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News in Frederick, Maryland

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Nov 01, 1975

Page

1

Frederick HUD grant input sought at City Hall meeting

Public input is invited at City Hall next Tuesday on how to use a second HUD Block Grant of 250 000 for Frederick. The hearing follows a 199 000 grant this summer for housing in South Market Street and aims to fund housing rehabilitation rather than beautification.

Frederick Frederick City Frederick County Department of Housing and Urban Development South Market Street William duBell Winchester Hall City Hall duBell Sterling Bollinger NAACP Lord Nickens Nickens Bollinger

Bank charter center of Mandel probe expands to finance

Grand jury inquiry into Gov. Mandel and associates shifts to banking records tied to the Francis Scott Key Bank and Trust Co in Frederick. Subpoenaed documents reportedly cover ownership links with Tidewater Insurance and Hess, plus connections to Cory and Laurel lawyer activity.

William L. Wilson Albert E Clarke U.S. Atty. Jervis Finney Wilson Francis Scott Key Bank and Trust Co Frederick George Delaplaine W. Dale Hess Tidewater Insurance Associates Inc Delaplaine Hess Mandel Harry W. Rodgers III Tidewater Frederick News-Post Hess and Tidewater Laurel, Md Ernest N. Cory Jr Cory Gary Mandel Hess and state Senate Wilson Mandel and George H. Hocker Tidewater Insurance Associates, Inc Donald E. Webster Henry L. Rocklin Jr William H. Landon Laurel Marlboro Race Track Rodgers Frederick bank

House Defeats NOW Accounts Expansion Vote

The House rejected extending an experimental program allowing banks to pay interest on NOW checking accounts by a 218 to 134 vote. The measure would have widened NOW accounts beyond New Hampshire and Massachusetts, despite support from consumer advocates and opposition from banks. A separate section would require annual disclosure of mortgage money investments to expose redlining patterns, while local fire and gas incident details are also noted.

WASHINGTON House American Banking Association New Hampshire Massachusetts Fernand J. St Germain D-R.1 John Rousselot R-Calif St Germain Rousselot

Kissinger claims presidents approved all covert operations

Secretary of State Kissinger told the House intelligence committee that during his 1969 to 1974 tenure every covert CIA program received final presidential approval. He denied having final say, insisting presidents personally approved all covert operations and rejected plausible deniability. The panel weighing contempt steps over a dismissed memo faced a partisan split after questioning.

WASHINGTON Henry A. Kissinger U.S Kissinger House intelligence committee Cyprus Nixon

Discovery of new galaxy announced

A galaxy discovery is announced in this issue. The report highlights the identification of a new galaxy and notes its significance in astronomical research.

Palestinian guerrillas join Lebanese battle in Beirut fighting

In downtown Beirut heavy house to house fighting intensified as Phalangists claim 5000 Syrian based PLA fighters massed at Sad Nayel camp and Yarmouk brigade units approach Beirut. Mortar gun battles spill into Zahle as Lebanese army deploys and aerial threats loom. Casualties include 24 dead and 31 wounded.

BEIRUT Lebanon Syria Phalange party Palestine Liberation Army PLA Sad Nayel Bekaa Yarmouk Zahle Saigea Damascus Lebanese Defense Ministry Amal

Congress Looks to Back NYC With 7 Billion Loan Guarantee

House Banking Committee chair Rep. Henry S. Reuss says the panel will approve a bill to back up to 7 billion in federal loans for New York City over veto threats from President Ford. The measure would place NYC fiscal oversight under a federal panel and faces GOP opposition. The other issue notes a national energy bill nearing final passage and a battle over court-ordered busing for desegregation tied to fuel conservation, with House conferees striking antibusing language.

WASHINGTON House Banking Committee New York City Henry S. Reuss D-Wis New York Banking Committee Ford subcommittee on economic stabilization Congress Senate House

Child care benefits added to forthcoming tax bill

The House Ways and Means Committee approved a 20 percent tax credit for all working parents, up to 400 dollars for one child and 800 dollars for two or more. The plan expands benefits beyond income level, with a Treasury cost of 307 million dollars versus 117 million under a prior 15 percent version. Amendments begin Tuesday as final votes loom the week of November 9.

WASHINGTON House Ways and Means Committee Treasury Ways and Means Al Ullman D-Ore

Maryland National Bank Names Three Assistants VPs in West Md

Maryland National Bank announces three promotions in its Western Maryland region. Paul E. Smith of Frederick, Edgar R. Brownlow of Monocacy Village, and Glenn E. Stanley of Hagerstown are appointed assistant vice presidents. Smith, a Libertytown native, joined Western Maryland Trust in 1951 and rose through Maryland National after the merger in 1968.

Maryland National Bank Maryland Frederick Paul E. Smith Edgar R. Brownlow Monocacy Village Glenn E. Stanley Hagerstown Libertytown Paul Smith Western Maryland Trust Company Maryland National Western Maryland Trust Maryland Natonal Frederick County Mental Health Association Frederick County

Also Mentioned on This Page

DEBORAH DEASY Grand Juryeyes FSK bank charter BALTIMORE Marvin Mandel Rollie Atkinson Catoctin Mountains High Knob Middletown W. Main Street Ward 200 Fort Detrick Inside The News EGYPT Israel Thomas Jefferson NYC loans Senate Stanley, Brownlow, Smith
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