Editorials A problem with profits by Don Graff
Corporate profits up more than 26 percent prompt mixed judgments. Good signs of possible relief from recession, yet potential blow to anti inflation efforts as labor fights wage guidelines. Inflation weighting brings real gains, while wage hikes squeeze workers. AFL CIO sues to curb voluntary controls, threatening to shift toward mandatory measures. If prosperity pushes for compulsory limits, the question remains whether that is good or bad.
MENTIONED IN THIS ARTICLE
Don Graff
Commerce Department
Times
Alfred E. Kahn
Court OF Public Opinion
Afl-Cio
George Meany
Sunae
City in default shows signs of new vitality
Cleveland after default shows little change in financial facts yet boasts boosted morale. Mayors and bankers clash while the city faces payroll tax hikes and looming solvency efforts as authorities weigh restoring fiscal order. Cleveland Trust warns taxpayers the burden remains, with debt expectations spanning years.
MENTIONED IN THIS ARTICLE
Steven P. Rosenfeld
Associated Press
Cleveland
Today in History March 28 1979 Highlights
Key events on this date include the end of the Spanish Civil War with Madrid falling to Franco in 1939. Raphael born in Urbino in 1483. Constantinople renamed Istanbul in 1930. British raids on St Nazaire in 1942. Crescent City flood after 1964 quake. Mujibur Rahman detained in East Pakistan in 1971. Protests in Belfast in 1972. Eisenhower death in 1969. France liner retirement announced in 1975. Carter visit to Caracas in 1979.
MENTIONED IN THIS ARTICLE
Associated Press
Madrid
Francisco Franco
Raphael
Urbino
Constantinople
Istanbul
St. Nazaire
Alaska
Crescent City
Calif
East Pakistan
Sheik Mujibur Rahman
Belfast
Northern Ireland
Dwight Eisenhower
Washington
France
Carter
Caracas
Venezuela
Tax Haven on Curacao Draws U.S. Farmland Buyers
A confidential memorandum from a major Willemstad bank touts a sunny climate for foreigners buying U.S. real estate and offshore structures. Another bank highlights tax provisions and treaties fueling offshore investment, with vast U.S. farmland owned by Curacao-based corporations amid a 1955 treaty enabling tax avoidance.
MENTIONED IN THIS ARTICLE
Willemstad
Netherlands Antilles
NEA
United States
Curacao
Internal Revenue Service
Offshore tax loopholes lure U S farmland buyers
Dutch Antilles investors from Munich to Dallas enjoy tax breaks on United States cropland. No U S capital gains or estate tax, offshore holdings exempt from Dutch Antilles taxes, profits taxed at about 3 percent. Netherlands Antilles Economic Mission in Rockefeller Center promotes offshore deals, warning it is not for Americans.
MENTIONED IN THIS ARTICLE
Munich
Madrid
Milan
Denver
Detroit
Dallas
Netherlands Antilles
United States
Manhattan
Rockefeller Center
Justice Department
Washington
Paul G. M.lowenthal
New York
Internal Revenue Service
Fatigue in aviation safety and a looming labor boycott
A Washington column argues FAA fatigue rules are outdated since fatigue factors appear in foreign crash reports. It cites Tenerife 1976 and other accidents, notes pilots and NTSB concerns, and details long duty limits. The piece also covers two unions boycotting Somoza era Nicaragua and shipments via Lanica to Miami.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Federal Aviation Administration
Tenerife
KLM
Pan Am
Pacific
Tahiti
Fleming International
St. Louis
Moira Forbes
Tom Rosenstiel
New
H.L. Reighard
FAA
Stanley Mohler
Civil Aeromedical Research Institute
Mohler
Air Transport Association
Anastasio Somoza
International Longshoremen’s Association
International Association of Machinists and Aerospace Workers
Nicaragua
Lanica
Miami International
Somoza
Internationa’ ~ Monetary Fund
Also Mentioned on This Page
SMR
Telec Edn
Hulme N.E.A
Greater Cleveland
U.S
Dennis L. Kucinich
Cuyahoga County
Ohio General Assembly
Kucinich
M. Brock Weir
Cleveland Trust
James A. Rhodes
CEI
Jimmy Stewart
Perry
Spencer
Caribbean
Bahamas
Cayman Islands
Panama
Martha Angle and
Robert Walters
Merry
By Roger Bollen
NEA, In
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!