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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Mar 07, 1981
Page
1
Twelve year old Willy Gandy of Monahans earned a prize at the 42nd Ward County Livestock Show held at the Ward County Coliseum this week. His ribbon carried special significance for his family and fellow 4-H members among hundreds of participants.
Down to two Texas teams, Texas and Houston, upset 15th ranked Arkansas and ended TCU's Cinderella run in the Southwest Conference tournament semifinals. The Longhorns and Cougars meet tonight to decide the conference NCAA berth.
President Reagan announced plans to trim non defense federal employment by 63,100 over two years and cut $1.3 billion from payroll. The package targets Veterans Administration, water projects, tobacco subsidies, and 91 Vietnam veteran counseling centers. Stockman aides said further water project reductions are planned for fiscal 1982.
The Reagan administration aims to end federal natural gas price controls soon to push gas toward oil pricing, potentially raising consumer heating costs though Congress must decide on most deregulation. Officials cite 1978 law moving prices to oil levels, while critics warn prices could spike from $1.55 to as high as $7.50 per 1,000 cubic feet.
The United States filed a formal diplomatic protest after Mozambique expelled four U S embassy officials and alleged one was recruited to spy for Cuba. The four and two spouses left Mozambique within 48 hours amid arrests and threats, as Arthur Zimmerman of General Tire was also reportedly detained.
Consumers increased installment debt for the sixth straight month in January, borrowing about $869 million more on credit. The report notes FHA loan ceilings rising to 14 percent for single-family and 14 percent for multi-family loans, with higher rates tied to rising overall lending costs.
Geneva AP report quotes Michael Novak saying reform requires different remedies for different nations and circumstances. He notes mixed evidence that public condemnation helps and cites Chile and Argentina’s gains then plateau, while Chile should avoid further public scrutiny.
Burglars broke into Our Lady Of Redemption Church in Detroit stealing a Persian rug and a gold inlaid mosaic crucifix. The major loss is a wood relic believed to be the cross fragment from Jesus. Parishioners and Father George Raishi fear desecration as thieves may not grasp its value.
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