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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jun 18, 1970
Page
10
Washington observers report Nixon downplays inflation alert while announcing a 24 member panel to oversee the plan. Republicans endorse, Democrats call the speech vague and insufficient, urging real actions on rates, prices, and jobs.
Administration economists view the speech as a brighter sign amid inflation concerns. President Nixon orders a periodic inflation alert from the Council of Economic Advisers to spotlight wage and price increases while avoiding direct jawboning. Officials stress the plan targets broad productivity issues, not specific commodities, and downplay direct pressure on firms or unions.
William Verity of Armco Steel Corp mails to President Nixon praising his economic program. He calls it a sound, patriotic approach to curb inflation and push stable wages and prices. Verity pledges Armco will help boost productivity and support a peaceful transition to a stable peacetime economy.
Kentucky Governor Lome B Nunn will officially open the demolition of the C O Bridge connecting Cincinnati and Covington in a brief ceremony The event on the Kentucky side will be attended by a Cincinnati official and Covington official, marking the span demolition on the Ohio River.
Police said witnesses reported Charles Ferguson 17 of Williford swam about 400 feet from shore in rough water off Timberlake near 400 feet. He disappeared underwater and did not resurface while with a group near the lake.
Vice President Spiro Agnew praised young people for working within the political system and urged that 18-year-olds be allowed to vote. He warned change will come slowly and said extending the voting age could make youths more productive.
Albert McIntosh 32 of Beatyville Kentucky was captured Wednesday in Lakewood at his wife Shirley’s home after escaping from Morrow County Jail Friday. The other escapee Robert Baker 32 of Bucyrus was caught by Cleveland police at a tavern Saturday night.
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