Optimism Grows Over Early Year Economic Prospects
White House economic advisers express optimism about the first quarter as GNP may show solid growth. McCracken cites auto and retail momentum and predicts 9 percent GNP growth for the year with unemployment around 4.5 percent by mid-1972. The inflation alert notes steel wage talks and cab regulation as factors shaping prices and transport policy.
MENTIONED IN THIS ARTICLE
Washington
White House
McCracken
Nixon
Council of Economic Advisers
GNP
Ecomomy
Nixon backs off plan to send only volunteers to Vietnam
Defense Secretary Melvin R. Laird indicated the administration is reexamining the idea of an all volunteer force in Vietnam. He cited enlistment problems and family concerns, noting a study suggests a threshold force of 200000 to 240000 would be needed before such a program could work. Pentagon sources remain cautious.
MENTIONED IN THIS ARTICLE
Washington
Vietnam
Melvin R. Laird
U.S
Laird
Nixon
South
Pentagon
More Funds Needed For Suburban Washington Subway
The Washington Area Transit Authority says Northern Virginia localities must add 55 million dollars, the District of Columbia 61 million, and Maryland suburbs 34 million. Northern Virginia totals include Alexandria 30.6 to 39.9 million, Arlington 55 to 76.1 million, Fairfax County 61.9 to 84.7 million, Fairfax city 2.6 to 3.2 million, and Falls Church 0.8 to 1 million. The plan hinges on a federal guarantee of 1.2 billion in revenue bonds, which would make 300 million more available with local matches.
MENTIONED IN THIS ARTICLE
Washington
Washington Area Transit Authority
Northern Virginia
District of Columbia
Maryland
Alexandria
Arlington
Fairfax County
Fairfax City
Falls Church
Congress
Nixon
Virginia honors first Pete Gray IV memorial scholar
University of Virginia third year student Ross Augustus Howell Jr. is named the inaugural Arthur P. Pete Gray IV memorial Foundation Scholarship recipient. The award supports tuition and room expenses and honors a Richmond graduate killed in Vietnam.
MENTIONED IN THIS ARTICLE
Charlottesville
Ross Augustus Howell Jr
University of Virginia
Arthur P
Pete” Gray IV
Richmond
Vietnam
Edgar F. Shannon, Jr
Howell
University
Friends of
Gray
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