Nobel Prize in Economics Awarded to Kuznets at 70
Stockholm AP reports Harvard economist Dr Simon Kuznets won the 1971 Nobel Prize in Economics for empirically grounded interpretation of economic growth. The 70 year old native of Kharkov, Russia, earns $88,000 and is praised for quantitative analysis of national income changes and long term development.
MENTIONED IN THIS ARTICLE
Stockholm
Simon Kuznets
Harvard University
Swedish
Royal Academy of Sciences
Kharkov
Russia
Kuznets
Earl Sutherland
Vanderbilt University
Swedish Academy
Court Bars Homosexual Marriages in Minnesota
Minnesota Supreme Court today rejected a bid by Richard Baker and James McConnell for a same sex marriage license. The court ruled marriage is a male female institution, old as Genesis, and upheld that ban does not violate equal protection.
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St, Paul, Minn
Minnesota Supreme Court
Richard John Baker
James Michael McConnell
Mankato
Minn
Supreme Court
Hennepin
Savings Seen In No Fault Car Insurance
An Annapolis report notes Melvin L. Stark of the American Insurance Association tells a Legislative Council committee that Maryland could cut auto insurance rates up to 45 percent under a no fault plan. He argues liability rates could drop 25 percent with a law mandating no fault liability and personal injury coverage, reimbursing claimants from their own insurer and banning lawsuits. The plan excludes pain and suffering, shifts costs away from trials, and envisions unlimited rehabilitation for severe injuries with up to $750 monthly wage loss coverage.
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Annapolis
American Insurance Association
Maryland
Melvin L. Stark
Legislative Council
AIA
Stark
Special Committee On
Solons Urge Pakistan Aid Out and Israel Boost
The Senate Foreign Relations Committee voted to end all aid to Pakistan and earmark funds for Israel while cutting military assistance by 20 percent. The panel, near completion of Nixon's $3.5 billion foreign aid plan, postponed final action until next week. It also reduced total military aid to other nations from $705 million to $565 million after failed efforts to shrink the program further.
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Washington
Senate Foreign Relations Committee
Pakistan
Israel
Dent Nixon
Queen City hotel in Cumberland may be spared
A decade‑old Queen City station hotel in Cumberland may avoid demolition for five days after Lt. Gov. Blair Lee I urged a federal appeals judge to delay ruling on the structure. Cumberland officials weigh next steps as a $33,000 board offer and a $225,000 price tag for the property stir debate. The dispute centers on whether the building will join a future park or be sold to private interests.
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Baltimore
Queen City Station
Cumberland
Blair Lee I. Lee
Simon E. Sobeloff
U.S. 4Th Circuit Court of Appeals
Sobeloff
Lee
Cumberland City Council
Maryland Board of Public Works
H. Russell Smouse
Chesapeake & Ohio Baltimore & Ohio Railroad
Board of Public Works
Queen City
Allegany County Commission
City of
C&o
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Harvard
Cambridge Institution
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Cumberland Rogers
Nixon
Middle East
U.S
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William P. Rogers
United States
Egypt
Rogers
Abba Eban
Anwar Sadat
Moscow
Eban
Meadowlane
Mreldart Ne
Correst
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NEW Holland Division
Sperry Rand
Ceresville Motor Co
RT. 1
Frederick
Ralph Emery
Today Sound