Financial Outlook: 1975 World Money Markets in Crisis
The NEA London Economist News Service notes a global finance crisis with stock declines, bond market squeeze, and banking failures. It traces petrodollar recycling pressures, liquidity strains on banks, and shifts to conservative lending as banks curb risk and seek safer deposits amid a narrowing credit environment.
MENTIONED IN THIS ARTICLE
United States
Federal Reserve
Arthur Burns
Britain
Herstatt
New York Federal Reserve
Charles Coombs
Move to start Winchester Front Royal council terms July 1
Lawmakers push to amend Winchester and Front Royal charters to let newly elected council members take office July 1 instead of September 1. House has backed Winchester change 98 to 0. both bills supported by local councils and urged for swift passage to reduce lame duck period.
MENTIONED IN THIS ARTICLE
Winchester
Front Royal
General Assembly
House of Delegates
House
Senate
Virginia
Stewart Bell
Charles M. Zuckerman
Jack Albert
Readers debate amnesty and capital punishment in Virginia letters
Two letters to The Star question clemency and the Ford amnesty program for draft dodgers, contrasting with Adolph Hitler as a cited example. A Virginia writer opposes reinstating the death penalty, arguing it brutal, prone to lengthy appeals, and tied to social failings. he stresses poverty and systemic flaws.
MENTIONED IN THIS ARTICLE
the Star
England
U.S
Naming New N H Senator
The U S Senate faces a close New Hampshire race between Louis C Wyman and John A Durkin after three tallies produced narrow different results The Ballot Law Commission declared Wyman the winner by two votes amid questions on voting machine malfunctions and miscounted ballots The Senate will decide whether to recount or substitute judgment on ballots with emphasis on federalism and precedent setting actions
MENTIONED IN THIS ARTICLE
Washington
United States Senate
New Hampshire
Senate
Louis C. Wyman
John A. Durkin
Carmen C. Chimento
NASA
Wyman
Durkin
Alsa Law
Chimento
Ballot Law Commission
Manchester
Nashua
Exeter
Claremont
Concord
Hanover
Newmarket
Pelham
Salem
Lwell
Interfering Church and Its Effect on Vitality
The essay argues that the church should oppose worldly influence rather than seek power. Gilbert’s view is cited that church meddling with the world harms its spiritual vitality and reduces its effectiveness as a force for good. It critiques aligning with political power for growing membership.
MENTIONED IN THIS ARTICLE
Gilbert
Also Mentioned on This Page
NEA
London Economist News Service
Petrodollars
America
Eddorials
Evening Star
James H. Fleming
William M. Mote
Ben B. Dutton Jr
Michael M. Foreman
Paul Hockman
The
Star
Mote
Amnesty
Draft Board
Adolph Hitler
Hitler
Catherine Monte
Middletown, Va
Stephen T
By James J. Kilpatrick
N.H
Winchester Evening Star
Thomas T. Byrd
Lewis H. Ebert
David H. Smith
Douglas 8. O'Connell
Eugene P. Miller
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