Testifies At Hearings Former Senator Blasts Steel Profits
Former U S Senator Fred R Harris testified at Cost of Living Council hearings on proposed price hikes by 10 steel firms averaging 4 8 for rolled steel. He warned that allowing price increases would undermine anti inflation efforts. Industry officials argued the rises are minimal and necessary to sustain capacity.
MENTIONED IN THIS ARTICLE
William B. Boyer
Republic Steel Corporation
Washington
U.S
Fred R. Harris
Cost of Living Council
Harris
Oklahoma
Willis B. Boyer
Republic Steel Corp
Robert E. Lauterbach
Wheeling-Pittsburgh Steel Corp
Lauterbach
Steel
Fred Harris
The
New Populist Action
Indicted: Thirteen Texas Steel Companies in Trade Conspiracy
A federal grand jury indicted thirteen Texas steel firms and several individuals for conspiring to restrain trade in reinforcing steel in the Houston and Dallas Fort Worth regions. The scheme allegedly set market shares and price quotas from 1969 through 1972, affecting about 175000 tons of steel valued around 30 million dollars. Additional companies and individuals faced separate charges in Dallas.
MENTIONED IN THIS ARTICLE
Houston, Tex
Texas
Houston
Dallas-Fort Worth
Justice Department
Dallas
Fort Worth
Austin Steel Co., Inc
Royal Alexander
Confederate Steel Corp
Peden Industries, Inc
Reno
Nev
Lewis Tubb
Whitlow Steel Co., Inc
Ivan B. Nevill Jr
Continental Steel Co
Garland
Tex
Huffhines Steel Co
Allen Huffhines
Lofland Co
Oscie H. Kirkland
Texsteel Manufacturing Co
Nash L. Kelley
Armco Steel Corp
George Hansen
Gray
Armco
Bill to Restore Peron Personal Wealth Passes
In Buenos Aires the Peronist led House of Deputies approved a bill to restore Juan D. Peron's personal wealth in Argentina. The measure, advanced amid strong opposition from the Radical Civic Union, moves to the Senate where supporters expect prompt enactment. Radicals argue the bill fails to specify Peron's wealth and that courts, not lawmakers, should determine his claims.
MENTIONED IN THIS ARTICLE
Buenos Aires
House of Deputies
Juan D. Peron
Argentina
Peron
Civic Union Bloc
Senate
Judiciary Branch
Peron Rights Dwindle as Court Battles Continue
The 77 year old Peron faces elimination of rights amid lengthy court actions over wealth seized by the 1955 military regime. His remaining estate includes a ranch near San Vicente and a Buenos Aires town house, with jewelry and arts reportedly held by City Bank of Buenos Aires. Eva Peron left no will, and forced inheritance law complicates any share for Peron and Eva’s heirs. Only three of Eva’s sisters survive.
MENTIONED IN THIS ARTICLE
Peron
San Vicente
Buenos Aires
City Bank of
Fr Acourt
Eva Peron
Eva
Argentina
Also Mentioned on This Page
Connies
MR. Mench
N. Grandview
Linde
Wheeling-Pittsburgh
Elfen Zawel
National Consumers Congress
Texas Steel Companies
Harry H. Gray
Southwest
Bethlehem Steel Corp
Bethlehem, Pa
D. W. Rupard
Border Steel Rolling Mills, Inc
el Paso
Don L. Benge
Ceco Corp
Chicago
Melvin A. Kelb
Ceco
Laclede Steel Co
St. Louis
Structural Metals, Inc
San Antonio
Marvin Rinn
U.S. Steel Corp
Pittsburgh
William H. Tankersley
Texas Steel Co
Robert H. Maddux
Austin Steel Co
Roger Montgomery
America
Miss America
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