Campaign Officials Land Jail Terms
In Washington two top Nixon re election campaign leaders G Gordon Liddy and James W McCord Jr were found guilty by a jury of eight women and two men after a 90 minute deliberation. Liddy faced six counts including burglary and wiretapping while McCord was convicted on the same offenses plus possession of listening devices. They were jailed immediately pending sentencing. potential penalties run to decades in prison and large fines though actual sentences likely shorter. The verdict closes part of the Watergate prosecutions with sentencing to follow a probation report and sets the stage for Senate Watergate hearings.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Democratic Party
G. Gordon Liddy
James W. McCord Jr
McCord
Watergate
Liddy
Peter Maroulis
White House
Senate
Nixon Predicts A Good Year For US Economy
President Nixon foresees a very good year for the American economy and urges Congress to end wage and price controls. He prioritizes restraining federal spending to avoid deficits turning growth into a boom followed by a recession.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Congress
Council of Economic Advisers
Herbert Stein
Kansans End Draft Physical Examinations Across State
Kansas halted most draft physicals with exceptions for medical and other specified professionals and for certain violators and restrained registrants. Officials noted nationwide changes after a defense secretary announcement, while all 18-year-olds must still register with the Selective Service.
MENTIONED IN THIS ARTICLE
Selective Service
Bethlehem profits dip in 1972 despite higher sales
Bethlehem Steel Corp, the nation s second largest producer, reported 1972 profits down 3.3 percent to 134.58 million while revenue rose to 3.14 billion. A spokesman cited losses on long term shipbuilding and Multicon Properties as the profit drag. Directors raised the quarterly dividend from 30 to 35 cents and declared a 20 cent special dividend payable March 10 to holders of record February 13. Fourth quarter earnings rose 1.4 percent to 52.37 cents per share on 631.51 million in sales. U S Steel meanwhile posted a modest 1.6 percent profit gain for 1972.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel Corp
U.S. Steel
Bethlehem
Multicon Properties, Inc
U.S. Steel Corp
Canadian tourists stranded on open drawbridge in Florida rescue
Four elderly Canadian women ages 74 to 78 ended up 35 feet above Boca Ciega Bay when their borrowed car’s undercarriage snagged on an open drawspan. Fire crews lowered the women via snorkel basket after the bridge was raised, then lowered the car hour later. The scene drew a crowd as traffic backed up and emergency vehicles converged. The driver later asked for a drink. The second item reports a Montreal furrier being robbed of at least $50,000 in goods after thieves forced through a wall with a sledgehammer.
MENTIONED IN THIS ARTICLE
ST. Petersburg
Fla
Clayton Gignac
Madeleine Dow
Norah Bennett
Margaret Strype
Olive M. Bomb
Boca Ciega Bay
Gignac
Montreal
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