Word: cavanagh
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Dates: during 1970-1979
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DIED. Jerome Cavanagh, 51, Detroit's mayor from 1962 to 1970; of a heart attack; in Lexington, Ky. Cavanagh rose to national prominence as an early champion of federal aid for decaying urban centers, but his political fortunes collapsed in the wake of his city's 1967 race riots...
...Murphy 2 3-5 7, Lombardi 4 2-3 10, Cavanagh 3 2-2 8, White 4 3-4 11, Holloway 4 2-2 10, Walsh 4 0-1 8, Tongal 3 1-2 7, Tripuka 4 2-2 10, Totals...
...Lombardi 2-5 8-9 1 0 4 12 Tongal 5-11 2-2 9 4 0 12 Calhoun 1-3 0-0 1 2 0 2 Dowell 5-13 2-2 4 5 1 12 Murphy 1-1 0-1 0 4 0 2 Cavanagh 1-4 0-0 0 2 0 2 Totals 29-78 24-32 44 29 8 82 FG percentage 37; FT percentage 75 Team rebounds--6; Turnovers...
...Cavanagh and Granquist, who is a former Norwalk, Conn., bank president, have moved quickly to improve these costly methods. Their biggest accomplishment so far: putting to work some $1.5 billion in taxpayers' money that was deposited without interest in banks around the country; on July 1, the U.S. will begin receiving $75 million interest annually on that cash. Other savings come mainly from cleaning up administrative procedures, speeding collections and controlling payouts...
...Cavanagh and Granquist have the blessing of President Carter; on one of their progress reports, he scribbled, "Keep it up!" The streamliners are not doing anything that would be unusual in private business. Says Cavanagh: "These are very standard procedures. The Government should manage its money as well as the taxpayers...