Inflation contrast: Europe faces higher prices than U S
AP finds Western Europe suffers faster inflation than the United States despite wage and price controls. Britain France Spain Italy Denmark and Finland show higher rates than America, and early 1971 Nixon controls had limited cross Atlantic impact.
MENTIONED IN THIS ARTICLE
Fred Coleman
Associated Press
London
Western
Europe
Atlantic
United States
Britain
France
Spain
Italy
Denmark
Finland
America
Nixon
Edward Heath
Valery Giscard d
Belgium
Austria
Netherlands
Norway
Maier Sees Watergate Help For Mayors In 1974 Bill Fight
Milwaukee Mayor Henry Maier says Watergate disclosures boost mayors in pressuring Nixon administration on the Better Communities Act. He notes the plan would replace HUD programs with automatic grants, sparking concerns over funding and governance as inflation targets loom globally.
MENTIONED IN THIS ARTICLE
San Francisco
Henry Maier
Milwaukee
Nixon
Milwaukee Democrat
U.S. Conference of Mayors
Congress
Maier
Mayors’ Conference
James Lynn
Lynn
Accord Near On Postal Workers Pay
Washington reports a tentative agreement may be reached for 600000 postal workers covering wage increases and benefits. union official Francis Filbey and rival Darrell Brown cautioned talks continue with several issues unresolved. current contract expires July 20. extra costs could raise postage.
MENTIONED IN THIS ARTICLE
Washington
Francis Filbey
Afl-Cio American Postal Workers Union
Darrell F. Brown
Postal Service
Filbey
Brown
New York
Seli-Private Postal Service
Postal Workers, National Association of Letter Carriers
National Rural Letter Carriers Association
Mailhandlers
The
Laborers’ International Union
James H. Rademacher
Rademacher
U.S. Post Office Department
National Guard
Elmer T. Klassen
Dollar slides then steadies in early European trading
The dollar opened at record lows in Frankfurt and Paris but rallied in London Zurich as light trading and individual transactions shaped moves. Gold dipped after early strength, closing Zurich at 123.50, London 122.75, still below its 130 peak. Pound fluctuated, closing 2.5810 per dollar. Tokyo near unchanged at 264.825 yen. Major analysts see a prolonged world monetary reshaping ahead.
MENTIONED IN THIS ARTICLE
Britain
London
U.S
Frankfurt
Paris
Zurich
Tokyo
Bank For International Settlements
Basel
Switzerland
Washington
Price Rollbacks Part Of Phase 4
Washington AP The Cost of Living Council broadened the required financial reporting to 3100 firms from 800, covering companies with annual sales between 50 and 250 million. Reports through June 30 may prompt price rollbacks as Phase 4 of wage price controls looms, with audits by IRS for price hikes above 1.5 percent.
MENTIONED IN THIS ARTICLE
Washington
Cost of Living Council
IRS
Council
John T. Dunlop
Nixon
Internal Revenue Service
Dunlop
CBS Show To Size Up Nixon Policy
CBS plans a 15 minute special tonight at 9 pm CDT to offer viewpoints opposing President Nixon's national economic address. The program marks CBS News policy ending instant analysis of presidential speeches with separate discussions by Sen Henry M. Jackson Leonard Woodcock and E Douglas Kenna.
MENTIONED IN THIS ARTICLE
New York
CRBS
Nixon
CBS News
CBS
Henry M. Jackson
Leonard Woodcock
United Autoworkers Union
E. Douglas Kenna
National Association of Manufacturers
Peronists Await Idol Reception in Buenos Aires
In Buenos Aires thousands of jubilant Peronists gather for the homecoming of exiled leader Juan Perón. Accompanied by President Campora, Perón is due to arrive from Madrid Wednesday. Organizers predict up to two million in a rally near Ezeiza Airport as the General Labor Confederation calls a 48 hour strike. Schools close for Flag Day observances.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Ivan D. Pero
Peron
Hector J. Campora
Frm
Madrid
General Labor Confederation
Trans
Also Mentioned on This Page
FDIC
Permian Bank & Trust
W. Grendview
Bobby
Windsor Castle
Order of the Garter
West Germany
AP News
B. Porta-Pata
Maytag
4Th and
Texas
Bale Griffith
Duar
Ade
Tion
Ezeiza
Perm
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