The $1 trillion MTN deal faces congressional test
Editorial notes MTN the Multilateral Trade Negotiation pact aims to ease imports and boost exports, arguing freer trade could create more U.S. jobs than it costs. It outlines access to government contracts, a $200 million retraining fund, and a projected $25 billion export market, with final action expected in fall.
MENTIONED IN THIS ARTICLE
Don Graff
MTN
Geneva
Congress
U.S
United States
Robert Strauss
Policy mulls clash with national needs by Cunniff
The piece argues official policy often conflicts with public goals such as reducing debt and boosting savings. It notes low U.S. savings rates, contrasts with higher rates in Germany and Europe, and discusses tax on savings income, proposals to exempt interest, and regulatory changes to savings certificates to curb overbuilding and speculation.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
U.S
Japan
Europe
West Germany
Today in History March 19 1979 highlights and birthdays
AP recalls events on this date including 1920 Senate rejection of the Versailles Treaty and the start of American isolationism, Alaska women’s suffrage in 1917, 1942 draft for non military duty, and 1962 Algeria cease fire. Noting birthdays for Philip Roth and Albert Speer.
MENTIONED IN THIS ARTICLE
Associated Press
U.S. Senate
League of Nations
Massachusetts Colony
Russia
Turkey
Alaska
Algeria
United States
Soviet Union
United Arab Airlines
Aswan
Egypt
Advertising to Children Sparks FTC Hearings Debates
David Hendin reports on FTC hearings about restricting or banning ads to kids. Proposals call for banning all TV ads to very young children and ending ads to 8 to 12 year olds for sugar rich products. Cereal Institute members oppose regulation, arguing industry self control.
MENTIONED IN THIS ARTICLE
David Hendin
Federal Trade Commission
FTC
Cereal Institute
General Foods Corp
General Mills, Inc
Kellogg Company
International Multifoods Corp
Nabisco, Inc
Ralston Purina Company
America
Commentary on TV ads and government regulation for children
The piece argues the core issue is government limits on advertising to children, not free speech. It contends vital questions about protecting kids from mindless junk food and toy messages, criticizes industry rhetoric, and calls for parental and public rights over commercial influence in society.
MENTIONED IN THIS ARTICLE
Cereal Institute
Vance Packard
America
The Social Security disability saga and wasteful payouts
An analysis shows 12.5 billion in disability benefits to 5 million claimants, with judges pressured to speed decisions. Errors cost taxpayers about 56 thousand dollars per erroneous award, while only 2 percent of disabled cases are later dropped. The piece traces back to 1974 reforms, aggressive backlog clearance, and rising appeals that shape judgments. It also notes the Renegotiation Board looming to end, risking 648 million in excess profits lost if not renewed, with potential recovery if extended.
MENTIONED IN THIS ARTICLE
Washington
Social Security Administration
Social Security Trust Fund
Vicki Warren
Congress
Robert Trachtenberg
Trachtenberg
Pentagon
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MR. President
Savings and Loan
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Kidvid Advertising
Jack Anderson
Hine
Merry
By Jack Anderson
Thurston Spencer
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