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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jul 06, 1973
Page
6
The June unemployment rate fell to 4.8 percent with 650000 more employed, bringing total employment to 84.7 million. Teenagers cut unemployment while adult women rose, blacks declined, and Vietnam veterans showed mixed results as the civilian labor force grew to 88.9 million.
Premier Chou En-lai told U S congressmen in Peking that China fully supports the Cambodian government in exile of Prince Sihanouk. He said U S bombing in Cambodia is futile and China will not rush to aid Cambodian rebels, noting patience has limits and Cambodia must resolve its own fate.
Foreign Minister Long Boret announced Cambodia's government would pursue an immediate unconditional ceasefire with the Khmer Rouge and North Vietnamese allies, open to negotiations for lasting peace. He said a cease-fire could precede talks if the other side agrees, and a withdrawal of 40,000 North Vietnamese troops would not be a prior condition. He criticized Norodom Sihanouk's stance as misrepresenting the rebels, warning peace talks hinge on their acceptance.
A blast and resulting fires crippled parts of the Mojave desert region harming at least three people and wounding about 70. Victims were rushed to Mojave County General Hospital with seriously burned individuals transported to Phoenix and Las Vegas. Fire crews battled the blaze for hours as trains were halted and highway traffic stopped.
The Federal Reserve Board approved higher interest ceilings for passbook savings and certificates, while Bank of America kept passbook rates at 4.6 percent and raised time deposits. The FDIC and FHLB also raised ceilings, prompting criticism from Rep. Patman who accuses policy of fueling higher rates. HUD Secretary Lynn says higher FHA mortgage caps will sustain FHA funding for home buyers.
Three basketball players from Long Beach were shot in an alley attack near Anaheim Street. Frank Wawkins, 27, was hit in the shoulder. Thomas Brady, 23, suffered a left hand wound. Luther Washington, 18, was struck in the right arm. They were treated and released from St. Mary's Hospital. Investigators said suspects fled in two cars, a red 1962 Corvair among them, heading west.
Spater disclosed he took full responsibility for a corporate donation to Nixon’s campaign as United States officials said the airline hired Kalmbach in Los Angeles and denies other corporate campaign contributions. The admission follows talks of reform urged by Common Cause, with Gardner praising transparency and urging other firms to disclose secret gifts.
The famed slapstick star Joe E Brown died at age 93 reflecting on changing cinema tastes and taboos He loved athletes and pitched for UCLA fans at games His birthplace was Holgate Ohio and burial plans were listed as pending at Forest Lawn Glendale California Princess Ifat of Saudi Arabia was admitted to Cleveland Clinic for unknown reasons
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