U S Rebuff on Currency Crisis Sparks Wide Dispute
Rome AP reports major currency powers and Britain rejected a U S compromise to end the postwar monetary crisis. European nations demand dollar devaluation against gold, a move the United States has refused. West Germany called the plan a shocker as France warned against it. The U S offered to drop the Aug 15 import surcharge if others revalue upward by about 11 percent, including 20 percent for the yen and 15 percent for the mark, a proposal presented by Paul Volcker at a three day non Communist powers conference. The plan marked a rare start toward settlement after months of deadlock.
MENTIONED IN THIS ARTICLE
Rome
Britain
U.S
Valery Giscard d’Estaing
France
Nixon
Group of Ten
Paul Volcker
Treasury
Sky pirate hijacking ends hunt for all but FBI
In Woodlawn Washington a hijacker vanished with $200000 and two parachutes after forcing a Northwest Airlines flight to Seattle. FBI teams continue pursuing leads in Portland and Seattle while local agencies turn to other duties. The search targets Woodland area based on flight data, with officials noting the hijacker planned carefully and used military style chutes.
MENTIONED IN THIS ARTICLE
Woodland
Wash
FBI
Portland
Seattle
Northwest Airlines
Reno
Clark County
Cascade Mountain
Washington
Boeing
Two-Semi Crash Kills Iowan 41 At I 80 Interchange
George F. Vannatta Jr., 41, of rural Adel, died in a two semi crash on Interstate 80 five miles west of Iowa City at 3:25 a.m. A second eastbound semi driven by Darwin Smith, 47, of Waterloo, spilled corn and survived with a passenger, Bernard Helm, 51, also of Waterloo, treated for neck injuries. Both trucks overturned and spillage closed the eastbound lane for about six hours, diverting traffic onto local roads.
MENTIONED IN THIS ARTICLE
Iowa City
George F. Vannatta, Jr
Adel
Here
Highway Patrol
Vannatta
Darwin C. Smith
Waterloo
Smith
Bernard Helm
University
Mrs Gandhi calls for Pakistani withdrawal from East Pakistan
Indian Prime Minister Indira Gandhi urged Pakistan to withdraw troops from East Pakistan citing a threat to India’s security. She told Parliament that a Pakistani withdrawal would pave the way for peace and warned against world misreadings of the crisis, while opposing U.N. intervention and noting Indian forces’ presence in East Pakistan.
MENTIONED IN THIS ARTICLE
New Delhi
Indira Gandhi
East Pakistan
Mrs. Gandhi
India
Pass Up Raise to Rehire 1,050 GM Frigidaire Workers
Dayton, Ohio, UPI reports Frigidaire division of General Motors signed a historic contract modification with the International Union of Electrical Workers. Five thousand workers will forego pay raises to recall 1,050 laid off workers, with 200 to be recalled next week and 850 by February. The move cancels an $18 per week raise and cost of living increases as parity with competitors is sought.
MENTIONED IN THIS ARTICLE
Dayton, Ohio
UPI
Frigidaire
General Motors
International Union of Electrical Workers
Harold Campbell
Nixon Flight to Peking Set for February 21
President Nixon will fly to Peking on February 21 1972 to begin a landmark mission aiming at normalizing relations with the People's Republic of China. White House briefings promise to reveal trip length route and other details within 24 hours.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Peking
China
White House
Ronald Ziegler
United States
Hitches
Ziegler
Washington-Peking
People’s Republic of China
United States of America
Moscow
Soviet Mars 2 puts pennant capsule on Mars
Tass reports the unmanned Mars 2 probe captured a capsule bearing a Soviet flag and entered Mars orbit after launch on May 19. Mars 3 remains en route while Mariner 9 already orbits Mars and both missions carry lander gear to seek life.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Soviet Union
Mars
Tass
Senate rejects shorter wage price controls extension
The Senate, 74 to 14, rejected a Democratic bid to limit Nixon’s wage and price control extension to June 30, 1972. Only 13 Democrats backed the shorter period, keeping the plan for a full year to April 30, 1973. An additional 74 to 15 vote blocked an anti trust action proposal targeting large corporations.
MENTIONED IN THIS ARTICLE
Washington
Senate
Nixon
Harris
D-Okla
I 380 Route Battle Opens at Vinton Meeting
At the Vinton public meeting on the Cedar Rapids to Waterloo I-380 route, 165 attendees favored the Palo diagonal. City officials and Chamber of Commerce members urged choosing Palo for fastest city-to-city connection, while Independence dogleg supporters argued cost savings but less direct access. The session ran about an hour with four public meetings scheduled next to present options.
MENTIONED IN THIS ARTICLE
Vinton
Cedar Rapids
Waterloo
Highway Commission
Tilford Junior High School
Palo
Iowa
Mossman
University Hospitals
Iowa City
Independence
Fort Madison prison locks inmates in cells after uprising warning
Fort Madison s state penitentiary confined its 766 inmates to cells at 6 15 p m Monday and kept them there Tuesday after tips of a potential riot. Warden Lou Brewer said officers recovered homemade weapons and will extend the search for contraband. Officials said the situation was under control with no violence and that the lockup would continue until the threat was quelled and assessed further Tuesday afternoon.
MENTIONED IN THIS ARTICLE
Fort Madison
State Penitentiary
Lou Brewer
Brewer
State Department of Social Services
Ultimatum on Nursing Homes
Health Secretary Richardson said 37 states face a February 1 deadline to improve nursing home medical standards or risk withholding all federal Medicaid funds. Iowa is among the states cited for substantial deficiencies. The threat targets the federal state Medicaid program for the needy.
MENTIONED IN THIS ARTICLE
Washington
UPI
Richardson
Iowa
Department of Health, Education and Welfare
Also Mentioned on This Page
Bae
Devalu
Sky Pirate Hunt
Lowan
Huang Hua
U.N
Agha Shai
Pakistan
Indonesia
Mrs.Gandhi
Japan
West Germany
Canada
Chou Enlai
Mao Tse-tung
Communist Party
Henry Kissinger
Kissinger
By Dale Rueter
Logan Junior High
Middle School
The
Coli
Seum Armory
Jack Sigel
Keith Mossman
Raps
Commission
Gazette
John McIvor
Vinton Area
Chuck Sauer
Brandon
Harry Horak
Charles Heath
Mt. Auburn
Today's Index
Sane
Daily Record
Eeerenne Financial
Marion
Stene
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