Extended gold ban proposed by Burns and Simon
Federal Reserve Chairman Arthur Burns urged extending the gold ownership ban for at least six more months, citing inflation fears and possible rush to own gold when markets reopen. Treasury Secretary William Simon supported lifting the ban as scheduled, while Burns warned of potential fund shifts and effects on savings, housing, and banks.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Arthur, Burns
Congress
U.S
United States
Burns
House Banking Subcommittee On International Finance
T Hat
Treasury
William Simon
Simon
Henry Gonzalez
D-Fox
Gonzalez
Rescue teams comb rain soaked jungle for jetliner crash victims
Rescuers on helicopters battled rain as they recovered bodies from a Dutch DCI jet that crashed into a mountain in Sri Lanka while carrying 162 passengers and nine crew en route to Mecca. The four engine liner struck a sheer rock wall near Colombo, killing 19 people.
MENTIONED IN THIS ARTICLE
Colombo
Sri Lanka
UPI
Mecca
Ti Lanka
Tehran airport terminal roof collapses killing Americans
A roof collapsed at Mehrabad International Airport during heavy snowfall trapping up to 60 people. Officials reported 34 bodies recovered with as many as 26 others feared buried. three foreigners among the dead including American Michael Nimla of Milwaukee. Hospitalized American Edward Kasaval faced fractures. authorities urged rescue under police and military coordination as snow hindered efforts.
MENTIONED IN THIS ARTICLE
Tehran
Mehrabad International Airport
Michael Nimla
Milwaukee
Wis
Hushnang Arashi
Iran
Civil Aviation Board
Hassan Setoudeh
Edward Alfred Kasaval
Detroit
Arya Mehr Hospital
Arabi
Brussels
Tran Air
London
Unemployment Proposals Expand Public Service Jobs Aid
The House plans action on Ways and Means and Education and Labor bills to extend unemployment benefits. The Education and Labor panel would fund up to 500,000 public service jobs over six months and add jobless benefits, while the Ways and Means plan would allow extended benefits for those exhausted under state programs. Criteria set for eligibility target large and small areas alike.
MENTIONED IN THIS ARTICLE
House
Way
and Means Committee
Education and Labor Committee
Ways and Means
Turks on alert as Makarios returns to Cyprus
Turkish authorities declare a precautionary alert on the eve of Archbishop Makarios return to seek presidency in war divided Cyprus. Turkish Cypriot spokesman Zafer Zihni cites fear of trouble on the Greek side spreading to Turkish areas. Greek Cypriot government orders shops and schools closed as residents plan mass rally in Metaxas Square. Flags of Makarios appear in Greek sector of Nicosia as tensions rise.
MENTIONED IN THIS ARTICLE
Necossa
UPD
Forccs
Makarios
Cyprus
Zafer Zihni
Cepress
Tration
Zihni
Technica
Metaxas
Turkey
Nicosia
Beans glut eases as government buys dry beans
Washington reports steps to curb bean bulge from a record harvest with dry beans to be bought for schools and needy families. Farm prices have fallen from 47.3 cents per pound last March to about 20 and farmers previously earned around 10 cents per pound.
MENTIONED IN THIS ARTICLE
Washington
Hnck
Agriculture Department
USDA
Sirica rules Nixon testimony not indispensable in Watergate case
Judge Sirica rejects Ehrlichman argument that Nixon's testimony is essential to the defense. He says Nixon’s testimony should not be overestimated and notes Nixon is himself a grand jury target as an unindicted co-conspirator. The ruling allows the trial to proceed with Enrlichman’s defense while cross-examinations continue for Haldeman and others. Lawyers for the three defendants plan five challenges to Sirica’s rulings before the jury verdict.
MENTIONED IN THIS ARTICLE
Ehrlichman
Nixon
White House
Haldeman
Sirica
Gran Jury
Enrlichman
Watergate
Robert C. Mardian
Kenneth W. Parkinson
Mitchell
William G. Hundley
Colson
E. Howard Hunt Jr
Mr. Hunt
Committee For
Hundley
Hunt
Elisberg
Colson claims Mitchell offered to bug HHH room
Colson testified that in June 1972 Mitchell suggested placing a bug in a Waldorf Astoria room where Hubert Humphrey would meet with Dwayne Andreas, a Humphrey backer. He said this offhand remark helped prompt Nixon to pressure Mitchell to accept guilt, amid Watergate trial tensions.
MENTIONED IN THIS ARTICLE
Washington
UPD
Charles W. Colson
John N. Mitchell
New York
Hubert H. Humphrey
D-Minn
Mitchell
Richard Nixon
Nixon
Colson
Watergate
Mitchel
Humphrey
Waldorf-Astoria
New York City
Dwayne C. Andreas
Minneapolis
Richard Ben-Veniste
Ben Veniste
Andreas
FBI
Also Mentioned on This Page
U. S
Peggy Simpson
Ali Massoudi
RCA
RGA
Lona
Fow
Mozambique
ROA
Reliable TV Ovanee
Semis Beach
Aol Tong Beach Bivd
Ormer of Ath Sr
Tema Bancanemeras
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