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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Jan 23, 1973
Page
3
A Wall Street Journal defense of Nixon price control phase shifts is quoted. It argues Phase II mispriced basic foods like steaks eggs by freezing hi fi sets and fur hats, causing demand shifts. The piece notes rising money supply and consumer spending drive foods up and questions the logic.
The Atlantic City Street renaming flap over Baltic and Mediterranean avenues became a national story. Fans collected Monopoly money to fund their cause while Parker Brothers chief Edward P. Parker defended the streets as iconic. Princeton student Robert Baker organized Students to Save Baltic and Mediterranean, proclaiming the struggle a last stand against Board Walk and Park Place power.
In a reflective piece Ernest Cunegq discusses Turk Edwards and other football greats facing post career emptiness. He warns against chasing alcohol and applause and notes the pain of leaving the locker room behind.
The Baytown Sun lists editors Preston Pendergrass and Jim Finley and Wanda Orton as staff or credits. It notes postal handling as second class matter at Baytown Texas 77520 and provides publication schedule and addresses. Subscription rates are given with monthly and yearly figures, plus single copy price. The notice also lists national representation by General Advertising Service and U S Suburban Press and Coastal Publications and credits the Associated Press for certain news dispatches with rights reserved.
Senator Tower blocks a public opening of the Senate Banking Committee meetings despite Proxmire and Packwood urging openness with exceptions for classified data. The exchange highlights the clash between bankers’ influence and public access, with Sparkman cautioning against open marking up sessions.
Dr Lawrence Lamb discusses gout causes and diet. He notes uric acid buildup and the role of body production, advises a low protein, calorie controlled diet, limited meat fish and poultry, fortified dairy, and caution with alcohol. He mentions vinegar pickles and fresh tomatoes as acceptable.
Washington based editorial notes the 1973 tax rate set at 5.85 percent for workers and employers, rising toward 6.25 percent through 1997. It references a Brookings study by John A. Brittain arguing the Social Security levy is regressive like a flat sales tax, with concerns over fairness and long term rate increases.
Treasury officials note 20 million low income workers paid payroll taxes even with no income tax. Critics led by Brittain argue the system is regressive and burdens workers, while employers pass costs via prices or lower wages. The debate centers on the escalating share of Social Security in federal revenues and its defined insurance role.
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