Economists Clash Over Money Crisis Linked to Military Buildup
In a Southland seminar, USC economist Dr James Calderwood blamed American military commitments in Europe and Southeast Asia for the world money crisis. He warned of a dollar devaluation and urged policy shifts including tax increases and tariff cuts.
MENTIONED IN THIS ARTICLE
Usc
Armencan
Europe
Southeast Asia
Southland
James Calderwood
The
University of
Souther
California
Vietnam
Calderwood
United States
U.S
Free World
Michael Heilperin
Heilperin
Henry Schloss
Political Gift Deduction Approved in Senate Committee
The Senate Finance Committee approved a measure allowing taxpayers a deduction up to 100 for political contributions. The bill by Assemblyman George W Milias of Gilroy moves to the floor for a final vote while other quotes discuss economic views on the dollar.
MENTIONED IN THIS ARTICLE
Sacramento
UPS
Senate Finance Committee
George W. Milias
Gilroy
Gunman Accepts Loan After Market Hold Up
In Reno Nevada a gunman demanded money and cottage cheese with chives at a market. Clerk Denis Kidwell gave him a $50 loan after the robber explained his wife and child were ill. The assailant signed an INA and left a friend’s name and phone as reference. Also, President Zalman Shazar was sworn in to a second five year term in Jerusalem.
MENTIONED IN THIS ARTICLE
Reno, Ney
UPI
Denis Kidwell
Kidwell
Jerusalem
Jack
Zalman Shazar
Trade Barriers Comment Sparks International Debate
A speaker argues that other nations block competitive advantage in international trade, contending such limits hinder fair competition and global economies. He emphasizes the risk to domestic industries and calls for policy reevaluation.
USC commissioners oppose tackling world money crisis reduction
Three men commissioned by USC to offer businessmen a view on the global money crisis spoke against any reduction. They argued measures should address underlying causes rather than cuts, urging careful policy responses to stabilize markets and protect industry interests.
MENTIONED IN THIS ARTICLE
USC
Crisis prompts debate on tourism and investment policy abroad
A discussion centers on expanding American tourism abroad and reducing foreign investments as remedies to an ongoing economic crisis. Proponents argue promoting travel boosts revenue, while critics warn risks to domestic industries and national finances.
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David Shaw
Gunman
Sou
Shazar
Coit
America
Sco
10Th St
Long Beach
San Fedre
Seal Beach
Los Alamitos
Merica
Avrit
Wansam Long Beach
Pacific Coast
Hwy
Buena Park Harrom City
Garden Grove
Vara
Garden Grove Bt
Pico Rivera
Rosemead Blvd
Norwalie
Frigidaire
Appliances & TV
E. 4Th St
L.B
PAS
Ballfewer
Bownet Stoneweed Center
Jamaica
Sor Ee
Bestarte Meza
Lakewood
Lakewood Center
Long Leach
Santa FE Springs
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