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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 14, 1987
Page
9
North returns amid strong support while critics question secrecy in the Iran Contra affair. McFarlane and Poindexter will testify. witnesses may determine whether Reagan was informed that profits funded the contras. North defends legality and says actions were authorized within law under immunity.
Western Union operates an Opinion-Gram service for sending a 20 word message to Lt. Col. Oliver North for 5.95. Local Cedar Rapids agents reported few inquiries while confirming a special routing exists for North. nationwide agents similarly noted minimal requests, with only Stop and Shop in Des Moines seeing some inquiries.
The crowd lines up at the Russell Building to await Rear Admiral Poindexter testimony on Iran contra matters with strong support for North and debate over his role. Eric Daymer traveled six hours to claim No. 1, while Amy Bowen criticizes North. Residents discuss whether the event will shape government action and history.
Utilities collected excess deferred taxes after the 1986 tax reform, totaling about 19 billion nationwide per NARUC. A482 act lets refunds be delayed up to 30 years, prompting Iowa officials and Iowa Electric to clash over annual tax savings and rate reductions while courts decide the proper tax year for calculating the benefit.
Iran launches a maritime attack injuring a French freighter Ville d Anvers as U S Navy escorts Kuwaiti tankers patrol the Persian Gulf. Defense Secretary Weinberger signals limited strike authority for hostile missile action amid mounting Baghdad–Tehran tensions.
Press secretary Fitzwater said Reagan may have been briefed for the Peres visit but denied Inouye's memo account. He said there is no proof the memo guided the briefing or discussed fund diversions, even if the word done appeared on the page. The admiral testifies later.
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