Turn Back The Calendar by HAL Boyle in New York AP
Boyle sketches memory lane with nostalgic vignettes from midcentury America. He recalls cheap cigarettes, beefsteak for a dollar, straw hats on butchers, mailboxes in trees, corncob pipes, rabbits for meat, petticoats, dogs for boys, live Christmas trees, ice deliveries, Sunday naps, serials in Saturday cinema, Eddie Polo and Ruth Roland. He notes plentiful parking, parks in cities, and small prices like a nickel candy bar and a 15 cent double dip ice cream.
MENTIONED IN THIS ARTICLE
New York
Ber
Father
Eddie Polo
Pearl White
Ruth Roland
America
Economy Bursting At Seams
The Federal Reserve may risk a credit crunch to curb an economy bursting at the seams. It raised the discount rate from 5.25 to 5.50 percent and held rates banks pay for deposits, reducing money supply. Demand may exceed loanable funds, with credit-worthy customers possibly denied loans as tight money returns. The move aims to slow activity to a sustainable level amid strong corporate and consumer credit demands.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
United
UN panel studies direct satellite to home broadcasts feasibility
The General Assembly's political committee unanimously approved a US led proposal to form a working group under the UN COPUOS to study direct satellite transmissions to home receivers, including economic legal and other implications for developing nations. The measure also seeks continued talks on liability for space missile damage on foreign soil.
MENTIONED IN THIS ARTICLE
Associated Press
United Nations
N.Y
General Assembly
United States
Uder
U.N. Committee
Inflation Psychology and The Risk of Credit Contraction
The piece argues that inflationary psychology fuels higher prices as people and firms expect prices to rise again. It warns that restricting credit could curb expansion but risks triggering a recession, described as an anemia of the economy, with unclear onset and potential health hazards to growth.
MENTIONED IN THIS ARTICLE
Johnson
Biddeford High School Guidance Office Hours Listed
Harold Pinansky bids open guidance office on Mondays December 23 and December 30 from 9 a.m. to 12 noon to consult with former students as part of a follow up study on Biddeford graduates. The piece ends with a misfit line defining the term equinox.
MENTIONED IN THIS ARTICLE
Harold Pinansky
Biddeford High School
Pinansky
Quick Quiz: Early U.S. Navy Sub and Cabinet History
The Holland submarine was launched in 1898 and accepted in 1900 marking the Navy's first undersea craft. Robert C. Weaver became the first Black Cabinet member in 1966 as housing chief under President Johnson. The Santa Fe and Oregon trails began in Independence Missouri, the gateway to the West for 19th century pioneers.
MENTIONED IN THIS ARTICLE
U.s.avy
U.S. Navy
U.S
Robert C. Weaver
Dertment of Housing
Rban
L. B. Johnson
Missouri City
Independence
West
Also Mentioned on This Page
Boyle
Hal Boyle
Iceman
Joan Cunniff
Sasebo
Japan
Zengakuren Students’ Organization
U.S. Naval Base
Science and Technology Agency
Florence
Italy
Rome
Naples
Seoul
Bob Hope
Imin River
Hope
U.S. 2Nd Infantry Division
Ann-Margret
Beaupre’s
Lee Th
Beaupre Gas
Alfred St
Biddeford
Black & Decker
Money Saving
Sander
Maine Hardware
BHS
Newspaper Enterprise Association
California
San Miguel Island
Main Street
General Electric
Nis
Aly
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