Wage-price curbs to last until inflation ends Connally
Connally outlined the administration plan for wage and price controls through Phase II. He noted the freeze remains in effect until Nov 13 and that two new boards, the COLC and the Pay Board, would set standards, enforce actions, and potentially relax controls early if inflationary pressure lessens. He defended the program as a path back to a free market and warned the boards will have authority to pursue legal action against violators.
MENTIONED IN THIS ARTICLE
Connally
COLG
Pay and Price Boards
Ture
Afl-Cio Bas
Afl-Cio
George Meany
Nixon
Fitt Connally
Meany
Connally S
Price Commission
Wage Board
Isbor
Congress
Mansfield Backs Nixons Proposals Labor Balks
Mansfield backs Nixon economic program including wage and price freezes while urging tax relief for individuals. GOP leaders and business groups praised restraint measures though labor unions warned of unemployment gaps. News notes Nixon travels to Davis and Hawkins College for Mountain State Forest festival amid heat wave.
MENTIONED IN THIS ARTICLE
Mitttee
House
Mansfield
Nixon
Congress
Afl-Cio
Bureau of Labor Statistics
Jacob K. Javits
RNY
Javits
Washington
West Virginia
Davis and Hikins College
Nixons
David
Viet Cong Release Brings Warren GI Home With Christmas Dinner Hopes
Sgt John C Sexton Jr is freed after Viet Cong captivity and flown to Long Binh. His father recalls a dawn announcement in Warren Michigan and the wish for a Christmas dinner with all the trimmings. Secretary Laird praised Sexton’s safe return and noted concern for other captives. Bayh’s wife undergoes emergency surgery in Washington.
MENTIONED IN THIS ARTICLE
John C. Sexton Sr
Mildred
Warren
Mich
John Sr
AP Wirnenelo
Saigon
Sexton
Nickie
Dinah
Sue
Washington
Defense
Melvin R. Laird
Detroit
UPL
John C. Sexton Jr
Works
John
Long Binh
Vietnam
Chevrolet
Port Idle as Pickets Block West Coast Harbor
Negotiations continue with both sides apart while progress toward a new agreement is reported. The San Francisco hearing seeks to exclude the IAM from a court order. Longshoremen are kept from crossing lines. port operations in Long Beach maintain ship unloading only with guaranteed gangs as the port marks its 100th day of strike history.
MENTIONED IN THIS ARTICLE
Long Beach
Palm Springs
San Gabriel
Edwards
Machinist Union
Herbert Ansell
San Francisco
Federal District Court
IAM
Spencer Williams
Tha Longshore Men's Union
Port Tiowp
West Coast
Col
Les, Sellers
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Plent
New York T
Nix- On
Price Board
Russia
Moscow
UPI
Soviet Union
Britain
John Killick
Mao
Selassie
Paris
Peking
Mao Tse-tung
Haile Selassie
Ethiopia
China
Voise
Gerald R. Ford
Michigan
Edward W. Brooke
R-Mass
National Association of Manufacturers
Nixo
NAM
W. P. Gallander
Mansfields
Snc
Russell B. Long
DeLa
Finance Com
Abraham Ribicoff
D-Conn
Treasury
John B. Connally
Ribbott
William Proxmire
D-Wis
Senate
Harvard
John Kenneth Galbraith
Kennedy
Milton Friedman
L.B
Viet Cong
Laird
Southeast Asia
A, le
Mark Downs
Fifa