Nixon imposes 60 day price freeze phase three explained
New York AP reports President Nixon ordered a 60 day price freeze at June 18 levels excluding raw agricultural goods and wages. The move, dubbed Phase 3, aims to curb inflation, with audits on firms raising prices over 1.5 percent. Economists warn it may entrench wage price controls and risk shortages.
MENTIONED IN THIS ARTICLE
New York
Nixon
Congress
Treasury
George P. Shultz
Nixon Fears Action He Has Taken On Controls
New York AP reports the Nixon administration faces a costly dilemma as the president orders a second price freeze and signals a third, smaller round of controls. Economists debate his stance while Shultz and Stein defend Phase 3 amid rising inflation. The piece notes Nixon’s reluctance toward controls despite relying on them, suggesting a cautious tightening is possible.
MENTIONED IN THIS ARTICLE
New York
Nixon
White Line
George P. Shultz
Herbert Stein
Shultz
Treasury
Cost of Living Council
Stein
Council of Economic Advisers
Pangloss
Voltaire
New Cattle-Raising Process on Ranch
Circle E Ranch in El Dorado Kansas will test the cold confinement cattle raising method. A large all steel building 100 by 700 feet will hold 2700 cattle with 19 square feet per head. Waste handling includes a lagoon system and bacterial treatment to reduce odor and pollution. Four more buildings with capacity for 10 000 head planned if results prove favorable.
MENTIONED IN THIS ARTICLE
EL Dorado, Kan
Circle E Ranch
Kansas Beef Industries
Jerry W. Peterson
Potwin
Peterson
Circle E
William Oswald
Oswald
CSO International Inc
Concord
Calif
University of California
State Aid Estimate Reduced Under Kansas School Plan
Kansas legislative researcher Richard Ryan said changes in property tax assessment ratios and wealth or income factors reduce the state general aid estimate by 13.2 million before the new school finance plan operates. He noted the 187.70 million aid figure is not final and budgets remain to be adopted as factors may shift aid, including a potential 2 million cut for Shawnee Mission.
MENTIONED IN THIS ARTICLE
Topeka, Kan
Kansas
Richard Ryan
Kansas Legislative Research Department
Ryan
Special Legislative Committee On
Shawnee Mission
Radio Preacher Leads Opposition To Brezhnev Visit
The Rev. Carl McIntire urges Americans to protest Brezhnev's June U.S. visit. He proposes flags flown upside down and vigils at national shrines while denouncing ecumenism. McIntire links anti communism to his split ICC movement and cites clashes with the NCC.
MENTIONED IN THIS ARTICLE
New York
Carl McIntire
United States
Leonid I. Brezhnev
Brezhnev
International Council of Christian Churches
McIntire
Collingswood
N.J
ICC
World Council of Churches
Babylon
Says
U.S
National Council of Churches
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Business and Professional Guide
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W. 15Th St
J.C. South, D.C
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Baby’s Rental and Sales
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Bill Weber
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John E. Douglass
Richardson’s
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