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Press Telegram in Long Beach, California

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Jul 24, 1974

Page

2

Unanimous Senate Urges Nixon to Call Economy Summit

The Senate voted 38 to 5 in favor of a resolution urging President Nixon to convene a domestic summit conference. It would bring leaders from Congress, business, and labor to craft a comprehensive new economic program to address the nation’s economic quagmire. Senator Walter D. Huddleston, D Kentucky, was among the sponsors.

Senate Washington UPI Nixon Congress Business Labor Walter D. Huddreston D-Ky

Nixon economic talk highlights a business briefing

Southern California executives including John C. Crean attend a three hour session with President Nixon at San Clemente reviewing inflation plans. Nixon rejects wage and price controls and points to defense spending and regulatory changes as inflation drivers while promising a forthcoming economic address.

Bob Houser Southern California Nixon San Clemente John C. Crean Fleetwood Enterprises Riverside Crean

Greenspan Nominated as Economic Advisor by Nixon

President Nixon nominated Alan Greenspan, a New York economic consultant, to head the Council of Economic Advisers. Greenspan, 44, is described as a conservative business economist and critic of wage price controls, and must win Senate confirmation. He would succeed Herbert Stein as chairman after discussions with Greenspan and business leaders at the Western White House.

Nixon Stein Kenneth Rush New York David Rockefelier Carl Madden U.S. Chamer of Commerce Senate White House Nixa Alan Greenspan Greenspan James L. Buckley San Clemente Alan Greenspat U.S Herbert Stein Advn Council of Economic Advisers Connell Vno Businessmiet Teamsters Frank J. Fitzsimmons

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Lory Geachallt Ee Wenn Frank Pilzsimi Mieans Cresa Buckley Charles H. Percy Hll L Sen Famund Muskie House Environmental Protection Agency California Cane Grove Carden Grove Lebiineqnek Moil Kitchens OF Long Beach Jcpenney Penn-Prest Parisienne Fashion Manor Cpenney Montgomery Ward GAS & Electric Brower Rererator Chapman Ave Garden Grove Wile Beach Blvd
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