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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Dec 12, 1985

Page

1

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.

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.

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.

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.

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.

George C. Ford Five Seasons Center Jerry Davenport Omaha Neb American Savings and Loan MorAmerica Nebraska Peter Bezanson

Also Mentioned on This Page

Metro-Iown Chuck UNI Dale Kueterazette Owa City Iowa City Shell U.S Farm Greene Weeee Marion Money Enon Congress Cooper Evans Neal Smith Tom Harkin Harkin Williamsburg
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