Editorial on US Postal Service profit and British system contrast
Editorial argues the USPS shows a bookkeeping surplus helped by a $920 million federal subsidy, masking underlying taxpayer support and potential service cuts. It compares to Britain's mixed results and private delivery moves, noting reliance on electronics for future efficiency amid subsidy politics.
MENTIONED IN THIS ARTICLE
U.S. Postal Service
Asaxpayers
Treasury
London
Atlantic
United States
U.S
Postal Service
Congress
Treasury secretary asks higher debt limit
Treasury secretary G William Miller asks Congress to raise the federal debt ceiling by 56 billion to 886 billion. Analysts note debt growth persists despite rhetoric and inter est payments could reach 57 billion, nearly the 1940 national debt. Inflation and inflated GNP figures skew growth, complicating a quick solution. Raising the limit appears the only viable option to avoid payment delays.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
G. William Miller
Congress
Treasury
Miller
Mt. Etna
Tax Foundation
Foundation
Uncle Sam
Today in History Sept 20 1979 highlights and events
On this date in history notable events include Magellan’s voyage beginning in 1519, Salamis naval victory in 480 B C, Port Royal massacre in 1565, Chester Arthur’s oath in 1881, a 1938 New Jersey New England hurricane, Concorde first U S landing in 1973, and Vietnam’s UN admission in 1977. Also noted are past disasters and leadership changes with birthdays and a thought for today. Department store share trends are discussed with the rise from 26 percent in 1956 to over 44 percent by 1976 in general merchandise and related sales.
MENTIONED IN THIS ARTICLE
Associated Press
Ferdinand Magellan
Spain
Indies
B.C
Salamis
Aegean Sea
Port Royal
Fla
Chester Arthur
United States
James Garfield
New Jersey
New York
New England
U.S
Dallas-Fort Worth
Vietnam
United Nations
South Vietnam
Honduras
South Africa
John Vorster
Sophia Loren
James Galanos
Abraham Lincoln
Conference Board
Coffee cartel blamed for high prices across markets
Washington columnist Jack Anderson reports on a confidential congressional study accusing coffee growing nations of price rigging, forming the Bogota Group mini OPEC to keep coffee costs high for American consumers. The piece also notes condo conversion fears in mobile home parks and Joseph Califano’s abrupt HEW exit leaving a publicity log.
MENTIONED IN THIS ARTICLE
Jack Anderson
Washington
Max Baucus
D-Mont
Brazil
U.S
Gary Cohn
Board Room Bandidos
Bogota
Colombia
Juan Valdez
Juan Valdezes
Bogota Group
Rancho Murieta
Mobile Village
Sacramento
Calif
Joseph Califano
Department of Health, Education and Welfare
Patricia Harris
Califano
HEW
Joe
Keep the feds out! Battle over a national Department of Education
Washington debate pits local control against a proposed federal Department of Education led by John Ryer of the NEA. Proponents argue for a one third federal share, while opponents warn of a centralized bureaucracy eroding local school governance and funding decisions.
MENTIONED IN THIS ARTICLE
Washington
NEA
John Ryer
National Education Association
Department of Education
Ryor
Gaul
Congress
Department of Health, Education and Welfare
Ayer
Also Mentioned on This Page
Elmer Staats
J.S. Patent Office
Merry
Feds
Conference Committee
Martha Angle and
Robert Walters
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