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Anderson Herald in Anderson, Indiana

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Jul 23, 1970

Page

6

Senate Panel Reviews Penn Central Loan Doubts

The Senate group led by Hartke questioned the veracity and necessity of a 750 million loan for Penn Central. Saunders, former Penn Central head, testified amid debate over government guarantees and the railroad’s claimed unmanageability and need for federal aid to avoid bankruptcy. The hearings highlighted concerns that guarantees could delay inevitable losses and that the merger of sick Penn Central lines left the system financially fragile.

Senate Penn Central Pata Federal’ Reserve Palma Lepistall Hkelihood Eristalion Imorely Ostpaba The Institut” Mths Tine Bankrust Penn-Centralyrouse Commerce Tan Halirgad Saunders Hartke Chang Saunders Hartke Guaran Philip Hart Mich Sana Ud Sylvania Railroad Hart New Waven Cesdings Wright Patoran D-Tex New York Central Ie House Banking Hoad L. Willard Writz Richard Bond Auisde Penn-Central John Wal Peon Namsker George P. Hol Penn Penal Central Company Saundker Dean Marvard Central Mishimt Jers Rail-I School of Business Langdos

Bowen discusses convention influence on primary choices

In Terre Haute Indiana Bowen, a candidate for state legislature, argues convention selection does not guarantee the first choice voters will make. He notes the party bosses trades and the ABC factor affect nominations, citing dual conventions and the influence of convention delegates. He also comments on the primary system and voter tendencies.

Polit Bowen Conventtog Politien Sony Gree Peort Abe

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