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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Oct 08, 1973
Page
17
Partly cloudy today with highs in the mid to upper 50s. Slight chance of late afternoon showers. Tonight mostly cloudy with overnight lows in the 60s. Tuesday cooler with mid 70s to low 80s and a 30 percent chance of showers.
In Wichita a large crowd attended Gov. Robert Docking's birthday fund-raiser as many Democrats urged him to enter the 1974 U.S. Senate race. Sen. Henry Jackson praised Docking, while Atty. Gen. Vern Miller and Rep. Bill Roy voiced support.
The White House endorses a plan to cut peanut subsidies, with Agriculture Secretary Earl L. Butz to announce soon. The program, needing congressional action, targets a fixed price for US consumption and mirrors recent moves on wheat, cotton, and grains. The CCC will incur losses as it diverts part of the crop, and subsidies would drop to near zero if market prices rise above the target.
State Sen. Ike Skelton proposes a bill to end the blackout of live TV for sold out Missouri football games. He cites Faurot Stadium capacity and UMC alumni reach to argue many Missouri fans are blocked from viewing.
Historical note recalls how 1930s balloon mortgages kept three to five year interest payments and a large balance due later, causing many foreclosures. Now amortizing loans with level payments pay both principal and interest until the loan is cleared, ending the balloon process. The Gill Agency offers real estate help at 901 Tenn. Phone 843-1011.
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