Money Exchanges Await Clarification on Dollar Status
European money markets shut as Nixon suspends gold settlements. Exporters face 10 percent surcharge on dutiable goods and tourists abroad struggle to buy foreign exchange. Japan supports the dollar at 357.37 yen while fears of U.S. trade restrictions grow.
MENTIONED IN THIS ARTICLE
Europe
London
Nixon
U.S
Orient
Japan
Britain
West Germany
Swiss
Secretary of the Treasury
John B. Connally
Nixon's economic move wins praise but prompts doubts
An AP analysis notes President Nixon's plan to suspend gold convertibility and let the dollar float could lower export prices and boost competitiveness while raising questions about job creation for the unemployed. The policy mix includes a temporary 1 percent import surcharge and a price wage rent freeze domestically, signaling the administration's resolve to act.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Reclamation Inspectors to Visit Southeast Kansas Mines
Farm Bureau representatives from 18 southeast Kansas counties will inspect reclamation operations in Crawford and Cherokee counties on Wednesday. They aim to gain a broader understanding of issues in restoring strip mined land to agricultural productivity and anticipate growing citizen interest as mining expands.
MENTIONED IN THIS ARTICLE
Manhattan
Kan
Kansas
Crawford
Cherokee
Sheldon DeLange
State Farm Bureau Board
Southeast
Farm Bureau
Cleanup sale features Ferguson tractor and farm equipment
Items include a Ferguson tractor metal feed racks bunks eteck rack tarp stock and water tanks water pumps propane burner deep-well pump plastic pipe chest type freezer forced air furnace fire dog chains boomers wire stretchers threaders grease guns jacks and tools. Also forge antique tools anvil tool boxes 2 4000 gallon tanks rodeo arena lights electric gear gates poles ties barbed wire and other items. Mr and Mrs Squire hosted lunch on grounds and are not responsible for accidents.
MENTIONED IN THIS ARTICLE
Ferguson
Nixon to Address VFW Convention in Dallas
Secretary of Defense Melvin Laird opened the 7ind VFW national convention in Dallas with remarks to delegates and families. President Nixon was expected Thursday to address the gathering in closed sessions amid protests and security.
MENTIONED IN THIS ARTICLE
Dallas
Melvin Laird
Veterans of Foreign Wars
Richard Nixon
VFW
Stand-Pat Policies Didn’t Work By Nixon Aide Analysis
AP analysis argues Nixon abandoned stand-pat economics after evidence showed that approach failed to curb inflation and unemployment. It notes pressure from Arthur Burns for wage and price restraints and rising fears among blue collar workers. The piece links policy shifts to political fears ahead of elections.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Nixon
Arthur Burns
Federal Reserve Board
Fher
White House
Also Mentioned on This Page
Frankfurt
Volkswagen
United States
Tokyo
Japan External Trade Association
Bretton Woods
N.H
Paris
Elusive Hotels
Sterling F. Green
Associated Press
Ingly
Rodeo Arena
Squire
Accid Cierk Ar Brooks
VFEW
T. Y. Chao
China
Vocational Assistance Commission For
United Nations
America
Willaim J. Moran
Moran
Army Catholics
Laird
John Wayne
Dwight David Eisenhower
Wayne
National Americanism
Hollywood
Iwo Jima
Harm's Way
Marine Corps Association
Messmmen
W. Main Chanute
Main St. Parsons
Rusty's Drive
Chanute
Home Appliance Company
East Main ST
DIAL
Harold
Har
Wrth
Aeters
Harold's
tHe
Eed
aMida
Harold S of Humboldt
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