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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jan 01, 1963
Page
3
A census of stock ownership shows 1952 shifts in who owns stocks with one in six Americans holding stock and over 17 million shareholders. Housewives form the largest group, and many more are indirectly stockholders through life insurance and savings accounts. The public clings to capitalism despite internal and external critics, supporting real public ownership over socialism.
The piece contrasts the federal Rural Electrification Administration with privately owned REA cooperatives. It notes subtle government support via cheap REA loans, tax-backed subsidy benefits, and fewer regulatory costs for co-ops compared with investor-owned utilities, highlighting taxpayer-funded advantages.
A Turkish observerinside Cuba reports severe shortages and a growing anti Castro sentiment. Food and basic goods are scarce while the prisoner of revolution keeps a police state in place. Cuban support has collapsed among many observers and leaders question Castro’s grip into 1963.
A 1962 General Features Corp. dispatch surveys Brazil's political strain under President Joao Goulart, noting inflation, leftist cabinet pressures, and fears over his power. The piece cites U.S. caution on aid, tax policy shifts, and Brazilian debt while outlining investors' questions about tax exempt municipals and market prospects.
A psychologist warns of tobacco linked heart deaths and medical losses. He cites cases, earnings tied to smoking, and costs to families, arguing vested interests suppress facts. He cites figures on smoking costs, premature death, and the toll on health and finances.
The debate centers on immediate tax cuts to spur growth and reduce recession risk. Kennedy and alignment with the Chamber of Commerce urge tax relief to boost economy while opponents warn of rising deficits and delayed revenue. Key figures include Ladd Plumley of the U S Chamber and Sen Byrd weighing recession risk against revenue needs.
The Indiana Traffic Safety Foundation endorsed a full set of traffic safety legislative proposals to be introduced after the 1963 Indiana General Assembly convenes. The action signals strong support for stricter rules and preventive measures aimed at reducing accidents on Indiana roads.
In Howard and Madison counties the Democratic county chairman was dismissed from the Kokomo license branch by the state administration amid a clash over surplus profits. Sixty two Howard County committeemen urged Gov. Welsh to overrule State Chairman J Manford Core, labeling his action high handed. The Madison County chairman William Norton was ousted as branch manager, triggering behind the scenes bickering while precinct leaders mostly kept quiet to avoid public dispute.
A reader questions the effectiveness of vitamin D and calcium injections for cramps and migraines, urging a balanced diet and sustained treatment. The piece discusses tax rules for foundations, physician clinic claims, and Dr. Brady's guidance on calcium, vitamin D, and patient correspondence.
A reflective verse urges readers to greet January 1 1953 with faith and resolve. It speaks of a fresh page of life and the potential for fortune or loss, urging daily commitment to living according to "God's own good way."
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