Editorial: Rescuing the small saver in banking reforms
The piece argues for phasing out interest-rate ceilings on consumer deposits under Carter’s plan. It notes current limits shortchange savers, favor big earners, and asks for gradual change to protect depositors, mortgage money, and the economy while aiding the elderly and small savers. Lincoln would approve such a move.
MENTIONED IN THIS ARTICLE
Suitabe
Abraham Lincoln
Jimmy Carter
Carter
Treasury
Lincoln
Odds favoring a top company position in the 1970s
AP analyzes how the traditional 30-30 path to the presidency of a company has faded. Prof. Eugene Jennings notes a rise of 30-60 executives in their 30s earning double their ages, with salaries growing from the 1960s onward as top roles open via mobility, retirement shifts, and more profit centers demanding general managers.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Eugene Jennings
Jennings
Michigan State University
Sor
Today in History June 4 1979 highlights global events
On this date Rome fell to Allied forces in 1944 during World War II. Events include Charles I's hostage capture in 1647, Leopold I chosen Belgium's first king in 1831, Cyprus ceded to Britain in 1878, Blum's socialist govt in France in 1936, Peron's 1946 presidency, Kennedy Khrushchev talks in 1961, and notable anniversaries. Birthdays listed for Robert Merrill Dennis Weaver Howard Metzenbaum and Gaylord Nelson.
MENTIONED IN THIS ARTICLE
Associated Press
Rome
England
Charles I
Leopold of
Saxe-Coburg
Belgium
Leopold
Turkey
Mediterranean
Cyprus
France
Leon Blum
Juan Peron
Argentina
John Kennedy
Nikita Khrushchev
Vienna
Cuba
Madrid
India
Bihar
China
Huang Hua
Zaire
Africa
Robert Merrill
Dennis Weaver
Howard Metzenbaum
Ohio
Gaylord Nelson
Wisconsin
Soda lobby battles for antitrust exemp tion in capital
Washington battles over franchise rules in the soft drink industry as Coke Pepsi and Seven Up push for exemptions from antitrust laws. Hearings open on a wide lobbying campaign funded with a million-dollar slush fund while Congress faces a flood of letters, exhibits, and promotional materials. Also cited are wasteful DOT bus repaint plans and an aircraft crew flight with three empty seats, drawing scrutiny of use of public resources.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Coke
Pepsi
Capitol
Federal Trade Commission
National Soft Drink Association
Ordor
Lionesses
Cubs
Congress
FTC
Federal Appeals Court
Senate Judiciary Subcommittee
Soft Drink Association
Congressional
R-Ove
David Carpenter
Senate
House Judiciary Subcommittee
Peter Rodino
D-N.j
Rodino
Justice Department
Department of Transportation
Wright-Patterson Air Force Base
Dayton
Ohio
Air Force
Antonia Chayes
Wright-Patterson
Military Airlift Command
The Western Open Drinking Championship in Pecos lore
Jim Ross recounts Wildie Runnels, a Pecos telegrapher and undefeated local drinking champion from New Boston. The tale spans El Paso Midland and Carlsbad bouts, a collapsing roof, Keeley cure, and Runnels life ending peacefully in 1936.
MENTIONED IN THIS ARTICLE
Jim Ross
Pecos
Texas and Pacific Railroad
Wildie Runnels
Jim
Ross
Mississippi
Texas
Runnels
New Boston
Ethel Woods
Midland
Odessa
Carlsbad
el Paso
Jim Flanagan
Leigh Clark
Tom Hefner
Etienne St. John Bujac
Bill Camp
No. 7
Wildie
Clark
Hefner
Bujac
Mwo
Ince
Keeley
Ethel
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Fort Worth
By Roger Bollen
Wach
Merry
NEA
George
Musin
By Alton Hughes