21 Jan 1972
Page 1
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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 21, 1972
Page
1
Speculation rises that the value added tax could be proposed to ease property tax burdens as Nixon discusses school financing. Officials and lawmakers express skepticism about quick passage and warn the tax may face resistance in Congress.
Legal actions filed in federal court in Dayton challenge Ohio’s new congressional redistricting law signed by Gov. John Gilligan, creating uncertainty over election plans and delegate selections.
McGraw Hill and Life magazine defer publishing of an Howard Hughes biography while Swiss bank account questions arise over checks endorsed to H. R. Hughes. Clifford Irving asserts Hughes collaborated. Hughes denies meetings and payment. A Nevada publisher seeks to block the book and Life articles amid constitutional challenges and broader political redistricting litigation in Ohio with potential deadline shifts.
Democrats attack Nixon State of the Union as empty and risky for busy legislative aims while Muskie and Humphrey urge live responses. Nixon presses education financing via local control and hints at a possible value added tax amid defense spending disputes and economic criticism.
The United States reports the loss of two F4 Phantom jets over Laos with both crews rescued within 30 minutes. A helicopter went down near Hue wounding two, while B52 raids continued along the central highlands. The 101st Airborne began standdown after 6½ years in Vietnam with withdrawal set by January 31.
The Ohio University Bobcats vs Miami University Redskins game will air tomorrow at 1 30 p m to about 500 000 homes across a four state area as the Midwest TV Game Of The Week on stations including WMAQ WEWS WLWC WLWT WLWD WSPD WSAZ WFMJ and WOOD. A separate city election case sees Urbana College students asked to vote in a special election after a district court ruling on residency and voting rights.
Cincinnati agency suggests the U S Postal Service could earn about 100 million dollars a year by selling advertising on postage stamps. The idea was referred to the stamp advisory committee after presentation to Assistant Postmaster General William Dunlap. The proposal notes the postal service faces a multibillion dollar annual deficit and is cited by David Pritchard of Pritchard Inc as a justification.
Government data show a 0.4 percent December rise as inflation nears a four year high. Food prices jump 1.1 percent led by fresh fruits and vegetables, with housing and health costs up 0.3 and 0.2 percent respectively.
The Commerce Department reports a 6.1 percent real GNP increase in the fourth quarter of 1971 as inflation slows to 1.5 percent, while full-year 1971 growth averaged 2.7 percent. Transportation and other sectors varied, with overall economy showing improved momentum yet high unemployment persisting.
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