Image provided by: University of Oregon Libraries; Eugene, OR
About Oregon daily emerald. (Eugene, Or.) 1920-2012 | View Entire Issue (June 1, 1979)
_making the news From Associated Prass Report* PORTLAND — A class action suit asking for $54 million In damagas and alleging discrimination was filed Wednesday against U S. National Bank of Oregon. The suit filed in Multnomah County Circuit Court con tends that the bank discriminates against women, minorities and the poor by assessing charges against depositors in those groups when their checking accounts are overdrawn. The plaintiffs are Lonnie and Theresa Best, who said they have had a joint account in the bank's Gresham branch for six years The suit says the Bests are representative of about 250.000 depositors who have been assessed charges for overdrawn accounts ACROSS THE NATION - As many as 25 DC-10 jetliners remained grounded Thursday after defects were uncovered in their engine mount assemblies, but most of the U S -owned fleet of 138 DC-10s had passed scrutiny and were cleared for take-off. A United Airlines mechanic said Thursday that deficien cies found in one DC-10 were so severe that if they had gone undetected, an engine eventually might have dropped off the aircraft Last Friday. 274 people died in the nation’s worst air crash after an engine fell from an American Airlines DC-10 as it lifted off from Chicago's O'Hare International Airport. WASHINGTON — Pres. Carter disclosed Thursday that Ns Georgia farm has made him a millionaire, despite con tinuing losses from his family peanut warehouse Carter also disclosed that he is having differences with the Internal Revenue Service, which forced him to pay taxes on the value of air travel for his wife and daughter Amy, and which may disallow a $12,000 deduction Carter is claiming for entertaining his staff Among the disclosures: — Carter's net worth rose from $795,357 74 at the end of 1977 to $1,005,910 25 at the end of last year White House lawyer Robert Lipshutz said the increase was due mainly to the rising value of the nearly 2,000 acres of farmland the president owns in Sumter and Webster counties in Georgia —The family peanut warehouse, which lost more than $300,000 under the management of the president's brother Billy in 1977, lost another $73,000 last year and currently has a negative value —The IRS billed Carter in April for $2,704.26 in additional taxes after auditing his 1977 returns They said he should have claimed less of a loss on his warehouse business, and should have paid taxes on the value of air travel for his family members who accompany him on trips Carter agreed to pay. Carter’s power limited WASHINGTON (AP) - In a major blow to Pres Carter s anti-inflation program, a federal judge ruled Thursday that Carter has overstepped his constitutional power in trying to enforce his wage-price guidelines U S District Judge Barring ton D Parker said neither the Constitution nor Congress gave Carter authonty to threaten to deny federal contracts to com panies that violate his “volun tary" guidelines The decision does not prevent the president from us ing his influence — “benign jawboning" in the judge's iGATCl Mfm\ THRU* AUG. I8TH* POST TIME | AT 730 PM! A« conditioned C'ub SKyview ■ m Portland | U of O NE 223rd and Halsey St Sorry. children under 12 not admitted Pacing Monday through Saturday — KENNEL CUJB| I words — to obtain purely voluntary support for his guidelines from business and labor. But it disarms the administra tion of a big club to enforce the guidelines And it adds another crack in the seven-month-old program, which has been crumbling under the weight of mounting union opposition and an inflation rate that is now running at 14 percent a year This Weekend At DUFFY’S Pitcher Sale - Friday at Four Live Music 5:30 to 6:30 Friday Live Music Friday and Saturday 9-2 with FOX AND WEASEL t: » Rhodesia white rule ends SALISBURY, Zimbabwe Rhodesia (AP) — Prime Minister Abel Muzorewa ushered in the new state of Zimbabwe Rhodesia at the stroke of mid night Thursday, declaring it "the victorious minute we have struggled for and waited for over 88 years of colonial domination and subjugation." The brief radio and television address by the country’s first black prime minister, along with a government gazette proclamation, were the only of ficial acts marking the inception of the new state — which was saddled from birth with interna tional isolation, escalating civil war and factional rivalries. "This is Friday, June 1, 1979, this is the day the Lord has made, let us rejoice and be grateful and be extremely glad,” began Muzorewa, a 54 year-old bishop of the United Methodist Church The gazette proclamation ended the 15-year white minority administration of Prime Minister Ian Smith and officially transferred government powers to Muzorewa and his Cabinet of 11 blacks and five whites. The new ministers will be sworn in Friday, with Smith now a minister-without-portfolio. And in Salisbury, the rift between Muzorewa and his former partner in the 14-month transitional government, the Rev. Ndabaningi Sithole, widened with police detentions of at least 11 officials of Sithole’s Zimbabwe African National Union. ZANU spokesmen said of ficials of the party were picked up at home or in their offices Wednesday and Thursday, and no reasons were given. Oil decontrol becomes reality WASHINGTON (AP) - Oil decontrol. Is it a statistician’s shell game? A businessman s boon? A poor person's poison? On Friday, Americans start to find out as the Carter adminis tration begins to lift the govern ment’s price ceilings on domestic oil The phase-out will take more than two years The Energy Department says decontrol may boost the average price of domestic oil $5 per barrel by next year, but a consumer group says the rise will be more like $45. And this is only one of the controversies marking the new era Supporters argue that decontrol will cut demand for oil, stimulate exploration and production, improve the balance of payments, and dimmish dependence on oil im ports. Opponents charge that decontrol will punish low-in come Americans, feed inflation, MjvlVnwr Bui Id HiK '*? E. I lift M2-2071 r i World ' fiBN inffff' Me«* «/! and s<» I" C hocutwr Rarr and Kwkk Tea' Stramrd Bagrk increase unemployment, slow economic growth, make the oil companies richer, and make Americans even more vulnera ble to the Organization of Pe troleum Exporting Countries What is known is that on Friday newly discovered oil — below $10 per barrel under controls — will go up to world market price, nearing $15 per barrel now. Oil from existing wells — and controls on these were complicated — will rise slightly each month until it also is at world-market price. CPM PROPERTY SERVICES, INC. Realtor 1509 Willamette, Eugene, OR 97401 484-0745 Campus Area Low Summer Rates Now! 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