Mexico’s Lopez Portillo vows austerity to lift economy
Mexico’s new president Jose Lopez Portillo opened a six year term promising hard work and reduced government spending to fight inflation, recession, unemployment and peso devaluation. He urged business aid and pledged banking reform to push savings and capital formation while promoting public works and targeted land reforms within constraints.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Jose Lopez Portillo
Jose Represas
Nestle Company
Lopez Portillo
Luis Echeverria
Echeverria
Associated Press
Agrarian Reform Secretariat
Institutional Revolutionary Party
PRI
Budget Office Projections Optimistic for 1980 Balance
The Congressional Budget Office projects a possible 1980 budget surplus up to 78 billion dollars if economic growth follows assumptions set by the report. It cautions the figures are not predictions and depend on continuing current program funding and favorable GDP growth. Carter aides and experts meet in Plains with no agreement on tax cuts or stimulus.
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Washington
Jimmy Carter
Congressional
Congressional Budget
Alice M. Rivlin
Senate House Joint Economic Committee
Congressional Budget Office
Budget Office
Carter
Plains
Con
Last Frontier Claims Life Of Young Alaska Couple
Gail E. Russell, 30, died when her Palmer home was crushed by a mudslide along Knik River Road after week of rain. Her husband Gerald, 32, perished nine days earlier in a snowmobile accident near Lake Louise. The couple, originally from California, had moved to Palmer three years ago and ran a painting business. Both left no children. Russell is survived by her parents in Woodland, California.
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Palmer
Alaska
Gail E. Russell
Knik River
Pioneer Peak
Anchorage
Gerald
Lake Louise
California
Russell
Alaska Bank of Commerce
Kyle Turner
Russells
Woodland
Alif
Gates at White House Stand Firm After Crash
A Santa Fe man rammed a pickup into the White House solid steel gates on Pennsylvania Avenue. The gates did not budge, and Steven B. Williams was arrested for destruction of government property. He claimed the incident aimed to wake the president. President Ford was in the Oval Office. no comment.
MENTIONED IN THIS ARTICLE
Washington
White House
Santa Fe
N.M
Pennsylvania Avenue
Steven B. Williams
Williams
Ford
Oval Office
Secret Service
Vance Getting Royal Treatment
Cyrus Vance visited Plains for private talks with President-elect Carter and two key meetings on government reorganization and the economy. Powell said Vance is viewed as a potential secretary of state or senior adviser, with a late December data window shaping Carter's economic package for Congress next year.
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Washington Star Plains
Cyrus Vance
Jimmy Carter
Washington
Carter
Vance
Plains
Jody Powell
Treasury
Powell
Secretary of State
Defense
CIA
Henry Kissinger
Congress
Betty Ford says Ford not despondent after loss
First Lady says President Ford is in a good mood after Carter victory. The Fords put their suburban Alexandria home on the market for 137000 dollars, signaling plans to leave Washington. She rejects reports of genuine dislike for Carter and frames the loss as part of politics.
MENTIONED IN THIS ARTICLE
Washington
Betty Ford
Fords
Alexandria
Ford
Ron Nelsen
Carter
Virginians to Face Small Fuel Increase This Winter
Virginia energy director Louis R. Lawson Jr says supplies will cover the winter but costs will rise slightly. Gasoline and kerosene should stay plentiful with only a few cents per gallon higher than last year and natural gas costs about 50 percent more than 1975 levels.
MENTIONED IN THIS ARTICLE
Richmond
Lawson
Virginia
Edison executives explain proposed rate increases
The Star reports Potomac Edison executives outline the reasoning for upcoming rate hikes in a feature on the Area Page. A related photo accompanies the piece detailing the consideration of utility charges. The Berryville Post Office appears in Clarke Compass this week.
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Potomac Edison
Berryville
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Star
Miles Cory
Potomac Edison Company
Clarksburg
W.va
West Fork River
State Department
Defense Department
John F. Kennedy
Lyndon B. Johnson
New York City
China
Council On Foreign Affairs
Atlanta
Thomas B. Lance
Pond House
Inside Today
Post Office
Area News
Abby