Tucker Pleased With Democrats Campaign Shakeup
Tucker voiced satisfaction with a shift in the Indiana Democratic effort, signaling a more militant campaign and someone else running the Shirley Host Way. he told state leaders he wants more action while noting Skillen’s illness and possible retirement. The Terre Haute remarks followed coverage of a dinner meeting and various local ceremonial events with Rainbow Girls and Masonic officers in Shirley and Greensboro.
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Reserve Board Raises Discount Rate to 3 Percent
The Federal Reserve Board on Thursday hiked discount rates to 3 percent at banks in New York Philadelphia Richmond and Chicago to curb inflation threats. The action follows recommendations from the four bank directors bringing to six the number with a 3 percent rate. The discount rate is the charge the Fed levies on member banks for borrowed funds. High interest rates slow demand for money used for plant and equipment expansion. Fire control on national forest lands began 40 years ago.
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