Sept 21 seen as key date for anti inflation plan
Washington reports widening belief in the Nixon administration that September 21 will yield a turn in anti inflation policy. Nixon will discuss a wage price review board concept with the 18 member National Commission on Productivity and may consider industry specific boards.
MENTIONED IN THIS ARTICLE
Associated Press
Washington AP
Nixon
National Commission On Productivity
Federal Reserve Board
Arthur F. Burns
White House
Productivity Commission
Secretary of the Treasury
John B. Connally
Connally
Congress
Dollar Continues To Plunge In European Markets
The dollar sank to a record low in West Germany as markets faced preweekend nerves and possible devaluation signals. Frankfurt opened at 3.3837 marks, slipped to 3.3740, then 3.3715. In London, the dollar traded around 2.4197 to the pound, with the Bank of England said to have spent about 250 million dollars to support the currency amid uncertainty. Swiss rates weakened to 4.03–04 francs as the Swiss National Bank stood by the 4.06 level.
MENTIONED IN THIS ARTICLE
London
West Germany
Europe
Wall Street Journal
Frankfurt
Bank of England
Zurich
Switzerland
Scientist Named For Apollo 17 Apollo crew picks Dr Harrison H Schmitt
SPACE CENTER Houston AP The space agency ends months of debate by naming Dr Harrison H Schmitt Harvard trained geologist the first scientist astronaut on an American moon mission Apollo 17. Commanding the flight will be Navy Captain Eugene A Cernan with Ronald E Evans as pilot and lunar orbiter.
MENTIONED IN THIS ARTICLE
Schmitt
Evans
Lunar
David R. Scott
James B. Irwin
Alfred M. Worden
Air Force
Space Agency
NASA
Associated Press
Navy
John W. Young
Charles M. Duke Jr
Thomas K. Mattingly
Young
Duke
Descartes
Moon
National Aeronautics and Space Administration
This Day In History Highlights Aug 13 1971
Today in history notes key events on August 13 across years. From Hernando Cortez capturing Mexico City in 1521 to Manila surrender in 1898 and a 1971 consumer settlement with General Motors, the brief recap lists notable moments, awards, raids, and cultural milestones.
MENTIONED IN THIS ARTICLE
Associated Press
Hernando Cortez
Mexico City
North Yarmouth
Maine
Los Angeles
Spain
Manila
Shanghai
China
U. S
Francis Gary Powers
Moscow
Paul Cezanne
Aix En Provence
France
North Vietnam
Ralph Nader
General Motors
Weather forecast for Texas regions issued with scattered thundershowers
Snyder area reports high 79 on Thursday and 67 at 7 am today. Northwest Texas sees clouds and thundershowers mainly east and north tonight and Saturday with highs 82 to 92 and lows 60 to 70. North Central Texas mid 80s to mid 90s with thundershowers, lows 70 to 76. Northeast Texas partly cloudy with warm temps and thundershowers through Saturday, highs 85 to 95, lows 72 to 76. Southwest Texas mostly cloudy mild with possible showers, South Texas warm with slight chance of showers, highs 80 to 90, lows 64 to 74. South Central Texas mostly cloudy mild with thundershowers, highs 84 to 94, lows 68 to 76. Southeast Texas partly cloudy warm with a slight chance of rain, highs 88 to 96, lows 70 to 80. West of the Pecos partly cloudy mild through Saturday with a slight chance of showers. Coast southeast winds 5 to 18 knots with gusts in showers.
MENTIONED IN THIS ARTICLE
Snyder
Texas
Pecos
Wallace orders reopening of all black school in Limestone County
Governor George Wallace challenges Nixon and federal courts by ordering New Hope Junior High to reopen under a freedom of choice plan. He directs Limestone County to allow black residents to choose a school, provide bus transportation, and allocates 30000 to renovate facilities as 184 black and 5 white students had previously been reassigned under a federal court order.
MENTIONED IN THIS ARTICLE
Troy
Ala
George WU. Wallace
Nixon
Wallace
Limestone County School Board
New Hope
New Hope School
Tanner and
East Limestone
Tanner
Alabama
Limestone County
Mutscher Named In Suit Over Sharpstown Bank Collapse
The FDIC filed a 332008 dollar suit against Texas House Speaker Gus Mutscher during grand jury testimony in Houston. The action seeks more than 400000 including penalties for a 340000 loan secured by 17000 National Bankers Life stock shares. Also named in SEC filings were Doug Sanders and other officials tied to Sharpstown Bank and NBL, with broader ties to Frank W. Sharp’s financial empire.
MENTIONED IN THIS ARTICLE
Texas House
Gus Mutscher
Houston Federal Court
Federal Grand Jury
Mutscher
Federal Deposit Insurance Corp
Sharpstown State Bank
AP Wirenhoto
Houston, Tex
Texas
FDIC
Doug Sanders
Leges
National Bankers Life Insurance Co
Frank W. Sharp
Sanders
SEC
Dallas
National Bankers Life
Sharpstown Bank
Sharp Controlled
Sharp
Bank
Securities and Exchange Comission
National Bankers Life Insurance
J. Quincy Adams
Jack Strong
Longview
Adams
Ling and Co
NBL
Strong
Senate
Barnes Denies Charge in SEC Stock Scandal
Dallas AP report says Frank Sharp named Lt. Gov. Ben Barnes in connection with two banking bills tied to state stock scandals. Barnes denied the allegations, calling them politically motivated. Sharp testified that partner John Osorio said Barnes was “smarter than the others” and "takes only cash." Barnes planned to address the state AFL-CIO convention in Dallas.
MENTIONED IN THIS ARTICLE
Dallas
Houston
Frank Sharp
Ben Barnes
Barnes
Securities and Exchange Commission
Sharp
John Osorio
Afl-Cio
Osorio
Eddie Barker
Kdfw-Tv
Sharpstown State Bank
Federal Deposit Insurance Corp. Regulation
Preston Smith
SEC
Subpoenas On Way In Texas Stock Scandal Probe
Austin AP reports up to a dozen witnesses will be subpoenaed to testify August 18 before the House General Investigating Committee in its probe of a Texas official stock scandal. Committee chair Rep. Menton Murray said hearings may be public depending on who is served. Names were not released. The panel heard witnesses, including state agency heads, about Sharpstown era banking bills and related SEC investigations.
MENTIONED IN THIS ARTICLE
Houston
Frank Sharp
U.S. Securities and Exchange Commission
Murray
Play Opens In Snyder Tonight
SHS Summer Theatre presents MARY OF SCOTLAND at Snyder High School Auditorium for two 8 p.m. showings. With an all star student cast, the Maxwell Anderson drama follows Mary of Scotland, deemed by Anderson as his best work. Director Jerry Worsham leads the thesis production with credits in costumes, sound, lighting, and tech. Tickets at the door are $1 for adults and 50 cents for students up to junior high.
MENTIONED IN THIS ARTICLE
SHS
Snyder High School
Jenny Mullins
Greg Carter
Robert McCommon
Jerry Worsham
Kerrville Floods Driven by Heavy Rains Across West Texas
A widespread rainfall event drenched Kerrville with over 6 inches in hours, pushing two-day totals to about 12 inches and flooding low-lying streets and some homes. Sewage backups occurred as workers missed shifts, with flood warnings issued for about a dozen counties. A Medina County drowning was reported, Clyde Jones, 52, of Bexar County Hospital, found in a stalled car on San Geronimo Creek. Roads closed across multiple counties, while San Angelo saw rising waters and Mertzon faced a 22-foot wall of water on Spring Creek.
MENTIONED IN THIS ARTICLE
Associated Press
Kerrville
San Angelo
Merizon
Texas
San Antonio
Hondo
Rio Grande
Eagle Pass
del Rio
Laredo
Weather Service
Medina County
Clyde Jones
Bexar County Hospital
San Geronimo Creek
Kerr
Bandera
Uvalde
Real
Medina
Tom Green
Irion
Menard
Kimble Sutton
Crockett
Tyler
Dallas-Fort Worth
Wichita Falls
Rio Grande Valley
Panhandle
Palacios
Galveston
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Schwartz
Star Gazer
Clay R. Pollan
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