Optimism High Ahead of Group of Ten Monetary Talks
Washington officials and Treasury spokesmen voiced cautious optimism for progress at the Group of Ten finance chiefs meeting in Washington. President Nixon’s devaluation plan and currency realignments, plus talks with Japan, Canada and the Common Market, frame expectations for a broader agreement on trade barriers and defense-cost sharing amid a looming balance of payments deficit.
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Japan
Canada
Nixon
Georges Pompidou
Azores
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West Germany
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IMF
International Monetary System
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Smithssonian Institution
Connally
Taing Kauk cut off as North Vietnamese attack resumes
Taing Kauk town 48 miles northeast of Phnom Penh comes under heavy fire as North Vietnamese forces push along Highway 6. Reports say Taing Kauk and the key road junction near Skeun are at risk, threatening control of northeast Cambodia and isolating the Cambodian capitol region. Government forces, with U S advisers, face rocket and mortar barrages while field reports note withdrawals and reinforcements along the Mekong frontier.
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Sey
Taing Kawk
Chhang Song
Taing Kank
Phnom Penh
Taing Kauk
Kompong Thom
Toad Junction
Skeun
Chup
Me‘kong
U.S
Nguyen van Minh
Cambodia
India
Atvidual
Saigon
Alward Chan
Newton Panther clash echoes in police shooting trial
Newton testifies of a stomach wound after a shooting by officer Frey who claimed the assailant read his rights from a law book. Frey was said to have been assisted by officer Heanes, while Newton challenges the events and asserts a Panther shift in tactics. The case follows a pattern of internal Panthers disputes with Eldridge Cleaver amid wider police clashes.
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Frey
Garry
Herbert Heanes
Oakland
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Panthers
Eldridge Cleaver
Cleaver
al- Kerla
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Economic Guideline Signals Modest Growth and Health Price Rules
The Federal Reserve reports output rose eight tenths of one percent after October stagnation, hinting at a slow economy pickup. Stocks gain with Dow at 868.76 as dollar devaluation fears ease. Price Commission sets health cost rules dividing institutional from noninstitutional providers and caps on price increases to curb costs.
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Federal Reserve Board
New York Stock Exchange
The
Price Commission
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Christian Science
Frazier Ordered To Die In Gas Chamber For Murder
Redwood City California AP jury orders John Linley Frazier 33 to die in the gas chamber for the murder last year of Dr Victor Ohta his wife two sons and a secretary at the eye surgeon’s mansion on October 19 1976 Prosecutor Peter Chang calls for death sentence while defense argues insanity The jury had found him sane in a separate phase and he had pleaded innocent by reason of insanity
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Doctor
Redwood City
Calif
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Victor Ohta
Peter Chang
John Frazier
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Ohta
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Frazier i
Captive Fecteau details China imprisonment and release hopes
Fecteau spoke about his year in solitary confinement and spy charge trial, saying he was not bitter toward China and declined to comment on the capture. He described constant interrogation early on and his news knowledge from Peking Review. He hopes to return home for Christmas and noted plans to see family after release with Miss Harbert. He recalled cellmates, including an American prisoner and John Downey, who shared the plane incident in 1952.
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China
Peking Review
Nixon
Fectaau
John T. Downey
New Britain
Genn
Feeteau
Japan
Korea
Kerner Indicted on 19-Count Federal Case in 1960s graft probe
Former Illinois governor Kerner faces a 19 count federal indictment filed in Chicago charging conspiracy mail fraud bribery and related offenses. Co defendants include Theodore Isaacs William Miller Faith McInturf and Joseph Knight with ties to the Illinois Racing Board and state revenue and banking departments. Prosecutors say the case stems from an 18 month probe by the U S attorney the Justice Department and IRS.
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Illinois
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Miller
Joseph Knight
Thompson
Justice Department
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IRS
Isaacs
Mary Everett
Chicago Thoroughbred Enterprises
CTE
Arlington Park
Washington Park
Knight
Congress Clears Bill For Extra Unemployment Benefits
Congress sent to President Nixon a bill providing 13 weeks of extra benefits for jobless in states with unemployment above 6.5 percent for 13 weeks. About 598,000 would benefit. 12 states largely stand to gain. Critics call it costly and discriminatory against insurance principles. Eligible states yet unnamed. potential applicability to Alaska California Connecticut Maine Massachusetts Michigan New Jersey Oregon Rhode Island Washington and Puerto Rico.
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R- Wis
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Congress Debates Fulbright Plan as Senate Divides
Senator Gale McGee argued strenuously against the Fulbright figure warning that the earlier Senate rejection of a foreign aid bill caused a bad reaction. A majority of the senators present appeared inclined against the proposal and Griffin suggested delaying the matter until Thursday. Earlier that day both houses passed and sent to the White House the remaining appropriations bills including a $70.5 billion defense bill and a $932 million District of Columbia bill with $166 million in federal funds. The House action cleared the decks for Representatives this session, as adjournment required cross‑branch approval. A compromise measure providing additional unemployment compensation for states was sent to the Senate before final passage of the money bill.
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Senate
Griffin
White House
District of Columbia
House
Congress
Tornadoes Hit Missouri Communities Cause Damage
Weather reports indicate tornadoes touched down in Springfield and near Murray Missouri as storms produced heavy rainfall across much of the state. Windows were broken, trees and power lines were downed, and flooding was common with rainfall measurements ranging from 0.1 to 4.2 inches in affected counties.
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National Weather Service
Springfield
Murry
Missouri
Prarie Hil
Macon County
Nevada
Kansas City
Congress Creates New Funds Amid Broad Job Article
The report notes an above average joblessness rate while detailing an appropriation package that increases funding to 153.7 billion for the year. It states Congress voted 17 bills totaling this amount, sent to the President, with 1.2 billion less than requested and excluding foreign aid provisions.
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