Nixon again presses price freeze amid inflation fears
President Nixon imposes a 60 day price freeze amid concerns of inflation and calls for post freeze program talks. White House cites shock treatment to curb inflation and time to consult labor management and consumer reps. Officials note Phase 2 slowed inflation while Phase 4 faces new conditions. George P. Shultz comments on Phase 3.
MENTIONED IN THIS ARTICLE
Edward Cowan
New York Times
Washington
Nixon
House
Dollar rises in London as Nixon anti inflation move eyed
The U S dollar jumped in London after Nixon announced an anti inflation package with a price freeze up to 60 days. The pound traded around 2 56 92 dollars and euro markets held cautious tone as U S inflation curb signals weighed on sentiment.
MENTIONED IN THIS ARTICLE
London
U. S
Nixon
Paris
Frankfurt
Atlantic
Zurich
Tokyo
Appeal set on school grant denial in Chicago
Chicago Schools Supt. James F Redmond will appeal a federal denial of a 1.3 million grant to the Chicago Board of Education. The HEW regional director said the grant was rejected over racial assignment of teachers in city schools.
MENTIONED IN THIS ARTICLE
Chicago
James F. Redmond
Chicago Board of Education
Redmond
Richard E. Friedman
Health, Education and Welfare Department
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Freeze
Congress
George P. Shultz
the Treasury
Cost of Living Council
Shultz
Judge
Memphis, Tenn
Ray Churchill
Churchill
Femith
Bill
T.V
Walnut
Murphysboro
Illinois
Brunle Morande
SteakhouSe
Carbondale
Homecrest
PEG
Novelco
Cubes
Entertain!ng
Amn
Joris
SHELL
Gulf Lite
O’dale
Franklin
Marion
Herrin, Ill
CIPS
Central Illinois Public Service Company
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