Controls lifted for promise in auto wage price decontrol
The Cost of Living Council lifts wage price controls on the automobile industry in exchange for pledges to cap 1974 model compact car prices at 150 dollars and not raise prices during the model year. Chrysler declines to sign the commitment, citing disagreement over what constitutes a major economic event, while GM Ford and AMC proceed with decontrol benefits and price limits.
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 lawmakers say they pay California income taxes
UPI reports that Nixon paid no California state income tax 1969 to 1972 while senators and 43 California congressmen say they pay California income taxes. Several lawmakers differed on Nixon’s tax duties, with Hinshaw arguing the President is exempt under 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 convenes GOP leaders to map 1974 strategy
President Nixon summoned Republican leaders to the White House to plan the 1974 congressional elections and assess Watergate effects on candidates. George Bush requested the meeting while Gerald Ford, William Brock, and Bob Mitchell participate amid impeachment debate. Brock says voters will focus on candidates, not the 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
AirWest grand jury probe resumes in Las Vegas
A federal grand jury investigation into Howard Hughes acquisition of AirWest Airlines resumed in Las Vegas as prosecutors seek to wrap up the probe by year end. The case ties to an SEC inquiry into possible stock manipulation or fraud in the 1968 deal. U.S. Attorney De Voe Heaton and SEC attorney William Turner led the presentation. Turner has been taking sworn statements from West Coast sources for months.
MENTIONED IN THIS ARTICLE
Las Vegas
API
Howard Hughes
AirWest Airlines
Securities and Exchange Commission
Hughes
Airwest
U.S
Nevada
Cold weather brings snow to Deep South and beyond
Cold air pushed into the Deep South with snow reaching North Carolina and Tennessee. The Mississippi and Tennessee valleys felt frost while interior central Florida saw freezing temperatures. Light snow covered New York state to North Carolina and Tennessee, with heavy Buffalo area warnings and rain along the Pacific coast and into 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 Astronauts to Photograph Comet and Missile Launch
The Skylab 3 crew Gerald Carr Edward Gibson and William Pogue will endure an 18 hour day including sun watching and two medical tests. They will stay up three hours past bedtime to photograph a Defense Department Minute Man launch from Vandenberg AFB and then point cameras at the Crab Nebula billions of light years away.
MENTIONED IN THIS ARTICLE
Houston
UPI
Earth
Gerald
P. Carr
Edward G. Gibson
William R. Pogue
Vandenberg Air Force Base
Calif
Kissinger Says NATO Talks Foster Better Understanding
Secretary of State Henry Kissinger said talks with NATO foreign ministers improved understanding of each side positions despite a France row. He noted agreement in principle to meet with Common Market foreign ministers on the energy crisis and defended the U S nuclear umbrella pledge to NATO.
MENTIONED IN THIS ARTICLE
Brussels
UPI
Henry Kissinger
France
Kissinger
North Atlantic Treaty Organization
NATO
Western Defense Alliance
America
Western
Europe
Grand larceny allegation tied to Nixon era policy case
A House subcommittee heard that a New York doctor, Thomas Matthew, faced alleged grand larceny of over 1 million in federal funds tied to a White House driven black capitalism pilot. SBA audits found mismanagement in 1971 with funds pledged to Matthew, yet no federal charges were filed. New York convicted him on Medicaid mismanagement.
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 scores banks on loan costs in San Francisco
The San Francisco Consumer Action group published Break the Banks a 63 page shopper’s guide showing loan costs across 17 banks vary by more than 100 percent for a $700 unsecured personal loan. One bank quoted 49 while another charged 101.60. The report cites resistance from banks and regulators to information requests.
MENTIONED IN THIS ARTICLE
San Francisco
UPI
Consumer Action Organization
Consumers Action
Woman Marine to lead males at Camp Pendleton
Col. Mary Bane, 44, named to command the Headquarters and Service Battalion at Camp Pendleton, becoming the first woman Marine officer to lead male troops. The all male unit numbers 2,150 Marines, and the appointment follows the corps commandant’s move to abolish sex based assignment rules.
MENTIONED IN THIS ARTICLE
Camp Pendleton
Calif
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Crab Nebula
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Middle East
Michel Jobert
Jobert
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Marian Cleff
Cleff House
Security Pacific Bank
Mr. Clef
Howard
David
Marlyn
Lompoc, Calif
FDIC