Carey aims to fund New York City via new municipal corporation
Gov. Carey proposes a nine member municipal assistance corporation to borrow money with state backing and loan to New York City. The plan, to be presented to the legislature, would let the city issue bonds then receive funds while lawmakers decide if other cities may join. Carey says it could save NYC $200 to $400 million in debt service and lift investor confidence, while noting potential impact on city budgeting and accounting reforms.
MENTIONED IN THIS ARTICLE
Albany
N.Y
New York City
New York
Carey
Abe Beame
City workers file for seniority as mass layoffs loom
Hundreds of employes checked into the city personnel department to assert seniority rights while officials plan to issue 16 000 dismissal notices by week’s end. The layoffs fall within a broader plan to cut more than 37,000 jobs by July 1 under Beame’s crisis budget. Beame cited the need for a $641 million aid and tax revenue influx to avert layoffs. Alphonse D Ambrose said over 1 200 workers were screened over the weekend to determine seniority.
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New York
UPI
City Personnel Department
Abraham D. Beame
Beame
Alphonse D’ambrose
D’ambrose
Melvin Lechner
Municipal Labor Committee
First National City Bank
China
Ford
Teng
Tung
Chou
Mao
Portugal
U.S. Lisbon
United States
Jorge Correia Jesuino
Jesuino
NATO
Brussels
U.S
Madrid
Spain
Informaciones
Novel vacation idea for couples explored in family living
In today’s family living section a feature considers spending vacations apart from spouses. Fire officials outline safety tips to prevent fires and public awareness efforts span national and local drives. A five year fight over a transmission line in Sullivan and Orange counties nears resolution as opponents present positions.
MENTIONED IN THIS ARTICLE
Sullivan
Orange Counties
Italians celebrate republic anniversary in Rome parade
Italian soldiers led mules carrying weapons through flower strewn streets in Rome on Tuesday to mark the 29th anniversary of Italy becoming a republic. The UPI photo caption notes the celebratory atmosphere and military procession.
MENTIONED IN THIS ARTICLE
Rome
Italy
Republic
UPI
Gromyko presses world disarmament push in campaign speech
Soviet Foreign Minister Andrei Gromyko urged broad world disarmament while admitting the arms race with the West continues. He spoke at a June 15 regional soviets election rally praising the non proliferation treaty and U S agreements to limit strategic arms as steps toward disarmament.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Andrei Gromyko
Gromyko
Soviet Union
United States
Cuba releases three U.S. hijack suspects to FBI custody
Cuba quietly handed three American citizens to Barbados and then to the FBI on aircraft hijacking charges. The move marks the first time Cuba has sent alleged hijackers home since a two year old pact to handle such cases or return suspects for trial. The State Department studies its significance amid talks on easing OAS sanctions dating back to 1964.
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Washington
UPI
Cuba
Barbados
FBI
State Department
United States
Organization of American States
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Abe Beare
Hugh Carey
Assembly
Washingtonville High
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Washingtonville
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Goshen
Goshen High School
Victor Gotbaum
Gotbaum
Albany, N.Y
Niagara Mohawk Power Corp
Public Service Commission
the Times Herald
Tos
Orange County Publications Division
Ottaway Newspapers, Inc
Mulberry St
Middletown
Index Amusement
Porter Jack Anderson
Rolling Stone
Buckley
Heloise Safire Business
Landers
Metro News
Thesteson
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