Burns Clash Clouds Carter Budget Talks
President Carter accuses Federal Reserve Chairman Arthur Burns of nearly scuttling the $50 ax rebate plan. The administration faces tense relations as Burns challenges the budget and economic strategy.
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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Jun 04, 1977
Page
4
President Carter accuses Federal Reserve Chairman Arthur Burns of nearly scuttling the $50 ax rebate plan. The administration faces tense relations as Burns challenges the budget and economic strategy.
Henry Kissinger’s aide says the former Secretary of State hasn’t decided whether to accept Columbia University’s endowed chair in political science. A university spokesman confirms the offer remains on the table, with Kissinger’s decision expected from his office. The Times suggested sensitivity to criticism and other commitments in Washington may influence the outcome. Burns and the Fed board face criticism over rising short-term rates as Bert Lance questions bank rate increases and their impact on growth and inflation.
J W Edwards 41 of Bucyrus Kansas received a 3 to 10 year prison term in Johnson County District Court on a theft by deception charge tied to an alleged plot to kill a Shawnee man and banker. He testified for the prosecution last week and an associated conspiracy charge was dropped after polygraph tests and witness testimony.
Dr J D Haynesford of Garden City attended the annual Kansas convention. The event highlighted an educational program with topics of primary interest to general practice physicians. He has earned 50 years of approved educational credits since 1974 for membership.
Four of Ellis County’s five banks imposed nearly identical checking account fees. The complaints were sent to Kansas Attorney General for antitrust review to determine restraint of trade. Bank officials cite rising costs and aim to curb abuses with the new charges.
Washington AP reports a Federal Reserve Board rule effective now requires credit companies to record information about a married couple in both spouses names. The rule, tied to the 1974 Equal Credit Opportunity Act, aims to aid women who are divorced widowed or seek their own accounts. Credit card firms will mail letters outlining rights and how to report joint or spouse non signatory credit information.
Salem, native of Cimarron, is appointed agriculture sales and program advisor at KUPK Radio and will continue as KUPK's area advertising representative. He has 17 years in advertising, previously served as account executive for KGLD-TV eight years and with KUPK-TV and KFRM Radio. He is a Cimarron High School graduate, married with three children aged 15, 5, and 8.
A new Hoover authorized dealer is appointed in North Canton Ohio with offices in Wichita and Garden City Vacuum Sales and Service. Ina Smith of 419 Magnolia is named as the dealer contact. The appointment covers Hoover sales and service through the Hoover Company network with the address 1011 E Fulion.
Citizens Band radios linger cheap with 23-channel sets flooding the market five months after 40-channel units debut. Retailers slash prices to stay competitive as FCC rules on post August 1 push tighter specs, potentially stabilizing costs once the glut ends. Industry observers split on long term, but most see continued activity and price competition in CB markets.
R J Maxfield of Mall Garden City completes required continuing medical education to maintain active membership in the American Academy of Family Physicians. Members must complete at least 180 hours of accredited study every three years to stay in good standing.
SCORE Chapter represented by Henry Hall Claude Robinson and Eugene Ware at a Wichita workshop. members learned new counseling techniques and SBA lending policy updates for helping small business owners.
William Alsop son of Mr and Mrs Sam Alsop of 1107 Gillespie will receive his Doctor of Medicine degree from the University of Kansas Medical School this semester and start a three year residency at Wesley Medical Center Wichita July 1 He will work in surgery at St Catherine Hospital this month before moving to Wichita Alsop is a 1970 graduate of Garden City High School and a 1974 graduate of the University of Kansas
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