Cuba prison odyssey began with chilling look at death
Richard Peter Johnson, 25, and Phillip Burris, 32, were seized in Cuba after a one day flight turned four year ordeal. They faced a kangaroo court, years in crowded prisons, and meager rations before U S authorities arranged bail. Sentences of four years and fines followed, then release and return via Barbados to Miami where FBI agents awaited their arrival.
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Time Magazine
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Watchdog agency created on commodities futures trading
President Ford signed a law creating the Commodity Futures Trading Commission to regulate futures trading, aiming to curb speculation and manipulation. The five member commission can order market actions and seek injunctions without Justice Department approval, covering most commodities but exempting some like sugar.
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UPI
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Commodity Futures Trading Commission
Senate
White House
Agriculture Department
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Commission
U.S. government ready to sell gold reserves
A Treasury official said the government could sell gold from its reserves if American purchases threaten the balance of payments. Ford could allow private ownership. this would be the first time since 1933. Domestic gold and silver operations chief Wolfe noted rising imports and warned against hot buying while imported gold would drive demand.
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Treasury Department
U.S
Treasury
Ford
Thomas W. Wolfe
American Metal Market Gold Forum
Wolfe
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