Government curtails rural electric project
Washington AP reports the Nixon administration ends the 40 year old REA direct loan program converting to private funding. The shift raises loan costs from 2 to 5 percent and uses government securities to back private finance, risking higher charges for about 1 000 electric cooperatives. Officials cite $172 million in annual savings, while cooperatives pledge to lobby Congress to undo the move.
MENTIONED IN THIS ARTICLE
Nixon
Congress
Ariculture Department
Rural Electrification Administration
REA
Baby Rea
Robert D. Partridge
National Rural Electric Cooperative Association
Partridge
White House
Price rollback ordered for Neisner and Star Supermarkets
The Federal Price Commission yesterday ordered Neisner Bros. Inc. and Star Supermarkets Inc. to roll back recent price increases. Both chains are headquartered in Rochester, New York.
MENTIONED IN THIS ARTICLE
Washington
Federal Price Commission
Neisner Bros. Inc
Star Supermarkets Inc
Rochester
N.Y
Smithsonian loses $212,305 over Tecumseh salvage dispute
The Smithsonian was ordered to pay Expeditions Unlimited Inc. 212,305 dollars for breach of contract after plans to salvage the Civil War ironclad Tecumseh, sunk near Mobile Bay. The case centered on exclusive media rights and funding, with the ship’s recovery tied to a future armed forces museum near Washington, D.C.
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Washington
Smithsonian Institution
Mobile Bay
Alabama
Smithsonian
U.S
Expeditions Unlimited Inc
Pompano Beach
Fla
John J. Pyne
Dillon Ripley
Tecumseh
Pyne
Expeditions Unlimited
First Magazine
David Glasgow Farragut
Armed Forces
Potomac River
Ft. Morgan
Adm
Farragut
South
Flu strikes 15 states with London flu in three areas
The CDC reports flu has hit at least 15 states this winter, with wide outbreaks of the London flu in New York City, Baltimore, and Santa Clara County south of San Francisco. Isolated cases appear in Hawaii, Arizona, Colorado, and several other states, while Baltimore's outbreak declines but ER visits remain 5 to 10 percent above normal.
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Atlanta
Center For Disease Control
CDC
London
Hong Kong
New York City
Baltimore
Santa Clara County
San Francisco
Hawaii
Arizona
Colorado
Kansas
Texas
Pennsylvania
Massachusetts
Connecticut
Tennessee
Ilnois
Washington
New Jersey
United States
Recluse regrets quake prediction in San Francisco
SAN FRANCISCO UPI A 67 year old recluse Reuben Greenspan admitted he does not know if a major earthquake will strike next Thursday. He said he is profoundly regretful his forecast scared Bay Area residents and announced retirement to Death Valley to write poetry. He blamed incorrect input data about tidal tables and offered no further details.
MENTIONED IN THIS ARTICLE
San Francisco
UPI
San Francisco Bay
Reuben Greenspan
Death Valley
Agnew Buys Home for 190000 in Maryland Suburb
Vice President Spiro Agnew agrees to purchase the Kenwood Maryland house at 6415 Shadow Lane for 190000. The deal, signed by ex-law partner George White Jr., notes a substantial mortgage and 90 days to settle arrangements. Ownership specifics were not released.
MENTIONED IN THIS ARTICLE
Washington (Ap
Spiro T. Agnew
Washington
Shadow Lane
Kenwood
Agnew
George White Jr
Kenwood Country Club
Fitting Penalty in San Francisco Toy Dept Signal
AP reports a San Francisco department store toy department posted signs reading shoplifters will be spanked. The humorous yet provocative message sparked discussion about shoplifting penalties and public shaming in retail spaces.
MENTIONED IN THIS ARTICLE
San Francisco
Bill to seek death penalty for hijackers in new Congress
Rep. John M. Murphy of New York unveils a plan to execute hijackers or prison them for at least 25 years and to create a 50 million dollar a year federal air transit security force to police airports. The bill would require passenger and carry on baggage screening and empower the President to suspend air service with nations harboring hijackers. John J. O'Donnell of the Air Line Pilots Association backs the plan as a remedy to a growing hijacking problem.
MENTIONED IN THIS ARTICLE
Washington
Congress
John M. Murphy
Dn.y
John J. O'Donnell
Air Line Pilots Association
Murphy
O'Donnell
Federal Aviation Administration
United States
U.S
Newhouse Loses Court Round In Denver Post Battle
Samuel I. Newhouse and Herald Co. lost in the 10th Circuit as the appeals court reversed a lower court order to auction 15,552 shares of The Denver Post stock. The case was remanded to district court for dismissal. The 1968 suit accused Post officers of misusing corporate funds to buy contested stock and transfer it to the Denver Post Employees Stock Trust.
MENTIONED IN THIS ARTICLE
Denver
Samuel I. Newhouse
The
Herald Co
New York
Denver Post
U.S. 10Th Circuit Court of Appeals
U.S. District Court
Newhouse
Post
Denver Post Employes Stock Trust
How To Hold FALSE TEETH
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John Lurie
Columbus
Ohio
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Raymours
Moe
Central
Seneca Mall
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