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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Biddeford Saco Journal
Location
Biddeford, Maine, United States of America
Date
Jun 11, 1962
Page
4
Editorial pondering democracy contrasts with other systems, highlighting human dignity economic freedom and personal responsibility as core democratic traits attributed to Dwight D Eisenhower. The piece reflects on civic values urging readers to uphold individual responsibility within a free market and inclusive society.
President Keith Funston of the New York Stock Exchange urged the Senate Finance Committee to abandon the Administration’s dividend withholding proposal. He warned a flat 20 percent withholding would overtax many elderly, retired, and low income stockholders, contrasting it with wage withholding which better reflects earners’ status. He urged better tax education, IRS data use, and data processing as remedies to under reporting instead.
Variety chains aim for 300 million in sales gains this year and plan about 500 new stores with five-year totals around 2,200. Authorities foresee these stores as major general merchandise outlets in many new shopping centers, while firms slash costs and boost store appeal to meet sophisticated customer wants.
Secretary of Agriculture and Assistant Secretary of Interior debate future food production and cropland needs claiming 50 million fewer acres versus 20 to 63 million more, implying possible government dam building and federal control of power. The remarks feed a broader debate on socialism, taxation, and growth in the electric and agricultural sectors.
U S Steel chair Roger Blough works for President Kennedy on a task force to reverse the dwindling U S gold reserves. A June 11 first meeting with Treasury Secretary Dillon will set exploratory aims while Blough selects the committee. The article stresses the need to curb overseas spending and boost exports to stabilize gold.
Paul Harvey muses on city character and national duty in a cold war metaphor. He praises youthful energy from the Junior Chamber of Commerce and contrasts frontline courage with checkbook patriotism, urging active public service over comfort. The piece blends civic reflection with a call to action amid national strain.
AP writer CYNTIA LOWRY reviews The Movie Star on NBC, portraying Billy Allen as a flawed, drinker whose heroism is questioned. The piece critiques the TV drama set in Charity Kansas, exposing family tensions, marital breakdown, and a curious memorial crowd. Julie and Carol at Carnegie Hall is recommended on CBS.
Investors Forum by Harry C. France criticizes SEC investigations as evidence that ethics and professional standards lag in securities. He advocates strict academic grounding for advisers, proposes 25 000 young graduates enter finance in 1962, and outlines a path from college to trust officers or partners, stressing disciplined mentorship and five figure incomes.
A mixed set of crossword clues covering geography ancestry maritime terms and literature with numerous abbreviations and obscure references. Solving requires mapping across and down entries to provinces geographies individuals and mythological figures while noting language hints and nautical terms.
Ruth Millett offers a practical list of do's and don'ts for visiting relatives during vacation. She urges guests to wait for invitations plan arrival and duration, avoid bringing pets, skip overnight stops to save hotels, and assist with housework. The piece emphasizes respectful, considerate hosting and keeping visits reasonable in length.
Publication masthead states Biddeford Maine with Paul Casavan publisher and T J Mahoney editor. Subscription rates listed: one month 1.85 six months 10.50 one year 21.00. Associated Press rights noted for local news and dispatches. Entered second class at Biddeford post office.
A reader asks why the paper rarely covers mutual funds. The editor replies that most investors are better off managing their own money, reflecting a stance from 1982 about personal investment guidance.
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