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Biddeford Saco Journal in Biddeford, Maine

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Biddeford Saco Journal

Location

Biddeford, Maine, United States of America

Date

Jul 21, 1962

Page

4

Editorial Page Thought for Evening

A compact aphorism from Thomas Sprat urges readers to mirror faults in others by correcting them within themselves. The line, presented as a reflective piece, invites self-scrutiny and personal reform.

Profits lag as national gain outpaces corporate returns

The piece notes rising per capita income and output yet shrinking corporate profits. It cites Sun Oil data showing sales doubling in 15 years but after tax profits dropping from about nine to five and a half percent of national income. It argues profits fuel expansion and modernization amid tougher global competition and a need to invest up to 99 billion dollars to modernize American plants.

Sun Oil Company America Secretary of Labor

Social Security Funds Face Future Under Senate Proposals

Washington’s Peter Edson reports that Senate debates on child welfare public assistance and medical care for the aged hinge on expanding coverage and raising base deductions. Projections show trust funds fragile but argued to self correct with wage growth. a new medical care fund would add separate deductions starting January 1 1964.

Peter Edson Washington Enterprise Assn NEA Senate Social Security Administration Disability Insurance Congress

Babson on Diversification Across Industries

Roger Babson argues diversification is essential after surveying Gloucester and Rockport's old industries. He recalls the fish, granite, and general merchandise trades, noting how shocks like quick-freeze methods, asphalt paving, cement, and steamships reshaped fortunes and urging readers to spread investments across multiple sectors.

Gloucester Rockport Babson Horn China Atlantic Ocean Cape of Good Hope India East Indies

Third life success for a 90-year-old retiree from Shelbyville

A. H. Schmaitter of Shelbyville Indiana details a life of multiple retirements and productive work after 65. He began as an insurance agent in 1900 then managed the insurer’s office building, retired again at 85 to craft bird boxes and garden, and remains active in church and daily tasks with his wife.

Adams Street Biddeford Maine Paul Casavant T. J. Mahoney Associated Press A. H. Schmaitter Shelbyville Ind Schmaitter Columbus Schmauzers Insurance Company Schmauzer Schmaitters

Biddeford Elm Disease Prompts City Action Call

Richard Lizotte writes from Biddeford urging the city to combat Dutch Elm Disease plaguing elms along streets and threatening shade trees. He notes authorities in northern Maine spray trees to control the disease and asks Biddeford to follow suit before more trees die.

Biddeford-Saco Biddeford Maine Richard Lizotte

An Atom of Hope by Don Oakley

The piece suggests that despite nuclear tests by Russia and the United States, progress toward disarmament may occur. Remote monitoring of underground tests improves, potentially easing on site inspection disputes. A treaty hinges on trust, while peaceful nuclear uses in Novaya Zemlya and Nevada may help break the deadlock.

Russia America Pacific Nevada Geneva Soviet Union Kremlin Novaya Zemlya

Mass distribution drives modern retailing shift toward big volume

The article argues that mass distribution underpins contemporary retailing across foods, variety, department stores, drugs, and restaurants. By moving large volumes at small per sale profits, retailers win margins on overall dollar sales, benefiting consumers despite low per item profits. It notes ongoing innovations like discount houses and shopping centers and ends with a humorous line on kids picking cherries for pay.

Faulkner in Hollywood a free wheeling writer with Hawks

Hollywood obituaries note Faulkner hid little pride in his film work yet spent years at studios with Howard Hawks. Hawks recalls their first project in the early 1930s, Faulkner finishing scripts in days and shaping roles for Joan Crawford and others. Their collaborations include To Have and Have Not, The Big Sleep, and Road to Glory.

Hollywood William Faulkner Howard Hawks Hawks Paramount Faulkner Ben Hecht Charlie MacArthur Alexander Woollcott New York Able Crawford Clark Gable Gable Imperial Valley Ernest Hemingway Willa Cather Thomas Mann John Dos Passos

Also Mentioned on This Page

Thomas Sprat Washington News Washington Bureau Report Roger Babson Peru By John M. Hightower United States White House Lima Kennedy Latin America U.S Alliance For Progress United State Lace Journal Babson Park Mass Massachusetts Frank E. Davis Clarence Birdseye Interior Department Cape Ann Rockport Granite Company Hong Kong Philadelphia New Orleans Nathaniel Babson McCrory and Veterans Guide People’s Forum Benton BY Don Oakley Kelly la Guardia Connecticut Town Jeversey Black Sea City Baker's Companion
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