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Biddeford Saco Journal in Biddeford, Maine

14 Jul 1976

Page 7

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Biddeford Saco Journal July 14, 1976 Page 7 old newspaper archives

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Newspaper

Biddeford Saco Journal

Location

Biddeford, Maine, United States of America

Date

Jul 14, 1976

Page

7

America Nears Bankruptcy During War for Independence

The 1780 crisis shows Congress with little power to tax and massive paper money issues. Continental bills, depreciating rapidly, strained finances as armies demanded pay and suppliers pressed for coin. Morris and Morris credit helped avert total collapse, securing loans and launching reforms that rebuilt public credit.

MENTIONED IN THIS ARTICLE

Associated Press United States of America Congress Benjamin Franklin France George Washington Continental Congress Bunker Hill Valley Forge Meone Virginia Philadelphia Amis XV Louis Spain Robert Morris Committee of Commerce Morris Washington New Jersey Yorktown William Popham United States Ashington Cornwallis New England Baltimore Lafayette Maryland America John Jay Henry Laurens Madrid Netherlands Laurens Jay London Jean Comte de Rochambeau
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Billionaire Eaton seeks better U S relations with Communist world

Cyrus S Eaton 92, Cleveland industrialist, pursues closer ties with Communist nations. He vacationed with Fidel Castro in Havana, maintains contact with Huang Hua, Brezhnev, Kosygin and Gromyko, and chats with leaders of Poland, Romania, Hungary, and Bulgaria. He criticizes anti Communist bias in U S policy and plansThinkers Lodge conferences to foster international understanding while aging.

MENTIONED IN THIS ARTICLE

Cleveland Industria Heart Northfield Eaton Nova Scotia Thinkers Lodge Pugwash
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Kevin Dillon Torrington Conn UPI Henry A. Kissinger Kissinger Harvard U.S Cuba Angola Castro London Broil Oregon Trail Arking Bologna Waldorf Royal Betty Cracker Shurfine New Maine Saco & Biddeford Herman Boots Feinberg Alfred St Biddeford Amtico Linoleum & Carpet CO Alfred Street Ours Fashion Mate Rasy Sewing Center Main Street Lo Siu
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