad Prison Break Plot Said to Involve Many
AP reports San Quentin’s failed escape may reflect a larger plan using guard uniforms. Raymond Procunier said it involved more than George Jackson and John Spain, with others possibly to follow. Jackson seized a pistol during a routine search, triggering a deadly sequence at the prison’s maximum security unit.
MENTIONED IN THIS ARTICLE
San Quentin
Uni
California
Mays
George Jackson
John Spain
Raymond
Procunier
Jackson
Spain
Tan
San Quentin Adjustment Center
John Clutchette
Fleeta Drumga
Soledad
Ruchell
Procunior
Soledado Brothers
Too Young To Be President Sues Government
Vernon E. Weems, 23, of Waterloo, filed a Cedar Rapids federal suit seeking 3.1 million dollars and costs to challenge the U S age requirement for the presidency. He argues 35 years bars underage citizens from seeking office and says lowering voting age to 18 implies lowering all age limits for president, senator, and representative. The complaint cites current ages for senator at 30 and representative at 28 and notes no clear target ages.
MENTIONED IN THIS ARTICLE
Coder Repits Keee
United States
Cedar Rapids
Vernon E. Weems
Waterloo
Weems
22 Year Old Full Professor At University Of Chicago
Charles Fellerman, age 22, has been named full professor of mathematics at the University of Chicago, possibly the youngest in U S history. He skipped high school, earned a Maryland bachelor’s at 17, a Princeton doctorate at 20, and taught at Princeton before joining Chicago. He hails from Silver Spring Maryland and plans a Maryland visit to his parents after a conference in California.
MENTIONED IN THIS ARTICLE
Chicago
Charles Fellerman
University of Chicago
University of Maryland
Carties
Silver Spring
U. S
Fefferman
Princeton
University of California
Maryland
Hussein warns Arabs of war disaster and seeks interim talks
King Hussein told Al Nahar that another Arab-Israeli war would be a disaster and cost more territory to Israel. He urged coordination of policies and a joint Arab force, offered to let other states station troops along Jordan’s ceasefire line under Jordanian command, and indicated openness to an interim settlement without details.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Hussein
Jordan
Israel
Jerusalem
al Nahar
Sadat
Abc-Tv
Egypt
Suez
Stocks Advance as Morale Rises Over New Economic Plan
New York stocks rose sharply as investor confidence grew about the administration's antiinflation program. Treasury Secretary Connally suggested measures after the 90 day period, while Stans noted talks with business leaders on ongoing controls. Hussein criticized Arab states for pressuring Jordan to take steps on the Palestine question amid ongoing peace efforts. The article notes executives warn profits are slipping under current policies and dismisses Meany's claim that the freeze was a bonanza for business.
MENTIONED IN THIS ARTICLE
Stans
Treasury
Connally
Hussein
Palestine
Saudi Arabia
Jordan
Stans Signals Post Freeze Wage Price Controls Plan
Commerce Secretary Stans said a form of mandatory wage price controls will be required after the expiration of Nixon’s nine day wage price rent freeze set to end November 12. He belongs to the Cost of Living Council tasked by Nixon with this policy effect.
MENTIONED IN THIS ARTICLE
Washington
UPI
Commerce
Stans
Nixon
Cost of Living Council
Viet Military on Yellow Alert During Saigon Elections
In Saigon the U S command raised its alert level for 220000 American troops to yellow amid South Vietnam elections next Sunday. Guards wore flak jackets as a grenade struck a US vehicle in Cholon with no injuries reported. Senior officers say the move limits GI movement to deter anti government and anti American demonstrations and Viet Cong attacks during the political crisis.
MENTIONED IN THIS ARTICLE
Saigon
U. S
Vietnam
Creighton Abrams
South Vietnam
Mekong
Demilitarized Zone
U.S
Perssonnel
Omer
Cholon
Exchahge
Thieu
Page
Cal
No Action Proposed After Texas Wage Freeze Meeting
Assistant Attorney General L Patrick Gray said he will recommend no legal action against Texas after a meeting with Texas Attorney General Crawford Martin. He was satisfied with assurances that pending salary increases for state employees and teachers would not be issued in defiance of the wage price freeze.
MENTIONED IN THIS ARTICLE
Washington
Texas
L. Patrick Gray
Gray
Abmey
Crawford Martin
Small cava advantage in traffic jams noted
A brief remark highlights an unusual benefit of small cava by suggesting they allow twice as many to fit into a traffic jam, though the remark appears whimsical and unclear.
MENTIONED IN THIS ARTICLE
Caavtiett
Also Mentioned on This Page
Peking
Madrid
UPL
Las Palmes
Canary Islands
Com Rochester
N. C
Frankfurt
Mercury
Marquis
Webster
Danian
Barajas
Radl
Frank Nye
Executive Council
Rep
Richard
Mnst
da Nang
Americal
Maximum Security Adjustment Center
Stephen Bingham
Freed
Precurier
Today's Index
U Society
CNT
Cma
Felfecmar
New York
Uon
U.N. Security Council
Ihe
Afl-Cio
Meany
Gls
Abrams
Cmdr
Gene Smith
U. S. Command
Lael
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