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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 08, 1971
Page
6
Nixon outlines Phase 2 to curb inflation with wage and price boards to temper adjustments while avoiding broad government constraints. He aims for a 2 to 3 percent inflation rate, with Phase 3 possible if the economy stabilizes, and notes willing cooperation from business and labor leaders for voluntary restraint.
A set of nine aims outlines a plan to boost productivity reward work, link wage growth to productivity, ensure competitive capital formation, pursue fair trade rules, improve living standards, and unite industry labor and government. It calls Americans to speak out and influence decisions across all arenas.
London reports the Shah and Empress of Iran host a grand Persepolis celebration from Oct 12 to 20 with 60 heads of state invited. The event features Scheherazade city amenities, Maxim's catering, airlifted staff in $800 uniforms, 20 miles of new highways, a heliport, and thrones in French blue velvet.
A satirical portrait of Rep. F Edward Hebert funds a committee portrait and implies payto-play favors for Navy and Army projects. Separate piece mocks Mercury outboards leader for denying pollution while EPA funds industry tests using industry supplied motors.
Debut 72 promotes a $20 million nationwide furniture blitz with 250 manufacturers and 2000 retailers, plus clinics and giveaways. Home Furnishings Council divides four markets and tracks editorial spinoffs as promotions ramp up consumer interest in furniture values.
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