US China trade showpiece fades into quiet stagnation
Washington officials say no direct U.S. trade with the mainland since Nixon's June policy shift. Indirect imports totaling about 4 million dollars entered via Hong Kong and other intermediaries, mainly food textiles and apparel. No U.S. exports to China. limited overseas shipments by American firms. Senior officials cite political ambiguity over Taiwan and restricted exchanges as the cause.
MENTIONED IN THIS ARTICLE
Washington
State and Commerce Departments
United States
Nixon
U.S
Hong Kong
Singapore
China
Pakistan
Taiwan
State Department
Wage boost of 30 percent really a cut, study says
New York AP report notes that higher taxes and inflation have eroded real pay. Five sample incomes show a 30 percent rise from 1966 to 1972 yielded buying power losses after taxes and inflation. Dr. Elsie Waters of the Tax Foundation links the decline to rising state and Social Security taxes and escalating inflation.
MENTIONED IN THIS ARTICLE
New York
Tax Foundation
Elsie Waters
Foundation
Waters
Officers Sued For 125000 In Civil Rights Case
David Porter Jr., a black inmate serving five years in Moberly for stolen money orders, sues four Phelps County officials and Rolla Police Chief Albert Light in U S District Court in St Louis seeking 125000 damages. Porter alleges cruel and inhumane punishment discriminatory practices illegal incarceration mental duress denial of an open trial and improper defense counsel appointment.
MENTIONED IN THIS ARTICLE
Rolla, Mo
U.S. District Court
St. Louis
Phelps County
Rolla
Albert Light
Light
Zane White
Llyn Bradford
Oliver Lambiel
David Porter Jr
Moberly
Ing Center For
Porter
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