Ford urges restraint on social spending at summit
At the seven nation economic summit in Puerto Rico President Ford urged moderation of social welfare spending to curb inflation and avert a potential global recession. Greenspan noted the administration’s concern over overambitious goals and rising living standards fueling inflation.
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Puerto Rico
Ford
America
Alan Greenspan
Council of Economic Advisers
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State Department
Helmut Sonnenfeldt
Sonnenfeldt
Balloonist Karl Thomas Believed Still Aloft Over Atlantic
Ground crew in New York maintains confidence that 27 year old balloonist Karl Thomas remains airborne 18 hours after lift off from Lakehurst New Jersey. He flies a 90 foot helium craft using dead reckoning with a backup radio and sextant after antenna failure cut direct contact.
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Karl Thomas
Paris
Gary Johnson
Johnson
Thomas
East River
Lakehurst
N.J
Naval Air Station
Norfolk
Halifax
Canada
U.S. Coast Guard
Jetliner Held Hijackers Free Some Passengers
Palestinian hijackers holding an Air France jet at Entebbe allowed some passengers to disembark while still keeping crew and most travelers aboard. Negotiations began as Ugandan and French officials seek terms, with about 256 aboard and several nationals reported among the passengers.
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Air France
Paris
Entebbe
Idi Amin
Pierre Renard
Marxist
Popular Front For the Liberation of Palestine
France
United States
Israel
Egypt
Syria
Kenya
Radio Israel
Amin
Reagan Narrowly Closer to Securing GOP Nomination
Reagan moves within 25 delegates of Ford after winning 46 of 46 Montana Idaho and New Mexico delegates plus two Wyoming uncommitted votes. Ford faced a weekend drop from 1,001 to 984 committed delegates as Carter grows toward the Democratic nomination.
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Ford
Republican National Committee
Minnesota
Reagan
Montana
Idaho
New Mexico
Wyoming
California
Georgia
Jimmy Carter
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Associated Press
Kansas City
Puerto Rico
Washington
Carter
Edmund G. Brown
Mayors urge Ford not to veto public works act
Milwaukee report says Republican and Democratic mayors at the United States Conference of Mayors urged President Ford not to veto the four billion dollar public works bill. They met with Stephen G. McConahey, the White House liaison, and most supported a conference resolution backing the legislation.
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Milwaukee
Congress
United States Conference of Mayors
Stephen G. McConahey
The
Con
Eanes Wins Portugal Presidency Amid Free Election
Gen Antonio Ramalho Eanes won Portugal's first free presidential vote with 61.41 percent, defeating ultraliberal Maj Otelo Saraiva de Carvalho who had 16.6 percent. Turnout reached 75.35 percent with Soares set to become premier, while Pato and Carvalho vowed to challenge a minority government.
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Lisbon
Portugal
Antonio Ramalho Eanes
Eanes
Maj
Otelo Saraiva de Carvalho
Communist Party
Octavio Pato
Socialist Party
Mario Soares
Jose Pinheiro de Azevedo
Soares
American Soldier Among Four Sentenced in Angola War
An American, Daniel Gearhart, and three British mercenaries were condemned to death by firing squad by Angola's People's Revolutionary Tribunal for roles in the civil war. Two other Americans received prison terms.
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Luanda
Angola
Daniel Gearhart
People’s Revolutionary Tribunal
Star Whiz Kid Robert Ludwig in Options Trading
Today's business page profiles Robert Ludwig, a West Virginian using a local investment house to engage in options trading. The feature highlights his notable early financial savvy and ambitious approach.
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Whiz Kid
Robert Ludwig
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