(Photo by George Vogel)

TALKING ECONOMIC POLICY: In his first official address as chairman of the Federal Reserve, former Princeton University Economics Professor Ben Bernanke discussed the importance of price stability in monetary policy at Richardson Auditorium Friday, capping a daylong event that focused on government service. See story on page 5.

Borough Steps In as Contractors Feud

Matthew Hersh

Under increased pressure to hold public discussions on the slow-moving progress of the Princeton Borough Downtown Redevelopment project, Borough Council was scheduled to hold an initial hearing last night as the municipality starts closing out Phase I of the project.

University Program Could Help Increase Public Service Careers

Matthew Hersh

Princeton University is launching a six-year program to encourage more students to pursue careers in federal government, this at a time when the University has been accused of not being aggressive enough in that area.

Democrats Have November In Mind as They Seek Hearon's Replacement

Matthew Hersh

Princeton Township Democrats continue to search for someone to fill the seat on Committee that opened when Bill Hearon abruptly announced his resignation last week. He had been in the final year of his freshman term and up for re-election; his resignation will take effect March 31.