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Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Aug 27, 1962
Page
4
Thought for the evening argues that good deeds endure beyond memory and are not lost even if the benefactor is forgotten. It reflects on moral action and personal integrity as lasting contributions to society beyond immediate recognition.
Henry J. Taylor argues that government spending cannot create prosperity and that prosperity comes from people. Economists, business leaders, and officials share this view as Western economies and the Cold War balance hinge on the outcome. Tax relief, depreciation law liberalization, and competitive costs are urged to spur investment and modernization. A friendly climate for industry is essential, with business, labor, and government acting with wisdom and long vision.
Financial writer John Chamberlain argues in a Sun Oil Company magazine that heavy government controls may not have spurred growth. He cites the 1887 Interstate Commerce Commission and the Eighties as beginnings of the paradox that free enterprise produced rising affluence despite regulation. He invites readers to weigh freedom versus top-down control.
The Acme Markets story shows crime curbed where law enforcement and citizen cooperation teamed up. From 1949 for eight years 95 armed holdups plagued 83 bandits in 18 stores. all were arrested and most jailed for life. In 4 years more, only two holdups occurred and one solved, proving crime pays poorly when proactive policing and cooperation prevail.
Washington taxi driver recalls tourists asking to see Vice President Lyndon Johnsons home. Rep Perkins Bass recounts Eisenhowers Washington visit with Kathie serving pancakes and New Hampshire syrup. A West Coast showgirl adopts Senatta McClellan as her stage name. Kennedy aide OBrien, an Irish politics alumnus, tells a Curley story. Belieu cites Tafts quip on churchgoers. Frelinghuysen replies to an economic cut debate with Hamlet styled letter about tax loopholes and congressional action.
Edie Adams, widowed after Ernie Kovacs' death, manages a packed slate from wrap on It's a Mad Mad World to eight ABC specials. She hopes to perform in Las Vegas or New York supper clubs, records a new album, and plans for commercials and Hook shows, while balancing financial concerns with a growing career. Gypsy on Broadway and tour profits top $1.09 million, with $378,000 earned in a 37-week national swing.
Investors Forum by Harry C. France argues rising costs push needs for higher income. It analyzes liquid, stable savings options and recommends NYSE listed preferred stocks from United States Steel, General Motors, DuPont, R. H. Macy and United States Rubber as safer, instantly marketable income sources with yields from about 4.0 to 5.1 percent.
Washington AP The Senate Judiciary Committee led by Fastland and Johnston stalled Thurgood Marshall's federal appellate nomination for nearly a year while White's swift Supreme Court path contrasted. Johnston's six hearings folded into a subcommittee review, with Senate action uncertain as Congress winds down. If not confirmed before adjournment Marshall risks salary loss.
Biddeford Maine publication details list address 11 Adams Street for Lace Journey and staff credits. It notes Daily Except Sunday publication with Paul Casavant publisher T J Mahoney editor and telephone numbers for departments. Subscription rates are provided: one month 1.85 six months 10.50 and one year 21.00. Associated Press material is credited and reprinted locally.
Jack Rich an 80 year old retired carpenter runs a custom on order jig saw puzzle business. He enlarges customer photos into 8x10 to 16x20 prints, mounts them on boards, then cuts intricate personalized puzzles. Pricing ranges from 10 to 15 dollars with costs 3 to 5 dollars per piece, yielding 7 to 10 dollars per puzzle in labor.
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