Bonn picks new leader s of finance
Chancellor Brandt appoints Defense Minister Helmut Schmidt to replace Karl Schiller as economics and finance minister in Bonn. Schmidt must win public trust amid inflation fears as the Cabinet limits foreign currency inflows and European rivals favor tighter controls.
MENTIONED IN THIS ARTICLE
Bonn
Germany
Willy Brandt
Helmut Schmidt
Karl Schiller
Schiller
France
Schmidt
Brandt
Nixon seeks economy experts to curb food costs
President Nixon called in Treasury Secretary George P. Schultz consumer adviser Virginia Knauer and other Cost of Living Council members for jawboning sessions with food industry executives at the San Clemente White House. The aim is to curb rising food costs amid inflation as Congress faces an election year. Nixon and aides criticized Democrats for fiscal measures that exceed budget limits, threatening vetoes if bills overspend. Officials noted the consumer price index rose about 4 percent annually in early 1972, with May at 4.8 percent, and acknowledged low odds of hitting a 2.4 percent target. Nixon also met military experts reviewing Vietnam ahead of resumption of peace talks in Paris.
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Nixon
Congress
Treasury
George P. Schultz
Virginia Knauer
Herbert Stein
Council of Economic Advisers
Cost of Living Council
San Clemente White House
Norsday
Mixon
William ‘Timmons
White House
Vietnam
Paris
Radioactive iodine and gold theft reported at Buena Park lab
A thief stole a lead lined box containing radioactive iodine and liquid gold from Nuclear Medical Laboratories in Buena Park. The box was taken from a truck at 6900 Knott Ave between 2 p.m. Wednesday and 8:30 a.m. Thursday. Police say the material posed little danger and would decay to harmless levels in about 100 days. The loss is estimated at about $30. Separately, defenseman Jim Dorey joined the New England Whalers after leaving the New York Rangers, a notable NHL move.
MENTIONED IN THIS ARTICLE
Nuclear Medical Laboratories, Inc
Buena Park
John McCormick
Knott Ave
Beteen
Sel. McCormick
Mormons Elevate Elder Lee To Church Presidency
Elder Harold B. Lee was named president of the Church of Jesus Christ of Latter-day Saints. Elder N Eldon Tanner and Elder Marion G Romney were named first and second counselors in the First Presidency. Spencer W Kimball becomes president of the Council of Twelve in June. Lee becomes church president at 73, the youngest in 40 years, succeeding Joseph Fielding Smith Jr. who was buried after a funeral at the tabernacle. The church, based in Utah, has grown to about 5 million members globaly and will gain a new leadership slate with Lee at the helm.
MENTIONED IN THIS ARTICLE
Salt Lake City
Harold B. Lee
Church of Jesus Christ of Latter-day Saints
N. Eldon Tanner
Marion G. Romney
Mormon Church
Spencer W. Kinball
Council of Twelve
Lee
Joseph Fielding Smith Jr
Smith
First Presidency
LDS Church
Tanner
Romney
Council of the Twelve
U.S. pushes new antidote research to curb heroin use
The White House announces a $2 million drive to develop long lasting non addictive chemical compounds to prevent heroin addiction and aid treatment. Nine contracts for clinical and pre clinical testing were awarded as officials cite potential to prevent experimentation by youths and reduce relapse.
MENTIONED IN THIS ARTICLE
Washington i
White House
Special Action Office For
National Institute of Mental Health
Pearl Buck Resting in Rutland Hospital After Illness
UPI reports author Pearl S Buck, 80, resting comfortably at Rutland Hospital recovering from pleurisy. President Nixon sent a telegram praising her courage and predicting a full recovery to continue her writing.
MENTIONED IN THIS ARTICLE
Rutland, WI
UPI
Pearl $. Buck
Rutland Hospital
Nixon
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