Kissinger Returns to Egypt in Hopes for Sinai Pact
Secretary of State Henry Kissinger flies to Egypt amid high hopes for a new Sinai agreement after talks at Mamoura. Israeli Foreign Minister Allon says Egypt agreed to station a warning post on the western Gidi pass. Israel would monitor moves and Egypt may mirror a post on its side. Talks, with Sadat and Fahmy present, aim to resolve post locations, U.S. personnel use, and line definitions, with further shuttle trips planned into midweek.
MENTIONED IN THIS ARTICLE
Alexandria
Egypt
Henry A. Kissinger
Sinai
Kissinger
Anwar Sadat
Mamoura
Ismail Fahmy
Hisni Mubarak
Yigal Allon
Israel
Gidi
Sinai Desert
Umm Khashiba
Allon
U.S
U. S
Ford Urges Incentives to Spur Industry and Cut Regulation
President Ford called for tax incentives to boost capital for industry and an end to heavy federal regulation. He warned that inflation and red tape hinder production and jobs, proposing measures like a larger investment tax credit and tax exemptions on preferred stock dividends. Ford framed the plan as vital to expanding capital, growth, and U.S. competitiveness, amid a broad push to slash government paperwork and maintain competitive markets.
MENTIONED IN THIS ARTICLE
Chicago
America
Ford
U.S
American Hardware Manufacturers Assn
Congress
Cold Front Brings Scattered Storms Across Kansas
Thunderstorms moved into northeastern Kansas as a cold front swept in, with 0.5 to 1.5 inches of rain in spots north of the Kansas River. Temperatures dropped to the 60s, then rose to the 80s and 90s across the state. Forecasters expect more scattered storms today and tonight, then a warm spell with highs mid 80s to low 90s and cooler lows into the week.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
Kansas River
National Weather Service
Garden City
Chanute
Pittsburg
Goodland
Area Weather County Forecast Update
County forecast calls for clear to partly cloudy conditions tonight and Tuesday. Low around 60, mid 60s. Tuesday highs expected in the upper 80s. Winds northerly, easing to 5 to 15 mph.
Butz Defends Inflation Link Over Grain Exports to Russia
Agriculture Secretary Earl L. Butz told a Milwaukee audience that inflation, not U S grain sales to the Soviet Union, drives higher food prices. He argued exchange of bushels for bullets is preferable and cited labor, transport, fuel, materials, and rent costs as main price pressures. Burns estimates a 2 percent price rise from Soviet purchases.
MENTIONED IN THIS ARTICLE
Milwaukee
Earl L. Butz
U.S
Russia
Butz
Federal Reserve Board
Arthur Burns
Soviet Union
Burns
Bennett Denies Rumor of Storey Appointment
Gov. Robert F. Bennett dismissed rumors that Sen. Bob W. Storey might be named chief attorney for the new Kansas Department of Transportation. Bennett insisted Storey should stay in the Senate and chair the Transportation and Utilities Committee.
MENTIONED IN THIS ARTICLE
Bennett
Storey
Topeka
Kan
Robert F. Bennett
Bob W. Storey
Department of Transportation
Senate
Ross O. Doyen
R-Concordia
Department
Transportation and Utilities Committee
O.D. Turner
Transportation
Gradual end of oil price controls urged by Mobil chair
Rawleigh Warner Jr of Mobil Oil urged a gradual end to oil price controls over several years to avoid shocks to the economy. He warned a sudden decontrol could raise prices and hurt employment while opposing a windfall profits tax. The issue hinges on extending controls beyond August and the political fight over vetoes and energy policy.
MENTIONED IN THIS ARTICLE
Washington
Mobil Oil Corp
America
Rawleigh Warner Jr
U.S
Warner
Congress
Mobil
Tomorrrow
Ford
Administration
Federal Reserve Board
Arthur Burns
Senate
Mike Mansfield
Libby Dam
Mont
Lockheed Criticized Over Foreign Bribery Payments
Treasury Secretary William E. Simon condemned Lockheed Aircraft Corp for bribing foreign officials to promote plane sales. He told the Senate Banking Committee such practices undermine trust in national institutions and free market principles. Lockheed’s Daniel J. Haughton testified that $22 million paid since 1970 did not come from federal loan guarantees, mostly representing contract refunds rather than payments. Simon noted the federal oversight board learned of the bribery only in June.
MENTIONED IN THIS ARTICLE
Washington
Treasury
William E. Simon
Lockheed Aircraft Corp
Simon
Senate Banking Committee
Congress
Lockheed
Daniel J. Haughton
Haughton
Also Mentioned on This Page
Allen
United States
Hermann Eilts
Tahseen Bashir
Damascus
Syrian
Golan Heights
Mike Whitacre
Princeton Rd
Kenny Fischer
S. Hickory
Navy
Richard J. Daley
Daley
Chicago Yacht Club
Vail
Colo
Midwest
White House
Ron Nelsen
Kansas Corporation Commission
Jim Davis
Kansas City, Kan
Wyandotte County
Davis
KCC
Dale E. Saffels
Robert B. Docking
Saffels
Wichita
Richard C. Loux
House
Harold Herd
Coldwater
Herd
Loux
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