Stein Forecasts Economic Growth for 1974 in AP Briefing
President Nixon's adviser Herbert Stein projected real GDP growth of 1 to 2 percent in 1974. He warned of possible measures to support the economy if oil shortages or other factors threaten a stable path, including potential stimulative fiscal policy and targeted actions in housing, while aiming to keep unemployment low. Inflation was expected to stay high early year then ease toward 4.5 percent later. The report also notes a third straight monthly trade surplus for November, with total exports minus imports at $85.7 million and a year-to-date surplus of $765.9 million, aided by prior dollar devaluations.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Stein
United States
U.S
Hughes Indicted in Stock Scheme Tie to Air West Deal
Howard Hughes faces a nine count federal indictment in Las Vegas over stock manipulation tied to the 1970 bid for Air West Airlines. codefendants include a former aide. Hughes has not commented as prosecutors plan arraignment within two weeks. Spokesmen say Hughes is in the Bahamas.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Howard Hughs
Hughes
Air West Airlines
London
Bahamas
Robert L. Vesco
United States
U.S
Dingman Jr. Given 220 Year Term in Douglas County Case
John C. Dingman Jr. 30 of 1508 W Second Ter pleaded guilty December 14 to indecent liberties with a 7 year old girl. Judge Frank Gray ordered transfer to the Kansas Reception and Diagnostic Center in Topeka. He had been free on $10,000 bond since his September arrest.
MENTIONED IN THIS ARTICLE
John C. Dingman Jr
Douglas County District Court
Dingman
W. Second Ter
Frank Gray
Kansas
Topeka
Cambodians Shift Cabinet In Cambodian Power Realignments
Western diplomats describe Cambodia's fourth cabinet reshuffle this year as Long Nol and the United States Embassy bargaining. Premier Lon Boret's government is seen as U S backed but lacking new policy promises. Nine Khmer Rouge fighters were killed in a late night attack on armored vehicles near Bak Kheng, with six government soldiers wounded.
MENTIONED IN THIS ARTICLE
Phnom Penh
Cambodia
Lon Nol
United States
Long Boret
Sisowath Sirik Matak
Cheng Heng
Tam
Khmer Rouge
Bak Kheng
Mekong River
Faculty leaders meet governor on proposed faculty pay raises
KU and state college representatives met Gov. Docking and budget director James Bibb in Topeka to press for 10 and 11 percent raises recommended by the Board of Regents. James Seaver said the talks were fruitful as they urged salaries to attract talent amid a high cost of living and Kansas’ solid economy. Docking offered no firm amount.
MENTIONED IN THIS ARTICLE
Kansas University
Robert Docking
James Bibb
State
Topeka
Kansas Board of Regents
Kansas
Seaver
Docking
Wheat crop to lift U S stockpile in 1974 forecast
The Agriculture Department predicts a 2 billion bushel 1974 winter crop and a rising stockpile. By July 1 1975 the wheat reserve could reach about 505 million bushels, the largest since 1972, with further gains from spring planting.
MENTIONED IN THIS ARTICLE
U.S
Agriculture Department
Outlook and Situation Board
Soviet Union
Terrorists Call for Plebiscite Over Rome Athens Attacks
A Beirut based statement attributed to an unnamed group urges a plebiscite in Palestinian refugee camps across the Middle East to approve or condemn the operation that killed 32 at Rome and Athens airports. It objects to the guerrilla leadership’s attacks and offers to accept the Palestinian verdict.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Rome
al Liwa
Palestine Liberation Organization
Athens
Middle East
Gerald Ice Named to Local FHA County Committee
Gerald R Ice of Rt 1 Lawrence has been appointed to a three year term on the Farmers Home Administration County Committee. Ice farms near Stull and participates in rural development and community activities. FHA provides credit and technical assistance for housing farms operating credit and rural water and sewer systems.
MENTIONED IN THIS ARTICLE
Gerald R. Ice
Rt. 1
Lawrence
Farmers Home Administration
E. Morgan Williams
FHA
Ice
Stull
The
Train Derails Near Anderson Injuring Dozens
An Amtrak Coast Starlight derailed near Anderson, California, injuring up to 80 passengers, none seriously. Six rear cars of the 17 car train left the tracks at 3 48 a m one mile east of Anderson and 10 miles south of Redding, with three cars on their sides.
MENTIONED IN THIS ARTICLE
Anderson
Calif
Amtrak
Southern Pacific Railroad
California
Redding
Also Mentioned on This Page
Herbert Stein
President’s Council of Economic Advisers
Howard Hughes
Richard Hannah
Los Angeles
Mississippi
Louisiana
Zercer
Nannkarn
Broyale
Massachusetts
Wichita
Sirik Matak
Enders
Swank
Henry A. Kissinger
U. S
James Seaver
KU Western Civilization Program
State School Faculties Associations
Bunker Clark
Charles Krider
American Association of University Professors
AAUP
Clark
Kansas State University
Emporia
Larlin
Wis. Uz Block
Vista
Gerald Ice
Mass
Street Deli
Featuring
Seattle
Oakland
Edith
Dance
Eagles Lodge
Aerie
Honey Creek Clan
Ralph Hazel
Meade Hall Players
Dean Brooks
K.C. Sound Man
Ky Keried
Chieke
Ntuck’ Chie
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