Nixon Signs Emergency Home Finance Act to Boost Loans
President Nixon signed the Emergency Home Finance Act amid West Coast trip prep. It authorizes 1.2 billion for three mortgage subsidy programs aimed at mid to low income families, with subsidies tapering as incomes rise. The measure also funds underwriters, subsidizes interest via Federal Home Loan banks, and frees 2.75 billion for GNMA mortgage purchases.
MENTIONED IN THIS ARTICLE
Washington
Nixon
West Coast
House
Wright Patman
D-Tex
Patman
U.S. Savings and Loan League
Federal National Mortgage Association
Savings and Loan Associations
National Mortgage Association
John J. Sparkman
Dala
Senate
Nixon Urged to Treat Campus Unrest as National Emergency
Alexander Heard and Howard University president James E. Cheek urged President Nixon to heed campus unrest as a national emergency. Heard noted Nixon showed serious concern but could not gauge his thinking. Recommendations called for greater presidential exposure to campus voices, moral influence to reduce racial tensions, and more student aid funds.
MENTIONED IN THIS ARTICLE
United States
Heard
White House
Howard University
James E. Cheek
Cheek
Nixon
Justice Department Bars Mafia and Cosa Nostra Terms
Attorney General John N. Mitchell orders stop to using Mafia and Cosa Nostra in news releases and speeches. He says terms offend Italian Americans and that the department prosecutes individuals, not organizations, preferring organized crime or crime syndicate as substitutes. The memo cites public complaints and denies tying the decision to New York protests or FBI picking.
MENTIONED IN THIS ARTICLE
Washington
John N. Mitchell
Justice Department
Cosa Nostra
Mitchell
Department
Mafia
Mitchel
Ricco
FBI
J. Edgar Hoover
Black Panther Party
Hoover
Panthers
Strike Hits Pease Plants Handling a Union Dispute
Officials of the United Brotherhood of Carpenters & Joiners of America Local 1787 were to meet Pease Co management today to halt an unauthorized strike affecting about 125 workers. James Pease said roughly half of Ever Strait Door Division workers on Dixie Highway in Fairfield quit, along with a third of Hamilton plant staff. The quarrel centers on a quota system and other minor issues.
MENTIONED IN THIS ARTICLE
Hamilton
United Brotherhood of Carpenters & Joiners of America
Pease Co
James Pease
Dixie Highway
Fairfield
Jailbreak Accomplice Convicted in Ohio Case
Larry Dean Peyton 20 of Morrow was found guilty by a Warren County jury of aiding in the February jail escape. He received one to five years at the Ohio State Penitentiary. Peyton is already serving one to three years for breaking and entering. Sheriff Roy Wallace noted two teenage girls who aided the escape pled guilty in juvenile court. Suspect Paul Riley 21 of Cincinnati and Paul O Neil 26 of Hamilton used hacksaw blades to cut from the jail. O Neil was captured in Deland Florida. Riley remains at large.
MENTIONED IN THIS ARTICLE
Lebanon
Larry Dean Peyton
Morrow
Warren County
Ohio State Penitentiary
Common Pleas
Warren C. Young
Peyton
Lebanon Correctional Institution
Roy Wallace
Paul Riley
Cincinnati
Paul O'Neil
Hamilton
Wallace
O'Neil
Deland
Fla
Riley
Suspect Charged In Armed Robbery. Detentions Continue
Hamilton Butler County detectives arrested burglary suspect Mike Dumford 23 of Reading on armed robbery charges tied to the March 21 Gabbard's Grocery robbery on Cincinnati Dayton Road. Fourth suspect nabbed. three others questioned and held in Preble County along with two Eaton juveniles and an 18 year old Camden youth in related break ins.
MENTIONED IN THIS ARTICLE
Hamilton
Butler County
Preble County
Mike Dumford
Trilligan Court
Reading
Gabbard
Cincinnati-Dayton Road
Harold May
Dumford
Eaton Area
Camden
Eaton
Henrickas Bailey
Cotton Run Road
Property Reappraisal Under Way In County
Hamilton-Butler County Auditor Ray Tilton announced a general property reappraisal is now in progress with new figures to appear on 1972 tax books and be collectible in 1973. About 20 appraisers from Cole-Layer Trumble Co. of Dayton are gathering data. figures base on 1970 costs and current land values.
MENTIONED IN THIS ARTICLE
Hamilton
Butler County
Ray Tilton
Cole - Layer Trumble Co
Dayton
Tilton
Ohio
Rubber Exports Hit 1.3 Million Tons in Malaysia
Kuala Lumpur reports Malaysian rubber exports last year soared to a record 1.3 million tons. The milestone reflects continued demand and strong production across rubber mills and trading firms.
MENTIONED IN THIS ARTICLE
Kuala Lumpur
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