Shultz Laird clash over tax policy sparks misreadings
AP dispatch reports a White House briefing admitting possible misunderstanding over tax policy between George P. Shultz and Melvin Laird. Shultz criticized Laird for involving economic policy while Laird had floated an anti inflation refundable tax increase. Warren downplayed a rift, citing Shultz’s Tokyo absence and recent discussions with the President.
MENTIONED IN THIS ARTICLE
Washington
George P. Shultz
Melvin i. Laird
Shultz
the Treasury
Tokyo
Laird
Chile’s Junta Claims 10000 Extremists Invaded Country
Chilean military junta states over 10,000 extremists from Mexico, Cuba, Argentina, Uruguay and other nations infiltrated Chile prompting the coup that toppled Allende. Bonilla cites foreign fighters as threat and says deportations began. Casualties and arrests noted as streets reopen after curfew lifting.
MENTIONED IN THIS ARTICLE
Santiago, Chile
Chile
Oscar Bonilla
Presi
Allende
Ministry of Defense
London
Morning Star
Jorge Timossi
Flooding Hits Laurens Area Flash Flood Swamps Center
Laurens South Carolina reports a midmorning flash flood from the Little River segment. A shopping center and nearby homes were flooded while cars washed away. Guards patrolled roped-off stores as crews evacuated stock and repair crews battled mud. Bridges closed due to a large hole. Many businesses faced roof access and water depths reached four to seven feet. Some boats and tires were lost or damaged. no injuries reported.
MENTIONED IN THIS ARTICLE
Laurens
S.C
Little River
J. W. Hamilton
National
Tommy Young
Edwards 5
James May
Lamar LeCroy
Belk's
Hamilton
Old Grocery Bags Valuable GO GUVERNEUR NLY
Pete's Big M Market owner Peter Hills in Gouverneur offers cash for returned grocery bags as Canadian raids and papermakers strikes hurt bag supply. He uses thousands of bags weekly, with customers earning 2 to 2.5 cents per large bag. The store previously ran short and borrowed bags.
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Guverneur
Nly
Peter Hills
Pete
Big M
Hilts
Hills
Banks Told To Justify Prime Rate Increase
Nixon administration's Committee on Interest and Dividends ordered First National City Bank of New York and Wells Fargo Bank of San Francisco to justify a record 10 percent prime lending rate. Wells Fargo said it complies and can justify. Citibank declined comment.
MENTIONED IN THIS ARTICLE
Washington
Committee On
First National City Bank of New York
Wells
Agnew probe data to grand jury in Maryland case
Attorney General Elliot Richardson will have Baltimore grand jury consider information from the Agnew investigation amid ongoing questions on indicting Vice President Spiro T. Agnew. The Maryland corruption probe centers on architectural firms and contractors. Dale Anderson, Maryland official, pleaded innocent to bribery and related charges. Anderson, ex-Baltimore County executive, was released on recognizance and faces a January 7 trial. the case involves a $46,420 alleged extortion.
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Washington
Adv
Elliot L. Richardson
Spiro T. Agnew
Maryland
Richardson
Baltimore
Agnew
Baltimore County
Dale Anderson
Justice Department
J. Marsh Thomson
Anderson
U.S. Dist
Joseph Young
Norman Ramsey
Young Anderson
Sug
Council Plans Higher Ceilings for Gas and Fuels
The council will raise ceiling prices for gasoline diesel and home heating oil after reviewing industry cost data due by Sept 25. A one cent per gallon rise in gasoline and home heating oil price is to take effect Monday for Atlantic Richfield Co. The move aims to keep ceilings in line with import and crude costs, with forms to be submitted by dealers and meetings with major oil importers set for next week.
MENTIONED IN THIS ARTICLE
Washington
Cost of Living Council
John T. Dunlop
Dunlop
Atlantic 2Ichfield Co
Four Watergate defendants seek to reverse guilty pleas
Four of the original seven Watergate defendants filed with U S District Judge Job J Sirica saying they were deceived into pleading guilty and requesting a possible jury trial if allowed to change pleas They pleaded guilty on January 15 1973 to conspiracy burglary and wire tapping at the Democratic National Committee headquarters Each said no promises or coercion influenced their pleas and Sirica urged careful decision making in court records they quoted from the 1970s era proceedings
MENTIONED IN THIS ARTICLE
Watergate
Job J. Sirica
Sirica
Bernard L
Henry B. Rothblatt
Daniel Schultz
Bargaining Sessions To Continue Today In Auto Strike
United Auto Workers strike Chrysler involving 113 300 workers after 14 hours of talks failed to yield a new three year contract. Gen Motors and Ford contracts extended. Chrysler jobs to be crossed and 3 plants continue partial operation making parts for other automakers. Talks resume Saturday as wage health and safety issues loom large.
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Detroit
Mich
United Auto Workers
Chrysler Corp
General Motors
Ford
UAW
Leonard Woodcock
Chrysler
Odueal
Woodcock
Willian O'Brien
Lonmocrow
O'Brien
Kokomo
Ind
Fostoria
Ohia
van Wort
Ohio
Nation's industrial production slips in August decline
The Federal Reserve Board reports a 0.2 percent drop in August in the index of industrial production, led by a sharp fall in automobile and truck output due to parts shortages, plant shutdowns from heat, and work stoppages. Excluding autos, the index rose about 5 percent, signaling lingering economic resilience.
MENTIONED IN THIS ARTICLE
Washington
Tme
Federal Preserve Board
Ita Index of
Laos coalition government pact signed at Vientane
Padhl Kao and Pathet Lao officials signed a coalition government agreement in Vien Tiane amid quiet ceremony. Past coalitions in 1987 and 1982 failed, but Souvanna Phouna urged world powers to help the accord hold. The U S embassy offered cooperation and assistance.
MENTIONED IN THIS ARTICLE
Laos
Vienatane
Pathel
Kao
Vientiane
Pathet Law
Souvanna Phouna
Virginia and North Carolina Weekend Weather Outlook
Saturday brings partly cloudy and breezy skies across Virginia with cooler mountain conditions and highs reaching the mid 70s. North Carolina sees clear to partly cloudy with a coastal chance of showers Sunday and cooler nights, while inland areas stay mild.
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Virginia
Jewa
North Carolina
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Carlos Prats
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Popular Unity
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Clodo
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Lee Agnew, Page SA
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