Airlines slash long distance excursion fares to 291 dollars
Prices across transportation and consumer goods fall as airlines trim 25 percent on long flights, cutting New York to Los Angeles round trips to 291 dollars. Ground goods follow with rebates, car and home sales, and discount fabric and sugar price declines amid a broad inventory relief trend.
MENTIONED IN THIS ARTICLE
New York
Los Angeles
American Airlines
British Leyland Motors Corp
Schenectady
N.Y
American Motors
State American
Fort Walton
Fla
Taylor Television and Appliance
Kaufman & Broad
Long Island
Wally Findlay
57Th Street
Picasso
Renoir
Saul Kolodny
Amstar
J.C. Penney
Sears, Roebuck & Co
Sears
Church to chair intelligence inquiry in historic hearings
The Senate Watergate panel moves toward a full public probe of CIA FBI and military intelligence activities with Senate Democrat Church expected to become chairman. Cranston warns of cover up incentives while open hearing plans clash with sensitive secret sessions. Church previously led ITT hearings on US intervention in Chile.
MENTIONED IN THIS ARTICLE
CIA
FBI
Sam J. Ervin Jr
North Carolina
Watergate Committee
Church
Alan Cranston
Dcalif
Cranston
Tower
Senate
Hart
Michigan
Foreign Relations Committee
International Telephone and Telegraph Corp
Salvador Allende Gossens
US Economy Sees Weak Dollar and Higher Oil Costs in 1974
The dollar fell sharply in Zurich and in the U S markets, while officials warned against prolonged weakness. Analysts note a tripled oil bill, with 101 billion dollars in 1974 imports and 97.9 billion in exports, as farm and machinery exports rose. Manufacturing productivity in Q4 improved 0.6 percent, but unit labor costs surged 14.7 percent amid rising wages and social costs. real compensation per hour dropped 2.8 percent.
MENTIONED IN THIS ARTICLE
Zurich
Treasury
William Simon
Commerce
Frederick Dent
United States
Labor Department
Tax cut plans show split on social security credit and oil taxes
Ul annan discusses making a social security tax credit permanent while enlarging the investment tax credit to ten percent. Ford aides push a twelve percent individual rebate and energy tax cuts as Ullman schedules committee drafting for mid February to October targets. Scott cites willingness to compromise on oil tariffs and notes continued opposition to gasoline zoning and debt ceiling changes. Paul Volcker and Herbert Stein support permanent income tax rate cuts.
MENTIONED IN THIS ARTICLE
Ullman
Scott
White House
Ford
Congress
Nixon Administration
Paul A. Volcker
Herbert Stein
Eastland denies bribe payoff in wiretap case
UPI reports Senator James Eastland denies claims by Jack Anderson and Les Whitten that he accepted a 50 000 to 60 000 payoff to shield Nelson Bunker Hunt from a wiretapping investigation. The Hunts face indictments tied to Patrick McCann's 1970 arrest and alleged witness threats are alleged by the columnists.
MENTIONED IN THIS ARTICLE
Eastland
Washington
UPI
James C. Eastland
D-Miss
Jack Anderson
Les Whitten
Texas
Senate Judiciary Committee
Nelson Bunker Hunt
Justice Department
Nelson Hunt
Herbert
Patrick McCann
Dallas
Anderson
Hunt
Richard Kleindienst
U.S. Parole Board
McCann
Parole Board
Mississippi
Courtney Pace
Whitten
Nelson
Herbert Hunt
Treasury
John Connally
Nixon
H.L. Hunt
Hunts
Connally
Bunker Hunt
John Singleton
Houston
High Court declines Liddy appeal in Watergate case
The Supreme Court refused to hear G Gordon Liddy’s appeal as he serves up to 20 years for Watergate charges. The court also required a higher standard for federal districting edits and left in place rulings that Minnesota abortion limits and a Massachusetts hospital rule are unconstitutional. It called for oral arguments on a federal state dispute over offshore oil reserves and set arguments for late February. It held that ending automatic jury excuses for women cannot overturn all male jury convictions and agreed to hear cases on coal mine safety and employee regulations and trials in prisoners’ clothes.
MENTIONED IN THIS ARTICLE
Washington
G. Gordon Liddy
Minnesota
Massachusetts
Atlantic
Airlines set new U S Europe fares amid transit travel push
U S and European carriers voted to restore reduced youth fares effective April 1 to spur transatlantic travel and curb Canadian fare hopping. IATA plans a 10 percent rise in passenger fares and introduces the APEX economy fare at about half price for advance bookings and longer stays.
MENTIONED IN THIS ARTICLE
NEW York — International Airlines
Europe
Canada
Atlantic
Civil Aeronautics Board
Geneva
Switzerland
International Air Transport Association
IATA
North Atlantic
Protesters seize Viet consulate in San Francisco
Fifteen Vietnam War veterans and supporters occupied the South Vietnamese consulate for about an hour in a nonviolent protest. They included six women and nine men, one in a wheelchair, and were led out in handcuffs as a crowd outside chanted antiwar slogans.
MENTIONED IN THIS ARTICLE
San Francisco
NLF
Washington
Vietnam
Capitol Hill
Congress
South Vietnam
Saigon
State Department
Paris
Pilot in fatal crash questioned altitude near Upperville
Trans World Airlines captain told ATC and crew that the 3,400 foot minimum chart seemed high as he prepared for approach. The aircraft struck a 1,754 foot mountain near Dulles after a downdraft, killing 92 aboard in the December 1 crash.
MENTIONED IN THIS ARTICLE
Arlington, Va
Upperville
National Transportation Safety Board
Trans World Airlines
Dulles International
Washington
Indianapolis
Ind
Columbus
Ohio
Also Mentioned on This Page
High Court
Liddy
U.s.-Europe
Combined News Services
London
APEX
Viet