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Press Telegram in Long Beach, California

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Sep 28, 1971

Page

2

Stans reports 1211 firms pledge dividend hold during freeze

Commerce Secretary Maurice H. Stans announced that 1,211 of the largest U S corporations agreed not to raise dividend rates during the wage price rent freeze. He said 31 had not replied and eight declined comment. Stans urged voluntary cooperation as he rebutted critics of Nixon policy and outlined profits and tax figures to justify current policies.

Washington If Commerce Maurice H. Stans Bell International International Food Services Morton-Norwich Products Norfolk and Western Railroad Leslie Soy Industies Leeds Inc Botany Industries Plessey Inc Stans Commerce Department Nixon America

Three Premiers press Ireland peace effort

London’s Edward Heath Northern Ireland’s Brian Faulkner and Ireland’s Jack Lynch urged a rapid halt to violence in Northern Ireland and an end to internment without trial. They seek harmony between feuding Protestant and pro republican communities as Londonderry surgeon fights to save Pvt. Roger Wilkins after a sentry post attack. The violence has killed 119 in two years with soldiers targeted by Molotov cocktails nails bombs and gunfire. five Ulster Defence Regiment soldiers were wounded in a roadside ambush.

London Northern Ireland British Isles Britain Edward Heath Brian Faulkner Irish Republic Jack Lynch Londonderry Roger Wilkins Catholic Bogside Ulster Defense Regiment Ewe

McNamara warns of overpopulation crisis

World Bank President Robert McNamara warned that rapid population growth threatens underdeveloped nations with severe malnutrition and unemployment. He urged intensified population planning, noting studies show doubling birth rates by 2040 could push developing countries to about 14 billion people, while achieving two children per couple by 1960 could avert over four billion.

Washington World Bank Robert McNamara Signation International

Black leaders map election strategy at closed meeting

About 50 black elected officials and strategists met in Northlake for two days to discuss strategies for increasing black influence within the Democratic Party ahead of the 1972 convention. They formed five committees, planned regional gatherings, and considered a favorite-son approach or a single black presidential candidate. A post convention plan and broader regional outreach were also discussed, with no public statement issued.

Northlake Dl.ui National Assembly Georgia Julian Bond Tennessee North Carolina New York Califor

Senators urge backing U.N. seat for Nationalist China

Nineteen senators led by James L. Buckley urged preserving Nationalist China’s United Nations seat and warned that expelling the Republic of China while admitting the Peking government would force a reassessment of U.S. financial and moral support to the U.N. The statement, backed by multiple Republicans and a few Democrats, stops short of promising action but presses for continued ROC support amid China policy debates.

Washington China United Nations Peking Unite States World Organization James L. Buckley New York Nixon Republic of China U.N U.S United States Senate Hugh Scott Congress

New plan to tie dollar to SDRs under IMF proposal

Britain’s Chancellor Anthony Barber proposed a bold reform to redefine currencies in SDR terms instead of gold, aiming to ease global surpluses and deficits, boost international control, and gradually shift reserves away from gold and dollars toward SDRs. He cautioned it is a longterm plan with wide approval but uncertain timelines. The idea drew support from Japan and Italy, amid IMF talks and potential countermoves to US import policies. West Germany hinted at a painful reappraisal of its policy if needed.

Anthony Barber Britain Barber International Monetary Fund IMF United States Japan Italy Valery Giscard D'Estaing

Also Mentioned on This Page

Wright Putnam D-Tes House Banking Committee Robert S. McNamara Nia Gary Ind Richard Hatcher California Willie L. Brown Jr Manhattan Percy Sutton Bond Jesse Jackson Chicago Mervyn Dymaliy Black Caucus Los Angeles Kansas Lebanon Faisal Tonarch Suleiman Franjieh Communist Scott Buckley, and Sons William E. Brock Howard Baker J. Glenn Beall Jr R-Md Wallace F. Bennett Lawton Chiles Dfla Marlow Cook R-Ky Carl Curtis R-Neb Robert Dole R-Kang Peter Dominick R-Colo Allen J. Dilender D-La Paul Fannin R-Ariz Barry Goldwater Edward Gurney R-Ma Clifford Hansen R-Wyo Roman L. Hisaka William Roth R-Del Robert Taft Jr R-Ohio Strom Thurmond R-S.c Andrei A. Gromyko Gromyko General Assembly Maurice Schumann Geneva Schumann Dom Karl Schiller Treasury John B. Connally
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