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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Jan 11, 1963
Page
4
Thought for the evening quotes William Benton Clulow praising original ideas over conquering many battles. The brief reflects on valuing personal insight and creative contribution.
U N and U S officials see Tshombe weakened as Katanga lose control of most mineral sites and Elisabethville Jadotville fall under U N. Union Miniere talks taxes signal new Congolese system, while a federal future for Katanga is raised without full independence.
Edison Electric Institute president W. W. Lynch outlines 1962 gains in the electric power sector. Highlights include the Soviet Union leading in generating capacity and transmission lines, a 6 percent rise in total generating capacity, a reserve margin over peak demand by 25 percent, increased interconnection of utility systems, investor-owned plants surpassing $50 billion, a fall in residential electricity cost from 2.45 to 2.40 cents per kWh, and a tax bill of $2.68 billion across all levels of government.
A leading oil company officer warns that free enterprise must be practiced, not just preached, to resist heavier government control. He cites a misperceived 20 percent profit belief and a 4 percent true margin, urging economic literacy and adherence to principle over expediency. He calls for clear messages to public and educators alike.
Washington reports reveal a six month timeline to deliver 53 million dollars worth of food drugs medical gear to Fidel Castro as ransom for 1,113 Bay of Pigs captives. The plan covers 30 million in food and 23 million in medical supplies sourced from 130 donor firms led by the Grocery Manufacturers Association and Pharmaceutical Manufacturers Association. A complex credit arrangement through Royal Bank of Canada Bank of America Morgan Guaranty Trust and Continental Insurance backs the ransom with two 26.5 million letters of credit. Castro sought an additional 2.9 million cash ransom before the final prisoner releases amid scattered negotiations and banking guarantees.
AP reports at the 53rd National Motor Boat Show in New York that pleasure boating sales rose after a dip, driven by expectations of higher prosperity and more leisure time in 1963. Foreign participation includes 40 boats from five nations while U S firms note rising disposable income and leisure time fueling a revival.
In a Tunisia field hospital twenty years ago a Jewish private recounted bayonet killings of two Nazis and the resulting psychogenic paralysis in his right arm. A doctor called it guilt driven by a creed against killing, leaving the soldier to wonder if his arm ever found peace.
Ruth Millett explains that today’s beauty aids alone won’t attract men. Quiet self respect gentleness vivacity intelligence and consistent kindness are valued, while vanity, criticism and bustle can push men away. True beauty, she says, lies in character beyond surface appearance.
The article explains that only earnings over $1200 a year affect Social Security retirement benefits and other income from business sales or property does not. It covers examples with a dentist selling a practice, rental income from a trailer park, and veterans’ Social Security credits versus Navy retirement. It also offers guidance for an elderly man seeking volunteer work after bereavement.
Biddeford Lace Journal published at 11 Adams Street lists staff and contact numbers T J Mahoney editor and publisher Marie Paul Casavant publisher. It shows subscription rates payable in advance one month 1.85 six months 10.50 one year 21.00 and notes Associated Press membership and postal classification in Biddeford Maine.
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