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Athens Messenger in Athens, Ohio

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Athens Messenger

Location

Athens, Ohio, United States of America

Date

Mar 25, 1968

Page

4

Two-Price Gold Decision Shapes Global Finance

The article explains how the United States and allied industrial nations maintain a $39 billion gold hoard for government use while allowing a free gold market among nonmember speculators. The currency exchange among these defense nations aims to protect the dollar and other major currencies from attacks by nonmembers as they work toward a broader agreement.

United States

Paper Gold SDRs proposed by IMF members

Close Call even before the gold crisis. Paper Gold would create a global monetary unit backed by industrial nations and grant IMF SDRs to settle international payments. Backed by massed credit, SDRs aim to equal gold value. Timetable sped to curb gold drain, needs legislative approval, at least a year away. Lesson: tailor government spending to income, choose higher taxes or cuts, stop deficits.

International Monetary Fund IMF

New Yorkers New Job Economic Growth and Teen Unemployment

New York data show the labor force and total employment rose by 1.5 million year over year, offsetting entrants with job gains. February unemployment held at 3.3 million, while nonfarm payrolls grew 550,000 led by construction, reaching 3.5 million. Women and teens boosted overall employment to 74.1 million.

Insurance Company

Gold Market Trembles as Speculators Dump Gold

The gold pool ends the two price system as speculators rush to dump hoarded metal after the dollar is retained at 35 dollars per ounce. France and De Gaulle are sidelined while IMF statistics will reflect shifts in member holdings for the first time.

France United States International Monetary Fund de Gaulle Lone Wolf

American Nightmare II on segregation and school funding

Joseph Alsop argues that welfare programs cannot solve the American nightmare of racial segregation without addressing educational inequality. He cites Stodolsky and Lesser on how family background shapes achievement, urges massive investment in schooling for poor neighborhoods, and supports higher taxes to fund expanded teacher recruitment and new schools to close the racial education gap. He calls for prekindergarten, stable schooling, and extended More Effective Schools initiatives to prevent future inequality.

Boston New York Higher Horizons America

Federal funding of arts and humanities under debate

A conservative critique questions federal support for arts and humanities endowments, led by Rep John Ashbrook. It notes proposed $11.2 million for one year after a $135 million two year plan, arguing Constitution limits on federal funding of poets, actors, and dancers while science grants far outweigh arts. It recalls $10,000 and $5,000 grants to multiple authors and artists and argues market discipline and constitutional limits should guide spending.

House of Representatives Ohio John Ashbrook House National Arts and Humanities Ashbrook National Institutes of Health National Science Foundation National Defense Kenneth Patchen John Berryman Louise Bogan Malcolm Cowley John Crowe Ransom Yvor Winters Patchen California

Scotland Hit by Heavy German Air Raids First Time in Two Years

The Messenger reports heavy German air raids inland in Scotland for the first time in two years, with incendiaries dropped. Samuel Carter Langley, 66, a Nelsonville barber and former baseball umpire, died of a heart attack at his home. The U S steamer Chattahoochee sunk off England by a German sub, but 78 crew saved. The steamer was formerly German, seized on war declaration. H L Wheaton and Crooks Hardware Co received a shipment of 100 lawnmowers. The ad proclaims quality lasting longer than price.

Scotland Samuel Carter Langley Nelsonville Barber U. S Chattahoochee England H. L. Wheaton and Crooks Hardware Co

Air and Naval Reserves Call-Up Bonded Like Family

The call-up of Air and Naval Reserves is accepted as necessary, but a welcome fact stands out. Drawn as units from localities, the men feel they are going like one family, making the response easier for many.

Waiting You Can Never Hurry a Wife or Army

Mal Boyle riffs on the shared rule of both marriage and military life hurrying up to wait. He jokes that men spend decades waiting for wives to act and offers ten lighthearted remedies to pass the time, from sleeping more to ventriloquism and chinchilla farming.

Appreciation for Fire Department Response on March Baker Road

A letter from locals thanks Richland Avenue Fire Department The Plains New Marshfield and the State Forestry Service for rapid help during March 19 fires on Baker Road. Gratitude extends to neighbors and citizens who worked tirelessly until the blazes were out.

the Messenger Richland Avenue

No Light Protestor Pleads For Crossing Light

A 10 year old girl from Carriage Hill writes to Athens officials asking for a traffic light at Richland Avenue after noting friends on Mulligan and Hooper cannot cross the highway safely. She signs as Martha Wilhelm, Carriage Hill.

the Messenger Richland Avenue Mulligan and Hooper Martha Wilhelm Carriage Hill Athens

Berkeley Doctorate Boom Surpasses Nation in Output

The University of California at Berkeley, after recent bad publicity from a few demonstrators, has emerged as the nation’s leading producer of academic doctorates, proving the rioters did not represent the school.

University of California At Berkeley

Athens Messenger Rate Card and Mailing Info

The Athens Messenger details daily and Sunday single copy prices and carrier delivery rates. It lists mail rates in Ohio and West Virginia and elsewhere in the U S, with weekly and multi week options and renewal terms. The notice is addressed to Senne Co at 43 W Union St Athens Ohio 45701.

Ohio West Virginia U.S. & Possessions Athens Post Office Messenger Senne Co W. Union St Ens

Also Mentioned on This Page

New Yorkers New Job Joseph Alsop Susan M. Stodolsky University of Chicago Gerald Lesser Harvard Lesser James Kilpatrick National Endowment For the Arts Hayden Carruth Robert Duncan Maxine Kumin Robert Peterson I. L. Salomon William Gaddie Ivan Gold Caroline Gordon Wallace Markfield Tillie L. Olsen Grace Paley May Sarton Michael Seide Isaac Singer Richard Yates Isabel Bolton Jeremy Larner Hollywood Harry H. Pearson, Jr Buffalo River Arkansas Ozark Hill Mona van Duyn South Southwest New Orleans New Mexico The Small Society Brickman Mal Boyle Appreciation Berkeley the Athens Messenger Associated Press
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