Dollar toughness and the floating exchange debate
The piece argues for a floating dollar as a needed step to avoid artificial levels that invite speculative ruin. It notes likely higher U.S. interest rates, pricier European travel, and potential boosts in Japanese cars, with strength in agriculture as a key export path. It stresses discipline at home and firmness abroad to keep the dollar sound.
MENTIONED IN THIS ARTICLE
Zurich
France
United States
U.S
Federal Reserve Board
Europe
Vou
Gické
America
Washington studies warnings on fuel
Washington weighs energy warnings as leaders of five major associations say the era of abundant cheap fuel is ended. A Senate bill by Sen. Bellman seeks a national energy policy and moves to curb Federal Power Commission rate setting, while critics warn of special interests and uncertain policy outcomes. Washington also sees President Nixon promising administration solutions to the power dilemma, a hopeful first step.
MENTIONED IN THIS ARTICLE
Senate
Henry Bellman
Oklahoma Republican
Federal Power Commission
Bellman
American Gas Association
American Petroleum Institute
The
Atomic Industrial Forum
Edison Electric Institute
National Coal Association
Washington
Public employes push right to strike in California
Militant public workers push for collective bargaining and a right to strike, with unions like CSEA and CTA backing a comprehensive bill. A public employment relations board would oversee rules, while Gov Reagan opposes strikes, making enactment unlikely despite legislative support.
MENTIONED IN THIS ARTICLE
Joe Brooks
Copley
Sacramento
California State Employes’ Association
CSEA
California Teachers Association
CTA
Moretti
California
Walter W. Taylor
Ronald Reagan
Accountability for aides shakes California race
In California politics, Lt. Gov. Ed Reinecke faces scrutiny over aides actions affecting his gubernatorial bid. Aides quit amid speech disputes and a later associate linked to an alleged influence peddler prompted Currey’s resignation. Reinecke defends his integrity, while critics question how much remorse or accountability should extend to officeholders for staff missteps. An accompanying note remarks on American industry emitting 30 million tons of smoke and debris annually.
MENTIONED IN THIS ARTICLE
F. Eagleton
McGovern
California
Ed Reinecke
Ronald
Reinecke
San Diego
Steward
Morris Currey
Jerome Pierce
Sacramento
Currey
Pierce
Nothing to Hide Nixon Faces Watergate Scrutiny and Polls
Washington ponders President Nixon's role in Watergate. Sources say he did not authorize the break in but approved espionage aims aimed at undercutting Muskie Wallace and McGovern. Haldeman and Kalmbach figures linked to funding. Gray and Dean facets scrutinized.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Senate
Hugh Scott
Hugh
White House
Murray Chotiner
Chotiner
Maine
Ed Muskie
Muskie
Alabama
George Wallace
South Dakota
George McGovern
Haldeman
H.R. Haldeman
Dwight Chapin
Herbert Kalmbach
Kalmbach
FBI
Donald Segretti
L. Patrick Gray
John W. Dean III
Howard Hunt
Dean
Hunt
Executive Office
Rep
Phillip Burton
Dcalif
Burton
State Department
Barbs by Phil Pastoret
People wait for frost to disappear so they should turn off the refrigerator controls. Gwendolyn’s high heels aren’t wolves over six feet tall. The coffee club price rose by 50 cents to fund an antacid after coffee. A letter signed Ms may show a women’s libber or a poor typist.
MENTIONED IN THIS ARTICLE
Gwendolyn
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Sonny Buona Reno Bartelom Se
Rocky Graziano
Marto Hanna
beaTori
Ap.grannini
Henry Manani Bysalacch
Ini
ICO
Ralph Dills
Dtorrance
Assembly
Bob Moretti
D-Van Nuys
Benjamin Aaron
Institute of Industrial Relations
University of California At Los Angeles
Employment Relations Board
By Otto Kreisher
Lindsay
Manhattan
By Jack Anderson
Phil Pastoret
Bank OF America