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This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Jul 10, 1962
Page
16
The piece recalls cycles of fiscal and monetary policy from 1932 to 1960 presidents, noting deficits and unemployment, and asks if 1962 administration thinking mirrors 1932. It argues for public discussion to guide national policy amid market declines and lingering economic questions.
Sen. Philip Hart cites hundreds of thousands of words from trade hearings to argue for tighter federal controls. He proposes industry wide standards and agency led regulation of labeling practices to curb abuses and protect free enterprise.
Over decades the United States and Russia tried to guide farming output with government programs. The U S effort to curb surpluses failed as did Russia's push to boost production. The piece argues governments cannot farm.
David Lawrence argues in U S News and World Report that the tax system is a hodgepodge of political chicanery that harms initiative and discourages entrepreneurship. He says lower income tax relief is not enlightened self interest and urges overdue overhaul of unfair and discriminatory taxation.
The piece criticizes the Rural Electrification Administration for proposing a model act that would bar new electric service within 1,000 feet of existing lines and pre empt municipal rights to decide power service. It argues REA has grown too large and should be reduced.
Dr. A. A. Sullenger a 45 year old radiologist from Vincennes Indiana drowned Sunday in Lake Lawrence near Lawrenceville Illinois. His body was found about 10 feet deep near a diving board after a brief swim. Revival attempts by two nearby doctors failed.
Trustee John A. Boone says the study of bids from five firms for four new township school buses continues. The total cost is estimated near 25 000 dollars. A decision is expected this week. Bidders include Thomas Body Co. Lafayette Carpenter Body Co. Muncie Blue Bird Body Co. Fort Valley Wayne Body Co. Richmond Oneida Body Co. Mechanicsburg.
Rep Richard Roudebush says the Area Redevelopment Administration blocked Ver million County Indiana redevelopment plan because no labor or educational representatives sit on the local committee. The ARA cited legal requirements for such representation.
The Kennedy administration publicly rejects de Gaulle’s push for a NATO largely defended by British and French nuclear forces. Secretary McNamara argues that nuclear alone cannot deter all threats, that independent European forces are inadequate, and that NATO must remain broadly interdependent with U.S. capabilities. The aim is to prevent European isolation and sustain alliance credibility.
Dr. George W. Crane discusses Clem G aged 43 who feigned injury to gain attention and insurance. He malingers to keep his wife’s care and societal sympathy, then loses the spotlight as recovery ends. The piece links menopausal longing for attention to male malingering in midlife.
A reader asks about restricting animal fats and a low cholesterol diet for heart patients. The column questions the link between dietary cholesterol and arterial disease and notes strong opinions from doctors and diet sellers, arguing fat flavor matters and scientific support is weak.
The Victory carried 104 guns in three tiers and required 225 crewmen from a total of 850 for gun operation. Carronades fired heavy round shot at close range, loaded with three hundred balls, and the grand magazine held thirty five tons of explosive powder ready to flood if needed.
A collage of quotations on daily life governance humility and human nature. The excerpts include remarks from Ronald Wanser Horatio Beanblossom and anonymous sources praising simple honest living and critiquing leadership while exploring bees and human behavior.
County auditors and city officials push to finish 1963 budget work this week. August 1 marks the deadline for petitions seeking levies revision for school and bridge funds. Civil city budgets must be published by August 9 under state law. Mayor Ralph Ferguson and City Controller Wilson Anderton are drafting next year’s city budgets.
Advice on mortgage versus stock sale, noting a $15,000 mortgage, $1,300 stock income, $11,000 salary, and four children. Recommends holding stocks, expecting inflation to be manageable, and debt to be paid gradually with cheaper dollars while stock values may rise. Also assesses Giant Yellowknife Mines as speculative and advises against buying at current high levels.
The article debates whether a Western economic bloc will be used to contain communism or to strike directly at the Communist world. It surveys European market ties, Rostow hints, Soviet moves in the Black Sea and oil routes, and the idea of strengthening Western economic power to deny the enemy the bases of strength.
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