Hillsdale Daily News in Hillsdale, Michigan
13 Aug 1980

See the full image with a free trial.

Start for Free

Hillsdale Daily News in Hillsdale, Michigan
13 Aug 1980

Read an issue on 13 Aug 1980 in Hillsdale, Michigan and find what was happening, who was there, and other important and exciting news from the times. You can also check out other issues in The Hillsdale Daily News.

Browse Hillsdale Daily News

How to Find What You Are Looking for on This Page

We use Optical Character Recognition (OCR) technology to make the text on a newspaper image searchable. Below is the OCR data for 13 Aug 1980 Hillsdale Daily News in Hillsdale, Michigan. Because of the nature of the OCR technology, sometimes the language can appear to be nonsensical. The best way to see what’s on the page is to view the newspaper page.

Get started for free with a 7 day trial.

Hillsdale Daily News (Newspaper) - August 13, 1980, Hillsdale, Michigan Kennedy issues adopted new York apr president Carter winning a guarantee of renomination on one Day finds on the next that his prize is tied to a party platform bearing the Clear stamp of sen. Edward m. Kennedy. Carter was arriving in new York today As delegates to the democratic National convention gathered to formally nominate him for a second term. But under convention rules he was virtually forced to repudiate party positions on the Economy the equal rights amendment and abortion a All stances pushed to Success by the Kennedy Camp tuesday night. And the big question of the convention remained would Kennedy Sall out support follow his platform victories achieved after the presidents men avoided yet another Battle and let the senator have his Way. Quot that s a decision for him to make a Carter said when asked about Kennedy a support tuesday night As he returned to the White House from five Days at the presidential Retreat at Camp David my. And does he need that support he was asked. Quot i can win much better with him a Carter replied. Quot it would certainly be beneficial for me to have his full support during the there were some signs however that not All Kennedy a supporters would go along with a Kennedy endorsement. Kennedy a Deputy Campaign director former Wisconsin gov. Pat Lucey resigned As a Delegate and said he would consider supporting Independent candidate John. Anderson. A machinists Union official said some members who Are delegates would walk out during Carters acceptance speech to protest the presidents economic policies. As for Kennedy in an impassioned speech that electrified the convention s tuesday session he called for a party Victory in the fall but offered no direct endorsement of Carter. After that speech the convention was momentarily his. But it was a shallow Victory for the Massachusetts senator his presidential bid rejected and his major platform Plank spurned by a Arter. I Abor Secretary Ray Marshall said Carter would formally notify the convention today that he cannot accept a Plank calling for a $12 billion Federal program to create 800,000 jobs. That Plank was the one on which Kennedy chose to focus his fight Quot to renew the commitment of the democratic party to economic under party rules Carter must notify the convention of his disagreement with any platform Plank within one hour of final approval of the document. Powell said that while Carter continues his Strong support for tile Era he opposes the platform Plank calling on the party to withhold Campaign funds and technical assistance from any candidate who opposes the amendment. The convention also called for continued Federal funding for abortions a position Powell said Carter has opposed. Hillsdale daily news a vol. 71�?no. 110 Hillsdale Michigan 49262, wednesday August 13, 1980 40 pages 3 sections Price 20 cents i supplemented gives electrifying speech new York i a sen. Edward m. Kennedy the vanquished challenger whose oratory electrified the democratic National convention is lying Low today and offering no hint whether hell stay around for president Carters triumphant acceptance of the party a presidential nomination. Kennedy returned to the Waldorf Astoria late tuesday after publicly congratulating Carter and predicting the party will reunite and Quot March toward a democratic Victory in 1980.�?� he ignored reporters questions about whether he will formally endorse the president or join him at the podium before the close of the convention thursday night. After the speech which touched off a 40-minute demonstration of cheering and poster waving Kennedy strategists struck a Deal that resulted in the senators Victory on several key economic planks in the party platform. Kennedy spokesman Dick Drayne said the senator would spend much of today talking on the Telephone to democratic leaders and other party members. Those conversations Are planned primarily for reasons of Courtesy Drayne said not consultation on Kennedy a next move in his measured path toward reconciliation with the president he spent nine months trying to drive from the White House. Asked if the convention remarks were meant to signal an endorsement of Carter several top Kennedy aides said they would prefer to let the senators words speak for themselves. Carter arrives in new York new York a president Carter arrived in new York today to claim the democratic presidential nomination predicting he would Lead a unified party to a whip the republicans Quot in the november elections. But questions about a reconciliation with his Defeated rival. Sen. Edward m. Kennedy Hung Over his 55-hour visit to the democratic National convention City. And the president said he did not yet know whether he would meet with the senator. A i spoke to him last night after his speech and congratulated him on a wonderful speech a Carter said after air Force one landed at Newark International Airport across the Hudson River in new Jersey. He then flew by Marine corps helicopter to a Landing pad on new Yorkus West Side. Arriving at the Sheraton Centre his . Accused of plotting attack on Iran by the associated press an iranian religious Leader claims the United states has massed 30,000 Quot guerrillas in Egypt for a planned new attack on Iran that would Lance through the restive persian Gulf province of Khuze Stan in an apparent bid to free the american hostages. A radio broadcast tuesday from the provincial City of Ahwaz quoted the unnamed local moslem preacher As telling worshippers that a America has attempted a fresh plot following april a failed hostage Rescue by . Commandos and last months abortive military coup against Iran a revolutionary regime a plot Iran claims was engineered by the United states. Quoting a revolutionary organs in Tehran Quot the preacher said 30,000 guerrillas trained in Egypt were awaiting a justification to attack through the Khuze Stan and could achieve this by Quot sowing and benefiting from internal the persian Gulf province has been plagued by a rebellion by autonomy seeking ethnic arabs and by Border fighting with neighbouring Iraq. Headquarters hotel. Carter told a cheering band of some 200 supporters a throughout this year and throughout the last four years you have shown your Confidence in me. We have faced formidable Odds in the past and we have never been Defeated on major issues. I have no doubt we will be victorious in Carter his party a overwhelming Choice for president at its convention in this City four years ago returned As an incumbent burdened by questions within democratic ranks about his chances for a second term. But he said a i am. Grateful for a party which at the end of this convention will be United. And Ivice president Walter a Fritz Mondale and i will be willing to serve four More years beginning in the president noted his Success monday night in the fight to preserve a party Rule requiring delegates to vote for the candidate they were elected to represent. A my heart goes out in thanksgiving to the delegates who did such a wonderful Job protecting the integrity of the primary system and honouring the votes of 19 million democrats who expressed their will this year a he said. Presidential appointments Secretary Phil Wise asked How Carter would spend today in new York As the convention prepares to nominate him tonight said he will concentrate on polishing his acceptance speech he wild deliver thursday night. The president was on the 45-minute flight from Washington by his wife Rosalynn daughter Amy Mother in Law Albe Smith and two of his grandchildren Jason 5, and Sarah i n. They Are the children of Jack Carter and jigs wife Judy. In Newark the president Shook hands with approximately too members of the new Jersey convention delegation. On his arrival in new York Carter was greeted by gov. Hugh Carey mayor Edward Koch and sen. Daniel Moynihan. Renomination was his needing Only the formal vote tonight but the president came to his Day of Victory without a unified party offering support from its various constituencies and with Many democrats openly worried that a ticket with Carter at the top will pull them Down to defeat in november. White House press Secretary Jody Powell said tuesday he knew of no plans for Carter to meet with sen. Edward m. Kennedy his vanquished rival whose endorsement could be critical if the president is to avoid a defection by Liberal democrats on election Day. Carter will be in new York for 50 hours attending today a rally. In we. Swan Lake a the Swan is often called the most Beautiful and most regal of All waterfowl. This pair of swans can often be seen gracefully photo by Terry o Neal swimming among the Lily pads in the Baw Beese Cove across from the Power House. Calls the right to seek an abortion and other forms of Quot reproductive Freedom Quot is a fundamental human right and backs use of medicaid funds to pay for abortions of poor women who seek them. Opposes efforts to enable Federal agencies to override or exempt state or Federal environmental health or safety Laws Powers that president Carter s proposed Energy mobilization Board would have had. Nan Johnson named managing Nan l. Johnson has been named managing editor of the Hillsdale daily news to replace George r. Hill who died july 8. She has been employed at the daily news since feb. 3, 1979, serving As business and education editor and assisting or. Hill with production of the newspaper. She was formerly employed As director of Public relations at Jackson Community College where she worked for seven years. She has also worked in the newsroom at the Jackson citizen Patriot. An English major she studied journalism at Jackson Junior College and Michigan state University and also attended Spring Arbor College. A a in a very pleased to be named to this position a she said. A i feel the newspaper should reflect the needs and interests of the Community it serves and am looking Forward to pursuing that goal in Hillsdale she encourages county residents to Contact her with comments and suggestions regarding the newspaper. Marcia t. Leader originally hired Jan. 1,1976, has been named news editor. Mrs. Loader resumed part time work oct. 31, 1979, after a leave of absence for the birth of her son. She and her husband George reside in Hillsdale. She returned to full time status july 8 of this year. She will work closely with the managing editor in publication of each Days paper and will also assume responsibility for the business Section of the newspaper while is. Johnson will continue coordinating the education news. Is. Johnson currently living at Lake Leann with her three children will be moving to Hillsdale in the near future. Inside the news summer vacations nearly Over a some of the schools in Hillsdale county Are listing dates for registration and Back to school orientation for students a Page 5a. Travellers reunited a two Young women who met through an Exchange student program recently had a Brief reunion a Page 6 a. Red sox spoil a the Birds so comeback a comeback in for Mark a the Birds Fidrych was spoiled by the Boston red sox tuesday night a Page 8a. School Bells will Beckon students a come August students and their parents can to help but begin thinking a Aback to school thoughts a Section c. Obituaries. 2a modern living ____6a for the record. 2a sports. ____8a hospitals. 2 a amusements. ____9 a briefs. 3 a super wed. Sect. B opinion. 4 a agriculture. ____2b education. 5a school Tab. Sect. C rain tonight weather details on Page 2 consumer can shop around for Best banking Deal by Louise c x k associated press writer the Competition for your Money is getting fiercer. The lines that separate of financial institutions Are blurring. Banks savings and loan associations and credit unions Are offering new services to attract billions of dollars from american Consumers. Deregulation is coming to the banking Industry just As it came to the airlines. The result a just As in tile airline business a will be bargains for some higher prices for others and confusion for Many. A what the consumer has to do is shop around a said Curt brins staff director of the consumer affairs subcommittee of the House banking committee. A deregulation Bill passed by Congress in March will Spur the spread of interest bearing checking accounts. It will end ceilings on passbook savings accounts and will allow savings and loan associations to offer things like credit cards and consumer Loans. There Are three major of financial institutions in the Battle for your Money commercial Banks savings and loan associations and credit unions. Commercial Banks handle financial transactions for both businesses and individuals. There Are nearly 14,500 commercial Banks about two thirds of which Are chartered by individual suites and one third of which Are chartered by the Federal government. They have assets of Over i trillion. Savings and loan associations Are known for Home mortgage Loans. They traditionally have been allowed to pay slightly higher interest rates than commercial Banks but have been limited in the types of services they could offer. As of the end of 1979, there were 4,709 savings and loan associations with assets of about $579 billion. Savings and loan associations in new England started offering interest bearing checking accounts known As now accounts on an experimental basis eight years ago and the accounts spread to new York and new Jersey. Next january All savings and loan associations a As Well As commercial Banks a will be Able to offer now accounts. Credit unions Are non profit membership organizations. The members must have a common Bond such As employment. There Are Over 20,000 credit unions with assets of Over $60 billion. In 1974, credit unions started offering share drafts a also a kind of interest bearing checking. Legal challenges delayed the expansion of the share drafts but the Spring deregulation Bill insured their con nation. There Are several factors to consider when deciding where to put your Money. How much interest can you get How much will you to charged9 the figures May seem complicated but it is often Worth while to Wade through them. Here Are some of the details existing now accounts pay 5 percent interest. Regulators Are still considering what interest rate to allow on the now accounts that will come into being in january but it is expected to be in the Range of 5 percent. Credit Union share drafts pay an interest rate of about 6 percent depending on the individual organization. Before you put in an interest bearing checking account however Check the Cost. Most commercial Banks and some savings and Loans Are expected to set substantial fees for Small accounts. If you do not maintain a minimum balance of say $1,500 or More you May be required to pay a monthly service charge plus a fee for each Check. Passbook accounts pay a relatively Low rate of interest but generally allow you to take your Money out whenever you want. Time deposits pay More interest but you must leave your Money in the account for a fixed period. Passbook savings accounts currently earn a maximum of 5.5 percent in savings and loan associations and a maximum of 5.25 percent in commercial Banks. Those ceilings will be eliminated in 1986 under the deregulation Bill. In the interim the legislation encourages a but does not require a a special Board of Federal regulators to increase maximum interest rates on passbook accounts by 2.25 percentage Points. Federally chartered credit unions pay a maximum of 7 percent interest on passbook Type savings most state chartered credit unions also Are allowed to offer up to 7 percent. Rates on time deposits a including the popular $10,000, six month certificate and the 24year certificate a Are linked to rates the . Treasury department pays on the certificates it issues. The depository institutions deregulation committee set up by Congress to oversee the deregulation process rules in May that Thrift associations like savings and Loans can pay the same rate As the Treasury department does for 24-year certificates up to a maximum of 12 percent. Banks can pay one Quarter of a percentage Point less than the Treasury rate up to a maximum of ll.75 percent. The thrifts Are allowed to pay 9.5 percent interest on the certificates and Banks Are allowed to pay 9.25 percent even if the rates for Treasury securities go below that level. Rates for six month certificates Are set just below rates on six month Treasury Bills. Thrift institutions can pay one Quarter of a percentage Point More than commercial Banks As Long As the rate on six month Treasury Bills is Between 7.5 percent and 8.5 percent. Above and below those limits the differential disappears. No matter where you put your Money you will have to pay for what you get. William b. Of Connell executive vice president of the . League of savings associations warned a oui institutions and the commercial Banks Are very very Cost conscious a much More than they be been in the past. There Are fewer financial institutions that provide free states that a full employment jobs policy and the need to guarantee a Job for every Able bodied american Quot is our single highest Domestic priority Quot recognizes the need for fiscal restraint but asserts that the democratic party will not support reductions in welfare or other programs that serve Basic human needs denies Money or help from the National democratic party to candidates who do not support the equal rights amendment. Democratic platform planks thus far. States that the party will not support changes in social Security Benefit formulas that would result in lower rates of Cost of living increases than recipients get under the present formula Calls for a phased reduction in the state share of a welfare costs and denounces the Republican platform s Call for transferring the costs entirely to the states editor Nan l. Johnson

Search All Newspapers in Hillsdale, Michigan

Advanced Search

Search Courier

Search the Hillsdale Daily News Today with a Free Trial

We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.

Not Finding What You Were Looking for on This Page of The Hillsdale Daily News?

People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!

Looking Courier

Browse Newspapers

You can also successfully find newspapers by these browse options. Explore our archives on your own!

By Location

By Location

Browse by location and discover newspapers from all across the world.

Browse by Location
By Date

By Date

Browse by date and find publications for a specific day or era.

Browse by Date
By Publication

By Publication

Browse old newspaper publications to find specific newspapers.

Browse by Publication
By Collection

By Collection

Browse our newspaper collections to learn about historical topics.

Browse by Collection

NewspaperArchive FAQs

Looking for more information? If you’re not ready to talk to a representative, here are some frequently asked questions to help you determine if institutional access to Newspaper Archive is for you and your institution.

Newspapers allow readers to step into the life and times of past decades and centuries from all over the world. Not only do they have interesting and unique articles and photos, but they also have advertisements, comics, classifieds, and more.
The NewspaperArchive collection can be searched several different ways - advanced search, browse, and publications. The advanced search offers filters to narrow your search for more precise results.
NewspaperArchive’s collection of newspapers boasts more than 85% unique content compared to other newspaper sites. In addition to big city newspapers, we have a wide variety of newspapers from small towns that hold a wealth of information about day-to-day life. Our collection dates back to 1607!