13 Jan 1971
Page 1
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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Jan 13, 1971
Page
1
In Tehran representatives of 10 major oil nations accuse a Western company delegation of refusing to negotiate price increases and depart. OPEC warns that collapse jeopardizes 85 percent of non Communist world oil output as it plans a course of action at next Tuesday’s meeting.
The Interior Department will tighten supervision of federal aid to Indians after accusations by two legal groups that states misused funds. NAACP Legal Defense Fund and Harvard Center for Law and Education said seven Western states and New York diverted money meant for Indian childrens education to unrelated school needs.
Stanford University sleep expert Dr William C Dement says insomniacs using sleeping pills may sleep less and enter an abnormal sleep pattern that could be harmful over time. He urges caution about long term use.
The Agriculture Department quietly abandoned a year old plan to test fat content in supermarket hot dogs to gauge compliance with standards favored by the White House. Officials say the 30 percent fat limit in force since October 1969 is being observed scrupulously by most manufacturers without enforcement threats.
Census Bureau findings show suburbs outperform inner-city areas in education. About half of adults over 24 in the 30 large cities surveyed lack a high school diploma, compared with 37 percent in more affluent suburban areas.
The Dow Jones Industrial Average rose to 844.19, a 14 month high, as markets reacted to Nixon’s deregulation push allowing bigger tax writeoffs for capital spending. Trading was active and gains were broad across many stocks.
Seventy inmates from jails across Brazil were to be flown to political asylum in Chile to secure the release of kidnapped Swiss ambassador Giovanni Bucher. They were confined at a military airport near Rio de Janeiro, near a Varig Airlines Boeing 707 awaiting departure.
The head of the Jewish Defense League says jail threats won't deter their campaign to harass Soviet representatives over conditions of Soviet Jews. Six young JDL members trailed three dissidents from the Soviet mission to the UN, shouting insults at a man in a soda fountain and two women in a supermarket before police intervened.
The Air Force authorizes Boeing Seattle to begin production of the SRAM short range attack missile. It is designed for bomber use with a 50 to 100 mile range to strike ground targets while staying out of enemy defenses and escaping before a nuclear blast.
A federal grand jury indicted Rev. Phillip Berrigan and five others for a plan to blow heating ducts in federal buildings and kidnap Henry Kissinger. The scheme aimed to halt U S bombing in Southeast Asia and free political prisoners as ransom.
Cairo newspaper Al Gomhouria reports Egypt proposes a three point peace plan with a UN peacekeeping force under the UN flag. It urges a UN Security Council meeting before February 5 cease fire expiry and demands total Israeli withdrawal from occupied territories. The plan seeks new guidelines based on the November 1967 UN resolution.
The federal government requires U S taxpayers to disclose any financial interests in foreign countries on their 1040 returns. The new rule, tied to the Swiss Bank Bill, aims to curb cross border tax evasion and hidden assets. Exemptions include accounts at U S military banking facilities abroad. Switzerland agreed to share information on potentially serious tax crimes, but bank secrecy remains for simple evasion and does not apply to other nations.
Southwest Texas west of the Pecos reports fair and mild conditions through Thursday with low tonight around 35 and high Thursday near 68.
President Nixon warned Bethlehem Steel and urged expanded imports from Japan and Western Europe as wholesale prices held steady in December. Romney cut the FHA VA mortgage rate to 7.5 percent to spur lending while Bethlehem Steel announced an 11 to 13 percent price hike for ship building and construction materials.
In London, Cabinet members receive extra protection after two bombs hit Employment Minister Robert Carr's home during a 24 hour strike led by union opposition to the labor reform bill. Carr and his family were unharmed as Scotland Yard boosts guards and officials condemn the attack.
A 140 armored car-backed operation with 13 000 plus troops from South Vietnam and Cambodia moves to reopen Highway 4 from Phnom Penh to Kompong Som. Initial combat minimal, but shells hit a marine camp near Pich Nil and clashes occur near Trapeang Kea. Cooperation between allies appears uneven as Ky visits Phnom Penh and oil shortages persist. A U S airlift plan is sidelined for now.
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