End of price controls for small business in phase two
Washington dispatches report the Cost of Living Council lifts price controls from rental property and small businesses as part of Phase 2. The Star notes the shift, cites IRS cautions on policing prices, and reflects on inflation risks and expected subscription and ad rate adjustments for 1972.
MENTIONED IN THIS ARTICLE
Washington Dispatches
Cost of Living Council
Internal Revenue Service
Star
Nixon
Two More Phantom Jets Down Over Laos in Indochina War
Saigon AP reports the United States lost its 13th and 14th planes since December as North Vietnamese gunners shot down two Air Force F4 Phantoms over Laos. Crews were rescued within 30 minutes. The battles near Khe Sanh and the Plain of Jars come amid intensified air raids with U S troops and artillery repositioning in Pleiku. The 101st Airborne ends 60 years of combat service in Vietnam.
MENTIONED IN THIS ARTICLE
Saigon
United States
Laos
U.S
Khe Sanh
Plain of Jars
Air Force
South Vietnam
Pleiku
The
Vietnam
101St
Hughes Book Publication Held Back By Bank Account Probe
McGraw-Hill Inc and Life magazine delay the Hughes memoir publication amid questions about a Swiss bank account for checks endorsed to H R Hughes. Clifford Irving claims Hughes collaborated, McGraw-Hill paid about 750000. A Nevada firm sues to block publication. Life planned a Feb 11 series.
MENTIONED IN THIS ARTICLE
NEW York
McGraw-Hill, Inc
Life Magazine
Howard Hughes
Zurich
H. R. Hughes
Clifford Irving
Hughes
McGraw-Hill
Irving
Nevada
Life Story
State
Supreme Court
Life
Dole calls bipartisan probe on Vietnam war causes
Republican chair proposes a special congressional committee to uncover the truth about the Vietnam war. Sen. Robert Dole accuses Democratic hopefuls McGovern Muskie Humphrey and Kennedy of backing the war and pushing for an inquiry to reveal how U.S. policy evolved and why lives were sacrificed. Florida primary set for March 14 with John V. Lindsay and Charles Evers endorsing candidate positions.
MENTIONED IN THIS ARTICLE
Bill Kosman
Associated Press
Vietnam
Republican National Committee
Robert Dole
Kansas
Congress
Washington
Dole
George cGovern
South Dakota
Edard M. Kennedy
Massachutts
Edmund S. Muskie
Aine
Hubert H. Humphy
Minnesota
McGovern
Muskie
Humphrey
Kennedy
South Vietnam
John V. Lindsay
Florida
Lindsay
Charles Evers
Fayette, Miss
Florida A&m University
Tallahassee
Nixon's State of the Union Draws Divided Reactions
President Nixon faced swift Democratic response as Muskie and Humphrey prepared a live nationwide radio and TV rebuttal. Republicans offered mixed praise with critics like Rep. Ashbrook calling the speech overly liberal and out of touch on national security. Nixon pledged a later plan to ease property taxes funding education, hinting at a possible value added tax, but action on school funding remains unlikely this year.
MENTIONED IN THIS ARTICLE
Carl P. Leubsdorf
Washington (Ap
Nixon
Edmund S. Muskie
Hubert H. Humphrey
Congress
John Ashbrook
Ohio
Ashbrook
New Hampshire
Muskie
Humphrey
Walnut Ridge Wreck Fatal in Fog and Rain
Ricky L. Tribble aged 23 of Walnut Ridge was killed in a seven vehicle collision four miles north of Walnut Ridge on U.S. 67. Three others were injured as a chain reaction crash occurred in heavy fog and rain Thursday night.
MENTIONED IN THIS ARTICLE
Walnut Ridge
Ark
Ricky L. Tribble
Here
U.S. 67
Deadlier Missile Subs Ordered
President Nixon calls for rapid development of a new undersea launched missile system to deter Soviet advances and push for a SALT agreement. Budget requests exceed 900 million for ULMS, with total defense spending near 80 billion. plans include converting Polaris subs and upgrading missiles. Also, the National River Academy wins approval for a 39 week marine diesel mechanics course for 15 students.
MENTIONED IN THIS ARTICLE
Robert A. Dobkin
Washington (Ap
Nixon
Soviet Union
State of the Union
United States
Vienna
U.S
Moscow
USMS
Congress
Pentagon
Allo
Little Rock
National River Academy
Manpower Development Training Program
Inflation slows as price freeze eased in December
The government reports December inflation at four tenths of one percent led by a 1.1 percent rise in food prices including a 5.6 percent jump in fresh fruits and vegetables. For 1971, the cost of living rose 3.4 percent, the best since 1967. The four-month period since Nixon’s price freeze shows a 2.4 percent annualized rise. The Commerce Department notes real GNP growth of 6.1 percent in late 1971 amid slower inflation, offering hope for a 1972 upturn. The annual 1971 GNP growth averaged 2.7 percent, below desired levels.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Statistics
Nixon
Commerce Department
Nixon hints at school finance reform and tax options
President Nixon revived talk of a value-added tax as a possible school financing tool, though he did not mention it in full. White House officials say a value-added levy has a positive view but no decision. Congress signals low odds for any tax this year as Nixon awaits studies on school finance and intergovernmental relations.
MENTIONED IN THIS ARTICLE
Edmond le Breton
Associated Press
Washington
Nixon
Ronald L. Ziegler
White House
Congress
Europe
Commission On
School Finance
Advisory Council On Intergovernmental Relations
House
Senate
Finance Committee
Ways and Means Committee
Wilbur D. Mills
D-Ark
Taxpayers Relief Prompts School District Struggles
The piece notes property tax strains in school districts, calling it inequitable and regressive as taxes have doubled in a decade. It cites court rulings on funding discrimination and discusses expectations for a value-added tax amid 1972 tax legislation debates with input from Nixon and lawmakers.
Hong Kong flu claim nears thousand deaths in US
The CDC reports the Hong Kong flu has killed nearly 1000 people this year, focusing on the elderly and chronically ill. In the week ending Jan 15, 83 influenza or pneumonia deaths were recorded, with regional outbreaks in 15 states and isolated cases in 14. Widespread rot outbreaks cited in several Northeastern and Western states, while 1968-69 tolls are recalled. Two traffic incidents in 24 hours. minor damage with no charges.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
National Center For Disease Control
Hong Kong
Kong
United States
CDC
Maine
Massachusetts
Rhode Island
Connecticut
New Jersey
Nebraska
Delaware
Colorado
New York
Michigan
Wisconsin
Ohio
Minnesota
Kansas
Iowa
South Dakota
Maryland
North Carolina
Texas
Louisiana
Idaho
Montana
Oregon
Yard of the Month Winners Named by Hope Council of Garden Clubs
Hope council names Yard of the Month winners in four wards with residents Ruby Buchanan K. G. Hamilton Fred Ellis and Leonard Ellis listed at East 3rd West 16th North McRae and East 2nd Streets. Also notes retirements at Ideal Cement Co Eddie Tollett James Lollar Curtis Caldwell George McClure Garfield Smith and Elton Lightfoot.
MENTIONED IN THIS ARTICLE
The
Hope Council of Garden Clubs
Ruby Buchanan
East 3Rd St
K. G. Hamilton
West 16Th St
Fred Ellis
North McRae
Leonard Ellis
East 2Nd St
Byron Thompson
Ideal Cement Co
Okay
James E
Jack’’ Tollett
James W. Lollar
Curtis C. Caldwell
George W. McClure
Garfield Smith
Elton
Jack’ Lightfoot
Also Mentioned on This Page
Mex. W. Washburn
Elgin W. Pitts
Pitts
Hope Star
Arkansas
Little Reck
Wiliam E. Knox
Lloyd Swann
GNP
Russell B. Long
D-La
Senate Finance Committee
Long
Elm
Third
Ritchie Grocery Co
Sim Walker
Richard White
Hope
Walker
White
Joy McCulley
Avenue B
Sally Andrews
J E Crain
Speedy Hutson
Jerry Goad
St. Edward Hospital
Fort Smith
Harry Shiver
Wadley Hospital
Texarkana
Tuesaday
Kenneth V. Powell
Arkansas State University At
Jonesboro
Delia L. Jordan
Raymond Jordan
Arkansas State Chamber of Commerce
Corn Belt
Hope Foods, Inc
Spears Carpet
Kilpsch & Associates
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