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Sunday August 30, 1981
. . . where the 1970s live forever!

News stories from Sunday August 30, 1981


Summaries of the stories the major media outlets considered to be of particular importance on this date:

  • Savings depositors will be affected by a Chase Manhattan Bank announcement that it was dropping its widely publicized 40 percent interest bonus for investors who sign up early for the government's new "All Savers" certificiate program scheduled to go into effect Oct. 1. The announcement followed a warning by the Internal Revenue Service on Saturday that it had "substantial doubt" that the tax-free savings incentives of the newly revised tax law would apply to the high interest investment packages that banks have been offering. A Chase Manhattan spokesman said the I.R.S. had aroused "a good deal of uncertainty," and the bank had decided "to pull the program until we get further clarification." [New York Times]
  • Damage to the Andrea Doria after she was struck by the Swedish liner Stockholm off Nantucket, Mass., 25 years ago was much greater than had been realized and that is the reason why she sank so quickly, according to members of the Peter Gimbel research expedition. Divers said that there was an enormous hole in the outside wall of the Andrea Doria's main generating room. [New York Times]
  • A pioneer cancer treatment case employed monoclonal antibodies produced with the aid of special cell-fusion techniques that provide groups of extremely uniform antibodies that are much more selective than ordinary body-produced antibodies in fighting disease. The treatment failed, although it apparently made possible a seven-week remission before the patient, suffering from lymphatic cancer, died. However, the use of monoclonal antibodies to learn more of cancer's complex secrets and to attack its outlaw cells is being pursued in animal research at many institutions, and in humans at a few. [New York Times]
  • A bombing in Teheran at the offices of the Prime Minister killed President Mohammed Ali Rajai and Prime Minister Mohammed Javad Bahonar, the state radio said. Five other people were also reported killed. The bomb, which started fires in the block containing the central government offices, apparently exploded in a room where the President and the Prime Minister were meeting with other officials. It was the severest attack in a growing guerrilla war conducted by opponents of the clergy-dominated government since a bomb in June killed more than 70 people. [New York Times]
  • The Awac planes the U.S. plans to sell to Saudi Arabia will not be equipped with key technological systems designed to resist enemy jamming of radar and communications systems and that would also help control a major air battle, according to the Defense Department. The equipment provided for the five radar surveillance planes is of special concern to congressional critics of the proposed sale who fear that the planes could threaten Israel and that special technological systems might fall into the hands of the Soviet Union. [New York Times]
  • Vienna police arrested six more people after the attack on a synagogue Saturday that killed two people. The six suspects were apprehended in an apartment rented for at least two months by one of the two men who were seized after the grenade and pistol attack on the synagogue in Vienna's old Jewish quarter. The Austrian radio said there were "some Palestinians" among the suspects, but the police would not confirm the report. [New York Times]
  • Poland has been transformed since the government recognized the Solidarity trade union a year ago, when Lech Walesa, Solidarity's leader, and a Deputy Prime Minister signed a document that gave representation of the workers to an organization outside the control of the Communist Party. Poland has since become the most independent nation in the Eastern Communist bloc, but it is also the worst off economically. [New York Times]


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