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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Mar 21, 1972
Page
2
Washington reports that preliminary quarterly filings by about ten large firms suggest profit margins rose. Regulators say price rollbacks could follow if increases are not justified by costs, as early data from the price study signals potential inflationary pressure and tighter oversight.
A UPI report notes federal funds used in desegregation across 14 Southern states during 1970 71 improved relations between black and white students. The study covered 879 schools in 252 districts with 363.3 million in aid and highlighted increased openness to interracial busing despite initial fears.
Senator Edward Kennedy accuses President Nixon of duping Americans and pushing a plan to ease school bus integration that could perpetuate segregation. He notes the $2.4 billion funding figure is misrepresented and urges rejecting indiscriminate busing that harms children’s health.
The fragmentary text lists names and contact details for subscriptions and offices in Hayward and Fremont California. It references a daily review and publisher positions with address blocks and a subscription rate.
Edward Joye, acting Chief of the organized crime section, told a House committee that wiretaps and recorder devices are crucial to fight loan sharks. He noted victims often fear testifying, prompting consideration of body recorders during meetings to provide corroboration and sustain prosecutions. He added loansharking finances organized crime alongside gambling and narcotics.
Washington AP reports a majority of the labor members on the Pay Board are on the brink of quitting to protest White House wage price regulations. AFL-CIO and IAM–AWU leaders signal readiness to act, while Teamsters and Auto Workers weigh the risk of leaving. The board recently rolled back aerospace pay hikes and ordered raises elsewhere, prompting Meany to call a pivotal summit at AFL-CIO headquarters to decide next moves.
Nashville dispatch reports gospel singer Smith Gallin died at St Thomas Hospital after a year long illness. Known for Oak Ridge Quarter factory work and songs like Glory Land and You’ll Never Walk Alone, he was 37.
Mrs. Carolyn North, bank assistant, says Sister Elizabeth and Rev. Philip Berrigan plotted to kidnap Henry Kissinger, blow tunnels in Washington, and vandalize draft boards in a 1970 antiwar action. Testimony details discussions in Yorktown Heights and Mastchester and notes jail terms as punishment for participants.
Former IRS Commissioner Sheldon S. Cohen attacked the White House value-added tax proposal as shifting more tax burden to low income families. He urged tax reform to ensure the wealthy pay their fair share, testifying before the Joint Economic Committee as Nixon tabled plans for a VAT despite studies and possible relief devices.
The Senate passed by voice vote a resolution urging US recognition of Bangladesh, the former East Pakistan, amid ongoing review of South Asia relations. The measure would express Congress sense but not bind the President, with a concurrent resolution in the House pending.
U S military commanders from the United States and abroad attend a three day conference at the Pentagon near Port Richie Maryland. Officials say the event will focus on plans policies and procedures for command and control of nuclear and conventional forces with limited details released.
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