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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Apr 25, 1961
Page
4
Editorial note quotes Mary Baker Eddy on the impracticality of working from two standpoints. The piece reflects on unity of purpose and consistent approach in thought and action.
Bruce Biassat notes President Kennedy ties faster growth to solving unemployment and industrial slack. Economists debate true growth meaning, capacity use, and targets. Walter Heller cites 17 industries with 30 percent unused capacity, suggesting a $50 billion output gap to full employment. Growth averages about 3 percent annually, with potential up to 3.4 percent without extra stimulus. The comparison with the USSR and Western Europe hinges on catch-up dynamics and resource use.
The piece argues the US gold reserves have declined due to foreign spending by Americans. It proposes a bill to establish US tourist information offices abroad and relax entrance rules to attract foreign travelers. It notes Europe’s recovery, jet travel, and that many Western nations already run international tourist offices. An American service could bring foreign visitors and reduce gold losses.
Vice Admiral Ralph E. Wilson notes Soviet focus on sea power, with over 800 merchant ships totaling 4.5 million deadweight tons and plans to double fleet size by 1965. He argues U S shipping must be strengthened as Moscow pursues global dominance through commerce and navy power. The piece also darts through assorted quirky blurbs about social quips and a speeding waiter in Chicago.
Washington outlines how Kennedy era foreign aid must adapt to small nations fighting Communist takeovers. Laos illustrates risks of misdirected aid, with corruption, black markets, and civil conflict fueling instability. U S. to boost Laos support amid uncertain timetable and possible red takeover.
Boyle recalls chats with celebs about epitaphs and a one word meaning of life. Notable responses include Morey Amsterdam loving “he was a nice guy” and Bob Hope praising applause while many favor love happiness and hope. A friend sums life as “sweet sorrow” amid optimistic views.
AP reports Wall Street leaders envision a revived lower Manhattan with a 60 story bank building, a circular NYSE home, a $355 million world trade center complex, hotels and housing. David Rockefeller says progress is solid though final approvals and financing may take years. Port Authority backs financing and awaits state actions before detailing plans and deals.
A blue clad traffic officer works amid heavy congestion as cars clog busy highways. With flicks of white gloves he scours lanes to ease snarls and restore flow, while horns blare and drivers vent frustration in a tense urban scene.
The piece warns that adding cash to relieve recession can backfire, with prices spiraling and work collapsing as goods vanish from shelves. It argues Americans misjudge inflation, noting nationwide disbelief amid fiscal tinkering. It also discusses Cuba's invasion and Castro's appeal, stressing rulers use promises of benefits to gain support.
Ruth Millett notes a Memphis attorney seeks to revive thoughtful dialogue in the community. He sent a letter to 50 people urging a forum where diverse views can be aired calmly. Millett suggests conversation clubs as a possible nationwide remedy to constant talking at others.
A fragment notes a quirky saying about a family man, describing him as someone who keeps snapshots in his wallet where money once rested. The text hints at nostalgia and a humorous view of value and memory.
Biddeford Saco Journal published daily except Sunday at Biddeford Maine. Publisher Marie Paul Casavant Editor T J Mahoney. Subscription rates payable in advance: one month 1.85 six months 10.50 one year 21.00. Associated Press rights noted and newspaper entered as second class mail in Riddeford Maine.
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