Dollar slides as Europe lacks Fed support
The dollar weakened on European exchanges amid limited central bank backing after earlier Fed purchases. Other notes mention a Texas hearing on Artesia Hall, U.S. Senate approval of a gold ownership amendment, and various international updates from Madrid to Phnom Penh.
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Spanish treasure now in drunk tank
Part of a 1622 Spanish galleon treasure valued at about 600 million dollars was flown to the Florida state archives in Tallahassee and placed in a former jail drunk tank under guard. Treasure Salvors Inc. says the haul includes 1 172 Spanish pieces of eight three 62 pound silver bars and an astrolabe. The state will keep 25 percent after assessing historical value.
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Pere Lachaise Cemetery A Vast Icon Of Paris History
The Pere Lachaise in eastern Paris is Europe’s largest cemetery and a centuries old cultural hub. It draws visitors for its famed tombs of Heloise and Abelard, Moliere, La Fontaine, Proust, Wilde, and others, alongside birds, cats, and spiritualists.
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Mondale pushes Canada route for Alaska oil pipeline
Senator Mondale urged delaying the Alaska pipeline action to study a Canadian Mackenzie Valley route. He wants a NAS 11 month study comparing economic environmental and national security aspects of alternative paths. Dissenters warn Canada route may limit U S access.
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Officials fear new Phase 4 controls won’t work either
Washington AP officials in the Nixon administration debate the yet to be announced Phase 4 wage price controls and their likely public reception. A participant predicts disillusionment and possible early end to controls, with plans for quick termination tied to crop forecasts and potential new fiscal actions. Treasury eyes fiscal measures as the White House signals a near but not immediate announcement.
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Final arguments begin in Moyer theft trial
Final arguments were to begin in the felony theft trial of former Rep. Hudson Moyer in Austin Texas. Testimony from several House employees challenged key parts of Moyer’s defense including copies printed for abortion and teacher retirement bills and the handling of envelopes and stamps. Witnesses described limits and procedures on the House Xerox machine and envelope signouts, while defense and prosecution disputed the scale of alleged misconduct.
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Virus linked to cancer in animals prompts caution on human risk
A slow-acting virus shown to cause cancer in animals could help reveal if viruses trigger any human cancer and may shed light on medulloblastoma in children. No evidence links it to cancer in people, said Dr. Donald Tower of NINDS, citing Johns Hopkins work by Dr. Richard Jonson and colleagues.
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Grandmother slays mountain lion with butcher knife
In Rapid City at Bear Country a mountain lion leaped into a motor home and mauled 18 month old Jason Cowden. Grandmother Mrs Peter Underdahl wrestled the animal, stabbing it with a butcher knife and praying for strength. The child remained in serious condition in hospital.
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