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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Dec 23, 1971
Page
3
In Tokyo and Europe the U S dollar remained well above parity as markets opened for a second day. Dealers reported light volume with no coordinated buying, suggesting no immediate capital flight or buyback as traders await the new year.
In Dallas early Wednesday two bandits entered Oaks Manor Motel and pointed a pistol at night manager Pau Hatter demanding money. Hatter fired as they fled, injuring no one. Across the Atlantic euro currency shifts, dollar strength, and currency realignments dominate financial news as ministers seek to redirect capital flows back to the United States.
An established written plan in effect before November 14 provides for a definite amount or a method to determine the aggregate payment. The entire payment is made in good faith according to the plan provisions.
Texas law professor Schatzki and other UT officials face criticism over districting rules amid student demonstrations and legal action. Four suits against the plan move toward a three judge federal hearing with ACLU support and the American Civil Liberties Union helping fund one suit. The five man board’s redistricting redraws the Senate and House boundaries as courts review the plan. Marie-Louise Languet in Dijon receives a 21 day army training summons, saying it must be a mistake yet prepared for compulsory service with five children to care for.
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