Legislature Restores 18 Percent Credit Interest Clause
The Consumer Credit Protection Bill allows merchants next year to resume charging 18 percent on credit up to 500 dollars. Opponents filibustered eight hours delaying adjournment into Saturday. The measure passed 58 to 25 and seeks guidance for class action reimbursements. the Supreme Court will rule next month on the class action issue. Existing law lets patrons recover principal plus extra interest. the bill caps reimbursement to interest sums.
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Assembly
Supreme Court
Westmoreland urges Guard boost amid force reductions
Gen William Westmoreland told the 22nd National Guard convention that smaller active forces require greater reliance on the National Guard and reserve units, with enlistment bonuses and other incentives to aid recruiting while stressing discipline and professionalism.
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Wausau
William Westmoreland
Army Chief of Staff
National Guard
Westmoreland
Age National Guard Association
Guard
Pentagon
Nelson to Meet Navy Chief on Sanguine Radio Project
Senator Gaylord Nelson says he will meet Adm. Elmo Zumwalt to press environmental concerns over Project Sanguine. The Navy tops $50 million in research and seeks more funds while debates over underground antenna in Wisconsin or Texas continue amid warnings from scientists.
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Washington
Gaylord Nelson
D-Wis
Chief of Naval Operations
Nelson
Navy
Wisconsin
Texas
Adm
Elmo R. Zumwalt Jr
Congress
Apollo 16 Aims for Earth After Moon Rocks Hoard
Apollo 16 crews launch from lunar orbit to begin a 66 hour ride home aboard Casper after collecting 245 pounds of rocks and soil. Geologists say the samples hold volcanic evidence from Descartes plateau and Stone Mountain, shedding light on the moon’s four billion year history.
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Houston
Lunar
Mission Control
John W. Young
Charles M
Duke Jr
Thomas K. Mattingly
Casper
Earth
Pacific Ocean
Young
Duke
Orion
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Descartes Plateau
Stone Mountain
Cayley Plains
Charles M. Duke
Moon
Multiple AP briefs span Belfast Paris Bonn Tokyo items
In Belfast four people were wounded in sniping at security forces and a masked gang abducted a shopkeeper, shooting him in the leg after bombing his store. In Paris voters welcomed Britain into the Common Market but low turnout could threaten Gaullist margins. In Bonn conservatives warned Brandt faces domestic pressure despite potential treaty support. In Tokyo US Senate leaders Mansfield and Scott and spouses left Beijing to tour Shanghai and other Chinese sites.
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Belfast
Northern Ireland
Paris
Britain
National Assembly
Tokyo
Uss
Senate
Mike Mansfield
Hugh Scott
Peking
Shanghi
China
Mansfield
Montana
Scott
Pennsylvania
Reapportionment redraws local Senate and Assembly districts
Area districts shift under new reapportionment maps. Sen Gordon Roseleip will represent Richland Grant Iowa Lafayette Green and several townships in Rock County while Footville moves to the 16th and Assemblyman Joseph Tregoning’s district changes include parts of Lafayette Green and Rock counties with Footville in the 47th. Details await final revisions.
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Gordon Roseleip
Richland
Grant
Iowa
Lafayette
Green
Magnolia
Spring Valley
Plymouth
Avon
Newark
Rock County
Footville
Green County
York
Adams
New Glarus
Price Rollbacks Ordered by Price Commission to Cut Inflation
The Price Commission will order hundreds of millions of dollars in price rollbacks and customer refunds in the coming weeks. Chairman C Jackson Grayson Jr says the move uses profit-margin limits as a second inflation defense and aims to restore prices to base-period levels for major companies. Donald Rumsfeld notes auto makers should not expect large price increases, citing steel price controls as a inflation combat measure.
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West Bend
South Vietnam
Glenn Davis
Defense
House Appropriations Committee
Adm
Thomas Moorer
Joint Chiefs of Staff
Wisconsin
Davis
New York
The
Price Commission
C. Jackson Grayson Jr
Commission
Grayson
Associated Press
the Price Commission
Donald Rumsfeld
Cost of Living Council
Economic Club of Detroit
Rumsfeld
North Vietnamese tanks breach highland defenses in Kontum push
North Vietnamese tanks led a breakthrough along Highway 14 severing defenses at Tan Canh and Dak To and driving South Vietnamese units back toward Vo Dinh. New air battles erupted in Tonkin and Siam. US bombers faced surface to air missiles and a US helicopter was shot down near Dak To with four crew killed.
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Saigon
Central Highlands
North Vietnam
Gulf of Tonkin
Gulf of Siam
Demilitarized Zone
Quang Tri
Highlands
Tan Canh
Dak
Kontum City
22Nd Infantry Division
Dak To
Vo Dinh
Kontum
U.S
United States
Hanoi
Thanh Hoa
da Nang
South Vietnam
Highway 14
Pleiku
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