IMF urges cooperation with United States on payments balance
IMF managing director Pierre-Paul Schweitzer urged 118 delegations to cooperate with the United States to improve the U.S. balance of payments. West Germany warned of possible retaliation over US currency policy while Secretary Connally denied intent of a trade war. The deficit widens as August figures show imports exceeding exports by 259.7 million dollars, with a year-to-date shortfall of 930.1 million.
MENTIONED IN THIS ARTICLE
Washington
International Monetary Fund
United States
U.S
Pierre-Paul Schweitzer
IMF
Funnd
Nixon
West Germany
Treasury
John B. Connally
Karl Schiller
Schiller
Connally
Germany
Schweitzer
Commerce Department
IMSF
Alfonso Inostroza
Central Bank of Chile
Inostroza
Rodrigo Llorente
U S imposes textile quota deadline in policy move
U S officials confirmed a deadline for resolving textile quota issues amid ongoing policy talks. Washington sources indicate government aims to finalize a plan by a set date to balance imports and domestic industry pressures.
Jury sworn in Vancouver in $2.3 million suit against San Francisco mayor
A jury of five men and seven women was sworn in Vancouver to try a $2.3 million civil lawsuit against San Francisco mayor Joseph Allote and two others. The case centers on an import issue involving Japan, Taiwan, South Korea and Hong Kong with no current U.S. position hidden.
MENTIONED IN THIS ARTICLE
Vancouver
Wash
UPL
San Francisco
Joseph Allote
Japan
Taiwan
South Korea
Hong Kong
U. S
U.S
Nixon
Daly City
Frank Greenwood
City Hall
Jefferson Elementary
San Mateo County
California
U.S. trade deficit narrows in August
Washington reports the U.S. balance of trade fell for a fifth straight month as imports exceeded exports by 260 million dollars. The August deficit improved from July's 304 million and June's 369 million, reflecting a smaller gap in trade activity.
MENTIONED IN THIS ARTICLE
Washington
UPI
U.S
Commerce Department
Mansfield vows renewed push for Vietnam withdrawal
Senate Democratic Leader Mike Mansfield introduced a six month withdrawal amendment tied to POW releases, pledging repeat efforts until American forces leave Vietnam and neighboring Indochina. He urged action to end U.S. involvement, facing House resistance and possible Nixon veto.
MENTIONED IN THIS ARTICLE
Washington
UK - Senate
Mike Mansfield
U.S
Indochina
Montana
Mansfield
Vietnam
Laos
Cambodian
Thailand
Stennis
House
McNamara warns of looming overpopulation crisis
World Bank President Robert S. McNamara warned that underdeveloped nations must respond to rapid population growth to avert severe malnutrition and unemployment. He urged intensified planning, citing studies showing population could rise to 14 billion by 2040 if current trends persist, or be reduced by over four billion if two children per couple by 1990 is achieved.
MENTIONED IN THIS ARTICLE
Washington i
World Bank
Robert S. McNamara
McNamara
International
Fed asked to explain unusual costs at Playboy Club hearing
House Banking Committee Chairman Patman pressed Federal Reserve Chairman Burns about questionable expenditures including a Playboy Club party with bunnies and a $20.90 baby sitting bill. Burns promised to review the questions while defending Fed financing and its thrift plan.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve System
Wright Patman
D-Tex
House Banking Committee
Federal Reserve
Arthur F. Burns
Burns
Patman
Fed
The
Treasury
Minneapolis
Helena
Mont
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Monetary Fund
Free Nations
John Connally
New York Times Service
Alioto Jury
Congress
Guarentocd Rn
Acacia
ORE Ood
Senate
Hugh Scott
White House
Armed Services Committees
John €. Stennis
de Miss
Armed Services Committee
Playboy Club
Federal Agen
Cies
Silva
Hes
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