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Baytown Sun in Baytown, Texas

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Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

Mar 29, 1972

Page

7

Lobbyist Power Ties to Campaign Money Across Washington

Washington lobbyists wield influence through campaign contributions from ITT and the American Trucking Association. Senators and representatives question whether pledged funds swayed legal actions or policy decisions while defenders call lobbying essential, open, and legitimate.

Chet Holifield D- Calif U.S Washington Interist Richard’ Bolling D-Mo Bolling Congress Capitol Hill George Meany Harm Afl-Cio Itg

Stocks Prove Good As Long Term Investment

New York AP notes Wright, a veteran investor, argues that stocks offer better long term value than bonds amid inflation. He claims fixed income loses purchasing power and cites Dow averages showing stocks outperforming bonds over time. Dividend taxes are separate from capital gains, often at lower rates.

New York Wright Fife John Winthrop Wright U.S.A AG Gm

Also Mentioned on This Page

Dita Beard International Telephone & Telegraph Corp ITT Senate Judiciary Committee Justice Department Harold C. Lovre American Trucking Association Rep Gerald R. Ford House Lovre South Dakota Charles. E. Bennett D-Fla House Select Committee On Ethics Olin E. Teague D-Tex Teague Unions Suena Dallas Arm COPE Lee Spradlin Ma. Senate Medical Association Dick Turner Caladiuims Astroworld Lewis & Coker California Coca Cola Olson Miller's Beer WOZ Maxwell House Betty Crocker Pate Elles Good Cmy Lewes & Core Ejbrownie Mix Lipton Instant Lewas & Corba Lews & Congr Opes
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