Nixon imposes wage price freeze amid dollar devaluation scare
President Nixon enacts a wage and price freeze and allows a de facto dollar devaluation as part of a planned strategy to curb inflation. Congress approves cuts, and Treasury Secretary Connally defends the move while critics warn of hardship and broader economic strain.
MENTIONED IN THIS ARTICLE
Congress
Nixon
Europe
Japan
China
Office of Price Administration
Treasury
John B. Connally Jr
William Proxmire
Dwis
George S. McGovern
D-S.d
A.W. Clausen
California
Bank of America
Camp David
Foreign Market Fights Possible Dollar Plunge
Britain and Switzerland halted currencies as President Nixon’s moves rocked markets. Japan sold 300 million dollars to steady the yen while the Bank of Japan intervened. Italian banks paused dollar dealings and Rome hotels refused dollar exchanges despite American Express cashing travelers checks.
MENTIONED IN THIS ARTICLE
Nixon
Rome
Switzerland
National Bank
Britain
Japan
Swiss National Bank
Bank of Japan
American Express
Tokyo
U.S
Singapore
Hong Kong
Manila
Cesar Virata
Canberra
J. P. Lee
Chinese Manufacturers Association
J. B. Kite
Ohio Looks At School Merger Plan
The Ohio Senate reopening included a vote on a bill allowing branch campuses and technical institutes to merge into single general or technical colleges. The watered-down measure requires trustees to approve consolidations, reacting to protests from officials and communities.
MENTIONED IN THIS ARTICLE
Columbus
UPS
Ohio Senate
State Board of Regents
Senate
Ralph Regula
R-Navarre
Ohio
Gravity Can't Slow Austins Appears at Valley City
Valley City readers learn about Mike Austin, a top trampoline performer known for triple full twisting somersaults and double somersaults with full twists. The Austins, a duo, gained fame in inter-collegiate competition and now headline at the Valley City Street Flat on Sunday, Aug. 29.
MENTIONED IN THIS ARTICLE
Valley City
Austins
Mike Austin
Austin
Boyd
Mike
Valley City Street
Great Lakes water treaty clash at Michigan conference
At Mackinac Island a Great Lakes governors and premiers conference pressed back against U S and Canadian governments over a draft water quality treaty. Governor Milliken warned against watering down the accord as Michigan backs a direct state provincial role with an IJC water quality board.
MENTIONED IN THIS ARTICLE
Mackinac Island
Mich
Milliken
Michigan
Great Lakes
Great Lakes Basin
Water Quality Control Board
International Joint Commission
IJC
Washington
Ottawa
Control Board
Viet troops aided by air and artillery overrun hill base near DMZ
South Vietnamese forces with U.S. air and artillery support fought to retake Nui Ba Ho near the DMZ after the base, home to a 650 man battalion, was seized by North Vietnamese infantry. In the clash 31 government Marines were killed and 200 Communists reported dead. Helicopters evacuated an American adviser and 50 Marines. U.S. forces withdrew 1,500 troops last week, bringing total to 222,900.
MENTIONED IN THIS ARTICLE
Saigon
API
Demilitarized Zone
Dmz
Nui Ba Ho
U.S
Vietnam
State Welfare Rises In July
State auditor reports July welfare outlays exceed June totals by about 2.5 million. ADC and ADC-U totals led by Cuyahoga at 6.5 million, with Franklin and Hamilton counties next. Weather: mostly sunny with highs in the 80s and low 50s tonight, rain unlikely through Tuesday.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Joseph T. Ferguson
Cuyahoga
ADC
Adc-U
Franklin County
Hamilton County
Wadsworth Jaycees Win First at State Meeting
The Wadsworth Jaycees earned a first place award at the Ohio Jaycees quarterly All-State meeting at the Statler-Hilton. They also received a Gold Chip for the Geranium Sale project in the Ways and Means category, with Past President Gail Douglas accepting.
MENTIONED IN THIS ARTICLE
Cleveland
Wadsworth Jaycees
Ohio Jaycees
Statler-Hilton
Gail Douglas
Ohio
Dave Graham
The
First Place Project
Canes
A brief on Canes from the back page of the Gazette notes a focus on team updates, player movements, and upcoming schedule items. It highlights local teams and potential matchups, with terse notes on standings and event dates for readers.
MENTIONED IN THIS ARTICLE
T * Gazette
Also Mentioned on This Page
Detroit
America
Northern Ohio
Antique and Classic Car Club, Inc
Brunswick
Brunswick High School
Gazette
Sam ’ Boyer
Lucky Buttons
Fremont
Calif
Andy Oddo
Fraulein Schnitzell
Rebschell
Buttons
Canada
Probe Eyes
North Vietnam
U.S. Command
Wadsworth
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