Nixon predicts 1972 economy gains amid wage controls
The Council of Economic Advisers reports a robust 1972 outlook with higher spending by business, government and consumers, while wage price controls stay until inflation cools. Real output surged in late 1971 and is forecast to rise further, with unemployment aimed to fall from 6 percent.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Council of Economic Advisers
Congress
Council
Capitol Hill
United States
Herbert Stein
Hijacker killed by FBI after ransom flight from Albany
Heinrich Von George 45 of Brockton Massachusetts hijacked Mohawk Airlines F227 from Albany to New York City and redirected to Westchester County Airport. He released 42 passengers, seized $200000 in ransom and held stewardess Hileen McAllister at gunpoint before being shot by an FBI agent as he tried to escape in a car.
MENTIONED IN THIS ARTICLE
Poughkeepsie, N.Y
Hileen McAllister
von George
Mohawk Airlines
Albany
N.Y
New York City
LaGuardia
Westchester County
White Plains
Miss McAllister
Carl Rieth
Harshaw Chemical workers strike after contract impasse at Elyria plant
About 300 members of International Chemical Workers Union Local 73 rejected Harshaw Chemical Co final offer and began strike. Picket lines at 8 a.m. blocked access while salaried staff permitted through. The union seeks higher wages and improved fringe benefits after rejecting three prior proposals amid wage price freeze policies. Local 10 in Cleveland coordinating action with Local 73. Negotiations paused after company offered two modest first year options and a pension tweak, with the union pressing for larger gains in both wage and benefits.
MENTIONED IN THIS ARTICLE
International Chemical Workers Union Local 73
Harshaw Chemical Co
C-T
John St
UAW
Rt. 113
Ward Peters
Nixon
Peters
Elyria
Local 10
Harshaw
Cleveland
Local
Kewanee Oil Co
Oberlin officers and chief to testify in gambling probe
Lorain County grand jury began hearings with state investigator C D Phillips first. Oberlin Police Chief Lawrence Nowery and Officers Robert K Jones and Michael Kelly due to testify. Other witnesses including Joseph Siegler and Letco Toyota staff were listed, with possible extension of the probe.
MENTIONED IN THIS ARTICLE
Oberlin
Lorain County Grand Jury
Oberlin Police Department
Ohio State Bureau of Criminal Identification
Lawrence Nowery
Robert K. Jones
Michael Kelly
Lorain County
C.D. Phillips
London
Joseph Siegler
South Euclid
Letco Toyota
Broad St
Daniel Alonzo
Mayfield Heights
Letco
Patricia Haendiges
Georgetown Ave
Siegler
Robert Rotatori
Joseph R. Grima
Granda
Peterson replaces Stans as commerce secretary
President Nixon announced Maurice Stans resignation from the Commerce post and named Peter G. Peterson, his international economic policy adviser, to succeed him. Stans will join Nixon’s re election campaign leaving public office to assist the party.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Maurice Stans
Peter G. Peterson
Stans
U.S. Pushes Paris Pact Signing For Vietnam Withdrawal
Washington says troops will not leave South Vietnam until a final comprehensive peace agreement is signed based on Nixon’s latest plan. North Vietnam accuses Nixon of electioneering and calls the talks a smoke screen while Viet Cong criticizes the proposal.
MENTIONED IN THIS ARTICLE
Paris
United States
South Vietnam
Nixon
Henry A. Kissinger
North Vietnam
U.S
William J. Porter
Vietnam
Fore Porter
Xuan Thuy
Porter
Weather outlook with cold, possible snow and freezing rain
Variable cloudiness and cold today with a chance of snow flurries. Highs in the upper teens to low 20s. Snow chances tonight and tomorrow with possible mix of freezing rain. Lows tonight in the teens. Winds north to northwest today, northeast tomorrow. Sunset today 5 37 p.m. Sunrise tomorrow 7 44 a.m. Details on page 73.
Also Mentioned on This Page
Stein
Con
WYC
Hawa
Texas
colUmeBlé
Department of Labor
FBI
Rieth
William O'Hara
U.S. Air Force
Air Force
Re Comban
By Earel Neikirk
Peterson
Commerce Post
Bulletin
Wellington
Pham Dang Lam
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