Immunity for Sharp sparks Texas political fight
U S District Judge John Singleton granted immunity to Frank W Sharp to testify before a Houston grand jury investigating a scheme linking Sharp to loans without collateral to Gov Preston Smith and politicians including Gus Mutscher. The SEC and Justice Department vow to pursue the stock fraud case involving Sharp and 11 entities.
MENTIONED IN THIS ARTICLE
Houston
Sharp
Smith
Gus F. Mutscher
Texas
National Bankers Life Insurance Corp
Mutscher
Farris
U.S. House of Representatives
Henry B. Gonzalez
D-Tex
Frank W. Sharp
Securities and Exchange Commission
Department of Justice
Gonzalez
Dallas
SEC
Justice Department
James E. Sims
Sims
U. S
Sarah T. Hughes
Morton Susman
Senate votes show split over Vietnam withdrawal deadline
The Senate rejected a fixed withdrawal date while signaling possible support for a compromise that would guide the exit with consideration for American troops and POWs. McGovern pressed for a deadline, praising a near alternative plan by Cooper and Church that would limit funds after June 1 1972.
MENTIONED IN THIS ARTICLE
McGovern
Senate
John Sherman Cooper
R-Ky
Frank Church
Idaho
Vietnam
Saigon
United States
U. S
Indochina
John Stennis
D-Miss
Robert Dole
R-Kan
Republican National
Viet Cong Shelling Targets South Vietnam Posts
Viet Cong mortar crews mounted renewed shelling toward three South Vietnamese posts, killing at least two and wounding 19. A Central Highlands village, a division HQ near Saigon, and a northern district town were hit as a security sweep around Saigon prepared for Armed Forces Day parade.
MENTIONED IN THIS ARTICLE
Avalanche-Journal News
Saigon
Highlands
United States
U.S
Martha Mitchell Advocates Practical Fashion And Southern Cuisine
Mrs. Martha Mitchell urged American fashion designers to create what women want to wear and suggested Julia Child explore Southern dishes like spoon bread and fried grits. She joked about calling Vice President Agnew to explain long words and offered tennis and golf lessons.
MENTIONED IN THIS ARTICLE
Mitchell
Arkansas
Julia Child
Spiro Agnew
Airport Board's Plea Approved for Development Funds
Terry County Airport Board led by Earl Jones won approval to participate in the Airport Development Aid Program. A total of 66,347 dollars will fund land and lights with 46,347 from the program and 20,000 state funds. Federal money will enlarge the airport lengthen runways add taxiways and aprons. Judge W T McKinney noted larger planes can use the airport with ease.
MENTIONED IN THIS ARTICLE
Brownfield
Terry County
W. T. McKinney
Final Arguments Set In Kilburn Marijuana Trial
Final arguments were scheduled for 9 a.m. in the 140th District Court in the case of Gary Joe Kilburn 29 of 3412 27th St charged with possession of marijuana The prosecution rested after cross examination of DPS chemist Pat Donley who testified he analyzed plant material as marijuana Donley said Kilburn yielded 17 5 ounces of marijuana and a pipe with marijuana residue Kilburn had been deemed competent to stand trial in a sanity hearing held earlier in the week by a jury in the same court.
MENTIONED IN THIS ARTICLE
140Th District Court
Gary Joe Kilburn
27Th St
Department of Public Safety
Pat Donley
Donley
Kilburn
Government seeks copies of Times Vietnam policy reports
The government requests two top secret World War II era reports from The New York Times regarding U S Vietnam policy and the Tonkin Gulf incident. Gurfein refused to compel disclosure while Times argues First Amendment protections and national security concerns. The case centers on whether court access to the classified documents is allowed and the Times exposure of past U S covert actions.
MENTIONED IN THIS ARTICLE
Times
Gurfein
The
U. S&s
Vietnam
Tonkin Gulf
Defense Department
Hess
Arthur Ochs Sulzberger
London
Nixon
Pentagon
Attorney General’s Office
United States
North Vietnam
Gulf of Tonkin
Barnes Ties to NBL Sharpstown Bank Case Noted
The SEC named Barnes in the Mutscher era network linked to the NBL Sharpstown bank scandal. Depositions reveal a 1969 $60,000 loan from Dallas Bank Trust secured by 1,000 NDC shares. The loan was guaranteed in 1970 by two NDC directors and consolidated with a separate Barnes loan at NBC.
MENTIONED IN THIS ARTICLE
John Tower
Carr
NBL
Sharpstown Bank
Securities and Exchange Commission
Dallas
Barnes
Dallas Bank & Trust
NDC
National Bank of Commerce
Bell System Strike Planned by CWA on July 14
The Communications Workers of America said on Wednesday it will strike the Bell Telephone System July 14 unless a new wage contract is agreed. The threat follows stalled negotiations over pay and benefits between the union and telecommunications giant.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
UPI
Communications Workers of America
Bell Telephone System
May personal income and housing rise signal ongoing expansion
The May report shows the jobless rate at 6.2 percent and personal income climbing by 6 billion dollars to a seasonally adjusted annual rate of 847.5 billion. Privately owned housing starts reach 1.931 million units with three straight months near 1.9 million, as officials say expansion effects spread and consumer spending may strengthen.
MENTIONED IN THIS ARTICLE
Department
Harold C. Passer
Commerce
General Motors
Nixon
Passer
Smith Denies Involvement in Sharpstown Stock Case
Governor Smith stated he will not testify against anyone and criticized the Sharp case as political harassment. The SEC has alleged Sharpstown State Bank loans funded stock speculation for legislators to pass two banking bills. Smith Baum and others say they profited from NBL stock, denying wrongdoing while noting future SEC depositions.
MENTIONED IN THIS ARTICLE
U.S. Securities and Exchange Commission
Dallas
Sharp
Smith
House
Gus Mutscher
House Appropriations
Bill Heatly
Tommy Shannon
Fort Worth
Democratic
Elmer Baum
Sharpstown State Bank
National Bankers Life Insurance Co
NBL
Baum
SEC
Justice Department
No Decision Yet In Big Spring Police Chief Case
Three city commissioners in Big Spring demanded the resignation of Police Chief FE J Banks after a public hearing attended by more than 1200 people. The hearing aired after a court allowed broadcast and four officials had resigned recently amid police disputes. No final decision was announced.
MENTIONED IN THIS ARTICLE
Big Spring
UPD
FE. J. “Jay
Banks
City Commission
Cnttain
Commission
Howard County Sheriff’s Office
District Attorney
KBST
R. W. Caton
Bir
Two Sentences In Texas Prison For Felony Convictions
Two felons were sentenced Wednesday in 99th District Court by Judge Howard C. Davison. Joe Bustos, 22, of 4114 32nd St received four years for carrying a pistol after a felony conviction. Linda Sue Doshier, 23, of Tyler had probation revoked and was ordered to serve three years for forging a check in 1968 after failing to report to probation.
MENTIONED IN THIS ARTICLE
Howard C. Davison
99Th District Court
Joe Bustos
32Nd St
Linda Sue Doshier
Tyler
Davison
Citizens National Bank
Dallas Senator to File Suits Over Redistricting Bills
Dallas Senator Oscar Maury says two redistricting bills passed this session will be challenged as unconstitutional. He plans a third suit against a redistricting bill not passed in time, arguing it violates county lines and constitutes improper gerrymandering. He cites Supreme Court rulings on multimember districts and aims to prove discrimination under Texas and U S law.
MENTIONED IN THIS ARTICLE
Dallas
UPI
Oscar,Maury
Maury
Texas
House of Representatives
Senate
U.S
Mauzy
Houston
Supreme Court
Hinds County
Miss
Indiana
Also Mentioned on This Page
Will Wilson
Wilson
US. J Attorney General's Office
Singleton
Gov
Preston Smith
Lucille A. Hollacher
Ingram
Gov. Smith
White House
Martha
Airport Board
New Mexico
NY Times
Ngo Dinh Diem
New York
Bronx Zoo
India
Gotham
Avenue P
Frost National Bank of
San Antonio
U.S. Asst. Atty
Wade Choate
Jack Watkins
Santiago
Chile
FBI
Topieces
Jose Toha
Herilberto Salazar