Devaluation Costs $3 Billion, Burns Sees Path to Equilibrium
Federal Reserve chairman Arthur Burns testifies before the Senate Banking Committee on a $3 billion cost of devaluation, with Paul Volcker noting the move formalizes a new exchange-rate regime. They advocate a two to three year horizon to end deficits, while Soviet trade and eurodollar loans loom as spillover risks.
MENTIONED IN THIS ARTICLE
Arthur F. Burns
Federal Reserve Board
United States
Burns
Senate Banking Committee
Paul A. Volcker
the Treasury
Volcker
Smithsonian
Soviet Union
Moscow
Counterattack program offers drunken drivers education instead of license suspension
A pilot project in Charleston West Virginia and nearby areas trains "Counterattack" students at Morris Harvey College to sober up drunken drivers without license loss. Nearly 300 participants, mostly social drinkers, attend sessions featuring accident films and lessons on reaction time and financial and family costs. Reports on progress go to the sentencing judge who decides penalties.
MENTIONED IN THIS ARTICLE
Phoenix
Charleston
W. Va
Morris Harvey College
Bill Wick
Wick
Nixon Approval Steady In Gallup Poll After Vietnam Peace
Gallup finds 65 percent approve of Nixon as president, 25 percent disapprove and 10 percent have no opinion. The latest poll, the second since the January peace settlement, shows blacks more split but overall support remains above 50 percent.
MENTIONED IN THIS ARTICLE
Princeton
N. J
Nixon
Vietnam
China
Russia
U. S
South
Johnson
Kennedy
Eisenhower
Truman
Broadcasting Dilemma and FCC Renewal Debate
William F Buckley discusses Fred Friendly and Nixon era press controls. He notes FCC renewal norms, Senator Pastore proposals, and Whitehead’s deal linking renewal length to balanced coverage. Friedman’s permanent license sale and cable growth offer an institutional solution preserving journalistic biases.
MENTIONED IN THIS ARTICLE
Fred Friendly
Ford Foundation
Nixon
Clay Whitehead
White House
Whitehead
Richard Milhous Nixon
Friendly
New York
Washington
Cronkite
Sevareid
Brinkley
Milton Friedman
Eric Sevareid
Smith Junior High Rolls Out Everybody Reads Program
In Chillicothe Ohio the Smith Junior High School starts a 30 minute daily reading period. Staff and students drop work to read anything for fun with 8,000 paperbacks available in classrooms. Principal Stanley Johnson and custodian Sam Althouse model the practice while Superintendent Nicholas Alexander plans expansion to other schools.
MENTIONED IN THIS ARTICLE
Chillicothe
Ohio
Stanley Johnson
Smith
Sam Althouse
Johnson
Althouse
Nicholas Alexander
Maryland
Alexander
Sudanese Rift Deepens as Americans Targeted in Khartoum
Arab militants executed two American diplomats in Khartoum, signaling a shift against Sudan's pro Arab stance. President Numeiri's policy distance from the Arab world, his 1969 coup return, and reopening U S relations fueled tensions with Egypt Libya and Palestinian militants. The attack occurred on the eve of Sudan’s civil war anniversary as Khalid and Noel faced assassination amid shifting alliances.
MENTIONED IN THIS ARTICLE
L. A
Sudan
Khartoum
Numeiri
United States
Israel
Uganda
Idi Amin
Tanzania
Nuammar el] Gaddafi
Libya
Nemeiri
CIA
Egypt
Kegypt
Syria
George Curtis Moore
U. S
Moore
Netherlands
Mansour Khalid
Cleo A. Noel Jr
Noel
Cliche drill lesson sparks classroom debate piece
HAL BOYLE reports a New York classroom conducts a cliche drill to define tired phrases and test answers. The dialogue mocks Supreme Court decisions and political rhetoric using altered clichés to reveal sentiment about justice, patriotism, and motherhood.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
Freckle Cream Ad Era and Notable 25 Years Ago Events
The Messenger recalls Marel month freckle cream ads urging purchases for Othine. London doctors transplanted rat eyes and claimed imminent human head transplants. Ross Lockridge Jr. was found dead from carbon monoxide poisoning at 33. Athens High fell to Hillsboro 57 to 36 in Class A tournament.
MENTIONED IN THIS ARTICLE
the Messenger
London
Ross Lockridge, Jr
Raintree County
Athens High School
Hillsboro
Athens Messenger Publication and Delivery Rates Notice
The Athens Messenger lists daily and Sunday single copy prices and carrier delivery details. Rates by mail vary for Ohio West Virginia and others, plus subscriptions for one week to one year with totals and delivery methods noted.
MENTIONED IN THIS ARTICLE
The
Associated Press
D& S
Pe Ge Ae A Ae
D&s
Ohio
West Virginia
U.S. & Possessions
Athens
the Messenger Publishing Co
Johnson Road
Also Mentioned on This Page
Fred W. Weber
M. W. McDargh
Charles W. Reamer
Richard R. Paynter
Gallup Poll
William F. Buckley
Federal Communications Commission
Nicholas Johnson
Nader
Pastore
Paree
FCC
Boston
Los Angeles
Ahr
Bok
Pas Oe
By Stanley Meisler
Los Angeles Times
Sudanese Communist Party
Small Society
Brickman
Kara
Hal Boyle
Che Athens Messenger
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