Currency rout prompts weekend relief move in Europe
Global FX markets paused while governments discuss a coordinated response to the dollar slide. Prime Minister Heath and Chancellor Brandt, in Bonn, weigh joint actions with Common Market partners as Frankfurt and other centers halt trading to curb dollar influx.
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U.S
Edward Heath
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Willy Brandt
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Belgium
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Handout Man as Persistently Charming Actor in New York
In New York the handout man, a middle aged panhandler named Jack, visits weekly for two decades, offering stories and performances in exchange for two dollars. He travels a route of 25 to 50 clients daily, often citing misfortune and family woes, while some readers feel aiding him would ruin a rare acting talent.
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New York
Jack
America
New Coalition Takes Reins In Ireland
Dublin AP report says Liam Cosgrave will lead a left of center coalition after Fianna Fail loses its 16 year rule. Cosgrave's Fine Gael Irish Labour Party alliance holds 68 seats with potential to reach at least 72, while Lynch's Fianna Fail wins 64. Brendan Corish tipped as deputy, amid questions if government will last. Cosgrave denounces IRA activities and faces Northern Ireland policy as first big issue.
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Ireland
Jack Lynch
Liam Cosgrave
Dail
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Laborites
Fianna Fail
Lynch
Brian Lenihan
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Britain
Republic
IRA
Farm Roundup Defends Family Farms as Backbone of Food
Washington AP report: Agriculture Department uses ASCS memo to urge public view that family farms remain dominant. Fewer than one percent of farms are industrial giants. most corporate farms are family operated. Local officials may quote a blanked ASC chairman stating conditions mirror national trends.
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Washington
Agriculture Department
Agricultural Stabilization and Conservation Service
State Agricultural Stabilization and Conservation
ASC
Governors Split Over Nixon Revamping Plans At Midwinter Meet
Governors conference ends with Democratic opposition to Nixon master plan for revenue sharing. Democrats fear budget cuts and seek more information before backing the plan, while Republican leaders predict eventual support. The split fractures recent unity among governors on federal aid and hints at possible repeal efforts of the program.
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Washington
Nixon
Linwood Holton
Virginia
Republican Governors Association
John J
Gilligan
Ohio
Congress
Marvin Mandel
Maryland
National Governors Conference
White House Gala For Golda Meir Dinner Honors Israeli Leader
President Nixon hosted a gala White House evening for visiting Israeli Prime Minister Golda Meir. The event praised her roots in the United States and suggested she would play a major role in Middle East peace, though the path would be slow. The 120 guests included Cabinet members, congressmen, campaign donors, and notable figures such as Paul Zuckerman, John Connally, Alice Roosevelt Longworth, Rita Hauser, Lainie Kazan, and pianist Van Cliburn who performed two encores after a 45 minute set.
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Nixon
White House
Golda Meir
Country
Milwaukee
Meir
Middle East
Champaign
Mrs. Meir
United Jewish Appeal
Paul Zuckerman
Livonia
Mich
John Connally
Texas
Meat Prices Push Congress Toward Repealing 1964 Quota Law
Meat prices jump signaling a consumer push in Congress to repeal the 1964 import quota law. Rep. Benjamin Rosenthal argues the law is a standby sword over consumers as imports rise, while Nixon has suspended quotas in 1972 and again this year to allow more beef into U.S. markets. Rosenthal notes rising discontent and a possible consumer boycott. Beef costs average over 1.22 dollars per pound, with prices up nearly 10 percent in a year and cattle prices at record peaks. The industry warns against rapid expansion that could drive prices down. The story also reports Michigan State pitcher Larry Ike’s 23-win college career.
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Washington
Congress
Nixon
Australia
U.S
Benjamin Rosenthal
D-N.y
Rosenthal
Agriculture Department
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