Nixon Considers Veto Over Tax Bill Figures Revealed
Washington AP reports President Nixon told Senate GOP leaders he would seriously consider vetoing the $27 billion tax cut bill if it reaches the White House with current revenue reductions and presidential campaign finance provisions. The bill’s fate rests with a House Senate conference committee.
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Washington
Nixon
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Scott
Griffin
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Sexton Plans Fundraising For PWs After Homecoming
Detroit AP reports 23 year old prisoner of war John Sexton greeted a welcome crowd at Metropolitan airport declaring his intent to devote his time to raising funds for prisoners of war missing servicemen and their families. He had spent five weeks at Fitzsimans hospital in Denver recovering from illness and wounds suffered during two years of captivity.
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Detroit
John Sexton
Metropolitan
Sexton
Viet Cong
Pws
Denver
Fitzsimans Hospital
Collins Becomes Honorary Chairman as Wilson Named CEO
Arthur A. Collins, founder and longtime chief of Collins Radio Co., was replaced as chief executive by Robert C. Wilson during the board meeting. Collins will be honorary chairman. Willard Rockwell Jr. noted the firm’s need to leverage experienced staff, while Wilson assumes full leadership to guide Collins’ management forward.
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Cedar Rapids
Arthur A. Collins
Ofi. Collins Radio Co
Robert C. Wilson
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W. W. Roadhouse
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India claims three Pakistani planes shot down near Calcutta
India announces three Pakistani warplanes felled in a dogfight about 40 miles northeast of Calcutta while both sides report heavy fighting along East Pakistan borders. A fourth Pakistani fighter escaped. pilots bailed out and two were captured. Pakistan denies Indian involvement and calls for Security Council action.
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Iadio
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Jessore
ILN
Security Council
East Bengal
All India Radio
Chuckle on choosing a gift for Ralph Nader
A playful note suggests the hardest task today is picking a suitable gift for Ralph Nader. The idea lampoons the difficulty of pleasing a noted consumer advocate and activist.
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Ralph Nader
Board Upholds Merit Raises in Revised Guidelines
WASHINGTON AP The Pay Board ruled that employees may receive merit increases under pre November 13 practices, without regard to the 5.5 percent annual wage guideline. It barred firms from accelerating the rate of merit pay. The board handed IRS authority to decide on related requests.
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Washington
Internal Revenue Service
Speeding Up GI Release for Yule Christmas Curtailment
SAIGON AP Army spokes men say GIs whose Vietnam tours end by Jan 15 will be home for Christmas. Under the Christmas curtailment program any man with a year in Vietnam ending by that date leaves by Dec 23.
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Saigon
Vietnam
Collins Radio reports 3.08 per share loss in Q1 1971
Collins Radio Co directors report a first quarter loss of 3.08 dollars per share on 92.7 million dollars in sales. Net loss totals 6.8 million dollars, down from 3.1 million the previous year, with undelivered orders at 258 million. Officials expect Q1 to be the year's minimum quarter but forecast lower annual sales than 1971.
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Cedar Rapids News
Colling Radio Co
Hscat
Hie Collins
Cedar Rapids
Sheriff Attacks State Audit Of Johnson County
Johnson county supervisors and Sheriff Maynard Schneider condemned State Auditor Lloyd Smith during a Tuesday meeting. Schneider urged a private audit to expose alleged inaccuracies and claimed two sets of figures exist for Johnson County versus other counties. He questioned management oversight and accountability while accusing Smith of personal vendetta and cross familiarity with county issues.
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Jowa
Johnson County Board of, Supervisors
Maynard Schneider
Lloyd Smith
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Smith
Johnson County
Board of Supervisors
Bob Burns
State Historical Society
Army to penalize five officers over Firebase Mary Ann attack
Five high ranking officers including Major Gen James Baldwin face administrative action for the March 28 1969 Firebase Mary Ann attack in Vietnam. Baldwin is accused of failure to ensure adequate defenses and was reassigned. Westmoreland had urged reprimand and demotion but Froehke approved a reprimand only.
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Utah
Treasury
Aiken
Washington
Army
U.S
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Americal
Robert Froehike
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Vietnam
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Westmoreland
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Chu Lai
Omaha
Samuel Koster
George Young
Market Down as Dow Sags Below 800 Again
New York stock market weakness persisted Tuesday as shares slipped after a brief rally attempt. By 2 pm, the Dow Jones average stood at 795.49, down 7.66 points, threatening its first close below 800 since December 1, 1970.
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