SEC clears Lockheed executives of insider trading claims
Officials testified that the SEC found no cause to charge Lockheed executives with trading on inside information before bad news on the C5A contract became public. The probe showed those who sold did so in part to meet personal obligations, not due to illicit gains. The case arose as Congress weighed a $250 million government loan guarantee to prevent Lockheed bankruptcy.
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Washington
Casey
Lockheed
Air Force
SEC
A. Kael Katehian
Katehian
Homing May
Lockheed-Georgia
May
Nedyts
House warning on ecology plans
Washington report notes the House Appropriations Committee warns environmental protection if excessive could harm the economy food supplies and human life. It backs Nixon budget while stressing pollution threats and adds funds for pollution studies farm impact and milk programs.
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Washington
Upl
House Appropriations Committee
Nixon
Committee
Tabulation of Environmental Protection
Senate unit OKs Otepka appointment
The Senate Judiciary Committee approved Olin F. Otepka for a four year SACB term. Otepka, 56, already served two years at a 336000 annual post amid a political wrangle. Nixon renominated him despite criticism from the United Auto Workers and earlier firing by Dean Rusk for alleged secret document issues.
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UPI
Senate Judiciary
Olin F. Otepka
Dean Rusk
Otepka
Senate Internal Securities
Congressmen protest court block on bank records in probe
Rep Richard Schord leads criticism of federal court injunctions hindering House Internal Security Committee inquiries into bank records tied to alleged Communists. He says courts delay action in the NPAC and PCPJ cases, claiming party members and Trotskyists influence antiwar groups funding demonstrations.
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Washington
House
Senate
Justice ‘Department
House Internal Security Committee
Richard H. Schord
Dmo
Congressional
Tehord
U.S. Serveqnen
Internal Security Subcommittee
Sehord
National Peace Action Coalition
People’s Coalition For Peace Ated Justice
Schord
U.S. Communist Party
PCPJ
Socialist Workers Party
Black lung benefits cost government over 28 million monthly
HEW reports the first year of black lung benefits shows more than 200000 disabled miners widows and dependents receiving monthly payments. The plan faces confusion with eligibility rules while 20000 claims were filed and about 130000 rejected. Total benefits exceed 30 million since the law was signed December 4 1969 with monthly amounts varying by number of dependents.
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Washington
UPI
Department of Health, Education and Welfare Chew
Hew
le Law
Local newspaper masthead and notices from Hayward area
A damaged OCR fragment shows the Daily Review masthead with publisher names and office addresses in Hayward and San Leandro, port of entry notes, subscription rates, and contact phones. It mentions legal or postal notices and general publication details but lacks cohesive news content.
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the Daily Review Inc
Floyd Sparks
Peauidem
William Chilcots
Surineny
Mono
Hayward
Cal
Tornip
Winton Ave. P
Colit, Pasta
Nixon Abandons Veto Plan on Jobless Public Service Jobs
Nixon administration drops veto threat on a bill to create 150 000 to 200 000 public service jobs for the unemployed in parks police and fire departments schools hospitals and antipollution agencies. The reform would favor Vietnam veterans and requires funding decisions later by Congress with a target unemployment rate threshold. House and Senate conferees plan to meet Tuesday to hammer out a compromise acceptable to the administration.
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Washington
Nixon
House
Senate
House debate on federal welfare plan looms next week
Washington AP reports backers of a broad federal welfare reform aim to move from state programs to a federal system with a $2400 annual income for a family of four. Opponents cross party lines, debate begins Monday, vote expected Tuesday. States could keep higher support but not exceed current spending. federalization projected to save $1.6 billion. The reform is part of a larger omnibus bill expanding Social Security benefits.
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Washington
House
Nixon
Don Edwards Attacks Attorney General in Continuing Row
Representative Don Edwards of California maintains a sharp line against Attorney General John Mitchell as the Capitol row persists. Edwards presses ethics questions and calls for accountability amid ongoing political friction in Washington.
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Benjamin Shore
Weslington
Washington
Dott Edwards
D-Ban Tase
John Mitchell
FDA Bans Liquid Drain Cleaners Over 10 Percent Lye
The FDA announced a ban on selling liquid drain cleaners with more than 10 percent lye, to take effect 60 days after June 4 unless manufacturers object. Some products already reformulated to comply. The rule would allow higher lye with a "children proof" package, but most makers are lowering lye due to lack of safe packaging options.
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Washington
UPI
Food and Drug’ Administration
FDA
Dale C. Miller
Bureau of Product Safety
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