The Domino Theory Reconsidered and Reflections on Democracy
The piece weighs the Communist Domino Theory against Western openness. It notes leaders in Moscow Beijing and Hanoi rarely discuss democracy publicly and contrasts this with the Chicago Daily News assertion that America remains the world’s most productive and innovative society despite Vietnam and global scrutiny.
MENTIONED IN THIS ARTICLE
Kremlin
Peking
Hanoi
Vietnam
Chicago Daily News
Fed ease boosts money supply and lowers borrowing costs
The Fed cut the discount rate from 6 percent to 6 percent, enabling banks to borrow short term at lower cost and, in turn, lend more cheaply to individuals and businesses. While banks gain liquidity and borrowers may see lower rates for homes cars and businesses, the effect may fade as Uncle Sam sells bonds to cover a large deficit, potentially tightening the supply later. Congress faces fiscal responsibility concerns as the economy adjusts.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank
Fed
Federal Reserve
America
Savings and Loan
Uncle Sam
Congress
Bicentennial critique and call to focused observance
An editorial condemns excess in 1970s bicentennial projects while urging meaningful observances. It cites cautionary notes from observers and analysts and contrasts playful displays with the need to honor the founding era. The piece warns against frivolous activities and urges Americans to stay purposeful as 1976 approaches.
MENTIONED IN THIS ARTICLE
Alistair Cooke
Market worries over long term net selling by individuals
New York AP reports securities officials fear sustained net selling by individual investors. Since 1970 individuals have averaged 5 billion dollars in net sales annually, a trend present from 1958 through 1973. Authorities warn that without individual funds, capital markets cannot sustain private enterprise or economic stability.
MENTIONED IN THIS ARTICLE
New York
James Needham
New York Stock Exchange
Congress Faces Tougher Steps After Budget Victory
Washington lawmakers hail passage of the first comprehensive budget resolution for fiscal 1976 but warn the harder task lies ahead. The next phase requires reconciling legislative and appropriations actions with the final budget ceiling, a process marked by political pressures and tough choices.
MENTIONED IN THIS ARTICLE
Washington
Congress
House
Senate
Stockman
Congressional
Turkey Arms Embargo Fight Signals New Senate Move
The Senate is poised to lift the Turkey arms embargo, a decision that could delay Turkey from closing U.S. base facilities and ease U.S.-Turkey strains ahead of CENTO talks in Ankara. The Greek lobby seeks to maintain pressure while Ford aims to project decisive foreign policy progress.
MENTIONED IN THIS ARTICLE
Washington
Mayaguez
Gerald R. Ford
Congress
U.S
Turkey
Senate
Cyprus
Central Treaty Organization
CENTO
Ankara
Henry Kissinger
Joseph J. Sisco
Thomas Eagleton
Missouri
Eagleton
White House
Kissinger
Ford
House
How to Help a Neighbor Volunteer Guide
Volunteer Clearing House seeks summer staff for Douglas County agencies. Positions include desk help at the County Courthouse lobby 9 to 12 weekdays, Meals on Wheels cooks for two hours weekly, Health Department Well Child Clinic secretarial aid, and child health testers. Also need Audio-Reader volunteers and a typist receptionist, outreach workers for the Council on Aging, and Small World youth helpers aged 14 and up for June July in Centennial Park Tuesdays 9 15 to 11. Contact 841 5059 weekdays 9 to 3. hours shift to mornings 9 to 12 starting June 2.
MENTIONED IN THIS ARTICLE
Douglas County
Small World
Centennial Park
Beame seeks federal help as New York faces fiscal crisis
New York City faces a severe cash shortfall with a 1975 76 budget near 11.6 billion and debt around 14 billion. Mayor Beame asks Treasury Secretary Simon for loan or guarantees to cover payroll and debt service while private lenders doubt the city’s credit.
MENTIONED IN THIS ARTICLE
New York
Gracie Mansion
Washington
Abraham Beame
Beame
William Simon
U.S. Treasury
Treasury
Simon
Sahara
Chicago
U.S
KU sit in jury clears three in protest case
A jury found three defendants not guilty of disturbing the peace after a civil rights sit in outside the KU Chancellor Clarke Wescoe office. About 70 participated in the protest over Fraser Hall replacement. No violence occurred.
MENTIONED IN THIS ARTICLE
Clarke Wescoe
Old Fraser Hall
Steve Ridgway
Lawrence High
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George F. Will
Thomas Gorton
Donald M. Swarthout
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Sir Winston
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England
Geological Survey of
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