23 Aug 1978
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 23, 1978
Page
1
A judge orders delays in trials for three Cedar Rapids rioters while other news items note a Cedar Rapids FBI arrest in Massachusetts and various local topics including weather and city politics.
Iowa State University associate dean J T Scott explains an anonymous donor known as Mary Smith sends funds for a staff exchange with Costa Rica. The gifts began in 1975 with stock totaling about 750000 dollars, provided after proposals. The donor remains unnamed and may be an individual or corporation.
The 181,000 member National Association of Letter Carriers rejected the tentative three year pact 4-3 and will ask the Federal Mediation and Conciliation Service to pursue renegotiations with the U.S. Postal Service. If not renegotiated, union president J Joseph Vacca could call a national strike. two other unions APWU and Mail Handlers have not yet tallied their votes.
U.S. plans to increase gold sales to 750000 ounces monthly sparked a sharp dollar rally in Europe and Tokyo, lifting rates while pushing gold below the $200 mark for the first time in nearly a month. Prices fell to about $198.75 in London and Zurich as markets absorbed the news.
Leftist Sandinistas stormed the National Palace in Managua, holding more than 100 officials and legislators, including President Somoza's nephew and a deputy speaker cousin. The group demanded 120 political prisoners be freed, safe passage to Panama, and $10 million, while clashing with guards and helicopters overhead.
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