Carter rules out wage and price controls for four years
President elect Jimmy Carter said on NBC that he has no intention of seeking wage and price controls for the next four years barring national emergency. He urged cabinet selections by Christmas and outlined plans to work with Congress on growth and inflation, with talks on arms control and Brezhnev's peace assurances.
MENTIONED IN THIS ARTICLE
Washington
UPI
Jimmy Carter
Carter
Cyrus Vance
Atlanta
Bert Lance
Office of Management and Budget
NBC Today
Congress
Brezhnev
Treasury
William Simon
U.S
Breznihev
Goldwater predicts win over Griffin
Sen. Barry Goldwater says he has 14 of 20 GOP votes needed to become Senate Republican leader, challenging Sen. Robert Griffin. Goldwater foresees leading the GOP Senate against Democrats led by Hubert Humphrey as majority leader.
MENTIONED IN THIS ARTICLE
Phoenix
Ariz
UPI
Barry Goldwater
Senate
Robert Griffin
Arizona
Goldwater
Hubert Humphrey
Humphrey
Democratic Post
Hugh Scott
Pennsylvania
Scott
Sen
Griffin
Michigan
Howard Baker
Tennesee
Washington
Carter defers on Ford B1 bomber decision despite start
President Ford orders production of the B1 bomber with Carter to have final review. Air Force numbers show $704.9 million for first three models and long lead items for eight more. Carter, in Plains Georgia, says he will decide after inauguration whether to proceed or halt, with option to influence ramp rate in Congress. Reed notes total program cost near $22.9 billion amid inflation projections.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
Ford
Carter
Air Force
Thomas C. Reed
Plains
Nbc-Tv
Today
Congress
Reed
Mexico Sees Money Return After Lopez Portillo Inauguration
Andres Marcelo Sada, head of the Mexican Employers Confederation, predicts funds frozen during the Echeverria era will flow back as Jose Lopez Portillo becomes president. He cites the new leader’s conciliatory speech and peso stability as factors, noting $250 million fled the banks in late Echeverria days.
MENTIONED IN THIS ARTICLE
Mexico City
UPI
Mexico
Jose Lopez Portillo
Andres Marcelo Sada
Mexican Republic
Employers’ Confederation
Lopez Portillo
Luis Echeverria
Major cities in financial trouble across eight metros
A Brookings researcher lists eight large cities facing fiscal stress due to poor management and weak economies. Boston Buffalo Cleveland Detroit Newark New York Philadelphia and St Louis confront budget gaps high payrolls pension costs and eroding public morale with potential state or federal aid as possible remedies.
MENTIONED IN THIS ARTICLE
Denver
UPI
Brookings Institute
David T. Stanley
Academy of Contemporary Problems
Columbus
Ohio
Boston
Buffalo
Cleveland
Detroit
Newark
New York
Philadelphia
St. Louis
Stanley
National League of Cities
New York City
Marine Klansman Arrested at Camp Pendleton
A Marine identified as a Ku Klux Klan member, Corporal Dan Bailey, was arrested by Navy investigators for refusing to obey orders to report to a new duty station. The base had announced transfers of 16 Klansmen to other posts amid racial tension. A spokesman said Bailey declined the transfer after leading the group.
MENTIONED IN THIS ARTICLE
Camp Pendleton
UPI
Navy
Dan Bailey
Bailey
Randall Clouse
Cyclops
Dallas
Wholesale prices rise again in November report
The Labor Department said wholesale prices increased 0.6 percent in November, led by higher fuel and consumer-ready food costs. The index stood at 185.6, up 4.2 percent from a year earlier, with fuel driving the rise and farm goods mostly lower.
MENTIONED IN THIS ARTICLE
Washington
UPI
Labor Department
Also Mentioned on This Page
Leonid Brezhnev
Kremlin
The
Council On Wage and Price Stability
London
British Medical Research Council
Tom Meade
Meade
By Barnes
Tribune
Harriet
San Anselmo
Calif
Nancy Perry
Pacific
San Francisco
Honolulu
Miss Perry
Durel Miller
Bruce Collins
Echeverria
Ladera
Monterey
Ronald Kretzinger
Campbell Road
Marine
Price
Cowdrey
Woody
Lompoc Aviation, Inc
Lompoc
DUNNE
Sheriff Ir
Santa Barbara
James Moore
Force
Ann
Sheriff's Records Bureau
John Carpenter
Moore
Carpenter
Sheriff’s Department
Mastro
I Street
Jon
Valley Florist
Mastro’s
First Valley Bank of
ONE Financial Center
Escrow
Independent Bank
Lompoc Valley
First Valley Bank
Walnut and
North ‘‘H’’ Street
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