The Flamingo Deal and Ed Fountain’s Legacy
Hank Greenspun recounts pressuring Siegel to honor a contract amid a radio-phonograph dispute that boosted the Flamingo business. Ed Fountain, a neighbor and ally, helped navigate politics and preservation of trust. Fountain’s funeral at First Presbyterian Church reflected his role in the community and his enduring vigilance.
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Frontier Radio
Fountain
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Flamingo
First Presbyterian Church
Masonic Lodge
Bob Griffith
Anthony Thomas
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Ed Fountain
Earth
Ford arrives in Helsinki for European security summit
President Ford travels from Poland to Helsinki for a 33-nation summit to push a 400 page security pact. He urges translating promises into policies and actions for East West detente while recalling Auschwitz's horrors. Ford pledges American participation and emphasizes Europe’s security and stability as linked to the United States.
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Helsinki
UPI
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Auschwitz
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Poland
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Ence
Grain sales to Russia could spark higher U.S. food prices
Fed official Arthur Burns warned Congress that recent grain shipments to the Soviet Union may lift American food prices, predicting a sizable rise. Senator Kennedy echoed concerns about wage impact, while administration officials cited a smaller effect.
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Turkish Forces Take Command Of All U S Bases In Turkey
Turkish officers assumed control of all 24 U S bases in Turkey on July 29 in retaliation for the U S arms embargo. Incirlik Air Base remains exempt. U S officials say six bases were suspended and 18 continue to operate under Turkish command. Life for service members and families reportedly unchanged.
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Prices Move Lower on New York Stock Exchange
UPI reports a broad market decline on Tuesday with the Dow closing at 824.8, down 2.97 from the prior session and the S&P 500 at 88.19. Trading was active with 19 million NYSE shares and 2.12 million Amex shares changing hands. Major decliners included Moore, McCormack, Texas Instruments, Occidental Petroleum, Fairchild Camera, and Polaroid.
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Heat Wave Grips Midwest Threatens Crops And Fires
Heat and drought grip the Midwest with 100 degree heat aiding wildfires in South Dakota. Agriculture officials report stressed crops and a potential record corn harvest as rainfall remains scarce and power strains rise. Firefighters battle blazes in the Black Hills while Nebraska urges reduced electricity use amid scarce power.
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Black Hills
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Minnesota
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Iowa
Ford backs pay raise for top government officials
President Ford endorsed a Senate bill to grant a pay increase to Vice President Rockefeller, Cabinet members, Supreme Court justices, Speaker Carl Albert, and members of Congress. The 5 percent raise mirrors civil service hikes and follows a 8.6 percent cost of living increase.
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1st Lady Back To Busy Sked
Betty Ford resumes travel with President after canceling Warsaw engagements due to fatigue. In Krakow she tours Mains University with son Jack and endures a large press crowd. She admits still feeling tired while continuing a heavy schedule through Europeomed by jet lag and official duties.
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UPI
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Henry A Kissinger
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Sheila Bb Weidenfeld
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