Dollar decline nears solution amid Rome talks
Major industrial nations meet in Rome to fix new currency values and plan a Washington follow up. Prospects of dollar devaluation trigger selling across Europe while banks intervene to stabilize, with implications for gold prices, imports, and U.S. exporters. Strong entities include United States, Rome, Europe, Bundesbank, yen, frank, gold.
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Guaranteed income plan for elderly urged by Nixon
President Nixon urged rapid approval of a guaranteed annual income for the aged and broader federal programs to aid retirees. In a White House Conference on Aging address he called for private pension reforms and nursing home oversight, with proposals including a minimum elderly income and expanded Social Security benefits.
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Lakewood robbery suspect dives through window to flee
Daniel E. Fernandez 20 fled deputies at 28rd Street and Norwalk Boulevard, leaping through a front plate-glass window into his home and stripping before surrendering. A 15-year-old sister was detained for interfering. He faces armed robbery charges and is suspected in local holdups.
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Daniel E. Fernandez
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Debris Found in Missing Light Plane Crash Near Grapevine
Long Beach air searchers spotted wreckage of a single-engine Cessna 140 piloted by Billy Joe Willis, a 24 year old La Puente resident, near El Tejon Pass south of Bakersfield. Kern County sheriffs deputies recovered Willis's body as CAP members reported no signs of life. A large search effort with four helicopters and 29 fixed-wing aircraft had covered the route after Willis departed El Mani airport Tuesday for a solo flight for certification.
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Oil spill cleanup begins at Huntington Beach Park
Coastal Emergency Cooperative said Gulf Oil Co is cleaning the spill while Crosby and Overton Inc. will start cleanup work at Huntington Beach State Park early today. A spokesman said assessing damage was hard due to darkness. officials call the spill small. The incident followed another oil spill earlier when Gulf Oil reported ten barrels at berth 192 in San Pedro.
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Long Beach
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Jackie Onassis recounts fear at Galella stalking incident
Mrs. Onassis testified about photographers racing down the aisle at a theater opening, flashing cameras near her and her guests. She described pursuing chaos, humiliating confrontations, and a bar across the street as she sought safety with her party. She and Galella face separate lawsuits over harassment and interference.
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Defender Misses Calling Leads to Mistrial in Los Angeles
In Los Angeles Municipal Court defender Shayne, 48, a salesman and unlicensed attorney, defended Ric Morris, 49, a man cited for a minor traffic violation. After vigorous questioning and a closing argument, jurors deliberated and the judge, Alfred L. Margolis, declared a mistrial. Shayne was jailed two days for practicing law without a license. Morris one day to deter unlicensed practice, with Morris still facing a curb-side dangerous driving charge and a $25 fine if convicted.
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Pal Shayne
Los Angeles
Shayne
Alfred L. Margolis
Heather-N-Law
Ric Morris
Morris
California Legislature Deliberates Tax Overhaul and Reapportionment
Reagan based the bill on a fund shortage though a Republican voices support for the measure as a good bill and an override vote. The two thirds votes needed for a veto override remain untested since 1946. Lawmakers approved reapportionment for four equalization districts but stalled on California’s 43 congressional districts while the minitax plan expands withholding and broadens taxes to fund senior relief and a $46 million program. The plan also tightens oil depletion allowances, raises bank and corporate taxes, treats capital gains, and taxes takeout foods and candy. Governor faced Senate censure over reallocation stance as Sen Richardson accused him of breaking campaign promises from 19bb.
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Senate
HL. Richardson
R-Arcadia
Trial due in Glacier bomb case
Seaman Recruit Maryin Stewart, 20, formerly of Lynwood, faces a general court-martial for willful damage arson and larceny in the firebombing of the icebreaker Glacier in Long Beach on July 20. Seaman Recruit Pat Thrasher, 19, of Cincinnati, faces similar charges. both men were aboard but did not sail. A six-man trial board will be selected by a judge advocate from the 11th District Headquarters as the preliminary session continues.
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