Kissinger urges decisive action on economic crisis
Secretary Kissinger warned that worsening economic turmoil could spark political unrest that would weaken Western defense. He called for coordinated measures to curb oil prices and inflation, and for dialogue with oil producers. He noted U S ally cooperation but warned against cutting aid to Turkey, linking aid to shared defense. He spoke amid NATO talks and a looming Ford Giscard d Estaing summit.
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Bitter fighting to control Viet rice harvest
In Vietnam, Viet Cong forces shot down a government A37 fighter near Mo Cay and damaged Xuan Loc shop as winter harvest battles escalate. Saigon reports heavy casualties with a daily tally of about 2600 Communists killed or wounded and 61 South Vietnamese soldiers dead in a Mekong Delta helicopter crash.
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Saigon
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Mekong Delta
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Xuan Loc
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Western states oppose AEC temporary nuclear waste dump plan
Idaho Nevada and Washington voiced strong objections at an AEC hearing to a draft environmental impact statement for a temporary 30 year storage facility. They urged faster removal of INEL waste and warned the plan could threaten underground water. Nevada sought greater regional input and right to withdraw.
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Silver fraud unfolds in California firm case
The SEC says Pacific Coast Coin Exe known as Monex International sold about 1 billion in silver and coins it did not have backed by vault photos a best selling book and a national advertising push. The firm consented to the charges in U S District Court Los Angeles Judge Harry Pregerson accepted the plea and considered the SEC request to disgorge improper profits from alleged illegal activity and unfair pricing.
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UPI
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Monex International Ltd. Inc
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U.S. District Court
Los Angeles
Harry Pregerson
Mills Steps Down From Ways and Means Chair in Health Doubt
Rep Martha W Griffiths says Wilbur Mills gave up the chairmanship due to health concerns or belief of ill health. Griffiths, retiring after 20 years, told women journalists that the decision reflected health issues rather than Mills exposure with Fanne Foxe.
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Washington
UPI
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Dmich
Wilbur Mills
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Long War Continues in Mideast Amid Repeated Attacks
The long conflict in the region intensifies as Israel and Arab guerrillas clash along the Lebanon border and near Beirut. A Palestinian refugee camp raid near Beirut kills one woman and wounds ten, while a Tel Aviv theater attack leaves three dead and 53 injured.
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Israel
Lebanon
Beirut
Rashid Solh
Tel Aviv
Aharon Yariv
Palestine Liberation Organization
WAFA
Safad
Nabatieh
Yitzhak Rabin
London
Ford to concede to Congress on Nixon tapes custody
President Ford signals acceptance of Congress action to nullify his deal giving Nixon custody of presidential tapes. White House aides say he may sign or let the bill become law without a signature. Nixon attorney Jack Miller argues the measure is unconstitutional and too sweeping to pass quickly.
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Nixon
Indictment in Oil Swindle Ties Stars to $130 Million Fraud
A federal grand jury in Los Angeles indicted an Oklahoma attorney and 12 others on 39 counts for a phony oil drilling scheme that bilked investors and celebrities, including Jack Benny and Bob Trippet, of about $130 million. The Home-Stake affair used fake drilling and staged oil-field imagery to lure buyers, though no real oil existed.
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Los Angeles
UPI
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Jack Benny
Bob Robert S. Trippet
Tulsa
Tulsa Lawyer Who Founded Home- Stake
Onecy
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Securities and Exchange Commission
California
TV Show Cleared In Skid Row Murders
Police screened the NBC program Police Story and cleared it of inspiring the Skid Row killings. Lt. Charles Kilgo said the murders and the episode titled Love, Mabel were unrelated despite a shared victim pool and timing.
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Los Angeles
UPI
Police Story
Charles Kilgo
Mabel
Police Files
McCord conviction upheld by appeals court
The U S Circuit Court of Appeals unanimously upheld James W McCord Jr for his role in the 1972 Watergate bugging and break in The ruling follows a separate last month opinion that maintained G Gordon Liddy s contempt sentence Liddy who is free on bond got 18 months for defying a federal grand jury testifying order The court affirmed McCord as guilty of the Watergate crime spree led by Nixon s campaign security chief
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UPI
U.S. Circuit Court of Appeals
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