Fed Audit Fight Highlights Independent Banking Power
The push to audit the Federal Reserve by GAO faces House rules committee roadblocks after backing from Rep Patman. The effort would require open books every three years, challenging the Fed’s claimed independence and its handling of government bonds valued at billions. Supporters decry the lack of audit as a public money issue, while opponents cite stability of monetary policy and banking sector lobbying.
MENTIONED IN THIS ARTICLE
Uestion
General Accounting Office
GAO
Federal Reserve System
Fed
House Rules Committee
Patman
Texas
House Banking and Currency Committee
Washington
House
Arthur Burns
American Bankers Assn
New York Federal Reserve Bank
Federal Reserve
Impeachment debate for Nixon dominates a weary America
The article argues against delaying Nixon’s resignation, saying a trusted republic rests on institutions, not a single man. It contends foreign policy continuity hinges on unity, not Nixon personally, and that resignation could strengthen the presidency by setting a constructive precedent while reducing national turmoil. It also suggests Ford and Rockefeller-era leadership would stabilize politics and improve GOP prospects.
Rhodes Legacy Faces Barriers to Female Rhodes Applicants
The article examines Cecil Rhodes's legacy and its male only scholarship rule, noting Ada Steinmetz of LaSalle College was denied a Rhodes Scholarship. It argues a parliamentary change could alter eligibility without undermining Rhodes's goals, while highlighting the enduring sexism in the endowment and the push for inclusion of women in the program.
MENTIONED IN THIS ARTICLE
Ada Steinmetz
LaSalle College
Philadelphia
Miss Steinmetz
London Bridge
C. J. Rhodes
Rhodes
Senate backs national day of humility and prayer
The U S senate adopted a Hatfield introduced resolution urging a day of humility fasting and prayer modeled on Lincoln s Civil War proclamation It calls Americans to confess national sins and seek clemency and forgiveness The piece questions whether Watergate and leadership failings deserve collective guilt and urges accountability before April 30 when Congress weighs Watergate verdicts and political motives.
MENTIONED IN THIS ARTICLE
U. S. Senate
Mark O. Hatfield
R-Ore
Abraham Lincoln
Hatfield
Congress
Trapping ethics and political critique spark reader letters
Readers debate humane trapping versus nature’s balance, praising biologists and season rules while defending trappers as humane. Letters also vent concern over federal homes, presidential spending, and political reform, urging honesty, diversity, and civic participation.
Ten years on smoking health saga shows stubborn habit persists
Washington observes ten years since the surgeon general’s landmark smoking and health report. despite bans, ads shifts, and airline smoking sections, per capita consumption edged down slightly yet overall cigarette sales rose from 524 to 583 billion. experts note uncertain cancer link and enduring social acceptance.
MENTIONED IN THIS ARTICLE
Washington
U. S
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Guyzette
Rules Committee
Mr. Patman
By James Reston
MONG
America
Republic
Lincoln
Nixon
Roosevelt
Kennedy
Ford
Brezhnev
Chou En-lai
United States
Western Europe
Japan
Middle East
Europe
Kissinger
White House
Rockefeller
Elliot Richardson
Richard Nixon
New York Times Service
Andrew Jackson
Cecil John Rhodes
Oxford University
By Don Oakley
Criinal
Newspaver Enterprise Association
People’s Forum
Trapping
The
Gazette
Iowa
Alaska
Hawaii
Pacific
Kydsy
By James J. Kilpatrick
James
Luther L. Terry
Pall Mall
Lucky Strike
Chesterfield
James J. Kilpatrick
Commission
Hem
Surgeons General
Washington Star Syndicate
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