Son of Proposition 13 Taxflation in the US ballot
Editorial notes that Proposition 4 in California mirrors Proposition 13 by tying future tax increases to inflation and population shifts. It places this reform alongside other states pursuing tax limits, as spending authority shifts toward statutory or referendum controls. Yet history warns tax revolts rise and fall while the tax collector persists.
MENTIONED IN THIS ARTICLE
California
Washington State
Florida
Massachusetts
Montana
Nebraska
Oregon
Rhode Island
South Carolina
Utah
National Tax Limitation Committee
Thieves' harbor risk grows as boat thefts surge
The report notes a sharp rise in boat thefts from 5,000 yearly in 1973 to 14,500 in 1978 per FBI NCIC data and cites conservative estimates of 90,000 boats worth millions unreported. Owners are urged to remove keys, strengthen moorings, and mark boats to deter theft amid fuel shortages.
MENTIONED IN THIS ARTICLE
Jimmy Carter
Mississippi
FBI
National Crime Information Center
Journal of Insurance
Seven Treaties Define the U S Canada Border
The border results from no fewer than seven treaties. Negotiators of the 1782 Treaty of Paris used a map drafted 27 years earlier, whose inaccuracies raised boundary questions unresolved until the 1925 treaty.
MENTIONED IN THIS ARTICLE
United States
Canada
Mississippi diversifies beyond King Cotton driving growth
Mississippi shifts from a single crop economy to a balanced mix of industry. Key gains come from lumber, furniture and paper, food processing, apparel, chemicals, electronics and machinery, reflecting broad industrial expansion across the state.
MENTIONED IN THIS ARTICLE
Mississippi
Fed Tightens Policy Sparks 14.5 Percent Prime Rise
AP analysis explains how U.S. debt fueled spending faces restraint as the Federal Reserve hikes the discount rate to 12 percent and imposes an 8 percent higher reserve. Banks react by lifting the prime rate to 14.5 percent, signaling tighter credit and a shift in lending psychology.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Federal Reserve Board
U.S
Fed
Federal Reserve
Federal Reserve Bank
On This Day In History 1811 Steam Ferry Began Service
Highlights include the 1811 steam ferry by John Stevens between New York City and Hoboken, the 1779 Pulaski death at Savannah, the 1932 first US political telecast, the 1962 Vatican II opening, and notes on Mao’s gang of four, Shermarke’s assassination, Watergate trial, plus birthdays and Lincoln quotes.
MENTIONED IN THIS ARTICLE
Associated Press
John Stevens
New York City
Hoboken
Casimir Pulaski
Savannah
Thomas Foison
Congress
Democratic National Committee
New York
United States
John XXIII
National Guard
Panama
Arnulfo Arias
Panama Canal Zone
China
Mao Tse-tung
Somalia
Abdirashid Ali Shermarke
Washington
Senate Appropriations Committee
Carter
Jerome Robbins
Joseph Alsop
Abraham Lincoln
Vesco Libyans and Carter kin swirl in far reaching plot
Washington lore ties financier Robert Vesco to Muammar Qaddafi with possible arms and oil deals, implicating Billy Carter and White House figures. The probe may go to a grand jury in November as investigators review bribe schemes, foreign agent questions, and taped FBI conversations.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Justice Department
Robert Vesco
Muammar Qaddafi
Carter
Billy
White House
Hamilton Jordan
John White
New York Times
Vesco
Qaddafi
Libya
Georgia
Jerry Dorminey
Albany, Ga
Dean Oil Company
Securities and Exchange Commission
Bahamas
Dorminey
Billy Carter
Atlanta
Mario Lianza
Lianza
Carter Camp
Spencer Lee IV
Richard Harden
Lee
Harden
United States
Iee Corporation
U.S
FBI
Mansur Rashid Kikhia
United Nations
White
Carter's unsolid South in Kennedy bid for renomination
The South shows weakened Carter appeal among Democrats and leaders while Kennedy gains traction. Governors express mixed support and openness to a Carter Kennedy primary, with Louisiana and other Southern states viewed as potential strong Kennedy regions amid poll signals a regional shift.
MENTIONED IN THIS ARTICLE
New Orleans
Nea
Carter
Edward M. Kennedy
D-Mass
South
Kennedy
Southern Governors’ Association
Kentucky
Julian M. Carroll
Carroll
Ted Kennedy
Oklahoma
George Nigh
Arkansas
Bill Clinton
Florida
D. Robert Graham
Louisiana
Edwin W. Edwards
California
Edmund G
Jerry) Brown Jr
Gallup
Northeast
Gerald R. Ford
Ronald W. Reagan
Darden Research Corp
Claibourne Darden
Darden
Also Mentioned on This Page
Proposition
Thieves’ Harbor
EIN
Rocky Mtn. News
By Roger Bollen
Americas
Africa
Merry
Martha Angle and
Robert Walters
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