Common Market Eyes End of Dollar Dominance in World Money System
In Brussels six Common Market finance ministers push a plan to realign major currencies and substitute special drawing rights for the dollar. France resists full revaluation, while West Germany's stance remains firm. U.S. devaluation is rejected by President Nixon. The effort aims toward a denationalized monetary order with the IMF as a cornerstone.
MENTIONED IN THIS ARTICLE
Brussels
Common Market Commission
European Economic Community
London
Washington
International Monetary Fund
IMF
France
West Germany
Iuly
Treasury
Mario Ferrari-Aggradi
Commission
Nixon
United States
Group of Ten
Saigon Army Finds Huge Seizure of Guns Near DMZ
US B52 raids along the Laos border press on as Saigon forces uncover enemy bodies and three 122mm Soviet artillery guns near the DMZ. Recon patrols seize three trucks, 1500 gallons of gasoline, 200 mortar shells, 16000 feet of telephone wire and rice. One gun is in good condition and another damaged by B52 strikes near Khe Sanh.
MENTIONED IN THIS ARTICLE
Saigon
Demilitarized Zone
Laos
Dmz
South Vietnam
U.S
Aroun Khe Sanh
British Fog Crashes Leave Nine Dead on M6 Near Thelwall
Nearly 200 vehicles including cars tankers and heavy trucks collided in dense fog on the M6 near Thelwall Cheshire. Police reported nine dead and 61 hospitalized. Dozens described as walking wounded were guided to a roadside restaurant that became a first aid center. Rescue workers battled smoke from burning trucks as ambulances and fire engines roared.
MENTIONED IN THIS ARTICLE
Thelwall
England
Cheshire
Ami
Mersey River
McGovern challenges Nixon Vietnam policy in Saigon visit
In Saigon Sen George S McGovern said the Vietnamization program may not be sustainable without continued U S support. He met with Ambassador Ellsworth Bunker for 45 minutes and called the Oct 3 South Vietnamese election a one man show. He will meet President Thieu and discuss six hours of talks with Communist negotiators in Paris.
MENTIONED IN THIS ARTICLE
Saigon
George S. McGovern
U.S
Ellsworth Bunker
Bunker
South Dakota
Democrat
South Vietnam
McGovern
Nguyen van Thieu
Thieu
Paris
Business Labor Split On Post Freeze Controls
Washington AP reports a rift between business and labor over post freeze controls as Archie Davis of the U S Chamber of Commerce rejects a tripartite panel and supports continuation of wage and price restraints under the Cost of Living Council led by Secretary Connally. Meany of AFL CIO favors a three-sided tribunal and warns against unilateral government action. Davis and other industry leaders head to White House talks on Phase II controls as Nixon eyes a long term program before the November 13 freeze expiry. Farm leaders and Congress will confer with Nixon separately this week.
MENTIONED IN THIS ARTICLE
Washington
Archie K. Davis
United States Chamber of Commerce
Davis
Cost
Secretary of the Treasury
John B. Connally
Nixon
White House
George Meany
Afl-Cio
Meany
War Labor Board
Capitol Hill
U.S
ainston-Salem
Connally
Cost of Living Council
Also Mentioned on This Page
Washington County Raritan
Washington County
County Ruritan
Richard S. Reider
Keedysville
Brenda Finfrock
Leitersburg
Lee Fin- Frock
Judy Lee Morris
Joseph B. Morris
Trego
Rohrersville Raritan
Nancy Morris
Hurt
Maryland
Pm Toved
Maryland National Bank
Vernon Summers
South Market St. Frederick
Maryland National Banks
The
American Bible Society
Beltone
Herschel Gibbs
Stoffer Sanner Agencs
Stoffersanner Insurance Agency
N. Court ST
Dial
Jcpenney
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