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Lompoc Record in Lompoc, California

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Lompoc Record

Location

Lompoc, California, United States of America

Date

Oct 17, 1975

Page

1

Industry surge lifts output speed and hiring outlook

UPI reports factories and mines boosting production by 1.9 percent in August and jobless benefits dropping to a nine month low. Auto makers announce over 4,600 new hires to meet overtime demand as GM projects 21 percent sales rise for 1976 models through year end.

United Press International Detroit General Motors Thomas Murphy Murphy Anaheim Calif

Goldwater Warns Audience of U S Welfare State

Senator Barry Goldwater warned at a Santa Maria fundraiser that the nation risks a welfare state and potential bankruptcy in a third century unless Washington tightens. He cited food stamps clothing stamps and rent subsidies and faulted federal deficits and bureaucrats. He urged free market reforms and urged Ford to stay in office.

Barry M. Goldwater Arizona Santa Maria Fairgrounds Robert J. Lagomarsino Goldwater U.S John J. O'Toole Santa Maria America Washington England Congress Alan Cranston John Tunney Edward Kennedy Senator Goldwater

Kissinger Leaves for China Ahead of Ford Visit

Secretary of State Kissinger departed from Andrews Air Force Base to prepare for President Ford's Peking trip aimed at shaping Sino American ties. He will seek conditions for improved relations, with Mao and Chou possibly unable to meet him. The trip may yield no major announcements, underscoring careful diplomacy.

Washington UPI Henry A. Kissinger China Peking Ford Kissinger Andrews Air Force Base Maryland Administration Richard M. Nixon Nixon Communist Party Mao Tse-tung Chou En-lai United States Mao Chou Soviet Union Edward Heath Buenos Aires Argentina Isabel Peron

Market Crisis Pushes NYC Debts Toward Default

New York City faces a potential default on 453 million in debts as stock markets fall and bond trading halts. Banks' shares drop sharply while the Federal Reserve contemplates emergency support and officials seek last minute cash infusions.

New York UPI New York City Federal Reserve Fed Washington Ford White House Pennsylvania First National City Bank Paul A. Volcker New York Federal Reserve

Ford firm denies federal aid to avert New York City default

President Ford will not take action to prevent a New York City default, saying the city and state have the means to avert it. The White House stressed no statutory authority and a belief that a short-term infusion would not solve long-term problems. Ford showed sympathy for New York's people but offered no contingency plans.

Ford White House New York City Santa Maria Phoenix Washington UPI Ron Nessen Nessen New York New York State Abraham Beame Capitol Hill Simon L. William Seidman James T Lynn Alan Greenspan President's Council of Economic Advisers Simon and Lynn Antonin Scalia Calvin Collier

Brezhnev Holds Talks With Giscard d Estaing In Moscow

Brezhnev, recovering from a cold, meets French President Giscard d Estaing in Moscow. They hold intensive talks and sign a declaration of friendship after two negotiating sessions that followed a postponed meeting due to Brezhnev’s illness.

Moscow UPI Leonid Brezhnev Valery Giscard d Estaing Kremlin Brezhnev

Also Mentioned on This Page

Federal Reserve Board Auto Workers Labor Department The Stockholm Sweden James Rainwater Columbia University Danes Aage Bohr Ben Mottelson Bohr Niels Bohr Albert Einstein Swedish Academy of Sciences Niels Bohr Institute Copenhagen Mottelson Nordica Nordic Institute For Technology Rainwater Sten Johansson Nobel Committee Nelson Rockefeller U.S. Senate Senate U.S. Air Force Red China Mao and Chou Steven Brown Zion National Park State Department Peron Shanker Hugh Carey Paul O'Dwyer Harrises Los Angeles William Emily Harris Leonard Weinglass Homer H. Bell SLA Patricia Hearst Samuel Mayerson Miss Hearst Weinglass Elisberg Chicago 7 Bell Ford Firm N.Y. Aid d'Estaing
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