Penn Central trustees push plan to cut payroll
Trustees of the reorganized Penn Central Railroad say Congress has halted further public aid and the firm must trim its payroll to avoid nationalization. Willard Wirtz, former Labor secretary, downplays nationalization and signals optimism amid a three month window of restructuring. The group expects no new federal loan guarantees beyond last December's emergency aid and may seek authority to shed 8,900 workers.
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Penn Central Railroad
Congress
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Nixon backer wins national Young Republicans chair
Donald Sundquist of Burnsville Minnesota captured the national chairmanship as the Young Republicans concluded a six day convention in Phoenix. Sundquist led a well financed campaign to expand conservative GOP influence, defeating Frank Fahrenkopf of Reno Nevada and sweeping all but one of 18 national offices.
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Supreme Court weighs Pentagon papers case
The Supreme Court heard two hours of arguments on government bids to block The New York Times and The Washington Post from publishing Pentagon papers on Vietnam. Justices debated prior restraint and national security, leaving no decision after the session.
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Fred P. Graham
New York Times
Washington
Supreme Court
Washington Post
Pentagon
Vietnam
Erwin N. Griswold
Stewart
Griswold
White
Alexander M. Bickel
Yale
The
Ellsberg to surrender Monday amid innocence claim
Boston AP. Dr Daniel Ellsberg’s attorney calls him unequivocally innocent of any crime in the Pentagon papers case and says Ellsberg will surrender to a U S attorney in Boston at 10 am Monday. His lawyers accuse the FBI of pressing for a high profile arrest rather than a quiet surrender.
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Daniel Ellsberg
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Nelson
Court halts St. Louis Post-Dispatch Pentagon story
A federal judge issued a temporary restraining order blocking further publication of a secret Pentagon war study by the St. Louis Post-Dispatch. The order lasts until a hearing set for July 5, with the court possibly evaluating further actions if the Supreme Court rules meanwhile. The paper said it would comply pending litigation and noted government efforts to seize copies.
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TS. Supreme Court
New York Times
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Supreme Court
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The
Post - Dispatch
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Nixon aide hints at relaxing antitrust rules abroad
Commerce Secretary Maurice Stans told a congressional subcommittee that the Nixon administration is considering loosening antitrust laws to enable joint marketing agreements by U.S. firms operating overseas. He noted early-stage proposals, with DOJ and other departments involved, and criticized foreign countries for fewer restrictions while the United States offers no direct industry incentives.
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