Senate approves natural gas price deregulation plan
The Senate voted 57 to 42 to approve Carter administration energy policy with the natural gas price deregulation compromise. Iowa Senators Dick Clark and John Culver supported the measure, sending the bill to the House for final approval in about a week to ten days.
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Carter to hold first news conference in six weeks
President Carter will hold his first formal news conference in six weeks at 3 p.m. Iowa time Thursday, the White House announced. The compromise on gas price controls drew praise from supporters and sharp opposition from critics including Sen. Howard Metzenbaum who called it a prescription for economic disaster. The bill ends years of congressional haggling and is pitched as key to energy policy and easing oil imports.
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Rail strike faces 24 hour deadline to settle
Labor Secretary Ray Marshall announced resumption of talks to end the nationwide rail strike and set a noon Thursday deadline for a settlement. He warned the cut in traffic harms the economy as picketing continues and says two sides must reach an agreement or federal action may follow.
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Strike ends for clerks on several railroads
Members of the Brotherhood of Railway and Airline Clerks resume work after a stoppage that halted service on multiple lines. Milwaukee Road clerks return by 2 am, Chicago and North Western, Illinois Central Gulf, and others ease back as injunctions and legal actions shadow the end.
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Detective vows fight against Norway vandals
Benton County sheriff's office vows to end vandalism and terrorism by teens in Norway. Detective Pete Wright says more manpower will be deployed as investigators focus on four or five suspects tied to a bridge burning on July 1e. The reward for information rose to 1000 dollars. the bridge valued at 58 thousand dollars must be solved before rebuilding.
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Chuck Caley Pretend Ride Sparks City Park Play
City Park in Iowa City hosts a playful moment as 15 month old Chuck Caley sits on a fire truck poised for a pretend ride. Chuck is the son of Mr and Mrs Charles Caley of Iowa City.
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Trade deficit shrinks to 1.62 billion in August
The United States posts an August trade deficit of 1.62 billion, down from July’s 2.99 billion. Exports rise 5.7 percent to 12.47 billion led by food and airplanes, while imports fall 4.7 percent to 14.09 billion with oil remaining a major factor.
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