The daily Nebraskan. ([Lincoln, Neb.) 1901-current, September 12, 1979, Page page 2, Image 2

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    page 2
daily nebraskan
Wednesday, September 12, 1979
CUSTOM - HAIRSTYLINQ
ano
BARDER - SERVICE
LOWIA LIVIL
Nibraska Union
AMOINTMINTS AVAIIABLI
47B-84S9
Study: Chrysler close could hurt cities
Every Football Saturday
$4.C3 Buffet
UvelfRgI Broadcast
7 a.m.-9:30 a.m.
Ticlcots At Tho Door
f .Qir
(ID
It DM
flDsairttn
Every Football Saturday
Hilton Grand Ballroora
Before the Game
WASHINGTON (AP)-A shutdown of the financially
troubled Chrysler Corp. would have an enormous effect
on the U.S. economy and result In long-lasting damage to
several metropolitan areas, says a study by the Depart
, ment of Transportation.
The draft study, released today by Sen. Thomas
Eagleton, D-Mo., also concluded that the demise of
Chrysler wduld deprive the United States of an estimated
800,000 small, fuel-saving cars" by 1981. 'This would
lower the potential for fuel savings derived from new fleet
sales each year,' it said.
The document said a shutdown could result in a severe
depression in the Detorit area, raising unemployment
from today's 8.7-percent rate to as high as 19 percent of
the labor force there.
The study was made by the department's Transporta
tion Systems Center and forwarded to the Treasury
Department in connection with Chrysler's appeal Tor
federal assistance. The Arm lost $207 million in this
year's second quarter alone.
The study concluded that if Chrysler closed operations,
97,000 U.S. production workers would lose their jobs, at
least for the time being, along with 15,000 in Canada and
7,500 in Mexico.
Another 180,000 employees of firms that supply parts
to Chrysler would be thrown out of work, along with
100,000 employees of dealers and 12,000 who work in
freight and related areas.
USPS 144-080
Editor in chief: Amy Lenzen; Managing editor: Margaret Staf
ford; News editor: Randy Essex; Associate news editors: Brenda
Moskovits, Rocky Strunk; Night news editor: Frank Hassler; Assis
tant night news editor: Bonnie Lund; Features editor: Jill Den
ning; Layout editor: Roger Buddenberg; Entertainment editor:
Deb Shanahan; Assistant entertainment editor: Kim Wilt; Sports
editor: Rick Huls; Photography chief: Mark Billingsley; Art direc
tor: Mike Whiteley; Magazine editor: Mary Fastenau; Magazine
managing editor: Gail Stork; Ombudsman: Michael Zangari; East
Campus Bureau chief: Kevin Field.
Copy editors: Liz Austin, Julie Bird. Barb Bierman, Alice Hrni
cek, Barb Richardson, Bob Lannin, Kris Hansen.
VjiThe Daily Nebraskan is published by the UNL Publications
Board Monday through Friday during the fall and spring semes
ters, except during vacations.
Address: Daily Nebraskan, Nebraska Union 34, 14th and R
Streets, Lincoln, Neb. 68588. Telephone: 472-2588.
Material may be reprinted without permission if attributed to
the Daily ' Nebraskan, except material covered by a copyright.
Second class postage paid at Lincoln, Neb., 68510.
In the worst case-shutdown with no Immediate take
over of Chrysler facilities or employees by other com-panies-would
require governments to spend another $1.5
billion a year for unemployment assistance, plus
welfare paynjents for as many as one million family
members.
"It is doubtful that local coffers could support this
level of payment," the study said.
Losses of income taxes alone would amount to $500
million, in addition to reductions in sales and property
taxes, it said. For the U.S. eebnomy as a whole, the
shutdown would bring an increase of about $1.5 billion a
year in imported cars, it added.
The UNL Art Dept. is Campus Activities and
sponsoring 10 weekly draw- Programs is sponsoring an
ing sessions, beginning Activities Mart from 9 ajn.
tonight from 7 pjn. to 10 to 4 pjn. in the Nebraska
run. in Richards Hall 206. Union main lounge.
Fee is payable at the first
meeting.
The UPC Concert Com-
The Block and Bridle, jrittw will meet it 4 pjn In
steak fry will be held Thurs- the Union. Room number
day at 5:30 pjn. on the Bio. w11 be Posted
chemstry and Nutrition
Buildings' front lawn, East
Campus.
Free popcorn and enter
tainment Thursday. Join the
Home Economics Education
Association. A meeting will
be held at 6:30 pjn. in
Home Economics Bldg. 121.
The UPC Film Commit
tee will present the film
'Philadelphia Story" Thurs
day at 7 and 9 pjn. at the
Sheldon Film Theatre.
The Wildlife Club will
meet at Pioneers Park at
6 pjn. Cost. of steak feed,
$2.
UPC-East will meet at 6
pjn. in East Uniprt commit
tee room 9f.
est rstyjEoiaiKu?
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.... NMEUSEBBUSCM.INC
Circle K will meet at 6
p.m. in the Union. Room
number will be polled.
9 a jn.4 pjn.-CAP Acti
vities Mart, Main Lounge
10 ajn.-5 pjn.-AUF
Plantasia, Ballroom
1:30-2:30 pjn.-Person-nel
Orientation, Room 232
2:30-3:30 pjn .-Student
Activity Financial Services,
Auditorium
4-S pjn.-NUB Host
Hostess Committee, Room
216
4 pjn. -Elementary Ed
Student Teachers, Auditor
ium 4:45-5:30 pjn.-A.U.F.,
Room 402
5:30-7:15 pjn.-Gamma
Lambda Pledges, Harvest
Room A-B
5:30 pjnJ-Enneering
Toastmasters, Harvest
Room C
6 pjn.-Gamma Lambda,
Harvest Room A-B
6-7 pjn.-Circle K,
Room 232
6:30 pjn.-NUB Host
Hostess Committee, Room
220
. 6:30 pjn.-BiHiards 8-
Ball Tournament, Rcc
Room
6:30 pjn.-Mu Epsilon
Nu, Georgian Suite A
7 pjn.-UFC City "Holo
caust Viewing & Discus
sion, Regency Suite B
740 pjn.-N.U. Meds,
' Auditorium Conference
Rooms ,
7-9 pjnj-MASA, Room
401 . -
7 pjn.lASUN Senate
Meeting, Centennial Room
7:30 pjn.-Nebria
Union Board, Georgian
Suite B
; 7:30 pjn.-Math Coun
lelors, Room 225 B-C