Ford says U S recovering from recession
President Ford declared the worst recession since the 1930s is ending and said the economy is at the bottom of the slide with signs of recovery. He cited rising retail sales lowering inventories and falling inflation as groundwork for a gradual upturn while opposing a $1.3 billion housing bill and a new consumer agency.
MENTIONED IN THIS ARTICLE
Washington
Ford
Federation of Independent Business
House
John J. Rhodes
White House
Congress
Rhodes
Housing starts rise to eight month high in May
UPI reports May housing starts at a 1.13 million annual rate the strongest since September, with permits at 909 000 up from 837 000 in April. Single family homes and multiunit buildings rise while mobile homes lag, signaling a slow recovery after a long downturn.
MENTIONED IN THIS ARTICLE
Washington
UPI
Mobile Home Manufacturers’ Association
Oil price rise would slow U.S. rebound says Simon
Treasury Secretary William Simon warned that advancing world oil prices could dampen the U.S. economic rebound and deal a devastating blow to some developing and industrial economies. He urged President Ford to publicly oppose any oil price increase, noting many in government favor a tougher stance.
MENTIONED IN THIS ARTICLE
Dow Jones
Ottaway
Washington
U.S
Treasury
William Simon
Simon
Ford
Organization of Petroleum Exporting Countries
OPEC
White House
Ford halts oil tax rise plan until fall
The Ford Administration will not raise the 2 dollar per barrel oil import tariff before September as Congress debates energy legislation and OPEC price movements. A phaseout of oil price controls is delayed pending Congress action and the House Commerce Committee review.
MENTIONED IN THIS ARTICLE
Dow Jones
Ottaway News Service
Washington
Ford Administration
U.S
Administration
Ford
Congress
Organization of Petroleum Exporting Countries
OPEC
White House
House Commerce Committee
Vietnam repatriation plans eyed for refugees at Ft Chaffee
UN and U.S. officials report the Provisional Revolutionary Government in Saigon has accepted repatriation in principle. About 160 Vietnamese at Ft Chaffee want to return to South Vietnam with possible transfers from Eglin, Pendleton and Indiantown Gap to begin in a matter of days or weeks.
MENTIONED IN THIS ARTICLE
FT. Chaffee
Ark
UPI
Saigon
Vietnam
David Arnold
United Nations High Command For
United Nations ‘High Commissioner
New York
Arnold
United States
Camp Pendleton
Eglin Afb
Fla
Ft. Indiantown Gap
Donald MacDonald
Chaffee
South Vietnam
United Nations
PRG
Joe Rogers
Western Arkansas Military Post
Rogers
Marine Corps
California
Thousands not helping with Viet revolution in Saigon
Radio Saigon quoted Saigon Liberation calling hundreds of thousands of former soldiers and others in hiding or refusing to participate in the Communist revolution. The broadcasts noted reopening of banks and resumption of foreign currency transactions in South Vietnam.
MENTIONED IN THIS ARTICLE
Saigon
Radio
South Vietnam
Bangkok
Saigon Expels Jiji Newsman Amid Press Trim
The new Communist government ordered Akira Kawamata, Saigon correspondent for Jiji, to leave Vietnam as part of thinning the foreign press. Earlier, Daniel Rodill, 36, a Philadelphia freelance journalist, was told to depart on the first available flight. Kyodo and most major Tokyo papers will retain Saigon reporters.
MENTIONED IN THIS ARTICLE
Daniel Rodill
Philadelphia
Saigon
Kyodo
Tokyo
Kawamata
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