Upturn predicted after record GNP drop in 1975 quarter
Brookings economist Okun said the slide is not an avalanche but a recession and that a recovery is possible later this year. GNP fell 10.4 percent in the first quarter due to a 35 billion drop in inventories while inflation eased to 8 percent. Home costs fell as rates eased and a 6 billion public works bill seeks 900000 jobs despite a Ford veto threat.
MENTIONED IN THIS ARTICLE
Arthur M. Okun
Brookings Institution
Okun
Commerce Department
James L. Pate
Pate
New York Stock Exchange
Dow Jones
Federal Home Loan Bank Board
Senate Appropriations Committee
Ford
Congress
Ford to unveil national voluntary electric utility guidelines
President Ford is expected to announce voluntary guidelines for electric utilities to justify higher rates in certain cases. Administration officials say Congress unlikely to approve mandatory rate hikes, marking a shift from Ford’s State of the Union push for mandatory increases.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
State of the Union
Ford theater hosts Truman play honoring 33rd president
Gerald Ford attends a performance of Give ’Em Hell Harry at Ford’s Theater where actor James Whitmore as Harry S Truman receives praise from the former president’s family and peers. Margaret Truman Daniel sits nearby as Ford recalls admiration for Truman and the 1949 start of his political career.
MENTIONED IN THIS ARTICLE
Margaret Truman
Daniel
Ford
Whitmore
Gerald Ford
United States
Abraham Lincoln
Harry Truman
James Whitmore
Harry
Truman
Mr. Truman
Margaret Truman Daniel
Clifton Daniel
Mrs. Truman
North Vietnamese push tightens grip on Saigon area
South Vietnam reports the North Vietnamese and Viet Cong closing in on Saigon's central coast enclave as Bien Hoa air base faces shelling. Phan Thiet and Phan Rang are bypassed. Phnom Penh under Khmer Rouge control. Cambodian leaders reportedly captured or fleeing. US aid rejection sparks Saigon bitterness.
MENTIONED IN THIS ARTICLE
Saigon
South Vietnam
Bien Hoa
Phan Thiet
Binh Thuan
Phan Rang
Cambodia
Radio
Phnom Penh
Khmer Rouge
Bangkok
Long Boret
Kompong Chhnang
Sak Suthsakhan
Utapao
Thailand
Revolutionary Politburo
Paris
Senate Armed Services Committee
Ford
Middletown Weather Forecast Shows Showers Tonight and Sunday
The Middletown area may see showers tonight and Saturday with lows in the mid-50s and highs in the upper 60s. Yesterday the high reached 70 and the overnight low 63 with .01 inch of rain recorded. The extended outlook calls for a chance of showers Sunday followed by fair skies Monday and Tuesday.
MENTIONED IN THIS ARTICLE
Middletown
Illness hits volunteers caring for Vietnamese orphans in baby lift
About 300 volunteers at Presidio facilities fell ill with diarrhea rashes and possible hepatitis as sanitary gaps at receiving centers worsened conditions for nearly 1,000 Vietnamese children airlifted to the United States. Doctors warned the outbreak may grow, with more cases likely and informed about chicken pox scams among volunteers.
MENTIONED IN THIS ARTICLE
San Francisco
United States
Fred Stark
Letterman General Hospital
Presidio
Stark
Congressman Hansen Sentenced to Prison in Campaign Violations
Rep George V Hansen of Idaho was sentenced to two months in federal prison for two misdemeanor campaign finance violations. Judge George Hart imposed a one year sentence with two months served and the rest on probation. Hansen, father of five, called himself humble and declined further comment.
MENTIONED IN THIS ARTICLE
Washington
George V. Hansen
Ridaho
U.S
George Hart
Hart
Hansen
Patriot's Day Observance Kicks Off Bicentennial in Germantown
Germantown marks the 200th anniversary of Lexington and Concord with a Patriot's Day ride led by Dave Bishop as Paul Revere. A 2 p.m. parade departs Germantown Middle School for a civic program at the municipal building featuring a fife and drum unit, the Simon Kenton Long Rifles, and a Valley View High School band.
MENTIONED IN THIS ARTICLE
Dan Ritchie
Germantown
Paul Revere
Lexington and Concord
Germantown Middle School
Comstock
Middletown
Pennsylvania Regiment
Valley View High School
Three Lanterns Mark Bicentennial Ride Observance in Boston
Old North Church plans a national Bicentennial display inviting churches homes and businesses to show three lanterns after sunset to honor Paul Revere's ride. Events include bells whistles a Liberty Pole raising a rehearsal by the 4th Pennsylvania Regiment in Revolutionary War attire and a first day cover print by Germantown Historical Society.
MENTIONED IN THIS ARTICLE
Old North
Boston
Paul Revere
Lexington
Revere
Jack Kieser
North Bridge
Germantown
Also Mentioned on This Page
Harry S. Truman
Margaret
Margaret. Ford
Mrs. Ford
Ann Landers
Marilyn Dickson
University of San Francisco
Main Street
Gunckle Street
Gunckle
Plum Street
Plum
Warren Street
Warren
Municipal Building
America
Kieser
B.L. Berks
Ben Franklin
Ross Winning
National Commission
Thomas Kindness
Heritage In Harmony
4Th Pennsylvania Regiment