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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Anthony Barber
Britain
Barber
International Monetary Fund
IMF
United States
Japan
Italy
Valery Giscard D'Estaing
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House Banking Committee
Robert S. McNamara
Nia
Gary
Ind
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California
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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