Beame Denounces Ford Plan as Cop-out for New York
New York Mayor Abraham Beame, speaking at the National Press Club, blasts President Ford as offering a cop-out not a cure for the city's fiscal crisis. He accuses Ford of urban rural bitterness and urges federal loan guarantees while noting New York may avert default with a $750 million package.
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Millions in US orders loom as NYC bills spark anxiety
In New York City, 14 000 suppliers nationwide call City Hall about paying for 500 million dollars in goods, including 300 million in subway cars. Vendors like Airport Motors fear nonpayment could ripple through auto parts, meat, and glass industries. Mayor Beame notes unpaid city bills are a national issue, while NYC signs no new long term contracts, only short term perishable purchases.
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Sadat seeks Congress aid and peace push during U S visit
Egyptian President Anwar Sadat ends a 10 day state visit with a direct appeal to Congress for economic and military aid and a pledge of intensified diplomacy for Middle East peace. He and President Ford plan a joint communique on aid and a nuclear pact as talks cover Israeli withdrawal and a possible Geneva conference.
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