Word: w
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Dates: during 1970-1979
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...another Federal Court ruling, Frank W. Snepp III--a former CIA agent and author of Decent Interval, a rather embarrassing book about the old firm that cited several "secret" documents without agency permission--was told by the court to surrender the money he made on the book, because he didn't play by the rules. The issue has been fought out before: every CIA employee, when he comes to the agency, must sign a waiver that gives away his rights to use CIA materials outside the job without permission. Still, "secret" documents have been used by some...
...most the White House seems willing to accept is a bill with a $15 billion net cut in revenues but no reduction in the capital gains rate. At a Senate Finance Subcommittee hearing last week, Treasury Secretary W. Michael Blumenthal said that the Steiger amendment "should be called the Millionaires' Relief Act of 1978," a view shared by AFL-CIO President George Meany and other labor leaders. That did not especially please the six Senators present, half of whom can count their net worth in seven figures.- The most heated exchanges came when Republican Senator Bob Pack wood...
Treasury Secretary W. Michael Blumenthal quickly seconded the Fed chairman's appeal. By Miller's calculations, the increase could boost inflation by one-half of 1 % next year, as the higher wage costs in such businesses as restaurants, motels and supermarkets ripple through the economy...
DIED. Luther W. Youngdahl, 82, unflappable federal judge who in three famous rulings bucked the Government's anti-Communist zeal of the 1950s; of cancer; in Washington, D.C. Youngdahl, a deeply religious son of Swedish immigrants, was appointed to the bench in 1951 after five years as a racket-busting Republican Governor of Minnesota. In 1952 he drew a Government perjury case against Asia Expert Owen Lattimore, whom Senator Joseph R. McCarthy called "the top Soviet espionage agent in the United States." Youngdahl threw out several Government indictments against Lattimore, refused to withdraw from the case when...
...Star's two top jobs were filled by seasoned executives from Time Inc. Named as editor was Murray J. Gart, 53, who since 1969 has headed the TIME-LIFE News Service with the rank of assistant managing editor of TIME. The paper's new publisher is George W. Hoyt, 42, former president of a thriving Time Inc. weekly newspaper chain, the Chicago-area Pioneer Press...