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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Mar 18, 1968
Page
1
Sylvia Porter analyzes the global gold rush and its impact on the free world and American money. Central banks expect gold to rise above 35 dollars before fluctuating, while limiting gold trades to monetary authorities. The piece weighs effects on bank savings, wages, cost of living, mortgages, and loan terms.
A Long Beach based service column ANSWER LINE fields inquiries on consumer issues. It details suspenders shopping, a lost hearing aid case, Corriganville Ranch history now Hope’s location, and how to obtain California legislative journals and histories with subscription costs.
Strong westerly winds from a distant high pressure system move into the coast after a weak storm. Long Beach records .08 inch of rain, totaling 2.96 inches for the season, with March 1967 at 2.07 inches. Winds at 25 mph plus persistence forecast to gustate before a calm night and clear skies through Tuesday.
In Grosvenor Square and Trafalgar Square a huge antiwar protest outside the U S Embassy escalated as police clashed with more than 10,000 marchers. Dozens injured, windows smashed, and numerous arrests followed during the 55 minute confrontation.
A going away party in West Compton ended in tragedy early Sunday when 26 year old John Leonard Davis was shot once in the chest near El Segundo Boulevard and Towne Avenue. Fifteen minutes later Eric Megomery Montgomery, 20, of 100 W Elm St Compton, was arrested on murder charges after deputies say he chased Davis from the house following a 3 am argument. Davis died at Las Campanas Hospital. Montgomery is in custody.
Senator Robert F. Kennedy and the Johnson administration clash over a reported offer by Kennedy to stay out of the 1968 race if Johnson named a commission to study revisions in U S policy in Vietnam. Administration sources call the idea an ultimatum while Kennedy pushes that discussions were not a formal proposal and depended on a genuine willingness to pursue a broader Vietnam strategy.
Eric Pearson, 56, a part time watchman and woodsman, is charged with six murders after a spree across a Wisconsin Michigan border area. Six victims named include Vienna Gustafson and Katherine Rigoni, with three others killed at a tavern and home, all felled by a 30-06 rifle. Pearson was subdued by tavern patrons. motive remains unknown.
Washington and six European governments agreed to cease selling gold to private buyers to establish a two price system. Official price remains 35 dollars per ounce for government transactions while a free market price will apply to private deals. London market likely to move higher as it reopens after a gold panic. The pact preserves exchange rates and dollar convertibility for travelers.
A reflective line notes that many peoples notion of charity is offering guidance they themselves would not follow, implying hypocrisy in benevolent advice. The remark underscores a critique of moral posturing versus personal practice.
Military dispatch reports revolutionary Fijia bombers arriving in a Southeast Asia combat theater. The arrival signals a shift in aerial capabilities as forces prepare for ongoing operations in the region.
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