Campus Riots and SST Vote Split Mark Senate Session
A college campus unrest piece argues rioters must face local law while detailing a Pennsylvania State University case where 17 students challenge campus discipline. The second item reports a 11 vote Senate decision on the supersonic transport program with key votes influenced by regional politics and industry pressure.
MENTIONED IN THIS ARTICLE
Pennsylvania State University
Eric Walker
Thomas Miller
Washington
Senate
SST
Senate conference fight over bank holding bill rages on
Three Senators John Tower Wallace Bennett and John Sparkman battle Wright Patman over a bank holding company bill. The House Patman measure aims to curb banks linked to big companies and restrict nonbank sideline businesses. Lobbyists from CIT Financial and others press for exemptions as conferees clash and House wins more points.
MENTIONED IN THIS ARTICLE
Patman
Senate
Odom
Sparkman
Senate Banking Committee
CIT
Washington
Montgomery
Ala
America
House
Market takes bright view for corporate profits in 1971
New York AP reports stock market shows faith in future profits with heavy trading and gains in the Dow Jones industrial average to 814.06 at week start. Investors expect expansion in 1971 as President Nixon signals liberal monetary policy, reduced inflation, and a path to full employment.
MENTIONED IN THIS ARTICLE
New York
Nixon
National Association of Manufacturers
White House
Federal Reserve System
Wall Street
Politicians urge welfare reform and public accountability
The piece critiques claims by political figures about fixing welfare waste while noting data gaps. It argues not all aid recipients are malingerers and cautions against oversimplifying abuses. The author stresses careful assessment of who receives benefits and the broader labor market realities.
MENTIONED IN THIS ARTICLE
Welfare Department
Inflation Fight Divides Nixon Advisors and Public
A column argues the dollar is shrinking in value, with wages not keeping pace and inflation persisting into 1971. It notes split among advisers from Milton Friedman to Arthur Burns, cites UAW president Leonard Woodcock, and reports on proposed remedies from wage and price guidelines to a 3 percent federal sales tax. It ends with a historical quip about 1837 Illinois price protests.
MENTIONED IN THIS ARTICLE
Nixon
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Joseph Tydings
Maryland
Fairchild Hiller
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Alan Cranston
California
Machinists Union
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By Jack Anderson
McClellan
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John Tower
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Wallace Bennett
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George_f. ‘Sample
William Eaton
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Leonard Woodcock
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