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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Sep 09, 1966
Page
2
Editorial warns the Johnson Humphrey administration will pursue unprecedented economic controls after the November elections. It criticizes planned tax rises, wage and price controls, rent freezes, and expanded federal programs, arguing these moves will burden average taxpayers while funding abroad and poverty programs.
The United States shows a drop in gold reserves by 74 million in recent weeks, leaving total holdings near 1 billion dollars, the smallest since 1938. Foreign nations hold about 30 billion in claims, and analysts say full repayment would be impossible. The era of foreign aid totaling over 100 billion is cited as a key factor in the vulnerable financial stance.
The Johnson administration added 47,082 civilian employees in July with Agriculture Department numbers leading at 16,439, followed by the Post Office at 0,590, HEW at 2,603, and Treasury at 3,054. For the year ending June 80, LBJ increased Great Society payrolls by 338,526. Critics note a growing deficit near 10 billion and a 5300 billion debt while contrasting this with a capital area skating rink proposal and a multi million dollar Humphrey mansion idea.
Readers caution administration downplays living cost increases as Bureau of Labor Statistics month reports show a larger rise. Projection for 1986 tallies a 3.6 percent gain, versus 2 percent in 1965, marking an 8 percent higher rate for 1986 over 1965 according to the Christian Science Monitor.
Roger Spear discusses how book value and earnings influence stock prices, comparing IBM and Pratt & Lambert. He notes earnings power matters more than debt in rating, advises on reliable financial reports, and urges buyers to seek extensive company data before investing.
The Johnson administration has decided Rusk will remain secretary of state for at least two more years, with President Johnson unlikely to replace him before 1966. Under Secretary George Ball may be replaced by a within-department candidate, and plans for a broader top-level reshuffle are on hold.
A circular letter from the Minds chapter of the Arthritis Foundation features Stanley Enlund claiming scientists have learned more about arthritis in ten years than in the previous millennium. The text brands modern doctors as racketeers exploiting patients with numerous “types” of arthritis while promising crippling prevention. It argues arthritis is nutritional deficiency and urges calcium, vitamin D, iodine, and B-complex correction as a life plan, offering a paid lesson and a health fund appeal.
Roland P 28 seeks help to break a brother-sister feeling toward the girl next door whom he hopes to marry. The adviser explains earned love and urges dating through the "romantic motions" to trigger true romance, with a follow-up promised tomorrow.
A compact note by William Wade surveys long forgotten Indiana phrases such as whang meaning a pungent odor or a flexible rawhide, and “side on the fence” for a threes defeat. It recalls euphemisms for death like laid on the shelf and cross the Great Divide, plus terms like elephant ears, notched stick, hawkeye, folderol, and slowfoot reflecting frontier speech.
A Washington Star Syndicate column critiques The Economist for urging containment of Chinese and Vietnamese Communism, while detailing professor Swearingen’s study of who signed anti Viet Nam petitions. It highlights that many signers come from non foreign relations disciplines and questions the credibility of scholars’ foreign policy influence.
James B. Martin recounts naval flag milestones including John Paul Jones saluting France, Livut Chas. O Bannon raising the first American flag over a foreign fortress at Fort Derno, Africa in 1805, and notes on early vessels such as the Washington Parke Curtis carrier and the Ranger.
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