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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Jul 14, 1962
Page
4
The Bennington Banner is published daily except Sundays and holidays by Banner Publishing Corporation at 425 Main Street, Bennington, Vermont.
The Kennedy administration weighs big depreciation allowances and tax credits to spur modernization as GE reports a 12 percent sales rise and IBM posts record six month profits. Analysts debate whether gains reflect policy or corporate management, yet signs point to a friendlier climate for U.S. industry.
The Buick Rivi era signals Detroit moving from compact models to high powered luxury vehicles. At over 17 feet and 340 horsepower the car aims for 110 mph, rivaling the Ford Thunderbird and Studebaker Avanti. Critics question safety and road limits, urging speed control in manufacturing.
On July 4 a tan panther or mountain lion was seen by Dr. William J. Burnham and his brother Dr. John F. Burnham with three children near Somerset Dam while en route to a campsite. The animal bounded across the road about 100 yards away and disappeared into the woods. Sightings of the same animal were claimed by three others in the area, with drought affecting fishing as water levels drop and trout bunch in deep holes.
A New York MoMA exhibit titled Recent Painting USA The Figure probes whether abstract expressionism loses dominance as representational works gain traction. Critics including Hess Canaday and Barr Jr weigh in on the shifting balance between realism and abstraction and the museum role in guiding taste.
In a Michigan address Secretary McNamara rejects any plan to initiate nuclear war and explains a controlled response stance. He argues the United States would hit enemy bases if forced, while stressing deterrence and the lauded Pentagon mastery.
Time Magazine reports controversy over cholesterol and heart disease with Dr. Arthur M. Master noting experts disagree on causation. The piece highlights uncertainty about diet lowering cholesterol and reducing heart risk, while public interest shifts toward fats and oils in daily meals.
Conformity to standards costs nearly a billion dollars yearly in U S industry and guides safety, interchangeability, quality, and convenience. Drs Master and Jaffe warn against diet overemphasis while endorsing moderation. Industrial groups like SAE, ASME, and NEMA steer automotive and consumer standards affecting homes and workplaces.
The Vermont Department of Education announced a study group to examine high school dropout causes. The piece notes costs, transportation, home support, and Aid to Dependent Children issues as factors, and suggests civic groups sponsor $25 or $50 scholarships to help financially strapped students stay in school.
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