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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Oct 27, 1977
Page
2
In January Universal Money Order Co, a New York firm, collapsed leaving 132000 California buyers with about 10.5 million dollars in unreturned funds. Officials say the loosely regulated market lacks protection, with 38 states licensing firms and many not requiring registration.
A federal study notes 24 percent of U S households lack checking accounts and money orders reach about 27 billion dollars annually though no agency tracks the industry. The FDIC insures bank issued money orders, but most are from non-bank issuers. California moves toward special purpose banks and FDIC coverage, while New York advances industry wide insurance. A conference in California will discuss policing forgotten payment mechanisms.
HEW Secretary Joseph A Califano Jr said audits of Medicaid payments from April to September 1976 found 4.7 million ineligible claims totaling 229 million dollars, projecting over a year and state matching funds could exceed one billion. He noted 47,000 involved doctors or druggists and 2,500 are under state review, with potential civil or criminal action.
The article outlines state budget gaps with proposed liens on welfare property and higher tax projections from Wharton School of Finance. It details legislative actions in the Pennsylvania House, plus a profile of Mississippi Senator James Eastland, highlighting his control of the Judiciary Committee and influence on federal investigations and key judicial appointments.
A column by Jack Anderson and Heines portrays Senator James Eastland as a powerful yet invisible influence on the Justice Department and the strike force probing Eastland allies. It notes Haulberg's withdrawal from the probe, subsequent disbanding of the unit, and transfer to the Public Integrity Section, with denials of political pressure.
The Pennsylvania Bureau of Consumer Protection operates in six cities. For complaints about shoddy goods or business practices, contact the nearest office at Erie 9197 State Street Room 203 16501. Phone 454-7184 Area code 414.
Fragmentary AP masthead from a Pennsylvania newspaper lists republication rights and postage details. It notes second class postage paid at Corry and annual, six month, and motor carrier rates, with advertising rate information available on application.
The eight part PBS premiere set in 1880 to 1900 New York uses three class families to show technology politics and society changes. Costing 6.15 million dollars it aims to educate as well as entertain despite a slow opener and somber tone.
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