California jobless rate hits nine percent in December
California unemployment rose to 9 percent in December the highest since June 1971 with 787 600 workers unemployed the state EDD said Rich Camilli noted conditions may worsen as auto and construction slumps The department said 42 300 more jobless and 410 800 on unemployment insurance. national rate 7.1 percent. President Ford and AFL CIO leader Meany urged action.
MENTIONED IN THIS ARTICLE
Sacramento
California
Employment Development Department
Rich Camilli
Camilli
Unem
Ford
George Meany
Afl-Cio
AT&T seeks 7.2 percent rate hike on interstate calls
AT&T asks the FCC for a 7.2 percent increase to take effect March 4 amid inflation. Richard Hough of AT&T's Long Lines says a one minute initial period would replace the three minute period for many calls and explains time based pricing across daytime, evening, and night periods. The proposal would raise revenue and shift higher costs to operator assisted and certain call types, with examples showing New York City to Los Angeles and nearby Newark, N J costs rising from current rates to new structured charges.
MENTIONED IN THIS ARTICLE
New York
UPI
American Telephone & Telegraph Co
Federal Communications Commission
Richard Hough
At&t
Long Lines Department
Hough
Bell System
Canada
Mexico
New York City
Los Angeles
Newark
N.J
First National City Bank of New York
American Telephone & Telegraph
U.S
Zurich
London
Frankfurt
Paris
U.S. loosens credit to fight recession
The Federal Reserve eased credit restrictions amid rising unemployment. The 7% discount rate cut to 7% aims to spur business investment and job creation, with officials urging Ford and Congress to act on stimulus measures. A slew of economic moves followed, including banking liquidity actions and calls for tax cuts and public works funding.
MENTIONED IN THIS ARTICLE
Richard Hughes
UPI
Federal Reserve Board
Ford
Congress
Federal Reserve
Ford approves 95 billion defense budget for coming year
The Ford administration signs a 95 billion defense budget, an 11 billion rise from the current level. Officials say 13 percent increase is needed to fight inflation and maintain U S defense posture, though Senate and House majorities may challenge the plan amid inflation eroding readiness and funding gaps in weapons programs.
MENTIONED IN THIS ARTICLE
Washington
Ford Administration
Pentagon
Congress
United States
House
Capitol Hill
Pentagon fights inflation in defense budget debate
Pentagon officials argue the new fiscal year budget should cover inflation to keep pace with rising costs. They note costs rising about 12 percent annually versus a 6 percent inflation assumption, pressuring warship programs and other major weapons. Congress may seek deeper cuts, challenging the U S goal of military equilibrium with the Soviet Union.
MENTIONED IN THIS ARTICLE
Pentagon
Defense Department
Defense
James R. Schlesinger
Office of Management and Budget
Congress
Capitol Hill
United States
Schlesinger
Soviet Union
Haldeman seeks new Watergate trial over TV reports
Attorneys for H R Haldeman ask U S District Judge Sirica for a new trial alleging jurors may have violated his gag order during deliberations. They cite a Washington Star News interview with juror Ruth Gould claiming limited Nixon pardon discussion, while Gould denies making such statements.
MENTIONED IN THIS ARTICLE
Washington (Ap
H.R. Haldeman
U.S
John J. Sirica
Haldeman
White House
John J. Wilson
Frank Strickler
Ruth Gould
Washington Star- News
Ford signs trade bill with emigre clause reservations
President Ford signed the Trade Act of 1974 granting most favored trade status to the Soviet Union and other Communist nations amid a stormy 2 year passage. He voiced regret over a provision pressuring USSR emigration of Jews and other dissidents while praising the bill's tariff and relief measures to aid U.S. industries and developing nations.
MENTIONED IN THIS ARTICLE
Washington
UPI
Ford Friday
Soviet Union
Congress
U.S
Ford
White House
Ford to appoint blue ribbon panel on CIA spying
President Ford plans a Warren Commission style panel to probe alleged domestic CIA spying in the United States. White House officials say Ford will announce a plan by midweek after meetings with Kissinger Schlesinger Colby and Helms. Congressional leaders say hearings will proceed regardless of a panel.
MENTIONED IN THIS ARTICLE
Washington
Ford
CIA
United States
Administration
Henry A. Kissinger
Defense
James R. Schlesinger
William E. Colby
White House
Ron Nessen
Richard M. Helms
Helms
Iran
Kissinger
Warren Commission
John F. Kennedy
Lucien Nedzi
Dmich
House Intelligence Subcommittee
National Security Council
Nedzi
Council
Colby
Counterintelligence
Soviet Union
James J. Angleton
Richard Ober
Angleton
Ober
Brown makes three major appointments noted in state coverage
Government picks new appointees as Brown strengthens control with three key selections. Brief reports also flag a 13 year low death toll in the state for 74 and a science inquiry into substances in a city’s drinking water. A Superior Court ruling frees Jim Catfish Hunter from the reserve clause, affecting baseball contracts.
MENTIONED IN THIS ARTICLE
Superior Court
Jim “Catfish’ Hunter
Also Mentioned on This Page
Boston
Philadelphia
Richmond
Cleveland
Dallas
San Francisco
Fed
Meany
William Proxmire
D-Wis
Ford Oks
N.Y. Times
Gould
Rockefeller
Sen
Robert Byrd
Hugh Scott
Rep
al Ullman
Brown
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!