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From the dying Gipper at Notre Dame to George Custer in Santa Fe Trail, Reagan floated through our lives as a two-dimensional celluloid diversion. He never seemed to change much even when he became Governor of California. There he was in his white suit, eating jelly beans. Old Dutch...
...newspaper owners who sell out to a chain, Robert McKinney decided to stay on and help run the place. But McKinney did not like what the Gannett Co., the nation's largest newspaper group (82 dailies with a combined circ. of 3.5 million), was doing to his Santa Fe New Mexican (circ. 17,960). So he sued to get it back, and last week he won. Federal District Judge Santiago Campos ordered Gannett to return the New Mexican after a six-member jury ruled that the chain had breached an employment contract McKinney signed when he sold the paper...
Gannett officials said the chain had to take a more active role in running the paper because McKinney, who lives in Middleburg, Va., was in Santa Fe so infrequently. Gannett Chairman Allen H. Neuharth said the decision was "outrageous" and "based on politics and provincialism rather than fact or law." McKinney declined to comment. The trial is set to resume next month to determine how the paper should be returned, and Gannett plans to appeal its loss. Groused one New Mexican staffer: "We'll be in a state of limbo for years...
...Santa Fe...
...wary investors. Some 1895 bonds promise to pay in gold the interest every year and the face value in full in 1995. While the 1895 price of gold was $20.67 per oz., the precious metal closed in New York last week at $511. For decades the Atchison, Topeka & Santa Fe Railway, the largest remaining ingot bond issuer, dutifully made 2% semiannual interest payments in gold coin. But in 1933, Congress struck the gold clause and restricted the bonds' interest and principal payments to cash...