Maryland House stalls mortgage points debate in 1974 session
The Maryland House blocked Senate amendments to a mortgage bill that would let lenders charge up to three points on loans with under ten percent down. Opponents say higher costs hurt low income buyers. supporters argue points are needed for small residential loans. Industry reps warn Maryland's 8 percent cap has limited mortgage money in many areas.
MENTIONED IN THIS ARTICLE
Maryland
Teasure
House of Delegates
Senate
Marvin Mandel
General Assembly
Campaign Reform Bill Nears Final Passage
Maryland House backed reform measures clearing Senate hurdle with 10-0 committee vote. Bills would cap campaign spending, offer partial public funding from 1978 and disqualify bribery offenders from public contracts. Gov Mandel administration push amid kickback scandals shapes final rounds.
MENTIONED IN THIS ARTICLE
Annapolis
House
Senate
Maryland General Assembly
Senate Judicial Proceedings Committee
Maryland
Marvin Mandel
Spiro Agnew
Baltimore County
Dale Anderson
French surgeons unveil portable artificial gut device
Two French surgeons report a portable artificial intestine that supplies long term nourishment for patients unable to eat. The horseshoe shaped device, dubbed the artificial gut, can be used at home and worn outdoors under clothing.
MENTIONED IN THIS ARTICLE
Chicago
House Passes Utility Bill After Signals Debate
In Maryland the House approved a utilities favored bill by a 100 to 7 vote amid heated debate on underground line liability. Amendments sought by Democrats Hines Wright and others would require utility maps and impose penalties on contractors for digging damage. Transportation Secretary Harry Hughes admitted aides had not yet read the bill.
MENTIONED IN THIS ARTICLE
Ann Apis
Dunebell
Onille Wright
Manland House
House
Senate
Chase
William J. Goodman
Prince Georges
Sspati
Washington Area
Metro
Baltimore
Hines Wright
Dell
Charles Dector
Raffin Maddux
Montgomery County
Tone
Seus Mel
Wright
Arnick
John Ar
Armick
Zeus
Amick
Marvin Mandel
State Transportation Department
Transportation
Harry Hughes
Nixon Agrees To Pay Full Tax Not Gifts
President Nixon will pay about 465000 in back taxes and interest from his own savings. White House officials said donations offered to help with the tax would be refused or returned, and IRS noted gifts could be taxed differently. Vice President Ford called the move a sign of good faith and did not expect political backlash.
MENTIONED IN THIS ARTICLE
Washington
Sapr
Nixon
White House
Ronald L. Ziegler
Tiegler Nixon
Paris
Georges Pompidou
Florida
L. E
Tommy” Thomas
Whitesburg
Chicago
W. Clement Stone
Internal Revenue Service
IRS
Gerald R. Ford
Colorado
Ford
Edward Nixon Testifies In Mitchell Stans Trial
Edward Nixon, the president’s brother, opens defense case in the Mitchell Stans trial. He testifies Vesco made a secret $200000 cash contribution to Nixon’s 1972 reelection, allegedly to keep the transaction anonymous. Prosecutors say Stans and Mitchell sought Vesco help with the SEC fraud probe.
MENTIONED IN THIS ARTICLE
Edward Nixon
Mitchell-Stans
New York
Nixon
Atty
John N. Mitchell
Commerce
Maurice H. Stans
Edward C. Nixon
Vesco
Mitchell
Stans
Bal
SEC
Jean Edward Nixon
Washington
Shervin Markman
Markman
Hogan and Hartson
Court Awards Stewardesses Equal Pay
Northwest Airlines was ordered by U S District Judge Aubrey Robinson to repay salary and interest to stewardesses paid less than men for the same work. The ruling, tied to violations of the Equal Pay Act and Civil Rights Act, also refunded travel and housing inequities dating back to 1965. The decision could set a precedent for similar cases, though the number of affected stewardesses and total funds were not immediately known.
MENTIONED IN THIS ARTICLE
Washington
Northwest Airlines
Aubrey Robinson
Northwest
Robinson
Ship Master Pilot Guilty In Collision
The Yorkmar master Benjamin Edelheit and pilot John Sudling were found negligent for a 1973 collision with the Summit Delaware Canal rail bridge. Licenses suspended six months immediate, pilot’s certificate six months more on probation. Decision by federal admin law judge March 26, publicized by Richard K. Gould.
MENTIONED IN THIS ARTICLE
Baltimore
Chesapeake and Delaware Canal
Summit
Del
Coast Guard
Richard K. Gould
Benjamin Edelheit
John Sudling
Mormon Conference Elects Kimball Church Head
Salt Lake City AP reports Spencer W. Kimball was sustained as the LDS Church's 12th president in a solemn assembly at the Mormon Tabernacle before about 8,000 people, marking the first formal sustaining vote since Harold B. Lee's death. The three day 144th Annual General Conference continues with other general authorities facing votes.
MENTIONED IN THIS ARTICLE
Salt Lake City
Spencer W. Kimball
Church of Jesus Christ of Latter-day Saints
Mormon
Kimball
Mormon Tabernacle
Harold B. Lee
Temple Square
Malpractice Insurance Rates Hiked Across Maryland
Baltimore report notes St Paul Companies seek a 24 percent increase in malpractice insurance after a 48 percent rise earlier. High risk urban doctors face about 33 374 annual premiums. lowest risk general practitioners see urban rises to 535 and rural to 462. Spokesman Weaverly G. Smith cites easier filing, inflation and larger jury verdicts as drivers.
MENTIONED IN THIS ARTICLE
Baltimore
Mornland
Yale Yale
Cvcording
St. Paul
Iigh
State Medical Society
Maryland
Weaverly G. Smith
Transcript delays Ehrlichman trial postponement
Los Angeles AP reports former presidential adviser John D. Ehrlichman received a postponement in his perjury trial due to delays in transcripts from Watergate grand jury proceedings.
MENTIONED IN THIS ARTICLE
Los Angeles
John D. Ehrlichman
Busy Marine Blacksmith Keeps A Chesapeake Trade Alive
CRISFIELD Md AP a busy marine blacksmith shop lingers in a historic harbor as Jack Swift and David tank keep the trade. The shop forges clam rakes oyster tongs and anchors using old methods powered by electricity and steam updated gear. Locals gather around the coal stove while strangers learn the craft and buy gear, a winter gathering and summer curiosity in a town of fishermen and seafaring tradition. Dewey Landlon, a longtime waterman, is known as Crisfield’s storyteller, lead weights at his corner, and a fixture in the shop.
MENTIONED IN THIS ARTICLE
Crisfield
Forse
Breckonstine
Jack Mo
David 1
Jack Swift Ald
Chesapeake Bay
Levi
David Tank
New England
Delaware
Maryland
Florida
Swift
Daisy
Jack
Dewey Landlon
Dewey's Corner
Steinbrenner Plans Defense Against Campaign Charges
George M. Steinbrenner and American Ship Building Co. face 15 counts including conspiracy and illegal campaign contributions to Nixon and others. The 43 year old NY Yankees owner denies guilt and says he will fight the charges as the indictment details disguised bonuses repaid to employees and pressure to lie to the FBI.
MENTIONED IN THIS ARTICLE
Cleveland, Ohio
George M. Steinbrenner SE
American Ship Building Co
Nixon
New York Yankees
Steinbrenner
Nixon Committee
Charles A. Mosher
Rohio
Frank T. Bow
Ohio
Vance Hartke
Daniel K. Inouye
Hawaii
National Democratic Congress
Thal
Senate
House
Amship
FBI
High Interest Rates Touch Off New Scare
New York based news reports warn that rising interest rates threaten corporate treasuries and the securities industry. James Needham of the NYSE cites 1985 capital needs of about 3.3 million, with equity financing as essential amid high debt. Critics including John Wright argue the Fed’s tight money policy risks a June money crunch, potentially harming business, markets, and tax revenues. Wright favors lower withholding tax on foreign earnings and incentives to reinvest in the U.S. to expand capital.
MENTIONED IN THIS ARTICLE
New York
Oir
James Needham
New York Stock Exchange
Ind
Needham
Exchange
Federal Reserve
Fed
John Wright
Wright
Arthur Barns
Aiong
Also Mentioned on This Page
Postal Service
Postal Services
Frank P. Contey
Ama
Adnee
Saum
Danter
Madden
F. Donald Nixon
Robert L. Vesco
Securities and Exchange Commission
Mormon Conference
Kimball Church
Ehrlichman
America
Tai Ay
U.S
Burns
Vest
United State
Audit Bureau of Circulations
ABC
The
Frederick
Audh Bureau of Circulations
Bureau of Standards
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