Two Billion More For Home Mortgage Loans
President Nixon's campaign secured an additional 2 billion for home mortgages beyond last year's 5 billion from banks, insurers, and pension funds. The extra funding aims to finance about 150000 new homes and may ease building and interest rate pressures, though analysts warn rate cuts are not guaranteed. A separate Charlotte ordinance targets auto theft by making it a four dollar fine to leave a car with the ignition key in place, arguing it protects motorists.
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Nixon
Charlotte
Forces of Apathy Defeats Yarborough in Texas Primary
Senator Ralph Yarborough blamed voter apathy after a for Lloyd Bentsen Jr. in a Texas primary. Voter turnout barely 15 percent raised questions about the democratic process and reshaped candidacies including Gurganus and Futrell.
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Lloyd Bentsen Jr
Conan
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Edgar J. Gurganus
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Ashley Futrell
Washington, D
Lee
Trade barriers rise as House moves on new trade act
The Ways and Means Committee will begin hearings on new trade legislation amid rising protectionist sentiment. Quotas on shoe and textile imports are being pushed as a first target, tied to a broader drive to curb imports while exports keep growing.
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United States
Japan
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Republic
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Nixon
Wilbur D. Mills
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Nixon plans continued Vietnam troop withdrawals despite Cambodia push
President Nixon aims to keep gradual pullouts from South Vietnam on track even as more U S combat troops move into Cambodia. He told aides he expects another 150000 to depart by year end while seeking to reduce support troops by 50000 to 60000, with replacements arriving to hold overall totals steady.
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Nixon
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Draft ends not yet as Nixon weighs all volunteer army
President Nixon aims to move toward an all volunteer force by making service more attractive while phasing down draft calls. Officials say the draft will not end in July, but progress toward zero remains the goal, with plans to strip deferments and call the youngest first. A separate SALT talks update notes cautious Russian-American dialogue in Vienna and a focus on limiting weapons while preserving retaliation options.
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North South golf title battles end as Cowan wins
In a tight final at Pinehurst Canadian Gary Cowan defeated Dale Morey 5 and 4 to claim the North South title. Morey struggled with an elbow injury and nerve issues despite a strong run and support from Dr. Goldner. Cowan kept pressure with sharp putting and steady play to prevail as Morey fought through numbness and fatigue.
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Pinehurst
Gary Cowan
Goldner
Duke
Florida
Cowan
Dr. Goldner
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