Shultz Sets Shift on World Monetary Reform Amid Price Moves
U S Secretary of State George Shultz signals that major nations favor a flexible system with automatic currency valuation triggers. He warns no final formula yet but progress is being made before July 1 1978 deadline as world talks continue. Gasoline prices rise sharply while beef prices show some relief for consumers amid ongoing inflation pressures.
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Kissinger Warns Against Pressing USSR On Jews
Secretary of State Kissinger warns pressuring Moscow on Jewish emigration could jeopardize improving U S Soviet relations. He notes a point beyond which pressure is ineffective and cites House committee moves to deny MFN status without relaxed emigration, while urging caution in expectations from the USSR.
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Ussr
United Nations
Henry A Kissinger
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Navy Secretary Drops Charges Against POWs
Navy Secretary decides not to court-martial two POWs Marine Lt Col Edson Wainright Miller and Capt Walter E Wilber for mutiny and related charges Instead he will publicly censure them for actions during their years in North Vietnamese prison camps The move follows Warner’s interviews with witnesses and the involvement of high profile defense attorneys Melvin Belli and Ramsey Clark Detailing ongoing mutiny charges against seven of the 34 returned POWs the report notes Laird had policy against prosecuting POWs of the war.
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Warner
Pentagon
James B. Stockdale
Edison Wainright Miller
Tustin
Calif
Navy
Walter E. Wilber
Columbia Crossroads
Stockdale
Miller
Wilber
America
Melvin Belli
Atty
Ramsey Clark
Defense
Melvin R. Laird
UAW Ford Council to Meet on Contract Talks
UAW Ford Council, comprising 185 members, will convene next Thursday to review progress in contract negotiations with Ford Motor Co. Vice President Ken Bannon, who leads the Ford bargaining team, says no proposal is expected at that meeting. Boyle remains in critical condition after developing a rapid irregular heart rate at Goose Newey University hospital.
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UAW
Ford
Detroit
United Auto Workers
Uion
Ford Council
Ken Bannon
Boyle
Washington
W. A
Tony” Boyle
Goose Newey Univer
Cambodians Launch Drive Against Rebels
Cambodian forces announce a campaign against an estimated 400 insurgents crossing Highway 38 toward Phnom Penh on the southwestern approach. The operation follows reports of rebel incursions and seeks to halt further advances near the capital.
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Phnom Penh
Emment Command
Highway 38
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