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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 17, 1982
Page
5
Millions lined up in October to buy All Savers Certificates, but after a $32.6 billion start monthly sales fell to $1.6 billion in February. Fed data show October-March sales at $49.1 billion, far short of forecasts, with economists blaming tax-deferred IRA competition and declining yields.
AP report on Billy Graham defending his Moscow visit and remarks about religious freedom and Armageddon as controversy grows. He says he preached freely, but acknowledges shifts in tone since the Cold War, amid protests outside Wheaton College.
Rep. Barn e Frank calls for congressional investigation into reports that State Department officials secretly smuggled hundreds of Nazi war criminals into the United States in exchange for Soviet intelligence. Loftus described the program on Sixty Minutes, saying over 300 Nazis live in the U S and some work for the government. Authorities said they are reviewing the allegations.
Braniff International executive predicts a grand jury will show American Airlines officials instructed workers to sabotage Braniff’s reservations system. Braniff Vice President Sam Coats claims the alleged actions contributed to Braniff’s demise and that creditors may sue American for antitrust violations. He cites pressure on bankers, travel agents, and agents’ instruction to avoid Braniff for connections.
The Washington Times launches as a five day a week daily in Washington, financed by followers of Rev. Sun Myung Moon. The 20 page news section and tabloid supplement introduce staff and aims with no advertising initially. Editor James Whelan will control content under a five year autonomy commitment.
U S seeks Panamanian consent to arrest five men tied to a mutiny aboard the motor vessel Evergreen after a First Officer, Dajit Suberoi of Jullundur, India, was killed and seven other crew members wounded. FBI and Coast Guard netted 11 agents. two suspects were aboard during the stabbing.
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