Nixon Unveils Economic Plan With 90 Day Wage Freeze
President Nixon announced a broad program to cut unemployment and curb inflation. He imposed a largely voluntary 90 day wage-price freeze, moved toward currency realignment, and ended gold sales at 35 an ounce. A temporary 10 percent import surcharge and targeted tax breaks were proposed, with Congress asked to act on revenue sharing and welfare reform. Federal employment would be reduced by 5 percent and federal pay hikes frozen for six months.
MENTIONED IN THIS ARTICLE
Washington
Nixon
America
The
Nation
United States
Volkswagen
Toyota
Grundig
Sony
Congress
Connally
Wilbur D. Mills
D-Ark
Ways and Means Committee
George McGovern
South Dakota
Franklin D. Roosevelt
Office of Emergency Preparedness
Nixon Economic Policy Shifts Stir Debate and Markets
President Nixon unveiled a broad economic plan including a temporary 10 percent import surcharge and a 90 day price wage and rent freeze. He proposed suspending full convertibility of the dollar, letting it float against foreign currencies to seek more realistic exchange rates. Treasury Secretary Connally signaled support, while lawmakers reacted with cautious optimism and questions about job creation and long term impact on inflation.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
John B. Connally
U.S
Connally
Nixon
Man Held on Charged Burglary and Attempted Rape
Lester Bishop 45 of Williamsburg arraigned in Franklin County Court on burglary and attempted rape charges. Hearing continued to 10 a m Tuesday with bond set at 5000 dollars. Sheriff Joe Ferns said Bishop was arrested Sunday after an elderly Williamsburg woman’s home was forcibly entered. the woman was hospitalized.
MENTIONED IN THIS ARTICLE
Franklin County
Lester Bishop
Williamsburg
Bishop
Joe Ferns
Weekend Fires Probe in Franklin and Anderson Counties
Franklin County deputies investigate a Friday night fire that destroyed an abandoned Wilson Estate house two miles west of Ottawa on K 68. Nearby Anderson County reports four abandoned houses set ablaze early Sunday northwest of Garnett. no loss estimates or owner names released. State fire marshal officials to assist.
MENTIONED IN THIS ARTICLE
Franklin County Sheriff's Department
Wilson
Ottawa
Garnett
Anderson County
Bill Gadelman
Sheriff's Office
Connally rejects depreciation label for dollar move
Secretary Connally said Nixon's emergency program does not amount to a devaluation. He noted the dollar may rise against some currencies but fall against others as the world moves to a float in value. He emphasized fair trade talks with Britain, Holland, and France and defended the package as a necessary reset to curb the US balance of payments deficit, inflation, and unemployment.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Vietnam
Spiro T. Agnew
GOP
Connally
London
Holland
France
Treasury
Weather highs and lows for weekend and past records
The forecast lists Saturday high 89 with Sunday low 63 and a high of 98 with today’s low 64. It notes a record high of 111 in 1934 and record low 52 in 1897, plus hourly temps ending at 6 am today.
Village Players Face Possible End After Leavenworth Show
Ottawa youth troupe Village Players may fold after selling the barn they used for six years leaving no venue for a seventh show. Co-director David Haverty said a winter meeting will decide whether to seek another space or disband.
MENTIONED IN THIS ARTICLE
Village Players
Ottawa
Kansas State Penitentiary
Leavenworth
Honor Farm
David Haverty
Wallace Order Termed Meaningless by Federal Judge
U.S. District Judge Sam C. Pointer Jr. ruled Gov. George C. Wallace's executive order to the Jefferson County School Board as legally meaningless in a desegregation case. The judge said the board must follow court directives, not the governor, and that Wallace’s action was mere free speech.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
George C. Wallace
Jefferson County School Board
U.S. Dist
Sam C. Pointer Jr
Pointer
Wallace
Replevin Hearing Set On Iola Slot Machines
In Topeka the state moves to enter a replevin action in Allen County District Court Iola. A hearing is set for 2 p.m. next Monday. The American Legion Club of Iola seeks return of its seized slot machines from a June raid by Atty. Gen. Vern Miller and state agents.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Allen County
Iola
Patrick Connolly
The
American Legion Club of
Atty
Vern Miller
Catholic Leaders Urge Nonviolent Disobedience in N I
Nine of thirteen opposition lawmakers urge 500000 Catholics to begin Gandhian civil disobedience until internment without trial ends. They vow tax and rent refusals as riots leave 26 dead and 300 detained. Bernadette Devlin calls protest strikes amid British troop crackdown. Weekend lull. snipers fire near Belfast center. Two bombs planted at university residence but did not explode.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
Brian Faulkner
Irish Republican Army
Bernadette Devlin
Ulster
Also Mentioned on This Page
Japan
Cost of Living Council
Deadlern
Industry
Steve Dreher
Richmond
Ray Davis
Missouri
Kansas
Ham
Tam
Apm
By Dan Mullen
Haverty
Chamber of Commerce
Rusing
Capital
Londonderry
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!