Britain and Common Market plan open foreign exchanges Monday
Britain and the six Common Market members will reopen their foreign currency exchanges on Monday with fixed rates but a wider fluctuation range. France and West Germany could not agree on a unified policy, leaving currencies to float differently in each country. France may use a double rate system for trade and investment, while a reform of the monetary system is urged by the Common Market.
MENTIONED IN THIS ARTICLE
Brussels
Britain
France
West Germany
Anthony Barber
London Exchange
Advisory Commission of the Common Market
Belgium
Nixon
Netherlands
Italy
Luxembourg
International Monetary Fund
Washington
Mills seeks broader tax relief in Nixon package
The House Ways and Means Committee will review additional individual tax relief in Nixon’s economic package. Chairman Wilbur Mills says current proposals fall short and favors expanding the present low income deduction, including the $1000 minimum standard deduction for 1972. In London, the Labor opposition asked Heath to recall Parliament for a two day emergency debate on Northern Ireland in early September, which Heath said he would consider if the request is formalized.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Nixon
Wilbur D. Mills
D-Ark
Mills
London
Labor Party
Edward Heath
Northern Ireland
Heath
Jackson
Senate
Charlotte
N.C
Senate Interior Committee
FBI
Prison escapeers split paths after Mexico City breakout
Joel Kaplan a 45 year old U S citizen and Carlos Contreras a Venezuelan fled Santa Marta Acatitla Prison by helicopter. One reportedly headed to Sausalito California and the other to Guatemala as district attorney officials updated the case.
MENTIONED IN THIS ARTICLE
Mexico City
Sausalito
Calif
Guatemala
District Attorney’s
Joel David Kaplan
U.S
Carlos Antonio Contreras
Santa Marta Acatitla
Natrola Service Inc
Casper
Wyo
Roger Guy
Eleven ARA members face preliminary hearings in Jackson
Eleven members of the Republic of New Africa separatist group, eight men and three women, appeared for preliminary hearings in Jackson on charges of murdering Detective Lt. William Skinner, who died from wounds after a shootout at the group’s headquarters. Police had gone to serve warrants on four individuals facing fraud and murder charges.
MENTIONED IN THIS ARTICLE
Jackson, Miss
Jackson
William L.skinner
Republic of New Africa
Here
Tokyo Stocks Rally After Four Day Decline
The Tokyo Stock Market rebounded after four straight days of decline tied to Nixon's dollar defense moves. The 225-share index closed at 2,283.88, up 93.72, with exporters and sectors like electric appliances and autos among gainers. The Bank of Japan acted to defend the dollar, buying and selling dollars to stabilize the exchange rate.
MENTIONED IN THIS ARTICLE
Tokyo
Nixon
Japan
Bank of Japan
Connally Overrules Pentagon On Military Pay Freeze Policy
Treasury Secretary Connally announced a 90 day wage price freeze banning longevity pay raises and retroactive labor contract hikes for the armed forces. The Pentagon will still grant raises for promotions hostile fire pay re enlistment bonuses and special allowances. AFL CIO and Teamsters criticized the policy while Meany urged union contracts be renegotiated or canceled. Connally’s move keeps exemptions rare and applies to foreign governments as well.
MENTIONED IN THIS ARTICLE
Washington
Treasury
John B. Connally
Nixon
Canada
Lockheed
Congress
Cost of Living Council
Afl-Cio
George Meany
Administration
United Auto Workers
Teamsters
Connally
Hoffa Seeks Third Parole Bid From Lewisburg Prison
James R. Hoffa, former Teamsters chief, makes his third parole bid as he remains incarcerated at Lewisburg PA for mail fraud and jury tampering. The parole board agreed to review the case in executive session, citing new and substantial evidence presented by his son. Hoffa has resigned as Teamsters president and cut ties with Michigan locals.
MENTIONED IN THIS ARTICLE
Washington
Teamsters Union
James R. Hoffa
U. S. Board of Parole
Hoffa
Teamsters
Lewisburg
U S aid threat tied to Thieu opponent withdrawal
The United States warned it could cut aid to South Vietnam after Duong Van Minh quit the presidential race alleging that Thieu would rig the vote. The U S Embassy expressed regret over Minh's withdrawal and offered no further comment beyond that official note.
MENTIONED IN THIS ARTICLE
George Esper
Associated Press
Saigon
South Vietnam
U.S
Nguyen van Thieu
Duong van
Minh
Thieu
Massador Ellsworth Bunker
Washington
Nixon
Congress
Bunker
Theiu
Nguyen Cao Ky
United States
Bolivia on edge as rebels seize half the country
Leftist government mobilizes support as rebels seize eastern Bolivia. A presidium orders worker site occupations and unions warn of strikes. Santa Cruz falls with some units defecting. La Paz braces for further actions amid a nationwide state of emergency.
MENTIONED IN THIS ARTICLE
LA Paz
Bolivia
Juan Jose Torres
Santa Cruz
Torres
Bolivian Workers Confederation
Jackson Offers a Different Image in Presidential Bid
Sen. Henry M. Jackson of Washington works to distinguish himself within the Democratic field as he campaigns across the South West and Jewish communities. He emphasizes defense hawk or dove balance, defends Vietnam policy, and seeks strong Israel aid while courting labor and conservative Democrats amid rising party tensions.
MENTIONED IN THIS ARTICLE
Gregg Herrington
Associated Press
Washington
Henry M. Jackson
South
Nixon
Jackson
Congress
Florida
North Carolina
Tennessee
Texas
New Mexico
New Hampshire
New York
Oregon
Israel
Raleigh
Mother Russia
George S. McGovern
South Dakota
Birch Bayh
Indiana
Fred Harris
Oklahoma
John V. Lindsay
Edmund S. Muskie
Maine
Hubert H. Humphrey
Minnesota
Snohomish County Wash
Also Mentioned on This Page
England
Karl Schiller
Valery Giscard d’Estaing
San Antonio
Irene P. Martinez
Munich
International Brotherhood of Teamsters
Michigan
Union
James P. Hoffa
Detroit
The
Federal Home Loan Bank Board
Savings and Loan
Preston Marstin
Federal Home Loan Mortgage Corp
Jackson Offers A
Image
Dallas
Pentagon
Democratic Party
Allard K. Lowenstein
Americans For Democratic Action
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