Mexico installs Portillo as president amid land reform shifts
Jose Lopez Portillo was sworn in as Mexico’s 69th president. He inherits a partial land-redistribution regime as outgoing Echeverria awards 1.1 million acres to peasants and orders 8,668 acres into 60,200 small plots. Portillo vows austerity and a shift toward private investment, warning of potential unrest and promising banking reform and reduced expenses.
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Mexico City
Jose Lopez Portillo
Mexico
Luis Echeverria
Agrarian Reform Ministry
Echeverria
Lopez Portillo
Treasury
National
Lyndon B. Johnson
Henry A. Kissinger
Nancy
Ford
Jack
Banco de Mexico
US Federal Reserve
Southwest Airlines Route Plea Okayed
Southwest Airlines route plea was approved with a 50 to 0 vote and Rex Cauble abstaining. Cauble said his abstention was not due to bias cited by Fort Worth city attorney S G Johndroe Jr. Fort Worth opposed the plan because the airline uses Love Field.
MENTIONED IN THIS ARTICLE
Rex Cauble
Cauble
Fort Worth
S. G. Johndroe Jr
Southwest
Love Field
Rith
Toll from multiple fires climbs to sixteen fatalities
Fire deaths across Tennessee New York and Pennsylvania push toll to sixteen with 28 injured after two fatal homes in Maryville near the Smoky Mountains and Kingston area burn. Victims include Larry Mereidieth and seven relatives and James Avery and his five children.
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United Press International
Maryville
Tenn
Kingston
N.Y
Pennsylvania
McDonald's
Newark
Del
Willian Jarrell
Nurrow
Great Smoky Mountains
Randall Kidd
Larry Mereidieth
Joseph
Kidd
Mereidieth
Wendy Lee
Sherry
Phyllis Marie Pitts
Raymond
James
Blount
Charles Courtney
James Avery
Connelly
Avery
Linda
Thomas Mayone
Mayone
Tremors Shake Peking Detected Aftershocks Reported
Kyodo reports a weak earthquake barely felt in Peking early this morning with no damage. Authorities warned of aftershocks following the major quake that hit Tangshan and the northern Hopet region, with a prior quake dated November 15.
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Tokyo
Peking
Japan
Kyodo
Tangshan
Hopet
Carter Seeks Restraint as Prices Drive Inflation Fears
President elect Carter faces rising inflation as he meets with senior economic minds. Attendees include Bertram Lance, Walter Heller, Michael Blumenthal, Andrew Brimmer, A.W. Clausen, Richard Cooper, John Dunlop, Lawrence Klein, Juanita Kreps, Laurence Lynn, Arthur Okun, Joseph Pechman, Alice Rivlin, Robert Raosa, Charles Schultze, and Irving Shapiro. The group reviews current economic developments and argues for restraint from large administered price sectors including steel.
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Ing
Mondale
Carter
Bertram Lance
Atlanta
Office of Management and Budget
Walter Heller
Council of Economic Advisers
Kennedy
Johnson
University of Minnesota
Michael Blumenthal
The
Bendix Co
Andrew Brimmer
Federal Reserve Board
A.W. Clausen
Bank of America
Richard Cooper
Yale University
John Dunlop
Ford Administration
Harvard University
Lawrence Klein
University of Pennsylvania
Juanita Kreps
Duke University
Laurence Lynn
Arthur Okun
Johnson Administration
Brookings Institution
Joseph Pechman
Alice Rivlin
Congressional Budget Office
Robert V. Raosa
Treasury
Federal Reserve Bank of New York
Brown Bros., Harriman and Co
Charles Schultze
Old Budget Bureau
Irving Shapiro
12.1
du Pont de
October Economic Index Holds Flat Amid Revisions
The leading indicators index for October was unchanged, signaling a possible end to the slowdown though not an improvement. Seven of eleven components fell while four rose, with extensive revisions from prior months influencing the outcome.
MENTIONED IN THIS ARTICLE
Washington
John W. Kendrick
Commerce Department
Jimmy Carter
Kendrick
Carter
Judge Sets Gilmore's Execution
The judge schedules Gilmore's execution while inmates argue it could hasten their own cases. Richard Giauque plans to intervene for ministers opposing the death penalty and appears before the pardons board. Gilmore remains on hunger strike after not speaking with Nicole Barrett, who took sleeping pills in a suspected death pact and is in a mental hospital. Barrett’s guardian petition seeks control over her affairs as hospital officials withhold comment on her condition. A hearing on guardianship is set for next Wednesday at 3 p.m., with another hearing Friday to decide if Barrett stays in the mental hospital.
MENTIONED IN THIS ARTICLE
Gilmore
Richard Giauque
Salt Lake City
Pardons Board
Sam Smith
Nicole Barrett
Robbery Suspects Captured After High-Speed Chase Near Tulsa
McRoberts said the suspects fled five miles east of Tulsa before a high-speed chase through winding country roads. Bank teller Leota Porter was held as a hostage but freed unharmed, and all loot was recovered.
MENTIONED IN THIS ARTICLE
McRoberts
Tulsa
Leota Porter
Hospital District officers may quit board this month
Board chairman pro tem Jack Strong and member Pennington said they may decline reappointment as terms expire this month. They criticized stalled negotiations with Texas Tech over shared services and joint ventures while hoping the teaching hospital gains funds and state aid to open. Flygare noted Pennington's departure would be a great loss and plans to discuss staying.
MENTIONED IN THIS ARTICLE
LCHD
Jack Strong
Strong
Texas Tech
Tech
Pennington
Jack Flygare
Dickerson Released On Bond In Burglary Case
Detective Captain Wayne Love confirms authorities may seek more information from Dickerson while noting no case is closed. Dickerson's extradition to Polk County is planned with an indictment and complaint mailed to Texas officials. an extradition hearing is set for December 22.
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Love
Polk County
Glen Carson
Dickerson
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