Free Market Gold Backed by Friedman Vision
Milton Friedman argues the United States will return to a gold standard, noting two existing gold markets in London and Paris as dollars flow abroad. He sees two possible times for a gold based price system tied to crises or production slowdowns, and contends politicians resist losing power as gold trades continue despite Prohibition era parallels.
MENTIONED IN THIS ARTICLE
Milton Friedman
Libertari
United States
London
Paris
U.S
Federal Reserve
Dr. Friedman
London Exchange
Almanac for Monday June 45 1973 history highlights
On this date in 1950 Korea War began with North Korea invading the Republic of Korea. In 1988 Virginia ratified the UK Constitution. Napoleon Bonaparte gave a farewell before exile to St Helena. In 1868 six former Confederate states readmitted after the Civil War. Custer and his cavalry massacred at Little Bighorn. Belleau Wood battle in 1918. CBS aired first color broadcast in 1951. Kennedy called for cohesive Europe in 1963. Helicopter crash in South Vietnam killed 36. Northeastern governors met in Harrisburg after floods. Birthdays: Lord Louis Mountbatten 73. Sidney Lu ment 49. Thought for today: It is easy to be wise after the event.
MENTIONED IN THIS ARTICLE
North Korea
Republic of Korea
Virginia
Napoleon Bonaparte
St. Helena Island
George Custer
Little Big Horn
Montana
U.S. Maginers
Belleau Wood
France
Laird Likely To Shape Nixon White House Power
Washington observes Melvin Laird moving from Pentagon to the White House with strong GOP backing. He is seen as a dominant, gregarious figure who will press for staff unity, influence economic policy, and clash with Kissinger and others on Capitol Hill. Critics note his conservative yet potentially liberal domestic tilt.
MENTIONED IN THIS ARTICLE
Washington
Melvin Laird
Pentagon
Laird
White House
Nixon
Pennsylvania Ave
William Baroody
Congress
Fred Buzhardt
Defense
Kissinger
Haldeman
Ehrlichman
Defense Department
Capitol
John Connally
Treasury
George Shultz
Senate
House
Watch on Washington warms of upcoming gas shortage
A Federal Power Commission forecast warns of widespread natural gas curtailments this Winter, hitting Midwest, Northeast and Appalachian regions hardest. Homes, schools and hospitals will get top priority. industrial deliveries also cut. Some unheated schools and factories closed last Winter, and curtailments are expected to spread.
MENTIONED IN THIS ARTICLE
Washington
Federal Power Commission
Midwest
Appalachian
FPC
Price controls fail to curb inflation says editor
The piece argues against a 60-day price freeze by President Nixon, contending controls misdirect production and raise costs. It credits Gov. Ray of Iowa warning of a meat crisis and notes wage, energy, and minimum wage policies fuel inflation. It calls for reduced government spending and freer markets to restore affordability.
MENTIONED IN THIS ARTICLE
Nixon
Congress
Robert Ray
Iowa
Middle East
Liberal Coalition
Henry Hazlitt
Parker Named President Of Odessa Creative Writers
Looking back ten years ago on June 25 1963 Mrs Anel notes Parker was chosen as the new president of the Creative Writers of Odessa reflecting a leadership change in the local literary group.
MENTIONED IN THIS ARTICLE
Anel] Parker
The
Creative Writers of
Odessa
Water Board Considers Free Water for Southside Park
Twenty years ago on June 25 1953 Dusty Rhoads chaired a water board committee studying the possibility of free water use for the Southside Carter G. Wondson Park. The panel explored policy options and implications for city residents and park services.
MENTIONED IN THIS ARTICLE
I L Dusty Rhoads
A Water Board
Carter G. Wondson Park
Odessa Night kicks off 1943 summer program crowd
The Ector County Recreation Association launched its Summer program with 585 Ector County children enrolled and held the first Odessa Night featuring a jitterbug contest.
MENTIONED IN THIS ARTICLE
Ector County Recreation Association
Ector County
Odessa
Crossword Puzzle Clue Set for Family and Regions
A cryptic crossword style list presents clues such as entertainer family chil junior stable set smooth Washington and. Puzzle of 25 angels 26 world capital 27 Dravidian language 28 Westment 29 West Indies volcano 31 stomach ache 32 unawares 33 skating arenas 35 rejects Saturday.
MENTIONED IN THIS ARTICLE
Angels
World Capital
Westment
West Indies
Watergate, Sports, and Honest Values Reflected in Life
A columnist links sports fairness to national ethics, noting baseball batting order as honest hierarchy. He contrasts Watergate deception with the truth-telling in sports, agrarian longing, and nature as he recalls a rural scene of a blacksnake killing cowbird chicks.
MENTIONED IN THIS ARTICLE
Scrabble
Red Smith
Norman Podhoretz
Thomas G. Bergin
Intellectual Digest
Podhoretz
Smith
America
Watergate
L. Patrick Gray
Jeb Stuart Magruder
Sen
Howard Baker
Magruder
Also Mentioned on This Page
the Odessa
American A Freedom Newspaper
Prt
Thie Associated Press
Columbia Broadcasting System
John F. Kennedy
Frankfurt
Germany
Europe
South Vietnam
Saigon
Harrisburg
Lord Louis Mountbatten
Britain
Sidney Lumet
NER Inc
California
Cromley
Crumley
Newspaper Enterprise Association
Louis M. Kohlmeier
Chicago Tribune
New York News Syndicate
House of Representatives
Louisiana
John Nassikas
Continental Oil
Algeria
Soviet Union
North Sea
Nassikas
Lyndon Johnson
Texas
LBJ
Entertainer
Family
Washington and
Volcano
Anita
Garland
Wichita House
Russia
Algiers
U.S. Naval Base
Ireland
James J. Kilpatrick
Washington Star Syndicate
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