Word: term
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Dates: during 1970-1979
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...budget of approximately $12,000 funded by a $5 charge on all undergraduate women's term bills. "What the legislature does with it largely determines what the group does in general," Jennifer R. Levin '80, president of RUS, said yesterday...
...past month the board has let the rate for Fed funds, uncommitted reserves that banks lend each other, rise from 8⅜% to 8¾%. The Fed funds rate serves as a floor for most other short-term rates. Then last week the board increased the discount rate, the interest charged by the board for loans to member banks, from 8% to 8½%, the highest level ever. A key motive for the Federal Reserve's money moves has been to halt a sharp and inflationary increase in the money supply. Also, the Fed is trying to forestall further...
MARRIED. James Earl Ray, 50, Martin Luther King Jr.'s convicted assassin, who is serving a 99-year jail term; and Anna Sandhu, 31, freelance courtroom artist; he for the first time, she for the second time; in Brushy Mountain state prison, at Petros, Tenn. Tennessee does not permit conjugal visits, a situation Sandhu described as "terrible...
DIED. Goodloe E. Byron, 49, four-term Democratic Congressman from Maryland; of a heart attack, while running; in Washington County, Md. A veteran of six Boston Marathons, Byron collapsed while training for his eighth 50-mile John F. Kennedy Memorial Hike/Run. Byron was heavily favored to win re-election next month to the congressional seat once held by his father and later, his mother...
DIED. Ralph Metcalfe, 68, four-term black Congressman from Chicago's South Side and former champion sprinter who won a 1936 Olympic gold medal with Jesse Owens in the 400-meter relay; of a heart attack; in Chicago. A protege of Mayor Richard Daley's, Metcalfe broke with his mentor in 1972 after complaining of police brutality toward Chicago's blacks, but he continued to win re-election handily without machine support...