France Devalues the Franc in 12 Percent Move
Paris reports France devalues the franc by 12 percent to bolster a deteriorating economy. Finance Minister Giscard d Estaing cites massive gold reserve losses and warns that without action France would face near zero reserves. the move shifts currency values and could trigger spillover effects on other European currencies.
MENTIONED IN THIS ARTICLE
Ap-Reuters Paris
France
Valery Giscard d’Estaing
Giscard d’Estaing
Georges Pompidou
U.S
Canada
London
Bonn
Calgary banks swindled in Calgary fraud case
Calgary police report 37 city banks were defrauded of 13716 dollars last week by a man using the name Pete Ruben who opened accounts on July 29 and 30 and cashed two forged cheques after deposits. The cheques, stolen from City Electric of Lethbridge and Bird Construction in Edmonton, were altered with a typewriter and protectograph. The suspect, described as 50s to 60s, six feet tall with grey receding hair and missing bottom teeth, wore striped overalls and claimed to be an electrician newly arrived in Calgary.
MENTIONED IN THIS ARTICLE
Calgary
Frank van Gastel
Pete Ruben
City Electric of Lethbridge Ltd
Bird Construction Company
Edmonton
Sgt. van Gastel
Experts hail French franc devaluation. impact unclear
London reports that British and West German financial experts welcomed the franc’s devaluation but expect effects to emerge next month. IMF meeting in Washington and West German elections will shape views on currency realignment. Some warn the move may not relieve pressure on the mark, while others see limited immediate impact on currencies. Karl Schiller welcomes the move but says it must trigger wider reactions.
MENTIONED IN THIS ARTICLE
France
Giscard d’Estaing
Pompidou
Charles de Gaulle
West Germany
London
International Monetary Fund
Washington
Bonn
Frankfurt
Eccnomics
Karl Schiller
IMF
Schiller
Prime Minister Trudeau heckled at Liberal dinner in Ottawa
About 300 demonstrators outside the Seaforth Armory pelted Prime Minister Trudeau with paper and banana peels as he spoke against totalitarianism at a $50-a-plate Liberal fundraiser. Police contained the crowd after a window was broken and placards burned. Inside, Trudeau defended free speech while condemning violence and urging civilized discourse.
MENTIONED IN THIS ARTICLE
Seaforth Armory
Trudeau
Hilda Thomas
Miss Thomas
Mr. Trudeau
Soviet captains fined for illegal fishing near Canada
Two Soviet trawlers the Titov and Kouzachin were seized near Vancouver Island after their captains Edward Morozov and Boris Bolenko were fined 2500 each for fishing within Canada's 12 mile limit. They pleaded not guilty and sailed for the Soviet Union, while the Howay escorted the ships to Victoria.
MENTIONED IN THIS ARTICLE
Soviet Union
Vancouver Island
Victoria
Howay
Chesley Power
ACT
Canada
Bolenko
Bering Strait
Oregon
Rolenko
Canadian
Bomb Raids Flush Out North Vietnamese Troops
Heavy B-52 operations along the Cambodian border north of Saigon drive out more than 100 North Vietnamese troops. U S command reports at least 33 killed and six captured amid up to 50 aircraft raids. Two Americans killed and 10 wounded near Gio Linh as fighting intensifies.
MENTIONED IN THIS ARTICLE
Saigon
U.S
Cemilitarized Zone
Mansfield says defences delays slow Vietnam pullout
Washington AP Sen Mike Mansfield and Sen Fulbright accuse the Pentagon of blocking a text of a Thailand agreement and delaying the 25000 troop withdrawal. Gore notes a recent 1000 man increase, while Stennis cites a possible extension to Sept 30. Mansfield says departments fail to carry out the president’s will.
MENTIONED IN THIS ARTICLE
Washington
Senate
Mike Mansfield
Defence Department
Vietnam
Nixon
J. William Fulbright
Senate Foreign Relations Committee
Pentagon
State Department
Thailand
Fulbright
Albert Gore
U.S
Gore
Mansfield
Department of Defence
Tragic crash during Abbotsford air show
At Abbotsford International Air Show in British Columbia a home-built mini-mustang crashed on a runway killing pilot Scott Nelskog, 20, of Edmonds Washington, moments after Prime Minister Trudeau officially opened the event. The crash occurred within view of about 40,000 spectators as Trudeau paused to assist autographs and witnessed the incident from his position.
MENTIONED IN THIS ARTICLE
Abbotsford
B.C
Fraser Valley
Trudeau
Abbotsford International
Manpower
Jean Marchand
Scott Nelskog
Edmonds
Wash
Toby Trowbridge
Mr. Nelskog
North America
OSO VI Solar Observatory Launch From Cape Kennedy
A Delta rocket carried OSO VI into orbit from Cape Kennedy, delivering a 640 pound solar observatory. The satellite should circle at about 350 miles, with seven experiments studying ultraviolet, x ray and gamma ray solar particles to improve understanding of solar flares and sunspots and their effects on Earth communications and astronaut safety.
MENTIONED IN THIS ARTICLE
Cape Kennedy, Fla
OSO VI
Solar Observatory
Cape Kennedy
Space Agency
Earth
Inquest Set for Kopechne Death on Sept 3
Edgartown Mass AP reports a court inquest will open Sept 3 into the July 18 drowning of Mary Jo Kopechne when Senator Edward M. Kennedy's car left a bridge into a tidal pool. Trudeau government moves to make pollution a criminal offense. fines and prison terms possible for mayors and executives. US Air Force informs Kelowna merchants that NATO will cover $250,000 for windows shattered by a sonic boom.
MENTIONED IN THIS ARTICLE
Edgartown
Mass
Mary Jo Kopechne
Edward M. Kennedy
Vancouver
Trudeau
Kelowna
B.C
United States Air Force
Okanagan Valley
North Atlantic Treaty Organization
Also Mentioned on This Page
Bethany Fellowship Camp
Outing
Mint
Minnesota
John Stennis
Senate Armed Services Committee
Stennis
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