On this day

July 7, 1971

Revisit the news, notable people, and historical moments connected to this date.

Historical Context for July 7, 1971

In 1971, the world population was approximately 3,769,847,865 people[†]

Notable Births

Christian Camargo

1971Christian Camargo, American actor, producer, and screenwriter[†]

Christian Camargo is an American actor. He is best known for playing army officer John Cambridge in Academy Award-winning film The Hurt Locker, Brian Moser in the Showtime drama Dexter, Michael Corrigan in the Netflix drama House of Cards, and Eleazar in The Twilight Saga: Breaking Dawn – Parts 1 and 2 and Tamacti Jun in See.

Notable Deaths

Claude Gauvreau

1971Claude Gauvreau, Canadian poet and playwright (born 1925)[†]

Claude Gauvreau was a playwright, poet, sound poet, and polemicist. He was a member of the radical Automatist movement and a contributor to the revolutionary Refus Global Manifesto.

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Headlines from July 7, 1971

29 LARGE BANKS RAISE PRIME RATE TO 6% FROM 5½%

By H. Erich Heinemann

Mfrs Hanover Trust and at least 28 others raise prime rates to 6% from 5 1/2%; of those banks only 6 are among 20 largest banks in country; Bank of Amer, First Natl City and Chase Manhattan hold 5 1/2% rate; Repr Patman calls on Pres Nixon to use his existing credit control authority to roll back rise, asserting rise is totally unnecessary and inconsistent with econ conditions; says Adm is asking Cong to approve $250-million to guarantee principal and interest to 24 major commercial banks involved in lending to Lockheed Aircraft and rise in interest rates could make these loans substantially more costly; there is some concern among bankers about potential pol backlash and widespread belief that Fed Reserve has been much too generous in adding funds to econ; '69-71 graph

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U.S. MAY PUT OFF REPLY TO VIETCONG

By Tad Szulc Special to The New York Times

sr Adm officials say US is giving such serious study to Vietcong proposals that formal response is likely to be delayed; say that subsequent clarifications contribute to making it unlikely that response will be delivered at next session of talks; comment on Le Duc Tho statements

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2 SLUM REBUILDERS ACCUSED BY RUSKIN

By Edith Evans Asbury

Comr Ruskin charges H Zabell and D Leber and various cos they control, which do rehabilitation jobs on slum bldgs for city, have pocketed $300,000 from inflated mortgage under city's Munic Loan Program; suspends further payments to them; also says Housing and Development Adm ex-Deputy Comr W D Clarke is under investigation; says data concerning 3 have been turned over to Dist Atty's office; Ruskin's action follows statement by Councilman Postel accusing Ruskin of suppressing massive evidence of widespread corruption and influence-peddling in program; Ruskin denies charges

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Nation's Energy Crisis: Nuclear Future Looms

By John Noble Wilford

nuclear power as trend in future discussed in 2d article in series; seen without doubt more plentiful, ultimately cheaper and relatively less damaging to environment than other fuels; drawbacks and fears discussed; US moves for use of hydrogen fusion process and fast-breeder reactor also discussed; diagram of Westinghouse concept for latter; map of nuclear plants and capacity in US; diagram of fusion reaction; control console of Jersey Central Power and Light Oyster Creek plant illus

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Bar Group Bids Judges Set Example of Decorum

By Lesley Oelsner

Amer Bar Assn unanimously votes to begin lobbying for 'humanitarian treatment' of POWs; will seek immediate 'repatriation of all seriously wounded or sick,' repatriation or internment in neutral country of those held for over 18 mos, and full list of those detained

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Governor Signs Bill Allowing Purchase Of Stadium by City

By Thomas P. Ronan Special to The New York Times

Gov Rockefeller signs bill authorizing NYC to buy and modernize stadium; Lindsay hails action; NYC legis repr R A Brown opposes action, memo describing stadium as physically and functionally obsolescent and unable to meet needs of pro teams and noting both football Giants and Yankees have recd overtures to move to proposed stadium in NJ

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HANOI AIDE SAYS P.O.W. AGREEMENT CAN BE SEPARATE

By Anthony Lewis Special to The New York Times

Le Duc Tho says that offer to return POWs if US withdraws troops by end of '71 is not dependent on pol settlement in S Vietnam, int; says question of POWs and withdrawal can be negotiated now in Paris talks with future pol arrangements to be discussed afterward; por; says when 1st batch of soldiers leaves, 1st batch of prisoners will be released; says as part of total withdrawal, US would have to end shelling by ships of 7th Fleet and bombing and close-support action by planes based in Thailand, and would have to withdraw all mil advisers attached to S Vietnamese Army; says agreement on POWs would apply only to Vietnam; says pol talks would be between Saigon adm, but without Nguyen Van Thieu, and Provisional Revolutionary Govt; says cease-fire would involve only Amer troops and 'liberation forces,' allowing continued fighting between Communist forces and S Vietnam; says accord on cease-fire would apply to Vietnam only, not rest of Indochina; indicates he would like to talk to Kissinger

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