American Airlines admits illegal political contribution in 1971 72
American Airlines disclosed it made illegal corporate donations to President Nixon’s 1971 72 campaign after Herbert Kalmbach urged a $100 000 payment. George Spater took responsibility and noted the merger with Western Airlines was involved. Archibald Cox said admissions could influence charges and urged other executives to come forward.
MENTIONED IN THIS ARTICLE
Washington
American Airlines
Nixon
Herbert W. Kalmbach
George A. Spater
Watergate
Archibald Cox
American
Cox
Spater
Kalmbach
United Air Lines
Western Airlines
White House
Civil Aeronautics Board
Campaign Finance Committee
Common Cause
Finance Committee
Four GAO findings cite Nixon Agnew fund transfer violations
The GAO charged four election law violations in moving 49 900 from Nixons re election effort to a Salute for Ted Agnew gala. It said the Agnew committee misreported donors and the transfer and investigated Wharton a Maryland National Bank official. Trial set Sept 19.
MENTIONED IN THIS ARTICLE
Washington
General Accounting Office
Nixon
Ted Agnew
GAO
Agnew Committee
Blagden H. Wharton
Wharton
Maryland National Bank
Anne Arundel County
Justice Department
Archibald Cox
Spiro T. Agnew
Baltimore
Maryland
Hugh W. Sloan Jr
Senate Watergate Committee
Office of Federal Elections
Dollar Slumps To Record Laws
The American dollar slumped to record lows from Tokyo to Paris amid rumors of international moves to avert a monetary crisis. Analysts cite expectations of another devaluation against gold and a broader realignment like the Smithsonian Agreement of 1971, blaming Watergate for eroding confidence in Nixon's economic control.
MENTIONED IN THIS ARTICLE
London
Tokyo
Paris
Europe
Nixon
Testimony Begins in $1 Million Rail Suit Against Railroad Engineer
A $1 million civil suit accuses Winchester and Western Railroad and engineer John Kerr of negligence after a train backing onto a crossing collided with traveling salesman Jack A. Thornton. Opening statements claim poor warning, blocked vision, and failure to flag the crossing. Thornton suffered serious knee and wrist injuries and faces further surgery.
MENTIONED IN THIS ARTICLE
Winchester and Western Railroad
John Kerr
Winchester
Jack A. Thornton
Virginia Beach
Tidewater
Bernard Miller
Robert White
Miller
Thornton
Rt. 11
Winchester Memorial Hospital
Three Firemen Dead as Butane Tank Explodes in Kingman
A Kingman Arizona blast from a railroad butane tank car after a small fire killed three volunteer firefighters, injured 70 and hospitalized 25. Flames destroyed two buildings, damaged three others, and halted highway and rail traffic as planes and helicopters airlifted the severely burned to Phoenix and Las Vegas.
MENTIONED IN THIS ARTICLE
Kingman
Ariz
Charles Potter
Arizona
John Howell
Santa Fe
Roger Hubka
Bill Casson
Jimmy Cox
Doxel Suburban Gas Co
Mohave County General Hospital
Phoenix
Las Vegas
Nev
Bureau of Land Management
Highway Patrol
Air Force
Sharp June Rise in Wholesale Prices
The Bureau of Labor Statistics reports wholesale prices rose 2.4 percent in June, the sharpest gain since January 1951, driven by farm product costs. Unemployment fell to 4.8 percent, the first time under 5 percent since June 1970, as Nixon froze prices for 60 days.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Labor Statistics
Nixon
Unemployment Rate Drops Under Five Percent in June
The U S unemployment rate fell to 4 8 percent in June the first drop below 5 percent in three years amid a 650 000 rise in employment to 84 700 000. Teenager jobless rates declined from 15 4 to 13 3 percent. analysts note seasonal factors.
MENTIONED IN THIS ARTICLE
Washington
Record ransom paid in Argentina kidnapping
Reported payment of a record 3 million dollars by Firestone to abductors holds American executive John R. Thompson, Argentine subsidiary president, awaiting release. Police and company officials offer no comment as Thompson remains captive after being seized June 18 amid a wave of Argentine kidnappings.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Firestone Tire & Rubber Co
John R. Thompson
Firestone
Cleveland
Ohio
Thompson
U.S
Chile
Latin America
Brazil
Also Mentioned on This Page
Xiomara Aguilera
United States
Spain
Miss Aguilera
Desiree Benitez
Miami
Agnew Salute
Sloan Kuykendall
Labor Department
Assembly of Goa
Springcrest
Cuba
Hector J. Campora
Havana
Summer Worth’s
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