Cardinals Begin Conclave At St Peter's Basilica
Cardinals of the Roman Catholic Church prayed for guidance as they opened a conclave in St. Peter's Basilica to elect a new pope for the second time in less than two months.
14 Oct 1978
Page 1
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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 14, 1978
Page
1
Cardinals of the Roman Catholic Church prayed for guidance as they opened a conclave in St. Peter's Basilica to elect a new pope for the second time in less than two months.
The Federal Reserve raised its bank discount rate to 8.5 percent, its highest ever, with a sixth increase this year signaling further loan rate rises across business and consumer sectors. Prime lending rates also climbed to 10 percent as banks tighten credit amid inflation concerns.
A jury of eight men and four women convicted Valdik Enger and Rudolf Chernyayev of conspiring to obtain secret defense data and deliver it to the Soviet government. Zinyakin, briefly named as an unindicted co conspirator, fled the country after arrest. Judge Lacey noted overwhelming evidence and suggested possible other espionage activity by the Soviets.
Congressional negotiators race to resolve a $29.3 billion Senate tax cut and a $16.3 billion House version amid Carter objections to capital gains relief and a private school tuition split. A public session is planned to gauge progress as energy, labor, and foreign aid bills move separately.
Agriculture Department economist Howard W. Hijort warned food prices may climb 6 to 11 percent in 1979 if drought or bad weather hits farmers. He noted overall inflation suggests a 4 to 5 percent rise in food costs, with current retail food prices up about 10 percent this year and 6.3 percent last year.
U S automakers report 271 685 cars sold from October 1 to October 10 setting an early October record and surpassing the 1978 start by 1.6 percent while breaking a record that had stood since 1972 in Detroit AP.
Defense lawyers filed a notice of appeal after a jury convicted Tommy Lee Hines, 26, described as mentally retarded, of raping a 21 year old railway clerk. Judge Jack Riley gave a 30 year sentence as civil rights tensions and Klan protests accompanied the trial.
Clearing skies lead to cool conditions tonight with temperatures dipping into the low 30s. Sunday remains partly cloudy and cool with a high near 50. Monday to Wednesday showers possible, with highs in the upper 50s to low 60s and lows in the 30s to low 40s.
Superior Court Judge Ralph Moody ruled Friday night that the primaries were sloppily conducted and ordered a new election at the earliest practicable date. Hammond defeated Hickel by 98 votes in the Aug 22 GOP primary while Croft beat Merdes by 260 votes in the Democratic race. Hickel and Merdes had filed suits alleging faulty procedures. appeals were filed with the state Supreme Court as oral arguments were set for Tuesday. Hickel said he would begin campaigning immediately.
Rep. Edward Roybal, Charles Wilson, and John McFall faced House reprimands after ties to South Korean rice dealer Tongsun Park. Roybal framed the outcome as a victory for civil rights, while Wilson and McFall faced charges over unreported or misrepresented Park contributions.
Secretary of State Cyrus Vance says Egypt and Israel may wrap up their historic peace treaty by November 19, the first anniversary of Anwar Sadat's Jerusalem visit. He noted ongoing talks paused for the Jewish Sabbath and planned resumed sessions, as Egyptian officials Kamal Hassan Ali and Boutrous Ghali traveled to Cleveland to confer with King Khaled.
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