Editorial condemns prime rate hike as consumer disaster
The nation faces a record prime rate of 82 percent after a third rise this year, widening the gap for home buyers and small borrowers. Banks’ higher rates threaten housing goals, inflation pressure grows, and lawmakers call for antitrust action while predicting further price increases and tightened credit.
MENTIONED IN THIS ARTICLE
United States
Congress
George Romney
Housing and Urban Development
Romney
Federal Reserve System
Federal Reserve
City Stores Co
New York
New York Savings Bank
Federal Housing Administration
Bank of Savings and Loan Association
West Virginia
Wright Patman
D-Tex
House Banking Committee
Gen
Mitchell
Demonstrators Denied Rights at Capitol Steps
Washington Capitol police arrested about a score of Quaker demonstrators reading names of Vietnam dead on the Capitol steps for unlawful entry while four congressmen were not arrested amid protests they should be. A week earlier a smaller group faced similar charges and some congressmen again escaped action. The incident draws sharp criticism of limits on free speech at the Capitol and reflects concerns over the Vietnam era crisis in America.
MENTIONED IN THIS ARTICLE
Capitol
Washington
Vietnam
America
Nixon and Rockefeller trip sparks blame and satire
Art Buchwald recalls a Washington Post dialogue about Gov Rockefeller’s Latin America tour. Gonzalez critiques US policy, arguing South Americans felt forgotten, while Nixon’s motive is questioned as a goodwill gesture later mocked as a political campaign tool.
MENTIONED IN THIS ARTICLE
The
Washington Post
Washington
State Department
Gov
Nelson Rockefeller
South America
Gonzalez
Nixon
Gay, Rockefelier
United States
Rockefeller
Mixon
Tha” Gonza
Eisenhower
Li. Gonzalez
Gov. Rockefeller
Benen
North America
John Ind
Readers' Forum on Pentagon as Lie Factory
A Gazette readers' letter attacks the Pentagon as a foremost lie factory, accusing officials of deceiving the American public on Vietnam, costs, contracts, and weapons programs. The missive labels Pentagon officers as professional liars and questions their gentleman status, urging accountability.
MENTIONED IN THIS ARTICLE
Pentagon
the Gazette
CIA
Chief of
Down
Mailer Breslin campaign parodies New York politics
The New York Times profiles Norman Mailer and Jimmy Breslin as candidates, arguing their ticket aims to redefine city governance with a "new political basis." It notes public skepticism, the duo's critique of Mayor Lindsay, and the broader urge for a fundamental reorganization of American urban politics.
MENTIONED IN THIS ARTICLE
New York Times
New York
Norman Mailer
Jimmy Breslin
New York City
Mailer
Lindsay
Breslin
Manhattan
Mailer-Breslin
Montague Street
West Virginia politics tainting service corps clash
Governor Moore attacks the West Virginia Service Corps amid fears of Rockefeller influence and political strategy. He suggests youth efforts become a target in a looming 1972 Senate bid while the corps sought nonprofit space and funding. Rockefeller offered office space but planned to sever ties once organized.
MENTIONED IN THIS ARTICLE
Gov. Moore
West Virginia Service Corps
Moore
John D. Rockefeller II
Rockefeller
Service Corps
Jay Rockefeller
West
Tung
Charleston
West Virginia
Maere
Arch Moore
Maare
SDS
Governor A ok Moore JJIr Mature City
Government action reported on page 1 involves Governor A and Moore with junior officials in a planned city development. The note mentions approval from a state authority and indicates pending follow up on the arrangement. The fragmentary text lacks dates or specific agency names.
MENTIONED IN THIS ARTICLE
Gov
A. Ok
Moore Jjir
Mature, City
Harriman’s warning on Vietnam escalations and limits
Washington reports Averell Harriman criticizes Nixon’s Midway course, urging de escalation and a shift from military victory to political progress in South Vietnam. He argues the United States must permit Saigon to decide its own future, widen negotiations, and avoid a total withdrawal that risks capitulation and tragedy.
MENTIONED IN THIS ARTICLE
Washington
America
Vietnam
Averell Harriman
Hariman
Nixon
Midway
Harriman
Warners
North Vietnam
South Vietnam
Paris
Saigon
Warriman
Johnson
Thien
United States
Trans
Dmz
Wand
Hanoi
Hartiman
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Bankers Trust Co
Art Buchwald
William R. Cuthbert
Hart St
Jones
Councilman Jones
Virgil E. Parsons
Elkview
Strom
Tom Wicker
Dist
Montague
Court Streets
Erikion
Miss of Doit
Menorah
Husanta
Bushwick Avenue
Albee Square
Abraham Frank
Maier
Cie
Fulton Street
Abrestin
Harry Hoffmann
Dear Arch
Jay
Yours
Yeorge
Frank Mankiewicz
Tom Braden
Copsrale
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