FLASHBACK 1980: Reagan inaugurated, Iran releases 52 American hostages...Submitted by emalvini on Mon, 01/21/2013 - 12:30
FREEZE SET ON HIRING
Californian Stresses Need To Restrict Government and Buoy Economy
By Steven R. Weisman
Special to The New York Times
Washington, Jan. 20 -- Ronald Wilson Reagan of California, promising "an era of national renewal," became the 40th President of the United States today as 52 Americans held hostage in Iran were heading toward freedom.
The hostages, whose 14 months of captivity had been a central focus of the Presidential contest last year took off from Teheran in two Boeing 727 airplanes at 12:25 P.M., Eastern standard time, the very moment that Mr. Reagan was concluding his solemn Inaugural Address at the United States Capitol.
The new President's speech, however, made no reference at all to the long-awaited release of the hostages, emphasizing instead the need to limit the powers of the Federal Government, and to bring an end to unemployment and inflation.