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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 23, 1978
Page
8
A Des Moines hearing featured farmer Richard Johnson and others pledging to block an Iowa usury rate hike feared to fuel inflation. The committee weighing a floating rate, lender fears, and calls to end redlining considered bills to adjust the 9 percent cap while addressing credit access and regional lending patterns.
Bakers 69 dollar campaign budget with 13 000 votes 12 percent of statewide total. Roberson seeks 2nd District seat after past defeats and petitions for nomination. Both seek to break the Republican Democrat monopoly urging voters to back independents to curb inflation and government size. ON THIS DATE 1967 Johnson Kosygin met in Glassboro New Jersey.
Iowa authorities busted a major pleasure boat theft ring with seven boats recovered from five locations. Robert J. Reynolds, 41, Des Moines, arrested on five theft counts and charged. Investigators believe more arrests will follow as tags and tools used to alter serial numbers were found at Reynolds’ home. Over $250,000 in stolen boats tied to the ring were traced to Iowa and one Minnesota marina. All boats are from 1978.
Iowa policy council heard that converting 10 percent of energy use to solar by 1990 could save about $1 billion. Consultant Skip Laitner outlined a five year plan to expand demonstrations, attract industry, run hotlines, and promote solar use in homes, farms, and government.
Des Moines AP Deputy Secretary of State Warren Christopher warned the energy crisis distorts the economy and threatens large price increases in the 1980s while urging a shift toward energy independence. He spoke at the 105th Iowa State Bar Association dinner highlighting policy changes and congressional collaboration.
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