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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Dec 30, 1969
Page
5
Fay Kohler, Dr. C Stark Draper, Dr. Walter Roberts and Alexander Dessler discuss the future of the space program. Dr. Draper, retiring head of the Instrumentation Lab at MLT, developed an inertial guidance system for Apollo and Polaris.
A U S businessman, once warmly welcomed across Latin America, is now widely shunned for alleged resource plunder and deals with corrupt officials. Nationalist shocks heighten government takeovers such as Peru’s 1968 seizure of International Petroleum Corp. and bank ownership rolls, with rising anti foreign sentiment deterring investment.
A congressional probe reports major weapons systems cost about 50 percent above initial estimates with Navy shipbuilding overruns potentially reaching 1.2 billion. Navy officials cite contractor claims on 125 ships and a €62.9 billion total for 38 major systems, far above 42 billion first figures.
In South Boston today, search efforts continued for Clarence Oakley the 60 year old manager missing since a downtown fire destroyed Roses Variety Store on Main Street at about 7 p.m. Fire officials said the blaze leveled the two story building and forced evacuation of prisoners from the city jail. Damage was estimated at 250000 dollars.
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