Senate Antitrust Bill Passes Senate With 6 to 18 Vote
The Senate approved a bill by six to eighteen, allowing states to sue for triple damages in antitrust cases and requiring 30 days notice to the government for major corporate moves. It authorizes new antitrust powers for the Justice Department and faces House approval and a possible Ford veto.
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House
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James B. Allen
Dala
Roman L. Hruska
R-Neb
Torneys
Unrest and rioting spread in South Africa townships
Riots erupt in Guguletu Ravensmead and Tierveld as cars are stoned and windshields smashed. Police disperse crowds at the Colored University of the Western Cape while Ki students protest on campus. Kruger asserts unrest centers on power and control in South Africa. A Stellenbosch study warns unemployment could rise sharply among black workers if recession deepens.
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Guguletu
Ravensmead
Rhodesia
South-West Africa
Namibia
South Africa
James T. Kruger
National Party Congress
University of Stellenbosch
Ford prompts smaller price rise than GM for 1977 cars
Ford Motor Co says 1977 price increases will be less than GM's average 5.9 percent hike. Chairman Henry Ford II would not specify the exact average, calling it "more than one percent" below GM. GM led the market with about 238 dollars per car rise overall. Ford and Chrysler previously signaled near six percent, while Ford notes steel price rollbacks after GM's move influenced its timing.
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Ford Motor Co
General Motors
Ford TI
Henry Ford
Ford
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