Nixon Tackles One Bank Holding Companies curb plan
President Nixon urged Congress to regulate one bank holding companies to curb power centers dominating the economy. He promoted an administration bill to bring such banks under federal control and limit expansion into unrelated fields. House Banking chair Patman called hearings to start next Tuesday.
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Patman
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One-Bais Holding
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Commin Mergtes
Dangerous fuel spill closes road after truck overturns
A truck overturned on highway 63 near Oskaloosa spilling about 3,500 gallons of methyl alcohol. Fire crews evacuated four houses and routed traffic due to flammable liquid, with authorities saying no injuries. A second truck from Des Moines was sent to transfer part of the alcohol and restore traffic by 5 a.m. Driver Cary Vinetnt, operating Wittinden Solvents Co. of Birmingham, Ala, was returning from Birmingham.
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Highway 63
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Des Moines
Cary Vinetnt
Wittinden Solvents Co
Birmingham
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