Fed Tightens Policy Amid Inflation Fight
The Federal Reserve Board raised the discount rate from 4 to 5 percent to curb inflation. The move marks a setback for President Nixon's easy money approach and reflects concern over persistent cost-push inflation threatening the economy.
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UC task force outlines growth plan for 1980-81 enrollment
A University of California task force proposes growth to 139,500 students by 1980-81, with Berkeley and UCLA steady and Irvine Riverside San Diego and Santa Cruz expanding most. graduate growth scaled down from earlier projections. report submitted to President Hitch and to the regents for action.
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UPI
A_ University — of California
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Beautiful evening for Nixon’s China speech mood lift
Nixon enjoys a buoyant evening in Los Angeles after delivering a China policy talk. He greets supporters on Wilshire Boulevard at Perino’s, compares praise to a home run, and dines on crab legs and a $40 bottle of wine with Kissinger nearby.
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Correction from UPI
UPI correction states that reports from Farragut State Park Idaho last week about Rev. Kirby Hensley founder of the Universal Life Church are in error. Hensley was convicted in 1969 of violating state education code by sending a divinity degree to a San Jose California policeman, and the conviction has been appealed.
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Disc jockey Miller freed on 100000 bond in wife murder case
Harvey Humble Harve Miller, a KHJ disc jockey, is released on 100000 bond after a court grants bail. Prosecutors say they will not seek the death penalty. Miller, 36, is accused of fatally shooting his wife Mary, 35, at their Hollywood home on May 7 and surrendered May 20 after two weeks in hiding.
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Kremlin likely to be suspicious about Nixon trip to China
Soviet officials doubt any Nixon China talks will not harm Moscow. They fear Peking Washington ties could provoke U.S.-Soviet tensions, and recall China aims to wedge between the superpowers. The Kremlin’s stance echoes past cautions toward Nixon’s outreach and invites skepticism about any agreements.
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Secret evidence eyed in campground killings case
Nevada County and Placer County sheriffs released a composite sketch and urged residents near Bear River campground to surrender firearms. They said an unidentified object found at the scene could link a heavyset suspect, described as growling like an animal, to the slayan. Two victims, Donna Fitzhugh and John Simmons, died, while Martha M. Parker remained critically injured.
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Economy Drives Men to Enlist as Recruitment Surges
A UPI poll shows young men join the military amid a weak economy and few job prospects. Benefits like higher pay for new enlistees, guaranteed European duty, and skill training bolster recruitment while draft calls pause and Congress debates a new extension.
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