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Ottawa Herald in Ottawa, Kansas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Dec 07, 1970

Page

4

US Heads Into Long Cold Winter Bracing for Energy Crisis

The United States faces a prolonged cold winter with potential industry shutdowns and rising fuel and utility prices. Across the East, Tennessee Valley, Midwest, and Northwest, gas and electricity shortages threaten home heating and business expansion while contracts dry up and rates climb. Utilities report dramatic price jumps for coal, oil, and gas, and planners warn of stubborn regulatory and supply problems shaping a nationwide energy squeeze.

Washington United States Tennessee Valley Upper Midwest Far Northwest Associated Press Africa Middle East Caribbean Electric Light Department Braintree Mass Boston Alban G. Spurrell Spurrell Pepples Gas Light and Coke Co Chicago Edward Joyce Consumers Power Co Michigan Jack Dyer Tennessee Valley Authority James Watson TVA Cincinnati Gas and Electric Co Cleveland Electric Dominating Co Watson Far Northwest Bonneville Power Administration Oregon Idaho Montana BPA Columbia River

Factors Cut Loans In Tight Money Era

A recent Agriculture Department report shows direct farm loans down by about one third due to tight money policies and high interest rates. Life insurance, federal land banks, and FHA direct loans fell to $66.5 million in the first half, the lowest since 1962, with rural housing increasing 8 percent to $416 million as insured loans expanded.

Washington Agriculture Department Federal Land Banks Farmers Home Administration Federal FHA The Economic Research Service Federal Land Bank

Officials Back Revised Nixon Revenue Sharing Plan

A coalition of eight state and local government associations endorsed a revised federal revenue sharing plan unveiled by Murray L. Weidenbaum. The revisions aim to boost local funding, expand spending flexibility, and widen distribution options, as Congress debates Nixon’s stalled program and House opposition wanes. Cleveland Mayor Carl Stokes praised the consensus amid prior divisions among officials.

Atlanta Nixon Murray L. Weidenbaum Aasistant Treasury White House National League of Cities Weidenbaum League Congress House Ways and Means Committee Wilbur Mille D-Ark Cleveland Carl Stokes Coalition Stokes

Also Mentioned on This Page

Bernard Goldhammer Los Angeles EPA Floyd L. Goss Ohio Assmer Christian Bros Cadillac Eldorado America Ray Americard Ottawa S. Main Kansas Sanitone West 2Nd West
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