26 May 1975
Page 1
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Newspaper
Kingsport Times
Location
Kingsport, Tennessee, United States of America
Date
May 26, 1975
Page
1
police say seven arrested and $20 million in heroin seized in a crackdown on an alleged international ring. ten more arrests expected as heroin moved from Thailand to North Carolina, cut and bagged in Newark and distributed in New Jersey Harlem and Chinatown.
Funeral services are arranged for Jackie Mors Mabley, famed on the black night club scene, with noon rites at Abyssinian Baptist Church led by The Rev. Dr. Samuel Proctor. Tito turns 83 as Yugoslavia remains stable under his long rule with wartime allies in power. Egypt to double Suez tolls when canal reopens June 5, Mashhour Mashbour announces. Portugal’s Armed Forces Movement meets to resolve coalition rift between Communist and Socialist blocs.
Federal Reserve chairman Arthur Burns told Meet the Press that the government should pause and let natural recovery unfold. He criticized Congress and the administration for building deficits and warned nonstop spending would derail the economy. Burns noted signs of a short term upswing in retail, employment, work weeks, mortgages, and credit. He stressed inflation as the long term threat and cited a $110 billion five year cumulative deficit from 1970 to 1974.
Former Governor Onto Kerner, freed on health grounds after a three year sentence for mail fraud tax evasion and conspiracy, told the Chicago Tribune federal officials showed a let them rot attitude toward his illness. He described chest pains and delayed surgery, and said he received care only after seeking a better setting away from Lexington. He now works as a consultant at Lewis University and aids a conference on female correctional programming.
A major fire at the Rustoleum paint plant in Evanston Illinois prompted evacuation of a 15 block area across from the facility. Fire officials warned that a 60 by 30 foot propane tank could cause a neighborhood blaze if flames reached it. No injuries reported and flames burned for hours with explosions heard miles away.
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