Money System Leveler Of Production and Demand
AP analysis argues the Fed’s tight money policy depresses spending by restraining lending. It cites $550 million held idle, impact on big and small banks, potential downgrades in growth, and risks of inflation and a renewed credit squeeze. It warns policy and taxes must align to avoid further economic dislocation.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Fed
Howev
Boston
State Street Bank & Trust Co
New Engand
Maryland to enforce new left outside mirror rule Monday
State police and several counties announce a grace period for Maryland drivers ahead of a new law that requires an outside left rear view mirror on motor vehicles starting Monday. The policy seeks better visibility and vehicle safety across the state.
MENTIONED IN THIS ARTICLE
Baltimore, Md
Maryland
Battle For Airbus Production War Heats Up In Aviation
The AP reports a high stakes race among Lockheed McDonnell Douglas and a European consortium to win airline orders for a large 230 to 350 seat airbus. Lockheed eyes a 300 plane market by 1975 with 800 by 1980 at about 16 million dollars each. European partners plan first flight in 1971 with 230 to 300 seats. Airlines including Eastern Trans World and American show interest. United is cautious due to its DC8. Fares may drop but not dramatically.
MENTIONED IN THIS ARTICLE
New York
Airbus
Lockheed Aircraft Corp
McDonnell Douglas
Robert I. Mitchell
Lockheed
Eastern
Trans World Airlines
American
United
Britain
Hawker Siddeley Aviation
Sud Aviation
France
Deutsche Airbus Gmbh
New Social Security Law Expands Disability Criteria
The updated law liberalizes qualifications for age under 55 industrial blindness and raises benefits for some recipients with disability and workers' comp. It tightens the 80 percent earnings offset while shifting from a wage base to actual earnings for defining earnings, preventing many benefit reductions.
Explosion tears through Leadville home injuring couple
Eight children escaped unhurt as a gas water heater failed and an explosion lifted the roof of E. G. Potter home. Fire Chief Joe Plute said the blast threw the water tank top through the roof. The Potters and their children, aged 4 to 13, woke under more than three feet of debris. Potter had cuts and bruises while his wife suffered chest bruises and possible broken toes.
MENTIONED IN THIS ARTICLE
Leadville, Coo
E. G. Potter
Joe Plute
Potters
Potter
Music Pupils Guests At Holiday Party
The Music Appreciation Class of Miss Ruth Olive Roberts held a morning party at 342 Main St. Saco featuring New Year selections and a new Musical Rummy game with prizes. Students included Pamela Witham Suzanne Viger Mary Kenneally John Black and others. Refreshments were served and handmade noisemakers were given to the children.
MENTIONED IN THIS ARTICLE
Ruth Olive Roberts
Main St
Saco
Pamela Witham
Suzanne Viger
Mary Kenneally
John Black
Thomas Ouellette
Lise Marie Roy
Guy Nadeau
Maria Hadiaris
Shelley Wolfahrt
Diane Collette
Patricia Rube
Marie-Jean Higgins
Steven, Chute
Dianiel Baillargeon
Patrick Fennell
Joan Gelinas
Paula Robert
Joseph Kenneally
Anne Voccia
Marie Vittorioso
Susan Danning
Christmas Gift Drive Brings Cheer to Kennebunk Needy
Nearly 80 children in Kennebunk received gifts and food baskets as a dozen groups including Webber-Lefebvre Post 74 American Legion and Auxiliary, Boy Scouts, Rotary Club, and Unitarian Youth Fellowship contributed new and used toys. Leo Brisard led the distribution effort.
MENTIONED IN THIS ARTICLE
Kennebunk
Legionnaires
Webber - Lefebvre Post 74
American Legion of
Leo Brisard
American Legion and Auxiliary
Boy Scouts
Rotary Club
Mothers of the Children At
Cousens School
Kittery Navy Yard
Unitarian Youth Fellowship
Legion Post
Classics Still Please Some Kids While Others Drift
The piece notes children yawning at old favorites like Little Women and Kidnapped while Swiss Family Robinson and Snow White stay popular. A librarian cites themes of orphaned protagonists as enduring appeal. The narrative shifts to Havana Radio reporting seven French nuclear physicists joining Cuba’s Cultural Congress January 4 to 11 and 500 delegates expected.
MENTIONED IN THIS ARTICLE
Marmee
Tarkington
Miami
Fla
Havana
Cuba
North Vietnam
National Liberation Front
South Vietnam
Hanoi
Total Surplus Funds Reported as 1 861 818 38
The document lists Total Assets and Other surplus funds totaling 1,861,818.38 dollars as the current surplus funds figure. No additional context or entities are provided in the readable text.
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John Cunniff
Lloyd M. Anderson
Frank A. Snell, Inc
Portland
St. Andre’s School
Young American Civics Club
Monique Couture
Albert Paquette
Cleaves St
Biddeford
Maryknoll Fathers
Inchon
Korea
Barbara Fecteau
George Taylor
Tut
Wariban
Biddeford Savings Bank
F.d.lc
Dover
Del
Delaware
Charles Terry
State Board of Agriculture
New England
THE
Associated Press
Great Barrington
Erica Anderson
Europe
Lambarene
Betty Canary
E. Withee
York County Davinds Bank
Maine
SSETS
Endicott Johnson
Biddeford, Maine