Edwards Pledges Backing for Russell Long
Gov. Edwin Edwards announced he will wholeheartedly support Sen. Russell Long for reelection next year at a Democratic fund raising meeting. He cited Long’s prestige and influence in Washington and said no action by Long would deter his backing. Johnston and the Long camp praised party unity as Louisiana’s delegation collaborates with Rep. David Treen, the lone Republican.
MENTIONED IN THIS ARTICLE
Baton Rouge
Edwin Edwards
Russell Long
Edwards
Democratic Party
Senate
Washington
Long
Sen
J. Bennett Johnston
Huey P. Long
Johnston
David Treen
Congress
Strike Warning Triggers Chrysler UAW Contract Talks
Detroit AP report says Chrysler faces a possible strike in 15 days as UAW negotiates over voluntary overtime and pension costs. William Bavinger and Leonard Woodcock clash over the overtime demand with progress stalled and contracts due September 14.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler Corp
United Auto Workers
Chrysler
UAW
LAW
Leonard Woodcock
William Bavinger
Woodcock
Ford
General Motors
Cadeville Lodge Homecoming With Grand Master Speaking
Cadeville Lodge No. 229 F and AM hosts its annual home coming Saturday at 7 30 p m in the lodge hall Most Worshipful Harris McClamrock Grand Master of Louisiana will be guest speaker A gospel quartet will perform Refreshments will be served Masons their wives and families invited by publici ty chairman Marshall McDonald
MENTIONED IN THIS ARTICLE
Cadeville Lodge No. 229
F & AM
Louisiana
Harris McClamrock
Shreveport
Marshall McDonald
Special Evangel Singers Program At Monroe Church
A special gospel singing program by Evangel Singers of El Dorado Ark will be held at Full Gospel Temple Monroe at 7 30 p m Saturday. The event is free to the public with performances noted in West Monroe Bastrop Jonesboro and nearby areas.
MENTIONED IN THIS ARTICLE
Full Gospel Temple
Ticheli Rd
Charles Blvd
Monroe
Evangel Singers of
el Dorado
Ark
Mary Bryan
West Monroe
Bastrop
Jonesboro
Phase 4 plan limits executive pay raises to five point five percent
Washington AP reports a proposed Cost of Living Council Phase 4 rule could cap top business executive salary increases at 5.5 percent annually, shaping youth inflation controls and corporate pay policies.
MENTIONED IN THIS ARTICLE
Washington
Cost of Living Council
Guideline Shift Aims at Tighter Executive Pay Rules
The council seeks to move from Phase 3 to Phase 4 guidelines to align executive salary increases with wage group rules. Phase 4 allows a 5.5 percent rise for most workers and 0.7 percent for fringe benefits, while Phase 3 set a 5.5 percent cap for executives. The council plans to issue formal regulations after Sept. 17 and will accept comments. Hebert Messer notes the changes could affect a small set of top executives, from three in a small firm to more in larger companies.
MENTIONED IN THIS ARTICLE
Council
Hebert Messer
Regulations target executive pay reporting by auto maker results
A major auto maker faces new rules applying to all firms. Companies with annual revenue over 250 million must report incentive pay and salaries to the government, while firms earning more than 50 million must keep records of these payments.
Firms to form executive group on top executive pay
The report notes all firms would establish an executive control group to monitor bonuses and salaries for top executives. Messer questions potential abuses under the Phase 3 guidelines and says the extent of real abuses remains unclear.
MENTIONED IN THIS ARTICLE
Messer
Also Mentioned on This Page
Cadeville Lodge
Sears
Kenmore
Sears Color TV
Otha
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