Controls Lifted for Promise in Auto Prices
The Cost of Living Council ends wage price controls on the auto industry in exchange for a pledge by GM Ford and AMC to limit 1974 compact car price increases to 150 dollars and not raise vehicle prices again during the model year. Chrysler refused to sign but will still gain some decontrol benefits.
MENTIONED IN THIS ARTICLE
Washington
UPI
Cost of Living Council
CLC
Chrysler Corp
General Motors
Ford Motor Co
American Motors Co
Ford
AMC
John T. Dunlop
Dunlop
Chrysler
Council
California leaders all pay California income taxes
UPI reports that Nixon and California’s political delegation differ on state tax status. Senators and 43 congressmen say they pay California income taxes, while Nixon paid none from 1969 through 1972 due to domicile in D C, per White House and state law.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
California
White House
San Clemente
District of Columbia
D.C
Robert L. Leggett
Andrew J. Hinshaw
Hinshaw
Nixon calls leaders to map strategy for 1974 elections
President Nixon convened GOP leaders at the White House to plan the 1974 congressional races and evaluate Watergate’s impact on candidates. George Bush requested the meeting with VP Ford, Sen. Brock, and Rep. Mitchell. Brock cautions voters will focus on candidates over party.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
Republican Party
White House
GOP National Committee
George Bush
Gerald R. Ford
William Brock
R-Tenn
Senate Campaign Committee
House
Bob Mitchell
National Committee
Bush
Texas
Brock
Nashville
Grand jury probes Hughes AirWest purchase linked to SEC inquiry
A federal grand jury probe into Howard Hughes acquisition of Air West Airlines resumed in Las Vegas. Prosecutors seek end of year completion and tie the matter to an SEC inquiry over stock manipulation or fraud in the 1968 offer. De Voe Heaton and William Turner led the government presentation.
MENTIONED IN THIS ARTICLE
Las Vegas
API
Howard Hughes
AirWest Airlines
Securities and Exchange Commission
Hughes
Airwest
U.S
Nevada
Cold weather spreads south with frost and snow
United Press International reports a wave of cold air dipping into the Deep South with snow reaching North Carolina and Tennessee. Temperatures hit freezing as far south as northern Florida while frost is forecast in interior central Florida. Light snow blankets New York state and the Appalachians. heavy snow warnings issued for Buffalo area and travel advisories for western Pennsylvania. Rain spreads along the North Pacific Coast and light precipitation stretches from eastern Washington to the Northern Rockies.
MENTIONED IN THIS ARTICLE
United Press International
North Carolina
Tennessee
Mississippi
Gulf Coast
Florida
Weather Service
New York State
Appalachians
Buffalo, N.Y
Pennsylvania
Skylab 3 Crews Photo Kohoutek Comet and Vandenberg Launch
The Skylab 3 crew led by Carr Gibson and Pogue faced an 18 hour day including sun watching two medical tests and a Defense Department Minute Man missile launch from Vandenberg AFB. They will photograph the comet and Crab Nebula after the missile shoot.
MENTIONED IN THIS ARTICLE
Houston
UPI
Earth
Gerald
P. Carr
Edward G. Gibson
William R. Pogue
Vandenberg Air Force Base
Calif
Kissinger Sees Better Understanding After NATO Talks
Secretary of State Kissinger said he and NATO allies gained a better understanding of each other’s positions after two days of talks despite a clash with France. He noted agreement in principle to meet Common Market foreign ministers on energy and stressed the U.S. nuclear umbrella remains NATO obligations.
MENTIONED IN THIS ARTICLE
Brussels
UPI
Henry Kissinger
France
Kissinger
North Atlantic Treaty Organization
NATO
Western Defense Alliance
America
Western
Europe
Grand larceny tied to Nixon white house probe
A congressional subcommittee alleges Dr. Thomas Matthew mismanaged over 1 million in SBA and federal funds in 1971 as part of a Nixon era black capitalism pilot. An SBA audit found grand larcenies and the file went to Justice, but no federal charges followed. Matthew was later convicted in New York on Medicaid mismanagement counts.
MENTIONED IN THIS ARTICLE
Washington
UPI
Nixon
Curtis Prins
House Banking Committee
Thomas Matthew
New York City
Small Business Administration
SBA
Justice Department
Prins
Matthew
Robert Finch
Department of Health, Education and Welfare
New York
White House
Anthony Chase
State of
Shopper's guide ranks San Francisco banks on loans
The San Francisco Consumer Action group released Break the Banks, a 63 page shopper's guide showing loan costs across 17 banks vary by more than 100 percent. A $700 unsecured loan ranged from $49 to $101.60 with limited cooperation from banks and regulators.
MENTIONED IN THIS ARTICLE
San Francisco
UPI
Consumer Action Organization
Woman Marine to Lead Male Troops at Pendleton
Col Mary Bane age 44 named to command Headquarters and Service Battalion at Camp Pendleton California starting January 15 making her the first woman Marine officer to lead male troops in the 198 year history of the corps. She will head 2150 Marines and say she is overwhelmed to break the barrier. The move follows the commandant Gen Robert Cushman Jr dismissing rules that discriminated on sex.
MENTIONED IN THIS ARTICLE
Camp Pendleton
Calif
Also Mentioned on This Page
Air West Probe
By Barnes
Vandenberg
Crab Nebula
London
Middle East
Michel Jobert
Jobert
Consumers Action
Santa Claus
MOORE
Mommie
Daddy
Santa
Ocean
Lompoc
Howard and
Marian Cleff
Cleff House
Security Pacific Bank
Mr. Cleff
Howard
David
Marlyn
Lompoc, Calif
FDIC
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