Dollar Drops To New Lows Across Major Markets
The dollar fell to new lows in West Germany and Japan and weakened in London Paris Zurich and Frankfurt as speculation swirled about devaluation amid international monetary crisis. The pound rose to a devaluation-era high, while Swiss and other rates showed the dollar sliding to multi‑year lows in several venues. Experts cited government controls on inflows as a mitigating factor.
MENTIONED IN THIS ARTICLE
London
U.S
West Germany
Japan
Frankfurt
Tokyo
Zurich
Paris
Nixon summons money experts for White House meeting
President Nixon convened his four top monetary advisers John Connally Paul McCracken Arthur Burns and George Shultz at the White House for a session on dollar problems abroad and inflation at home. Officials said no decisions were disclosed and that discussions followed a Florida weekend budget push. Nixon also ordered State Secretary Rogers to pursue a UN ceasefire and withdrawal in the India Pakistan conflict after briefing from a White House crisis study group.
MENTIONED IN THIS ARTICLE
Frances LE Wine
Associated Press
Washington
Nixon
White House
Key Biscayne
Fla
Ronald J. Bieter
Florida
Ehrlichtman
Treasury
John
Connally
Paul McCracken
Council of Economic Advisers
Arthur Burns
Federal Reserve Board
George Shultz
Office At Management and Budget
Morida
India
Pakistan
William P. Rogers
United Nations
Stock Prices In New Gains The Weather Elsewhere
Financial page notes stock prices rise in early trading while weather reports vary by region. The snippet mentions press distribution and subscription details for newspapers and AP dispatches. Indicates pricing for mailed editions and longer-term subscriptions.
Powell Poised for Senate Vote on Supreme Court Seat
AP reports Powell likely to win Senate confirmation by unanimous vote to fill the late Hugo L. Mack's seat. Rehnquist nomination faces a longer debate, with Bayh and allies delaying timetable while Powell support grows. ACLU to oppose Rehnquist, breaking its usual practice.
MENTIONED IN THIS ARTICLE
Wasitington
Lewis F. Powell Jr
Senate
Hugo L. Mack
Supreme Court
Asst. Atty
William Tt. Hehnquist
Agh Scott
Rehnquist
Powell
Bratt
Indred
Charles H. Percy
Percy
Sen
Birch Bayh
D-Cat
Feader
Rehehnquist
Bayh
William Rehnquist
Robert C. Byrd
Rehnanist
Richmond
John M. Harlan
Américan Civil Liberties Union
Rothquist
Cambodian Troops Suffer Heavy Losses Near Phnom Penh
Cambodian forces retreated from Bal Rocung, 16 miles northwest of Phnom Penh, after fierce two day fighting. About 50 soldiers were killed or wounded and 150 fled. 50 reached Thaom Baset outpost. North Vietnamese control of 25 miles of highway cited as driving civilians north toward Kanpang Thom.
MENTIONED IN THIS ARTICLE
Robin Mannock
Associated Press
Penom Penh
Phoore Penh
Bal Rocung
Thaom Baset
Nyovinniat
Kanpang Thom
National Food Bank Proposal Faces House Vote
Congress weighs a national food bank with up to 300 million bushels of wheat and 25 million bushels of feed grains. Storage would cost about 215 million dollars yearly while the plan draws opposition from the Nixon administration and farm groups. The measure passed Agriculture Committee 21 to 10 and faces Rules Committee action before a floor vote. The plan envisions government buys at or below five year price averages and reserves released during high prices or emergencies.
MENTIONED IN THIS ARTICLE
Carl C. Craft
Washington
Congress
Nixon
American Farm Bue
Capitol Hill
House ‘Rules Committee
House Agriculture Committee
Farmers Union
National Farmers Organ
National Grange
National Association of Wheat Growers
National Corn Growsers Association
Grain Sorghum Producers Association
Agriculture Committee
Paul Findley
National Food Bank
Secretary of Agriculture
Smith
Dlowa
Earl Bute
Butz
A. Com
Tule
LBJ to Attend Funeral Mass for Harriet McCormack
Former President Lyndon B Johnson and seven percent of Congress were among mourners expected at the Mass for Harriet McCormack wife of former House Speaker John W McCormack. The service was at St Margaret's Church Dorchester with Archbishop Medeiros officiating as her body traveled from Washington on a presidential jet.
MENTIONED IN THIS ARTICLE
Boston
Lyndon RB
Johnson
Congress
House
John W. McCormack
Nixon
Pat
White House
Carl Albert
Oklshome
McCormack
Harriet McCormack
St. Margaret's
Dorchester
Humberto J. Medeiros
College Students Seek Election of Young Delegates
Chicago AP reports a 3000 member Emergency Conference for New Voters backed a move to elect youthful delegates to the 1972 conventions. Aimed at creating a National Youth Caucus, the effort seeks to influence party rules and place more young people in state and county caucuses.
MENTIONED IN THIS ARTICLE
Chicago
Duane Draper
Association of Student Governments
I J
Democratic Party
Democrats
Draper
Daley
Richard J. Daley
Allan Towenstein
New York
Art Kaiminskin
Lowenstein
Manes
Nixon
Slater
Pary
Also Mentioned on This Page
Hagerstown
Perkins
Southern Methodist University
Gallas
Tex
Kristed
SMU
J. Claude Evans
MD. Bel
Ponna
Ty John Henry
Dow Jones
St. Louis
Albany
Salt Lake
San Diego
Albunque
San Fran
Eldy
Clewe
Anchorage
Seattle
Asheville
Vai
Spokane
Ciiy
Atlanta
Fanoa
Birmingham
CME
Charleston
Charlotte
Ely
Rain
Cincinnati
Cleveland
Teaver
Dez Moines
Delrail
Memphis
Miami
Clear
Milwaukee
Ing
St.p
New Orleans
Omaha
Cily
Phoenix
Ptland
Sun Hogar
Pale At
Hen Town
Ma Nan
Tri-State Area
Norborne Nursing & Convalescent Home
Clover Street
Berkeley Plaza
Norborne
Nursing & Convalescent Home
Clover St
Martinsburg, W. VA
Medicare
Veterans Administration Welfare
Sul Imers
Civhans
Kompong Thom
Saigon
I U.S. Navy
Laos
Cambodia
South Vietnam
Tinterprise
Constellation
North Vietnam
Mu Gia
Madnerine
Air Force
Rodert C. Seamans
Vietnam
Nort Vietnam
LBJ
Alan’s Stores
Réalités
Aban’s
Crosswalk
Long Meadow
Conte — Oper Dally
Ule
Fatis
Russell Stover Candies
W. Washington St
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