25 Jan 1972
Page 1
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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jan 25, 1972
Page
1
House Appropriations Chair George H. Mahon charges Nixon sugar coats a budget with a record deficit. He warns taxes must rise to prevent fiscal collapse as U S spending remains high amid a sick economy and public health cuts.
U S Navy and Air Force planes attacked missile and gun emplacements in five fresh encounters over North Vietnam this weekend, bringing the year total to 15 protective reaction strikes. Ground action near Saigon saw two Communist attacks repelled as U S forces restated troop reductions and ongoing air campaigns ahead of Tet.
A college aid initiative titled BILLA setting up Vietnam veteran scholarship program is introduced in the New Mexico legislature. The report lists the bill’s aims and potential impact on veterans in higher education.
President Nixon rolled out a 246.3 billion dollar fiscal 1973 budget proposing two large deficits totaling 64.3 billion. He urged Congress to curb spending and stop raids on the treasury while calling for higher defense outlays.
President Nixon presses Congress to impose a rigid ceiling on the 246.2 billion budget, arguing deficit spending fights unemployment while stressing no escape hatches. He warns against growth that triggers inflation and cites a 38.8 billion 1972 deficit and a 25.5 billion 1973 shortfall as consequences of full employment budgets.
Moscow reports the Soviet Union has granted diplomatic recognition to Bangladesh, marking it as the strongest Communist bloc acknowledgment yet for the nation created from Pakistan after the war. The move follows earlier recognitions by Eastern European states and aligns with Soviet backing of India in the India Pakistan conflict.
A reader signs off with a brief prayer asking Heavenly Father to use them to help others find sufficiency in Thee through Jesus Christ. The note closes with Amen and reflects personal faith.
A cold front swept the South Plains driving January like temperatures. Forecasters expected a low near 20s, a high around 40, with a warming to the 50s by Wednesday afternoon. No precipitation was forecast through Wednesday as winds shift northeast at 10 to 15 mph.
Zurich police said they contacted U S authorities in a search for clues to a petite brunette named Helga who cashed 650000 dollars worth of McGraw Hill checks for a supposed Howard R Hughes autobiography.
A Swiss Credit Bank official described the case as refined fraud after cashing checks made out to HM. BR. Hughes. The woman at center of the Clifford Irving autobiography affair, sold to McGraw-Hill and Life magazine, figures in the case.
Gene Austin silvery voiced crooner of the 1920s who made My Blue Heaven a world wide hit died Monday at Desert Hospital in Palm Springs. He was 71 and had written lyrics to standards such as Lonesome Road and Wedding Bells Are Breaking Up That Old Gang of Mine. RCA Victor sold 86 million records in the 1920s, including 12 million copies of My Blue Heaven. Austin was born in Texas and lived much of his life in Las Vegas.
Sen Javits introduces Barbara Brimmer of Staatsburg New York as the candidate to break the all male tradition at the Naval Academy Brimmer 17 seeks admission to the 1972 plebe class and to become a Navy doctor Javits says Navy objections concern women aboard combat ships not hospital ships and minimal gym locker changes are anticipated
Blue chip stock prices sank below the 900 level on the Dow average as profit taking continued. The Dow Jones average fell 10.62 points to 896.82, its lowest since January 4. NYSE volume reached 15.64 million shares.
The Federal Trade Commission plans to file a complaint against four leading cereal producers for monopoly practices false advertising and price fixing. Kellogg Company General Mills Ferberak Foods Quaker Oats control about 80 percent of U S ready to eat cereal sales in a highly concentrated market. The case alleges 30 years of anti competitive action and seeks legal remedies.
Atty. Gen. Crawford Martin asks Supreme Court Justice Powell to block Dallas federal court’s redistricting order while Gov. Preston Smith says he will not call a special legislative session to redraw district lines. The Dallas court faulted the plan for a four percent population spread and ordered elections in districts drawn by Dan Weiser.
Lub bock County commissioners dismissed ideas about running for the county school superintendent job. County Atty Tom Purdom explained the office is currently vacant with no official steps to fill it. He noted the salary could range from 1600 to 2580 dollars annually depending on education and experience, and that abolition of the office would be preferred if possible.
Fair and colder today with north and northeast winds 10 to 20 mph. Tonight will be fair but quite cold and winds ease. Wednesday remains cool with similar wind expectations and lower temperatures.
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