Nixon Proposes Major Changes to Financial System
President Nixon outlined seven major reforms aimed at restructuring the U S financial system. The plan would phase out interest rate ceilings on savings and deposits, authorize NOW accounts for banks and S and Ls, and offer tax credits to spur mortgage lending. Deputy Secretary Simon called it a measured shift to preserve deposit flows amid an interest rate crunch.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Savings and Loan Associations
Prairie Dogs Build a New Natural History Habitat at LHS
Lawrence High School biology teacher Kenneth Highfill leads a two year project to enclose a 150 by 35 foot area with six foot high plastic coated wire for a prairie dog community. Students will relocate skunks and flying squirrels and capture more prairie dogs and 13 lined ground squirrels for the exhibit with tours for younger students planned.
MENTIONED IN THIS ARTICLE
Lawrence High School
LHS
Kenneth Highfill
Highfill
Kansas
Killer
Don Grob
Rt. 1
Kent State Inquiry Planned by Justice Dept
Atty. Gen. Elliott L. Richardson ordered a new federal probe into the Kent State killings of four students by National Guardsmen in 1970. He named J. Stanley Pottinger to pursue further inquiry, without indicating if a grand jury will be convened.
MENTIONED IN THIS ARTICLE
Washington (Ap
Elliot L. Richardson
Justice Department
Kent State University
Richardson
J. Stanley Pottinger
Nger
White House
Atty
John N. Mitchell
Pottinger
House Judiciary Subcommittee
Mitchell
Leonard Garment
Kent State
Garment
Ohio State
Lax
National Guard
U.S
Cambodia
Nixon accuses Congress of abandoning a friend over Cambodia aid
President Nixon faulted Congress for cutting off funds to bomb Cambodia by August 15 and said the United States will continue to provide all possible support within the law. He warned North Vietnam not to misread the pause as an invitation to aggression or violations of the Paris cease-fire.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
U.S
Cambodia
North Vietnam
Vietnam
Paris
Partly Cloudy Warm Weather Report
Brief forecast notes a warm, partly cloudy day with expected mild conditions. Read full regional details and any precipitation data on Page 5.
Prescription Delivery Service Alert
A report describes a disorderly drug storage and delivery service with issues in accuracy and adherence to physician prescriptions. The note emphasizes potential risks from improper handling and calls for better oversight and compliant practices to protect patient safety.
Weekend forecast for Lawrence area looks mild and sunny
Forecasters promise a pleasant weekend in the Lawrence area with clear to partly cloudy skies and mild temperatures through Saturday. A risk of showers and thundershowers exists in eastern Kansas Sunday and Monday. Tonight lows in the 60s, Saturday highs in the mid to upper 80s.
MENTIONED IN THIS ARTICLE
Kansas
40 Die in Summerland Fire on Douglas Seafront
A fire at the Summerland entertainment center in Douglas Isle of Man killed at least 40 people and injured 80. Police anticipate higher toll as crews search upper floors of the multi million dollar complex described as a Coney Island under one roof. A floor manager said a child playing with matches on a balcony may have started the blaze in the crowded venue housing bars dance halls and hotel rooms.
MENTIONED IN THIS ARTICLE
Douglas
Isle of Man
Douglas Seafront
Frank Weedon
Summerland
Coney Island
L. Shaffer
Supreme Court Hearing on Cambodia Bombing Stay
Supreme Court Justice William O. Douglas holds a hearing on a request to overturn a stay blocking a federal ruling that the bombing of Cambodia is unconstitutional. If overturned, the bombing must stop. the full court could reverse. Lawrence Christian School now enrolling.
MENTIONED IN THIS ARTICLE
Yakima, Wash
Supreme Court
William O. Douglas
U.S
Cambodia
Douglas
Gray Describes Destroying Files
Former acting FBI Director L Patrick Gray III testified he was not ordered to destroy sensitive files but believed destruction was intended He admitted reading one file before burning it and detailed meetings with Ehrlichman and Dean about papers with national security implications The testimony mentions CIA ties and the Watergate timeline with notes on future Senate hearings.
MENTIONED IN THIS ARTICLE
Vernon A. Walters
Central Intelligence Agency
Gray
Ehrlichman
Dean
White House
Watergate
Democratic Party
John
Howard Hunt
Mr. Ehrlichman
State Department
Kennedy
Diem
South Vietnam
Hunt
John F. Kennedy
Ters
FBI
CIA
Hanoi Aid Terms Set
Washington reports an understanding on a five year U S economic aid program for North Vietnam mainly for food housing and later economic rehabilitation. No formal agreement until fighting ends and Congress is consulted. Officials note aid cannot fund war production. cost not disclosed. Le Duc Tho publicized the talks in Hanoi TV.
MENTIONED IN THIS ARTICLE
Washington
U.S
North Vietnam
Indochina
Paris
le Duc Tho
Hanoi
Minimum Wage Hike Faces Nixon Veto and House Delay
In Washington Republican opponents again warn President Nixon will veto a bill raising the minimum wage to 2.20 an hour despite Labor Secretary Brennan backing it. The House weighs timing with a Sept vote possible as Senate approved 62 28. The measure would raise wages to 2.20 by July 1 and extend protections to seven million workers and live in domestics.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Peter J. Brennan
House
Senate
Congress
Alaska
House-Senate
House Rules Committee
Senate House
Jacob K. Javits
Rn.y
Brennan
Rash
Also Mentioned on This Page
Secretary of the Treasury
William E. Simon
Simon
Prairie Dogs
Anita . Knopp
Board of Education
Galveston
Tex
William Womack
Canada
Womack
Manhattan Zoo
Janice Grob
Journal-World
Ken Seals
Kent
Potti
Index Church
Rasanenenseeees Benes
Ady
Lawrence Area
Senate Watergate Committee
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