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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Jul 19, 1974
Page
3
Washington AP reports the Commerce Department says real GNP fell 1.2 percent in the quarter ended June 30 after inflation eroded the 7.5 percent nominal gain to $1.38 trillion. Two consecutive quarterly declines mark recession conditions per broader indicators and expert comment.
AP reports marked White House notes reveal Maurice Stans sought a top post with an organization such as the World Bank as a reward for his 1972 campaign finance chair duties. Haldeman repeatedly blocked such posts, underscoring NSA level influence on impeachment records and political favors.
Gastonia North Carolina authorities say two inmates were shot during an escape attempt at the Gaston County jail as two other prisoners held a jailer at knifepoint. Inmates Lewis Walker and David Black were treated at Gaston Memorial Hospital in satisfactory condition. Deputy Terry fired as the pair fled the building. Black was captured minutes later near the jail. Mitchell and Lanford, awaiting trial in the April kidnapping and murder of Kathleen Smiley, were among the prisoners involved.
U S officials view Arch bishop Makarios chances of recapturing control in Cyprus as extremely remote while diplomatic recognition remains withheld from the new leadership. The aim is to prevent a Greece Turkey war, with Sisco likely to visit London after London talks.
DuPont and eight other chemical manufacturers were indicted by a federal grand jury on charges of conspiring to raise and fix dye prices starting in 1970. The group, which controlled about 69 percent of U.S. dye sales, sold $300 million in 1971. If convicted, each firm could face fines up to $50,000 plus possible civil penalties.
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