Senate ponders billion bailout for ailing firms
The Senate reviews a $1 billion tax bailout for struggling corporations including Chrysler Lockheed Pan American World Airways and smaller firms. If enacted the measure would allow loss carrybacks to offset past profits, reversing a House defeat. Observers see potential Senate support though no formal backing yet.
MENTIONED IN THIS ARTICLE
Senate
Washington
House
Chrysler
Lockheed Aircraft Corp
Pan American World Airways
Stuart G. Tipton
Pan American
Tipton
Pan Am
Lockheed
Ways and Means Committee
Future Oklahoma female police chiefs face male opposition
Janie Trueblood and Marilyn Sue Hefner seek police chief badges in Hartshorne and Wagoner Oklahoma, leaving jobs as a short order cook and forklift operator. They say their main hurdle is persuading several male opponents and voters they mean business, aiming to become Oklahoma's first female police chiefs.
MENTIONED IN THIS ARTICLE
Janie Trueblood
Marilyn Sue Hefner
Mrs. Trueblood
Hartshorne
Okla
Miss Hefner
Wagoner
Oklahoma
UPI
Grand jury to probe Cuyahoga jail abuses
A Cuyahoga County grand jury will investigate conditions in the county jail after a defendant claimed sexual assault. The judge ordered the probe, citing reports of abuse of prisoners, often young and physically weak. Sheriff Kreiger was unavailable. jail staff said a physical exam showed inmate-on-inmate beating but no sexual assault.
MENTIONED IN THIS ARTICLE
Cleveland
Cuyahoga County
Cuyahoga County Common Pleas
Bernard Friedman
Friedman
Ralph B. Kreiger
Humphrey to pay back taxes on disallowed deduction
Senate figure Hubert H. Humphrey agreed to pay back taxes plus 6 percent interest on a $199,153 deduction for donating vice presidential papers to the Minnesota Historical Society. IRS disallowed the deduction due to public access restrictions, though the gift value was not questioned. The audit covers 1969 to 1972 tax years with $200,991 paid in taxes claimed to accompany the deduction.
MENTIONED IN THIS ARTICLE
Minneapolis, Minn
Hubert H. Humphrey
Internal Revenue Service
Minnesota Democrat
Minnesota Historical Society
Humphrey
IRS
David Gartner
Joe A. Walters
the Historical Society
Walters
Cleveland
Ralph J. Perk
Diego
Senate
Thon
June
Royal Inn
Wharf
Perk
Richard M Nixon
Tipngl
Nixon
Fire damages home in Elyria on Berkshire Road
A fire caused by a short in an electrical cord damaged the second floor of Carl R Baker’s home at 419 Berkshire Rd Elyria. The blaze began in a north bedroom and burned for about an hour and 15 minutes. No injuries reported. Cat died in smoke and damage totaled around 3000 dollars. Firemen contained the fire with contents affected.
MENTIONED IN THIS ARTICLE
Carl R House
Baker Home
Berkshire Rd
de Utes
Ohio vets receive 129 million in pending bonus payments
Ohio Vietnam Veterans Bonus Commission Director Randall W. Sweeney reported more than 129 million disbursed to veterans and next of kin since the program opened nine months ago. Over 327,000 claims have been paid, with about 1,500 new claims weekly. most are processed daily though some are delayed for verification. Eligible veterans including active duty and retirees are urged to submit claims if not yet filed.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Vietnam Veterans Bonus Commission
Randall W. Sweeney
Commission
Sweeney
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