Nixon devalues dollar in move to calm world markets
President Nixon announced a 10 percent dollar devaluation at a late Monday news conference. Treasury Secretary Shultz said the step aims to aid U.S. consumers and workers while officials noted effects on imports and exports. The action follows a December 1971 agreement and signals broader currency shifts among fixed and floating regimes.
MENTIONED IN THIS ARTICLE
Treasury
George Shultz
United States
Washington
U.S
Nixon
George P. Shultz
Shultz
Workingman
Congress
Japan
Tokyo
Finance Ministry
Bank of Japan
West Germany
Canada
Great Britain
John Turner
International Monetary
Hundreds Exchanged in Second Day of Viet Cong Prisoner Swap
Saigon and Viet Cong exchanged hundreds more prisoners at Loc Ninh as U S transports ferried captives. By midafternoon Saigon claimed over 600 government prisoners handed over since Monday with 500 Communist soldiers released in return. Some releases in Pleiku and Quang Tri were delayed and a new Wednesday effort was planned.
MENTIONED IN THIS ARTICLE
Saigon
Viet Cong
Loc Ninh
U.S
Thailand
Bien Hoa
Pleiku
Central Highlands
Quang Tri
Demilitarized Zone
Hue
Dragonfly Nymph Eats Mosquito Larvae Quickly
United Press International reports the dragonfly nymph preys on mosquito wrigglers, consuming as many as 20 per minute in underwater habitats, highlighting its role in natural pest control.
Bowen speaks at Vigo Lincoln Day dinner in Terre Haute
Gov Otis Bowen addressed more than 500 at the 38th Vigo County Lincoln Day dinner in Terre Haute Indiana promising to deliver the Lincoln Day address if he carried Vigo County The event was hosted by Vigo County Republican Chairman Thomas Hicks with Dr Angelo Meneghini as dinner chairman He urged national unity and healing of war wounds noting wartime leadership of Richard Nixon and history echoed Abraham Lincoln Continued on Page 3 Col 4
MENTIONED IN THIS ARTICLE
Vigo County
Indiana
Otis R. Bowen
Terre Haute
Thomas Hicks
Angelo Meneghini
Abraham Lincoln
Bowen
Richard Nixon
Adams
Robert Rouse
U.S
John Myers
7Th District
Robert DeBard
DeBard
John D. Ennis
Leland Larrison
Kadel
POWs Enjoying Time at Clark Air Base
The 142 prisoners of war released from Hanoi and jungle captivity began their first full day of freedom at Clark Air Base in the Philippines. Medical checks and processing proceeded as they spoke of home via phone calls and prepared for flights to Travis Air Force Base, California possibly Thursday or Friday.
MENTIONED IN THIS ARTICLE
Clark Air Base
Philippines
United States
Hanoi
South Vietnam
Travis Air Force Base
California
Clark
Weather map summary for Terre Haute and Indiana
Weather conditions show rain and showers likely with possible thunderstorms tonight 80 percent in Terre Haute and 70 percent Wednesday across Indiana. Not quite so cold tonight with lows 33 to 38, highs in the low 40s Wednesday, and Illinois expecting rain changing to snow late. Dirt-dust count 98 micrograms per cubic meter. Suprise 7 45 a.m. Sunset 6 24 p.m. Street thermometer 6 a.m. 32, 2 p.m. 37.
MENTIONED IN THIS ARTICLE
Terre Haute
Indiana
Illinois
Ford Motors Fined Seven Million In Tampering Case
Ford Motor Co faces a seven million dollar penalty after pleading no contest to 350 criminal counts related to tampered antipollution tests for 1973 cars. The deal includes a 3.5 million civil penalty and a consent decree barring future violations.
MENTIONED IN THIS ARTICLE
Ford Motors
Washington
Ford Motor Co
Ford
Justice Department
U.S. District Court
Detroit
Environmental Protection Agency
EPA
Atty. Gon
Richard G. ‘Kleindienst
PA l
Two teenage gunmen surrender after eight hour Dallas siege
In Dallas Texas two 17 and 18 year old gunmen held 22 hostages for over eight hours at the Inner Circle Lounge before surrendering at 8 46 a.m. EST. Police talked them into releasing several hostages during a tense stand off.
MENTIONED IN THIS ARTICLE
Dallas
Tex
Milton Allen Frank
Las Vegas
Terrell, Tex
Robert Gordon
Frank
Gordon
Nev
Paul McCaghren
Blue Yonder
McCaghren
Inner Circle
Democrats Tour Aims to Pressure Bowen Tax Plan in Terre Haute
A group of Senate Democrats led by Robert Fair and Gordon St. Angelo arrives at Terre Haute City Hall at 8 30 a m to hold a press conference on Bowen tax proposals. The tour then heads to Evansville followed by visits in Fort Wayne Muncie Anderson Bloomington Kokomo and ends Thursday. The plan would raise sales and corporate taxes and create a local option income tax to fund property relief.
MENTIONED IN THIS ARTICLE
Senate Democrats
City Hall
Terre Haute
Otis R. Bowen
Senate
Robert J. Fair
Princeton
Gordon St. Angelo
Larry Conrad
William J. Brighton
Evansville
South Bend
Gary
Fort Wayne
Muncie
Anderson
Bloomington
Kokomo
Bowen
House
Also Mentioned on This Page
France
By Bill Neikirk
News Digest
George Esper
Fred W. Cherry
Portsmouth
James Warren
Gia Lam
Col. Cherry
Col
Warren
United Press International
Frank N. Hawkins
National Weather Service
By Jim Brigance
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