Stans Held 300000 Stock in Penn Central Tie to Bailout Effort
Secretary of Commerce Maurice H. Stans owned about 38000 shares in Great Southwest Corp holdings linked to Penn Central, disclosed after his confirmation. Records show Stans discussed with bankers a possible $200 million federal loan guarantee for the railroad, which the administration sought before bankruptcy.
MENTIONED IN THIS ARTICLE
Washington
Maurice H. Stans
Penn Central
Great Southwest Corp
Stans
Congress
Nixon
Associated Press
Pennsy
Paul A. Gorman
Secretary of the Treasury
Wright Patman
D-Tex
House Banking Committee
Secretary of Commerce
Enemy Guns Down 2 Choppers in Laos
In southern Laos two U S helicopters were downsed by enemy fire, killing three and wounding three more. U S gunships hit back and reportedly destroyed antiaircraft positions. Total Laos helicopter losses reach 15. U S casualties total eight dead nine wounded and two missing, with higher figures from field reports.
MENTIONED IN THIS ARTICLE
Saigon
U.S
Laos
North Vietnam
CIA
Ho Chi Minh Trail
Four Killed In Head-on Collision Near Princeton Indiana
Four people died in a head-on crash on Indiana 64 about five miles west of Princeton after cars crossed the center line on a snow covered highway. The deceased include Merlin R. Tombaugh 39 of Mount Carmel Illinois Stephen K. Broster 18 of Bellmont Illinois and two passengers Audrey Bedwell 43 and Jane Johnson 17. The weekend had seen several traffic deaths due to heavy snow and ice with two other fatalities reported including a Indianapolis minister Robert A. Bennett 22.
MENTIONED IN THIS ARTICLE
Associated Press
Indiana 64
Princeton
Merlin R. Tombaugh
Mount Carmel
Til
Stephen K. Broster
Bellmont
Tll
Audrey B. Bedwell
Tombaugh
Jane Johnson
Broster
Robert A. Bennett
Indianapolis
Ind
Indiana
Here
Warming Trend Forecast Here
Vigo County residents expect relief Monday night after a weekend snowstorm that dumped 6.5 inches. Schools may delay Tuesday. decision pending Monday night conditions. Winds light as highs reach the upper 40s, skies clearing. Road crews faced drifted east and west routes, with 1,000 miles of county roads under county and rented equipment.
MENTIONED IN THIS ARTICLE
Vigo County
National Weather Service
Carl Miller
Alex Menestrino
Vigo County School Corporation
Weather Summary for Terre Haute and Nearby
The forecast calls for fair tonight and Tuesday with a gradual warming trend. Lows in the 20s, highs in the upper 40s to around 50, with light west to southwest winds and a 5 percent precipitation probability. Illinois shows fair tonight and mostly sunny, warmer Tuesday with highs in the upper 40s. River stage 4.4 feet and falling.
MENTIONED IN THIS ARTICLE
Terre Haute and Vicinity
Indiana
Illinois
Rail unions edge toward deal dimming nationwide strike threat
Washington AP reports progress in rail labor talks as the Brotherhood of Railway and Airline Clerks signs an agreement with rail carriers after an all night session. Two other unions also reached agreements leaving United Transportation Union as the remaining potential strike force ahead of March 1. Details await ratification votes and Congressional action looms if talks fail.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Brotherhood of
Railway and
Airline Clerks
W. J. Usery Jr
Brotherhood of Maintenance of Way Workers
Hotel and Restaurant Employes Union
Clerks
James D. Hodgson
United Transportation Union
UTU
Congress
Turks Kidnap U. S. Airman Near Ankara
U S Air Force enlisted man Airman J C Jimmy Finley 24 of Fort Worth Texas was abducted near Ankara by at least three armed Turks believed to be leftist extremists. The base was entered undetected and Finley was taken from a vehicle at 3 30 a m. Guards fired on the assailants who fled. the truck was found ten miles from the base with Finley missing. The embassy asked Turkish authorities to secure a safe return as no contact had been made twelve hours after the incident. The case follows a surge in anti American violence tied to leftist groups opposing Turkey’s NATO ties.
MENTIONED IN THIS ARTICLE
Ankara
U.S. Air Force
U.S
J.C. Jimmy Finley
Fort Worth
Tex
Finley
Air Force
Foreign Ministry
Turkey
North Atlantic Treaty Organization
United States
Washingtons First Cabinet Named Four Members
A Sanctioned record notes George Washington formed his initial cabinet with four key officials: Thomas Jefferson as Secretary of State, Alexander Hamilton as Secretary of the Treasury, Henry Knox as Secretary of War, and Edmund Randolph as Attorney General.
MENTIONED IN THIS ARTICLE
George Washington
Thomas Jefferson
Alexander Hamilton
Treasury
Henry Knox
War
Edmund Randolph
US warplanes hit North Vietnam files and Laos base damaged
An American fighter bomber renewed strikes on North Vietnam missile sites while other U S aircraft reportedly bombed a CIA base in northern Laos. The day also brought reports of labor and international developments across Washington Tehran Jerusalem Ankara Princeton and beyond.
MENTIONED IN THIS ARTICLE
Saigon
North Vietnam
U.S
CIA
Laos
AFL-CIO Opens Winter Meeting Attacks Nixon Policies
AFL-CIO leaders in Miami Beach denounce President Nixon's economic plan and press for public service jobs programs, national health insurance, and import quotas. Andrew Biemiller outlined demands to boost employment, urban aid, health security, and worker protections while warning of vetoed manpower legislation. An allied pact among 17 unions and the National Constructors Association aims to curb jurisdictional strikes and improve productivity.
MENTIONED IN THIS ARTICLE
Miami Beach
Afl-Cio
Nixon
White House
Andrew J. Biemiller
Federation
Congress
Biemiller
U.S
Key Biscayne
National Constructors Association
Consumer Protection Agency
Shultz sees inflation under control this year
Budget Chief George P. Shultz says wage gains are not driving inflation and a productivity surge should help curb inflation in 1971. He cautions that construction faces wage pressures while broader wage growth remains noninflationary and asserts deficits differ by economic context. He notes inflation rates have moderated since early 1970 and wholesale prices show a decline.
MENTIONED IN THIS ARTICLE
Washington
George P. Shultz
Shultz
Associated Press
Office of Management and Budget
Hoosier Farmers Pressure Tax Relief At Statehouse
Indiana Farm Bureau president George Coup led more than 1,000 farmers to press property tax cuts as lawmakers gathered. Doctors from the Indiana State Medical Association urged a strong environmental act with a capable board, while ISMA favored an advisory panel and hearings.
MENTIONED IN THIS ARTICLE
Indianapolis
General Assembly
Indiana State Medical Association
Legislative Commission
Indiana House
State Board of Health
Environmental Control Commission
ISMA
Also Mentioned on This Page
H. L. Schwartz
George Esper
Capitol Hill
UTA
U. S
United Press International
News Digest
THE
United Steelworkers Union
Can
Tehran
Iran
Libya
Persian Gulf
Jerusalem
Israel
U.N
Gunnar V. Jarring
Cairo
Fort Worth, Tex
Sterling F. Green
Bill Neikirk
M. O. Scamahorn
Pittsboro
Andrew C. Offutt
Board of Health