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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
Jun 28, 1976
Page
3
International business leaders from 37 countries report a capital shortage driven by inflation and low profits. Reduced investment hurts less developed nations and small firms most as they struggle to endure scarce funding.
Polynesian seafarers settled the Hawaiian Islands about 700 A D after which Europeans arrived at century’s end. The 1970 census shows a population 39.2 percent Caucasian and 28.3 percent Japanese with remaining groups including Hawaiian, Chinese, Filipino, Korean and mixed ancestry.
Fred M. Scheel 83 of Fargo died Sunday. He founded a regional hardware chain with 13 stores across Minnesota North Dakota Montana and Iowa. He led the America State Bank of Moorhead as president 1940 1967 and chaired 1967 1974. Survivors include his wife three sons two daughters 19 grandchildren and eight great grandchildren. Skylab carried crews 70 million miles in 2 476 orbits around the globe.
Salt Lake City AP report says public health officials want more federal support and may seek voluntary donations to fund nationwide swine flu immunization. County leaders estimate federal grants cover about one sixth of local admin costs. some counties may request donations to cover remaining expenses.
Jim and Oswald discuss learning bridge and credit Hal Sims as a master. They describe a hand where Hal uses a squeeze and trump plays to win, illustrating precise bidding and card play.
The World Almanac notes Lutherans Congregationalists Baptists and middle colonies Presbyterians favored independence. the Society of Friends opposed all wars. Anglicans faced a clash as their English clergy were bound to the crown. Peter Muhlenberg challenged his Woodstock congregation revealing a militia uniform in January 1775.
President Eisenhower signs a bill authorizing the construction of the St. Lawrence Seaway on January 13 1954. The action clears a major waterway project linking North American ports and supporting commerce.
Ground crew reports no radio contact with Karl Thomas's 90 foot helium balloon for 18 hours as he flies from Lakehurst New Jersey toward Paris. Thomas relies on dead reckoning and a sextant with backup radio failing and weather cloudy over the Atlantic. Coast Guard issued an emergency frequency alert and the team tracks ballast drops to climb above a storm while aiming for a Lindbergh like crossing aboard the Spirit of 76.
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