Ford says recession is over and no Israel ultimatum
President Ford declares economic recovery underway and says no ultimatum was given to Israel over Egyptian terms for a Middle East settlement. He notes no pressure on Israel to withdraw from Sinai passes and backs a comprehensive Geneva outcome.
MENTIONED IN THIS ARTICLE
Washington
Ford
United States
Israel
Middle East
Dinitz
White House
Ron Nessen
Simcha Dinitz
Geneva
National Association For the Advancement of Colored People
Afl-Cio
George Meany
Washington Post
Egypt
Mitla
Gidi
Sinai
Post
Oil states seek Western loans to fund development plans
Three Arab oil producers Iraq Algeria and Oman lack funds and turn to the United States and Western Europe for more than 2.5 billion in loans. Algeria seeks about 2 billion with half from American banks and half from the Eximbank and World Bank. Iraq looks to borrow 500 to 700 million on the Eurodollar market. Oman negotiates a 50 million bond issue.
MENTIONED IN THIS ARTICLE
London
United States
Europe
Iraq
Middle East
North Africa
Algeria
Oman
Export-Import Bank
World Bank
Henry A. Kissinger
Soviet Union
Sultanate
Ford asks Congress to rescind Clinton Parkway funds
President Ford asks Congress to rescind 2.853 billion dollars in funds for Clinton Parkway and related projects, though Congress may still appropriate money. The White House says the funds became available under contract authority and do not require new appropriations, while lawmakers dispute availability and seek a 25 million package.
MENTIONED IN THIS ARTICLE
Ford
Congress
Clinton Parkway
Journal-World
Carl Weir
Federal Highway Administration
Department of Transportation
White House
House Public Works Committee
Oil price hikes may fuel inflation
The Congressional Budget Office warns that expected oil price increases will raise inflation and slow the U.S. recovery from the recession. It cites a potential 0.6 percentage point inflation rise and 2.4 points on the price level, with unemployment around 9 percent this year and about 8 percent by late 1976.
MENTIONED IN THIS ARTICLE
Washington
Congressional Budget Office
Ford
U.S
Journal-World Index Continued Warm and Hazy
The Journal-World index entry notes a continuation of warm and hazy conditions with full details referenced on page 9. The brief item signals continued weather patterns without specific locations or dates.
Haze Keeps Warm Weather Ahead Into Midweek
The National Weather Service says heat and haze will persist keeping temperatures in the low 90s for a sixth straight day on Wednesday. Monday’s high reached 91 with a low of 71, and a slight chance of thundershowers is possible as temps fall to around 70 after this evening. The morning low was 73.
MENTIONED IN THIS ARTICLE
National Weather Service
NWS
Gurney denies knowledge of slush fund in trial
Former Sen Edward Gurney testified he had no knowledge of an illegal slush fund during 1971 to 1972 and cited a very poor memory. He said he learned of fundraising activities in June 1972 and denied talks about fund raising in the earlier period. The case centers on alleged payoffs used to peddle influence with the FHA.
MENTIONED IN THIS ARTICLE
Tampa
Fla
Edward Gurney
Gurney
Winter Park
Williams
Maine
Joseph Bastien
K. Wayne Swiger
Ralph Koontz
Federal Housing Administration
Stocks make best gain for 6 months
The Dow Jones average rose 5.87 to 878.99 and finished the first half up 262.75 points or 42.6 percent from year end 1974, the largest half-year rise in the Dow in 42 years and the best percentage gain since 1933. Analysts cite inflation, oil, and recession as background to the gain and note hopes for economic recovery ahead.
MENTIONED IN THIS ARTICLE
New York
Hirsch Organization
Dow
Thailand and China establish full diplomatic ties
Thai Prime Minister Kukrit Pramoj met Mao Tse tung in Beijing and the Chinese government announced full diplomatic relations between Peking and Bangkok according to Hsinhua News Agency.
MENTIONED IN THIS ARTICLE
Tokyo
Kukrit Pramoj
Thailand
Mao Tsetung
Peking
Bangkok
Hsinhua
Straw Yardwork Under Evening Sun
Harvesting area wheat, workers bale straw in hot humid weather. Charles Taylor, Rt. 1, stacks under a hazy sunset while Steve Glass, Rt. 4, rests with a cool drink amid the straw covered by bales.
MENTIONED IN THIS ARTICLE
Charles Taylor
Rt. 1
Steve Glass
Rt. 4
Teachers: Competent or untouchable in district policy
Robert Taylor of the Lawrence School District defends strong teacher evaluation and due process protections while acknowledging some teachers are counseled out or resign. Retiring board member Richard Holzmeister questions ease of firing. The district stresses high applicant quality and careful screening. See Teacher, page 14
MENTIONED IN THIS ARTICLE
Lawrence School District 497
Robert Taylor
Taylor
Richard Holzmeister
Larry Hatfield
Reinspection Planned for Six Lawrence Houses
City Manager Buford Watson said six houses held from placarding last December will be reinspected and placarded if needed. Four belong to Daniel Ling and Minnie Clevenger, with another tied to James Mendenhall. Watson questioned orders and said only two appear in the December 1974 minimum housing report.
Also Mentioned on This Page
Daniel P. Moynihan
United Nations
U.N
Saudi Arabia
Iran
Libya
The
Parkway
House Appropriations Committee
Senate Appropriations Committee
Bill Wise
Birch Bayh
D-Ind
Senate
Bob Dole
James Pearson
Kansas
Bayh
Appropriations Committee
Bob Downen
Sen. Dole
Conference Committee
Gene Doane Agency
Mass
Congressional
Index
Ee Ee
Eee
Eeese
Eas
Enoete
Ee Women’s News
Raney Drugs
Adv
China
Haven
Public Works
George Williams
Covington
Watson
Lawrence
Milton Allen
City Commission
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