Nixon era stock market rollercoaster and lessons
Henry J. Taylor analyzes Dow Jones moves from 931 in 1969 to 1,051 in 1972 and back to 922, labeling the period a Nixon rollercoaster. He cautions investors on intrinsic value, supply and demand, and the dangers of political guidance in markets.
MENTIONED IN THIS ARTICLE
Henry J. Taylor
Nixon
Dow
New York Stock Exchange
Roscoe
Atlantic City
Secretary Rogers backs soft Latin policy in Chile talks
Minutes of a 1971 meeting show Secretary Rogers reassuring ITT Ford Bank and others that the administration would not retaliate against Chile for expropriations and favored informal embargo options while seeking private pressure. He noted Russian questions and urged periodic group meetings to solidify a stance.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Bill Rogers
Chile
Nixon
Aoena
Salvador Allende
Rogers
Moscow
Cuba
Latin America
International Telephone and Telegraph
Anaconda Copper
Ford Motor
Bank of America
First National City Bank
Ralston Purina
ITT
Secrtary
Good Hecklers and Bad Hecklers in Public Life
The piece argues for constructive public hecklers across government levels including school districts. It contrasts the fair, thoughtful critic with the vile, destructive heckler who uses sharp tools and nasty rhetoric, warning society needs the right kind of criticism to improve communities.
Wallace Calls Police Rule A Threat To Freedom
Alabama Governor George Wallace warns against armed police rule as a dangerous, anti democratic option. He suggests it would yield bullets over rights and resemble a Communist style state while noting his own report of undergoing a fourth acupuncture treatment for a bullet wound from an assassination attempt.
MENTIONED IN THIS ARTICLE
George
Montgomery
Alabama
George Wallace
Wallace
South Pole
North Pole
America
Army Day talk and local civic notes from 1948 Kiwanis meeting
Major Wiltz J. Bethancourt spoke on Army Life to the Kiwanis Club for Army Day. Albuquerque contractor Kibourne L. House appointed wing commander of New Mexico Civil Air Patrol, replacing Earle W. Stark. National figures Hoffman and Spencer Tracy listed amid various notices. social events include a pink and blue shower for Mrs. Lee Chambers and a visit by Mrs. Addison Green, Women’s Republican Clubs president, to Albuquerque. The United Veterans of Lincoln County formed to back ex servicemen running for office.
MENTIONED IN THIS ARTICLE
Wiltz J. Bethancourt
Kiwanis Club
Army Life
Kibourne L. House
Albuquerque
New Mexico Civil Air Patrol
Earle W. Stark
Trutman Today
Paul G. Hoffman
Studebaker Corporation
Spencer Tracy
Lana Turner
the Plains
Lee Chambers
Claude Mathews
Mildred Hood
Mathews
United Veterans of
Lincoln County
Washington veto marks first presidential rejection in history
On this date in 1792 George Washington used the presidential veto to block a representation bill. Other notes recall 1621 Mayflower sales from Plymouth and 1827 birth of Sir Joseph Lister, pioneer of antiseptic surgery in London.
MENTIONED IN THIS ARTICLE
George Washington
Plymouth
Mass
England
Joseph Lister
London
PERA building purchase rejected by New Mexico legislature
The New Mexico legislature rejected Gov. Bruce King’s plan to buy the Public Employer Retirement Association building in Santa Fe for 4.7 million dollars. Rent costs to state agencies total about 487,600 dollars annually, with 2.5 million already paid since occupancy in 1968, while PERA members would miss higher returns from a purchase. Major tenants pay substantial rents. statewide rent totals and per square foot costs rise as leases renew post federal rent controls, prompting calls that buying the building would save money and boost PERA funds.
MENTIONED IN THIS ARTICLE
Wall Street
Nixon
You
Fred Buckles
Santa FE
Bruce King
Retirement Association
PERA
Albuquerque
Clovis
Alamogordo
Health Social Services Department
Automated Data Processing Department
Motor Transportation Department
State Auditor's Office
And
Corporation Commission
Don Homan
Finance Department
Homan
New Mexico
Santa Fe County
Corrections Department
David Norvell
Western Skies Motor Hotel
Earl Davidson
Davidson
Eastern New Mexico University
Portales
John Burroughs
Frank Olmstead
Harrell Adams
Frank
Wilbur D. Smartnick
Adams
Smartnick
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Merry
U.S
Allende
Ft. Myer
Pentagon
Brickman
Army
The
Small Society
Bek
Hecklers
Heckler
Addison Green
Women's Republican Clubs
Associated Press
State Capitol
State Development Department
DOD
Chase Manhattan Bank
State Education Department
Capitol
SDE