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June 30, 1971 - Image 7

Resource type:
Text
Publication:
Michigan Daily, 1971-06-30

Disclaimer: Computer generated plain text may have errors. Read more about this.

I Wednesday, June 30, 1971

THE MICHIGAN DAILY

Page Seven

X

/ aigPresident vetoes job bill,

The man who shot Colombo?
Police carry a man believed to be the gunman who shot reputed
S mob chieftain Joseph Colombo Sr. to an ambulance Monday in
New York City. Later identified as Jerome Johnson, 24, of New
Brunswick, N.J., the man died on the way to the hospital. He was
shot down by an unknown person moments after bullets cut down
Colombo.
'I
n ews briefs
By The Associated Press -
HUEY NEWTON, a founder and the highest ranking officer in
the Black Panther party, went on trial again yesterday for the
fatal shooting of an Oakland policeman.
It is the second time that Newton is being tried for the shooting.
He was found guilty of the crime in 1968 but that conviction was over-
turned by the California Court of Appeal two years later.
A HOUSE COMMERCE SUBCOMMITTEE yesterday recom-
mended that the Columbia Broadcasting System (CBS) and its
president, Frank Stanton, be held in contempt of Congress for refus-
ing to comply with the demands of a subpeona.
The action by the subcommittee follows Stanton's repeated refusal
to turn over to Congress the material collected for the CBS program
"The Selling of the Pentagon."
ANTI-WAR ACTIVIST Leslie Bacon was indicted today by a
federal grand jury on charges of making bombs and conspiring to
blow up the First National City Bank in New York last Dec. 4..
Bacon, 19, has already been indicted in New York by another
* grand jury on a charge of conspiring to firebomb the same bank.
Subscribe To
THE MICHIGAN DAILY,
NOW SHOWING -2ND HIT WEEK
mar Box Office
NIGHTLY Opens 15 Min.
":6AT Before First
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Matinees Added
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upholds
WASHINGTON (/P) - President
Nixon ruled out Tuesday any
stimulation of the economy with
new tax cuts, coupling his deci-
sion with a veto of a $5.6-billion
public works bill designed to cre-
ate more jobs. '
In deciding to stick with his
present economic policies, Nixon
named Treasury Secretary John
Connally as his chief economic
spokesman, a newly created post.
Connally, a Democrat and
three-time Texas governor, told
newsmen Nixon feels the econo-
my is on the right path and does
not need new stimulants now.
Democratsresponded by criti-
cizing Nixon's decision to stay
put with his economic policies
and the veto.
Connally said that, although it
will take time, the present 6.2
per cent unemployment rate will
begin to decline through the poli-
cies the President has laid out.
The secretary summed up Nix-
on's ideas about the economy this
way: "He is not going to insti-
tute a wage and price review
board. He is not going to insti-
tute mandatory wage-and-price
controls. He is not going to seek
tax reductions. He is not going
to increase fiscal spending."
All these proposals have been
mentioned within Nixon's admin-
istration and by Democrats as
measures to cut into unemploy-
ment and battle inflation.
Nixon vetoed the public works
bill by saying it "would not even
make a real start on delivering
its implied promise" of creating
new jobs quickly.
..Groea a
G s
In -
bok't

present,
The President said he was ve-
toing the bill because of a $2-bil-
lion section of the measure that
would set up public works pro-
jects in localities with high un-
employment rates.
A similar law approved in 1962
indicated an 18-month time lag
before the vetoed measure would
become fully effective, Nixon
said. He said by then "further
stimulation would be unnecessary
and inflationary."

policy
But the President asked Con-
gress to enact promptly an emer-
gency employment act to finance
creation of temporary public
service jobs. He argued these
jobs could be filled quickly and
help cut unemployment.
The vetoed measure includes
money for the Appalachian Re-
gional Commission and the Eco-
nomic Development Administra-
tion.

TONIGHT ONLY!
HUMPHREY BOGART
LAUREN 1BACALL in
THE BIG
SLEEP
(Warners, 1946)
Probably the finest detective movie ever,
combining the best efforts of the best old
pros-Humphrey Bogart, Howard Hawks,
William ('What tinsel?') Faulkner, and
Jules Furtman, who wrote half the good
movies that ever came out of Hollywood.
ALSO-CHAP. 9, FLASH GORDON
AUD.A. 7and9p.m. 75c
Series A, B, D sold out
Series C subscriptions available
MENDELSSOHN LOBBY, Mon.-Fri., 12-4 p.m.

I

AUSTIN
DIAMOND
1209 S. University 663-7151

W

Pan Am StudentYouth Fure--Europe
Now available--Student/Youth Fares to most major cities in Europe.
These fares are valid for one year, any day, any flight. Basic season
fares and ages listed below:
From Detroit Student/Youth Fare Student Age' Youth Age*
TO: AMSTERDAM $253.70 12-29 12-25
BRUSSELS 253.70 12-29 12-25
COPENHAGEN 263.70 12-25
GERMANY 263.70 12-25
(All Cities)
GLASGOW 240.00 12-14 15-25
HELSINKI 263.70 26-29 12-25
LONDON 240.00 12-14 15-25
MILAN** 259.00 12-25
OSLO 263.70 12-25
PARIS 253.70 15-25
SHANNON 253.70 12-25
STOCKHOLM 263.70 12-25
ROME 259.00 12-25
*Inclusive **Eff. July 15
See your Pan Am travel agent or coil Pan Am reps. Tom McCaffrey or Tim Jones at
769-3814, Ann Arbor or 274-8850 Metro Airport
Daily non-stop service from Detroit to London continuing on to Amsterdam

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