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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 19, 1962
Page
2
The Monday deadline sets regular stock sales for capital gains in 1962. Losses from stocks may be claimed for 1962, with tax selling underway and heavy activity among institutions and mutual funds. After tax selling ends a year-end rally may appear, though 1962 showed a severe early-year downturn before a late spring recovery.
The text recounts Sir Winston Churchill denouncing the Labour Party and the welfare state in a British political rally. He warned that socialists concentrate power as conditions worsen, turning individuals into wards of a growing state, aided by 700000 officials and 25000 regulations. He framed socialism as eroding personal liberty and turning people into helpless serfs.
In 1959 the MMSA bought drugs from Italian firms for lower prices, a scheme that led to indictments for stealing tetracycline cultures and questioned the claimed taxpayer savings. The AMA News argues foreign drugs threaten U S research, jobs, and American health, urging caution.
The article contrasts capitalist systems with state controlled ones and notes strong Western faith in the future of free enterprise. It cites that about 10 percent of the U S population owns stock and, per Anthony Sampson, England shows a similar trend with three million investors in 1980. It highlights that many investors are workers and young people.
The writer argues that federal money used in joint projects is not truly free since the government earns from its broader activities. He contends that there are no truly free federal funds and that some profits arise from government involvement in business.
A reader asks about cashing Series F Savings Bonds after maturity. An advisor confirms no interest accrues post maturity and advises cashing soon to reinvest. The column weighs stock plans, recommends a cautious approach and prioritizes intelligent long term investing.
The column discusses Rev. Arthur Howell a modestly paid preacher whose eight sons mostly joined the clergy while noting the disparity with higher earning executives. It highlights his influence on youth idealism, the role of clergy in social projects, and mentions Howell's family in Michigan and Indiana, with digressions on political figures and Fort Sumter.
A 30 man investigating team begins on scene work at the Robena No. 3 mine disaster. They will conduct on site inspection and hearings to determine the cause of the December 6 explosion that killed 37 workers. The effort involves state and federal agencies and the United Mine Workers and U S Steel.
A fragmentary discussion blends a poem noting accented terms with Civil War trivia. It suggests the letter H as a common element in a set of words and contracts into a historical aside about generals and ships, outlining a puzzle and its answer.
The article discusses British views on interdependence with the United States and Red China, noting Kennedy’s stance on independent strategic aims. It also covers U Thant’s UN role, Soviet colonialism, and Kaiser Steel’s move toward profit-sharing with workers amid automation and retraining plans.
A reader letter discusses liquor exposure to children and the dangers of early drinking. It cites Father Pfau's memoir and the shift in attitudes toward cocktails, noting the role of elders in shaping teen choices and referencing a U.N. vote on ending colonialism.
Instructions for sending brief signed health letters to Dr Brady by mail. Respondents must enclose a stamped self addressed envelope. Due to volume only a few replies possible. Address Mr William Brady 265 El Camino South Beverly Hills Calif.
A fragment recalls a sacred Christmas carol nicknamed Portuguese Hymn with disputed authorship. It notes the hymn’s wide recognition in England France and Germany and mentions a long church melody associated with the piece.
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