Farm lending drops as tight money tightens credit
An Agriculture Department report shows direct farm loans slashed by about one third due to tight money and high interest rates. It notes total new money from insurance companies, federal land banks, and the Farmers Home Administration fell to 606.5 million in the first half of this year, the lowest since 1962 and about half of the 1966 peak of 1.24 billion.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Federal Land Banks
Farmers Home Administration
Broiler Producers Told to Cut Output for Higher Prices
The Agriculture Department says broiler chicken producers must cut production next year to sustain higher prices. A 1971 marketing guide urges an eight percent reduction in egg settings for April to June to align output with demand. Oil and gas activists in Santa Fe reviewed Nixon's price controls amid inaugural discussions by the Interstate Oil Compact Commission.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Santa FE
N.M
Nixon
Interstate Oil Compact Commission
Farmer expected to resign from HEW during Nixon era
James Farmer, the highest ranking black in the administration, planned to resign as assistant secretary of Health, Education and Welfare. A meeting with President Nixon was announced after months of denial about his impending departure.
MENTIONED IN THIS ARTICLE
Washington
James Farmer
Nixon
Farmer
Fulbright Asks North Vietnam for POW Names
Senator J W Fulbright appeals to North Vietnam for the names of American prisoners of war but says there has been no reply nearly six months after the request.
MENTIONED IN THIS ARTICLE
Washington
Sen
J.W. Fulbright
North Vietnam
Khrushchev claims Beria downfall before Malenkov rise
The Life magazine December issue excerpts attribute Khrushchev as saying he engineered Lavrenty Beria's downfall after Stalin's death. The reminiscences allege Beria plotted to back Georgi Malenkov, then discredit him to pave his own ascent to power.
MENTIONED IN THIS ARTICLE
New York
Nikita Khrushchev
Lavrenty P. Beria
Joseph Stalin
Georgi Malenkov
Stalin
Life
Dec.il
Beria
Malenkov
Officials Back Revised Nixon Revenue Sharing Plan
Atlanta AP reports eight associations of state and local government officials endorsed revisions to President Nixon's stalled revenue sharing plan. The revisions were revealed Sunday by Murray L. Weidenbaum, assistant Treasury secretary for economic policy and head of a White House study group.
MENTIONED IN THIS ARTICLE
Atlanta
Nixon
Murray L. Weidenbaum
Treasury
White House
Caller Warned Refinery Fire Preceding Humble Blast
Police in Linden New Jersey sought to identify a caller from a voice recording who warned the refinery would burn and linked the blast at the 1500 acre Humble Oil complex. The explosion injured 29 and caused millions in damage after a Saturday night fire raged for hours.
MENTIONED IN THIS ARTICLE
Linden
Humble Oil Co
Basque Nationalists Trial Suspended in Burgos
The trial of 16 Basque nationalists in Burgos was paused as one of seven military judges felt unwell. No resumption date was given.
MENTIONED IN THIS ARTICLE
Burgos
Spain
West German Polish Leaders Sign Pact to Normalize Ties
Chancellor Willy Brandt and Polish Premier Josef Cyrankiewicz signed a treaty advancing normalization of relations between West Germany and the Soviet Bloc amid Brandt's West German policy shift.
MENTIONED IN THIS ARTICLE
Warsaw
Willy Brandt
Josef Cyrankiewicz
Swiss Envoy to Brazil Kidnapped in Rio Shootout
Swiss ambassador Giovannie Enrico Bucher was abducted by terrorists in Rio de Janeiro after shooting a Brazilian security guard. The raid involved at least six assailants, a blonde woman among them, and left the guard wounded. The kidnapping, carried out near Santa Teresa, echoes Brazil’s earlier political abductions tied to the National Liberation Alliance.
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Rio DE Janeiro
Brazil
Giovannie Enrico Bucher
The
Tional Liberation Alliance
U.S
C. Burke Elbrick
Elbrick
Nobuo Okuchi
Sao Paulo
Ehrenfried von
Hollenden
West Germany
Okuchi
Bucher
Santa Teresa
Volkswagen
Willys
Helio G
Xavier
US weighs month long Vietnam truce for Christmas
Secretary of State William P. Rogers said the United States is considering a month long Vietnam truce over the holidays to push toward a permanent cease fire. Senator Henry M. Jackson supported the idea on Meet the Press and urged extending the Christmas truce through Tet. Officials noted Hanoi rejected long truces but offered brief cease fires in past years.
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Washington
William P. Rogers
United States
State Department
Rogers
Henry M. Jackson
Washington Democrat
Jackson
Paris
NBC
Meet the Press
North Vietnam
Hanoi
South Vietnam
Inal
Golda Meir
Dayan
Mrs. Meir
Nixon
U. S
Truck Drivers Stage Walkout Across 13 Midwest States
More than 1,300 Teamsters drivers in Michigan and northern Ohio walked out Sunday night with 5,000 others considering joining. Negotiations with the Labor Relations Advisory Association resumed in Detroit as temperatures fell. The strike could affect fuel oil delivery in rural areas across Illinois to North Dakota, though some companies said supplies remain sufficient for weeks. Tanker drivers earn about $4.07 per hour with a proposed $1.65 raise over three years, while 700 Cleveland area drivers and 600 Michigan drivers are already involved.
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Chicago
Teamsters
Michigan
Ohio
Kentucky
North Dakota
Fusl
Detroit
Labor Relations Advisory Association
Oil Company
Standard Oil Co
Cleveland
Columbus
Iowa
Milwaukee
Teamsters Local 206
Teamsters Bargaining Committee
Steve Shultz
Robert Bray
Ford Talks Continue as UAW Drops Strike Deadline
DETROIT AP The United Auto Workers dropped a midnight strike deadline against Ford, with negotiations continuing over more than 24 hours. The Ford Council will reconvene at 9:30 a.m. Tuesday, no new deadline set. Key issue remains retroactivity and wage figures linked to the GM pattern. The GM settlement saw a rise to 4.53 hourly and removed cost-of-living caps. Ford and Chrysler had strike immunity at the GM contract time.
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Detroit
United Auto Workers Today
Ford Motor Co
UAW
Ford Bargaining Committee
Ford Council
Ford
General Motors
Erage
Chrysler
Hughes Denies Big Power Struggle Behind Hughes Empire
LAS VEGAS AP The District Attorney said he spoke with Howard Hughes who denied any internal power struggle over control of his Nevada gambling stake and empire. Deputies searched Hughes penthouse amid foul play rumors. Hughes, 64, had been ill with pneumonia anemia and a heart condition and had vanished from the Desert Inn.
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Las Vegas
Nev
George Franklin
Howard Hughes
Bahamas
Franklin
Paul Laxalt
KLAC
Los Angeles
Hughes
Nevada
Las Vegas Strip
Sheriff's Department
Desert Inn
Lloyd Bell
Bell
Hughes Tool Co
Houston
Tex
Hughes Tool Forces Ar
Mideast Leaders Prepare for Talks as US Seeks Breakthrough
Washington awaits key meetings this week with Jordanian King Hussein and Israeli Defense Minister Moshe Dayan as U S officials press for a resumption of peace talks under UN mediator Gunnar Jarring. Hussein seeks U S positions on Palestinian guerrillas and Jordanian aid while Dayan requests clarification on U S support and withdrawal plans.
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Washington
U. S
Middle East
Jordan
Hussein
Moishe Dayan
Mideast
United States
United Nations
Gunnar Jarring
Israel
Jerusalem
Orig
Nixon
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