Carter Faces Budget Direction Shakeup After Lance Resigns
President Carter announced an orderly transition as Bert Lance resigns as budget director amid investigations into loan practices and personal finances. Names surfaced for a successor including James T. McIntyre Jr., Robert Strauss, Alice Rivlin, and Hale Champion. Carter praised Lance’s personal qualities while acknowledging the difficulty of finding an equivalent replacement. Lance defended his conduct and said his conscience is clear as Carter read his resignation letter.
MENTIONED IN THIS ARTICLE
Carter
Bert Lance
Lance
James T. McIntyre Jr
Georgia
Senate
Robert C. Byrd
West Virginia
Office of Management and Budget
Howard H. Baker
Tennessee
Ahead for Lance a troubled future looms after White House exit
The article notes Bert Lance and his wife preparing to return to Georgia after his resignation. It details their properties including a $2 million Buckhead mansion, a $100,000 Calhoun home, and a Sea Island retreat. Lance faces large debts and falling bank stock value, with a $3.4 million Chicago loan and rising collateral demands amid bank dividend suspensions.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Bert Lance
Georgia
Lances
Lance
White House
Carter
Mrs. Lance
Buckhead
Atlanta
Calhoun
Sea Island
Georgetown
National Bank of Georgia
First National Bank of Chicago
Chicago
Georgia Bank
Senate
LaBelle Lance
Ohio Senate approves eyeglass price advertising bill
The Ohio Senate passed 33 to 0 a bill allowing price advertising for eyeglasses and contact lenses aimed at cutting costs. Sponsor Sen. Anthony Calabrese said consumers overpaid by more than 20 million dollars in 1975 and cited FTC findings supporting transparent pricing. The measure would override local bans and require prescription copies on request to enable shopping.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Ohio Senate
Anthony O. Calabrese
Cleveland
Ohio
Senate
House
FTC
Calabrese
Cuyahoga County
Showdown Vote Set On Gas Price Curbs
The Senate faces a showdown between Carter administration price controls on natural gas and a deregulation plan. A deregulation victory is predicted by supporters, while allies warn the vote is too close to call. The House backs continued controls and a higher ceiling to about 1.75 per thousand cubic feet.
MENTIONED IN THIS ARTICLE
Washington
Senate
Carter
Administration
House
Texas
Louisiana
Senate Finance Committee
Lloyd Bentsen
D-Texas
James B. Pearson
R-Kan
Arms Talks Resume as SALT I Near Expiration
The United States and the Soviet Union resume SALT talks amid a looming Oct 3 expiry without a replacement, with Cyrus Vance and Andrei Gromyko leading delegations. Debates center on limiting cruise missiles and Backfire bombers while Congress may demand a say on any extension.
MENTIONED IN THIS ARTICLE
Washington
United States
Soviet Union
Cyrus R. Vance
Andrei Gromyko
State Department
U.S
Congress
Ohio school districts seek funds for cash strapped districts
Educators and parents from Ohio say at least 37 districts may run out of money and close early for Christmas. Mary Carson of Frontier Local School District organized a meeting at the state capitol and asked Sen. Sam Speck to arrange sessions with lawmakers and officials.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Mary Carson
New Matamoras
Frontier
Washington County
State Capitol
Sam Speck
R-20
New Concord
House Adds Funds for OU Medical School Improvements
The House approved a capital improvements budget adding 2.5 million dollars for Ohio University medical school upgrades. Separate notes mention Parkersburg area planners opposing a North Parkersburg relocation of Route 50 and scoliosis screening in Athens County Schools. Two Athens County commissioners propose to have the city return 156000 dollars in Issue I funds if the East State Street widening project cannot use them.
MENTIONED IN THIS ARTICLE
Ohio University
Federal
Parkersburg
Athens County
East State
Logan Board Warns of Strike Fallout and Outside Organizers
The Logan Board of Education warned after the Logan Education Association announced a strike vote for Monday. Officials cautioned about the consequences and the possibility that outside organizers could influence local issues.
MENTIONED IN THIS ARTICLE
Logan
Logan Board of Education
Logan Education Association
Armco to Trim 600 Jobs at New Miami and Middletown
Armco Steel Corp will terminate 600 workers at its New Miami and Middletown plants by Oct 1, signaling a fresh blow to Ohio's steel industry. Meanwhile Youngstown seeks federal help as local cutbacks continue.
MENTIONED IN THIS ARTICLE
Middletown
Ohio
Armco Steel Corp
Miami
Youngstown
Washington
Also Mentioned on This Page
Lance Amount
Senate Governmental Affairs Committee
Justice Department
Securities and Exchange Commission
Federal Election Commission
Internal Revenue Service
First National Bank of
Senate Committee
Bert
Michael Doan
Senate Energy and Public Utilities Committee
Department of Energy
Supreme Court
Federal Power Commission
Northeast
Midwest
Vienna
Vance
Moscow
Speck
Education
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