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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Feb 27, 1970
Page
1
President Nixon raises his hand to his hair and heads to the White House after escorting French President Pompidou to a waiting limousine at the end of Pompidou's three day state visit.
Lincoln National Bank president Norman Denny announced a reduction in the prime rate from 8 1 2 to 8 percent effective March 1 to spur borrowing and avert trouble, sparking a stock surge as traders anticipated broader bank actions and a recovering economy.
AP says the enemy launched 35 rocket and mortar strikes in 24 hours the largest since Feb. 3. U S and allied losses include 3 aircraft and 60 casualties with 16 Vietnamese and 29 Americans wounded and 44 North Vietnamese and Viet Cong killed. Ground fighting remained light. Long Binh and a 25th Division camp suffered damage.
AP analysis notes Governor Albert Brewer and former Gov. George C. Wallace vie for the Alabama governorship with school integration as the defining issue. May 5 Democratic primary determines the winner for the November race as Brewer pushes uniform national standards while Wallace favors local decision making.
President Nixon asks Congress to trim or abolish 57 programs from school milk subsidies to the board of tasters as part of a $2 billion cut plan to support a 1971 fiscal budget surplus. Leading indicators show inflation cooling with wholesale prices easing and a drop in January's price pressures.
Vice President Spiro Agnew called on governors to lead a national effort to remove books, misfits, and extremists from public life. He warned the threat to the United States lies in the public's embrace of bizarre figures and the televised sensationalism undermining elected leadership.
Secretary of Defense Melvin R. Laird says U S bombing in Laos protects Americans in Vietnam and interdicts the Ho Chi Minh Trail, while President Nixon frames the action as aiding the Laotian government against North Vietnamese pressure. Diplomatic sources report B 52 strikes in northern Laos.
California National Guardsmen were activated by Gov. Reagan and 300 troops moved in to reinforce local officers amid four days of campus unrest near UC Santa Barbara. A demonstrator was shot and others injured as curfews, arrests, and curfew enforcement followed.
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