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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Aug 02, 1973
Page
15
Eggs and pork chops led higher prices in a special AP survey of groceries in 13 cities from July 23 to July 31. The report notes higher total grocery bills in 12 of the 13 cities following Phase 4 and the end of price controls on all foods except beef.
U.S. District Judge held IBM in civil contempt for refusing to turn over about 700 documents in the government antitrust suit. The daily $150,000 fine begins Friday, with IBM seeking a stay at a Bridgeport appeals hearing. The Justice Department seeks to break up IBM, alleging monopoly in the general computer market. IBM has already produced millions of other documents.
The IRS aims to tax certain capital gains and income of political parties and committees unless Congress or courts object. Investment earnings like interest, dividends, and profits from non campaign related activities would be taxable, while cash donations remain exempt. Revenue from campaign related sales would not be taxed.
Sen Sam J Ervin Jr opened the Watergate committee session praising Daniel K Inouye of Hawaii as one of the most dedicated Americans. The tribute followed controversy after Haldeman lawyer John J Wilson used an insulting remark about Inouye who is of Japanese ancestry. Wilson protested Inouye long noted for losing an arm and earning the Distinguished Service Cross in World War II.
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