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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Jul 02, 1977
Page
4
A 1970s analysis argues energy demand will triple by 2000, boosting electric power to about half total needs. It weighs safety concerns raised by Clamshell Alliance against long term benefits of nuclear plants while noting coal, oil, and hydro limits and potential solar and wind contributions.
Interest in U S Savings Bonds surges as May sales reach 709 million, lifting year to date 1977 to about 3.5 billion and prompting forecasts of four billion in 1977. Critics, including Milton Friedman and Rep Pete Stark, call them poor investments while Treasury officials tout them as a savings plan.
Frank Barnett will retire as chairman and CEO of Union Pacific on August 1. James H. Evans, 67, already president, is elected to succeed him as chairman and CEO. William S. Cook becomes president and COO, with Barnett remaining as director and consultant.
In Tokyo nervousness grows as Carter calls for U S troop withdrawal from South Korea. Fukuda's government reshuffles defense units and seeks a fishing accord with Moscow to ease tensions. Japan aims to pressure Moscow to curb Pyongyang while guarding security interests amid shifting U S policy.
District 66 proposes a 1977 78 budget of 15 953 596 nearly 16 million with a 6 7 percent spending rise and a 0 29 mill tax drop. Supt H Veugiin Phelps and Treasurer Wayne Meier cite fewer teachers and admins, more state aid, and higher local property values as reasons. Property values up nearly 10 million, owner of a 40 000 home would save about 4 in taxes. public hearing set for Monday.
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