Ford recalls 40,000 as recession signs appear
Ford Motor Co. says 39,900 hourly employees laid off since Jan 10 will return to work Monday while 22,875 hourly workers face possible temporary or definite layoffs next week. New housing starts dropped to eight year low, 35 percent below 1973 levels, signaling broader recession.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Commerce Department
General Motors
Chrysler Corp
Balloonists complete longest hot air crossing of Lake Michigan
Paul Woessner aged 22 and Steven Neulander 41 piloted an 8 story high gold and orange balloon 90 miles from Wheeling Illinois to a bullseye landing near South Haven Michigan in 3 hours 19 minutes. The water crossing is described as the first of its kind and the longest successful hot air flight over a body of water.
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Chicago
Paul Woessner
Steven Neulander
Michigan
Lake Michigan
Wheeling
Ill
South Haven
Mich
Nee
CAB approves fare cuts for airlines
The Civil Aeronautics Board approved the first major cut in domestic air fares in over two years. An excursion plan from American Airlines reduces economy fares on routes 1500 miles plus by 20 percent in summer and 25 percent in other periods, with 14 day advance booking and 7 to 21 day destination stay rules. The agency urged similar cuts on routes 750 miles and above, provoking criticism from United Air Lines.
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New York
Civil Aeronautics Board
Ford Administration
United Air Lines
American Airlines
Ford to campaign nationwide for economic plan
President Ford plans a national campaign this month to win public backing for his economic and energy proposals. Officials say he will explain the program to the people with a series of appearances as Congress considers tax cuts and fuel taxes to raise revenues, with rationing debated on Capitol Hill.
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UPI
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Ford
Ron Nelsen
House
Senate
Capitol Hill
Nelsen
Administration
Treasury
William Simon
Interior
Rogers C.B. Morton
Nessen
Jackson vows Senate fight against use of oil tariffs
Sen. Henry M. Jackson says he will lead a Senate challenge to President Ford energy plans aimed at taxing or tariffing imported oil. He calls the proposed oil tariff and price decontrol inflationary and ruinous, and says Congress should block moves expected to raise energy costs for families.
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Jackson
Senate
Washington
UPI
Henry M. Jackson
D-Wash
Ford
New England
Congress
U.S
State of the Union
L. William Seidman
Federal Energy Administration
Four Nixon aides seek reversal of Watergate verdicts
Three ex Nixon officials John Mitchell H R Haldeman and Robert Mardian filed motions asking US District Judge John Sirica to overturn their guilty verdicts for conspiring to obstruct the Watergate investigation. Ehrlichman also sought relief earlier. They argue pre trial publicity denied fair trials and challenge trial rulings including Nixon testimony and tape custody. Jack Gleason received one month unsupervised probation after pleading guilty to running a secret 1970 campaign fund.
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Washington
Nixon Administration
John Sirica
Atty
John Mitchell
White House
H.R. Haldeman
Asst. Atty
Robert Mardian
John Ehrlichman
Mitchell
Halde
Haldeman
Jack Gleason
Union Oil profit sharing dispute sparks multiple strikes
Union Oil workers struck plants in Wilmington and refineries in San Francisco Santa Maria Illinois and Texas over a proposed cut in the profit sharing contribution from two percent of profits after taxes to one and a half percent The OCAW had pressed for a pension provision while other oil companies faced unsettled negotiations with Shell Mobil and Standard Oil of Ohio as a California strike continued at Standard Oil of California in El Segundo
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Union Oil Co
Wilmington
San Francisco
Santa Maria
Illinois
Texas
Standard Oil of
California
el Segundo
Shell
Mobil
Standard Oil
Ohio
Charles Armin
Oil, Chemical and Atomic Workers International Union
Long Beach
OCAW
Armin
Senate Democrats push rule change to secret ballot chairmen
The Senate moved toward a rule change forcing chairmanships to be decided by secret ballot by the Democratic Caucus, mirroring a House shift that toppled several long seated chairs. The plan preserves seniority but makes chairs accountable, with ballots to challenge nominees and possible new selections. Abraham Ribicoff was named chairman of Government Operations under the new seniority based process.
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Washington
Senate
House
Congress
House Democratic
Wright Patman
Texas
Wayne L. Hays
Ohio
Banking and Currency Committee
House Administration Committee
Patman
Henry S. Reuss
Wisconsin
Hays
Frank Thompson Jr
New Jersey
Reuss
Thompson
Robert G. Stephens Jr
Georgia
Banking Committee
Poage
Hebert
Price
Abraham A. Ribicoff
Connecticut
Skitch Henderson receives six month tax case sentence
Skitch Henderson is sentenced to six months in prison in a tax case. The ruling highlights the musician's legal trouble amid a broader series of investigations affecting media figures and government policy discussions.
MENTIONED IN THIS ARTICLE
Skitch Henderson
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First National City Bank
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Henry Jackson
Nixon
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David E. Rosenbaum
New York Times Service
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Melvin Price
Edward Hebert
Louisiana
Armed Services Committee
Thomas S. Foley
W.R. Poage
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Roddy McDowall
UC Regents
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Johnson
CIA
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