Dollar Falls Abroad
Uncertainties over the political situation in the United States caused the dollar to weaken sharply on European currency markets, touching lows for the year before recovering in late trading. Details on Page 61.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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Uncertainties over the political situation in the United States caused the dollar to weaken sharply on European currency markets, touching lows for the year before recovering in late trading. Details on Page 61.
Dr Donald Coggan is named next Abp of Canterbury, spiritual leader of world's Anglican communion of more than 45-million people; will succeed Dr Arthur Michael Ramsey, who is scheduled to retire in Nov at age of 70; apptmt is made formally by Queen Elizabeth II, but in fact choice was made by Prime Min Wilson; Coggan is noted among theologians but is not so well known as Ramsey; list of principal countries and areas of world with chs belonging to Anglican communion and total number of ch members; his illus (M)
Sec Kissinger on May 14 shuttles between Syria and Israel without making any significant progress toward troop separation agreement between 2 countries; had set May 14 as his deadline for deciding whether he could achieve accord during current mission, now in its 17th day, but reptdly still wants 24 to 36 hrs to try to extract compromise; sr US official says situation is 'essentially in a holding pattern'; says chances for agreement by end of wk, when Kissinger must return to US, are slightly less promising than few days ago; Kissinger meets with Israeli Premier Meir and other Israeli officials; Israeli officials call Cabinet meeting for May 15 but reptdly doubt they will change Israel's position significantly; earlier in day, Kissinger meets with Syrian Pres Assad; central problem seems to concern differences over how far Israeli forces will withdraw on Golan hts (L)
Mayor A D Beame is planning change that will greatly increase status and authority of NYC Ethics Bd for 1st time since it was formed in '59 and became model for some 500 similar munic and state bodies; favors making it compulsory for Mayor and heads of NYC agencies to submit all nominees for important jobs to bd for approval before appointing them to posts; Mayor can affect change either by exec order or by City Council legis; Beame is exploring both options; pors of bd members Francis T P Plimpton, bd chmn, S Stanley Kreutzer, bd counsel, City Personnel Dir Harry I Bronstein, Mark F Hughes, Corp Counsel Adrian P Burke and Powell Pierpoint (L)
Newark Mayor Kenneth A Gibson wins re-election to 2d term on strength of black votes cast in city's South and Central Wards; leads State Sen Anthony J Imperiale, his chief opponent, by vote of 42,313 to 33,652, with all 196 election dists reptg; avoids necessity of runoff by capturing more than 50% of vote in 5-man field; former Deputy Mayor Lewis B Perkins Jr, former Essex County Freeholder Raymond P Stabile and James Rotonda, US Labor party candidate, prove to be no factor in balloting; campaign and issues revd; illustrations of Gibson and Imperiale
Music on My Birthday
The Top 50 albums for the chart week of May 15, 1974, covering May 15, 1974.
Soundtrack
Cat Stevens
Maria Muldaur
John Denver
Grand Funk Railroad
1974Vasilis Kikilias, Greek basketball player and politician[†]
Vasilis Kikilias is a Greek politician, currently Ministry of Maritime Affairs and Insular Policy in the second cabinet of Kyriakos Mitsotakis.
1974Matthew Sadler, English chess player and author[†]
Matthew David Sadler is an English chess grandmaster, chess writer and two-time British Chess Champion.
1974Marko Tredup, German footballer and manager[†]
Marko Tredup is a German former professional footballer who played as a right-back.
1974Ahmet Zappa, American musician and writer[†]
Ahmet Emuukha Rodan Zappa is an American musician, writer, actor and trustee of the Zappa Family Trust.
1974Ma'alot massacre: Members of the Democratic Front for the Liberation of Palestine attack and take hostages at an Israeli school; a total of 31 people are killed, including 22 schoolchildren.[†]
The Ma'alot massacre was a Palestinian terrorist attack that occurred on 14–15 May 1974 and involved the hostage-taking of 115 Israelis, chiefly school children, which ended in the murder of 25 hostages and six other civilians. It began when three armed members of the Democratic Front for the Liberation of Palestine (DFLP) infiltrated Israel from Lebanon. Soon afterwards they attacked a van, killing two Israeli Arab women while injuring a third, and entered an apartment building in the town of Ma'alot, where they killed a couple and their four-year-old son. From there, they headed for the Netiv Meir Elementary School in Ma'alot, where in the early hours of 15 May 1974 they took hostage more than 115 people including 105 children. Most of the hostages were 14- to 16-years-old students from a high school in Safad on a pre-military Gadna field trip spending the night in Ma'alot.
In 1974, the world population was approximately 3,996,416,096 people[†]