Private enterprise endures despite Soviet controls
Richard L. Lesher argues Soviet attempts to suppress private enterprise fail as underground markets flourish. Konstantin Simis details a vast hidden economy in the USSR and warns of similar tax-driven evasion in the United States. He cites a 27 percent GDP estimate for off the books activity and links it to high marginal tax rates and heavy regulation.
MENTIONED IN THIS ARTICLE
Konstantin Simis
Moscow
Soviet Union
Fortune Magazine
Simis
IRS
Mount Airy couple pushes recycling center plan
Mary Helen Williams and Richard Winter seek failing Mount Airy site for a newspaper and aluminum can recycling center. They would place a bin in a visible lot, with monthly pickup by Silver Spring Recycling Center, while facing local skepticism from businesses and residents.
MENTIONED IN THIS ARTICLE
Mary Williams
Richard Winter
Mount Airy
Winter
Frederick
Williams
Silver Spring Recycling Center
Garden State Publishing Co
Boy Scouts
Foodrite Store
Farmers and Mechanics National Bank
DeLaine Hobbs
Exxon Strikes Out in Baltimore Canyon Drilling
Exxon Corp reports its 21st dry hole in the Baltimore Canyon Trough off the mid-Atlantic coast marking a pause in exploration after a three year run. The Alaskan Star drilled 2 15,205 feet about 100 miles east of Atlantic City with no commercial gas or oil found and will move to a new test well near Hyannis Mass.
MENTIONED IN THIS ARTICLE
Atlantic City
N.J
Exxon Corp
Baltimore Canyon
mid-Atlantic
Exxon
Star
Exxon Exploration
Harry D. Martin
Alaskan Star
Narragansett Bay
Rhode Island
Georges Bank
Massachusetts
Martin
Interior Department
Mobil Oil Corp
Tenneco Inc
Shell Oil Co
Hyannis
Mass
Glomar Pacific
Exxco
Texaco Inc
Tenneco
New Jersey
Icluding Mobil
Shell
U.S. Bureau of Land Management
Assateague Island
Insurance helps firms guard against theft and fraud
American firms suffer burglaries embezzlement and robberies with over a million burglaries and about 200000 business robberies reported. The National Crime Prevention Coalition urges crime prevention and reviewing insurance coverage including burglary robbery fidelity bonds and bank bonds. Obtain brochures from the Insurance Information Institute for risk management and business insurance.
MENTIONED IN THIS ARTICLE
National
Insurance Information Institute
Vermont Ave
Washington, D.C
State offers 8% mortgages to middle income buyers
The Maryland Department of Economic and Community Development raffles 8 percent mortgages on a limited basis. A Frederick County family of three earning up to 28 300 may borrow up to 48 500. The department has 4.55 million for the Aug 13 drawing. Applications from Maryland Home Financing Program, 1910 Forest Drive, Annapolis. Frederick applicants at Winchester Hall Frederick, Md 21701, or call 634-1061.
MENTIONED IN THIS ARTICLE
Department of Economic and Community Development
Frederick County
Maryland
Forest Drive
Annapolis
Frederick
Economic and Community Development Commission
Winchester Hall
Also Mentioned on This Page
Richard L. Lesher
U.S. Chamber of Commerce
Reagan
By Gail Cissna
Carroll County
Sears-O-Pedic
Tater Een
P King
Geeonss
Fiagus Cormette Tepe Derk
BetaVison
Contemporary Beacon
Atry
Canyon
Jonathan 5
Stansbury ST
Laurel
Price Distillery RD
Clarksburg
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