Will Loans to Less Developed Nations Be U.S. Banks Undoing
New York report shows six large U S banks held about 12 billion in loans to 15 less developed nations at end of 1975. Despite defaults fears, First National City Bank argues markets can absorb shocks as loans to LD nations average around 4.5 percent of total assets.
MENTIONED IN THIS ARTICLE
U.S
New York
United States
Unt
East
First National City Bank
Pointail
International Monetary Fund
First City
Europe
Japan
North America
Littering Bill Would Order 40 Pound Cleanup
In Baton Rouge the Senate approved a house-passed bill letting judges require offenders to pick up 40 pounds of trash along highways. The measure drew emotional opposition as Sen. Claude Duval questioned involuntary servitude and the fairness of forcing a child or elderly person to clean up litter. The amendment sets the 40 pound limit to curb highway trash and reduce state cleanup costs.
MENTIONED IN THIS ARTICLE
Baton Rouge
UPI
Lewisinvia Senate
Claude Duval
D-Hourna
Senate
John Sevario
D-Prairiovilly
House Approves Sunshine Bill Expands Public Meetings
The House passed a sunshine bill 390 to 3 mandating federal agencies open meetings to the public. It covers about 60 boards, allows closures for sensitive topics, requires minutes, and notes vetoed private communications. Texans Burleson Poage Teague and Collins voted no, with Dickinson of Alabama also opposing.
MENTIONED IN THIS ARTICLE
Allington
Congress
House
Senate
Securities and Exchange Commission
Federal Communications Commission
Federal Reserve Board
Federal Power
Omar Burleson
W.R. Poage
Olin Teague
James Collins
Alabama
William Dickinson
Runaway Juvenile Arrested in Iowa City Car Theft Case
In North Liberty a 15 year old juvenile runaway from a boys training school was arrested at 2 16 am after being found in a stolen car near the University of Iowa campus. The youth was charged with larceny of a motor vehicle. In West Liberty Dawn Butler 18 was crowned queen of the West Liberty fair with runner up Chris Kaska.
MENTIONED IN THIS ARTICLE
North Liberty
Johns
Eldora
University of Iowa
Iowa City
West Liberty
Dawn Butler
Chile
Chris Kaska
Silso
Two Italians Convicted in Getty Kidnapping Case
In Getty kidnapping case in Calabria Italy two Italians were convicted and sentenced up to 16 and eight years while six co defendants were acquitted for lack of evidence. Five others were convicted of narcotics possession and trafficking. The verdict followed a 10 hour deliberation in the southern mountains where Getty was held and paid a 25 million dollar ransom. In 1974 the House Judiciary Committee voted to impeach President Nixon 28 to 10.
MENTIONED IN THIS ARTICLE
Lagonegro
Italy
J. Paul Getty
Getty
House Judiciary Committee
Nixon
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