Logansport Pharos-Tribune from Logansport, Indiana on October 12, 1977 · Page 13
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Logansport Pharos-Tribune from Logansport, Indiana · Page 13

Logansport, Indiana
Issue Date:
Wednesday, October 12, 1977
Page 13
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Page 13 article text (OCR)

. October n. \yrn m Carter OKs$ 14.7 Billion In Grants To Ailing Cities The Pharos-Tribune, transport. Ind.-IJ WASHINGTON 1 • tUPJi President Carter, calling areas o( urban blight "a disgrace to our great country," today signed legislation thai authorizes SM.7 billion in granls to ailing cities, especially in the Northeast and Midwest. Carter said it was "a very' happy" occasion for him because such fiscal relief is urgently needed for large aginR urban centers. The bill's allocations are spaced over a three-year period for fiscally pressed communities. "There are some devastated areas where American citizens live that are a disgrace to our great country," Carter said during the outdoor ceremony in the Rose Garden.. "No immediate solution con bcoffercd. "I visited the South Bronx i in New York City) last week, which is enough to shake our confidence in the structure that we've evolved, and I know that in many other places in the country there arc similar areas." "This bill takes a giant slep forward" by placing "a focus of attention" on major urban areas, he said. Carter expressed minor reservations with a section of the measure which Ijfts restraints on construction of houses in flood plain areas but said his administration would monitor that situation closely. A group of senators and congressman, along with a , contingent of mayors, attended the signing ceremony. The Housing and Community Development Act of 1977, which authorizes funds of $6.2 biliion for fiscal 1978. revises (he formula for distributing funds in the block grant program so that older, more distressed cities receive substantially more a id. i The legislation gives the Department of Housing and Urban Development a new dual formula system for distributing the federal money — meaning substantial increases (or such cities as New York City and Chicago. The formulas do not help all older cities, however. Some will have to depend on a new Urban Development Action Grant that makes $400 million available for distribution by HUD. The bill also tackles the problem of redlining — in which banks and lending institutions deny loans to individuals seeking funds -to improve buildings in or bordering slum areas. But a provision in the bill to encourage inner-city lending by banks and savings and loans will not lake effect for more than a year. Under the dual approach [or block grants, the formula which supplies a community with the highest amount of money would be-used. The original formula weighs population at 25 per cent, ; oyer-crowdcd housing at 25 per cent and poverty level at 50 per cent. The new formula, which most benefits older large cities weighs population growth lag — the rale .'of population growth compared with other cities of similar size — al.20 per cent. poverty ; at 30 per cent and'age of current housing at 50 per cent. According to statistics compiled by HUD, using the new formula. New York City's entitlement in 1978 will-'be $221,745,000 whi|e_ under the original formula It would be S79,563;000. For Chicago, the 1978 funds will be $ilfi.8 million under the new formula while the figure under the other formula would be $73.4 million. Balloonists South Of Nova Scotia CAMP SPRINGS, Md. (UP!) — Two Colorado men trying to become the first balloomsts to cross the Atlantic Ocean "anchored" their helium filled craft south of Nova Scotia today to wait out a low pressure system expected to cross their path tonight. Tracking team member Don Witten, of the Goddarci Space Flight Center, said four aircraft and one ship last spotted the men at 42.8 degrees north and 62.5 degrees west. The team is now getting word to them through airline radios to stay- put to weather out ;i low- pressure system moving north out of the Great Lakes. " Dewcy Reinhard, 47, an amateur pilot and appliance repair shop tycoon, is piloting the silver-and-black balloon. His co-pilot, Steve Stephenson, 44, is a pilot but (his is his first ballooning venture. Both men are from Colorado Springs. They put down a unusual kind of anchor, a series of buoys connected to 2,000 feet of steel cable, rather than lighter lines used as anchors in previous unsuccessful cross-Atlantic attempts. Reinhard and Stephenson were advised to drop to 100 feet altitude "and stay tethered and try to weather this front." which is expected to cross their area at 10 p.m. EST. Witten said. "After that we will advise them to raise their altitude io 500 feet by dropping ballas!" and try to pick up west- southwesterly winds: The men originally planned to- be aloft for .five days and land near Ireland. Reinhard's wife Jean thinks the balloonists' chances of making the Atlantic crossing are "very good." "They have all kinds of radios and communications aboard," she said. "They are in communication with the airlines and have a marine radio. If they got into trouble, it would ,be easy to find them." Bad Day For f rucker Blast Injuries Are Fatal ; INDIANAPOLIS (UPI) Joseph 0, Walters. 54, Indianapolis, died Tuesday from, injuries suffered two weeks ago in an explosion at a mobile home near Knighlstown. , Police said' Wallers apparently lit a cigarette and triggered an explosion of leaking gas on Sept. 30. Wednesday, Thursday, Friday, Saturday Sears 4 DAYS ONLY $tock Your Freezer Now! T-BONE or RIB-EYE RESTAURANT •-• CUT:STEAK; . Juicy • Tender • Lean itnd Trim Take with Price... Your Choice I SiPound Box 16 to 19 T-Bones 21 to25Rib-Eye i PER 8-POUND BOX Packed, in Tleavy Vacuum Sealed ., • - Vinyl Boxes. Protects Against - " f ; FreeEer Burn. You do not have to ," Wrap These Steaks.,For Your • Freezer Quantities are limited Sorry, No Phone Orders or C.O.D.'s A Special Purchase * U.S. Government Inspected Beef • * .•/ s/>f.ciat purchase tftauff, nal rrfueed is an nn-fitional,vajut' ' '"* '•. \ v* -f'\ PORK CHOPS Lean and Juicy .' ." Pofk: Chops' ' : • 5'tbbox 090 CHOPPED BEEF PATSIES ' 32-t oz. Patliei. ' ' " '' '.'•' t "or ' JfrS'oz. pallies' ', fVr8%. Box ' ' Y6tJR CHOICE... 1 Ask About Sears Credit-Plan I——""* 'SBBSSu 1 The driver of this 40-foot tractor trailer rig must have had a bad day because when he looked behind him, all he could see was his trailer bent in the middle. The load of motor crates he was carrying shifted inside and caused this odd-looking accident (UPI) Sanka . . V^k BRAND DECAFFEINATED COFFEE Here's all you do: ' •{.' •-• First, save 50C with the coupon attached. •Q Atitf^'i? lail J*k the "^ ificate below ' ^Bd two proofs of purchase from bAJNKAf Brand Decaffeinated Coffee. A proof .of purchase is either an innerseal from 4-oz. or 8-oz. SANKA®., Brand Instant or Freeze-Dried or 'a squareinch ofplastic from the lid of SANKA* Brand Ground. • Then we will send you a $1.00 coupon, good on your next grocery store purchase of _ SANK A® Brand; . itl > You save $1.50 total on SANKA® Brand Decaffeinated Coffee. Prove .to yourself that you don't need caffein to enjoy the full, fresh taste of real coffee, "fry SANKA® Brand and discover why it's the coffee you can "feel good about. J Foods Corporation. 197' MAIL-IN CMTIFICATK Enjoy SANKA* Brand Decaffeinated Coffee and receive a 100 1 Coupon Refund. I Enclosed are two proofs of purcrtatt from SANKA" Brand Decaffeinated Coffee, A proof of purchase ft •ttnwran tnneraea) from 4-oz. or A-or. SANKA* Brand Instant or Fr*vM=Drfatf or a aquar* inch of '" plwtic from the fid of SANKA* Brand Ground. Please »and ma my St. 00 coupon, good on my next purcnate of SANKA* Brand Decaf&naled Coffee at my grocery atore. x This form most be used to obtain the $1.00 Coupon Refund. Mail to: $1.00 Coupon Offer P.O. Box 9034 Kankakee,. Illinois 60901 ADDRESS a v ragtster*d tradamark'br.Gantrat a^aftttiM Gamut* or Your Montr Aw* 12:30-5 . il you rvoe*t rt ( product jrtd.Jyp IKM W&TM cwknce [ Vnof s«<v to Of<«rat foods CorDOrjtioA Ccupot u>f>e : Cjtfl value; I/20(. Couoon mP ,-wl if presented proof?) in coupo«tt lor redrffipiiofl f or 0*t n^m iMwy «; HOI.. ', ,OENERAL FOODS CORPORATION •• • -. ?• -- i 50CI

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