Word: feds
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Dates: during 1970-1979
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...fast there, Sacramento. Last December, California announced its population had reached 20 million. Now it seems that some of those births were premature. Preliminary counts for the 1970 census put the figure as of April 1 at only 19,750,000. Many Californians, fed up with the problems of mushrooming growth, are far from unhappy. When Los Angeles Times Columnist Art Seidenbaum called for a "Lesser Los Angeles," with limits on the city's growth, he won an overwhelmingly favorable reception. One correspondent wrote him: "Let's hope your idea isn't ten years too late...
Before the advent of the snow machine, Joe used dog teams. But they were a problem. You had to feed them. Prior to statehood, which brought tight restrictions on fishing, Delia and a partner fed their dogs on salmon fished from the Skwentna River and Eight-Mile Creek. "We used to put fish nets in the rivers and cricks and get maybe 2,500 to 4,500 salmon, just to feed our teams. But then the state fish and game people stopped us from usin' the fish wheel. Then they stopped us from usin' nets, and then they...
...away from it all is, if anything, even more intense this year. There is so much more to get away from. Observed Hugh Johnson, an American Express manager in Beverly Hills, Calif.: "People figure they can't do much about the stock market, and they are fed up with the terrible headlines. And maybe there is a feeling that they might as well do it now because they won't have it to spend a year from...
Back in Saigon, the Congressmen produced statements from five former inmates, all students imprisoned as suspected Communists after antigovernment demonstrations. The students told of being beaten, urinated on from above by guards and fed rice mixed with sand. One of the students said they were so thirsty "we would all urinate in a bucket, then divide it up and drink it," and so hungry they snared lizards and beetles that strayed into their cages and "ate them alive, biting off and sharing pieces." Congressional colleagues of Anderson and Hawkins were not happy about the trip to Con Son, however...
...also pledged not to permit a wave of corporate bankruptcies, and last week they acted to make sure banks have enough cash to meet demands from corporations seeking loans to pay off commercial paper. They invited banks to borrow more money directly from the Federal Reserve system itself. The Fed also removed the ceilings on interest that banks can pay on short-term certificates of deposit. These rates then jumped from about 61% to 8%, which is just about the going level for commercial paper. The rise should encourage treasurers of cash-rich companies to invest in bank certificates...