Problem of conglomerates in politics and regulation
Editorial argues major parties and big firms like ITT and AT&T shape outcomes, while conglomerates blur lines between unrelated businesses. It calls Congress to probe regulation, consider curbs on holdings and cross-ownership, and assess if antitrust tools apply to this new corporate form.
MENTIONED IN THIS ARTICLE
International Telephone and Telegraph Company
ITT
Sheraton Joters
San Ttego
American Telephone and Telegraph Company
Ma Bell
Justice Department
Congress
California study warns against Clean Environment Act impact
Legislative Analyst A. Alan Post calculates the proposition 9 measure would cost California 920 million over 30 years for the state, plus 200 million in oil and gas resource losses and 570 million in development losses. Annual effects include 5 million in lost corporate tax and 24 million in city and county oil tax. The act would ban new or renewed leases within one mile of the shore, forcing taxpayers to cover revenue shortfalls.
MENTIONED IN THIS ARTICLE
A. Alan Post
California
Post
Revere
Howard Hughes set for photograph release greeted with cheer
Editors recount finding unexpected good news in the Greensboro Daily News. Howard Hughes will have his picture taken and will share visibility with readers. The note hints at a broader optimism amid years of industry frustrations over access to new material.
MENTIONED IN THIS ARTICLE
Howard Hughes
Hughes to be photographed in Hollywood hype ends fan await
A Hollywood publicist told The Washington Post that Howard Hughes portraiture will be taken, confirming chatter from Hughes insiders. After decades of speculation, the public is poised to glimpse the famed recluse on camera, ending a long era of wishful anticipation and media frenzy.
MENTIONED IN THIS ARTICLE
Trughes
Hollywood
Maxine Cheshire
Washington Post
Hughes
Hughes Empire
Mr. Hughes
Cily
Great Wall
Lester Maddox
Howard Hughes
California seeks purge of old racist import laws
State Sen Alfred Song, of Korean ancestry, moves to repeal 19th century statutes banning importation of Chinese or Japanese women and requiring permits for such persons. The effort aims for swift endorsement by the legislature to remove relics of a racist past.
MENTIONED IN THIS ARTICLE
California
Alfred Song
India Seen as Key Unknown in Asia Power Play
U.S. officials warn of India’s pivotal but unclear role in Asia as New Delhi trims a Soviet treaty effect, with India nonaligned rhetoric clashing with Moscow and Pakistan war dynamics. Washington weighs Bangladesh recognition while monitoring Indian Ocean naval shifts and Delhi’s embassy levies.
MENTIONED IN THIS ARTICLE
Washington
UPI
China
India
Asia
U. S
Soviet Union
New Delhi
Russia
East Pakistan
United States
William P. Rogers
Rogers
Nixon
U.S
Peking
Moscow
Indian Ocean
Bangladesh
Pakistan
Kenneth Keating
Nixon shifts to fast track on compensatory education
President Nixon, urged by Budget Director George Schultz, signals a rapid expansion of federal aid to schools. He aims for a “critical mass” of funding to spark improvement in low income districts, while opposing mandatory busing and eyeing possible legal and constitutional battles.
MENTIONED IN THIS ARTICLE
Washington
George Schultz
Nixon
China
Schultz
National Institute of Education
Congress
Vietnam
South Vietnam
Justice Department
Supreme Court
George Wallace
Florida
Senate subcommittee weighs super snooper bill
A New York senator Javits and Connecticut's Ribicoff move to unite their 1970 and House consumer bills into a strong Consumer Protection Agency with broad powers. The plan would let the CPA intervene in any proceeding affecting consumers, potentially compelling agencies like the FDA to start actions on products such as cough syrups and subjecting agency refusals to presidential review.
MENTIONED IN THIS ARTICLE
Senate
Javits
New York
Ribicoff
Connecticut
CPA
Florida
SPA
Food Pnd Drug Administration
Also Mentioned on This Page
Costly Environment Act
The
Greensboro Daily News
Goodie
Defense
Melvin Laird
Laird
U. S. News and World Report
Diego Garcia
Stewart
Henstey
Richard
Wilson
Snooper
Ralph Nader
Consumer Protection Agency
FDA
Federal Register
James J
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!