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Newspaper
Lompoc Record
Location
Lompoc, California, United States of America
Date
Jun 11, 1975
Page
4
New York, a major U S cultural and financial hub, teeters on bankruptcy with 25 percent of U S municipal debt. Mayor Beame faces a shrinking tax base, rising debt, job losses, and rising costs while credit rating is suspended.
Lebanon faces tension as editors face jail for publishing military moves after Sidon clashes. Demonstrations by fishermen and counter protests by Christian groups strain the army amid fears of confessional conflict. President Franjieh remains cautious as rumors of coups and assassinations arise, echoing 1958 turmoil.
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