Nixon Burns split over policy could affect economy
A rift between President Nixon and Federal Reserve Chairman Burns over economic policy persists. Burns accuses insufficient inflation controls while Nixon weighs possible board restructuring. The dispute centers on money supply, fiscal policy, and how to curb rising prices amid slow growth.
MENTIONED IN THIS ARTICLE
Nixon
Burns
Associated Press
Washington
Arthur F. Burns
Federal Reserve Board
Federal Reserve
White House
162 aboard Japanese jet in crash on northern route
A Boeing 727 with 162 on board and a Japanese F86F fighter collided over northern Japan and crashed, possibly the worst aviation disaster. Ninety six bodies were recovered by nightfall, with parts of the wreckage found as search efforts continued.
MENTIONED IN THIS ARTICLE
Japan
Edwin
White
Associated Press
Tokyo
All Nippon Air
Donn M. Carpenter
Detroit
Mich
House panel approves desegregation aid bill
A House Education subcommittee narrowed a deadlock and backed a 1.5 billion dollar bill to assist desegregation in schools. One third funds this year, two thirds next year, with a 14 to 1 vote. Passage in time for fall enrolment seems unlikely. The panel also rejected a 5.3 billion general school aid fund 11 to 9.
MENTIONED IN THIS ARTICLE
Washington
House
Congress
Roman C. Pucinski
Dill
Nixon to attend Pro Football Hall of Fame dinner
President Nixon plans to attend the annual dinner at the Pro Football Hall of Fame in Canton tonight. He will deliver closing remarks for the event honoring seven players enshrined this week and will stay overnight in Akron before continuing to Iowa and California.
MENTIONED IN THIS ARTICLE
Canton
Ohio
Nixon
Akron
Iowa
White House
San Clemente
Calif
Plane forced to land at Florence airport with Ray Charles aboard
A Viscount four engine plane carrying Ray Charles and the Raylettes with 26 aboard landed at Florence Municipal Airport after smoke filled a compartment beneath the cabin. Airport manager Tommy Griffin said the smoke came from a melting battery, no fire was detected.
MENTIONED IN THIS ARTICLE
Florence, S. C
Sinter
Ray Charles
Raylettes
Florence Municipal
Tommy Griffin
Tennessee Ernie Ford Foods faces injunction over name use
Chancery Court Judge Nedlentz barred Tennessee Ernie Ford Foods Inc from using Ford's name or likeness pending a hearing. Ford alleges $125,000 in royalties and contract default after warning in March and seeking termination. The temporary injunction pauses further action until the court hears the case.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
Chancery Court
Nedlentz
Tennessee Ernie Ford Foods, Inc
Ford
Lentz
Chavez son of Cesar Chavez wins conscientious objector status
Fernando Chavez, 22, UCLA political science student, was granted conscientious objector status by U.S. District Court Judge M D Crocker. He was acquitted of a charge of refusing induction into the armed forces. Cesar Chavez, his father, and the family testified to a nonviolence belief.
MENTIONED IN THIS ARTICLE
Fresno
Calif
Fernando Chavez
Cesar Chavez
U. S. District Court
M. D. Crocker
Chavez
University of California In
Los Angeles
Afl-Cio
United Farms Workers Organizing Committee
Rails Hit by UTU Strike Expands Across Rail Lines
United Transportation Union members strike six more railroads pushing shut lines to ten total as White House hosts a meeting with industry and labor leaders. The action affects Santa Fe Alton and Southern Houston Belt and Terminal Duluth Mesabi and Iron Range Bessemer Lake Erie Elgin Joliet and Eastern.
MENTIONED IN THIS ARTICLE
Washington
United Transportation Union
White House
UTU
Cleveland
Santa Fe
Alton & Southern
Houston Belt & Terminal
Duluth
Mesabi & Iron Range
Bessemer
Lake Erie
Elgin
Joliet
Eastern
Nixon
Southern
Union Pacific
Southern Pacific
Norfolk & Western
James D. Hodgson
Labor
John A. Volpe
Transportation
Paul W. McCracken
Council of Economic Advisers
George P. Shultz
Office of Management and Budget
George A. Lincoln
Office of Emergency Preparedness
Asst
W.J. Usery Jr
Apollo 15 Prepares for Riskiest Moon Landing Yet
AP reports Apollo 15 astronauts David Scott and James Irwin will attempt a precise Falcon descent into the Appenines basin near 12,000 to 15,000 feet peaks above the lunar valley. The crew adjusted orbits for a safer engine ignition and will land Thursday, with TV viewing from 65 miles to seven miles altitude. NASA scientists describe the mission as a journey to the solar system’s creation age, amid hopes of discovering ancient lunar remnants near Hadley Rille.
MENTIONED IN THIS ARTICLE
AP Aerospace Winter Space Center
Houston
Earth
Appennine Mountains
David R. Scott
James B. Irwin
Lunar
Scott
Irwin
Falcon
Mission Control
Apennines
Alfred M. Worden
Worden
Apennine Mountains
Rover I
Joseph P. Allen
U.S
Death Valley
Sierras
Hadley Rille
Secrecy Fight Threatens Foreign Aid in Senate Move
The Senate Foreign Relations Committee votes to cut off all foreign military aid if the Defense Department withholds information. Fulbright demands details from Melvin Laird and warns of a 1961 law action while Nixon may invoke executive privilege. Rusk and Harriman oppose broad aid cuts and discuss Kissinger’s possible testimony on Nixon’s China trip.
MENTIONED IN THIS ARTICLE
Senate Foreign Relations Committee
Sen
J.W. Fulbright
Melvin R. Laird
Nixon
Fulbright
Congress
Laird
Senate Judiciary Subcommittee
Dean Rusk
W. Averell Harriman
Rusk
Harriman
Henry A. Kissinger
China
Kissinger
Chou En-lai
Steel industry strike decision due today
A 600 member steelworkers union conference will vote on the industry offer or a strike. Leaders report no hope the current proposal will be approved, seeking three year wage hikes and a strong cost of living protection to cover 350,000 workers in nine firms and potential pattern use for 150,000 more.
MENTIONED IN THIS ARTICLE
Molony
Can
I. W. Abel
R. Heath Larry
U.S. Steel Corp
Steel
Gary
Ind
Inland Steel
East
Chicago
Youngstown Sheet & Tube
Ohio
Bethlehem Steel
Lackawanna, N.Y
Republic Steel
Abel
FPC urged to reopen hearings on Oklahoma Tex pipeline
The Federal Power Commission was asked to reopen hearings on a pipeline into Oklahoma and Texas by Oklahoma Natural Gas Co. after an examiner suggested ARKLA could extend its line into the Anadarko Basin. ONGC said new evidence questions ARKLA gas reserves and financing ability, presented after hearings concluded.
MENTIONED IN THIS ARTICLE
Washington
Federal Power Commission
Oklahoma
Texas
Oklahoma Natural Gas Co
FPC
Arkansas-Louisiana Gas Co
Anadarko Basin
ARKLA
Nixon administration targets 1973 budget near 250 billion
The Nixon administration plans about 250 billion dollars in fiscal 1973 under its full employment budget concept, a level seen as within the ballpark of the total to be sent to Congress. Officials say the figure does not confirm a new large deficit, citing full employment surpluses for some years.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Nixon
Congress
Also Mentioned on This Page
By Bill Neikirk
Senate House Joint Economic Committee
Joint Economic Committee
Treasury
John B. Connally
Air Self-Defense Force
Kokkaido
Yoshiwara Bereaved Family Association
All Nippon Airways
Tennessee
Ernie Sues
Pentagon
Arkansas Democrat
Neil Gilbride
Wheeling-Pittsburgh
Armco Steel
Allegheny-Ludlum, National
Jones & Laughlin
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