New Fed Boss Must Clear The Air Of Uncertainty
The article profiles Arthur Burns and Textron’s G William Miller as the incoming Federal Reserve Board chairman candidates, noting Burns’s inflation focus and Miller’s business background. It discusses uncertainty about monetary policy, the Fed’s power, and reactions from business and labor leaders amid inflation, unemployment, and a weak stock market.
MENTIONED IN THIS ARTICLE
Fed
New York
Federal Reserve Board
Arthur Burns
William Miller
Textron Inc
White House
Burns
J. Edgar Hoover
FBI
Henry Kissinger
State Department
Carter
Congress
Coal Strike Slashes U S Coal Output 75 Percent
United Mine Workers strike sharply cut national coal production on Dec 15 with only 803 411 tons from 1 314 mines, about 25 percent of average. Six of 1 800 UMW mines operated mostly in the west. non UMW mines also reduced. Picketing, threats, and a fire damage estimated at 20 000 accompanied the stoppage as talks continued in Washington.
MENTIONED IN THIS ARTICLE
Martha Bryson Hodel
Associated Press
United Mine Workers Union
Lawrence Frey
Federal Energy Department
UMW
Kentucky
Maryland
Virginia
West Virginia
Ohio
Frey
Federal Mining Enforcement and Safety Administration
Washington
Bituminous Coal Operators Association
Henderson
Ilinois Central Gulf Railroad
Area Water Pacts Okayed
The Kansas Board of Water Resources approved 40 year contracts with Lawrence Baldwin City and three Douglas County rural districts to sell 4.16 billion gallons annually from Clinton Reservoir. Prices run about 6.626 cents per 1,000 gallons with reviews every decade. 365 million gallons yearly for Lawrence and 340 million for Baldwin City, plus 50 72 and 48 million gallons for RWDs 1 4 and 5 respectively. Water may begin flowing after the city’s treatment plant completion next September.
MENTIONED IN THIS ARTICLE
Topeka
Kan
State Board of Water Resources
Douglas County
Clinton
Lawrence
James A. Power Jr
Baldwin City
Water Resources Board
Kansas Gas & Electric Co
Wichita
John Redmond
Burlington
Power
Wellsville
Franklin County
Douglas County Rural Water District
RWD
Federal
Kansas Patrol: Most drunk drivers in 1977 are young men
Kansas Highway Patrol reports for the first ten months of 1977 show that the majority of persons arrested for drunk driving are men under 30. The AP notes 95 percent of those arrested were male.
MENTIONED IN THIS ARTICLE
Peka, Kan
Kansas
Kansas Highway Patrol
Allen C. Rush
Rush
Kansas Turnpike
State Wheat Farmers Poised At Their Plows
Kansas farmers consider plowing a portion of planted wheat to push up futures in a bid to reduce future grain supply. Kansas advocates say a measured 5 percent plow up now could lead to later reductions. banker acceptance remains a hurdle for some.
MENTIONED IN THIS ARTICLE
Carolyn Olson Harris
Kansas
Texas
Colorado
Jim Kramer
Kramer
Hugoton
Midwest
Bill Wilkerson
Plains
Kan
Gene Short
Kansas University
Middle East religious events dominate year in review
New York AP notes the year’s top religious event was Jewish and Moslem leaders’ peace outreach in the Middle East, echoed by Christians. It cites ecumenical and political implications, alongside other major religious stories of 1977.
MENTIONED IN THIS ARTICLE
New York
Middle East
Ecumenical
Christian Century
Sadat
Begin
Episcopal Church
Also Mentioned on This Page
George Meany
Afl-Cio
Meany
Kraner
Mideast
Galveston
Farmers Export Co
James Phelps
Federal Grain Inspection Service
al Sylvester
Sylvester
Phelps
Inspection Service
Anita Bryant
Dade County
Fla
Africa
Ethiopia
Congo
Uganda
Kansas City
Northern Ireland
Peace People’s
Jcpenney
Ottawa
Underwood’s Income Tax Service