Lockheed Payoffs Under Fire From Senate Panel
Treasury Secretary William E. Simon condemned Lockheed Aircraft Corp for paying bribes to foreign officials to boost sales. He noted the loan guarantees totaling 250 million dollars and questioned disclosure of recipients, while Lockheed defended the practice as necessary for foreign sales amid orders worth about 1.6 billion dollars.
MENTIONED IN THIS ARTICLE
Washington
Treasury
William E. Simon
Lockheed Aircraft Corp
Simon
Senate Banking Committee
Congress
Lockheed
Daniel J. Haughton
Haughton
U.S
Banking Committee
William Proxmire
D-Wis
Proximite
Robert Neil Waters
Los Angeles-area
Waters
Company
Ford calls for tax incentives to spur industry growth
President Ford urged Congress to boost investment through tax incentives and end heavy regulation. He outlined plans for an investment tax credit, tax exemptions on preferred stock dividends, and reducing double taxation, saying regulation costs billions and blocks job creation. Ford spoke at the American Hardware Manufacturers Assn meeting in Chicago amid a push to lift capital for expansion.
MENTIONED IN THIS ARTICLE
Howard Benedict
Associated Press
Chicago
America
Ford
U.S
American Hardware Manufacturers Assn
Colorado Rockies
Washington
Milwaukee
Congress
Richard J. Daley
Daley
Chicago Yacht Club
Vail
Colo
Libby Dam
Mont
Detroit
Ford Motor Co
General Motors
Chrysler Corp
American Motors
Paris freed by Allied forces in World War II
On this date in 1944 Allied troops liberated Paris. Other historical notes include Iroquois attack on Montreal in 1689, New Orleans founded by French immigrants in 1718, and a 1941 invasion of Iran by British and Soviet forces.
MENTIONED IN THIS ARTICLE
Associated Press
Paris
Montreal
New Orleans
Dutch East Indies
United States
Germany
Berlin
Iran
George Lincoln Rockwell
Arlington
Vatican
Paul VI
James Walsh
China
France
South Pacific
Weather Snapshot for Snyder and Texas Panhandle
Readings show high of 92 and low of 68 in Snyder with 7 am Sunday and today readings. Forecast calls for clear to partly cloudy skies across Northwest and Southwest Texas through Tuesday with widely scattered thundershowers southwest of the Pecos. Night lows range from lower 60s in the north to lower 70s in the south, with mid 50s in the mountains and highs around 90 Tuesday.
MENTIONED IN THIS ARTICLE
Texas
Pecos
Mid 50S
Kissinger Back to Egypt as Sinai Pact Hopes Rise
Secretary of State Kissinger flew to Egypt with high hopes for a new Sinai settlement. Talks with President Sadat included Foreign Minister Fahmy and Vice President Mubarak as Israel signaled a move allowing a surveillance post at Umm Khashiba to monitor movements.
MENTIONED IN THIS ARTICLE
Barry Schweid
Associated Press
Alexandria
Egypt
Henry A. Kissinger
Sinai
Kissinger
Anwar Sadat
Mamoura
Ismail Fahmy
Hisni Mubarak
Yigal Allon
Israel
Gidi
Sinai Desert
Umm Khashiba
Mitla
Allon
Most
U.S
Hermann Eilts
Tahseen Bashir
Gomes to Replace Premier in Portugal Power Shift
Reliable sources report President Francisco da Costa Gomes plans to dismiss pro Communist premier Vasco Goncalves and install moderate military leaders. The move follows a power struggle with threats of force, demonstrations, and clashes near Lisbon as factions mobilize.
MENTIONED IN THIS ARTICLE
Stephens Broening
Associated Press
Lisbon
Portugal
Francisco da Costa Gomes
Vasco Goncalves
Goncalves
Communist Party
pro-Goncalves
Leiria
Rhodesian talks open with split views on majority rule
In Victoria Falls the Rhodesian constitutional talks began on a bridge over the Zambezi with Prime Minister Ian Smith rejecting black majority rule while ANC leader Abel Muzorewa pressed for immediate majority governance. Vorster and Kaunda joined the session, marking a rare high profile meeting on Rhodesia's political future. Smith urged a declaration of intent and internal committees, while the ANC warned negotiations must occur on the border to avoid arrests.
MENTIONED IN THIS ARTICLE
Victoria Falls
Rhodesia
Ian Smith
Smith
John Vorster
South Africa
Kenneth Kaunda
Zambia
Nairobi
Kenya
Daily Nation
Ure
Abel Muzorewa
African National Council
ANC
Zambezi River
Funeral for Warren Floyd Set at Bethel Baptist Church
Funeral service for Warren Floyd age 24 is set for 2 p m today at Bethel Baptist Church. He died in a Galveston hospital after a gunshot wound suffered August 16 in Galveston. Rev R Virgil Mott and Rev Glenn Border to officiate. burial in Snyder. Steven Ray Botts charged with aggravated assault in connection with the shooting.
MENTIONED IN THIS ARTICLE
Bell-Seale Funeral Home
Virginia Schiebel
Methodist
Lubbock
David Robertson
First United Methodist Church
Bethel Baptist Church
Warren Floyd
Galveston
R. Virgil Mott
Glenn Border
Snyder Cemetery
Bell Seale Funeral Home
Steven Ray Botts
Arabs and PLO Press for Israel Expulsion at Third World Meet
At the Nonaligned Conference in Lima, 19 Arab nations and the PLO urged a resolution demanding Israel’s expulsion from the UN. The move, supported by Syria’s Mouaffak el Allaf, aimed to pressure Israel to withdraw from occupied Arab lands. friction surfaced over economic priorities and Kissinger diplomacy.
MENTIONED IN THIS ARTICLE
PLO
Israel
Henry S. Ackerman
Associated Press
Lima
Peru
Palestine Liberation Organization
United Nations
United States
U.S
Middle East
Mouaffak el-Allaf
U.N
el-Allaf
India
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Northeast
Helen Mock
Maria Ramirez
Cliff Price
Lydia Albarez
Samuel Zepeda
Buffie Wilson
Rosalind Medrano
Timothy Shafer
Snyder Public
Snyder
Service For
Mrs. Schiebel
Allen
Say Gomes
Anti-Goncalves
Vorster
Kaunda
Livingstone
Floyd
North Vietnam
Cambodia
Laos
North Korea
South Korea