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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Oct 13, 1975
Page
5
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Illinois public finances grow dire with dwindling cash reserves. Comptroller Lindberg warns of possible bankruptcy by 1977 if spending continues, while Gov. Walker rejects borrowing to cover operating expenses. Tax receipts rise but aid deficit remains around 100 million. AAA bond rating upheld by Standard & Poor's.
Seoul agreed to meet North Korea on Oct 23 to discuss resuming Red Cross talks to reunite separated families and to restart government political talks. Red Cross plenary talks had occurred in 1972 73. North Korea boycotted since August 1973.
Brig. Gen. Manuel Franco Charais, a tough line soldier and moderate socialist, may replace President Francisco da Costa Gomes as chief of staff. Premier Jose Pinheiro da Azevedo seeks tighter armed forces control and wants action against mutinous leftist officers. Serra do Pilar Artillery Regiment in Oporto remains in mutiny in its seventh day. In Kansas City, Benjamin Fernandez, head of the Republican National Hispanic Conference, touts GOP support for Spanish-speaking Americans and cites appointments during the Nixon era. North Korea and Panmunjom talks referenced with no known reaction.
Washington AP The Secret Service favors legislative options to curb handgun access for mentally unstable individuals. Director H Stuart Knight told the Senate committee that such steps would aid presidential security, though he warned civil liberties concerns and cautioned against broad surveillance. He floated detention or commitment powers for posing threats, stressing it is not a formal recommendation.
Washington AP notes fertilizer inventories are higher than a year ago, ensuring large supplies for farmers as they plan spring planting. The Fertilizer Institute says nitrogen stocks are about the same as 1972 levels before the energy crunch and rising demand. President Edwin M. Wheeler says the buildup coincides with strong domestic demand, easing news amid good prospects.
Rudy Vallee returned to the University of Maine campus for a nostalgia filled weekend. He recalled transferring to Yale decades ago after an unrequited love with a local girl who chose a baseball player named Jack with a raccoon coat and car. He spoke of the Maine Stein Song as part of the visit.
In Philadelphia area 1300 blind listeners access readings of explicit books such as Fear of Flying and the Joy of Sex via a radio hour on a private network. RICE distributes receivers to blind residents and the FCC allows the non-broadcast station to air the material.
Washington AP Democrats seek to curb credential challenges and floor fights at next year’s nominating convention in New York City. The DNC executive committee tentatively approves rules to limit minority reports, with 25 percent support needed. Eleven other measures aim to balance committees and prevent slates aligning with specific candidates.
The IRS investigated claims Nixon deposited millions overseas in Swiss banks but found no substantiating evidence. A Dallas Morning News copyright piece said the case was sent to Washington for a decision to close it out. An informant produced photocopies of alleged 1969 deposits totaling 5 920 000 dollars into numbered Swiss accounts.
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