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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jul 26, 1962
Page
4
The treasury notes a 6.3 billion deficit for the year, the second largest in peacetime except for 1953 wartime carryover. Since World War II, deficits total over 34 billion in 16 years, with peacetime spending near 88 billion and forecasts toward 100 billion this decade as centralization and welfare programs swell costs, fueling calls for fiscal conservatism.
The Nike Zeus system intercepted a dummy warhead at long range in a pioneering act. McNamara called it a complete intercept while defense analysts weigh full production and broader shield plans.
Representative William E. Miller and Senator Barry Goldwater escalate personal barbs against President Kennedy. The move marks a shift in Republican tactics amid weak economy and stalled legislation, with risk of backfire or large gains depending on voter sentiment.
A critique of James T. S. Porterfield from Stanford argues that dividend increases signal lack of profitable use for funds and that investors seek immediate returns. It condemns diversified acquisitions and elite management as misaligned with small, newer firms and cautions that shareholders demand prompt returns over long-run gains.
A reader asks how to address a noisy neighbor who waters and talks early, Abby suggests a polite talk first and law only if 5:30 a.m. becomes unreasonable. A second reader praises TOPS for weight loss. A third asks how to handle a mother’s male friend seen as risky. Abby recommends a candid mother-daughter talk.
Personal case profiles Clyde Z a 61 year old millionaire bachelor who joined the Scientific Marriage Foundation to widen his prospects yet remains indecisive. He seeks a wife aged 30 to 35 who wishes a family but finds most women prefer partners closer to their own age or younger.
James Marlow reviews General Taylor becoming chairman of the Joint Chiefs of Staff amid friction with McNamara. The piece recalls Taylor’s clashes with Eisenhower over army size and JCS reform, the Viet Nam debate, and Kennedy’s shift from massive retaliation to a balance of forces strategy.
A reader letter critiques economic and political pressures on homemakers, arguing education prompts awareness of gender inequality and public life absence. It notes wartime labor strains, media, church and state shaping roles, and jokes about Mr Homemaker’s kitchen duties while Mrs Homemaker contends for choice and recognition.
The Perry County Democratic Executive Committee announces changes to the November slate. Ralph R. Peyton of Shawnee will run for county auditor replacing Wayne Rotash, who received 870 votes in the May primary. Rolland Curl of Crooksville will seek county commissioner replacing Earl J. Miller, who had 976 votes. both Rotash and Miller withdrew.
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