Wounded Knee Trial Opens in Cedar Rapids
Jury selection began Monday in Cedar Rapids federal court for three remaining American Indian Movement leaders in the 1973 Wounded Knee occupation case. Carter Camp Leonard Crow Dog and Stanley Holder face charges including assaulting a postal inspector and stealing a government pistol at Pine Ridge. Defense seeks to frame the incident as disarming rather than robbery. Continuous juror questioning to gauge prejudice proceeds amid unusual advisory group for defense.
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Good Economic News On Inventories and Orders
Washington reports inventories fell 0.8 percent to 1.15 billion, the steepest drop since May 1958, while April factory orders rose 6.4 percent to 78.59 billion, the largest monthly gain since December 1954. Durable goods led with a 9.7 percent surge, the biggest rise since December 1967, and shipments climbed 4 percent to 80.14 billion, the first gain since October 1974.
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Sharp Stock Gain Pushes Dow To 848.17 On Monday
The stock market posted its second strong advance in as many days with the Dow Jones average rising 15.88 points to 848.17 by 2 p.m. after a 17.29 uptick on Friday. The upbeat move reflects renewed investor confidence in the market.
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New York
Man Delays Plan Procrastinates About Procrastination
A punny note says a man chose to procrastinate and never got around to starting the task. It plays on delaying decisions as a humorous curbside joke with a tongue in cheek punchline.
FTC Seeks to Abolish Prescription Drug Price Ads
The Federal Trade Commission proposed rules to end state bans on advertising prescription drug prices. FTC chair Lewis Engman said price variation in the same town exceeds 200 percent, suggesting consumers miss opportunities to save on the 6.7 billion dollars spent yearly. The plan would not require ads but would scrap prohibitive laws in 33 states amid legal and professional opposition.
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Peace Prize Winner Sato Dies in Tokyo at 74
Eisaku Sato former Japanese prime minister and Nobel Peace Prize laureate died in a Tokyo hospital at 74 after a stroke and coma that began May 19. At his bedside were Mrs Sato and the couple's two sons. He oversaw eight years in office and helped Japan become an economic giant while opposing nuclear weapons. His resignation in 1972 followed a policy of closer ties with the United States. He highlighted the Okinawa reversion to Japanese rule in 1972 as a historic achievement.
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U.S. envoy eyes entry to Zaire to meet guerillas
Peter Steiner, University of Michigan economist, offers to negotiate with Marxist guerrillas holding three hostages in eastern Zaire for Stanford and the hostages' families. He would enter from Burundi with Burundi’s consent, needing Mobutu’s approval. Guerrillas demand 500000 dollars, arms, and release of leaders, with threat to kill by mid July. Tanzania rejects ransom and U.S. policy remains unchanged.
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Beverly Carter
Talks Optimistically as Summit with Sadat Ends
Ford and Sadat wrapped a two day Salzburg summit with optimism on a Middle East peace formula within a month. Sadat praised the personal rapport while cautioning that no substantive details would be disclosed. Officials said no final judgments or decisions had been made and that approaches to peace would be discussed in Cairo.
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Israelis Withdraw Forces From Sinai as Peace Gesture
Israel announced a staged withdrawal of tanks and artillery from near the Suez Canal as a peace gesture to Egypt to reopen the waterway. Rabin said half the tanks and all artillery would move back, with missiles behind a 24 mile line and front lines cut by half to 3,500 troops. Egypt’s stance on reopening and shipping remained key. In Beirut, truce held between Moslems and Christians after fighting in Damour left four dead and five wounded. US intelligence reported Syrian armor moving from the Golan Heights, possibly easing regional tensions amid a Syria Iraq dispute.
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Rockefeller says CIA violations not major in scope
Vice president Rockefeller told reporters that the CIA has broken the law but is not guilty of large-scale illegal activity after a five month Rockefeller Commission review. He said the panel found some actions contradicted statutes yet nearly unanimous conclusions supported extensive reforms to prevent future abuses.
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Ray Favors Gas Tax Plan For Road Revenue
Gov. Robert Ray signals serious consideration of a bi party plan to tax gasoline to boost highway funding. He noted possible steps only if federal gas tax increases without rebates to states, comment at Monday news conference. He cited support from Lt. Gov. Arthur Neu and House Senate leaders. Ray must act by Tuesday midnight on 23 bills, including a $378.3 million 1975 76 school aid measure with a new growth aligned formula. He hinted possible item veto limits amid state court rulings on aid to nonpublic students.
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Des Moines
Robert Ray
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