Nixon outlines inflation fear and free market plan
President Nixon argues that spending beyond tax-funded full employment is inflationary and should be avoided except in emergencies. He cites housing growth, local spending, lower interest rates, and auto industry recovery as deflating inflationary pressure while avoiding wage and price controls. He emphasizes using legitimate government powers to strengthen free markets and urges labor and business to adopt new bargaining norms.
MENTIONED IN THIS ARTICLE
Nixon
General Motors
Council of Economic Advisers
Paul W. McCracken
Herbert Stein
Hendrik S. Houthakker
Defense Department
Apollo 14 docking drama tests Mars of the Moon mission
Astronauts of Apollo 14 faced a valve leak that increased oxygen use during a docking approach. After six attempts a new procedure and inspections found scratches on the docking probe caused by latch captures. Ground control guided repairs and the crew completed a successful dock before proceeding with the Moon mission plan.
MENTIONED IN THIS ARTICLE
Shepard
Houston
Mission Control
Roo- Sa
America
Cape Kennedy
Fla
Donald K
Deke
Slayton
Moon
Gaza Post Office Blast Wounds 61 in Gaza City
A blast at a Gaza City post office injures 61 Arabs and badly damages the building as 44 pounds of explosives concealed in a fire go off at 9 p.m. A witness reports smoke near the counter. Israeli reports say 16 Arabs were deported from the West Bank and Gaza last week.
MENTIONED IN THIS ARTICLE
Gaza Strip
Gaza City
Jordan
West Bank
Jordan River
Queen Ratna Wounded in Tiger Hunt
Queen Ratna of Nepal, 42, was wounded by a bullet during a tiger hunt near Kanchanpur. She underwent an operation after a 300 mile flight. doctors say her majesty is making satisfactory progress.
MENTIONED IN THIS ARTICLE
Katmandu
Nepal
Ratna
Kanchanpur
Deaths and careers in brief from across the nation
Hugh D. Galusha Jr. 51 president of the 9th Federal Reserve District dies in a snow cave after a snowmobile trip fails in gale winds and extreme cold. Charles D. Rice 60, columnist for This Week, dies in New York. Graeme C. Bannerman 60, former assistant Navy secretary and UC Berkeley official, dies after a heart attack on a golf course. If Antares lands, Shepard and Mitchell would be fifth and sixth humans to disturb lunar dust.
MENTIONED IN THIS ARTICLE
Cooke City
Mont
Hugh D. Galusha Jr
9Th
Federal Reserve District
Minneapolis
Berkeley
Calif
Graeme C. Bannerman
U.S
Antares
Shepard
Mitchell
Moon
Barbs and Blunt Quips Spark Household Humor
A short quip echoes social wit about noise and talk, noting a bargain for a woman is often beyond a husband’s means and a boss complains that everyone must arrive on time. The lines capture a snapshot of everyday office and domestic humor.
Also Mentioned on This Page
PECOS
Eaterinise
Reeves County
Texas
Pecos Enterprise, Inc
South
Cedar Street
Ford Love
Joye Miller
Dan Dominguez
ARG
Usl
S. Oak
George Peppard
United Artists
Selmar Pictures
Moon Landing
Astronaut Office
Walthall Street
Airlawn Shopping Center
Home Owned and Operated
Discount Center
Reg
le P
Johnson
Glory Spray
Ladies’ Pants
Metalla
Lebanon
Yasir Arafat
al Fatah
Palestine Liberation Organization
Saeb Salam
Moscow
Friends of
Mstislav Rostropovich
Rostropovich
Alexander I. Solzehnitsyn
Solzehnitsyn
U.S.S.R
Washington
Harry Treleaven Jr
New York
Jim Allison Jr
Republican National Committee
Ken Rietz
W. E. Brock
Tennessee
Allison
Sacramento
Robert Dole
Kansas
Hubert H. Humphrey
Dole
GOP Central Committee
Kansas City
Harry S. Truman
Truman
Charles D. Rice
This Week Magazine
Rice
Charlie Rice
Punchbowl
Newspaper Supplement
Phil Pastore
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