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Winchester Evening Star in Winchester, Virginia

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Newspaper

Winchester Evening Star

Location

Winchester, Virginia, United States of America

Date

Jun 08, 1976

Page

8

Withholding on Interest and Dividends Moves in Congress

A plan would require withholding on annual interest and dividend payments to over 50 million households. IRS estimates this would boost federal tax receipts by about 2.4 billion dollars annually and aid passage of a broader tax package while critics press for continued luxury breaks.

Washington Congress Internal Revenue Service Senate Finance Committee Russell Long D-La Avid IRS Donald C. Alexander Senate Treasury Department Long

Endplay Plan for a Six Spade Slam on Goren Bridge

South must execute a precise endplay after West leads a low diamond. With trumps 2-2, win the king of diamonds, draw two trump rounds, and ruff clubs to establish a trump in hand. Cash clubs, ruff, then enter dummy with the ace of diamonds to ruff remaining clubs. If East has both the king and queen of hearts, cash the ace and lead hearts to force a heart return, then ruff and discard to secure the vulnerable slam.

North East

Britain Secures 5.3 Billion Foreign Loan Lifts Pound

The pound jumped to $1.80 amid a 5.3 billion dollar loan package from the United States and 10 allies to stabilize Britain’s currency. Chancellor Healey hailed averting the sterling crisis as miners accept wage ceilings and the government delays nationalization bills.

London Britain Denis Healey Healey United States Bank of England

Also Mentioned on This Page

Jackie Onassis New York South America Italy Charles H. Goren Omar Sharif Te Creago Troure Complete Insurance Service J.W. Arthur, Inc Hansbrough & Carter, Inc E. Boscawen ST Labor James Callaghan London Stock Exchange Federal Reserve Board Bank of England Belgium Canada France Japan The Netherlands Sweden Switzerland West Germany Bank For International Settlements Zurich Sewing Machine Repair & Service CO C.L. Nelson Chamber OF Commerce Will Shenandoah Valley FDIC Loudoun Piccadilly
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