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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jun 24, 1975
Page
1
The forecast shows showers, warm humid air, and a 50 percent rain chance tonight and tomorrow with variable winds. A retrospective section recalls North Korea’s 1950 invasion, the UN response, and the three year war with high casualties and homelessness.
Elyrians face delays as Amtrak plans for an Elyria station stall while costs rise from 73000 to 200000 for a platform. Officials cite tight budgets and Penn Central’s fate, with a decision expected after Amtrak board talks. Abe Assily of The Travelmart plans staff if a stop proceeds.
President Ford plans to veto the Democratic housing bill today while offering a new plan. He would subsidize mortgage rates for about $10 billion in new mortgages and announce an additional $2 million in housing subsidies using existing authority. The administration cites inflation and cost concerns and aims to prevent foreclosures for unemployed homeowners via a potential guaranteed mortgage window. The White House work on final details and the veto message continues amid congressional pressure.
A bipartisan group led by Sen. James L. Buckley and Rep. Robert Michel introduced legislation to sharply cut food stamp eligibility while boosting benefits for remaining recipients by 29 percent. The plan targets loopholes allowing high income use and limits student participation, with $2 billion in projected savings from a $6.6 billion budget next fiscal year.
Ivy Baker Priest former U S treasurer during the Eisenhower era died in Santa Monica California at age 69 after a cancer battle She helped secure the 1952 GOP nomination for Eisenhower signed 62 8 billion in federal funds as treasurer from 1953 to 1960 and was a longtime Republican activist and California state treasurer through the 1960s and 1970s.
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