Amarillo Daily News Briefs Aims Tuesday June 13 1972
Local page compiles short items from Amarillo area and national items. Brief notes on weather, events, and community updates reflect the Tuesday edition content.
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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 13, 1972
Page
4
Local page compiles short items from Amarillo area and national items. Brief notes on weather, events, and community updates reflect the Tuesday edition content.
An 18 year old graduate opens a checking account after a delay caused by bank policy requiring a cashing of checks first. She deposits funds at a second bank offering one year free checking. The tale contrasts hostile handling with friendly incentives for young adults entering commerce.
The piece rebukes politicians who supported sending U S troops to Vietnam yet now seek amnesty for draft evaders. It quotes a Navy father whose son died in Vietnam, condemning efforts to redefine the war as immoral. He defends the war as moral and praises the service of those who fought.
Editorials accuse the New York Times of falsehoods about SALT. Congress debates offensive weapons limits as Soviets could equip missiles with multiple warheads, shifting the ratio to four or five to one. Senators push for reservations to nullify if multiwarheads are used, amid worries of ignored wider consequences.
A columnist argues states weigh legalizing gambling to curb crime but cites Las Vegas and off track betting as failed crime controls. He notes government control may attract risk taking, cites Britain and Nevada, and quotes Carl Loeb on legalizing then nationalizing gambling. Mayor Frank Rizzo links gambling to a urge for quick gains and tax-free wins.
The author criticizes a Senate child development bill reported May 16, arguing it would unleash a costly and cumbersome national program. He cites projected costs of 2,372 per preschool child yearly with start up authorizations totaling 150 million and later up to 1.6 billion. He warns of bureaucratic maze, underestimating costs, and doubts the program will work, calling for family responsibility instead. He notes sponsors Mondale and Javits but remains skeptical of efficacy and administration challenges.
Washington pundit questions whether Russian leaders fear American power and fear of the SALT process. It argues Brezhnev Kosygin and Podgorny admire equality with the United States yet doubt Kremlin aims, suggesting Moscow judges US strength by intelligence and military innovation rather than propaganda. It ends doubting whether Washington press fully accepts Kremlin motives.
The remark emphasizes that impact lies in the effort behind the action rather than the sheer scale of the conflict. It frames resolve and determination as the true measure of power in any struggle.
The text cites Ecclesiastes 4 9 showing companionship yields shared labor and mutual support. It urges not to walk alone, advocating reliance on a friend or spouse. the preacher warns of danger when one falls without aid.
William D. Pardridge, a skeptical economist from Stanardsville, examines U S debt figures from 1967 to 1971 and argues that rising private and public debt, funded by nonproductive money creation, fuels inflation. He says DPR climbs from 2.03 to 2.26 and links debt growth to inflation, urging monetary economists to redefine money supply to include mass credit.
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