Nixon reverses his economic game plan
President Nixon abandons his prior economic strategy in a bold move to curb inflation and spur prosperity before the 1972 election. The shift includes wage and price freezes, tariff increases, and a tax cut with an investment credit, signaling a dramatic policy reversal and potential impacts on inflation, unemployment, and international trade.
MENTIONED IN THIS ARTICLE
Nixon
Norman Kleinster
Washington
UPI
Fedarat
Urdare
Congress
Dakertaft International
Nixon’s economic plan draws mixed early praise
Congressional critics and governors greeted Nixon’s wage price and rent freeze with cautious approval. While Milton Friedman called it window dressing, many economists welcomed the shift, noting potential consumer benefits and short term gains across business and labor leaders.
Panic spreads as Americans trade dollars in Paris hotels
Paris on a public holiday sees hotel cashiers and change offices flooded with Americans trying to unload dollars. Cashiers report accepting dollars at a new unofficial rate around 3.40 francs per dollar, while the official rate sits higher. Officials limit daily amounts, and some help is offered in hope the rate will stabilize.
MENTIONED IN THIS ARTICLE
Patman
Texarkana
House
Carl Albert
Hong Kong
Asia
Albert
Voice of America
General Motors
James M. Roche
Nixon
Roche
Serival
PARI
Paris
France
Weir
Atstead
U.S
Public reaction mostly favorable to Nixon wage curb
People nationwide voiced mixed but largely favorable responses to President Nixon's wage and price control measures. Comments ranged from relief at economic tightening to concerns over foreign car price hikes and potential tax impacts, with observers noting political motives and unease about defense spending.
MENTIONED IN THIS ARTICLE
Nixon
Federal vote guides for teens denied
The Justice Department declines to issue federal guidelines to assist states with teen voter registration. Senator Edward Brooke urged Attorney General Mitchell to provide such guidelines, but Deputy AG Kleindienst stated that a dual federalism approach makes federal guidelines inappropriate and inadvisable.
MENTIONED IN THIS ARTICLE
Washington
UPT
Justice Department
Edward W. Brooke
ReMass
Sun- Way
John N. Mitchell
Richard G. Kleindienst
Department of Justice
Labor leader disappointed over Nixon wage price plan
PELTON UPI reports the California State Labor Council leader expressed concern that the president’s wage and price actions lack profit controls. Joan Benning said he had not reviewed the statement yet but was very doubtful about how this will work.
MENTIONED IN THIS ARTICLE
Pelton
UPI
California State Labor Council
Nixon
Joan Benning
GI families paid as draft delayed
Washington reports that while the draft law expired, the Pentagon will continue monthly payments to about 300,000 dependents of lower paid servicemen. Defense officials say payments were not intended to end and will persist until a new extension or clear congressional action is enacted. They consulted leaders before deciding.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
Defense
Congress
Congressional
Parole Hearing Set for Dr Finch in Sacramento
Parole board may decide this week whether to free Dr Herward Pirch after decades in prison for the murder of his wife Barbara Finch in 1989. The case, alongside co-defendant Miss Carole Tregoft, led to life sentences. Tregoft was paroled in 1980 and works in the Los Angeles area.
MENTIONED IN THIS ARTICLE
Sacramento
UPN
Herward Pirch
Thich
Bistress
Carole
Tregoft
Finch
Barbara
Miss Tregoft
Clark
Los Angeles
California
Gown fabrics flagged as highly flammable by FTC
The Federal Trade Commission reports tests on jump-pants gowns priced around $475 as dangerously flammable. Made by James Manufacturing Co in New York City with Lace of France fabric and habitae lining from Japan, the gowns mix 45 percent rayon, 3 percent juryx, and 51 percent silk in white, pale blue, pink and tint green. Prestige Fashions Inc also offers custom-made outfits from Lace of France fabric noted as flammable.
MENTIONED IN THIS ARTICLE
Washington
Federal Trade Commmission
Jimmae” Manufacturing Co
New York City
Lace
France
Japan
Prestige Fashions Inc
Lace al France
Flam
Mani
Reader's Digest Agree to FTC Contest Practices Probe
The FTC provisionally accepted Reader's Digest magazine's agreement to address alleged contest practices offering a $3 million prize but never awarded. The complaint says chances of winning the first prize were about one in a million.
MENTIONED IN THIS ARTICLE
Washington
UP1
Federal Trade Commission
FTC
Reader's Digest Magazine
Commission
al Millon
The Baily Review Aulished by Thy Baily Review Inc
Fragmented OCR text shows a local publication notice with garbled names and addresses. It mentions subscription details, publishing location at 118 W Syrdeye and 349.2060 contact info, plus a list of unclear personal names and a postal area Hayward California.
MENTIONED IN THIS ARTICLE
Thy Baily Review, Inc
Sparhts
Pubityhey
Williamn Chileolny Ysieesy
Frlero
Post Silive
Heyward
Hope
Weiy
Syrdeye
Winton Ave
Hayward Mameda
County Neate
Lemadro
Ann
Labor money flows in gubernatorial races ACA reports
The American for Constitutional Action says labor donations totaled 995812 to 29 Democrats and 12500 to GOP governors’ candidates nationwide. Seventeen Democrats and two Republicans benefited, while 12 Democrats and two Republicans lost, with Ohio Governor Gan Ganelli receiving 24710, and Roger Cloar 500. Major winners included Lucey, Shapp, Mande, Curtis, and McCall. Love small.
MENTIONED IN THIS ARTICLE
Washington
UPT
Labor Movement
GOP
Americans For Constitutional Action
ACA
Ohio
John J Gilli
Jvan Love
Colorado
Jess Th Tnk
Ronald Reagan
California
Sandep
Michigan
Ermil
Daddsro
Connecticut
Robert Stragb
McCall
Oregon
Raul Castro
Atdona
Also Mentioned on This Page
Biller
Badger
George J. Shultz
Blitz
Sim
Treasur
John B. Connally
Connally
Federal Reserve Board
Arthur F. Burns
Burns
Con-grass
ALCO
Milton Friedman
Mike Mansfield
George
McGovern
South Dakota
William Proxmire
D-Wise
Wright Poonan
D-Tex
Prosmire
A. W. Clausen
Bank of America
San Franisco
Afl-Cio
George Meany
Apl-Cio
Executive Council
Harvard
John Kenneth Galbraith
Paul Sumusison
Massachusetts Jirtitele of Technology
University of Chicago
Friedman
Milton Robertson
Pittsburgh
Mellon National Bank
Procam
William G. Milliken
Republican Governors’ Conference
China
auLo
Jab K. Javits
RNY
Aspen
Galp
Mae Om
UPI Telertoie
Londoner
Britain
Switzerland
United Press International
Paul Hoerminger
Jim K. Jarvis
Boermiyrer
Philadelphia
Marvis
Bloomington
Ming
Nixom
Verne Carlson
Northglenn
Colo
Frontier Airlines
Carl A. Fontana
Avonmore
Reginald Bessmer
Jackson
Miss
Labor
Adil Authority
Ana
Reader’s Digest
the Baily Review
RAILS
Memher Aubir
Omega
Wade
Etter
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!