Proposal to give president power to raise or cut taxes
The Committee for Economic Development proposed legislation authorizing the president to raise or lower personal and corporate taxes by up to 10 percent subject to congressional veto. The plan aims for rapid, simple tax changes to curb inflation or counter recession, with a one-year limit and a 60 day lead time before any action takes effect. It would require a legislative veto and would be triggered when economic goals run counter to employment, price stability and growth.
MENTIONED IN THIS ARTICLE
Washington
Committee For Economic Development
CED
Nixon
Congress
Herbert Stein
Council of Economic Advisers
Stein
The
Economic Council
Paul W. McCracken
House
Talks Continue as Hanoi Presses US to Engage with NLF
Hanoi seeks direct US talks with the NLF, while South Vietnam adds Nguyen Phu Duc to the delegation for the second full session. Duc, a Thieu adviser, may stay a week as U.S. diplomats including Cyrus Vance and Lawrence Walsh coordinate with Lam and Phong. Hanoi aims to keep momentum despite possible administration changes.
MENTIONED IN THIS ARTICLE
Hanoi
NLF
South Vietnam
Nguyen Phu Duc
Nguyen van Thieu
Duc
Pham Dang Lam
Thieu
Saigon
Washington
Thien
Nguyen Cao Ky
U.S
Cyrus R. Vance
Lawrence E. Walsh
Philip Habib
Lam
Nguyen Xuan Phong
International Conference Center
Lodge
Price index shows sharp December rise and 1968 impact
The 1968 price rise reached 4.7 percent in December, the highest since late 1951, with food and medical care up six tenths of a percent and housing up five tenths. Transportation eased as car and gasoline prices fell. Full-year 1968 increases included food 4.3 percent, housing 5.4, clothing 6.4, transportation 2, medical care 6.2. lumber and metals pushed the wholesale index to 109.8. January prelim figures indicate an eight tenths jump, the largest in three years.
MENTIONED IN THIS ARTICLE
Bureau
Marines Drive 300 Viet Cong On Batangan Peninsular Fight
Vietnamese fire from the DMZ area halted by American artillery and air strikes. In a three hour battle near Da Nang Leathernecks killed about 50 of an enemy force estimated at 300. U S casualties were three wounded. Three more helicopters were shot down this week, totaling 2 321 in eight years. Batangan Peninsula cordon operations claimed five more Marines killed and two wounded by mines and booby traps while screening nearly 10 000 civilians. 48 prisoners and 202 Viet Cong political workers were seized.
MENTIONED IN THIS ARTICLE
Demilitarized Zone
U.S
da Nang
Batangan
Yost Warns Against Retaliation Over Iraq Policy
Yost said public opinion could push Iraq to delay or halt executions. He added that retaliation would worsen the situation and questioned whether the United States could guarantee no Israeli retaliation.
MENTIONED IN THIS ARTICLE
Iraq
Yost
United States
Peru and ITT face tension as new regime reshapes ties
Peru faces U S pressure over expropriation threats and cuts in aid while the military government distances from the United States and expands relations with the Soviet Union Yugoslavia Romania Czechoslovakia and Poland. ITT subsidiary Xerox Peru comes under scrutiny in a broader anti foreign stance.
MENTIONED IN THIS ARTICLE
United States
Edgardo Mercado Jayrin
Peru
Soviet Union
Lima
Juan Velasco Alvarado
Yugoslavia
Romania
Czechoslovakia
Poland
ONeill Survives Confidence Vote in Six-Year Test
Northern Ireland Prime Minister Terence ONeill won a confidence motion in the Westminster Parliament over his handling of civil rights unrest. The vote was 31 to 3 after an amendment was defeated. The cabinet split followed resignations, with protests and arrests linked to clashes between Catholics and Protestants.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
Terence O'Neill
Oneill
O'Neill
Two American Citizens Are Under Arrest In Iraq
Washington reports two American citizens, Paul Bail and his wife, were arrested in Iraq weeks ago. Bail, an employee of Iraqi Petroleum Co., is in prison while his wife is under house arrest. Details remain limited as the State Department and relatives provide scattered, evolving information.
MENTIONED IN THIS ARTICLE
Washington
Iraq
State Department
Paul Bail
Robert J. McCloskey
Iraqi Petroleum Co
McCloskey
Huntington
W. Va
Howard G. Mayes
Bail
Conneautville
Humble Oil Co
Houston
Tex
Mayes
Nixon Seeks Senate Counsel on Foreign Policy
Nixon told the Senate he will seek its advice and consent as he shapes future foreign policy. He noted counsel from senators can help etch alternative courses. He praised State Department career personnel and urged open dialogue on policies. He met with NSC, then with top policymakers at the State Department.
MENTIONED IN THIS ARTICLE
Nixon
Senate
Mike Mansfield
Montana
California
State Department
White House
Washington
Nixor
William P. Rogers
American 1968 Trade Picture Dismal Since 1937
The Commerce Department reports 1968 exports 33.8 billion and imports 33.1 billion, leaving a 726 million surplus the sharpest decline since 1937. Exports rose 9 percent but imports jumped 223 percent, with causation cited as prosperity, rising incomes, and demand for imports.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Hearings on Foundations and Tax Reform Proposals
Representative Patman notes charges that private controlled foundations may enable profitable donor deals, family control, or securities speculation. Mills says he will call foundation spokesmen but not yet have incoming Treasury officials testify. The committee will print Treasury reform ideas as background material, not formal proposals.
MENTIONED IN THIS ARTICLE
Patman
D-Tex
Mills
Treasury Department
Ways and Means Committee
Johnson Administration
Turboprop KC-97 Crash Near Mitchell Field
AKC-97 tanker crashed about 2000 yards south of the runway end at Mitchell Field after a short flight from Key West. Conditions for instrument landing were fair but at minimum with 200 feet ceiling and half mile vis. The aircraft belonged to the Wisconsin Air National Guard 128th Refueling Group, Milwaukee. A commercial airliner had landed moments earlier.
MENTIONED IN THIS ARTICLE
Mitchell Field
Key West
Fla
Minneapolis
Wisconsin Air National Guard
128Th Refueling Group
Milwaukee
Severe winter storm shuts schools and halts travel in Pacific Northwest
A powerful cold wave dumps 17 inches of snow in six hours, prompting school closures across Washington as road crews reach isolated homesteads. The Columbia River freezes bank to bank in parts of Washington, Wenatchee records nine below. Across the border in Canada twenty five thousand workers lose jobs amid the cold. Travel warnings extend through Washington, Oregon, Utah, parts of Arizona, New Mexico, Wyoming, Colorado and the Dakotas to Wisconsin with freezing rain expected to spread north from the mid Atlantic to New England.
MENTIONED IN THIS ARTICLE
Washington
Columbia
Wenatchee
Canada
Oregon
Utah
Arizona
New Mexico
Wyoming
Colorado
Dakotas
Wisconsin
mid-Atlantic
New York
New England
Stll Tighter Cigarette Warning Urged
Washington AP Forty two House members sponsor a bill to tighten health warnings on cigarette packages and ads. It would replace the current caution with warnings that state smoking is dangerous and may cause death from cancer and other diseases and would require tar and nicotine content per cigarette. The bill, from Rep. John E. Moss, also authorizes HEW to regulate cigarette length if health risks are proven.
MENTIONED IN THIS ARTICLE
Washington
House
John E. Moss
D-Calif
Moss
Congress
Secretary of Health, Education and Welfare
Coeds at Colgate barless dorms reform campus life
Colgate coeds say coed living eases tensions and prompts conversations with male students. Mc Carrick recalls fears of barbed wire like oversight, but students feel the campus is maturing. Sheri Heller of Webster, Mass., jokes about making the most of coed life as dorm noise drops at Vassar. Ray Viscidi, Colgate junior, notes men resent guards and curfews yet blame the female student government for campus shifts. Susan Whidden of Westport, Conn., suggests a campus revolt could start if male leaders back a cause.
MENTIONED IN THIS ARTICLE
McCarrick
Sheri Heller
Webster
Mass
Colgate
Vassar
Lane Menkel
Michigan
Ray Viscidi
Viscidi
Susan Whidden
Westport
Conn
Middle East tensions surge over Iraqi executions
Abba Eban denounces Baghdad hangings as a degradation of humanity. De Gaulle warns of bloody chaos without action, calls for a Middle East settlement plan with major powers. Podgorny backs Arab state support but seeks political settlement. Britain and Vatican leaders urge restraint and condemn racism accusations tied to the executions. demonstrations occur in Rome and at the British Embassy as Iraq defends the internal affair. A spy trial and mass protest reports add to the volatile backdrop.
MENTIONED IN THIS ARTICLE
Iraq
Abba Eban
Baghdad
de Gaulle
Middle East
Moscow
Nikolai Podgorny
Israel
Russia
Qahtan Al-Shaahi
South Yemen
Britain
United States
London
Vatican
Paul VII
Rome
Ra‘dia
Egypt
U.S
Central Intelligence Agency
Damascus
Syrassia
Abdul Karim Sabbagh
Widow Learns From Husband Courage Amid Pain
MINNEAPOLIS AP The young widow of Ron Frederickson 33 chose death over treatments that might have prolonged life She says she learned about courage and what it is like to live and work in pain Frederickson died Monday in his wife Karen 24 arms He signed a waiver removing himself from kidney machine treatments He told his doctor I’m ready to die He died on his seventh wedding anniversary He had been ill three years and was totally blind The couple had no children She said I loved him very much It was hell the last months He couldn’t lie down sleep or sit He stood and paced He wanted to die to end the suffering He believed in heaven kept him going Funeral services will be held here Thursday afternoon
MENTIONED IN THIS ARTICLE
Minneapolis
Minn
Ron Frederickson
Frederickson
Karen
Fredericksons
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iMaj
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Ronald L. Ziegler
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