High Court Leaves Standing Ruling Allowing Copying of Copyright Articles
Date: 26 February 1975
US Sup Ct sends back to lower ct dispute over whether NJ radio and TV stations should be permitted to announce lottery results on their newscasts, suggesting Jan 2 law authorizing such news repts made lawsuit moot; Justice Douglas dissents (S)
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ABC URGES DELAY FOR FALL SEASON; CBS and NBC Reject Plan for Late September Start
Date: 27 February 1975
By LES BROWN
Les BROWN
Local 52 and Local 644 of Internatl Alliance of Theatrical and Stage Employes picket WOR-TV over reduction of its technical staff as result of change-over from film to videotape in its news operations (S)
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PRESIDENT PRODS CONGRESS TO ACT FAST ON TAX CUT; He Sees No Legislation Until June at Current Pace Seeks Energy Accord PRESIDENT PRODS CONGRESS TO ACT
Date: 27 February 1975
By JOHN HERBERS Special to The New York Times
John Special
Pres Ford, at news conf in Hollywood, Fla, says that at rate Cong is moving on tax cut, it might be June before legis reaches his desk; says he knows of nothing further he can do to reduce unemployment except possibly agree to tax cut larger than $16-billion he proposed on Jan 15 (S)
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Transcript of President's News Conference on Domestic and Foreign Matters:
Date: 27 February 1975
Pres Ford, in Hollywood Fla, news conf, says arms sales to other countries are not predicated on 'trying' to help US econ but on maintaining 'proper mil balance' in various areas of world (S)
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Money Growth Quickens, Burns Says; Stocks Drop 17.76 on Economic News; Fed Leader Resists Guidance on Policy From Congress Economic Analysis: The Money Puzzle
Date: 26 February 1975
By EDWIN L. DALE Jr. Special to The New York Times
Edwin DALE
Leonard Silk analysis of Amer economists's differing opinions on ways to revive econ; notes 1 school of thought feels Fed Reserve is doing best it can, and that Fed can exercise only limited influence over growth of money supply because businesses and consumers are lacking confidence to borrow and are still trying to rebuild their liquidity; 2d school is critical of Fed, accusing it of letting money supply drop as it did in 30's; econ counselling firm of Townsend-Greenspan & Co Inc claims Fed is aiming to achieve annual rate of increase in M-1 (demand deposits plus currency in circulation) of 5-7%; Fed Chmn A F Burns has told Sen Banking Com that he has 'no intention' of letting money supply increase by as much as 8% to 10% yrly; Prof Michael R Darby (UCLA), critic of Fed, thinks fears of future inflation are no excuse for not rapidly expanding monetary base now; major difference between Keynesian and monetarist schools is that monetarists feel growth of money alone will solve present econ situation (L)
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Sports News Briefs; Nevada Denies Booster Club Influence Jackson State Seeks N.I.T. Berth Florida-Born Son for Secretariat Horse Traders in $2-Million Deal About the Yankees ...
Date: 26 February 1975
Univ of Nev-Las Vegas athletic dir Bill Ireland, appearing before Nev Sen finance com to answer questions about $350,000-per-yr financing of school's football and basketball teams, says there was never pressure brought by Booster's Club on football coach Ron Myers to reinstate football player Mike Thomas; Ireland also denies allegations of pressures on coaches and shortage of tickets to gen public; com chmn Sen Floyd Lamb comments (S)
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