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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jul 25, 1971

Page

2

Weather outlook with warm, shower chance ahead

Partly cloudy and warm today with highs in the 80s and mild tonight. Lows in the 60s. Tomorrow increases in cloudiness and warmth with a chance of showers and thunderstorms. highs near the upper 80s.

Ohio Temperatures Rise Across Outlook

Ohio's extended outlook shows mild days and cool nights from Tuesday through Thursday. Expect daily highs in the mid 70s to lower 90s with nighttime lows in the mid 50s to lower 60s and a chance of showers on Tuesday and Wednesday.

Ohio

Nixon backs broad loan guarantees for Lockheed aid

President Nixon publicly supports emergency loan guarantees for major businesses including Lockheed to avert a possible economy damaging collapse. The White House urges swift congressional action before the August recess while defense leaders debate the scope of the aid and its impact on the broader bill.

Nixon Lockheed Bill Washington Lockheed Aircraft Corp Congress Chies White House Senate John Tower R-Tex Pentagon Secretary of Defense Melvin R. Laird David Packard Senate Banking Committee Packard

Nuclear artificial heart study in Cleveland advances

TRW Inc and the Cleveland Clinic study a nuclear powered artificial heart that could run up to ten years. The device would be implanted in the chest to assist the heart, using a radioisotope source and aiming to minimize extraneous radiation, with the project in its first stage under Atomic Energy Commission oversight.

Cleveland (Ap TRW Inc Cleveland Clinic Yukihiko Hose Clinic Nose Atomic Energy Commisteo Sion Dr. Nose

Foundations to pay taxes under 1969 reform plan

The 15 largest foundations will pay about 13 million dollars to the U.S. Treasury for 1970 under the 1969 Tax Reform Act. By 1975 foundations must donate either total net income or at least 6 percent of investment returns. The report warns of higher future payouts and critiques high admin costs and underperforming stock holdings. Foundations named include Ford, Rockefeller, Duke Endowment, Lilly Endowment, Pew Trust, Kellogg, Mott, Kresge, and Carnegie Corp.

Washington UPI U.S. Treasury Ford Foundation Rockefeller

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