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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Dec 08, 1969
Page
4
Washington AP notes two firms, Commercial Finance Corp of New Jersey and Pacific Fidelity Corp of Nevada, are moving back into over-the-counter stock activity. The report hints at speculative offerings and market interest in lesser known ventures.
Columbia University announced a new Pulitzer prize for criticism or commentary in American newspapers. University president Andrew W. Cordier said the prize will be awarded next year for the first time. It carries a certificate and a $1,000 cash award, as the 10th prize in journalism.
A Senate subcommittee chaired by Sen. William Proxmire examines bills to curb or ban mass mailings of unrequested credit cards after testimony that such cards fuel mail fraud and fund organized crime. Separately, the SEC reports on stock suspensions and market manipulation tied to companies with dubious assets and ongoing enforcement concerns.
Lt. Lou is quoted by AP as Capt. John G. Drew argues the My Lai massacre should not justify U.S. withdrawal from Vietnam. He recalls Tet, military gains, and criticizes media bias while advocating continued civic action and rural improvements.
West Germany and the Soviet Union began formal talks in Moscow on renouncing the use of force. Soviet Foreign Minister Gromyko and West German Ambassador Allardt opened negotiations at the Foreign Ministry as Bonn seeks better ties with Moscow under Chancellor Brandt. The talks occur as U S Soviet limits talks and Soviet Chinese border discussions proceed elsewhere. The Moscow summit urged recognition of East Germany and acceptance of existing borders, while NATO shows openness to a broader European security conference. The Caribbean Sea derives its name from Carib Indians who inhabited the Lesser Antilles at European contact.
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