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Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Jan 09, 1976
Page
6
The United States closes 1975 with unemployment averaging 8.5 percent in the first 11 months and peaking at 9.2 percent last May. Inflation improves as wholesale prices rise 3.7 percent over 1974. Dow Jones tops 900 for first time in over two years amid rate cuts.
The Pallottine Fathers face criticism over fund raising as the Baltimore Sun reports they discard letters lacking at least a $10 donation. Workers say priests rarely see requests and millions raised in 1974 were not directed overseas, with many elderly donors seeking removal from lists.
Senator Robert C. Byrd of West Virginia announces entry into the 1976 Democratic presidential contest and the May 11 West Virginia primary becoming the 11th candidate. He keeps options open on other primaries while continuing to seek re election. Reagan campaigns in Florida as Ford aides spar over budget cuts. Humphrey announces non candidacy and delegates aligned for New Hampshire.
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