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Independent in Long Beach, California

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Oct 24, 1974

Page

4

Watergate Trial Comment on Witness Credibility

James F. Neal voiced concern about vouching for a government witness saying 85 percent of his testimony is true but 15 percent in doubt. Smed noted he does not expect the government to vouch for credibility of witnesses with prior convictions. Ehrlichman’s lawyer William Frates questioned whether Nixon was being considered.

James F. Neal Wwe Smed Ehr- Tichman William 8. Frates Nixon

Meat prices expected steady with some pork and poultry rise

Agriculture Secretary Earl Butz said retail meat prices should hold steady or fall slightly in 1975, with beef remaining stable but pork and poultry potentially rising early next year due to tighter supplies. He noted widespread slaughter of cattle and hogs and blamed distribution costs for wide margins between cattle prices and meat cuts.

Washington UPD Earl Butz Nouse Agriculture Subcommittee National Farmers’ Organization American National Red Cross Honduras Lamm NFC Oren Lee Staley

Ford aides warn of inflation risks and policy tradeoffs

Seidman and McCracken discuss a sharp recession threat and rising interest rates tied to deficits. They call for faster money-supply growth, warn unemployment could hit 6.5 percent, and note 1.2 percent price gains in September. Energy policy skews toward tax adjustments and reducing price controls. talks loom with auto industry on mileage. In Brussels, the dollar falls to six month lows as euro dealers trim value amid global markets.

Seidman Ford Congress

Nixon hospitalized as doctors monitor nerve, leg clot

Newsmen observed Nixon being moved from the X ray area to a seventh floor suite amid a brief clash with reporters. He has been recovering since a prior October 4 release and may leave the medical center in a few days, with doctors saying no immediate examination by Lungren was set.

Lungren Nixon Stephen Buil Karen Krantz Bull Memorial Hospital Clemente Langren JW Washington Special Prosecutor Office John J. Simica Tn San Clemente Ronald Ziegler

Surcharge in Doubt Hurts Ford Tax Plan Prospects

Washington (UPI) A faulty PR job on Ford's 5 percent income tax surcharge clouds its passage this year a top admin adviser said. William Seidman noted the surcharge may gain better reception once the public understands its cost. He also said Ford could seek a ceiling on imports if voluntary cuts fail to reduce petroleum deliveries by a million barrels daily as aimed. The U.S. now imports about 46 million barrels per day. On the budget, the administration hopes to meet the 300 billion dollar or under target for 1975 but it is not guaranteed.

Federal Reserve Board McCracken Seidman Potter Ford Washington UPI Congress Administration William Seidman Seman United States

Also Mentioned on This Page

Ag—Independent Press-Telegram PAN Leap Peach Watergate Trial NBC Today Buzz Liv Wilson Dean White House Haldeman Senate Neal Sirica Sivica Senate Committee Grawatts Simiea Mel Watergate Alt John J. Wilson H.R. Haldeman Washington District Court Brussels Zurich London Lakewood Orig Bank Americard American Express
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