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Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Jan 02, 1960
Page
4
A compact reflection on fame grounded in service to others. The piece cites Charles Sumner and urges that lasting recognition arises from labors that advance human happiness.
Nixon is effectively unopposed for the 1969 Republican presidential nomination as Dewey era rivals faded and Rockefeller chose not to wage a protracted primary battle. The GOP concentrates on organization for the fall campaign while Nixon maintains a strong lead over Democrats in public polls. Rockefeller’s exit eliminates a costly rival path, leaving the party without major intra party battles and a long buildup before fall.
The January New England Letter from The First National Bank of Boston reports 1960 began with strong momentum into December, highlighted by rising steel and auto output and record holiday spending. It notes inventories, equipment, and plant investment up, consumer spending improving, and construction remaining high while home building declines. Export prospects improve amid global activity. Risks include labor costs, credit and interest rates, and international affairs, with the election year poised to influence policy. The piece urges restraint from all sectors to avoid destabilizing the cycle and cautions on debt ceilings and Treasury refinancing.
The Agriculture Department earmarks 756 million to remove land from production while the Commodity Credit Corporation budgets about 2.5 billion to remove surplus produce. The Interior Department seeks 216 million for dam and irrigation projects to expand productive land and voters back the policy. Leap Year nears with perennial advice. Students travel by college flight, train, or football coach.
Washington editorials argue Eisenhower’s world tour boosts prestige but needs concrete action. A State of the Union and Congress must approve programs, including a renewed Food For Peace plan, with emphasis on personal sacrifice and aid to other nations to avoid disillusionment.
AP Business News Analyst Sam Dawson summarizes how the 1950s delivered three major shake-ups: wartime spending and tax changes, two recessions, and a strong rebound. GDP rose from 285 to about 485 billion dollars, industrial output climbed from 112 to near 166, while personal income expanded from 227 to 384 billion. The dollar’s purchasing power eroded, with the cost of living index rising from 102.8 to 125.6, and population grew from about 150.7 million to an expected 176.4 million in 1960.
Investor column urges using past growth to judge future in 1960. It highlights eight giants GM and Standard Oil NJ with 1939 1959 revenue leaps, forecasting continued growth to 1980. Advises bold stock bets for long horizon and bonds for risk-averse, ending with 1960 as a year of opportunity.
Ruth Mullett argues that wives who work and share finances may grow tired as family demands increase. She advises couples to live on one income now to preserve the option of full-time homemaking and prevent becoming dependent on two salaries.
Welfare Secretary Arthur Flemming urged Congress to reform the Public Assistance program by replacing four separate federal formulas with a single largely untargeted grant to states. He advocates ending residency requirements and consolidating funds to give states broader control, though details of federal oversight remain undeclared. The plan hinges on Eisenhower’s future legislative proposals and would affect Aid to the Aged, Blind, Disabled, and Dependent Children.
Russ Tamblyn returns from Army to Hollywood after training at Ft Ord and service at Ft Sill. He acts in Gunslinger before resuming duty, says the Army helped him learn to work in a unit and see comebacks as part of a career. A separate note from City, Ill compares a Bantam hen defending a nest between railroad tracks, yielding eight chicks.
A reader asks for investment guidance in a Henry France style column. The piece references stock market moves and a speculative approach with buy opportunities if prices drop. It notes annual publication details and copyright from 1959 General Features Corp.
A speaker wanders a road through bramble-dingles and everlasting slopes seeking direction. Morning to night, the path evades memory and the speaker contemplates turning back or choosing a first turn right. Hope flickers for a friendly farmwife offering tea and jam before continuing, concluding with Sarah Bridge Graves.
A mixed list of crossword clues with across and down entries covering religious houses, titles, Latin hints, ships, states, and misc terms. Includes names such as Lloyd and Abbi, plus notes on leather shoes, ambush, and various international terms.
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