Inflation Surge Fights Nixon Economy Amid Watergate
The Nixon administration grapples with one of the worst inflation outbreaks in U.S. history. Officials cite temporary factors, warn the boom could accelerate, and rely on selective wage-price controls plus Federal Reserve tightening to avoid a recession. Food prices drive the rise, with 9.2 percent increase over three months ending April.
MENTIONED IN THIS ARTICLE
Bill Neikirk
Washington
Watergate
Nixon
U.S
Cost of Living Council
Federal Reserve Board
Board of Central Bankers
Federal Reserve
United States
Stein
Lukens proposed GOP journalist subsidies in 1964
State Sen. Donald E. Lukens recalled an off hand remark from 1964 about the GOP funding 100 journalists annually for 10 years to build a pro party press presence. He said he does not recall using the term infiltrate and cited professionalism in politics.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Donald E. “Buz
Lukens
Republican Party
National Federation of Young Republicans
GOP
George E. Condon
The
Cleveland Plain Dealer
American Press
George McGovern
Larry O’brien
Lawrence O’brien
McGovern
Gary Hart
Condon
New London
Conn
Three Infants Found Mummified in Trunk in Iowa
In Ames Iowa three infants mummified bodies were discovered packed in a warehouse trunk. Police cordoned off the scene while investigators probe the case and seek clues about the infants' origins and the circumstances surrounding their deaths.
MENTIONED IN THIS ARTICLE
Ames
Iowa
Pig manure replaces gas in engine tests
British inventor Harold Bate claims a methane gas derived from pig manure can power a 1955 Hillman with a switch from gasoline. He asserts no odor and no engine knock, and notes human waste could work though pig manure allegedly offers stronger performance. The device weighs about a pound and costs 33 dollars including air freight.
MENTIONED IN THIS ARTICLE
Totnes
England
Harold Bate
Bate
Britain
Caldwell elected director of national credit group
John C. Caldwell of Armco Steel Corp former Cincinnati Association leader and Credit Executive of the Year was elected a director of the National Association of Credit Management at its 77th Credit Congress in Montreal. He has 20 years NACM membership and holds Miami University and GCFM credentials.
MENTIONED IN THIS ARTICLE
John C. Caldwell
Flemming Road
Credit Manager-Steel
Armco Steel Corp
National Association of Credit Management
Montreal
Caldwell
NACM
Cincinnati Association of Credit and Financial Management
National Business Credit Group
Cincinnati Association
Association
Miami University
Graduate School of Credit and Financial Management
Middletown Chamber of Commerce
Butler County Planned Parenthood Organization
Also Mentioned on This Page
Herbert Stein
Council of Economic Advisers
Oxford
Phi Delta Theta Fraternity
Miami
Connecticut
Story County
John Stark
University Hospitals
Iowa City
Iowa Bureau of Criminal Investigation
Darrell Coy
Ames Imports
Here
U.S. 30
Coy
State Highway Commission
Chicago
BCI
Craig Beck
Armco
Middletown
Central Ave
Franklin
S. Main ST
Murphy’s
Vales
Shaddock’s
Pony Key
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