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Anderson Herald in Anderson, Indiana

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Feb 28, 1978

Page

5

Park denies guilt in influence buying case in Congress

Park, a South Korea linked rice dealer, pleads innocent to 36 charges alleging bribery and influence buying in Congress. He awaits immunity deal while Hanna goes to trial March 20. Park says money supported friends who favored Korea, calling himself an agent of his own accord.

Somsun Park U.S. District Court Justice Yent Park Justice Department Richard T. Hanna D-Calif America Congress Hanna Seoul South Korea KCIA House Ethics Committee U.S Commission Korea House Committee Tongsun Park Dulles International Chantilly

Buying power drop largest on record

January saw consumer prices rise 0.8 percent after 9.4 percent gains in three prior months, signaling nearly 10 percent annual inflation. The average worker’s real spendable earnings fell 3 percent in January, the steepest drop since 1964, driven by higher taxes, fewer hours, and rising costs. Meat, poultry, eggs, and fresh produce led price gains amid winter shortages. mortgage costs also edged higher as the FHA raised interest rates for single-family loans.

Masnuvuru Labor Department Julius Shiskin Commissioner of Labor Statistics White House Jody Powell Federal Home Administration Consumer Price Report Republican Ponal Committee

Canal pacts survive crucial Senate test in Panama brink

The Senate killed an amendment that would have allowed U S troops in the Canal Zone for 20 years after turnover to Panama, a move supporters called a killer amendment that could unravel the treaties, while opponents argued it was unnecessary for canal security.

Navy Panama Canal Senate Canal Zone United States Panama Robert C. Byrd West Virginia James B. Allen D-Ala Iuennad Allen U.S

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