U.S. Debates Aid as New York City Faces Fiscal Crisis
The Senate Banking Committee opens work on a bill to aid New York City and avoid default on its debt while President Ford maintains opposition. House hearings will assess the national impact of a New York default as officials warn of broader consequences.
MENTIONED IN THIS ARTICLE
New York City
Senate Banking Committee
Potomac
Ford
Senate
House Banking and Currency Subcommittee
New York
Hugh Carey
Abraham Beam
Ford Administration
Beam
Washington
Uncle Sam
Ford to Attend Three Day Economic Summit in Mid November
President Ford plans a three day summit outside Paris with West Germany France Italy Japan and Britain to discuss world economic recovery trade monetary policy energy and relations with developing nations. Officials say the aim is to prevent a worldwide recession while avoiding inflation and a boom bust cycle amid competing national interests.
MENTIONED IN THIS ARTICLE
Ford
France
West Germany
Italy
Japan
Britain
White House
Paris
Great Britain
Organization of Petroleum Exporting
U.S
Monetarism and the Ugly Fact of Inflation
Leonard Silk analyzes the monetarist theory led by Milton Friedman, contrasting it with Keynesian ideas. Michael E. Levy tests inflation models using money-supply measures and Tobin momentum to assess whether monetary policy can restore price stability without crippling output. The piece weighs empirical evidence against theoretical claims in a two-decade policy debate.
MENTIONED IN THIS ARTICLE
New York
Thomas Huxley
Milton Friedman
University of Chicago
John Maynard Keynes
Ford Administration
Federal Reserve Board
Michael E. Levy
Conference Board
Levy
Tobin
Ford targets higher but slower spending growth in 1977
Commentary argues Ford seeks a 395 billion expenditure ceiling for fiscal 1977, aiming to raise spending by 25 billion next year rather than cut it. It notes projected 53 billion rise without ceilings, lists major increases, and cites Muskie warning of a looming 400 billion plus budget and over 1 trillion dollar debt if trends continue.
MENTIONED IN THIS ARTICLE
Washington
Ford
Congress
White House
Harry Hopkins
Senate Budget Committee
Edmund Muskie
Maine
Muskie
Gerald Ford
Ford fund drive frays as Packard resists mass mail appeal
Rowland Evans and Robert Novak report Ford aides clash with campaign finance chair David Packard over expanding fundraising beyond rich donors. Only 707000 raised, mainly from $1000 caps. Reagan’s higher yield alarms Ford loyalists. Other notes cover Soviet spy Rapota in Congress and secrecy around his expulsion.
MENTIONED IN THIS ARTICLE
Washington
David Packard
Ford
Packard
California Industralist
Defense
Ronald Reagan
Ford Campaign Committee
White House
Donald Rumsfeld
Reagan
Mr. Ford
Senate
Peking
Israel
Syria
Golan Heights
Grigory Rapota
U.S. Congress
Last Hurrah for HHH in Democratic Nomination Talk
James Reston analyzes Hubert Humphrey as the durable favorite for the 1976 Democratic nomination. He argues Humphrey, the veteran senator from Minnesota, is seen as the least unacceptable choice amid a divided party and is poised to appeal to leaders and voters with experience on domestic and foreign policy.
MENTIONED IN THIS ARTICLE
Humphrey
Sen
Edward Kennedy
Massachusetts
White House
If I knew you and you knew me poem
Letter to the editor prints an anonymous poem urging openness and sensitivity in human relations. It explores how mutual understanding could reduce conflict, noting life’s hidden woes and the ideal of seeing one another clearly. The author is listed as unknown.
MENTIONED IN THIS ARTICLE
the Star
Devine
Also Mentioned on This Page
Winchester Evening Star
N.Y
United States
America
Leonard Silk
James Tobin
Yale
New York Times News Service
By Frank van der Linden
By Rowland Evans
Robert Novak
Russia
Moscow
Rapota
House
FBI
Halls of Congress
Capitol Hill
Congressional
Henry Kissinger
Anatoliy Dobrynin
By James Reston
Hubert Humphrey
Democratic Party
Muriel
Eisenhower
John Kennedy
Johnson
Nixon
Ed Muskie
Fritz Mondale
Minnesota
Scoop Jackson
Brown
California
Askew
Florida
Wendell Anderson
Elliot Richardson
Nelson Rockefeller
George Bush
Civil Service
The
Foreign Service
Lyndon Johnson
Vietnam
Madison Square, Garden
Winchester
Evening Star
Thomas T. Byrd
Lewis H. Ebert
David H. Smith
Douglas B. O'Connell
Eugene P. Miller
Winchester Va
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