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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 31, 1981
Page
3
The Nation reports President Reagan remains in excellent health and fully recovered from the assassination attempt seven months ago after a two day physical examination. White House aide Larry Speakes calls him fit as a fiddle.
The Gazette notes three of five council seats contested with winners favored as Don Canney for mayor Floyd Bergen for safety commissioner and Steve Ovel for parks commissioner based on candidate impressions. Page 6A.
The Federal Home Loan Bank Board chief says Congress should curb assumable mortgage transfers to help strapped sav ings and loans. Rising rates have made such deals common, but they reduce mortgage credit and raise costs for first-time buyers. Pratt seeks new powers for S and Ls to act like banks, while lenders and realtors warn of fewer affordable options.
Swedish marines and commandos ringed a grounded Soviet submarine with 56 crew aboard near the Karlskrona base. The Soviet commander Pyotr Gushin refused to leave for questioning as night closed in.
At Graterford State Prison four inmates hold 38 hostages after an aborted escape. They present demands and seek cooperation on food and medical needs while the heat remains off. One inmate identified as Calvin Williams says the goal is to gain supplies and safety. leader Joseph Bowen and others are named. A trooper was wounded by a gunshot from Bowen.
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