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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jul 01, 1977
Page
1
The Carter administration released five year projections showing inflation around 4 percent by 1982 with unemployment dropping to about 4.5 percent. It cites possible budget surpluses in 1981 and 1982 but notes they may be erased by taxes and spending.
The House Ways and Means Committee completed action on the Carter energy tax plan, endorsing a version that reduces the conservation target by 40 percent yet aims to cut oil use. The measure would raise about 55.3 billion dollars in taxes from 1978 to 1985, extend the 4 cent gasoline tax to 1985, end certain itemized deductions, and refund about 20 dollars to every adult. President advisor Laurence Woodworth praised the committee’s work, while chairman Al Ullman touted the plan as necessary toughness for America today.
A state civil defense coordinator indicated Kansas is unlikely to request a presidential disaster declaration for eastern flood damage. Marvin Henry said damage reports from enough counties are unavailable, so SBA loans may be pursued, as presidential aid would require broader, direct grants. Douglas County reports show $271,000 in resident and business losses and $183,000 in crop losses.
The Agriculture Department forecasts a potential rise in corn and grain stockpiles if weather cooperates. It projects 70.8 million acres of corn, down slightly from last year’s record, and a soybean harvest of 58 million acres, up 17 percent from 1976. Weather-driven risks noted. first USDA 1977 corn estimate to come July 12 and soybean figure August 11.
Judge James Paddock of the Douglas County District Court rules that Stephen Hill and Justin Hill Sr. can recover 397000 owed by Kansas Fibreboard Inc. by foreclosing the firm's mortgage they hold. The decision likely triggers a sheriff sale of property and related interests on about eight acres.
Charlotte Grosse, 15, was rescued after more than 52 hours in captivity near Siesta Key. Suspect Wilfred Bannister, 33, of Siesta Key, was arrested. She was taken to Sarasota Memorial Hospital in good condition. Authorities say the case remains under investigation and details are being pieced together.
The Lawrence Jaycees and KU present the largest July Fourth program with a 36 inch aerial shell. Opening performances feature KU music groups and about 300 students, followed by a dusk fireworks display. Rep. Larry Winn will speak. gates open at 6 30 p.m. Admission is 1.25, 1.50 at the gate. If rain, the event moves to Monday. Approximately 20 000 attend last year.
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