Welty-Way President Fights Eximbank Change Proposals
Welty-Way Products Inc president Robert Blakeman testified before a U S Senate subcommittee to oppose amendments to the Eximbank bill S2520. He warned stricter financing rules would hurt exports and threaten 25 percent of Welty-Way’s business and jobs. The Iowa firm makes coil processing and bending equipment and could face competitive disadvantage without Eximbank loan guarantees.
MENTIONED IN THIS ARTICLE
Washington
Robert Blakeman
Welty- Way Products Inc
U.S. Senate
Blakeman
the Gazette
Welty-Way
Eximbank
Iowa Senate votes to keep handgun waiting period and raise purchase age
The Iowa Senate approved 45 to 1 to preserve a three day waiting period for handgun purchases and to raise the legal age from 18 to 21. The bill allows police to carry anywhere in the state, removes antique firearm permit requirements, and makes licensing edits before moving to the House.
MENTIONED IN THIS ARTICLE
Des Moines
Senate
Gene Glenn
D-Ottumwa
Small business urges extended Eximbank support for exports
The testimony highlights a small firm Welty-Way praising government help from the U S Department of Commerce and Eximbank. It argues for longer repayment terms for small exports and for broader financing eligibility, including to socialist countries, while condemning current policies that shift business to West European and Japanese partners.
MENTIONED IN THIS ARTICLE
Department of Commerce
U.S. Department of Commerce
Welty-Way
United States
South Africa
Eximbank
Blakeman
Ping Pong Détente Florida 1971 Opening China Visit
On this date in 1971 the Communist Chinese government invited an American table tennis team to visit China signaling a thaw in relations. The invitation followed years of ping pong diplomacy that helped pave the way for President Nixon’s visit.
MENTIONED IN THIS ARTICLE
China
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Cedar Rapids Gazette
C.R. Man
U.S
Dale
Kennebec
Pontiac Cobbler
Norland
Red Pontiacs
Yellow Onion
Center Point Road
Ieee
Cedar Rapids Towers
M.D
Capitol Optical
Cedar Rapids
VISA
Bankamericard
AVE. S. B. Esc
Mowe
Saturda
America’s Fine
Dors Company
Golden
Colorano
Match Factory and
Penney Pets
Penney
Cedar Rapids, Iowa
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