Lockheed loan divides lawmakers amid steel and rail hikes
In Corry a day of financial tensions unfolds as steelworkers win a 30 percent raise with fringe benefits and rails gain 42 percent, while Senate authorizes a $250 million loan guarantee for Lockheed Aircraft. Legislators debate audits and future funding, noting industry-wide cuts in aerospace and the risk of recurring aid.
MENTIONED IN THIS ARTICLE
Bill Eaton
Associated Press
Steelworkers’ Union
Morgan Baverly
Rogera Structural Steel Co
United States Steel
Cleveland
Washington
Senate
Lockheed Aircraft Corporation
Lockheed
U S Steel leads eight percent steel price hikes nationwide
U S Steel and four other top firms plan across the board price increases averaging eight percent on most steel types. The move aims to offset costs from a new AFI CIO United Steelworkers contract, with first round effective Thursday and staged through December. White House cautions on long term industry impact as automakers refrain from comment.
MENTIONED IN THIS ARTICLE
Pittsburgh
U. S. Steel
White House
Gerald L. Warren
U.S. Steel
Afi-Cio
United Steelworkers of America
Bethlehem Steel
Republic
Armco
Youngstown Sheet &Tube
Ford
Chrysler
General Motors
Buck
Perishables Move First On Railroads
Rail officials moved quickly to unload stranded cargo after a strike against 10 railroads ended. Perishables would be prioritized with refrigerator cars spotted at many points as West and Northwest regions suffered shortages of lumber, grain, and other goods. The United Transportation Union ended picket lines after settling a contract granting about 190,000 trainmen a $1.50 hourly raise over 42 months.
MENTIONED IN THIS ARTICLE
Associated Press
Southern Pacific
San Francisco
West
Northwest
California
Oregon
United Grain Growers
United Transportation Union
Pollution Problem Across Counties Warns of Rural Sewage
State health officials in Warren report widespread pollution in county streams, with Spring Creek residents like Mrs. Richard Hunt complaining of raw sewage from several homes entering Broken Straw Creek. Officials say septic tanks aren’t a simple fix due to soil conditions, affecting Columbus Sugar Grove Grand Valley and Bear Lake areas.
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Corry
Erie
Warren
Sticks
State Health Department
Spring Creek
Brokenstraw Creek
Richard Hunt
the Journal
Brokenstrain
Health Department
the Journal Today
Taxpayer You're Now Backing Lockheed Loan
Congress approves 250 million in loan guarantees for Lockheed Aircraft, delivering Nixon a narrow 49 to 48 Senate vote after House approval. Key swing vote Sen. Marlow Cook aided by timing as job projections claimed 60,000 affected nationwide if the loan failed. Proxmire warns of sweetheart contracts as watchdog phase begins. Also reports that Marcel Rosenblasz, 5, Colac Australia, has three kidneys after surgery, with earlier X rays showing four kidneys.
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Washington
Congress
Nixon
Lockheed Aircraft Corp
Senate
House
Lockheed
Marlow Cook
R-Ky
Cook
Supreme Court
John Tower
R-Tex
G. Harrold Carswell
Spiro T. Agnew
Wiliam Prommire
D-Wis
Proxmire
Burglary at Union City Sports Center Repeats April Theft
State Police and local officers investigate a weekend burglary at the Union City Sports Center in which 22 small caliber rifles 14 shotguns 22 rifle scopes and $60 in cash were stolen from two cash registers while a third kept money untouched. The incident mirrors an April 26 robbery at the same store which saw $2 500 in weapons stolen and jewelry at Edith's Gift Shop left untouched. Authorities note a spate of break ins in the area including Union City Borough Garage and the Museum the prior Thursday and suggest ongoing investigations.
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Corry
Union City
The
Journal Today
Edith
Main Street
David Anderson
Pri the Fein
Union City Museum
Disks Street
Survey Lets Corry Journal Readers Rate Coverage
The Corry Evening Journal’s first readership survey shows readers are loyal and varied in opinion. Women responded more than men with the 35 to 40 age group most represented and some responses from younger readers. Most say the paper keeps them informed and coverage is good in country, sports, society and school news, with about a quarter calling it excellent in those areas. Readers prefer steady coverage on traffic, arrests, police news, obituaries, and social events, while many dislike the current comic lineup. About 58 percent find the material highly accurate, 16 percent very high, 19 percent some confidence, and 7 percent little confidence in fairness. Opinions on the Journal as a newspaper and a source vary, with 23 percent calling it very fair, 4 percent fair, 21 percent average, 5 percent unfair, and 4 percent very unfair.
MENTIONED IN THIS ARTICLE
Corry Evening Journal
Teadera
Steve Canyon
Ear Sastre Annne
Meyers
Cory
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Richard Seh
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Lockheed Books
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Rolls Royce
Sen. Schweiker
Vigorito
Defense Department
Vigorita
Robert Hetherington
Sen. Scott
Hetherington
Sant Aircraft
USS
Elesea
Journal Phate
Pryor
Melbourne
Marcel Rosenblasz
Colac
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UC Sports Center