House approves large Social Security tax increase plan
The House backed a major Social Security tax rise with a staged earnings limit relief for retirees aged 65 to 72 reaching 4000 next year and 9000 in 1980. Critics warned of windfalls for high earners while proponents said retirees must work to maintain living standards amid unchanged benefits for others. The second amendment preserves public employee and lawmaker exemptions, and the tax remains 5.85 percent with a 965 maximum at 16500 wages.
MENTIONED IN THIS ARTICLE
William Ketchum
R-Calif
House
County Eyes New Building Site Across From Jail
The 2nd county building plan moves forward with potential sites including the old Lorain County Jail on Middle Avenue and county land at Murray Ridge and Infirmary roads. Commissioner Jeresmo Keran favors Murray Ridge Road as the future focal point, noting a grant proposal of 350000 to study the project and to house disaster services and welfare departments under one roof.
MENTIONED IN THIS ARTICLE
Lorain County
Middle Avenue
Murray Ridge
Infirmary Roads
Elyria
Murray Radge Road
Jeresmo Keran
Keran
Keron
Disaster Services
Murray Ridge Road
Miss America 1978 criticizes public ignorance over pageant
Susan Perkins, Miss America 1978, says anti-pageant sentiment stems from ignorance about pageant operations and its goals. She points to the pageant as the nation's largest scholarship program for women, noting earnings and opportunities for contestants.
MENTIONED IN THIS ARTICLE
Middletown
UPL
Susan Perkins
Sam
Sirica rises through boxing and law to the federal bench
The text follows Sirica from early attempts at Georgetown studies and boxing in Miami through legal apprenticeship, a trial career in Washington, and ascent to the federal court in 1957. It notes family influence, stubborn persistence, and political connections shaping his path from aspiring prizefighter to judge.
MENTIONED IN THIS ARTICLE
Sirica
Georgetown
Miami
YMCA
Washington
Jack Dempsey
U.S
Hogan and Hartson
Sirton
Eisenhower
Merger discussed for Brook Park trade center plans
Gov. James Rhodes said merger talks are under way between Ohio World Trade Center plans and The Park Corp of Charleston. The Park Corp aims to finish a trade mart near Hopkins Airport by next June with 350000 visitors annually. Officials expect thousands of jobs and substantial tax revenue if a joint facility with the World Trade Center proceeds.
MENTIONED IN THIS ARTICLE
Brook Park Mart
West Virginia
Brook Park
James Rhodes
Rhodes
Park Corp
Charleston
W. Va
General Assembly
Cleveland
Park Corp. Trade Mart
Hopkins International Airport
Ohio
World Trade Center
House
Ways and Means
Angelo Wedo
Wede
Lance Johnson
Council of
Trade Mart
Israel lifts currency controls moving toward free market
Israel announced a major policy shift lifting government currency control and all foreign currency restrictions for travellers and investors. Finance Minister Simha Ehrlich said the move aims to make Israel a regional financial center under the Likud government. He cautioned inflation may rise and noted new subsidies cuts on basics plus a gasoline price jump to 2.38 per gallon, signaling inflation near last year’s 38 percent level.
MENTIONED IN THIS ARTICLE
Jerusalem
Israel
Simha Bhruch
Likud
Ehrlich
Opening Wall Street Oct 28 1972 No 301 Second Class
fragmentary press item lists date October 28 1972 and issue number 301 with Mol prieges and Eberts sum 42043. mentions Sunday publication, Currier debuted, Hy Mbulin and Loy POO, Ely read, and Cheveland T3731 in a damaged Lorain County priming page.
MENTIONED IN THIS ARTICLE
Mol Prieges
Wathoried At Eberts
Lily
Lorain County
Currier
Ely
Liratn
Cheveland
Economy index shows modest rise in September
The leading indicators index edged up three tenths of a percent in September, the third straight monthly gain, signaling the economy may be emerging from summer weakness. August’s data was revised up to a 1.4 percent jump, aided by larger gains in business formation and expansion signals. President Carter weighs tax cuts to spur growth and jobs.
MENTIONED IN THIS ARTICLE
Washington
Carter
Commerce Department
Nordson union OKs 3-year pact
Nordson Corp workers approve a three year contract by a two to one margin through Local 1802 of the IAMAW. The pact raises two cents an hour annually with COLA, adds a dental package in year three, increases fire insurance to 11000, raises short term disability pay to 100 105 and 110 weekly across years, and preserves existing COLA. Nordson and union leaders praise bargaining. Amherst’s largest employer, with about 300 staff, credits the agreement to good faith talks.
MENTIONED IN THIS ARTICLE
Nordson Corp
Nordson
Stan Lewis
Abraham Lincoln Tostio
International Union Lodge
Dave Elkins
Irwin Dolski
William Schoppenhorst
Amherst
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BrishCal Tel Il-Lo
HawkerSidd Grp
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S&l & Crs
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x-Afnrd
Sph
Consol Foods
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Craig Corp
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Allied Chem
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