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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Jan 25, 1962
Page
4
The Bennington Banner, issued daily except Sundays and holidays, is published by the Banner Publishing Corporation located at 425 Main Street in Bennington, Vermont.
Walter Foeger of Jay Peak argues skiing needs solid statistics and trained managers to avoid running resorts on guesswork. He counters Donald Cutter's five year moratorium idea and critiques reliance on publicity reports over concrete data. He calls for business and engineering oriented leadership.
The article notes a dairy milk glut from overproduction and reduced demand, prompting Agriculture Secretary Freeman to consider limits on milk sent to market and on full price supports. Former Rep. George McGovern proposes a world school lunch program to use surplus milk for 500 million children, costing about 246 million annually.
Article discusses the 1963 budget as a landmark shift toward using deficits and surpluses to steer economic cycles. It notes President Kennedy aims for a moderate surplus now, with flexibility to run deficits to counter recession, and compares to past administrations and Eisenhower policies. It highlights the limitations of the administrative budget and emphasizesalternative budgets and the impact of trust fund transactions on the economy. It also cites critics like Sen. Byrd and Sen. Keating who warn of potential deficits and overoptimism.
The piece argues the United States should avoid reactionary policies amid global tensions. It urges liberal internationalism and conservative institutions, rejects conspiracy fears, supports space and development competition, and favors coexistence over total victory.
The New York Herald Tribune notes the Three-I League has folded after 61 years, a minor circuit whose obscure charm symbolized distant small towns in Indiana Illinois and Iowa. Baseball endures, but the Three-I era is over for good.
Silver speculators dumped part of their hoard after prices jumped from 91 1/2 to 104 1/2 cents an ounce between late November and December. President Kennedy urged Congress to free silver from government control and use it only in coins, step one toward demonetizing silver.
Composer Igor Stravinsky attends a dull piano recital with a friend. He notices the companion asleep and whispers for them to wake up, joking that the snoring is unbearable. The friend denies snoring, forcing Stravinsky to realize what woke him.
Letter writer from Ludlow argues there are too many ski areas and that many fail financially. He advocates targeted training and a business school for ski managers, citing Jay Peak and cross border growth as proof that good layout, publicity, and personal outreach drive sustainable operation.
A Vermont House vote defeated Rep George H Hamilton's plan to let towns repeal the personal property tax in favor of a local income tax. Lawmakers argued for a 25,000 study before altering local taxation and opposed the farm property tax relief schemes seen as illegal deals with industries. Hartland.
New York AP column offers a collage of odd facts and quips. Notes include Nigeria’s dentist shortage, Athens smokers cars, a Royal beret decree, and a garlic loving Greek car request. Alaska’s sparse population is contrasted with the U S average. Quotable bits cite Josh Billings and famed families.
Dr. von Braun, famed rocket scientist, argues that intellectual capital rather than water real estate labor or cheap taxes sustains industrial growth and regional development. He emphasizes skilled minds as the key asset in attracting and sustaining industry.
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