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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Jul 12, 1978
Page
10
On the West Coast a Kaiser Aluminum and Chemical Corp program named IRIS educates wives about their husbands’ work, company products, and social role. Wives receive financial statements and internal publications, may tour facilities, and can take speech training for broader community roles.
Senate Minority Leader Howard Baker Jr. raises substantial funds for his Tennessee re election campaign with support from high profile GOP backers. Major donors include J Willard Marriott Henry Salvatori Anna Chenault Maurice Stans Frederick B Dent John Volpe C Douglas Dillon and John A McCone signaling potential future influence.
Inflation may push prices higher for decades, turning many into millionaires but eroding real purchasing power. With 7.2 percent growth, prices could double in 10 years, hitting homes, education, autos, and meals while insurance payouts stay in old dollars and taxes rise on appreciated assets.
On this day in history July 12 many events are listed from 100 B C to recent years including Caesar birth, Hamilton death, Thoreau birth, Aga Khan accession, Nixon hospital visit, Naples riot, records destruction, and Carter nuclear policy. Notable birthdays include Milton Berle and Buckminster Fuller. Thought for today cites Cervantes.
Washington columnist details CIA involvement training Ugandan police and intelligence agents at a Georgetown academy run under cover by USAID, with secret officers, post graduate ties, and later roles in Amin's regime. It notes casualties, witness accounts, and a Carter Country anecdote about a Georgia warden and hunting license.
The Pecos Savings and Loan Association, founded by W.H. Holcombe Keith Camp Dr. E.W. Schmidt Charley Travis Norman Eisenwine Leonard Grogan and Paul Dowling in November 1956, began with less than 300000 in capital and no depositors. It opened a permanent home in 1960 and expanded again in 1973 as it grew through changes in leadership and staff. The organization aimed to provide long term home financing to complement local banks.
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