Nixon Forecasts 1971 Strong Economy Despite Inflation
President Nixon predicts a very good year with a 1972 upturn as inflation is checked though not as fast as hoped. He rejects mandatory wage and price controls and outlines plans on welfare reform revenue sharing and a national health insurance program.
MENTIONED IN THIS ARTICLE
Nixon
U.S
Congress
California
White House
San Clemente
Calif
Texas
John Connally
Prime Rate Moves Across 1970 With Mixed Mortgage Impact
The article details multiple rate changes in 1970 including the prime rate cuts and subsequent Fed actions, plus a government 4 point cap on mortgage loan interest. It notes differing views on the impact for housing costs and mortgage rates, with consumer loan rates also adjusted by major banks. It also covers Nixon’s White House interviews, Middle East policy notes, and upcoming State of the Union plans.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Federal Reserve
Patman
Wright Patman
D—Tex
House Banking Committee
Everett C. Spelman
Mortgage Bankers Association of America
Bankers Report
First Pennsylvania
Action
Philadelphia National Bank
Bank of America
Wells Fargo
California
Chase Manhattan
New York
White House
Executive Mansion
Lyndon B. Johnson
John F. Kennedy
John Chancellor
NBC
Eric Sevareid
CBS
Howard K. Smith
ABC
Nancy Dickerson
Public Broadcasting Service
Reds
North Vietnam
Vietnam
U.S
U.S.S.R
Nixon
Mideast
United States
Russia
Middle East
Israel
Congress
Vicious Storm Slams U.S. 30. Roads Reopened With Caution
A major blizzard battered the Midwest and Southwest with heavy snow and icy patches. U.S. 87 between Hartley and Dumas faced one way traffic. travel warnings lingered for Guadalupe Pass and Sierra Diablo areas. At least 30 deaths were linked to the storm nationwide, with Iowa and Nebraska hardest hit as airports, roads, and schools shut down.
MENTIONED IN THIS ARTICLE
U.S. 87
Hartley
Dumas
Guadalupe Pass
Delaware Mountains
Sierra Diablo
Salt Flat
Culberson County
National Weather Service
Valley Area
Rio Grande Valley
Dalhart
Texas
Panhandle
Iowa
Nebraska
Des Moines
Nebraska State Patrol
Kansas Highway Patrol
Dodge Street
Omaha
National Guard Armory
Lincoln
Neb
Cleveland
Opine International
Chicago
O’hare
Icy fountain scene at 7 degrees in Texas tech area
Kathy Warren 18 of Lubbock High School is pictured beside the freezing fountain in Lubbock after temperatures fell to 7 degrees and failed to rise above freezing in the afternoon. She is the daughter of Mr and Mrs Steve Warren of 3517 30th St. More similar conditions expected today.
MENTIONED IN THIS ARTICLE
Texas Tech
Kathy Warren
Lubbock High School
Steve Warren
30Th St
Milton Adams
West Germany oil consumption rises in first half of 1970
West Germany used 67.2 million tons of oil in the first half of 1970, a increase of 7.2 million tons from the same period in 1969.
MENTIONED IN THIS ARTICLE
Bonn
West Germany
Plumbers Busy As Freezing Temps Trigger Calls
A cold snap sent Hub City plumbers swamped with thawing frozen pipes repairing heaters and unblocking sinks. One pro cited eleven heater repairs by Monday morning far above typical. Experts warned rapid thawing risks but water use remains essential to business.
MENTIONED IN THIS ARTICLE
Avalanche-Journal
Governors remarks urge restraint and balanced budgeting at Texas colleges
In a meeting with the governor, regents are urged to be reasonable and realistic in budget planning amid fiscal squeeze. The governor stresses guarding against over-extension of graduate programs while supporting justified ones and cautions against overprotecting incompetents. Regents call for accountability, criticizing accrediting bodies and seeking state agency input on potential disorders. Jim Oliver promises close gubernatorial assistance.
MENTIONED IN THIS ARTICLE
Smith
Bert Godfrey
Fort Worth
North Texas State University Board of Regents
Southern Association of Colleges and Schools
American Asso
Atty
Waggoner Carr
Texas Tech
Jim Oliver
Apollo 14 Gets Fuel for Jan. 31 Lunar Landing
Engineers began fueling Apollo 14 at Cape Kennedy for the January 31 moon landing attempt in Fra Mauro highlands. The fueling of the lunar module and later the command ship proceeds toward a week-long dress rehearsal countdown set to start January 13.
MENTIONED IN THIS ARTICLE
Cape Kennedy
UPS
Fra Mauro Highlands
Alan B. Shepard
Stuart A. Rossa
Edgar D. Mitchell
Houston
Manned Spacecraft Center
Cape
City approves higher rates for Tech arena use
City officials set a new schedule increasing commercial rates for University of Tech events at the coliseum and auditorium. Minimum charges rise to 750 for games and 475 for rodeos, with 6 percent of ticket sales and 40 priority dates for Tech. Regular rates apply beyond the top dates, while actual costs and prior usage are reviewed.
MENTIONED IN THIS ARTICLE
New Tech
Tech
Bill Blackwell
Tech Big
Coliseum
Couch
Governor Wallace and Folsom Era Ties Revealed
The article recalls Wallace and Folsom as political allies during Wallace’s early governorship terms. It notes Wallace later campaigned for a second term with a new companion, a country music singer and water skier from his school days. It lists Wallace’s four children and the mixed details about their ages and affiliations.
MENTIONED IN THIS ARTICLE
Folsom
Wallace
Snively
Jim
Josh
Janie Lee
James Parsons
Birmingham
Peggy Jo
Auburn University
Montgomery
George Jr
University of Alabama
Plane crash near LaGuardia injures crew
A twin engine DC3 with two aboard crashed on approach to LaGuardia striking a parked car and nearly hitting a home before stopping in a vacant lot. The pilot and copilot were treated at Elmhurst General Hospital for multiple cuts. No injuries on the ground were reported.
MENTIONED IN THIS ARTICLE
New York
UPS
LaGuardia Airport
Elmhurst General Hospital
Fatal Restaurant Blast Levelled Mana y's Building
A fatal blast struck Manny's Restaurant causing the two story structure to collapse onto a one story blueprint company and gift shop. Gas odor reported by Carl L Paxton Jr preceded the explosion as Patrolman Ronald Graffius and other officers rescued injured victims and evacuated bystanders amid ongoing flames.
MENTIONED IN THIS ARTICLE
Manny
Carl L. Paxton Jr
Boday
Paxton
Ronald Graffius
Wes
James Blitch
Red Movements Eyed U S Cutting Back Rate Of Troop Withdrawals
U S military sources say troop withdrawals from South Vietnam slow, virtually none sent home before Tet. Tet period begins Jan 28, with potential Communist actions anticipated at lower intensity. U S bombings hit Ho Chi Minh trail area and A Shau Valley as Laos reports North Vietnamese and Pathet Lao troop movements into Thailand. One Vietnamese ship hit near Phnom Penh, with five Communist deaths reported nearby and no Vietnamese losses.
MENTIONED IN THIS ARTICLE
Saigon
UPI
U.S
South Vietnam
Laotian Defense Ministry
Laog
Thailand
da Nang
A Shau
Hue
Phnom Penh An
Neak Leung
Phnom Penh
Also Mentioned on This Page
Mart
Philly Bank
Cut
Kansas City
Phillipsburg
Kan
Concordia
Chamber
University of Nebraska
Minnesota
Canada
National Weather Services
Kansas
Texas Panhandle
Blast
Rockies
Great Lakes
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