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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jan 27, 1978
Page
16
The Agriculture Department reports the average family spent $41 more on domestically produced food in 1977 than 1976. Of the rise, $39 went to processors and middlemen while farmers’ share stayed at 38 percent for another year. The 65 item market basket cost a record $1,936 in 1977, up 2.2 percent from 1976.
The Securities and Exchange Commission outlined its plans to link the nation's six major stock exchanges and the over-the-counter market into a single national market system. The 38 page release presents a tentative timetable for implementation and marks the agency's most definitive statement to date on evolving toward a central market system mandated by Congress in 1975.
Washington AP reports Senate leaders have given up hope of finishing action this week on a measure to overhaul the federal criminal code. The postponement follows a dispute over provisions on distributing obscene materials. Two floor votes defeated amendments by Sen. James B. Allen, who argued the bills would hinder federal prosecutions.
The recall affects about 2,000 Omni and Horizon cars due to backseat carpeting stapled into the gas tank during assembly at the Belvidere plant, causing potential fuel leaks as confirmed by a Chrysler spokesman to the Detroit Free Press. Gen Daniel E. Jr. retires after nearly 35 years of service, beginning with a court martial to fight segregation and ending with full honors at retirement.
Washington saw a different breed of farmer as groups gathered in bars, lobbies, and streets. The activists, many young and wearing farm strike caps, pressed for 100 percent parity prices, staging sit-ins and demonstrations while clashing with a cautious Farm Bureau aligned with establishment agriculture. Roger Menees led talks with Illinois lawmakers, recounting a history of embargo effects and debt as farmers argued for policy change.
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