Mutscher Aide Likely Ist Witness
ABILENE TEX AP The $22 500 loan from the Sharps opened its case today against Speaker Gus Mutscher. The town State Bank at Houston, the bank and the insurer with indications that F C Sentance Schulte a Houston promoter testified before the Grand Jury that indicted Mutscher aide Rush McGinty and Tommy Shannon of Fort Worth conspired to collect a bribe from Sharp.
MENTIONED IN THIS ARTICLE
Abilene
Tex
Sharps State
Town State Bank
Houston
Gus Mutscher
F.C. “Sentance Company
Schulte
Mutscher
Frank
Sharp
Travis
Austin
Scher
Tommy Shannon
Fort Worth
Lscher
Rush McGinty
National Bankers
Insurance Co
Tadintaal
Odessans Brave Cold Morning As Warm Weekend Forecast
A high pressure system over the Permian Basin brought Odessa its coldest morning in three weeks with a 28 degree reading. Forecasters expect a warming trend this weekend with mid 70s and a high near 65 today, then a 33 degree low Friday morning and light NW winds shifting SW later.
MENTIONED IN THIS ARTICLE
Permian Basin
Brownsville
New Orleans
Odfssans
Stock profits tied to banking bills and Sharp ties in Texas case
The defendants earned large profits on NBL stock using loans from Sharp's bank and sold the shares after two banking bills secured legislative approval. Immunity granted to Sharp in exchange for his testimony, with trial details including jury selection and notable profits by Mutscher Shannon and McGinty. Gov vetoed the bills after profiting from related stock.
MENTIONED IN THIS ARTICLE
Au Amwactons
NBL
Sharp
Travis County
Houston
Mildred Ates
Abilene Reporter-News
Texas
Mutscher
Shannon
McGinty
Sharp's
Preston Smith
National Bankers Life
Smith defends veto over Sharpstown banking bills
Gov. Preston Smith said Texas senators and representatives deserve blame for passing two banking insurance bills tied to the Sharpstown stock fraud scandal. He cited rushed passage, noted his veto, and denied personal involvement beyond his veto document. Barnes criticized Smith and highlighted stock dealings before the special session.
MENTIONED IN THIS ARTICLE
Austin
Tex
Preston Smith
Texas
Smith
Gus Mutscher
Abi
Barnes
Gov Smith
Insurance Company
Frank Shai
Sharpstown
SEC
Ten Know
Democratic
Elmer Baum
National Bankers Life Insurance
Sharpstown State Bank
Baum
Frank Sharp
Sharp
China Talks Covered Peace and POW Freeing
Washington reports say Nixon talked with Premier Chou En-lai about peace prospects and prisoner releases. A source described plans for a third country channel for diplomacy and people to people exchanges, trade, and ongoing U.S.–China discussions, likely to feature senior visits and a non formal path toward normalization.
MENTIONED IN THIS ARTICLE
Washington
Miami Herald
Nixon
Choi En-lai
Henry A
Ing
Peking
Walli
Boston Globe
The
Ameri
Poland
Canada
Chou
Jin
Shanghai
United States
China
U.S
Busing Fate Now Up To Conferees
The Senate passed a 23 billion antibusing amendment and sent it to a conference committee, with Senate approval 48 to 47. The bill, tied to higher education funding and federal aid rules, faces differences over busing formulas and aid to colleges.
MENTIONED IN THIS ARTICLE
Washington
Senate
Robert P. Griffin
Congress
Fed
House
Dignitaries Yield to a Cab Driver's Spotlight
A notable cab driver gains disproportionate attention as dignitaries defer to him. The scene centers on his quiet influence amid ceremonial events and official gatherings.
Bankhold Up at McCamey Sparks Fresh Robbery Pursuit
Two mounted men robbed Security State Bank of McCamey shortly before 9 am taking about $10,000. They fled in a car, were captured an hour later after crashing 20 miles south on Texas 305. Suspects Guadalupe Florez and Gene Austell, both 31 and 32 from California, were seized near the crash. Langston, bank president, and his wife had been held at gunpoint. police recovered the loot near the scene. The couple’s statements describe the dramatic hours of the incident.
MENTIONED IN THIS ARTICLE
McCamey
Here
Texas
Upton County Sheriff's
Guadalupe Antonio Florez
Gene Austell
California
Derwood Langston
Langston
Primary Suit Will Be Heard
In Austin the Texas Supreme Court agreed to hear whether Bullock can spend state funds on primary election expenses without a specific appropriation. The justices set a 2 p.m. hearing to decide if legislative authority is required for funding. Attorneys for Bullock contended the governor’s advisory budget already covers primaries.
MENTIONED IN THIS ARTICLE
Texas
Smith
Austin
Tex
Texas Supreme Court
Martin
Calvert
Bullock
Gov. of State
Clint Small Breston Smith
Charles Yeal
Herring
Gover
Spe
Bhief
High Court
Crawford Martin
Lother
Pri- Martin
Tiny Percentage Of Desertion Motivated By Moral Objection
The Pentagon told a Senate panel considering amnesty for Vietnam draft resisters and deserters that only a small percentage of those who deserted were prompted by moral objection to the war. A former Militant Weather underground member has gained permission to seek military intelligence records to bolster his defense in an Army court martial.
MENTIONED IN THIS ARTICLE
Pentagon
Senate
Vietnam
Weathermen
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