20 Nov 1987
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 20, 1987
Page
1
Former candidate Farley states the campaign window is too short to mount a credible bid. He says he will not enter the race and emphasizes the need for more planning time and organizational support.
The listing spans a postponed Fleetwood Mac concert in Cedar Rapids to a Joffrey Ballet Nutcracker add on at Hancher Auditorium. It notes a $1.5 million Pride in Excellence drive for the Cedar Rapids Symphony and local transit and medical stories including liver transplant waiting lists and Beaujolais vintage labels in Iowa.
Washington reports President Reagan will implement 23 billion dollars in automatic spending cuts today after stalled deficit talks. Howard Baker said cuts proceed even if a new deficit plan emerges, as Republicans and Democrats oppose the deeper 11.5 billion in military and domestic reductions. The move aims to sway negotiators toward a compromise while risking broader congressional opposition and potential reversal if a new plan is agreed later.
Witness William Vincik testified that three intruders shot his wife Inez in their Cedar Rapids home on June 26, 1984, after seeking photos of a suspected drug deal in Daniels Park. He recalled a man seen with a disoriented girl at O’Hare en route to Jamaica, later spotted in a Jamaica bank. The defense rested after Vincik’s testimony as the trial nears closing arguments and jury deliberation.
Unsecured creditors committee says 18,000 Morris Plan of Iowa and MorAmerica Financial Corp. depositors may not see partial payments until Feb. 1 1988 at the earliest. Approval for Federal Savings and Loan Insurance Corp. coverage must come from the Federal Home Loan Bank Board delaying disbursement.
In Everglades Florida shipments of lumber used for picnic furniture concealed the largest cocaine seizure in U.S. history. The haul exceeded four tons with boards hollowed into foot long sections resembling railroad ties. Customs said the total import value reached about 73 million dollars with ongoing seizures since June.
Republican leaders and opposition within the party threaten a joint Congress address by Soviet General Secretary Mikhail Gorbachev. A White House official says a joint meeting would be unlikely, with calls for an alternative forum during his December U S visit ahead of the summit and missile treaty talks in Geneva.
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