Editorials on the elusive goal of full employment
The 1946 pledge to promote maximum employment produced few jobs and left timing and methods unclear. The current Humphrey Hawkins bill aims to cut unemployment to 4 percent by 1983 but offers flexible goals. The piece argues true full employment requires a healthy economy, controlled inflation, and prudent fiscal policy rather than expansive make work programs.
MENTIONED IN THIS ARTICLE
Congress
Truman
George H. Bender
Ohio
Carter
Hubert H. Humphrey
D-Minn
Augustus Hawkins
Calif
Humphrey-Hawkins
Small print risks capital loss on preferred stocks
AP Business analyses warn that many preferred stocks, especially utility issues with high guaranteed dividends, can be called in at prices below current values. Rochester Gas & Electric 11 percent prefs were recalled despite investor expectations of 1985, as issuers refinance with junior securities to cut financing costs.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Wall Street
Paine Webber
Ferreds
Rochester Gas & Electric
Long Island Lighting
Duquesne Light
Northern Indiana Public Service
Potomac Electric Power
This Day in History December 7 1977
On December 7 1977 the Associated Press recaps events from 1941 Pearl Harbor attacks to 1976 notable dates. Highlights include Pearl Harbor began in 1941 Mary Queen of Scots born 1542 Delaware ratified the Constitution 1787 and more.
MENTIONED IN THIS ARTICLE
Associated Press
Japan
Pearl Harbor
Philippines
Singapore
Guam
Wake Island
Thailand
Malaya
Mary Queen of Scots
Delaware
U.S
James Madison
Martin van Buren
United States
Mars
New York
United Nations
Ferdinand Marcos
Manila
Kurt Waldheim
Just Musin The Judge Drane Papers And Speeches Series
Charismatic judge J A Drane is revisited through papers donated by Bobby Bell. The feature previews excerpts from his speeches and cost notes from a 1930 campaign, revealing frugal expenditures and personal quirks including wardrobe and doodling. The piece recalls a 1931 Knights of Pythias banquet and Drane’s reflections on the Machine Age and Southern life.
MENTIONED IN THIS ARTICLE
J.A. Drane
Judge Drane
Bobby Bell
Judge
Ward County Journal
Monahans
Crane
Wink
Knights of Pythias
Lodge
Thomason
Max Krauskopf
Cap Wilson
Joe Breedlove
George Landrum
Ed Clayton
Max
Pecos
John Brocat
John
Navy boot camp abuse sparks plea bargains and coverups
Washington column reports widespread Navy misconduct including a San Diego commander who demanded nude photos, assaulted recruits, and kept a scrapbook of images. Navy officials admit dropping charges and granting undesirable discharges to avoid publicity, with limited accountability for officers.
MENTIONED IN THIS ARTICLE
Jack Anderson
Les Whitten
Washington
Navy
Pentagon
San Diego
Great Lakes
Ill
Bert Lance
White House
Carter
Lance
Georgia Tech
Plains
California
Jerry Brown
Brown
U.S
Tel Aviv
Jerusalem
Leonel Castillo
Immigration Service
Castillo
FBI
St. Mary’s University
San Antonio
Tex
Also Mentioned on This Page
Guy Botwain
Musin
By Alton Hughes
Drane
South
Molly Bailey
Ringling Brothers Circus
Amos and Andy
Charles Dickens
Mark Twain
Bill Nye
Sonny Boy
Pecos Enterprise
Ken Dulaney
Merry
The
Conference Board
Eastern
Europe
Soviet Union
China
U.S.S.R