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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 05, 1971
Page
2
President Nixon’s $15.4 billion three year tax cut faces House action with a solid majority expected despite AFL CIO opposition. Meany blasts the plan while noting changes favor individuals and limit business relief.
Thelma Frias, consul general of the Dominican Republic, was abducted near her Caracas home by a group that left a ransom note reading Rudas Mezones Technical Combat Unit. The group demanded one million dollars. Local authorities are investigating and coordinating with Venezuelan security forces.
Patrick Gorman of the Amalgamated Meat Cutters denounced Nixon's wage-price freeze as a Robin Hood in reverse claiming it deprives workers and pads meat industry profits. I W Abel of the United Steel Workers criticized the policy as favoring big business over people while noting NLRB appointments. A Taft-Hartley inquiry board was ordered as a step toward possible injunction. Housing forecasts from a Federal Home Loan Bank Board conference expect 1972 construction to rise to 43.5 billion and a cost-of-living ruling requires price lists at stores.
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