Inflation Wage and Price Limits Detailed by Carter Admin
The Carter administration outlined wage and price limits under its inflation program. A 7 percent annual cap applies to pay increases and fringe benefits, with exemptions for overtime and certain cost components. Prices are held 0.5 percent below the prior year's increases, with exceptions where costs rise sharply. The plan is voluntary but subject to sanctions on noncompliant firms and unions. Separately, New York stocks fell as rates rose, with the Dow Jones average dropping to 801.46 at midday after a brief earlier rally.
MENTIONED IN THIS ARTICLE
Carter
New York
Waymire's Food Mart to close after closeout sale
Waymire's Food Mart at 117 North Main announces a closeout sale starting Wednesday as owner Don Waymire says inflation rising costs and declining volume leave no future for the business. He plans to empty the store, remove fixtures, and explore a use for the building, a venture begun in 1953 by O W Waymire and later joined by Don.
MENTIONED IN THIS ARTICLE
Waymire
North Main
Don Waymire
Don
O.W. Waymire
Topeka Engineer Challenges Schools to Help LD Children
Stanley Thompson, a Topeka engineer who overcame a learning disability, urged American schools to stop ignoring LD children and to place them into productive roles. Speaking at Ottawa Kansas Association for Children with Learning Disabilities, he urged early identification, taped textbooks, and trade-school options as alternatives to traditional reading focused curricula.
MENTIONED IN THIS ARTICLE
Harris Rayl
Stanley Thompson
Topeka
Thompson
Ottawa
Kansas Association For Children With
First Baptist Church
Menninger Clinic
Menninger
Kansas State University
AFL-CIO Rebukes Carter Plan for Inflation Controls
The AFL-CIO rejected President Carter’s voluntary anti inflation program as unfair to workers and urged Congress to impose mandatory controls. It called for a special session to regulate wages prices rents dividends profit margins and interest rates, arguing voluntary guidelines fail to ensure equity. The group noted mandatory controls last used by Nixon in 1971 and said Carter would only favor such steps in a national emergency.
MENTIONED IN THIS ARTICLE
Washington
Afl-Cio
Carter
Congress
Labor Federation
Richard M. Nixon
Upswing in Three Way Talks Aims to End Palestinian Linkage
Peace talks among Egypt Israel and the United States resumed with three way sessions at Blair House after a week of ups and downs. Israel favors minimal West Bank references while Egypt seeks strong linkage to the Palestinian issue. Dayan remains hopeful for a prompt agreement despite lingering disputes.
MENTIONED IN THIS ARTICLE
Washington
Mideast
Egypt
Israel
State Department
Blair House
United States
West
Jordan River
West Bank
Moshe Dayan
Dayan
Cyrus R. Vance
U.S
Kansas AG race turns into bare knuckle campaign battle
In Topeka the attorney general contest heats up as incumbent Curt Schneider and challenger Bob Stephan trade charges. Schneider accuses Stephan of favoritism toward a heroin offender and cites reversals in Stephan's court rulings, while Stephan defends his record and accuses Schneider of misusing office and misrepresenting his own conduct.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
Curt Schneider
Bob Stephan
Stephan
Schneider
State Supreme Court
High Court
Senate
Marshall Barber
Barber
Judicial Ethics Commission
Also Mentioned on This Page
Ed Spigle
Daryl
Spigle
Mike Gullett
OHS
Guru
Rizzo
Topeka Engineer
Rubs Carter
Boutrous Ghali
Vance
Ghali
Kamal Hassan Ali
Cairo
Anwar Sadat
George Sherman
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