Price Increases Test Nixon Jawboning In Steel
Editorial notes Bethlehem Steel raising prices by 12.5 percent provoking President Nixon to consider jawboning for restraint. U.S. Steel trims six points but still yields a 6.8 percent rise. The piece weighs unions and imports as limits to inflation and warns of tougher choices ahead.
MENTIONED IN THIS ARTICLE
Bethlehem Steel
Nixon
Bethlehem
Big Steel
U.S. Steel
L.S. Steel
Congress
Airlines resist SST as seats go unfilled and costs rise
Airlines report heavy losses and mounting equipment costs while pursuing new routes and jumbo jets. United and TWA cite profits squeezed by empty seats and aging fleets, delaying SST plans amid uncertain federal support and growing environmental concerns.
MENTIONED IN THIS ARTICLE
United Airlines
TWA
Civil Aeronautics Board
Uncle Sam
Yist
92Nd
Britain
France
Russia
Blood from a Turnip: Tales of a Reluctant Debtor
HAL Boyle offers wry anecdotes about debt collectors and borrowers, illustrating the stubborn psychology of late payments. From excuses about vacation funds to threatening sheriff involvement, the column skewers both sides of the money tug of war with humor.
MENTIONED IN THIS ARTICLE
Janus
Actors and politicians cited in brief quotes
Richard Boone praised an 8 year old actor in The Million Dollar Kidnapping while John Wayne’s son scene stole. New York State Senator Zaretski urged legalized gambling casinos to fund state needs. Senator Proxmire criticized government programs, calling military aid notably unmanageable.
MENTIONED IN THIS ARTICLE
Duke
Richard Boone
John Wayne
Wayne
Texans face bond issues risk in Gov Smith plan
Texans should reassess Gov. Preston Smith's proposed bond plans to finance state operations for 1972 73. The article warns that $450 million in public free school bonds could cost taxpayers up to $810 million over 25 years, with higher rates or weak oil and gas income raising costs further. It notes another $71 million in bonds for new universities and medical schools would be paid by two years of tuition plus ongoing state support, and questions the federal share for welfare funding could trigger a special session and new taxes.
MENTIONED IN THIS ARTICLE
Garth Jones
Associated Press
Preston Smith
Smith
University of Texas
Gus Mutscher
Rep
W.S
Bill) Heatly
Paducah
Jones
DeWitt Hale
Corpus Christi
Judiciary Committee
John Traeger
Seguin
James Nugent
Kerrville
Dick McKissack
Dallas
Mutscher
Frank Calhoun
Abilene
Senate
Charles Wilson
Lufkin
Burton G. Hackney
AFDC
Texas College and University System
Railroad Commission
Texas
Mobil
Democratic Executive Committee
Atty
Crawford C. Martin
Moody Foundation Board
Legislative Interim Study Commission
Orange County
Louis Dugas Jr
First electronic highway system demo at RCA Princeton
The World Almanac recalls that in 1960 demonstrations used an automobile controlled by buried wire cables under pavement. The cables sent impulses to electronic circuits in the vehicle to automatically slow and prevent collisions.
MENTIONED IN THIS ARTICLE
Vladimir Zworykin
RCA Laboratories
Princeton
N.J
A War Prisoner Remembers Swiss Aid and Hope
A World War II prisoner recalls the Swiss mediation visit that affirmed his country’s care. He contrasts the relief of knowing America cared with the loneliness of solitary confinement, saying such hope sustains prisoners of war and their families through hardship.
MENTIONED IN THIS ARTICLE
Washington
Nea
North Vietnam
Cena
U.S
Tokyo
Governor proposes deficit finance to balance Texas budget
Gov. Preston Smith told lawmakers the $6.8 billion budget can be balanced without new taxes by deficit financing, bond issues, and federal assumption of welfare costs. He outlined a package of constitutional amendments and financing plans, while critics warn of too many ifs and uncertain federal action.
MENTIONED IN THIS ARTICLE
Vern Sanford
Texas Press Association
Austin
Tex
Preston Smith
Texas
Congress
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Hal Boyle
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Puerto Rico
Bahamas
New York State
Joseph Zaretski
Sen
William Proximire
D-Wis
Uberals
Feds
Newspaper Enterprise Assn
Ray Cromley
U.S. Cares
Advisory Committee On Marine Resources
Sea Grant College
Insurance Board
Michael P. Metcalf
Dumas
Martin
Texas Water Rights Commission
Chambers
Jefferson
Liberty
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