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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Aug 22, 1962
Page
4
Pythagoras quotes the value of personal merit over public commentary. The editorial reflects on quiet, steady virtue and encourages focus on worthy effort rather than external praise or blame.
Life magazine urged a shift toward free market farming, opposing the Administration’s subsidy plan. It urged Congress to extend free market principles yearly until farming is fully free, noting past programs benefited large corporate farms while meat prices remained fair for consumers.
The piece argues that U S defense budgets of about 48 billion dollars yearly sustain a dense network of private firms. It notes three big missile plant contractors mix auto and aircraft, and many electronics and R D companies rely almost entirely on federal work. It warns of severe impact if defense contracts end, while acknowledging private and public enterprise intertwine amid the cold war space push.
The Chamber of Commerce favors substantial tax reductions to spur business and jobs but warns cuts must be paired with a strict economy program. It proposes scaling income tax and corporate tax rates to accelerate consumer spending and investment while cautioning against large tax cuts without spending cuts.
Washington NEA reports ICC hearings begin August 2 on the proposed merger of Pennsylvania Railroad with New York Central System, with two additional potential eastern systems merging Baltimore & Ohio with Chesapeake & Ohio and Norfolk & Western with Wabash and Nickel Plate. The three plans affect 42 eastern railroads, may redraw routes south of Washington and into Chicago and St. Louis, and involve complex corporate structures built from dozens of past mergers.
The United States hits a new debt peak topping 300 billion dollars marking a pivotal year in which debt management, interest costs, and funding dynamics influence rates and financing across government, corporate, and personal sectors. Experts note continued growth into midwinter with possible peaks if taxes fall and spending rises.
AP reporting from Hollywood notes that service pictures depicting American forces risk disappearing due to Pentagon directives. Sy Bartlett, Air Force reserve colonel and producer of A Gathering of Eagles, discusses resistance, government scrutiny, and the role of SAC maneuvers in allowing production while highlighting the films’ value in portraying taxpayers’ return and showing the dangers of misused power.
A reader of The Journal laments the worsening trash conditions along Old Orchard streets. The writer cites Washington and Evergreen avenues and urges civic leaders to post signs or run ads to deter daily littering with fines, noting the town as the Playground of Two Nations.
TV and radio shift to a two in one approach as Audrey Christie explains tour de force versus patsy roles in CBS will feature Fair Exchange a weekly hour long situation comedy. The show pairs an American and British family in a swapped teen daughter premise blending home life mores with a two part format.
C F Hadley of Wichita Kansas reflects on his nontraditional retirement. He retired from active service on Oct 1 1957 but continues to work part time for an insurance firm. He stays busy with church duties ham radio coin collecting stamps and shared housework with his wife.
Publication details for the Biddeford Daily Except Sunday show publishers editors and contact numbers. Subscription rates are listed: one month 1.85 six months 10.50 and one year 21.00. The paper is a member of the Associated Press and entered as second class postage paid at the Biddeford Maine post office.
Crossword clues include Harms Miser s trait Tips business mishap relative of 48 Across motorcycle extras condiment card blemish andBiblical king dweller south of.
Ruth Millett cautions women against giving unsolicited tips to men. She urges restraint during problems, warns not to say I told you so, and advises listening fully, avoiding interruptions, and not turning every worry into a shared drama.
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