Detroit land bank aims to finance low cost housing
A Detroit group, the Metropolitan Detroit Citizens Development Authority, forms an urban land bank to buy city and suburban land for low cost housing. It already purchased 765 acres, seeks more, and will fund purchases via investor notes repaid with interest when land sells. Walter Reuther backs the plan and unions and auto makers show interest.
MENTIONED IN THIS ARTICLE
Detroit
Metropolitan
Walter Reuther
United Automobile Workers
The
Land Bank
Profits in Medicare Highlight Houston Surgeons
Two renowned Houston heart surgeons Dr. Michael E. DeBakey and Dr. Denton A. Cooley each received about $200,000 in Medicare payments last year. The sums largely went to Baylor College of Medicine. No wrongdoing is suggested, but the high payments fuel calls to revise the Medicare fee schedule.
MENTIONED IN THIS ARTICLE
Houston
Michael E. DeBakey
Denton A. Cooley
Baylor College of Medicine
Investment Stoppage Threatens Capital Spending
The author argues Marxist theory aside that capitalist growth relies on ongoing investment in plant and equipment. With Nixon era policy pushing higher interest and an investment tax credit rollback, capital outlays may fall, creating a gap in the early seventies as major firms plan less spending after 1970.
MENTIONED IN THIS ARTICLE
Nixon
Armco Steel
Chrysler
Goodyear Tire and Rubber Company
International Harvester
McGraw-Hill
Congress
Federal Reserve
Labrador
Venezuela
Mecklenberg Declaration Highlighted in New Book
Mrs Kay Rossman recalls a European tour and a lunar landing watch party with the King Smiths in Stratford While 1776 is reconsidered as Mecklenburgs early declaration date The book The War in the South by Donald Barr Chidsey explores these insights and regional history
MENTIONED IN THIS ARTICLE
Waters
Kay Rossman
Franklin
Creelmans
Warwick
Stratford
King-Smiths
America
Charlotte
N.C
Britain
Mecklenburg County
South
Donald Barr Chidsey
Humphrey Seen as Logical 1972 Democratic Nominee
Washington observers say Hubert Humphrey stands as the most logical 1972 Democratic convention choice over Sen Edward M Kennedy. They argue Kennedy's troubles will not derail Humphrey's bid, with Kennedy likely pursuing future prospects.
MENTIONED IN THIS ARTICLE
Washington
Edward M. Kennedy
Hubert Humphrey
Senate
Kennedy
Massachusetts
Humphrey
Richard Nixon
Congress
Eisenhower
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Middletown
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USA
Nixon Won’t Travel Again Says Washington Insider
New York reports President Nixon plans to stay near 1609 Pennsylvania Avenue indefinitely. He prefers avoiding foreign trips unless a substantial Kremlin invitation for Geneva or Vienna arises, citing safety concerns from past incidents and a heavy domestic agenda.
MENTIONED IN THIS ARTICLE
New York
Nixon
Neil Armstrong
Kremlin
Geneva
Vienna
Latin America
Djakarta
Bucharest
President’s Asia trip mixed signals on Vietnam and Thai ties
The text recalls the rough period of President Nixon’s Asia journey amid confusion over Vietnam after noting mixed statements about Vietnam and Thai security. It emphasizes the president’s exposure to local reliance and mutual awareness with Southeast Asian publics during the visit.
MENTIONED IN THIS ARTICLE
Vietnam
Bucharest
Paris
Nikolae Ceausescu
Clyde Beatty
Czechoslovakia
Mr. Kosygin
Ceausescu
Dubeck
Nixon
Warsaw
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John Chamberlain
Karl Marx
Fidel Castro
Cuba
Dave
Charles
David Lawrence
George Wallace
Edmund Muskie
Maine
Theodore Roosevelt
William Howard Tait
Franklin D. Roosevelt
Robert F. Kennedy
Democratic Party
Middle West
East
the Journal
Bob Considine
Caracas
Pat
Rockefeller
Pennsylvania Avenue
Romania
Thieu
Dennis the Menace
Thailand
U.S