Truth in Lending Act sparks consumer credit debate
Public watchdogs may help buyers in a market flooded with enticing terms. Sen Paul Douglas proposes truth in lending to reveal finance costs and rates, but experts warn lenders could mask charges or redefine costs. Johnson argues the plan may fail to curb complex charges, leaving consumers uncertain how to shop for credit amid shifting standards.
MENTIONED IN THIS ARTICLE
Paul Douglas
Illinois
Douglas
Senate
Robert W. Johnson
Michigan State University
Johnson
No minor violations warn against traffic laws
State Police urge motorists to know and obey traffic laws stressing that no violation is truly minor and that careless behavior leads to accidents. They note most crashes involve at least one law or safe practice breach and call for shared responsibility to improve street safety.
MENTIONED IN THIS ARTICLE
Maine
Washington News Aid machinery is tuned for Kennedy era policy
Washington correspondent Ford Bidde reports on President Kennedy's foreign aid message heading to Congress and the ensuing clash over aid levels. New Agency for International Development Director Fowler Hamilton plans to reorganize, streamline operations, cut overhead, and tighten controls. He reduces staff, creates regional bureaus, and appoints country mission chiefs with training. An inspector general will oversee compliance, and Congress may fund travel to bolster coordination. The program aims for tighter administration, though visible results are months away.
MENTIONED IN THIS ARTICLE
Washington
Enterprise Assn. Washington
NEA
Kennedy
Congress
Latin America
Alliance For Progress
Agency For International Development
Fowler Hamilton
Hamilton
U.S
Europe
Asia
Africa
Research Gamble in Pharma and Patent Reform
The piece argues research is the lifeblood and gamble of pharmaceutical firms, noting high risks and huge past and future spending. It warns shortening patent life from 17 to three years would deter discovery, as developers would face forced licensing after three years, slowing progress against disease and disability.
MENTIONED IN THIS ARTICLE
Treasury
Daily Crossword Puzzle Across and Down Clues
Crossword item list presents numerous clues and word counts across and down, including Jewish legendary monsters and famous aircraft carriers, with entries ranging from 2 to 3 words and various languages and themes. The puzzle asks for solutions to each clue such as historic phrases, occupations, and objects, typical of a newspaper crossword page.
Dog laws and garage complaints raise city issues
A letter urges updated dog regulations including training and licenses for adults over twenty one and directs nuisance cases to the dog officer. The writer also criticizes a favored garage that tow cars, calling for police department reform and warning officers about issuing tickets to Cadillacs.
MENTIONED IN THIS ARTICLE
Biddeford-Saco Journal
O.K
Cy Neeple
Francis D. Chapin
Spending growth in 1962 stalls while spending stays high
Consumers and business spending show steady growth but fall short of government forecasts for 1962. Government surveys project a record 37.2 billion for the year, yet analysts warn higher consumer spending is needed to absorb excess capacity. the pace remains above last year but beneath peak holiday levels.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
New York
Department of Commerce
Securities and Exchange Commission
Valentine Poem Expresses Timeless Love Across Ages
The speaker recalls Valentine memories from youth and sweet whispers, then vows a deeper, unselfish love in adulthood. The poem ends with a universal greeting, wishing everyone a happy Valentine’s Day.
Money marriage on rocks in true life tale
HAL BOYLE relates a true life example of Mark a handsome ambitious man who marries Dolly a very rich woman. He quits his job joins her fast international set loses his identity and happiness. Dolly hoards wealth denies him autonomy and after a string of personal humiliations he dies the only escape from Dolly’s money.
MENTIONED IN THIS ARTICLE
Mark
Dolly
Marks
Adams Street Biddeford Daily Publisher Editor Contact Details
Biddeford Maine newspaper entry lists Casavant publisher I J Mahoney editor and phone numbers for departments. Subscription rates shown: one month 1.85 six months 10.50 one year 21.00. Associated Press rights noted for local news and dispatches. Second class postage paid indicator included.
MENTIONED IN THIS ARTICLE
Adams Stree
Biddeford
Maine
Casavant
I J Mahoney
Associated Press
Post Office
Time-honored age blames and rebukes the old
Ruth Millett reflects on how aging is mocked by younger people who pin every fault on age. She notes teenagers, vandalism, world pessimism, and past-oriented thinking provoke old-timers. The piece argues aging should earn respect, not scorn, and urges measured public comment.
MENTIONED IN THIS ARTICLE
Ruth Millett Newspaper Enterprise Assn
A thought for retirement invest in the stock market
Retirement guide by Martin E. Legal promotes stock investment as supplementary income. It explains the Monthly Investment Plan of the New York Stock Exchange, options like mutual funds, and how small, regular deposits can buy fractions of shares. The piece cautions against gambling and notes broker commissions. It ends with a brief local AP wire item about Morris Minnesota liquor store grand opening.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Mutual Funds
MIP
Sam
Dept
Also Mentioned on This Page
BY Bruce Biossat
Defense
McNamara
Washington News
People’s Forum
Mr. Untouchable
Cheyenne
Ford
Black Knights
Redman
Umas
Explorer
Journal
Explorer IV
Police Dept
Business Mirror
Valentine
Boyle
Hal Boyle
Little Liz
Lace Journal
Ruth Millett
and Veterans Guide
Martin E. Legal
Retirement Advisors, Inc
DRY Run
Morris, Minn
Morris Municipal Liquor Store
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