Our Daily Bread Sliced Thin By The Editor
Editor Alex H. Washburn reflects on the deadly effects of municipal aid. The piece cites Boston and New York debt, tax impacts on taxpayers in the Southwest, and questions state and federal authority to fund mismanaged cities. It warns that credit faith could decline if such practices continue.
MENTIONED IN THIS ARTICLE
Our
Alex H. Washburn
Tyrone St
el Cajon
Calif
Williams
The
Star
New York City
Boston
New York
Jonathan Wolman
Associated Press
Massachusetts
New York State
Southwest
America
United States
Guy Surrenders in Arkansas Check-Kiting Case
H Arnold Guy surrendered to a U.S. magistrate in Mississippi after being charged in a federal check-kiting scheme case. Indicted with former Arkansas official Talbot Feild Jr. and Jim Bruce Smith regarding the Bank of Chichester. Guy faces charges of aiding and abetting misapplication of funds and making false statements by the bank.
MENTIONED IN THIS ARTICLE
Fort Smith, Ark
H. Arnold Guy
U.S
Mississippi
Guy
Talbot Feild Jr
Hope
Jim Bruce Smith
Bank of Chichester
Arkansas
Feild
Train wreck near Sydney leaves 80 dead and dozens injured
Police estimate more than 80 people killed when a commuter train jumped tracks near Sydney and crushed a bridge and cars on two coaches. About 95 were injured, many critically, with救救 survivors trapped under a collapsed highway bridge and high voltage lines.
MENTIONED IN THIS ARTICLE
Sydney
Australia
George Marshall
Mount Victoria
Carter Cabinet Nominees Near Senate Confirmation
Senate moves toward confirming six cabinet nominees with backing from committees. Idaho Governor Cecil Andrus to interior secretary, Ray Marshall to labor, Joseph Califano to health, education and welfare, W Michael Blumenthal to Treasury, Charles Schultze to ECA chair, and Patricia Harris to housing. Sorensen withdraws from CIA post amid attacks. Carter regrets but backs nominees.
MENTIONED IN THIS ARTICLE
Washington
Theodore Sorensen
Carter
CIA
Senate
Idaho
Cecil Andrus
Ray Marshall
Joseph Califano
Health, Education and Welfare
W. Michael Blumenthal
Treasury
Charles L. Schultze
Council of Economic Advisers
Patricia Roberts Harris
Housing and Urban Development
Hearnes
Thomas B. Lance
Office of Management and Budget
Senate Judiciary Committee
Griffin B. Biggini
Nation
Bell
Kennedy
Plains
Sorensen
Lance
Atlanta
Georgia
Senato
Andrus
Senate Interior Committee
Ford
Tanker sinks in Pacific amid oil spill and rescue operation
The 600 foot Irenes Challenger carrying 3.15 million gallons of light crude oil split midship 204 miles southeast of Midway Island and began sinking. The Pacific Arrow rescued 28 of 31 crew, three remained aboard, no injuries reported. Coast Guard aircraft and the cutter Mallow assisted as conditions were reported favorable. Royal Liberian registered tanker incidents have been rising near U.S. waters since December.
MENTIONED IN THIS ARTICLE
Honolulu
Midway Island
Pacific
U.S. Coast Guard
Jim Gilman
Coast Guard
Irenes Challenger
Tsakos Shipping and Trading Co
Piraeus
South Africa
Gilman
Mallow
Robert V. Renaud
U.S
Plane hunt called off in Hempstead County search
The Hempstead County Sheriff's Office investigated a possible airplane crash near Clear Lake after a 3 a.m. report of a light seen over trees. Deputies and Rescue Unit searched but found nothing and ended the hunt unless a missing plane is reported.
MENTIONED IN THIS ARTICLE
Hempstead County
Clear Lake
Tommy Adair
Henry Singard
Adair
Economy growth slows in final quarter of 1975
The Commerce Department reports GNP rose 3 percent in October to December, the slowest-quarter since 1974-75 recession and below the 3.9 percent pace of Q3. Inflation ran 6.2 percent in Q4, unemployment edged higher, while personal income rose and industrial production spiked toward year end.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Jimmy Carter
Ford
Fireworks and Dance Open Carter Inaugural Festivities
Washington AP reports four tons of fireworks and a series of concerts and dances launch Jimmy Carter’s five day inaugural celebration. Carter arrives late, missing some events, as Kennedy Center performances feature Gershwin and Beethoven.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
Carter
Mall
Washington Monument
Capitol
Gershwin
Porgy and
Kennedy Center
National Symphony Orchestra
Atlanta Symphony Orchestra
National Visitor's Center
Lincoln Memorial
Walter Mondale
New Spirit
CBS
Blair House
White House
Ford
Six more bodies found in Barcelona harbor disaster
Frogmen recovered six additional bodies, raising the death toll to 30 from the capsizing of a U.S. Navy landing craft returning sailors and Marines to Guam. About 90 survived, with 30 injured. 20 remain unaccounted for, and 12 may not have been aboard.
MENTIONED IN THIS ARTICLE
Barcelona
Spain
U.S. Navy
Navy
Cmdr
John Dewey
U.S. 6Th Fleet
Guam
Trenton
Arela
Explosions Destroy Historic New Bedford Waterfront
Five historic waterfront structures in New Bedford Massachusetts were destroyed or gutted after blasts and fire tore through the area. The Whaling Museum and a Melville linked church suffered shattered windows while the Macomber-Uliva House dating to 1816 was also lost. Fire chief says gas leak likely caused the explosions as police reported pre-blast gas concerns.
MENTIONED IN THIS ARTICLE
New Bedford
Mass
Merman Melville
Macomber-Uilvia House
Manuel Almeida
Winter tightens grip as nation faces crippling cold
The Arctic surge freezes the East as utilities cut power to auto and steel plants and more than 60,000 workers lose jobs. Schools close for 135,000 students while four deaths are linked to the cold. Utilities divert gas and electricity amid shortages and conservation efforts intensify.
MENTIONED IN THIS ARTICLE
Eileen Alt Powell
Associated Press
Florida
New York
Raleigh
N.C
Cincinnati
Seraceahs
Pennsylvania
Ernest Kline
Ohio
Michigan
Amtrak
Chicago
Ohio River
James River
Virginia Electric and Power Co
Detroit Edison
Niagara Mohawk
Brooklyn
East Tennessee Natural Gas Co
Also Mentioned on This Page
the Star
Irvin Williams
Arnold Guy
Justice Department
Senate Intelligence Committee
John F. Kennedy
Japan
Venezuela
Benjamin Hooks
National Association For the Advancement of Colored People
Joseph Califano JR
Sen
Hubert H. Humphrey
Mondale
Marine Cpl
Herb Braxton
Camden
N.J
Illinois
Indiana
Willard Driscoll
Muncie, Inc
Itt
South Jersey Gas Co
Ilinois
Tribune
Wrigley Building
Michigan Avenue
Alpena
Alpena Power Co
West Virginia
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