Ford outlines war aid policy
President Ford said the United States would provide arms and economic aid to freedom loving nations but not fight their battles. He stressed allies must bear the burden and noted lessons from Vietnam while avoiding discussion of future cases. He cited 38000 U.S. troops in South Korea as vital to regional peace and planned talks with Israeli Prime Minister Rabin.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford
United States
Vietnam
South Korea
Yitzhak Ratin
Middle Act
Northrop Chief Apologizes for Bribe Scandal in Senate
Richard W. Miller, chairman of Northrop’s executive committee, testified before the Senate Subcommittee on Multinational Corporations in Washington yesterday. He apologized to Saudi Arabia for embarrassment caused by bribe payments to two Saudi generals aimed at winning more defense business for the large contractor.
MENTIONED IN THIS ARTICLE
Richard W. Miller
Northrop Board of Directors
Senate
Washington
Saudi Arabia
Ruling on stock fraud limits suits to buyers and sellers
Washington AP reports the Supreme Court, in a 6-3 decision, holds that only buyers and sellers of securities may sue for stock fraud, reaffirming a rule set 23 years ago by the New York Circuit Court. Dissenters criticize the ruling as harming investors and call for broader action, while the court agrees to hear fall arguments on a 1972 black lung law challenge.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
U.s.circuit Court
New York
Securities and Exchange Commission
Gener
Bernard L. Barker
Eugenio R. Martinez
Frank 4. Sturgis
Virgilio R. Gonzales
Miami, Fla
Watergale
Extension of extra jobless aid urged by Dunlop
Labor Secretary John F. Dunlop urged Congress to continue up to 65 weeks of unemployment benefits, phased out as jobless rates fall. He said 55 weeks may be needed nationwide beyond June 2, and outlined a tiered reduction plan tied to unemployment thresholds to end this year. The House previously passed a bill to extend benefits beyond June 30 without phasing formulas.
MENTIONED IN THIS ARTICLE
Washington
UPI
John F. Dunlop
Dunlop
Senate Finance Committee
House
U.S. critics urge higher contracts for minority women firms
The U.S. Civil Rights Commission reports that minority and women owned businesses received less than one percent of $120 billion in public contracts in 1972. It calls for a five year plan to boost contract value to these firms and recommends an executive order to recognize women as a disadvantaged group eligible for development programs.
MENTIONED IN THIS ARTICLE
Commission
Military site funds OK'd
The Senate approved 38 billion dollars for military construction at 276 bases worldwide on a voice vote. It would fund 585 projects mostly to improve housing for service members, medical facilities, and energy conservation, while striking or deferring several Pentagon requests and placing Diego Garcia work on hold pending approval.
MENTIONED IN THIS ARTICLE
Washington
Diego Garcia
Indian Ocean
Senate
House okays funds for jobs for 84 000 youths
The House Appropriations Committee approved 473 million dollars to fund a nine week summer youth work program for 84,000 young people with a 26 hour week. The measure mirrors the amount in the emergency employment bill vetoed by Ford last month. Chairman George Mahon led efforts to move swift passage and hopes to send the bill to Ford tonight.
MENTIONED IN THIS ARTICLE
Washington
House Appropriations Committee
Ford
House
George Mahon
D-Tex
Also Mentioned on This Page
Harry A. Blackman
U.S
U.S. Civil Rights Commission
Waren
Pacific
Pearl
Alaska
Betts
Hunt
California
Bill
HEINZ
Juana Ave
San Leandro
Dublin
KODAK
Gillette Hot
General Electric
Peata
Charles
Graham
Norelco 40 V.lp
Shaver
Bae
Eee Ereesa
Softique
Eas
Aay Sang
Benuzit Solid
Gillette
Iqnacil
Gotham
Alka-Seltzer
UNSC
Yglette
Polaroid
Cologne
Cool Bell
EPCO
Hunt's Pork & Beans
Bell
Dey Peale
Underwood
Hershey's
Billy
Playboy
Billy OO
Bili
Kingsford Bili