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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 01, 1973
Page
7
Hosmer argues for retaining ships at Long Beach to avoid a $10 million San Diego expenditure and to ease docking needs. He warns that removing ships would invite local pressures to seize the land and threaten the base's hold on the real property.
The article traces Senate Watergate hearings and a confidential meeting with Dash. It reports Ervin asserting Senate prosecution powers, notes disputes among Gen. Cushman Ehrlichman Haldeman Helms and Walters, and cites McClellan Nedzi on conflicting sworn versions.
The Senate Finance Committee met briefly in a closed session and adopted California's 1973-74 budget with no figures released. The panel sent the write-up to the floor for speedy action while Amended totals await completion, as Gov Reagan’s $9.32 billion proposal is refined.
Lifeguards report tens of millions of pink phaligic crabs washed ashore along South Bay, covering Hermosa Beach from Pier Avenue to nearby shores. The unusual Davidson Current carried the crustaceans, expected to vanish with the falling tide or be eaten by sea life.
Nixon adviser Henry Kissinger said both presidents share identical interests with disagreements on how to reach goals. Nixon and Pompidou left Keflavik with no mass summit commitment, though officials called the talks constructive and cordial. Pompidou spoke to reporters before heading to Paris for a European tour.
Two Long Beach Independent, Press Telegram staffers earned first place honors in AP News Executives Council writing and photography. Joanne Norris of Southland Sunday magazine won for a fire-related family story. Curt Johnson captured a feature photo titled Stickup. Presentation set for the APMEC banquet in Palo Alto on June 21.
Capt. Billy Dean Franklin relieved Capt. James H. Foxgrover at Miramar Naval Air Station as Foxgrover moved to rear admiral rank and a Pentagon desk post. The changeover occurred during a formal ceremony on base.
A news page notes Greece moved to abolish the monarchy and regain a republic. Premier promises elections for a new Parliament by year end 1974 after the 1967 military coup left no Parliament.
San Diego financier Arnholt Smith, known as a Nixon confidant, faces a SEC civil suit with associates and firms over alleged fraudulent schemes to strip assets from Westgate California Corp and U.S. National Bank. The action seeks a temporary injunction and a receiver to oversee assets amid claims of inflated profits and insider deals. The case ties to Smith’s sprawling empire including banks, hotels, and the Padres, with ongoing SEC and IRS probes and a market halt on Westgate and Air California stock.
A 128 day walkout at the Wilmington, Martinez, and Dominguez plants ends with a retroactive 19 month pact. Union members gain a health and safety committee to review conditions and suggest safety measures for Southland and Martinez facilities. Pension-review boards were excluded. The strike was called an environmental action with Sierra Club backing. elsewhere Shell unions continued striking in Washington, Colorado, and Louisiana.
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