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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 21, 1971
Page
3
London reports the American dollar facing volatile trading after Washington’s devaluation agreement. Banks in Italy and Japan act to curb dollar strength while dealers note fair activity with about $65 million exchanged. Paris and Amsterdam show the new parities as markets reopen with mixed early gains.
A lighthearted reflection on growing older and how perceptions of time and cold weather change with age. The piece uses playful wording to suggest patience and humor as days pass.
Coast guard identified two men from a town and a San Diego woman among the dead aboard the 61 foot Mr. Tucker during an attempted hijacking off the Texas coast. A second woman sustained gunshot injuries. the ship allegedly hijacked from Freeport and regained by crew before dawn.
MILWAUKEE UP T reports David Sellnow and his wife saw dollars fall from the sky while driving. They stopped and gathered 246 dollars before wind scattered some. They delivered the money to Greensdale police. The bank traced the slip to Ty Lo gas station operator Steve Jakubowski who said he had an envelope with about 500 dollars on his car roof and forgot it there.
President Nixon and Prime Minister Meath ended two days of talks in Bermuda with a guarded agreement to pursue East West security arrangements for Europe. They examined Berlin, European security conferences, and East West trade issues while signaling no immediate changes to American troop levels in Europe. Talks noted tactical differences but stressed shared aims of peace and freedom, with announcements on tariff surcharges and developing nations trade preferences.
Diplomatic sources said Kent State University offered U Thant a distinguished professorship. U Thant will retire December 31 after 10 years as secretary general. University president Glenn Olds is cited as a friend and former U.S. representative to the Economic and Social Council.
Senator Edmund Muskie cancels planned fundraising events in California due to an influenza illness. Officials say the trip to Palm Springs is postponed as Muskie recovers.
An explosion in a 12 story residential tower in Argonne Neuil near Paris killed six and injured 107 as walls collapsed and glass shattered. Firemen evacuated a nearby school and residents described the blast as extremely powerful with people thrown from windows.
Collins Radio Co plans further cuts and partial vacating of its Thirty-Fifth Street plant as it seeks to reverse a minivan crisis while optimism grows for a 1972 rebound. Officials warn of ongoing financial problems and potential additional changes to stabilize operations and preserve customers. Meanwhile Soviet deals and North Vietnamese defenses are complicating U S air efforts in Laos and along the Ho Chi Minh trail with several U S aircraft shot down recently.
Toronto police report three arrests in a Windsor Ontario Royal Bank heist. About $1.129 million stolen last Saturday was recovered, including a suitcase stash. Suspects William Ferguson 41 George Davidson 29 and Edna Simpson 66 face armed robbery charges. one more suspect remains at large. The 12 minute film featured robbers dressed as janitors with pails.
Collins Radio Co. re elected six directors at its annual meeting after it opened Nov 23 and adjourned for Roadhouse resignation. Directors named included Arthur A Calling R L Catter W Hubbard D D Nyquist H M Passman and W W Roadhouse with Robert O Wilson succeeding as president. About 150 of nearly 10 000 stockholders attended the Tuesday session in Dallas.
In Pontiac Michigan Jack Alan Wilson sues for 10000 claiming Sylvia Wagner's father Joseph Wagner promised payment if he would marry someone else. The judge said such a contract to avoid marriage is void and the case settled out of court with details undisclosed.
In Laos the North Vietnamese forces and Pathet Lao recaptured the Plain of Jars with two remaining government posts falling after heavy attacks. U S airpower lost four planes while aidingThai and Laotian defenders. Enemy anti aircraft fire hindered evacuations as two allied positions near the plain remained under attack.
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