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...bill, approved by the state voters in November of 1982, took effect in Massachusetts on January 17, 1983. It requires a nickel or dime deposit for all containers for beer or other malt beverages, soft drinks, and artificially carbonated mineral water. It also stipulates that retailers must accept returns and give refunds for all the types of returnable containers that they sell...

Author: By Mary K. Warren, | Title: Deposits and Returns | 3/4/1983 | See Source »

Retail liquor stores, markets, and bars are the businesses most directly hit by the bill. They suffer not only from the higher beverage prices as a result of the deposit, but the law also requires that they collect, save, and return bottles and cans to their distributors...

Author: By Mary K. Warren, | Title: Deposits and Returns | 3/4/1983 | See Source »

Most liquor stores, markets, and bars have raised prices on beverages in returnable containers to cover the deposit and handling charges levied by the distributors for picking up the empties. Price hikes range from 7.6 percent on beer at Chi Chi's to 25 percent at Charlie's Kitchen. Soft drink prices have generally been raised only to cover the deposit charge...

Author: By Mary K. Warren, | Title: Deposits and Returns | 3/4/1983 | See Source »

U.A.B. had been on the "problem list" of the Federal Deposit Insurance Corporation throughout 1982. In November more than 200 federal bank examiners swept into all five of Butcher's banks, as well as 24 smaller banks controlled by his brother C.H. Says Stephen Woodrough, the FDIC regional counsel in Atlanta: "We wanted to see how much bad paper was really there. The situation at U.A.B. was very, very grave indeed." The FDIC concluded that $90 million in loans should be written...

Author: /time Magazine | Title: Tapped Out | 2/28/1983 | See Source »

...giant C5-A Galaxies roared overhead, Honduran special-forces parachutes bloomed in the skies above that remote and inhospitable corner of the country, twelve miles from the Nicaraguan border. In the nearby Caribbean coastal town of Puerto Lempira, two 8,800-ton U.S. Navy landing craft nosed ashore to deposit 580 members of the Honduran fourth infantry battalion. A mile away, U.S. Army officers huddled at a sophisticated and top-secret satellite communications center that had suddenly materialized in the swampy jungle, along with a mobile radar station. The display of U.S. military muscle flexing known as Operation Big Pine...

Author: /time Magazine | Title: Central America: The Rising Tides of War | 2/14/1983 | See Source »

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