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Odessa American in Odessa, Texas

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Oct 16, 1978

Page

1

Koreagate probe concludes no senator wired by South Korean money

The Senate Ethics Committee reports no senator was found to be influenced by South Korean funds. It says up to three senators or aides may have violated laws by accepting money from a lobbyist tied to Tongsun Park, with Birch Bayh under scrutiny for possible conduct on federal property. Humphrey’s campaign allegedly broke reporting rules, but he did not know of the money. McClellan is noted in the incomplete segment.

Washington Senate Ethics Committee Justice Department Sen Birch Bayh D-Ind Tongsun Park Capitol Bayh Hubert H. Humphrey Park Humphrey John L. McClellan Jason Berman Berman Merrigan Anne Howard California

Fire Claims Three Lives in Atlanta High-Rise

An early morning blaze on the ninth floor of the 22 story Atlanta Towers left three people dead. A blind man, Richard Lee, died of smoke inhalation after helping his roommate escape. A man and woman who were visiting Lee jumped from a ninth floor window. two elderly residents were hospitalized for smoke inhalation. Fire officials cited intense heat and said rescue attempts failed for the jumpers.

Atlanta Atlanta Towers Hood Lee Larry Renew Ralph David Reisman James McCormick

Nobel Prize Goes to American Economist Herbert Simon

Stockholm awards Herbert A. Simon the Nobel Prize in Economic Science for pioneering work on decision making in economic organizations. The Carnegie Mellon professor, 62, notes he developed theories accounting for limited information and calculation ability, with broad impact across business and social sciences.

Stockholm Sweden Herbert Simon Swedish Academy of Sciences Carnegie-Mellon University Pittsburgh Simon Milwaukee Carnegie-Mellon

Polish cardinal elected new pope John Paul II in Rome

Polish Cardinal Karol Wojtyla, archbishop of Krakow, was elected pope by 111 cardinal-electors, becoming the first non Italian leader in 455 years. He took the name John Paul II, born May 18, 1920, and faced a church with ties to Poland’s communist government. The conclave’s ballots produced white smoke signaling the official election at 6:18 p.m. local time.

Vatican City Karol Wojtyla John Paul Wojtyla Krakow St. Peter Rome Sistine Chapel Vatican Radio Wadowice Poland Paul VI Vatican Angelicum College Adrian VI St. Peter's Square John Paul I

Carter lauds 95th Congress as it ends

President Carter called the final two year Congress courageous and constructive after the 95th Congress passed the $18.7 billion tax cut package. Treasury Secretary Blumenthal hailed the bill as close to the president's targets while domestic adviser Ejizenstat warned progress needed further analysis ahead of signing.

Washington Carter Treasury W. Michael Blumenthal Stuart Ejizenstat Congress House Senate Conference Committee Coughlin 95Th Congress White House

Energy bill nears final approval and fight over its scope

The energy bill awaits President Carter's signature after Congress passed a compromise design to ease price controls on natural gas, offer home insulation and solar credits, tax fuel-wasting cars, and set standards for appliances. The plan aims to shift from oil to coal and fund conservation while phasing out decorative gas lamps by 1982, sparking debate on its true costs.

Carter Congress

Income tax cuts move toward Carter with inflation offset concerns

Congress passed a 18.7 billion measure to cut individual taxes by about 12.7 billion in 1979 and reduce business taxes by 3.6 billion while cutting capital gains taxes by 2.1 billion. A four person, 20 thousand dollar family would save 167 but incur 235 in higher Social Security withholding and bracket creep. Senate approved 72 3 to 38 House 337 38. Carter’s stance awaiting White House decision.

Washington Carter Congress Senate House Treasury Russell B. Long D-La William V. Roth R-Del Across-The Board

Also Mentioned on This Page

Mutsu Sasebo Harbor Japan Koreagate Probe Jack Hood Jim Reed J. E. Hendrix Fulton County Coroner’s Office Richard Lee State Agriculture Department Ray Gossett Gossett Isaac Bashevis Singer Daniel Nathans Hamilton C. Smith Johns Hopkins University Baltimore Werner Arber University of Basel John Paul II John Brademas Indiana Camp David, Md Energy James R. Schlesinger Schlesinger Capitol Hill Department of Energy Thomas Ashley Dohio Laurence Quipster Business Review Seyeeneenee Abby Peeevene Financial News Sherer Reseeeteee Opinion Anue Crean Renee Society Ccrn WORRY
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