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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Jan 04, 1968
Page
4
The Bennington Banner is published daily except Sundays and holidays by the Banner Publishing Corporation at 425 Main Street Bennington Vermont 05201.
President Johnson faced a mounting balance of payments crisis with a record December drain on gold and a 1967 deficit projected at 3.5 to 4 billion. The article notes long term outflow of dollars from private investment, government spending, tourism, and Vietnam costs, and outlines aggressive steps to cut deficits by at least 3 billion, including curbs on private investment and travel.
Bennington legislators and Gov. Hoff clashed over a possible ten year delay in building U.S. 7. They push for more bonding and taxes to speed up the project, while fiscal caution lingers amid competing demands. Officials hope to initiate construction by the mid-1970s, reflecting a shift toward a north south highway for southwestern Vermont.
In Nassau the tourist boom brings 900,000 visitors in 1967 while stark inequality divides the population. Premier Lynden Pindling works to reconcile rapid affluence, Bay Street corruption scandals, and calls for change without upsetting capital inflows from American, Canadian, and British sources. The royal governor and imperial symbols persist as Pindling advocates orderly evolution.
A column muses on the Roman god Janus as a metaphor for January and calendar systems. It traces Janus’s two faces to time and custom, discusses Julius Caesar and Augustus calendar changes, notes Omar Khayyam’s calendar work, and warns of human folly in modern planning from water purity to dam projects and climate impact.
The report details Sir Lynden Pindling facing a difficult balance as a second casino opens on Paradise Island, a resort developed with American investors including Huntington Hartford. It highlights challenges in maintaining public support while attracting capital for development and curbing skimming abuses in Las Vegas style gambling.
The piece argues that U S intellectuals often oppose wars only to reverse sentiment after decisive victories. It cites historical examples from 1812, the Civil War, and Spanish American War, noting poets scholars and politicians who opposed conflicts then gained influence when victory arrived, and warns current opposition to Vietnam may echo past cycles.
The editor defends Col. Robert Gilroy in a discussion of sign control regulations. Rep Theodore M Riehle Jr praises the colonel for his stance and the proposed changes, noting the Green Mountain Motel Association previously opposed the bill but backs it now with altered procedures.
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