Chrysler loan gamble under government guarantee urged
Public opinion weighs the $1.5 billion loan from American and European banks with a U.S. guarantee as Chrysler faces $4.4 billion in debts. Illinois jobs, dealerships, and suppliers would suffer large losses if the automaker collapses, while critics note industry lessons and the need to compete with European and Japanese rivals. The piece asserts cautious optimism, predicting outcomes hinge on new models this fall and tighter finances.
MENTIONED IN THIS ARTICLE
Chrysler
Sam
Illinois
Belvidere
Horizon
Allen Industries Inc
Herrin
Asto
Detroit Arsenal
Lockheed Aircraft Corp
Lockheed
America
Free desk space row fuels debate in Chicago press access
The Chicago Tribune clash with Mayor Jane Byrne over City Hall desk space spotlights a broader fight over public information access. Critics say officials must not bar reporters or provide special treatment, urging journalists to pay for workspace and utilities used to serve the public.
MENTIONED IN THIS ARTICLE
Chicago
Jane Byrne
Chicago Tribune
City Hall
Richard Daley
Byrne
Petronius
Tribune
Illinois
State Capitol
Springfield
Ncee
The
Yakima Faces a Blackened Dawn and a United Response
In Yakima on May 18 a sudden ash cloud from the Cascades blanketed the city turning it into a cocoon. Some weeks later residents, aided by vigilante and community efforts, cleared six hundred thousand tons of gritty ash from roofs, gutters, and streets while reflecting on human behavior under sudden catastrophe.
MENTIONED IN THIS ARTICLE
Yakima
Cascade Mountains
United States
Cascades
Neibors
Insurance claims loom after Mount St Helens eruption
Insurance experts warn hundreds of millions to billions may be paid out as claims flood in. Washington officials, led by Insurance Commissioner Richard Marquardt, anticipate many lawsuits amid policy ambiguities and evolving coverage for volcanic damage across homeowners auto and business policies. Redrawn property lines and altered landmarks could trigger prolonged disputes in Washington courts.
MENTIONED IN THIS ARTICLE
Robert J. Wagman
Newspaper Enterprise Assn
Mount St. Helens
Richard Marquardt
State of Washington
Olympia
Marquardt
Washington
Donald Yocom
Safco
Northwest
Spokane
Washington State
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Studebaker
Packard
Kaiser-Fraser and
Tucker
Volkswagen
Henry Ford
Detroit
U.S
Ford
American Motors
By Jim Goznia
Pacific News Service
Yakima, Wash
Mike Clinton
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