European Stars and Stripes (Newspaper) - June 16, 1994, Darmstadt, Hesse Page 6 the stars and stripes a . Thursday june 16, 1994use Good cents Penny Pinchers told by the Washington Post Washington a Uncle Sam is taking a common cents approach to a problem. The Treasury department is trying to head off a possible paucity Quot of pennies by asking Banks to encourage customers to Stop pinching them and Start pitching them Back into circulation according . Treasurer Mary Ellen Withrow. Quot when the Economy a Good i think people have a tendency not to pay too much attention to their pennies a Withrow said in a Telephone interview tuesday. Even though a Lack of cents Wilt not have any Overall economic Impact the coins done to do any Good sitting a in a drawer out there a she said. There Are about 170 billion pennies a $1.7 billion a in the Economy she said and the . Mint has been producing More of them in the course of the year As economic growth has spurred Penny demand. With that Many extant coins the problem is More than Penny Ante but not quite a a shortage a according to Withrow. In anticipation of the potential first Union Bank suggested tuesday that tellers give out As few pennies As possible. At a downtown Washington nation Bank we Iii usually ships $500 of pennies a week to corporate customers a Bank official called the shortage a quite but the official said it had not caused problems at that Branch and should not affect individual customers. Nation Bank has asked customers to bring in Loose or rolled pennies to boost the Bank a Supply. Last week giant food stores offered its customers a thought for their pennies it posted signs asking them to pay with exact change whenever possible. The signs were quickly removed because customers responded to the Penny promotion by going on a Roll. A a we have had More pennies in our stores than we have ordinarily had a said Steve Marks director of accounting for the Landover Chain. Quot we have had some stores Call and say a Tell the Bank not to Send any More pennies a the Treasury has had Penny problems in the past most recently in 1980. Most cases of cent Scarcity were handled without much difficulty by a combination of increased Penny production and less cent saving by Consumers. There is no reason to expect the current situation will be any More difficult Withrow said. Even though its cheap to make a Penny a about 0.8 cents for each Copper and Zinc Coin a there Are practical limits to How much cents the . Mint can make. Quot it in t a problem its just that the Economy is Good and you need More coins when the Economy is Good a a Withrow said. Quot there Are a lot of pennies out there and we just want to make people aware of that fact a she said. A maybe take them to the but done to get your Hopes up a they wont pay you More than a Penny for each one. In the stars and stripes 10 years ago june 16,1984 president Reagan softening his tone toward the Kremlin said he is opening the door to a possible Summit with soviet Leader Konstantin Chernenko. 20 year Sago june 16,1974 the . Supreme court refused to order disclosure of secret Grant jury material that named president Nixon As an uni dieted co conspirator in the watergate cover up Case. 30 years ago june 16,1964 a new York gov. Nelson a. Rockefeller and . Ambassador Henry Cabot Lodge threw their support to Pennsylvania gov. William w. Scranton in a bid to keep the Republican presidential nomination from sen Barry Goldwater of Arizona. 40 year Sago june 16, 1954 a sen. Joseph r. Mccarthy d-wis., accused the Truman administration of Quot five incidents of treason Quot he said it prolonged the korean War and Cost the nation thousands of needless casualties. 50 years ago Juno 16,1944 a american infantry and Armor units across France s Cote tin Peninsula of a nine mile front threatened to sever the last communication lines to the Germar Voicu pied port City of Cherbourg. World War ii 50 years ago today june 16 1 a 9 a 44 american paratroops fight their Way across the Douve River and push into in Normandy. British forces capture Poleto Italy to the Pacific commanders delay a Landing on Guam until they Deal with approaching japanese warships marinos jink their beachhead on Saipan. Nationalist chinese troops take Kamying Burma. Japanese forces attack Changsha in China. Source 2194 Days of War. W. H. Smitti publishers inc. This world atm Tinc of world War ii Bison looks corp., 1981 j a Post office picks chief to revitalize Washington apr a 22-year Post office Veteran named to run the mails Day to Day operations says the Agency must restore its credibility after a string of delivery problems. William Henderson says its critical for the . Postal service to a restore Confidence both internally and externally. We wont be around forever unless we earn our franchise a postmaster general Marvin Runyon picked Henderson on tuesday to become executive vice president and chief operating officer of the postal service Runyon announced several other management changes including consolidation of 20 regional managers into 10 to emphasize decision making and responsibility. The moves Drew prompt reaction from the chief congressional critic of the Post office which has been buffeted by major delivery problems in Chicago rising deficits and service trouble in new York and Washington. A you can reshuffle the cards but in the end its How you play the hand a said rep. William Clay d-mo., chairman of the House Post office and civil service committee. The latest plan will be judged on meeting on time delivery reducing the deficit improving productivity raising employee morale and controlling costs Clay said. Henderson 46, who is now the Post offices head of marketing will replace Joseph Caraveo 62, who is retiring after two years As chief operating officer. Runyon said he is reducing the current system of 20 regional managers to 10 by combining operations. Currently each Region has a sales and service manager and a processing and distribution manager. By putting one person in charge of each Region decisions will be centralized Runyon said. The 10 regional managers who have not yet been selected will be vice presidents reporting directly to Henderson Runyon said. A we need people who accept change because change is going to happen a Runyon said of efforts to improve postal performance and modernize operation of the massive bureaucracy. A i want people who Are facilitators not dictators a he stressed. When he took office two years ago Runyon dropped several Lavers of management and eliminated 23,000 jobs in the Post office. Runyon termed that program a Success but said the Agency has lost momentum in recent months. Lucky 13 Silt re l not if Quot a Quot ,-d3f,1b 1>hi,l�?T,l lphi1 on tuesday Stephanie outlaw front to h t i wave 13-Star flags ust like the one Betsy Ross is said in 1776 to Mil Ria is 3n� a in Las at seamstress Ross was commissioned in 1776 to make the 13-Star Flag representing the american colonies. Baptists elect moderate leaning Leader conservative faction that controlled the denomination. The conservatives had endorsed Wolfe Henry said his election was a sign that Southern baptists Are tired of the political tension that has dominated the convention since 1979. That was the year conservatives concerned that denominational officials were moving away from upholding the literal truth of All passages in the Bible began their successful Campaign to win control a of convention offices. Conservative Southern baptists emphasize their belief in the literal truth of the Bible. Moderates stress each individuals right to interpret the Bible. Orlando Fla apr a conservative pastor who favors reconciliation with moderates in the Southern Baptist convention was narrowly elected president of the nation s largest protestant denomination. The Rev. Jim Henry of first Baptist Church in Oriano won 55 percent of the vote tuesday to defeat the Rev. Fred Wolfe chairman of the conventions executive committee on the opening Day of the denominations 137th annual meeting. ? move on ahead a Henry said. Anything that we can do to create Unity without sacrificing principle lets do it a Henry s 9,876-Tu-s,023 Victory ended a string of 15 presidential victories for the
