Inefficient competition cited as inflation factor
Assistant Attorney General Thomas E. Kauper warned of costly inefficiencies and alleged price fixing driving inflation. He said misallocations, wasteful practices, and conspiracies may push inflation higher, with potential billions at stake and hundreds or thousands of active schemes nationwide.
MENTIONED IN THIS ARTICLE
Washington
UPD
Thomas E. Kauper
Justice Department
Antitrust Division
Kauper
Mouse
Republican Conference
United States
Senate stalls on consumer agency bill again
The Senate again rejects invoking cloture on a 2 billion consumer protection agency bill. Vote 59 to 29, seven short of two thirds. previous tally failed by 10. Chief sponsor Percy says filibuster is a hoax, opponents allege meritless proposal.
MENTIONED IN THIS ARTICLE
Washington
Senate
James B. Allen
Dala
Charles I. Percy
Fran
Tunney attacks price controls on oil and gas
Sen John V Tunney of California charged that government price controls unfairly burden independent gasoline dealers. He cited the two tier pricing policy of the Federal Energy Administration, saying independents must charge up to 10 cents more per gallon than major oil companies which access price controlled crude.
MENTIONED IN THIS ARTICLE
Ers
Non-Parents Day Celebrated In Central Park
In New York City a quiet Central Park welcomed a playful observance titled the coronation of The Non-Parents of 1974 by the National Organization of Non-Parents. Isase Asimov placed laurel wreaths on Stephanie Mills and Dan Wakefield to mark the second annual Non-Parenthood Day as he urged society to favor childless couples over Mother’s Day sentiment.
MENTIONED IN THIS ARTICLE
New York
UPI
Central Park
National Organization of Non-Parents
NON
Isase Asimov
Stephanie Mills
Planned Parenthood of America
Dan Wakefield
Asimov
National Institutions Reform Act backed by four senators
A bipartisan quartet led by Sen. Javits urged broad reforms to curb executive power and prevent Watergate recurrences. Proposals include requiring the president to explain how laws are implemented, stronger congressional oversight, stricter financial disclosures, and a congressional State of the Union address by the House speaker.
MENTIONED IN THIS ARTICLE
Washington
Congress
Executive Branch
House
Jacob K. Javits
Javits
National Insti
Sens
Edmund
Muskie
Maine
Hubert H. Humphrey
D-Minn
Charles Percy
New York Republican
Congressional Office
No way to end inflation this year say senators
Two Democratic economists Warren Heller and James Duesenberry told the Senate Joint Economic Committee that there is no quick fix for inflation this year. They criticized Nixon's gradualist approach and urged wage and price surveillance over unions and corporations.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
White House
Democratic Party
Texas
Lloyd Bentsen
Congress
Bentsen
Senate
Walter Wheller
Council of Economic Advisers
Kennedy
James S. Duesenberry
Council
Johnson
Heller
Joint Economic Committee
Duesenberry
Cost of travel rises in U S by 14 percent
A private research group reports travel costs in the United States jumped about 14 percent over the past year. Gasoline prices led the rise, with rail fares up nearly 15 percent and meals away from home over 13 percent in the 12 months to June. The Senate approved a $4.56 billion public works funding bill.
MENTIONED IN THIS ARTICLE
Washington
United States
Senate
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U.S
Kaugier
Justice de
Partment
Department
Percy
Sam J. Ervin Jr
D-N.c
America
Earth
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Sne Eyee
Tale
Lua
Treasury Department
Bureau of Alcohol, Tobacco and Firearms
Lee
Ide Tg Es
Downey
Paramount Blvd
Ahhopping Center
Imperial Hwy
Long Beach
Long Beach Blvd
LA Habra
Euclid
Harbor
Garden Grove
Magnelia
Brookhurst
Dooley
AMGA
Dooley's
Dooley’s Hardware Mart
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