Elkhart High School - Pennant Yearbook (Elkhart, IN)

Page 30 text:

 PRESIDENT REAGAN talks with Soviet leader Mikhail Gorbachev during arrival ceremonies at the White House. The three-day summit meeting led to the signing of a nuclear arms control agreement. IN AN EFFORT to keep the Persian Gulf open to navigation, the United States began in July to escort vessels to protect them from Iran. DEMOCRATIC PRESIDENTIAL CANDIDATE Gary Hart was forced to drop his bid for the presidency after it was reported that he was romantically involved with Donna Rice, an aspiring actress and model from Miami. 26 CURRENT EVENTS

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“BLACK MONDAY.” Monday October 19, 1987, the Dow Jones industrial average dropped 508 points, the largest in history. It stripped S500 billion from the market value of U.S. securities. THE GOLDEN GATE BRIDGE in San Francisco celebrated its 50th birthday. About 250,000 people jammed onto the bridge for an anniversary walk across the span. TELEVISION EVANGELISTS Jim and Tammy Faye Bakkcr said farewell to the PTL ministry in March. He resigned after confessing to a sexual encounter with a young woman. She bowed out of the broadcasts to undergo treatment for drug dependency. CURRENT EVENTS 25

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THE STARS STRIPES completed a 4-0 sweep over Australia's Kookaburra III in the race that took place in Australia. Dennis Conner was the captain who won back the America’s Cup. PIERRE MORAN MIDDLE SCHOOL was one of the three middle schools under construction for remodeling during the ’87-’88 school year. ELKHART POLICE cracked down on cruisers on Main Street. Emergency lanes were set up and people caught using these lanes were ticketed. MAYOR JAMES PERRON displays his Taiwan souvenirs that he collected on his trip after being re-elected mayor of Elkhart. CURRENT EVENTS 27