Railroads Seek Fifth Freight Rate Hike In Four Years
The nations railroads ask for a 15 percent rate boost in the East and West, with Southern lines proposing a 6 percent across the board plus a permanent 15 percent coal-hauling hike. ICC hearings begin, while history suggests approval. The piece also notes Penn Central's collapse intensifying pressure and labor-cost concerns voiced by ICC Chairman Stafford.
MENTIONED IN THIS ARTICLE
Washington
United States
Southern
Interstate Commerce Commission
ICC
Penn Central
George M. Stafford
Stafford
Congress
Senate
Mike Mansfield
Montana
Department of Transportation
Cuba Would Seek Pact Covering Hijackings by Boats Too
Cuban Foreign Minister Raul Roa said Havana would sign a bilateral agreement with the United States on returning hijackers only if the pact also covers sea hijackings and other piracy under Cuban law. He cited Labadie as a mental case and urged humanitarian treatment, while US officials await the stance.
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Miami
Cuba
United States
Florida
State Department
Raul Roa
Roa
Havana Radio
Fort Wayne
Ind
Labadie
Valley Forge
U.S
Ies
Robert Labadie
Lebanon Troops Guard Border Against Raids
Lebanese troops fortified the border with Israel amid warnings of renewed guerrilla activity after a Cairo ceasefire signed by King Hussein and Yasir Arafat. The accord creates a three member committee, calls for withdrawal to prior lines, and prohibits propaganda campaigns while supporting the Palestinian cause. Sporadic Jordanian fighting continued as regional leaders from Egypt and several Arab states met to finalize the pact.
MENTIONED IN THIS ARTICLE
Lebanon
Israel
Hussein
Jordan
Yasir Arafat
Cairo
Tiberias
Arafat
Amman
Israel Jordan
Jordan River
Industrialist Lear pays back taxes with wheel check
William Lear presented the IRS with a $779,724 check for back taxes Friday. The unusual payment was painted on a six inch diameter metal wheel deemed the heart of his steam powered engine project by IRS official Lee Aubuhom who accepted the wheel as payment.
MENTIONED IN THIS ARTICLE
Reno
Nev
William Lear
Internal Revenue Service
Lee Aubuhom
IRS
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