Tragedy draws national focus to Iowa farming crisis
Iowa media exploded after a Lone Tree farmer, Dale Nelson Burr, killed three people before dying by his own hand. The incident sparked questions about farm debt, the 1980s downturn, and the depth of Iowa’s crisis as reporters from major outlets chased answers in Johnson County and beyond.
MENTIONED IN THIS ARTICLE
Johnson County
Dale Burr
Lown
Emily
the Hills Bank
Chicago
John O'Neill
Iowa
O’neill
Lone Tree
Dale Nelson Burr
Washington Post
New York Times
CNN Television News
Atlanta Constitution
Kansas City Times
O'Neill
Burr’s bank massacre ends with deputy’s stop
Karen Herzog reports on the Hills Bank incident where Dale Burr shot his wife Emily, then Hills Bank president John Hughes and farmer Richard Goody before dying by suicide. New details show Goody was shot twice and Burr may have planned more killings, including two shots to end his life.
MENTIONED IN THIS ARTICLE
Karen Herzog
Gzette
Ilis
John Hughes
Hills Bank & Trust Co
Dale Burr
Burr
Lone Tree
Emily
Hills Bank
Richard Goody
Johnson County
Goody
House approves balanced budget bill to raise debt limit
The House passed the bipartisan budget package 271 to 154 sending it to the White House for Reagan's signature. The measure raises the national debt limit to over 2 trillion and outlines steps to achieve a balanced budget by 1991, with party splits reflected in both chambers and in the Iowa delegation.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
Washington
House
Senate
White House
Reagan
Tax overhaul setback as GOP revolt stalls bill
Washington President Reagan faced a GOP revolt that blocked House consideration of the tax overhaul. In a 223 202 vote the House refused to take up either the Democratic Ways and Means plan or the Republican substitute, dimming the chance for passage this year. Reagan met with Republican leaders seeking renewed backing while Democrats floated procedural changes to bring the bill back Friday.
MENTIONED IN THIS ARTICLE
Gazette Wire Services
Washington
Reagan
House
Ways and Means Committee
Senate
Treasury
James Baker
White House
Donald Regan
Capitol
Robert Matsui
D-Calif
Ways and Means
GOP
MorAmerica vows full depositors paid in reorganization
MorAmerica Financial Corp and Morris Plan Co of Iowa pledged to repay all principal and interest to depositors as they proceed through Chapter 11. Hearings at Five Seasons Center featured leaders Jerry Maples and John Wolfe insisting improvements in finances, including a Davenport office sale above appraised value and a $600,000 Omaha asset sale, plus creditor approval of American Savings and Loan plan.
MENTIONED IN THIS ARTICLE
George C. Ford
Five Seasons Center
Jerry
Davenport
Omaha
Neb
American Savings and Loan
MorAmerica
Nebraska
Peter Bezanson
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Cooper Evans
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Tom Harkin
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