Maryland S&Ls bailout sparks protracted political clash
Maryland lawmakers confront a six day session that bailed out Merritt, Chesapeake, and Friendship S&Ls with Chase Manhattan Bank poised to convert them to banks. Governor Hughes awaits bill signing as critics question outcomes, accountability, and potential political impact ahead of the 1886 General Assembly session opening in January.
MENTIONED IN THIS ARTICLE
Maryland
Merritt Commercial Savings and Loan
Chesapeake and Friendship
S&ls
Hughes
House
Benjamin Cardin
Senate
Melvin A. Steinberg
Chase Manhattan Bank
S&l
Chase
Friendship
Chesapeake
Old Court Savings & Loan Association
Merritt
Maryland Savings and Loan Committee
MSLDC
Marie Hoban
Ohio
Cardin
Steven Sachs
U.S. Senate
Maryland General Assembly
Maryland Senate approves Hughes Savings and Loan bailout package
The Maryland Senate capitulated to the Hughes administration and passed the Savings and Loan bailout bill amid late hour wrangling. Supporters praise the rigorous final review and safeguards against profiteers, while acknowledging a roughly twenty million dollar price tag. The plan aims to end depositor distress and stabilize state funds, with Gov. Hughes positioned as the driving force.
MENTIONED IN THIS ARTICLE
Maryland Senate
Hughes
Savings & Loan
Senate
Melvin Steinberg
Evening Sun
Baltimore
Maryland and national efforts on helping the poor and health costs
The Maryland savings and loan crisis spurs a Medicaid linked option to cover medical bills. A national health task force calls for a tax funded subsidy to aid hospitals serving the indigent. The regional NAACP launches a drive to have churches adopt poor Maryland families for housing. World Food Day in Baltimore highlights hunger awareness and outreach. A columnist notes public impatience with poverty amid general moral debate.
MENTIONED IN THIS ARTICLE
Maryland
Johns Hopkins Hospital
Robert M. Heyssel
Heyssel
NAACP
Baltimore
News-American
Letter responds to Harrigan on emotion in policy
A reader rebukes Anthony Harrigan for privileging economics over emotion in policymaking. The letter supports focus on South Africa’s injustice, cites apartheid harms, notes U.S. interests in mineral wealth, and lists conservative opposition. It questions liberal calls for action while urging moral clarity and cautious foreign policy. Also printed is a Maryland public letter urging fiscal restraint and gasoline tax avoidance amid state surpluses, signed by State Senator John N Bambacus.
MENTIONED IN THIS ARTICLE
Anthony Harrigan
U.S
Germany
Harrigan
South Africa
Harry R. Hughes
Allegany County
Maryland Department of Transportation
Hellman
Transportation Trust Fund
Paraguan chemicals raise U.S. drug trafficking fears
U S officials suspect a Paraguayan chemical shipment of 50 000 gallons of diethyl ether acetone and hydrochloric acid could be diverted to cocaine production with a street value near 500 million dollars The chemicals were seized Sept 22 1984 at a Brazen border town and appear bound for Bolivia U S diplomats push Paraguay to destroy or return the chemicals while wary officials flag suspected ties of Paraguayans to the drug trade and potential future shipments via West German firms
MENTIONED IN THIS ARTICLE
Washington
State Department
Bolivia
Donald Goldberg
United States
Paraguay
West Germany
Latin America
Larry Bims
The
Council On Hemispheric Affairs
U.S
Europe
Brazil
Asuncion
Clyde Taylor
Taylor
Department
Bureau of International Narcotics
Order
FBI
Congress
National Republican Congressional Committee
Fernand St Germain
D-R.i
Protests over Broad Run School consolidation reach Baltimore
Yesterday patrons of Broad Run School prepared to take their fight against consolidation with Middletown to Gov. Harry W. Nice in Baltimore. Justice Patrick M. Schnauffer accompanied Eldridge Boyer and Charles Beachley, along with Broad Run trustees Harry Sowers and Rodney Huffer, for the conference and protest effort.
MENTIONED IN THIS ARTICLE
Broad Run
Middletown
Harry W. Nice
Baltimore
Patrick M. Schnauffer
Eldridge Boyer
Charles Beachley
Harry Sowers
Rodney Huffer
Help for teen mood by Dr Wallace in Memphis column
A teen asks about near suicide and adoption burden. Dr Wallace urges seeking help from a trusted adult at school, counselor, nurse, or principal. The column encourages reaching out, writing back, and sharing progress, with contact to Dr Robert Wallace via The Frederick News-Post.
MENTIONED IN THIS ARTICLE
DR. Wallace
Memphis
Tenn
Robert Wallace
Twren
Copley News Service
Frederick News-Post
P.O
Frederick
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Cherles
Rom Mills
State S&is
Ee Ee
Rauindan of
S21 Commant
Bookie Club
Iran
Soviet Union
Martha Polkey
Mountville Road
John N Bambacus
Allegany and
Garrett Counties
Era Ores
Fai Holme
Khrushchev
Jack Anderson
Joseph Spear
House Banking Committee
Florida Savings and Loan
Wall Street Journal
Paul Kirk
E. William Crotty
Florida
Kirk
California
Crotty
United Feature Syndicate Inc
Grafeite
News-Post
Frederick County
Peter Zollinger
Sabillasville
Zollinger
Servilla
Servillasville
Morgan P. Runkles
Knoxville
Potomac River
Damascus
Black Ankle
Edward Hughes
Pleasant Plains of
Kimberly Brown
Tim Hawthorne
Nick Wood
Jim Ecker
Dwight Gorsuch
Skip Isaacs
Candace Gove
David Heim
Dennis Matthews
Barbara Laughlin
Jayne Lecka
Pat Hill
Kenny Barton
Mary Pearce
Susan Plank
Bertha Reese
Virginia Vas Laan
William Moore
Walkersville
Glade Valley Grange
FAA
L Hoke
India
Ezra Grantham Jr
Patsy Stup
Pamela Roderuck
Linda Roderuck
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