As a result, in 1974, the International Bankcard Company (IBANCO), a multinational member corporation, was founded in order to manage the international BankAmericard program.
From 1974 to 1980 the bank concentrated on meeting the basic needs of people in the developing world. The size and number of loans to borrowers was greatly increased as loan targets expanded from infrastructure into social services and other sectors.
In January 1974, however, Ted abruptly broke off all contact. Her phone calls and letters went unreturned. Finally reaching him by phone a month later, Brooks demanded to know why Bundy had unilaterally ended their relationship without explanation. In a flat, calm voice, he replied, "Stephanie, I have no idea what you mean" and hung up. She never heard from him again. He later explained, "I just wanted to prove to myself that I could have married her". Brooks concluded in retrospect that he had deliberately planned the entire courtship and rejection in advance as vengeance for the breakup she initiated in 1968.
Shortly after midnight on January 4, 1974 (around the time that he terminated his relationship with Brooks), Bundy entered the basement apartment of 18-year-old Karen Sparks (identified as Joni Lenz, Mary Adams, and Terri Caldwell by various sources), a dancer and student at UW. After bludgeoning Sparks senseless with a metal rod from her bed frame, he sexually assaulted her with either the same rod, or a metal speculum, causing extensive internal injuries. She remained unconscious for 10 days, but survived with permanent physical and mental disabilities.
Year-round daylight saving time was implemented from January 6, 1974, to October 27, 1975, with a break between October 27, 1974, and February 23, 1975, when the country observed standard time. Parents complained loudly that it forced many children to travel to school before sunrise. The prior rules were restored in 1976.
The yearly New York Halloween Parade, begun in 1974 by puppeteer and mask maker Ralph Lee of Greenwich Village, is the world's largest Halloween parade and America's only major nighttime parade, attracting more than 60,000 costumed participants, two million spectators, and a worldwide television audience of over 100 million.
In the early morning hours of February 1, Bundy broke into the basement room of Lynda Ann Healy, a UW undergraduate who broadcast morning radio weather reports for skiers. He beat her unconscious, dressed her in blue jeans, a white blouse, and boots, and carried her away.
Washington Energy Conference opens. Attended by 13 industrial and oil-producing nations. Called by the U.S. to resolve the international energy problems through economic cooperation among nations. Henry Kissinger unveils Nixon Administration's seven-point "Project Independence" plan to make the U.S. energy independent. Libya nationalizes three U.S. oil companies that had not agreed to 51 percent nationalization in September.
To help reduce consumption, in 1974 a national maximum speed limit of 55 mph (89 km/h) was imposed through the Emergency Highway Energy Conservation Act. Development of the Strategic Petroleum Reserve began in 1975, and in 1977 the cabinet-level Department of Energy was created, followed by the National Energy Act of 1978.
During the first half of 1974, female college students disappeared at the rate of about one per month. On March 12, Donna Gail Manson, a 19-year-old student at The Evergreen State College in Olympia, 60 miles (95 km) southwest of Seattle, left her dormitory to attend a jazz concert on campus but never arrived.
The crisis eased when the embargo was lifted in March 1974 after negotiations at the Washington Oil Summit, but the effects lingered throughout the 1970s. The dollar price of energy increased again the following year, amid the weakening competitive position of the dollar in world markets.
On April 17, Susan Elaine Rancourt disappeared while on her way to her dorm room after an evening advisors' meeting at Central Washington State College in Ellensburg, 110 miles (175 km) east-southeast of Seattle. Two female Central Washington students later came forward to report encounters—one on the night of Rancourt's disappearance, the other three nights earlier—with a man wearing an arm sling, asking for help carrying a load of books to his brown or tan Volkswagen Beetle.
Bundy was working in Olympia as the Assistant Director of the Seattle Crime Prevention Advisory Commission (where he wrote a pamphlet for women on rape prevention). Later, he worked at the Department of Emergency Services (DES), a state government agency involved in the search for the missing women. At DES he met and dated Carole Ann Boone, a twice-divorced mother of two who, six years later, would play an important role in the final phase of his life.
The House Judiciary Committee opened impeachment hearings against the President on May 9, 1974, which were televised on the major TV networks. These hearings culminated in votes for impeachment.
In May 1974, Biden voted to table a proposal containing anti-busing and anti-desegregation clauses but later voted for a modified version containing a qualification that it was not intended to weaken the judiciary's power to enforce the 5th Amendment and 14th Amendment.
In the early hours of June 11, UW student Georgann Hawkins vanished while walking down a brightly lit alley between her boyfriend's dormitory residence and her sorority house. The next morning, three Seattle homicide detectives and a criminalist combed the entire alleyway on their hands and knees, finding nothing. After Hawkins' disappearance was publicized, witnesses came forward to report seeing a man that night who was in an alley behind a nearby dormitory. He was on crutches with a leg cast and was struggling to carry a briefcase. One woman recalled that the man asked her to help him carry the case to his car, a light brown Volkswagen Beetle.
The average US retail price of a gallon of regular gasoline rose 43% from 38.5¢ in May 1973 to 55.1¢ in June 1974. State governments asked citizens not to put up Christmas lights. Oregon banned Christmas and commercial lighting altogether. Politicians called for a national gasoline rationing program.
The Pacific Northwest murders culminated on July 14, with the broad daylight abductions of two women from a crowded beach at Lake Sammamish State Park in Issaquah, a suburb 20 miles (30 km) east of Seattle. Five female witnesses described an attractive young man wearing a white tennis outfit with his left arm in a sling, speaking with a light accent, perhaps Canadian or British. Introducing himself as "Ted," he asked their help in unloading a sailboat from his tan or bronze-colored Volkswagen Beetle. Four refused; one accompanied him as far as his car, saw that there was no sailboat, and fled. Three additional witnesses saw him approach Janice Anne Ott, 23, a probation caseworker at the King County Juvenile Court, with the sailboat story, and watched her leave the beach in his company. About four hours later, Denise Marie Naslund, a 19-year-old woman who was studying to become a computer programmer, left a picnic to go to the restroom and never returned. Bundy told both Stephen Michaud and William Hagmaier that Ott was still alive when he returned with Naslund—and that he forced one to watch as he murdered the other—but he later denied it in an interview with Lewis on the eve of his execution.
In August 1974, Bundy received a second acceptance from the University of Utah Law School and moved to Salt Lake City, leaving Kloepfer in Seattle. While he called Kloepfer often, he dated "at least a dozen" other women.
King County police, finally armed with a detailed description of their suspect and his car, posted fliers throughout the Seattle area. A composite sketch was printed in regional newspapers and broadcast on local television stations. Elizabeth Kloepfer, Ann Rule, a DES employee, and a UW psychology professor all recognized the profile, the sketch, and the car, and reported Bundy as a possible suspect; but detectives—who were receiving up to 200 tips per day—thought it unlikely that a clean-cut law student with no adult criminal record could be the perpetrator.
In light of his loss of political support and the near-certainty that he would be impeached and removed from office, Nixon resigned the presidency on August 9, 1974, after addressing the nation on television the previous evening.The resignation speech was delivered from the Oval Office and was carried live on radio and television. Nixon stated that he was resigning for the good of the country and asked the nation to support the new president.
A new string of homicides began the following month, including two that would remain undiscovered until Bundy confessed to them shortly before his execution. On September 2, Bundy raped and strangled a still-unidentified hitchhiker in Idaho, then either disposed of the remains immediately in a nearby river, or returned the next day to photograph and dismember the corpse.
On September 6, two grouse hunters stumbled across the skeletal remains of Ott and Naslund near a service road in Issaquah, 2 miles (3 km) east of Lake Sammamish State Park. An extra femur and several vertebrae found at the site were later identified by Bundy as Georgann Hawkins'.
The Ford White House considered a pardon of Nixon, even though it would be unpopular in the country. Nixon, contacted by Ford emissaries, was initially reluctant to accept the pardon, but then agreed to do so. Ford insisted on a statement of contrition, but Nixon felt he had not committed any crimes and should not have to issue such a document. Ford eventually agreed, and on September 8, 1974, he granted Nixon a "full, free, and absolute pardon", which ended any possibility of an indictment.
On October 18, Melissa Anne Smith—the 17-year-old daughter of the police chief of Midvale (another Salt Lake City suburb)—disappeared after leaving a pizza parlor. Her nude body was found in a nearby mountainous area nine days later. Postmortem examination indicated that she may have remained alive for up to seven days following her disappearance.
On October 31, Laura Ann Aime, also 17 years old girl, disappeared 25 miles (40 km) south in Lehi after leaving a café just after midnight. Her naked body was found by hikers 9 miles (14 km) to the northeast in American Fork Canyon on Thanksgiving Day.
In November, Elizabeth Kloepfer called King County police a second time after reading that young women were disappearing in towns surrounding Salt Lake City. Detective Randy Hergesheimer of the Major Crimes division interviewed her in detail. By then, Bundy had risen considerably on the King County hierarchy of suspicion, but the Lake Sammamish witness considered most reliable by detectives failed to identify him from a photo lineup.
In the late afternoon of November 8, Bundy approached 18-year-old telephone operator Carol DaRonch at Fashion Place Mall in Murray, less than a mile from the Midvale restaurant where Melissa Smith was last seen. He identified himself as "Officer Roseland" of the Murray Police Department and told DaRonch that someone had attempted to break into her car. He asked her to accompany him to the station to file a complaint. When DaRonch pointed out to Bundy that he was driving on a road that did not lead to the police station, he immediately pulled to the shoulder and attempted to handcuff her. During their struggle, he inadvertently fastened both handcuffs to the same wrist, and DaRonch was able to open the car door and escape.
Later that evening (8 November), Debra Jean Kent, a 17-year-old student at Viewmont High School in Bountiful, 20 miles (30 km) north of Murray, disappeared after leaving a theater production at the school to pick up her brother. The school's drama teacher and a student told police that "a stranger" had asked each of them to come out to the parking lot to identify a car. Another student later saw the same man pacing in the rear of the auditorium, and the drama teacher spotted him again shortly before the end of the play. Outside the auditorium, investigators found a key that unlocked the handcuffs removed from Carol DaRonch's wrist.
In December, Kloepfer called the Salt Lake County Sheriff's Office and repeated her suspicions. Bundy's name was added to their list of suspects, but at that time no credible forensic evidence linked him to the Utah crimes.
The specification of the resulting protocol, the Transmission Control Protocol (TCP), was published as RFC (Request of Comments) 675 by the Network Working Group in December 1974. It contains the first attested use of the term internet, as a shorthand for internetworking.
The term "internet" was reflected in the first RFC published on the TCP protocol (RFC 675: Internet Transmission Control Program, December 1974) as a short form of internetworking, when the two terms were used interchangeably. In general, an internet was a collection of networks linked by a common protocol. In the time period when the ARPANET was connected to the newly formed NSFNET project in the late 1980s, the term was used as the name of the network, Internet, being the large and global TCP/IP network.
Hoffa sued to invalidate the non-participation restriction in order to reassert his power over the Teamsters. John Dean, former White House counsel to President Nixon, was among those called upon for depositions in 1974 court proceedings.
Hoffa faced immense resistance to his re-establishment of power from many corners and had lost much of his earlier support, even in the Detroit area. As a result, he intended to begin his comeback at the local level with Local 299 in Detroit, where he retained some influence.
Other Mafia figures who became involved were Anthony Giacalone, an alleged kingpin in the Detroit Mafia, and his younger brother, Vito. The brothers had made three visits to Hoffa's home at Lake Orion and one to the Guardian Building law offices. Their avowed purpose in meeting Hoffa was to set up a "peace meeting" between Provenzano and Hoffa.
Legal disputes continued long after their break-up, and the dissolution was not formalised until 29 December 1974, when John Lennon signed the paperwork terminating the partnership while on vacation with his family at Walt Disney World Resort in Florida.