Congress Opens Discussion on Banking Reform
The Senate Banking Committee conducts hearings on revamping bank regulation dating to the New Deal. Critics warn of bank accumulation in trust funds and potential control over corporations. Testimony cites brokered deposits tied to loans and profit shares from ventures financed by banks. Agencies favor flexible rules while the Nixon administration plans similar recommendations. The panel aims to act soon.
MENTIONED IN THIS ARTICLE
Leon
Ey Becker” Ma
Nixon
Corry RC Ride Names Division Disaster Volunteer Consultant
Philip J. Segal, disaster director of the Corry Chapter, is named division disaster volunteer consultant for the Northwestern Pennsylvania Division of the American Red Cross. The 24 chapter, 12 county division relies on volunteers like Segal to provide specialized aid to chapters. ac Legal, a longtime Red Cross volunteer, previously chaired the Corry Plan 70-1 housing and feeding lesson with Civil Defense during the 1971 drill.
MENTIONED IN THIS ARTICLE
William Donaldson
Corry
American Red Cross
Philip J. Segal
Northwestern Pennsylvania
American National Red Cross
Northwest
Pennsylvania
Red Cross
Ac Legal
Leason
Corry Youth Center opening set for Friday night
Corry Area High School junior Rhae Blynt adds final touches to a poster advertising the opening of the Corry Youth Center. Doors open at 7 p.m. with the program running until 11 30 p.m. Music will be provided by local rock group Southern Pacific. Journal Photo by Pryor.
MENTIONED IN THIS ARTICLE
Rhae Blynt
Corry Area High School
Corry
Southern Pacific
Pryor
Law Students Seek FDA Rule For Full Ingredient Labels
Washington AP report describes five George Washington University law students proposing that all processed foods carry full ingredient lists. The FDA published the plan for a 60 day comment period without endorsement. If adopted, standardized foods would join current labeling rules, aiding consumers in avoiding cholesterol and other substances.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
FDA
George Washington University
Budget Highlights From Gov Shapp Message to Legislature
AP outlines Gov Shapp's budget package totaling 5.7 billion across General Fund Motor License Fund Special Funds Federal Funds and Augmentations. General Fund recommended expenditures 3.3 billion Motor License Fund 574 million Special Funds 2 Capital Budget Authorizations 458 million. Last year 4.8 billion. this year up 831 million 16.9 percent rise, 2.9 percent above inflation.
MENTIONED IN THIS ARTICLE
Ee (Ap
Andaome
Gov. Shapp
Shapp Splits Budget Into Eight Major Programs
Harrisburg AP Gov Shapp outlines a 5.7 billion dollar 1971-72 budget divided into eight programs with education receiving two billion and a new Drug Narcotic and Alcohol Abuse Control program funded at ten million. The plan consolidates General Fund and special budgets and shifts funds to enforcement treatment and protection efforts. The governor criticizes past budgeting while detailing reforms, cost cuts, and aims to place state government on a businesslike footing.
MENTIONED IN THIS ARTICLE
Harrisburg
Shapp
Department of Education
Department of Labor and Industry
Justice Department
Welfare Department
Also Mentioned on This Page
Anit
Nestly
Congress
Ren
Oire
Corry RC Ride
Charles C. Edwards
Departments of Health and Education
Governor's Council
Governor's Office
Office of the People’s Advocate
Public Services
Common Pleas Court
Commonwealth
Business Guide
Poential
Corry Journal
Wharton Business Service
Center St
Jane's Antiques
Wall’s Watch and Clock Repair
Wright Street
Automobile Agencies
Marty
Pontiac-Buick Inc
West South Street
Frank
Auto Supplies
Western Auto Associate
East Washington Street
Anthony's Auto Parts
North Center Street
Connie's Super Market
Corry Bakery
Don Edwards
D. 3
Homewelt
DRY Cleaners
H&h Dry Cleaners
West Main Street
Electrical Contractors
Taylor’s Electric Service
All Way Electric Service
Johnson Brothers Remington
Myers Water System
James
ST. George Funeral Home
General
Horton J. Davis & Son, Inc
Kinley-Dolan Insurance
Center Street
Frontera
Venture Inn
Monuments & Markers
Star Memorial Works
Main Street
Columbus
Columbus Ave
Mountain
Keystone Service
Swanson’s
E. Main St
Corry TV Cable Co
Ted's
Vacuum Sales & Service
Kirby Dealer
East Main Street
Western Equipment
Fox Western Tack Shop
Donald P. McCaslin
Life
Frank’s
Loblaws
Edgebrook
Devinge & Loen Association
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