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Newspaper
Lawton Constitution
Location
Lawton, Oklahoma, United States of America
Date
May 04, 1973
Page
1
The U S unemployment rate remained at five percent for last month with about 4.4 million jobless on a seasonally adjusted basis. The average work week rose to 37.4 hours and weekly earnings increased to 141.72 dollars, while living costs climbed 4.7 percent over the year. The civilian labor force reached 87.5 million, with 83.3 million employed.
President Nixon appointed Army General Alexander Haig Jr. as White House staff coordinator succeeding H. R. Haldeman. Haig remains on active duty and will oversee all staff activities on a long term basis. The move follows Watergate resignations as Nixon considers broader staff restructuring.
Four Oklahoma College of Liberal Arts students announced at the state capitol news conference they will file a class action suit in Grady County District Court charging breach of enrollment contract and seeking tuition refunds. Attorney Jim Ikard said the suit against OCLA President Bruce Carter and the Board of Regents will be filed next week. The students alleged cuts in student activity funds were diverted, while Carter denied reductions or misuses.
Florida reports say David Packard, a reformist in military procurement, is Nixon's first choice for secretary of defense. Packard, ex deputy secretary, visited the White House and weighed an arrangement to place Hewlett Packard stock in trust to avoid selling shares, with proceeds benefiting education and charities.
Two large New York banks raise their prime lending rate to 7 percent the highest in two and a half years. Citibank and Chemical Bank implement the hike amid ongoing shifts in money market rates and a dual prime rate structure to cushion public impact.
HEW unveils a large reorganization splitting three units into five to boost efficiency in biomedical research health service delivery and consumer protection. The Health Services Administration will replace HSMHA and a new Health Resources Administration will form with NIH shifting the Mental Health Institute and OSHA under CDC. Harold Buzzell named to implement the plan and lead HSA as head of grants and direct delivery.
The National Weather Service predicts only increasing clouds in southwest Oklahoma as moist Gulf air returns from a Pacific front. Rain remains unlikely through Saturday with highs near 80 and mild nights. Thursday’s high was 74 with a low in the mid-50s.
President Nixon cautions the Soviet Union and China to pressure North Vietnam to observe the cease-fire and warns Hanoi against using force to exploit the January 27 agreement. He also says U.S.-China ties have improved with closer communications and growing trade.
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