This Day In 1970's History: Monday February 13, 1978
- Power cutbacks were ordered in Indiana and West Virginia as a result of the coal strike. Other power reductions and industrial layoffs were expected. Secretary of Labor Ray Marshall summoned officials of the United Mine Workers to a meeting at his office tonight and was expected to meet with coal industry representatives Tuesday morning. The Energy Department sent technical experts to Canton, Ohio, where a regional monitoring and electricity sharing center is underway. [New York Times]
- Sharply colder weather in the eastern, central and southern parts of the country was forecast by federal meteorologists for the next 30 days. They say that if the forecast is accurate, this winter, which so far has been milder than last year's, could be about as cold. They predict below normal temperatures from the central and southern states to the Atlantic. [New York Times]
- The American Bar Association defeated a resolution calling on Chief Justice Warren Burger to substantiate his low appraisal of the courtroom performance of trial lawyers or withdraw it. The resolution was defeated by a one-sided voice vote by the House of Delegates, the association's policy making group. Justice Berger's view was not endorsed by most of his supporters in the dispute. They instead defended his right to freedom of speech and argued that his public condemnation would seriously damage the A.B.A.'s professional "image." [New York Times]
- Testimony was heard by the Senate Banking Committee staff about overseas payments by Textron Inc., which, congressional sources said, differed from that given Jan. 24 by G. William Miller, Textron's chairman and chairman-designate of the Federal Reserve Board. The issue is whether Mr. Miller or other Textron officials were aware that an Iranian general, the former Commander in Chief of the Air Force, was in fact the secret owner of an Iranian sales agency to which Textron paid $2.9 million. [New York Times]
- Stock prices declined slightly. Investors were preoccupied with the stalemate in the coal contract negotiations and the pressure on the dollar in foreign exchange markets. The Dow Jones industrial average dipped 1.56 points to 774.43. The transportation average dropped 2.77 points to 209.88 as the impasse in the coal talks set off selling in the issues of some coal-carrying railroads. [New York Times]
|
