The Price Of Inflation Too High To Pay
Editorial notes that 700 billion dollars spent on construction in the 1960s equaled about a tenth of GNP but fell short of needs. Inflation reduced real value by at least 85 billion, effectively denying a full year of construction. Housing waits for lower rates or subsidies as inflation burdens the sector.
MENTIONED IN THIS ARTICLE
McGraw-Hill Informations System Company
N.C
Associated Press
AP News
High Point
N. C
High Point Enterprise, Inc
Gilbert H. Clinard
Greensboro-Guilford County
N. C. State University
Raleigh
New York Philharmonic
Bayanihan Philippine Dancers
Zagreb Philharmonic
van Cliburn
American Ballet Theatre
London Bach Society
U. S
Maghreb nations move toward closer regional ties
The Arab Maghreb region comprising Morocco Algeria Tunisia and formerly Libya sees Libya drifting toward pro-Nasser stance while the three western nations push regional economic integration and confederation. The shift may check pan Arab expansion and signal a gradual tilt toward the west for Algeria and others.
MENTIONED IN THIS ARTICLE
Morocco
Algiers
Tunis
Libya
Spain
Nasser
Algeria
France
Free World
Egypt
Sudan
Israel
National health insurance debate fuels anxiety over rising costs
As cost growth strains private coverage, officials and experts push for a national plan. Nixon administration cautions reforms come first, while projections say costs will stay high regardless of whether funded by premiums or taxes.
MENTIONED IN THIS ARTICLE
Truman
Congress
American Medical Association
Nixon
Blue Cross Association
Blue Cross
Chicago
Oakland
Calif
New Jersey
Herrera Dominates Bank and Costs in Latin America Loans
A Bell-McClure Syndicate profile portrays Felipe Herrera as powerful Inter-American Development Bank president. It cites lavish spending, questionable lending, and personal use of funds including mortgage costs and printing speeches, highlighting waste and rapid year-end loan approvals.
MENTIONED IN THIS ARTICLE
Washington
Felipe Herrera
Inter-American Development Bank
Hemisphere
Herrera
Bank
Latin America
Notes on News Lush Job Merry and Bank Spending
A column criticizes Herrera for overstated bank holdings and lavish upgrades. It cites a Washington headquarters valued at 7.5 to 8 million, a 10 million past purchase, and a proposed 35 million building funded by a 19 million loan. The confidential audit blames lax loan due diligence and weak market analysis, though reforms have begun. Herrera was unavailable for comment.
MENTIONED IN THIS ARTICLE
Washington
Herrara
Herrera
Latin America
U. S
Community Leaders Face 1969-70 Roles And Local Projects
The piece highlights Charlie Phillips' willingness to serve another term in the House, praising his experience and dedication to education. It notes local leadership shifts including hospital board chairman Henry Foscue, the Theatre for Children project, naming debates for a new lake, and redevelopment moves for a post office.
MENTIONED IN THIS ARTICLE
General Assembly
Charles W. Phillips
Good Afternoon
Charlie Phillips
Guilford
Hospital Board
Henry Foscue
Sidney A. Gayle Jr
Foscue
U. S
East Green Drive
East Commerce
Centennial
Mangum
Washington
Also Mentioned on This Page
Titasy
Bell-McClure Syndicate
Mexico City
By Jack Anderson
Ioan
Europe
Venezuela
High Point Enterprise
THE
North Main Street
D.a.rawley
C. H. Lockwood
David A. Rawley, JR
Joseph P. Rawley
Randall B. Terry,jr
Holt McPherson
Joe Brown
C. W. Patterson, JR
W. W.idol,jr
Richard Teague
Adeoli McPherson
Old Trinity
High Int
R. S. Dickson
Powell, Kistler and Crawford
Bob Powell
Powell, Kistler and Company
Merrill, Lynch, Pierce, Fenner and Smith
Charles Carter
Forest Hills Presbyterian Church
Theatre For Children
New York
Deep River
J. M. Thomas
Westminster
Raymond Hayworth
Westminster Acres
Garland Blair
Deep River Church
Corum
Chipman Mill
Washburn Lake
Jess Washburn
A. R. Ankers
Britain
Rene
Worthing
London
Channel
Family Service Bureau
Ethel M. Nash
J. D. Howard
Nash
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