Monroe payroll default shocks City of 56,400
Monroe Louisiana failed to meet payroll for about 40 percent of its workers, about 1100 city employees and 450 City Hall staff went unpaid. Mayor W L Howard called the situation terrible for city employees as funds run out.
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Monroe
W.L Howard
Tax cuts extended in sweeping major revision bill
President Ford is set to sign a broad tax bill extending last year’s multibillion dollar income tax cuts through 1977. It broadens business cuts, adds a minimum tax on the rich, loosens estate and gift taxes, expands pension plans for housewives, and cuts family bills up to 800 dollars yearly for babysitting costs. Overall, the package costs 54.6 billion over five years with net revenue impacts from various tax changes.
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Washington
Ford
Congress
Truck wreck scatters pennies over highway
KIT CARSON Colo AP a truck carrying 57500 in pennies collided with a cattle truck killing two people and many livestock and scattering millions of pennies along US 287 near seven miles west of here The pennies were destined for the Federal Reserve Bank in San Antonio Texas and many bags were either burst or unrecovered officials said The dead were Fred J Brannon 30 Denver and Judith A Wittler 25 Boise City OK The cattle truck driver Cecil Jenkins 19 Campo Colo received minor injuries
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Kit Carson
Colo
Betty Highby
Denver Mint
Federal Reserve Bank
San Antonio
Tex
Colorado State Patrol
U.S. 287
Fred J. Brannon
Denver
Judith A. Wittler
Boise City
Oklo
Cecil Jenkins
Campo
Cheyenne County
Murray Renner
Renner
Kissinger Pursues Mediation in Rhodesia Talks
Secretary of State Kissinger continues a diplomatic shuttle in southern Africa meeting Joshua Nkomo in Lusaka before heading to Pretoria for talks with South African Prime Minister Vorster. He aims to press for negotiations with SWAPO and a plan for black majority rule in Rhodesia by 1978, with a possible Kissinger Smith meeting speculated in Pretoria.
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Lusaka
Zambia
Henry A. Kissinger
Africa
Joshua Nkomo
Pretoria
John Vorster
U.S
African National Council
Kissinger
Rhodesia
Ian Smith
South Africa
Kenneth Kaunda
South- West Africa
Kaunda
Vorster
Kissinger-Smith
Smith
Ford
SWAPO
Voster
Namibia
Vietnam Likely to Gain IMF World Bank Aid Links
Vietnam may soon join the IMF and World Bank, opening access to aid programs including the IDA. U S officials note Hanoi already won IMF membership amid U S opposition and may soon qualify for interest free loans from the IMF Trust Fund, with potential funds rising from 174 million to about 2 billion.
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Vietnam
United States
International Monetary Fund
World Bank
Hanoi
IMF
U.S
Socialist Republic of Vietnam
International Development Associaton
IDA
Nam
Congress
Trust Fund For
Orbiter craft unveiled in California for space shuttle program
In Palmdale California the 122 foot long orbiter named Enterprise is unveiled at Rockwell International. NASA estimates a $205 million project cost with a $5.2 billion six year plan for additional shuttles. Testing begins next year at Edwards AFB with first space flight in the early 1980s.
MENTIONED IN THIS ARTICLE
Palmdale
Calif
Rockwell Interntional
National Aeronautics and Space Administration
Edwards Air Force Base
Earth
U.S
Hearst awaits sentencing in bank robbery case
Patricia Hearst, jailed in San Diego, to be brought to San Francisco for sentencing on bank robbery charges. Judge Orrick Jr will decide within a range up to 35 years. Hearst, 22, has undergone psychiatric testing and may seek time served credit and probation her attorney says. She shows interest in magazine ventures of her father and writing once free.
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Tim Reitherman
Associated Press
SAN Francisco
Patricia Hearst
San Diego
Miss Hearst
Albert Johnson
William H. Orrick Jr
Orrick
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