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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jun 08, 1977
Page
4
The Athens newspaper directory notes the Athens Messenger dating from est. 1825 at 33 N and Johnson Rd in Athens Ohio. Frederick W Bush published 1896 to 1929 followed by Gordon K Bush from 1929 to 1965.
Washington notes the first 25 awards under the Public Safety Officers Benefits Act of 1976, granting $50,000 to families of fallen law enforcement officers and firefighters. The piece honors individuals like McLeod and La Fromboise, describes the act’s aims, and discusses constitutional questions while recognizing the service and sacrifices of these public servants.
Ohio lawmakers near a vote on an energy conservation package set a 22 mpg target for state car fleets. The measure, drafted by the House Energy and Conservation Committee, would require energy efficiency in purchasing, integrate conservation in schools, and emphasize life cycle cost analyses for buildings.
Government and industry officials disagree on how President Carter's energy program will affect utility bills. The debate covers long term rate trends, conversion costs to coal or nuclear, environmental add-ons, and regional impacts, with estimates ranging from higher bills to potential long term savings.
Washington columnist notes the queen’s stable leadership amid upheaval from empire dissolution to inflation. He cites public affection in London, celebrity sightings, and Churchill’s praise, while recalling the public’s desire to witness her presence despite travel costs.
President Carter faces friction as Bert Lance attacks Fed Chairman Arthur Burns over higher short term rates and bank loan charges. Lance argues high rates fuel inflation in the long run, while Burns contends the policy preserves anti inflation discipline.
The piece compares Hobart Rowen’s inflation critique with Burns and populist views on mortgage rates and real returns. It notes higher rates as a cost to borrowers, discusses policy to spur recovery, and questions whether Fed money growth should rise above 6 percent to fight inflation, shaping Carter’s Fed chair choice.
AP analyst John Cunniff reports February through April show rising personal income and record installment lending. March set a new high in new credit obligations while net balances reflect repayments, with experts seeing credit as a sign of consumer confidence and long term commitments.
Johnson notes in late 1976 Americans added far more to financial assets than to debts. Time and savings accounts rose by 105 billion dollars, outpacing mortgages and consumer credit. He questions mortgage dependence while others struggle to keep food on the table, highlighting middle income hardship.
Brief letters to the editor on general topics are invited. Please sign your letter and include your address and telephone number. The Messenger may condense letters to fit space and improve readability for readers.
Will Rogers says he just returned from Washington and heard the congressional show will close on June 7. He argues the same production with the original cast could move to New York and run on Broadway for years.
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