Seven nation oil import pact limits imports through 1985
President Carter and six partners reached a joint plan to cap oil imports at set ceilings through 1985 amid a new OPEC price surge. They urged rapid energy diversification and reduced consumption as inflation and unemployment loom.
MENTIONED IN THIS ARTICLE
Tokyo
Carter
Organization of Petroleum Exporting Countries
United States
Japan
Canada
France
Germany
Britain
Italy
OPEC
Alfred Kahn
Kahn
Carter reviews oil price talks amid Khadafy vow to cut exports
President Carter left Tokyo for Seoul after a three day state visit as Libyan leader Khadafy threatened to halt oil exports for two to four years. Merrill Lynch economist Albert H Cox Jr warned heating oil costs would rise over 90 dollars annually and general costs increase at least 230 dollars. The summit noted relative moderation by unidentified OPEC nations during deliberations.
MENTIONED IN THIS ARTICLE
Albert H. Cox Jr
Merrill Lynch Economics
OPEC
Muammar Khadafy
Khadafy
Japan
Carter
Seoul
South Korea
Hawaii
Illinois sales tax relief bill clears despite veto threat
The General Assembly approved a 2 billion five year sales tax relief plan to phase out the five percent tax on food and drugs by July 1 1983 despite Gov James Thompson pledging a veto. The measure passed 100 43 in the House with Democratic support and Republican opposition calling it costly and a blueprint for bankruptcy.
MENTIONED IN THIS ARTICLE
Springfield
General Assembly
James R. Thompson
Illinois
Thompson
Clarence Darrow
Rock Island
Darrow
House
Vincent Birchler
Dchester
William Harris
Marion
James Rea
Christopher
Bruce Richmond
Murphysboro
Ralph Dunn
du Quoin
Robert Winchester
Rosidlare
Dunn
Harris
State Department of Revenue
Democratic Party
Donald Totten
Hoffman Estates
Index of Leading Indicators Edges Up After April Drop
The May reading rose 0.4 percent after a 2 percent drop in April, hinting the recession may be easing. The 141.2 index matches July 1978 levels, with revisions showing fewer declines in recent months. Improvements stemmed mainly from a rebound in average work week despite ongoing strikes.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Commerce
Teamsters
United Airlines
Coal executives lobby: regulations hinder cheap coal use
Executives from Consolidation Coal and AMAX Coal told a House panel that government restrictions raise coal costs, with 47 percent of production costs from legislative rules. They criticized the Clean Air Act as excessive, urging reform to reduce prices and boost coal use. The hearing, led by Rep. Paul Simon, also drew National Coal Association president Carl Bagge.
MENTIONED IN THIS ARTICLE
States News Service
Washington
Illinois
House
Walter E. Schragge
Consolidation Coal Company
Schragge
Richard E. Miller
Amax Coal Company
Miller
Consolidation
Coffecen
Norris
du Quoin
Sparta
Cutler
de Soto
Amax
Vermont
Campbell Hill
Marion
Wabash
Keensburg
Paul Simon
D-Carbondale
Energy
James Schlesinger
Carter
Schlesinger
Carl E. Bagge
The
National Coal Association
Fourth of July Editorial Opinions Wanted For Carbondale
Readers are invited to submit editorial opinions on the nation’s strengths and faults as the country marks Independence Day. Editorials must be tasteful and under 500 words. Deadline is July 2. Send to Guest Editorials P.O. Box 2108 Carbondale IL 62901.
MENTIONED IN THIS ARTICLE
P.O. Box
Carbondale
Weather outlook and tax note from state treasury
The National Weather Service forecasts thunderstorms early tonight then clearing with lows in the 60s. Saturday will be mostly sunny and warm with highs in the mid to upper 80s. Sunday stays mostly sunny with a 60s low and 80s to 90s highs. Monday and Tuesday stay sunny and very warm with lows in the 60s and highs in the mid 90s. The State Treasury says no tax increase is needed, per Comptroller Roland Burris.
MENTIONED IN THIS ARTICLE
National Weather Service
Roland Burris
Taming the Killer Cell Cancer Series Concludes
The article notes the renewed lives of cancer victims improved by the concern of millions of volunteers from public and private agencies as the series on Taming the Killer Cell Cancer ends on page 7.
Parks booster Berra retires after decade as Herrin Park chief
John Berra 65 of Herrin ends ten years as superintendent of Herrin City Park. He calls the park the finest with flowers trees ducks peacocks and a 400-child daily pool. The Doughboy statue is the park’s drawing card as locals honor him with a retirement plaque. He worked from dawn Sundays after church and reflects on a life starting as a shoeshine and caddie before long cement work and construction roles.
MENTIONED IN THIS ARTICLE
O. R. Walley
Southern
Park Avenue
Berra
N. 16Th St
Ida
Herrin
John
Also Mentioned on This Page
U.S
CREC
Ecuador
Qatar
Venezuela
United Arab Emirates
Indonesia
Algeria
Libya
Nigeria
Saudi Arabia
Iran
Shah
US. Dept. of Energy
American Petroleum Institute
Airport Authority
Waterloo-Columbia
Southern Illinois
James Thompson
Caren
Dex Amer
Herrin Park
Joe Jines
John Berra
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