Mellon Bank Economist Sees Economy Worsening Before Recovery
Norman Robertson predicts continued recession and rising unemployment through mid 1975 with inflation around 11 percent, easing to about 9 percent then possibly 6 by year end. He cites falling production and retail sales and warns unemployment may reach 6.5 to 7.5 percent, the highest since 1958.
MENTIONED IN THIS ARTICLE
Pittsburgh
Mellon Bank
Norman Robertson
Newsmen
Robertson
Area Man's Death Ruled Death by Own Action
The Pleasantville area man Loren E. Ames, 59, was found in his trailer and his death ruled a self-inflicted gunshot wound. Albert Ames, his brother, reported Ames missing his daily mail visit before the body was found. Venango County Coroner Jonathan Hutchinson confirmed the gunshot as the cause.
MENTIONED IN THIS ARTICLE
Pleasantville Area
Loren E. Ames
A.D. 2
Pleasantville
Albert
Ames
Mail
Venango County
Jonathan Hutchinson
Rockefeller vows no gifts if confirmed as VP
Nelson Rockefeller told Senator Claiborne Pell he will not give gifts to federal employees if Congress confirms him as vice president. He faced questions over his use of wealth for staff and supporters and the financing of a campaign biography. Senate leaders indicated probable confirmation despite reservations.
MENTIONED IN THIS ARTICLE
Washington
Nelson A. Rockefeller
Congress
Rockefeller
Claiborne Pell
D-R.i
New York
Robert C. Byrd
West, Virginia
Byrd
Senate Rules Committee
Arafat Arrives in Cuba As Assembly Debates Palestine
Palestinian leader Yasir Arafat flew from the United States to Cuba and was welcomed by Fidel Castro at Jose Marti Airport. He addressed the General Assembly calling for a secular state for Muslims Jews and Christians including all of Palestine. Israel rejected PLO authority and boycotted the speech while several Arab Chinese and Cuban delegates walked out.
MENTIONED IN THIS ARTICLE
Miami
Fla
Yasir Arafat
Cuba
Havana
United States
Arafat
Jose Marti
Fidel Castro
Araft
Jewish Defense League
Kennedy
New York City
Suleiman Franjieh
Arab League
Palestine Liberation Organization
Beirut
Assembly
Palestine
Israel
Radio
Rabat
Morocco
West Bank
Jordan River
Gaza Strip
Yosef Tekoah
PLO
Tekoah
General Assembly
Wants Frats Eliminated After Monmouth Death
Monmouth College president Richard Stonesifer called for gradual elimination of fraternities on campuses after the death of 19 year old William Flowers in a fraternity initiation on the Long Branch campus. Flowers suffocated when sand walls of a mock grave collapsed. Seven fraternity members were arrested on manslaughter charges and released on bail.
MENTIONED IN THIS ARTICLE
Long Branch
N.J
Monmouth College
Richard J. Stonesifr
Stonesifer
William Flowers
Flowers
Zeta Beta Tau
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