Burns proposes New York default as last resort
Federal Reserve chairman Arthur Burns urged Congress to let New York City default on its debts and to modify bankruptcy laws to permit debt stretching and postponed principal. He warned default would have serious economic consequences and oppose federal bailouts. Senator Buckley raised corruption concerns, seek DOJ probe, while city officials denied criminality.
MENTIONED IN THIS ARTICLE
Washington
UPI
Federal Reserve
Arthur F. Burns
Congress
New York
Burns
House
Dee
New York City
James Ti Buckley
R-N.y
Justice Department
Abraham, Beame
Panel OKs Tax Cut Plan Without Spending Limit
Washington AP The House Ways and Means Committee backed chairman Ullmans 12.7 billion plan to extend 1975 personal tax cuts into 1976 while rejecting calls to cap spending. The panel, by 21 to 16, approved a plan adding about 4.6 billion in next year’s tax reductions and restructuring but rejected linking tax relief to a federal spending ceiling.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Ford
al Ullman
D-Ore
Ulman
Ullman
Altman
Wilbur D. Mills
D-Ark
Omar Burleson
D-Tex
Joe D. Wagggoner ,Jr
D-La
Andrew Jacobs Jr
D-Ind
Congress
Usman
Wullman
Waggonner
City Urges Family Doctor Exams for Pupils This Year
City Health Director Dr. Myer Herman urges parents to send children to family doctors or pediatricians for annual physicals instead of school exams. The state agrees to pay exams for clients, while insurance plans may cooperate. The program aims to ensure continuity of care amid budget constraints and backlogs. Forms will ask parents to state reasons if they cannot use a family physician.
MENTIONED IN THIS ARTICLE
Myer Herman
Me J
State’ Department of Social Services
Connecticut Medical Services
Herman
Unions Stand Fast Against Pensions Referendum
Police and fire unions oppose a referendum proposed by mayoral candidate Richard Scale to cut pensions by half. Fire Capt. John Moore and Police Local 1159 say reductions may violate the state home rule act, while noting a legal opinion exists about removing the pension escalator via referendum. They plan no public clashes with Scale, but reserve action if negotiations begin.
MENTIONED IN THIS ARTICLE
H. Sidney Folsom
Richard
Scale
John Moore
Capt. Moore
Attor
Mr. Scala
Scala
Weather Dale forecast for Bridgeport and vicinity
Sunny today with mid 70s highs and clear nights in the 50s. Tomorrow a fair day with highs in the 70s. Winds light, near zero tonight. Precipitation listed as zero. barometer around 30.30, humidity values noted. Tides and almanac details for Friday October 24, 1975 included.
MENTIONED IN THIS ARTICLE
Bridgeport
Seres for Mayor Boom Fails to Materialize
A reported Seres for mayor surge for the November City election collapsed as Richard Scalo remains the Republican front. GOP ally Ronald DeFilippo steered internal efforts to keep Scalo's name prominent. Seres plans were erased as officials and associates noted a strengthening Scalo effort and Seres disavowed the changeover. Mayor Seres leaves office November 10 after an interim term. details remain scarce.
MENTIONED IN THIS ARTICLE
William ‘Serés
Richard
Scalo
Ronald N. DeFilippo
Seres
Spain Morocco near peace deal on Sahara rule
Morocco and Spain reportedly near a tentative agreement on a peaceful handover of sovereignty in the disputed Spanish Sahara. A symbolic Moroccan march to El Aaiun was planned while most protesters would halt short of the capital.
MENTIONED IN THIS ARTICLE
Marrakech
Morocco
Spain
Spanish Sahara
Hassan II
el Aaiun
Tarfaya
Ahmed Saraki
Madrid
Francisco Franco
Mauritania
Spanish
Sahara
Algeria
Army awards $8.99 million radar contract to United Technologies
United States Army informed Senator Abraham Ribicoff that United Technologies secured a contract worth 8,994,886 dollars for search radar systems for AGE aircraft. The notice frames the award as near nine million dollars and identifies the contractor and purpose in a concise government procurement update.
MENTIONED IN THIS ARTICLE
Washington
Abraham Ribicoff
D-Conn
Army
United Technologies
100 Units for Oldsters Seek Congress Plaza Housing
A Catholic Family Services non profit plans a 100 apartment elderly housing project at Congress Plaza, with Augustana Homes as potential developer. The proposal, backed by Bishop’s Commission on Human Relations, seeks state and federal funding with Section 8 subsidies. The application is due Wednesday at Redevelopment offices.
MENTIONED IN THIS ARTICLE
Diocese of
Bridgeport
Housing Development Corporation
Congress Rédevelopment
Tack 'O'Connell
Augustana’ ‘Hames
Catholic Family
CFS -Board
O'Connell
Bishop's Commission
Norwalk
Margaret Driscoll
Walter Curtis
Patrick “ Brown Jr
California
Connecticut Catholic Conference
Brown
Brian Boland
Springfield
Mass
United Farm Workers
Boland
UFW
William’ Canale
Augustana’ Homes
Connecticut, Housing Finance Authority
Housing, Administration and
Jane Igoe
Congress Plaza Planning Council
Augustana Homes
Franco Relapse Clouds Spanish Power Transfer
Madrid AP Franco's doctors report a relapse and incipient heart failure after a heart attack, delaying the constitutional transition to Juan Carlos de Borbon. Arias Navarro and Juan Carlos rushed to Pardo Palace as ministers long session debated the ailing leader's fate.
MENTIONED IN THIS ARTICLE
Madrid
Spain
Francisco Franco
Generalissuig
Juan Carlos de Borbon
Juan Carlos
Carlos Arias Navarro
Pardo
Franco
Iles
Ines
Pardo Palace
Arias
Telephone Call Saves Caroline From IRA Bomb
Caroline Kennedy narrowly escaped injury when a bomb exploded outside the Kensington townhouse she was staying at with anti terrorist MP Hugh Fraser. A change telephone call delayed their departure, sparing them from harm while a bystander cancer specialist Dr Gordon Hamilton Fairley was killed and a cook plus others injured.
MENTIONED IN THIS ARTICLE
Caroline
Jaguar
Stugh Fraser
London
Fraser
Caroline Kennedy
Hugh Fraser
Kennedy
Campden Hill Square
Kensington
Miss Kennedy
John F. Kennedy
Jacqueline Onassis
Sotheby's
Gordon Hamilton Fairley
London’s
Fairley
Prize Climbs to 350 In Sunday Post Puzzle
A rash of determined fans strive to outsmart the Old Puzzlemaster and win the Sunday Post prize crossword. No contestant matched a perfect score as the maestro extends his Iweek winning streak and the jackpot rises to 350 dollars. See Puzzle Page 2 for details.
MENTIONED IN THIS ARTICLE
Sunday Post
Iweek
Witness list for Bridgeport jai alai license hearing
The State Gaming Commission plans to call 40 witnesses to probe the Bridgeport fronton license. Included are J Brian Gaffney Nicholas Panuzio Paul Manafort Eckardt Beck and Alfred Wechsler among others as the SOCITF probe unfolds with details to be presented starting Nov 6.
MENTIONED IN THIS ARTICLE
Wethersfield
State Gaming Commission
Bridgeport
J. Brian Gaffney
New Britain
Nicholas A. Panuzio
Federal General Services, Administration
Paul J. Manafort
GOP
Eckardt C. Beck
Alfred Wechsler
John M. Bailey
Louis’ J. Gladstone
Connecticut Sport Enterprises
CSE
Organized Crime Investigative Task Force
Socitf
Lst
Howard Owens
Joseph Walsh
John Greggos
Sandford Blitz
Panuzio
GSA
Angela
Frank Jr
John Manafort
Manafort Brothers
Quinton Hinton
International Union Operating Engineers
John L. Sullivan
Louis Esposito
New London
A. A. Washton
Louis Hurwitz
Milford
Mr. Gladstone
George Coyle
Louise Dunn
Mr. Bailey
David Friend
Lidizio A. Renzulli
Fairfield
William May
Hollywood
Fla
Henry Beal
Air Compliance
State Department of Environmental Protection
Commission
Friend
Bailey
Connecticut
Gaffney
Manafort
Paul Manafort
DEP
Beck
Real
Billy Hinton
Council On’ Environmental Quality
Gladstone
Water Rates Must Rise Sharply PUC Told Here
Bridgeport Hydraulic faces a 4.2 million 29 percent rate hike as an independent consultant estimates a 50 percent rise is needed through 1980 to cover costs. Company executives warn the estimate may be too low and say sales declines could force even higher rates. Residential bills would rise about 22.40 annually if approved.
MENTIONED IN THIS ARTICLE
Bridgeport Hydraulic Company
BHC
Joseph F. Brennan
PUC
Albert J. Kleban
City Flats
Brennan
Bridgeport Hydraulic
William 5. Warner
Warner
Also Mentioned on This Page
Jai Alai Witness
N.Y
Oks
Sandras
SOPRO
National Weather Service
Sikorsky Memorial Airport
Oldsters
CFS
Congress Plaza Homes
Robert L. Despres
Sea Franco Paper
Les Caroline
Panuzio, Gaffney
By Alan FE. Schoenhaus
Hartford
Lvoky
Jeffrey T. Williamson
Telegram
Jacoby On Bridge
Lawrence E. Lamb
M.D
Polly
Sylvia ‘Porter
Veces
Aeeer
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