HUD OMB feud stalls elderly housing project in Fourth Ward
The HUD and OMB block action on 30 elderly housing units in the Fourth Ward Urban Renewal Project, risking a $60,000 local shortfall. Renewal officials press lawmakers, but neither bureau budges. The stalemate draws criticisms and is likened to a Gilbert and Sullivan farce as project directors seek relief. Separately, stock investors face sparse hard facts, prompting the NYSE to publish a white paper urging better corporate investor communication and disclosure in annual reports.
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Federal
Department of Housing and Urban Development
HUD
Office of Management and Budget
OMB
Fourth Ward
Corry
Hugh Scott
Richard Schweiker
Joseph Vigorito
Congress
Pittsburgh
Renewal Project
Mack Sennett
New York Stock Exchange
Public directors urged for corporate reform amid urging 1974 plans
Exchange directors will review proposals including three public directors per board, quarterly reports to stockholders, disclosure of material changes, and independent audit committees to align accounting methods. Government studies warn gas rationing could fuel a black market, favoring higher prices and new energy sources. Secret Senate probes link Nixon and Vesco via alleged Bahamas accounts.
MENTIONED IN THIS ARTICLE
Price
Exchange
Cost of Living Council
Nixon Brothers and Vesco Ties Face Scrutiny in 1971 72
The transcript cites Ed Nixon and Donald Nixon Jr. with Vesco bank accounts in the Bahamas and Costa Rica, plus discussions involving Howard Hughes. Vesco dodges extradition as the White House declines comment. A 1973 energy message urges independence from Arab oil while noting domestic shale and fuel additives. Donald Nixon denies wrongdoing and calls inquiries witch hunts.
MENTIONED IN THIS ARTICLE
Meier
Donald
Vesco
Richard
Bahamas
Howard Hughes
Declaration 1973: oil crisis spurs rail and fuel shifts
Paul Harvey argues for uncap oil offshore California while noting energy crisis lessons. He cites Amtrak traffic up 11 percent and rail equipment mobilization, calls for alternative fuels and transport, and criticizes continued oil imports from Arabs amid Nixon era warnings. A separate New York AP opinion urges mental clarity and straight thinking to support civilization.
If There’s a Screw Loose in You Today
A Corry Evening Journal column muses on honesty and temptation, asking readers if strangers with counterfeit money or harmless daily temptations tempt fate. It quips that many answers reveal “a screw loose,” urging self‑examination and humor about modern moral tests.
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Bali
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