Carter declines NAACP pledge on jobs policy
NAACP officials urged President Carter to back the Humphrey Hawkins bill to cut unemployment to four percent. Carter spent about 40 minutes with NAACP leaders, avoided comment, and acknowledged the group's work on civil rights. Hooks warned of demonstrations if satisfied, while noting limited time to discuss the 18 to 19 concerns, including retirement age proposals and minority employment in government jobs. Margaret Bush Wilson praised Carter's human rights stance.
MENTIONED IN THIS ARTICLE
Washington
NAACP
Carter
Benjamin Hooks
National Association For the Advancement of Colored People
Dhurch
Martin Luther King Jr
Hooks
Presi
Dent
Margaret Bush Wilson
Housing bill advances in Congress amid funding plan
Senate and House conferees reached a $1 billion housing and community development authorization agreement ending a two month stalemate. The measure would extend block grants for three years and support HUD programs for one year, with new funding formulas prioritizing older housing and growth lag.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Congress
East
Midwest
Atlanta
Georgia
George Busbee
Conference Committee
Harrison Williams
D-N.j
Department of Housing and Urban Development
Bank balk on Lance loan prompts banking reform talk
New York bank president John F. McGillicuddy testified that Manufacturers Hanover Trust would have questioned a Lance loan more severely if it knew of Lance’s other financial transactions and pledges. He and three other bankers told a Senate Finance Committee hearing that current regulation suffices and broad new laws are unnecessary. They noted correspondent accounts with Lance related to loans at related banks and said the knowledge of dual pledges would have harmed relations with Lance.
MENTIONED IN THIS ARTICLE
Washington
New York
Bert Lance
Lance
John F. McGillicuddy
Hanover’ Trust Co
McGillicuddy
Thhree
Georgia Bank
Senate Finance Committee
Office of Management and Budget
Moni
Comptroller of the Currency
John G. Heimann
Donald C. Platten
Chemical Bank
Het
Lance Fcom
First National Bank of
Calhoun
National
Bank of Georgia
John Heinz
Hanover
Also Mentioned on This Page
White House
U.S. Housing Bill Advances
General Dynamics
California Chemical Company
Labor Department
Department
General Dynamics and
Hercules Inc
Hercules
Calif
Marr Ug
Bankruptcy Court
Realtyrowne, Inc
Ventura
Enemo
California
Dunlofs
Long Beach
Taday
Woodrutt
Radio Shaek
Ae .G
Ita
Network TV
America
Radio Shack
BELL
Sutha Park
Carson
Cerritos
Cypress
Dowpay
Fountain Valley
Gari Seove
Hawthorne
Huntington
Huntington Park
Inglewood
Habra
Enibual
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