Hike in Interest Rate Called a Must by Local Bankers
Realtors and savings and loan associations urge raising the first mortgage rate ceiling from 9 to 10 percent. The measure, included in a state appropriations bill, passed the Senate and awaits House action. Local bankers say higher ceilings would create a competitive loan market, keeping funds local and reducing out of state borrowing.
MENTIONED IN THIS ARTICLE
Savings and Loan
Bob Yarborough
Security Federal Savings and Loan Association
Yarborough
Senate
House
Earle H. Holley
Palmetto Federal Savings and Loan Association
Aiken
Kathy Skeen
Williams-Skeen
South Carolina
Holley
Skeen
Father of Miss South Carolina praises daughter’s win
Ben Toole, father of Diane Toole who holds the Miss South Carolina title, says he is pleased by the victory but notes his wife Mary is away almost as much as Diane. The family faces a fanfare turn as the Miss America pageant looms in September.
MENTIONED IN THIS ARTICLE
Ben Toole
South Carolina
Diane Toole
Diane
Mary
Toole
Tax Bill Compromise Is Sought
Washington report says the administration and major Democrats explore compromise on a 15 billion tax cut bill. The White House signals possible easing of capital gains tax while Carter insists on fairness and revenue goals. House Ways and Means rushes to resume action before adjournment.
MENTIONED IN THIS ARTICLE
Washington
House Ways and Means Committee
Carter
Treasury
W. Michael Blumenthal
House
White House
Blumenthal
Ways and Means
Congress
Senate
Inside Today Wigfall Leads Belvedere See Page 10
A compact page preview highlights Wigfall as Belvedere’s lead in today’s lineup. Aiken County Today offers comics Dear Abby editorial content obituaries sports television and a weather map for readers.
MENTIONED IN THIS ARTICLE
Aiken County Today
Abby
Cloudy Skies Forecast With Warm Weekend Outlook
The forecast calls for partly cloudy skies through Friday with a slight chance of thunderstorms tomorrow. Rain chance stays about 10 percent tonight. Highs near 90, lows around 70. The extended outlook shows partly cloudy, warm conditions from Saturday to Monday with daily chances of afternoon and evening thundershowers and 90 degree highs.
Ravenel backs labor reform bill in Aiken meeting
Democratic senatorial hopeful Charles D. Ravenel told about 50 constituents in Aiken he would support tighter penalties for lawbreakers and favored a voluntary limit of $975,000 on campaign spending. He noted labor sector contributions and predicted Carter could help fund his bid. Ravenel urged Thurmond to join spending limits for both campaigns.
MENTIONED IN THIS ARTICLE
Aiken
Charles D
Pug) Ravenel
Charleston
Senate
Strom Thurmond
R-S.c
Ravenel
South Carolina
Carter
Thurmond
Sen. Thurmond
Postal Strike Nears
Washington AP reports a possible mail strike looming as negotiations stall between the U S Postal Service and unions. A no layoff clause from 1970 remains the main issue, with service negotiators insisting its removal to allow workforce trimming and future restraint on raises. National officials avoid confirming a walkout, while locals express readiness to strike. Boston locals report signs printed and permits secured for picketing offices.
MENTIONED IN THIS ARTICLE
Washington
U.S. Postal Service
Postal Service
Boston
Stephen Albanese
American Postal Workers Union
Rural Health Care: Two Approaches in Aiken County
A regional health planning effort MEGALS formed by six counties seeks rural care improvements. MEGALS received a $100000 HEW planning grant and built a staff to compile surveys and studies showing doctors as the top need. Trenton approves a clinic in an abandoned store. Johnston rejects MEGALS.
MENTIONED IN THIS ARTICLE
Trenton
Department of Health Education and Welfare
Sixcounty
Three Rivers Health Systems Agency
McCormick
Edgefield
Greenwood
Abbeville
Laurens
Saluda
Megals
HEW
Robert Dillard
Dillard
Edgefield County
Saluda County
H.O. Carter
Johnston
Carter
Augusta
Megall
Also Mentioned on This Page
Sarah Caskey
Pendleton Street
Mattie Curry
S. C. 19
Aiken County
Jeannie Lancaster
Wigfall
Belvedere
Charles Law
Jackson