Value-Added Tax Seen as 1971 Revenue Plan
The Nixon administration is anticipated to revive a value-added tax proposal in 1971 as a potential new revenue source. Treasury Secretary Kennedy and other officials signal possible additional taxes if a budget deficit grows, amid forecasts of a modest deficit and a lagging economy. The VAT would apply at each production stage, embedding the levy in final consumer prices, a method used in several Western European nations.
MENTIONED IN THIS ARTICLE
Washington
Sec
the Treasury
David M. Kennedy
Nixon
Senate votes to repeal Tonkin Gulf resolution
The Senate approved by 81 to 10 a repeal of the 1964 Tonkin Gulf resolution. The move, amid a seventh week of Cambodia debate, shifts focus to curbing U.S. actions in Indochina and tempers arguments over Nixon administration policy and military aid.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Senate
Gulf of Tonkin
Cambodia
Nixon
Tonkin Gulf
Johnson
Vietnam
Robert J. Dole
R-Kan
Dale
Dole
Sen
George 8. McGovern
Ds.d
Nixon Backere
All
Indochina
McGovern
Lubbock urban renewal plan seeks funds for 36-block site
A 36 block urban renewal project near downtown Lubbock seeks 272 427 to plan redevelopment and 8 656 337 in project funds with most for property purchase and relocation for displaced residents and businesses in the area bounded by 1st to 10th streets and Avenue K to Avenue Q. The plan requires one third local matching funds and calls for a memorial civic center as the public facility. The Citizens Advisory Committee will meet to review capital needs and plan a bond election to finance phase one and related city needs.
MENTIONED IN THIS ARTICLE
Lubbock
Cty Council
Washington
Domade
Dth
10Th Streets
Avenue K
Avenue Q
Gart‘ung
Citizens Advisory Committee
Roy Bass
Bass
Orville Alderson
Beaty
Guadalupe
Page
Lubbock rises in state census and factory cleanupNear completion
Lubbock overtakes Amarillo to become the eighth largest city in the state in the official census. Meanwhile Nancoock Manufacturing cleanup nears completion though production dates remain hazy after a tornado.
MENTIONED IN THIS ARTICLE
Nancock
Lubbock
Amarillo
Prayer Note Asks for Friendship Insight
A reader sends a closing prayer asking God to deny fault finding and help reveal the true meaning of friendship in Jesus Christ. The message ends with Amen.
MENTIONED IN THIS ARTICLE
Jesus
IRS Employee Charged In Tax Fraud Scheme
The IRS disclosed that some employees exploited computer processing to steal credits and divert a $1500 refund to a relative. Vernon Acree said an embezzler faced federal prosecution as the service launched a computer based probe to curb electronic embezzlement.
MENTIONED IN THIS ARTICLE
United Press Internationals
Washington
Internal Revenue Service
IRS
Vernon D. Acree
Acree
Quick Start Likely Avenue Q Project Gets Austin Okay
The Austin approval clears the way for widening Avenue Q and 22nd Street to Clovis Road. Construction could start in about a month after Kerr Construction Co. of Lubbock bid $679,692. District engineer Oscar L. Crain cited the bid tabulation as the basis for the schedule.
MENTIONED IN THIS ARTICLE
Avenue Q
22Nd Street
Clovis Road
Oscar L. Crain
Texas Highway Department
Austin
Kerr Construction Co
Lubbock
Kerr
Pot seizure and street widening plans emerge in Lubbock raid
Detectives uprooted about 23 marijuana plants in a South Lubbock home raid and seized marijuana seeds a bag of cured marijuana and drug paraphernalia. A 22 year old man was taken into custody. The article also details Avenue Q widening plans and bids for Loop 289 and Farm Road surfacing projects in the Lubbock area.
MENTIONED IN THIS ARTICLE
South Lubbock
Carey Stafford
Theman
Agnew blasts Indochina delay hampers funding efforts
Vice President Spiro Agnew told a Denver fundraiser that extended Indochina debate leaves Congress short of funds for government operations. He criticized Senate delays on the Cooper Church amendment and warned opponents backing Cambodia intervention seek to hobble the President. Demonstrators gathered outside the hall amid the event.
MENTIONED IN THIS ARTICLE
Associated Presa
Denver
Spiro T. Agnew
Indochina
Congress
Nixon
Agnew
United States Senate
State
Senate
Cooper + Church
U.S
Cambodia
Cooper - Church
Missing Baby Found Dead After Texas Tornado
Severe weather lashed Texas as a tornado ripped through the Golden Acres Trailer Park near Bishop, killing a two to three week old infant and injuring nine others. Kingsville received over 3 inches of rain in six hours while Corpus Christi airport recorded about 5 inches. warnings extended across the Lower Rio Grande Valley at dusk.
MENTIONED IN THIS ARTICLE
Avalanche-Journal News Services
Texas
South Texas
Golden Acres
Bishop
Corpus Christi
Ates
Kingsville
Corpus ‘Christi
Rio Grande Valley
South Plains
Texas Storm Toll as Infant Dies in Kingsville Tornado
A Texas tornado ripped through Golden Acres Trailer Park east of Bishop causing one infant death and nine hospitalizations. Sixteen trailers and several cars were wrecked as floodwater reached 3 to 4 feet in the affected area. Heavy rain and howling winds followed, with observers reporting the hardest rainfall some veterans had seen.
MENTIONED IN THIS ARTICLE
Kingsville
Tve
Bell Helicopter Hangar Fire After 500th Aircraft Delivery
Fire sweeps the Bell Helicopter overhaul center near Amarillo hours after the 500th Army aircraft delivery. One man, Lester Bratcher, 22, injured and hospitalized with smoke inhalation. Origin under investigation amid reports of an electrical short. About 100 firemen fought the blaze. heavy damage to the hangar, with Cobra cabins and four completed Cobra aircraft saved.
MENTIONED IN THIS ARTICLE
Avalanche Journal
Amarillo
Bell Helicopter
Here
Bell
Lester Bratcher
Northwest
Texas
Jack Tarpley
J. Clyde Gibbins
Stop Gap Money Measure Okayed
Washington AP Congress approved a stop gap financing plan to fund the government until July 31. The measure clears the Senate after House action and heads to President Nixon. The House has passed 12 of 14 regular bills, while the Senate has passed none. Agencies may spend at current year levels or at the lower House 1971 level.
MENTIONED IN THIS ARTICLE
Washington
Congress
Senate
House
Nixon
Pesticide Hearing Sparks Texas New Mexico clash
Texas officials seek to block New Mexico ranchers from using the pesticide Toxaphone citing water contamination risks to Amarillo Lubbock Pampa and Borger. Judge may hear testimony from Victor Lambou and Reuben Pankey as a restraining order governs usage pending court ruling.
MENTIONED IN THIS ARTICLE
Press International
Albuquerque
Texas
Curtis
Joe Teller
Texas Water Quality Board
West Texas
Amarillo
Lubbock
Pampa
Borger
Reuben Pankey
The
New Mexico Cattle Growers Association
Pankey
Chances of
Texaphene
Weather map page notes warm nights and hot afternoons
The Lubbock area forecast calls for warm nights and hot afternoons with variable high readings. Today high near upper 90s, tonight low around upper 60s, and Friday near 100 degrees.
MENTIONED IN THIS ARTICLE
Lubbock
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Council
South Dakota
Robert P. Griffin
Michigan
Gordon Allatt
Colorado
Republiican Policy Committee
Vaughn Hendrie
Avalanche-Journal
Raee Aly Lee
Lubbock, Area
LTV Electrosystema
Bush
Bentsen
Dubeck
Sec. C
Young Marine
OIL News
Avalanche-Journal Station
Marsha Howard
Coronado High School
Jones Stadium
Phillip Burnside
11Th St
Page 1
Joe Don Buckner
University Avenue
Henry L. Stafford
Austin Bridge Company
Dallas
Quaker Avenue
Indiana Avenue
Andrews
Border Road Construction Co
Monahang
Solons
Middle East
Iran
Israel
Weather Bureau
Nueces
Live Oak
San Patricio
Refugio
Jim Wells
Panhandle
Seagraves
Dickens
Snyder
Blaze Mars Bell Center
New Mexico
Canadian River
Lake
Meredith
Sante Alegustaye Armarillo