Burns and Nixon ally urge tough anti inflation measures
Federal Reserve Chairman Arthur Burns proposed compulsory arbitration and a wage price review board to curb inflation. He urged broader motion wage law changes and more liberal air import quotas while Labor leaders attacked the plan as misaligned with current recession needs.
MENTIONED IN THIS ARTICLE
Bill Neikirk
Washington
Nixon
Federal Reserve Board
Arthur F. Burns
Organized Labor
Afl-Cio
George Meany
Burns
America
Pepperding College
Los Angeles
Social Security Bill Faces Amendments and Delays
Unrelated riders stall action on a massive Social Security package as amendments shape the rate base. Congress weighs raising the wage base from 7800 to as much as 12000 to fund a proposed 9 billion annual benefits increase, with Senate Finance and House committees amid wrangling over taxation, welfare reform, and coverage.
MENTIONED IN THIS ARTICLE
House
Robert M. Bail
Congress
Senate
Fis
Nance Committee
Joe Hall
Associated Press
Washington
Senate Finance Committee
Ric
Senate House
Nixon
Sen
Russell B Lang
D-La
Finence
Major Consumer Bill Tossed On Scrap Heap
Washington AP reports a major consumer class action bill was killed in Congress. The measure would have expanded FTC powers and allowed defrauded claimants to sue. Debate highlighted fears of harms to business. Senate leaders noted dwindling time in the session.
MENTIONED IN THIS ARTICLE
H. L. Schwartz III
Washington (Ap
Iis
Congress
Nixon
Federal Trade Commission
Huw
Senate
Hugh Scott
Pennsylvania
Scott
Norris Cotton
New Hampshire
Commerce Committee
Nix Saigon
Uson
Wasiington
Gram
Willon
Ich
Hughes Empire Struggle Looms Over Nevada gambling interests
Las Vegas AP report details Howard Hughes denying kidnapping rumors after a Bahamas call to Governor Laxalt. The Nevada power struggle centers on Hughes gambling and property holdings, with executives firing Maheu and Hooper amid lawsuits. Hughes vacationing on Paradise Island, voice identified by Laxalt. authorities monitor security and corporate control.
MENTIONED IN THIS ARTICLE
Terry Ryan
LAS Vegas
Nev
Howard Hughes
Nevada
Bahamas
Hughes
Dan Jones
Des
Bins Industrals
Paradise Island
Paul Laxalt
Laxalt
Dist
Alty
George Franklin
Sands
Pyal
Desert Inn
Sheriff's Deputies
Hughes Tool Co
Texas
Nevada Enterprises
Robert Mahell
Robert Hooper
Too
Maheu
Hooper
Salis
Stock Prices Turn Downward in Early Trading
New York reports stock prices turning downward in a brisk trading session as analysts cite profit taking and tax selling. The market faced broad declines with many leading issues slipping amid renewed investor caution.
MENTIONED IN THIS ARTICLE
New York
Farmer plans civil rights activist role after government service
James Farmer, 50, former head of the Congress of Racial Equality, announces resignation as assistant secretary of Health Education and Welfare. He says his unhappy 20 months in federal bureaucracy spurred him to return to activism, planning to lecture, write his autobiography, and organize a think tank to influence minority policy. He cites limited civil rights progress inside government and aims to address racial and economic inequality outside official channels. He leaves on a basis he calls very odd while White House aides note his focus was on management and programs rather than direct civil rights enforcement.
MENTIONED IN THIS ARTICLE
Washington
James Farmer
Congress of Racial Equality
Health, Education and Welfare
Farmer
Hia
Earingr
White House
South
Bible Thought On Ice And Cold In The North
Fragmentary note reflects on ice and cold as essential to life and God’s plans. The text evokes northern conditions and a spiritual reflection on nature. No clear event or person is identified.
Cities Should Admit Defeat Mayors Told
Atlanta AP report quotes Minneapolis Mayor Arthur Naftalin urging city leaders to concede deterioration and seek aid from suburbs, state and federal governments. He urged nonpartisan action to revive federalism and pursue meaningful revenue sharing in Congress, noting recent talks and an agreement on a revised revenue sharing bill with Nixon aides.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
Fortunce
Naftalin
National League of Cities
University of Minnesota
Nixon
Conress
Nixon Administration
Congress
Beltone Hearing Aid Free Offer in Hagerstown
Free Beltone hearing aid offer targets those who hear but do not understand words. The tiny non-operating model weighs under a third of an ounce and is worn at ear level in one unit with no wires. Call 733-0900 or write Beltone Hearing Aid Service, Professional Arts Center Suite 212, Hagerstown.
MENTIONED IN THIS ARTICLE
Finance Committee
Long
Washington
Socie
Hagerstown
jBeltone
Jmotel
Beltone
Sonneone
Beltone Hearing Aid Service
Aris Tidy
Also Mentioned on This Page
Meany
Fed
Mace
Beard
Paul W. McCracken
McCracken
United States
Dens
George Romney
Housing and Urban Development
Cites
HOKE
Mwoit
Claums Cuutls
eNriencarier
Dalin
Hughes’ Empire
New York Stock Exchange
Tenneca
Yao
Pan American
Crown Cork
Texaco
Mattel
Cambodia
Peam Chikang
Fhiam Penh
John T. Wheeler
Phnom Penh
TH Bate Ale
Sagenies
Rulishad
Suni
Coes
U.S
Paul Lazali
Twit
Falls
Officiels
Robart Mahe
Mahau
Rudolph Wurlitrer
Bnih Bey
Sperter
Vie Led
Inney
Bible Thought
Humanity
Hunigipal Parking
Wuntgipal Parksho
Fraklim
St. Peer
Willa
Worciful Parkeng
Alor Parkor
Horwa
Haman
Aum
Euelers
W. Washington Sr
Benk Amertcard
HV Italchey Aatatrad
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