The Post-Crescent from Appleton, Wisconsin on July 31, 1980 · 11
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The Post-Crescent from Appleton, Wisconsin · 11

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Appleton, Wisconsin
Issue Date:
Thursday, July 31, 1980
Page:
11
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i p- yr'w '.'y frwiwMfmw'r0Trww r j J r s ww - -' " - 1 f K rrpp" ''i' khi i i f ' p p 9 r v p w t" p ' ThUrSCfclY July 31 1980 The Post-Crescent, Appleton-NMnah-Menasha. Wit. A"ll Legislator rapped for nuclear waste distortion RHINELANDER (AP) Rep. Lloyd Kincaid's demand for more public information about nuclear, waste storage drew a rebuke Wednesday from a Republican legislator. Rep. Patricia A. Goodrich of Berlin insisted Kincaid is generating a misconception that the public has been denied an opportunity to comment on government thoughts about building a Wisconsin dump for radioactive material. "If you continue to perpetuate this false impression, I intend to follow you on your public speaking rounds to contradict the erroneous impression you are leaving," she said. Goodrich confronted Kincaid at a legislative hearing which he requested. Two representatives of the U.S. Department of Energy were grilled by a' Rhinelander man about the government's assurances of safety in oper-' ating a dump and shipping radioactive matter to the site. ' Kincaid, D-Crandon, accused the department of "not leveling with us." He accused Republican Gov. Lee S. Dreyfus of being too accommodating toward the department's dump plans. Rather than accept ( the department's assurances of safety from radiation, Kincaid said, the Legislature should order an investigation of its own into the question of whether Wisconsin bedrock is suitable for the tunnels in which nuclear matter would be stored. Rep. Mary Lou Munts, D-Madison, chairwoman of the Assembly's Environmental Resources 'Committee, called the hearing the first attempt to provide the public with an official forum for expressing sentiments. Goodrich said she conducted meetings in June for her constituents. Dreyfus has said that, other than expressing their opinions, states may have little voice in where the government decides to dig tunnels. The thought of a radioactive dump has stirred environmental and health protests. Dreyfus argues that if Wis consin citizens expect to benefit from electricity generated by nuclear energy, they must expect to share in the responsibility of disposing of spent fuel. Munts said citizens "need to be reminded of the strong doctrine of federal preemption" over which a state has no veto power. She expressed hope that hearings can outline what a state could do in response to the government's authority. Membership in legislative group rapped MADISON (AP) An Assembly Republican Wednesday criticized Wisconsin's membership in a national legislative organization that will cost the state $44,830 in dues this year. Assembly Minority Leader John Shabaz, R-New Berlin, criticized the state's membership in the National Conference of State Legislatures, calling it "an unjustifiable frill." He said failing to pay the dues would help the Legislature reduce its expenditures by the 4.4 requested by the Dreyfus administration. Administration Secretary Kenneth Lindner has said state spending must be trimmed by 4.4 to offset a projected budget deficit. "Especially during a period of economic recession, such an expenditure is exorbitant in the eyes of the average taxpayer," Shabaz said. Shabaz' remarks came in letters to Assemby Speaker Edward Jack-amonis, D-Waukesha, and Majority Leader Rep. Gary Johnson, D-Beloit. .Johnson is chairman of the 18-mem-ber Wisconsin Commission on Interstate Cooperation, the members of which vote on sending the dues to the national organization. In a mail ballot, Shabaz voted against spending the money and urged Johnson to call a special meeting of the organization to discuss the issue. The National Conference of State Legislatures is a nationwide organization promoting information-sharing between states. It conducts research on special topics and holds meetings and conferences for members, and keeps state legislatures informed on the status of bills and resolutions in other states. Lucey to seek open convention MADISON (AP) Patrick J. Lucey, a deputy national director of Sen. Edward M. Kennedy's presidential campaign, says he will begin lobbying Sunday at the National Governors Association conference in support of an open Democratic Na-' tional Convention. The former Wisconsin governor said he plans to "circulate and talk to old friends" during the conference in Denver. Democrats who question whether President Carter can be re-elected in November are suggesting that the convention be thrown open, freeing Carter's delegates from their commitment to renominate him. Lucey said there is a risk that Kennedy as well as Carter could suffer a loss of. delegate strength were the commitment rule set aside. MOVING New Glass Studios NEW LOCATION as of August 1 1 1 6 E. Wisconsin Ave. Appleton (across from Cinema I) Cloted July 30 I 31 for moving. Butch Verich of Laona, who seeks the Repubican nomination for the Assembly seat held by Kincaid, said all factors should be reviewed before a decision is made whether to build a Wisconsin depository. Robert Wunderlich, an Ohio repre-sentative of the Department of Energy's technical division, and department engineer Leslie Casey said the agency is not yet ready to identify site preferences. , . The bedrock areas under study, they said, include northeastern Wisconsin and Minnesota. Wunderlich said a "site won't be needed until 1985." Munts said the department had b'een invited to explain the status of its explorations of the Lake Superior region. Wunderlich and Mrs. Casey were questioned by Jay Luchsinger of Rhinelander about the Department of Energy's promises of safety at dump sites and along the routes which would carry radioactive material to the dumps. He cited last weekend's train derailment near Muldraugh, Ky., Involving tank cars of toxic chemicals and the evacuation of about 7,500 persons. "Nobody is going to believe verbal assurances when they see the train wrecks like the tine in Kentucky," Luchsinger said. He asked about the danger "to inhabitants of the area" of a dump. "Under all possible scenarios we have examined, even the most imaginable, the risk would be very low," Wunderlich said. Casey said nuclear matter would be stored in casks during shipment, and Luchsinger demanded: "How can you guarantee safety?" "Casks containing nuclear wastes are especially designed to handle the situation," she replied. i . In Washington, the Senate approved a policy of having the government store spent fuel from power plants while waiting for permanent dumps to be dug. i Senators rejected 51-44 a committee's proposal for requiring utilities to store their snent fuel rods them- the committee recommendation selves while waiting for the per- Wisconsin's only stQrage facilities manent dumps. currently for spent fuel rods are Wisconsin Democrats Gaylord Nel- those maintained by public utilities son and William Proxmire voted for at three nuclear fuel power plants. OSHKOSH, WIS. E.A.A. FLY IN STARTS SAT. & SUN.f AUG. 2 & 3 Aug.9& 10, 16 & 17, 23 & 24 FISH FRY RELAX ENJOY FLEA MARKET AIR SHOW GOODWILL INDUSTRIES Hwy. 44 & 20th St., Next to Airfield 725-4231 Opens 7:00 a.m. i Choose From an Excellent Selection of: e EVERGREENS TREES SHRUBS Fertilizers, Lawn Seed, Peat Moss & Peat Pots. Soil Sand .... Buthd 75 Planting booklet free with purchase Van Buskirk&Son Nursery 605 Airport Road, Menasha 722-5731 Charter number 1 749 National Bank Region Number 9 ; REPORT OF COND. . ION Consolidating domestic subsidiaries of ', THE FIRST NATIONAL BANK of Appleton .In the state of Wisconsin, at the close of business on June 30, 1980 published in response to coll nude ' by Comptroller of the Currency, under title 1 2, United States Code, Section 161 . STATEMENT OF RESOURCES AND LIABILITIES ASSETS Thousonds of dolton Cash and due from depository institutions , $ 24,752 U.S. Treasury securities 5,275 Obligations of other U.S. Government ogencies and corporations 3,51 2 , Obligations of States and political subdivisions in the United States 27,123 Other bonds, notes, and debentures 10 Federal Reserve stock and corporate stock 240 Loans, Total (excluding unearned incme 117,272 Less: Allowance for possible loan losses 1,065 Loans, Net 116,207 Lease financing receivables 3,003 Bank premises, furniture and fixtures, and other assets representing bank premises 4,056 Other assets , 2,V72 TOTAL ASSETS $197,150 LIABILITIES Demand deposits of individuals, partnerships, and corporations $ 37,330 Time and savings deposits of individuals, partnerships, and corporations 103,628 Deposits of United States Government 961 Deposits of States and political subdivisions in the United States 1 3,029 Deposits of commercial banks 4.503 Certified and officers' checks . . . . . 1.090 Total Deposits 160,541 Total demand deposits 45,861 Total time and savings deposits Federal funds purchased and securities sold under agreements to repurchase 16,929 Interest-bearing demand notes (note balances! issued to the U.S. Treosury 2,797 Other liabilities for borrowed money 25 Other liabilities 2,653 TOTAL LIABILITIES (excluding subordinated notes and debentures) $182,945 ' Subordinated notes and debentures 500 , , , EQUITY CAPITAL Common stock: No shares authorized 400,000 No. shares outstanding 400,000 ($10.00 por value) $ 4.000 " Surplus .7'.-s , 4,000 Undivided profits . ...,....,, 5,705 TOTAL EQUITY CAPITAL :r. . . "r. . .'' $ 13,705 TOTAL LIABILITIES AND EQUITY CAPITAL $197,150 MEMORANDA " Amounts outstanding as of report date: Standby letters of credit, total J 732 Time certificates of deposit in denominations of $1 00,000 or more 14,039 Other time deposits in amounts of $100,000 or more 9,534 Average for 30 calendar days (or calendar month) ending with report date: Cosh and due from depository institutions 22,049 Federal funds sold and securities purchased under agreements to resell 1 00 Total loans .' 118,389 Time certificates of deposits in denominations of $1 00,000 or more 1 3,434 Total deposits 1 52908 Federal funds purchased and securities sold under agreements to repurchase 1 7,321 Other liabilities for borrowed money 25 Total assets $199,132 I, James H. Kiekhaefer, Comptroller of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief. s James H. Kiekhaefer July 25, 1980 We, the undersigned directors attest the correctness of this statement of resources and liabilities. We declare that it has been examined by us, and to the best of our knowledge and belief is true and correct. John G. Strange Harold C. Adams William D. Wolter Directors one week only! Atari video computer TV game system will be 169.99 X' ; !-- .7 - X " -TVmmin I SSffe I turn your television set into a family fun and game center Turns any TV Into a family activity center. Just insert the cartridge and play a series of exciting TV games. Easily attaches to TV antenna terminals. Skill option control for novice or expert settings for each play. Includes 2 joystick controls, 2 paddle controls and one cartridge with 27 game variations. ALL Reg. 19.95 GAME CARTRIDGES. Includes Golf and Night Driver new from Atari! 1 95 u each & jx j, a. r V . . j rases super special! Q95 Reg. 19.95 SAVE 10.00! Choose from CX2604 Space War, CX2641 Surround, and CX2651 Blackjack. It h IT. sale 22.95 Reg. 29.95 SPACE INVADERS. With 1 12 game variations. Chorge it with vour Kohl's, Master Card or Visa Open tonight 111 9, Appleton, Valley Fair Mall DEPARTMENT STORES

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