British leader predicts gloom for U S after Vietnam collapse
Sir Robert Thompson, famed guerrilla fighter, warns that abandonment of South Vietnam will erode U S credibility and trigger a vast rise in defense spending. He argues allies will reassess support and calls for Washington to reassert commitment while Europeans face security doubts.
MENTIONED IN THIS ARTICLE
South Vietnam
U.S
Free World
Robert G.K. Thompson
Thompson
Britain
Malaysia
America
Congress
South Korea
Australia
New Zealand
United States
Portugal
NATO
Israel
Holland
Soviet Union
Vietnam
Ireland edges toward energy independence with offshore gas finds
Editorial notes Ireland’s offshore gas strike near Cork estimated at over 1 trillion cubic feet, plus two other strikes and 60 international firms drilling. Investment totals by outsiders reach $700 million yearly as US Europe Japan and Australia set up operations, boosting manufacturing and high tech jobs while emigration slows but living standards trail Western Europe.
MENTIONED IN THIS ARTICLE
Northern Ireland
Republic of Ireland
Ireland
U.S
Cork
Industry Week Magazine
Irish Industrial Development Authority
Europe
United States
Canada
Japan
Australia
Emerald Isle
Spain
Plants blamed for six day DC area air alert
A six day Washington DC area air pollution alert in August was attributed to vegetation rather than autos. The Naval Research Laboratory study found terpene-like hydrocarbons evaporating from Appalachian vegetation caused the pollution, with rain samples showing no vehicle exhaust hydrocarbons. In heat over 90 degrees, plant emissions could exceed auto pollution by a factor of about one hundred.
MENTIONED IN THIS ARTICLE
Washington, D.C
Assn
U.S. Naval Research Laboratory
Appalachian Mountains
NRL
Appalachian
Economic upturn seen as money supply upped
AP News analysis notes an anticipated second-half upturn supported by Federal Reserve Chairman Arthur Burns proposing a 5 to 7.5 percent growth in money supply. Economists and policymakers remain cautious about inflation, recession risk, and the elusive timing of jobless rate declines, with treasury data suggesting tax revenues improving and credit markets easing. The Dow edges toward a pre-crash level, yet uncertainty lingers about inflation and boom-bust cycles as markets reflect public sentiment and institutional trading.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
Arthur Burns
Federal Reserve Board
Burns
Alan Greenspan
Council of Economic Advisers
Treasury Department
May 6 in history 1975 highlights and birthdays
On this date significant events include the 1942 Corregidor surrender after 150 days of resistance, Marx's 1818 birth in Prussia, Arkansas secession in 1861, the Eiffel Tower opening in 1889, Valentino born in 1895, Edward VII's death in 1910, Stalin becoming premier in 1941, and various political shifts. Notable birthdays include Willie Mays and Orson Welles. Thought for today and a snow-water fact conclude.
MENTIONED IN THIS ARTICLE
Associated Press
Corregidor
Karl Marx
Prussia
Arkansas
Union
Eiffel Tower
Paris
Andloph Valentino
Italy
Britain
Edward VII
Joseph Stalin
Soviet Union
V.M. Molotov
Organization of American States
Dominican Republic
South Vietnam
U.S
Cambodia
Willy Brandt
West Germany
Willie Mays
Orson Welles
John Dryden
Valuable Swine Tie Namba Status To Tusks On Malekula
In the New Hebrides, the Namba people prize tusked male pigs as a measure of wealth and social standing. At one year old, upper canine teeth are removed to allow lower tusks to grow in a curved circle, with greater curvature elevating the pig’s value for marriage and ritual instruction.
MENTIONED IN THIS ARTICLE
Malekula Island
New Hebrides
War's architects silent on Vietnam defeat and denial
The article reviews how key policymakers after Vietnam refuse to admit errors or reveal truths. Bundy, McNamara, Rusk, Laird, Westmoreland avoid comment as public doubt grows. Clark Clifford argues leaders spurn self criticism, fearing vindication and worsening national doubt. The piece links leadership denial to lasting political and social gloom.
MENTIONED IN THIS ARTICLE
Washington
NEA
Southeast Asia
McGeorge Bundy
Robert McNamara
Melvin Laird
Dean Rusk
William Westmoreland
Westmoreland
U.S
South Vietnam
Clark Clifford
Defense
Lyndon Johnson
Vietnam
Clifford
United States
Hanoi
Saigon
Australia
California
Tonkin Gulf
Congress
Johnson
Richard Nixon
Nixon
Christian Boyee
Asia
Ford Foundation
Bob McNamara
World Bank
America
Tom McIntyre
D-N.h
Crowding Out Goliath in America Capital Market
The piece argues federal deficits crowd out private savers in the capital market, risking sky high interest rates and recession. It warns monetizing debt would spark severe inflation, urging reduced government spending and increased incentives to save to grow the money supply.
MENTIONED IN THIS ARTICLE
Goliath
Little Davids
America
You
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Texas Press For
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Dick Turner
Pop
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Ower
Texas
John Tower
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