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Hinckley checked into the Park Central Hotel on 18th Street. It is just two blocks west of the White House and directly across the street from Secret Service headquarters. It often houses visiting Secret Service agents. The cheapest room is $42 a night, moderate by Washington standards. Hinckley sat for hours in Room 312. He made two local telephone calls, using the hotel's direct-dial system...
Banks and savings institutions have undoubtedly been hurt by the money funds, since their cheapest source of funds is deposits in checking accounts and low-interest passbook accounts. Saddled with billions of dollars' worth of unprofitable old low-interest mortgages, some thrift institutions are tottering on the edge of bankruptcy. Last week the U.S. League of Savings Associations urged the Government to impose sharp restrictions on the money market funds and asked the Federal Savings and Loan Insurance Corporation to pledge up to $7 billion in low-cost loans. Says Carroll Melton, league economist: "The money market funds...
...expert on energy matters." But he maintains that the interest he took in energy while serving as Governor, when he created the South Carolina Energy Research Institute, qualifies him for the post in the Reagan Cabinet." He advocates stepped-up development of nuclear power as "the cheapest, the safest and the cleanest" source of energy available. He wants to abolish regulations that are "standing in the way" of producing more energy from all sources. Says he: "We need to unleash it, to free the private sector." To that end, he says, "it would be my pleasure...
...among businessmen, of a lower minimum wage for youths. While declining to take a stand on such issues before his confirmation hearing, Donovan does say that he thinks reducing the Government's role in the economy is crucial. Says he: "We no longer have the best and the cheapest. We must get back to work in both the business and labor communities and get Government...
...surgery's potential for changing personality probably must await release of a study now under way at Johns Hopkins University School of Medicine. Meantime, prisoners continue to apply for surgical work that may cost taxpayers $2,000 to $4,000. But even at that, it may be the cheapest rehabilitation program going...