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Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Oct 08, 1979
Page
5
Seabrook New Hampshire AP reports two days of demonstrations near the unfinished plant ended with police using tear gas water hoses and dogs to repel up to 1500 protesters. Twenty arrests occurred as demonstrators dismantled fence sections but did not enter the construction zone.
Federal Reserve Board moves to curb credit, raising bank lending rate to 12 percent while warning against tax cuts to spur a sagging economy. Chairman Paul Volcker stresses policy aims to choke speculation and inflation, not halt credit, as dollar value dips and wholesale prices rise.
Aimed at easing poverty and keeping seniors employed, programs like Foster Grandparents and RSVP offer stipends and reimbursements while Peace Corps and SCORE provide overseas and business advisory opportunities. The Senior Community Service Employment Program offers about 15,000 part-time jobs for those 55 and older.
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