Senate probes accuracy of credit ratings for citizens
Senate antitrust investigators led by Sen. Hart gather evidence on credit reporting agencies to determine if federal safeguards are needed to protect ordinary people from errors. Hearings expected early summer will address complaints and the impact of centralized data on individuals’ finances and privacy.
MENTIONED IN THIS ARTICLE
Dick Barnes Washington
Senate Antitrust
Antitrust and Monopoly
Sen
Philip A. Hart
D-Mich
House
Hart
Subcommittee
Retail Credit Co
Atlanta
Credit Data Corp
San Francisco
California
New York
Hooper-Holmes Bureau Inc
Morristown
N.J
Associated Credit Bureaus of America, Inc
Credit Data
Harry C. Jordan
House Privacy Subcommittee
Hart Subcommittee
H. Rap Brown Sentenced Five Years in Firearms Case
H. Rap Brown, 24, SNCC chairman, convicted of violating the National Firearms Act and sentenced to five years in prison with a $2,000 fine. Jury found he traveled with a rifle while under indictment in Maryland for arson and inciting to riot. Brown was freed on bond pending appeal. defense attorney Kunstler urged leniency.
MENTIONED IN THIS ARTICLE
New Orleans
H. Rap Brown
Brown
Student Nonviolent Coordinating Committee
New York State
U.S
Lansing L. Mitchell
William M. Kunstler
New York
Black Power Advocate
Kunstler
Adolf Hitler
Louis LaCour
Hitler
Maryland
New York City
Baton Rouge
Dorchester County
Page
Painters Settle For 1 50 Over 3 Years
Painters Local 374 accepted a 1.50 wage increase over three years ending a 6 week strike against the La Crosse Construction Employers Association. Other trades ratify contracts or continue negotiating as strikes ease across the region.
MENTIONED IN THIS ARTICLE
la Crosse Construction Employers Association
Electrical Workers Local 135
Sheet Metal Workers
Teamsters Local 199
Lathers Local 387
Key provisions of credit disclosure bill pass Congress
The measure requires lenders to disclose annual rate on declining balance and total credit cost. It lists exemptions for small purchases and certain mortgages. Open-end plans must show full and monthly rates. Home improvement loans grant three day cancellation. Garnishment protections limit employee dismissal and exempt part of take-home pay. Effective dates set for July 1 1969.
MENTIONED IN THIS ARTICLE
Washington
Congress
Truth In Lending Bill Goes To LBJ
Congress sends President Johnson a major consumer protection measure requiring disclosure of annual interest rates and total credit cost. It tightens wage garnishment limits, targets loan sharks, and adds criminal penalties. key dates include July 1 1969 for disclosures and July 1 1970 for garnishment rules.
MENTIONED IN THIS ARTICLE
Truth In Lending
LBJ
Joe Hall Washington
Congress
Johnson
Betty Furness
Miss Furness
Senate
House
Paul H. Douglas
D-Ill
Bermuda Votes United Party Wins Pro-British Control
In Bermuda’s first one man one vote election the United Bermuda party won 30 of 40 seats while the Labor party took 10. Walter Robinson, Labor leader, lost his district as whites retained control despite a 55 percent Negro electorate. Sir Henry Tucker will lead the government under a new constitution with limited governor power.
MENTIONED IN THIS ARTICLE
Hamilton
Bermuda
United Bermuda Party
House of Assembly
Negro Progressive Labor Party
Labor Party
Britain
Bermuda Democratic Party
United Party
Leopard
Walter Robinson
Henry Tucker
Executive Council
Tucker
New York
Concessions by N Vietas? Harriman Predicts Break in Talks
Paris AP Harriman predicted a breakthrough in Vietnam peace talks as North Vietnam faces up to realities. He and Thuy have held four meetings in 10 days with both sides firm. The stalemate centers on end of bombing and reciprocal restraint.
MENTIONED IN THIS ARTICLE
Harriman
Vietnam
Paris
U.S
W. Averell Harriman
Xuan Thuy
United States
Hanoi
Thuy
Swindler Bilks Widow 76 of 1800 in Bank Scam
A 76 year old La Crosse widow was bilked of 1800 in a bank examiner swindle. A caller pretended to be a bank examiner and instructed her to withdraw the funds to address irregularities. A man collected the money at her door while another caller repeated the ruse. She later checked with the bank and learned the fraud.
MENTIONED IN THIS ARTICLE
la Crosse
Bank
Lee Swindle
Also Mentioned on This Page
Senate Group
Credit Bureau Services, Inc
Dallas
Tex
Privacy Subcommittee
Saigon
UPI Telephoto
Lynn Negro Militant
Plumbers
Plasterers Local
Ipicket
Capitol Hill
Minneapolis’ Nicollet Mall
UPI
N. Viets
By Stephens Broening
Eee
Eee Ee Ee
Eens Daily Records
Ee Ee
Sere Wen
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