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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Oct 31, 1977
Page
3
New York AP report notes that mid-size and large public companies fear raising capital gains taxes would curb growth and job creation. The Treasury hints at aligning gains with ordinary income and lowering dividend taxes, though big, mature firms would benefit most from dividend tax cuts while growing firms need fresh capital.
A 1970s committee argues that IRS proposals could steer funding to large established dividend stocks favored by cautious investors while starving smaller innovative firms. It notes pension rules and tax changes have already reduced capital available to small and medium firms, risking less growth and fewer new issues, unless investment incentives are broadened.
Nobel Peace Prize laureates for 1976 and 1977 were Betty Williams and Mairead Corrigan for Northern Ireland peace efforts. Amnesty International is praised as a worthy recipient for its universal defense of political prisoners and liberty, while grassroots Peace People groups grow amid ongoing sectarian violence.
From The Baytown Sun many local items appear: four Crosby youths killed in a car wreck near Crosby on Halloween night. Names given include Christian Dames Krenek Benny Rucka Jugs Mazac and Roland Mare. Co chairmen and community events noted with school and club activities across the region.
A king fears aging and a revolution withers his rule until his advisor hides the mirror behind a wall and replaces it with a window. The king sees hardship, then orders care for the vulnerable. Caring leads to sharing as the window reveals need. The text promotes a daily faith program Hour of Power hosted by Faverend Schutter in Garden Grove, California.
A brief scripture fragment appears with a line from Bible verse 8 32 referencing children and keeps my ways, with garbled text and nonstandard spelling. The readable portion mentions keeping commandments and a call to heed teachings.
In Metober It 1753 British dispatch leads to action as Washington is sent to secure French removal from the Ohio country, reflecting era tensions between colonial powers and invoking military posture in the dispute over North American territories.
Washington report notes the government targets 680000 Americans who default on federal student loans. Education and Welfare Secretary Joseph Cullinuty weighs private debt collectors, while HEW letters go to delinquent borrowers. The piece also covers nuclear policy debates with lawmakers and industry lobbying, plus a note on microwaves and health risks.
Highlights of notable events on this date include Martin Luther's 1517 act at Castle Church in Wittnersalem Germany, Dutch evacuation of what is now New York City in 1674, King's College royal charter becoming Columbia University in 1754, Nevada's AFL status in 1864, Princess Margaret’s 1995 radio statement, and other mid 20th century milestones.
The Baytown Sun announces staff roles and publishing details including editors Leonard, Wadley, Hornberg, Hartman, and Debary as editors and publishers. It lists circulation rates, delivery, office locations at Baylawn drive and Baytown, and notes the paper’s affiliation with Associated Press and Connter Publications. It also mentions letter policies and rights regarding republication and signed letters.
Reader asks why stopping smoking caused thigh and buttock weight gain and if grapefruit juice calories drive fat gain. Dramb advises water and walking to curb urges, notes fat gain often from substituting eating for smoking, and that fatty liver can stem from past damage or diet. Reassures not always leading to cirrhosis and suggests lean red meat and B vitamins are helpful.
The text presents a quiz from The World Almanac about Christopher Columbus and his three voyages, alongside facts on American law school consumption and time zone comparisons. It includes questions about when it is in New York City versus Tokyo and asks for correct time interpretations.
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