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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Mar 03, 1978
Page
3
Washington moves to confirm G William Miller as Federal Reserve Board chairman as he pledges to tackle U S economic woes including a sagging dollar abroad. Senate vote expected after Banking Committee backed Textron executive for central banker post.
In Monimbo near Managua the dirt poor neighborhood has emerged as a national symbol of resistance to dictator Anastasio Somoza. Over 45 dead and 100+ injured in three weeks as residents clash with National Guard using rocks, fire bombs, tear gas, and gunfire. Red Cross reports mass casualties and widespread gas exposure.
Former Texas Governor John Connally told reporters in Wichita that a strong U.S. energy policy is essential to prove fiscal responsibility and bolster the dollar. He blamed Democrats for the lack of policy, inflation, unemployment, and deficits, warning the dollar could sink further and the stock market rise to 650 in six months. He praised the GOP as a working people party and discussed Panama Canal treaty politics and Bob Dole as a future contender.
About 100 federal investigators sift through the wreckage of Continental Airlines DC-10 near Los Angeles. They ruled out pilot error and wet runway as factors while examining wheels braking gear and cockpit readings. The crash killed two of 198 aboard and injured 74.
In Corsier Sur Vevey Switzerland police report no clues to the grave robbers who stole Charlie Chaplin's body from a small unguarded village cemetery. No ransom demand has appeared. The coffin was carried off between nightfall and dawn with the cross at the grave head undamaged. Chaplin, who died December 25, was buried in a simple grave near Manoir de Ban. The case follows other famous thefts of remains in recent years.
Details revolting reveal Tongsun Park providing the House ethics committee with seamy and ugly details on commissions from U S rice deals amid an alleged bid to buy congressional influence for South Korea. Rep Bruce Caputo and Rep Millicent Fenwick described the testimony as revolt ing and ugly while noting Park outlined payments and a network of American businessmen and Koreans.
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