Stakes run high at Camp David summit
Editorial argues Camp David talks force all three key players Egypt's Sadat Israel's Begin and U S President Carter to manage vast risks. Failure could discredit Sadat policy threaten Begin's power and stain Carter's credibility while Jordan and Saudi Arabia back the talks. Odds favor some outcome despite deep differences. The piece warns none can afford failure for themselves or the world.
MENTIONED IN THIS ARTICLE
Camp David
Sadat
Jerusalem
Israel
Mideast
Begin
Jimmy Carter
United States
America
Jordan
Saudi Arabia
Egypt
David
Reinvestment gains traction with stockholders
American companies and investors increasingly embrace the dividend reinvestment plan. AT&T reports 1 billion dollars raised in 1976 77 with a projected 686 million this year. Plans offer lower brokerage costs and sometimes a 5 percent price discount.
MENTIONED IN THIS ARTICLE
Chet
NEW York
American Telephone & Telegraph
Robert Ferris
Georgeson & Co
America
Ferris
Robert S. Salomon Jr
Salomon Brothers
This Day in History August 23 1978 Highlights
On August 23 1978 events and birthdays are noted with historical milestones. Columbus faced accusation and arrest in 1500. 1775 protests marked by open rebellion. 1869 church charter in Lynn Massachusetts. 1914 Japan allied with WWI Germany. 1944 Marseille fell to Allies. 1947 Margaret Truman performed publicly. 1967 France aids Quebec. 1978 overview recalls strikes and policy shifts. birthdays include Gene Kelly and Tex Williams. thought cites Aldous Huxley.
MENTIONED IN THIS ARTICLE
Associated Press
Christopher Columbus
Haiti
Spain
George III
England
Mary Baker Eddy
Lynn
Mass
Church of Christ, Scientist
Japan
Germany
France
Marseille
Hollywood Bowl
Harry Truman
Margaret
Quebec
Canada
Czechoslovakia
Ludvik Svoboda
Moscow
Henry Kissinger
U.S
Congress
Carter
South Africa
United States
Gene Kelly
Tex Williams
Carter seeks to deflect inflation by targeting white collar pay rises
The Carter administration attacks a Labor Department plan to raise white collar minimums by 45 to 47 percent, while ignoring larger inflationary levers. Officials argue such boosts affect few workers and fear political backlash from labor, as hourly rates and Social Security tax hikes loom larger.
MENTIONED IN THIS ARTICLE
Washington
NEA
Carter
Labor Department
Congress
Secretary of Labor
Labor
Ray Marshall
White House
George Meany
Navy fleet vulnerable despite sheer size and firepower
A Washington column argues the U S Navy fleet is structurally fragile with weak electrical and sensor systems. It cites missiles, shocks, and poor shielding, noting old ships and ill-trained crews. Classified reports accuse Pentagon brass of knowing these flaws for years and delaying upgrades.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
U.S
Queeg
Pentagon
Navy
USS Worden
Gulf of Tonkin
Congress
Peter Grant
General Accounting Office
GAO
James Holloway III
Senate
Also Mentioned on This Page
Pecos Enterprise de
Ken Dulaney
PAL
Gare Alb
Howard Jarvis
Texas
By Gill Fox
Aldous Huxley
Almanac
Nelson A. Rockefeller
Ima
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