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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Feb 02, 1968
Page
4
The Bennington Banner is issued daily excluding Sundays and holidays by Banner Publishing Corporation at 425 Main Street, Bennington Vermont 05201.
The President's fiscal 1969 budget relies on optimistic assumptions about Vietnam, North Korea, and world events. Congressional resistance and a proposed 10 percent tax surcharge threaten the outlook. Defense accounts for $76.7 billion of a $186.1 billion total, with $56 billion for health, education, welfare, and labor, highlighting the emphasis on wartime needs.
Editor notes the Bennington School District could move pupils from 14 rented classrooms into the BCHS building now leased by Mt. Anthony Union High School District. The MAUHS plans for freshman use next year strain capacity, hinting at a future bond for additions and a potential new elementary school as parochial plans loom.
The article notes angry House harangues during a resolution censuring Vermont’s Education Board, with conservatives claiming turmoil from minimum standards and district consolidation. It argues the board aimed to improve schools, while critics discredited themselves. Bennington selectmen report a prudent 1968 town budget, with expenses $6,000 higher but a tax rate that will drop slightly due to a higher Grand List.
Analysis argues for patient, cautious policy as North Korea presses the Pueblo incident. It critiques American overreactions and warns that small Communist states seek to topple U S power, urging calm, strategic restraint and awareness of intelligence-politics tension.
The writer argues against universal State real estate taxation by fiat, urging taxation only to fund necessary services and noting that rising land values do not mandate higher taxes. He critiques Gov Hoff’s plan for a statewide $5 rate with a 7 percent income shield, calling it impractical and morally unacceptable while defending real estate value as wealth and warning against subsidies to speculators.
In Detroit the 10 per cent luxury tax is blamed for lagging January car sales and rising dealer inventories. Mills warns tax cuts may be needed to sustain a spring auto boom, while higher safety costs and Japanese imports deter buyers. Production plans rise, but real demand remains uncertain.
A UPI humor column jokes that finding deet in pink bollworms could let bollworms control cotton pests naturally, potentially boosting cotton prices as synthetic fibers wane. The piece playfully muses that farmers might let bollworms thrive, then harvest them, reversing the cotton crisis with a ironic flourish.
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