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Bennington Banner in Bennington, Vermont

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Bennington Banner

Location

Bennington, Vermont, United States of America

Date

Oct 29, 1971

Page

2

Senate tax form delay tied to lawmaker power and gifts bill

In Washington, a Senate dispute over a small gifts-for-troops bill delays printing of 1971 tax forms. Treasury Secretary Connally warns of unprecedented inconvenience if forms are late. Senator Stevenson seeks a $700 personal exemption for 1971, framing it as vital for consumer spending. The House had approved a $675 exemption as part of a broader tax-cut measure benefiting business, while Stevenson argues for a larger cut aimed at individuals. He asks to delay action on the attached provision to press for more relief for taxpayers.

Washington Sen Adlai E. Stevenson III D-Ill Senate U.S Vietnam Senate Finance Committee House Nixon Connally Treasury Congress Stevenson Mike Mansfield John B. Connally Saigon

Senate panel approves new depreciation rules

The Senate Finance Committee voted 12 to 2 to enact more liberal depreciation rules, saving U.S. corporations 13.2 billion in taxes over five years. The plan allows machinery to be depreciated 20 percent faster, cutting write offs from ten to eight years. Critics cited constitutional concerns about Congress’s taxing power, while supporters said it would spur modernization. the package also includes a 9 billion tax cut from an investment credit for new equipment.

Washington UPI Senate Finance Committee U.S Treasury Congress Edmund S. Muskie Dmaine Henry S. Reuss D-Wis Common Cause Citizens’ Lobby Ralph Nader Consumer Advocate Senate Committee House Russell B. Long D-La Gaylord Nelson Nelson Senate

Brezhnev and Pompidou Hold Unscheduled Paris Talks

Soviet leader Leonid Brezhnev and French President Georges Pompidou held an unscheduled private meeting in Paris to discuss China and Vietnam amid Brezhnev's Western visit. Gromyko said talks with Maurice Schumann were friendly. Brezhnev toured the Renault plant at Flins and autographed a Communist card.

Paris UPI Leonid I. Brezhnev Georges Pompidou China Vietnam Brezhnev Pablo Picasso Pompidou Marseille Andrei A. Gromyko Maurice Schumann France Elysee Presidential Palace United Nations Indochina Renault Flins Communist Party Soviet Union Mediterranean Israel

US reports first foreign trade surplus in six months

The Labor Department noted a temporary turnaround with a September trade surplus of 265.4 million dollars and a six month gap since deficits began in April. Unemployment rose in three Ohio areas Canton Lorain Elyria and Youngstown Warren while 65 major areas faced 6 percent plus joblessness, the highest since 1961.

Washington UPI United States Labor Department Ohio Canton Lorain- Elyria Youngstown-Warren South Bena Terre Haute McRae Farmington and Batten Maine North Cumberland-Stratford N.H Silver City N.M Sulphur Commerce Department Harold C. Passer

Saigon tightens security for Thieu inauguration amid threats

Saigon police impose the tightest security restrictions in the capital ahead of Sunday’s presidential inauguration for Nguyen Van Thieu. U.S. officials warned of possible terrorist attacks this weekend as clashes occur outside the city, including a downed American helicopter near Bien Hoa.

Saigon UPI Seigen U.S Bien Hoa Nguyen van Thieu Thieu

FBI and Society Debates Over Police Powers and Rights

President Hoover defends FBI limits and rights of the accused, noting self defense rules and constitutional protections. He cites the FBI Academy's 1935 start and prior guidance on informing suspects of rights, while acknowledging past mistakes. A Princeton conference is urged to poll leaders who oversee the FBI and review recent federal court decisions.

Hoover FBI FBI National Academy Supreme Court Princeton U.S Lockard

Seven hour blaze destroys famed Cairo Opera House

Cairo in 1869 landmark opera house burns for seven hours wiping out an irreplaceable trove of antique costumes, jewelry, furnishings, scores and instruments. Fire officials cite possible electrical short or gas leak with minor injuries to two firefighters and no deaths. The loss capped a century of cultural memory in Cairo as authorities probe the cause.

Cairo UPI Eugenie Opera House Khedive Ismail Egypt Suez Canal Napoleon III Verdi Fire Brigade Middle East

Summer of 42 at College Cinema in Williamstown

At 9 a.m. the College Cinema in Williamstown still shows Summer of 42 starring Gary Grimes Jennifer O’Neill and Jerry Houser under director Robert Mulligan. Harte Theatre offers Billy Jack with GP rating, schedule 7:10 and 9:05.

Gary Grimes Hermie Jennifer O’neill Dorothy Jerry Houser Oscy Robert Mulligan

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RT. 67 Athaway’s Hoosick Falls, NY Sidehackers First National Stores North Bennington Road Bennington, Vermont Finast Che Junction Restaurant Lovie Mother Bell Joy Bobby Northrup Arkansas Travelers New England White Creek Road North Bennington Foreign Ministry Moscow Dalat FBI and Society Williamstown Harte Esso J.H. WiNslow Bennington Banner Main St Bennington The Banner Publishing Corp United Press International New York Times News Service Matthews, Shannon & Cullen Inc Vermont B.B.P Bennington, VT Harte Tes Bermington Rinaa Ieee SUN Dad Bradford House Monument Plaza Martin’s Shoe Store North Street
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