Wage and price freeze creates mixed gains across industries
Major steel firms delayed eight percent price hikes by product, with structural steel rising August fifth while tin mill items used in packaging wait until October first. Communications workers ratified a fifteen percent first year raise, yet Bell Telephone faces no rate increase until the freeze ends. Treasury Secretary Connally notes inequities in timing and questions whether retroactive raises will be allowed, as railroad workers await November twelve raises and auto prices face restraints if changes did not occur in the prior month.
MENTIONED IN THIS ARTICLE
Treasury
John B. Connally
United Transportation Union
Connally
Congress tax cut sales talk sparks wage debate
Labor leaders warn workers may bear the brunt of Nixon's wage and price freeze while bargaining continues. AFL-CIO chief Meany condemns the policy as discriminatory and seeks full details. Tony Boyle of United Mine Workers says negotiations proceed, though retroactive pay remains unsettled. Woodcock of United Auto Workers voices mixed optimism on tax changes and imports. The AFL-CIO plans an executive council meeting Thursday to press for clarification.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Afl-Cio
George Meany
W. A
Tony” Boyle
United Mine Workers Union
Boyle
Treasury
John
Connally
United Steelworkers Union
Leonard Woodcock
United Auto Workers Union
Woodcock
Meany
Congress
New York Stock Exchange
Ralph Nader
Virginia Knauer
United States
U. S
Treasury Department
Office of Emergency Preparedness
Europe
Africa
Latin America
Wright Patman
House Banking and Currency Committee
John 3B
Connnally
Weather forecast brief for midweek heat and humidity
The forecast calls for a cool start tonight with lows 56 to 63 and a Wednesday mostly sunny, warmer day reaching 90s. A hot humid period is expected Thursday through Saturday with highs in the mid to upper 90s as described on map page 4.
Nixon summons Mills and others to back tax cut plan
President Nixon called key lawmakers to the White House to press support for his tax cut portion of a broad economic package amid mixed reactions. Mills praised the plan as necessary and set crash hearings for Sept 8. The Dow surged to a record gain while labor leaders split and consumer advocates criticized the policy.
MENTIONED IN THIS ARTICLE
Washington
Nixon
White House
Wilbur D. Mills
House
Ways and Means Committee
Court upholds adverse effects notice for auto ads on TV
A DC Court of Appeals majority reverses the FCC ruling, requiring television stations to air information on environmental harms when carrying automobile ads. The decision expands the fairness doctrine to product advertising, in a case involving WNBC-TV New York.
MENTIONED IN THIS ARTICLE
New York Times
Washington
United States Court of Appeals For
District of Columbia
Federal Communications Commission
Wnbc-Tv
New York
PCC
Gray backs Nixon plan amid concerns of timing
U S Rep Kenneth Gray of West Frankfort endorsed the president's new economic plan but warned three months of controls may be too late to curb the economy. He argued wage and price caps unfair to Southern Illinois coal miners and urged immediate stimulus of 10 to 15 billion dollars to boost jobs and tax revenues. He cited other sectors already receiving wage increases and criticized the plan for lacking remedies to curb recession and inflation.
MENTIONED IN THIS ARTICLE
Carol Alexander
U. S
Kenneth Gray
Orwest Frankfort
Nixon
Gray
Auto
Steel
Rail
Tero
Drawing Board
Wage freeze may save railroads over ten million
The Nixon wage freeze could cut railroad wage costs by more than 10 million, affecting about 377,500 workers after unions signed new deals. Five unions, led by Clerks with 130,000 members, already received a 4 percent rise, and a 5 percent rise on Oct 1 was planned. UMW leader Boyle warns talks with coal miners, aerospace, and longshore workers may face delays despite legal power for the freeze.
MENTIONED IN THIS ARTICLE
Stephen M. Aug
Washington Star
Washington
Pnes
Nixon
United Mineworkers of America
UMW
W. A
Tony” Boyle
Five arrested in Johnston City arson probe
Five Johnston City residents face arson charges after an Illinois investigation tied six fires to suspects including assistant fire chief Davis Mallory. Chief Floyd Krantz resigned. three adults and a juvenile face arson counts and conspiracy charges.
MENTIONED IN THIS ARTICLE
Wanda Barras
Johnston City
Davis Mallory
Floyd Krantz
Mallory
Williamson County
Russell Oxford
John Laorchak
Randy Litton
Bruce Williams
Litton
Lazorchak
Ida Clayton
Kuepper
Kenny Barter
Monroe Street
Jess T Willard
Worth Washington
10Th
Follis Streets
Mike. Wiseman
Williams
Lagerchak
William Hick
Wiseman
Agerchak
Huckham
Wawa
Europe fears struggle over Nixon Japan clash
West European officials and economists fear a monetary and trade conflict as the United States moves to curb Japanese exports and Japan vows to resist Nixon policy. Brussels met to plan, Britain seeks talks to align with the Common Market, and gold markets reopen with uncertainty. Noboru Takeshita warned Japan will fight the policies.
MENTIONED IN THIS ARTICLE
London
Japan
United States
Nixon
Tokyo
European Common Market
Brussels
Zurich
Noboru Takeshita
Teachers press local groups to follow Nixon wage freeze
Education Association leaders representing about 500000 teachers in Illinois urged local units to honor the Presidents wage and price freeze and continue bargaining for contracts that can be implemented by the end of the move. Dr Curtis Platt said exemptions will be sought noting the seasons employment. He warned many strikes could follow if school boards refuse to negotiate.
MENTIONED IN THIS ARTICLE
Chicago
Ap) Education Association
Nixon
Curtis Platt
Ilinois Education Association
Platt
Press delays hit half of Southern Illinois circulation
Editor General Manager John Gardner said circulation problems due to press difficulties were corrected and apologized to readers for the Monday delay.
MENTIONED IN THIS ARTICLE
Southern Illinois
John €. Gardner
Also Mentioned on This Page
Com
Munications Workers of America
Bell Telephone System
Connelly
Lew Washington
Commerce Department
FCC
Au Yyageaen
Huck Farm
Wiseman Re
Vorgen
Oxford
Ireland
Belfast
Northern Ireland
Londonderry
Armagh
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