Editorial: Fed Not Instrument of Banks in Rate Hike
The piece argues the Federal Reserve Board may raise the prime rate to stabilize inflation but warns there are no guarantees. It criticizes bankers for pressuring higher rates and notes Regulation Q and the board’s control, while asserting the Fed serves the government, not banks.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
William P. Widnall
House Banking and Currency Committee
Wright Patman
Dtex
Eastern Europe opens to NATO neighbors with growing trade and flights
The piece notes rising trade and tourism between Western and Eastern Europe. Czechoslovakia Airlines will add three Tyushin jets for Prague to New York with an inaugural flight next May. Bulgaria expands tourism with 100 hotels and the Golden Sands International as a flagship resort.
MENTIONED IN THIS ARTICLE
Soviet Union
NATO
Czechoslovakia Airlines
New York City
Chicago
Bulgarian Black Sea
Golden Sands
Romania
Bulgaria
Sofia
Europe
Vietnam
Isot
U.S
No Vote by Dead Congressman Sparks Record Debate
The Congressional Record shows a member voting no three days after death during his funeral. The bill would have provided an extra office worker for every House member. The incident prompts reflection on voting practices and legislative perks.
MENTIONED IN THIS ARTICLE
Congressional
House
Freeman Peace and Face Saving Plan for Vietnam Talks
Washington columnist proposes the Freeman Plan with a daytime Saigon government and a nighttime NLF government to save face in Paris. It envisions dual leadership, alternating symbols, and shared revenue while avoiding disarmament or surrender. The idea rests on regional control by both sides and would require a lax sharing of authority and abolition of the draft.
MENTIONED IN THIS ARTICLE
Washington Post
Washington
Vietnam
Paris
Round Table
Freeman
Peter Freeman
Hollywood
Calif
South Vietnam
O Ne Saigon
Neuyen van Thieu
National Liberation Front
NLF
Viet Cong
Saigon
Thies
North Vietnam
Hanoi
Thien
Mixon
Thieu
Ho Chi Minh
Wesi
Nguyen van Thien
Viet. Cong
Averell Harriman
Joseph
Eavesdropping Debate Tied to Kennedy and King Truths
The Gazette reprinted a Washington Post piece asserting Atty. Gen. Kennedy authorized extended electronic surveillance of Martin Luther King. It suggests a large national dragnet under Nixon and Mitchell via the 1968 Omnibus Crime Act, provoking alarm about government spied surveillance.
MENTIONED IN THIS ARTICLE
the Gazette
Gazette
Washington Post
Robert Kennedy
Martin Luther King
Sto
Nixon
Atty
Gen
Mitchell
President's Commission On Law Enforcement and Administration of Justice
Nixon Critics and the Unnecessary Mistakes Cited
James Reston argues Nixon’s missteps include Annenberg’s London posting and a Romanians visit amid disarmament efforts. The piece compares Nixon’s cautious public policy on Vietnam and arms with his preemptive personal disputes and notes a broader critique of his judgment.
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New York Times Service
New York
Nixon
Walter Annenberg
London
Moscow
Communist Alliance
Soviet Union
John Knowles
John Tower
Texas
Bob Wilson
California
Congress
American Medical Assa
Clark Clifford
Gov. Rockefeller
Latin America
Republic
Annenberg
Bucharest
Sam
Rockefeller
Finch
Knowles
Roger Egeberg
University of Southern California
Medical School
Romania
Vietnam
Midle East
Truman
Warren Considers Mandatory Retirement for All Government Officials
In his final weeks Chief Justice Earl Warren weighs a universal retirement age. He suggests 70 as a plausible target and notes executive and legislative leaders often retire earlier. He argues constitutional changes could set maximum ages if the people demand it.
MENTIONED IN THIS ARTICLE
Washington
U.S
Earl Warren
Warren
Supreme Court
Imost
Executive
Oliver Wendell Holmes
Holmes
Senate
House
Sen. Hayden
Congress
Protest Song Message From Enforcer Walker Jr
A censored note from police official George C. M. Walker Jr. urges signs and singing for minority officers while on patrol. The message reflects tensions around policing and civil rights. The reference indicates a broader story on page 24.
Nixon Playing With Little Chips in Paris Peace Talks
The Paris peace talks show the Communist side hardened to a point where a cut and run by the Nixon administration is tempting. Yet openings remain for negotiations to keep Vietnam divided for years and build a Southeast Asia security structure. The provisional revolutionary government in South Vietnam offers a potential equal footing for talks with both Washington and Hanoi, suggesting a possible two-regime solution rather than a Hanoi takeover.
MENTIONED IN THIS ARTICLE
Paris
Nixon
Clark Clifford
Saigon
North
South Vietnam
Southeast Asia
Johnson
Ing
Thieu
Liberation Front
Tran Buu Kiem
Front
United States
North Vietnam
Alsop
Huyn Tan Phat
Hanoi
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Wisenheimer
France
Austrian Airlines
Brussels
Vienna
Datech Airlines
KLM
Amsterdam
Art Buchwald
Gov
Moore
James Reston
Dohnsem
Judicial Conference of the United States
National Association of Attorneys General
National Council On Crime and Delinquency
Ramsey Clark
The
West Virginia
F. Paul Chambers
Kanawha Valley
Clayton Fritchey
ATS
Eisenhower
White House
FBI
Hoover
Hershey
Supreme
Justice Black
William C. Douglas
John Harlan
Court
Capitol Hill
Unig
Charlie
Yours
George
C. M. Walker Jr
Joseph Kraft