Seigniorage Profits From Coinage Rise at Treasury
The federal government earns large profits from coinage by replacing silver with copper and lowering metal costs, with seigniorage reaching hundreds of millions yearly. Since 1965 the Practice finances the deficit, as the Treasury records face value profits while metal costs shrink.
MENTIONED IN THIS ARTICLE
Joseph R. Coyne
Washington
Ntation
Treasury Department
Treasury
Federal Reserve System
Federal Reserve
Ronald Reagan
South
George C. Wallace
Kennedy to chair Massachusetts delegation at convention
Sen Edward M Kennedy will head the Massachusetts delegation to the Democratic National Convention after being elected at a Monday night meeting in Newton. He was absent, cruising off the Maine coast. The open floor nomination defeated his choice for vice chairman Lester S Hyman. Dr Lester Sitzes spoke at Hope Lions Club luncheon, previewing Europe tour. Visitors included John Sample and James L Copass.
MENTIONED IN THIS ARTICLE
Newton
Mass
Edward M. Kennedy
Massachusetts
Kennedy
Maine
Joseph Gargan
Lester S. Hyman
Lester Sitzes
Jim Argo
Hope Lions Club
Town & Country Restaurant
Sitzes
Europe
John Sample
Aetna Claims Division
Texarkana
Hope
Lion James L. Copass
Solvang
California
Copass
Santa Ynez Valley Lions Club
Vietnam Paris talks at risk from aid curtailment
AP News Digest reports U S and North Vietnam seek secret talks while a drastic cut in foreign aid could affect the Paris negotiations. An officer notes large enemy units pulled back. Saigon attack unlikely before late July or August. Other items cover Soviet delay in Czechoslovakia troop withdrawal, Reagan’s Southern swing against Wallace, and gun death surge.
MENTIONED IN THIS ARTICLE
AP News
Vietnam
United States
North Vietnam
Ety
Clark Blifford Taks Ponetoes
Paris
Sehlot
U.S
Saigon
Czechoslovakia
Warsaw
Prague
Europe
Also Mentioned on This Page
Jimmie Griffin
Bell
Telephone
Bob Horton
Pentagon
Congress
J. W. Fulbright
D-Ark
John
Foster Jr
Fulbright
Congo
Foster
Senate Defense Appropriations Subcommittee
Hope (Ark
Onset
Akansas
Frank King
Ed Kennedy
Lions Club
Senate
Abe Fortas
Judiciary Committee
Civil Service Commission
Willard Hotel
Associated Press
Hempstead County
Talbot Feild, Jr
University of Arkansas, School of Law
Arkansas Bar Association
Southwest Arkansas Bar Association
Hempstead County Bar Association
Arkansas House of Representatives
House Rules Committee
Legislative Council
Citizens For
Carl Bruner
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