Price Commission blocks 1973 auto price hikes for Ford and GM
The Price Commission denied Ford and General Motors requests for 1973 model price increases citing potential exceeding of profit margins. Ford sought 59 dollars or 1.79 percent and GM 54 dollars or 1.53 percent for safety and emission costs. Chrysler and American Motors await hearings next month.
MENTIONED IN THIS ARTICLE
Washington
The
Price Commission
Ford
General Motors
C. Jackson Grayson Jr
Chrysler Corp
American Motors
Grayson
Commission
Chrysler
Two North Viet Torpedo Boats Sunk In Haiphong Raid
Saigon AP reported two American Navy ships with a Navy plane sunk two North Vietnamese torpedo boats off Haiphong Sunday night during a coastal raid by cruisers Newport News and Providence and destroyers Rowan and Robison. The action shelled fuel depots, a barracks, and coastal defenses while a Corsair finished off one boat. The raid marked a second such operation and followed May 9 mines in North Vietnam harbors.
MENTIONED IN THIS ARTICLE
Saigon
Haiphong
U.S
Newport News
Providence
Rowan
Robison
Adm
J. L. Holloway III
7Th Fleet
Navy
North Vietnam
Ar Force
Air Force
Thai Nguyen
Hanoi
South Vietnam
Draft inductions May Be Ended By December
Washington reports that the Pentagon aims to stop draft inductions by December to align with Nixon's pledge to end conscription and move to an all volunteer armed forces. Melvin Laird notes significant declines due to smaller active forces and higher volunteer enlistment, with bonuses proposed to attract specialists and doctors.
MENTIONED IN THIS ARTICLE
Washington
Pentagon
Nixon
Melvin Laird
California
White House
San Clemente
Laird
U.S
National Guard and Reserve
McGovern Proposes Welfare Reform Aims Target Taxes
Democratic candidate George McGovern unveils a second welfare and tax reform plan proposing an annual $4,000 guaranteed income for a family of four, expanded Social Security, and one million public service jobs. He calls for closing investment loopholes, taxing capital gains like ordinary income, cutting military spending, and a top tax rate potentially dropping to 48 percent.
MENTIONED IN THIS ARTICLE
New York
George McGovern
South Dakota
New York Society of Security Analysts
Wall Street
McGovern
Weather outlook says no rain for area through Wednesday
Odessa forecast removes rain probability for eight days. Partly cloudy and warm with southeast winds from the Gulf, a high pressure system moving south into Texas by Saturday, and potential wet Labor Day weekend. Highs near 87, Lows in 60s, some Panhandle showers, temps upper 70s to 101 in other cities.
MENTIONED IN THIS ARTICLE
Odessa
Gulf of Mexico
Permain
Old Mexico
Texas
Texas Panhandle
Corpus Christi
Galveston
Amarillo
Waco
Dalhart
Busing Plan Gets Go Ahead In Cincinnati
The 6th U.S. Circuit Court of Appeals ordered implementation of a desegregation busing plan affecting nearly 14,000 Memphis students. In a 2-1 ruling the court affirmed the full busing order issued by Judge Robert M. McRae. The plan takes effect with the fall term beginning this week.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
U.S Circuit Court of Appeals
Memphis
Robert M. McRae
U.S. District Court
Puerto Rico independence bid gains U N support in abroad
U N committee endorses Puerto Rico’s right to independence signaling a first major victory for separatists seeking foreign backing. Two parties, the Puerto Rican Independence Party and the Marxist Puerto Rican Socialist Party, align with Cuba and Chile to press their case while local opinion remains largely in favor of continued status or autonomy.
MENTIONED IN THIS ARTICLE
San Juan
U.N
Puerto Rico
Puerto Rican Independence Party
Puerto Rican Socialist Party
Cuba
United States
Chile
Independentistas
el Pais
Island
Fidel Castro
Independence Party
Ruben Berrios
The Quipster Time To Stop Tracing The Family Tree
A wry quip notes that tracing lineage ends only when the family itself lived within the broader family saga, tongue firmly in cheek about genealogical searching.
Also Mentioned on This Page
American Bakers Association
Calif
Vietnam
Army
Marine Corps
Secretary of Defense
Roger Kelley
Kelley
Kakuei Tanaka
Hawaii
Marris
Frank W. Sharp
Sharp
Michael A. 5
Makris
Abby
Jacoby
National Weather Service
Terminal
City Abitene
Amarillon A
Chicago
Denver
el Paso
Fort Worth
Marta
Oklahoma City
San Antonio
St Louis
Luis A. Ferre
San Juan Star
AP News
Quipster
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