Warren rules out bid to topple Speaker McCarthy
Democratic Assemblyman Charles Warren said there is no evidence of significant opposition to Speaker Leo McCarthy and he will not pursue the speakership. McCarthy, supported by party allies, has faced earlier bid by Willie Brown Jr. and other dissidents. Warren met McCarthy to discuss potential replacement but later indicated no remaining interest.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Charles Warren
Assembly
Leo T. McCarthy
McCarthy
Los Angeles
San Francisco
Kenneth Meade
D-Berkeley
Warren
Arren
Willie Brown Jr
Edwin Z’berg
Showdown between Peron and divided Argentine army
President Isabel Peron challenged the split army with labor union backing amid rumors of a coup. Generals led most troops in open opposition to Army Commander Lt. Gen. Alberto N. Laplane though Buenos Aires showed no outward split. Interior reports from Cordoba Rosario and Bahia Blanca said garrisons also opposed Laplane and he offered his resignation under pressure.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
UPI
Isabel Peron
Alberto N. Laplane
Cordoba
Rosario
Bahia Blanca
Peron
Laplane
Army
Roberto Viola
Second Army Corps
Casa Rosada
Olivos
Nation
Labor
Peronist
Grenadier Guard
Vicente Damasco
Brown plans to curb redlining in California lending
The Brown administration unveiled state rules to combat redlining by about 100 state chartered savings and loan associations with roughly 35 billion in assets. Officials said loan officers' bias worsens inner-city decline, crime, and property value slumps, while banks will face future measures.
MENTIONED IN THIS ARTICLE
Sacramento
UPS
Brown
Business and Transportation
Donald Burns
California
Savings and Loan Associations
Burns
Mayors push bids to host 1976 Democratic Convention
New York Mayor Beame and Los Angeles Mayor Bradley pitch to a 20 member site committee. Beame promises no labor trouble and fiscal reforms at Madison Square Garden while Bradley touts Los Angeles new convention hall and solid public services.
MENTIONED IN THIS ARTICLE
Washington
UPI
Abraham D. Beame
New York
Tom Bradley
Los Angeles
Democratic Party
Robert S. Strauss
Beame
Bradley
California Legislation Moves On Credit and Education
Governor signs bills banning credit denial due to marital status and funding autistic children for summer school. AB105 backs public meetings for CSU and college advisory boards. AB1362 mandates public campus leadership meetings. A veto limits psychotherapist information access after death. Senate Finance approves non attorney board seats at State Bar. Malpractice rules target doctors insurers and lawyers. Public sector union rights defeated. Assembly honors late Assemblyman Edwin L. Z'berg.
MENTIONED IN THIS ARTICLE
Berman
Beverly Hills
Arnett
Redwood City
California State University
Vasconcellos
D-San Jose
Montoya
D-La Puente
July Rise in Leading Economic Index Marks Longest Upward Run
The leading indicators index jumped 1.7 percent in July, the fifth straight gain and the longest expansion since early 1973. Seven of ten components improved while three weakened. June was revised up to 1.0 percent.
MENTIONED IN THIS ARTICLE
Washington
UPI
Tony
Commerce
Commerce Report
Economic indicators point to end of recession
The jump quarter index rises 6.3 percent while Q1 falls 6.6 percent. Indicators suggest recession ended in May or June. July swelling indicates the economy is still improving.
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