Banks and TWA refuse extra funding for Lockheed TriStar
Trans World Airlines and two major banks said they will not provide the additional 250 million needed for Lockheed’s 400 passenger TriStar without a government loan guarantee to cover potential losses if the company goes bankrupt. TWA chief Charles C. Tillinghast Jr warned he would cancel orders if Congress does not show progress by August 8, a move that could doom the rescue plan.
MENTIONED IN THIS ARTICLE
Mike Feinsilber
Washington
UPI
Trans World Airlines
Lockheed
C. J. Medberry
California
Bank of America
TWA
Charles C. Tillinghast Jr
Treasury
John B. Connally
Congress
Tillinghast
Serra
TriStar
Yale Commencement Held Amid Strikes and Protests
Yale University awarded more than 2,000 degrees to its first coed class as about 500 protesters faced 45 police officers near the north campus quadrangle. Ten honorary degrees were given including West German Chancellor Willy Brandt. Arrests rose to 15 as demonstrators clashed with officers, while some graduates joined protests in support of striking Yale workers led by Vincent Sirabella. Brandt later spoke at the New Haven Lawn Club about Europe’s need for reduced arms and troops.
MENTIONED IN THIS ARTICLE
New Haven
Yale
New Haven Green
Groppi
Sirabella
New Haven Lawn Club
Brandt
Europe
Taft Hotel
Federation of University Employes
Afl-Cio
Debris spotted in Pacific as C135 vanish mystery deepens
A UPI report says a U.S. Air Force rescue plane spotted debris about Palmyra Island, 700 miles south-southwest of Hawaii, in the area where a C135 with 24 aboard disappeared en route from Pago Pago to Hickam. Officials cannot confirm wreckage, noting a crash beacon was found but not definitively linked.
MENTIONED IN THIS ARTICLE
Honolulu
UPI
Pacific Ocean
Air Force
Palmyra Island
Palmyra
Hawaii
Samoa
Johnston Island
Also Mentioned on This Page
John C. McMickle
Middletown
Theodore C. Sly
Center
Nicholas J. Pizza, Jr
Fourth Ward
City Democrats
Bradley's
Mike Lee
Medberry
Senate
James E. Groppi
Milwaukee
Vincent Strabella
Scout Council
Robert B. Rowley
Hudson-Delaware
Boy Scouts of America
A. Richard Rosenberg
Florida
Charles H. Martin
Cap Hill
Rosenberg
Big V Supermarkets Inc
Lehigh University
New York Air National Guard
Wakefern Food Corporation
New York State Food Merchants Association
Martin
U.S. Military Academy
West Point
Texas Air University
Strategic Air Command
Jesus
Okinawa
Dad
Park Lane Furniture Vail Gave
RLY
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