06 Nov 1980
Page 1
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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 06, 1980
Page
1
President elect Ronald Reagan said he will do all he can to aid the release of the 52 American hostages in Iran. He emphasized he will not intrude on Carter era negotiations and noted changes in the transition team with William Casey as campaign manager and Edwin Meese as transition chief of staff.
In an interview with Time, Ronald Reagan says he will not speak with the Soviet Union during the Carter transition to avoid signaling division. He plans a cabinet from the private sector with some Democrats, aims to cut regulations to improve the economy, and hopes to meet King Hussein soon. He notes Carter remains president until Jan 20.
The daily pages preview a diverse set of items including El Sombrero’s surprising menu variety on 20A and a fund drive for the Cedar Rapids Art Center on 4A. Legislative and political notes appear on 8A and 13A with global reaction to Reagan’s win noted in 13A.
A brief humorous note mentions a child expelled from a parochial school after cursing the public school for praying, reflecting a minor controversy in school discipline. The line hints at a comic or editorial viewpoint on religious schooling and conduct.
Reagan’s victory over Carter upends Democratic control in Congress and the White House. Senate Republicans back Howard Baker to retain leadership while Robert Byrd vows active minority rule. Transition teams to coordinate with Carter ahead of January 20 inauguration and possible new SALT talks.
An AP NBC poll shows born again Christians swung to Reagan, abortion and ERA effects were modest. Reagan won decisively with 56 percent, Carter 39 percent, Anderson drawing votes but not altering the outcome.
Major banks lifted the prime lending rate by one percentage point to 15.5 percent, the highest since May. Chase Manhattan led the move citing higher costs of funds, with Continental Illinois and First National Bank of Boston quickly matching. The rate signals broader funding costs, not consumer loan rates.
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