Local banks versus foreign branches spar over interstate rules
An Iowa farm banking column argues Fed rules under the 1978 Banking Act threaten community banks. It warns foreign banks could establish multiple U.S. subsidiaries, undermining local profits and potentially raising interest rates as interstate banking expands.
MENTIONED IN THIS ARTICLE
Neil Milner
The
Iowa Bankers Association
U.S
Fed
Citicorp
Continental Illinois
Bank of America
Chase Manhattan
Iowa Bank
New York
Ralph Clements Remembered as Cedar Rapids Civic Figure
Ralph Clements died aged 82 after 34 years on the Cedar Rapids Library Board. He led Kenwood Branch renovations, wrote Tales of the Town, and earned the nickname city historian through meticulous research and community service. His quiet life belied a deep impact on arts and local journalism.
MENTIONED IN THIS ARTICLE
Ralph Clements
Cedar Rapids
Kenwood
Dichotomy in U.S. policy Israel vs Rhodesia
Syndicated columnist Smith Hempstone contrasts U.S. policy toward Israel and Rhodesia, noting Israel receives military aid and diplomatic support while Rhodesia faces arms embargoes and aid bans. He argues this double standard harms U.S. interests and suggests policy is driven by domestic politics rather than equity.
MENTIONED IN THIS ARTICLE
Washington
Israel
Rhodesia
U.S
Academia assails regulators in higher education battle
A consortium of administrators and professors from twelve universities denounces federal rules on higher education. They cite costs and bureaucratic overreach, noting Harvard’s millions spent complying with regulations and MITs call to regulate regulation. The piece argues federal control shifts power away from educators toward Washington officials, urging curtailment of rule making.
MENTIONED IN THIS ARTICLE
Federal Register
HEW
Harvard
Bok
America
Washington
MIT
Jerome
Caspar Weinberger
Griffin Bell
South
Congress
Independent Regulatory Commissions
Energy Secretary Schlesinger blocks Carter energy drive
Washington critics say Energy Secretary James Schlesinger and Deputy Secretary John O Leary damage the nation s energy program with disputed claims on Iran oil flows and households fuel use. The DOE officials face scorn for misreads on production shortages and policy efficacy while industry hoards stocks awaiting better prices.
MENTIONED IN THIS ARTICLE
Department of Energy
Energy
James Schlesinger
John O'Leary
Capital
O'Leary
Also Mentioned on This Page
John Donnelly
John Robertson
Federal Reserve Board
Illinois
California
Iowa
Bank of Tokyo
Bank Seumi
Barclay’s
Chicago
San Francisco
Wall Street
Library Board
West Side
Mr. Clements
Arts
By Smith Hempstone
South Africa
Holy Land
Middle East
Africa
United States
Palestine Liberation Organization
Patriotic Front
Saudi Arabia
Zambia
Mozambique
Carter
Cyrus Vance
National Security Council
Zbigniew Brzezinski
Andrew Young
Academia
By Jenkin Lloyd Jones
Uncle Sam
Dallin Oaks
Brigham Young
Department of Justice
Little Converse College
Spartanburg
S.C
Robert Hemphill
Trinity College
Hartford
University of Maryland
Columbia
Office of Civil Rights
Wiesner
Los Angeles Times Syndicate
Schlesinger
White House
Iran
DOE
Central Intelligence Agency
CIA
House Committee
Senate
Carter Administration
Newspaper Enterprise Association
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