Wage and Price Freeze Q&A Summary
Local IRS column answers common questions about Nixon's August 15 1971 wage price freeze. It covers post freeze rulings, selling a motorcycle without prior price data, defining capital improvements for rent, and seasonal price adjustments with specific base periods and record-keeping requirements.
Unemployment Rate Falls Further in October
The Labor Department reports unemployment dropped to 5.5 percent in October with 798 million employed and 46 million seeking work. The fall comes with a lower rate for adult men and married men, while teen and blue collar rates shift. Vietnam veterans aged 20 to 29 show improved job prospects despite high discharge rates.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Bureau of Labor Statistics
BLS
Yellow New Color For Center Line
The Department of Roads will replace the dashed white center stripe with a dashed yellow center line on two lane roads by January 1, 1973. Some white lines may remain where removal is difficult. The switch aids two way traffic and reduces driver confusion when entering from uni directional roads. No major cost increase. about the same total paint usage funded by department and Federal Highway Administration.
MENTIONED IN THIS ARTICLE
Lincoln
Department of Roads
Federal High Administration
National Joint Council
Department of Roads and
Federal Highway Administration
Freeze Rules To Be Modified By Pay Board
The Cost of Living Council will modify the 90 day wage price and rent freeze to avoid a gap when rules end. Donald Rum sfeld says there will be no automatic ending on November 13 and changes come only via new regulations by competent authority. Initial modifications are expected before November 13.
MENTIONED IN THIS ARTICLE
Cost of Living Council
Donald Rumsfeld
Council
Rumsfeld
Pay Board
Price Commission
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Bree Daniel in Klute Wears Minis and Mids, Fonda Says
Jane Fonda plays Bree Daniel in Klute opposite Donald Sutherland. Costume designer Ann Roth notes Bree’s wardrobe includes both minis and midis, reflecting Bree as an intelligent call girl while Fonda and Pakula studied real clients and scenes to shape the character. Fonda remains mum on her personal stance.
MENTIONED IN THIS ARTICLE
Jan Fonda
Donald Sutherland
Fox Theatre
Miss Fonda
Bree Daniel
Ann Roth
Miss Roth
Minis
Mini
Bree
Alan Pakula
Jane Fonda
Midi
Soyburger Sandwich Emerges as Textured Protein Food
Textured vegetable proteins derived from soy and seeds aim to mimic meat in texture and flavor. Dehydrated forms lead in use with long shelf life while studies at University of Nebraska test nutrition versus ground beef. The USDA approved 30 percent substitution for school lunches in 1971.
MENTIONED IN THIS ARTICLE
Hazel Fox
Department of Food and Nutrition
University of Nebraska-Lincoln
United States Department of Agriculture
University of Nebraska Food and Nutrition Department
Also Mentioned on This Page
U.S. Internal Revenue Service
Nixon
Q-1
Internal
Revenue Service
Tré
Telsal Side
Lustre
Dixie Discount
Pendleton
Lacoum Peta
Aea
Pryce
Fostoria
Mowies
Fonda
Klute