Senate approves plan to merge seven bankrupt railroads
The Senate approved a plan to merge seven bankrupt lines into a new system with government backing, loan guarantees, and 558.5 million in grants. A new United States Railway Assny would plan and finance the overhaul, with Congress aiming to cut 7 000 to 11 000 miles of line and maintain vital routes via federal matching funds. Creditors receive stock in Consolidated Railway Corp while staff with over five years seniority get lifetime salary protection until rehiring or retirement.
MENTIONED IN THIS ARTICLE
Washington
UPI
Senate
Nixon
The
United States Railway Assny
Penn Central
Erie Lackawanna
Chicago
New York
Boston & Maine
New England
Lehigh Valley
Buffalo
Reading
Pennsylvania
Jersey Central
New Jersey
Ann Arbor
Michigan
Consolidated Railway Corp
House
White House
Department of Health, Education and Welfare
Howard Hughes
Bahamas
Weather forecast for Orange Sullivan and Ulster counties
Cloudy and windy today with a chance of snow flurries. Highs reach the upper teens to low 20s, tonight partly cloudy with teens lows. Sunday will turn increasingly cloudy with highs in the 20s to around 30, 40 percent precipitation today and 10 percent tonight. Winds NW 15 to 29 mph. Next week shows showers Monday, clearing Tuesday, possible snow or rain Wednesday with highs mid to upper 30s and overnight lows mainly in the 20s. Middletown rainfall to date 52.35 inches, Monticello 60.26 inches. EPA pollution watch line provided.
MENTIONED IN THIS ARTICLE
Orange
Sullivan
Ulster
Middletown
Monticello
Orange County Publication Rates And Circulation Note
Publication detail from Ottaway Newspapers daily edition outlining home delivery rate 51.05 per week and single copy price 15 cents plus Sunday Record 30 cents. Mentions circulation and mailing postage at Middletown office.
MENTIONED IN THIS ARTICLE
Orange County Publications Division
Ottaway Newspapers
Mulberry St
Middletown
American asks for thermostat to save energy
A Washington resident wrote to energy chief William E. Simon requesting a thermostat to lower his heating. He explained he lacks a thermostat at home and prefers using one to avoid chopping wood for the fireplace, expressing willingness to cooperate with the government.
MENTIONED IN THIS ARTICLE
Washington
UPI
William E. Simon
Bethlehem readies for Christmas amid war scar
Workmen finish a wooden stage in Bethlehem's Manger Square for Christmas Eve. Officials say war dampens tourism with about 5,000 expected visitors versus 10,000 in peaceful years. South African visitors toured the Church of the Nativity as preparations continue.
MENTIONED IN THIS ARTICLE
Bethlehem
UPI
Manger Square
Christ
Jordan
Jesus
Mary
Joseph
Also Mentioned on This Page
Pollution Watch
New York-New Jersey
Environmental Protection Agency
Gerald M. Hansler
EPA
Federal Plaza
N.Y
eFr
Yist
Rae
Newburgh
Port Jervis
Y Amusement
Mereis Reccowmrzd
U.S
Beirut
NYT
Rome
Israel
al Nahar
Suez Canal
West Bank
Pan American World Airways
Lufthansa
Athens
Kuwait
United States
Freeport
Britain
London
Hughes
Law
Nicaragua
Xanadu Princess Hotel
Leicester Square
Charing Cross Railway Station
National Liberal Club
Whitehall
Pastoria
St. Martin's Street
Charing Cross
Whitehall Place
Paris
UPL
Dinh Ba Thi
la Celle Saint Cloud Chateau
Nguyen Xuan Phong
Belfast
Newry
TRA
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